Tag Archives: High

Forex Trading Articles

Forex Strategy Trading Tips 3 Easy Tips on How to Select High Probability Trades

I’m writing this article after I spoke with one of my traders a few days ago and she was asking me about how to exactly to locate high probability trades to profit from the markets.

Forex strategy trading requires that you follow your trading plan, be disciplined, and only trade high probability trades.

Most Pro traders use simple strategies with strict money management to assist them to achieve their trading goals and profit consistently from Fx trading. In this part of my Forex strategy trading tips series I’ll be referring to 3 easy methods I use to help me select high probability trades.

Never opposed to the market current: Even though I do use many custom indicators and trading strategies, most of my trading is still based on basic trading principles. I always respect the overall trend and don’t attempt to go against it. I additionally respect strong support and resistance levels as they represent the region where demand and supply meet. The foreign exchange market is bigger than us and even when you have huge amount of money in your trading account it is just about impossible to ever manipulate the market and make it go your way.

Make use of the K.I.S.S Principle: The KISS principle stands for “keep it smooth and simple”. Among the best techniques for getting confused, commit mistakes, and throw money away is to utilize complicated trading strategies that you don’t really understand. I have been trading the markets for years and I still don’t use anything but very basic (but extremely powerful) trading strategies that enable me to produce the type of returns I expect from Forex trading. There’s a Forex myth that claims that “complex Forex currency trading systems are more effective and make more money than the simple trading strategies.” This is not always true. I know some very successful traders who don’t use more than a set moving averages and a MACD indicator to enter the market and cash in on it. So don’t forget regardless of what system or strategy you choose to use remember to keep it simple and running smoothly.

Concentrate on your trading strategy and plan & ignore all the “noise”: The Forex market is full of opportunities. There are millions of Forex robots, indicators, strategies, mentors, signal providers, etc… However, the real challenge is to filter the good guys from the bad guys and frequently all the noise coming from other traders or companies can distract you tremendously.

This happened to me initially when I first started. When I got started as an Forex trader I was trading with several professional Forex traders who all trade in many different ways. This made discovering my trading personally and my trading style very difficult. Nevertheless, I understood that if I wanted to become a professional trader I was going to need to perform analysis and trade based upon my own judgment, not someone else’s.

Therefore, I strongly believe that anybody who aspires to become a profitable trader needs to develop themselves as traders and trade based on their unique judgment (even if you use someone else’s trading system, you are the one that must make the system work!).

Over the next few days I will be teaching more Forex strategy trading tips straight out from my Fx trading vault.

To your trading success,

Jay Molina

Market Analysis

What to Look For When Comparing High Interest Money Market Accounts

Everyone wants to make the most out of their money, which is why high interest money market accounts are so attractive. Whether you’re saving for a child’s education, a new car or a down payment on a home, money market accounts are the ideal place for short-term savings. Money market accounts blend the best of savings, checking and certificates of deposit. Here’s what to look for when comparing money market accounts.

Take Your Search Online

It used to be that opening a money market account meant that you had to take whatever rate your local bank gave you. Today, thanks to the internet, nationwide branches and even online-only banks have made the rates for money market accounts even more competitive. There are plenty of websites that provide you with daily rates, as well as ratings, terms and more information, letting you choose between dozens of high interest money market accounts to find the one that suits your needs and financial goals.

Security and Safety

Once you’ve started to compare high interest money market accounts, chances are you’ll find very different requirements. Beyond the numbers, you’ll want to check for a high rating from well known rate comparison sites like Bankrate.com. Sites that have earned this rating have been deemed safe, secure and reliable for online and offline banking. Because money market accounts aren’t subject to the volatile changes of the stock market, they are a great short-term saving solution for anyone who’s looking for low-risk, but still want the flexibility of being able to access their funds.

Get Rewarded!

Banks provide high interest money market accounts as a way to reward loyal customers for their business. Some banks provide high interest on this type of account with only a $1,000 minimum balance, where the interest you earn is compounded daily and added to your account every month.

No matter which of the many high interest money market accounts you ultimately invest on, you can feel secure knowing that you’ll be able to manage your account online, just as you can with your savings and checking account. This kind of flexibility lets you transfer money between your money market account and other bank accounts (even if they’re at other financial institutions), write a set number of checks each month and even link your money market account to other accounts for added overdraft protection.

By keeping these tips in mind, you’ll be able to go beyond the numbers of high interest money market accounts and leverage the many advantages that these types of accounts offer in helping you reach your short term financial savings goals.

General Business

Monthly Import And Export a New Record High

Leave a comment

BEIJING, July 10 from 10 points in China General Administration of Customs released the first half of this year China’s foreign trade imports and exports. According to customs statistics, from January to June China’s import and export value of 1.35488 trillion U.S. dollars, than the same period last year (the same below) increased 43.1%. Exports 705.09 billion U.S. dollars, up 35.2%; imports 649.79 billion U.S. dollars, up 52.7%; trade surplus was 55.3 billion U.S. dollars, down 42.5%. Data show that China’s import and export value of the month in June 254.77 billion U.S. dollars, up 39.2%. Of which exports 137.4 billion U.S. dollars, up 43.9%; imports 117.37 billion U.S. dollars, up 34.1%. Customs statistics show that in June, China’s monthly export value and export value were refreshing in July 2008 in the historical record, are a record. From the chain point of view, import and export in June this year, the chain than in May increased by 4.4%; exports rose 4.3%, Central, Central, imports rose 4.6%.

Major trading partner with bilateral trade, the customs statistics, bilateral trade between China and the EU 219.42 billion U.S. dollars, up 37.2%. Bilateral trade with the United States was 171.99 billion U.S. dollars worth, up 30.2%. ASEAN, Japan by a narrow margin over again become our third largest trading partner. In the first half, China’s bilateral trade with Japan was 136.55 billion U.S. dollars worth, up 37%. Among them, China exported 55.11 billion U.S. dollars in Japan, up 25.2%; from Japanese imports 81.44 billion U.S. dollars, up 46.3%; on the Japanese trade deficit of 26.33 billion U.S. dollars, an increase of 1.3 times. Over the same period, bilateral trade between China and ASEAN totaled 136.49 billion U.S. dollars, up 54.7%. Among them, China’s exports to ASEAN was 64.6 billion U.S. dollars, up 45.4%; from ASEAN imports 71.89 billion U.S. dollars, up 64%; of the Association of Southeast Asian Nations trade deficit of 7.29 billion U.S. dollars, while the trade surplus in 2009 compared to 600 million U.S. dollars. In addition, Brazil ranks tenth largest trading partner of China. In the first half, China’s bilateral trade with Brazil was 26.39 billion U.S. dollars worth, up 60.3%. Among them, I exported 10.32 billion U.S. dollars to Brazil, up 1 times; imported 16.07 billion U.S. dollars from Brazil, up 41.1%; deficit of 5.75 billion U.S. dollars to Brazil.

Market Analysis

Dearness Means High Quality

Leave a comment

Nowadays, more and more people are tending to take Wave Front LASIK surgery, which is one of the most advanced eye correction methods. Patients can almost regain their natural perfect visions after the surgery. However, not all eyeglass wearers are suitable to receive Wave Front LASIK surgery. Delicate laser beam is used in the correction of visions. Since the day when it comes into being in 2002, Wave Front LASIK surgery has gained much popularity. A computer, with 3-dimensial pictures, is used in the process of operation. For example, the computer will make an analysis of the patient’s eyes in 3-dimensial pictures. Then the doctors will know what the eye problems are and where to operate on.

According to the specific conditions of the eyes, doctors will design different methods for each patient. Some eyes problems, as nearsightedness, farsightedness, astigmatism that can not be cured completely in the past, now can be solved perfectly with the latest technologies.

Comparatively speaking, LASIK surgery is much expensive than other methods, and patients have to pay over $1,500 for each eye. Still more, the cost of Wave Front LASIK surgery is much higher than common LASIK surgeries, and patients have to pay over $3,000 for each eye. The reason is that LASIK surgery is the result of the latest technologies and patients can regain their perfect visions after the surgery. People who are interested with Wave Front LASIK surgery can have consultations with their local eye doctors, so as to have very specific ideas and comprehensive knowledge of this surgery and other LASIK surgeries.

The price matters very much. But if people can afford the cost Wave Front LASIK surgery, they are suggested to receive Wave Front LASIK surgery for perfect visions.

General Investing

Investment With High Return: Setting up a Financial Future For Young People

Leave a comment

The most effective time for anybody to put capital into something is when they are young. Not simply do you have sufficient time to watch your investments grow, but you have enough time to devote on exploring the ideal probable investment tactics your money can buy. You’ll find aspects that you’ll want to conserve for when you are young, and as an alternative to lose out on the good details in life, think about placing the cash that you have now to work for your hopes and dreams. Everything, from a high yield investment, to a balance and safeguard monetary product can help you reach for aspects like marriages, household purchases, and also retirement. Bear in mind, it’s never too early to start saving for the long term.

For a number of young families, investing can be quite a complex and bewildering matter. You will discover various unique products these days for you to settle on from, also it can occasionally be overpowering if you are actually trying to look into the choices. It can be because of this that you ought to examine obtaining the aid of a specialist before you decide to throw any cash into an investments with high returns. Specialists have the knowledge you do not have, plus they can put that experience to work to help you get the best investment strategies available to help you reach your last ambitions. Make sure, however, you get an agent or other qualified which will pay attention to what you look for and one you could talk to. Having the ability to work with the individual that you decide on is a large issue over time.

An additional point to keep in mind when you are investment is the need to diversify the objects that you invest in. Help make sure that not all your funds are going straight into what is known as a high yield investment. Maintain some of the money that you are investing in factors that will assure returns to you regardless of what the market is doing around it. When you use a brokerage, they are able to provide you with various bundles that are already diverse. Make sure to look over these, because they might offer you a basic way to bust into the world of investment strategies.

The monetary world is extremely puzzling, so make sure to keep these aspects in mind if you find yourself able to step up and prepare for future years. Not only will you have the ability to enjoy the benefits of investing, but you will be able to tell which ventures with high returns that you should think about, and which you need to stay away from. Brokers can help you learn what you want to know, and they could offer knowledge that you cannot come across elsewhere. Bear in mind, preserving is not unattainable, so learn everything you could and step into the field of financing today.