The Daily Forex training Megablog

Wednesday, April 16, 2008

Headline News About Forex

Our Featured Forex Trade Article

Thoughts On Forex

foreign exchange rate

What about Forecasting: Predicting current and future market trends using existing data and facts. Analysts rely on technical and fundamental statistics to predict the directions of the economy, stock market and individual securities.
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forex factory

Forex Trading represents one of the few ways for people to start with small stakes and build real wealth quickly and represents the ultimate home business.
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As compared to any other financial trading, Forex day trading has many advantages. Trading currencies is in many ways more advantageous than trading stocks or futures. The forex market is a true 24-hour market. This means that a currency trader can basically choose his/her own hours to trade. Forex day trading currencies require a lot less starting capital than day trading stocks. Thus, you could start out small in the currency market. Traders need to concentrate on a few major currencies only rather than on tens of thousands of stocks.

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The bid/ask spread for EUR/USD should never exceed 3 to 4 pips to improve profiting from Forex trading. For an active trader profiting in Forex with a 2 pip transaction cost is highly preferable.

Some Forex Trade Stories

Oil, gas prices soar to new highs

Wed, 16 Apr 2008 06:49:39 EDT
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