The Easy Forex Guide The Easy Forex Guide, will show you everything you need to start trading Forex with little or no money Statistics Unique Visitors: Total Unique Visitors: Outgoing: Total Outgoing: 0 0 23 935

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The Easy Forex Guide 2008-03-04 10:20:00 "Welcome to our Easy-Forex learn and trade guide. We aim to make foreign currency exchange easy and accessible to individuals who may not have any prior knowledge or experience in currency exchange. As part of this policy, we would like to provide you with the basic tools that enable you to start taking an active part in the largest, and most liquid market in the world - the forex market. "Introduction to Foreign Exchange Market The Foreign Exchange Trading Market (Forex). Is the simultaneous buying of one currency and selling of another. The foreign exchange market (Forex or FX) is the largest financial market in the world with a daily turnover of over $2.6 trillion. Examples of currency trading pairs are Euro/US Dollar (EUR/USD) and US Dollar/Japanese Yen (USD/JPY). Most currency transactions involve the "Majors" - US Dollar, Euro, Japanese Yen, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.Unlike most financial markets, the foreign exchange market has no physical ...

Why Easy-Forex™ Trading Platform? 2008-03-04 10:19:00 Trading PlatformAre there real people behind the phone (or the e-mail box)? Do I speak with the same person, managing the service to my Forex account and providing the personal touch and assistance, online?Easy-Forex™ expert team members are available for you, at all times, anytime. Moreover, you have your own Account Service Manager working closely with you, and the dealing room services are offered to you by expert Forex dealers. You may speak with us over the phone, over e-mail, or over the advanced online CHAT system that we run, as well as visit your regional office and meet in person. Yes, it''s internet, but we are real, and we take it personally / The Easy Forex Guide.When I set a rate to a deal, is it executed "around", or "near" the rate I set, or rather exactly on it?Easy-Forex™ executes your set rates, including Stop-Loss and Take-Profit rates, by using the latest technologies. We are committed to the principle that you should not lose more than your Stop-Loss amount ...

How Do You Access The Market? 2008-03-04 10:18:00 The MarketIt is important to note that retail traders, such as yourself, will most likely be accessing the off-exchange foreign currency market (or Forex market) via an FCM (Futures Commissions Merchant) or broker. You will not be trading in the actual Interbank market itself. Your access to the total market will be determined by your chosen broker’s limitations/The Easy Forex Guide.FCMs or brokers act as a bridge between you and their liquidity partner (sometimes larger global banks) that you would otherwise not have sufficient capital to do business with.( view figure 2 ) The large majority of off-exchange retail foreign currency brokers act as market makers, meaning that by keeping many trades in house they create their own liquidity. Some retail brokers clear trades directly through to the larger banks that provide their liquidity. If you are new to the Forex market it would wise to research and understand your broker’s particular business model and method of clearing trades/T ...

Forex Killer Signal Generation Software 2008-03-04 09:00:00 This just may be the best selling forex product on the Internet right now. It is a standalone software product that generates forex trading signals independent of broker or platform.Forex Killer was developed by a fellow by the name of Andreas Kirchberger who used to work for Deutsche Bank as a forex advisor and left his job because as he says " Why should I work and sweat 8 hours a day making other people rich, researching reports and monitoring market movements?" That's when he and two colleagues, a mathematics professor and a behavioral psychologist developed the Forex Killer trading signal generation software system.The biggest advantage to this product in my opinion, is it is a one time fee for the software and THAT'S IT! If you are paying monthly fees for forex trading signals, you know how that can add up. Of course, this is only an advantage if the signals actually produce a significant profit, right? Well, we have searched the Intenet far and wide to find the answer to that ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-03-04 08:55:00 · U.S. Dollar Trading (USD) was mixed versus a number of majors, as equity markets was a cause for plenty of volatility on Friday. On the data front, inflation reported by the PCE deflator accelerated to its fastest pace in over two years, yet consumer confidence was at its lowest level in 16 years with the Michigan sentiment survey, whilst Chicago PMI was at 6 year lows. However the big mover in the markets was from reports that the world’s largest insurer, American International Group reported 5.3bln quarterly loss, prompting a broad sell off in equities. In U.S. share markets the NASDAQ was down by -60.09 points (-2.58%) whilst the Dow Jones also fell by -315.19 points (-2.51%). Crude oil fell by US$0.80 a barrel to US$101.79. Looking ahead, ISM manufacturing figures are scheduled for release with forecasts lying at 48 for the month February, lower then the previous 50.7.· The Euro (EUR) held firm against the Dollar, despite a number of other majors suffering on a cross yen sell ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-03-04 08:53:00 U.S. Dollar Trading (USD) was subject to an extremely volatile session on Monday trading at fresh record lows versus a number of majors, before pairing those losses. The initial moves against the dollar were largely attributed to traders adding to bets that the Federal Reserve will look to cut rates by 50 bps on March 18. On the data front, ISM manufacturing came in slightly better then expectations at 48.3 (Forecast: 48). In U.S. share markets, the NASDAQ was up by 7.93 points (+0.09%) whilst the Dow Jones fell slightly by -7.49 points (-0.06%). Crude oil rose by US$0.56 a barrel to US$102.40, having earlier hit a record high of US$103.95. Looking ahead, Fed Chairman Ben Bernanke is scheduled to talk on mortgage foreclosures at 1400 GMT. · The Euro (EUR) traded at a fresh record high during the session, before comments made by Luxembourg Prime and Finance Minister Jean Claude Juncker said he was becoming “increasingly concerned” about the Euro’s recent rally, which ceased any f ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-03-01 22:59:00 EUR/USD finally broke out from a multi-month consolidation as well as prior high of 1.4966 last week, surging to new record high of 1.5238. From a short term angle, with 4 hours MACD dragged below signal line, an intraday high might be in place at 1.5238 on overbought condition. Below 1.5123 will confirm this case and bring pull back. Though, downside should be contained well by 1.4966 resistance turned support and bring rally resumption. Above 1.5238 will indicate rise has indeed resumed for next short term upside target of 61.8% projection of 1.3360 to 1.4966 from 1.4438 at 1.5431.In the bigger picture, decisive break of 1.4966 and 1.5 key resistance (61.8% projection of 0.8223 to 1.3668 from 1.1639 at 1.5004) confirms that medium term up trend from 1.1639 has resumed. Also, regardless of internal structure, it is treated as resumption of long term up trend from 0.8223 (00 low) to 1.3668 (04 high). Further rally is now expected towards 100% projection of 0.8223 to 1.3668 from 1.7048. ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-03-01 09:00:00 The Dollar had a quiet week in terms of data, although the little data was made public was initially dollar supportive; the US dollar did trade to 2-week lows against a number of major currencies after a string of weak data prompted investors to expect further Federal Reserve rate cuts. The Euro was on the other side of the coin stable data a cause for investors to scale back expectations the next move by the ECB would in fact be a rate cut. The EUR closed the week at 1.4804 having started at 1.4680. The Japanese Yen was boosted earlier in the week on risk aversion, and speculation the People Bank of China was poised to hike rates to counter an overheating economy an inflation rising to an 11 year high. Although the there was no move by the PBoC and BoJ minutes citing low inflationary concerns in Japan the main reason for a 9 to 0 vote in holding rates this month. The JPY ended the week at 107.37 having opened at 107.82. The GBP began the week under considerable pressure but returned o ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-02-29 18:52:00 · U.S. Dollar Trading (USD) remained battered against a number of majors yesterday as Bernanke reconfirmed that major slowdowns in the economy. US economic growth was unrevised at an annual pace of 0.6 % in the 4th quarter which was weaker than the forecasted 0.7 % due to subsiding home sales and slumping inventories. GDP grew 2.2 % for all of 2007, which was the slowest since 2002, adding to further concerns on a fully blown recession. In U.S. share markets, NASDAQ was down by -22.21 points (-0.94%) whilst the Dow Jones was also down -112.10 points (-0.88%). Crude oil rose by US$3.15 a barrel to record highs of US$102.80. Looking ahead, key data in the form of Core PCE figures, Chicago PMI and Michigan Sentiment Survey are sure to create plenty of interest in final trading day for February.· The Euro (EUR) continued to strengthen against the dollar with signs of a weakening US labor market pointing to further rate cuts by the Fed. Analysts forecast Euro momentum to continue unless w ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-02-27 22:55:00 U.S. Dollar Trading (USD) traded at record lows versus a number of majors as Fed Chairman Ben Bernanke signaled his willingness to cut rate again in order to rejuvenate the world’s largest economy. In data news, Durable goods came in well below expectations at -5.3% (Forecast: -4%), and New How Sales fell to 0.588 mln for the month of January, adding to the greenbacks woes. In U.S. share markets the NASDAQ was up by 8.79 points (0.37%) whilst the Dow Jones also rallied by 9.36 points (+0.07%). Crude oil traded at a fresh record high once again, up by US$1.16 a barrel to US$102.08, before ending lower at US$99.72. On Thursday, Fed Chairman Bernanke will continue his two day testimony on Monetary Policy, whilst GDP data will also generate plenty of interest. · The Euro (EUR) traded at an all time record high following Bernanke comments last night. Overall the EURUSD traded with a low of 1.4973 and a high of 1.5144 before closing the day at 1.5119 in the New York session. · The Japane ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-02-26 23:33:00 U.S. Dollar Trading (USD) was battered across the board as reports showed that consumer confidence dropped in the month February 87.3 to 75.0, establishing its lowest level in five years. Consumers remain pessimistic that the world’s largest economy is destined to continue its slowing. The Dollar further suffered on dovish comments made by Fed Vice Chairman Kohn. In his speech today, Donald Kohn said that he did not foresee the current levels of elevated inflation to persist, reaffirming market expectations that the FOMC meeting in march will eventuate in another 50 bps cut. In U.S. share markets the NASDAQ was down 17.51 points (0.75%) whilst the Dow Jones was also up by 114.70 points (0.91%). Crude oil also traded at record high overnight of US$101.23 up US$2.00 a barrel. On Wednesday, heavy data is scheduled with the release of New Home Sales and Durable Goods for the month of Jan. More importantly, Fed Chairman Bernanke is scheduled for his semi-annual address on Monetary Policy, ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-02-25 02:44:00 U.S. Dollar Trading (USD) ended the week lower across the board on growing recession fears. In a quiet end to the week in terms of data the greenback eased as traders added to bets that the Federal Reserve will look to cut rates on the 18th of March by as much as 50 bps. In U.S. share markets the NASDAQ was up by 3.57 points (+0.16%) whilst the Dow Jones was also up slightly by 96.72 points (+0.79%). Crude oil edged higher once again, falling short of the $100 target, up by US$0.83 a barrel to US$99.06. Looking ahead, key data is in the form of US Existing Home Sales, with economists forecasting a decline to 4.8 mln for the month of January, from the previous 4.89 mln.· The Euro (EUR) rallied on the back of EURJPY crosses heading to a five week high of 159.58 on Thursday. In what was otherwise a dour session, the EURUSD traded with a low of 1.4786 and a high of 1.4863 before closing the day at 1.4824 in New York. ECB president Trichet is scheduled to testify in front of Parliament on ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-02-24 16:12:00 Action Insight Weekly Review and OutlookEUR/USD to Test 1.5 Psychological Resistance Again?Dollar weakened across the board last week on deeper recession concern after Fed lowered its growth forecasts and following a much weaker than expected Philly Fed index. On the other hand, Euro was strong in generally, boosted by stronger than expected data which dampen the expectation of a near term rate cut from ECB. Aussie was also strong, partly supported by strength in gold and oil prices, and also by firm expectation on further rate hike from RBA after the hawkish minutes. Markets focus will turn to whether EUR/USD can extend the rally to retest 1.5 psychological resistance this week, with attention on Bernanke's semiannual monetary policy report, as well as some important economic data from Eurozone.Economic data from US were indeed dollar supportive initially. Headline CPI rose 0.4% mom in Jan, pushing yoy rate higher from 4.1% to 4.3%, above expectation of 4.2% and just slightly below t ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-02-24 07:40:00 · U.S. Dollar Trading (USD) eased slightly against a number of majors in a follow through from FOMC minutes on Wednesday, which prompted traders to anticipate further rate cuts from the Fed in the coming meeting (March 18th), as the central bank lowered its 2008 growth forecasts. In data specific news, the Philly Fed survey was lower than forecasts coming in at -24.In US share markets, the NASDAQ was down by -96.23 points (-1.06%) whilst the Dow Jones was lower by 142.96 points (-1.15%). Crude oil eased from it record highs seen in the previous session. Crude dropped by US$2.71 a barrel to US$98.03.· The Euro (EUR) gained broadly versus the dollar as output of the US came in on the weaker side. Despite the views that economic growth is expected to slow to 1.8% in 2008 from the previous 2.7%, inflation is expected to remain above the ECB comfort band. Overall the EURUSD traded with a low of 1.4703 and a high of 1.4838 before closing the day at 1.4815 in the New York session. PMI servi ...

The Easy Forex Market Outlook, Currency Trading News And U.S. Dollar, The Euro, Japanese Yen, GBP Sterling Moves. 2008-02-22 22:21:00 · Euro – 1.4815Initial support at 1.4702 (Feb 21 low) followed by 1.4611 (Feb 18 low). Initial resistance is now located at 1.4838 (Feb 21 low) followed by 1.4956 (Feb 1 high).· Yen – 107.45Initial support is located at 107.16 (Feb 21 low) followed by 106.35 (Feb 11 low). Initial resistance is now at 108.67 (38.2% retracement of the 114.66 to 104.97 decline) followed by 109.82 (50% retracement of the 114.66 to 104.97 decline)· Pound – 1.9630Initial support at 1.9363 (Feb 12 low) followed by 1.9338 (Feb 7 low). Initial resistance is now at 1.9643 (Feb 21 high) followed by 1.9738 (Feb 5 high)· Australian Dollar – 0.9195Initial support a 0.9005 (Feb 15 low) followed by 0.8954 (Feb 14 low). Initial resistance is now at 0.9239 (76.4% retracement of 0.9400 to 0.8513) followed by 0.9331 (Nov 9 high)· Gold – 943.40Initial support at 906.10 (Feb 19 low) followed by 896.50 (Feb 7 low). Initial resistance is now at 954.60 (Feb /mhj1jk4kThe guide that will show you everything you ne ...