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An Example Of A Fibonacci Ratio In Forex TradingIf you haven’t realized it yet, Fibonacci forex trading is the basis of many forex trading systems used by professional traders around the world. These systems are all based on the historically famous Fibonacci ratios (.236, .50, .382, .618, etc.)....
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Forex Broker Commissions
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FOREX Currency Exchange Market - The Market that Makes NASDAQ Look Like a Lemonade Stand
Most people still have no clue. It’s not even listed in the financial section of most US newspapers. Yet the Forex does more business in one day than all the stock markets in the world do in 60 days! That’s right – we’re talking between 1.8 – 2.2 Trillion dollars of business every day.
What is the FOREX or FX for short? Both are acronyms for Foreign (Currency) Exchange. Up to the late 1990’s – this incredible market was the domain of the privileged: Central Banks, large financial institutions (Goldman Saks, etc), high net worth individuals, and governments. Today everyday people are now able to enter and profit from this incredible marketplace.
There are a bunch of benefits that make the Forex market a far superior investing &/or trading vehicle than any other financial instrument in the world. For example:
In the stock market – if you open an account with at least $25,000.00 – the Broker will allow you to purchase $50,000.00 worth of stocks. That is allowing you to Leverage your money on a 2:1 basis (2 to1 ). Not bad right?
Well compare that to what many Forex Brokers are offering: 100:1, 200:1 and even greater account margins are readily available – even for starting balances of just $1,000.00. This means for every dollar of your money you bring to the table you can control $100,000.00 - or more - of currency! Now THAT’s what I call Leverage.
What’s important about Leverage? Using Other People’s Money (OPM) has been a major source of people & businesses generating wealth. Business loans, real estate loans, etc. Using the Forex to access large leverage rates offers
gigantic opportunity for making money – and now the average Joe can get in on the action.
The fact is that banks and institutions like Goldman Saks make a good portion of their profits from trading in the FOREX (there’s a reason the tallest buildings in every town are bank buildings).
The challenge in taking advantage of this market lies in the typical learning curve required to become a successful trader in the Markets. This applies to whether you are trading Stocks, Options, Futures, or the Forex.
Training and Trade Recommendation services abound – but need to be scrutinized closely. Many charge thousands of dollars for software, training, or both. The point is – don’t get swept up in the excitement of the huge profits available in the market before doing your homework.
Contact me if you want to learn the other major benefits of trading the FOREX over stocks, options, etc – the differences will amaze you. I can also help you to enter – and profit –from this incredible market using just 20 minutes a week –even if you are a complete beginner to the markets. If you can use a PC – then you are well on your way!
John T. Kelly is focused on sharing various forms of personal and financial leverage to help people build dynamic organizations and incomes.
His broad background includes working in Management, Consulting, and as a Hypnotherapist/Business Coach. Contact John for a copy of a Sample Report on the latest breakthroughs in generating personal wealth. http://www.LeverageCreatesWealth.com
Written By: John T Kelly
 TheBull.com.au | WORLD FOREX: Dollar Gains Ground After Strong US Retail Sales Wall Street Journal "The data was dollar positive," said Jacob Oubina, a currency strategist at Forex.com in Bedminster, NJ "It's going to raise [US's] first quarter GDP up ... Forex: Euro and Pound surge against the Dollar US dollar mildly lower as markets eye retail data Euro Advances on Speculation Greece's Deficit Crisis Contained |
 Reuters | FOREX-Dollar little changed vs majors in volatile trade Reuters ... market analyst at Easy Forex in Chicago. "If anything, traders appear to have a preference to sell the euro on rallies." The dollar JPY= was little ... FOREX-Dollar gains vs yen after US retail sales data FOREX-Dollar falls vs yen and euro after trade data |
 RTE.ie | WORLD FOREX: Yen Down Vs Dollar On Hatoyama Remarks MarketWatch TOKYO (MarketWatch) -- The yen fell against the dollar and euro in Asia Friday as Japanese Prime Minister Yukio Hatoyama's comments ... Daily Forex Overview |
Reuters | FOREX-Euro steadies vs dollar, yen; SNB awaited Reuters LONDON, March 11 (Reuters) - The euro steadied against the dollar and yen in quiet trade on Thursday, recovering from earlier falls ... WORLD FOREX: Dollar, Euro Gain On Yen; UK Pound Slumps Forex trends: recovering vs dollar and yen, euro drops vs pound WORLD FOREX: Euro,Dlr Down Vs Yen On China Tightening Worries |
 Forex Hound | Forex - Dollar mixed vs. rivals after jobs, trade gap data Forex Pros Forex Pros – The US dollar was mixed against most other major currencies on Thursday, following a disappointing report on initial US jobless claims and ... Daily GVI Forex Forex View Forex: US Dollar mostly lower today as EUR/USD hovers near 1.3600 Daily Forex Outlook - S&P 500 at fresh 15 month Highs |
Reuters | WORLD FOREX: Dollar Surrenders Some Gains To Euro, UK Pound Wall Street Journal TORONTO (Dow Jones)--The dollar is higher against the euro and the UK pound Tuesday but has ceded some of its gains as ... FOREX-Euro, sterling pressured by fiscal concerns FOREX-Yen firm, euro and pound hurt by fiscal worries Forex: Several Indicators That Will Move Currencies |
 FXstreet.com The Forex Market | Forex: Dollar dips on weaker than expected jobless claims NASDAQ FXstreet.com (Barcelona) - The Dollar has been damaged by a weaker than expected decline on weekly claims, and the Greenback has ticked down against its ... Forex: USD/JPY eases below 91.00 after consumer sentiment data Forex: USD/JPY retreat contained by 90.15 support Forex: USD/JPY soars to 90.95 on strong retail sales |
Gold's cross-currency strength signals its evolution Reuters A Reuters monthly poll of 65 forex strategists showed the Greek debt crisis could force euro volatility against the dollar higher still in March. ... Gold Up, Dollar Down; "Silver Benefits" as Paulson & Soros Further Extend Gold ... |
 Earthtimes (press release) | WORLD FOREX: Dollar At 2-Week High Vs Yen On Asia Stock Rises MarketWatch TOKYO (MarketWatch) -- The dollar rose to a two-week-high against the yen Monday in Asia, as higher regional shares bolstered ... FOREX-Yen down on concern ahead of BOJ, pound slips GBP and JPY Under Selling Pressure FOREX-Euro gives up gains, yen steadies after fall |
 Forex Flash | WORLD FOREX: Dollar Up Vs Yen, Euro Little-Changed Post Jobs Wall Street Journal NEW YORK (Dow Jones)--The dollar rose against the yen, but the euro recovered much of its initial loss against the ... FOREX-Yen dips, dollar supported ahead of payrolls WORLD FOREX:Dollar Hits 2 1/2-Month Low Vs Yen; US Yields Down Forex trends: dollar gains some ground across the board, sliding vs yen |
