Discussion of Forex Trading and Currency Trading

Could anyone suggest me a good tool or software that can generate money for Forex trading?

November 19th, 2008 stanley

in the forex market ,is there is any software that gives alarm when the market hit a certaine price?

November 19th, 2008 stanley

i need a software that gives a long and loud alarm when the forex market hit a certain price that i choose so i can use it beside my broker software ,cause my broker (fxcm) dont have this serviese in there platform

How Much Does It Really Cost ? (in $ or other currency)?

November 19th, 2008 stanley

Hi
How much Does this combination of Items REALLY Cost ?
Are the items in good brands ?

Abit AX78********************************MainBoard
AMD 5600 x2 Double Core*************CPU
4GB DDR II (Kingstone 800)***********RAM
1GB 9600 Geforce (DDR2 XFX)********Graphic Card
500GB SATA2 Maxtor******************H.D.D
Motorola**********************************Modem
Realtek HD*******************************Sound Card
10/100/1000******************************Lan Card
DVD-RW Samsung 22x*****************O.D.D
Green Case*******************************Case
750W**************************************Power
LG 17″ Flat********************************Monitor
NEC****************************************Speaker
Viper***************************************KeyBoard
Optical 800********************************Mouse

Tanx
Answer = Winning 10 Points

is there a million euro currency note?! and in similar way is there a lakh rupee currency note?

November 19th, 2008 stanley

Forex robot software?

November 19th, 2008 stanley

There are some Forex robot software programs and some people say that you can earn more using them. Could you tell me something about it? How does it work? Is it real? I understand that there is no miracle about it but still, I wanna know more about it.

And for guys who sell these programs, please, do not post links to places where I can buy it.

Where can i exchange my currency in Kalamazoo, Michigan ?

November 18th, 2008 stanley

i have Indian currency and want to exchange them for Dollars.

Damaged US currency; is my $20 bill still good?

November 18th, 2008 stanley

I have a damaged bill; its been torn and I have only perhaps just over 1/2 the bill in my possession. The serial number is wholly intact. Will the bank honor it or exchange it for another bill? What guidelines do banks require to redeem such damaged currency?

Has anyone used a profitable forex expert advisor?

November 18th, 2008 stanley

Please only answer if you have actually made money using one of the EA’s. Personal experience only, and not people who lost money and are just telling me its a scam. Im currently looking into Destiny NN 3.3 and Steinitz HAS MTF Hedge Robot I asked this question before and someone answered “I am an expert advisor and I don’t use FOREX to make money” This is not an answer, if you have no Idea what I’m asking . . . don’t try to answer.

Why isn’t there a forex currency index?

November 18th, 2008 stanley

Just like the stocks are combined into NASDAQ for example, then why can’t you combine the forex pairs and assign them a mathematical value???

Take a look here:
http://www.fxstreet.com/rates-charts/currencies-glance/

Fxstreet lists 34 forex pairs.

Benefits:
- Less risk.More pairs - less risk. Traders will take advantage because the market is open day/night in contrast to the daily trades among the stock market. That said, the forex traders gain several times more action with reduced risk, thanks to the combination of many pairs at once. No surprises anymore:Think about it: The european bank annouces higher rates, but the expectations were for lower rates. So, if you trade EUR/USD you will lose when you have selled. With such important news you will lose perhaps over 50 pips and if you trade on 100:1 leverage buying more than 1 lot…say goodbye to your money. Even without leverage the big players will lose, unless they utilize some industrial espionage :) to predict the rates that are going to be anoounced. So…if the one pair goes higher with 50 pips, else will go downtrend with 50, which keeps the balance. Of course if the balance is perfect :) 50/50 the index won’t move and you will not benefit at all :), but in case where you have 50/25 you get your 25 or less if your predictions are in the right direction.

There is one drawback, of course, like anything in life :): With so many pairs it will be impossible to rely on any news announcements. Your only hope will be the candlestick chart, perhaps combined with some additional mathematical technics(martingales, random walk avoidance, compound interest) and economical such(hedging, options..).
But isn’t the technical data the favourite to the forex traders?

So far, sadly there isn’t a “forex index” to my knowledge??? So the best you can do is simply make your own “portfolio” and assign it a mathematical value.

I plan to create a computer program(…a can do that ;), to calculate and trace such index value of about 40 forex pairs. If I succeed, I will post it here with link to website to see the index in action :).

Thanks.

Will there be a “world currency” in our lifetime?

November 17th, 2008 stanley

The U.S. dollar is used all over the world, but mostly because it was stable after WWII because of Bretton Woods. Now it is not stable. The Euro is becoming more popular. Will the Euro become the world currency in the next 60 years or is it just an experiment?

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