2008 December | Discussion of Forex Trading and Currency Trading

Why not another currency to $ in the world ?

December 1st, 2008 stanley

For the safe world economy ; there is a need to have a parallel world currency to $.

At lest ,rest of 80% world population will not be affected by such financial crisis, in future . The financial budegts of other countries would be unchanged.

Will International Monetary Fund and World Trade Organization accept / encourage ?

For some times; other countries ; refused to accpet $ as a comparable international currency for trade and or other reasons.

Posted in Currency Trading | 3 Comments »

what would be good websites to check for economic, currency, stock news ?

December 1st, 2008 stanley

I noticed that people who write the news on sites like Yahoo know about information such as consumer spending, interest rate cut, etc before the news come out. Whereas, I only know about those information when the news come out.

SO my questions are:

1. where do you get information such as:
- retail sales data
- interest rate, etc
- and anything that will affect the economy or stock market

Also

2. What would be good websites to monitor:
- commodity prices
- currency

Posted in Currency Trading | 5 Comments »

Which with your experience is the best and most effective Forex Autopilot yet?

December 1st, 2008 stanley

I mean, dudes put out a flurry of autopilots outta there on the internet. They tell you how it rakes in profit but they don’t necessarily tell you how it picks trades that move against you that would ultimately geopardize your account. Just which is the best?
I have been using the EA called Forex Autopilot by Marcus Leary too. I don't see it surviving anything less than mega accounts like say $50k up! It does great the whole day but just at the last minute, picks a single trade that would lead you into doom! That is my experience of it yet. How else do you judge it great?

Posted in forex trading | 4 Comments »