InvestorsHub Logo

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating
profile icon
PennyStock Alert Free
09/16/19 8:14 AM
profile icon
stocDawg Free
01/24/06 10:20 PM
profile icon
wasatch Free
01/23/06 6:06 PM
profile icon
LMRI T/A Free
01/14/06 2:23 PM
profile icon
LMRI T/A Free
01/14/06 2:15 PM
profile icon
dig space Free
01/14/06 1:15 PM
profile icon
LMRI T/A Free
01/13/06 2:25 PM
profile icon
dig space Free
01/13/06 1:57 PM
profile icon
LMRI T/A Free
01/05/06 1:15 PM
profile icon
stocDawg Free
01/03/06 9:13 PM
profile icon
stocDawg Free
01/03/06 7:28 PM
profile icon
stocDawg Free
01/03/06 3:31 PM
profile icon
stocDawg Free
12/09/05 5:27 PM
profile icon
benn Free
09/08/05 3:41 PM
profile icon
LMRI T/A Free
07/30/05 5:00 AM
profile icon
LMRI T/A Free
07/27/05 10:35 PM
profile icon
LMRI T/A Free
07/26/05 1:25 PM
profile icon
jon_e_og Free
07/26/05 8:02 AM
profile icon
LMRI T/A Free
07/26/05 4:54 AM
profile icon
LMRI T/A Free
07/26/05 4:19 AM
profile icon
LMRI T/A Free
07/26/05 4:14 AM
profile icon
jon_e_og Free
07/25/05 12:18 AM
profile icon
LMRI T/A Free
07/23/05 2:44 AM
profile icon
stocDawg Free
07/17/05 8:18 PM
profile icon
stocDawg Free
07/17/05 7:44 PM
profile icon
jon_e_og Free
07/17/05 5:49 PM
profile icon
jon_e_og Free
07/17/05 1:34 PM
profile icon
LMRI T/A Free
07/17/05 1:58 AM
profile icon
LMRI T/A Free
07/11/05 2:10 PM
profile icon
jon_e_og Free
07/11/05 1:48 PM
profile icon
LMRI T/A Free
07/11/05 1:45 PM
profile icon
stocDawg Free
07/11/05 5:34 AM
profile icon
jon_e_og Free
07/11/05 2:38 AM
profile icon
jon_e_og Free
07/11/05 1:51 AM
profile icon
jon_e_og Free
07/11/05 1:51 AM
profile icon
Wachovia_Man Free
07/10/05 11:07 PM
profile icon
OneVoice Free
07/07/05 6:29 PM
profile icon
stocDawg Free
07/07/05 5:57 PM
profile icon
jon_e_og Free
07/07/05 4:25 PM
profile icon
stocDawg Free
07/06/05 4:56 PM
profile icon
jon_e_og Free
07/06/05 1:10 AM
profile icon
jon_e_og Free
07/05/05 2:42 AM
profile icon
LMRI T/A Free
07/05/05 2:35 AM
profile icon
jon_e_og Free
07/05/05 2:01 AM
profile icon
jon_e_og Free
07/05/05 1:45 AM
profile icon
LMRI T/A Free
07/05/05 1:06 AM

CURRENCY CENTRAL (fka ) RSS Feed

Followers
14
Posters
30
Posts (Today)
0
Posts (Total)
918
Created
11/21/04
Type
Free
Moderators
WELCOME TO CURRENCY CENTRAL! $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ This board was created to be used as a tool for currency traders. If you trade currencies, please feel free to post your buys and sells. As always, these posts will be recommendations and you are responsible for your own actions. I'll be updating the IBOX frequently.... $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ From www.4xmadeeasy.com The foreign currency market (known as the FOREX) is the largest financial market in the world. Every day over $1.5 trillion dollars in currency are traded thru the spot foreign exchange market. Until recently, large international banks dominated this market only allowing access via telephone trading to a select few major corporations, large funds and high net worth individuals. This little known, underexposed, foreign exchange currency market can now be traded online and is available to the general public. Individual investors now have the opportunity to trade the largest, most liquid financial market in the world and have the financial edge that has been traded by major institutions for years. 2001 historical data reflects that a basket of major currencies has far outpaced the returns of the Dow Jones Industrial Average as well as 30-Year Bond Futures. In contrast to the world's stock markets, the foreign exchange market is not subject to the danger of corporate greed, accounting fraud and insider trading. The FOREX market is open 24 hours a day, 6 days a week and can be traded without paying any commissions. Similar to the stock exchange, when you trade the FOREX, you do pay the spread (the difference between the bid and the ask price) but that is it. There are no commissions to pay and you pay the spread only once, unlike the stock market where you pay it twice. $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Technical Analysis Here are some excellent resources if you want to sharpen your T/A skills..... 1. Technician's Guide to Day and Swing Trading - Martin Pring Comes with an interactive CD. 2. Fxcm.com - They offer introductory courses. This is my broker. No complaints yet. 3. http://www.businessweek.com/magazine/content/04_50/b3912067.htm 4. http://invest-faq.com/articles/tech-an-basics.html $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ Trading Strategies 1. If you are considering a position, check the daily chart. Are you trying to run with it or against it? In other words, try not to short something using 5 min charts if the LT trend is going up. That way, if you screw up in the 5 min chart (or similar), or you step away from your computer, you have a general trend to fall back on (i.e. 8 hour or daily trend). If you want to play it safe, run with the current trend. You are not a prophet, fortune teller, etc. Until you make money, the name plate on your desk is still Clarke Kent. 2. Don't get greedy. Hey, we all want to make money. Don't be an idiot and spoil your profits. Sell into strength going up. No need to think you're going to solve world hunger with one trade. 3. If you are thinking about trading currencies (or anything else for that matter, here's good advice from "disciple": http://www.investorshub.com/boards/read_msg.asp?message_id=4673701
Board Info
Posts Today
0
Posts (Total)
918
Posters
30
Moderators
New Post