Forex Guide answers:

I understand what you are asking. There are a wide variety of news events (known as fundamentals in the forex arena) but, from my experience, the greatest movers are the consumer price index, the producer price index, and the non-farm payrolls number. Other news events, like the weekly jobless claims number, retail sales, and any sort of housing data tend to move the market slightly most of the time. I have not found GDP to move the market as much as many think, but it CAN move the market, especially if the number is unexpected. Other movers include the ISM and ISM Services, Michigan Consumer Sentiment Index, Trade Balance, Philly Fed, Empire State Index, Retail Sales, PCE, Richmond Fed, and Durable Goods. News from any major company, like GM, may slightly affect the dollar as well. One of the biggest indicators of all is any information that will affect interest rates on either side of your currency pair-here in the US it is the Fed, but in Japan it would be the BOJ, BOE in England, etc. I have given you some of the monthly reports that will affect the dollar but for a currency pair you will have to examine equivalent fundamentals for BOTH currencies-so for the CAD/JPY it would be important to examine Canadian as well as Japanese fundamentals. Other major economies will also have an affect on any currency pair, due to the law of one price and the effects of arbitrage in the world markets.

No one is going to give you correlations because they are going to be different for every currency and different every time. I am sure by doing a search you could find some historic correlations for the pairs you desire, but it always good to do your own research by watching the pair(s) that you choose and seeing the real minute by minute reaction, instead of just at certain times.

Forex Factory provides a good calendar of when the events take place, for all the majors:

http://www.forexfactory.com/calendar.php

Have fun. I don’t know if youre new to trading but if so you should know its hard work-just like being a doctor, lawyer, or business owner. The biggest trick as an entrepreneur in any field, especially trading, is NOT to listen to anyone that says you can’t do it, nor to the ones who tell you its easy-dumb and dumber my friend. Get in your own zone, never risk more than 2% of your capital, never be afraid to take a loss, control your costs, and set yourself up to profit when a pattern repeats itself.

Forex Guide answers:

Candlesticks are the best indicators in the world. They’re good for candlestick formation, elliot wave formation, and trend-line breakout. By mastering these 3 things, you should be able to break-even in Forex. To really make money though, you’ll have to master money management.

Forex Guide answers:

I use a system called “forex autopilot“. It’s very good and there’s a nice review for it at http://www.fxsystemscompared.com

Forex Guide answers:

Hi avhiphop,

It is really all depend to you. If you are live in Asia, then it is more likely that you can trade prior or during the London open or European session as price is begin their volatility moves at this hour.

The use of indicators also depend on each person’s preferences. Whether you are like to use leading indicators such as ATR, ADX etc. Or you like to use Lagging indicator such as MACD, Stochs or RSI.

If you would like to learn about Forex trading, here are lists of great site you can visit;

http://www.babypips.com

http://www.forexfactory.com

Forex Guide answers:

As a 10+ year Forex trader, here is how I trade to make money…

If you want, you can also follow these steps. I’ve dumbed it down to the easiest, yet safest way to win in the Forex.

1) Open a live account at http://bit.ly/iPV25O
2) Select AAAFx broker, and open MICRO account with 200:1 leverage.
3) Deposit at least $300 in your account to start.
4) “Add to Portfolio” the top 20 strategies at http://bit.ly/mJiyZV
5) Don’t add any strategy that makes less than 10 average pips per trade.
6) …when adding strategies, set maximum number of trades to 5, and…
7) …select lot size of 0.1 “mini” lots for each $1000 in your account. It will trade automatically, following all those top 20 strategies.
9) Then sit back, relax and take a vacation as you make easy Forex money.

Forex Guide answers:

Itic software will write your EA for you:

http://www.expertadvisormetatrader.com/portal/MT4ExpertAdvisorRankingsPage3/tabid/88/Default.aspx

(21st company listed)

Forex Guide answers:

Hello there
http://www.mbtrading.com is a ECN platform and the money you deposit and trade will actually move the market real time.

Strategy / Portfolio Management Solution
I myself have tried this FOREX portfolio management solution and I can say not 100% but at least 80% of the trade were successful. No one even experts and experienced trader cannot make 100% profit out of this market for its volatility and this strategy provide volatility adjusted position size…

Worked miracle for me…hope it helps to u too

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320335141456

Forex Guide answers:

It’s take it or leave it there is no other choice.

Forex is about investing money and make profits, and i found out that the best investment i have done was getting some good EAs.

I have no idea about this one but there are some very good EAs online with good price 100$ to 300$. I have one that costs me 2000$ but i like it

Forex Guide answers:

I have with success and failure. I dont like EAs because they are not server based. Two people running the same program can get vastly different results. They are unstable and rickety. That being said the basic idea of programming an entry is sound. Server based programs would be more stable and reliable and you can use the same algorithms (EAs). In the first quarter of next year at least two brokers will have stable server based execution systems and my conpany will pursue using them.

Good trading
mark mc donnell
www.forexearlywarning.com

Forex Guide answers:

YES THERE IS. Its the best forex system in the universe. Its the only way to trade without indicators. Its called the FX-AGENCY ADVISOR 2. I have heard a ton excellent feedback from it. All you do is follow signals and you don’t need a chart apparently. People seem to be making a lot of pips from the fx-agency forex signals. Here is their site

WWW.FXATRADE.TK

Forex Guide answers:

Usually, trade forex in a currency pair containing your base currency.
This will minimize exchange rate loss.

Forex Guide answers:

Dont hesitate to submit your proofs to forex brokers.. You can get some but if it doesnot get ask for those proofs they may be scam sitess..DOn’t use them and lose your money.

Forex Guide answers:

Its never a wise move, to fund risky investments with short-term debt financing this will simply double your risk exposure. Rather use alternative sources of funding. Obtain advise from your financial adviser thereto.

Forex Guide answers:

I was on the same kind of situation 2 years, back!
And I took ICICI with me, i never regreted that!

Forex Guide answers:

Use your visa debit at the cash machines in the US. Cheapest exchange rate, safe, and best way to go.

FOREX charges big commissions versus an ATM, and in the US, you can find ATM machines that do not charge service fees.

Forex Guide answers:

The first thing you need to get to grips with is not really anything to do with money, foreign or otherwise. It’s the terminology. In the beginners guide to investing forex you need to understand what all the funny words mean so that you can keep your focus on what is most important. It’s easy to be sidestepped by wondering what the Elliot Wave Theory is, or what a stop loss means.

Your beginners guide to investing forex also demands that you understand the different kinds of trading strategies well in advance of risking your first dollar. That way you walk in with some idea of the risks involved, and you will also have some idea of what you are doing.

There are a large number of websites that offer online tutorials on forex trading. It’s a very good idea as part of your beginners guide to investing forex that you out check out several of them. There’s no real fast track to getting this step done. You just have to learn it in whatever time it takes.

Forex Guide answers:

I won’t if you use separate PC or computers

Forex Guide answers:

It’s impossible for an indicator to tell for sure if a trend is about to reverse, or continue on. They all try, and some are better than others. Successful traders are the ones who study all the materials they can get their hands on, and then create their own strategies based on years of experience.

Forex Guide answers:

Surely you could call customer support on a legitimate product…

Forex Guide answers:

Motor roller

Forex Guide answers:

No. Just as you wouldn’t find an ATM in any other foreign country dispensing Thai Baht.

Forex Guide answers:

Most brokers will ask you to deposit around $300 or more minimal to open a micro account.

1) 8000+ free Forex strats: http://comefollowme.zulutrade.com/Performance.aspx (bookmark it)
2) FXCM’s form to use above strategies: http://www.fxcm.com/zulutrade-fss-lod.jsp
(or http://www.fxcm.co.uk/zulutrade-lod-form.jsp for the UK)
3) An alternative, broker + strategies: http://www.etoro.com/B66_A29675_TClick.aspx
4) The largest Forex forum, is: http://www.forexfactory.com (bookmark it)

Forex Guide answers:

Hi, here is exactly info. Which you search:http://financecreditforex.blogspot.com/

Forex Guide answers:

Hi there,

I think they are required for the proof of address. And you are not rerquired to provide copies of credit card but they need credit card/bank bills or utility bills for address verification.

If they are asking copies of credit card, then this is wrong and you can even deny them.

Regards

Forex Guide answers:

Good question Mark. More people should be concerned with the aount of time and the hoops you need to jump through to get your hard earned money out of your account.

Take a look at InterbankFX. They have a debit or credit card that you can use to easily access money from your account. I think it is an awesome idea and I am not sure why more brokers don’t use it. (Unless they like earning off the float of your money….hmmmm).

Let me know if you would like to learn how to earn preferential institutonal rates in your trades with InterbankFX.

Paul
pupp52@yahoo.com