My Forex Megablog
Tuesday, April 29, 2008
Forex Related News
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Let's Talk About Forex
foreign exchange students
At present mostly all the operations on the Forex market are conducting only to obtain profit. With the development of Internet and other means of communication this sector of the financial markets becomes more accessible and attractive for the investors of different levels.
forex training
Always leave the forecasting to the pros unless you are playing the Forex as a hobby and don't have a lot of money invested...Or like most people you will learn the hard way.
forex trader
The bid/ask spread for EUR/USD should never exceed 3 to 4 pips to improve profiting from Forex trading. For an active trader profiting in Forex with a 2 pip transaction cost is highly preferable.
forex chart
FAIR VALUE
The concept of fair value in any currency is largely that of CBers and economists and not much about trading. Almost always currencies overshoot from the fair value areas some 20-30% in their medium-term trend and what makes all hard currencies range in reasonable areas overtime since we had this floating regime in 1971 must the ability of relevant CBs to control the currency ranges and their real economy's weakness or strength to support those ranges. ECB folks were not joking when they said Eur/usd was some 25% undervalued from the fair value when Eur/Usd was below parity levels two years ago. Same goes for BOJ when they were saying Yen was some 10-20% overvalued when it was trading around 100 some three years ago too. That is how these folks view the markets and try to guide the market. Of course, when US Treasury folks say "Dollar is still strong" when it is falling, they are begging the market to sell more dollars
More info on a great Forex system
More Forex Trading Software Information
3 Reasons Why the EUR/USD May Continue to Fall
Mon, 28 Apr 2008 21:53:25 -0400
- Tides Shift for the Federal Reserve and ECB - British Pound Could Fall Victim to Housing Market Data
¶ 4:14 AM 3 comments
Our Featured Forex Trading Software Writer
Let's Talk About Forex
foreign exchange students
At present mostly all the operations on the Forex market are conducting only to obtain profit. With the development of Internet and other means of communication this sector of the financial markets becomes more accessible and attractive for the investors of different levels.
forex training
Always leave the forecasting to the pros unless you are playing the Forex as a hobby and don't have a lot of money invested...Or like most people you will learn the hard way.
forex trader
The bid/ask spread for EUR/USD should never exceed 3 to 4 pips to improve profiting from Forex trading. For an active trader profiting in Forex with a 2 pip transaction cost is highly preferable.
forex chart
FAIR VALUE
The concept of fair value in any currency is largely that of CBers and economists and not much about trading. Almost always currencies overshoot from the fair value areas some 20-30% in their medium-term trend and what makes all hard currencies range in reasonable areas overtime since we had this floating regime in 1971 must the ability of relevant CBs to control the currency ranges and their real economy's weakness or strength to support those ranges. ECB folks were not joking when they said Eur/usd was some 25% undervalued from the fair value when Eur/Usd was below parity levels two years ago. Same goes for BOJ when they were saying Yen was some 10-20% overvalued when it was trading around 100 some three years ago too. That is how these folks view the markets and try to guide the market. Of course, when US Treasury folks say "Dollar is still strong" when it is falling, they are begging the market to sell more dollars
More info on a great Forex system
More Forex Trading Software Information
3 Reasons Why the EUR/USD May Continue to Fall
Mon, 28 Apr 2008 21:53:25 -0400
- Tides Shift for the Federal Reserve and ECB - British Pound Could Fall Victim to Housing Market Data
Labels: Forex Trading Software
