Hi any Mirian wanna learn to do forex as a part time side income can PM me thanks… for those who interested can directly PM me
For limited time only
24 Hour Market
Since the forex market is worldwide, trading is continuous as long as there is a market open somewhere in the world. Trading starts when the markets open in Australia on Sunday evening, and ends after markets close in New York on Friday.
Liquidity is the ability of an asset to be converted into cash quickly and without any price discount. In forex this means we can move large amounts of money into and out of foreign currency with minimal price movement.
Low Transaction Cost
In forex, typically the cost for a transaction is built into the price. It is called the spread. The spread is the difference between the buying and selling price.
Forex Brokers allow traders to trade the market using leverage. Leverage is the ability to trade more money on the market than what is actually in the trader’s account. If you were to trade at 50:1 leverage, you could trade $50 on the market for every $1 that was in your account. This means you could control a trade of $50,000 using only $1000 of capital.
Profit Potential from Rising and Falling Prices
The forex market has no restrictions for directional trading. This means, if you think a currency pair is going to increase in value; you can buy it, or go long. Similarly, if you think it could decrease in value you can sell it, or go short.
free charge ???
ah kong if you try demo acc for sure free of charge la…
yes i know demo account is free…
i mean the forex course which u will be charge is free or just join your affiliate ???
what do u teach ??? basic ???
candlestick???supply and demand ???support and resistant ??? elliot wave ??? fibo ???
it’s free if you join our platform we will guide you through the process, and teach you about risk management
we can lim teh
what platform using ??? i prefer mt4…
only risk management ???
i need to learn trading style…
WTI Crude Oil (NY Close): $99.70 // +0.30 // +0.30%
The spotlight has turned to the fourth-quarter US GDP figures into the week-end. Output is expected to expand at an annualized rate of 3 percent in the fourth quarter, marking the best performance since the three months through June 2010. Broadly speaking, a pickup in growth bodes well for the WTI contract in terms of an improved demand outlook, although crudes relatively mute price action over recent session casts doubt on the outcomes market-moving potential.
On the technical front, positioning is broadly unchanged from yesterday. Prices continue to consolidate above support at 97.70, with the first layer of resistance still at 101.28. A break lower exposes resistance-turned-support at the top of a falling channel set from mid-November, now at 96.37. Alternatively, a push higher initially targets the mid-November high at 103.35.
Euro: The euro continued to strengthen against the dollar during the Asian trading session after German Chancellor Angela Merkel stated that Europe should be united in protecting the stability of the euro currency. The EUR / USD pair recorded its daily high at the $1.3194 level. Positive dynamics for the euro were also supported by the results of the auction of government bonds of France and Spain, where the demand for French bonds was pretty much high. However, at the European session the euro currency suffered by dropping to $1.3085 lows after the head of the Euro group Mr. Junker noticed that negotiations regarding the Greek debt with investors are passing very hard.
The pair is trying to stay above Fibonacci 38% 1.30542.
Resistance: 1.33427, 1.37441, 1.41130
Support: 1.28800, 1.25667, 1.20280
The pair is aiming to the Moving Average (100) at 1.59962.
Resistance: 1.59962, 1.64274, 1.68504
Support: 1.52523, 1.48532, 1.43344
The pair had drawn Flag on daily graph. The end of the figure maybe at 1.34882.
Resistance: 1.33143, 1.34882 1.35984
Support: 1.31674, 1.30277, 1.28630
The pair has broken 1.58543 and reached Moving Average (500) which is the resistance level for the pair.
Resistance: 1.60322, 1.62050, 1.63316
Support: 1.58543, 1.56722, 1.54842
Feb. 20 (Bloomberg) – Hedge funds increased commodity bets to the highest in almost five months on signs that a rescue plan for Greece and faster U.S. growth will buoy demand as supplies shrink for everything from soybeans to copper.
Money managers boosted net-long position across 18 U.S. futures and options by 2.9 percent to 956,313 contracts in the week ended Feb. 14, the most since Sept. 20, government data show. Soybean wagers jumped 29 percent to a five-month high. Silver holdings rose for a seventh straight week, the longest advance in almost three years.
The Standard & Poors GSCI Spot Index of 24 commodities reached a six-month high on Feb. 17 as euro-area leaders expressed confidence that an agreement on a Greek bailout can be reached. Reports last week on U.S. housing and manufacturing beat analysts forecasts, and claims for jobless benefits dropped to a four-year low. Investments in raw-material futures have jumped 13 percent this year, exchange data show.
We are seeing confidence return to the market, said James Paulsen, 53, the Minneapolis-based chief investment strategist at Wells Capital Management, which oversees about $330 billion of assets. The U.S. is doing well. Europe is trying to resolve its issues. Going forward, we will see commodities move up significantly.
Forex is freedom. Millions of people enjoy this freedom, independence and financial prosperity. Forex can give you what you’ve always dreamed of: your success will depend on you.