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4:21 AM, Posted by WELCOME, No Comment

We inadvertently gave the financial industry trillions of dollars to support their balance sheets and markets. We did this even though the major banks and brokerage houses simply do not need or do not want this help. Everything was bad in September 2008, but we had to go and stick his nose into the world of high finance.

Now we are doing even worse, trying to tell them how much to pay people what risks they can take themselves and what business kosher. Suddenly, we felt that understands the business of banking is better than the bankers themselves. We know who they should lend. We have a firm idea of what they are doing with our money.

We regret this.

We are sorry that we want to close monitoring of our money supply. We regret that we want to have state protection for our deposits, our current accounts, mortgages and credit cards. Maybe we look like simpletons, but we feel nervous when they lose jobs and are forced to sell our homes at a discount to eat.

It's our fault.

The fact is that Wall Street masterfully handled the bills. And we must recognize that the fee for an overdraft, rising interest rates and the collapse in the mortgage market - it's our fault, not the banks.

Funny, but Blankfeyn Lloyd (Lloyd Blankfein), executive director of Goldman Sachs Group Inc. will be forced to continue to apologize for the success of his company. He said that in view of the retrospective approach, Goldman would have done much differently. Goldman took the wrong position. However, during these comments on January 14, he said of the bets placed by Goldman against toxic mortgage securities, which they sold to customers. In the end, is the work of the lord.

Lloyd Blankfein, Reuters photo

I think I speak for all when I write this: Sorry Lloyd, I do not know how we came to such confusion. I think because they pay you big money ($ 68.5 million in 2007).

But, please understand, we had the best intentions, when we interfere with our "nalogoplatelschikovskoy" help.

When your balance sheets look like, if you have problems, you had been developed and introduced Paulson's plan to $ 700 billion.

We just want to support you temporary credit facilities secured by a pledge, a program designed to give the industry $ 200 billion in loans for "top-rated" credit cards, small business, student and auto loans.

$ 30 billion of public-private investment programs were intended only to ease the burden of bad assets on your balance sheet. When this program is no longer look so promising, we just tried to let you get rid of it, changing the accounting rules, which allow you to self assess the value of the junk.

When you are not able to issue debt, we told the federal deposit insurance corporation, the organization responsible for niche stores, take in ensuring your bonds. You took this without much enthusiasm. 84 bond issue to $ 309 billion have been implemented in the program. Citigroup Inc. issued, $ 64 billion. Goldman issued a $ 21 billion. Bank of America Corp. issued $ 44 billion.

We know that you have done this only to make us feel better.

And when it does not work, we simply told the Fed to buy an unlimited number of mortgage loans and pass one of your partners, American International Group Inc. $ 182 billion as the credit line.

How such actions could be construed as support for banks, despite the fact that they continued to bet on their own money on their own trading platforms, hedge funds and private equity funds - remains a mystery.


Bonuses for the hack
In comparison with the pressure on your bonus, all the above - just child's play. In Goldman average bonus per employee is $ 460,000, only slightly more than 9 times higher than the average income in the United States. Sorry, but not everyone is able to buy Bugatti Veyron, even used, for their pennies. It's so much to promote the automobile industry.

In retrospect, all that money to save, were probably intended for the payment of bonuses on Wall Street. Without such a serious cash, your bankers, probably would prefer to switch to more lucrative jobs elsewhere, for example, in baseball big leagues, or would play the lottery. They would not be aimed at stabilizing the financial system, and subsequent problems - it's our fault for having confidence in you. I understand, we do not pay big money for inference.

No, just cut our retirement accounts «401K», our individual retirement savings and, perhaps, if lucky, our homes. We are too dense to see how the bullet and blast our financial system, and taxpayers can never repay you for what we have experienced over the past two years.

So, Wall Street, excuse us for molestation. Forgive us, and Paul Volcker, a desire to return to boring old banking system. Forgive the sarcasm. And above all, forgive us for our gullibility.

Retail sales according to the Confederation of British manufacturers fell in January predicted

4:19 AM, Posted by WELCOME, No Comment

According to the British Confederation of Industrialists (CBI), the balance of total retail sales (Retail sales volume balance) was -8% in January. Recall that in December the figure stood at 13%, and in January, is expected to fall to 11%.

Projected CBI, the situation stabilized in February, with the balance of retail sales improved to -1%. In general, it is expected that recovery will occur uncertain and weak during 2010.

Wholesale sales fell sharply in January (-38%), but is likely to increase in February (the forecast +9%).

British Industrialists Confederation represents the interests of some 240 000 organizations, which employs one third of the workforce of the private sector. The January survey was based on survey of 140 firms.

Published Standard & Poors index of house prices Case-Shiller, which includes data on the 20 largest cities in the U.S. fell in November to 0.2% compared to the previous month.

At the same time housing prices rose in November in five of the twenty cities.

In annual terms, the price index for housing fell by 5,3%. It was expected that prices will be lower by 4,9% compared with last year.

According to the index Case-Shiller, home prices in 20 major U.S. cities fell by 32.6% compared with the last peak price.

Increased in January, optimism about the current economic situation in the United States led to the growth index of consumer confidence to record levels over the past 16 months.

The index of consumer confidence rose in January to a mark of 55.9 compared with 53.6 in December. Rate was at a record high in September 2008, and its growth continues for the third consecutive month.

Nevertheless, the index of consumer confidence in the U.S. is still at a very low level, considerably below the average value of 95.0.

Support the current situation index rose in January to 25.0 compared with 20.2 the previous month. Index of consumer expectations have increased from 75,9 to 76,5.

The euro fell against the Dollar

4:19 AM, Posted by WELCOME, No Comment

Euro fell against its U.S. counterpart, the Asian session today, reaching the lowest level since June 14. Now go out data on unemployment in Germany is projected to rise.

Euro / dollar fell below the psychologically important level of 1.4000, bargaining is currently around 1.4005. The breakthrough level of 1.4000 may cause further growth of the dollar in the medium term, however, according to indicators of momentum, the pair traded in the over-sold. Pare supports at 1.3945 and resistance at 1.4225.

Pair Pound / dollar consolidated in the range 1.6250 - 1.6120, and currently is trading around 1.6180. Pare supported at 1.6150, along with the resistance 1.6265, and the four-momentum indicators show downward movement today.

The dollar rose against the Japanese yen, reaching 90.38. Today, the resistance can be found at 90,45 and 88,60 in the support. In accordance with the rates of stochastic, we expect that the couple will show further growth and breach the resistance level will result

Gann rvm v4 MT4 Indicator

4:18 AM, Posted by WELCOME, No Comment


Indicator Gann rvm paints a channel through which we can determine the trend in the market. The indicator has settings that can help you configure chuvsvvitelnost indicator.
If the price is above the channel Gunn - then rynkepreobladaet bullish trend. If the price is below the channel Gunn - then the market bearish trend. If the price is inside the channel Gunn - a market dominated by fletovoe state.


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Gann rvm v4.mq4

AUDJPY: Price Alert

4:17 AM, Posted by WELCOME, No Comment

What the heck, I may as well jump out on a limb and let you know what I'm seeing with the AUDJPY.

Basically, if you look at the chart, we've had a good support line since the beginning of November.

Now, if I've got the right chart uploaded, take a look below:


Personally, I'd suggest taking a long position when the price approaches the support line. You can set a nearby stop and protect yourself from much by way of downside risk.

The only issue, for me, is that Sunday trading seems a bit wild at times.

UPDATE: Well, I hope somebody played the bounce...

Since the trading robot, BREAD, was predominantly sidelined for the last couple of weeks I felt the need to do more discretionary trading.

While the capital used wasn't very large it felt great to pull in a 34% increase over the course of the week. If I could scalp like this all the time it would definitely spell the end of the day job. I have dreams of setting up a trading office with spacious rental cubes available for other traders. Rookie's trading pit.

Back to reality, BREAD on the other hand snailed along earning 2.4% and 1.7% over the last two weeks. Sometimes I think I live in Bizarro world when I have disdain for a 100% annualized rate of return...

In any case, I think the long tail of H1N1 recovery has finally come about. I should be able to concentrate both on my day job and on creating new robot strategies during evenings.

AUDJPY: Technical Analysis

4:16 AM, Posted by WELCOME, No Comment

Well, my posts are few and far between these days.

In case anyone else is still following long here is some good information on the 3hr AUDJPY.

We have a nice symmetric triangle going all the way back to November 25th.

See?


I'm expecting this to break (upward) and then run into a downward sloping resistance line on the 1d AUDJPY. However, we'll have to wait and see. I've been wrong (more than a few times) before.

UPDATE: Here we have the price dropping, on the 1hr, giving us a good entry point. We can easily set a stop loss relatively close while targeting the upper boundary for profit. However, as there was news earlier, we may find that the support line yields to changed market expectations.


UPDATE: The bar isn't closed on the 1hr but it's almost 11:00pm ET and it looks like we are breaking downward at the moment.

AUDJPY: Signs Of A Bottom?

4:15 AM, Posted by WELCOME, No Comment

First, I have to warn you, I'm eternally bullish on the AUDJPY. This means I'm wrong on my predictions a fair amount due to my long term viewpoint.

With that said, I've noticed a chart sign that implies some possible upward movement.

Take a look:


It may not be easy to see, but notice how the recent tails, at 09:00, under the last few candlesticks did not project below the closing prices during a recent, at 03:00, previous low?

Up until now, for days now, we'd see the close of each new low at the level of the tails of previous lows. This doesn't mean we can't go further down -- especially during the Asian session. However, it does mean that we have the potential to be running out of downward pressure.

If so, whether it is short lived or not will depend on upcoming news and the impact this has on the sentiment of traders. As you know the political unrest in the US and the tightening in China has set the mood negative lately.

UPDATE: Boom. Instant downward movement to invalidate my sign. The fact it showed temporarily may hint at trend weakening. We do have a fair amount of gloom and momentum to work through.

UPDATE: It's now 23:00 and AUDJPY has just risen to just under 81.60 which would seem to suggest that downward pressure had indeed been flagging. Of course, nothing goes straight up or straight down... but trading 100+ point moves is rather nice.

Should Germany bail out Club Med or leave the euro altogether

4:14 AM, Posted by WELCOME, No Comment

Germany before the terrible dilemma. Or the cashier agrees to save Europe and Greece refuses to strong opposition to the irreconcilable European countries, treasury, debt union, or the euro will fall apart, and with it the investments and strategic post-war Germany.

Leap spread to 400 basis points between the yield 10-year Greek bonds over German was amazingly fast, which may serve as a warning to Britain that the market could suddenly put pressure on any country without a doubt, accepts the terms of the creditors.

We can argue about whether Greece, Portugal and Spain are at risk of being displaced from the euro area, but there's another pressing question: if these developments will push Germany and its sattelity to abandon and transfer guardianship of the European Economic Union (EU) bloc in central Europe?

This is the only script output, which makes sense. Germany's withdrawal will allow the countries of central Europe to maintain contracts in euros and devalue the lowest loss for the domestic debt markets. Germany could enjoy the profits, falling from the sky. Deutschmark-2 could be stronger. The cost of credit would fall. The gap in competitiveness between the north and south could be overcome with less damage to both sides.

Clearly, the position of Germany in the EU is very convenient. Compressing wage in a decade, they have excluded the possibility of growth of the EEC. Critics call this unfair policy of "beggar my neighbor". It's just the way that operates with the Lutheran community, and it contrasts with how come Catholics, causing a "cultural clash" that should take a pause for reflection before the European elites to think of their actions before they begin to act swiftly.

German goods have flooded the south. During the 12 months up to November, German Benelux accumulated current-account surplus, equal to $ 211 billion: Spanish shortfall of $ 82 billion, Italian - $ 74 billion, French - $ 57 billion, Greek - $ 37 billion. German industry can not easily go through this acute angle. Nevertheless, in the end, this issue will be resolved by democratic means. In 1990 the German citizens of their leaders had pledged that the rejection of the mark will not lead to monetary disorder, or do not hold them responsible for the debts of the States of Central Europe. It is a sacred promise to the EEC.

"Politically suicidal will tell voters that they can save another country so that they could avoid painful cost-saving measures that have previously passed themselves" saviors. " Such assistance, sound, or, worse yet, no, in any case be counterproductive. "

Dr. Weber rights on both counts. New loans will not bring anything good of Greece at this juncture. Greece already has a national debt, striving for 138% of GDP by 2012 (according to Standard & Poor's), which indicates untwisting the debt spiral. EU elites have yet to admit that Greece and most of the countries of central Europe in need of gifts, not loans, which are similar to the transfer issued by East Germany after unification or eternal grant of northern Italy to the south.

Athens promised to cut the budget deficit by 10% of GDP in the next 3 years, and that the country is slipping lower and lower, faced with a 20% unemployment rate by year's end, has a fragile banking system, and has already lost control of the streets even before the announcement of the beginning reduce costs. Such a policy is economically harmful as it creates the risk of collapse of the tax system and tipping the country into a depression, but I will put up with it the Greek society?

The Government of Papandreou's cunning, inviting the European Commission to create a vice-royal inspection in Athens, to focus on her people's anger. Media talk about "custody". Ta Nea, Athens newspaper, wrote about the "ultimatum" and "suffocating deadlines, aimed at cutting salaries and pensions. "Either we obey orders to implement austerity measures and risk having to face social unrest, or we refuse to follow orders."

Problems of Spain are not as urgent, but the country lost so many competitive advantages during the early boom of the EEC, that this led to the debt trap of negative real interest rates. External corporate debt dangerously high. The budget deficit amounted to 11.3% of GDP last year. Madrid has suspended a reduction of 50 billion euros to sweeten the markets, although the unemployment rate is already at around 19%. The unemployed typically receive 50-60% of the earnings from the last job for 18 months, then payments stopped completely. The social catastrophe occurs with a delay. How many more cuts will be able to Spain before the Catalan, Basque and Galician separatism "lift for the buck" the Spanish state?

As a way to survive, without monetary austerity and monetary incentives justified. This policy must fail, because it is based on the fact that countries with high debt loads will be able to restore the high level of competitiveness within the EEC against zero inflation in Germany. Such a strategy will lead them to the debt deflation spiral.

Europe will have to take the "fiscal federalism", if she wants to preserve the integrity of the monetary union. Right here and show solidarity outside the EEC. Hedge funds pose to the fact that Berlin would pay to maintain stability. There is no doubt that Chancellor Angela Merkel (Angela Merkel) holds similar views, but the Free Democrats - not, as Christians and social Bavaria, or the finance committee of the Bundestag. Minister of Economy Rainer Bruderle (Rainer Bruderle) said last week that financial aid will not, regardless of the risks to the EEC. It's just a policy of confrontation?

Built by the EEC had been warned in the early 90's that monetary union could become unusable as soon as created. They laughed, convinced that any crisis can be used to accelerate the pace of economic integration. Head of the Commission, Romano Prodi (Romano Prodi) later confirmed the deal. Euro will force us to introduce a new set of economic policy instruments. Now it is politically impossible, but when a crisis occurs, and new tools will be created. "

Reserve Bank of Australia kept the main rate at 3.75%

4:13 AM, Posted by WELCOME, No Comment

At the meeting on Tuesday, February 2, Committee on monetary policy the Reserve Bank of Australia kept its key interest rate at 3.75%. The decision came as a surprise to market participants, as economists predicted rate increase to 4.00%.

Glenn Stevens, head of the bank in its statement after the meeting indicated that economic conditions in Australia are improving faster than predicted earlier.

Inflation, as expected, fell from a peak in 2008, in particular, reflecting the decline in commodity prices in late 2008, a marked reduction in labor costs in the private sector during 2009 and growth of the exchange rate. It is expected that inflation will meet the target value in 2010.

Because the risk of a serious economic recession in Australia is already behind us, the Committee on monetary policy the Reserve Bank of Australia moved to raise the basic interest rate for the previous meetings. The Committee believes that it is now necessary to maintain the current monetary policy in connection with the fact that the effect of previous changes are not yet fully understood.

If economic conditions will develop in line with forecasts, the Committee will continue to adjust monetary policy to ensure that the inflation target value in the medium term.

pfd Sigkom MT4 Indicator

4:13 AM, Posted by WELCOME, No Comment


This is a commentator, shows that is currently happening at rynke.Commentator makes analysis 7 indicators: Indicator Eliot Wawe, Indicator RSI, Indicator MACD, Indicator Aroon, Indicator ADX, Indicator CCI, Indicator, William Percent and reported trends in moment. Also, daily reports every day pivot points (points of trend reversal), while the beginning of commerce - Start Trading Hours and time of completion of trade - End Trading hours, and level of support - S/1/S2/S3 and resistance - R/1/R2/R3.



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pfd Sigkom.mq4

BetterVolume_1.4 MT4 Indicator

4:12 AM, Posted by WELCOME, No Comment

Red Bar - a wide range bolshoyobem (climax bar). It can be observed at the beginning of an uptrend, vkontse uptrend and the continuation of the downtrend.

The green bar - a narrow range, vysokiyobem (highchurnbar). It may be observed at the beginning of an uptrend at the end of the uptrend and downtrend to continue ..

White bar - low volume, shirokiydiapazon (lowchurnbar). It may be observed at the bases, tops, and the continuation of the uptrend.

Yellow bar - low volume, nizkiydiapazon. There in ibid. where low churnbar (white bars).

Bar color magenta-climax of the volume, plus high volume churn - a rare combination.



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BetterVolume_1.4.mq4

Wealthy Face Tax Increase

4:10 AM, Posted by WELCOME, No Comment

Budget plan, for which Radel staff of the Senate, has caused controversy in Congress about what to do with the tax benefits of the Bush era, President Obama wants to phase out the incentives to hold the deficit.

Washington - The $ 3.8 trillion budget for next year Obama laid to increase taxes on businesses and households with high income by $ 2 trillion over 10 years, as well as reducing the cost of the program with substantial political support. However, this does not relieve the nation from the growth of debt by $ 8.5 trillion in the next 10 years.

The budget plan for taxes in 2011 requires the growth of tax deductions equal to $ 1 trillion from families with incomes over $ 250,000 over the next decade, mainly due to expiration of the tax incentives introduced by the previous administration. Nevertheless, the Bush tax breaks for the middle class, plus cutting taxes already on the employment program will cost the Government to Obama's $ 284 billion over the next decade.

Banks and multinational corporations face new fees and charges. Oil companies lose $ 36.5 billion in tax breaks over the next decade.

Politically difficult choices in forming the budget underlines the deep fiscal hole, in which the country found itself after decades of deficits and deep recession. All this adds heat to the debate in an election year, about the size and scope of government activities, actions by paying Americans.

"All this shows that we are in much worse shape than the states," - said David Walker (David Walker), former chief financial inspector of the United States, which currently is president of Peter G. Peterson Foundation, a group of experts which focuses on reducing the budget.

Analytics budget says that the plan for the fiscal year that begins in October, shows the efforts of the obstacles in the way of Obama's closing the budget hole without raising taxes for the vast majority of Americans.

Obama's budget is subject to approval by Congress, and he is unlikely to pass without significant changes. In the past year, proposals to limit tax deductions for households with high incomes, and selling the rights to pollute the atmosphere with the purpose of investing these funds in priority areas, do not pass.

One of the conflicts with Congress, which is visible on the horizon, due to the fact that to do with introduced in 2001-2003, tax exemptions on income tax, capital gains, dividend tax and the inheritance, which all together due to expire in January 2011. Obama would extend the relief for the middle class and poor Americans, but would raise taxes for wealthy families, although it was unable to return to the levels of Bill Clinton (Bill Clinton).

The two top income tax rate would rise to 36% and 39,6% from 33% and 35% respectively. For families with incomes of $ 250,000, capital gains and tax rates rise to 20% from 15%. One can say that families with higher income would be faced with taxes of $ 969 billion in the period between 2011 and 2020.

The President ignored the opposition of Republicans against the reduction of costs, which he suggested. Many Republicans say that the budget can be balanced only by reducing costs. However, both parties agree that budget cuts should not affect the defense and the rights of people, such as the right to free medical care.

"What I do not welcome and that just will not accept, because this behavior is calculated for effect, while the camera is turned on and totally irresponsible policies when they are off," - said Obama. "It's time to save what we can spend what must once again live within our means."

Obama has called for the abandonment of the mission to the Moon National Agency for Aeronautics and Space, to stop further production of military transport aircraft C-17 and components for the Joint Strike Fighter, to cut the budget of Army Corps of Engineers and agricultural programs.

President's proposal for the budget for NASA - this is the beginning of the end of the future of American space travel "- said Senator Richard Shelby (Richard Shelby).

Saksbi Senator Chambliss (Saxby Chambliss) agrees with the decision of the president to "rein in government spending," but complained that the proposed budget "unjust is targeting farmers and ranchers to save money and assets obtained by the Washington program.

Even with the increasing taxes and reducing spending, Obama's budget provides a record budget deficit of $ 1.6 trillion in the fiscal year, slipping to $ 706 billion debt by 2014, only to start rising again, as the retiring baby boomers will cause jump up the cost of health and social welfare. By 2020, federal debt will grow from $ 7.5 trillion, or 53% of GDP last year, to $ 18.6 trillion or 77% of GDP.

Kenneth Rogoff (Kenneth Rogoff), Harvard University economist who has studied the experiences of other countries, said that the level of debt would push the U.S. to the point, reaching that interest rates may begin to rise, the dollar might collapse, but the economy will face a crisis. "We feel when we touch it quickly, and you do not want to get to this" - said Rogoff. "Having reached the mark of 80%, we have a real chance encounter with the above course of events."

Obama again said he plans to freeze spending on non-military programs, which constitute about 17% of the total budget. He promised to voice a financial model that satisfies both pariah and will propose ways to reduce the deficit in the short term, while the solution of tax problems, problems of social welfare and free medical service to be solved in the long term.

But the White House was cautious, saying the goal to achieve by 2015 "primary balance" between budgetary expenditures and revenues, not excluding interest payments on debt. MPE uses a standard primary balance for the poorest countries in the world trying to bring its financial condition in order.

Decrease in military spending that began during the Bush administration pushed back until 2012. Increase Obama's military contingent in Afghanistan and the withdrawal of troops from Iraq, known as "cross-border operations, will cost $ 160 billion this year and next, which is $ 46 billion more than projected earlier.

"We need to think more," - said Senator Judd Kregg (Judd Gregg) of New Hampshire, referring to the Republicans on the committee on the budget in the Senate. "I think that the American people are ready for tougher decisions than Congress."

The White House praised the economic growth of 3% for the fourth quarter of 2009 until 2010, which is slightly higher than the consensus forecast of Blue Chip in 2,9%. His estimate of growth for 2011 is 4,3% and is clearly more brilliant than the estimate of economists in 3,2%.

However, the forecast of the White House employment as gloomy as the forecasts of others. Council of Economic Advisers, the White House predicts a solid 10% unemployment rate for 2010 and its decline to only 9.2% in 2011, and up to 8,2% in 2012, which creates pressure on Congress to question the extension of insurance for the unemployed.

By Obama's plan, the budgets of departments of Agriculture, Commerce, Justice, Health, Social Services, Housing and Urban Development would be cut. Total expenditure at the discretion of Congress will drop to $ 1.38 trillion from $ 1.4 trillion. But with rising interest rates, social security, the cost of free medical care and medical services, total spending of the State grow from $ 85 billion to $ 3.76 trillion.

Do you have what it takes to become a successful Forex Trader?

4:09 AM, Posted by WELCOME, No Comment

Forex trading, or any trading for that matter, is an occupation that requires experience and the accumulation of proficiency not unlike any other highly skilled profession. Whether you are a leading executive at a major publically traded company, a professional golfer or trading from your kitchen table, there are 5 key ingredients that one must possess in order to become successful.

1. You must be Passionate about what you do.

As Forex traders we all face one unique set of circumstances that does not exist in any other profession. We get rewarded for when we succeed and equally punished when we don’t! Could you image a corporate worker one quarter receiving a significant accomplishment bonus and the next quarter actually getting money taken from their paycheck for missing performance targets? Not on your life!


We do as Forex traders and that is why passion for what you do will carry you through the tough times that are part of your trading business. Asked yourself why you trade currencies and would you still do it if Forex were not potentially lucrative? Your answers will be quite revealing. You’ve got to feel your passion for trading!

2. You have to Apply Yourself and work hard at it.


I talk to so many people that enter into Forex trading with the aspiration of getting rich quick. Without putting the time and energy into really getting good at trading I see them jump from strategy to strategy looking for the goose that will lay the golden egg and eventually quitting while blaming everything else, except the true cause.

I got news for you – you are the goose and your Forex education is the golden egg. The magic has always resided with the magician and not some strategy. Work hard at trading and the rewards will eventually come your way. Remember what Tiger Woods said, “Funny, the harder I work the luckier I get.” Apply yourself as a trader and it will be no accident when your account begins to blossom.

3. You must Focus to really get good at what you do.

Now here is the hurdle most Forex traders struggle to get over. You have the passion and you are applying yourself to your trade, now focus and really get good at just at what you are doing. Be the expert to the experts at just that one thing. Become the master of a strategy or risk management methodologies. Really focus on getting good at it.

Stop jumping around or getting pulled from the last “latest and greatest” into the next “latest and greatest” and focus on one aspect of Forex trading and know it inside out. Know it strengths and weakness. Set your sights on becoming expert on just one aspect of trading and watch it spill over in all other aspects for your currency trading. This is the time to fail forward fast, use every setback as a learning opportunity that will propel you 3-steps ahead!

4. You must Push Yourself beyond the point everyone else might have quite.

In Forex Trading this is simple. Assume there is someone on the other side of your trade that is pushing themselves and sharpening their edge. To be successful you must you must do the same thing. Now is the time to examine your mental edge. Do you know the single most critical factor in any currency trade? It is you, the trader! Sharpening you mental edge is the most difficult aspect of trading, but also the most rewarding.

Start with your Forex education and gain the self-awareness necessary to maximize your strengths and suppress your weaknesses. Any expert will tell you that trading is 80% mental. It’s time to sharpen your trading to the razor’s edge and you do this through Forex education. A constant and never ending process that will become the cornerstone of your Forex experience.

5. You must, without wavering, be Determined and Persist to your objective.

You will fail. I can state that emphatically. However, you will not be defeated unless you allow your failures to control your trading. It is the old adage; failure is not falling of your horse, failure is refusing to get back on. Your success depends on your ability to dismiss the criticism, rejection, self-doubt and pressures associated with Forex trading.

Defining what is a winning trade, losing trade and bad trade will go a long way into developing you as a successful trader. Without the determination and persistence in all aspects of your trading life, obstacle will definitely appear closer and larger than they actually are.

Take a moment and assess yourself and your trading. Do you have the key elements to succeed? Which areas are presents development opportunities? When conducting a self-evaluation it is critical to be totally upfront and honest with yourself. After all, you will only be dishonest with yourself. One of the most interesting observations you can make is that all key success factors are interwoven. One factor supports the other. This is why your Forex education is a continuous journey of forex strategy, money management and self-mastery. Set these factors as your Forex education goals and take your currency trading to new heights.

Happy Trading!!

Complimentary eBook: Download the full 60-page Deflation Survival eBook now

4:08 AM, Posted by WELCOME, No Comment

Part 2 of Elliott Wave International’s expansive NEW Deflation Survival eBook is online now. The free 60-page eBook is packed with Robert Prechter's most important teachings and warnings about deflation. This is one of the most valuable resources EWI has ever offered at no cost. Learn more below or download it now – for free.
……………
Greetings,

We contacted you earlier this week to tell you about an exciting, free 60-page eBook our friends at Elliott Wave International have just put together.

The new eBook is compiled from Bob Prechter’s most important teachings and warnings about deflation.

Much like Prechter’s wildly popular Independent Investor eBook, this new Deflation Survival eBook will transform the way you think – about inflation and deflation.

Most financial experts were caught completely of guard by the real estate top in 2005. Many thought the Dow Industrials index would sour well beyond its 14,000 peak. Others saw weakness in U.S. stocks but said the dollar would also crash and hyperinflation would immediately ensue.

Only ONE analyst, that we know of, made the following forecasts:

  • Real estate, stocks and commodities would all top.
  • A monumental credit crisis would reduce lending and borrowing around the world.
  • The dollar would rally.
  • Deflation would reign across almost all asset classes.

That analyst’s name is Robert Prechter.

Prechter – a man who’s made the arduous journey from fame to outcast and back – has scoured his complete writings on deflation and compiled the most important into a special 60-page Deflation Survival eBook.

Until today, most of the forecasts and advice in this still-prescient eBook have been released only to Prechter’s faithful subscribers. Now the 60-page Deflation Survival eBook can be yours for free.

Learn more about this unique opportunity by following the link below.

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Irrational behavior

3:57 AM, Posted by WELCOME, No Comment

Hindustan products the market seems to react irrationally to economic or financial news, even if that news is likely to have no real effect on the technical value of securities itself. But this may be more apparent than real, since often such news has been anticipated.

dove products have stocks and other securities can be battered or buoyed by any number of fast market-changing events, making the stock market behavior difficult to predict. Emotions can drive prices up and down.

Head & shoulders shampoo many people use generally not as rational as they think, and the reasons for buying and selling are generally obscure. Behaviorists argue that investors often behave 'irrationally'.

Textiles and cotton when making investment decisions thereby incorrectly pricing securities, which causes market inefficiencies, which, in turn, are opportunities to make money. However, the whole notion of EMH is that these non-rational reactions to information cancel out, leaving the prices of stocks rationally determined.

The Dow Jones Industrial Average biggest gain in one day was 936.42 points or 11 percent, this occurred on
JAN 13, 2010

margin buying

3:56 AM, Posted by WELCOME, No Comment

margin buying, the trader borrows money (at interest) to buy a stock and hopes for it to rise. Most industrialized countries have regulations that require that if the borrowing is based on collateral from other stocks the trader owns outright, it can be a maximum of a certain percentage of those other stocks' value. In the United States, the margin requirements have been 50% for many years (that is, if you want to make a $1000 investment, you need to put up $500, and there is often a maintenance margin below the $500).

A margin call is made if the total value of the investor's account cannot support the loss of the trade. (Upon a decline in the value of the margined securities additional funds may be required to maintain the account's equity, and with or without notice the margined security or any others within the account may be sold by the brokerage to protect its loan position. The investor is responsible for any shortfall following such forced sales.) Regulation of margin requirements (by the Federal Reserve) was implemented after the Crash of 1929. Before that, speculators typically only needed to put up as little as 10 percent (or even less) of the total investment represented by the stocks purchased. Other rules may include the prohibition of free-riding: putting in an order to buy stocks.

Investment strategies

3:56 AM, Posted by WELCOME, No Comment

One of the many things people always want to know about the stock market is, "How do I make money investing?" There are many different approaches; two basic methods are classified as either fundamental analysis or technical analysis. Fundamental analysis refers to analyzing companies by their financial statements found in SEC Filings, business trends, general economic conditions, etc. Technical analysis studies price actions in markets through the use of charts and quantitative techniques to attempt to forecast price trends regardless of the company's financial prospects. One example of a technical strategy is the Trend following method, used by John W. Henry and Ed Seykota, which uses price patterns, utilizes strict money management and is also rooted in risk control and diversification.

Additionally, many choose to invest via the index method. In this method, one holds a weighted or unweighted portfolio consisting of the entire stock market or some segment of the stock market (such as the S&P 500 or Wilshire 5000). The principal aim of this strategy is to maximize diversification, minimize taxes from too frequent trading, and ride the general trend of the stock market (which, in the U.S., has averaged nearly 10%/year, compounded annually, since World War II).

bombay stock exchange

3:52 AM, Posted by WELCOME, No Comment

Institutional institutions cause Inflation can have positive and negative effects on an economy. Negative effects of inflation include loss in stability in the real value of money and other monetary items over time; uncertainty about future inflation may discourage investment and saving, and high inflation may lead to shortages of goods if consumers begin hoarding out of concern that prices will increase in the future. Positive effects include a mitigation of economic recessions,and debt relief by reducing the real level of debt.

BSE Sensex or Bombay Stock Exchange Sensitive Index is a value-weighted index composed of 30 stocks started in 01 of jan, 1986. It consists of the 30 largest and most actively traded stocks, representative of various sectors.

Bombay Stock Exchange. These companies account for around one-fifth of the market capitalization of the BSE. The base value of the sensex is 100 on April 1, 1979, and the base year of BSE-SENSEX is 1978-79.