I believe that the foreign exchange markets, on average, give more to the investor than is put into it each and every year. This is not only due toinflation, but also due to the influence that institutions and governments use to keep the markets in economically safe levels. For example if I had bought the eurodollar when it was at about 1 euro to 1 USD I would have increased my earnings by 50% without ever having made another trade. Add levearage to that and you can see there are …
You’ve heard of it, its a tatic used by the hedge funds to generate loads in income from a relatively small investment. The carry trade is considered to be far safer than speculative currency trading and it has the ability to create huge returns. We tried to discuss a bit about it at what is the yen carry trade?
We have seen that forex trading is not easy especially if you don’t have a good forex mentor ,good money management or even overtrade your forex account. In short if you don’t know how to choose your forex system , you might get the best forex system in the world but somehow it just does not work for you. You need a great forex mentor too as there are some forex traders who can not learn by themselves and might need to see other traders doing well before they have …
This week I got a few emails and though I did not want to post today as I want to watch the red sox beating the rockies,but I just can not help myself.
I was asked what is the worst indicator in forex trading.
It was a hard question but to be honest , all indicators are useful to a point and all indicators work if you are looking for something in particular. If you are a trader, you must be looking for something in particular. Let me give you an example, …
We have seen that the forex market is also a seasonal trading market , some months are just better for currency pairs than other over the course of a long period of time. In this case, we used 10 year charts to best understand the trends over time and include enough time to show a true trend.