Author: Sutikno SlametThere are several external factors that affect Forex currency trading. These factors include trade reports, GDP, unemployment, international trade, manufacturing etc. The growth or decline in these factors affects a country’s currency value.Foreign exchange is a continuous global market, providing a 24-hour market access to its players. Since it is open only 5 days a week, so weekend is the closing period. Although foreign...more
Author: Sutikno SlametWhen I thought about some of the first things I learned before trading the Forex market, fundamental analysis came to mind. Fundamental analysis refers to factors that affect the price of a currency pair. It is important not only to perform technical analysis based on your charts and indicators, but to also be aware of the macroeconomic events that can affect a currency pair. What helped me in my forex education was learning...more
Author: Sutikno SlametI know a woman in her sixties. She worked for a company for a little more than a decade as an administration and office assistant for a staff of one hundred sales people, who loved her dearly. She always made sure all the faxes got to their desks; the stationery stock was full and each staff member had what he needed. Beyond her job description, she was like a mother to all of them: making sure the toilets got cleaned, old food was removed from the fridge and decorating the entire floor which the department occupied. She worked hard and never complained. She was always smiling, friendly and polite. She felt good about being a ‘mother’ to all the people who entered and left that department. She was comfortable with her position. No-one else could do the things she did. And she did them better than anyone else in the building. One day, she went to work as usual. After doing her morning chores, she was invited to the office, where she was told her services were no longer needed. The company was undergoing certain cost-cutting measures in every department and unfortunately, her role would have to be sacrificed. She was then asked to leave the building as soon...more
Author: Sutikno SlametThis is a fascination. Here is a wide open field that almost anyone can take advantage of. It use to be only for the mega rich people, the big corporations and banks. They are trading foreign currency's.. Can you imagine this is a 1.2 trillion dollar a day being traded. Thats 1.2 TRILLION a day.Now with the Internet you you...more
Author: Sutikno SlametWhat are you really selling or buying in the currency market?The short answer is nothing. The retail FX market is purely a speculative market. No physical exchange of currencies ever takes place. All trades exist simply as computer entries and are netted out depending on market price. For dollar-denominated accounts, all...more
Author: Sutikno SlametHere we will reveal a system for currency trading profits, which has a logic that is so simple, ANY trader will see why it works, and why it will continue to work, as well as how they could be making big currency trading profits too!If you use this system in currency trading, you will have the potential to catch EVERY major currency trend.We have all heard this investment wisdom: “To make money buy low sell high”However there is a better way to make big currency trading profits and the wisdom here is: “Buy high and sell higher”This will become clear with some explanation:Ignore Traditional Investment Wisdom if you want the Big Profits!If you want to “buy low and sell high” you have to guess where a market is going to bottom and this is not easy. You are trying to PREDICT where a trend might start - this very often means the market goes lower and you lose.Investors and traders are taught to “buy low and sell high” but when a huge move starts they watch and wait for the pullback - it never comes, the market simply goes higher, and they never get in.The problem with this traditional investment wisdom is you end up trying to pick market bottoms,...more
Author: Kelly PriceThe Forex trading information enclosed will show you why anyone can win at currency tradingn and effort is required. Most traders though, think they can make a huge income with no effort, by following a Forex. but most traders lose...more
Author: Sutikno SlametHave you ever heard of the Dogs-of-the-Dow system. It’s a well known system in the stock and trading business. There are several stock brokers who have earned a lot of money by working with this system. They are using at for...more
Author: Sutikno SlametInvestors and traders around the world are looking to the Forex market as a new speculation opportunity. But, how are transactions conducted in the Forex market? Or, what are the basics of Forex Trading? Before adventuring in...more
Author: Kelly PriceYou can buy numerous cheap, Forex robots online and they all promise big gains with no or little in draw down but they all lose money. On the other hand, you can use the two free ones we will look at in this article and make big...more
Since its establishment, the forex online trading community had been a greatly focused trading ground for viewers with prescribed guidance and many years of experience. And even as electronic and online forex trading took the place of conventional...more
Over the last decade or so, the Foreign Currency Exchange markets and trading platforms have become a superior arena for active individual investors. Trading world currencies for the difference in exchange rates can be a lucrative hobby and a very...more