August 4th, 2008 stanley
i have always thought british pound was the highest, but i was wrong, Pound is ranked fifth in the world, behind Kuwait and Bahrain's DInar, Oman rial and Latvia rats.
1.00 KWD = 3.77373 USD
Kuwait Dinars United States Dollars
Now does anyone know exactly why is it the most valued currency? is it due to the scarcity of the currency?
Posted in Currency Trading | 1 Comment »
August 4th, 2008 stanley
Europe has the Euro.
USA has United States Dollar.
China has Yuan.
What would happen if every country in the world had only 1 currency? What it create chaos? Would it be the best thing ever? What do you predict would happen?
BTW: What would it be called? The worldo?
Thanks!
Posted in Currency Trading | 8 Comments »
August 4th, 2008 stanley
Posted in forex trading | 2 Comments »
August 4th, 2008 stanley
i trade at fxcm demo account and i find it very good but after hearing many people say that it is a bad broker ,i started to think that it is good now only because it is a demo account and when i open a real account ,it will be bad .but also i heared people say that it is good …..so i am so confused ,which should i believe
Posted in forex trading | 6 Comments »
August 3rd, 2008 stanley
I went to London last year and I have A LOT of currency leftover, I forget how much it totals but its all coins. Obviously, I cant use it back in the US but I was wondering if theres somewhere I can exchange it or sell it. If I can exchange at like a bank or something will I be charged a fee? Im trying to figure out if there is a fee, would it be worth exchanging the currency…??
Posted in Currency Trading | 4 Comments »
August 3rd, 2008 stanley
Posted in Currency Trading | 1 Comment »
August 3rd, 2008 stanley
I use simple moving averages lines to determine an entry and exit but there are bunch of whipsaw in it. I wonder if there is a safe entry which could reduce the chances of whipsaw from happening. Thank you.
Posted in forex trading | 6 Comments »
August 3rd, 2008 stanley
I mostly know Bollinger Band and MACD but are there any others I should or need to learn. my win/loss ratio just on those two alone is 235/15 however, I still feel I need to learn at least one more indicator before getting started on a real account… What do you suggest?
Posted in forex trading | 7 Comments »
August 2nd, 2008 stanley
When you return to the US from a trip abroad you must declare currency in excess of $10,000. Is that so they can tax you on the excess? A European relative left me $25,000 in cash. If I use banks to do a wire transfer, they rob you with exorbitant fees. The declaration form says that citizens have the right to bring back any amount of money into the country but you must declare anything over $10,000. Is that so they may tax you? As much as I love to travel to Europe, I do not feel like making 3 trips just to bring back my money.
Posted in Currency Trading | 6 Comments »
August 2nd, 2008 stanley
I am trying to look for a reliable bank that can can exchange Hong Kong Dollars for US Dollars and can speak either English or Chinese to it's customers in Hong Kong. I am trying to find a currency exchange bank prefferably near the Jordan MTR Station, Nathan Road, or the Eaton Hotel. I also desperately need a bank that has good reputation and is nice to it's customers. The bank should also have reasonable or good exchange rates. Please tell me about the bank, where it is located, the address, hours, and it's average exchange rates. I am trying to exchange US dollars to receive Hong Kong Dollars!
Posted in Currency Trading | 3 Comments »