I'd like to know what books you would recommend to someone who would like to make it in the forex business. I'd love to learn from experienced traders talking about their struggles in this very tough market.
my question is, what do you think is best, I'm moving to Mexico from the US and i'm wondering on when should i convert my Dollars to the peso, right now the peso is 14.8 for each dollar how do i know if by waiting i can gain or lose? If i wait is it possible to get more peso for the dollar or with the economy being down will i lose if i dont send it now. I want to get the most Peso per dollar possible..
I just found an old bad with loads of money. Some of them are from Europe, French Francs, Spanish Pesetas, German Marks, Slovenian Tolars, Italian Lira and whatnot… Is there a place where I can go/send the "old" currency and exchange it for Euros? Can I just go to a bank European bank and change it?
I live in the Caribbean, by the way…
currently, we don't exchange the AUD remittances we get because it is tooooooooooooo low…. we practically live on this thing. I don't know how long we will have to wait before we can get the same rate we used to get. if we exchange it now and then the rates change, the family would be at a great loss.. please, whoever is smart with this FOREX thing, how long should i wait until the AUD exchange rate goes back to 1.75 from 1.56 per 1 USD? please please please explain this to me as much as you can. and most importantly, what should i do regarding this matter??
where are the fx traders,
do anyone know any trading platform/software that supports 'Natal chart', or nice forecast chart that can help an investor foresee the direction of the FX market days/weeks ahead.
So, lets say an american wants to move to spain, he has money in US dollars and needs to get it converted to euro's. Once he does this, the euro money is no longer of value to a US bank unless it is converted back? correct?
So what happens when he spends all this money in spain? the US dollars have been taken away from the US economy and is now in spain where it has all been spent?? the US has just lost all that money?
I know that I've probably just completely mis-understood something as I don't know all that much about finance, if someone could help me to understand, that would help alot.
(By the way I'm not actually thinking of moving to spain or anything, its a hypothetical question)
Thanks
Some do earn 100% a month also
Can you say me how 1% fixed is possible in Forex? i mean you all must be experienced…
My best friend lives in England.. I am in Florida.
Was wondering how to make the comparison from the UK. I dont seem to understand UK currency.
Thanks Brooklynn =)