Forex Trading 101

if you want the banking cartels out of business that literally enslave the people by not allowing enough base money in circulation to pay back the interest all the money loaned out why do liberals not support allowing the market to choose what is money. Today if you use something other than the dollar as currency you will be put in jail. This would immediately put an end to the wealth transfer from the banking cartels and restore the middle class.

You know what would restore the " Middle Class?" Giving us the ability to work and to keep the money that we make. But, noooo, We make up the largest portion of American taxpayers, although we don’t pay the majority of the taxes, we just have more ways for the Government to stick it to us, because we don’t have write offs or tax loop holes.

Economist argue that when exchange rate decrease, the inflation increase in local market. I don’t get the link this two factors. can you explain?

There are two possible causes.
1. exports increase so that there are less goods left in the country.The domestic price increases.
2. imports are more expensive, especially oil.If the country’s consumption of oil like this,it is likely not avoidable.

What function does the currency market perform?

The same function as any other market. It is a place where people who want to buy something meet people who want to sell something. In the supermarket you want to buy bread or milk in exchange for dollars and the grocer wants to sell the bread and milk. In the currency market, someone wants to buy Yen or Euros in exchange for dollars, and someone else is willing to sell Yen or Euros. Thus the currency market facilitates international exchange, because you may need euros to buy products from a French or German company, and someone else needs your dollars to buy products from a US company or to pay debts denominated in dollars.

for long term and intraday?

what do you think and how?

Both are ridiculously hard to be successful in. Long or short term. Trade stocks successfully for 3-5 years & then consider these markets.

China has been demanding of the EU to recognize it as a market economy. The same was asked of Brazil and several other countries but none has relented. How does China expect the world to recognize it as a market economy while it keeps manipulating its currency? Not to say of the numerous entry barriers that it has erected for the foreign players in the Chinese market.

The EU should not recognize China as a market economy.

With the many FOREX currency systems available, you can in theory, simply turn your computer on and follow the signals to generate automatic profits.

That�s the theory – but the fact is, there are many FOREX currency systems sold that are obvious scams, and the systems will never work.

This article aims to give you tips on picking systems that can make money, and avoid the scams.

There are two main reasons why most FOREX currency trading systems fail to live up to their Hype:

1. Black Box Systems

These are systems where the logic is not revealed to the buyer – and for a FOREX currency trading system to be used successfully, the trader must have confidence in it.

If you don�t know the logic of the system, you will not have the confidence to follow it when a losing period occurs.

You need to follow a system rigidly to make money – otherwise you may as well not have a system in the first place.

Using a FOREX Currency trading system is all about having the discipline to follow the system – and if you don�t have confidence in the logic, you will never do this.

2. Curve Fitting and Optimization

Another indication of a currency trading system that is a scam, is one that involves curve fitting, or optimization.

These systems give a fantastic performance in back testing – because of the tweaking of the system rules, to make them fit the data, and produce profits.

A trader once likened this to shooting holes in a barn door, and then drawing circles around every hole – to make each shot look like a bull�s-eye.

Let�s face it, we would all be millionaires, if we had tomorrow�s news today – but we don�t.

Avoid any system that offers unique rules, or many variations for trading different markets.

If the system is based on solid logic – it should work on ANY trending market, and should not be optimized, or curve fitted to an individual market.

You will never see a hypothetical performance that fails!

Most unscrupulous vendors achieve great performance by making the system fit the data – and this causes the system to fail in real time trading.

Here are four tips, to help you separate out the scams, from the good FOREX currency-trading systems:

1. The Rules and Logic are Fully Explained

You will then have confidence in the system when it suffers a string of consecutive losses.

2. Some Evidence of a Real Time Track Record

Has the system has made money in the real world of trading?

This is the acid test of a system. If there is not a real record, look for a hypothetical audit done in real time – many systems do this before launching, and this gives a good indication of how the system will perform.

3. Look for Simple Systems

There is absolutely no correlation between how complicated a system is, and its profit potential. In fact, simple systems tend to work best, and will tend to be more robust in the brutal world of trading.

Most of the top FOREX currencies trading systems are based on simple logic.

4. Avoid any Optimized System

As already mentioned, if the system has sound principles, and then it should work on a broad spectrum of financial instruments – avoid any system that optimizes individual markets.

Not all FOREX currency trading systems fail – but if you want to get one that works, be realistic and do your homework first.

Disclaimer: I am not going to sign up for any site, sign up for any course, by some crappy books, or anything like that. If you really think a course will help, give me a summary of what is learned(like a course syllabus).

I want to know how to get started. Like how to research, how gains are made, how money is made off of it, etc. Mostly what i’m asking for at the moment is common knowledge, like what is the skill needed to make gains, etc.

Stock Market for beginners explained….

http://www.tradersdaytrading.com/stock-market-basics.html

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….

Duration : 0:6:58

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Weekly Ichimoku Technical analysis for the Currency / Forex market. We analyze various currencies i.e. EURUSD, GBPUSD, USDJPY, etc. to determine what the sentiment for the market is as well as checking to see if a trend is occurring. If you are a day trader, swing trader, long term trader, etc, watch this video! You can follow us on twitter at kumotrader.

Duration : 0:7:50

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IT’S ALL ABOUT ONE SIMPLE THING – - ACTION!!!!!!!!

How many times have you had an idea and didn’t take action on it, just to have someone else get rich off the same idea?

If you had taken action you would have been “THAT guy” that got rich.

If you want the life you have always wanted – you need to do something about it. The truth is Ron never hoped or wished for anything. He took action and made things happen.

FACT:
People that say I “wish” or “hope” ‘someday I can be rich’ – will never be rich.

To find out more click on the link below.
Go To: http://moveto.ws/njwgwlsxo
Go To: http://moveto.ws/njwgwlsxo

Duration : 0:4:35

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