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Develop a habit of reviewing and analyzing

Develop a habit of reviewing and analyzing your good and bad trades. Then you will have a much better sense of what will work best in your future trades.

Trading is always full of emotions

Because trading is always full of emotions, you must have a trading strategy which includes a set of rules you stick to. This will help protect you from yourself.

software which aims at predicting future trends

While there are a lot of companies who make money by selling software which aims at predicting future trends, the reality is that if this software really worked, these companies would not be giving the secret away.

Trade wisely

There are many beginners who make trades in any direction. While there is a possibility to make profits both on the upside and downside of a trade, trading in the direction of the trend will give you the best chances for success

Invest in a good Forex trading education

The market is always changing and it may be hard to understand and keep up with these changes unless you invest in a good Forex trading education

Wednesday, 8 May 2013

JOINE THE FASTEST GROWING FOREX CONTEST ON THE GLOBE: WIN UP TO $4000



CLICK HERE FOR REGISTRATION


READ BELOW THE FOLLOWING PROCEDURES

Step 1 - Register for free

Registering here is easy and only takes a few minutes. Use your valid personal information as accurate data is required for payout at the end of the contest. You can click on the REGISTER link to get started. We will send you a confirmation email to verify your email address to confirm as soon as you have filled out all of the required fields of information required to register.
You can click on FORGOT PASSWORD at any time to re-send your confirmation email.
You can also answer a private Security Question to recover your Passwords at any time.



Step 2 - Choose a contest

We are currently offering many different types of Forex contests. Daily Contests are held every day and operate with a 24 Hour time cycle. Weekly Contests are held every week and operate with a 7 day cycle and Monthly Contests operate with an End of Month cycle. We also occasionally hold Special Contests which operate with variable timeframes. Choose a contest that best suits your trading style and skill level for best results. Also, your available time is essential in choosing the contests.
There are many Forex trading contest available at all times. Click OVERVIEW for a complete and detailed listing of our Forex trading contests, time frames, applications, and rules. After you are SIGNED IN, you can apply for contests quickly and easily with just a few clicks. Keep in mind that each contest may have a different application and/or trading rules, and that you should make sure to read their details and compare them carefully.



Step 3 - Install the Trading Software

MetaTrader4 (MT4) will be used as the trading and charting software for all of the contests. You will have to install this software as soon as you would like to apply for any of our contests. The PLATFORM link gives information about MetaTrader4 and instructions on how to download it to your computer.
Once you have downloaded MetaTrader4, you won’t need to install MetaTrader4 for every new contest as all new contests can be use the one MetaTrader4 download. Clicking on SETUP and CONFIGURE will link you to complete instructions on getting your MetaTrader4 Forex Trading Platform ready for Forex trading and our contests. You can also click on VIDEOINSTRUCTIONS for a link to make even easier to learn how to set up your MetaTrader4 Platform and get it ready for FX trading.



Step 4 - Begin Your Forex Trading Contest at the Set Time ONLY

It is important to keep in mind that after you have signed up for a Forex Trading contest, you must wait until theOFFICIAL START TIME. Every contest has its own start date and time, and trading CAN NOT begin until this time. You will be competing with other Forex Traders from all over the world, and from every time zone when you enter our Forex Trading Contests. Because of this we use a common time zone of GMT for all of our contests to start. The current GMT time can be found inside your MEMBER AREA and HOME screens on the site.
Once a Forex Currency Trading Contest has been started, you can login to your MEMBER AREA and find each contest you have applied for along with a login name and password to get you started. It is also important to keep in mind that this information will be visible at the same time for all others in the contest, which gives everyone the same advantage.



Step 5 - Start Trading

Once you have downloaded MetaTrader4, you can click on INSTRUCTIONS for information to help you configure your copy of MT4. You can then get started with our Forex Trading contests.
Be sure you follow the rules to your particular Forex Trading contest; many are different from one another and are subject to change up until the starting time of that contest.
Additionally, it is very important to comply fully with the TERMS AND CONDITIONS while trading in one of our Forex Contests. We want to ensure the fairness of the contests and that everyone follows the same rules and conditions. In this way we work to ensure that each client has the same advantages in our Forex Trading contests.



Step 6 - Procedures during our Forex Trading Contests

Each Forex Contest will have its Top Lists updated regularly while the contest is running live. You can use this information to evaluate your position and the reward you may expect if you keep this ranking until the close of the contest. Keep in mind that there may be a lag in Top List reporting accuracy due to the latency between live trading servers and web servers worldwide. These lists will be updated in shortest intervals as possible  to keep the reports as up to date as possible.
You must close out all of your currency pair positions and stop trading just before the contest ends. Although a FX trading account may still be working after a contest is finished, it does not mean that you are still allowed to trade after the contest ends. Under no circumstances will it be allowed that new positions can be entered after the contest is finished as this is a serious violation of our TERMS AND CONDITONSand will lead to a trader’s disqualification.



Step 7 - Evaluation

The final results of all contests will be published as soon as the final data has been processed by us. Before we publish the results of a contest we take the time to evaluate every trader’s trading data to make sure that they have complied with the contest rules and our TERMS AND CONDITIONS.
It usually takes only hours to process and publish the results of a contest, but in rare cases it may take up to 24 hours to publish a contest’s finalized results.

U.S stocks hit fresh highs on earnings, German data; Dow rises 0.32%

Solid German industrial out data and hopes for more better-than-expected earnings in coming sessions sent stock prices closing at fresh highs on Wednesday.

At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.32% at 15,105.12, the S&P 500 index rose 0.41% to close at 1,632.68, while the Nasdaq Composite index rose 0.49% 3,413.27.

Germany's industrial output, which includes manufacturing, mining, electricity and gas concerns, shot up 1.2% in March, the largest increase in a year and defying expectations for a 0.1% decline. 

February’s figure was revised up 0.6% from 0.5%.

The numbers bolstered hopes that the German economy, Europe's largest, may post better-than-expected growth rates for the first quarter.

During the October-December period of 2012, Germany's economy contracted by 0.5%. 

Official data released on Tuesday revealed that German factory orders climbed 2.2% in March, defying expectations for a 0.5% decline.

The news bolstered prices on Wall Street as did solid quarterly earnings hitting the wire.

Whole Foods Market and Electronic Arts issued guidance numbers that beat analyst forecasts.

Elsewhere, Chinese imports and exports rose more than expected in April, which supported stock prices.

China's exports rose 14.7% year-on-year last month, while imports grew 16.8%, bringing the country’s trade surplus to USD18.6 billion for the month, well above expectations for a USD15.05 billion surplus.

Leading Dow Jones Industrial Average performers included UnitedHealth Group, up 3.31%, Hewlett-Packard, up 2.73%, and Alcoa, up 2.55%.

The Dow Jones Industrial Average's worst performers included McDonald's, down 1.32%, Pfizer, down 1.07%, and Microsoft, down 0.93%.

European indices, meanwhile, finished higher.

After the close of European trade, the EURO STOXX 50 rose 0.56%, France's CAC 40 rose 0.89%, while Germany's DAX 30 finished up 0.83%. Meanwhile, in the U.K. the FTSE 100 finished up 0.40%. 

On Thursday, the U.S. is to publish the weekly government report on initial jobless claims.

Forex Trading Signal for 8 May 2013




                                                                                


Japan (Tokyo)                               United Kingdon (London)                        USA (New York)

For more easy access,,,,,,Download our mobile application on your mobile :   Click Fxsignals 













EUR/USD
Down Trend : SELL

 (1) SELL
E/P: 1.30881
T/P: 1.30600
S/L: 1.31200
 
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GBP/USD
Down Trend: SELL

(1) SELL
E/P: 1.54902
T/P: 1.54600
S/L: 1.55300


NOTE: The above posted Signals are delayed 2 - 4 hours after it has been  generated.
Daily forex signals are sent ontime to only our subcribers.

To subcribe: click here


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468x60

Forex Trading Signal for 7 May 2013




                                                                                


Japan (Tokyo)                               United Kingdon (London)                        USA (New York)

For more easy access,,,,,,Download our mobile application on your mobile :   Click Fxsignals 













EUR/USD
Down Trend : SELL

 (1) SELL
E/P: 1.30858
T/P: 1.30600
S/L: 1.31200
 
-->

GBP/USD
UP Trend: SELL

(1) SELL
E/P: 1.55484
T/P: 1.55000
S/L: 1.55684


NOTE: The above posted Signals are delayed 2 - 4 hours after it has been  generated.
Daily forex signals are sent ontime to only our subcribers.

To subcribe: click here


300x250

Forex - Dollar dives on surging German industrial output data

The U.S. dollar weakened against most major currencies on Tuesday after German industrial output data blew past expectations a day after factory orders did likewise in Europe's largest economy and fueled demand for risk-sensitive assets.

In U.S. trading on Wednesday, EUR/USD was up 0.58% at 1.3156.

Germany's industrial output, which includes manufacturing, mining, electricity and gas concerns, shot up 1.2% in March, the largest increase in a year and defying expectations for a 0.1% decline. 

February’s figure was revised up 0.6% from 0.5%.

The numbers bolstered hopes that the German economy, Europe's largest, may post better-than-expected growth rates for the first quarter.

During the October-December period of 2012, Germany's economy contracted by 0.5%. 

Official data released on Tuesday revealed that German factory orders climbed 2.2% in March, defying expectations for a 0.5% decline.

The string of good news out of Germany put to rest recent concerns that the European Central Bank may trim benchmark borrowing costs.

The European Central Bank recently cut interest rates by 25 basis points to 0.50.

German data suppressed expectations for further ECB loosening, which allowed the single currency to gain and bring other higher-yielding currencies up with it, which came at the dollar's expense.

Rising stock prices on Wall Street enticed investors out of the greenback as well.

The greenback, meanwhile, was down against the pound, with GBP/USDtrading up 0.35% at 1.5538.

The dollar was down against the yen, with USD/JPY down 0.10% at 98.91, and down against the Swiss franc, with USD/CHF trading down 0.51% at 0.9354.

The dollar was mixed against its cousins in Canada, Australia and New Zealand, with USD/CAD down 0.11% at 1.0034, AUD/USD down 0.19% at 1.0165 and NZD/USD trading down 0.90% at 0.8382.

The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, was down 0.46% at 81.98. 

On Thursday, the U.S. is to publish the weekly government report on initial jobless claims.