Posts Tagged ‘ Asia ’

Looking for Forex options site.

Free Advertise ,Forex investment ,Free Forex Practice account too .

Earn Money in forex trading ,
Best of all Forex investment only 1 pip ( lower spreads )

Account Sizes:
Mini Accounts / or Deposit : $250 – $5,000
Contract Sizes:
Mini Accounts: 1k (micro), 10k (mini), 100k (standard)
Free Practice Account too.
Swap Schedule:
Mini Accounts are swap-free.
Leverage/Margin:
Up to 500:1 on Mini Accounts
Interest on Unused Margin:
2% annually.
Trailing stops are designed to lock in profit levels.

you may also have a look at this site.

Anyone know some Asia Pacfic sites for trading options on forex?

The best Forex trading Training course Online?

I do not want to self praise.
however, if you want to learn price action which is king in forex.
you can check out the free daily price action Forex Trading strategies here
http://www.asiaforexmentor.com

14 years of Full time forex trading experience,
Asia forex Mentor
Ezekiel Chew
http://www.asiaforexmentor.com

http://www.forexearlywarning.com/Educati…

Here is a series of 6 short articles to get you started. if you like what you read the second link has my 5 award winning illustrated articles on how to trade the spot forex..

http://knol.google.com/k/mark-mc-donnell…

Also here is an image library of how to enter forex trades, click on any image to expand to view easier. Its a solid forex entry management system called The Forex Heatmap ™.

http://www.flickr.com/photos/28210474%40…

Hope the articles help

Good Trading
Mark Mc Donnell
http://www.forexearlywarning.com
Yahoo answers Level 3 Responder

In my humble opinion, my friend's training course is the best. Plus, it's completely free. You can't get better than free. Try it out with a test account and see for yourself how good it is. Grab a copy at the URL in my Source.

Dear friend
if this forex course is the best or not i cannot tell you. I only tell you that i did it and now i am having regular profit in this market.

Who is giving this forex course is one of the best Forex Trader:

What is The Best Forex Trading Training course Online?

I have been looking at the Forex and wanted to know where do I begin

Forex trading begins with education and practice. The road to profitability is a continuous learning experience. Take a look at www.forexlane.com they have an excellent tutorial from the basics to the more complex forex strategies. The news, charts and outlook will keep you up to date with all the latest in the forex market.

start by reading ebooks and doing virtual trading using practice accounts. you may check on this site. they have lots of learning materials and tools for beginners. you may download a free ebook and a free demo account for your self education. if you want personal mentoring, simply open an account (a "mini" will do) and they will provide you a personal Account Service manager who will walk you through the basics live via phone, email, chat or personal meeting if you happen to live near any of their regional offices in Europe, USA, Australia, Middle East and Asia. all the best.

There are plenty of forex courses out there. some good some bad.

Here a couple of websites to start with, these will give you an idea of the basics to help you decide what you next steps should be.

http://www.currency-exchange-reviews.com…
http://www.baby-pips.com

Very good and recommended training courses

http://www.tradingacademy.com/index.htm
http://www.forexmentor.com

Independant Review of forex training courses

http://www.currency-exchange-reviews.com…

goto this site

Forex Trading system
http://forex—-trading.info

The good thing about forex trading is that you can learn it risk free. Yes, risk free! all you need to do is open a demo account with any forex broker. you can do that in five minutes on the internet and start with forex trading. On the demo account, you will be provided with real time data that you can use to make buy/sell decisions but you will be using fake or virtual money. since you are not using your real money, you are not going to lose even a single cent.

There are many ebooks availble on the internet about forex trading strategies. you can find lot of free stuff online on forex so you can easily educate yourself. Demo account will give you the opportunity to practice all the strategies that you think can work.

Some sites that can help you:

Forex Videos: http://www.finexo.com/infoCenter/tutoria…

Forex Online questions: http://www.finexo.com/content/10204

Forex Trading Course help?

I have a demo account with them. but I am afraid to deposit real money until I find out about their legitimacy. Have anyone in Asia successfully withdrawn money from them? I am planning to start trade with $5000 which I earned through stock market Trading in my country. so I hope I will get some genuine answers here?

Thank you all in advance.

sam,

etoro is a legitimate forex site. as long as you went through legitimate channel you should be fine. if in doubt, however, you may check your options in this link. this will lead you to another legitimate, trusted and reliable forex trading platform considered as one of the leading forex sites today. one feature they are good at is personal service whereby by opening an account with them you will have a personal Account Service manager to consult with for any inquiry you may have with regards to your every trade. all the best.

I think eToro is a reliable forex Broker cos ive had much about them but you can confirm by visiting this site:
www.earnforex.com

Is eToro forex trading company is trustworthy?

Sumit Roy, On Wednesday January 5, 2011, 10:51 pm EST

“A disaster of biblical proportions.” That’s what State Treasurer Andrew Fraser called the record floods that have battered Queensland, a large state in northeast Australia. what began as a page-16 story has now made its way to the front page as economists scramble to update their forecasts for growth not only in Queensland, but for Australia as a whole.

“A disaster of biblical proportions.” That’s what State Treasurer Andrew Fraser called the record floods that have battered Queensland, a large state in northeast Australia. what began as a page-16 story has now made its way to the front page as economists scramble to update their forecasts for growth not only in Queensland, but for Australia as a whole.

Furthermore, because Queensland is a major exporter, the repercussions are global. Prices for many commodities have spiked higher on fears that supply will be reduced by this natural disaster. the greatest impact seems to be on coal markets. As the largest exporter of the commodity in the world, Australia is responsible for supplying coal to some of the major emerging market economies in Asia. Benchmark prices have spiked 17% since last week as markets realized the extent of the situation. Specifically, 75% of Queensland’s coal production has been halted in response to the floods.

Another commodity that has been affected is wheat. it is possible that much of the Queensland’s output has been destroyed due to the unusual weather conditions. but as the region only produces about 5% of Australia’s total output, the impact on this market is not as severe. other markets that have been affected include that for sugar and cotton.

If there is any silver lining to the devastation of these floods, it is the boost in commodity prices. Australia is still one of the largest commodity exporters in the world and thus these higher prices will help offset the negative economic impact from the reduction in output and exports.

Another cost of these floods is the damage done to infrastructure. Queensland’s premier has said that the damage to the state’s infrastructure has been “catastrophic.” Transportation systems in particular have been badly damaged, which incidentally, could lead to reduced coal exports for some time.

But what financial markets are most concerned about is the overall impact to the Australian economy from these floods. Estimates have Generally been for a reduction of 0.2% to 0.5% in 2011 GDP, or several billion dollars in total damage. This is relatively modest when you consider that the consensus estimate for growth in the Australian economy before the floods was in the neighborhood of 3.7%, well above estimates for other developed economies such as the U.S (2.6%), Euro-Zone (1.5%), UK (2%), or Canada (2.4%).

Nevertheless, the floods have given the Reserve Bank of Australia- which was already on pause- another reason to hold rates steady in the coming months. Market interest rate expectations have fallen with overnight index swaps suggesting that the central bank will only hike rates one time throughout the year. Expectations were closer to two hikes only a week ago. This has pressured the Australian Dollar, although we have seen most U.S-Dollar rivals rally over the last few days, making it difficult to separate the flood impact from the general U.S. Dollar bullishness. If we look at the Aussie versus a competing carry Currency such as the Kiwi, it actually hasn’t fallen at all, suggesting that the event has only had a modest impact on Forex markets.

AUD/NZD Daily Chart:

AUD/USD Daily Chart:

DailyFX providesforex newson the economic reports and political events that influence the currency market.

Learncurrency tradingwith a free practice account and charts from FXCM.

Queensland Floods Impact to the Australian Dollar is Seen as Modest

6:25, Friday 24 December 2010

* Euro (MCU – news) steadies after bouncing off lows vs Swiss franc,dollar

* Activity subdued as market in holiday mode

TOKYO, Dec 24 (Reuters) – The euro held its ground on Fridayafter rebounding from a record low against the Swiss franc and athree-week low against the dollar, but is expected to come underrenewed pressure after market players return from the Christmasbreak.

traders said Thursday’s rebound in the euro was overdueparticularly against the Swiss franc after heavy buying by hedgefunds had helped it hit a series of record lows this week to thepoint where technical signals indicate an oversold market.

But little action took place in Asia with volumes drying upheading into the Christmas holidays. U.S. markets are shut onFriday along with many European centres.

“In this type of market condition, it’s very hard to take aposition because you’ll just get whipped out and that’s why thereare hardly any orders. People are waiting for January whenliquidity returns to work out what they want to do,” a trader ata U.S. investment bank said.

“The euro is still a sell-on-rally trade. anything above$1.32 is worthwhile selling in my view and probably there won’tbe any buyers until the low $1.30s, where we could see some Asiancentral bank interest.”

The single currency stood at $1.3130 , off a three-weeklow of $1.3055 set on Thursday.

Versus the Swiss franc, it was at 1.2570 franc having bounced off an all-time low around 1.2440 set this week asthe pair’s oscillators, such as the RSI, showed the possibilityof a near-term oversold position.

UBS (DJCI – news) analysts said in a report to clients that the bank’s flowdata shows hedge funds have been adding close to record amountsof francs in the past eight weeks, with record buying bothagainst the euro and the dollar last week.

“The strong trend (in the Swiss franc) suggests that furthershort term franc strength may be likely. however, positioningpoints to increasing risks of holding aggressive longs,” theysaid.

Some traders also said there was scope for a significantshort squeeze in the euro against the dollar in the short term,given the downside momentum appeared to be waning.

The euro has managed to clutch to its 200-day moving average,now at $1.3091, for the past week, drawing some support fromcentral banks’ buying as well as from hopes that China may stepup its support for euro zone peripheral countries.

A breach of $1.3200 could trigger a move back towards theDec. 17 high around $1.3360.

Still, with no resolution in sight for the euro zone debtcrisis, analysts said it was only time before the market took theeuro lower.

Portugal was the latest euro zone member to have its ratingscut, with Fitch downgrading the country’s credit rating by onenotch to A-plus with a negative outlook. France, however, secureda thumbs up from S&P, which affirmed its AAA rating.

while the market is becoming accustomed to a rush of creditdowngrades, concerns that the euro zone may eventually need moredrastic measures, such as debt restructuring, are likely toshackle the euro, some market players also said.

The cost of insuring Greek debt in credit derivatives hit arecord high following an unsourced report from a Greek newspaperthat Athens was seeking a possible debt restructuring deal after2013.

“The market got a bit of relief after euro zone countriessecured financing deals. But is it sustainable to pay interestrates of more than 5 percent when the economy is contracting?That question may come to surface next year,” said KimihikoTomita, head of forex at State Street Global Markets.

The dollar was at 83.03 yen , having hit 1-½ weeklows around 82.83 on Thursday. it was near the bottom end of awider range roughly between 82.40 and 84.40 seen since lateNovember (Berlin: NBXB.BE – news) .

in contrast, the Australian dollar has been going fromstrength to strength this week, hitting six-week highs at $1.0067on Thursday. it was last at $1.0030 and expected to holdin a thin range around $1.0000 and $1.0060 on the day.

Traders said interest from real money accounts looking Forexposure to high yields and the upbeat commodities story washelping to shore up the Aussie.

Crude oil hit two-year highs above $91 a barrel, whilecopper held near the record high set earlier in the week,underpinned by more evidence the U.S. economy was strengthening. (Additional reporting by Ian Chua; Editing by Chris Gallagher)

FOREX-Euro dangles above lows, but not out of woods

Yes. However, if you master price action. which is king in forex and all other paper Trading vehicle.
You will see the chart in a different light.

14 years of full Time forex trading experience,
Asia forex Mentor
Ezekiel Chew
http://www.asiaforexmentor.com

YES U CAN…

For more details contact
srilogasen@gmail.com

Can I use the strategy at forex trading instruments other than currencies?