Archive for May, 2010

Forex Is A Scam Market

This video will give you a good preview of how the forex market is a scam, and is controlled by a computer program and doesn’t really go up and down via buying and selling, but rather goes up and down via a computer program, which is designed to take your money. Don’t trade the forex market….

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PM Forex Trading Outlook – DailyFX February 19, 2010

John’s Trades: EUR/GBP; Long USD/JPY Daily wrrap-up of the US Forex market trading session with DailyFX Currency Strategist John Kicklighter. Includes coverage of economic and financial market news, as well as an outlook for the next 24 hours and trading ideas. Produced by: www.DailyFX.com

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Forex Trading Strategies

www.GoodGuideOnly.com – The Advantages of using Forex Trading Forex Trading Strategies If youre a potential investment player whod like to make it big in the business and financial world, then you go for forex trading. The FOREX, also known as the foreign exchange market is one of the largest financial markets in the world with and estimate of .5 trillion turn-overs every day. Here are a few strategies on how to make it big in the forex market. Know your market The best way to get advantage, earn profit and minimize losses is to familiarize yourself with the market and how the whole system works. In the forex market, the players are usually commercial banks, central banks and firms involved in foreign trade,… investment funds, broker companies and other private individuals with large capital. With the speed and high liquidity of asset, most companies engage in this business than trading venture.in any other Transactions are done in a jiffy; there are no membership fees and there is always the allure and promise of big, big profit. Trading is done in pairs. The most commonly traded currencies are usually the US Dollar, Japanese Yen, Euro, British Pound, Canadian Dollar, Australian Dollar and the Swiss Franc. The more commonly traded currency pairs are the US Dollar and the Japanese Yen, the Euro and the US Dollar, the Swiss Franc and the US Dollar. In Forex trading, everything is speculative and virtual. There is no actual product being sold or bought. The activity

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FOREX VIDEO – London Session Review – May 19, 2010

More of the same today on the collapse of the Yen pairs, or so it seemed it was setting up to be. With Asia into Pre-London buying up the Yen pairs into the London open, London traders started their day at Fibonacci resistance, how perfect for some shorting to take place. In this video I show how even if one missed the initial entry, which was easy to do with the volatility we were seeing at the time, keeping a cool head and staying focused on the plan allowed us to capitalize on the second chance pullback paying off in some nice pippage into the London lunch. FXBootcamp London Currency Coach- Christian Stephens

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FOREX VIDEO – London Session Review – May 20, 2010

After the amazing volatility we have experienced lately in the markets, today’s London was shaping up on the charts to be more of a sideways market. We had a triple bottom on cable, other failed lower lows, but also failed higher high’s afterwards. This was shaping up to be a rather ‘trap’ type sideways session. Times like this you take what you can get and be happy with that. In this video I highlight one such trade we set-up in the room together on a EUR/USD long after it had broken a small recent range. We would have to see a high quality entry to even consider a long on EUR anything as it has been weak as ever of late. Using a decent Fibonacci pullback to overlapping ema support offered us our chance to grab this long which ultimately failed to make a higher high past major 1.2440 recent resistance zone. Even with the failure however, it was possible to take 50 pips off of this trade depending on how it was managed. FXBootcamp London Currency Coach- Christian Stephens

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