Archive for February, 2010

The Euro has become a little stronger in the last couple of days.Do you think it will stay that way?

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I have studied a lot of technical analysis and played a little with forex.. currently i make and hour .. I was wondering if it was possible to make just an hour trading… if so let me know i’d love to quit my job and stay at home all day

How much should I have in my account?
Leverage?
What broker?

I am a startup providing technical training services to my client in US and get paid in forex. I provide technical training over internet to participants distributed in other countries . Is service tax applicable?

If some of the participants are attending training in India and others are overseas then what is the service tax applicability?

If all participnats are in India but training order is from US and remittance also from US, then what happens to service tax?

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not what it would be worth here like how a dollar is expendable and a penny is close to worthless to some what would like a coke cost in japan

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Okay, so, currently I’m 18 and I’ve looked into different possibilities of how I could become a millionaire using the forex market as my vehicle. I have discovered that using 1:100 leverage or even 1:50 – 1:25 is a bad idea if you want to be safe about it, and using a more modest 1:10 leverage instead is best for my chances of success.

What I’ve also discovered is that the forex markets trends last months or even years. So, my plan is as follows:

1) Start with ,000 in my new forex trading account.

2) Use 1:10 leverage always to reduce a lot of risk.

3) Use a stop-loss of all my trading capital in every trade.

4) Keep the minimum take-profits as long as its more than what my commissions would be.

5) Just follow monthly chart trends, i.e. if the trends gone up for the past year on a yearly chart, and it shows it in a monthly chart that its going up as well, just follow the trend up along with it and keep on going up until I think its going to stop going up by taking advatage of lots of small take profits along the way.

6) Be aware of economic news and reports.

Example:

Say the GBP/USD is trading at £1.0000-.5000, and I place a bet to buy GBP/USD at this price at a 1:10 leverage, or ,000 worth of pounds, (£’s) and I set a take-profit of, say, or 10 pips and a stop-loss of my whole ,000 and and keep on doing this, taking profits by trend trading and make this same /day for the 6 days the FX market is open a week, or /week x 52 weeks = ,680 in 1 year + my original ,000 = a 568% return for one year.

After I have achieved my 568% for 1 year, reinvest all capital and get another 568% compounded on top of that. So, it works as follows:

year 1) ,000 up 568% = ,680

year 2) ,680 up 568% = ,262.40

year 3) ,262.40 up 568% = 3,250.43

year 4) 3,250.43 up 568% = ,040,862.40 = USD millionaire

year 5) ,040,862.40 up 568% = ,912,098.74 = USD multimillionaire and GBP multimillionaire, or £3,829,025.15.

What do you say here like? Could this plan work do you think?

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http://AutomatedForexCash.info

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I have 500 US Dollars and 200 British Pounds which were gifted by my foreign relatives. Shall I exchange the foreign currency to Indian Currency? I dont have a Indian Passport or i did not have travelled to any foreign country.

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Im studying Forex, and i have the practice program 5 days now, im reading and daily i make virtually almost 4000$ and im loosing more than i make.
So, my humble logic says, learn more, and learn to make only the good trades and not the bad ones.
So, I read books, online stuff etc etc, in 4 days i learn about candlesticks, MACD, Histogram, trading pairs,other technical indicators, pips, leverage, spreads, and so many other things, and I also learn that i have to practice at least a month or two! before i even think to make a trade with real money!
and i see clearly that i need to practice because i really don;t earn money, not even with fake money!
my losses are bigger from my profits!
so, the next logical step is to practice until i will make more profits than losses with the virtual money!

so, how come, that simple thing people don;t follow it and go and loose their money?
at least if vitrually after a month i still loose money, i will not trade my real money and i will have forex as a nice game!
i will be a happy person!
but if i see that i make money , i continue and see how im doing.
I believe that a medium trader should make more than 65% of winnings and a 35 of losses.
My personal goal is to 70 up to 80% success!

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know some forex brokers that allow scalping and accept liberty reserve?

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Really interested in trading. want to learn and work in it but don’t know how to start?

I would like for someone kind enough to offer me a loan of 0 USD for the duration of One Month, at which time I would pay back with 20% interest. The reason I ask for such an amount is to enable me have a trading capital of my own and also to be able to pay back the loan.

I’ve been trading or sort of testing the market and a news service that is crucial to success in trading the Forex Market. I’m interested in having a standard trading account that will bring in substantial amounts of returns on trades made but my problem is that I do not have any money to do that, and this is why I have come to you

0 will be used as the start of capital and the other 0 will be used to pay for the subscription of the news service without which I would not even bother to trade forex with a loan.

Please assist me if you can with this request. My intended mode for this little business transaction is through the e-currency; Liberty Reserve.

Please kind people assist me. I’m ready to give details and prove of residence to show that I can be contacted and traced if I do not fulfill my part.

The US dollar used to be what was worth the most on the global scale but it slowly dropping a little. What is causing it to drop? What would need to be done for it to be worth more again?
What is causing the US Economy to crumble?

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I thought with U.S being richest it would be stronger.. thanks
Argh economics is confusing

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I have downloaded it from http://forex.softcenters.com/
and get my bonus.. I have traded USD/EUR for few days, then bought Apple stock and then trade again in Forex.. I have made a profit 97.18 in 23 days!

Is that software the best in trading forex?

http://forex.softcenters.com

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I am dealing here with the forex market. Also I would like to have an idea as to when the ‘big boys’ are making their moves using the 4 hour charts.

and something about china plans to shift much of its 1.4 trillion national currency reserve from dollars to more stable currencies to euro or canadian dollar.what does this all mean

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I am wondering what the exchange rate is between the American dollar and British pound– and also, between the American dollar and Euros.

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Please justify your answer if possible.

I found a system to make money in the Forex Trading. My question is this: Can I legally trade other people’s money who want me to invest their money for them through my trading platform on my computer and charge them a commission without having a broker’s license?

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I don’t know the exact spelling, it may be Hatching or Haging.

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