The Forex Profiteer

2007-09-01T21:35:00.000+01:00

I'm back!After a long beak I've decided to start up my blog again, but this time with a difference. I'm trading full-time nowadays and let me tell you it can be a bit of a lonely affair. So to relieve the boredom (never thought I say that about making money!) I've decided I'll make regular postings about what I'm up to.I intend to make live calls and make a record of my positions. You'll be able

Start Making Serious Money In The Forex Market This Year

2006-08-29T18:18:00.000+01:00

by John AnghelacheThe forex market is the largest in the world. About $1.5 Trillion dollars flow through it daily. Finally, the forex is open to all of us. For decades only banks, investment firms and super-wealthy individuals had access to the forex.Making money in the forex is a matter of having accurate information and using it properly. But where do you turn to if you're new to currency

Forex Charts Explained !

2006-08-29T18:08:00.000+01:00

The forex charts that you’ll be using for your trading, depending on the forex system that you’re using, may be either line charts, OHLC charts, and probably most commonly, Japanese candlestick charts. Remember that any currency pair is always quoted in the same order. For example, the USDCHF is always quoted as the USDCHF, with the USD being the

Daily Forex Outlook - Tues 29th Aug 06

2006-08-29T18:07:00.000+01:00

U.S. Dollar Trading edged slightly lower against the majors Tue, 29 Aug 2006 02:47:33 GMTby Easy Forex Team CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) edged slightly lower against the majors in the overnight forex session as the market awaits the FOMC minutes from the August 8th meeting to better gauge the interest rate policy going forward. In other markets,

Daily Forex Tips

2006-08-24T08:22:00.000+01:00

EUR/USD EUR/USD Current spot rate: 1.2778, Pivot: 1.2804Today trading range: 1.2700 - 1.2845Resistance: 1.2795 , 1.2845 , 1.2900Support: 1.2760 , 1.2735 , 1.2700Advice: There are news from EU and US today, but we expect bearish movements to continue this week, so maybe we'll see break of 1.2760. We sell at current price 1.2778 with 1.2700 target and stop above 1.2815. Good

Daily Forex Outlook - Thur 24th 06

2006-08-24T08:15:00.000+01:00

U.S. Dollar Trading strengthened slightly against the majors Thu, 24 Aug 2006 02:10:06 GMTby Easy Forex Team CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) strengthened slightly against the majors in the overnight foreign exchange trading session even in the face of weaker than expected homes sales data from the US. US existing home sales fell to 6.33million from a

GLOBAL MARKETS-Oil eases, stocks slip, dollar weak

2006-08-23T10:12:00.000+01:00

LONDON, Aug 23 (Reuters) - Oil prices fell on Wednesday as world powers pondered Iran's offer of more talks on their nuclear standoff while equities slipped in light August trading and the dollar fell against major currencies.Euro zone government bonds were flat with traders waiting for more economic data to gauge the likely direction of monetary policy.The price of crude oil, which has worried

Todays Technical Trading Points - 23rd Aug 06

2006-08-23T10:10:00.000+01:00

Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

European shares rebound, led by techs, miners

2006-08-22T08:48:00.000+01:00

PARIS, Aug 22 (Reuters) - European shares headed higher early on Tuesday, drawing strength from Asian bourses and a stabilisation of oil prices, while technology stocks, miners and cement maker Lafarge added to the market's momentum. Lafarge gained 1.5 percent after France's La Tribune newspaper reported that at least a dozen investment funds and an industrial group were studying the potential

Euro near highs as more rate rises expected

2006-08-22T08:47:00.000+01:00

By Rika Otsuka TOKYO, Aug 22 (Reuters) - The euro trimmed gains against the dollar on Tuesday on light profit-taking but stayed in sight of a two-month high on expectations that the European Central Bank will keep raising interest rates. Against the yen, the euro hovered near its highest level since the single European currency was launched in 1999, on forecasts its yield advantage will widen. "

New Forex tools added !

2006-08-22T08:37:00.000+01:00

Hey All,I have just add links to two great Free forex tools.A Pivot Point calculatorLive Streaming charts.Enjoy,The Forex ProfiteerEasy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Todays Technical Trading Points - Aug 22nd 06

2006-08-22T08:35:00.000+01:00

Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Daily Forex Outlook - Tues 22nd Aug 06

2006-08-22T08:30:00.000+01:00

U.S. Dollar Trading was mixed against the majors Tue, 22 Aug 2006 02:24:56 GMTby Easy Forex Team CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) was mixed against the majors in the overnight foreign exchange trading session as the USD fell against all major currencies except the JPY which seemed to go against the trend. With no data released from the US, the

US dollar softer in Tokyo afternoon trade as more US rates seen unlikely

2006-08-21T07:47:00.000+01:00

TOKYO (XFN-ASIA) - The US dollar was softer against the yen and euro in early afternoon trading here, amid growing conviction that the US Federal Reserve will not resume its series of rises in interest rates, dealers said.At 12.19 pm (0319 GMT) here, the dollar was at 115.62 yen, down from 115.72 yen in Sydney nearly two hours earlier. The euro was at 1.2877 usd, up from 1.2865 usd in Sydney.The

Euro hits record high vs yen on rates

2006-08-21T07:46:00.000+01:00

By Naomi Tajitsu TOKYO, Aug 21 (Reuters) - The euro gained broadly on Monday, clawing up to another record high against the yen on expectations the European Central Bank will keep raising interest rates. With the market fixated on rates, analysts said that the single European currency was the clear favourite among traders given that the ECB is forecast to tighten credit further after bumping

1-Oil picks up ahead of Iran nuclear deadline

2006-08-21T07:45:00.000+01:00

By Neil Chatterjee SINGAPORE, Aug 21 (Reuters) - Oil prices rose above $71 a barrel on Monday, bolstered by Iran's determination to continue with its atomic fuel programme ahead of a deadline from the United Nations to halt nuclear work. U.S. light crude for September delivery was up 49 cents at $71.63 a barrel by 0600 GMT, after gaining $1.08 on Friday. London Brent crude for October climbed

Oil prices climb in Asian trade on fears about fragility of truce in Lebanon

2006-08-21T07:44:00.000+01:00

SINGAPORE (XFN-ASIA) - Oil prices climbed in Asian trading hours after an Israeli commando raid into Lebanon threatened to unravel a fragile truce, and after Iranian missile tests added to tension in the Middle East, dealers said. At 10.35 am (0235 GMT) here, New York's main contract, light sweet crude for September delivery, was at 71.50 usd a barrel, up 0.36 usd from its close of 71.14 usd in

Todays Technical Trading Points - 21t Aug 06

2006-08-21T07:40:00.000+01:00

Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Daily Forex Outlook - 21st Aug 06

2006-08-21T07:38:00.000+01:00

U.S. Dollar Trading was mixed against the majorsMon, 21 Aug 2006 02:08:46 GMTby Easy Forex Team CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) was mixed against the majors in the overnight forex trading session as US consumer sentiment disappointed. The sentiment index fell from 84.7 to 78.7 in August below expectations of a modest fall to 83.6. In other markets, the Dow

Some Problems

2006-08-20T23:32:00.000+01:00

Hey all,Sorry have some problems with the blog.I have defaulted to a basic page, it will be back up soon.ThanksThe Forex Profiteer.Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Have a great weekend!

2006-08-19T11:10:00.000+01:00

Hi All,I hope everyone has a great weekend.See you all on monday with more news, signals and tutorials.The Forex ProfiteerEasy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Daily Forex Outlook - 18th Aug 06

2006-08-18T10:07:00.000+01:00

CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) strengthened against the majors in the overnight forex trading session after weakening during European trading. Initial jobless claims came in at 312k compared to a 315k estimate. Leading indicators also disappointed coming in at -0.1 compared to a 0.1 forecast. In other markets, the Dow Jones index rose a modest 8pts while the NASDAQ was also up

Todays Techincal Trading Points - 18th Aug 06

2006-08-18T09:56:00.000+01:00

Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Heres Todays Live trading Signal - AUS/USD

2006-08-18T09:52:00.000+01:00

HiHere is todays trading signal as promised:BUY - AUDUSD at 0.7609, StopLoss 0.7582, TakeProfit 0.7669.We take no resposiblity for these trading signals, use them at your own risk. Test them out on a Demo account first. Or if trading live only trade 4% of your account.The Forex Profiteer.Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our

Live trading signals tomorrow. 2am EST - 10am EST

2006-08-17T23:09:00.000+01:00

Hi All,I will be posting Live Signals tomorrow, i didnt post them last time as the provider didnt trade for the day, so hopefully all goes well. Dont forget to check out this blog between 2am EST and 10am EST.Good LuckThe Forex ProfiteerEasy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Dubai/Switzerland Conspiracy Theory....Good Read.

2006-08-17T23:06:00.000+01:00

This is the story about a Currency Brokerage firm based out of Zug, Switzerland, and about the firm's rise to fame in the Forex market... and some interesting dirt on MARC RICH, the man who did a shake down on a UAE Arabian Prince involved with the Swiss firm....read more | digg story

Update Delay, My Apologies!

2006-08-17T11:24:00.000+01:00

Hi All,Sorry for the delay in information this morning.My ISP went down and i had no connection!! I was going crazy.Anyway i have put this mornings updates up now.Enjoy.The Forex Profiteer.Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Daily Trend Trade

2006-08-17T11:23:00.000+01:00

The USD has come under further pressure over the last 18 hours after US economic reports have helped further diminish expectations for further near term interest rate increases by the Fed. The data shows tame inflation and an increasingly uncertain housing market which in turn will lessen price pressures in the US. In addition to the Fed continuing to pause there is now another factor beginning

Daily Forex Outlook - 16th Aug 06

2006-08-17T11:20:00.000+01:00

CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) further weakened against the majors in the overnight foreign exchange trading session as US CPI numbers came in generally as expected, but housing and industrial production disappointed the forex market. US Headline CPI came in at 0.4% for the month of July, in line with expectations. Core CPI fell to 0.2% from an expected 0.3%. Housing starts for

Todays Technical Trading Points - 17th Aug 06

2006-08-17T11:16:00.000+01:00

Sorry for the delay, Internet problems earlier. Here are todays techincal trading points:Easy-Forex? The best trading platform available today. ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Forex Trading 'Must Do': Instant Guide For Forex Beginners

2006-08-16T11:11:00.000+01:00

It is believe that more than 50% of Forex traders are losing money long term in the foreign currency exchange market. Yet, there are still a lot of Forex traders jump in to the market, trade blindly and lost their money. Trade after trade, its surprising to see that 'normally-losing' traders keep betting (not investing!) their money into Forex market without reviewing their trading strategy. No

Todays Techincal Trading Points - 16th Aug 06

2006-08-16T08:52:00.000+01:00

Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

Im testing Live Trading Signals Today!

2006-08-16T07:04:00.000+01:00

Hi,For anyone whos interested i will be posting Live trading signals from a provider today.They will be starting at 2:00am EST and continuing till Approx 10am EST.These signals will be updated throughtout the day, so if you want to give them a try i suggest doing it on a Demo account. I accept no reasponsibility for any losses with these signals.Good LuckThe Forex Profiteer.Easy-Forex? The best

Forex Market Outlook

2006-08-16T07:01:00.000+01:00

EUR/USD Daily Outlook: 1.2786 Wed, 16 Aug 2006 02:05:44 GMTby AceTrader Team -------------------------------------------------------------www.AceTrader.comUpdating time :15 Aug 2006 23:07 GMTAs euro has eased after y'day's rally to 1.2805,minor consolidation is envisaged in Asia but reckonpullback wud be ltd to 1.2760/70, yield resumptionof near term rise fm 1.2695 to

Daily Forex Outlook - Wed 16th August

2006-08-16T06:59:00.000+01:00

Daily Forex Outlook Easy Forex [ See company's profile at FXstreet.com Directory ]http://www.easy-forex.com U.S. Dollar Trading weakened against the majors Wed, 16 Aug 2006 02:15:09 GMTby Easy Forex Team CURRENCY TRADING SUMMARY U.S. Dollar Trading (USD) weakened against the majors in the overnight foreign

Today's Technical Trading Points

2006-08-15T07:31:00.000+01:00

Easy-Forex? The best trading platform available today.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.

The Different Types of Forex Orders Explained

2006-08-15T07:27:00.000+01:00

Market Orders A market order is an order to buy or sell a currency at the current market price. When placing a market order, the forex trader only has to specify the currency pair he wants to buy or sell (GBP/USD, USD/JPY, etc.) and the number of lots he is interested in buying or selling. The Ask price is the price the trader will

Daily Forex Outlook - Tues 15th August

2006-08-15T06:40:00.000+01:00

CURRENCY TRADING SUMMARYU.S. Dollar Trading (USD) was marginally higher against the majors in the overnight forex trading session as the cease-fire in the Middle Eats helped to relieve geopolitical tensions in the area. In other markets, the Dow Jones rose by 10pts while the NASDAQ rose by 11pts as any gains were capped by concerns in energy prices and their effect on the energy sector. Crude oil

Forex Trading Pivot Points

2006-08-14T10:40:00.000+01:00

Many traders and novices are looking to make money in Forex, however only 5% of Forex traders ever make a dime. The question then becomes what are the 5% that are making money in Forex doing that the other 95% are not. The truth is anyone can make money in Forex as long as they educate themselves and learn how the market reacts. Trades can use key support and resistance zones for entry and exits

Want To Choose A Good Forex Trading System? Here Are The 7 Key Steps

2006-08-14T10:39:00.000+01:00

Believe it or not, choosing a good forex system takes a bit of patience! Although there are many good forex systems available, there are two things to consider and think about, even before actually trying to choosing one. The first thing to consider is that some systems perform better than others, simple as that. Some systems have better profitability and lower drawdowns than other systems by far

Perks of Automated Forex Day Trading

2006-08-14T10:37:00.000+01:00

Are you interested in automated forex day trading? There are many things that you should know about automated forex trading, and this is a great place to learn about it. The idea of automated forex day trading is recently getting more and more popular. Futures exchange was the first to adopt this system and later on, the FX market followed suit and employed automated forex day trading. -

Learn Forex - How Long Does It Take?

2006-08-14T10:36:00.000+01:00

When you begin to learn Forex it can seem a bit confusing and hard to navigate. First of all the term Forex itself stands for foreign exchange. One of the very best ways to learn foreign exchange is through full-time educational programs. Yet another way to traing on Forex, although it is more time consuming, is through Forex books. If you choose to learn Forex this way however, you will spend

FOREX Trading With Managed Accounts

2006-08-13T10:49:00.001+01:00

FOREX is seen in more and more portfolios's since the currency exchange realm has opened up to the small investor. However, working 9 to 5 doesn't always leave room to trade the market on a consistent basis. Aspiring traders who still work day jobs are looking for ways to enter into the foreign exchange market without having to invest hours in front of the computer. Many brokers have found this

Forex Investing At The Right Time And The 10 AM Rule And How It Works

2006-08-13T10:49:00.000+01:00

Sometimes it`s wise not to be the early bird when investing in forex, instead wait and see what the day will bring before you take action. The 10 A.M. rule is a great example of this concept, and is an example that protects your capital. Let`s say you want to buy a forex stock, for whatever reason; a trend play, or a market rally that you think a currently hot sector will participate in. You know

A Short Explanation Of "Buying" and "Selling" In Forex Trading

2006-08-13T10:47:00.000+01:00

These days everyone is talking about a new profitable activity called Forex trading and the great opportunity this activity represents for people willing to brake free from the corporate world and start working from home or any where else without losing their current lifestyle and even improving it. Most experienced traders consider that the best and most profitable of the capital markets is the

Starting your own trading

2006-08-13T10:45:00.000+01:00

The presented article is intended for those who just turned their eyes toward FOREX. Beginning traders who are still learning the basics of the foreign exchange market may also find something of interest here. While experienced traders won't gain anything worth their time reading this article. Basically there are 4 steps which can be defined as "must do" for those who wish to start trading FOREX.

The Basics Of Forex Trading

2006-08-12T13:56:00.000+01:00

Forex Trading, also known as FX Trading or Foreign Exchange Trading, is what happens when you trade one nation's currency for another. For example, if I go to the bank and exchange ten United States dollars for 15 Australian dollars, I have completed a simple Forex trade. The forex trading market is the largest trading market in the world. According to a study done in 2004, approximately two

Day Trading Tips For Newbies

2006-08-12T13:54:00.001+01:00

The modern world lays a great emphasis on money. It is a medium to trade goods and services. While our forefathers used the barter system for trading, we use money for trading. Today, trading is a profitable business that can make millions for you within a short span of time. There are various types of trading vehicles. Examples are FOREX trading, which trades in foreign currencies, and commodity

Margin In Forex Trading

2006-08-12T13:54:00.000+01:00

What is Margin? Margin is the amount of equity that must be maintained in a trading account to keep a position open. It acts as a good faith deposit by the trader to ensure against trading losses. A margin account allows customers to open positions with higher value than the amount of funds they have deposited in their account. Trading a margin account is also described as trading on a leveraged

Spreads In Forex

2006-08-12T13:53:00.000+01:00

What is a spread? In margin forex trading, there are two prices for each currency pair, a "bid" (or sell) price and an "ask" (or buy) price. The bid price is the rate at which traders can sell to the executing firm, while the ask price is the rate at which traders can buy from the executing firm. For example, when you see the price quote of EUR/USD is 1.2881/1.2884 as in the above picture, the

Indicators are Key to Forex Investing

2006-08-12T13:52:00.000+01:00

Using existing indicators, custom made indicators or advanced technical indicators will give the investor a idea of what the market is doing. This has become a foundation of Forex shrine management a place where we share all our knowledge and strategies. Aspiring traders who are new to the market provides an overview of basic trading mechanics fundamentals. Make sure you master every single

Choosing A Forex broker in 20 Easy Steps

2006-08-12T13:47:00.000+01:00

Introduction You are probably on the way to be a millionaire. Well, if having good knowledges is important for full success, your sucess also depends on your broker. So before Trading in the FOREX (FOREign Exchange) Market, choosing a good broker is a milestone. A broker is merely an intermediary (a middleman) between YOU as a person and the very FOREX market. The broker (an individual or a

Demo Before Taking The Plunge

2006-08-10T13:26:00.000+01:00

Demo trading is one way to get yourself started in forex trading. This is the same as the real trading, except that you are using "pretend money". Demo trading allows the new trader to know how the market works and the events that affect its movement. Geopolitical, macroeconomics and global finance are some of the teaching that demo trading gives. All these will prove to be helpful in your future

Pick Your Trading System

2006-08-09T19:16:00.000+01:00

Many investors keep trying one system after the other until they find something they are comfortable with and that works. It is true that they will tell you that a 1 or 2 pip spread exists on a specific currency pair. In Forex currency trading quotes are given to four decimal places and you'll see this on most Forex. This means that the rate you see and freeze is the rate you get (if indeed

An Example Of What High Leverage Means In Forex Trading.

2006-08-09T19:15:00.000+01:00

These days Forex trading has become one of the most looked after occupation for many persons around the world. This great interest in Forex trading is due to its great advantages over other capital markets and its high potential profitability; among these advantages we can find its extremely easy accessibility thanks to the widespread presence of internet connections, the high liquidity of

Learn Forex Trading through chart analysis

2006-08-09T19:14:00.000+01:00

Using charts effectively Let's us have 300 as the default number of periods on the charts. Do have a setting for the chart as below: · Hourly chart -12 days of data. · 15 minute chart -3 days of data. · 5-minute chart -more than 1 day of data. Domain aspects Look carefully to have an overall concept about the chart. Do notice about the significant support and resistance levels within 2% of

What Is An Automated Trading System ?

2006-08-09T19:11:00.000+01:00

In simplistic terms, an automated or mechanical trading system is a set of specific rules which when applied to the markets, signal entry and exit points automatically. The rules can consist of instructions with regard to the position of say moving averages, oscillators, or some other technical indicator, or maybe specific price patterns, or a markets proximity to certain key price levels,

Reasons Why Currency Forex Trading Remains A Secret

2006-08-09T16:30:00.000+01:00

Forex currency trading can easily be found nowadays over the internet. If you search the net, there are numerous web sites offering hundreds of investment programs like currency forex trading, real estate, stock trading and many others.If you ask some of the currency forex traders why they choose this trade from among the many options, the likely answer they would give is that currency forex

Forex Trading , Greed , Fear , and the Internet

2006-08-09T15:43:00.000+01:00

As foreign exchange trading is by far the most active and largest trading market in existance major participants include commercial banks, corporations conducting international business, hedge funds, international travelers, government central banks, and speculators who hope to profit from the markets volatility and trending nature.Foreign exchange, or forex as it is commonly called, is a

A Brief Look at Forex Trading

2006-08-09T15:41:00.000+01:00

Forex is the currency trading market which is the biggest and most quickly evolving markets in the world. Currently it has a daily turn over of of 2.5 trillion dollars which is actually one hundred times larger then the NASDAQ. Different markets are great ways to diversify your investments and trade different goods and services. The same is true with the Forex market in which the "goods" are

You have to love it to be successful

2006-08-09T15:39:00.000+01:00

In this entry I want to discuss a very simple concept that needs to be understood by every single Internet user out there that wants to make money online. It is needless (in my opinion) to stress on the fact that it is quite difficult to succeed. The fact is that you need a lot of determination and even more than that. Sometimes it is not enough to want to do something just because it is

Welcome to the Forex Profiteer !

2006-08-09T15:23:00.000+01:00

Hi and Welcome to the Forex Profiteer !Everyday i will be posting useful articles about the FOREX. These articles will focus on learning how to trade the FOREX. I will post articles about various strategies, systems and also useful links for you.Enjoy and good luck with your trading.The Forex Profiteer.ForexProfiteer.com - Learn to trade the Forex with our Simple Day trading strategy.