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Wednesday, October 28, 2009

Learn Currency Trading Like a Pro

By Scott McDonald

When trying to learn currency trading at first, it was difficult. This hard phase soon went away after finding out about forex scalping. Forex scalping would have to be the quickest style to learn, and great for the beginner. In just a matter of a few weeks a new trader can start to make profits. After I learned scalping I incorporated this one method the gurus swear by, and it has lead to my trading account doubling every month!

When learn currency trading? At first I only spent a few hours here and there on my forex. This was soon to end after realizing that I needed to put more time into it to get any kind of results. Dedication took over, and results started accelerating. Once a trader realizes that they need to keep them self in a hardcore trader mindset and put time in, their success will come. Adding this one method to my trading and being dedicated resulted in my trading account doubling in a month!

When learn currency trading? At first I only spent a few hours here and there on my forex. This was soon to end after realizing that I needed to put more time into it to get any kind of results. Dedication took over, and results started accelerating. Once a trader realizes that they need to keep them self in a hardcore trader mindset and put time in, their success will come. Adding this one method to my trading and being dedicated resulted in my trading account doubling in a month!

Finding how to learn currency trading for a steady income is challenging with so many options. There are many ways out there that can make money in the same market, but it is something different to have a method that consistently works. After discovering the shocking method that the pros have been using for years I had to test it out. After a few weeks I doubled my trading account! There was no turning back.

Finding how to learn currency trading for a steady income is challenging with so many options. There are many ways out there that can make money in the same market, but it is something different to have a method that consistently works. After discovering the shocking method that the pros have been using for years I had to test it out. After a few weeks I doubled my trading account! There was no turning back. - 23199

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Free Candlesticks Guide

By Ahmad Hassam

Candlesticks have become popular in the Western trading community especially the United States in the past decade. However, candlestick charting methods had been developed by Japanese rice traders hundreds of years back.

The advent of internet has leveled the playing field for traders whether they trade stocks, futures, options, commodities, precious metals or currencies. Access to the market is now only one mouse click away.

The opening of retail trading especially in the currency markets that was previously only open to large players like big banks and corporations has been a revolution. Market information is now in most cases freely available online. Internet has made commission rates dramatically lower. The result is that a whole generation of new traders and investors want to try their luck beating the market. You can now demo trade with virtual money to develop and hone your trading skills.

Can you beat the market? It depends if you are using the right tools. I am a great fan of candlesticks charting and I have seen many traders both new and professionals becoming die hard fans of candlestick charting. Why? Because candlestick charting is the best tool available.

There are many forms of charting techniques that have been developed over time. Why candlestick charting is superior to other forms of charting like the line charts, bar charts or point and figure charts? One of the best features of candlestick charting is its visual appeal and readability. You can glance at a candlestick chart and quickly gain an understanding of whats going on with the price action in the market.

You can easily spot opening and closing price of a security or currency on a candlestick chart. These price levels can be a very important area of support and resistance from day to day.

Have you ever heard names like Harami, hanging man, doji etc? Well these are the names of a few candlestick patterns. There are certain specific candlestick patterns that can help you identify when is the best time to buy, sell or wait on a trade or investment. This information can be extremely useful for short term traders like day traders and swing traders.

These candlestick patterns can be a real boon to your trading and you can combine them with other technical indicators for even more reliable results. Now in order to trade and invest effectively using candlestick charts you need to understand these candlestick patterns.

Patterns appear on the candlestick charts as simple, single stick occurrences or complex multi stick formations. Many different types of candlestick patterns can tell you what may lie ahead in the market.

You may use the information provided by candlestick patterns to decide when to get into a trade, when to get out of a trade or even when to hang unto a trade you are already in. This information can be highly valuable in knowing that the prevailing trend might reverse or continue.

Download your 82 page candlestick guide here complete with strategy flash cards all free. This is the best candlestick guide in the market and you dont need to waste your money on buying a guide because this candlestick guide is a complementary gift for you from the Options University. - 23199

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Sound Analysis Provides Real Investment Research

By Harriett Meece

As a life-long investor, I have to share some information with you. I can't stand most investment research - whether it's a financial newsletter, stock newsletter, or investing newsletter.

These newsletters arrive in my mailbox and email inbox in droves. These newsletters are awful. Another corporation's research is always driven just by the market; they consistently fail to identify any other factors that may influence stocks and bonds. Another corporation's research is always driven just by the market; they consistently fail to identify any other factors that may influence stocks and bonds.

I was complaining about the investment research newsletters to a friend of mine, and he directed me to MyStrategicForecast.com. I ended up thoroughly reading their web pages for several hours (I re-read everything several times). I was incredibly impressed with their research; I went on and registered for a few sample strategic investing reports.

Their first investing newsletter was so precise I became shocked. Through a sound methodology for predicting financial markets, My Strategic Forecast doesn't simply engage in predictions. By using several many factors, including historical trends, political conditions, geopolitical considerations, and Solar-Geophysical data, they derive information that is well-considered and concise. I was impressed by the amount of data they managed to review prior to issuing their report, but yet, the report's information was timely and current.

By paying close attention to what they call "five pillars of global market influences", My Strategic Forecast has developed a market timing service unlike any other I've seen. My Strategic Forecast doesn't follow other brokerage firms' pattern of tracking global indexes in order to determine a recognizable pattern. Instead, they incorporate the five other market influences into the historical charts, and determine what was occurring when the market shifted one way or another. My Strategic Forecast have a carefully developed methodology in order to understand current market events; they do not engage in "shoot from the hip" predictions.

My Strategic Forecast also won me over with their emails. Their alerts are all hard, focused, and considerably more substantial than the other e-newsletters I've received. I was thrilled that I don't receive the same ad copy - rewritten every time - in my inbox every time I open it.

Due to his recommendation, I constantly thank my friend for providing me information regarding My Strategic Forecast. I am very pleased with the amount of work they have put in compared to the low cost I am spending each month. Today, it seems almost impossible to receive better service than what you pay for. - 23199

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Understanding Forex Margin Call

By Ahmad Hassam

Many new forex traders all of sudden receive a margin call. Maybe they did not educate themselves properly about forex trading and started trading. Have you ever received the dreaded forex margin call? Whatever, you must be very clear about what is a forex margin call. But contrary to the popular opinion that a margin call represents that worst case scenario for the currency trader, this is far from the truth. The risk that is assumed when trading aggressively the currency markets often results in receiving a margin call. The worst case could be far worse.

To owe additional funds to the broker is actually the worse case scenario. A margin call is in fact a safeguard to protect a trader from losing 100% or even more of the money in the trading account. This uncomfortable position is largely avoided because of the existence of the margin call.

In stock trading, you will receive an actual call from the broker to add more funds to your margin account when equity is running low. Unlike the world of stock trading, a margin call is not actually a physical call from your broker in forex trading.

In forex trading when the trader no longer has enough equity in the trading account to keep the open positions viable, the trading platform software automatically closes out all the open positions and immediately realizes all losses at the prevailing market rates.

There are good reasons for automated margin calls in forex trading, although this may seem a bit cold hearted. Prices can move extremely fast in forex markets and because of the high leverage used, every price move is magnified.

The forex margin call closes all open positions to help ensure that the trader does not lose the entire account or worse as a safeguard measure. The trading account can become depleted very quickly with not enough time to call for more funds when the traders equity runs low in forex trading.

For example, you have $1500 in your trading account. You use a leverage of 100:1 to trade in standard lots of $100,000. So exactly when is a margin call triggered? This depends exactly on the number and the size of the lots being traded, the leverage chosen and the equity in the account.

You want to trade one standard lot of EUR/USD. That is EUR 100,000. Suppose the EUR/USD exchange rate is 1.3465. You need to convert it into Euros since your account is in US Dollars. So you need $1346 to trade standard lot EUR 100,000. This is because with a leverage of 100:1, EUR 1000 are needed to control EUR 100,000.

Suppose you are very new and dont know about stop losses, you start trading without putting stop losses in place. Your trading account has $1500. The margin required to keep the trade open is $1346. Each pip is exactly equal to $10 in this case.

You will receive a margin call when your equity drops below $1346 and your open position will be automatically closed at this point. That means once you lose the excess equity in your account above the margin required to trade a standard lot that is $1500-$1346= $154. This is equal to 15.4 pips loss (assuming no spread). - 23199

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How Can An Old Theatre Be Transformed?

By Jamie Cawasaki

Around London and many other cities throughout the world, exist many "pleasure palaces" that have long ago outlived their original use. Once glorious structures have become derelict. is it possible to transform these past relics be transformed to regain their usefulness?

These days it benefits the environment to transform an existing building rather than demolish and start over, wherever this is feasible. Reusing the existing foundations and in some cases the original facade of the building can result in much less impact on the environment and will in most cases be much lower in cost to the developer. But what can be done with an old disused theatre? The answer to this question is... plenty! With some ingenuity and architectural knowledge, these beautiful old buildings can once more stand proud in the streetscapes of our cities.

Without a doubt, deciding whether to renovate or completely rebuild is reliant upon the structural integrity of the building paired with the visual aesthetics. Does the building have a cultural significance? Does it exemplify a specific architectural style? Will the resulting structure appreciate in value? There are many such aspects that must be contemplated.

The following ideas are but four of numerous possible transformations of an old theatre.

Creating a Modern Theatre/Cinema Complex

This is mostly likely the clearest choice for such a structure. Providing upgraded facilities in a heritage building can be seen as the best of both worlds, partnering the romance of the pleasure palace with state of the art technology as demanded by today's audiences. There are many disused theatres that have been transformed in this way.

Depending upon the size of the original building and the demands of the locality, there even be scope for a small performance space, complete with change rooms, to accommodate those with a taste for live theatre.

Constructing a Shopping Mall

This is indeed a way to increase revenue, particularly for a building placed in the heart of a city. Small boutiques with a variety of goods for sale would boost the local economy and provide retail-based employment. Consideration should be made regarding car parking spaces or the availability of public transport to attract the greatest number of shoppers.

A Leisure Centre

A combination of a gym with healthy food stalls will attract time-poor city workers. Consider including a meeting place, possibly even a conference centre and the old theatre takes on a new life. A roof top garden, wherever this is practical, would result in a haven for humans, transporting them from their stressful daily lives, even if only for a little while.

A Suite Of Residential Apartments

City living is always attractive and residential spaces are at a premium in most cities. An old theatre can be transformed into a number of trendy living spaces for people who wish to be close to the action, or for those who don't want to commute to work. Once again, the roof top garden is an area where residents can share meals or simply unwind.

With the application of some ingenuity and careful planning, these ideas are sure to be a success and the old theatre will live once more. - 23199

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