Forex-USD

Advantages of Forex

2011-12-03T04:03:00.001-06:00

What's are the advantages of forex ?
Low commission, brokerage commissions are very low or non-existent. The brokers are get the fees by currency pair's spread.
Trade Directly, to the market and real time quote.
24 Hour Market, by the currency with around the come with pairing it's make the forex market never sleeps.
No one can control the market as stock exchange, the foreign exchange market is vary huge and has the many factor to make the price of pair.
Everywhere you can trade, you can trade forex from anywhere and anytime via your labtop with internet connection.
High Leverage And Margin, you can make money by starting on little money which has a power of purchase.

Calendar Events ON Sun Dec 4, 2011

2011-12-03T03:37:00.000-06:00

Forex Calendar Events ON Sun Dec 4, 2011
Time (GMT-5:00)	Currency	Impact	Topic	Forecast	Previous
5:30pm	AUD	medium	AIG Services Index		48.8
6:30pm	AUD	low	MI Inflation Gauge m/m		0.1%
7:30pm	AUD	high	ANZ Job Advertisements m/m		-0.7%
7:30pm	AUD	medium	Company Operating Profits q/q	3.2%	6.7%

Highlight on AUD/USD at 7:30pm

ANZ Job Advertisements m/m

Change in the number of jobs advertised in the major daily newspapers and websites covering the capital cities.

FORECAST EUR/USD BUY@1.3440 TP@1.3520 SL@1.3430

2011-12-01T01:25:00.005-06:00

From yesterday, the price is fast grow-up and make position at new higher-high, it's time to make double-top or breaking away to 1.36 the strong resistant.

What is Forex

2011-11-30T10:19:00.004-06:00

Forex (foreign exchange) is the largest financial market in the world.

The foreign exchange market assists international trade and investment, by enabling currency conversion. For example, it permits a business in the United States to import goods from the United Kingdom and pay pound sterling, even though its income is in United States dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation on the change in interest rates in two currencies (Credit: http://en.wikipedia.org)

The foreign exchange market is unique because of
- its huge trading volume representing the largest asset class in the world leading to high liquidity;
- its geographical dispersion;
- its continuous operation: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday;
- the variety of factors that affect exchange rates;
- the low margins of relative profit compared with other markets of fixed income; and
- the use of leverage to enhance profit and loss margins and with respect to account size.

Market participants is Banks, Commercial companies, Central banks, Foreign exchange fixing, Hedge funds as speculators, Investment management firms, Retail foreign exchange traders, Non-bank foreign exchange companies, Money transfer/remittance companies and bureaux de change.