Trading forex (foreign exchange) is highly risky. Due to the leverage available, with very little money down you can have big gains, but also big losses.
Does not like stocks, currency can be traded 24 hours a day, from Sunday afternoon Eastern Standard Time (or EST) to Friday afternoon EST. The market activity can last 5 and half days a week, there is always at least one financial centre open for business during this period. Indeed, as some markets close for the night, others open somewhere else on the planet. Since forex trading hours overlap, currencies are being traded continuously. In other words, forex practically never stops.
The NFA or National Futures Association just announced it will increase its 2016 budget to $85 million. They site that there will be increased oversight of Swap Dealers and Major Swap Participants. They also note that there will be more onsite inspection of members.
Market Overview / Insight/ Analysis January 20, 2011 from Sheriff Rostom, an expert in market analysis and a proficient Forex player is ProFX Club Forex's Chief Technical Analysis and Fund Manager.
Market Overview / Insight/ Analysis January 20, 2011
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Fundamental analysis
Economic factors such as gross domestic product (GDP), current interest rates, economic strength helps in the fundamental analysis. Fundamental analysis is based on the demand and supply of the currency to be traded.
People who have entered the market with a positive attitude have always encountered best or better days certainly not bad or worst. There are certain things that a trader must follow to have an exciting and a profitable trading experience.
As on Jan 27, 2011, 0000 GMT, Sherif Rostom, an expert in market analysis and a proficient Forex player is ProFX Club Forex's Chief Technical Analysis and Fund Manager. For real-time signals kindly contact us at info@profxclub.com.
As on Feb 4, 2011, Sherif Rostom, an expert in market analysis and a proficient Forex player is ProFX Club Forex's Chief Technical Analysis and Fund Manager. Sherif Rostom, an expert in market analysis and a proficient Forex player is ProFX Club Forex's Chief Technical Analysis and Fund Manager.
As on Feb 2, 2011, Sherif Rostom, an expert in market analysis and a proficient Forex player is ProFX Club Forex's Chief Technical Analysis and Fund Manager. Sherif Rostom, an expert in market analysis and a proficient Forex player is ProFX Club Forex's Chief Technical Analysis and Fund Manager.
As on Feb 1, 2011, Sherif Rostom, an expert in market analysis and a proficient Forex player is ProFX Club Forex's Chief Technical Analysis and Fund Manager.
When bottled emotions inundate, when your repeated losses haunt you and when money is gradually eroding right in front of your eyes, it is highly obvious to over ride the trading signals. This is exactly how a human mind is trained. It is human tendency to cause the brain go blank thereby forgetting your trading signals. This is not a good sign of a disciplined trader.
A trader is someone who flits in and out of stocks and arrives at a conclusion from the very short and timely information provided to him. He has no other choice than making swift decisions; otherwise he will have to lose his investment for the day. Perhaps not all traders understand the fact that one will be carried by impulse during the process the brain makes swift decision. The system that is drawn from previous experience or previous day's experience, the nuance that was registered in mind just the previous day will evaporate during your swift decision making sessions.