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Thursday, 11 December 2008

Dollar Near 2-Month Low vs. Euro

The U.S. dollar dropped to the weakest level during the last 6 weeks against the European currency as the world’s stock markets rallied despite the delay in the U.S. automakers bail-out.

As it has become known yesterday, the $14 billion bail-out plan to rescue the General Motors Corp., and Chrysler LLC is likely to not get voted for by the Republican party in the U. S. Senate. The dollar declined today not only against the euro, but also against the Britain’s pound and the Japanese yen and the world’s stock markets went up moderately.

Some market participants remain too concentrated on the automakers bail-out plan, which isn’t a big deal according to some analysts. The overall state of the global economy and the liquidity should be taken into account when analyzing the currencies. And the risks are becoming less of a concern today as the stock markets turn to the Christmas and New Year rallies. (www.topforexnews.com)

Thursday, 27 November 2008

Ebook - Forex for Beginners

Forex for Beginners
Download251 KBThe Original Turtle Trading Rules — by OrignalTurtles.org
Download159 KBThe NYSE Tick Index And Candlesticks — by Tim Ord
Download134 KBCandlesticks For Support And Resistance — The basics of trading with candlesticks charts by John H. Forman
Download130 KBOnline Trading Courses — Course #1 lesson #1 by Jake Bernstein
Download559 KBTrend Determination — A quick, accurate and effective methodology by John Hayden
Download1.01 MBStudy Book for Successful Foreign Exchange Dealing — by Royal Forex
Download180 KBPeaks and Troughs — by Martin J. Pring
Download244 KBHidden Divergence — by Barbara Star, Ph.D.
Download251 KBThe Original Turtle Trading Rules — by OrignalTurtles.org
Download2.94 MBForex. On-Line Manual for Successful Trading — an introduction into every aspect of the Forex trading including detailed descriptions of the technical and fundamental analysis techniques, by unknown author.
Download162 KBCommodity Futures Trading for Beginners — by Bruce Babcock
Download831 KBIntroduction to Forex — by 1st Forex Trading Academy
Download301 KBStrategy:10 — Low-risk, high-return forex trading by W. R. Booker & Co
Download281 KBThe Six Forces of Forex — by Scott Owens. A small e-book covering the basic and the main problems of Forex trading.
Download807 KBReverse Divergences And Momentum — by Martin J. Pring

If you are the copyright owner of any of these e-books and don't want me to share them, please Contact Me

Source : http://www.earnforex.com

5 Minutes Forex Trading Strategy

This 5 Minutes Intraday Forex Strategy has a great success on the EUR/USD and GBP/USD. Three deals max. per day. Open position when the angle of the 50 Simple moving average are greater than 20 Degrees and the price retrace back into the zone of the 21 Exponential Moving Average and the 10 Exponential Moving Average.

Download Ebook



Wednesday, 26 November 2008

Short-Term Stock Trading Strategies

Short term stock trading, also known as day trading, is the practice of buying and selling financial instruments within the same trading day on the stock market. Typically all positions are closed before the market close on each trading day. Short term stock trading allows the investors to buy stock and sell shock throughout the day. The goal is to make a quick profit within seconds that day traders own stock, through the rising or falling of the value of stock. Day trading can be risky business and is only intended for the educated investor. There are two techniques that day traders use to make a profit including leveraging and selling short. 

Leveraging, when short term stock trading, is the process of borrowing money to make money without changing or increasing the performance of the trade. Leveraging is very risky investing strategy because if the investment goes against the investor, the loss is much greater. The profit is much greater as well! Leveraging increase both gains and losses so the investor must be prepared to pay back not only what he lost, but also what he borrowed if trade does not go as planned. Leveraging allows for more people to trade stock and requires the investor to open a margin account. Margin is leverage and a margin account is offered by brokerage firms allowing investors to borrow money and to use securities as collateral. Once the margin account is opened, when short term stock trading, the trader can borrow up to 50% of the purchase price of a stock. Margin is a great thing when investments are going up in value, but it can be devastating for new investors who are less experienced.

Short term stock trading, requires the use of stop loss strategies when trading on margin. Stop loss orders provide a measure of protection to the investor. Basically a stop loss order is an order to sell a security at the market price once it hits a predetermined level. Investors are urged to implement simple stop loss strategies to prevent from losing big on a trade. Some may not necessarily implement stop loss in their trading system, but they may choose to set a mental stop loss for themselves. This is okay to do; however, a lot of investors have a problem with actually carrying out the stop loss if it not set up in their system. Investors who do not want to implement a stop loss into their trading system must be disciplined enough to actually follow through with the stop loss they have mentally prepared for.

Another method used in short term stock trading is selling short. Day traders that sell short actually borrow a security and then sell it in attempts to pay back the loan. They pay back the loan by buying cheaper shares later on. Day trading is a very exciting way to make money investing in stock however it is also very risky business. For those interested in this type of investing, it is very important that you know exactly what you are doing before you begin to day trade. 

Good investing,

Source : http://www.candlestickforum.com