New Forex Trading Strategy

Wednesday, October 21, 2009

Forex Investing - Will It Work For Me?

By John Eather

The Forex market is an extremely large market. In fact, it is one of the biggest money markets to be found in the world as it brings in trillions of dollar trades each day. You will be able to make lots of money with forex trading, but you will need to know what you are doing. As long as you know what you are doing, there are a number of different benefits that you will be able to take advantage of. When you become a forex trader that is successful, you will find financial rewards and a great lifestyle. As we continue this article, we would like to tell you some tips on forex investing.

What currency is being traded on the forex market today? There are many different currencies that are being traded, but some of the most popular are: Swiss franc, pound, Canadian dollar, Yen, Aussi and he Euro. When it comes to each one of the currency pairs, the first one is referred to as being the base currency, while the second one of the quote currency or the counter currency.

Each one of the currency pairs will be quoted with both an asking price and a bid. Take note that the bid will always be lower than the asking price. The bid price is the price your broker is willing to buy it at, which means the trader should see it at this price.

Why are we telling you this? Are we trying to persuade you away from it? No, we're not trying to persuade you away from it, but it's all about risks. So many people turn to forex investing, they put every last dime into it; even money they should use to pay for rent. In the end, some of them end up losing all of the money and they are left with no money for rent. You should be prepared to lose the money you put into forex.

Many will tell you to start small when you are putting money on the trading game, but really, you should start big. That's right, if you want to earn big money, then you have to put big money into the game. However, you should only take this approach if you can afford it. A key reminder: don't go putting money on forex investing that you cannot afford to lose. - 23305

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Rectangles -Short Trading Strategy

By Jeff Cartridge

The rectangle is sometimes referred to as a channel or a consolidation. It is a very well known and easily recognized chart pattern that has been used by many successful traders over the years, including Nicolas Darvas who made over $2 million in the stock market using a variation of the rectangle he called a Darvas box. A rectangle is formed when the price action is contained within two lines. Both the top line and bottom line are close to horizontal and the two lines are parallel.

Rectangles Can Be Profitable Short

Rectangles are definitely not one of the most predictable patterns that are available to trade short. With just 46% of the patterns breaking down rectangles also don't deliver good returns when they do. The average gain is negative, -0.03% in 10 days with less than half of the breakouts (42%) being profitable. These results aren't great, but selecting the right conditions can make trading rectangles better.

Specific Setups to Improve Profitability

Short breakouts from rectangles work better in very specific market conditions. The market should be in an up trend or consolidating. The sector should not be in a consolidation, but the stock should be consolidating for the best results when trading rectangles short.

The best results are achieved when the pattern does not have an outside day candle prior to the breakout. Also patterns with equal closes or higher highs before the breakout perform poorly.

If volume supports a rectangle breakout then the profitability of the trades improves. For volume to support the breakout, volume when the stock is going down should be greater than volume when the stock is going up.

Rectangles Profitable on the Short Side as Well

When trading rectangles short these filters are very important to get good results, making this an extremely difficult pattern to trade short. With these filters in place, an average return per trade of 1.07% in 13 days and a hit rate of 63%. There are better patterns to trade short.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23305

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Forex Tutorials Guarantee You'll Be Part of The 5% Group Of Winning Traders

By Bart Icles

A Forex tutorial is an integral part for anyone involved in Forex trading that should never be overlooked, most especially by those who are new to it. Forex trading and Forex market itself is a very broad and complex area to get involved in and those unfamiliar to it would sooner be confused and bewildered and not know what exactly to do once they step into the arena and eventually lose all their money in the process. Gaining all the necessary knowledge about Forex trading such as learning basic trading skills and techniques and to learn how to chart the market in the proper manner can only by learned from a Forex tutorial. The initial stage in trading is the most crucial part of a trader's career and how he prepares himself will determine how he will fare in the market in general.

In the past, finding a Forex tutorial was somewhat a very difficult task to do that was next to impossible as the Forex market was mainly limited to large banks and major financial firms. Today, with the availability of online trading, looking and finding the much needed Forex tutorial program has never been easier and faster to do.

The task of looking for a Forex tutorial can now be achieved with just a click of a mouse button. With about almost everyone now very savvy in navigating the Internet, finding the appropriate entities who offer their services - individuals, schools and organizations, solely dedicated to imparting all the basic and advanced information about Forex trading and the Forex market has never been achievable than now.

Since majority of these tutorial programs have been streamlined to take advantage and make use of the computer and the Internet, as well as to address the needs of the working and busy individual, the most affordable and excellent one's can be found online rather than at on-site addresses. Besides its being readily available at anytime, it's also very convenient to use in almost any place the user so chooses.

A lot of Forex tutorials to a certain degree will not guarantee anyone a sure fire way of achieving profitability in all their trading transactions, as it's main purpose is just to impart upon the student and properly equip him with all the necessary things he needs to know regarding Forex and to trading it. This is the risk for those who travel the road of Forex trading have to do and undergo - whether they are destined to succeed or fail in it. To turn a nice profit in any business requires not only knowledge learned from books and lessons, but also requires from anyone a hidden talent or skill in his person at the very least. - 23305

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USA Investor Visas

By Sam McDougall Turner

Becoming a US citizen is the dream of many millions of people all over the world and even though there are a huge number of people who are granted citizenship every year, the waiting list is still so vast that it will take over ten years to clear and the applications keep on coming.

One of the main reasons that the USA is so desirable to people from less economically developed countries because of the reputation it has; the land of freedom and opportunity. People from all over the world have dreams of moving to America and starting up a business.

But what many dont know is that there is a separate clause in the law which grants an investor visa for USA to a person who is looking to invest within that country " and that process is significantly faster than the normal approval process which could take any amount of time!

There are two main ways of obtaining an investor visa for the US.

E1 and E2 US visas are granted to people from countries that have a treaty with the USA to trade and provide services. Most of the countries in Europe are a part of the treaty, as are most South American countries " excepting Brazil, Cuba, Guatemala and Ecuador. Several countries from Asia, Central America, the Middle East, and Africa are also a part of this treaty.

The E5 visa is referred to as the investor visa for America and as you can most likely guess from the name, it is for those who wish to invest money in the USA. The threshold amount to qualify for this visa is different in some states to others; however it is usually around $500,000. Some states require that you stay around and look after the day to day operations of the business you invested in, but not all of them. - 23305

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Do You Want To Know How To Find Cheap Mobile Phone Deals?

By Chuck Stone

We all tend to believe that when we find "cheap mobile phone deals" we will not be able to have those features that we really want. While learning how to give up certain things to save money may be necessary for some things; the truth is that when it comes to cellular technology that is not always the case. We wanted to write this article in hopes of being able to discuss how you can begin finding the cheap mobile phone deals that you are going to love.

Are you one of the thousands of people everywhere who love getting a great deal? Are you the type of person who seems to always purchase the next thing even though you may not know what you are getting. Well if you are looking for a great deal and do not to wast your money on dealership prices then you have come to the right place. We all know that most people in today's society are trying to save money on almost anything that they can; especially as the cost of everything such as gas continues to rise. Well the great thing is that you can learn how to get cheap mobile phone deals without sacrificing features.

First of all most people love the fact that caller ID was invented. After all no one wants to pick up a phone call if they do not know who is on the other end. Well even with some of the most affordable plans you can still add caller ID and not notice a huge increase in the amount of money that it will cost you.

We all know that cell phones have become more popular and extremely affordable that almost everyone has one. However you may not realize that you can get some of the best cell phone deals online. Even if you have never done any type of shopping online; you may want to consider getting your next phone online. You will get some of the best deals without having to pay those high prices.

If you have ever walked into a store to look at a phone then you know that you always have to deal with a salesperson who is trying to make a commission. You may not know it but you are going to be paying his/her commission when you get your phone at that store. One of the best ways to save money is to walk into the store and then write down all the necessary information about the phone that you want. When you get home begin browsing online and find that same phone from the online vendors; you will discover that it will not be difficult to find. You will also realize that you will be saving quite a bit of money because you will no longer be paying the middle man his commission.

If you found this article on "cheap mobile phone deals - provide you options" then visit our site below. You will find some of the hottest deals around. You can also access some of the latest technology that will help you keep in touch with your loved ones; the best part is that you will have paid less for it than most people. - 23305

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