worldclassifiednet: May 2009

Sunday, May 24, 2009

Forex Currency Trading Market

If you read about investing, you've seen the word forex trading. But because forex doesn't get much publicity in the major publications and websites, many investors don't know that forex is just short for "foreign exchange". So trading the forex market is simply trading foreign currencies.

As recently as ten years ago, currency trading had high barriers to entry, so only large banking and institutional firms had access to the tools and systems required to play in the forex trading game. Recently, however, technology has developed to the point that any individual investor can hop right in and trade with one of the many online platforms.

When buying and selling in the forex currency trading system market, you'll see that there are four "currency pairs" that dominate the percentage of trades. Those four are the Euro vs U.S. Dollar, US Dollar vs Japanese Yen, US Dollar vs Swiss Franc, and US Dollar vs British Pound.

The goal when investing in currency is to be holding a currency that appreciates in value in relation to the other currencies. To use an overly simplistic example, if you bought 50 British Pounds for 100 US Dollars, held the Pounds for 1 week, and in that period the value of Pounds increased in relation to US Dollars, you could then convert those Pounds back into dollars for, say, $120.

Unlike the domestic stock markets, the forex currency trading is open for trades 24 hours a day. Much like the phrase "it's always noon somewhere," it's always business hours at some region of the globe. Since every country trades on the FX market, and it's open all day, the daily volume is roughly $1.2 trillion, which dwarfs that of the NYSE. Another comparison to make in order to truly realize the magnitude of the forex market is with the currency futures market (which has around 1% of the daily volume).

One other important distinction to make is that forex currency trading is not centered on an exchange like the NYSE or NASDAQ. There is no central body or organization required to act as middleman. Trading circulates between major banking centers around the world.

Until recently, there were strict financial requirements and massive minimum transaction sizes which prevented individual investors from trading. But with the advent of the internet came the FX brokers. A forex currency broker is similar to an online stock trading account such as etrade.

Anybody can open an account and buy and sell in any quantity. Because the brokers have thousands of investors placing orders through them, they are able to meet the large minimum transaction size by purchasing in large blocks and distributing currency amongst the purchasing investors.

Although it is now easy to start trading forex, it is a complicated and complex market. While it offers fantastic opportunity for wealth, it is also very easy to lose your shirt in a hurry. Before trading forex, do your homework and read as much as you can find before investing your hard earned money.

Overview of the Forex Market

The speaker provides an overview of the forex market. He suggests that the forex market carries the most amount of liquidity in relation to any other type of securities market. Not only is there tremendous liquidity, there is also trading available 24 hours per day; however, this can be a negative if you cannot pull yourself away from the screen.

He also talks through the leverage that is taken in the forex market. Typically, traders will use 200:1 leverage when placing trades. New traders should be extremely careful as their accounts can be wiped out on 1 trade if proper risk management is not employed.

Another benefit of the forex market is that it only moves dramatically when macroeconomic events take place, as opposed to a stock which can have a huge drop overnight due to earnings releases or other negative news.

Saturday, May 23, 2009

Invest money online

We take funds under management with the purpose of further multiplying be means of offshore investment to futures market. We are ready to share the ultimate secrets of online investing. The positive thing about investing to StableInterest com investment portfolios is that it can become a second income source for working moms, or it can be a partime help or an after school work.

If you have wish to invest money online to futures, though you have no opportunity to work from home, you can use our funds management service. Our professional traders have worked on the financial markets for years. They can give stable interests from the funds attracted.
The work at home seekers are aware that we offer non-risk online investing to stable state securities or bank deposits, which have highest security level. The deposits of that kind are practically non-risk at all for investors, however the annual yield of such deposits will be not higher than 7-10%. Any tools that can give higher interests are risky by definition. That is why everyone, willing to get income and earn money more than banks can offer, should be ready to take some risks.

The risk management systems are always at the high priority for us. Our main task is to minimize risk for every transaction, making it maximum profitable at the same time. The specialists watch the slightest change on the financial markets online. Choosing one of our investment portfolios, it may become your second income source, you can get rich and guarantee the freelife for you and your beloved ones.

Stable Interest - Most Profitable Investing

The project StableInterest.com is working since 2006. Being the most profitable investing opportunity online now, it has been launched by the team of professional traders and analysts for the money online home seekers. We offer reliable and long-term opportunity for online investors. If you enjoy the freelife and willing to get rich getting the second income source, this is the very right place for you to be. StableInterest will become your fully home based business. You will earn money from home. Getting 102% income in 60 days is not a problem if you join our online investing oppotunity.

Continuous, 24-hour trading

The currency exchange market is a true 24-hour market, operating five days a week. Equity trading, on the other hand, is restricted to the operating hours of the various equity exchanges. While after-hours trading for equities has become available to a limited degree through some electronic communication networks (ECNs), there are no guarantees that liquidity will be maintained after-hours or that trades can executed at true “market prices”.

Why FOREX?

Historically, currency trading has been a “closed” market, reserved primarily for major banks, multi-national corporations, and other large organizations. These institutions trade in large transaction sizes and high volumes and it has been next to impossible for smaller-scale, individual investors to participate in an equal and competitive manner.
This all changed however, as new technologies have made it possible for smaller investors to participate directly in the forex market.
Forex trading is rapidly winning favour as an alternative investment opportunity because forex trading has several inherent benefits when compared to equity trading. This page lists some of these benefits

Friday, May 22, 2009

Currency Charts

Forex Market Comparison

Forex vs. Stocks

Trade Around the Clock

The forex market is a near-seamless 24-hour market. Subject to available liquidity, FXCM offers trading from Sunday, starting after 5:15 PM EST, until Friday, 4PM, EST (FXCM Client Service is available 24/7). With the ability to trade around the clock, currency traders have the advantage of customizing their own trading schedule; they can usually get in or out of the market at any time without waiting for an opening bell or encountering a market gap. While trading stocks after usual market hours is possible, very often that possibility is negated by a lack of order flow or a drastic widening of the bid-ask spread.

Pay No Commissions*

In the forex market costs are confined to the bid-ask spread. FXCM charges no commission or additional transaction fees, and its customers trade on spreads provided to FXCM by some of the world's largest banks via the FX Trading Station. In the stock market, “no-fee” programs are frequently offered only with provisos mandating minimum account balances or minimum trades per month.

* FXCM is compensated through the bid/ask spread except where otherwise noted. Please note commission charges apply for certain classes of non-standard accounts such as Active Trader. For additional information click here.

No Uptick Rule

Unlike the equity market, there is no restriction on short selling in the forex currency market, no matter which way the market is moving. Since currency trading involves buying one currency and selling another, a trader has the same ability to trade in a rising market as in a falling one.

Forex Market Information Easily Accessible

Information about stocks is abundant, but so are the stocks. Finding a trade opportunity in the equities markets may mean sifting through data on thousands of stocks, while the forex trader has only six major currencies to research. Additionally, the vital information that moves equity markets, such as revenues and profits, is proprietary and private, and sometimes subject to fraud, deception and insider trading. In contrast, virtually all of the news that bears on the forex market is in publicly disseminated reports from governments or research institutions, and released to everybody at the same time.

The knowledge you've gained in analyzing stocks is easily transferable to the forex market. Many of the economic indicators familiar to equity traders, such as payroll data and interest rates, affect the currency markets. And many technical traders have found the forex market to be particularly attractive, since currencies respond well to many of the common technical indicators, such as MACD, RSI, and Candlestick charting

Buying/Selling

In the forex market currencies are always priced in pairs; therefore all trades result in the simultaneous buying of one currency and the selling of another. The objective of currency trading is to buy the currency that increases in value relative to the one you sold. If you have bought a currency and the price appreciates in value, then you must sell the currency back in order to lock in the profit.

Wednesday, May 20, 2009

The Advantages of Online Forex Trading

The Right Choice of a Forex Broker

The Forex market has been considered as the biggest financial market in the world. For many years, it has been only the big corporations and skillful professionals who were very much involved in the market. Nowadays, there are a lot of people who are engaged with this profitable yet risky to the unlearned worldwide business.However, for those who are beginners, which include the individual and minor traders, consider this kind of market as something new to them. Sometimes, they are so doubtful whether to invest or not. They have inadequate or the least knowledge about the process of operations and possibilities to expand in the future. This lack of knowledge can lead to financial loss.In view of this, the traders must be educated first regarding the trading system and how it operates or utilizes professional help of a knowledgeable forex broker. Do you have a clear idea about these brokers? In the strict sense, brokers are individuals or companies that will be hired to buy and sell orders according to the decisions of the investor. In order to make money, brokers will ask for a fee or commission for services rendered. It is necessary for the forex brokers to be connected to the big financial institution like for example the bank, so as to get funding for the margin trading.As a starting point in forex trading, you need to open an account with a forex broker. The forex broker will be used by forex traders in taking care of their business dealings. The forex broker will act as a consultant who guides you regarding forex market. You will be allowed by the forex broker to work for one day with major currencies namely, EUR, JPY,GBP, CHF etc. against the USD immediately, that is in accordance to the current price in the market for forex international exchange. Your abilities together with your suitable decision will be vital for the level of profits.Moreover, the forex broker will give you technical analysis and even provide tips on how to make a research in achieving their success traders of forex. Sometimes, forex broker will offer suggestions regarding what moves are you going to make about forex trading.Maybe the function of a forex broker is practically unnecessary, due to the development of technology and increased awareness, but we can not entirely disregard his role. The introduction of a new model has affected even the financial markets. But later on many banks and brokerages had expanded their services by wrapping up their online trading systems for retail market. Hence, more traders use their computers to have an access even currency market which are out-of-reach. The forex broker now will be needed in this area of forex marketIn choosing a forex broker, you need to be wise about it. Of course, it is expected that there will be a lot of brokers who will offer their services online. Before making a decision of choosing a forex broker, do not forget to make some research. The amount of time spent somehow made us to know more about the available services and the fees from different forex brokers.There are several things to consider before you open an account to a forex broker. First, the forex broker must a license holder and registered as a Futures Commission Merchant (FCM) together with the Commodity Futures Trading Commission (CFTC) so as to avoid deception and trade practices which are offensive. Second, you should know the fees concerned. Is the spread fixed or variable about the kind of account? Third, the speed of execution. Fourth, the platform of trading. Fifth, the forex broker should give 24-hour support. Sixth, it must have solid financial backing. Seventh, always get a demo account.

Sunday, May 17, 2009

Forex trading has always been one of the most popular ways of generating extra income from home. The high leverage, 24 hour availability of the Forex markets and the introduction of home trading platforms have made it possible for the individual like you and me to trade Forex from home on a part time or full time basis.

There are hundreds of ways to trade the Forex markets and choosing a strategy that fits your personality and trading style is definitely not easy. I hope that this article will help you to avoid falling victim to one of the many scams out there and make an educated decision about your personal strategy.

Saturday, May 16, 2009

Quetta Forex

The Quetta rewards of Forex trading are tremendous although the market can appear intimidating to a newcomer. Of course you have a number of so-called Forex professionals boasting about their track records and trading systems that claim to make you an instant success. However, Forex trading isn’t as complex as the industry experts have advertised.In actuality, Forex trading is something you truly have to experience for yourself to understand. This takes disciple in the form of developing strategies and thoroughly training yourself on the market.Several educational Pakearn found online at no cost. Trading charts are abundant and after learning how to effectively put them to use, you can be making real money in no time.Equipped with Pakearn2009 strategy and a positive mind set, you too can achieve the financial freedom offered by Forex trading.

TFI FX PLATFORM

The platform boasts a simple and user friendly interface that allows clients to easily monitor their transactions, manage their account and perform a variety of technical analysis. Some of the features include:Coverage of the financial markets.Constantly updated real time prices.Instant execution, order placement, stop-loss and take-profit orders.Users can define and view unlimited charts.Daily account statement.Multi-lingual platform with up to 20 different languages to choose from.You can program your own trading strategies with the Expert Advisor.High security through the strong encryption of information transmitted.Customized technical indicators and the ability to script more.

TFI FX PLATFORM

Thursday, May 14, 2009

Beirut Stock Exchange

BEIRUT: The Beirut Stock Exchange underwent a relative dormant week of trading as regular activity was interrupted by the festive period. Nevertheless, the decline in global capital markets and in particular Gulf stock exchanges weighed down on investor sentiment as they preferred to realize their remaining positions in anticipation of worse times ahead. Thus, the Blom Stock Index dropped by 1.55 percent on a weekly basis to close at 1182 with a year to date decline of 21.28 percent. Weekly traded volume and value also went down significantly by 71 percent and 81 percent to 372,788 and $4.5 million. Out of the 26 listed stocks on the Beirut Stock Exchange, 12 exchanged hands during this slow week, which saw only two gain in price, while seven decreased and two stabilized. Solidere stocks alone represented 70 percent of the total value traded while the banking sector accounted for the remaining 30 percent.

Exchanges and Liquidity

Tuesday, May 12, 2009

My Forex Experience

Things to Watch Out for in Forex

Of course international currency trading also has a few notable things to watch out for. First of course is the market trend. Because nothing is certain, you always have to be on a lookout for great currency opportunities. You should also be able to do plenty of forecasting especially if you aim to plunge into new currencies. The trade should always be a continuous learning process for you and because of this, you should expect failures and bad trades to happen along the way.

Saturday, May 9, 2009

International Currency Trading

One of the most profitable business ventures these days is international currency trading. Despite the fact that the world of trading seem to be unstable with the global economic meltdown posting a threat, entrepreneurs still find themselves dabbling into the world of currency trading on a global scale. In spite of the recession happening in various industries, people who are into the forex trade continue to expand their business in this trade.

Why is this so? The main reason for this is because the international currency trading scene is very dynamic. You never really know how it’s going to spin. Although some people might think that this unpredictability can cause this business to become unattractive, the contrary seems to happen. Alongside with the unpredictability of forex comes the fact that it presents a fair game to everyone. So long as you have what it takes to thrive in this fast paced environment then you can expect a windfall of profits to proceed.

Trade Forex For a Living

If you want to enjoy currency trading success you can, but you need to be aware of one key point. 95% of traders lose money and that’s a lot of people! Don’t think you can’t do it, you can and this article will show you how.

The Forex markets remain the final frontier of the free market economy it’s the world’s biggest business and the most lucrative and is one of the few businesses you can start with small stakes and build real wealth. You can earn huge profits due to leverage, which allows you deposit 1,000 dollars and leverage it up 200 times to trade $100,000! If you can use leverage the right way, you can make huge profits let’s take a look at how to do this.

Forex trading is a learned skill and anyone can learn a simple Forex trading strategy for success; in Forex trading simple systems work best, because they have fewer elements to break than complicated ones. You only need a simple strategy to succeed but that’s not enough, you need the right mindset and that’s why most traders lose they don’t understand the next key point!

Despite what a lot of so called experts or Forex robot advisors will tell you, you can’t predict what Forex markets will do in advance and this means you will have losing periods. These losing periods, can last for weeks but that’s ok, so long as you cut your losses and run your profits. If you are trading with leverage you can lose 70% of the time (if you keep your losses small) and win just 30% of the time (if you run your winners) and still make triple digit gains!

The key to Forex is simply trading with discipline; forget your ego, learn to lose keep losses small, have faith in your system and the courage to run your winners and you can enjoy currency trading success.

New Forex traders think geeks and mathematicians, make the best traders but they don’t - Why?

Because they think being clever and building complicated trading systems, is the way to make money but as we have seen, simple trading systems always work best. Clever traders also come with egos, they simply hate losing and let their losses run and with leverage that leads to disaster. The best traders tend to be humble, highly disciplined and simply focus on what needs to be done and that’s, keeping losses small and running profitable trades for as long as they can.

Most traders don’t lose because they can’t learn to win, they lose because they don’t adopt the right mindset to succeed. Anyone can learn a method and anyone can adopt the right mindset, if they really want to and you can too.

Tuesday, May 5, 2009

FX DAILY ]

:: FX RATES ::

Tuesday, 5 May 2009

[ FX DAILY ]

Generate FX Rate Sheet with the rate of* (dd/mm/yyyy)

[ * ] MCB 'Indicative' Foreign Exchange Rates

MCB 'Indicative' FX Rates as at 05-May-2009				BUYING			SELLING
COUNTRY	CURRENCY	CODE	UNITS	TT	TC / DD	NOTES	TT	TC / DD	NOTES
AUSTRALIA	Australian Dollar	AUD	1	24.33	24.27	24.07	25.48	25.48	25.61
BAHRAIN	Bahraini Dinar	BHD	1	87.51	86.82	N.D.	92.12	92.12	N.D.
CANADA	Canadian Dollar	CAD	1	27.99	27.92	27.55	29.31	29.31	29.31
CHINA (P'S REP)	Chinese Renminbi Yuan	CNY	1	N.D.	N.D.	N.D.	N.D.	N.D.	N.D.
DENMARK	Danish Kroner	DKK	1	5.98	5.91	5.80	6.20	6.20	6.20
EMU	Euro	EUR	1	43.95	43.83	43.42	45.90	45.90	45.90
AUSTRIA	Austrian Schilling	ATS	1	N.D.	3.19	3.16	N.D.	N.D.	N.D.
BELGIUM	Belgian Franc	BEF	100	N.D.	108.65	107.81	N.D.	N.D.	N.D.
FRANCE	French Franc	FRF	1	N.D.	6.68	6.63	N.D.	N.D.	N.D.
GERMANY	German Mark	DEM	1	N.D.	22.41	22.24	N.D.	N.D.	N.D.
HOLLAND	Dutch Guilder	NLG	1	N.D.	19.89	N.D.	N.D.	N.D.	N.D.
IRELAND	Irish Punt	IEP	1	N.D.	55.65	54.55	N.D.	N.D.	N.D.
ITALY	Italian Lira	ITL	1000	N.D.	22.64	22.40	N.D.	N.D.	N.D.
SPAIN	Spanish Peseta	ESP	100	N.D.	26.34	25.86	N.D.	N.D.	N.D.
HONG KONG	Hong Kong Dollar	HKD	1	4.26	4.23	4.13	4.44	4.44	4.44
INDIA	Indian Rupee	INR	1	0.66	0.65	N.D.	0.69	0.69	N.D.
JAPAN	Japanese Yen	JPY	100	33.31	33.22	32.44	34.88	34.88	34.88
KENYA	Kenyan Shilling	KES	100	42.53	42.20	N.D.	44.30	44.30	N.D.
KUWAIT	Kuwaiti Dinar	KWD	1	113.50	113.20	105.13	119.47	119.47	119.47
MALAGASY	Malagasy Ariary	MGA	100	1.66	1.60	N.D.	1.73	1.73	N.D.
MALAWI	Malawi Kwacha	MWK	1	0.23	0.22	N.D.	0.24	0.24	N.D.
MOZAMBIQUE	Mozambique Metical	MZN	1	1.18	1.12	N.D.	1.26	1.26	N.D.
NEW ZEALAND	New Zealand Dollar	NZD	1	18.96	18.91	18.61	19.85	19.85	19.85
NORWAY	Norwegian Krone	NOK	1	5.07	5.04	4.91	5.25	5.25	5.25
PAKISTAN	Pakistan Rupee	PKR	100	40.97	40.65	N.D.	43.13	43.13	N.D.
SAUDI ARABIA	Saudi Arabian Riyal	SAR	1	8.91	8.84	8.72	9.38	9.38	9.38
SEYCHELLES	Seychelles Rupee	SCR	1	N.D.	N.D.	N.D.	N.D.	N.D.	N.D.
SINGAPORE	Singapore Dollar	SGD	1	22.29	22.23	22.13	23.34	23.34	23.34
SOUTH AFRICA	South African Rand	ZAR	1	3.94	3.92	3.87	4.16	4.16	4.16
SRI LANKA	Sri Lanka Rupee	LKR	100	27.48	27.27	N.D.	28.93	28.93	N.D.
SWEDEN	Swedish Kronor	SEK	1	4.23	4.19	4.10	4.38	4.38	4.38
SWITZERLAND	Swiss Franc	CHF	1	29.15	29.08	28.94	30.526	30.526	30.53
TANZANIA	Tanzanian Shilling	TZS	100	2.451	2.39	N.D.	2.58	2.58	N.D.
U.A. EMIRATES	UAE Dirham	AED	1	8.90	8.78	8.25	9.37	9.37	9.37
U.K.	British Pound Sterling	GBP	1	49.15	49.03	48.90	51.47	51.47	51.47
U.S.A.	US Dollar	USD	1	32.63	32.55	32.52	34.15	34.15	34.48
UGANDA	Ugandan Shilling	UGX	100	1.45	1.42	N.D.	1.53	1.53	N.D.
ZAMBIA	Zambian Kwacha	ZMK	100	0.59	0.58	N.D.	0.63	0.63	N.D.

ND: NO DEALINGS

FIXED EURO CONVERSION RATES
ATS	BEF	FRF	DEM	NLG	IEP	ITL	ESP
13.7603	40.3399	6.55957	1.95583	2.20371	0.787564	1936.27	166.386

Important note about this rate sheet:

All rates are indicative only. They are based on information from sources which the Bank verily believes to be authentic, though its timeliness or accuracy cannot be warranted or guaranteed. The MCB Ltd issues no invitation to anyone to rely on this bulletin and neither we nor our information providers shall be in no way whatsoever, liable for any errors or inaccuracies, regardless of cause, or the lack of timeliness of, or for any delay or interruption in the transmission thereof to the user. The rates are subject to change at the Bank's discretion. Whilst every effort is made to ensure the information is accurate, you should confirm the latest situation with the Bank prior to making any decisions.

By accessing and viewing this website you agree to be bound by its terms & conditions of use.