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How To Get Your Customers To Fall In Love With Your Products And Services

2009-03-29T20:00:00.003+01:00

Copyright (c) 2006 Quick Turn Marketing International,
Ltd.
Forbidden For Business Owner

My hair grows so damn fast. I have to get a hair cut every 3 weeks. Every time I need a haircut I go to Peter in downtown, Vancouver.

You know… Peter actually worked in New York 10 years ago. I guess you could say he earned his chops in New York. And he's cut hair for many celebrities, including Jim Carrey, etc.

Then he moved to Vancouver and opened his own salon.

Well, if Pete is good enough for Jim Carrey then he's good enough for Dan Lok.

I've been going there for 8 years now.

Talk about customer loyalty!

Yeah… so I'm sure you are asking why am I so damn loyal? Right?

What makes Pete different than the other hairdressers?
Why do I go back to him again and again?

Well I'll tell you. Pete works at it. He builds loyal customers in each interaction and builds them into every haircut he produces. He didn't attract the stars simply because he cuts hair well (though he does). He also offers exceptional customer service.

And I have to tell you, even if Pete's haircutting ability wasn't 110%, I'd probably still go back. Why? Customer service. Commitment. Quality.

So ask yourself, how do YOU build loyal customers?

The best way to build loyal customers is by using the loyalty ladder concept. I want you to picture an ordinary ladder.

Now consider each rung of the ladder. Each "rung" is a "stage" of loyalty a customer may have. There are many different stages of loyalty customers demonstrate at each rung of the ladder:

*Raving Fan

* Devotee

* Member

* Customer

* Shopper

* Prospect

* Suspect

Let's describe each of these in more detail.

Suspect
The suspect is the lowest rung on your ladder, when a customer starts out on your loyalty ladder. This is when customer's are at the very bottom of your ladder. These are people who may or may not want or need what it is you sell. They may not have any money. They are simply people who are not buying.

Prospect
Prospects are suspects who have taken some sort of action like subscribing to your newsletter, giving you their email addresses or those who have asked you for some sort of free information. They are people who may turn into active customers, but aren't there yet.

Customer
A customer is anyone who has actually spent money with you. You have to differentiate between your prospects and your customers. This is one of the reasons it is so damn important you segment your lists. You don't want to have everyone on ONE BIG list.

At the very least, you should have a prospect list and customer list. You should treat your prospects and customers very differently. You should always give your customers more attention. Give them a better deal than everyone else. Why? They are already paying you for your products and services. Prospects are important, but customers are even more important.

Member
A member is someone who buys from you more than once. These are customers that now trust you. They feel they belong with you in some way. Now listen up. Customers
who make two purchases are 10 times more likely to make more than someone who makes only one purchase with you. So anyone who is a member deserves special attention, because if they buy twice, they are likely to buy again.

Devotee
What's the difference between a devotee and a member? A devotee is someone who not only buys from you, but tells other people about you. They send you referrals.
They promote you actively. They are happy to be your free sales force because they get so much value from you.

Raving Fan
The next stage in the ladder is Raving Fans. Usually only 1% to 5% of your customers become Raving Fans. They're one of your most valuable assets. They pretty much own everything you have. And, whatever new products and service you come up with, they will buy without blinking an eye.

The Raving Fan will stick with you for years as long as you don't screw up in a major way.

There's a very strong trust and bond with you and the Raving Fans. They trust you 100%. They want to see you succeed. They want to see you do well. If a devotee is
someone who sells for you, a Raving Fan is someone who can't STOP selling for you. Raving Fans tell everyone about how fantastic you are. They talk about your company. They love you.

These days it's more expensive than ever to get a new customer. Most businesses in fact are acquiring their customers at a loss or break-even point. That means you have to get your customers to come back to you and buy again and again.

Why? That customer isn't simply profitable to you. They are your most important resource. What you want, what you need is as many raving fans as you can get.

You will succeed when you sort your prospects from suspects, move people up from prospects to customers, from customers to raving fans.

You need to have a marketing system that automatically moves people up the loyalty ladder as quickly as humanly possible.

Very soon, it'll be like me and Pete. I am one of Pete's Raving Fans. I send him clients. I sell FOR him without him asking me to it. I write about him in my
article! I only go to him and nobody else. And I am thrilled to show up every month, 12 times a year to give him money. And I'll keep going to him unless he retires from the business. That could be another 10 to 20 years.

You see how much a Raving Fan like me is worth to Pete's business?

Sincerely,

Dan Lok

= = = = = = = = = = = = = = = = = = = = = =

A former college dropout, Dan Lok transformed himself
from a grocery bagger in a local supermarket to a
multi-millionaire. Today, Dan is one of the most
sought-after business mentors on the Web, as well as
a best-selling author. His reputation includes his title
as the World's #1 Website Conversion Expert.
To find out what Dan is up to now, visit him at:
Forbidden For Business Owner

Why You Aren't Making The Money You Want To On The Internet & What To Do About It!

2009-03-23T22:17:00.011Z

Copyright © 2009 Quick Turn Marketing International, Ltd.

Many clients come to me with problems…

The most common problem I hear from people is they aren't making the kind of money they want to make with their Internet business. They don't know what the problem is and they want me to help.

I'll tell you what the problem is. Most of these people are what I like to call opportunity seekers.
These are people that have too many sites and don't spend any time focusing on ONE business. They may have 20 or 30 websites, with each site only breaking even or making a few hundred dollars every month.

Most opportunity seekers are not making the money they want or achieving their financial goals. Why?

They are making a common mistake. They have too many sites, too many interests. This prevents them from focusing their efforts and creating the six figure income they dream of.

Focus Is The Key To Long-Term Success

If you want to succeed on the Internet, you are much better-off staying focused. That means starting off with one site or idea and perfecting it before moving on to the next Internet adventure. Far too many people have a get rich quick mind-set. In fact, I'd say almost all opportunity seekers have this mind-set.

They jump from one program to another hoping one of them will lead to success.

Opportunity seekers are always the first to jump on the next big moneymaking bandwagon. It may be one thing one month, another the next month.

They may try to concentrate on affiliate marketing then switch dramatically to e-book marketing the next.

Whatever seems to be working for others they jump into with wild abandon, without considering their true talents, abilities and interests.

These people are looking for some easy way to make money. They think they can make money with Google AdSense or just a web page, or even with a multilevel marketing program. This is NOT how an entrepreneur thinks! However, this is exactly how an opportunist thinks.

They always are looking for shortcuts, and then wonder why it isn't working.

It isn't working because you have no focus. You must have focus. You must think like an entrepreneur. Focus is one of the most vital aspects of your success. My advice to these newbies is shut down 29 of your sites and focus on one site, the one that best represents your interests.

Optimize it. Work on refining it. Refine your sales process and your back end on this single site and make it successful BEFORE you move on to the next site.

Yes, I have many sites. But I am Dan Lok. You're not there yet. Perfect your one site. THEN you can think about moving on to other moneymaking ventures.

Horizontal Vs. Vertical Business

Many people have what I call a horizontal business. A horizontal business has many sites in many different niches, like hobby niches.

People who own horizontal businesses have 20 or more separate business ventures. I recommend having a vertical business instead. A vertical business is a business that has depth and focus.

Having a vertical business means if you have a product in a particular niche, like stock trading, focus on selling products related to that and that only. Put all your eggs in one basket and create a funnel effect. This way you'll have one group of customers and you can become a big fish in
a small pond.

You'll have all your eggs in one place yes… but you'll become an expert egg layer and watch all your eggs hatch with great success.

Make sense?

What is the problem with a horizontal business? You aren't specialized.

It's almost impossible to make a six-figure income with this kind of business because you don't spend enough time on any ONE business.

When you have a vertical business, you have fine-tuned your business so well competitors have a hard time keeping up with you. People can't compete. You also build a strong client base with satisfied customers.

Think Like An Entrepreneur

So, the biggest problem people have is they are opportunity seekers.

The key is thinking like a true Internet entrepreneur. Don't jump on the trend bandwagon. Don't ask what the shortcuts are. An entrepreneur has a long-term vision. You have to have a one-year, five year and ten year vision. Find out what you want your business to look like in the long-term.

Ask yourself, What do I want to accomplish ultimately? Then decide whether your activities fit with your goals. Stop jumping from one program to another. Focus on one program, one site, and one great idea. This is what you have to do if you want to make six figures. It has nothing to do with your knowledge, skill set experience etc. It has to do more with your focus.

Sit down. Think about it.

Stop jumping from one program to another and stop getting sucked into false moneymaking schemes. Find out what your goals are, what you want to accomplish.

This is a far superior approach. Yes, it takes a lot of energy. But its worth it. In the long-term it's
much less tiring than diversifying your business.

Once you are an expert in your industry or niche, THEN you can think about diversifying your business.

= = = = = = = = = = = = = = = = = = = = = =

A former college dropout, Dan Lok transformed himself from a grocery bagger in a local supermarket to a multi-millionaire. Today, Dan is one of the most sought-after business mentors on the Web, as well as a best-selling author. His reputation includes his title as the World's #1 Website Conversion Expert.

To find out what Dan is up to now, visit him at:

How To Maximize Traffic Using Keywords!

2009-03-23T20:13:00.000Z

The common phrase, "actions speak louder than words" is true when it comes to everyday life situations. However, on the Internet, the rule changes to the point that words are the reason for action. Case in point is the world of affiliate marketing. The success of affiliate marketing depends on how popular your website or blog can become. The more visitors to your website, the better are your chances of affiliate success.

Today, we're going to discuss how using specific keywords throughout your website or blog copy can maximize the amount of traffic that flows your way.

How Keywords Maximize Traffic

By now, you should realize the importance of having a high rank in the search engine results. Let's face it, not many people venture into the uncharted territory of pages 100-125 on the search results. Search engines rank the search results based on keyword prevalence. This means that the more times the specific keyword shows up on a website, the higher the site will rank.

When people use search engines, they are typically looking for a certain topic or item. They type in the word or phrase most commonly related to their search.

For instance, if someone is looking for inexpensive computer equipment, he or she may type "cheap computer parts," or "discount computers" in the search box. The websites that feature that keyword in its copy will end up at, or near the top of the results.

Researching Keywords For Maximizing Website Traffic

Before you write your next article to post on your affiliate website, take the time to research which keywords you want to emphasize. Visit competitor websites and scrutinize their copy to see which keywords or phrases they use.

Choosing The Right Keywords

There is a right way to choose a keyword and a wrong way to choose a keyword. It's a sad fact that the majority of Americans only have a fourth-grade reading level. However, this fact is incredibly important to keep in mind when you're deciding on a keyword.

Avoid using industry-specific terms (buzzwords) and stick to easy-to-understand terms. For instance, if you are selling photographer equipment, instead of using the keyword "asymmetrical power pack," try using "flash power pack" instead. Choosing the wrong keyword can spell disaster for your marketing campaign, so choose wisely.

Using The Keywords

Research shows that on average, for a 200-250 word article, your primary keyword should be used approximately between six and twelve times. It should also be included in the title, as well as any subheads you will be using. If you have a secondary keyword that you would like to add, then it should show up between two and four times in the copy.

The use of keywords is what forms the basis of search engine optimization. Write effective and relevant copy, use keywords to attain a higher search engine result, give the customer what he or she is looking for and you will be well on your way to becoming a highly visited and profitable affiliate marketer.

Fear and Anxiety During Uncertain Times

2009-03-17T17:36:00.000Z

"The only thing we have to fear is fear itself." That's what President Roosevelt said during the Great Depression, and this observation seems as apt today as it was then. On the first trading day of March, the economic news doesn't seem optimistic. Companies have laid off workers, or cutback their hours. Consumers are spending less and many companies have reported losses during the last quarter. Emotions are contagious, and if you are not careful as a trader, you may allow the sense of fear and panic to impact your ability to trade with the proper mental edge.

The word "panic" refers to the mythical god "Pan." Pan was a hideous creature who often created fear in others. Following the Titans' assault on Olympus, for example, Pan claimed credit for the victory of the gods because of the fear he created in the attackers. During rough economic times like these, people often feel a similar state of fear and panic, and they often can't help reacting to it. But fear isn't the only emotion that bothers traders; anxiety plays a role as well.

Fear and anxiety are similar. Fear is experienced when we perceive immediate danger while anxiety is experienced when we anticipate danger in the future. Both emotions play a role while trading. Fear is experienced when we perceive immediate harm, such as when we see the price fall during the trading day. But anxiety is more ubiquitous. We feel anxious when we anticipate what will happen before the trading day starts, as well as tomorrow or the next day. Fear often protects us from harm. When we see danger lurking around the next corner, it is prudent to run away to avoid harm. But it isn't always adaptive to react to fear while trading.

Anxiety is similarly unproductive at times. It's useful to experience some anxiety, though. Indeed, Dr. Howard Liddell called anxiety the "shadow of intelligence. " Moderate levels of anxiety help us perform better, but when anxiety is extreme, we have trouble thinking clearly.

It's vital to manage your fear and anxiety and not allow it to make you respond irrationally. When your money is on the line, however, it can be hard to think clearly.

How can you control fear? In his book, "Trading to win," Ari Kiev offers a quick and effective way of controlling fear: Acknowledge you are afraid and the feeling will pass through your consciousness and lose all power. Refusal to acknowledge fear allows the feeling to perpetuate, while admitting that you are afraid will allow the feeling to diminish. The first step in conquering fear is to merely admit that you are afraid. A second way to manage fear is to trade small positions. The less money on the line, the less risk you are taking, and the less fear you are likely to experience. Third, manage risk. By using protective stops and by risking only a small percentage of capital on a single trade, you will feel more at ease and can more easily manage fear. Trade with money you can afford to lose. Finally, if things get too rough emotionally, you can stand aside for a while and paper trade.

Fear and anxiety protects us at times. It prevents us from making bad mistakes, but too much fear and anxiety can interfere with trading with the proper mental edge...

Risk Management: Safety During Uncertain Times

2009-03-15T18:24:00.002Z

It's impossible to make money as a trader without taking some risks. You've got to risk money to make money. But these days it is psychologically hard to take risks. Many traders have lost a great deal of capital and are afraid to take unnecessary risks. It makes sense, but can prevent you from taking advantage of market opportunities.

Risk is a part of everyday life. We take risks even as we complete the most mundane tasks, such as when we drive our children to school. We take risks when we run along a busy street. We even take a risk taking a shower (as I found out last week when I slipped and broke a rib). It's often wise to take reasonable precautions to protect our interests. When you drive down the street, for example, it's prudent to wear seatbelts and be careful to drive at a safe speed.

When it comes to trading, it's also vital to have proper protection. Adverse forces may go against your trading plan, and unless you protect yourself, you run the risk of getting hurt, and with trading, that often means substantial hits to your account balance.

There's also a psychological advantage to protecting your interests. Taking precautions eases some of the pressure. If you know that the worst-case scenario is something you can deal with easily, you'll feel more at ease. You'll feel a sense of freedom. Acting under pressure often leads to an error, such as misinterpreting market conditions. Proper protection, gives you the time and opportunity to think more clearly, make a calm, thorough survey of all possibilities, and take appropriate action. Risk management provides not only protection from financial loss, but also gives the trader a psychological piece of mind.

When under extreme financial pressure, however, perceptions of risk can be inaccurate. Sure, the trust is hard to discern, but some traders experience analysis-paralysis. If one wants to find risk, he or she can find it. One could expect the worst and not feel like taking a risk at all. These days, perhaps the extreme volatility of the markets is putting you off. Many traders are making
profits due to the volatility, however, and if you want to profit, it will be necessary to take risk.

Risk cannot be eliminated completely, but it can be managed. If you manage risk, you'll feel more at ease, and trade with the proper mental edge. There are many ways to manage risk. But one of the best ways is to develop a very detailed trading plan in which you estimate the potential risk up front. Many trading experts also suggest making sure that the amount of risk you take is only a small percentage of your trading capital, so that should you lose on the trade, the loss will be at a minimum. Whatever approach you take to managing risk, the point is that managing risk has both financial and psychological advantages. Psychologically, you'll feel a sense of security. Deep down, you will know that should you lose on the trade, it can't hurt you very much. It's only a small part of your capital, and you know you can survive to move on to new opportunities. You will feel more relaxed. And when you feel calm, your mind will be open to all possibilities. You can gauge the market action more objectively than when under pressure. In all likelihood, your mind will move with the market, and you will be able to trade effortlessly, and reach a peak performance mental state. And when you trade with the proper mental edge, you see market opportunities and profit.

Product Gallery (Art Work)

2009-03-12T20:33:00.009Z

Billionaire Lists

2009-03-12T19:26:00.003Z

Up in Smoke
Duncan Greenberg and Tatiana Serafin, 03.11.09, 06:00 PM EDT
Forbes Magazine dated March 30, 2009
Last year the world had 1,125 billionaires. Today there are 793. How $1.4 trillion vanished

On the evening of Jan. 5 Adolf Merckle, Germany's fifth-richest man, opened the door of his modest home in Blaubeuren, Germany and stepped out into the frigid air. The 74-year-old outdoorsman was keen on taking long walks to clear his head. But when he hadn't returned home a few hours later, his family called the police.

Merckle had a lot on his mind. The secretive industrialist, who by our count had a net worth of $9.2 billion a year ago, was in financial straits. His holding company, VEM Group, had reportedly accumulated more than $6 billion in debt against its three biggest holdings: Phoenix Pharmahandel, the $28 billion (sales) pharmaceuticals manufacturer that had roots in a chemical company his grandfather founded in 1881; Ratiopharm, the generic drug maker Merckle had built from scratch; and cement producer HeidelbergCement. VEM was bleeding cash, and HeidelbergCement's share price was falling at an alarming rate. It became harder to manage his debt payments.

Hoping to make some quick cash, Merckle began gambling on risky short positions. In October he bet against Volkswagen--and lost an estimated $500 million when the shares quadrupled after Porsche revealed that it had amassed a controlling stake in the carmaker.

A month later he approached German bureaucrats in Baden-Württemberg and begged them for a $200 million bridge loan in a bid to save Phoenix Pharmahandel and Ratiopharm. They turned him down. Talks with banks continued. In early January his creditors gave him a $500 million loan. In exchange for the face-saving loan, he relinquished control of his empire. Trustees were appointed to oversee his assets.

Instead of taking a walk that cold night, Merckle drove to the suburb of Weiler, parked his car in the Ratiopharm lot and walked a few hundred yards to the train tracks that run past the plant. At 5:30 the conductor on an express train going from Ulm to Sigmaringen felt a bump and alerted authorities to investigate. Merckle's mangled corpse was found two hours later. The note he left behind reportedly read, "I'm sorry."

Like the rest of us, the richest people on the planet have endured a financial disaster. This year there are 793 people on our list of the World's Billionaires, a 30% decline from the 1,125 we counted up a year ago. Of the 752 who kept their ten-figure fortunes, 87% saw their personal balance sheets falter (6% gained; 7% held steady). Today the world's billionaires have a collective net worth of $2.4 trillion, down $2 trillion from a year ago. Among the billionaires on both lists, the collective wealth is down $1.4 trillion.

It was hard to avoid the carnage, whether you were in stocks, commodities, real estate or currencies. Even people running fine businesses could have been killed by frozen credit markets, weak consumer spending or fraud.

"It's going to get worse," says David Geffen, who watched his net worth fall 25% to $4.5 billion as real estate and art prices softened. "I don't think we've hit the bottom. It wouldn't surprise me if the Dow fell below 6000. Unemployment is now 8.1%, which means it's really 13.1% after you add 5% for part-time workers and people who are no longer on the employment rolls. I think it will reach 15% or 16% by the end of the year."

Geffen claims he pulled his investments out of the market in 2006 and has sold off a third of his multibillion-dollar art collection. "It seemed that it was awfully easy to make money," he says. "There's something seriously wrong when it isn't extremely difficult to make a great deal of money. There were billionaires who could not qualify for The Forbes 400. That was one of many warning signs for me to get out."

The biggest loser in the world this year, by dollars, was last year's biggest gainer. India's Anil Ambani lost $31.9 billion--76% of his fortune--as shares of his Reliance Communications, Reliance Power and Reliance Capital all collapsed. Ambani is one of 24 Indian billionaires, all but one of whom are poorer than a year ago. Another 29 Indians lost their billionaire status entirely. India's stock market has fallen 44% in a year, global equity prices 39%.

Donald Trump, we estimate, has seen nearly half of his net worth disappear. His casino company is in bankruptcy--again. His $1 billion hotel and condo tower in Chicago hasn't closed enough previously agreed-to sales and can't find new buyers. Evidently having some difficulty making timely repayments of $640 million in unguaranteed construction loans from Deutsche Bank, he sued the lender last fall (but recently took the lawsuit off the table). As cranes stand idle above half-built residential real estate projects around the world, Trump's ability to profit from licensing his name and marketing expertise to other developers has become impossible to gauge--despite his popularity. "We're not going down; we're going up," says Trump. "We're buying things we couldn't have dreamed of buying two years ago. And we have a lot of cash."

The Donald always makes a few shrewd moves. Last May Trump sold a Palm Beach, Fla. house to Russian tycoon Dmitry Rybolovlev, who was worth $12.8 billion last year, for $100 million. In the months that followed, shares of the new homeowner's publicly traded fertilizer outfit, Uralkali, cratered, erasing three-quarters of his fortune. Trump dumped some of the cash he made into a few golf courses put on the block by their cash-strapped owners.

Rybolovlev was one of the lucky Russians who kept their billionaire status. Russia became the epicenter of the world's commodities bust, dropping 55 billionaires. Among them: Dmitry Pumpyansky, an industrialist from the resource-rich Ural mountain region, who lost $5 billion as shares of his pipe producer, TMK, sank 84%.

Last year Moscow overtook New York as the billionaire capital of the world, with 74 tycoons to New York's 71. Today there are 27 in Moscow and 55 in New York.

Free Daily Forex Signal for 01/25/08

2008-01-24T14:56:00.000Z

Free Daily Forex Signal for 01/25/08. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jan 25	08.00	GBP/USD	BUY Stop	1.9820	1.9870	1.9620
Jan 25	08.00	GBP/USD	SELL Stop	1.9610	1.9560	1.9810

Status : CLOSED
Profit/Loss: Plan A +50 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jan 25	08.00	EUR/USD	BUY Stop	1.4740	1.4790	1.4540
Jan 25	08.00	EUR/USD	SELL Stop	1.4600	1.4550	1.4800

Status : CLOSED
Profit/Loss: Plan A +50 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jan 25	08.00	GBP/JPY	BUY Stop	210.50	211.00	208.50
Jan 25	08.00	GBP/JPY	SELL Stop	208.10	207.60	210.10

Status : CLOSED
Profit/Loss: Plan A +50 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jan 25	08.00	USD/JPY	BUY Stop	107.80	108.40	106.80
Jan 25	08.00	USD/JPY	SELL Stop	105.90	105.40	107.90

Status : CLOSED
Profit/Loss:

Free Daily Forex Signal for 01/24/08

2008-01-23T16:21:00.000Z

Free Daily Forex Signal for 01/24/08. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jan 24	08.00	GBP/USD	BUY Stop	1.9610	1.9660	1.9410
Jan 24	08.00	GBP/USD	SELL Stop	1.9310	1.9260	1.9510

Status : CLOSED
Profit/Loss: Plan A +50 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jan 24	08.00	EUR/USD	BUY Stop	1.4664	1.4714	1.4264
Jan 24	08.00	EUR/USD	SELL Stop	1.4510	1.4460	1.4710

Status : CLOSED
Profit/Loss: Plan A +50 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jan 24	08.00	GBP/JPY	BUY Stop	207.17	207.67	206.17
Jan 24	08.00	GBP/JPY	SELL Stop	204.80	204.30	205.80

Status : CLOSED
Profit/Loss: Plan A +50 pips

Free Daily Forex Signal for 07/24/07 GBP/USD

2007-07-23T16:52:00.001+01:00

Free Daily Forex Signal for 07/24/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : OPEN
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 09	08.00	GBP/USD	BUY Stop	2.0616	2.0641	2.0566
Jul 09	08.00	GBP/USD	SELL Stop	2.0546	2.0521	2.0596

Free Daily Forex Signal for 07/24/07 EUR/USD

2007-07-23T16:52:00.000+01:00

Free Daily Forex Signal for 07/24/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : OPEN
Profit/Loss:-

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 23	08.00	EUR/USD	BUY Stop	1.3853	1.3878	1.3803
Jul 23	08.00	EUR/USD	SELL Stop	1.3783	1.3758	1.3833

Free Daily Forex Signal for 07/13/07 GBP/USD

2007-07-13T08:10:00.000+01:00

Free Daily Forex Signal for 07/13/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : OPEN
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 09	08.00	GBP/USD	BUY Stop	2.0385	2.0410	2.0335
Jul 09	08.00	GBP/USD	SELL Stop	2.0230	2.0205	2.0280

Free Daily Forex Signal for 07/13/07 EUR/USD

2007-07-13T08:06:00.000+01:00

Free Daily Forex Signal for 07/13/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : OPEN
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 09	08.00	EUR/USD	BUY Stop	1.3819	1.3844	1.3769
Jul 09	08.00	EUR/USD	SELL Stop	1.3706	1.3681	1.3756

Forex Trading Strategy: Scalping the EUR/USD in Forex Market

2007-07-10T08:40:00.000+01:00

According to the trade2win.co.uk glossary, Scalping is the practice of buying a stock/currency, holding as long as the trend continues, and then selling as soon as the momentum appears to be slowing.

For you who love the short time trading the scalping technique sometimes useful to make more profit in one day. You enter the position whenever you think that the markets will move in the direction that you could predict and then close the position whenever you think the markets will move in the reverse direction.

Scalping in the forex markets sometimes so risky but if you could identified the markets movement, and you familiar with the pattern, you could making profit with this technique.

I love the scalping technique especially in EURO/USD pair. This pair is so "Trendy" and little bit stable than the Cable (GBP/USD), if the markets going to up it would up following it's main trend and vice versa. I usually doing this technique in 30 Minutes time frame, enter the market when the trend i predict just starting and then close the position when the trend in the reverse trend. Look at this picture below:

Basically on that picture you could see, we enter the markets when the candlestick cross over the Time Series Forecast (TSF;Indicator in the green line), and then we close our position regarding the markets going to make the reverse trend that indicated by candlestick cross over the TSF.

You could try this technique on your virtual account. I am using Marketiva trading platform in forex trading, if you want to join marketiva just click the "Marketiva" Button below this blog header.

Happy Trading...

Forex Trading: This is A War, Choose Your Side

2007-07-09T17:04:00.000+01:00

The price of any currency in forex trading are basically on supply and demand ratio. More supply make the price going to low, and then more demand make the price going to up. This ratio is a logic way to define how the markets move. The fundamental news just a trigger that affected the market sentiment. How people reacted with this news would determine the market movement.

In my opinion the market separates by two side; the "long side" and the "short side". One of these side going to lose/win basically of their size. The bigger size of each side, the bigger of their chance to win the trade. If there is 10 lots quantity in long position and in the other side there is 5 lots quantity of short position we could conclude that the markets going to up, because the demand (long) bigger than the supply (short) value.

There is a little bit dilemma when we choose our side, and one of this side are chosen according to each of trader perception about the markets. Maybe you are questioning how to choose the better side?

I think, instead of answer this question it's would be better to know when should we enter the market? The answer makes our trading position more safely. There is a wise advice from one of the talented trader in forexfactory called as Jacko that it's better to take the position at the "round numbers" (e.g 1.2000;1.3000).

I agree with Jacko that the time to take our position is when the price is touch the "round numbers", look at the closest possible condition to take the position around this "round numbers". And make sure that you aren't take the position in the middle of the trend especially when you trading in the short term time frame. So, you have to analyze whether you make the correct decision or not.

The better side in forex trading is when you choose your position by following the market trend and don't try to against it, because it's really really risky. Jacko said the up trend is when the charts from the left bottom of your monitor move to right corner of your monitor, and if you confuse to analyze the trend just print the charts and then ask the five years old boy about the picture :D, i bet that you'll get the answer.

In the forex trading business, you war against another trader in different side/position. Then, to make you more safely in this war, you have to make sure that you are not open your position in the middle of the running trend, take your position when trend is just started...

Free Daily Forex Signal for 07/09/07 EUR/USD

2007-07-08T17:17:00.001+01:00

Free Daily Forex Signal for 07/09/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 09	08.00	EUR/USD	BUY Stop	1.3646	1.3671	1.3596
Jul 09	08.00	EUR/USD	SELL Stop	1.3583	1.3558	1.3633

Free Daily Forex Signal for 07/09/07 GBP/USD

2007-07-08T17:17:00.000+01:00

Free Daily Forex Signal for 07/09/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 09	08.00	GBP/USD	BUY Stop	2.0227	2.0252	2.0177
Jul 09	08.00	GBP/USD	SELL Stop	2.0108	2.0083	2.0158

Forex Trading Strategy: Manage Your Trading Activities if You Don't Want to Lose Your Money (Makes Profit 150% per month)

2007-07-07T09:43:00.000+01:00

A few weeks ago, a friend show me an e-book that explain about the forex money management and inspire me to doing something that could make my trading activities well organized.

I believe that like any other business, doing the forex trading needs an extra good planning and execution when you doing your trades. We know this business is very risky, and even you've bag thousand dollar from your trading activities, you could lose it sometimes if you don't manage your trades.

If you have the system that making profit for your portfolio, and you believe it as holy grail of your trading technique, just stick with that. If you don't have even single system just find out, there is a lot of forex trading system out there.

Okay, I assume that you have the system, and you make money with it. The next step to do is to manage your capital and increase your money from this business. There is an advise that the smart trader trades with 1%-10% of their total capital, so even they lose the trades it's not make their total portfolio collapse. The idea is how to make more than 50% profit from your total capital per year, and it's not to complicated to do. It's just need your discipline and patience.

I myself use more than 10% of my total capital in every single position(Long/Short) ;).... I told you before, that I am the desperate and aggressive trader but always makes the fundamental news as a basic of my trading decision. There is 20 x 24 hour in one month that we could do the forex trading and we could trades more than 1 times a day.

Here it is the sample of GBP/USD trading scheme in one month (trade 1 time a day, leverage 1:100, Target 20 pips per Day)

Day	Capital	Margin	Quantity	Profit
1	$100	$25	2500	$5
2	$105	$26	2625	$5
3	$110	$28	2756	$6
4	$116	$29	2894	$6
5	$122	$30	3039	$6
6	$128	$32	3191	$6
7	$134	$34	3350	$7
8	$141	$35	3518	$7
9	$148	$37	3694	$7
10	$155	$39	3878	$8
11	$163	$41	4072	$8
12	$171	$43	4276	$9
13	$180	$45	4490	$9
14	$189	$47	4714	$9
15	$198	$49	4950	$10
16	$208	$52	5197	$10
17	$218	$55	5457	$11
18	$229	$57	5730	$11
19	$241	$60	6017	$12
20	$253	$63	6317	$13

(Courtesy of Mr.Joko Susilo free newsletter/e-book)

Basically on that table you could see, your money could increase 150% more than before less than 1 month if you do your trading management, you do 1 trade per day, what if 2 or 3 trade per day? Maybe it's sound to good to be true, but you could get minimum 20% per month if you want. It's easy to make money in the systematic investment plan, do not make your capital growth slowly without manage your trading portfolio.

You could modify your trading system and management in anyway you like, just make yourself comfort with your trading plan. And remember you could do something better if you manage your trades....

Forex Trading Strategy: EUR/USD as a Begining Signal to Trade The GBP/USD in Forex Markets

2007-07-06T15:47:00.000+01:00

As I describe before on my previous post about my forex trading system we use the simple and user friendly indicator. I decide to use this trading system because too much indicator just makes me confuse and sometimes distract me filtering the valid signal to determine my entry point.

As a continuation of my previous post, I would like to show you how to makes profit in GBP/USD Trading basically with the system. The system that I hope working for you to take profits in this business.

Okay, as I consider you comprehend about my simple trading system, on this post I would like to show you one more "trusted advisor" whenever you decided to take the long or short position on GBP/USD trading. The trusted one is the EUR/USD movement. I started to consider the EUR/USD price movement as a trusted resource on every trading position that I would take because the EUR/USD movement is linear with the GBP/USD and any other direct (EUR/USD~GBP/USD~AUD/USD~NZD/USD) pairs.

If the EUR/USD indicates that it's price hikes we take the LONG position on GBP/USD, and vice versa. See the picture below:

Basically with the EUR/USD Movement we could take it as an additional information whether the GBP/USD going up or down. Take the Long position or Short position when our trading system indicates the BUY/SELL signal. See the picture below:

In my opinion this method working with any other pairs. In normally trading condition we could take minimum +20 pips as a target profit with the -50 pips as a Stop Loss, even more than 80 pips during the high impact fundamental news decision.
Remember, there is no perfect system in forex trading. So you have to be careful in every trading position that you take. Always makes yourself update with the Economic Calendar News, the fundamental news is essential as our resource and consideration in position taking...

Forex Trading: The Simple Forex Trading System...

2007-07-05T17:37:00.001+01:00

Every trader have their own trading system that could be considered in every trading position that they would take. One of the forex trading system i have been posted before.

Different trader, different trading system. You could choose your favorit trading system that you use in the forex trading. As long as you believe that your trading system work, you could use it.

My trading system is so simple, and works with my trading style. I am the desperate trader and sometimes makes the agressive and speculative trading if my technical indicator indicates whether the markets hikes or not.

I use the Candlestick, Time Series Forecast(TSF), and the Hillbert Transform Trendline (HTT). Before makes the Long or Short position, I am looking at that three Indicator. I used to see the charts in 4Hr, 1 Hr, 30M, 15M period of time. (The TSF set up in 10 minutes, HTT set as default)

Regarding the 30M period charts, the long position takes when the TSF cross above the HTT. If the price are above the HTT and TSF the trend is normally up.

The short position takes when the TSF cross below the HTT. If the price below the HTT & TSF I consider that the markets trend going down. Look at this picture below:

We closed the position when the candlestick cross the TSF value. The Long position considered to be closed if the candlestick indicates to moving down and cross the TSF, and vice versa. Remember you could try this system with different time period, I myself usually take the position basically on 4 Hr, 1 Hr, 30M, and 15M period of time. I used this system to trade the GBP/USD, and works 70% for me...

Forex Trading; GBP/USD and the BOE Rates Decision...

2007-07-05T17:37:00.000+01:00

Today, July 5th. Bank Of England announce the interest rates at the 5.75% (previous 5.50%). This announcement makes this currency price hikes to 2.0201, although before the interest rates decision the GBP/USD fall slightly to 2.0121. I was expected that the 2.0201 would be break, but the GBP/USD extremely fall to 2.0088.

I've learn something today. Everything could happen with the markets, especially during the news time.

You should decide your profit target. And then close your trading position when the profit target achieved. This step is important to anticipate if the markets moving in unexpected level.

We don't know what happen out there sometimes. Could the Bank interfere the markets with billions of dollar to make the price moving to certain level? I said yes, It could possibly happen. Regarding insider trading, it probably exists once in a while. There is no guarantee that the Bank announcement wouldn't leaking.

Now, I am waiting for the Federal Reserve announcement tomorrow.

Free Daily Forex Signal for 07/04/07 USD/JPY

2007-07-04T08:34:00.000+01:00

Free Daily Forex Signal for 07/04/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 04	08.00	USD/JPY	BUY Stop	122.60	122.85	122.10
Jul 04	08.00	USD/JPY	SELL Stop	121.90	121.75	122.40

Free Daily Forex Signal for 07/04/07 GBP/USD

2007-07-04T08:20:00.000+01:00

Free Daily Forex Signal for 07/04/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan B + 25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jul 04	08.00	GBP/USD	BUY Stop	2.0224	2.0249	2.0184
Jul 04	08.00	GBP/USD	SELL Stop	2.0150	2.0125	2.0200

Forex Trading: The Best Time to Trading GBP/USD...

2007-07-03T14:31:00.000+01:00

One of my favorite pair in the Forex trading is GBP/USD. This pair moves so volatile in the forex market.

This volatility mean more opportunity to making more profits. It's easy for GBP/USD moving around 15-25 pips, and even you've take the long or short position this could easily moving around that range.

But remember, like another business sometime forex markets especially this GBP/USD moving so steady and the trader doing the "wait and see" action along this time. It's makes me boring, wait and see the charts, whether this pair going to bullish or bearish.

If you want to trade in any pair currency that you used to, and confusing to determine the best time to trade in this pair, I suggest you to trade at the same time where this currency issued.

If you trade the GBP/USD, trade whenever the US & UK market open. There is more opportunity if the UK & US trader trading in the same period of time.

One thing that you have to consider is the economic calendar news. You have to remember if there is anytime that the Federal Reserve and the
Bank of England release the latest news about the Producer Price Index, Interest Rates, or another fundamental parameters. Some fundamental parameters produce the high impact to the forex markets,and another parameter makes the low impact.

I myself trading when the high impact fundamental parameters will be release. First, see the calendar and looking for the information when this fundamental news will be release. And, prepare yourself whether this markets going up or down. Depend on the markets sentiment, you could take the position according to your analysis.

This GBP/USD like another pair have the Prime Time that really makes you making the profit around 50-100 pips or making you lose your money in the same range.

The prime time and perfect time to makes 50-100 pips or more profit from the GBP/USD is in the end of every month especially in the end of the weekend (thursday & friday). At this time, the big player on this business makes the market moving so volatile. You have to be careful in every position that you take. Sometimes we couldn't predict the GBP/USD movement.

Do your best...

Forex Trading Entry Point with 4 Hour MACD Strategy

2007-06-30T20:01:00.000+01:00

I have read Philip Nel thread posted on ForexFactory.Com about his forex trading system. Phil uses the 4 Hr MACD Indicator to determine his entry point.

Some entry point indicated by the 4 Hr MACD, Whether the market going up or down. Even the 4 Hr MACD couldn't give us 100% valid entry point but this MACD has it's own pattern that could give us information when should we enter the market. There are some pattern that Phil explain.

Phil, set up his charts like this below:

Moving Averages

365 Exponential Moving Averages (365 EMA)

200 Simple Moving Averages (200 SMA)

89 Simple Moving Averages (89 SMA)

21 Exponential Moving Averages (21 EMA)

8 Exponential Moving Averages (8 EMA)

MACD

Fast EMA 5

Slow EMA 13

MACD EMA 1

And then he sets the horizontal lines on MACD above and below zero. There are six levels of this horizontal lines,

Level +0.0015

Level +0.0030

Level +0.0045

Level -0.0015

Level -0.0030

Level -0.0045

Those horizontal lines help us to filter the valid MACD entry point.

Philip also posted his daily forex trading planning basically of his forex trading system.

If you interested to know this system, just download from this link below:

4 Hr MACD Forex Strategy.pdf

Planning Your Trade.pdf

Thursday & Friday in The End of The Month... Great Opportunity in Forex Trading

2007-06-29T16:25:00.000+01:00

Today 29 June 2007 - Look at the charts from Thursday & Friday in 1 Hr period. What I'm find is the GBP/USD bullish until 2.0069. I'm doing some mistake in my trading session in this wednesday. I have my own prediction that this GBP/USD will be moving down below the 1.9965, but who knows the markets? Today I have -100 pips potential lost, what the h***!

What happen on this GBP/USD? The market sentiment. Like I said the Economic Calendar often to be the trigger of market movement. Look at this fundamental calendar on Thursday & Friday below:

This make me crazy, and I would try to remember this.

In the end of the month, on Thursday or Friday, You have to beware about the GBP/USD movement. Because this is the volatile situation, every big player on this business 'join the game' for a big profit in the end of the month. Don't ever forget this time. It's start from the London Session at 08.00 GMT (U.K) continue to the New York Session.

Sometimes we have to be patient and waiting, and then enter the market when the time is perfect to take the 20-50 pips profit. Closed your position when your daily profit target achieved. Don't be so Greedy...

FOREX London Session Video June 19th, 2007 By Fxbootcamp

2007-06-27T20:16:00.000+01:00

Free Daily Forex signal June 27th 07 GBP/USD

2007-06-27T08:00:00.000+01:00

Free Daily Forex Signal for 06/27/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 27	08.00	GBP/USD	BUY Stop	2.0020	2.0045	1.9970
Jun 27	08.00	GBP/USD	SELL Stop	1.9914	1.9889	1.9964

Daily Forex Signal for 06/26/07

2007-06-25T18:15:00.001+01:00

Daily Forex Signal for 06/26/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A -50 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 26	08.00	GBP/USD	BUY Stop	2.0005	2.0030	1.9975
Jun 26	08.00	GBP/USD	SELL Stop	1.9909	1.9884	1.9959

Follow the Leader

2007-06-25T18:15:00.000+01:00

There is no trading system that so perfect and makes you could exactly predict the forex market movement, even you have an excellent forex trading software system. The most important rule that you have to obey is Always Follow the Market Trend and Don't ever forget the Forex Fundamental News/Economic Calendar.

The big player on this business, are significantly affect the market when they take one position, sometimes the technical analysis charts not affect their trading style so much. If you have billions of US dollar capital that you're use to trade, you could dictated the market movement. But how if you don't have this billions dollar cash?

I suggested you not to 100% believe in your super excellent forex indicator. Try to open your eyes and beware about this market movement. Trading safely, with the most common trading style that you used to.

You could rely on your forex indicator sometimes, but the economic calendar makes your decision plausible. This economic calendar provides you information that could affect the trader sentiment.

More money, more power. Your capital makes more opportunities to produce more profit. To make more money in this business you have to manage your trading system, makes the systematic trading plan. And always updates your brain with news, and another related information. That's all your trading leader...

Free Daily Forex Signal on June 18th 2007 GBP/USD

2007-06-18T06:50:00.000+01:00

Daily Forex Signal for 06/18/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : OPEN
Profit/Loss: Plan A +25

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 18	08.00	GBP/USD	BUY Stop	1.9850	1.9875	1.9825
Jun 18	08.00	GBP/USD	SELL Stop	1.9748	1.9723	1.9773

Fundamental Calender & Forex Market Movement 14-15th June 07

2007-06-15T22:05:00.001+01:00

At this time. I would like to show you, how the Calender could help us to determine our trading position.
In this Pic Below, you could see How EUR/USD & GBP/USD Move, basic on the Calender News.

Okay, This is the forex Calendar News on 14-15th June:

What's happen with GBP/USD & EUR/USD? See this chart below:

GBP/USD Charts

EUR/USD Charts

Video Tutorial: Forex Trading with Fibonacci

2007-06-15T22:05:00.000+01:00

Free Daily Forex Signal on June14th 2007 EUR/USD

2007-06-14T08:27:00.001+01:00

Daily Forex Signal for 06/14/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 14	08.00	EUR/USD	BUY Stop	1.3322	1.3347	1.3297
Jun 14	08.00	EUR/USD	SELL Stop	1.3270	1.3245	1.3295

Free Daily Forex Signal June14th 2007 GBP/USD

2007-06-14T08:27:00.000+01:00

Daily Forex Signal for 06/14/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 14	08.00	GBP/USD	BUY Stop	1.9723	1.9748	1.9698
Jun 14	08.00	USD/JPY	SELL Stop	1.9683	1.9658	1.9708

Free Daily Forex Signal June 14th 2007 USD/JPY

2007-06-14T02:36:00.001+01:00

Daily Forex Signal for 06/14/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 14	08.00	USD/JPY	BUY Stop	122.84	123.09	122.59
Jun 14	08.00	USD/JPY	SELL Stop	121.95	121.70	122.20

Free Daily Forex Signal June 14th 2007 GBP/JPY

2007-06-14T02:36:00.000+01:00

Daily Forex Signal for 06/14/07. We have Two Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25 Pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 14	08.00	GBP/JPY	BUY Stop	242.95	243.20	242.70
Jun 14	08.00	GBP/JPY	SELL Stop	240.82	240.57	241.07

Free Daily Forex Signal on June 13th 2007 USD/JPY

2007-06-13T13:23:00.002+01:00

Daily Forex Signal for 06/13/07. We have some Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 13	12.00	USD/JPY	BUY Stop	122.45	122.70	122.20
Jun 13	12.00	USD/JPY	SELL Stop	121.76	121.51	122.01

Free Daily Forex Signal on June 13th 2007 EUR/USD

2007-06-13T13:23:00.001+01:00

Daily Forex Signal for 06/13/07. We have some Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 13	12.00	EUR/USD	BUY Stop	1.3306	1.3331	1.3281
Jun 13	12.00	EUR/USD	SELL Stop	1.3261	1.3237	1.3286

Free Daily Forex Signal on June 13th 2007 GBP/USD

2007-06-13T13:23:00.000+01:00

Daily Forex Signal for 06/13/07. We have some Trading Plan on this day.
Plan A (Buy Stop)
Plan B (Sell Stop)
Status : CLOSED
Profit/Loss: Plan A +25 pips

Date	(GMT)	Pair	Position	Price	Target Prof.	Stop Loss
Jun 13	12.00	GBP/USD	BUY Stop	1.9706	1.9730	1.9681
Jun 13	12.00	GBP/USD	SELL Stop	1.9670	1.9646	1.9695

Fundamental News & Forex Market Movement...

2007-06-12T17:46:00.001+01:00

At this time, we would like to make the documentation of forex fundamental news and it's corelation to the market movement. See this Economic Calendar on 06/06/07

Economic Calendar on 06/07/07

Economic Calendar on 06/08/07

Look at this charts, How EUR/USD Move...?

Look at this charts, How GBP/USD Move...?

Free Daily Forex Signal Send to Your Cell Phone

2007-05-31T07:23:00.000+01:00

Hello, there...

At this time, we would like to offer you, FREE Forex Signals that send to your cellphone.

Please let me know if you interested. I'll send you free forex signal, type what kind of pair that you trade in.

History of Currency Trading

2007-05-11T19:56:00.000+01:00

In 1967, a Chicago bank refused to give a college professor - Milton Friedman - a loan in pound
sterling, because he had intended to use the funds to short the British currency. Friedman perceived
sterling to be priced too high against the dollar and so he wanted to sell the currency, then later buy it
back to repay the bank after the currency declined and therefore pocketing a quick profit!

The bank's refusal to give the loan was due to the Bretton Woods Agreement, which had been
established twenty years earlier, which fixed national currencies against the dollar, and set the dollar
at a rate of $35 per ounce of gold. The Bretton Woods Agreement, which was set up in 1944,
aimed at installing international monetary stability by preventing money from fleeing across nations,
and restricting speculation in the world currencies. Before the Agreement, the gold exchange
standard--prevailing between 1876 and World War I-- and dominated the international economic
system.

Under the gold. exchange, currencies gained a new phase of stability because they were backed by
the price of gold. It got rid of the old practice used by kings and rulers of arbitrarily debasing money
and triggering inflation. But the gold exchange standard did have some faults. As an economy
strengthened, it would import heavily from abroad until it ran down its gold reserves required to back
its money. As a result, money supply would shrink, interest rates would go up and economic activity
slowed to the extent of recession.

Ultimately, prices of goods hit rock bottom, appearing attractive to other nations, who would rush in
and and buy heavility injecting the economy with gold until it increased its money supply, and drove
down interest rates and recreate wealth into the economy. Such boom-bust patterns were prevalent
throughout the gold standard until the outbreak of World War I interrupted trade flows and the free
movement of gold. After the Wars, the Bretton Woods Agreement was started, where participating
countries agreed to try and maintain the value of their currency with a narrow margin against the
dollar and a corresponding rate of gold as needed.

Countries were forbidden from devaluing their currencies to their trade advantage and were only
allowed to do so for devaluations of less than 10%. Into the 1950s, the ever-expanding volume of
international trade led to large movements of capital generated by post-war construction. That
destabilized foreign exchange rates as set up in Bretton Woods. The Agreement was finally
abandoned in 1971, and the US dollar would no longer be convertible into gold. By 1973,
currencies of major industrialized nations became more free floating, controlled mainly by the forces
of supply and demand which acted in the foreign exchange market.

Prices were floated daily, with volumes, speed and price volatility all increasing throughout the
1970s, giving rise to new financial instruments, market deregulation and trade liberalization. In the
1980s, cross-border capital movements accelerated with the advent of computers and technology,
extending market continuum through Asian, European and American time zones. Transactions in
foreign exchange rocketed from about $70 billion a day in the 1980s, to more than $1.5 trillion a day
two decades later. The Euromarket A major catalyst to the acceleration of foreign exchange trading
was the rapid development of the euro-dollar market; where US dollars are deposited in banks
outside the US.

Similarly, Euromarkets are those where assets are deposited outside the currency of origin. The
Eurodollar market first came into being in the 1950s when Russia's oil revenue-- all in dollars -- was
deposited outside the US in fear of being frozen by US regulators. That gave rise to a vast offshore
pool of dollars outside the control of US authorities. The US government imposed laws to restrict
dollar lending to foreigners. Euromarkets were particularly attractive because they had far less
regulations and offered higher yields.

From the late 1980s to present, US companies began to borrow offshore, finding Euromarkets a
beneficial center for holding excess liquidity, providing short-term loans and financing imports and
exports. London was, and remains the principal offshore market. In the 1980s, it became the key
center in the Eurodollar market when British banks began lending dollars as an alternative to pounds
in order to maintain their leading position in global finance. London's convenient geographical
location (operating during Asian and American markets) is also instrumental in preserving its
dominance in the Euromarket.

Forex Currency Trading for Beginners

2007-05-11T19:52:00.000+01:00

The purpose of trading on any market is to buy low and sell high. The foreign currency trading
market FOREX is no exception. The goods traded on this market are rates of currencies for
different countries. As with any other goods, currencies have their prices.

To settle transactions between businesses located in different countries, governments, speculative
transactions and so forth, banks around the world execute currency trades on the FOREX market.
Depending on various trade, economical and other parameters, interest rates, central bank policies,
time of the day, preferences and anticipations of the market players, and many other causes, the
rates - or prices, of currencies stay in ceaseless motion.

Your task as a currency trader is to figure out the trend of the rate and buy an appreciating currency
or sell a depreciating one, and then take your profits through execution of a reverse transaction.

And, at last, you will have a special trading account allowing you to buy and sell desired currencies.
Despite of having US dollars in your account, you may start your trading from selling deutchemarks
or japanese yens not concerning yourself with not having bought them in advance.

Some codes, numbers and definitions:
Each currency is assigned a three-letter code. For example, US dollar is coded - USD (United
States Dollar), euro is coded EUR (EURo), Swiss frank is coded CHF (Confederation Helvetica
Franc), Japanese yen is coded JPY (JaPanese Yen), British pound is coded GBP (Great British
Pound). The currency codes are defined by ISO-4217 standard. Usually they are formed as a two-
letter ISO-3166 country code and the first letter of currency name. There are a few exceptions most
notable being the euro (EUR).

Currency rates are equal to ratios of currency units of different countries relative to each other. The
rates are represented by 6-letter words composed of two three-letter currency codes. The first
position is occupied, as a rule, by the code of a more expensive currency. The rates are expressed in
units of the second currency per unit of the first one. For example, rates USDCHF (USD-CHF)
show the number of Swiss franks in one US dollar, but rates GBPUSD (GBP-USD) show the
number of US dollars having to be paid for one British pound. More detailed information on the
codes of financial instruments may be found in this table.

How to read quotes:
The rates are usually expressed as five-digit numbers. For example, USDJPY = 121.44 means that
1 US dollar is valued at 121.44 Japanese yens (i.e. they are willing to pay you that many yens for
one US dollar while you are buying or selling). At the same time, GBPUSD = 1.6262 means that 1
British pound is valued at 1.6262 US dollars. Generally, if the rate XXXYYY = Z, it means that one
unit of XXX is worth Z units of YYY.

When the rate has changed, for example USDJPY = 121.44 to USDJPY = 121.45 or GBPUSD =
1.6262 to 1.6263, they say that the rate has moved 1 point. As it follows from the information
above, yen in this example has DEPRECIATED by 1 point, but the pound has APPRECIATED,
also by 1 point.

While watching the Forex charts, you should keep in mind that only euro (EURUSD), British pound
(GBPUSD) and Australian dollar (AUDUSD) charts reflect real movements of the rates of these
currencies (that is, chart going up, means increasing price), as growth (that is, charts moving up)
mean decreasing rates (prices) for the other currencies.

Sometimes quotes are given as a pair, for example 121.44/49. It is a BID/ASK pair: the first number
is BID, then the two last figures of ASK. Knowing that ASK is always higher than BID and that the
spread is under 100 points, the full ASK real prices can always be defined. In this example ASK =
121.49.

BID and ASK prices:
It is known, that every transaction is executed at a rather well defined and concrete price, while the
table Quote Spread Sheet lists three prices for each currency.

Each of the participants of FOREX market enters each trade as either a SELLER or a BUYER of a
particular currency. The seller offers the currency at a higher price, for example GBPUSD at 1.6325,
while the buyer bids for it at a lower price, for example, GBPUSD at 1.6322. The seller's price is
called ASK and the buyers price is called BID accordingly. This is why, if you anticipate GBPUSD
to appreciate (your GBPUSD chart to go up), then you should decide to buy the pound when it is
low to sell it high later. You can BUY only from a seller offering it at the price equal to ASK. Should
you be selling the pound (this operation is called SELL), the buyer will bid at a price equal to BID
for it (this holds true for all currencies). The obvious conclusion is that if you have OPENED a
position (the operation is called OPEN), that is you have executed BUY GBPUSD, and want to
CLOSE it immediately (the operation is called CLOSE), that is to sell the pounds you have just
bought, then you could do it only at a loss, similar to what would happen at any currency exchange
booth. Consequently, to make a profit you should let the rate move in the anticipated direction more
than the difference between BID and ASK. The third number is called LAST, which is an average of
last BID and ASK on Forex.

As described above, currencies with a direct quote only appreciate when the chart goes up.
Currencies with inverse quote depreciate when the chart goes up. Considering an upward movement
on the chart, BUY operation would be confusing if it's profitable for some currencies but not for the
others. To clear the confusion, the BUY operation for currencies with inverse quote, like USDJPY,
was altered. BUY for USDJPY and the like buy not the currency itself, like JPY but it buys the US
dollars instead, selling the other currency. For example, BUY USDCHF at 1.4500 buys 100,000
US dollars for 145,000 swiss franks. Thus, the BUY operation is always profitable when the chart
goes up, SELL is always profitable when the chart goes down.

OPEN BUY (up) is executed at the ASK, CLOSE - at the bid BID; OPEN SELL (down) – at the
BID, CLOSE - at the ASK.

STOP and LIMIT orders:
You should become familiar with some useful trading tools allowing us to protect ourselves from
unforeseen losses to certain degree and take the expected profits.

These are STOP and LIMIT. For a previously opened position an instruction may be entered at any
moment (during the working days) to close it, if the rate reaches a preset level. For example, you
have opened a position expecting the rate to go up (on the chart). To protect yourself from significant
losses if the rate moves down, especially in such a situation when you don't have or are about to lose
control of the market, you should enter a STOP, that is set a price at below its current value at which
your position should be closed with no further instructions.

At the same time, if you have opened a down position, then you should specify a price above its
current value. In this case you should bear in mind that if the STOP is set too closely to the current
rate value, then a random rate fluctuation may close a correctly open position at a loss, but if it is set
too far, then the losses could become unreasonably high. LIMIT is a rate value that you set at which
the position should be closed with a profit, that is the value of the LIMIT should always be above the
current level, if you play long, and below it, if you play short.

Forex(FX) Currency Trading Strategy

2007-05-11T19:50:00.000+01:00

A forex currency trading strategy can provide profit for a skilled speculator. A FX trading strategy is,
simply put, a method for using foreign exchange rates of currency from various countries to buy one
countries currency when it is undervalued, and exchange it for another countries currency with it is of
normal or higher value, with the difference being profit.

For example, a common forex currency trading strategy could involve US dollars and the Euro, the
official currency of most European countries. A speculator would buy Euros when they were
undervalued; let’s say two Euros equaled one US dollar. This would be unusual because normally
the two currencies are almost on a par.

By spending one hundred US dollars to buy two hundred Euros a speculator would be able to buy
more goods in Germany, France or other European countries. When the market changed and
became more even, the speculator would have twice as many goods as he normally would and
would be able to exchange those goods for US dollars once again.

The difference would be profit. This is a very simple explanation of a forex trading strategy, but gives
the basics to the begommer. Of course, when coming up with a forex trading strategy the trader
should only use money that he or she can afford to lose. This is speculation, as opposed to
investment. The chances for profit are real, and could come quick but if the market turns the
opposite way than expected the trader could actually lose money.

A forex trading strategy can reap large profits, but if anyone tells you that all trades will result in
profit, they haven’t studied the market as well as they should have and they are not correct. Still
having a sound forex trading strategy for a competent businessperson can be a profitable venture. It
requires study of the markets, which takes time and is usually best accomplished by reading financial
newsletters and using tools available on the Internet.

Getting the advice of a professional forex trading strategy specialist can also be a sound choice.
Professionals have the time, education and skills and can generally help a trader come up with a
forex trading strategy that could result in profit more often than one could do without their help.The
most sound forex trading strategy options are generally used by large multinational corporations who
are often able to make steady profits.

Watching what large corporations do who are involved in forex currency trading, looking for patterns
they may have set, can help a new trader to get the benefit of the very expensive expertise used by
these large companies. Watching the large traders is definitely a good place to start a forex trading
education. Identifying the state of the market, determining the time frame you are working in, and the
currencies that have fluctuation and getting the advice of currency trading professionals through self
study can be the wisest forex trading strategy option available.

Understanding Forex Quotes
Reading a foreign exchange quote may seem a bit confusing at first. However, it's really quite simple
if you remember two things:

The first currency listed is the base currency and

the value of the base currency is always 1.

The US dollar is the centerpiece of the Forex market and is normally considered the 'base' currency
for quotes. In the major currencies this includes USD/JPY, USD/CHEF and USD/CAD. For these
currencies and many others, quotes are expressed as a unit of $1 USD per the second currency
quoted in the pair. For example, a quote of USD/JPY 120.01 means that one U.S. dollar is equal to
120.01 Japanese yen.

When the U.S. dollar is the base unit and a currency quote goes up, it means the U.S. dollar has
appreciated in value and the other currency has weakened. If the USD/JPY quote we previously
mentioned increases to 123.01, the dollar is stronger because it will now buy more yen than before.
The three exceptions to this rule are the British pound (GBP), the Australian dollar (AUD) and the
Euro (EUR). In these cases, you might see a quote such as GBP/USD 1.4366, meaning that one
British pound equals 1.4366 U.S. dollars. In these three currency pairs, where the U.S. dollar is not
the base rate, a rising quote means a weakening dollar, as it now takes more U.S. dollars to equal
one pound, euro or Australian dollar.

In other words, if a currency quote goes higher, that increases the value of the base currency. A
lower quote means the base currency is weakening.

Currency pairs that do not involve the U.S. dollar are called cross currencies, but the premise is the
same.

Spreads not Commissions
When currency trading, you are always quoted a 2-sided dealing price where you can buy or sell the
trade currency. The difference between the buy and sell price is the spread.

BID and ASK Prices
When trading forex you will often see a two-sided quote, consisting of a 'bid' and 'ask'. The 'bid' is
the price at which you can sell the base currency (at the same time buying the counter currency). The
'ask' is the price at which you can buy the base currency (at the same time selling the counter
currency).

Factors affecting the market
Currency prices are affected by economic and political conditions, most importantly interest rates,
inflation and political stability. Governments sometimes participate in the Forex market to influence
the value of their currencies, either by flooding the market with their domestic currency in an attempt
to lower the price, or buying in order to raise the price. This is known as Central Bank intervention.
Any of these factors, as well as large market orders, can cause volatility in currency prices.
However, the size and volume of the Forex market makes it impossible for any one entity to
influence the market for any length of time.

Fundamental vs. Technical Analysis
Currency traders make decisions using both technical factors and economic fundamentals. Technical
traders use charts, trend lines, support and resistance levels, and numerous patterns and
mathematical analysis to identify trading opportunities. Fundamentalists predict price movements by
interpreting a wide variety of economic information, including news, government-issued indicators
and reports, and even rumor.

The most dramatic price movements however, occur when the unexpected happens. The event can
range from a Central Bank raising domestic interest rates to the outcome of a political election or
even an act of war. But, most often it is the expectations surrounding an event that drives the market
rather than the actual event itself.

What Every Currency Trader Should Know
The forex market is one of the most popular markets for speculation due to its enormous size,
liquidity, and tendency for currencies to move in strong trends. An attractive aspect of trading
currencies is the high degree of leverage that is available. Without proper risk management, this high
degree of leverage can lead to enormous swings between profit and loss. Knowing that, even
seasoned traders suffer losses, speculation in the forex market should only be conducted with risk
capital funds that if lost will not significantly affect one's personal financial well being.

Calculating Profit and Loss
For ease of use, online trading platforms should automatically calculate the P&L of your open
positions. However, it is useful to understand how this calculation is done.

Consider the following example:
The current bid/ask price for EUR/USD is 1.2320/23, meaning you can buy 1 euro with 1.2323 US
dollars or sell 1 euro for 1.2320 US dollars.

Suppose you decide that the Euro is undervalued against the US dollar. To execute this strategy, you
would buy Euros (at the same time selling dollars), and then wait for the exchange rate to rise.

So you make the trade: to buy 100,000 euros you pay 123,230 dollars (100,000 x 1.2323).
Remember, at 1% margin, your initial margin deposit would be $1,232 for this trade.

As you expected, Euro strengthens to 1.2395/98. Now, to realize your profits, you sell 100,000
euros at the current rate of 1.2395, and receive $123,950.

You bought 100k Euros at 1.2323, paying $123,230. You sold 100k Euros at 1.2395, receiving
$123,950. That’s a difference of 72 pips, or in dollar terms ($123,950 - $123,230 = $720).

Total profit = US $720

Understanding Margin
The margin deposit is not a down payment on a purchase of equity, as many believe margins to be in
the stock markets. Rather, the margin is a performance bond, or good faith deposit, to ensure against
trading losses. The margin requirement allows traders to hold a position much larger than the account
value.

Trading currencies on margin lets you increase your buying power. Here's a simplified example: If
you have $2,000 cash in a margin account that allows 100:1 leverage, you could purchase up to
$200,000 worth of currency, because you only have to post 1% of the purchase price as collateral.
Another way of saying this is that you have $200,000 in buying power. With more buying power,
you can increase your total return on investment with less cash outlay. To be sure, trading on margin
magnifies your profits.

Managing a Margin Account
Trading on margin can be a profitable investment strategy, but it's important that you take the time to
understand the risks. You should make sure you fully understand how your margin account works.
Be sure to read the margin agreement and talk to your account representative if you have any
questions.

The positions in your account could be partially or totally liquidated should the available margin in
your account fall below a predetermined threshold.

You may not receive a margin call before your positions are liquidated.

You should monitor your margin balance on a regular basis and utilize stop-loss orders on every
open position to limit downside risk. In fact, most traders place a stop-loss order at the same time
of the entry order to limit risk.

How to Chose an Online Forex Currency Trading Broker
Is the firm regulated, with solid financials?
First step – visit the NFA's website to confirm that the firm is a registered FCM. Among the
registered firms, look for those with clean regulatory records and solid financials. Avoid non-
regulated firms, always!

Who runs the firm?
Management expertise is a key factor, as a trader's end-user experience is dictated from the top and
will be reflected in the firm's dealing practices, execution quality, etc. Review staff bios to evaluate
the level of management and trading experience at the firm.

How much leverage does the firm offer?
Too much of a good thing? In the case of leverage, yes. Firms offering excessively high leverage are
not looking out for the best interest of their customers. A good rule of thumb is to not employ more
than 100:1 leverage for Standard (100k) accounts and 200:1 for Mini (10k) accounts.

What resources are available?
Evaluate all of the free and paid decision support tools and resources offered by the firm including,
charting, news, research, wireless trading, etc. Training & education are also valuable for investors
new to the Forex market.

Is 24-hour customer support available?
Forex is a 24-hour market, so 24-hour customer support is a must. Can you contact the firm by
phone, email, chat, etc. Are the reps knowledgeable? The quality of support can vary dramatically
from firm to firm, so be sure to experience it firsthand before opening an account.

How robust is the platform?
Open a demo account and test out the firm's trading platform. A sophisticated platform will be
intuitive, with real-time P&L and position management. Advanced order capabilities are a must for a
24 hour market; not just stops and limit order but complex orders such as If/Then and trailing stops...

Signal 11th May 8.00 pm - 5.00 pm (London Time)

2007-05-10T17:09:00.000+01:00

Daily Forex Signal May 11th

R1=1.9962 R2=1.9982

Pivot Point = 1.9941

S1=1.9920 S2=1.9900

LEVEL C
H4 1.9946
H3 1.9906
H2 1.9882
H1 1.9862
C 1.9842
L1 1.9824
L2 1.9804
L3 1.9780
L4 1.9740

LEVEL B
H4 1.9737
H3 1.9713
H2 1.9707
H1 1.9695
C 1.9683
L1 1.9671
L2 1.9659
L3 1.9644
L4 1.9620

LEVEL A

H4 1.9594
H3 1.9573
H2 1.9562
H1 1.9553
C 1.9542
L1 1.9532
L2 1.9523
L3 1.9511
L4 1.9491

OK - How we use these data for trading?
It’s so simple….

1. Make a horisontal lines for those level and name it. Example: A-H4 for H4 for Level A.
2. Watch the current price… and check in what level the price playing around right now.
3. Remember that H4 is a Breakout Long point and L4 is a Breakout Short point.
4. Let’s say current price playing around Level A.. and around C point.. so, wait until the
price hit L3 or H3… that’s the sign to start your trading.
5. If the price hit L3, so you can OP Buy Stop at L3 point and set your TP1 = C, TP2 = H1,
TP3 = H2 and TP4 = H3. And don’t forget to set your SL = L4.
6. And if the price hit H3, OP Sell Stop at H3 TP1 = C, TP2 = L1, TP3 = L2 and TP4 = L4
7. And how if it’s breakout Long? The next target is L4, L3, L2, L1 and C at the up level
8. And if breakout Short, the next target are H4, H3, H2, H1 and C at the bottom level

Signal 10th May 4.00 pm-8.00 pm (London Time)

2007-05-10T16:49:00.000+01:00

SELL STOP GBP/USD at 1.9839 CLOSE at 1.9821
CUT LOSS at 1.9859

or

SELL STOP GBP/USD at 1.9819 CLOSE at 1.9799
CUT LOSS at 1.9839

Earn up to $1980 or more per month for every hour you spend on the internet...

2007-05-10T04:48:00.000+01:00

"Slash My Search" is a unique website, which offers his surfers payment for using it. The site is a precedence because of the fact that he is paying his surfers according their activities and searches in the website.

The earnings method:
The website offers payment for searching. More searching gains more earnings.
A surfer may also achieve more earnings for every surfer recruited by him to use the website for the same purpose. A great deal of money can be made by using that method. Your earnings are a derivative from your activities and your friends'' activities recruited by you. If a recruited surfer recruits another surfer, you may enjoy more profits as well.
The minimum amount of money accumulated for payment is 10 US$, which will be delivered through your PayPal account.
The website''s reliability has not being determined yet, as I haven''t received any payment till now, because I haven''t reached the minimum wages for that, but the person who recruited me said that he already got several payments. So, when you register, should you decide to do so, can be the judge of that.
You can register at the following website address: www.slashmysearch.com.

Nah, sebuah terobosan baru di tahun 2007 ini. Sebuah perusahaan web menyediakan layanan search engine terbaru yang berjuluk SMS dan berani membayar anda $1980 per month!. Ini SMS bukan sembarang SMS lho, tapi SMS yang di maksud adalah www.SlashMySearch.com. Sangat menarik, dengan mengakses situs tersebut lalu browsing atau pun melakukan aktivitas biasa seperti yang anda lakukan seperti di search engine lain anda akan dibayar untuk setiap jam yang anda habiskan untuk surfing, melakukan pencarian melalui search engine mereka, dan sebagainya.

Mumpung masih hangat, and baru diangkat dari Oven, coba deh program ini. Ini bukan money game dan sejenisnya yang mengharuskan anda membayar sekian Dollar untuk bisa mendapatkan uang. Legal seperti ad-sense, program ini bisa memberikan alternatif baru sebagai sumber penghasilan dengan bersurfing ria di internet.

Menariknya lagi, anda akan tidak kecewa dengan SMS ini. Karena ketika mencari di search engine mereka, ada semacam Snap Shot seperti yang dimiliki oleh Wordpress.com. Cukup liat dari Snap Shot untuk memudahkan anda memutuskan melanjutkan ke situs berikut, atau beralih ke situs lain yang ada di search engine.

Mereka menawarkan bahwa dengan akses melalui search engine ini, anda akan bisa dibawa ke tempat yang sesuai dengan pencarian anda, menyelamatkan anda dari berjuta-juta junk yang tidak berhubungan dengan kata kunci pencarian anda. Mereka memiliki sistem algorithma terbaru yang unik, yang berbeda dengan search biasa yang sudah kita kenal.

Coba deh, ikutan register di web tersebut. Lalu dapatkan $1980/month. Silahkan Klik disini untuk registrasi.

Selamat mencoba deh...

Forex Trading: Position Taking arround the Hillbert Transform Trendline

2007-05-09T16:20:00.000+01:00

Hal yang sering saya lakukan dan cukup efektif dalam meraih profit dalam trading dipasar forex adalah dengan melakukan pengambilan posisi disekitar nilai Hillbert Transform Trendline (HTT).

Saya sangat terobses dengan indikator ini, juga indikator lain semisal candlestick; Time Series Forecast(TSF); Moving Average(MA). Merasa bahwa indikator Hillbert cukup ampuh dijadikan pertimbangan dalam mengambil posisi baik itu Buy/Sell saya, maka dalam setiap bertrading forex saya menjadikan indikator ini sebagai patokan.

Hillbert Transform Trendline, menggambarkan bagaimana pergerakan atau trend suatu pair currency, sama seperti trendline biasa namun HTT sedikit lebih termodifikasi, dimana pergerakan trend akan diberikan secara kontinyu.

Dalam bertrading, indikator ini bisa digunakan sebagai salah satu langkah memaksimalkan profit anda dalam bertrading forex.

Tekniknya adalah sebagai berikut:

Ketika Candlestick/bar chart bergerak menurun atau naik mendekati nilai HTT, anda bisa mencoba pertimbangkan untuk mengambil posisi. Saat pasar Bullish, lalu Trio Candlestick,TSF, MA mulai sedikit bersinggungan valuenya dengan HTT maka dari nilai tersebut coba prediksi, apakah ini akan meningkat terus melampaui nilai resistant atau akan bergerak turun? Nah, jika anda mendapati bahwa berkali-berkali pasar tidak bergerak diatas nilai resistnya namun malah terus menerus mendekati nilai HTT, cobalah pada titik sekitar 5 pips dibawah HTT anda melakukan SHORT (Open SELL). Nah, jika semua sesuai perkiraan berarti anda telah mengambil posisi lebih awal untuk meraih profit, dan memungkinkan anda mendapatkan profit yang lebih besar ketika anda Close position nanti. Lihat gambar berikut:

Berlaku juga sebaliknya ketika pasar sedang Bearish. Saat Trio Candlestick, TSF, dan MA mulai mendekati value HTT, anda bisa mengantisipasi untuk mengambil posisi lebih awal. Lihat apakah pasar terus menerus akan turun dan melampaui nilai support? Nah, jika anda mendapati bahwa berkali-kali pasar tidak bergerak menembus lebih rendah dari nilai support namun malah mendekati nilai HTT, cobalah pada titik sekitar 5 pips diatas HTT untuk anda melakukan LONG (Open Buy). Jika perkiraan idak meleset, berarti anda telah mengambil posisi yang lebih awal pula untuk meraih profit, dan mendapatkan profit yang lebih besar pula ketika anda Close position nanti. Lihat gambar berikut:

Jika anda sedikit ragu lakukan trading dengan sistem STOP/LIMIT sehingga anda bisa mengantisipasi jika pasar bergerak liar mengalahkan analisis anda.

Selamat mencoba...

What should You do if your Google Account redirecting and can not access your account instantly?

2007-05-09T12:31:00.000+01:00

Ketika menggunakan fasilitas internet dengan ISP yang bandwidthnya agak sedikit dibawah standard, cobalah untuk mengakses account google anda atau login ke account blogger anda. Mungkin anda akan menemukan problem yang sama seperti yang dialami rekan saya.

Problem tersebut adalah redirecting nya account google secara terus menerus dan begitu lama terakses ke account google nya sendiri. Ini akan cukup membuang waktu dan terkadang bikin jengkel, meskipun anda mencoba bersabar. Logikanya, untuk sekedar mengakses account justru harusnya tidak selama kita melakukan update data berupa upload dan sejenisnya.

Dulu saya menemukan problem yang sama untuk hal ini, namun saya mencoba berbagai cara bagaimana agar lebih cepat tersambung ke account google/blogger saya. Akhirnya saya menemukan triknya.

Untuk memudahkan/mempercepat anda bisa mengakses account google/blogger tersebut caranya gampang...

Anda cukup mengganti URL anda dari keadaan normalnya. Misalkan biasanya untuk mengakses account anda di blogger, secara otomatis browser akan menuntun anda ke http://www.blogger.com/start. Dan ketika anda mencoba login menggunakan account anda, waktu untuk sekedar bisa login saja diperlama dengan adanya redirecting, serasa di ping-pong and terkadang bikin stress. Untuk mengatasinya cukup mengganti URL tersebut di address bar menjadi http://www.blogger.com/home. Cobalah login, di sini anda akan dengan mudah tersambung langsung dengan account Anda.

Sama halnya jika anda mengakses account google adsense anda, cobalah bandingkan dengan mengakses dari http://www.google.com/adsense dengan URL http://www.google.com/adsense/home. Saya yakin dengan mengakses ke URL yang kedua anda akan lebih mudah terakses ke account google adsenses anda.

So, bagi anda yang semula sempat kesal dengan hal ini, harap di coba cara tersebut. Jangan cepat stress, tetaplah bersabar dan mencoba untuk menemukan solusi....

Two Way Oportunities and Double Your Profit in Forex Market

2007-05-07T17:48:00.001+01:00

Tidak ada rahasia ataupun trik rahasia yang 100% bisa menjamin Anda membukukan keuntungan terus-menerus seumur hidup dalam melakukan transaksi di pasar Forex. Fakta bahwa Teori dan logika terkadang tidak bisa sejauh itu mampu melawan sentimen pasar benar adanya. Namun masih ada harapan bagaimana dari pergerakan pasar yang terkadang diluar perkiraan masih bisa memaksimalkan profit kita.

Di pasar Forex kita bisa melakukan trading dalam pairs currency yang sesuai selera masing-masing, entah itu GBP/USD, USD/CHF, EUR/USD, USD/JPY, dan sebagainya. Namun sebaiknya anda trading dalam pair currency yang kira-kira anda cukup mengerti trend atau pattern pergerakan historisnya.

Ada yang menarik dari pair currency diatas, bahwa kalau diperhatikan GBP/USD & USD/CHF lalu EUR/USD & USD/JPY bergerak dalam pattern tertentu. Coba perhatikan pergerakan GBP/USD & USD/CHF, keduanya bergerak dalam pola yang berlawanan arah. Hal yang sama juga terjadi pada mata uang EUR/USD & USD/JPY, dan beberapa pair currency yang lain.

Kemungkinan ini bisa kita exploit untuk membukukan profit yang lebih dengan mengambil posisi dalam dua jenis pair currency. Misal ketika anda memperkirakan pergerakan EUR/USD meningkat (baca Tulisan dibawah) sesuai dengan indikator yang Anda pakai lalu memutuskan untuk melakukan LONG position, dan ingin mendapatkan profit lain dari pair currency lain maka anda bisa melakukan SHORT position pada USD/JPY. Jika prediksi analisis Anda tepat, Anda akan bisa Men-Double Profit Anda... Namun Hati-hati, hal ini bisa menjadi Boomerang jika anda OPEN position pada posisi yang salah, bukannya Double Profit yang Anda dapat, malah Double LOSS memangkas capital Anda...

Belajar terus dari pengalaman dan informasi yang tersedia luas di berbagai media, dan dari orang-orang yang sudah master dalam hal ini. Karena orang pintar belajar dari pengalaman dia sendiri, sementara orang arif belajar dari pengalaman orang lain, sementara orang akan terus Bodoh karena tidak mau belajar...

Technical Analysis in Smart & Simple Forex Trading Strategy

2007-05-07T17:48:00.000+01:00

Profit! Profit! Profit!
adalah tujuan utama yang kita ingin capai dalam melakukan investasi di pasar Forex. Berbagai indicator dan charts, serta advise dari para pakar menjadi barometer yang menjadi patokan banyak trader di dunia. News, Rumor atau apapun bentuk informasi yang relevan akan menjadi sangat berguna untuk mengambil langkah-langkah antisipasi maupun eksekusi dalam mengambil keputusan open ataupun close position.

Bagi beberapa trader, fundamental analysis adalah faktor utama dalam pengambilan keputusan setiap transaksi dengan technical analysis sebagai pendukungnya.

Berkembang pesatnya pasar Forex secara luar biasa dalam satu dekade ini menjanjikan profit yang cukup menjanjikan, dan "menggoda" banyak orang untuk mengadu peruntungan dalam investasi ini.

Investasi di pasar forex memberikan kemungkinan profit yang jauhh lebih tinggi dibandingkan bunga bank, namun tentunya kemungkinan resiko yang besar pula.

Untuk melakukan trading tersebut, hendaknya jangan memulai investasi gede-gedean sebelum anda mengerti benar seperti apa investasi di pasar forex. Pertimbangan faktor-faktor fundamental ataupun teknis yang ada dalam mengambil keputusan Open (buy/sell), harus cermat dilakukan.

Jika Anda beginner dalam bisnis ini, tidak perlu harus kuliah 4 tahun ataupun bergelar professor untuk bisa eksis dalam bisnis ini. Tidak perlu mengeluarkan biaya kursus yang mahal untuk sekedar memulai berkenalan dengan Forex, dan bertrading di pasar Forex.

Dalam melakukan daytrading simple saja untuk mencari profit, yaitu trading berbasis pada Resistant & Support pergerakan pasar. Cukup dengan menggunakan 4 indicator Anda sudah bisa membukukan profit yang lumayan dari hasil Anda sendiri.

Ada 4 indikator yang lumayan bisa Anda gunakan dalam trading forex, diantaranya: Candlestick, TSF (Time Series Forecast), MA (Moving Average), HTT (Hillbert Transform Trendline).

Mekanismenya:
Perhatikan pergerakan bar di candlestick, jika pergerakan harga meningkat diikuti naiknya indikator TSF & MA sementara ketiga indikator ini berada diatas garis HTT maka lakukan Open (Buy) [LONG], dan setelah harga bergerak sesuai target profit Anda misal +30 lakukan Close (Sell).

Namun sebaliknya, jika pergerakan harga menurun diikuti menurunnya TSF & MA sementara ketiga indikator ini berada dibawah garis HTT maka lakukan Open (Sell) [SHORT], setelah harga bergerak sesuai target profit misal +30 lakukan Close (Buy).

Demikian seterusnya, namun jika Anda ragu apakah pasar bergerak sesuai/diluar kendali analisis yang Anda prediksi, maka perlu kiranya untuk melakukan Open Position dalam STOP Buy/Sell lalu tentukan limit LOSS Anda.

Indikator-indikator lain bisa Anda jadikan pertimbangkan dalam bertrading, seperti RSI, Stochastic, MACD, Fibonacci, dll. Silahkan pilih... Namun saya rekomendasikan cari yang sesimple mungkin dan mudah bagi Anda. Pokoknya bisa membuat Anda Profit...

Buffett Provides Some Succession Details (from Associated Press)

2007-05-07T14:10:00.000+01:00

Warren Buffett Provides Some Details About 1 of 3 Positions in His Succession Plan
By Josh Funk, AP Business Writer

OMAHA, Neb. (AP) -- Billionaire Warren Buffett doesn't want to give up the throne at his holding company anytime soon, but the 76-year-old is preparing for that day.
Many details remain secret, but the question of who might become Berkshire Hathaway Inc.'s chief investment officer is getting a lot of attention because Buffett said in March he plans to hire one or more candidates for that position soon on a trial basis.

Wrapping up this weekend's activities surrounding Berkshire Hathaway's shareholders meeting, Buffett said whoever he hires should expect to be paid based on how well their investments perform.

"I would give them a small salary, and then pay them a percentage based on how they outperformed the S&P on a five-year average," Buffett said at a news conference Sunday.

Vice Chairman Charlie Munger said that fits with the company's overall compensation plan.

"Generally, we want people's compensation tied to what they can control," Munger said. So he said Berkshire's new investment managers won't be paid based on Berkshire's overall value.

When he returns to the office Monday, Buffett will encounter the 600 to 700 applications he's already received for that post, and the mail will likely bring more.

Buffett said the investment managers he hires won't necessarily be expected to live in Omaha where he and the company's 19-person headquarters are based.

"My notion would be to let them live wherever they feel best about life," Buffett said. "Wherever you can think best, the information is readily available."

Of the three or four investment managers Buffett plans to hire, he has said one, or maybe two, would eventually become Berkshire's chief investment officer.

That's one of the three jobs Buffett is dividing his duties into as part of his succession plan.

The only part that has been spelled out is the job of chairman. Buffett has said that when he dies, his son will take over the job to ensure Berkshire's culture is preserved. Howard Buffett already serves on the board.

Buffett said he and the board have already picked three managers of companies Berkshire Hathaway Inc. owns who could succeed him as chief executive tomorrow, if the need arose.

"All three of them would be, in many respects, better at it than I am," Buffett said Sunday. "But they don't own 30 percent of the stock, so they'll have to wait."

Four Berkshire managers that keep coming up as possible successors are: Ajit Jain, who runs Berkshire's reinsurance division; Tony Nicely, chief executive of Berkshire subsidiary Geico; Richard T. Santulli of NetJets; and David Sokol, CEO of Iowa-based MidAmerican Energy.

But Buffett said again Sunday that he still loves what he does and is in good health.

"I feel terrific. You ought to try this peanut brittle," Buffett said, referring to the box of candy he and Munger kept between them at the news conference.

Despite the central role Munger plays in the company, little attention is paid to finding a successor for the 83-year-old vice chairman. But he says that's how it should be.

"I do not need to be replaced," Munger said. "If you fade away, you do not need to be replaced."

On other topics, Buffett elaborated on Berkshire's surprise move this year to become the biggest shareholder in Burlington Northern Sante Fe Corp. and his company's purchase of stakes in two unnamed North American railroads.

Buffett and Munger said they got over their prejudices against railroads and realize the industry has a better competitive position today.

Buffett also may have hinted at the identity of one of the two unnamed railroads when answering a question about Canadian businesses he likes.

"The guy at Canadian National has done the best job of anybody in the railroad industry," Buffett said.

Both Buffett and Munger said the newspaper industry faces serious challenges because the economics of the business are eroding, which could jeopardize the quality of the news.

"Now that they're a more threatened enterprise, it will be harder to maintain that integrity," Munger said.

Buffett said he believes newspaper ownership may shift from public companies interested in profits to owners driven by motives like public service or ego. But whoever runs newspapers will face long-term challenges, he said.

Berkshire draws nearly half of its revenue from insurance and reinsurance businesses, and in 2006 the company benefited from a quiet hurricane season. But Buffett said Berkshire's exposure to hurricanes in 2007 is about half what it was last year because premium prices fell below what Berkshire would accept.

Berkshire owns more than 60 companies including insurance, clothing, furniture, jewelry and candy companies, restaurants, natural gas and corporate jet firms and has major investments in such companies as Coca-Cola Co., Anheuser-Busch Cos. and Wells Fargo & Co.

Program Referral terbaru Amazon.com

2007-05-07T13:16:00.000+01:00

Ingin mendapatkan $ 15 untuk setiap product yang terjual?
Kira-kira begitulah headline promo sebuah program baru yang diadakan oleh Amazon.com. Mulai tanggal 1 Mei 2007, Amazon.com memberikan service baru untuk pelanggan nya diseluruh dunia dengan menawarkan Amazon Cell Phones and Service. Untuk para associates yang berhasil mendatangkan penjualan, reward sebesar $15 akan diberikan cuma-cuma.

Amazon Cell Phones and Service, adalah layanan baru Amazon.com untuk memenuhi permintaan pelanggan akan sarana belanja online cellphone terbesar, terlengkap, dan terpercaya di seluruh dunia. Disana pelanggan akan bisa menemukan segala jenis HP dari berbagai merek terbaru, dengan berbagai spesifikasi teknis yang sesuai dengan kebutuhan.

Bila Anda tertarik mendapatkan penghasilan tambahan dari website Anda, dan ingin mendapatkan reward $15 untuk setiap barang yang terjual karena rekomendasi Anda, Anda bisa bergabung untuk menjadi Associates di Amazon.com...

Would a Global Crisis Make E-Gold Glitter? (Business Week's Article)

2007-05-06T10:14:00.004+01:00

That's the idea behind this awkward online currency. But fans use it for digital transactions -- even in these stable times...
by Geoff Smith - Business Week's Boston bureau

The U.S. economy could hardly be stronger. The world's financial markets are as stable as they've ever been. But the founders of Web site e-gold.com hold the paranoid view that the full faith and credit of the U.S. government may not always sustain the worth of the almighty dollar. E-gold's creators, a Baltimore lawyer and a Florida doctor, have quietly established an ambitious alternative world currency backed by gold.

E-gold is one of the more radical experiments in Internet finance. It's a legal and mostly aboveboard private currency that can be used for conducting financial transactions online. While it has a growing number of enthusiastic fans, it's a complex system that is hardly ideal for the majority of U.S. consumers. E-gold also operates outside the radar screen of federal regulators and the world's financial establishment. While that offers some advantages, it also opens the door for potential abuse.

MARKET RISK. What is e-gold? At one level, it's a simple service. A customer opens an online e-gold account and funds it with a check or cash. E-gold sells the customer gold, silver, platinum, or palladium -- whatever the customer chooses -- at a price determined by e-gold, which is roughly the going spot price for each precious metal. Via e-mail, the customer can then use the metals-based currency -- e-gold -- to send it to someone, pay a bill, or buy something. It works easily if the recipient has an e-gold account. If not, e-gold will cut the recipient a check and send it through the mail for a 90-cent fee.

E-gold is an awkward currency. Customers risk losing money if the value of the metal in their account falls in the open market, or they can gain money if the metal in their account rises in value. Customers incur capital gains or losses by constantly buying and selling the metal underlying their account -- usually gold. But the company that operates e-gold, Gold & Silver Reserve Inc., is not required to file anything about these transactions to federal authorities. So it's up to consumers to voluntarily report the results of their trades. It's an open door for tax evasion.

--------------------------------------------------------------------------------
Economist Richard Rahn warns that e-gold "could be used as a vehicle for money laundering"
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In addition, Richard W. Rahn, a prominent Washington economist who has written a book advocating the use of digital money, says the currency's existence outside the banking system means "of course, it could be used as a vehicle for money laundering." Barry W. Downer, the Baltimore lawyer who co-founded e-gold, says e-gold is not aimed at helping would-be thieves. The site encourages its customers to file capital-gains reports with the IRS and provides customers with detailed data to do so, he says. He also claims e-gold is not a safe way to launder money because his firm keeps meticulous transaction records that federal regulators could easily obtain through court order. And as with any U.S. business, it has to report all customer transactions involving $10,000 or more in cash.

Why e-gold? Downer says it's rooted in an economic philosophy that worries about the stability of dollar-denominated currencies around the globe. The theory is that a major financial crisis will sharply devalue the dollar, and a gold-based currency will be safer in the long run. As stated on e-gold's Web site: "e-gold cannot be rendered worthless by a financial crisis, whereas paper money can."

The folks who run the site emphasize that e-gold entails "no financial risk" because the currency is backed by gold. But clearly, market risks exist. Gold, silver, palladium, and platinum fluctuate daily in world markets. And in recent years, gold has been a lousy investment.

SMALL-BIZ CONVENIENCE. E-gold has spent nothing on advertising, but its account base is already larger than some Internet-only banks that lay out millions of dollars on marketing. In the first three months of 2000, customers bought $4.5 million in precious metals.

That its customer base is growing rapidly is no surprise. The digital currency has advantages over existing payment systems. For one, it avoids the problems of credit-card fraud. Precious metal, at whatever value, backs every transaction. E-gold can also be used by small businesses abroad that don't qualify to accept credit cards or don't want to pay credit-card company fees of about 3% per charge.

--------------------------------------------------------------------------------
E-gold has struck a chord especially with members of libertarian and antigovernment groups
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E-gold's antigovernment message, along with the apparent privacy of e-gold, have created some rabid enthusiasts. Many customers are members of libertarian and antigovernment groups, lawyers specializing in privacy and offshore trusts, or small-business owners who don't like to pay credit-card fees. One such fan, an Australian who sells CD and DVD players on eBay, conducts business with customers in Britain, South Africa, and the U.S. using e-gold. He says in an e-mail message: "It works seamlessly, it's very private, and the government here in Oz doesn't know about it." He adds, "I love the privacy factor."

The operations behind e-gold are exceptionally complex. It's built on a web of companies with operations around the globe. I may have some details wrong -- Downey explained that the corporate structure is constantly changing. But it goes something like this:

Gold & Silver Reserve's headquarters is in Melbourne, Fla., with about 10 employees. G&SR acts as a "market maker," buying and selling precious metals in the open market. (The price G&SR pays to buy metals is not disclosed to customers.) A separate Delaware corporation, Omnipay, serves as an "exchange provider" and directly handles, or will soon directly handle, customer transactions. Another company, E-Gold Ltd., is a trust based in the British West Indies island of Nevis, a noted tax haven, and holds actual ownership of G&SR's gold and other metals. Two Bermuda-based lawyers at the firm of Mello, Hollis, Jones & Martin, serve as trustees for E-Gold Ltd. The gold is physically held by independent companies in Canada and Switzerland.

All this, Downey says, is designed to protect customers in case the parent company in the U.S. goes bankrupt or gets sued. What happens if the trustees refuse to turn over the gold? Downey says the company is writing an arbitration clause into a new customer agreement.

NEXT GENERATION. Sounds complicated, and it is. E-gold may appeal to those who share the company's philosophy about the value of gold as currency. It may also be useful to a small business that can't get accepted to take credit cards -- some 40% of e-gold's customers are based outside the U.S., including some small African merchants.

Those aiming for completely private financial transactions may want to wait for the next iteration of e-gold. An Anguilla-based service called DigiGold will use both e-gold and sophisticated encryption technology to allow totally anonymous financial transactions anywhere in the world.

Most U.S. consumers can find easier alternatives. One example is PayPal, recently acquired by x.com. Simply fund your account with a credit card or a bank account, and you're off. An even simpler service, e-cash, is already available through Deutche Bank in Europe and may soon be available through major U.S. banks.

If you've used e-gold or another Web-based payment service, send me an e-mail and let me know what you think.

Smith covers a wide variety of topics, including personal finance issues, from Business Week's Boston bureau.
Have a question or a comment? Let him know at geoff_smith@ebiz.businessweek.com.

Apple Introducing the iPhone...

2007-05-06T10:14:00.003+01:00

iPhone combines three amazing products — a revolutionary mobile phone, a widescreen iPod with touch controls, and a breakthrough Internet communications device with desktop-class email, web browsing, maps, and searching — into one small and lightweight handheld device. iPhone also introduces an entirely new user interface based on a large multi-touch display and pioneering new software, letting you control everything with just your fingers. So it ushers in an era of software power and sophistication never before seen in a mobile device, completely redefining what you can do on a mobile phone.

Rapidshare Download Manager with RapidHarvest

2007-05-06T10:14:00.002+01:00

Technorati Profile
Rapidshare is the most populer server that you can share your files with other. One of usefull tools for download from the rapidshare.com is RapidHarvest.Why use this download tools?

RapidHarvest is a download manager with Scripting Capabilities. That mean that you can control exactly how your download will be done, you can make before and after operations with your download links. For example you can create an script that will download multiple pages from a specific URL Or Download only selected images from a web site, etc. Find more on their official site.
Features for this tools:
- Support Importing of text files
- Support saving and loading your lists
- Automatic download in sequency.
- Server using user name and password (Support only for people who has made a donation. Sorry but If you have money to buy a user name and password then you have money to make a donation)

Currently this RapidHarvest has been release v1.3.0.0

Rapidshare Download Tools Rapget

2007-05-06T10:14:00.001+01:00

Another rapidshare download tools called Rapget. RapGet (RAPidshareGET) is a downloader with code recognition for such share servers as rapidshare.de, megaupload.com, slil.ru and others. One of the benefit of rapget is support most of share servers.

Feature:

a freeware;

a small soft (about 200 Kb);

autodownloads from 67 free share services;

a lot of simultanious downloads;

multilingual support (47 languages).

Currently version is Rapget v.1.2.6

Find download files at their official site...

RapidLeecher 5.1 another Rapidshare Download Utility

2007-05-06T10:14:00.000+01:00

Still talk about this rapidshare.com download tools. RapidLeecher is the ultimate, easy to use and free software to leech links from file share service Rapidshare, you just paste the link and your download will automatically get downloaded to your desktop with maximum speeds and minimal user interaction.

The free software also has support for using proxy servers so that you can download many files at the same time

Features:

1. Automated Downloading.
2. Auto start and system tray support.
3. Clipboard monitoring.
4. Silent operation mode, will sit and wait for links in system tray.
5. Pr@xy Support for simultaneous downloads and unlimited downloading of rapidshare premium link converter.
6. Inbuilt Downloader with detailed static’s.
7. Full installer and uninstaller.
8. Simple utility.
9. Pleasant, easy to use interface.
10. Constantly Updated.
11. Adware & Spyware Free.
12. Support is provided for users with quick BUG FIXES
13. Best of All its FREE & SAFE…

Download

Forex: Scalping Strategy

2007-05-04T20:34:00.000+01:00

There are a number of options that any investor has when trying to decide where to invest his/her money. Forex (i.e. the foreign exchange market) is one of these choices. Just as millions of travelers do every year when they go abroad, Forex traders are merely exchanging one form of currency for another. But as most people already know, one dollar of U.S. currency is not equal to one Euro - there is always a conversion rate involved in any exchange between currencies.

Just as with stock prices, the exchange rate between currencies is constantly changing and reacting to market conditions. One Euro might be worth 1.300 USD today, but only 1.2518 USD the following day. When dealing with currency exchanges, the two currencies being traded are known as the currency pair. The base currency is the first in the currency pair and it is used when the account is set up (USD/Euro). So, if an investor was looking at the exchange rate of 1.312 USD when looking at the base pair of the Dollar/Euro - this means that it takes 1.312 USD to buy one Euro and that the dollar was used to set up this transaction.

Forex traders are always trying to anticipate the movement of exchange rates and capitalize upon those predictions. As with stocks, Forex investors can profit whenever they correctly predict moves in the exchange rates - whether they move up or down. Scalping is one of several strategies that have evolved in Forex trading.

At its simplest, scalping involves short-term movements in the exchange rates. In other words, Forex traders who use the scalping strategy are not in it for the long haul - in fact, this strategy may only involve investments that last a few hours - or even minutes. Scalpers pay very special attention to market indicators that specifically affect Forex rates.

Exchange rates tend to fluctuate based upon economic and political news events - on both the national and international levels. There are several key indicators that scalpers (or any Forex trader) pay special attention to before investing and many of them involve government statistics, including the Gross Domestic Product (GDP) rate, unemployment figures, trade balance reports, inflation, and interest rate announcements.

The reason that most currency markets rely so heavily upon government statistics is because they are both accurate and reliable indicators of economic strength or weakness. The statistics are compiled and analyzed using very complex formulas that are nearly impossible to manipulate. These government figures are both transparent and generally available to everyone at the same time - so there is a general sense that the currency market is an even playing field for both large and small investors. These statistics are generally released around the same time every month (with the exception of figures that are released quarterly, like the GDP) and distributed by all the major players, such as Reuters, Bloomberg, CNBC, etc.

However, a good or bad report on unemployment will not necessarily mean a change in currency exchange rates. For instance, assume an investor is interested in the exchange rate between the USD and the Euro. If the quarterly GDP figures showed a solid 5% increase for the U.S. economy but a lackluster 2% increase for the euro zone, an inexperienced Forex trader might assume that the dollar would rise against the Euro.

Unfortunately, it is not that simple because the figures themselves are not truly what move the currency exchange rates. In reality, it is the perception and expectations of the market that will move the rates. So, even though the U.S. economy grew faster than the euro zone, the dollar may still lose ground to the Euro on the exchange market. The U.S. economy may have been expected to grow at 7.5% while the euro zone had very low expectations and was only expected to expand at a 1% rate. Thus, the U.S. economy grew at about half the rate expected while the euro zone grew at double the anticipated amount - thus, it is more likely that the dollar would lose ground to the Euro in such a situation.

Using the example above, a Forex trader using the scalping strategy would be eagerly awaiting the GDP figures to be released by the respective governments. When they are released, the investor may indeed anticipate that the dollar would lose ground against the Euro. Because smaller investors can organize and react quickly to economic data, they actually have a slight advantage over the larger investors and hedge funds - especially when using the scalping strategy.

The basic premise of any Forex investment is to purchase one currency while simultaneously selling another. In truth, the GDP announcement may only cause a slight adjustment to the exchange rate between the USD and the Euro - and yet the size and liquidity of the currency market may still make the transaction profitable if the movement of the exchange rate can be accurately predicted.

The currency market is the most fluid and liquid in the world with roughly $2 trillion dollars changing hands each day. While the standard size of a transaction in options is 100 shares of the underlying stock or investment, the typical size (standard lot) of a Forex trade is 100,000 units of currency. Therefore, for the scalper who predicted that the dollar would lose ground as a result of the economic data released by the government earlier in the day, the movement of the Euro to 1.312 from 1.260 could be quite profitable. While the position only moved .052, the fact that the standard lot is 100,000 units of currency means that the gross profit would be $5200!

It is quite possible that the scalper could buy in earlier than the larger investors and thus make a bigger profit than when the market finished reacting to the economic data released earlier in the day. But, would a scalper necessarily make all $5200 of the potential gross profit? Probably not, because the investor will typically have trigger points already in mind when making an investment.

Investments using the scalping strategy are very short term and may indeed only be a few hours in duration. Investors need to already have targets and stops in mind before investing in Forex if they intend to use the scalping strategy. After all, it is impractical to follow the exchange rates on a minute-by-minute basis for very long. The target is the projected price level that the currency will reach (verses the other currency in the pair) as a result of the economic or political data recently released. Stops are determined by the investor and they are specific points within the target range. When prices reach these stops, the stop order becomes a market order and the currency is unloaded - with the investor presumably making a "reasonable" profit for their troubles. Most successful scalpers use technical analysis (historical data) to determine the stop points for the currency exchanges.

Order and Positions in FX

2007-04-16T05:59:00.000+01:00

When you want to open a position you need to place an "entry" order. If and when the entry order executes, the position becomes "open" and starts its life on the market. At some point in the future, you will place an "exit" order to "close" the position. A position can be "long" (entry order is to buy and exit order is to sell an instrument) or "short" (entry order is to sell and exit order is to buy an instrument).

At the point when you place your entry order, you need to define price level at which you want to buy or sell certain instrument. You also need to specify type of the order and quantity of the instrument you want to trade. There are 3 order types:

Market Order

Placing a market order means that you will buy at the current "ask" (or "offer") price, or sell at the current "bid" price, whatever that price currently is. For example, suppose you are buying a market instrument and its current market price is 129.34 / 129.38. This means a participant in the market is willing to buy the instrument from you at 129.34 and / or sell it to you at 129.38.

Stop Order

Initiating a trade with a stop order means that you will only open a position if the market moves in the direction you are anticipating. For example, if an instrument is trading at 129.34 / 129.38 and you believe it will move higher, you could place a stop order to buy at 129.48. This means that the order will only be executed if ask price in the market moves up to 129.48. The advantage is that if you are wrong and the market moves straight down, you will not have bought (because 129.48 will never have been reached). The disadvantage is that 129.48 is clearly a less attractive rate at which to buy than 129.38. Opening a position with a stop order is usually appropriate if you wish to trade only with strong market momentum in a particular direction.

Limit Order

A limit order is an order to buy below the current price, or sell above the current price. For example, if an instrument is trading at 129.34 / 129.38 and you believe the market will rise, you could place a limit order to buy at 129.28. If executed, this will give you a long position at 129.28, which is 10 pips better than if you had just used a market order. The disadvantage of the limit order is that if the instrument moves straight up from 129.34 / 129.38 your limit at 129.28 will never be filled and you will miss out on the profit opportunity even though your view on the direction was correct. Opening a position with a limit order is usually appropriate if you believe that the market will remain in a range before moving in your anticipated direction, allowing the order to be filled first.

For both entry and exit orders you can specify price levels at which you want them to be executed. You have to specify entry levels when you place you entry order, while most trading systems would allow you to specify exit levels at any time.

Forex is Highway to earn Profit!

2007-04-15T13:25:00.000+01:00

Forex is NOT a futures market. Because it's highly leveraged like futures doesn't mean it's futures. Forex is the currency markets, where you trade a currency pair like the EUR/USD or USD/JPY.

Is it risky? Yes. But so is driving. How many people get killed on American Highways everyday? Does that mean you should not drive? If you drive safely, defensively, and watch your speed, etc., then you greatly increase the chances of getting to your destination safely. Same thing with trading.

It kills me when these people make general comments like that. Everything has an element of risk to it, but it doesn't mean you shouldn't do it.

And FX used to be for the big boys only. Prior to the early 90's if you wanted to trade FX, you needed a net worth of at least $10 million and an account minimum of $1 million. But, today you can open an account with as little as $100. Other things like stocks, options, futures, etc. you need to have at least $5,000 to open an account.

Now to answer your question an Expert Advisor is basically an automated trading robot. It's just a system that's automated and will trade your account for you.

The impact of News on FOREX

2007-04-14T05:50:00.000+01:00

News are the foundation stone of the fundamental analysis. Any market is influenced, in one way or another, by news and other economic indicators. The forex is the most allergic to news, especially for short term movements, due to the fact it is open almost 24 hours a day (from 5pm EST on Sunday until 4pm EST Friday). Traders should pay attention to news from all over the globe (the market responds not only to US news). With no less than eight major currencies and approximately 17 derivatives, there is always a news release in any given time, which can be used to predict a certain movements in a specific currency. Each day there are at least seven important information releases that affect the eight major currencies (USD, EUR, GBP, JPY, CHF, CAD, AUC and NZD) and all the currency combinations you can assemble with them, a fact which creates a lot of opportunities for the forex news-trader.

It is important for any fundamental trader to know which of the news releases are the most significant to the forex user and the timing of their release (time is a huge factor in trading). The currency combinations are so wide that they cover the entire globe; a trader can choose his investment and pay attention to that particular currency economic news. Take my advice and always pay attention to the US economic - 90% of forex trades involve the USD.

For conclusion, after choosing the pairs you’re about to trade, make sure to find out which news and economic reports has an impact on your investment. Trading news is not as simple as it may sound; the forex market reacts to other factors as well and in some cases they can overcome the news' influence.

Forex tips: smart money management

2007-04-14T05:49:00.001+01:00

The foundation stone for success in forex trading is smart money management. Realizing and knowing how to do that is what spread the kids from the big boys. The wise way to make a huge profit is by managing you trades in a way that you’ll invest only around 1-2 percent from your main capital. It will take time but in the end you’ll see that all your small profits sum up to be twice or even three times the size of the amount you started with. Novice traders usually think that the forex
market is a magic-market where you invest a lot of money in one trade and made a fortune in a few days or even hours. Yes, you can do that, and maybe you’ll even profit in the first time, but in less of a week you’ll loss all of your main capital. When dividing your funds into a couple of trades it is very important to use stop-loss and limit-orders to look after and observe your investments.

The forex market is very unstable; he can be very beneficial but without the proper knowledge and approach you will go bankrupt. It is not possible to win each and each trade. The principle is to know how to keep your losses low and your profits high, so in the end your profits will overcome the losses. Don’t take each lose as personal issue, remain with high moral. A true trader doesn’t measured by the amount of losses and wins he had, but the amount of money he got in his hand eventually. Realizing that will help you save a lot of time and effort.

Forex?! What FX is?!

2007-04-14T05:43:00.000+01:00

For those unfamiliar with the term, FOREX (FOReign EXchange market), refers to an international exchange market where currencies are bought and sold. The Foreign Exchange Market that we see today began in the 1970's, when free exchange rates and floating currencies were introduced. In such an environment only participants in the market determine the price of one currency against another, based upon supply and demand for that currency.

FOREX is a somewhat unique market for a number of reasons. Firstly, it is one of the few markets in which it can be said with very few qualifications that it is free of external controls and that it cannot be manipulated. It is also the largest liquid financial market, with trade reaching between 1 and 1.5 trillion US dollars a day. With this much money moving this fast, it is clear why a single investor would find it near impossible to significantly affect the price of a major currency. Furthermore, the liquidity of the market means that unlike some rarely traded stock, traders are able to open and close positions within a few seconds as there are always willing buyers and sellers.

Another somewhat unique characteristic of the FOREX money market is the variance of its participants. Investors find a number of reasons for entering the market, some as longer term hedge investors, while others utilize massive credit lines to seek large short term gains. Interestingly, unlike blue-chip stocks, which are usually most attractive only to the long term investor, the combination of rather constant but small daily fluctuations in currency prices, create an environment which attracts investors with a broad range of strategies.

How FOREX Works

Transactions in foreign currencies are not centralized on an exchange, unlike say the NYSE, and thus take place all over the world via telecommunications. Trade is open 24 hours a day from Sunday afternoon until Friday afternoon (00:00 GMT on Monday to 10:00 pm GMT on Friday). In almost every time zone around the world, there are dealers who will quote all major currencies. After deciding what currency the investor would like to purchase, he or she does so via one of these dealers (some of which can be found online). It is quite common practice for investors to speculate on currency prices by getting a credit line (which are available to those with capital as small as $500), and vastly increase their potential gains and losses. This is called marginal trading.

Marginal Trading

Marginal trading is simply the term used for trading with borrowed capital. It is appealing because of the fact that in FOREX investments can be made without a real money supply. This allows investors to invest much more money with fewer money transfer costs, and open bigger positions with a much smaller amount of actual capital. Thus, one can conduct relatively large transactions, very quickly and cheaply, with a small amount of initial capital. Marginal trading in an exchange market is quantified in lots. The term "lot" refers to approximately $100,000, an amount which can be obtained by putting up as little as 0.5% or $500.

EXAMPLE: You believe that signals in the market are indicating that the British Pound will go up against the US Dollar. You open 1 lot for buying the Pound with a 1% margin at the price of 1.49889 and wait for the exchange rate to climb. At some point in the future, your predictions come true and you decide to sell. You close the position at 1.5050 and earn 61 pips or about $405. Thus, on an initial capital investment of $1,000, you have made over 40% in profits. (Just as an example of how exchange rates change in the course of a day, an average daily change of the Euro (in Dollars) is about 70 to 100 pips.)

When you decide to close a position, the deposit sum that you originally made is returned to you and a calculation of your profits or losses is done. This profit or loss is then credited to your account.

Investment Strategies: Technical Analysis and Fundamental Analysis

The two fundamental strategies in investing in FOREX are Technical Analysis or Fundamental Analysis. Most small and medium sized investors in financial markets use Technical Analysis. This technique stems from the assumption that all information about the market and a particular currency's future fluctuations is found in the price chain. That is to say, that all factors which have an effect on the price have already been considered by the market and are thus reflected in the price. Essentially then, what this type of investor does is base his/her investments upon three fundamental suppositions. These are: that the movement of the market considers all factors, that the movement of prices is purposeful and directly tied to these events, and that history repeats itself. Someone utilizing technical analysis looks at the highest and lowest prices of a currency, the prices of opening and closing, and the volume of transactions. This investor does not try to outsmart the market, or even predict major long term trends, but simply looks at what has happened to that currency in the recent past, and predicts that the small fluctuations will generally continue just as they have before.

A Fundamental Analysis is one which analyzes the current situations in the country of the currency, including such things as its economy, its political situation, and other related rumors. By the numbers, a country's economy depends on a number of quantifiable measurements such as its Central Bank's interest rate, the national unemployment level, tax policy and the rate of inflation. An investor can also anticipate that less quantifiable occurrences, such as political unrest or transition will also have an effect on the market. Before basing all predictions on the factors alone, however, it is important to remember that investors must also keep in mind the expectations and anticipations of market participants. For just as in any stock market, the value of a currency is also based in large part on perceptions of and anticipations about that currency, not solely on its reality.

Make Money with Currency Trading on FOREX

FOREX investing is one of the most potentially rewarding types of investments available. While certainly the risk is great, the ability to conduct marginal trading on FOREX means that potential profits are enormous relative to initial capital investments. Another benefit of FOREX is that its size prevents almost all attempts by others to influence the market for their own gain. So that when investing in foreign currency markets one can feel quite confident that the investment he or she is making has the same opportunity for profit as other investors throughout the world. While investing in FOREX short term requires a certain degree of diligence, investors who utilize a technical analysis can feel relatively confident that their own ability to read the daily fluctuations of the currency market are sufficiently adequate to give them the knowledge necessary to make informed investments.

Expert forex trader always use the stop loss

2007-04-13T11:02:00.000+01:00

All forex traders or at least most of them, in my opinion, have some minor ego issues. Each trader will enter a trade without blinking twice, but when it comes to determining when he should execute the deal for profit or in purpose to cut loses, they’re having a problem. Every trader should know when to place their “stop loss” without hesitations. There are a few common methods of choosing where to place the stop loss order such as Fibonacci and Support and resistance

If you choose to define your stop loss level by using the support or resistance system, you should first decide to go long or short. If you choose long you should place your stop beneath the closer support point. If you decide to go short you should place you order higher than the closet resistance level.

Forex traders who prefer the Fibonacci system for placing the stop-loss need to initially calculate the move. For example if the EUR/USD moved from 116.84 to 118.51, meaning we have three retracing levels at 117.87 (38.2%), 117.67 (50%) and 117.48 (61.8%). According to this example you have entered the trade at 117.80 and your stop loss should be at 118.45.

There are many more methods that can help you decide where to place your stop-loss, but these are the two of the most common. While trading the forex you can use more than one system for placing the stop-loss order. Only by testing all the different systems in different situations you’ll know which one fits and when. I recommended testing those methods in a demo account first, tolerance is worth money.