Daily Forex Analysis

Daily Forex Analysis – October 29, 2010

2010-10-29T00:06:00.002-07:00

URUSD Analysis. Being contained by 1.3698 support, EURUSD rebounded from 1.3734, suggesting that sideways movement in a range between 1.3698 and 1.4152 is underway. Lengthier consolidation in the trading range is expected in a couple of days, and further rise to 1.4000 area to reach next cycle top would more likely be seen later today.

GBPUSD Analysis. GBPUSD’s bounce from 1.5649 extended to as high as 1.5977 level. As long as 1.6105 previous high resistance holds, the rise from 1.5649 is treated as correction of downtrend from 1.6105, and another fall to 1.5400 is still possible. However, a break above 1.6105 will indicate that the uptrend from 1.5296 has resumed, then anther rise towards 1.7000 could be seen.

USDJPY Analysis. After touching 81.91 resistance, USDJPY dropped from 81.98, suggesting another fall to test 80.41 is underway, a break below this level will indicate that the downtrend from 85.92 has resumed, then another fall towards 79.75 (1995 low) could be seen. On the upside, as long as 80.41 support holds, one more rise 83.00-84.00 area is still possible.

AUDUSD Analysis. After touching 0.9661 support, AUDUSD rebounded from 0.9651 level. However, another fall towards 0.9400 is still in favor and a breakdown below 0.9651 could signal resumption of downtrend. Key resistance is at 0.9998, only break above this level could trigger another rise to 1.0200 zone.

USDCHF Analysis. Being contained by the upper border of the price channel on 4-hour chart, USDCHF pulled back from 0.9928, suggesting that a cycle top is being formed. Deeper decline is still possible later today and target would be at the lower border of the channel.

USDCAD Analysis. USDCAD traded in a range between 1.0153 and 1.0372. Deeper decline to 1.0100 area to reach next cycle bottom is expected in a couple of days. Key resistance is at 1.0372, only a break above this level could trigger another rise towards 1.0600 zone.

Daily Forex Analysis – October 28, 2010

2010-10-29T00:06:00.000-07:00

GBPUSD Analysis.GBPUSD may be forming a cycle top at 1.5895 level on 4-hour chart. Another fall to re-test 1.5649 key support is expected later today, a break below this level will confirm the cycle top, then deeper decline could be seen to 1.5500-1.5550 area. Only break above 1.5649 level could suggest that lengthier correction of downtrend from 1.6105 is underway.

USDJPY Analysis.USDJPY broke above 81.91 key resistance, suggesting that a cycle bottom had been formed at 80.41 level on 4-hour chart and the downward movement from 85.92 had completed. Further rally would more likely be seen in a couple of days and next target would be at 82.50 area.

EURUSD Analysis.EURUSD is facing 1.3698 support, a break below this level will confirm that the uptrend from 1.2587 (Aug 24 low) has completed at 1.4152 already, then the following downward move could bring price to 1.3400 area. However, the pair may be forming a sideways consolidation in a range between 1.3698 and 1.4152, bounce to 1.3950 area is possible before breaking below 1.3698 key support.

AUDUSD Analysis.

Being contained by 0.9998 previous high resistance, AUDUSD dropped from 0.9973 and reached as low as 0.9651 level, and the key support of 0.9661 had been broken below. Deeper decline is expected later today and next target would be at 0.9450-0.9500 area.

USDCHF Analysis.USDCHF has reached the upper border of the price channel on 4-hour chart, pullback would more likely be seen later today and target would be at the lower border of the channel. Support is at 0.9830, below this level could indicate that a cycle top is being formed and downward move is expected to follow.

USDCAD Analysis.USDCAD’s bounce from 1.0153 extended to as high as 1.0339 level. However, another fall to 1.0100 area to reach next cycle bottom is still possible. Key resistance is at 1.0372, only a break above this level could trigger another rise towards 1.0600 zone.

Daily Forex Analysis – October 27, 2010

2010-10-27T03:38:00.000-07:00

USDJPY Analysis.

USDJPY broke above the falling price channel on 4-hour chart and reaches as high as 81.70. Key resistance is at 81.91, as long as this level holds, the price action in the trading range between 80.41 and 81.91 is treated as consolidation of downtrend from 85.92, and one more fall to 80.00 is still possible. However, a break above 81.91 key resistance will indicate that the downtrend from 95.92 has completed at 80.41 already, then the following upward move could bring price to 83.00-84.00 area.

EURUSD Analysis. EURUSD breaks below 1.3860 support, suggesting lengthier consolidation in the trading range between 1.3698 and 1.4152 is underway. Deeper decline towards 1.3698 is expected later today, rebound would more likely be seen before breaking below this level. However a breakdown below 1.3698 level will indicate that the uptrend from 1.2587 (Aug 24 low) has completed at 1.4152 already, then the following downward move could bring price to 1.3400 area.

AUDUSD Analysis.

AUDUSD failed to break above 0.9998 previous high resistance and pulled back from 0.9973, suggesting another fall towards 0.9661 key support is underway, a break below this level will indicate that the rise from 0.8771 has completed at 0.9998 already, then the following downward move could bring price back to 0.9300 area.

USDCHF Analysis.

USDCHF’s bounce from 0.9463 extends to as high as 0.9881 level. Further rally is still possible later today and next target would be at 1.0000 area. Initial support is at the rising trend line on 4-hour chart and the key support is at 0.9662, only break below this level could trigger another fall to 0.9200 zone.

USDCAD Analysis.

USDCAD might be forming a cycle bottom at 1.0153 level on 4-hour chart. Further rise towards 1.0372 is expected later today, a break above this level could confirm that a cycle bottom has been formed and another rise towards 1.0600 is underway.

GBPUSD Analysis.

GBPUSD broke above 1.5877 resistance, further rise to 1.5950-1.6000 area to reach next cycle top on 4-hour chart could be seen. As long as 1.6105 resistance holds, we’d expected downtrend to resume and one more fall towards 1.5400 is still possible.

Daily Forex Analysis – October 26, 2010

2010-10-26T01:54:00.000-07:00

EURUSD Analysis. EURUSD traded in a range between 1.3698 and 1.4152. Initial support is at 1.3860, as long as this level holds, another rise towards 1.4152 key resistance is expected later today, a break above this level could indicate that the uptrend from 1.2587 (Aug 24 low) has resumed, then further rise 1.4500 is possible. However, below 1.3860 will suggesting lengthier consolidation in the trading range is underway, then deeper decline towards 1.3698 could be seen.

AUDUSD Analysis. Being contained by 0.9998 previous high resistance, AUDUSD pulled back from 0.9973, however another rise towards 0.9998 would more likely be seen later today, a break above this level could indicate that the upward movement from 0.8771 has resumed, then another rise towards 1.0100-1.0200 could be seen. Key support is at 0.9740, only break below this level could trigger another fall to 0.9400 area.

USDCHF Analysis. USDCHF might be forming a cycle top at 0.9804 level on 4-hour chart, key support is at 0.9572, a breakdown below this level will confirm the cycle top, then another fall to 0.9200 could be seen. On the upside, as long as 0.9572 level holds, one more rise to 0.9850-0.9900 area to reach next cycle top is still possible.

USDCAD Analysis.

USDCAD’s downward move from 1.0372 extended to as low as 1.0153 level. Deeper decline is still possible later today, and next target would be at 1.0100-1.0130 area. However, as long as 0.9979 key support holds, the fall from 1.0372 is treated as correction of uptrend from 0.9979, another rise towards 1.0600 is still possible after correction.

GBPUSD Analysis.

GBPUSD stays in a trading range between 1.5649 and 1.5877. Key resistance is at 1.5877, as long as this level holds, the price action in the range is treated as consolidation of downtrend from 1.6105 and another fall towards 1.5400 is still in favor. However, a break above 1.5877 could indicate that the fall from 1.6105 has completed at 1.5649 already, and the uptrend from 1.5296 has resumed.

USDJPY Analysis.

After a sideways consolidation, USDJPY continues its downward move from 85.92, and the fall extended to as low as 80.41 level. Deeper decline is still possible later today and next target would be at 80.00 area.

Daily Forex Analysis – October 25, 2010

2010-10-25T06:34:00.000-07:00

EURUSD Analysis.

EURUSD stays in a trading range between 1.3698 and 1.4152. Another rise to test 1.4152 key resistance is still possible later today, a break above this level will indicate that the uptrend from 1.2587 has resumed, then further rise towards 1.4500 could be seen. Support is at 1.3860, below this level could bring price back towards 1.3698 key support.

AUDUSD Analysis.

AUDUSD stays in a trading range between 0.9661 and 0.9998. Key resistance of 0.9998 is expected to be tested later today, a break above this level could indicate that the uptrend from 0.8771 has resumed, then another rise towards 1.0100-1.0200 could be seen to follow. Support is at 0.9740, a breakdown below this level could trigger another fall to 0.9400 area.

USDCHF Analysis.

USDCHF’s bounce from 0.9463 extended to as high as 0.9804 level. Further rally is still possible later today and next target would be at 0.9850-0.9900 area. Support is at 0.9690 followed by 0.9570, only break below 0.9570 could trigger another fall to 0.9200 area.

USDCAD Analysis.

USDCAD formed a cycle top at 1.0372 level on 4-hour chart. Another fall to 1.0130 area is expected in a couple of days. However, the fall from 1.0372 is treated as correction of uptrend from 0.9979, the uptrend could be expected to resume before breaking below 0.9979 level.

GBPUSD Analysis.

GBPUSD is in downtrend from 1.6105. Another fall towards 1.5400 would more likely be seen in next several days. Key resistance is now at 1.5877, only break above this level could indicate that the downward move from 1.6105 has completed at 1.5649 already, and the uptrend from 1.5296 has resumed.

USDJPY Analysis.

No changed in our view, USDJPY stays in a narrow trading range between 80.84 and 81.91. The price action in the range is treated as consolidation of downtrend from 85.92. Another fall towards 79.75 (1995 low) would more likely be seen later today.

Daily Forex Analysis – October 19, 2010

2010-10-23T06:16:00.000-07:00

USDCHF Analysis.

USDCHF has reached the upper border of the price channel on 4-hour chart, suggesting that a cycle bottom has been formed at 0.9463 level. Further rally towards 0.9727 is still possible later today, a break above this level will indicate that the fall from 1.0277 has completed at 0.9463 already, then the following upward move could bring price to 1.0000 zone. However, as long as 0.9727 key resistance holds, downtrend is expected to resume, and another fall to 0.9300 is expected.

USDCAD Analysis.

USDCAD failed to break above 1.0232 key resistance and pulled back from 1.0227, however one more rise to re-test 1.0232 is still possible later today, a break above this level will indicate that the downward movement from 1.0672 (Aug 31 high) has completed at 0.9979 already, then the following uptrend could bring price to 1.0600 area. Support is at 1.1000, below this level will indicate that sideways movement is underway, then range trading between 0.9979 and 1.0232 could be seen.

GBPUSD Analysis.

GBPUSD is facing the lower border of the price channel on 4-hour chart. Rebound would more likely be seen before breaking below the channel support. Key support is at 1.5755, as long as this level holds, the fall from 1.6105 is treated as consolidation of uptrend from 1.5296, and another rise to 1.6200 is still possible. However, below 1.5755 will indicate that the rise from 1.5296 has completed at 1.6105 already, then deeper decline could be seen to 1.5400 area.

EURUSD Analysis.

EURUSD remains in uptrend from 1.2587, and the price action from 1.4029 is treated as consolidation of uptrend. As long as 1.3775 key support holds, we’d expect uptrend to resume and another rise to 1.4200-1.4300 area is still possible after consolidation. However, a breakdown below 1.3775 could indicate that the rise from 1.2587 has completed at 1.4152 already, then pullback to 1.3500 area could be seen to follow.

AUDUSD Analysis.

Being supported by the lower boundary of the price channel on 4-hour chart, AUDUSD rebounded from 0.9800, suggesting that a cycle bottom is being formed. Range trading between 0.9800 and 0.9998 would more likely be seen in a couple of days. Resistance is at 0.9998, above this level will indicate that the uptrend from 0.8771 has resumed, then further rise to 1.0100-1.0200 area could be seen.

USDJPY Analysis.

USDJPY stays in a falling price channel on 4-hour chart and remains in downtrend from 85.92. The bounce from 80.88 is treated as consolidation of downtrend, further rally towards the upper border

of the channel would more likely be seen.

Daily Forex Analysis – October 21, 2010

2010-10-23T06:14:00.000-07:00

AUDUSD Analysis.

AUDUSD broke below the lower border of the rising price channel on 4-hour chart and reached as low as 0.9661 level, suggesting that the uptrend from 0.8771 has completed at 0.9998 already. Another fall to 0.9500 area is expected in next several days. Resistance is now at 0.9998, only break above this level could trigger another rise to 1.0100-1.0200 area.

USDCHF Analysis.

USDCHF broke above 0.9727 resistance, suggesting that lengthier consolidation of downtrend from 1.1730 is underway. Another rise to 0.9800-0.9900 area is expected. Support is at 0.9463, only break below this level could trigger another fall to 0.9300 zone.

USDCAD Analysis.

USDCAD broke above 1.0232 key resistance and reached as high as 1.0372, suggesting that the downward move from 1.0672 (Aug 31 high) has completed at 0.9979 already. Now the pair is in uptrend and the fall from 1.0372 is treated as correction of uptrend. Pullback to 1.0130-1.0175 to complete the correction would more likely be seen.

GBPUSD Analysis.

GBPUSD broke below 1.5755 key support and reached as low as 1.5649, suggesting that the uptrend from 1.5296 has completed at 1.6105 already. Now the pair is in downtrend and the bounce from 1.5649 is treated as correction of downtrend. Deeper decline to 1.5400 area is expected after correction.

EURUSD Analysis.

EURUSD broke below 1.3775 key support, suggesting that lengthier consolidation of uptrend is underway. Range trading between 1.3700 and 1.4000 would more likely be seen in a couple of days.

USDJPY Analysis.

USDJPY’s fall from 85.92 extended to as low as 80.84. Resistance is now at 81.91, as long as this level holds, downtrend is expected to continue and another fall towards 79.75 (1995 low) is expected.

Daily Forex Analysis – October 22, 2010

2010-10-23T05:33:00.000-07:00

AUDUSD Analysis. AUDUSD’s uptrend from 0.8771 has completed at 0.9998 already. Range trading between 0.9661 and 0.9890 would more likely be seen later today. Support is at 0.9661, a breakdown below this level could trigger another fall to 0.9500 area. Key resistance is at 0.9998, only break above this level could indicate that the uptrend from 0.8771 has resumed, then further rise to 1.0100-1.0200 could be seen.

USDCHF Analysis.

USDCHF’s downward move from 1.0277 has completed at 0.9463 already. Further rally is still possible later today and next target would be at 0.9800-0.9900 area. Support is now at 0.9570, only break below this level could trigger another fall to 0.9300 zone.

USDCAD Analysis.

Being contained by 1.0378 resistance, USDCAD pulled back from 1.0372, suggesting that a cycle top has been formed on 4-hour chart. Now the fall from 1.0372 is treated as correction of uptrend from 0.9979. Range trading between 1.0130 and 1.0372 is expected in next several days.

GBPUSD Analysis.

GBPUSD broke below the rising price channel on 4-hour chart and the uptrend uptrend from 1.5296 has completed at 1.6105 already. The pair is now in downtrend from 1.6105. Deeper decline to 1.5400 is expected. Resistance is at 1.5880, as long as this level holds, downtrend will continue.

EURUSD Analysis.

After breaking below 1.3775 key support, the price action from 1.4152 is treated as consolidation of longer term uptrend from 1.1876 (Jun 7 low). Range trading between 1.3698 and 1.4050 is expected in a couple of days. Key resistance is at 1.4152, only break above this level could trigger

another rise towards 1.4500.

USDJPY Analysis.

USDJPY stays in a narrow trading range between 80.84 and 81.91. The price action in the range is treated as consolidation of downtrend from 85.92. Another fall towards 79.75 (1995 low) would more likely be seen later today.

OANDA Trading Platform sucks!!

2010-10-21T10:29:00.000-07:00

I joined the broker almost a year now, in the early days it was fine and everything run smoothly on the trading platform. But ever since they upgraded it to the new JAVA, problem started to come. In the first place i didn't mind about it cause i thought it was temporary technical issues.

Now i starting to get sick and tired of the problem because it seems OANDA does not give a damn about it. Nothing has improved and the platform keep on slows down and disconnected till now. So i have decided to withdraw my deposit and looking for other brokers now.

If OANDA ever improve again someday perhaps i am considering to rejoin them, but for now it's just really bad. Two weeks i have not open any trade position because the platform it like freeze off whenever i log into it then disconnected again. It happens every log in sessions.

OANDA need to clean up the mess on its trading platform. Not only me complaining about this issue, just read what others say about it on OANDA forum itself OANDA usability sucks

Auto Forex System Trading-Relax As Well As Earn

2010-08-04T10:50:00.002-07:00

Auto Forex trading has been adopted by many as the easiest and efficient ways of making money in trading business. This helps a lot in currency trading. As more and more people are getting into this business, there have been more ways found out to make it easy for them. Auto forex trading is one of the ways to make forex trading easy for you. In this type of trading, you make use of software. This software works on the basis of making prediction about rise and fall of the currency. In auto forex system trading, the software makes decisions which ensure that you make a lot of profit.

The software that chooses works just like your personal assistant. It does not require you to sit at the desk for all day. It works for you through 24 hours and as soon as profitable opportunity arrives, it grabs it with both hands. Hence there is never a trading opportunity that you miss. Also make sure that the package that you choose is tested in all markets and environments so that it can work best for you. Most of the people which are new in this trade can do auto forex trading and can learn a lot from it.

All you need to do is to search the best software for you by carrying out extensive search. Then just follow the instructions and install it on your PC. You just need to configure it and there you go. It is now ready to do the wonders for you. If you are new in using this, start with investing a small amount of money so that you can learn as the time passes by. When you feel that you are a master, you can then make your goals and aims and start doing auto forex system trading to change your life.

Best Forex System Trading-Go For The Best And Make More Profit

2010-08-04T10:50:00.001-07:00

Forex is basically used as abbreviation for foreign exchange stock market. Forex is the trade of selling and buying of currencies. It is said to be the easiest way to do business even if you are sitting at your home. You can make maximum profit with this business. For getting into this, you need to have good understanding of business, investments, effects of exchange rates and trade.

There are two types of forex system trading, offline forex trading and online forex trading. The best forex system trading comes under online forex system trading. Offline forex system trading is very hectic and time consuming as it requires you to go to the companies to do trading, check trade status and then collecting profits.

Best forex system trading means an effective currency trade in which you earn more profit in less time and efforts. To get success in forex trading, an effective system is needed. It is that trading system which gives you updates about all the changes in the market. Find such a trading system which suits your strategy and style, only then you can make good profit.

There are many trading systems used in trade but the most popular forex system trading is the automated system trading. It is a trade in which you buy a forex system trading software and then you deal and fill it according to your demands and requirements. The system will then tells you the perfect time to buy or sell the currency to gain maximum profit.

There is another method in which you check out and note the statistics and strategies of last few months' forex trade and then calculate the graph of profits verifications using a calculator.

No doubt best forex system trading is the online system trading because it is available with many different features. You can invest your money and trade in your way. You do not need to go to the companies to buy or sell currencies. Everything is done on computer and you just need to input your needs and terms.

Establishment Of Foreign Exchange Market

2010-08-04T10:49:00.004-07:00

Established in 1971 The forex (short for Foreign Exchange) is the Foreign Exchange Market, the market is devoted to various world currencies, including the price varies depending on the economic health of the country or geographical area to which they are attached. This market connects listings distributed by all major banks worldwide, to determine the price of each currency. That's why we call it a market 'interbank'. It is logically open 24 hours over 24 to accommodate different time zones and 7 days on 7, although intermediaries to intervene in these markets, brokers do not allow trading the weekend, including the volatility is too low.

Still reserved for professionals from the investment or business wishing to hedge against fluctuations in currencies of countries in which they had investments there are 10 to 15 years, Forex, which is the largest financial market in the world, s 'has been gradually opened to private and institutional speculators to experience strong growth in this type of investors in recent years. If interested in more and more people because it seems at first sight easier access, less difficult to analyze and more exciting than the stock market that we hear most about in the media.

Specifically, the Foreign exchange market, you exchange one currency against another. So when you come on the market, you do not take a position on a currency but a currency pair. For example, when it is positioned to buy the euro, we just do not buy the euro, but they sell other currencies against the euro. For example, if you buy the Euro-Dollar, it means you are betting on a rise of the Euro against the Dollar, in conversely if you sell this pair. Suppose the euro rises against the dollar, and he may at the same time decrease against another currency like the Swiss Franc for example. It is noteworthy that some correlation can be observed between the different currencies in this regard, we have just made a table explaining this phenomenon in this lesson. This may seem a bit complex at first sight, but you'll get used to it very quickly.

A big advantage, which ultimately is not really a wallet for beginners, is that the Forex allows traders to easily take advantage of a highly leveraged. What is leverage? Well it's a multiplication factor to your capital. Specifically, if you have a starting capital of 1000 euro, your broker or the equivalent of your online broker for the stock market, then the intermediary between you and the markets, to lend you the money you n 'have not, your potential gains are greater. If you take a lever 10 with your capital of 1000 euros, you can enter the market with 10 000. Seen like this, it might seem tempting, but again, there is no easy money in financial markets, and examples of novice traders who thought making a fortune in a few weeks thanks to Forex, and finally emptied their trading account in a few days or few hours are legion. For if this system allows larger gains, it also allows you greater losses, and risk management is critical to achieve positive results over the long term.

The leverage is a double-edged sword that often declare victory two or three days when a beginner starts in Trading Forex, before he settled his account on the fourth day. However, it can be used, provided good look, analyze, manage your risk, your character, and use it to create a money management that meets your criteria and your goals.

Often a question comes from people discovering that market and leverage up to 500: Do I owe money to my broker? Well it depends on your status and your broker, but in most cases, fortunately, the answer is no, because to protect you against having a negative balance, most of the brokers cut Automatically your positions from a certain level, the level of margin (This margin varies from broker, she can go from 0.25% to several%). This allows you to keep a positive balance in it any circumstance. Moreover, even if you're a broker in failing to apply this policy, which is very rare, according to the MiFID categories in which it evolves, individual investors are often protected against negative balances. To have the heart net, do so much to ask the customer service the broker you chose if it implements a policy to protect against negative balances before opening an account.

Example:

I have a capital of 2,000 euros. I buy the dollar against the Euro, with a lever 10, a position of 20 000 euros (converted into dollars, then that here we buy the dollar).

If the dollar is 1%, I would have realized a gain of € 200. To this we must remove the spread or commission charged by the broker each time you enter the market. Spread this varies Brokers, and as pairs, but we shall return later. For the Euro - U.S. dollar, on average between 2 and 3.5 pips Spread, which represents your position 20 000 € between 4 and 7 Euros commission taken by your broker. (This will be the only money received by your broker, the fees are lower than the stock market, another advantage for this market).

If the dollar loses 1%, you realize a loss of € 200 or 10% of your capital minus 4 / 7 EUR Spread representing a net loss of 205 €.

On the web and in books to see all kinds of statistics, such as "90% of traders lose money" (some say 80%, other 95 %...). Personally, I can not tell you if these figures are accurate, because I do not know. However, what I think is that yes, a majority of traders lose money, but it must go further than this initial finding. Indeed, many people will start a little attired charmed by the promises of advertising brokers and other stakeholders in these markets, and some day lose all their capital insider. The most part of them will then curse the Forex and move on, then returning in the statistics of losers, others will persist in a bad way, and continue to lose money, and of others will learn from their failures and persevere. In my humble opinion, most of the traders who earn money today we started losing. I walk it without proof is just a feeling I have and not take for granted.

Finally, many are starting Forex like a casino that will save them a lot and quickly, without having a thorough understanding before completely disillusioned few days later, once their trading account emptied. We must not let themselves become discouraged, but persevere, because you can indeed actually earned money in the long term with the foreign exchange market and other financial markets. In this chapter, I will try to share with you my experience and mistakes.

Advantages of Trading Forex with ACM

2010-08-04T10:49:00.003-07:00

If you're thinking about opening a live forex trading account with ACM, you will benefit from the following conditions:

Spreads as low as 0.9 pip!
No commission whatsoever.
"WYCIWYG" (what you click is what you get). The price you click on is the price you're executed at, in other words, no slippage.
No request for quote (RFQ). Users click on a live streaming price feed, no requotes whatsoever even in fast markets, no timers and no dealer intervention, the only broker in the world offering pure one-click dealing. See execution methodology.
Guaranteed fills on markets orders during open trading hours.
1% margin trading or 100:1 leverage.
4 online trading platforms for maximum flexibility.
No negative balances - limited risk. With ACM your risk is only limited to funds or deposit. Our unique, automatic margin liquidation policy eliminates concerns about debit balances by guaranteeing that you will never owe more than what you have in your account.
The most visited online fx dealer in the world.
Consistent liquidity under all market conditions. ACM works with only the top institutional liquidity providers in the world providing over 70% of worldwide foreign exchange liquidity on our platform.
USD 5'000 standard account opening, USD 50'000 institutional account opening.
49 one click tradable currency pairs.
24/24 hours online currency trading and phone dealing from Sunday to Friday.
Proprietary trading software, not rented or bought, guaranteeing the most competitive pricing and execution to our customers.
Instantaneous execution, no confirmation delays.
Limit, Stop and other complex orders available: In order to manage your risk efficiently, ACM allows you to place stop, limit and other complex orders such as OCO and trailing stops. This capability is essential for traders to implement a genuine trading strategy and thus manage their risk as precisely and efficiently as possible.
No downloading needed on Advanced Web platform and Flash platform, instant access from anywhere, home, office or internet café, no firewall problems.
Fully secure and robust online dealing platform: 128 bit SSL encryption.
Integrated technical analysis & real - time charting tools.
Integrated live news feed - Streaming real time market news.
Integrated real time account management and reporting, margin analysis, P&L, deal confirmation, market analysis & back-office reporting marked to market every second.
Same conditions on demo and live platforms.
ACM regulated by the FINMA.
ACM audited by Ernst & Young.
ACM, ISO 9001 certified by SGS.
ACM, ISO 27001 certified by SGS.
Swiss based therefore no capital gains tax on foreign exchange profits.
USD, EUR, CHF, GBP, JPY, CAD, AUD or SEK denominated accounts.
ACM customers benefit from technical and fundamental fx reports from our affiliates at substantially reduced rates.
Extremely user friendly and fully transparent account statements.
Management ex Swiss bankers & market professionals.
Very rapid and discreet customer service.
More than 200 employees dedicated to providing the best service for customers.
ACM is headquartered in Geneva (Switzerland) and has offices in Dubai (Middle East and Asia), Montevideo (Latam and Spain) and New York.

Forex Automoney - Review & Analysis

2010-08-04T10:49:00.001-07:00

Introduction to the Forex Market FOREX (FOReign EXchange market) is an international foreign exchange market, where money is sold and bought freely. In its present condition FOREX was launched in the 1970s, when free exchange rates were introduced, and only the participants of the market determine the price of one currency against the other proceeding from supply and demand. As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 2 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies. Forex Auto Money Review What is Forex AutoMoney? What is Required to do This? Forex AutoMoney is an automated Forex trading signal service. It completely takes the guesswork out of trading in the Forex markets. There is no technical analysis required on your part to use this service. All you have to do is login to get your buy or sell signal. 1. The first thing you need to trade Forex is a computer (PC or MAC) with an Internet connection. It can even be a computer in an Internet cafe or library - it doesn\'t matter. 2. The second thing is money of course. You must sell or buy other currencies using your money. You can start trading with just ONE DOLLAR! However, you will probably want to start with at least $500. Preferably $2000 if you have the money. You can still start trading with less money than this, but, you will not make very much money. 3. The third, and the last thing that is required is the knowledge of when to buy or sell. There are thousands of manuals about Forex, technical analysis, thousands of methods that tell you how you should trade. But they all make trading very complicated and - let\'s be honest - those systems and manuals give you NOTHING and they just do not work most of the time. What is REALLY SIMPLE are so-called ready to use signals: \"buy now\" or \"sell now\". That\'s what\'s best and that\'s what Forex AutoMoeny does. You don\'t have to think anymore - just buy or sell when the signals tell you to. So let\'s sum it up: * you need access to the Internet (obviously you have it already) * a little money (even ONE DOLLAR to start off, although not recommended) * and the Forex AutoMoney membership. That\'s all you need to make money 100% automatically with Forex AutoMoney. And you can start making money right now. Additionally, it takes only a few minutes per day to do the work. All you have to do is log in, read the signal and click to trade. That\'s all. Sounds too easy right? Well, to some extent..it is. How Does It Work? Forex AutoMoney is a monthly membership based Forex trading signal service that uses an innovative intelligent software which automatically analyzes currencies markets and determines when to buy or sell. It can generate buy and sell signals in 3 time frames: 1. intraday - 6 times a day a buy or sell message is generated 2. daily - signals are generated once a day 3. weekly - using these signals you can trade once a week if that\'s all the time you want to invest Of course you can use all 3 systems - you can trade intraday and daily and weekly! This maximizes your profits. You can divide your money up and trade all three time frames if you choose to do so. Of course signals are generated for all major currency pairs, and using all of them can maximizes your profits. Here is an example based on an actual signal generated from the Forex AutoMoney trading system: Currency Pair: EUR/USD Type of Trade: BUY Time to Enter: 10:00 PM EST Get Profit: 120 Pips Stop Loss: 50 Pips In this trade, a 120 pips profit was recorded. This equals to over $1000 trading 1 standard lot or $100 trading 1 mini lot. It only took a couple minutes to enter the trade. Why Use a Service Like Forex AutoMoney? Forex is an extremely volatile market and it can take a long time to learn how to trade successfully without the right tools. Also, during this learning process it is possible to lose a LOT of money. Technical analysis can be quite complicated and is NOT for everyone. Also, there is a huge emotional factor that can affect your trading. It is very unwise to rely on your \"intuition,\" or \"gut feeling,\" when trading the Forex markets. That is gambling. Professional traders that make money day in and day out in the Forex markets rely on systems that are mechanical and remove any chance of having to rely on \"feelings,\" or \"gut instinct.\" Forex AutoMoney, helps to make your trading a mechanical process. It removes the guesswork. Forex Auto Money Pros & Cons Pros of Forex AutoMoney: 1. Very simple to use. 2. Signals are generated by complex mathematical calculations and algorithms making them more accurate 3. Lots of profits have been generated by many people using these signals 4. Saves you the time and hassle of having to monitor the markets 5. Money Back Guarantee 6. 3 day demo trial for $4.95 Cons: 1. You still have to place your trades yourself. The system does not place the trades for you. 2. The manual on using the trading service could be more detailed. (If you try the service through this site, leave your email address under the comments section and we will send you a brief manual that fills in the gaps. Don\'t worry, your email will not be posted publicly.) If one would like to find out more about this particular service, their site can be visited at: http://www.fxauto.pcti-system.com

Foreign Exchange Trading: Making Money without Too Much Work

2010-08-04T10:48:00.002-07:00

You are probably wondering why every time you go out of the country either for work, business or for leisure purposes, you get to experience various exchange rates, depending on what country you are in, which more often cause your money to become less or bigger in value at a certain point. What you get to experience are only the effects of what is called currency trading or much known as Foreign Exchange or forex trading. Forex trading is an exchange of currencies— buying and selling of currencies— among the countries and is being facilitated in the Foreign Exchange Market. There are various categories of participants playing in the Foreign Echange Market. Among those are the consumers, businesses, speculators, investors, commercial banks, investment banks and central banks of various countries. Since most of the players of the forex trading include giant banks, people tend to have an impression that forex currency trading is only for those who have big capitals like those big-time investors. Additionally, for many, they think that forex trading is merely a means of exchanging currency for you to be able to purchase a good or service from a country with different money. What most people do not realize is that, anyone can greatly make money from forex currency trading. Anyone can participate in the forex Market and perform their trades. Even if you are a person with small capital, you can certainly invest to it. Investing in currency trading or in forex is one of the wisest forms of business to have nowadays. It is like investing using your money to create more money. As a matter of fact, if you go to other countries today like Singapore, a lot of people have been learning the systems in foreign exchange trading so as they can participate in the forex Market, wherein they can invest their money and make money faster than anyone can ever think of. Compare to the other money making investments, forex trading is something that offers a lot of benefits to its investors. It does not merely produce money but it also gives opportunity to its investors to earn profit even while staying at home, doing other stuff or merely taking rest. Through online forex trading, which is now largely done worldwide, investors can certainly earn money even while they are just sitting at home and watching their favorite television program. What they need is just a set of computer or even just a mobile phone and an internet connection then, they can already perform their trade and make money. Unlike other businesses, online currency trading does not require you to be in an office everyday, which causes you to wake up early in the morning; skipping your breakfast sometimes and face traffic everyday because you need to rush to work. Online forex trading works 24 hours everyday, except on Saturdays and Sundays that is why there is no need for you to rush. You can have your trade even after all of your other appointments. You can check out the forex market even before you go to sleep at night. So, why rush on things, if you can be able to make money without hurrying up yourself as if you are in a sprint marathon. These are only few of those many benefits that you can get from forex trading. So why waste your time now? Start making money now with online forex trading and experience earning profit without too much work.

The Forex Trading Basics

2010-08-04T10:48:00.001-07:00

Trading is probably as old as mankind itself. It's been there since man learned that he could trade his extra stone knife and five arrow heads for somebody else's nice warm fur blanket. These days we call it bartering, but it's the same process. And these days we've gotten more sophisticated with our trading. Now we use something called money to stand in for the blankets and the knives, but we're still trading our ability to work and produce something useful in exchange for somebody else's goods that we want. But now, trading is not only about goods or services, it has grown into something much more than that. Now we're trading one region's money for another region's money because we've learned that their relative values can vary, sometimes significantly. The first enterprising souls to notice this were the world's first currency traders, taking their profits from the buying and selling of actual banknotes and coins. But today the whole process has been formalized into what we call the Foreign Exchange (or Forex) market. And it has attracted a lot of action. Up to $3 trillion a day worth of action, in fact. Forex trading simply involves the buying and/or selling of different foreign currencies in the global market. Many investors today don't consider it enough to have a portfolio stuffed only with bonds, mutual funds and stocks. One of the strongest appeals of the Forex market is its 24-hour open door. On the world clock, a trading day starts in Sydney, Australia and steps from time zone to time zone around the world until it reaches New York city, the last market to open each day. And it does this five days a week, closing only on the weekend. Almost every country has its own currency, but on the Forex market, it's mostly the so-called "major" currencies that are traded. These currencies are highly regarded because their issuing countries are politically and economically more stable than most other currencies (most of the time). The major currencies that are traded in the FX market are the Euro, the British Pound, the Japanese Yen and the Swiss Franc, as well as the dollars of Canada, Australia and the USA. Most people, when they first learn of Forex trading, find it all a bit strange. Typically, money is used to buy goods and services, not other types of money. However, it's not really all that hard to understand. Just think of traveling to another country. Once you arrive, you go to a currency exchange or a bank and trade your dollars or Euros to buy ringits or yen. Then when you return home, you do the same in reverse. Sometimes the value has changed between the two exchanges, and you make a small profit or lose a bit. Well, that's exactly what a Forex trader does, but he does it much more often, and usually with much larger sums of money. Also, he's not doing it because of travel but because he believes he foresees a coming shift in the exchange rate. In other words, he sees an opportunity to make a profit and seizes it. If he knows what he's doing, the profits can be both big and consistent. So how do you get into the Forex market? It's surprisingly easy to enter, although it's not quite as easy to rack up steady profits. You'll need a computer and fast Internet connection. You'll also need seed money to cover your first trades. Minimum deposit requirements vary, but considering the opportunities available, even the higher entry fees are surprisingly low. You can choose from among many software programs available for logging in to your account and placing your trades. The software also allows you to receive alerts on market conditions, rates, and other important information. The more sophisticated software can recommend when to buy or sell. Forex trading can be an exciting way to make money, but when done in the wrong way, it can get very expensive. Learning what you're doing before you start trading is crucial. Do your research and your due diligence. Learn what the business is about. Set up a dummy account with a broker and do lots of paper trades so that you fully understand the entire process. Stay with this long enough to become comfortable. In addition, read comments and advice from other traders... many other traders. It's important to have a strong grasp of the strategies you'll need day-in and day-out. This is a business, and it's important that you treat it with the respect that a sophisticated, highly profitable business deserves. This mindset of professionalism and responsibility are fundamental to any success you expect to build. Without such a mindset, you're nothing but another gambler and you'll lose more than you win. Forex trading is more risky than stocks and bonds. But it also holds out the promise of much higher returns. Lightning can strike within seconds or minutes sometimes. Don't ever forget, ordinary mortals can take part in Forex trading. Just because 98% of all trading is done by huge financial institutions and multinationals, don’t think there won't be any "left-overs" for you. People from all walks of life are involved in that other 2% of Forex trading. Consider - just 2% of Forex's daily $3 trillion volume leaves some very large chunks of opportunity up for grabs. When you go looking for a system or strategy to guide your trades, don't just seize the first one you find. Do your homework. Take advantage of free trial versions of software. Look for customer testimonials. And after carefully considering all the factors involved, you can choose a system for your trading. Another important factor - check out the brokers and choose one who can effectively help you devise a trading strategy that fits your goals and your personality. If you truly want to make it big in the Forex market, use all available resources to learn your new business well. The average newcomer to Forex trading is impatient and wants to go straight to the "good stuff." Their impatience assures they'll never get to the good stuff and instead suffer mainly losses and disappointment. Be determined. Be disciplined. Take the long-term view always. This will instantly set you apart from the losers. Once you have a good, solid knowledge of Forex trading basics, coupled with a well-tested strategy, you have a much better than average chance of making consistent profits in currency trading. After all, isn't that exactly what you're aiming for?

FOREX Is The Number One Exchange In The World

2010-08-04T10:47:00.004-07:00

The Foreign Exchange market (Forex) is truly the largest exchange in the world. The amount of dollars traded on the Forex market on a daily basis is in the trillions. Most of this currency trading takes place between between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. However, individual traders are starting to get in the mix, using internet discount brokers such as Etrade to participate in the currency exchange market. There is no central exchange or meeting place for the Forex. All trading is done over computer networks between traders in different parts of the world. Also, unlike the stock market, the foreign exchange market is open 24 hours per day, because it is a global market. A trader in Hong Kong may be exchanging currency with a trader in Australia while an American trader is sleeping. There are several different markets within the Forex exchange system. First, there is the spot market. The spot market deals with trades that are based on the current values of currencies. One person trades a certain amount of currency with another trader in exchange for an equivalent amount of a different foreign currency. Spot trades take two days for settlement. The other two types of foreign exchange markets are the forward and futures markets. In the forward market, the buyer and seller agree on an exchange rate and a transaction date is set for a specific time in the future, at which point the trade is executed regardless of what the rates are at that time. On the futures market, futures contracts are bought and sold based upon a standard contract size and maturity date. Futures trades take place on public commodities markets. A currency quote is listed differently from a stock quote. Stocks are quoted in terms of price per share. Currency exchange prices are listed as either a direct quote or an indirect quote. A direct quote uses the domestic currency as the base and the foreign currency as the quote. An indirect quote works the exact opposite way. So, if you were to view a quote in an American newspaper that said USD/JPY = 75, that would be a direct quote and would mean that $1 of U.S. currency is equal to 75 Japanese yen. If that same quote appeared in that same American newspaper and was listed as JPY/USD = 0.013, that would be an example of an indirect quote. As with stock prices, currency exchange prices have a bid and ask spread. The current bid is the amount of foreign currency that someone is willing to spend in order to buy $1 U.S. base currency. The ask is the amount of foreign currency that someone is demanding in order to be willing to sell $1 U.S. base currency. The Forex markets are generally considered to be less volatile than then stock market because within the course of a trading day, it is highly unlikely for the value of a single currency to move all that much. With equities, it is not uncommon for a trader to buy a stock, and then a negative press release causes the stock to lose considerable value within a day or even a couple of hours. Sometimes, however, the Forex can be volatile. If there is a significant economic or political development with a certain country, the currency of that country can lose value quickly. There is a higher degree of liquidity on the currency exchange then there is on the stock exchange because the currency exchange is open 24 hours per day and because the very nature of currency exchange is to bet on when certain currencies will go up or down; so, it is easy to sell your position in a certain currency even when the value of that money is going down. A plummeting stock is more difficult to unload, but not impossible. If you want to begin currency tranding, try to set aside some money and open an account with an online broker. Start slowly, then as you get the hang of it, work your way up to larger trades and higher volume. However, do not gamble your nest egg on currency trading because inexperienced traders can lose everything they have rather quickly in spite of the relative safety of the Forex market.

The Most Crucial Forex Foreign Currency Exchange

2010-08-04T10:47:00.003-07:00

If the headline has caught your attention and you have begun to read this article, it means you know something about Forex, also sometimes referred to as Foreign Currency Exchange. Foreign Currency Exchange trading is a non-stock exchange market that has no physical location. Since Forex trading does not depend on physical location, it operates across the world, non-stop, round the clock, but during weekends. Foreign currency exchange or forex trading covers markets of most countries with general platforms for exchange operations in London, Tokyo and New York. I am sure you are thinking, "I already know all this! Where is the Foreign Currency Exchange Crucial Tip?" Returning to the core issue - those of you who consider the profession of Forex trader as prestigious, romantic, and analytical, throwing some light on Forex facts was something I considered appropriate at this stage. Secondly, for those who think trading in Foreign Currency Exchange is about making easy and crazy money from the comforts of your holiday home in the Caribbean, I am taking a tiny detour (again!) to tell you that if Forex trading was that simple most other professions would be extinct by now. If you know how to read between the lines, a million dollar tip is hidden right there! Some of you might know people who consider it a dull profession. While some of you may know individuals who are absolutely and passionately in love with Foreign Currency Exchange trading not only for the kind of money it makes for them, but also for the challenges it exposes them to! The truth lies in the middle. Forex is about all the above - passion, strategy, analytics, not to forget the luck factor! The most important of the Foreign Currency Exchange tips is: do not start doing forex out of fun or to test your luck. To succeed at Foreign Currency Exchange Trading you will need to be skilled and smart, you will need to work hard, you will have to learn to face and deal with challenges and risks. Here is another tip - Once you decide to trade forex, it is crucial to choose a reliable Foreign Currency Exchange trading company. They will help you to minimize risks. Learn as much about the forex, currencies, and markets as you can. Luck constitutes merely 1% to your success. Lastly, don't give up! There will be losses, surely. But without losses where is the scope for revenue? Our parents were not wrong when they instilled the No pain - No Gain lesson in us. Believe in the fact that only practice can bring you one step closer to success. So that is that. I promised you one tip and have ended up sharing far too many. I sincerely hope they help you to enjoy forex trading and finally build wealth for yourself.

Forex trading, make substantial money through currency exchange

2010-08-04T10:47:00.001-07:00

The Forex or foreign exchange market includes the sale and purchase of currency against purchase and sale of another. The main motto of Forex trading is exchanging different currencies with the intention that the price as well as value of the currency will increase as compared to the currency that you sold. Through Forex trading course it is probable to guess the exact market direction and acquire a considerable return over your investment. The prime participants in Forex trading include investment and commercial banks along with the central banks. Several other participants incorporate hedge funds, corporations plus loads of speculations traders. In order to generate money and profit in this realm, you will compete against the main banks and even the individual traders. Forex primarily includes Forex spot market and currency upcoming market. Now, nearly all small investors take keen interest in foreign exchange sport market. While getting indulged in Forex trading, it is vital to pick a reputable and recognized broker, as the broker will pay you cash. The broker acts as the intermediary in between Forex and you. When you trade in Forex, your position is occupied with the broker, wherein the brokers send orders off to the financial institution. When the times come to be paid, your amount remains with the trader and they require covering your positions within the market. Majority of the brokers give a 3-5 pip spread, mainly means that foreign exchange should move 3-5 pips prior to your trade is within profit. A single pip can be of any value, as per the total amount you are interested to put at risk on every trade. There are basically, two kinds of traders, including technical and fundamentalist traders. Many traders discern the reason of the market movement, while the technicians review the overall effect. Among the two many traders classify themselves as fundamentalist as well as technician. Majority of the fundamentalist will posses the knowledge about the indicators, charts along with the chart analysis. Likewise, the technicians are familiar with the fundamentals. But, the issues is that the fundamentals and charts are generally in conflict each other. Often, it is a nice decision to take a little training in both the technical analysis as well as fundamentals. The most essential factor in Forex trading, including day trading and swing trading is to learn to how to properly manage your amount. The traders indulged in Foreign exchange market experience losses, thus, it is extremely essential foe the trader to use adequate money management. sometimes, money management is a very simple concept, still practicing it can be a bit challenging. Generally, money management is getting familiar with the situations when you require cutting the losses. For every trade, the trader must be seeking to generate double amount they graph to lose. For successful Forex trading and for making maximum profit the best method is to look online. What makes Internet a nice place to access is the actuality of being acquainted with the proper methods of selling, trading and making money in Forex. Also, you will get to know the best strategies and how to succeed in Forex.

Forex trading margins

2010-08-04T10:46:00.004-07:00

A margin deposit is not, as many traditional traders suggest, the payment in cash for purchasing market shares. A margin is in fact a guarantee or a trust deposit, providing protection from losses during a deal? It allows traders to open positions on amounts that greatly exceed their account limits and so increase their buying power. ACM offers a 1% margin (or 1:100 leverage), which means you can control 100 times your deposit in the real market.
If the funds in the account, in the course of trading, fall below the prescribed margin, your positions will be closed automatically without prior notice. Using this system, the client’s account cannot go overdrawn even under volatile, fast-changing market conditions.
The formula for calculating margins is as follows: (account balance + profit/loss) : open position = the margin

FOREX Is The Number One Exchange In The World

2010-08-04T10:46:00.003-07:00

The Most Crucial Forex Foreign Currency Exchange

2010-08-04T10:46:00.001-07:00

Forex trading, make substantial money through currency exchange

2010-08-04T10:45:00.001-07:00

Forex trading margins

2010-08-04T10:44:00.002-07:00

What is the Forex technical analysis?

2010-08-04T10:44:00.001-07:00

The forex technical analysis is concerned with what has actually happened in the forex market, rather than what should happen.
A technical analyst will study the price and volume movements and from that data create charts (derived from the actions of the market players) to use as his primary tool. The technical analyst is not much concerned with any of the “bigger picture” factors affecting the market, as is the fundamental analyst, but concentrates on the activity of that instrument’s market.

Technical analysis is based on three underlying principles:

1. Market action discounts everything
This means that the actual price is a reflection of everything that is known to the market that could affect it, for example, supply and demand, political factors and market sentiment. The pure technical analyst is only concerned with price movements, not with the reasons for any changes.

2. Prices move in trends
Technical analysis is used to identify patterns of market behaviour which have long been recognised as significant. For many given patterns there is a high probability that they will produce the expected results. Also there are recognised patterns which repeat themselves on a consistent basis.

3. History repeats itself
Chart patterns have been recognised and categorised for over 100 years and the manner in which many patterns are repeated leads to the conclusion that human psychology changes little with time.

List of categories of the technical analysis theory:

* Indicators (Oscillators, eg: Relative Strength Index RSI)
* Number theory (Fibonacci numbers, Gann numbers)
* Waves (Elliott wave theory)
* Gaps (High-Low, Open-Closing)
* Trends (Following Moving Average)
* Chart formations (Triangles, Head & Shoulders, Channels)