Posted by admin on December 15, 2011 under How To Forex | 
Traders in the foreign exchange market buy and sell currency to try to make profit. There are two prices for currency: the buy price, called the “BID”; and the sell price, called the “ASK”.
The difference between the “bid” and the “ask” is called the “spread”. The spread represents the difference between what the market maker gives to buy from a trader, and what the market maker takes to sell to a trader.
For example: the EUR/USD bid/ask rate is 1.2100/1.2200. The market maker gives $1.21 when buying from the trader, but takes $1.22 when selling to the trader. If traders buy and sell immediately without any change in the exchange rate, they lose money. This happens because of the spread – traders pay more to buy the currency than they receive when they sell in that one moment.
In fact, the spread is the leading source of income for the market maker. Like any other market, the merchant will buy at one price and sell at a higher price.
Posted by admin on under Forex Knowledge |
The Bretton Woods Agreement, established in 1944, fixed national currencies against the dollar, and set the dollar at a rate of 35USD per ounce of gold. In 1967, a Chicago bank refused to make a loan in pound sterling to a college professor by the name of Milton Friedman because he had intended to use the funds to short the British currency. The bank’s refusal to grant the loan was due to the Bretton Woods Agreement.
This agreement aimed at establishing international monetary steadiness by preventing money from taking flight across countries, and curbing speculation in the international currencies. Prior to Bretton Woods, the gold exchange standard – dominant between 1876 and World War I – ruled over the international economic system. Under the gold exchange, currencies experienced a new era of stability because they were supported by the price of gold.
However, the gold exchange standard had a weakness of boom-bust patterns. As an economy strengthened, it would import a great deal until it ran down its gold reserves required to support its currency. As a result, the money supply would diminish, interest rates escalate and economic activity slowed to the point of recession. Ultimately, prices of commodities would hit bottom, appearing attractive to other nations, who would sprint into a buying fury that injected the economy with gold until it increased its money supply, driving down interest rates and restoring wealth into the economy. Such boom-bust patterns abounded throughout the gold standard until World War I temporarily discontinued trade flows and the free movement of gold.
The Bretton Woods Agreement was founded after World War II, in order to stabilize and regulate the international Forex market. Participating countries agreed to try to maintain the value of their currency within a narrow margin against the dollar and an equivalent rate of gold as needed. The dollar gained a premium position as a reference currency, reflecting the shift in global economic dominance from Europe to the USA. Countries were prohibited from devaluing their currencies to benefit their foreign trade and were only allowed to devalue their currencies by less than 10%. The great volume of international Forex trade led to massive movements of capital, which were generated by post-war construction during the 1950s, and this movement destabilized the foreign exchange rates established in the Bretton Woods Agreement.
1971 heralded the abandonment of the Bretton Woods in that the US dollar would no longer be exchangeable into gold. By 1973, the forces of supply and demand controlled major industrialized nations’ currencies, which now floated more freely across nations. Prices were floated daily, with volumes, speed and price volatility all increasing throughout the 1970s, and new financial instruments, market deregulation and trade liberalization emerged.
The onset of computers and technology in the 1980s accelerated the pace of extending the market continuum for cross-border capital movements through Asian, European and American time zones. Transactions in foreign exchange increased intensively from nearly $70 billion a day in the 1980s, to more than $1.5 trillion a day two decades later.
Read more about the history of gold trading.
Posted by admin on July 24, 2011 under Forex Knowledge |
Sitting on one of AGL’s main fiber backbones, The Data center operates a metro Ethernet ring based on Extreme Networks 10 Gig technology. It has Sonet-like EAPS implementation for sub 50 ms re-route times, utilizing Ethernet for efficient and affordable equipment connectivity. The ring is currently lit at 10 gig. With redundant Cisco BGP routing and switching infrastructure with cold spares our networks allow for possible equipment failures with no interruption of service. We also enjoy direct connectivity to the 56 Marietta St. TelX building in Atlanta. 56 Marietta is home to the third-richest fiber network hub in the US, giving us convenient access to every major telecommunications provider in the country.
Posted by admin on under FX trading |
All Forex Trading VPS servers are located in Atlanta’s newest large-scale datacenter and the disaster recovery center. Transformation of the state of the art warehouse – the facility is built with massive steel beam frame and rebar enhanced 4 inches of solid rock poured concrete roofs and no windows.
Power is power and protection from double-Fed Although redundant parallel power supply system, equipped with an additional full surround around the extra redundancy (we can take off any type of internal maintenance without losing the power facilities and systems). The UPS system is a state of the art multiple generators operating in parallel format in the N 1 backup generator system. These are computer controlled and automated. Fed Generator tanks 150 gallon one day from our 12,000 gallon reserve tank redundant pump. The system adopts the most advanced by Cummins turbocharged generators and digital fuel management system and by the simple Veeder root.
Datacenter floor itself is equipped with temperature sensors continuously monitoring facility conditions and make adjustments strategic position. Alarm conditions and the tolerance of direct management of the PDA to send e-mail alerts. This system controls the water through the cooling tower fan speed and airflow rate through the pump flow. This can save energy and ensure that the system is operating at peak performance around the clock. The system also monitors and records all electrical activity within the facility, and send event notification.
In our Atlanta location is unmatched security. A 10-foot razor fence, keycarded entrance, security systems, including redundant security camera servers, biological fingerprint scanning, and well-trained of security guards.
Forex Trading VPS Official Website：ForexVPS
Why use trading with forex-vps？
Posted by admin on May 23, 2011 under Forex Books |
This books has very good information. it‘s professionally books of Forex.
Posted by admin on under Forex Books |
A Guaranteed Income for Life – How to Trading Foreign Exchange
How to Make a Living Trading Foreign Exchange puts the world of Forex at your fingertips. Author Courtney Smith begins with an introduction to the Forex market-what it is and how it works. He then delves into six moneymaking techniques for trading Forex, including his unique Rejection Rule that doubles the profit of basic channel breakout systems. In addition to two specific methods for exiting positions at critical levels, Smith also discusses powerful risk management techniques and successful trading psychology strategies that will keep you one step ahead of the game.
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This book contains some solid forex systems that do make money in the long run, no doubt about that. Even though the author only reveals the backtest of the powerful Conquistador system, most of the other winning trading setups (like the new Donchian system) have been fully backtested elsewhere.
This book is also full of extremely clever trading ideas that did make a huge difference in my daily trading.
So buy it, use it, profit from it, this “just meat and potatoes” forex book definitively belongs to your trading library.
Posted by admin on March 31, 2011 under Easy Forex online |
Weekly forex market review by Easy-Forex online- Updated weekly
Type: Forex Weekly Outlook Size: Custom Language: English
Posted by admin on under Easy Forex online |
Forex Daily Outlook
Daily forex market review by Easy-Forex – Updated daily
Type: Forex Daily Outlook
Size: Custom
Language: English
Posted by admin on under Easy Forex online |
Free Forex eBook – English
Complete Forex manual with detailed examples. Opens in a new window.
Type: Forex eBook – English
Size: Custom (800×600)
Language: English
Forex eBook – Read and Learn
Posted by admin on under Easy Forex online |
Live Currency Converter
Give your visitors currency exhange on the fly
Type: Live Currency Converter
Size: Custom
Language: English
