On these days, as I told you on my previous articles USD is really strong against EURO. The currency went to 1.3600 and it is an amazing signal that USD can be on 1.3000 in a short time.


Be careful on the economic disease in Greece. This harmed European Community a bit and its’ economic problem has gone up. Euro is losing blood on this time. I think they will try to find out some strategies to solve this problem.


What can happen on next days?


Well, if it goes like this, we will see again 1.3000 in a short time of period. USD is strong but this can not come from USA Government. Euro is losing blood and USD get value. That is the only reason on these days. After EU make some predictions for economy, the rate can go on around 1.4000.


Recommendations:


As I told on previous articles, stay on USD sell position. if rate goes 1.3850 and up, make your profit and close your sell positions. And always follow the news which will come from Greece.

As I told you before, there is a movement through 1.4100 – 1.4150 on EURUSD position. After 2009, everything changed in Europe and this new year will be worse than the year before.


In Forex Trading Platform, we always look for “buy” or “sell”. These two kinds of investment methods will make our fortune. On these days I highly recommended you to make a flip-flop chart around 1.4000 – 1.4250. This is easy to get 250 pips on a day! If USD goes up and up, it can be 1.3800 around. Try to make your guess on this situation.


An additional small note that be careful the improvement in USA. This will give your economy more power and USD can go on again around 1.2500 – 1.3000 like last year!

We all want to make money every day without giving a stop. However, some days of the week is usually critic. These days are Monday and Friday.


On Mondays, all currencies which are from gold to dollar have a high risk because of countries situations. Sometimes an event occurs on the weekend can damage when Monday comes. Thus, stay on stand by when a week starts. I have never invested my money on Forex on Mondays.


On the other hand, we can also look for Friday. Friday is the last day of investing your money on Forex. Never open a new position for a long time. Only make your invest for a short-time like flip flop chart. As you know that Forex is closed on Friday midnight and open again on Sunday midnight. It will be difficult to guess what will happen at the weekend!


Forex is easy and hard. When you decide to invest your money on Forex, never think about it again. The money is away from you until you want to withdraw it. Your money is always on risk when the money is not in your bank account. I suggest you to withdraw your money at the end of the week day (Friday). And invest again it on Monday. Thus, you will see how you make money.


And a small note: Do not wait your huge amount of money on your account. Because more money means more positions and more risks. Do not put your money on risk anyway.

Mon
18
Jan
6:15 pm

Sometimes we need some changes in our life. This is sometimes money currency trading. If you think that a currency of money will be strong, you can choose it. This is the main subject of foreign exchange (FOREX).


First of all decide on something which you will be the side. Choosing your side is the most important thing in finance industry. You should specify an area to be on Forex. Try to make some little prediction for the time. For example say that EURUSD will be on between 1.4250 and 1.4400. If your prediciton is true, you will make money for it.


Never catch from losing money. Because sometimes Forex can be harmful. And please know where you need to stop. If a day goes worse for you, stop for this day and stay on your chair and only watch the industry. Researchers tell us that %90 of losing money comes at these times.


ForexLoan presents you some educational tools to know Forex deeply. Try to invest for demo at first. Try to understand what the Forex is and how the system can change in a minute. You can try your account instantly on ForexLoan with zero risk. This is your day and give yourself a chance.


At this time you can use some platforms that will help you be in Forex. When you look all of them deeply, they will look you different. However, the only difference in each other is being different hand. They connect to the same account area and they will make you rich with same amount. Thus, it is a day to give yourself a relax and try it at least with your $50.

Wed
13
Jan
12:09 pm

Nowadays, all the people want something which are needed in the life.  A car and a home will be enough for most of the people. However, it is too hard to buy these two great things. Because it will cost you too much money. If you try to pay little by little, you will get your future at last.


With the system of mortgage, you can pay for your home in your life. For example it can be for a 30-years-payment. Every month, before you get your salary, it will be cut from your salary and you will get the rest of yours. By this way, you will not know how you pay for your sweet home and good car.


Although mortage is a good system, you can also save your money to buy your home. At least save %75 of your home’s price. There will be some tips how to save money for your life.


First, cancel all your credit cards and pay only cash for eveything. Because credit card is a kind of money that you don’t have. You spend this money not thinking what will happen tomorrow! So first stop this bullshit.


Second, get income which is extra. Extra money does not mean extra shoes, computers, spendings, etc.. This is the money which will help you to make your fortune. Thus, save this money on your bank account and never think about its’ existence.


Third, make a monthly payment plan and try to follow on this way. Maybe it will be hard to go on, but please try to be successful.


Finally, you will stay in your own home in a short time of period and you will get relax for ever.

Tue
12
Jan
5:59 am

With human being, the kind of stone called gold is on earth. Gold has a value that humans all time need it to make something. After the human found money, gold still continued in our lives.


Today, it is not different from the past. People are still using gold for everything. Sometimes, it can be a gift, and other times it can be a tool of investment. Especially, we will tell you useful information about investment. Because it loses its’ value when you use gold as a gift.
You can make investment gold either Forex or real life. When you use gold in Forex, you should be careful about this investment. I am hearing the question of “Why”. In Forex the most important thing is deciding a situation. The situation is simple, Buy or Sell. Every time you decide true and you get money. Whether gold loses its’ value, it is not important on your side. Forex World is a kind of prediction.


On these days, the gold flip-flops around $1100 – $1140 which can be a chance for you. If you think it will make the same movement, you can make lots of money in a short time. Buy when it is on 1100 and sell when it gets to 1140. If you do that periodically, you will get satisfied from the income.


Another way without Forex is investing your money especially in Summer for the gold. Because in the summer, the gold is always on the lowest rate of the year. You can save your money in other months and buy gold in these months. Also look at carefully for the graphics before made. Because all currencies and stones are moving similar when they want!

Mon
11
Jan
1:55 am

The technology develops, also everything is on technology. Today the most important technologic development is “mobile phones”. Of course they improve us many facilities in our lives. Here, we will tell why the mobile phones are important for us.

As you know that if you are in business, especially in Forex Business, you should always be on. Having your own computer, it is really easy, but how about the times without computer? It will be too hard for you to be on Forex.

At this time, having a full mobile phone will help you to solve this problem. Especially with Iphone, you will be satisfied with all functions. Iphones can use GPRS and Wireless Connection. Today, everywhere is placed with internet connection and this is a kind of chance to have a mobile phone. If you want to know more about mobile phones, you can take a look here.

Sun
10
Jan
9:32 pm

On the net, you will find many types of educational documents. Of course, reading and reviewing all of them will give you power. However, get focus on using a demo account in Forex. Because it’s a kind of real world of Forex. The only difference is “investing with unreal money

Also viewing the charts and characteristic will be useful for you. Because in some periods, currencies from USD to JPY are viewed the same position after passing years and years. They can’t be over some point even it has power.

Sun
10
Jan
8:59 pm

In our example from the previous article, we actually alluded to a few things. The first, is that there were a few costs in our example trade of 1 lot of GBP/USD. The hidden cost is the “spread” or the commission the broker earns for completing our trade.

How Forex Spreads Work

Unlike stocks or other tradeable securities, there is no set commission rate. With stocks, you may be accustomed to paying $6.95 to complete an online trade. In forex, we don’t pay commissions, instead the cost to trade is built into the forex bid and ask prices.

Bid and Ask

The bid and ask prices can be confusing, but we’ll make as much sense of the two prices as we can. The bid price is the price you would get when selling the pair. The ask price, is the price the market is asking for the pair. For instance, the pair GBP/USD may offer a bid price of 1.6101 and an ask price of 1.6104. If you bought the pair at 1.6104, you would immediately be able to sell the pair, at a loss, for 1.6101. Your net profit/loss would be negative 3 pips.

Why the Difference?

The difference between the bid and ask price is the illusive spread mentioned above. This spread is for the broker, for completing our trades. By selling to traders at one price, and buying from traders at another price, the broker is able to make money by completing our trades. A spread of 3 pips would create a profit of $30 for the broker, for each lot traded. This may seem to be horribly expensive, $30 a trade vs $6-7 for stocks, however the spread in forex is actually less than in the stock market.

Stock spreads vs. Forex Spreads

Spreads occur naturally in the stock market as well as in the foreign exchange market. The difference is that the forex market is not a centralized market like the stock markets. When you go to buy stock, there is a spread in the bid/ask price which is profit for the marketmaker, or the person who sits on an exchange and completes orders. In forex, the spread goes to the broker, who is a market maker in that they pair two orders to complete a trade.

All in all, spreads on the stock market are much, much higher than on the foreign exchange. The spread on the foreign exchange market adds up to roughly .03% of a trade. In the stock market, the spread is often 20 times greater, or about .6% of the cost of the trade PLUS the commission to complete the trade. All in all, the costs of trading the foreign exchange market are much cheaper than the stock market.

Technical analysis is very much different from fundamental analysis in that a technical analyst assumes that the price shows all known information about a currency pair. For the most part, forex technical analysts study charts rather than economic indicators to find the best entry and exit prices.

How Technical Analysis Works

Technical analysts use indicators and chart patterns to find where a currency pair’s price is likely to go. A technical analysts job is to see how investors are changing the price of a currency, and to see who is buying and selling and at what price.

Support and Resistance Basics

Support and resistance lines are some of the most basic technical trading tools. The support line is drawn at an area where the price is likely to rise. A resistance line is drawn where the price is likely to fall. Generally, support and resistance lines work for the small trader because larger investors like banks, hedge funds, and institutions have large buy or sell orders at the price specified. Retail forex investors can make a profit by riding the waves in price created by big investors.

More Complicated than Just Trendlines

There is far more to technical trading than just support and resistance lines, however. There are various indicators like the Relative Strength Index, the Moving Average Convergence Divergence, and even candlestick patterns. But we’ll get into all the small details in individual articles.

Shorter Term than Fundamental Analysis

Though technical analysis can be applied on long term charts, typically it is best suited for short term trading, or trades that last less than a month. Over time, the power of chart patterns and technical analysis is eroded by fundamental factors which play a larger role in the long term movements of a currency pair.