Forex Guide answers:

I find finexo.com, forexwebtrader.com as the best trading platform to trade forex. As you are tested by me and i strong feel they are genuine and their services are helpful to all the traders.

Forex Guide answers:

Hi Raze,

A keylogger virus is a small application that records all the keys you stroke on the keyboard since you logged into your operating system.
All the data is stored into a text file which is distributed over the Internet through various channels, for example, there are MiRC channels that live stream login details for various sites by using this kind of viruses.
If you will login to any sites that require authentication, then there are high chances that your login details will be distributed over the Internet in no time.
Windows provides sort of a solution through the on-screen keyboard which can be found under Start Menu>>Accessories>>Ease of Access.
I would strongly suggest you get yourself a good anti virus program and scan your computer for viruses, since the main concept of a backdoor virus is to leave a coded trace for other viruses to infiltrate and damage your system.

Best Regards,
FXCC Representative

Forex Guide answers:

I like to play Texas Holdem online at several different sites. I play a lot of freeroll tournaments and usually do very well, finishing in the money in the majority of the games I play in.

Of course, sometimes this is only a dollar or two, but sometimes it can be a lot more. My biggest win in a tournament is $1000. And I am on the money leaderboard on the site where I play most frequently.

Online poker is fun and challenging. I use a system called the Texas Holdem Dynamic Point Count Super Strategy, and it has worked well for me. Here is a link:

http://www.thedoverpro.com/poker.htm

I also play at the real casinos, but sometimes this is not as much fun. Playing at home online is a lot better!

Forex Guide answers:

Yes u can change ur name.
U hv to go to ur local court or any notary after a short stamp paper work u r allow to do this.
After this u hv inform it via local news paper etc.

Forex Guide answers:

If there is a ristriction, why dont you follow the law, you might be charged with money laundering offence

Forex Guide answers:

I made $60,000 with your specified program within 4 months. Yes they are genuine investment program.
Http://www.minvestment.com/?r=InvestmentPlan

Forex Guide answers:

Investing is a passive thing that anyone can do and hope the markets go up and the economy improves and the system doesn’t fall apart again or another bubble doesn’t burst or the Fed doesn’t do something stupid, etc.

Trading is a profession, not a hobby. It requires committment, many more resources, much more education and training and experience and resources, like any profession. But unlike any other profession, the risk is very high, especially in Forex with 100:1 leverage. You may not know what that term means, but it is a primary killer in the futures and Forex markets, even for those that think they know something. Training is very expensive.

I’m not sure what you mean by stock trading being the “same” as Forex trading. They require different brokers and accounts. A stock is essentially part of a company with their own set of circumstances, products and services, marketing and competitive issues, employees and CEO’s. Trading the Forex is a world currency against another, called a currency pair, like GBP/USD, with their own set of world circumstances, governments, bailouts, GDP reports, interest rates, unemployment rates, etc.

What Does Forex Market Mean?
The market in which participants are able to buy, sell, exchange and speculate on currencies. The forex markets is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors. The currency market is considered to be the largest financial market in the world, processing trillions of dollars worth of transactions each day.

Investopedia explains Forex Market
The foreign exchange markets isn’t dominated by a single market exchange, but involves a global network of computers and brokers from around the world. Central banks use their massive buying and selling capabilities to alter exchange rates through their open market activities and in many cases will do so not with profit in mind, but rather for any number of policy reasons. Forex brokers act as market makers as well, and may post bid and ask prices for a currency pair that differs from the most competitive bid in the market.

Forex Guide answers:

Whatever currency you carry, you will be purchasing in Thai baht only – basic rule is the fewer times that you change money, the more of it you keep as there are exchange charges. I assume there is no reason why Rupees are not accepted here at money exchangers, but I don’t know that for sure.

Forex Guide answers:

You need to open a savings of checking account with a bank. This will probably require a adult to also be on the account. But since you are only looking for a dept card only it should be no big deal.

Forex Guide answers:

Click on the green plus symbol at the end of the toolbar.

Click on the “Edit Apps” tab at the top.

Remove an application by hovering over it and clicking the red “X”.

Click on “I’m Done” at the bottom when you have finished.

Forex Guide answers:

I might be mistaken but I believe you would actually have to go into a bank for this process.

Forex Guide answers:

There is no such card in ANY country.

Forex Guide answers:

Yes ofcourse! Try this program, it will make it alot easier for you!

Forex Guide answers:

You credit card will treat it as a cash advance unless you swipe your card at a terminal to only make purchases – that’s why supermarkets never offer cashback on credit cards.

Forex Guide answers:

They are not scrapping the fee for purchases abroad, the scrapping of fees announced today only apply to purchases of foreign currency using a debit card within the UK.

Forex Guide answers:

Hi!! What a nice question!! Not everybody wanna know really how MACD works!!!
It will be different because MACD (Moving Average Convergence-Divergence) is calculated based on 3 Moving averages… Custom setting 12, 26, 9… Apply to the close… That means.. That it calculate the average of the close value of the last 12 bars periods or candles… Also the average of the las 26 candles and also the average of the close of the last 9 candles… Si the close of a bar on a 15 mintue chart is different that the close of a daily chart… Thats why the value of the moving averages are different!

If you wanna completely understand how MACD works you can go to

http://en.wikipedia.org/wiki/MACD

cheers

Forex Guide answers:

News trading can be tough especially if the broker widens the spreads.I will wait till the markets settle down after news and stay with the trend.

Forex Guide answers:

Trading is an art. There is no formula. Everyone successful trader develops their own trading systems.
From your question… I’d say you’re 3-5 years away from being successful (that’s actually average, for the few that succeed).

Spend more time on money trading management/risk control. In Forex 30% of your success is on Technical Analysis….. The rest is how you manage your trades.

Forex Guide answers:

Playing Forex can appear alluring, but the majority of people who try it lose money. All you have to do is do a web search on the words “Forex” and “lose” to see this is the consensus. You are being mislead by people who are trying to make Forex appear easy, when it is horrendously hard for people to make money in it in the long run.

You’ve already tried one strategy and you’ve blown up. You will probably find your new strategy blows up eventually too. Forex is a treacherous game.

Forex is similar to what we call a “zero sum” game. You are making a bet with someone else about whether a currency will rise or fall. For every winner there has to be a loser. The net winnings of everyone combined equals zero. If you are smarter than the average player, you may make money. If you are dumber than the average player, you are likely to lose money. Most of the people making the “bets” in Forex are highly trained professionals at banks and other institutions. You are unlikely to beat them at this game.

Actually Forex is not quite a zero sum game. It’s a slightly negative sum game as the Forex broker takes a small percentage each time in the spread. It’s a small amount but over a hundred trades, it ends up being a considerable amount of money. So the average player is likely to lose money, and remember the average player is a highly trained professional and probably smarter than you.

There is a lot of luck in Forex, and if you play it, you will have some periods of time where you make money. This is usually because you are having a lucky streak, not because you have suddenly become an expert Forex player. However, most people are unwilling to admit their success is due to luck. They become convinced they have a system that works, and lose a lot of money trying to refine it.

Further complicating the problem is the large number of Forex scams on the internet. Most Forex websites are of questionable honesty. You will find many people on the Internet that claim they made a lot of money using Forex. They are usually liars trying to make money. They will say: “Go to Forexcrap,com/q2347.” The “q2347″ is a signal to the Forexcrap site that you are being referred to them by “q2347.” If they sell something to you, “q2347″ gets a kickback. These coded signals can be hidden by different methods in the link. Other people will refer you to their own private website or blog for the purpose of trying to get money off you. Also there are a good number of trolls out there that like to pretend they are successful forex traders just for the fun of it.

I would recommend not trying to do Forex at all, unless you are a trained professional. It’s like playing poker with people better than you, with the house constantly taking a small percentage from the pot.

Read the warnings in the links below:

Forex Guide answers:

Thanks I learned in Forexnext.com and earn $142 in my first trade. Thanks a lot.

Forex Guide answers:

New York Session / American Session

This session opens daily at 13:00 GMT also 8:00 EST and closes at 22:00 GMT also 17:00 EST. The hot time in this session is usually when the euro traders are still active. Which is between 13:00 and 17:00 GMT also 8:00 EST and 12:00 EST. The most liquid pairs during this session would include USD/CHF, GBP/USD, USD/CAD and EUR/USD.

Regards

Forex Guide answers:

To resolve these problems about forgot my Windows password, you can simply reset or change forgotten Windows password with a password reset disk. A password reset disk is a flash drive configured with your current password, specially formatted to reset the password on Windows machine when you ever forget it. It acts as a key to unlock the account. But the problem is that people who forgot Windows password often forgot to create a password reset disk and cannot log on computer with any user account.
Http://windowspassword.org/windows7/how-to-unlock-computer-if-i-forgot-my-windows-password/

Forex Guide answers:

After some information gathering, I have a feeling every forex broker is evil since we have conflicting interests. They trade against us. They wish us to lose. They make many fabrications in order to deceive you, and so on.

List all the reasons why the claim is valid

False Advertising & Fabrications: – “No commissions” is plainly deceiving
Brokers deceive you about there being no commissions. $30 minimum/round turn (called the spread) is in reality a commission that eats up your capital at an astonishing rate. Even winning traders lose money and end up with negative results because of this outlandish overhead. Trading futures, you should never have to pay a broker more than $10/round turn, and usually quite a bit less than that.

- The truth about guaranteed fills: True but¡K The only way a broker can guarantee fills is for the broker to become the buyer or seller of last resort. That means the broker is running a bucket shop. All forex brokers are the buyer and seller of last resort.

- Lying about the volume: Brokers do not tell the truth about volume. They show the volume for all forex trading, which doesn’t even come close to the volume they truly have at their own brokerage, which is where you are trading. Volume in currency futures is considerably higher than the volume traded at any single forex broker, often greater by a factor of ten.

Defraud of your money

- Leaning: Brokers say they are charging you a 3 pip spread to trade the popular currency pairs. But in reality a broker may be making as much or more than 10 pips on your trades. He does this by skewing prices. Since you are not trading at an exchange, the broker can feed you any price he wants to feed you. He can buy at the bank for perhaps 7 pips less than he sells to you. He then charges you 3 pips for the privilege of being ripped off for a total of 10 pips.

- Skewing price quotation
What is the true price? A forex broker can only give you the price of a currency as quoted to him by the bank through which he trades. Banks have differing prices for a currency. You never know what the real price is because there is no central exchange through which all prices flow. Besides not knowing the true price from the bank, you can also be deceived by “leaning” or “skewing” of the real price at the bank. Forex brokers commonly lean the prices.

- Immoral Stop Running/Hunting
You are told by forex brokers that there is little or no stop running. This is one of their biggest and boldest fabrications. The truth is there is far more stop running in forex than in futures, and possibly as much stop running as in the stock market. I have friends who work in forex as well as many traders who of necessity have to trade forex. One of my students is a market maker in forex. These are people who should know, but in case you don’t want to believe me or them, simple observation of forex trading will reveal the vast amount of stop running that takes place there. Who is it that runs the stops? Why it is your friendly forex broker. The broker has a vested interest in seeing to it that your orders are filled. Stop running is nothing more than order filling. The broker sees to it that everybody’s order gets filled.

- Wipe you out by “false” spike: Sometimes, there’s very quick spike in candlestick on a broker’s chart, but there is nothing happening on the others’ chart. A stop-loss is triggered simply due to that suspicious spike.

- ban you if you can win their money: Probably you have heard that if you are winning regularly in forex, you may be barred from trading. Is this true? Yes it is. The fact that it is true is just another proof that when you trade forex you are trading at a bucket shop. In the book, “Reminiscences of a Stock Operator,” we are told that Jesse Livermore was banned from trading at certain stock brokers because they couldn’t stand him beating the house. The same thing is true with many forex brokers. Since they are the ones guaranteeing you a fill, they are in effect the buyer and seller of last resort. The truth is that most forex brokers have precious little liquidity at their firms. In order to give you the impression that there is liquidity, it is the broker who gives you your fill. It is the broker who does the stop running that supposedly doesn’t exist in forex. But if you are regularly beating the socks off the broker, he will ban you from trading at his firm.

Potential Danger about Forex Brokerage Firms
- Unregulated: Forex may sound like an exchange but it isn’t. It exists entirely in cyberspace with every broker and every bank having different prices for any particular currency. There is little or no regulation, even for brokers who register with the CFTC and the NFA. Forex brokers do not have to mark to market each day as do futures brokers. If your forex broker files for bankruptcy or absconds with your money you have zero recourse.

- No guarantee: If

Forex Guide answers:

It is just the platform fascility.
When ts is set by distance it will generate two things one stop loss and other trailing distance.

Forex Guide answers:

Read _Dummies Guide to Technical Analysis_. Forex is all about technical trading. Realize, though, that while stock investing is difficult because the big institutions play a major role, Forex is even more difficult because the big institutions (banks) account for virtually all of the volume.