When you trade, you will always trade a combination of two currencies. For example, you will buy US dollars and sell euro. Or buy euro and sell Japanese yen, or any other combination of dozens of widely traded currencies. But there is always a long (bought) and a short (sold) side to a trade, which means that you are speculating on the prospect of one of the currencies strengthening in relation to the other.

The trade currency is normally, but not always, the currency with the highest value. When trading US dollars against Singapore dollars, the normal way to trade is buying or selling a fixed amount of US dollars, i.e. USD 1,000,000. When closing the position, the opposite trade is done, again USD 1,000,000. The profit or loss will be apparent in the change of the amount of SGD credited and debited for the two transactions. In other words, your profit or loss will be denominated in SGD, which is known as the price currency. As part of our service, Saxo Bank will automatically exchange your profits and losses into your base currency if you require this.

Trade Balance

The trade balance is a measure of the difference between imports and exports of tangible goods and services. The level of the trade balance and changes in exports and imports are widely followed by foreign exchange markets.

The trade balance is a major indicator of foreign exchange trends. Seen in isolation, measures of imports and exports are important indicators of overall economic activity in the economy.

It is often of interest to examine the trend growth rates for exports and imports separately. Trends in export activities reflect the competitive position of the country in question, but also the strength of economic activity abroad. Trends in import activity reflect the strength of domestic economic activity.

Typically, a nation that runs a substantial trade balance deficit has a weak currency due to the continued commercial selling of the currency. This can, however, be offset by financial investment flows for extended periods of time.

Foreign Exchange Margin Trading elementary knowledge

Currency name	Commonly used currency code
Singapore dollar Thai Bath Swedish krona Danish Krone Norwegian krone Spanish peseta German Mark US dollar Euro Japanese Yen Pound Swiss franc Australian dollar New Zealand Yuan Canadian dollar Hong Kong dollar French franc Italian lira Belgian franc	SGD THB SEK DKK NOK ESP DEM USD EUR JPY GBP CHF AUD NZD CAD HKD FRF ITL BEF

The Foreign Exchange margin trading meaning the traders borrow loan from bank, finance organization or broker house to carry on the foreign currency trading. Generally, the financing proportion is above 20 times, which means the Forex traders’ fund may enlarge to 20 times to carry on the trading. The bigger the financing proportion, means the Forex traders just need to pay very less fund, for example, the financing proportion provided by the financial organization is 400 times, namely the lowest margin request is 0.25%, the traders just need to pay 25 US dollars, then he or she could trade as high as 10,000 US dollars, fully using the contra method to make big profit by only paying a very less price.
Besides the fund enlargement, another attraction of the Forex margin trading method is that it can be traded in both ways, you can make profit by buying the currency when the currency rise (makes many), or to sell a currency when the currency is dropping to make profit (short-selling), thus does not need to be restricted by the restriction so-called bear market is unable to make money.
Making Profit in the Foreign Exchange Market
The currency fluctuate continuously due to reasons such as political, economical reasons, sometimes the changes could be extremely great, therefore, the Forex traders also can have the opportunity in among which makes a profit. For example, the Japanese Yen daily fluctuation is probably between 0.7% to 1.5%, Forex traders may make profit through buying and selling. All trading could be completed in a short time, the trading strategy could be carry up according to the market conditions, it is extremely flexible, even if the direction looks wrong, the lost could be stop immediately, the lost could reduce but profit potential is still great. Therefore, the Foreign Exchange margin trading is the most flexible and the most reliable investment method.
Foreign Exchange Margin Trading elementary knowledge.

Currency Trading in Pakistan.

The online forex Currency Trading market is one of the most profitable markets for consideration, due to its still vast untapped potential, huge size, liquidity and tendency for currencies to move in strong trends. Even in these days of tough budgets, economic recession and the downsizing, more and more people are drawing towards exploring this niche market. The promising opportunities enable investors to have tremendous success. However, success has been limited mainly due to dearth of discipline, training and guidance.

There are numerous online services and products out there and instead of helping people, they are creating a mess. So people now want to have a guide about online forex currency trading, and Fab Forex is the answer. Whether you are coming from a forex currency trading industry or you are a novice in Forex Currency and want to learn about it, then without any question, the market leader Fab Forex is your natural stop. What makes Fab Forex, the guide of choice regarding online forex currency trading extremely attractive is proven professional expertise scattered throughout their site.

Now you don’t have to roam the confusing and messy corridors of online currency trading. You don’t have to hire a consultant or expert to answer your queries about this field or help you out in making profit out of it. Now you are your own boss with the properly researched and dedicated information presented at the fabforex.com.

U.S. Dollar Could Gain From Speculators Looking For Failing Banks

Friday was “Stress Test Day” and the 19 major banks analyzed by the Fed received the preliminary results of the recent stress tests performed by the top bank. These results will let the banks know what they need to do to achieve stability and where they are at risk. Some will be told they need capital now. Others will be informed of future situations where they would need to shore up capital requirements.

Only preliminary results were released with the actual results coming out on May 4. It is kind of like getting a report card from your teacher and having 10 days to fix the grades before your parents get to see it. Of utmost importance is secrecy at this time. The Obama Administration does not want the release of these preliminary reports leaked in order to prevent excessive speculation in a bank’s stock or a run on a bank.

This 10-day period before the release of the actual numbers is to prevent a shock to the banking system. Of course speculation over who is sound and who is in trouble may plague the markets from now until May 4, but that is why we have markets. There seems to always be someone willing to take the risk.

If the numbers are too good then no one will believe the Fed. If the numbers come out bad then investors may head for the hills. Either way the next 10 days are likely to be some of the most volatile we’ve seen since the fall 2008. There is likely to be speculation on both sides of the market. At times the herd will chase the good bank stocks and repel the bad bank stocks. The only thing that is certain is that no one will know the exact results from the stress tests until May 4. Any moves that take place before then will be all speculation.

The banks received their preliminary reports early in the day while the Fed waited until late to say that the top 19 U.S. banks need to hold a “substantial” amount of capital above regulatory requirements. The use of the word “substantial” is where the speculation is likely to begin. What is substantial and which banks meet this requirement will be the questions asked by many traders and investors over the next 10 days.

Since the U.S. Dollar is still the world’s reserve currency and the markets remain sensitive to banking issues, the Greenback could see quite a lot of buying if there are any signs of new banking sector trouble. One of the major concerns among traders will be that one or more of the larger U.S. banks receives the scarlet letter and gets deemed a failure.

Theory of International Trade

With international trade, as with so many other human interactions, people tend first to ask how it 'should' work before getting interested in how it 'actually' works.

The systematic study of international trade emerged in the era of mercantilist economics--- approximately the 16th through 18th centuries in Europe, as crude set of hypothesis about how nations should conduct their trade. It was felt that each nation's self-interest was served by encouraging its exports and discouraging its imports. The mercantilist view began to yield, after the late 18th century, to a free-trade view, a view arguing that a nation's self-interest would both be served best by just letting people buy and sell as they saw fit.

The main hypothesis continued to be one about how trade should be conducted.

Economists studying trade soon found that the issue of what trade policy was best could not be resolved until there was a firmer theory of what made trade flow in the directions it did. On the surface level, the answer might seem obvious: people will trade if they find it privately comfortable, but profitable for whom, for everybody?

If not for everybody, then how do we know that the gains given to some people compensate the losses it brings to others? If one country gains from trade, does it drop its trading influence? These immediate questions illustrate that the answer to what should be cannot be divorced for the task of explaining what was in question though. We cannot know how a nation or an economic group within a nation gains or loses from trade until we know what makes some people find trading profitable, and what goods they will do business on, if given the chance.

To put the point in terms of the recurring concern felt in the United States about trade with Japan: knowing is impossible who would gain or lose, by cutting down the deal with the latter until we know why its is that Japan sells steel, autos, and other merchandise to the United States in exchange for aircraft, grain, and such.

Only when we know why trading proves advantageous and whose profits are tied to trade, can we discern who would be affected by policies restricting it. The basis for trade, so far as supply is concerned, is found in differences in comparative costs. A country may be more efficient than another, as measured by factor inputs per unit of output, in the production of every possible commodity; but so long as it is not equally more efficient in every product, a basis for trade exists.

Theory to trade

• Dual And Multiple Exchange Rates
• The Euro/Swiss Franc Relationship
• Bond Spreads: A Leading Indicator For Forex
• Commodity Prices And Currency Movements
• Global Trade And The Currency Market
• Forex Leverage: A Double-Edged Sword
• Seasonality In The Forex Market

strategies and ideas under development

That's probably that missing link we needed for our website - a page with ideas and strategies under development!
While making a complete well balanced trading system always challenging for any trader either for a beginner or a pro, almost all of us have some bright ideas about specific parts of Forex trading routine: good entries, ideal exits, excellent stops etc.On behalf of our Team I'd like to welcome you to join our discussion area where we are going to look at new trading ideas and innovative approaches, make notes and conduct testing, and, of course, share trading strategies that are still under development.Should I add that I'm truly excited about this new opportunity, because I also have my not-so-old-not-so-new notebook, where I carefully wrote down interesting ideas which sparked in my mind over the time.

Risk

If you are taking risk, you need to control it - risk as much as 10% per trade, but increase your chances of success by:
1. Buying options at or in the money, to give you staying power - and prevent yourself from getting stopped out.
Many traders lose, not because they were wrong in market direction - they just were stopped out by a volatile counter move - and options will give you staying power.
2. Many traders start trailing their stops to close, they then get stopped out ' but the trade runs on to make spectacular gains. Don't fall into this trap - keep your stop in its original position - until the move is well in profit, before moving it up.
You're looking to make money fast, and you're trading selectively - so have the guts to go for a trade when it looks good - and milk it for all it's worth.

1. Accept Volatility and Risk Cheerfully
All good FOREX trading systems incorporate volatility.
You can't have a profitable FOREX trading method without taking calculated risks, and taking losses - if you can't accept risk, then don't trade.
Many traders back away from a market because it's too risky - however, risk also means reward! If you are a trader who doesn't like volatility, then go and find something else to do, because trading can be risky.
Drawdowns are part of trading; it's volatile markets that make FOREX trading fun and highly profitable.
To the well-informed FOREX trader, a drawdown is not something to fear, but something to enjoy.
Remember: volatility = big opportunity!
2. Trade Infrequently
Many traders trade frequently and always like to be in the market. They think that in FOREX trading if they are not in the market, they will miss a move, or that by trading more frequently, they will make money - wrong!
The big moves in FOREX trading, with the best risk to reward, come a few times a year, and you should trade infrequently.
Focus on the trades that make the really big gains
3. Don't Diversify
Diversification is an accepted wisdom, believed by most investors in Forex trading, but it won't make you money fast, - it will do the exact opposite.
4. Money Management
So far, you may think that we are being a little rash, but this is not the case.
We are focusing on the BIG opportunities that allow us to make meaningful gains, and this is actually, where money management becomes so important.
5. Understand the Power of Compound Growth
IN FOREX trading the way to make money fast, is to understand the power of compound growth. For example, if you target 50% a year in your trading, you can grow an initial $20,000 account, to over a million dollars, in under 10 years.

Trading of Forex 24 hour

Welcome to the home of 24 hour forex trading
New 24X7 Forex Market Trading website featuring 24 hour stock trading 24-hour daytrading and 24-hours webtrading covering the U.S. and International stock market, forex currencies & futures traders!
Forex Trading - Five Tips to Make Money Fast!
This article is all about FOREX trading to make you rich - and we're going to give some alternatives to conventional investment wisdom. Why' - Because most traders in FOREX follow the norm and make average gains - while this article is about making spectacular gains from FOREX Trading and making money fast!
The Aim
Here we are going to assume you know how to trade, and you have a methodology for FOREX trading you are happy with, and can apply with discipline.
What we are going to show you here, is how to change your system from making average gains, to making spectacular gains, with simple changes in trade selection, money management, and mind set.
FOREX trading offers the opportunity to make money fast - so lets examine how it can be done.

HOW TO READ FOREX

1. Forex Price Charts, what DO they mean and HOW to use them?
2. Important numerous facts as discipline, trading rules, not being greedy etc., but one of the most important things is:
3. LEARN to read the charts as Charts represent the lifeblood of the market.

• I compared my Operations Manual with the Table of Contents of this template, and it is nearly complete. But I am very interested in the Chapter "Application Interfaces".

In this case we recommend our product

"Application Interface Checklist"

The part two, the Documentation Template for Application Interfaces is identically with this chapter in our template for an IT Operations Manual.

• My Systems are running stable even without Operating Manuals, and my staff members do know those systems in and out.

Congratulations! - Many of your colleagues would love to have such systems and employees. - But...

1. An Operations Manual is a mandatory Requirement in all Auditing Standards!
2. More and more laws and regulations require mandatory external audits. For the case that none of such laws or regulations apply (not yet) to you, there are several more reasons why you really should have a comprehensive operations manual:
3. It is good practice to have an Operating Manual. We intentionally don't use "best practice", because an Operations Manual you should already have on a maturity level of "good practice", long time before you achieve "best practice"! And latests after something very unpleasant happened, the investigators will ask for the operating manual.
4. An voluntary audit (if successful) can reduce your Insurance costs!
5. Each Quality Standard requires an unambiguous assignment of all duties direct to persons or via roles. But this requires that all tasks are detailed listed.

some question about forex business.

• The Standard Documentation delivered with the Software contains an Administrations Guide. Why do I need to create an additional Operations Manual?

The vendors manual describes the installation, configuration and how to start or schedule processes and tasks, but the vendors manual does not contain

1. any information about the customized application interfaces to your existing applications
2. no information about those configuration values which you did choose
3. no information about the time when you did schedule jobs
4. no information to whom you assigned which part of the administration and operation
5. ...

• We have already an Operating Manual - Why do I need this template?

Use this template to check your existing operations manual for completeness.

A very interesting opportunity for this important check is a to execute this check during an "Operational Application Review Meeting".
Participants:

1. IT-Manager responsible for this application
2. Director IT Operations (optional)
3. Primary Application Support Staff Member doing daily operations
4. The two Application Support Staff Members who would fill in during vacation or sick leave

During this meeting the IT-Manager or Operations Director asks questions about those topics addressed in our template, and the application support staff members should be able to answer the questions and show where this is documented in the existing operations manual.

For Quality Assurance (QA) reasons such reviews should be executed regularly. The additional time required to review the operating manual during such a review is small and affordable.

The author of this document conducted many of such reviews and identified the area of application interfaces as the most problematic area. Therefore this chapter is especially comprehensive.

• I Outsourced the Software Development including the Application Integration to a Third Party. Why should I purchase this Template?

In too many projects the Operations Manual is far from being complete, often missing at all. If you add this template or at least the structure to your list of required deliverables then it is clearly specified and there is nothing to discuss any more.

manual system of forex business.

IT Operations Manual / Systems-Handbook will help you

1. that no important item is forgotten and
2. a common handbook structure is used throughout all systems. This will support easy cross-system troubleshooting and documentation.

The resulting Operating Manual / Systems-Handbook is an important deliverable of the overall IT system for

• compliance with documentation-requirements for systems and processes required by internal QA-department or internal auditing department or external auditors or other organizations and laws

and it is an essential source of information to support

• daily operations by clearly description of all active and proactive tasks to keep the system running and prevent unplanned outages and by providing all information required
• special operations e.g. outage planning and all special tasks from shut-down to startup
• troubleshooting by ensuring that all required information is immediately available. Especially in case of problems this document should contain all information required by internal staff or especially by external experts to analyse the problem
• all other active and proactive tasks (e.g. Hardware / Software / License upgrades / extensions to cover increasing usage) required to keep the system running within the expected performance limits and prevent unplanned outages (e.g. because of an expired license key or exceeding the license limit)

Bank of Canada Surveys Portray Weak Credit Conditions, Flagging Business Activity

The Bank of Canada released both its Business Outlook Survey for winter 2008-09 and its Senior Loan Officer Survey for the fourth quarter of 2008 this morning. The former survey was conducted during the period from November 14 to December 12, while the latter reflected opinions expressed during the period from December 15 to 19.

The release of theses two documents provides a read on credit conditions from both the borrowers' and the lenders' perspective, respectively. For borrowers, the balance of opinion on credit conditions deteriorated (i.e., tighter, less easy conditions) to record high levels; however, because the survey began in 1997, it has never been conducted during a recession in Canada. Specifically, the balance of opinion on credit rose to +57, almost double the +32 recorded in the autumn survey. The tightening largely came in the form of higher borrowing costs.

From the lenders' perspective, the tightening in credit was the highest recorded since this survey was first compiled in 1999. Lenders indicated that the tightening was in both price and non-price (terms or standards of loans) variables. The tightening that occurred via price largely reflected financial institutions passing along the higher cost of capital that they were encountering within credit markets.

The Business Outlook Survey also covers a number of other aspects of the operation of Canadian firms. In the main, these other indicators are suggesting a deterioration in business activity to record levels. Illustrating the former, the balance of opinion (i.e., positive responses less negative responses) on sales during the past 12 months fell to -25 from –2 in the autumn. The balance of opinion on future sales deteriorated even more to -34 from +3 during the same period.

The measures for investment and future hiring also deteriorated sharply in the most recent quarter. The former sank to -31 from +20. The deterioration in the employment measure was not as marked, although the balance of opinion in the most recent quarter turned negative (-8) for the first time ever.

Weakening economic conditions generally resulted in an easing of measures related to production capacity. This, along with falling commodity prices, sent expectations of inflation lower. For example, nearly three-quarters of respondents expected inflation in the next two years to be below the Bank of Canada's 2% mid-point inflation target.

The two Bank of Canada surveys indicate a marked intensification of credit tightening in the last quarter. This, in turn, weighed on most aspects of economic activity as expressed by the surveyed businesses. These pressures will likely keep the Bank of Canada easing policy both by lower interest rates and by injecting liquidity into the system where needed. With respect to the former, we expect the central bank to lower the overnight rate by 50 basis points to 1.00% coming out of next Tuesday's policy meeting.

forex catogries

• Credit.
• Currency trading.
• Debt cosolation.
• Insurance.
• Investing.
• Loan.
• Mortgage.
• Personal finance.
• Real state.
• Taxes
  

training of trading

Trade automatically and make money from home. Get free forex metatrader demo account to learn about automated trading .An expert advisor will display when and at what price it places trades , it can used to practice trading and learn about trading systems and strategies . Expert advisors give instant buy & Sell trade entry signals on your metatrader platform with take profit and stop loss levels. It can be a great aid to your trading and profitability. A good expert advisor will have good money management coded in the software, giving an indication of how much currency pair to buy or sell. Until your forex expert advisor trading shows a profit consistently for 6 months, do not start trading real money.

What are expert advisors?

An Expert Advisor is a computer program written in the MQL language (similiar to c++) and designed to automate trading activities on the MetaTrader platform. It can be programmed to trade your account automatically as per your trading rules.

some questions.

What Questions to ask the currency trading expert provider

1. How is their customer service? Email them. How long does it take to get a response? Are they polite? Is their answer helpful? Does he answer his emails promptly?

2. Does he SUPPLY all the information of the expert advisor trading system? How often does the expert advisor trade? Usually the less often, the more likely they are to be a profitable service. Is the expert advisor strategy profitable? Test out the expert advisor for consistency in back testing and forward testing.You need to know how your potential gains and losses .Do the expert advisors only trade entry signals? Or do they provide both entry and exit signals?

3. Do the expert advisors use money and risk management? How much position size to trade and what % of account size to trade? . You must know yourself and your risk and trading appetite before you use any expert advisor,” . The money management system should be tailored to fit your style.

4. What currency pairs are the expert advisors suitable for? Expert advisors that work only on one or two currency pairs without altering the settings for other pairs should be avoided. They will lose money if the currency pairs traded change their behavior.

5. Refund conditions if expert advisor has bugs .What are his refund conditions? Does he offer a refund for consistently crappy expert advisor? Most sellers will stop answering emails and mess you about.

6. Does seller trade it on his live account? Don’t buy expert advisor from someone who didn't trade using the software on live accounts. Non-traders aren't aware of all the little nuances of trading."

7. Ask for password to log into his trading account as an investor, if he refuses he is most likely hiding skeletons." ? Ask for at least several weeks of access . "Sounds tough? Well, so is losing your money trading a crappy expert advisor system,”

forex ?

Trading foreign currencies is called forex trade

AUTOMATED FX TRADER. Expert advisor is computer software which will buy and sell currencies for the owner. The software is programmed with instructions as to when to buy and sell currencies. All that is required is a computer, broadband and a metatrader broker, and of course a high quality expert advisor to trade on your behalf. The profitability and success depends entirely on the quality of the expert advisor, which is the programmed software. The third image below shows trades automatically executed by an expert advisor......almost over 1,000 pips profit and over 10 trades running simultaneously .Have you ever seen a human being do 10 jobs simultaneously?

Most expert advisors fail like 95% of traders.The majority of expert advisor systems purchased fail because market conditions change over time and traders become too reliant upon systems that they don't understand and as a result, are unable to objectively recognize and respond to these changes.The key is to develop your own expert advisors. The solution is to run a portfolio of expert advisors.OILFXPRO the key to successful expert advisor strategies is to operate a portfolio of expert advisors .Oilfxpro operates 15 different expert advisors simultaneously and each of the expert advisors is the size of 5 standard expert advisors.It really has to be a highly sophisticated trading system consisting of 15 mini trading systems , using exit managers (an EA on its developed for exits), profit manager (for managing profits on multi systems trading simultaneously), advanced profit manager for highly sophisticated trade management and advanced dynamic stop loss systems"