Today's action was spurred by news reports that troubled US bank Citigroup was in ongoing negotiations with the US Government where the government could take as much as a 40% stake in the company. The move was seen as positive for equities, and as the US stock futures soared, the Dollar continued with its losses from Friday, and the moves were severe. The EUR/USD was hovering near its session lows of 1.2778 when the news crossed the wires and subsequently skyrocketed to over 1.2945 as traders digested the news. The lack of liquidity helped to exacerbate the move as stops were triggered the whole ride up. It would seem that risk appetite has evidently made a comeback in the markets to start the week. USD/JPY saw similar moves, as the pair slid from highs near 93.64 and touched bottom near 92.76. Although closer to 92.90 entering London, the pair still looked soft.
The Yen's status as a ''safe-haven'' have been crushed as of late simply due to the poor state of the Japanese economy as well as the poor showing of the elected government there.
EUR/JPY made a healthy move North, hitting over the 120.45 level after slumming around the 119.00 figure earlier.
The Pound continued to defy odds, as it got within reach of 1.4550, not a bad feat considering it was at 1.4151 on Friday. Other impressive moves could be seen in the USD/CAD and USD/CHF pairs, as the Loonie dropped from 1.2554 to just near 1.2435, and USD/CHF since Friday, dropped from 1.1876 to under 1.1500 today. These are huge moves no matter how you look at it. Moves will continue to be sparked by news, so be prepared for fireworks early and often this week as Tuesday President Obama will speak in primetime.
Monday, February 23, 2009
Forex Reviews.
Foreign exchange currency trading is a risky business with much to lose and much to gain. As a professional forex broker and personal trader, I have realized the fast profits this market can reap, while witnessing the dog-eat-dog nature of the beast, in which buyers lose their shirts every minute.
Whether you are a forex trader or just curious about forex currency trading, you owe it to yourself to separate the wheat from the chafe. The Internet is awash in foreign exchange currency trading websites whose sole existences are dependent upon ignorant forex investors. From get-rich-quick forex software schemes to free forex training, forex educational seminars, free forex signals, forex forums, and more, the fraudulence that surrounds the fx trading market is frightening.
Forex trading is very different from the U.S. stock market. The major differences include:
* Forex has no central exchange * Forex trading can be done around the clock * Forex has no overseeing regulatory commission, such as the SEC
The forex market is a wild, open arena without rules, laws, or a governing body. No one cares if your money is taken. No one will lose any sleep if you’ve been lied to. There are no repercussions if you’re treated unfairly. Investors trade at their own risk and have no legal recourse to enforce justice. I know. I’ve been there. The scammers have burned me more than once. In an attempt to further my own knowledge, I fell for the magical software sales pitches and followed the crooked paths to the stolen treasures, only to be let down ad nauseam.
I served my time as a forex broker, which was an eye-opening experience. I heard and saw the manipulation of client profits that was business as usual. It quickly shifted my interest in trading and brokering forex to that of protecting forex traders. I redirected my efforts from studying daily forex signals to researching forex websites. I was determined to devise a resource on which forex investors could rely for honest, fair information exchange. Know the Scammers
The best advice I can give is don’t trust anyone whose reputation you cannot validate and whose association is not legitimately tied to the actual forex market. This is especially important when selecting your forex broker.
The allure of trading forex can be overwhelming. It attracts many eager fx traders willing to gamble away their life’s earnings. Unscrupulous forex brokers, signal providers, fx educators, software peddlers, and forex frauds are waiting, with baited breath, to take your money and turn it into a profit for themselves – all at your expense!
The good news is that many forex professionals are honest and reliable, capable of assisting the most inexperienced fx trader succeed. Following forex signals and making profitable currency trades happens 24-hours a day, all around the world. The philosophy behind Forex Justice is to even out the playing field so everyone has a fair chance at winning.Straight Shooting, Unedited Forex Reviews
Many Forex review websites are thinly veiled as informative, unbiased forex opinion forums. In actuality, they’re doing little more than championing their own causes. These supposedly neutral pages give the broker, forex trader, and interested parties a skewed view of reality.
Alternatively, Forex Justice is a revolutionary idea in forex trading. An open, two-way patented forex exchange system, reviews are considered from both the broker’s perspective and the trader’s. This unconventional method of publishing truthful forex stories to the investor and anyone else interested in forex has proven beneficial in reducing the number of forex scam websites and helped traders establish ethical business relationships.
This valuable tool, Forex Justice, doesn’t allow peer bashing yet encourages honest communication. Content is always reviewed but never edited so you get straight facts from real experiences. Learn about the way forex trades are conducted and quickly size up the scam artists. The more reviews we receive, the clearer the picture will become. How the Two-Way Forum Works
Participants, including forex traders and others who have valuable information to contribute, submit reviews for consideration. Once approved, reviews are posted almost immediately. Vendors and professionals reply with comments in the aggregate to the reviews, addressing specific points or with general answers. The communication is limited to one reply per vendor or professional with a limitation on length. This encourages a fair, open forum, without back-and-forth bickering and unnecessary criticism.
Sign-up now and join the Forex Justice Forum. Only with the help of real-life forex scenarios and two-way communication, can we turn forex trading into an ethical, trustworthy investment option.
Whether you are a forex trader or just curious about forex currency trading, you owe it to yourself to separate the wheat from the chafe. The Internet is awash in foreign exchange currency trading websites whose sole existences are dependent upon ignorant forex investors. From get-rich-quick forex software schemes to free forex training, forex educational seminars, free forex signals, forex forums, and more, the fraudulence that surrounds the fx trading market is frightening.
Forex trading is very different from the U.S. stock market. The major differences include:
* Forex has no central exchange * Forex trading can be done around the clock * Forex has no overseeing regulatory commission, such as the SEC
The forex market is a wild, open arena without rules, laws, or a governing body. No one cares if your money is taken. No one will lose any sleep if you’ve been lied to. There are no repercussions if you’re treated unfairly. Investors trade at their own risk and have no legal recourse to enforce justice. I know. I’ve been there. The scammers have burned me more than once. In an attempt to further my own knowledge, I fell for the magical software sales pitches and followed the crooked paths to the stolen treasures, only to be let down ad nauseam.
I served my time as a forex broker, which was an eye-opening experience. I heard and saw the manipulation of client profits that was business as usual. It quickly shifted my interest in trading and brokering forex to that of protecting forex traders. I redirected my efforts from studying daily forex signals to researching forex websites. I was determined to devise a resource on which forex investors could rely for honest, fair information exchange. Know the Scammers
The best advice I can give is don’t trust anyone whose reputation you cannot validate and whose association is not legitimately tied to the actual forex market. This is especially important when selecting your forex broker.
The allure of trading forex can be overwhelming. It attracts many eager fx traders willing to gamble away their life’s earnings. Unscrupulous forex brokers, signal providers, fx educators, software peddlers, and forex frauds are waiting, with baited breath, to take your money and turn it into a profit for themselves – all at your expense!
The good news is that many forex professionals are honest and reliable, capable of assisting the most inexperienced fx trader succeed. Following forex signals and making profitable currency trades happens 24-hours a day, all around the world. The philosophy behind Forex Justice is to even out the playing field so everyone has a fair chance at winning.Straight Shooting, Unedited Forex Reviews
Many Forex review websites are thinly veiled as informative, unbiased forex opinion forums. In actuality, they’re doing little more than championing their own causes. These supposedly neutral pages give the broker, forex trader, and interested parties a skewed view of reality.
Alternatively, Forex Justice is a revolutionary idea in forex trading. An open, two-way patented forex exchange system, reviews are considered from both the broker’s perspective and the trader’s. This unconventional method of publishing truthful forex stories to the investor and anyone else interested in forex has proven beneficial in reducing the number of forex scam websites and helped traders establish ethical business relationships.
This valuable tool, Forex Justice, doesn’t allow peer bashing yet encourages honest communication. Content is always reviewed but never edited so you get straight facts from real experiences. Learn about the way forex trades are conducted and quickly size up the scam artists. The more reviews we receive, the clearer the picture will become. How the Two-Way Forum Works
Participants, including forex traders and others who have valuable information to contribute, submit reviews for consideration. Once approved, reviews are posted almost immediately. Vendors and professionals reply with comments in the aggregate to the reviews, addressing specific points or with general answers. The communication is limited to one reply per vendor or professional with a limitation on length. This encourages a fair, open forum, without back-and-forth bickering and unnecessary criticism.
Sign-up now and join the Forex Justice Forum. Only with the help of real-life forex scenarios and two-way communication, can we turn forex trading into an ethical, trustworthy investment option.
Forex Trading Investment.
The forex market can be somewhat confusing at times. Our forex platform offers you the opportunity to view your currency trades in a simplified visual manner, minimizing confusion.
eToroUSA’s state of the art technology is designed to facilitate your currency trading needs. From interactive and user friendly forex trading tools to daily forex investment updates, this flexible and accommodating platform enables traders to participate in international forex exchange.
eToroUSA is pleased to bring you:
eToroUSA’s state of the art technology is designed to facilitate your currency trading needs. From interactive and user friendly forex trading tools to daily forex investment updates, this flexible and accommodating platform enables traders to participate in international forex exchange.
eToroUSA is pleased to bring you:
forex trading exchange
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
forex exchange and trading
FXPC Toro
Toro utilizes proprietary quantitative and technical analysis that finds fair value through asset pricing models using advanced statistical and financial modeling concepts with moderate leverage (typically between 1:1 and 5:1) to minimize return volatility.
Deposits: At anytime. Minimum deposit of $5,000.
Withdrawals: Typically withdrawals are processed within 3 business days.
Fee Structure: No management fee is assessed. A performance fee equal to 30% of Trading Profits (Realized + Unrealized P/L) is assessed on a monthly basis. No performance fees will be payable to FX Pip Capital LLC until the Customer's Account achieves a new high water mark.
How It Works
GAIN (Forex.com is a division of GAIN Capital Group LLC) will establish an Individual Account for each new client. Gain will provide you with online access to your account, whereby you may monitor unrealized and realized profits & losses and account balance, and generate a monthly account statement.
Gain Capital Group, LLC acts as the clearing agent and counterparty to customers margined forex transactions; Customer is introduced & managed by FX Pip Capital LLC. Gain Capital is a registered Futures Commission Merchant (FCM), regulated by the Commodity Futures Trading Commission (CFTC), and a member of the National Futures Association (NFA).
Your funds will be posted to your individual sub account. Once all current positions on the existing managed accounts are closed, your funds will be transferred to the Master Account where FX Pip Capital LLC will begin to trade your money. Only FX Pip Capital LLC will have access to trade monies you deposit.
Open an Account / Request More Info
To open a Managed Account please click on the following links and submit application as well as Power of Attorney. (Notice: When you sign up select standard account and you must list FX Pip Capital LLC as your Authorized Trader)
Online Application
https://secure.efxnow.com/NewOLS_FRXC_EN/applyforex.aspx?BC=FRXC&IBC=FPIP&SIBC=FPIP
Power of Attorneyhttp://www.efxnow.com/fpip/attorney_fx.pdf
For more questions please email Jennifer at toro@fxpipcapital.com
Restricted Countries
At this time, regulatory issues prevent FOREX.com from opening accounts with retail customers who reside in British Columbia and United Kingdom (England, Scotland, Northern Ireland, Wales). U.S. governmental restrictions prohibit us from opening accounts with residents of Afghanistan, Belarus, Burma (Myanmar), Cote d’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Former Liberian Regime of Charles Taylor, Iran, Iraq, Libya, Nigeria, North Korea, Sudan, Syria, Unita (Angola), Western Balkans, and Zimbabwe.
DISCLAIMER
Past performance is not necessarily indicative of future results and individual returns may vary amongst participants. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. All performance figures assume the reinvestment of realized gains and capital gains. There is considerable exposure to risk in any foreign exchange transaction, including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. This is not a solicitation to invest. Please consult your investment advisor and read all risk warnings before committing funds.
Toro utilizes proprietary quantitative and technical analysis that finds fair value through asset pricing models using advanced statistical and financial modeling concepts with moderate leverage (typically between 1:1 and 5:1) to minimize return volatility.
Deposits: At anytime. Minimum deposit of $5,000.
Withdrawals: Typically withdrawals are processed within 3 business days.
Fee Structure: No management fee is assessed. A performance fee equal to 30% of Trading Profits (Realized + Unrealized P/L) is assessed on a monthly basis. No performance fees will be payable to FX Pip Capital LLC until the Customer's Account achieves a new high water mark.
How It Works
GAIN (Forex.com is a division of GAIN Capital Group LLC) will establish an Individual Account for each new client. Gain will provide you with online access to your account, whereby you may monitor unrealized and realized profits & losses and account balance, and generate a monthly account statement.
Gain Capital Group, LLC acts as the clearing agent and counterparty to customers margined forex transactions; Customer is introduced & managed by FX Pip Capital LLC. Gain Capital is a registered Futures Commission Merchant (FCM), regulated by the Commodity Futures Trading Commission (CFTC), and a member of the National Futures Association (NFA).
Your funds will be posted to your individual sub account. Once all current positions on the existing managed accounts are closed, your funds will be transferred to the Master Account where FX Pip Capital LLC will begin to trade your money. Only FX Pip Capital LLC will have access to trade monies you deposit.
Open an Account / Request More Info
To open a Managed Account please click on the following links and submit application as well as Power of Attorney. (Notice: When you sign up select standard account and you must list FX Pip Capital LLC as your Authorized Trader)
Online Application
https://secure.efxnow.com/NewOLS_FRXC_EN/applyforex.aspx?BC=FRXC&IBC=FPIP&SIBC=FPIP
Power of Attorneyhttp://www.efxnow.com/fpip/attorney_fx.pdf
For more questions please email Jennifer at toro@fxpipcapital.com
Restricted Countries
At this time, regulatory issues prevent FOREX.com from opening accounts with retail customers who reside in British Columbia and United Kingdom (England, Scotland, Northern Ireland, Wales). U.S. governmental restrictions prohibit us from opening accounts with residents of Afghanistan, Belarus, Burma (Myanmar), Cote d’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Former Liberian Regime of Charles Taylor, Iran, Iraq, Libya, Nigeria, North Korea, Sudan, Syria, Unita (Angola), Western Balkans, and Zimbabwe.
DISCLAIMER
Past performance is not necessarily indicative of future results and individual returns may vary amongst participants. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. All performance figures assume the reinvestment of realized gains and capital gains. There is considerable exposure to risk in any foreign exchange transaction, including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. This is not a solicitation to invest. Please consult your investment advisor and read all risk warnings before committing funds.
Foreign exchange market
The foreign exchange market (Currency, Forex, or FX) market is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. [1]FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.
Today, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]
The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.
Today, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]
The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.
Foreign exchange market
The foreign exchange market (Currency, Forex, or FX) market is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. [1]FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.
Today, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]
The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.
Today, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]
The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.
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