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Following Other Stock Ma ...
Following Other Stock Market Traders by: Joel Weihe With all of the trading websites, services, blogs and chat rooms available these days on the Internet it can be a trick to de...
How To Make Trading Stoc ...
How To Make Trading Stock Online Worth Your While by: John H, Anderson To many, the internet is a godsend, and in some respects, it has made making money a lot more easier and t...
How to read Forex Quotes ...
Confused about the quotes? Don't worry too much about it, you'll get used to them as soon as you move on and start your trades. For the beginners, here are some quick examples....
A revealer of little-kno ...
Editorial Director’s Note: Well, this is a first. Today, Jim’s asking you to set aside your opinion of HIS opinions – and let him revisit his journalistic roots with some ...
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The theme of Taipan’s Las Vegas conference was “Opportunities in a Global Cash War.” On Monday – just after the conference ended – a highly placed ...
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The insiders have left the building. They are selling at a rate not seen in 2 years. Almost 14 insiders are selling for everyone buying. And the amount being sold? $1.5 billion...
How You Can Jumpstart Yo ...
How You Can Jumpstart Your Investment Profits Who Were the Taipans of Yesterday… Well, chances are you’ve heard the expression “any port in a storm.” Tho...
How to read Forex Quotes ...
Confused about the quotes? Don't worry too much about it, you'll get used to them as soon as you move on and start your trades. For the beginners, here are some quick examples....
Forex trading strategies ...
Forex trading strategies - day-trading, swing trading, long term. Forex trading strategies have been evolved over the years. Mostly currency trading happens with either USD or E...
You Can now Make Money E ...
You Can now Make Money Easy in Penny Stocks - Day Trading. It can be easy when you have the right tools to make money trading penny stocks. Their many publications that are avai...
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Forex Profit Code – qu ...
Forex Profit Code, created by Robert Meyer is quickly becoming a widely known Forex automated ro...
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Mastering Your Mind For Stoc ...
The stock market is made up solely of buyers and sellers. These buyers and sellers may be super-h...
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5 Tips to Investing Successf ...
This is the most obvious and most difficult step in stock trading. With well over 10,000 stocks t...
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- We’re in the midst of an international currency war,
- How You Can Jumpstart Your Investment Profits
- invest the old-fashioned way—in fundamentally small stocks
- A revealer of little-known and relevant statistics
- The insiders have left the building.
- Following Other Stock Market Traders
- Social Media is an Advantage for Stock Investors
- First Foray Into Making Money on the Stock Market
- 5 Tips to Investing Successfully in the Stock Market
- 4 Tips about Setting up your Stock
- Push the Right Buttons with an Online Stock Trading Game
- How to Spot a Good Stock Market Software
- How To Make Trading Stock Online Worth Your While
- Let’s Talk Stock Market Fundamentals 1
- Mastering Your Mind For Stock Market Profit
- Forex Profit Code – quit your job and work from home!
- Learning Metatrader, The Number 1 forex Trading Software
- You Can now Make Money Easy in Penny Stocks – Day Trading
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Cut google ad outHow to read Forex Quotes ?
Written by Visitor on Sunday, October 31, 2010 | Comments Off
Categories: FOREX, Stocks 101
How to read Forex Quotes ?
How to read Forex Quotes ?
Author:>Reading Forex quotes is easy although it looks a bit confusing at the beginning
Currencies are always quoted in pairs. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed.
The first currency in the quotes act as the ‘base currency’.
For example USD/JPY, EUR/GBP, and GBP/AUD, in such cases, USD, Euro Dollar, and Britain Pound are acting as the base currency. Base currency in a Forex quote will always has a value of 1. USD/JPY indicates how much Japanese Yens you can buy with 1 United States Dollar; similarly EUR/GBP indicates the exchange rate of Great Britain Pound with 1 Euro Dollar.
FX Quoting: Bid/Ask and Spread
There are sometimes that you can only see one price but often currency exchange price are display in pairs with ‘bid price and ask price’.
For example EUR/USD 1.2385/1.2390, 1.2385 is known as the bidding price, while 1.2390 is the asking price. Bidding price is the price that you sell the base currency (EUR in our case here); asking price is the price that you buy the base currency. The different of the bidding and the asking price is called ‘spread’.
You might notice that bidding price is always lower than the asking price. Ever wonder why? The different of the bid-ask price (socall ‘spread’) is how currency brokers make profits without charging commissions to their clients (sell high and buy low in the same time
What’s a pip?
A pip is the smallest value in a Forex quote. Take our example earlier on EUR/USD. If the exchange rate goes from 1.2385 to 1.2386; that’s one pip. In mathematical definition, a pip means the last decimal place of a quotation.
Note that as each currency has its own value, the value of a pip is different from one another. Say USD/JPY rate at 120.75, a pip would be 0.01 (the second decimal place); while for EUR/USD 1.2385, a pip would be 0.0001 (the fourth decimal place).
Example of Forex Quotes
Confused about the quotes? Don’t worry too much about it, you’ll get used to them as soon as you move on and start your trades.
For the beginners, here are some quick examples. Try not look at the answer and determine the value of bid price, ask price, spread value, and the pip value.
EUR/USD 1.2385/1.2390
Base currency= Eur
Bid price= 1.2385; Ask price= 1.2390
When selling Euros, 1 Euro = USD$1.2385; when buying Euros, USD$1.2390 = 1 Euro.
Spread = 1.2385 – 1.2390 = 0.0005
Pip value= 0.0001
EUR/JPY 127.95/128.00
Base currency= Eur
Bid price= 127.95; Ask price= 128.00
When selling Euros, 1 Euro = JPY127.95; when buying Euros, JPY128.00 = 1 Euro.
Spread = 127.95 – 128.00 = 0.05
Pip value= 0.01
GBP/USD 1.7400/10
Base currency= GBP
Bid price= 1.7400; Ask price= 1.7410
When selling Pound, 1 Pound = USD$1.7400; when buying Pound, USD$1.7410 = 1 Pound.
Spread = 1.7400 – 1.7410 = 0.001
Pip value= 0.0001
USD/JPY 119.8
Base currency= USD
No bid-ask price is displayed, spread value not available.
Pip value= 0.1
Getting used to the quotes now? Well, don’t feel down if you’re still slow… you’ll be picking up on reading them as you move along.
Reading Forex quotes is easy although it looks a bit confusing at the beginning
Currencies are always quoted in pairs. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed.
The first currency in the quotes act as the ‘base currency’.
For example USD/JPY, EUR/GBP, and GBP/AUD, in such cases, USD, Euro Dollar, and Britain Pound are acting as the base currency. Base currency in a Forex quote will always has a value of 1. USD/JPY indicates how much Japanese Yens you can buy with 1 United States Dollar; similarly EUR/GBP indicates the exchange rate of Great Britain Pound with 1 Euro Dollar.
FX Quoting: Bid/Ask and Spread
There are sometimes that you can only see one price but often currency exchange price are display in pairs with ‘bid price and ask price’.
For example EUR/USD 1.2385/1.2390, 1.2385 is known as the bidding price, while 1.2390 is the asking price. Bidding price is the price that you sell the base currency (EUR in our case here); asking price is the price that you buy the base currency. The different of the bidding and the asking price is called ‘spread’.
You might notice that bidding price is always lower than the asking price. Ever wonder why? The different of the bid-ask price (socall ‘spread’) is how currency brokers make profits without charging commissions to their clients (sell high and buy low in the same time
What’s a pip?
A pip is the smallest value in a Forex quote. Take our example earlier on EUR/USD. If the exchange rate goes from 1.2385 to 1.2386; that’s one pip. In mathematical definition, a pip means the last decimal place of a quotation.
Note that as each currency has its own value, the value of a pip is different from one another. Say USD/JPY rate at 120.75, a pip would be 0.01 (the second decimal place); while for EUR/USD 1.2385, a pip would be 0.0001 (the fourth decimal place).
Example of Forex Quotes
Confused about the quotes? Don’t worry too much about it, you’ll get used to them as soon as you move on and start your trades.
For the beginners, here are some quick examples. Try not look at the answer and determine the value of bid price, ask price, spread value, and the pip value.
EUR/USD 1.2385/1.2390
Base currency= Eur
Bid price= 1.2385; Ask price= 1.2390
When selling Euros, 1 Euro = USD$1.2385; when buying Euros, USD$1.2390 = 1 Euro.
Spread = 1.2385 – 1.2390 = 0.0005
Pip value= 0.0001
EUR/JPY 127.95/128.00
Base currency= Eur
Bid price= 127.95; Ask price= 128.00
When selling Euros, 1 Euro = JPY127.95; when buying Euros, JPY128.00 = 1 Euro.
Spread = 127.95 – 128.00 = 0.05
Pip value= 0.01
GBP/USD 1.7400/10
Base currency= GBP
Bid price= 1.7400; Ask price= 1.7410
When selling Pound, 1 Pound = USD$1.7400; when buying Pound, USD$1.7410 = 1 Pound.
Spread = 1.7400 – 1.7410 = 0.001
Pip value= 0.0001
USD/JPY 119.8
Base currency= USD
No bid-ask price is displayed, spread value not available.
Pip value= 0.1
Forex trading strategies – day-trading, swing trading, long term
Written by turbox on Sunday, October 31, 2010 | Comments Off
Categories: FOREX, Stocks 101 Tags: achieve great successes, currency trading, decisions on day trading, financial indicators, Foreign Exchange trading, forex trading strategies, important strategie, intraday variations, long term, market moving trends, short term investments, skills and expertise, swing trading, temporal fluctuations, understand the movements, well proven strategies
Forex trading strategies – day-trading, swing trading, long term
Forex trading strategies – day-trading, swing trading, long term. Forex trading strategies have been evolved over the years. Mostly currency trading happens with either USD or Euro as one of the currency in the pair. It is essential to follow well proven strategies to achieve great successes in foreign exchange trading. Efficient, simple and consistent strategies are to be understood before jumping into the currency trading business. The important strategies include day trading, swing trading, position trading, short term and long term trading.<br /><br />It is essential to understand each of the strategies. Day trading stands for the method of trading for a few minutes to few hours in a day and all of the trades will be closed at the end of the day. This strategy is good to cash out the temporal fluctuations in the forex trading market. Swing trading stands for the trading practice in which the investor trade for few hours to a week or two. This is a trading practice suitable for short term investments. This is advised when there are not much intraday variations and is suitable to exit the trading when the market is profitable. Position trading is the trade spanning for months to years. The long term trading strategies are under these types of currency trading.<br /><br />As an investor you have to analyze clearly the financial indicators before finalizing the strategy or strategies to be adopted. You should be watchful about the currency rates of USD and Euro to understand the movements of the foreign exchange rates and forex trading. Each of the forex trading strategies requires different skills and expertise. For example, day traders need to be very vigilant about the market moving trends. Day traders should be well equipped with a set of indicators or signals which can help them in taking quick decisions on day trading so they can enter or exit the currency trading with the perfect signals available to them just in front of their online computer. Even 5 minutes and 15 minutes charts will help you to finalize the entry and exit in the forex trading.
Forex trading strategies have been evolved over the years. Mostly currency trading happens with either USD or Euro as one of the currency in the pair. It is essential to follow well proven strategies to achieve great successes in foreign exchange trading. Efficient, simple and consistent strategies are to be understood before jumping into the currency trading business. The important strategies include day trading, swing trading, position trading, short term and long term trading.
It is essential to understand each of the strategies. Day trading stands for the method of trading for a few minutes to few hours in a day and all of the trades will be closed at the end of the day. This strategy is good to cash out the temporal fluctuations in the forex trading market. Swing trading stands for the trading practice in which the investor trade for few hours to a week or two. This is a trading practice suitable for short term investments. This is advised when there are not much intraday variations and is suitable to exit the trading when the market is profitable. Position trading is the trade spanning for months to years. The long term trading strategies are under these types of currency trading.
As an investor you have to analyze clearly the financial indicators before finalizing the strategy or strategies to be adopted. You should be watchful about the currency rates of USD and Euro to understand the movements of the foreign exchange rates and forex trading. Each of the forex trading strategies requires different skills and expertise. For example, day traders need to be very vigilant about the market moving trends. Day traders should be well equipped with a set of indicators or signals which can help them in taking quick decisions on day trading so they can enter or exit the currency trading with the perfect signals available to them just in front of their online computer. Even 5 minutes and 15 minutes charts will help you to finalize the entry and exit in the forex trading.
http://forex-trader-r2k.blogspot.com/
Cut google ad outYou Can now Make Money Easy in Penny Stocks – Day Trading
Written by turbox on Sunday, October 31, 2010 | Comments Off
Categories: Featured, Penny Stocks, Stocks 101 Tags: experience trading, Make Money Easy, make money with penny stocks, Penny Stocks, pick the right stocks, profit greatly, small amount of money
You Can now Make Money Easy in Penny Stocks – Day Trading
You Can now Make Money Easy in Penny Stocks – Day Trading. It can be easy when you have the right tools to make money trading penny stocks. Their many publications that are available for you and it is important to subscribe to them so that you will have the information you need to pick the right stocks. Even during down economic times people can make money with penny stocks but you have to be knowledgeable. You want to make sure that you do not make the wrong move because it can cost you everything that you have. The reason penny stocks are so good to trade is because you have a lot of leverage with them. You can buy a lot of these stocks for a small amount of money and when the price goes up you make a great profit.</p> <p>How to: <a href=”http://www.einvestorguru.com/pennystocks.html” target=”_new”>Trade Penny Stocks</a></p> <p>To be successful you need to have on information you can about the companies you are investing in. You can profit greatly with penny stocks but you are going to need to have information before you make any trades. It is also a good idea to speak with someone who is a day trader and has experience trading with these types of securities. You must always be cautious because you do not want to buy a stock that ends up going bankrupt. This could cost you all the money that you have.
It can be easy when you have the right tools to make money trading penny stocks. Their many publications that are available for you and it is important to subscribe to them so that you will have the information you need to pick the right stocks. Even during down economic times people can make money with penny stocks but you have to be knowledgeable. You want to make sure that you do not make the wrong move because it can cost you everything that you have. The reason penny stocks are so good to trade is because you have a lot of leverage with them. You can buy a lot of these stocks for a small amount of money and when the price goes up you make a great profit.
How to: Trade Penny Stocks
To be successful you need to have on information you can about the companies you are investing in. You can profit greatly with penny stocks but you are going to need to have information before you make any trades. It is also a good idea to speak with someone who is a day trader and has experience trading with these types of securities. You must always be cautious because you do not want to buy a stock that ends up going bankrupt. This could cost you all the money that you have.
You Can: Get Rich Trading
Remember that trading in penny stocks is a great opportunity for you to make a lot of money. But before you begin it is important that you educate yourself and understand how these types of securities work. You do not want to make a mistake which will cost you all the money you have. With the right information you will be able to trade penny stocks and make a great fortune doing so.
Cut google ad outForex Profit Code – quit your job and work from home!
Written by turbox on Sunday, October 31, 2010 | Comments Off
Categories: Stocks 101, Uncategorized Tags: a simple system, automated forex trading, automated forex trading system, difficult to pick, expert advisors, extra income online, Forex automated robot, forex trading, high gains, huge profits, huge trading capita, most accurate review, select winning trades, trader massive income, trading wealth
Forex Profit Code – quit your job and work from home!
Forex
Profit Code, created by Robert Meyer is quickly becoming a widely known Forex automated robot that’s sweeping across the internet. This particular software is what’s known as an expert advisor, or simply put a simple system that places trades based on a mathematical formula. There are literally hundreds of expert advisors out on the market place today and in some cases it’s difficult to pick out one that’s actually going to work. Let’s take a further look at what actually makes up a good Forex trading robot.
Have you ever heard of Forex Profit Code? I bet, you are here because you are looking for the most accurate review of this new trading system, right? If you are serious about making extra income online, one of the best way to start is through forex trading.
What is Forex Profit Code and what does it actually gives you?
Forex Profit Code is 100% mechanical forex system that can actually do all the hard work that usually involves when you trade the forex. This system looks for profitable opportunity and when that opportunity arrives it actually do all the necessary things to do in order to gain huge profits. This system make money everyday. The system was created by Robert Meyer, a forex expert. The system was based on many years of researching and testing. This is proven to give trader massive income regardless of their own trading background.
Why do you have to choose Forex Profit Code from the many automated forex trading system online?
Forex Profit Code is not the usual forex trading system that you actually tried of. This system was designed and depends entirely on the use of purely scientific criteria to select winning trades, one that uses logic. This is a no-guess work system. A system that has proven to give you not just profit but consistent profits that you can depend on for the rest of your life. The system had been attested and the results were verified by an attorney of law. In this case, you can be assured of that this is really the ultimate automated forex trading system to date!
Who can use Forex Profit Code?
Anyone can use Forex Profit Code. Even if you are 9-5ers who are willing to spend 5 minutes everyday in front of your computer, beginners, novice or even an expert trader who wish to increase their own trading profits. This system has been trusted by many, no trading background needed and no huge trading capital involved. You don’t have to risk so much of your money because you can actually start using their own virtual account. Absolutely no risk with high gains.
For our conclusion, Forex Profit Code is really not a scam. It has proven its own profitability for so many years now. Up to this moment, the system still gives anyone opportunity to easily create their own trading wealth. The system is simple, proven, tested, unique and a very powerful one. There are no reason for you to pass this opportunity. So, if you are serious about making huge profits from forex trading, this is the right time.
Cut google ad outMastering Your Mind For Stock Market Profit
Written by Visitor on Sunday, October 31, 2010 | Comments Off
Categories: Featured, Stocks 101, Uncategorized Tags: abundance of money, buyers and sellers, Comfort Zones, entry and exit strategies, financially dependent, History repeats, how to make money, institutions trading, make money, Markets boom, parcels of shares, private individuals trading, profit from history, rewards are outstanding, ridiculously simple, strongest human emotions, trillions of dollars, wealthiest people
Mastering Your Mind For Stock Market Profit
by: Daniel Kertcher
The stock market is made up solely of buyers and sellers. These buyers and sellers may be super-huge, billion dollar institutions trading enormous amounts of money everyday or private individuals trading just one or two parcels of shares each year. Regardless, at its core, the market is made up 100% of people. People with emotions just like you and me.
You’ve no doubt heard the phrase, “History repeats itself”. Well, despite all of our technological achievements, we have still not mastered our emotions. History in the stock market always repeats itself because the markets are driven by two of the strongest human emotions, FEAR and GREED.
Markets boom and bust with cyclical regularity because of human nature. We are creatures of habit. For those who can accept this and learn to control their emotions, the rewards are outstanding. By recognising emotion in the markets, we can time our entry and exit strategies and profit from history repeating itself time and time again.
Investors like Warren Buffet recognise that investing is 80% psychological and only 20% mechanical. It doesn’t matter how good your system or strategy is. Unless you are mentally focused and as emotionless as possible, you will fail. This is much easier said than done, of course. Why? Because we spend our entire lives developing our psychological feelings towards money. These feelings are often referred to as Comfort Zones.
Comfort Zones
One of the most basic human needs is the feeling of Certainty. When we are certain of our surroundings we can rest easy and enjoy our lives. Uncertainty brings risk and makes us feel anxious and very uncomfortable. Since we were little children we have developed our comfort zones and we all have different comfort zones when it comes to money. Some of us feel that we must work very hard to make money. Others feel that they will never have money, or they don’t deserve to have money.
If you look at the wealthiest people in the world, very few live within these comfort zones. Their money comfort zones see them having an abundance of money. They believe that there is an enormous amount of money, more than enough for everyone to enjoy. They know that there are trillions of dollars circulating the world everyday looking for a home. They know how to make money and that making it is ridiculously simple.
Our emotion of certainty dictates our comfort zones. If we are certain that money is hard to make, then it will be, and we will be certain in our comfort zone. We would probably not be rich, but in our minds, we would be right. Alternatively, if we are certain that money is easy to make, and we just have to know how, than it will be easy to make, and we will be certain in our comfort zone.
Obviously, if your comfort zone has you believing that money is difficult to make, or some other negative feeling, then you will have to break out your comfort zone and climb into another one. When you do this, you will feel very uncertain. This can be very scary and is the reason why, despite all of the opportunities available, 95% of people end up broke or financially dependent when they reach 65 years of age.
About The Author
Daniel Kertcher is a licensed stock market educator. Daniel has trained many people from North America, Australia and Europe in various trading systems. Join his trading mail list http://www.platinumpursuits.com and read more about him at his personal website http://www.danielkertcher.com and http://www.danielkertcherweb.com
How to Spot a Good Stock Market Software
Written by Visitor on Sunday, October 31, 2010 | Comments Off
Categories: Featured, Stocks 101 Tags: 24 hour customer support, become a millionaire, ease of use, feedback channels, forum, important information, investment platform software, market all the more productive, minimalistic design, money back guarantee, old fashioned interfaces, purchasing decision, solve your problem, stock market software, stock trading software, sweeping promises, too complicated, universally important
How to Spot a Good Stock Market Software
by: John H, Anderson
Entering the online stock market would almost always entail that you get your hands on good stock market software to ensure that you have the best software solution to make your day at the market all the more productive. There is a whole host of software available out there on the internet, and while you will be overwhelmed by the sheer choice you have at your disposal, the last thing you should do is simply choosing the first one you see that has a nice packaging and some sweeping promises ensuring that you become a millionaire within a few days. I am sure that when the programmer or engineer who has coding the software did not really put in a magic genie into the code, because there is no software out there in the world that will make you money without your own effort.
When choosing one, there are many things you need to look out for and this article will discuss some of the things that are universally important when getting a software and executing it on your computer. One of the things you need to look out for of course, is the ease of use. The stock trading software should not be convoluted and should be easy to use. Navigation and buttons as well as instructions should be tactile and easy to retrieve. Too many times have I come across software that was too complicated or designed without any thought to the end user, with clunky and old fashioned interfaces combined with old programming that I can barely understand.
Good software has modern interfaces with a minimalistic design, with a more pertinent interface that has all the important information within easy reach. Also, make sure that the software is compatible with all the available and popular operating systems out there, and you need to sign up with a company with adequate tech support. Some might argue that that is the most important thing when considering any sort of investment platform software from a third party source, because when things go wrong, you need to have a 24 hour customer support or some sort of technical assistance you can reach easily on hand to solve your problems or to guide you through the whole process of fixing it.
The website that is selling the product must be professional and believable – avoid like the plague sites that promise you impossible things and only seem interested in selling the product. Look out for sites that have a forum, feedback channels and ways to contact them. Forums are really important because they have a lot of consumer feedback that you can use to make your purchasing decision. Last but not least, make sure that there is an iron clad money back guarantee that you can hook on before you key in your credit card number, as for any reason that you are not satisfied, you should be able to return and get a full refund. Do not trust sites that do not provide this service, no matter how good it is.
About The Author
John H. Anderson is a specialist in Forex Trading with more than a decade of experience. He owns Trade-currency.org where he provides his Forex Trading Review
