Forex day trading, most exciting way to make money from home

I started on stock and forex trading about 3 years back, and frankly speaking I wasn’t good on these things at that time. However, I am not a quitter, I know if I did it right I would make some profit, so I keep learning and learning, well it took sometime until then I able to did my first withdrawal and it was so excited. If only I gave up by that time when I thinked that I wasn’t good, surely this exciting feeling won’t even come to my mind. Now, I can smile happy every month with at least 8% – 25% of my capital banked to my account.

Speaking about our stock or forex trading expertise, Wileys Publising, publisher of "For Dummies" series released a very shopisticated book about forex and stock trading, "Day Trading for Dummies" is undoubtedly the most exciting way to make money from home. It’s also the riskiest. Before we begin, we need three things: patience, nerves of steel, and a well-thumbed copy of Day Trading For Dummies—the low-risk way to find out whether day trading is for us.

This plain-English guide shows us how day trading works, identifies its all-too-numerous pitfalls, and get us started with an action plan. From classic and renegade strategies to the nitty-gritty of daily trading practices, it gives us the knowledge and confidence we’ll need to keep a cool head, manage risk, and make decisions instantly as we buy and sell our positions. Learn how to:

• Set up our accounts and our office
• Connect with research and trading services
• Plan and research trades carefully and thoroughly
• Comply with regulations issues and tax requirements
• Leverage limited capital
• Cope with the stress quick-action trading
• Sell short to profit from price drops
• Evaluate our day-trading performance
• Use technical and fundamental analysis
• Find entry and exit points
• Use short-term trading to establish a long-term portfolio

We’ll also find Top-Ten Lists of good reasons to go into day trading, or run from it in terror, as well as lists of the most common (and expensive) mistakes day traders make. Read Day Trading For Dummies and get the tips, guidance, and solid foundation you need to succeed in this thrilling, lucrative and rewarding career.

This book will cost us US$24.99, but if we would buy it from this link, we would save 37%, what a great discount isn’t and if we really-really a newbie or perhaps an intermediate trader but get lost most of the time, then purchasing this book will worth every penny.

Building Your List For Free with AdSwaps

It’s time for a quick update on how well using AdSwaps is working for me in building my newsletter or subscriber “list”, and I’ve got a couple of screen shots which I hope will make it clear just how good a method this is….

I was first introduced to the idea of “adswaps” back in August last year by another marketer called Sean Mize.

He got in touch with me to ask if I would be interested in sending his free offer to my subscribers in return for him sending my free offer to his list.

Now I was used to doing “JV’s” with other marketers where we each send out the other’s paid product offer to our subscribers, and both make some profits in the process, but I’d never done “free swap”, or “adswap” as Sean called it, before, so I was interested in testing it out to see just how well it worked.

I gotta say I was pretty happy with the result.

here’s a snap shot of what happened to my sign up rate in August and September last year when I started doing these swaps: -

At the time I had around 5-6k subscribers on my list and you can see that whenever I did an adswap with a new partner it would result in an extra 100-200 confirmed optins for that day!

You can quite easily spot the spikes in the optin rates in the image above!

and now?

well, I have to admit, sometimes I get lazy and don’t do any adswaps for a week or so, like back at the start of January, but you can see in the image below what happens again when I set up just a few adswaps each week: -

So how can you get in to adswaps?

Easy, go join up for the free IMAdSwaps forum here: -

http://www.imadswaps.com

NOTE: Once you sing up for the forum you will need to open a support ticket on my support desk below and tell me what the profile name you set up is, so that I can approve it. I do this manually to stop spam bots getting in to the forum and posting a load of junk.
http://imtesting.com/images/askmattgdotcomcontact.gif

and if you’d like some “social proof” from other forum members, here’s a testimonial that I received last week that I haven’t got around to putting on the landing page yet: -

“Matt Garrett’s forum is worth at least $2,000 per month for me.
This is the big secret behind how I grew a decent sized list so fast.”

Jason Parker
www.erevenueselect.com

Yup, this is one of those “secret” methods that marketers use to build their lists FAST!!

and the great thing is that you’re actually giving your subscribers good value at the same time as they get some sort of free report or product in the process…

So go get in the forum and start doing adswaps to build your list the quick and FREE way!!!

http://www.imadswaps.com

p.s. there is also a fre report that Sean and I put together for you to help you get started, you can grab it as soon as you’re in the forum.

more information Internet Marketing klick here www.adimerdeka.co.cc

US Dollar Restricted to Narrow Range - What Could Force a Breakout?

written by David Rodriguez, Quantitative Strategist

Impressive rallies in the S&P 500 left the US Dollar lower against all major currencies except the Japanese Yen, but a relative sense of unease across financial markets highlights risks of a major USD bounce.

US Dollar Restricted to Narrow Range – What could Force a Breakout?

Fundamental Outlook for US Dollar: Neutral

- US Dollar falls as Goldman Sachs results boost S&P 500
- US Jobless Claims boost hopes that economy may recover
- US Dollar may react to Federal Reserve’s Ben Bernanke Testimony

Impressive rallies in the S&P 500 left the US Dollar lower against all major currencies except the Japanese Yen, but a relative sense of unease across financial markets highlights risks of a major USD bounce. US and European equity indices finished the week anywhere from 6-8.5 percent above their previous close—good for a 2000-3000% annualized rate of return. Early-week moves came on impressive earnings results from Wall Street titan Goldman Sachs and relatively benign economic data. It is easy to claim, however, that recent developments are unlikely to sustain such an impressive rate of returns. A relatively empty week of economic event risk ostensibly limits volatility expectation in the days ahead, but traders should keep a close watch on several key earnings reports and effects on the S&P 500 and US Dollar.

The US currency remains in a wide and choppy range against the Euro and other key currencies, and it may take a fairly significant shift in financial market risk sentiment to break the dollar from its trading channel. Had we known a week ago that the S&P 500 would break to fresh 30-day highs, we may have claimed that the EUR/USD would similarly break to fresh medium-term peaks. Yet forex markets clearly had other things in mind—constraining the heavily-traded currency pair to its two-month wedge formation. Consolidation patterns typically lead to noteworthy breakouts, but a continued downtrend in volatility expectations gives little reason to believe such a break will come in the week ahead. Indeed, the DailyFX 1-week currency volatility currently stands near 12-month lows.

The obvious question remains: What could break the US Dollar from its medium-term trading range? In short, there is no real way to know. Our natural suspicion is that it will take a substantial deterioration or improvement in financial market risk appetite to break the EURUSD below 1.3700 or above 1.4300. The rolling correlation between the EURUSD and US S&P 500 continues to trade near record-highs—emphasizing the US Dollar’s sensitivity to the key risk barometer. Equity markets remain similarly linked to the trajectory in commodity markets; the S&P – Reuters CRB Commodities Index correlation likewise trades near all-time highs. Increasingly clear connections across ostensibly unrelated asset classes underline the risk that a tumble in one will lead to sympathetic moves in another.

It remains critical to monitor the trajectory of key financial market health indicators and their effects on the US Dollar. As we continue to argue, noteworthy deterioration in financial market risk sentiment will likely be the spark to force major US Dollar rallies. Absent the correction, the Euro/US Dollar currency pair may continue to trade in a progressively narrower range. – DR

For more timely FX market analysis, visit our newly-launched Forex Stream Service.

Forex Market Offers Opportunity And Information

The forex market is what is called an international exchange currency market, where currencies are exchanged on a daily basis. There are five forex market centers around the world — New York, London, Tokyo, Frankfurt and Zurich. One does not need to be on the trading floor, so to speak to be involved in the forex market. Today, forex trading can be done from home on a computer.

The forex market itself is basically a worldwide connection of traders, who make investment moves based on the price of currencies, or their values relative to other currencies. These traders constantly negotiate prices with other traders resulting in the fluctuation or movement of a currency's value. The value of a currency on the forex market also corresponds with supply. If there is greater demand for the Euro, let's say, then there will be less supply of it on the forex market, which means, in time, it will make a Euro more valuable compared to let's say the dollar. In short, in this forex market situation, one Euro would yield more dollars, subsequently weakening the dollar as well. Analyzing the forex market's fluctuations allows investors to make predictions on how a currency will move in relation to another currency. They then can make predictions and buy and sell currency accordingly.

While some people view the forex market as a place to see what their exchange rate will be when they travel abroad, others view it as an opportunity to make great gains in their financial planning and future.

by Jay Moncliff

Investing in Forex

Investing in foreign currencies is a relatively new avenue of investing. There are considerably fewer people are aware of this market than there are people aware of several other avenues of investing. Trading foreign currency, also known as forex, is the most lucrative investment market that exists. There are several factors that make this true among which, successful forex traders earn realistic profits of one hundred plus percent each month. Compared to some of the better known investment markets such as corporate stocks, this is an unheard of return on investment. It's very necessary to mention here that a person who invests in forex must, without exception, make it a point to learn the detailed, but simple strategies and information surrounding the market. This very fact is what makes the difference between successful forex traders and other traders.

A few additional points, which create such powerful leverage for investors within the forex market are: The amount of capital required to begin investing in the market is only three hundred dollars. For the most part, any other investment market is going to demand thousands of dollars of the investor in the beginning. Also, the market offers opportunities to profit regardless what the direction of the market may be; In most commonly known markets investors sit and wait for the market to begin an up trend before entering a trade. Even then, investors, as a rule must sit and wait some more to be able to exit the trade with a nice profit. Given that the forex market produces several up, down, and sideways trends in a single day, it can easily be seen that forex stands head and shoulders above other markets. Additionally there are trading strategies, which are taught that provide for compounded profits; these are profits on top of profits. In addition, free demo accounts are available within the industry of forex trading, which facilitate the sharpening of skills without the risk losing any capital. And the advantage regarding the time factor in trading foreign currency is a very attractive point for any investor. Compared to one of the most sought after avenues of investing, which often requires forty or more hours each week, namely in the real-estate market, the forex market requires a much smaller demand on the investor's time. Forex trading requires approximately ten to fifteen hours each week to earn a full time income. It's easy to see that the advantages and great leverage that exist in the forex market, make it among the most lucrative, time liberating, and easy to enter by far.

I hope this information gives you a clear understanding of how you can turn your investing into a true method of making your money work harder for you.

by Joe Clinton