Economic Indicators

What are Economic Indicators?

Economic indicators are snippets of financial and economic data published regularly by governmental agencies and the private sector. These statistics help market observers monitor the economy's pulse - so it's no surprise that they're religiously followed by almost everyone in the financial markets.
With so many people poised to react to the same information, economic indicators have tremendous potential to generate volume and to move prices. It might seem like you need an advanced economics degree to parse all this data accurately - but in fact traders need only keep a few simple guidelines in mind to making trading decisions based on this data.

How to Win in Trading Business in the Forex?!

The Whole Point Of Trading

Why do we trade? Money. Let's keep that is the front of our minds. Traders get carried away with all the fun fancy stuff they can do. They get carried away with the thrill. They get carried away with the analysis, but trading is all about making more money.

Your Focus

That's the whole point of this website. It's to show you how to win more. Why did you start trading in the first place (or if you're not trading yet, why did you originally think about it)? It was the financial reward. Okay, so together let's take a journey down the path of becoming better traders.

Really quickly, I just want to give you an overview of the three most important things that are forgotten by many traders (dooming them to become losing traders).

- How to use technology to make your trading easier and more efficient

- Learn how to confidently spot the highest probability trades

- Learn the Secrets of disciplined trading the key to being successful

- Find out how to develop, test, and build a trading plan that fits your personality

- Explore technical analysis and discover how to use charts with greater accuracy

- Find out how back testing, optimization, and evaluation can help you improve

The book is packed with of examples, downloadable code, and worksheets and everything in the book is simply designed to help you set up and run a trading business, make it successful and keep it that way.

We all know that trading can be learned by anyone but 95% of traders lose. In most instances it’s because they don’t have a plan and the discipline to follow it and that where this book can help and for under $50.00 it could be the best money you ever spent.

Acquire best price from forex

The forex market is presently the largest and the most lucrative market in the world. The market allows the trading of currencies between different countries. Big corporations, financial organizations, speculators and individuals are the key players in the market. Every day volumes comprises of commercial and government currency conversion along with the trading and speculation.

Foreign exchange trading provides wonderful investment opportunities for all kinds of investors. The main benefits of trading in the future exchange market is that it allows for 24/7 trading, higher liquidity, low trading costs, availability of margin trade opportunities and the convenience to start and end trading at any point of time.
Forex is usually traded on spot, which means that trades are finalised at spot rate and completed within 2 business days. Although, rollovers may occur sometimes where positions remains open and rolls over to the next day and is settled at next day’s price quote. The price quotes for two currencies are identified as the asking or offer price. The offer price is reflected on your right and the offer is on the left.

Forex rates helps in determining whether a country is flourishing or not. Foreign currency exchange markets can be difficult to understand if you are a novice to the entire concept. But if you search hard enough, you can find good information on the internet that can give you the explanation of this complex subject. Foreign exchange rates build up with the trade between two countries. If imports are cheaper, then their currency rates would be higher, but if the import cost is higher, then currency would be lower.

You can find a large amount of information on the internet to understand the concept of foreign exchange better. All you need to do is to look for a renowned and reputed service provider that offers best price quotes for your future trading and foreign exchange services.

The Spot Market; Step by step

1. Introduction

The spot market accounts for nearly a third of global foreign exchange turnover. It can be broadly divided into two tiers:

• The interbank market where currency is bought and sold for delivery and settlement within two days, with the banks acting as " wholesalers" or "market makers".
  
• The retail market made up of private traders, who deal over the telephone or the internet through intermediaries (brokers).

The forex market has no centralised exchanges. All trades are over-the-counter deals, agreed and settled by individual counterparties known to one another. The forex market is truly global and operates 24 hours a day, Monday to Friday. Daily trading commences in Wellington, New Zealand and follows the sun to (inter alia) Sydney, Tokyo, Hong Kong, Singapore, Bahrain, Frankfurt, Geneva, Zurich, Paris, London, New York, Chicago and Los Angeles before starting again.

History of the Forex Market courtesy

The Foreign Exchange market, also referred to as the "Forex" or "FX" market is the largest financial market in the world, with a daily average turnover of well over US$1 trillion -- 30 times larger than the combined volume of all U.S. equity markets.

"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).

There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit, or speculation.

Welcome to my blog regarding Zulutrade!

Welcome to my blog regarding Zulutrade!

Zulutrade is a fascinating on-line economy that makes it easy to trade foreign exchange, without having to do to the trading yourself. Instead, you pick amongst Zulutrade's 100's of experienced Forex traders, and they do the trading for you. Best of all, its totally free to the investor and there are no maintenance, performance or other fees of any kind.

Imagine for a second the Zulutrade dream - people all over the world working hard to stuff money into your pocket while you go on with your life!

Well it sounds amazing, and it is. But of course, there are always "gotchas", things they didn't tell you ahead of time that you would only know having gone through it yourself. We'll i've been through it and this blog is dedicated to making it easier for you to be successful with Zulutrade. I'll tell you the low down and share my latest provider picks.

That's enough for now - may the pips be with you!

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