Written by Ahmad Hassam on August 20th, 2009
Almost every forex broker offers a free practice account to new clients. All you need to do is to sign up with any good forex broker. The best way for new traders to get a handle on what forex trading is all about is to open a practice account.
Written by Desmond Healy on August 13th, 2009
The development of the World Wide Web has been very drastic for the fast few years. Since its introduction in the early 1990′s, it has progressed miles from where it has started. The demand for the access of Internet has grown very fast in a very short span of time. The Internet has been used for lots of purposes like getting information for certain researches, but a lot of business-minded people have even used the Internet for online wealth creation. A good thing about this, everyone can do it. Why not try it?
Written by Ahmad Hassam on August 6th, 2009
A breakout typically occurs when the currency price moves beyond the period of consolidation or range trading. Who doesnt want to reap massive profits from a big price move in a short time? This is what breakout trading can provide you.
Written by Ahmad Hassam on August 2nd, 2009
Fading breakouts refers to trading against breakouts. When we believe that breakouts from support and resistance levels to be false and unsustainable we fade breakouts. Suppose you believe that the currency prices will not be able to follow through action in the direction of the breakout. You trade in the opposite direction of the breakout.
Written by Ahmad Hassam on August 1st, 2009
In case of currency trading, the cost of trading is hidden in the bid/ask spreads offered by the broker. Day traders often rake up major commissions charges if they are trading stocks which makes it that much more difficult to beat the overall market. In the end, if you are unable to breakeven, you cannot survive long in day trading. So the more you day trade, the higher your trading cost will become.
Written by Megumi Burr on July 2nd, 2009
Cash gifting is both an age-old practice and a popular internet opportunity. Legitimate and legal when properly done, cash gifting systems include the Magnetic Cash Gifting System, TLC 2003, and The Overnight Cash System.
Written by Ahmad Hassam on July 1st, 2009
Understanding how to interpret a MACD divergence can be very helpful for you in trading. Do you know what does a MACD Divergence means? Just that the current price trend is running out of steam. It soon may reverse direction. However, price reversal may not happen right away. But a MACD Divergence is a powerful hint. The market is changing direction. It is easy to spot MACD crossovers and dramatic rises. Not so a MACD divergence. Spotting a MACD divergence will only come after practice.
Written by Ahmad Hassam on June 28th, 2009
You are a currency trader. Which currency pairs are the best for trading? Focus on the four major currency pairs EUR/USD, GBP/USD, USD/CHF and USD/JPY. Consider becoming a specialist in USD. Yes, its true! You should become a specialist in trading the greenback.
Written by Ahmad Hassam on June 22nd, 2009
Everyone wants to buy gold. Gold is the ultimate global currency. US Dollar used to be pegged to gold before 1973. But with the collapse of the Bretton Woods System that year, US Dollar was unpegged from gold. It became a freely floating currency. Free floating for a currency means the value of the currency is determined by the fundamentals of supply and demand.
Written by Jonathan T. Karolbin on June 14th, 2009
This is one of the easiest ways I’ve ever seen to make money online. All you need is an internet connection. It doesn’t matter what your background is. You could be a doctor and this will blow your mind. You can set this up and then let it work for you.