StefGrig

Allready invited to a Hallowen PArty.... Can't decide what to wear?! any suggestions?..

Thx for info, skylady.... I will check it too...

Yes, loool I know that.... Many fellt in this trap, because saw this exchanger on AlertPay site. And another thing, try to read the FAQ from AlertPay site, that they are not accepting exchangers..

Wrong.... again dropped from the sky... Next will be Austin...

Just dropped from the sky.... :P Next will be Hula...

Hey, guys. Many of my friends were scammed by IncrementalGold with hundreds of dollars, when they tried to buy AP with other currencies. So beware. Better find a particular person that you can trust.

Today and average person can learn forex trading. The sale or trading of currency is at the heart of what forex is all about. As exchange rates fluctuate and the economies of countries go up and down, these investments in cash behave in value very much like the regular stock market. When you are in the Forex trading market you will find it operates 24 hours a day giving you access to trades when ever you want. Unlike with other markets, such as the stock exchange, you can continue dealing with the currency trading market without worries over it closing at the end of the day. The beauty of forex websites is that they allow you to monitor the market in real time when ever you choose. This really helps in the learning process. You'll also be provided with tools that will help you understand the mechanics of trading. This is a clear advantage because you can hone your trading skills before laying down your own money in the market. When you think of it, the forex firms are training you to become skilled at trading for free by providing guidance, demos and news at no additonal cost. It won't take long to feel comfortable in trading. Soon you'll be making money investing as little as $300. Thanks to the internet, learning the currency market has made it easier for even a regular guy to successfully earn money. Currency representatives, called forex brokers, will most likely provide you with access to the forex market. Similar to stock brokers, forex brokers are there to help. They can consult with you and provide market information and trading strategies. The advice extends to everything needed to become successful trading forex which includes technical analysis and fundamental analysis data. It is only natural that large financial institutions try to monopolize the market because it provides such a solid return on investment. Profitable results are there for the taking even for an individual investor with a few dollars, because of the easy access to the internet. As I stated earlier, the online forex companies have been making powerful free tools available to educate and improve the knowledge of new investors. The best way to choose a forex broker is to decide on what you need at the moment. Many forex internet sites provide a bevy of tools for the beginning trader including detailed research, online trading simulators, and expert technical advice. You will find that some sites offer access to experienced professional forex traders that make themselves available for questions and advice to forex traders at various skill levels. All of these tools are available to beginners to try out. While many people who actively trade today have had to learn to use the tools available on the internet in the midst of doing business, these tools will be second nature to those who will come after them. Future generations of forex traders will know how to use the full power of forex trading tools that are available to them and they will be the most powerful group of investors that any economy in any market has ever seen.

Price charts help traders identify trade-able market trends - while technical indicators help them judge a trend's strength and sustainability. If an indicator suggests a reversal, confirm the shift before you act. That might mean waiting for another period to confirm the same indicator's signal, or checking out another indicator. Patience will help you read the signals accurately and respond accordingly. Types of Moving Averages One of the most widely used indicators, moving averages help traders verify existing trends, identify emerging trends, and view overextended trends about to reverse. As the name suggests, these are lines overlaid on a chart that "average out" short-term price fluctuations, so you can see the long-term price trend. A simple moving average weighs each price point over the specified period equally. The trader defines whether the high, low, or close is used, and these price points are added together and averaged, forming a line. A weighted moving average gives more emphasis to the latest data. It smoothes out a price curve, while making the average more responsive to recent price changes. An exponential moving average weighs more recent price data in a different way. An exponential moving average multiplies a percentage of the most recent price by the previous period's average price. Finding the best moving averages and period for your pair It can take a while to find the best combination of moving average and period length for your currency pair. The right combo will make the trend you're looking for clearly visible, as it develops. Finding that optimal fit is called curve fitting. Usually traders start by comparing a few timeframes for their moving averages over a historical chart. Then you can compare how well and how early each timeframe signaled changes in the price data as they developed, then adjust accordingly. When you've found a moving average that works well for your currency pair, you can consider this as a line of support for long positions or resistance for short positions. If prices cross this line, that often signals a currency is reversing course. Here's an example: Longer-term moving averages define a trend, but shorter-term MAs can signal its shift faster. That's why many traders watch moving averages with different timeframes at once. If a short-term MA crosses your longer-term MA, it can signal your trend is ending - and time to pare back your position. Stochastics Stochastic studies, or oscillators, help monitor a trend's sustainability and signal reversals in prices. Stochastics come in two types, %K and %D, measured on a scale from 0 to 100. %K is the "fast", more sensitive indicator, while %D is "slow" and takes more time to turn. Stochastic studies aren't useful in choppy, sideways markets. In these conditions %K and %D lines might cross too frequently to signal anything. Relative Strength Index (RSI) Like stochastics, RSI measures momentum of price movements on a scale of 0 to 100. Always confirm RSI signals with other indicators. RSI can remain at lofty or sunken levels for a long time, without prices reversing course. All that means is that a market is quite strong or weak - and likely to stay so for a while. Adjust your RSI to the right timeframe for you. A short-term RSI will be very sensitive and give out many signals, not all of them sustainable; a longer-term RSI will be less choppy. Try to match your RSI timeframe to your own trading style: short-term for day traders, longer-term for position traders. Divergences between prices and RSI may suggest a trend reversal. Of course, make sure you confirm your signals before acting. Bollinger Bands Bollinger Bands are volatility curves used to identify extreme highs or lows in price. Bollinger Bands establish "bands" around a currency's moving average, using a set number of standard deviations around the moving average. Creator Jon Bollinger recommends the following: Touching a high or low band doesn't necessarily mean an immediate trend reversal. Bollinger Bands adjust dynamically as volatility changes, so touching the band just means prices are extremely volatile. Use Bollinger Bands with other indicators to determine the trend's strength. MACD - Moving Average Convergence Divergence Developed by Gerald Appel, MACD (pronounced "Mac-Dee") plots the difference between 26-day and 12-day exponential MAs. A 9-day MA serves as a trigger line: when MACD crosses below the trigger, it's a bearish signal; when MACD crosses above the trigger, it's a bullish signal. If MACD turns positive and makes higher lows while prices are still tanking, this could be a strong buy signal. Conversely, if MACD makes lower highs while prices are making new highs, this could be a strong bearish divergence and a sell signal. Fibonacci Retracements Fibonacci retracement levels are a sequence of numbers discovered by the noted mathematician Leonardo da Pisa in the 12th century. These numbers describe cycles found throughout nature; technical analysts use them to find pullbacks in the currency market. After a significant price move, up or down, prices often "retrace" most or all of the original move. As prices retrace, support and resistance levels often occur at or near the Fibonacci Retracement levels. For currencies, that means retracements usually happen at 23.6%, 38.2%, 50% or 61.8% of the previous move. by Technical Analysis .

Fundamental analysis studies the core underlying elements that influence the economy of a particular entity, like a stock or currency. It attempts to predict price action and trends by analyzing economic indicators, government policy, societal and other factors within a business cycle framework. If you think of the markets as a big clock, fundamentals are the gears and springs that move the hands around the face. Anyone can tell you what time it is now, but the fundamentalist knows about the inner workings that move the clock's hands towards times (or prices) in the future. Are you a technician or fundamentalist? There's a tendency to pigeonhole traders into two distinct schools: fundamental or technical. In fact, most smart traders favor a blended approach versus being a purist of either type. Fundamentalists need to keep an eye on signals derived from price charts, while few technicians can afford to completely ignore impending economic data, critical political decisions or pressing societal issues that influence price action. Forecasting economic conditions using models Fundamental analysis is very effective at forecasting economic conditions, but not necessarily exact market prices. Studying GDP forecasts or employment reports can give you a fairly clear picture of an economy's health and the forces at work behind it. But you still need a method to translate that into specific trade entry and exit points. The bridge between fundamental data and a specific trading strategy usually comes from a trader model. These models use current and historical empirical data to estimate future prices and translate those into specific trades. Beware of "analysis paralysis" Forecasting models are both art and science, with so many different approaches that traders can get overloaded. It can be tough to decide when you know enough to pull the trigger on a trade with confidence. Many traders switch to technical analysis at this point to test their hunches and see when price patterns suggest an entry. Look for fundamental drivers first The fundamentals include everything that makes a country and its currency tick. From interest rates and central bank policy to natural disasters, the fundamentals are a dynamic mix of distinct plans, erratic behaviors and unforeseen events. That said, not every development will move a country's currency. Try to start by identifying the most influential contributors to this mix versus following every fundamental out there. by Fundamental Analysis.

As you get familiar with the Forex market, you'll notice most people don't speak in terms of profit, but in terms of "pips". You may feel uncomfortable with this notion at first (I was), but it is important to understand it. P.I.P. stands for "Percentage In Points". This is a convenient way to express your activity, whether it's a profit or a loss. A pip is the smallest movement of a currency. For example, in the EURUSD pair, a move from 1.5875 to 1.5876 represents 1 pip. Most pairs are quoted with 4 decimals (1 pip = 0.0001), at the exception of the JPY which is quoted with 2 decimals only (1 pip = 0.01). Please be free to share with us your experience, ideas and knowledge....

Before we start talking about how we can make profit trading Forex, it'd be a good idea to define precisely what we are talking about... You probably have already made exchanges between several currencies. I, for example, have often loaded a debit card in US dollars to withdraw at the ATM in Euros. And each time, the final amount I am able to withdraw depends on the value of the Euro compared to the US Dollar. 100 USD may not be worth the same amount in Euros today and tomorrow... Well the Forex market is exactly about this: the value of one currency against an other... You buy or sell a currency depending on the value you expect it to have compared to an other currency. These are called currency pairs. Important: Manual forex trading is a difficult activity. During your learning period, ALWAYS trade on a demo account (where no real money is at stake). And if you do not feel confident enough, or if you do not have the time to trade seriously, have a look at the auto trading thread for some tools that do not require you to trade by yourself. All that I said above, it's just a small fraction of the entire forex basics for a forex beginner. For more information just check a great informative site about Forex, that I recommend for "Noobs like us", called: http://www.babypips.com/ especially check the lessons from the section "School" : http://www.babypips.com/school/ Please be free to share with us your experience, ideas and knowledge....