| |
managed forex performance Article
Below,
you'll find extensive information on leading managed forex performance articles
and products to help you on your way to success.
Secrets To Potentially Making Money In The Forex Markets
By Bill Poulos, Thu Dec 8th
How would you like to be able to potentially make money tradingcurrencies in the Forex markets? Better yet, how would you liketo be able to potentially do this within strict risk controlparameters? Even better yet, how would you like to potentiallydo it with a minimum of effort on your part? I'm talking aboutonly10 minutes a week. Well, I am here to tell you a few keyprinciples or secrets to potentially make it happen. Secret #1 The Forex markets are heavily advertised as being a great way tomake money, which is very misleading. The unwary would-be Forextrader is led to believe all she has to do is open a Forexaccount to gain access to one of the many excellent Forextrading platforms, begin trading and then become rich in notime. So what's the secret? The Forex market is a highly liquid,potentially profitable market to trade, sure enough, but only ifyou have a winning edge methodology that you can apply to thesemarkets. Without such a methodology, the hapless trader willquickly lose money trading the Forex as they would any market.
Secret #2 The Forex markets are heavily advertised as commission-free.True, but unlike the futures market, entering and exitingpositions in the Forex markets is done by buying at the high endof a rather wide bid/ask spread and selling at the low end. Sothe difference in the spread is your cost of doing business.This cost may be acceptable for swing and long term traders, butmay not be acceptable for day traders. So if your goal is tomake money, you may not wan to day trade the Forex markets. Secret #3 While swing trading could be potentially profitable trading theForex markets, there is potentially greater opportunity tradingthe long term trends. Currencies have always moved in longsweeping mega-trends that potentially offer low risk entrypoints and the potential opportunity to ride a long money makingtrend (sometimes for several months). The following wisdom fromlegendary stock trader Jesse Livermore is equally applicable tothe Forex markets: "And right here let me say one thing: After spending many yearsin Wall Street and after making and losing millions of dollars Iwant to tell you this: It never was
EUR/USD: Trading the U.S. Advanced Retail Sales Report
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2010-03-11-1926-EUR_USD__Trading_the_U_S__Advanced.html" style="font-size:1.2em">EUR/USD: Trading the U.S. Advanced Retail Sales Report</a>
<br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">10 hours ago </span>
<div style="width:80%;">The US dollar is likely to face increased volatility over the next 24 hours of trading as economists forecast retail spending in the world's largest economy to contract 0.2% in February, and the ...</div>
</div>
Euro Advances on Speculation Greece's Deficit Crisis Contained
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.businessweek.com/news/2010-03-11/dollar-advances-as-decline-in-stocks-reduces-demand-for-risk.html" style="font-size:1.2em">Euro Advances on Speculation Greece's Deficit Crisis Contained</a>
<br> <span style="color:#888888;">BusinessWeek</span> - <span style="white-space:nowrap">17 hours ago </span>
<div style="width:80%;">By Ben Levisohn March 11 (Bloomberg) -- The euro rose against most of its major counterparts as German government bonds dropped to the lowest level in more than two weeks on optimism Greece's ...</div>
</div>
Shelter-currencies received substantial push for growth
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.stockmarketsreview.com/forex/shelter_currencies_received_substantial_push_for_growth_20100311%20_3412/" style="font-size:1.2em">Shelter-currencies received substantial push for growth</a>
<br> <span style="color:#888888;">Stock Markets Review</span> - <span style="white-space:nowrap">19 hours ago </span>
<div style="width:80%;">By Forex-Metal Euro: The high-risk currencies were under pressure on Tuesday. The announcements regarding the possible reduction of the Portugal rating had a negative influence on the euro ...</div>
</div>
ETF Securities Expands Europe's First And World's Largest Exchange Traded Currency Platform With The Launch Of 10 New Euro-Based Currency ETCs On Xetra
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.mondovisione.com/index.cfm?section=news&action=detail&id=89122" style="font-size:1.2em">ETF Securities Expands Europe's First And World's Largest Exchange Traded Currency Platform With The Launch Of 10 New Euro-Based Currency ETCs On Xetra</a>
<br> <span style="color:#888888;">Exchange News Direct</span> - <span style="white-space:nowrap">Mar 10, 2010 </span>
<div style="width:80%;">ETF Securities (ETFS), the global pioneer in Exchange Traded Commodities (Commodity ETCs) and 3rd generation Exchange Traded Funds (ETFs) has expanded the world's largest and Europe's first ...</div>
</div>
Euro lower at $1.3550 in European morning trade
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://moneycentral.msn.com/inc/news/providerredir.asp?feed=AP&date=20100310&id=11223762" style="font-size:1.2em">Euro lower at $1.3550 in European morning trade</a>
<br> <span style="color:#888888;">MSN Money</span> - <span style="white-space:nowrap">Mar 10, 2010 </span>
<div style="width:80%;">FRANKFURT (AP) - The euro is lower against the dollar amid ongoing concerns about Greece's finances and the strength of the eurozone economy. The 16-nation euro bought $1.3550 in European morning ...</div>
<a href="http://online.wsj.com/article/BT-CO-20100310-714488.html?mod=WSJ_latestheadlines">WORLD FOREX: Euro Gains As Global Economic Picture Brightens</a> - <span style="color:#888888">Wall Street Journal</span><br>
<a href="http://www.marketwatch.com/story/world-forex-eurodlr-down-vs-yen-on-china-tightening-worries-2010-03-11">WORLD FOREX: Euro,Dlr Down Vs Yen On China Tightening Worries</a> - <span style="color:#888888">MarketWatch</span><br>
<a href="http://www.reuters.com/article/idUSLDE62A1FK20100311" style="color:#009900">Reuters</a>
- <a href="http://www.rttnews.com/Content/CurrencyMarket.aspx?Node=b3&Id=1235579" style="color:#009900">RTT News</a>
- <a href="http://www.todayonline.com/BreakingNews/EDC100310-0000238/Euro-lower-at-US$1,3550-in-European-morning-trade-Greece-calls-for-stricter-market-regulation" style="color:#009900">TODAYonline</a>
</div>
WORLD FOREX: Euro Ticks Up Vs Yen On Japan Importer Buying
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.marketwatch.com/story/world-forex-euro-ticks-up-vs-yen-on-japan-importer-buying-2010-03-10" style="font-size:1.2em">WORLD FOREX: Euro Ticks Up Vs Yen On Japan Importer Buying</a>
<br> <span style="color:#888888;">MarketWatch</span> - <span style="white-space:nowrap">Mar 10, 2010 </span>
<div style="width:80%;">By Miho Nakauchi TOKYO (MarketWatch) -- The euro ticked up against the yen in Asia Wednesday, as Japanese importers buying the single currency on a regular settlement day set the tone of the ...</div>
</div>
Hedge Funds Lose Money Even With Euro, Pound Tumbles
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.businessweek.com/news/2010-03-10/hedge-funds-lose-money-even-with-euro-pound-tumbles-update1-.html" style="font-size:1.2em">Hedge Funds Lose Money Even With Euro, Pound Tumbles</a>
<br> <span style="color:#888888;">BusinessWeek</span> - <span style="white-space:nowrap">Mar 10, 2010 </span>
<div style="width:80%;">By Katherine Burton March 10 (Bloomberg) -- Hedge funds that trade currencies are taking hits from politicians casting them as speculators out to sink the euro and push Greece into insolvency ...</div>
</div>
Comprehensive FX and Futures Daily Commentary
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.fxstreet.com/technical/analysis-reports/technical-research/2010-03-09.html" style="font-size:1.2em">Comprehensive FX and Futures Daily Commentary</a>
<br> <span style="color:#888888;">FXstreet.com The Forex Market</span> - <span style="white-space:nowrap">Mar 9, 2010 </span>
<div style="width:80%;">by FastBrokers Research Team The EUR/USD is drifting lower today after the currency pair was unable to break through previous March highs during yesterday's run higher. The data wire has been ...</div>
</div>
FOREX: Euro Losing Ground to the Dollar; EUR/USD, FXE
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.learningmarkets.com/News-Feed/2010030913057/forex-euro-losing-ground-to-the-dollar-eurusd-fxe.html" style="font-size:1.2em">FOREX: Euro Losing Ground to the Dollar; EUR/USD, FXE</a>
<br> <span style="color:#888888;">Learning Markets</span> - <span style="white-space:nowrap">Mar 9, 2010 </span>
<div style="width:80%;">EUR/USD---The euro (EUR) had been gaining ground on the US dollar (USD) since the end of February, but it looks like the tide may be turning back in favor of the USD. The EUR/USD is consolidating ...</div>
<a href="http://www.bloggingstocks.com/2010/03/09/euro-faltering-against-the-dollar-eur-usd/">Euro Faltering Against the Dollar; EUR/USD</a> - <span style="color:#888888">BloggingStocks</span><br>
</div>
Ldn FX: Euro-dollar Extends Pullback On Risk Aversion, Fitch
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://imarketnews.com/?q=node/9884" style="font-size:1.2em">Ldn FX: Euro-dollar Extends Pullback On Risk Aversion, Fitch</a>
<br> <span style="color:#888888;">Market News International</span> - <span style="white-space:nowrap">Mar 9, 2010 </span>
<div style="width:80%;">LONDON, Mar. 9 (MNI) - Continued risk aversion, Fitch warnings over Portugal credit grading and further Japanese exporter sales of euro-yen acted to extend euro-dollar's corrective pullback from ...</div>
</div>
my thinking that made thebig money for me. It always was my sitting. Got that? My sittingtight! It is no trick at all to be right on the market. Youalways find lots of early bulls in bull markets and early bearsin bear markets. I've known many men who were right at exactlythe right time, and began buying and selling stocks when priceswere at the very level which should show the greatest profit.And their experience invariably matched mine - that is, theymade no real money out of it. Men who can both be right and sittight are uncommon. I found it one of the hardest things tolearn. But it is only after a stock operator has firmly graspedthis that he can make big money. It is literally true thatmillions come easier to a trader after he knows how to tradethan hundreds did in the days of his ignorance." Secret #4 Potentially the best way to trade for the longer term is totrade off of the weekly charts, thus avoiding the day-to-dayvolatility that wreak havoc on one's account or at a minimumshake you out of your position prematurely and potentiallymissing a big money move altogether. By definition, then, apotential winning edge methodology based on a weekly chart onlyrequires analysis once a week after the futures markets closefor the week each Friday. You then simply update your chart,determine the following week's entry, trailing stop loss andprofit target orders, which should be placed before the futuresmarket opens on Monday. A clarification is in order here, eventhough we are trading the Forex market, we can use the weeklyfutures markets charts for determining exit and entry ordersthat can then be executed in the Forex market. And these samesignals, by the way, are equally executable in the futuresmarkets. It becomes a matter of which market platform you preferto trade the currencies. It should be clear from this discussion that there is no magicto trading the Forex or futures markets. The magic isin the potential winning edge methodology that you apply tothese markets that makes the money. Good Trading, Bill Poulos http://www.instantprofitstoday.com About the author:Bill Poulos has been trading the markets since the mid 1970's.In 2001, he formed Profits Run, Inc, with his son, Greg, to helpeducate traders around the world by offering trading courses andsystems.
|
|
|
We strive
to provide only quality articles, so if there is a specific topic
related to currency that you would like us to cover, please
contact us at any time.
And
again, thank you to those contributing daily to our managed forex performance
website.
Indian Rupee to Get Unique Symbol in 2010-2011
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.indiajournal.com/pages/event.php?id=10194" style="font-size:1.2em">Indian Rupee to Get Unique Symbol in 2010-2011</a>
<br> <span style="color:#888888;">India Journal</span> - <span style="white-space:nowrap">7 hours ago </span>
<div style="width:80%;">NEW DELHI - The Indian Rupee will this fiscal join the elite league of global currencies like US dollar, British Pound and Euro that have their unique symbols, Finance Minister Pranab Mukherjee ...</div>
</div>
New contract high for the Canadian Dollar
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.forexhound.com/article/Fundamentals/Daily_Reports/New_contract_high_for_the_Canadian_Dollar/190797" style="font-size:1.2em">New contract high for the Canadian Dollar</a>
<br> <span style="color:#888888;">Forex Hound</span> - <span style="white-space:nowrap">9 hours ago </span>
<div style="width:80%;">CURRENCIES: 03/11/10 Higher closes yesterday for the Aussie Dollar, Euro Fx and Swiss Franc while lower for the Canadian Dollar, Japanese Yen, British Pound and dollar index. The euro and franc ...</div>
</div>
British Pound Halts Slide, New Zealand Dollar Extends Decline Following RBNZ Rate Decision
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.dailyfx.com/forex/technical/article/winners_and_losers/2010-03-11-1700-British_Pound_Halts_Slide__New.html" style="font-size:1.2em">British Pound Halts Slide, New Zealand Dollar Extends Decline Following RBNZ Rate Decision</a>
<br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">13 hours ago </span>
<div style="width:80%;">The British Pound halted the three-day decline and is the best performing currency against the US dollar on Thursday, while the New Zealand dollar extended the decline following the RBNZ interest ...</div>
</div>
British Pound / US Dollar 03-11
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.dailyfx.com/forex/technical/elliott_wave/gbp-usd/2010-03-11-1544-British_Pound___US_Dollar.html" style="font-size:1.2em">British Pound / US Dollar 03-11</a>
<br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">13 hours ago </span>
<div style="width:80%;">After meeting resistance from former support / the 38.2% of the decline from 15825 / channel resistance, the GBPUSD has rolled over. I favor a drop below 14780 in a 5th wave. Risk can be moved to ...</div>
</div>
British Pound Outlook Turns Neutral
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.dailyfx.com/forex/technical/ssi/gbp-usd/2010-03-11-1554-British_Pound_Outlook_Turns_Neutral.html" style="font-size:1.2em">British Pound Outlook Turns Neutral</a>
<br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">14 hours ago </span>
<div style="width:80%;">GBPUSD ? Much like with the Euro/US Dollar, recently range-bound price action in the British Pound/US Dollar pair has led to fairly lackluster readings in our SSI. The ratio of long to short ...</div>
</div>
British Pound Advances as Inflation Expectations Push Higher, Euro Holds Tight Range
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2010-03-11-1156-British_Pound_Advances_as_Inflation.html" style="font-size:1.2em">British Pound Advances as Inflation Expectations Push Higher, Euro Holds Tight Range</a>
<br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">18 hours ago </span>
<div style="width:80%;">The British Pound halted the three-day slide against the greenback as a Bank of England survey showed a rise in inflation expectations, and the currency may continue to retrace the sell-off from ...</div>
</div>
British Pound exchange rates helped by Brown comments
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.economy-news.co.uk/pound-exchange-rates-11201003.html" style="font-size:1.2em">British Pound exchange rates helped by Brown comments</a>
<br> <span style="color:#888888;">Economy News</span> - <span style="white-space:nowrap">19 hours ago </span>
<div style="width:80%;">The pound euro exchange rate and the pound dollar exchange rate are both higher in morning trade. Yesterday was a mixed bag for the British Pound: Here is our analysis. Yesterday was a day of ...</div>
<a href="http://www.nuwireinvestor.com/articles/british-pound-tumbles-over-past-month-54825.aspx">British Pound Tumbles Over Past Month</a> - <span style="color:#888888">NuWire Investor</span><br>
</div>
Market exchange rates -- March 11
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.istockanalyst.com/mobile/viewarticle.aspx?articleid=3937501" style="font-size:1.2em">Market exchange rates -- March 11</a>
<br> <span style="color:#888888;">istockAnalyst.com</span> - <span style="white-space:nowrap">Mar 11, 2010 </span>
<div style="width:80%;">BEIJING, Mar. 11, 2010 (Xinhua News Agency) -- The central parity rate of the RMB against five major currencies announced March 11 by the China Foreign Exchange Trading System: Currency Unit ...</div>
</div>
British Pound / US Dollar 03-10
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.dailyfx.com/forex/technical/elliott_wave/gbp-usd/2010-03-10-1646-British_Pound___US_Dollar.html" style="font-size:1.2em">British Pound / US Dollar 03-10</a>
<br> <span style="color:#888888;">Daily FX</span> - <span style="white-space:nowrap">Mar 10, 2010 </span>
<div style="width:80%;">After meeting resistance from former support / the 38.2% of the decline from 15825 / channel resistance, the GBPUSD has rolled over. I favor a drop below 14780 in a 5th wave. Risk can be moved to ...</div>
</div>
GBP and JPY Under Selling Pressure
<div style="padding:0px; margin-bottom:1.5em;">
<a href="http://www.forexyard.com/en/market-analysis/afternoon/gbp_and_jpy_under_selling_pressure-2010-03-10" style="font-size:1.2em">GBP and JPY Under Selling Pressure</a>
<br> <span style="color:#888888;">Forexyard</span> - <span style="white-space:nowrap">Mar 10, 2010 </span>
<div style="width:80%;">The leading events in the forex market today have been the sudden dip in the value of both the British Pound and Japanese Yen. With the GBP already facing sell-pressure from a string of bad data ...</div>
</div>
the international exchange market, the market for conversion exchange operations of specified amounts of one country’s currency into the ...
|
