Wednesday, February 27, 2008

Base Technique Analysis of Elementary *part I


News…News…..News…your require news

of basal analysis is information. Information which quickly, many and from trustworthy sources. Where information which you can use to analyse to movement of currency, that is coming from :

1.Instansi a[n state. You need policy soybean cake – policy of government in this time to issue – Economics issue, growth of Politics, Social and it is of course issue – Security issue.


2. Media Print, E – Media, and Television. You feel in era in this time, very easy to get news. My suggestion to get to news quickly is by follow some milis which studying concerning economicses of United States state as well as bevy milis all trader in indonesia * Register your enamel lah with local media a[n state, especially United States state, Europe and English, and it is of course register also your enamel to situs – Forex situs to get to news which later will be sent [by] lansung to your mail Ad for lah wake up morning, see television event lah loading concerning news – economic news and issue – important issue from an state * And still many possible other ways is you can find later along with time. Of so much many informations which you accept every day him, you will be able to find a or pattern of tren which now again in cermati from a[n state. Of pattern – news or pattern which you accept you can do analysis basally to know to movement of currency. Ambilah a example [of], when in july 2006 government of israel attack libanon. Is so that pursued by him of pasokan crude oil to whole world and this matter cause the price of raw him of world go up until will come near USD 80 per barrel. Increase of price of this him, causing the going up of exchange rate to dollar.

3. Analysis a expert or consultant. Though you is a expert is you also there is obliged to to listen expertly – ad for other economics when conversing, though that oppose against your patterned thinking even if. Use lah idea of them as your consideration in analysing a[n movement of currency, it is of course for the purpose of patterned thinking from all expert do not influence your own patterned thinkings as determinant of decision.





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EUR/USD, 20 days later: Breakout or bounce?


A couple weeks ago, Wade posted an article about the EUR/USD, and asked you to speculate whether the chart showed a triple top, or an ascending triangle. (http://www.pfxglobal.com/index.php?o...091&Itemid=188)

The results were mixed, as you might imagine, but the bias was toward a triple top, 11-7 by count in the post at this forum. The best prediction was SeekingLight, who said: "I suspect a fourth touch and retrace then breakthrough/new high, exhaustion, gasp, descent."


Like Wade and SL said, there was the touch and retrace, and now we are left to consider more closely a breakthrough and a new high (a descent after the high is another story for now :)

Fast-forward to today, and we see a Pair at a Crossroads. Right now, it looks a lot more like an ascending triangle. A fibonacci retracement study tells us we're in for a bounce off resistance for the short term, but the bias is, in my opinion, still very much long.

Let's talk about the charts below. I'm planning for a short term bounce off resistance at 1.490 at the 0% fib line, followed by a quick bounce off support to complete that ascending triangle, followed by a break out of the pattern to the long, up to 1.500.

Don't be surprised though to see the breakout come without one more bounce off of resistance. That's why, as a new trader, I keep my positions long-term and avoid trying to trade those short moves. I may miss some of the quick profits, but I also avoid the hard losses.

Whether you agree or not, the next few days are going to be key for the EUR/USD, as that channel is getting ever tighter.

Check out more of our videos, education and analysis at www.PFXglobal.com. It's all 100% free!





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London Gold restruktur of price champion


LONDON: Price Gold in London yesterday went up came near highest champion, in the middle of speculation will weaken ACE dollar exchange rate him. This Condition is estimated push investor buy up that commodity alternatively invesment besides obligation and share. Gold price have mounted till 14% in this year and at last week have time to reach champion on course US$953,91 per ounce, when ACE dollar touch weak by level of him in three week to euro. All organizers of global aggresive fund have boosted up long-range position of them at contract expect in stock of New York. " In this time have been formed by new tren and all that ideas cause investor await tired gold price of US$1.000 level per ounce" word of Frederic Panizzutti, Senior of Vice of President MKS Finance, one from four processor of biggest gold of Swiss, like cited by Bloomberg.Dolar AS kemarin kembali menjadi patokan utama terhadap pergerakan harga sejumlah komoditas global.

Contract value expect gold for delivery immediately yesterday mounted US$6,96 or 0,7% becoming US$952,16 per ounce in commerce of time morning session of London. Price Gold for the delivery of April in division of Comex New York Mercantile Exchange go up US$3,20 become US$951 per ounce. Gold Pasokan have gone down equal to 79 ton in the last year. In this year lacking of that gold pasokan is projected go up to become 100 ton effect of degradation of production of African South and deceleration of sale a number of global central banks. Opportunity penetrate Related to opportunity of penetration of gold price in US$1.000 level per ounce during near by, according to analyst assessed big enough, along with crude oil increase of price potency to position of US$105 per barel. This condition [of] diprediksi trigger investor to continue to to hunt gold as covert instrument [of] value of impact of inflasi.(Bisnis, 23 February) this Pressure Inflation, have also triggered a number of central banks specially The Fed continue to clip rate of interest him. All investors of memprediksi at March will happened again degradation of rate of interest become 2,5%. By Adhitya Noviardi Business Indonesia All organizers of global aggresive fund have boosted up long-range position of them at contract expect in stock of New York. " In this time have been formed by new tren and all that ideas cause investor await tired gold price of US$1.000 level per ounce" word of Frederic Panizzutti, Senior of Vice of President MKS Finance, one from four processor of biggest gold of Swiss, like cited by Bloomberg.

FLUCTUATION Reinforcement of platinum price desisted by TOKYO: Reinforcement of platinum price which continue happened in last one months desisted by in Tokyo, after have time to touch highest champion at commerce of day before all. In commerce of month;moon before all, all merchants have time to pocket up advantage till 29%. Kazuhiko Saito, strategic expert of commodity of Interes Capital Management, telling all merchants have sold the him of because triggered will fall due contract him expect platinum [in] Tokyo Commodity Exchange during near by. Platinum price for the delivery of December 2008 [in] Tokyo yesterday went down 55 yen or 0,8% becoming 7.125 yen per gram (US$2.066 per ounce). ( Bloomberg)

LME launch contract expect steel of LONDON: biggest Stock Metal of world, Metal London of Exchange ( LME), yesterday launched contract transaction expect steel. That thing is done as product development form, along with tired steel price gambol 30% in last three months. Berencana LME focussed transaction plate of steel coming from Malaysia, South Korea, Turki, and Uni Emirate Arab, nations commercializing steel this type of till reach 160 million ton per his year. Two contract expect new steel will use delivery of Mid-East and Far East, passing electronic transaction and telephone. that Commodity transaction will use commerce floor just started [at] 28 April 2008. " In this time is right time to launch contract expect steel. Plate become militant still booming in some times forwards and pasokan in global markets also show tren decrease," Jim word of Lennon, analyst of Macquarie Group Ltd, London. Price Platinum for the delivery of December 2008 [in] Tokyo yesterday went down 55 yen or 0,8% becoming 7.125 yen per gram (US$2.066 per ounce). ( Bloomberg )

Lennon add steel contract transaction success to be able to, LME have to sign up this become more likuid and get support of producer, consumer and merchant. Nicola Davidson, mouthpiece of Arcelormittal, pemasok 10% world steel, telling his side pessimistic of contract transaction become militant in LME will give benefit for industrial and monetary institution of steel on a long term. Wall Street Journal express contract transaction expect steel in LME will give benefit for producer, pemasok, and consumer to become covert medium of value to metal price gambol which cannot diprediksi. That media also write down this commodity contract enable consumer lock or accomodate the advantage and expense of easierly, even increase of price influenced by the level of supplies amount or annual price negotiation between company of mine and company of processing. ( bes)





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Monday, February 25, 2008

LOSING ON CALL LOANS


New York Banks Hold Too Much Public Money. HIGH INTEREST ON DEPOSITS How Trust Companies Can Pay 3 Per Cent a Mystery -- Stagnation in Stocks One Reason for Low Interest Rates -- Clever Trick by Foreign Exchange Banker -- Consolidated Tobacco 4s.

The Washington Post (1877-1954) - Washington, D.C.
Author : Special to The Washington Post. ROBERT N. BURNETT
Date : Mar 13, 1904
Start Page : A11
Pages : 1
Text Word Count: 1713

New York, March 12. -- It is a very curious situation when some of the big banks -- perhaps many of them -- would like Secretary Shaw to withdraw $20,000,000 or $30,000,000 more of public funds, in addition to the $30,000,000 which he has already called for in connection with the Panama Canal payment.





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See more articles from Futures (Cedar Falls, Iowa)


Forex trading has found its way onto the screens of many traders looking for alternatives to interest rate and stock indexes, but like any market, trading forex requires research, reliable quotes and education. Many forex platforms offer multiple services including trading education.

One such platform, www.finifx.com, was launched in mid 2005 after five years of preparation, offering multiple resources for new and experienced forex traders.

The Fini Fx Pro trading platform is an Internet-based currency trading system for self directed and managed forex trading. The platform provides traders, trading advisers, pool operators and brokers with the tools for account







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A Little History of Forex


orex allow its visitors to learn at their own time and pace every details and information concerning the art of forex trading and day trading. http://www.10forex.com is an easy to navigate web site featuring useful link. Information as forex market history, forex forecasting and news can be found quickly and easily.
Forex traders often ask for free markets overview and market snapshot. http://www.10forex.com supply real time information allowing traders to stay updated with the current status of their financial investments. This information is not limited to a single market but includes a summary of European markets and Latin markets among other. 10 forex also provide many useful charts displaying current and past movement in currency's rates.

The most beneficial tool http://www.10forex.com presents is the comprehensive glossary. Since forex trading often result a major losses it is important that those who want to trade would be able to understand every basic concept. Whether it's a pip or a point, or a zero coupon bond, It's all in the glossary. Beginners, doing their first steps in the forex trading world wold highly benefit from reading the glossary. All this knowledge makes 10 forex .com a great resource for forex traders.

Forex trading is a stressful activity. Traders risk their money, often gaining loses. One helpful way to decrease stress and increase chances for profit is gaining as much knowledge as possible. 10 forex .com helps traders all around the globe increase the ability to understand forex and to have all the tools needed to trade. Connect now to http://www.10forex.com, start learning and improve your trading skills.





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Hungary move to prompt C. Europe forex rethink


By Sebastian Tong

LONDON, Feb 25 (Reuters) - Hungary's surprise move on Monday to abandon its currency band is unlikely to derail plans by its central European peers to adopt the euro but could prompt some of them to switch to more flexible exchange-rate systems.
Analysts say Hungary's sudden decision to replace the forint's trading band against the euro with a free-float regime underscores the difficulties faced by some euro zone aspirants in meeting inflation targets set by the European Union.
Faced with a slowing economy and rising inflation, Hungary ditched the forint's 30 percent trading band against the euro -- an arrangement in place since 2001 -- saying that the change would enable the central bank to use its monetary policy more effectively to manage inflation. [ID:nL25162043]

Some would-be euro zone members face similar, though not identical, exchange-rate constraints but further inflation shocks could nudge those with exchange-rate bands or currency pegs towards greater flexibility.
Bulgaria, Estonia, Latvia and Lithuania, which have currency pegs to the euro, could consider a currency adjustment if inflation were to rise further, analysts said.
"If inflation is due to external factors then you need an exchange rate mechanism to deal with it but countries don't have any tools to deliver a response to domestic inflation if their currencies are pegged," said Commerzbank strategist Barbara Nestor.
Ratings agencies have warned Bulgaria and the three Baltic states that they face an abrupt and painful slowdown because of their rapid growth and huge current account deficits.
Bear Sterns' Emerging Europe Economist Tim Ash said the Hungarian move could intensify a brewing debate within Ukraine -- which has declared its interest in the currency union -- over its exchange-rate band for its hryvnia currency.
"Ukraine might come under pressure to widen its trading band more towards appreciation, in order to deal with its inflation," said London-based Ash.
NO EURO WAVE
However, analysts don't see immediate currency regime changes among these countries as policymakers are more likely to allow the expected global economic slowdown to work its way into their economies and dampen price rises.
The Hungarian move is seen having minimal impact on euro zone candidates that have more flexible exchange rate regimes.
Slovakia, which has enjoyed strong economic growth, remains on track for euro accession, analysts said, and is expected to reach an end-July agreement with the European Union on its currency conversion rate to the euro.
However, Lars Christensen, Stockholm-based head of emerging markets research at Danske Bank, said Hungary's surprise decision on its currency suggests that inflation is likely to trip up euro zone ambitions.
"Having admitted countries in the past with monetary policy that was too loose -- Slovenia, Spain and Ireland -- the European Central Bank is now looking for real convergence rather than nominal convergence."
"We have to face up to the fact that we're not standing in front of a wave of countries adopting the euro." (Reporting by Sebastian Tong; Editing by Ron Askew)





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