Consider Forex trading as a hedge to the demise of the USD

October 19, 2009 · Posted in Bad Credit Loans · Comments Off 

The Forex currency market is a $4T market and the largest market on the planet.  Due to the liquidity of the Forex market and the fact that this market is open 24 hours a day, the currency market should be considered by anyone pursuing alternative wealth creating strategies.

 

Also, the Forex currency market can offer a hedge as you can trade in currency pairs, such as the EUR USD (which is the value of the Euro currency compared to the value of the US Dollar currency) where as the USD weakens, the Euro currency strengthens.

 

There are also currency pairs, such as the GBP JPY (which is the value of the Great British Pound currency compared to the value of the Japanese Yen currency) providing investment alternatives in totally non dollar-denominated assets … a great way to hedge against the potential demise of the USD.

 

If you like this alternative but not sure where to begin … let me provide in this article a few pointers for consideration.

 

Be aware that there is a lot of “junk” and misleading information on the web related to training and trading the Forex market.  Be sure to do your homework before you go too far with any one training provider, trading platform, or broker.

 

A company that I found and use provides 35 free training lessons on their website and the lessons are of the highest quality.  They also discourage you from signing up for their trading service until after you have reviewed the 35 lessons and paper traded their big lights and trend trading approach.  This way you get a lot of free material and a low cost way to learn about the Forex market to determine if their approach will work for you.

 

Also, consider attending a training session.

 

I recently attended a very inexpensive seminar where the material was in an instructor lead format (which is rare these days) with significant face-to-face interaction however all of the materials were delivered during the seminar online from their website and associated blog.  There was a significant amount of supporting materials such as detailed lessons and trading tips to read and study, pictures of trading screen setups highlighted on Flickr, and Youtube videos of previous training sessions that can be accessed in the future, as a refresher.

 

As a student, I was able to bookmark the material for access and review a future time.

 

The seminar was organized around 5 key topics:

 

-          chart reading

-          support and resistance

-          parallel and inverse pair analysis

-          writing trading plans; and

-          entry management and verification

 

In addition, there were several topics on mindset, building confidence, and determining when there are good times to trade … and, when are times to avoid trading.

 

I trust this material has provided you insight and an overview … as you consider the Forex currency market as a hedge to the potential demise of the US Dollar.

 

One more suggestion would be to read an excellent “state-of-the union” message on the hubpage of the instructor that taught the seminar I recently attended.  It can be found at http://hubpages.com/hub/Spot-Forex-Trading-The-State-of-The-Union.

 

You can find out more about the Forex marketplace and this Forex Early Warning seminar by reading updates that will be posted at Farrell’s blog over the next few weeks (see blog link below).

 

He favors a recent quote from Steve Forbes.  Forbes says “financial education and the resulting empowerment is the key to recovery from this ongoing financial crisis”.

Early in his career, Mike was an engineer with a large aerospace company. For many years, he was with a “marquee” consulting firm where he worked extensively with clients all around the world and became know as an American globalist. Most recently he has been providing technology, business, and management advisory services as a self-employed entrepreneur.

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Best Forex Robots – What are they all about

October 18, 2009 · Posted in Bad Credit Loans · Comments Off 

There is a lot of hype at the moment about the Forex Robot craze. For those you who don’t know. Forex Robots and automated profit machines which appear in the form of software. They comb the Forex market in hunt of profitable trades and execute these trades according to your settings.

Forex itself is the $3 dollar liquid asset market which trades in currencies. Money is made in the difference of the currency being sold or bought. Say for example you decided to trade the dollar against the yen, an exciting pair to say the least, and you bought $100 worth of pips, for this example we’ll say $1 = 1 pip. So you have your pips and your watching the chart and the dollar goes up in value against the yen. Each pip you gain against the yen is profit in your pocket.

Now the thing with Forex charts is they swing both ways, up and down and if you’re still in your dollar yen trade and the market turns against you, guaranteed you’ll be sweating bullets with every pip you lose. Now some may ask why don’t you just get out of the trade. And this seems to be the most sensible option. The only thing is that the human emotions of fear and greed tend to get in the way because you see, you’ve just sat and watched yourself make let’s say 80 pips in 5 minutes. So naturally you think ok I’ll just stay in the trade a moment longer and I’m sure the market will start going in my direction. Well all I can say is I hope you’re using a stop loss to get out of this trade because with the thought process of “just one more moment” you will blow your account without a stop, which is an automatic get out. Once the system reaches the stop loss you are automatically kicked out of the trade, with I hope a profit.

Now these new fangled software pieces called Forex Robots are designed to trade the markets looking for trades and because they are software they get out when the going turns rough without a moments hesitation or reflection. Artificially intelligent and mindless robots are able to accomplish something humans cannot, zen trading. Forex trading without emotions.

Find out more about these little critters and how they can bring you more success in Forex trades

Kat loves forex trading and new technology and has combined the two and constructed a website about it.

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IVyBot Scam Reality

October 12, 2009 · Posted in Bad Credit Loans · Comments Off 

People are skeptical about newly released currency trading software regarding its reliability or quality of the applications. One of the most reviewed currency systems on the market is the IvyBot Forex trading robot. Since the day of its release, there has been quite a controversy about the system and some people have referred to it as the IvyBot Scam before they even try the trading application.

The guys behind the Forex program have ivy league educations and they named the product based on this simple fact. They are NOT even close to being scam artists, but those who know what they are doing.

I would like to prove a couple of points as to why it is wrong for some people who don’t have correct knowledge about a product but just claim the software as the IvyBot scam.

Ok, first of all, most of the Forex trading software out there that are currently offered do not provide updates for constant use. But, IvyBot forex trading robot makes sure it has regular updates every week and sends out new information to people in order to make extra income through foreign currency day trading.

It also has 4 dedicated robots which monitor foreign currencies instead of only one robot dedicated to do all jobs. Check out the comparisons chart between different Forex software applications and the IvyBot program.

How could you say this software IvyBot Forex trading robot is a scam? This affordable Forex software covers everything you need to start as a beginner foreign currency trader. Don’t miss this opportunity and take an action to make money! You have nothing to lose at this point.

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One of the Reasons Commodity Traders Fail

October 4, 2009 · Posted in Bad Credit Loans · Comments Off 

There are many reasons commodity traders or even stock market investors fail. Read this email that was sent to me.

Remember the charts condense all the economic, political and emotional expectations. And yes, every stock market movement is geared solely by expectations, not the real thing……….

And that’s what they are telling now:

We are currently at a stock market peak and the down hill is just around the corner.

The rally since March 2009 is coming to a halt.

Put your helmet and check your safety brakes, for we have now a bumpy road way DOWN!!!!!!!!!!!!!!!!          Those who sell short will now rule…………

The fat lady is singing now, so you realize that the aria (the recent rally) is over………

You have been warned.

Listen with your Brain

Sincerely

XXXXXX (name withheld)

What is he doing? He is predicting! How many of you receive or send emails like this? I have learned that virtually all markets…regardless if they are Stocks… Forex… Commodities all trend at some point. The Commodity markets, forex markets and stock markets act the same today as they have 100 years ago. Nothing ever changes. I can show you a chart of any commodity…a forex spread… or any stock… this chart will look the same.

The real story is that really nothing happens probably 70-80% of the time…During these periods it is VERY hard to profit. Once in a while there are periods that are trends. With trends profits become a potential. This is the whole idea of trend following. Any long time trend following commodity trading advisor knows that predictions are worthless. This is what separates losing traders to long time trend followers. The problem is fundamental analysis or even technical analysis is predictive. Trend following is reactive. The fact is there are trend following commodity trading advisors who have been around for decades that have grinded out double digit returns on average for decades. The next reality is most want to be commodity traders fail because they look to predict and have no plan Commodity trading is not easy by any means. Enduring multiple small losses is the price to pay for long term success in commodity trading. How we trade is by utilizing systematic methods. We trade a wide basket of commodities, forex, interest rates and indices. Since I work with a group of colleagues we reinforce our discipline and strengthen each other. A trading system is worthless if not followed with the utmost of discipline. The trading system is not a scary complicated black box. It is rather a set up rules based on money management, risk management with entry and exit signals. The only things that can hold up in the real world are simple ideas. I and my colleagues have seen virtually everything that can wrong in the markets. We have seen all the mistakes. If we can help you…Please send me an email to contact you. I have been trading since 1994 personally and have compounded my way to wealth by systematic commodity trading as well as investing in other commodity trading advisers and hedge fund managers.

Andrew Abraham

A.Abraham@angusjackson.com

www.myinvestorsplace.com

www.AJpartnersinc.com

My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I am a commodity trading advisor/co manager of a commodity pool who adheres to the philosophy of trend following. Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets us apart from other Commodity trading advisors and commodity pools is that we are not only concerned about the return on investment but how much risk you will have to tolerate to achieve your goals.

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