Category — Forex
May 20, 2013 Comments Off
May 17, 2013 Comments Off
April 29, 2013 Comments Off
February 28, 2013 Comments Off
February 18, 2013 Comments Off
In a very short space of time, the foreign exchange market has certainly become the world’s largest financial market. Until only recently it was only the large trading houses that could employ the full potential of the FOREX market. But thanks to the far-flung use of the internet and other communicating devices this has succeeded in opening up the Forex arena not just to small and medium traders, but also to individual investors.
Because of this more easier access large number of individual traders have leaped into the Forex trading business and are busy making good profits online while trading from their personal computers. In fact, you can also start trading in Forex through one of the many easy to follow & profitable Forex trading platforms that are available on line.
A number of Forex brokers and traders are offering individuals trading platforms through their online trading portals that combine Forex trading services along with other trading options. You can easily become a member of one of these easy to follow & profitable Forex trading platforms and starts making good profits through Forex trading.
But before you start trading it is highly recommended that you gain some knowledge and information about trading and signal interpretation before putting your hard earned money into Forex trading, for while the profits in this business can be very large, the losses can also be very disastrous if you are ill prepared for what lies ahead.
So as a beginner, you should first find a Forex trading platform that you understand well and start trading with only very small amounts, gradually increasing your risks as you come to understand the Forex market better.
One of the best and easy to follow Forex trading platform services I have found is at Plus500. Their services are very easy to understand for beginners. Plus most importantly they provide a “demo” platform for free. So you can practice trading Forex without putting your own hard won cash at risk.
So why not Click on the Plus500. Banner at the top of this page for more information and take your first step to profitable Forex trading.
February 4, 2013 Comments Off
January 30, 2013 Comments Off
While everyone has been focused on the outcome of the fiscal cliff negotiations there has been a far more interesting development occurring in Japan. I believe this development has had a greater impact on the direction of markets over the last couple of months than most people appreciate.
Shinzo Abe, the new Prime Minister of Japan, has made it very clear that he supports more money printing and a weaker Yen. The lead up to his election saw a very sharp move to the downside in the Yen and this strong trend has continued after the election.
Japanese Yen Monthly Chart
Click here to enlarge
The reason why I find this so fascinating is that the monthly chart of the Japanese yen in US dollars is now looking quite scary indeed. [Read more →]
January 11, 2013 Comments Off
If the world economy collapses anytime soon, at least one thing is certain: governments will have a hard time pinning the blame on ‘unfettered’ capitalism or free markets. There’s barely a week without a bureaucrat or politician meddling somewhere and distorting the true picture.
Lately, it’s Shinzo Abe and his grand plan for Japan. And now Wayne Swan and his budget deficit. All this is going to impact on theAustralian dollar.
In today’s Money Weekend we’ll expand on an idea we briefly covered in the Daily Reckoning during the week. If you didn’t catch it, here’s the gist of what we wrote on Tuesday… [Read more →]
December 24, 2012 Comments Off
With the year quickly drawing to a close I thought it was a good idea to look at the big picture in a few key markets.
One of the most interesting recent developments has been the large move in the Japanese yen. The LDP (Liberal Democratic Party) just won the election last Sunday, and the market expects to see far more money printing under the LDP.
A recent Reuters article pointed out that:
‘Even before Japanese voters returned Shinzo Abe’s party to power, he had already won over financial markets with an economic revival plan as seductively simple as economists say it is risky: print money and spend it. Lots of it.
‘The Liberal Democratic Party’s landslide on Sunday is likely to sustain a market rally fuelled by economic stimulus hopes, but Abe’s economic legacy will probably be defined by how he tackles chronic ills that easy money alone cannot fix and that were largely ignored during the campaign.’
So after two decades of printing money and spending it without successfully reviving the Japanese economy, they’ve decided to give it another go.
Japan really is the poster child for failed Keynesian stimulus policies. Their debt to GDP is approaching 240% and their interest rates have been near zero for longer than anyone else and they’re still stuck in a deflationary depression. [Read more →]
December 20, 2012 Comments Off