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Sunday, July 18, 2010

Zulu Trade

Among the safer ways to learn how to be a Forex trader is having access to real time charts from more experienced traders.
  It's easy to get lost in the amount of data the world economy puts out every day on how world commerce is working.
   TRading strategies for Forex that actually work, consistently, involve not just handling the data, refining it to simple choices, but also seeing how experienced traders act on the same data.
   The "financial news sources" only give vague, and usually dishonest reports.
  There is one trading tool that can give the beginner a real edge: Zulu Trade.

on MySpace there's a "currently listening to" box.... i'm currently listening toThe Girl with the Dragon Tattoo.

Saturday, July 10, 2010

3个技术极客发出以下誓言:

2009年2月28日 ... 我说的最好的外汇交易系统: 是用于决策买卖的,能判断买卖点的,准确率 ... 回复这位同志:我认为目前最好的外汇软件是:汇顺BS软件


What does all that say? 
Real traders trade forex. Real traders trade real money.


The global foreign exchange market is the largest trading activity in the world. The 3.2 trillion USD daily turnover dwarfs the combined turnover of all the world's stock and bond markets.
There are many reasons for the popularity of foreign exchange trading, but the #1 reason is simply that world commerce cannot happen without a market for the currencies used in trade.

Becuase of this fact, real traders--not those "wall street types" created exchanges for their own acitivities--while they continued to hype common stocks on tv.

Of course many commercial organisations participate purely due to the currency exposures created by their import and export activities, but the main part of the turnover is accounted for by financial institutions. Investing in foreign exchange remains predominantly the domain of the big professional players in the market - funds, banks and brokers. Nevertheless, any investor with the necessary knowledge of the market's functions can benefit from the advantages stated above.
In the following article, we would like to introduce you to some of the basic concepts of foreign exchange trading. If you would like any further information, we suggest that you get software for forex trading on this website, where you will be able to exchange views with other Forex traders and get answers to any questions you might have.

Saturday, July 3, 2010

Bp and Currency

at some random places around the net, like  BP Sux Info there has been some offered commentary about BP's loss of leverage in the commodities markets. BP got caught manipulating propane prices a while back. and certainly the run to $140 oil had BP's fingerprints on it. Underneath the manipulation was other maniuplation by Goldman-Sachs to suck cash out of the US economy to cover the collapse of mortgages that was already a world wide disaster waiting to happen.
   Something like the Macondo Disaster will have currency implications. They may be hard to figure, but the right software will show the dinosaur hourses like BP, XON, or GS moving in response. Going along for the ride for a few pips may be all you need to do for the month to keep your own mortgage secure.

slow up moves by China

the recent g-20 discussions confirm what i call "weakness" in chinese currency. the trend line suggests to me that the 3% drifting range is designed to provide domestic damping in china.
   the malasian area is becoming interesting for longer holds. i expect some firming of indfustrial relations with the us, causing a longish hold to be worth thinking about...possibly thry govt debt.

Sunday, June 20, 2010

China Decides to Keep Currency Weak.

One of the ways many people were looking to see improvements in the USA economy was by the Chinese Foreign Exchange rates moving towards a more reasonable equity with the $us.
 
   The Chinese have a real problem on their hands: they need to keep buying US debt--or increase domestic spending past the breaking point. They need to stimulatre actual economic growth and wealth increases in a culture that still does not understand healthy living is part of wealth. There are enormous environmental issues in China--worse than the USA even with the BP Gulf Disaster. There is still enormous poverty in China. Balancing it all out, China has decided to stay the course, and move people out of poverty very slowly, so as not to have a "bust" in their economy.  This means cheap Chinese goods will remain cheap Chinese goods, and cheap American goods will still be too expensive in China.
 
 This pattern will break...when it does, Forex traders who have the right systems will see the signs and be ready to profit.

Sunday, June 13, 2010

Fibonacci and Forex

Ever watch a rose blossom unfold?

The same guy who figured out double entry book-keeping figured out that certain patterns of growth cannot be avoided. As a result, a trading strategy that can see the pattern beginning can identify its end points, and signal the exit.

The pattern of rose petals is an example of this fact of nature. And it doesn't matter where the rose grows--in a back yard, or a Colombian mountain, in Peruvian gold sands or a florida hot house, the petals unfold the same way.

A lot of the babble you hear from day traders about ascending triangles, inverted tombstones, etcetc are just attempts to discern these underlying rhythms of growth.

Among the many tools a smart Forex Trader will have on hand is this Fibonacci Killer Formulas that can give an edge.

 The big houses --jpm, goldman-sachs--use these formulas for billion dollar trades. by seeing them moving, you can go along for the ride for a thousand bucks a day. They won't care, because until you're the size of Greece,  they'll never see you.

Wednesday, June 9, 2010

Forms of hedges

Forex trading strategy is based on the idea of helping some business hedge a bet.
  That is how "pips" are made and lost.
The Forex trader must have confidence in having a stream of buyers available for any positions he has. Those buyers are driven by the need for local currency, fear of a currency they have, greed for a "safer" currency.
   Factorsd like the retirement age in Greece-which wouldn;t make any difference at all to bthe average American--become $$$ profit opportunities when major nations realize the model is not sustainable, and flee Greek currency, making the price Greece pays to get loans go up in real numbers, regardless of the "stated" interest rate.
  
For instance, if BP is forced to pay for the Gulf disaster, i mean really pay for the mess at that well, then it will be selling pounds sterling and buying $us, because it will have to pay the claims to Americans, who don't have any immediate use for euros or pounds sterling.

So regardless of the state of the British economy, there may be "pressure" put on the British pound.

The "sounds" and signals of a Forex trading system kick in when those clouds of problems turn into a rain of activity, which can also turn into Exile on Main Street
 as the breach of Trust
 has to be healed.