First I want to state that I have been to so many Forex boards and forums over the past weekend and the buzz about the CFTC proposal is amazing. Yet, there is just an incredible amount of misinformation out there. The general tone is one of wondering if the CFTC is trying [...]
Archive for January, 2010
Initial Steps-Assessing your trading style
January 18th, 2010
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This section takes a look at how new traders can best approach the markets without being overwhelmed. Being overwhelmed can be a destructive force and should be dealt with in such a way as allow a new trader to fit himself or herself into the market in a step-by-step and simplistically [...]
What is the Forex and How to Succeed at Trading it
January 11th, 2010
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With approximately 3.2 trillion dollars of capital exchange per day, the Forex Market is the largest daily redistribution pool of capital in the world.
The Forex market contains two distinct groups of traders. To begin with, the difference between these two groups should be carefully understood.
GROUP ONE:
Group One has a [...]
Cross Currents and Contingencies in the Forex
January 10th, 2010
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The Forex market is a market in which for the most part, traders speculate on changes in future interest rates changes from one country to another. Market data accumulates day by day and week by week that will tell us that the chances of inflation in country ‘A’ are greater than [...]
UFOs and Other Forex Phenomena
January 10th, 2010
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This is a simple lesson that all of us need to drive deep into our consciousness:
Beware of Unidentified Flying Objects in the Forex Market….a.k.a Spikes…
What causes spikes?
These are two of the common reasons; Central Bank and Exporter Currency Repatriation as well as International Corporate Mergers and Acquisitions. When these [...]
