Forex Exchange and Wall Street - A Short And Sweet Journal

By Jim Glover

A large number of commercial companies are actively involved in the Forex market. About twenty-five percent of large corporations hedge against currency fluctuations in this manner.

For an US based company, when the dollar is strong during their reporting period, accounting for its foreign earned revenue can result in a negative performance. That's because foreign-currency denominated revenue will exchange for fewer dollars when converted and reflect negatively for the accounting period. Having a Wall Street Journal subscription will help find this data.

By some estimates, five to ten percent of Forex activity is the result of pure hedging activity by governments and business. The rest of trading activity is blatant speculation.

The foreign exchange markets have been the playground of governments, corporations, banks as well as high-profile traders such as Warren Buffet and George Soros. Many speculators have made consistent net profits. For instance, George Soros "broke the Bank of England" by shorting the pound and walked away with a cool $1-billion profit in a single day.

Currencies are traded 24 hours/day. Since every country has different times the hours when the currencies are most liquid coincide with their daylight hours. The heaviest activity occurs in New York from Wall Street.

Make money in Forex is made by having a formula that predicts price movements of a currency pair. Have an exit strategy that is effective can capture a profit often a few times a day.

Day traders move in and out of trades several times a day capturing a portion of the profit. Large Wall Street companies employ thousands of professional traders that take advantage of daily fluctuations.

There are many financial news services to choose from. The Wall Street Journal's reputation for acute accurate market coverage is legendary. In order to stay abreast of the constantly changing financial landscape, it pays to subscribe to the Wall Street Journal. - 23159

About the Author:

Finding current financial information that you can trust as well as profit from on is paramount to investors. Secure a Barrons subscription or buy Wall Street Journal subscription now. Barrons, Investors Business Daily and the Wall Street Journal deliver honest, no-fluff news and analysis. Get ahead of the line.

Bank CD Rates Give You Very Little Return

By Pete Veslick

Low interest rates help those that are trying to buy a home or a new car, but they hurt anyone who has money to invest. With low interest rates being the norm for so long now, anyone who has to rely on interest income is in a very bad position as it looks like nothing will change for quite some time.

There are risky investments such as stocks and then there are safe investments such as certificate of deposits. People who want safety usually put their money in CDs where they will get a guaranteed rate of return but right not that return is very little. This hurts people like seniors because many of them rely on that interest income to pay some of their bills. It is older people who need safety that traditionally have much of their money in what are now very low paying interest CDs.

The best CD interest rates might not be found at your local bank or even the bank in the city nearest you. The Internet and Internet banking have allowed people to search for the highest yields online and invest their money in places never thought of before. It used to be that you had few choices when buying bank CDs or money market accounts. You could walk in to any of the local city banks and see which ones had the best rates. That was it. Sometimes you might find a bank that was doing a promotion and giving a quarter or half point higher than all the other banks just to get the business.

By looking on the Internet you will be able to find banks that give the best rates and maybe even ones that have promotions for an extra quarter point or so. You need not worry that you might be sending your money to an institution that is in another state or even clear across the country. You will be able to electronically transfer the money to them and so it doesnt matter where the bank is physically located. However, take note that even the highest rates you will find online are still very low compared to a handful of year ago.

One thing to be careful about is that if you have a certificate of deposit that is about to mature, you should try to open up a new one instead of letting it roll over. Many banks will not automatically give you the highest rates available when they roll over your maturing CDs and the only way you can get the best rates is to open up an entirely new CD. This is an inconvenience but it is one you have to live with if you want to continue to get the best rates that are offered. - 23159

About the Author:

Do you want to learn about getting the best no risk CD rates? Please go to my website Interest Rates On CDs to learn more.

Online Stock Trading Software Analysis

By Reginald Shiver

Are there any lucrative and authentic online Forex trading software and where can you download them? Having examined several currency trading systems and software, I have started to understand that majority of them are not profitable over the long term even though their systems' reasons makes perfect sense. They are usually concealed as some influential method and software by intelligent dealers who look to make high proceeds by selling them to naive traders.

However, there are a few authentic Forex programs and software that are really valuable and work to create money in the long term. Their owners usually provide useful lifetime maintenance to update their clients about the hottest market trends.

1. How to Make Bucks with an article of Genuine Online Forex Trading Software?

A few of the best currency devices comprise software that can assist its users study market styles and also creates deals and makes money mechanically for its users. The entire package that I use offers me with a basic education on forex trading and what I need to do to get started earning money from currencies business. It should give you a precise understanding of Forex trading and even introduce you to a complete host of tools and software that can make your business techniques simpler.

2. What Are the Most Common disadvantages of Online Forex Trading Software?

Nearly all programs and systems will require their users to understand and study complicated technical diagrams and conditions unnecessarily. These complicated investigations courses can generally be eradicated with the right trading techniques and software programs. These are the perfect kind of devices that generate huge financial organizations huge profits daily, and traders globally are constantly looking for the most profitable Forex software. I presently use a software program also known as an Expert Advisor that earns me income constantly each single month. - 23159

About the Author:

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Trading Strategy - Ascending Triangles Downside Breakout

By Jeff Cartridge

The ascending triangle chart pattern is a very well known pattern that has been used by many successful traders over the years on the long side, but is not always traded short. An ascending triangle is formed when the price action is contained within two lines. The top line is close to horizontal while the bottom line slopes up towards the top line.

Ascending Triangles Can Be Profitable Short

Ascending triangles are definitely not one of the most predictable patterns that are available to trade short. With just 36% of the patterns breaking down ascending triangles also don't deliver good returns when they do. The average drop is 0.31% in 9 days with about half of the breakouts (44%) being profitable. These results aren't great, but selecting the right conditions can make trading ascending triangles better.

Specific Setups to Improve Profitability

When you look at the performance of an ascending triangle in bearish market conditions you will see the results were stronger than they were in more bullish years. Despite this the pattern works the best at turning points, which occur when the stock and the market are in an up trend or consolidating. The sector should be falling or consolidating to make the best profits.

A breakout from an ascending triangle is best if it occurs later in the pattern, in fact all the way to the point of the pattern is good, but not near the start. The best trades occur when a down side break occurs after the stock bounces off the lower boundary and drops back before hitting the upper boundary.

If volume supports an ascending triangle breakout then the profitability of the trades improves. For volume to support the breakout, volume when the stock is going down should be greater than volume when the stock is going up.

Short Trading Ascending Triangles Can Be Profitable

Following a series of simple rules to determine which ascending triangle to trade can improve results dramatically. By applying these filters ascending triangles are profitable on 52% of the trades and return an average of 1.07% per trade in 10 days. This is a profitable pattern to trade.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23159

About the Author:

Jeff Cartridge is a private trader and created the website LearnCFDs.com A Simple Timeless Method for Huge Gains

Tips for Trading Descending Triangles Short

By Jeff Cartridge

Descending triangles are not so popular with traders on the long side and are best traded when it breaks in the downward direction. A descending triangle is defined by two lines, one on the lower boundary of the price movement which is horizontal and one on the upper side which slopes down.

Descending Triangles Best Traded Short

Descending triangles are one of the most predictable patterns that are available to trade short. With 57% of the patterns breaking down descending triangles can deliver good returns when they do. The average gain is 0.92% in 9 days with about half of the breakouts (45%) being profitable. These results are good but selecting the right conditions can make trading descending triangles very attractive.

Specific Setups to Improve Profitability

A break to the downside works better in a falling market or sector environment. By using filters that require the market to be in a consolidation or a down trend you can improve the results. The sector should also be in a down trend for the best results. Strangely a sector that is in a down trend at the beginning of the pattern produces better results than a sector in a down trend when the breakout occurs.

Breakouts can occur anywhere along the length of the descending triangle pattern. Another key to picking successful short breakouts from descending triangles is to look for a turning point up from the lower boundary that fails to reach the upper boundary and then falls away.

If volume supports a descending triangle breakout then the profitability of the trades improves. For volume to support the breakout, volume when the stock is going down should be greater than volume when the stock is going up.

Descending Triangles Extremely Profitable

You can improve your trading results by using a series of simple filters that have been outlined here. This select group of descending triangles delivers an average profit of 2.55% in 10 days and is profitable on 48% of the trades. Overall this makes descending triangles extremely attractive to trade.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23159

About the Author:

Jeff Cartridge is a private trader and created the website LearnCFDs.com Discover Patterns of Success