Forex basics

Hi , today no big news so i just decided to give some noobies better understanding.

Forex Signals

Whether you are a beginner or a seasoned trader, we have a service to fit your needs. Do you have a hard time understanding when to get in the market, or is your exit points that need help? There are hundreds of forex signals services on the market, but most are not worth a dime. We only work with the best. We screen them with the strictest parameters – ensuring their performance is real.

These signal providers may send signals by e-mail, voice, cell phone, or a live trading room. We will provide you with a list of the best Forex services available to best suit your trading needs.

Some traders prefer an auto trade type of system which does the trading for you, like FX-System Center, an excellent way to go. We work with a number of providers of auto-trade services which include state of the art software that will execute trades in the Forex market for you. You can learn to trade many different styles throughout the trading day. You can join live chat sessions with live calls in voice chat rooms with professional traders and learn how to trade the Forex market yourself. The options are all available, and now you know where to look.

Forex Brokers

Finding the right Forex Broker may be the difference in coming out ahead in the long run. FX brokers are your sole connection in this huge market and you have to put a lot of faith in them. We provide you with the top forex brokers and broker reviews to help you decide during this selection process. A new broker we want you to consider is eToro.com, which puts a whole new feel on the Forex Broker business.

Forex Rebates

What are Forex Rebates? FX Rebates are a payout for the volume of trading you run through your Forex Broker. These rebates can add up to a significant amount capital if you are trading in the Forex Market. If you are going to trade, you might as well get paid to trade. You are going to pay a spread or commission either way you look at it, so it only makes sense to earn Forex Rebates as you continue your trading.

Weekly Forex News

Using the videos created by FXDD, we will try to provide you with weekly videos of future events as well as provide you with the daily events when necessary. This will give you, the trader more information to help you. Each video will represent a week or day depending on which is available. At least this way you can come back to one spot for all your Forex video needs.

Who is going to save Greece?

Lets see how does the world plans to save the world.

The yen was the most affected currency by a new wave of optimism started by EU officials statements suggesting that the bloc will help Greece financially to solve its public debt issues, losing specially versus

higher-yielding currencies and the euro.

The Japanese currency started this Wednesday continuing its losing trend initiated yesterday by renewed optimism that Greece fiscal crisis will end sooner than expected as the European Union signaled its intentions to inject money in the country’s accounts, as long as it follows measures necessary to tighten its massive public deficit.

AUD/JPY traded at 78.73 as of 02:23 AM from a previous intraday rate of 77.30.

Todays news

Welcome today. This is just a news update from the latest analytic s point of view:
The highly anticipated US labor report sparked further losses in the equity markets, oil and commodities while pushing the dollar sharply higher against the majors. The greenback surged against the euro, pushing the single currency below the 1.36-level for the first time since May 2009 at 1.3587 and advancing to an 8-month high versus the pound to 1.5564. The US equity markets extended its slide with the Dow Jones breaching the 10,000-mark, losing more than 1.5% to 9,848 and the S&P 500 plummeting by over 1.7% to 1,045. Meanwhile, crude oil traded below the $70-per barrel mark while spot gold tumbled to $1,050.

The January non-farm payrolls figure missed estimates for an improvement to +15k, instead revealing a loss of 20k jobs compared with a downwardly revised 150k jobs shed in December. The prior revisions to non-farm payrolls lifted the tally of jobs lost to 8.4 million since the beginning of the recession in December 2007. The unemployment rate unexpectedly fell from its worst levels since 1983, beating calls to stand pat at 10.0%, instead dipping to 9.7% -- a five month low.

Heightened risk-aversion largely dictated the direction of the markets as global equity indexes faltered on the Friday session amid renewed worries over the strength of the economic recovery. Further, burgeoning fears over fiscal deficits will continue to loom with Moody’s rating agency warning this week that the US debt rating could be negatively affected if the government doesn’t take steps to trim the deficit.

* taken by Korman Tam

Hi

Hi, this is a new blog that will be informing you about forex related topics around the world. So i leave you with the mind for tonight, make money not war :):).See you all tomorrow!