Risk Involved in Non-Directional Trading
The business of non directional trading has allowed many people to earn money despite the very incomprehensible economic conditions around the world. The use of non directional trading is a very convenient and practical way for investors, marketers and traders to exploit the loop holes of the different economic conditions of countries through their currency.
Currency Trading Tips – Choosing the Perfect PairShould it be Pounds for Bucks? Or Loonies for Aussies? What about Kiwis for Swissies this time? We’re not talking chocolate bars. But we’ve just dished out some of the most common currencies in the Forex trading arena, and how they are fondly called by traders.
Understanding Forex to Make a Fortune in Trading Foreign CurrencyWhen you invest in the foreign exchange market, you will be trading in a very volatile environment where the price of the different traded currencies change from one minute to the next. With these kinds of abrupt movements, you will be constrained to go with the flow, and use every bit of precious information you can glean from these movements to make your trading decisions.
Forex Trading Techniques – Are You Finding Yours?A comprehensive review of Forex Trading Techniques. Including how it can challenge a novice Forex Trader.
Forex Auto Trading – Does it Work?Ever since the first “Forex Robots” were introduced in 2006-7, people have been asking, does Forex Auto Trading software really work? Having had some experience testing “expert advisors” as these programs are technically known within the Metatrader software in which they operate, the author of this article would answer with a qualified yes, some DO work, but then again some EA’s do not work.
Dollar at One Month High Against EuroThe dolldollar-vs-euroar gained against a basket of currencies on Tuesday, hitting a one-month high against the Euro, buoyed by a sharp drop in the U.S. trade deficit in November. Investors braced for further rate cuts by the European Central Bank.
Forex Trading and the EconomyStock and commodity markets began to bottom out, foreclosures became common, and jobs disappeared at an alarming rate. In a CNN poll taken in October 2008 60% of those polled said they believed that a depression on par with the Great Depression of the 1930s was likely.
Emerging Currencies and ForexAccording to Bloomberg the dollar, yen, and Swiss franc may weaken against some of 2008’s biggest losers in Forex markets. Get out your Forex converters because some of the projected winners in 2009 are relative unknowns. Projected winners include the Brazilian real, Indonesian Rupiah and Polish zloty.
Market Volatility a Recurring ThemeMarket volatility has been a recurring theme in Forex currency exchanges since the global economic crisis began last fall. Although there have been short periods of risk appetite, risk aversion has been dominant benefiting the US dollar and the Japanese yen. Forex brokers have been glued to their Forex converters as market volatility requires rapt attention by Forex brokers.
How a Strong Dollar Can Hurt TradeOn its face a strong dollar can seem like a good thing but for companies doing business in foreign markets a strong dollar can diminish profits significantly. The dollar soared on currency markets defying conventional logic. In today’s global economy the need for a Forex currency converter has never been greater. Currency markets have been especially volatile and consulting an FX currency converter has become second nature for many executives.
Forex Converters and ‘Pips’One of the first Forex terms learned by those new to Forex is ‘pips’. A pip equals 0.0001 of a dollar and is the smallest increment on Forex markets. Many unfamiliar with Forex wonder how money can be made from such a small currency increment like a pip.