e-Business Opportunity Guide
Forex Markets, Trading Opportunities, Analysis
The Foreign Exchange Trading (Forex) is the trading of one currency for another. The FX market is the largest financial market in the world. It is estimated that 3.5 trillion in dollar value is traded per day worldwide. Approximately 5,000 banks, both central and private participate in the FX market worldwide.
Other participants include Hedgers (people who play both sides of the market to protect their product traveling from one country to another) and speculators who trade to earn a profit.
Why I like this business opportunity
There are no mediators to pay fees and commissions
There is no marketing involved, no sales, no cold calls
Daily traded liquidity is in trillion which is 3 times more to shares and bonds
The is worldwide opportunity, 24 hours a day, 5 days a week
All transactions deposits and withdraws are though authorized payment method: bank wires/e-gold/e-bullion/credit cards
Minimize risk factors with many successful methods to maximize profits.
Start Forex Trading Just with $1
How to Evaluate Brokers & identify frauds
The Commodity Futures Trading Commission (CFTC) has witnessed increasing numbers, and a growing complexity, of financial investment opportunities in recent years, including a sharp rise in foreign currency (forex) trading scams. A federal law enacted in December 2000, called the Commodity Futures Modernization Act of 2000 (CFMA), makes clear that the Commission has the jurisdiction and authority to investigate and take legal action to close down a wide assortment of unregulated firms offering or selling foreign currency futures and options contracts to the general public. In addition, the CFTC has jurisdiction to investigate and prosecute foreign currency fraud occurring in its registered firms and their affiliates.
If You are serious to Join this on-line Forex Trading Market do not forget to e-mail us to get your Coupons
Start Forex Trading Just with $1
Trading Setup
- Trade on daily chart (swing trading)
- 5 EMA applied to the close
- 10 EMA applied to the close
- Stochastic (10,3,3)
- RSI (14)
Have your Primary schooling at Babypips on Forex Trading.
Trading Rules
- Stop Loss = 30 pips
Entry Rules
Enter long if:
- The 5 EMA crosses above the 10 EMA and both stochastic lines are heading up (do not enter if the stochastic lines are already in the overbought territory)
- RSI is greater than 50
Enter short if:
- The 5 EMA crosses below the 10 EMA and both stochastic lines are heading down AND (do not enter if the stochastic lines are already in oversold territory)
- RSI is less than 50
Exit when
- Exit when the 5 EMA crosses the 10 EMA in the opposite direction of your trade OR if RSI crosses back to 50
Compared to trading stocks, bonds, or commodity futures, the FX market has some huge advantages:
FX trading is performed electronically 24 hours per day between networks of banks. It is not bound to a specific trading floor such as the New York Stock Exchange or the Chicago Mercantile Exchange.
The FX market has no expiring contracts, forward exposure, slippage, clearing fees or commissions.
The FX market has no expiring contracts, forward exposure, slippage, clearing fees or commissions.
** Equal profit potential in up and down markets.
Manipulation against the small trader is not possible.
Pure technical analysis works best. No fundamental rules or insider tips needed.
Best trending market in the world (trends over 70% of the time).
Less amount money needed to start and maintain a trading account.
Greater leverage (100 to1)
More General Forex Trading Information:
Liquidity- (3.5 trillion is traded per day = over 30 times bigger then the stock market), the market is liquid 24 hours a day, which turns casual traders into active traders.
**Execution Quality-Fills average less than 2 seconds and Guarantee that the price you see is the price you get.
Commission Free Trading - Since traders deal directly with the Market maker there is no commission charged. (**NOTE: Commission free trading with FXCM. FXCM is paid with a 3 pip spread on every trade. There are commissions with Coes FX but they have a lower pip spread so it comes out the same.)
Reporting/Back office capabilities- the platform reflects p/l in real time and allows traders to run full reports with the click of a mouse
Risk Management - the platform has an automatic margin call feature and guarantees that accounts will never go negative.
For the first time in his trading history Warren Buffet has entered the currency market (he started in 2002, and recently has put over 1 billion more in). If that is where the smart money is going, that's where we should go.
Compared to trading stocks, bonds, or commodity futures, the FX market has some huge advantages:
FOREX NEWS
Real time news of Reuters and Dowjones.
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