"There is a loftier ambition than merely to stand high
in the world. It is to stoop down and lift mankind a little higher."
By Henry Van Dyke.
Thursday, August 27, 2015
Wednesday, August 26, 2015
FOREX THEORY
Where to Find Forex News and Market Data (Part 3)
Traditional Financial News Sources
While there are tons of financial news resources out there,
we advise you to stick with the big names.
These guys provide around-the-clock coverage of the markets,
with daily updates on the big news that you need to be aware of, such as
central bank announcements, economic report releases and analysis, etc. Many of
these big players also have institutional contacts that provide explanations
about the current events of the day to the viewing public.
- Reuters
- The Wall Street Journal
- Bloomberg
- MarketWatch.com
QUOTE OF THE DAY
"All growth depends upon activity. There is no
development physically or intellectually without effort, and effort means work."
By Coolidge.
Tuesday, August 25, 2015
QUOTE OF THE DAY
"Success seems to be connected with action. Successful
people keep moving. They make mistakes, but they don’t quit."
By Conrad Hilton.
Monday, August 24, 2015
FOREX THEORY
Where to Find Forex News
and Market Data (Part 2)
News moves fundamentals and
fundamentals move currency pairs!
It’s your goal to make
successful trades and that becomes a lot easier when you know why price is
moving that way it is. Successful forex traders weren’t born successful; they
were taught or they learned.
Successful forex traders
don’t have mystical powers (well, except for Pipcrawler, but he’s more weird
than he is mystical) and they can’t see the future.
What they can do is see
through the blur that is forex news and data, pick what’s important to traders
at the moment, and make the right trading
QUOTE OF THE DAY
"Life has many chapters; one bad chapter doesn’t mean
it’s the end of the book."
By Zig Ziglar.
Thursday, August 20, 2015
"YOUR WEALTH IS OUR HEALTH"
WHAT TIME ARE THE SIGNALS SEND?
The signal software and trading team monitors the markets 24
hours a day. Signals and alerts are sent only when trading opportunities occur.
For this reason, the time alerts sent will vary from day to day.
QUOTE OF THE DAY
"The world stands aside to let anyone pass who knows
where he is going."
By David Starr Jordan.
Wednesday, August 19, 2015
FOREX THEORY
Where to Find Forex News and Market Data
A quick Yahoogleing (that’s Yahoo, Google, plus Bing) search
of “forex + news” or “forex + data” returns a measly 30 million results
combined.
30 MILLION! That’s right! No wonder you’re here to get some
education! There’s just way too much information to try to process and way too
many things to confuse any newbie forex trader.
That’s some insane information
overload if we’ve ever seen it.
But information is king when it comes to making successful
trades.
Currency price moves because of all of this information:
economic reports, a new central bank chairperson, and interest rate changes.
QUOTE OF THE DAY
"People might not get all they work for in this world,
but they must certainly work for all they get."
By Frederick Douglass.
Tuesday, August 18, 2015
Monday, August 17, 2015
FOREX THEORY
Fundamental Factors That
Affect Currency Values (Part 4)
The Government: Present and
Future
The years 2009 and 2010
have definitely been the years where more eyes were glaringly watching their
respective country’s governments, wondering about the financial difficulties
being faced, and hoping for some sort of fiscal responsibility that would end
the woes felt in our wallets. Instability in the current government or changes
to the current administration can have a direct bearing on that country’s
economy and even neighboring nations. And any impact to an economy will most
likely affect exchange rates.
QUOTE OF THE DAY
"Life is ten per cent what happens to you and ninety
per cent how you respond to it."
By Lou Holtz.
Friday, August 14, 2015
FOREX THEORY
Fundamental Factors That Affect
Currency Values (Part 3)
Trade Flows & Trade Balance
We’re living in a global
marketplace. Countries sell their own goods to countries that want them
(exporting), while at the same time buying goods they want from other countries
(importing). Have a look around your house. Most of the stuff (electronics,
clothing, doggie toys) lying around are probably made outside of the country
you live in.
Every time you buy something, you
have to give up some of your hard-earned cash.
Whoever you buy your widget from
has to do the same thing.
U.S. importers exchange money with
Chinese exporters when they buy goods. And Chinese imports exchange money with
European exporters when they buy goods.
All this buying and selling is
accompanied by the exchange of money, which in turn changes the flow of
currency into and out of a country.
Trade balance (or balance of trade
or net exports) measures the ratio of exports to imports for a given economy.
It demonstrates the demand of that country’s good and services, and ultimately
it’s currency as well. If exports are higher than imports, a trade surplus
exists and the trade balance is positive. If imports are higher than exports, a
trade deficit exists, and the trade balance is negative.
So:
Exports > Imports = Trade
Surplus = Positive (+) Trade Balance
Imports > Exports = Trade
Deficit = Negative (-) Trade Balance
Trade deficits have the prospect of
pushing a currency price down compared to other currencies. Net importers first
have to sell their currency in order to buy the currency of the foreign
merchant who’s selling the goods they want. When there’s a trade deficit, the
local currency is being sold to buy foreign goods. Because of that, the
currency of a country with a trade deficit is less in demand compared to the
currency of a country with a trade surplus.
Net exporters, countries that
export more than they import, see their currency being bought more by countries
interested in buying the exported goods. It is in more demand, helping their
currency to gain value. It’s all due to the demand of the currency. Currencies
in higher demand tend to be valued higher than those in less demand.
It’s similar to pop stars. Because
she’s more in demand, Taylor Swift gets paid more than Pink. Same thing with
Justin Bieber versus Vanilla Ice.
QUOTE OF THE DAY
"It is your decisions, and not your conditions, that
determine your destiny."
By Tony Robbins.
Thursday, August 13, 2015
"YOUR WEALTH IS OUR HEALTH"
WHAT’S THE SIGNAL FORMAT?
Signal Format : BUY EUR/USD 1.4100 TP 1.4120
(A minimum total of 600 pips to a maximum total of 1500 pips
in the EUR/USD currency pair of trading signals will be given in a month.)
QUOTE OF THE DAY
"The words “I am…” are potent words; be careful what
you hitch them to. The thing you’re claiming has a way of reaching back and
claiming you."
By A. L, Kitselman.
Wednesday, August 12, 2015
FOREX THEORY
Fundamental Factors That Affect
Currency Values (Part 2)
Capital Flows
Globalization, technology advances
and the internet have all contributed to the ease of investing your money
virtually anywhere in the world, regardless of where you call home. You’re only
a few clicks of the mouse away (or a phone call for you folks living in the
Jurassic era of the 2000’s) from investing in the New York or London Stock
exchange, trading the Nikkei or Hang Seng index, or from opening a forex
account to trade U.S. dollars, euros, yen, and even exotic currencies.
Capital flows measure the amount of
money flowing into and out of a country or economy because of capital
investment purchasing and selling. The important thing you want to keep track
of is capital flow balance, which can be positive or negative.
When a country has a positive
capital flow balance, foreign investments coming into the country are greater
than investments heading out of the country. A negative capital flow balance is
the direct opposite. Investments leaving the country for some foreign
destination are greater than investments coming in.
With more investment coming into a
country, demand increases for that country’s currency as foreign investors have
to sell their currency in order to buy the local currency. This demand causes
the currency to increase in value.
Simple supply and demand.
And you guessed it, if supply is
high for a currency (or demand is weak), the currency tends to lose value. When
foreign investments make an about-face, and domestic investors also wants to
switch teams and leave, and then you have an abundance of the local currency as
everybody is selling and buying the currency of whatever foreign country or
economy they’re investing in.
Foreign capital love nothing more
than a country with high interest rates and strong economic growth. If a
country also has a growing domestic financial market, even better! A booming
stock market, high interest rates… What’s not to love?! Foreign investment
comes streaming in. And again, as demand for the local currency increases, so
does its value.
QUOTE OF THE DAY
"Sometimes when you’re in a dark place you think you’ve
been buried, but actually you’ve been planted."
By Christine Caine.
Tuesday, August 11, 2015
QUOTE OF THE DAY
"Dream is not that you see in sleep, dream is something
that does not let you sleep."
By A. P. J. Abdul kalam.
Monday, August 10, 2015
FOREX THEORY
Fundamental Factors That Affect Currency Values
There are several fundamental factors that help shape the
long term strength or weakness of the major currencies and will affect you as a
forex trader. We’ve included what we think are the most important for your
reading pleasure:
Economic Growth and Outlook
We start easy with the economy and outlook held by
consumers, businesses and the governments. It’s easy to understand that when
consumers perceive a strong economy, they feel happy and safe, and they spend
money. Companies willingly take this money and say, “Hey, we’re making money!
Wonderful! Now… uh, what do we do with all this money?”
Companies with money spend money. And all this creates some
healthy tax revenue for the government. They jump on board and also start
spending money. Now everybody is spending, and this tends to have a positive
effect on the economy.
Weak economies, on the other hand, are usually accompanied
by consumers who aren’t spending, businesses who aren’t making any money and
aren’t spending, so the government is the only one still spending. But you get
the idea. Both positive and negative economic outlooks can have a direct effect
on the currency markets.
QUOTE OF THE DAY
"An entire sea of water can’t sink a ship unless it
gets inside the ship. Similarly, the negativity of the world can’t put you down
unless you allow it to get inside you."
By Goi Nasu.
Wednesday, August 5, 2015
Tuesday, August 4, 2015
QUOTE OF THE DAY
"Always believe in yourself, no matter who’s around you
being negative or thrusting negative energy at you, totally block it off,
because whatever you believe, you become."
By Micheal Jackson.
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