Forex Trading Brokers

Forex Trading Brokers

In financial trading, it is not easy to understand the markets and make profits. It is always advisable to take assistance from experts in the field. The need for experts becomes all the more important in forex trading where there are many complications and high risks. When we talk about experts, it may not be possible to get the opinion of analysts who write articles on various forex movements but the Forex Trading Brokers who have the experience and acumen.

There are a number of Forex Trading Brokers in all the countries and each of these offers a variety of services that help the trader in making his decisions as well as money. The services start from simple carrying out of the transaction as suggested by the investor to providing online trading portals for the investor to carry on the transaction himself using various analytical software products.

Online forex trading is one of the recent developments in forex trading and most of the brokers provide this 24 hours a day on 5 days a week when the market is open. The brokers also provide real time information on the exchange rates of various currencies thus indicating the relationship between major currencies. This helps the investor to predict a fall or rise in foreign currency prices and make decisions accordingly.

Tips are given by brokers on specific forex transactions as well as in general terms to help the investor become a better-informed trader. Most brokers provide information and recommendations on a daily basis. On the other hand, whenever any important global event seems to affect the foreign currency prices at any point of time.

Forex Trading Brokers also provide analytical reports on the relationship between various currencies at regular intervals. This is prepared for traders who are interested in the top few currencies. Brokers track relative price movements worldwide such as the USD-Euro relationship, owing to the demand for these currencies.

Many brokers also provide, using various technical analysis tools, the forecasts for foreign currency price movements, on a minute-to-minute or hour to hour basis to help the trader take informed decisions.

For traders who are very new to the forex market, a number of Forex Trading Brokers offer a unique and helpful tool in demo trading accounts. These accounts can be opened online easily with a few details about the trader to register. On registration, down comes a host of information on forex developments and the online forex quotes. All this is provided in real time and only the actual trading becomes a demonstration or virtual trading to better equip the trader to the nuances of forex trading.

In the demo trading accounts, there are also certain brokers who offer online competitions with other demo traders to provide a real time trading environment. This helps the trader understand the basics of trading and the means of making more money than his rivals' make. Thus, Forex Trading Brokers offer a host of services!

For more info F O R E X

Trading Currency Through Online Forex Brokers

clipped from globalinformationcentre.com Trading Currency Through Online Forex Brokers by: Jay Moncliff Access to foreign exchange (forex), the most extensive market on the planet, is generally through an intermediary known as a forex broker. Similar to a stock broker, these agents can also provide advice on forex trading strategies. This advice to clients often extends to technical analysis and research approaches designed to improve client forex trading performance.

Forex News

Source: Thomson Financial News

Dollar edges lower ahead of US data; yen continues to rise

The dollar edged lower against major currencies as the market awaited US new homeslowest in four years and amid ongoing sales and consumer confidence data later this afternoon, while the yen continued to rise, hitting a 12-day high against the dollar.

After data yesterday showing US existing home sales at their concern about the US subprime market, new home sales figures will be closely watched.

"It will be the housing numbers that are looked to for signals of directional bias for the dollar," said Matthew Foster-Smith at Thomson IFR Markets.

A weak release will prompt dollar selling and could push the euro back towards the 1.35 usd mark, he said.

For more info on FOREX

Ask (Offer) Price - The price at which the market is prepared to sell a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can buy the base currency. In the quotation, it is shown on the right side of the quotation. For example, in the quote USD/CHF 1.2627/32, the ask price is 1.2632; meaning you can buy one US dollar for 1.2632 Swiss francs.


For more info visit Lite Forex

Daily Forex Commentary | GFT Forex

Daily Forex Commentary | GFT Forex: "Daily Forex Commentary
Daily Forex technical and fundamental analysis on the major currency pairs.

Leading analyst Cornelius Luca provides daily commentary for Global Forex Trading.

In 2002, Luca joined Global Forex Trading, Division of Global Futures & Forex, Ltd., as one of its analysts who provides daily, weekly and monthly commentary on the major markets of foreign exchange. Luca is a world-renown author, teacher and authority in foreign exchange who has traded and analyzed currencies since 1983. As a qualified professor of finance, Luca has taught courses at the New York University, Pace University's Lubin School of Business Graduate Division in New York City and at the New York Institute of Finance's FT Knowledge. His published works include Trading in the Global Currencies Markets, which was published by Prentice Hall and is a comprehensive analysis of the foreign exchange markets, instruments, players and methods of forecasting. Additional Luca works published by Prentice Hall include Technical Analysis Applications in the Global Currencies Markets, which is an in-depth and unique coverage of currency charting analysis. His most recent book, titled Technical Analysis Applications, will be published by McGraw-Hill in August 2004. Luca earned a master's degree in business in international business and finance from the New York University's Leonard Stern Graduate School of "

For more info on visit T R A D I N G

Product: Building Millions on Forex

Company: 5EMAS Forex Trading System.com

Company URL: http://5emas-forex-trading-system.com

Price: $97.00

Consumer: Forex Traders

The purpose of the 5EMAS Forex Trading System is to inform and instruct forex traders how to become a millionaire in only 2 years and starting with only $1,000.

Pros: Adam Burgoyne is the author of the Building Million on Forex - 5EMAS Forex Trading System. *Note: EMAs are Exponential Moving Averages. According to Mr. Burgoyne, "Building Millions on FOREX" covers the basics of the FOREX Market and explains, in detail, how to use this amazing system!”

The course lets you follow, in detail, the author's 5 EMAs FOREX trading system that will allow you to identify both entry and exit points with incredible accuracy. You will see the Money Management techniques that were developed especially for this system and how they will allow to you to earn millions on Forex.
This system has only recently been revealed! Screenshots illustrating actual trades prove this fact as almost all the example trades are recent. Depending upon the exit strategy selected, the system generates monthly returns of between 30% and 55%.

Cons: Is un-guarantee a word? According to the disclaimer posted on the website, “The fundamental concept is that you should NOT rely solely upon the information or opinions you read. Rather, you should use what you read as a starting point for doing independent research on market analysis, and trading methods. Then judge for yourself the merits of the material that has been shared in Building Millions on FOREX.”

Guarantee: The guarantee posted on the website reads in part, “If, after taking your time to study, digest and at least paper trade the amazing 5 EMAs FOREX SYSTEM™, you do not increase your ratio of winning trades, improve your market timing and make double the cost of this system in extra profits within the 8 week trial period, simply provide copies of your trading records (live or demo account) covering a minimum of 4 active weeks that prove the system hasn't worked and you may return the full system and bonuses for a full and courteous refund of every penny you paid to purchase the course.”

Value for money: The 5EMAS Forex Trading System appears to be a good value.

Where to buy: 5EMAS Forex Trading System

Google Reader (14)

Google Reader (14)

FOREX TRADING

FOREX TRADING

Forex? What is it, anyway?



The market



The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-Forex™).



Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.



How does one profit in Forex?



Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.



The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-Forex™ offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.



Moreover, you cannot lose more than your "margin"! You may profit unlimited amounts, but you never lose more than what you initially risked and invested.



You can implement your choice (the pair of currencies, the volume amount) under any direction to which the market is moving, and yet make profit. It does not matter whether the exchange rate is going up or down: you can always decide to buy Euro and sell dollar, or vice versa - buy dollar and sell Euro. You don't have to physically possess certain currencies in order to perform "buy" or "sell" with them.



How do I start?



Register (Easy-Forex™ offers the simplest and quickest registration process, no obligation); deposit your first trading "margin" amount (credit cards are welcome, only by Easy-Forex™); start trading.



It can't be simpler or easier than that. Need help? We'll provide you with 1-on-1 training and service, as much as necessary (Easy-Forex™ offers real people service, live, in your own language).



How do I trade Forex?



You select the pair of currencies with which you wish to make a Forex deal. You determine the volume (the amount of the deal). You deposit the "margin" (collateral needed to facilitate the deal. Usually - only a very small portion of the whole deal, say: 1% or 1:100).



Before you finally activate the deal, you can still "freeze" it for a few seconds. That enables you to either change the terms, or accept it as is, or altogether regret the whole idea. The "freeze" feature is a unique service by Easy-Forex™.



When your Forex deal is running (you hold an "open position"), you can monitor its status and check scenarios online, whenever you wish. You may change some terms in the deal, or close it (and cash the profit, if any, or minimize the loss, if any). Moreover, Easy-Forex™ lets you determine a "take-profit" rate, with which the deal will close automatically for you, when and if such rate occurs in the market. Meaning: you do not have to stay near your computer when you hold open positions.



Want to know more? Want to get on-line training? Register here (simple, quick, no obligation), we'll be glad to guide you, every step of the way.



Good luck!



Forex trading involves substantial risk of loss, and may not be suitable for everyone.

Yen carry trade

Author: Fatima Jiwani
Yen carry trade Yen carry trade - implies borrowing Japanese yen at low interest rates (0.5%) to finance purchases of high-yielding assets. The investor earns the interest rate spread or "carry" as long as long as interest rates in Japan do not rise (increases borrowing cost) and exchange rates are stable (exchange rate risk if the yen appreciates). To briefly explain the process, Japanese yen is borrowed at very low interest rates. The yen are sold to buy a stronger currency. The new currency can be used to purchase a high-yielding asset. At the time of unwinding the trade, the asset is sold to obtain the principal and interest in the underlying currency, which in turn is sold to buy yen and repay the yen denominated loan. Such a trade can be hedged at about a 100bp (1%), so if an investor borrows from Japan (@ 0.5%) and invests in US treasuries at 4.5%, he clearly earns 300bp (3%). The yen carry trade has been like a continuous money generating opportunity for big investors. Trillions of dollars are estimated to be in this trade, which has indeed been profitable for investors. Implications of Yen carry trades Rise in prices of high-yielding assets in which investments are being made. Weakening of the yen as more and more investors resort to yen carry trades, in turn making the trades more profitable. Increasing risk appetite of investors has seen them borrowing yen to invest in emerging economies like China and India. Leveraged trades further magnify profits as well as risks. At present the New Zealand dollar and the Australian dollar are high-yielding currencies, while, the Japanese yen and the Swiss franc are the most popular borrowing currencies, owing to low interest rates. The yen has been weakening against the dollar over the past two years. However, recent appreciation in the yen has seen the unwinding of yen trades. Also, the unexpected 4.8% growth in the Japanese economy in the fourth quarter of 2006 will force the country's central bank to raise rates. Japan's short-term interest rate was 0% from 2001 till July 2006. This rate was increased to 0.25% in July 2006 and subsequently increased to 0.5% in February 2007. The rise in interest rates has increased the borrowing cost of yen carry traders. This coupled with the recent appreciation in the yen has left two exit routes for traders - book losses by squaring positions or hedge the trade using swaps. India and Yen carry trades Several funds investing in India have raised money from the Japanese market, for example, Fidelity Investments, Deutsche Asset Management and several others. Japanese money has also entered Indian markets through Japanese and other investors who are borrowing yen to invest in Indian asset classes, and corporates borrowing yen denominated funds. Excessive speculative funds in the economy, caused in part by yen carry trades, have raised the inflation rate to 6.7% and, may lead to overheating of the economy. Unwinding of Yen Carry Trades The recent appreciation in the yen will compel traders to sell their assets and repay borrowed yen, leading to a fall in asset prices and further strengthening of the yen. In October 1998, a mass unwinding of yen carry trades lead to excessive volatility in financial markets. During that period the yen had been depreciating over three years. Mid 1998, the yen began to appreciate finally leading to a mass selling of high-yielding assets and underlying currencies to repay yen denominated borrowings. This led to a sharp appreciation in the yen (due to bulk buying of yen for repayments) and also led to a steep fall in high-yielding asset prices (due to bulk selling). The Federal Reserve was forced to reduce the fed rate twice to bring liquidity in the markets. Currently, hedge funds have low exposure to forex carry trades as against in 1998, when yen carry trade was a very popular strategy for hedge funds. Overall, the current quantum of yen carry trades seem lower than those during the 1998 period, even then, a possible future mass unwinding of yen carry trades would most definitely create volatility in the markets. For an Indian investor, this is just one of the unexpected effects of increasing globalisation! Fatima Jiwani is the author and webmaster of Global Information Centre For more infoClick Here!