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Currency Trading Information

Momentum Trading: A Practical Day Trading Strategy to Get Profits from Hot Stocks


Momentum day trading can be extremely profitable when done correctly..

Forex Trading Online - 7 Reasons Why You Should!


Forex trading online is a fast way to use your investment capital to it's fullest. The Forex markets offer distinct advantages to the small and large traders alike, making Forex currency trading in many ways preferable to other markets such as stocks, options or traditional futures.

What is Forex Trading?


Forex, or Foreign Exchange, is the simultaneous exchange of one country's currency for that of another.The way it works is an investor who wishes to purchase or sell one currency for another with the hope of making a profit when the value of the currencies change in favor of the investor.

Day Trading Success- The Key Is Survival


Most new traders tend to focus just about all their time and energy on finding nearly perfect "setups", but trade setups, even very good ones, are *not* the key to successful trading. It's the *way* you trade your setups that keeps your losses smaller than your gains.

A Beginner's Guide to FOREX


FOREX is the abbreviation for the Foreign Exchange market. FOREX is basically an international exchange market where currencies from all over the world are bought and sold for profit.

What I Learnt Losing £60,000 My First Year as a Full-time Trader


During my first year as a local (independent trader) on the floor of LIFFE, I bought and sold 8804 FTSE futures contracts, about 40 contracts per day on average. The result was a loss of £61,620 or -£267 per trading day.

Where is the Market Going?


If you ask me whether the market will have moved up or down by this time next year, well I may as well flip a coin, because I don't know.If you ask me whether the market will have moved up or down by this time next month, well again, I may as well flip a coin, because I still don't know.

The Yin and the Yang of Markets


I am reading a fantastic book on trading, first published in 1924, by Richard D. Wyckoff, titled "How I Trade and Invest in Stocks & Bonds".

A Fools Game


I received an email this week with a question (below) which caused me to think about the wisdom of pursuing trading as a career. Regardless of your trading time span, the skills and concerns of active short-term trading are relevant to all market particpipants.

Stopping Yourself


I read on a bulletin board a traders comment that on his first outing trading the E-Mini S&P 500 he lost on each of his trades. He noted though, that had he had a wider stop each of his trades would have been profitable and that therefore he would be trading with a wider stop in future.

Day Trading - Moving Averages vs Support and Resistance


When day trading the SP and Nasdaq futures, do you rely on your moving averages more than your support & resistant areas?During the first hour of trading, the support and resistance zones on the SP and Nasdaq futures are the most important things to watch. The moving averages have not yet had a chance to come into play.

Crisis of Confidence in the EU


The European Union (EU) constitution was dealt a double blow, first by a French "no" vote on 29-May and then by a follow on "no" from the Netherlands on 01-Jun. To add insult to injury, one low level Italian diplomat quickly called for a referendum in Italy to decide if a return to the lira was warranted.

Day Trading the Index Futures - How to Judge Good Entries


QUESTION: If the SP futures fall through support and go straight down for another two points, and I want to get short, should I a.)enter immediately, b.

How to Trade Currency


We all know when you go on a trip to another country; you need to take some travelers checks and some cash in the currency of that country. This can be advantageous because one country's currency is usually worth more or less than the other.

ISO 4217 in Forex Trading


ISO 4217 is an international standard describing three letter codes to define the names of currencies established by the International Organization for Standardization (ISO).The first two letters of the code are the two letters of ISO 3166-1 alpha-2 country codes (which are similar to those used for national top-level domains on the internet) and the third is usually the initial of the currency itself.

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MORE RESOURCES:

ABC Online

World Currency Trade Rises 17% to $2.7 Trillion a Day
BusinessWeek
March 11 (Bloomberg) -- Global currency trading rose to $2.7 trillion a day between April and October, the first growth ...
RBA: Global Foreign Exchange Turnover Per Day Rises 17% Between April And ...RTT News
AUD/USD: Trading the Change in Australian EmploymentDaily FX

all 301 news articles »


World Currency Trade Rose 17% to $2.7 Trillion a Day, RBA Says
BusinessWeek
March 11 (Bloomberg) -- Currency trading increased between April and October 2009 to $2.7 trillion a day, the first such growth since ...



iFinix Corp. 2010 Outlook
CNNMoney.com (press release)
Mr. Dank has over 20 years experience in the securities industry, having held senior management positions with futures trading firms, currency trading firms ...

and more »


Emerging-Market Debt Trading Volume Up 7% In '09;Still Off High
Wall Street Journal
In 2008 local currency trading was at $2.837 trillion, representing about 68% of total volume. Brazilian debt was the most frequently traded at $747 billion ...
UPDATE 1-Emerging debt trade volumes up 7.0 pct in 2009-EMTAReuters India

all 6 news articles »


Australian Market End In Negative Territory Amid China Concerns
RTT News
The central bank noted that the currency trading rose 17% to $2.7 trillion a day between April and October 2009, citing data from five major foreign ...

and more »


AFP

Mexico peso firms on IMF news, Chinese data
Reuters
[ID:nN10131734] "This comes on top of a series of economic data that could provide a clearer sign of recovery," said Enrique Trejo, head of currency trading ...
Mexico asks IMF to renew $48 bln credit lineReuters

all 142 news articles »


The Guardian

Curbing derivatives might hurt, not help, Greece
The Associated Press
... said President Barack Obama, after a White House meeting Tuesday, offered a "very positive" response to European ideas for restricting currency trading. ...
Europe moves to ban trading in credit default swapsWashington Post
Defending the Softer Side of the CDS MarketWall Street Journal (blog)
Greece's Problem? The New York TimesFOXBusiness (blog)
BusinessWeek
all 597 news articles »


Trading in forward renminbi surges
Financial Times
"There has been a huge amount of selling interest at the front end of the market," said Gerrard Katz, head of currency trading at Standard Chartered in Hong ...

and more »


Texas resident charged with operating forex Ponzi scheme
HedgeWeek
... Jr. and his investment company C & R Financial, both of Houston, Texas, with operating a Ponzi scheme in connection with foreign currency trading. ...

and more »


Ruble Gains Versus Dollar as Central Bank Eases Defense on Oil
BusinessWeek
The Russian currency gained 0.1 percent to 29.7974 per dollar, compared with 29.8394 on March 5, in Moscow trading. It was 0.2 percent higher at 40.3767 per ...


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