FOREX TRADING

you know about stocks but you don't trust stocks, you know about your wallet but you don't know where to put them. you have only 200 dollar but don't know what to do with them.
BOND? STOCK? with 200? BS. NO
try Forex( currency exchange)
More fun than stock and bond, BUT MORE RISKS LOL.

BUT COME AND JOIN, we can discuss the economic issues and money issues.
The Federal Reserve http://www.federalreserve.gov/
European Central Bank http://www.ecb.int/
Bank of Japan http://www.boj.or.jp
Bank of England http://www.bankofengland.co.uk/
Deussche Beundesbank http://www.bundesbank.de
Reserve Bank of Australia http://www.rba.gov.au/
Swiss National Bank http://www.snb.ch/
Bank of Canada http://www.bankofcanada.ca/
Reserve Bank of New Zealand http://www.rbnz.govt.nz/

Hong Kong Monetary Authority http://www.info.gov.hk/hkma
Tracker Fund Hong Kong http://www.trahk.com.hk
Hong Kong Exchange and Clearing http://www.hkex.com.hk/
Hong Kong Securities Institute http://www.hksi.org
Securities and Futures Commission http://www.sfc.hk
http://www.nfa.futures.org/basicnet/

Helloo folks,
This is Stallion, professional forex trader and mentor and I'll be reviewing strategies and tips on how to make money from the currency/foreign exchange markets. Currencies like GBPUSD(Pound/Dollar), EURUSD(Euro/Dollar),GBPJPY(Pound/Yen), etc would be analyzed here in this thread.
So the question is- How do I get started in the foreign exchange markets..?

everybody knows the forex market is the largest market in the world, and individuals are becoming increasingly interested in it. But before you begin trading it, be sure your broker meets certain criteria, and take the time to find a trading strategy that works for you. Remember, the best way to learn to trade forex is to open up a demo account and try it out.

The forex (FX) market has many similarities to the stock markets; however, there are some key differences.

Choosing a Broker
There are many forex brokers to choose from, just as in any other market. Here are some things to look for:

Low Spreads - The spread, calculated in "pips", is the difference between the price at which a currency can be purchased and the price at which it can be sold at any given point in time. Forex brokers don't charge a commission, so this difference is how they make money. In comparing brokers, you will find that the difference in spreads in forex is as great as the difference in commissions in the stock arena.
Bottom line: Lower spreads save you money!


Quality Institution - Unlike equity brokers, forex brokers are usually tied to large banks or lending institutions because of the large amounts of capital required (leverage they need to provide). Also, forex brokers,in the US should be registered with the Futures Commission Merchant (FCM) and regulated by the Commodity Futures Trading Commission (CFTC). You can find this and other financial information and statistics about a forex brokerage on its website or on the website of its parent company.
Bottom line: Make sure your broker is backed by a reliable institution!


Extensive Tools and Research - Forex brokers offer many different trading platforms for their clients - just like brokers in other markets. These trading platforms often feature real-time charts, technical analysis tools, real-time news and data, and even support for trading systems. Before committing to any broker, be sure to request free trials to test different trading platforms. Brokers usually also provide technical and fundamental commentaries, economic calendars and other research.
Bottom line: Find a broker who will give you what you need to succeed!


Wide Range of Leverage Options - Leverage is necessary in forex because the price deviations (the sources of profit) are merely fractions of a cent. Leverage, expressed as a ratio between total capital available to actual capital, is the amount of money a broker will lend you for trading.

For example, a ratio of 100:1 means your broker would lend you $100 for every $1 of actual capital. Many brokerages offer as much as 250:1. Remember, lower leverage means lower risk of a margin call, but also lower bang for your buck (and vice-versa).
Bottom line: If you have limited capital, make sure your broker offers high leverage. If capital is not a problem, any broker with a wide variety of leverage options should do. A variety of options lets you vary the amount of risk you are willing to take. For example, less leverage (and therefore less risk) may be preferable for highly volatile (exotic) currency pairs.


Account Types - Many brokers offer two or more types of accounts. The smallest account is known as a mini account and requires you to trade with a minimum of, say, $250, offering a high amount of leverage (which you need in order to make money with so little initial capital).
The standard account lets you trade at a variety of different leverages, but it requires a minimum initial capital of $2,000.
Finally, premium accounts, which often require significant amounts of capital, let you use different amounts of leverage and often offer additional tools and services.
Bottom line: Make sure the broker you choose has the right leverage, tools, and services relative to your amount of capital.

Things To Avoid

Sniping or Hunting - Sniping and hunting - or prematurely buying or selling near preset points - are shady acts committed by brokers to increase profits. Obviously, no broker admits to committing these acts, but a notion that a broker has practiced sniping or hunting is commonly believed to be true. Unfortunately, the only way to determine which brokers do this and which brokers don't is to talk to fellow traders. There is no blacklist or organization that reports such activity.
Bottom line: Talk to others in person or visit online discussion forums to find out who is an honest broker.


Strict Margin Rules - When you are trading with borrowed money, your broker has a say in how much risk you take. As such, your broker can buy or sell at its discretion, which can be a bad thing for you. Let's say you have a margin account, and your position takes a dive before rebounding to all-time highs. Well, even if you have enough cash to cover, some brokers will liquidate your position on a margin call at that low. This action on their part can cost you dearly.
Bottom line: Again, talk to others in person or visit online discussion forums to find out who the honest brokers are.
Signing up for a forex account is much the same as getting an equity account. The only major difference is that, for forex accounts, you are required to sign a margin agreement. This agreement states that you are trading with borrowed money, and, as such, the brokerage has the right to interfere with your trades to protect its interests. Once you sign up, simply fund your account, and you'll be ready to trade!

Define a Basic Forex Strategy
Technical analysis and fundamental analysis are the two basic genres of strategy in the forex market - just like in the equity markets. But technical analysis is by far the most common strategy used by individual forex traders. Here is a brief overview of both forms of analysis and how they apply to forex:

Fundamental Analysis
If you think it's difficult to value one company, try valuing a whole country! Fundamental analysis in the forex market is often very complex, and it's usually used only to predict long-term trends; however, some traders do trade short term strictly on news releases. There are many different fundamental indicators of currency values released at many different times. Here are a few:

Non-farm Payrolls
Purchasing Managers Index (PMI)
Consumer Price Index (CPI)
Retail Sales
Durable Goods
Now, these reports are not the only fundamental factors to watch. There are also several meetings from which come quotes and commentary that can affect markets just as much as any report. These meetings are often called to discuss interest rates, inflation, and other issues that affect currency valuations. Even changes in wording when addressing certain issues - the Federal Reserve chairman's comments on interest rates, for example - can cause market volatility. Two important meetings to watch are the Federal Open Market Committee and Humphrey Hawkins Hearings.

Simply reading the reports and examining the commentary can help forex fundamental analysts gain a better understanding of long-term market trends and allow short-term traders to profit from extraordinary happenings. If you choose to follow a fundamental strategy, be sure to keep an economic calendar handy at all times so you know when these reports are released. Your broker may also provide real-time access to such information.

Technical Analysis
Like their counterparts in the equity markets, technical analysts of the forex analyze price trends. The only key difference between technical analysis in forex and technical analysis in equities is the time frame: forex markets are open 24 hours a day. As a result, some forms of technical analysis that factor in time must be modified to work with the 24-hour forex market. These are some of the most common forms of technical analysis used in forex:

The Elliott Waves
Fibonacci studies
Parabolic SAR
Pivot points
Many technical analysts combine technical studies to make more accurate predictions. (The most common is combining the Fibonacci studies with Elliott Waves.) Others create trading systems to repeatedly locate similar buying and selling conditions.


Finding Your Strategy
Most successful traders develop a strategy and perfect it over time. Some people focus on one particular study or calculation, while others use broad spectrum analysis to determine their trades. Most experts suggest trying a combination of both fundamental and technical analysis, with which you can make long-term projections and also determine entry and exit points. But in the end, it is the individual trader who needs to decide what works best for him or her (most often through trial and error).

Matchday 4 di Grup E, F, G, dan H
Derita Tuan Rumah

Matchday 4 di Grup E, F, G, dan H, Rabu (5/11), menghadirkan derita untuk para tuan rumah. Dari delapan pertandingan, hanya satu yang berhasil dimenangi pemilik stadion.

Satu tim itu adalah Olympique Lyonnais. Jagoan Prancis ini sukses mengalahkan Steaua Bucuresti 2-0 di Stade de Gerland. Hasil maksimal tuan rumah lain hanya hasil imbang. Tiga tim malah mengalami kekalahan.

Di Grup E, Glasgow Celtic sudah menatap kemenangan karena unggul 1-0 atas Manchester United hingga menit ke-84. Sayang, Ryan Giggs menyamakan kedudukan dan memaksakan hasil seri 1-1.

Pada pertandingan lain grup ini, AaB Aalborg nyaris kalah dari Villarreal. Mereka harus dua kali memupus ketertinggalan. Aalborg kini terdampar di dasar klasemen bersama Celtic. Mereka baru mengoleksi dua poin dalam empat pertandingan.

Di Grup F. Fiorentina gagal menyamai prestasi Lyon. I Viola sempat memimpin 1-0 atas Bayern Muenchen lewat Adrian Mutu. Namun, Die Bayern berhasil menyamakan skor melalui Tim Borowski. Si Ungu sekarang berada di ujung tanduk. Peluang mereka untuk lolos ke fase knock-out mengecil.

"Semua kemunduran ini akan menjadi pengalaman berharga untuk anak-anak di masa depan," tutur pelatih I Viola, Cesare Prandelli.

Membuang Kesempatan

Beralih ke Grup G, Arsenal membuang kesempatan untuk memastikan diri lolos ke perdelapanfinal. Kemenangan atas Fenerbahce akan memberikan mereka tiket ke babak 16 besar.

The Gunners gagal. Mereka cuma bermain imbang 0-0. Semua peluang Robin van Persie dkk. digagalkan kiper Volkan Demirel dan barisan pertahanan Fenerbahce.

"Kami lemah dalam penyelesaian akhir, tapi kami masih di puncak grup ini," kata pelatih Arsenal, Arsene Wenger. "Jelas sekali kami gagal mendapatkan hasil ideal malam ini. Tapi, saya yakin kami akan menebusnya di partai berikutnya," timpal Cesc Fabregas kepada Sky Sports.

Nasib Arsenal masih lebih baik ketimbang Dynamo Kyiv. Sebelum matchday 4, wakil Ukraina ini berada di peringkat kedua Grup G. Kyiv kini kehilangan posisi itu setelah dikalahkan FC Porto 1-2.

Yang menyakitkan adalah gol penentu kemenangan Porto diciptakan Lucho Gonzalez di injury time. Kyiv kini terdepak ke peringkat ketiga Grup G. Mereka tertinggal satu poin dari Porto.

Di Grup H, dua tuan rumah mengalami kekalahan dari tamunya. Yang paling mengejutkan adalah Real Madrid. El Real takluk 0-2 dari Juventus gara-gara dua gol cantik Alessandro Del Piero.

Sementara itu, BATE Borisov menyerah 0-2 di tangan Zenit St. Petersburg. Padahal mereka bisa menahan Zenit 1-1 di kandang lawan. Bagi Zenit, hasil ini mungkin menjadi awal dari kebangkitan mereka. Namun, peluang tetap kecil. Pasalnya Zenit harus menghadapi Juventus dan Madrid di dua pertandingan terakhir. (Dwi Widijatmiko)

"When you hold resentment toward another, you are bound to that person or condition by an emotional link that is stronger than steel. Forgiveness is the only way to dissolve that link and get free."

Catherine Ponder

Music :

http://www.videoku.tv/action/music/2309/Koes_Plus___Andaikan/?ref=Belajar777