FOREX NEWS
Euro, British Pound Rally Against the U.S. Dollar Ahead of the U.S. Nonfarm Payrolls Report
[DailyFX] - The Euro extended its three day advance against the U.S. dollar ahead of the highly anticipated nonfarm payrolls report from the world’s largest economy. Indeed, we may see whipsaw price action ahead of the report as the currency market
Euro steady ahead of US jobs report
[AP] - The euro is barely changed against the dollar as markets focus on the upcoming release of a closely watched U.S. jobs report.
FOREX PAIR RECOMMENDATION
VIDEO NEWSHouse Prices Are Still 10% Too High, Says Barry Ritholtz |
TECNICAL ANALYSIS VIDEO- European Outlook August 31st 2010 |
WHAT IS FOREX ???
Currently the total of funds in the forex market is the largest in the world, almost nearly 1.9 Trillion USD/day. With other words the forex market is very liquid. Observing the movement of forex pairs, pair(EUR/USD) can move in range of 100-200 pips/day, with the leverage facility this would be opportunity for trader trader to make a huge profits, it can be up to thousands of dollars/day. Forex is categorized as 'High Risk High Gain' investment, so any potential losses are also bigIf you are currently looking for informations on what work home job opportunity? the answer is forex trading. Forex is an abbreviation of Foreign Exchange which allows trader or person to trade foreign currencies like (Dollar, Yen, Pound, etc). Previously only the big banks or rich people in the world can doing this trade, Now anyone can. And you can do from your nice home just sit in front of your computer with internet connection.
Currently the total of funds in the forex market is the largest in the world, almost nearly 1.9 Trillion USD/day. With this big market, the forex market is very liquid(Means that you can buy or sell can always be served at any time). And almost all countries in the world doing forex trade for many purposes, like supporting his regional export-import, or for investment for the individuals.
Here Seputarforex.com try to give you everything about the forex world, whether it tutorial forex, forex books, forex video, forex news, forex calendar, how to practice forex, forex broker, etc.. Hope that it can help you to become a reliable trader.
What you can get from forex ?
By observing the movement of forex pairs, a pair(EUR/USD) can move in range of 100-200 pips/day, with the leverage facility this would be opportunity for trader trader to make a huge profits, it can be up to thousands of dollars/day or every time trade. But according to the motto of 'High Risk High Gain', so any potential losses are also big.Our capital can instantly gone in time as well. So forex is categorized in high-risk trade. In other words, if you are interested to get into this business you must make sure that you have sufficient knowledge.
Learning Forex (Step by Step)
For those who are first time recognized the forex. It is a good idea for you to read and learn many articles on web. Now it is not difficult to find resources to learn forex, you can search it on google and you will find a variety of articles, ebooks, videos, and tools to enhance your forex knowledge.
Here we are giving you steps that can help you learning forex precisely:
1. Introduction to the forex:
a. What is forex: Knowing the forex world
b. How to trade forex: Explain the rules of forex trading
c. Profit-Loss: Explain how to calculate of profit and loss in forex trading
d. Forex Strategy: Here you learn how is the strategy to win the trade, some point you have to learn:
- Introduction to graphs and analysis, learning forex charts: Know the types of graphs and how to read.
- Technical analysis: using mathematical indicators to analyze price movements (Indicator MA, RSI, MACD, etc.)
- Fundamental analysis: learn about how world market news can influence on forex price.
- Accelerate your learning : It is very important for you to doing learning forex by viewing the videos, ebooks, etc
Providing and get demo test and practice. With these you can begin trade(training) immediately. Using facility of demo account from broker allows you to simulate a real trading, but using a virtual currency.
3. Starting real trade:
Deposit & withdrawal of funds in the forex.
Forex Broker
There is some considerations to choose a good forex broker, now there are so many online forex brokers, which offers programs and services in vary, and yet untested his credibility. Therefore do not be too hasty to determine the forex broker, consider the following article to give an overview and what factors are a important in choosing a good forex broker. For a list of international forex brokers you can be found here Forex Risks
The fact mention that 90% of forex traders ended with loss of their money. This shows that to succeed in forex trading is not easy. Forex have a very high risk. So you should really understand in the use of your funds which will probably be you use in real trading. Make sure that you have a very good knowledge before you decide to doing real trading. Attitude to risk funds/money without knowing is gambling and will only end in vain.
FOREX eBOOKS
Limit Orders, Depth, and Volatility (121 kb) by by Hee-Joon Ahna, Kee-Hong Baeb and Kalok Chan.
Market Profile Basics (475 kb) by Jayanthi Gopalakrishnan.
Quote Setting and Price Formation in an Order Driven Market (685 kb) by Puneet Handa, Robert Schwartz and Ashish Tiwari.
Phantom of the Pits (372 kb) General view of forex trading by Arthur L. Simpson.
An Introduction to Market Profile and a User's Guide to Capital Flow Software (118 kb) Introduction of forex market, by by J. Peter Steidlmayer and Ted Hearne.
Market Profile Basics (475 kb) by Jayanthi Gopalakrishnan.
Quote Setting and Price Formation in an Order Driven Market (685 kb) by Puneet Handa, Robert Schwartz and Ashish Tiwari.
Phantom of the Pits (372 kb) General view of forex trading by Arthur L. Simpson.
An Introduction to Market Profile and a User's Guide to Capital Flow Software (118 kb) Introduction of forex market, by by J. Peter Steidlmayer and Ted Hearne.
FOREX CALENDAR
| Sat, Sep 4 GMT+7(JKT) | Impact : H High, L Low, M Med |
| Hour | Cur | News/Indicator | Forecast | Actual | |
| 18:15 | EUR | ECB President Trichet Spe.. | M |
Y! - EURO/USD (24h) |
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FREE FOREX SIGNAL BY PELERO.COM
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Sell USD/CAD @ 1.03955
- TP:1.02455 - SL:1.04605
04/Sep/2010 01:00 GMT+7
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Buy NZD/USD @ 0.71984
- TP:0.72634 - SL:0.71284
03/Sep/2010 22:00 GMT+7
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Buy GBP/JPY @ 130.156
- TP:131.056 - SL:129.056
03/Sep/2010 21:15 GMT+7
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Buy USD/JPY @ 84.761
- TP:88.761 - SL:83.861
03/Sep/2010 21:00 GMT+7
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03/Sep/2010 20:32 GMT+7
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Buy AUD/USD @ 0.91515
- TP:0.92215 - SL:0.90665
03/Sep/2010 19:55 GMT+7
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03/Sep/2010 19:34 GMT+7
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TREND INDICATOR (Major Pair)
MA : UP
CCI : UP
MACD : UP
STOCH : UP
ADX : UP
WILLIAM : UP
PSAR : UP
BOLINGER : UP
RSI : UP
MA : UP
CCI : UP
MACD : UP
STOCH : DOWN
ADX : UP
WILLIAM : UP
PSAR : UP
BOLINGER : UP
RSI : UP
MA : UP
CCI : DOWN
MACD : UP
STOCH : DOWN
ADX : DOWN
WILLIAM : DOWN
PSAR : DOWN
BOLINGER : DOWN
RSI : DOWN
MA : UP
CCI : UP
MACD : UP
STOCH : DOWN
ADX : UP
WILLIAM : UP
PSAR : UP
BOLINGER : UP
RSI : UP
On: Sep 03, Fri 20:32 Powered By: wssfx.com
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