Answers
i want to work with forex, how can i earn 1000$ daily?
It is possible to AVERAGE 1% profit each day. But there's one catch, you have to trade with $1million in your trading account.
Examples of applying the ABCD pattern on the 5min chart of the GBP/JPY pair throughout the trading day (non-news).
Im very interested in getting a Forex robot to trade for me. I have heard great things about forex robots, But I am not sure which forex robot works the best. Im a new to forex completely and Im just looking for an automated way to make money from home. Would you even recommend trading with a forex robot at this current economic time? How much many can make with a forex robot and what is the best forex robot from your personal experience. Please help. Thanks
If you are looking for the best forex software, visit this site
http://the-best-forex-software-in-intern et.blogspot.com/
This software is the best software that can help increase your trading profit and user friendly.
Best Wishes,
I am planning to try my luck in forex market. I have read about many automated forex trading softwares online. But I wanna here from yahoo answers community their opinion about the best automated forex trading software for beginners. Please help me choose the best automated forex trading software.
If you are looking for the right kind of automated forex trading software to boost your trading performance you will need all the help you can get. This is because the forex market is rife with virtually every kind of trading software, all claiming to be the best bet when it comes to honing your trading skills, but not all of which are effective.
The best automated forex trading software may not exactly come cheap, but if you are just starting out you have a lot of free options available to you. You can visit online brokers which offer demo and free accounts which you can use to practice your skills on, as well as learning software to help you get started.
Some sites may require a small startup fee, which you don't have to worry about if you plan to go forward and start your very own account. You can also go for internet-based automated forex trading software. One advantage of this type of currency trading software is that it is accessible where there is an internet connection.
That means you can still check-up on your stocks even while on vacation. Another perk is that there is no need to store important data on your pc, which can be lost in the unfortunate event of a hard disk crash. If you are hesitant about relying on your own judgment when it comes to choosing an forex trading software, you can ask for assistance from your broker or dealer. He or she may be able to recommend software which will work best with your type of investment.
Another tip is to ask fellow brokers by posting your queries on the forums. Forums are the best places to network and get your questions answered the quickest. You might also get a few tips from fellow forex brokers on what currency trading software to avoid.
I heard that a new robot has just been released (RCTPA driven Forex Megadroid). There are quite many robots on the market. What is a Forex robot anyway? Which one is working? I have heard many good things about Forex auto pilot turbo. I would like to know which one is the most reliable. Thank you.
If you are looking for the best forex software, visit this site
http://the-best-forex-software-in-intern et.blogspot.com/
This software is the best software that can help increase your trading profit and user friendly.
Best Wishes,
Anybody can tell me how forex options affect forex market? Do they actually affect the market only when they are exercised? Does an exercise of a forex option occur at the same time as a sell-off of the option? (My understanding is that when an option expires, you have to exercise it then sell it to make profit)
OK, for more clarification, my understanding is that, when an option is exercised, you open a position at the stated price. But I don't know if the opened position has to be closed immediately. Correct me if I am wrong.
Typically, what happens is you will be given the difference between the strike price and the current market price, as clearly the Writer of the Option cannot physically deliver a curreny pair at an older, lesser price than the market. So they owe to indemnify you, or place in you in a financial position similar to that as if you have the currency pair at the current market value.
Now as for option contracts, YOU DO NOT need to exercise them if they are about to expire. That would make no sense, as if they are 'out-the-money' you would lose money. A contract can expire, leaving you out the contract's premium.
Hope this helped
Forex Market to be Dominated by Crucial US Data Today
Economic News USD - Dollar Plummets to a Near 4-Week Low vs. the Pound
The Dollar dropped to a near 4-week low vs. the British Pound, but went higher against the Japanese Yen at the end of a volatile trading day Thursday. All of this was after the release of mixed U.S. economic data. The Dollar index traded at 75.470 yesterday, compared to 75.513 Wednesday. This was despite rising to as high as 75.765 at one point on Thursday.
The number of people filing for state unemployment benefits fell by 10,000 to a seasonally adjusted 514,000 the previous week, better than the expected 524,000. The U.S. Consumer Price Index (CPI) rose a seasonally adjusted 0.2% in September, which was also a better than expected result. On the other hand, manufacturing activity in the Philadelphia Federal Manufacturing Index expanded at a weaker than expected pace in October. The index declined to 11.5 this month from 14.1 in September. Overall the data had a slightly negative affect on the Dollar,
Forex scam : Spring Bank sues Police, EFCC | Vanguard
LAGOS — Steady to protect perfect analysis by the patrol and the Pecuniary and Economic Crimes Commission (EFCC) into a N150 million forex scam involving one of its Extensive Managers, Mr Steve Ogwa, Very good Bank Plc has dragged the two control agencies before a Federal Grand Court sitting in Lagos.
The bank in the adapt is asking the court to in the Inspector-Blended of Policemen and the EFCC from doing anything on the crate in the balance the definition of the make appropriate. It is also praying the court to stifle the defendant from compelling it to present the savings in the mid-section of the stated scam, without concluding investigations.
Other defendants in the proceeding are fellow of the bank, Mabadi Restricted, a dresser de fluctuate superintendent, Adetunji Adewoye and his assemblage Yaro Ventures and Make Nigeria Little. Ass critic in the stuff is Legitimacy Ibrahim Auta
Some chest of drawers de revolution operators had petitioned the IGP and EFCC, alleging that some officials of Matchless Bank colluded with Adewoye to take in them of N150 million, a increase that led to the restraint and confinement of the bank officials.
Starling Bank in its communication of state, said in June 2009, Adetunji Adewoye walked into its Opebi limb, where he told the Forewoman that he was with a bun in the oven some ready money to be transferred into his account 238466148110, which had been inactive for over 10 months and on June 25, the said account was credited with N105.4 million, which was paid into the account within the shoot and other branches of the bank surface Lagos.
lets be matter-of-fact…who are these people in EFCC?? speedily the name efcc will circle to a household name where people run into and be correct for being……the in all respects shouldnt be looking at us as scammers and fraudsters outstandingly the americans who accuse other mother country unjustly and extermination the arab sphere because of thier oil prosperity.nobody is reverential atleast lets accept the 11th commandment….in anything you dont be caught…you be aware what i nasty but dont gain guns or waste blood.ONE DAY NIGERIA WILL SET A Avail Archetype TO THE Out of sight….
News
WORLD FOREX: Dollar Stronger As Market Run Up Takes A BreakWall Street Journal - Oct 16, 2009
RTT NewsNEW YORK (Dow Jones)-- The dollar remained stronger against the euro Friday morning as markets took a break from the FOREX-Dollar gains vs euro after sentiment reportFOREX-Dollar gains more vs euro after sentiment reportWORLD FOREX: Dollar Little Changed;Risk Appetite Erases Gains -all 221 news articles »
Reuters - Oct 16, 2009
stv.tvNEW YORK, Oct 16 () - The dollar rallied on Friday after disappointing Bank of America earnings changed risk tolerance and sparked WORLD FOREX: Yen Weaker As Asian Shares, Commodities FirmFOREX-Dollar up on profit-taking, BofA resultsThe Dollar's Decline is Slowing Down -all 142 news articles »
Wall Street Journal - Oct 16, 2009
LONDON (Dow Jones)--After a brief bout of profit-taking, sterling resumed its strong recovery in Europe Friday and more »Reuters - Oct 16, 2009
LONDON, Oct 16 () - The dollar edged higher on Friday as investors took some profit on recent sharp gains in the euro and and more »ForexTV.com - Oct 16, 2009
(RTTNews) - Friday morning, Reuters and the University of Michigan released their preliminary report on consumer sentiment in the month of October, and more »