Forex Broker

US Durable Goods Orders – Forex Trading Update

by

fxsolutions

Joseph Trevisani, Chief Market Analyst at leading Forex trading broker FX Solutions (http://www.fxsolutions.com/), provides a report of US Durable Goods Orders on 28th September.

\”Orders for goods designed to last more than three years fell slightly in August but performed better than expected and orders by companies jumped almost three times the forecast.

The headline number for all goods in the economy, consumer and business, declined 0.1%; -a fall of 0.2% had been predicted in the Bloomberg survey of economists. The July number was revised up to 0.1% to 4.1%.

The August improvement in non-defense capital goods excluding aircraft, synonymous with business equipment investment, shot up 1.1%, well ahead of the 0.4% prediction. The July result was revised sharply higher to -0.2% from -1.5%.

Business investment has been one of the steady drivers of the economic recovery that began in mid-2009. Today\’s number seem to indicate that despite consumer retrenchment business executive still view this as a good time to improve the competitive position of their firms.\”

Practice forex trading with a virtual cash balance by opening a free Forex demo account at http://www.fxsolutions.com/accounts/practice-account.asp

Forex trading

involves substantial risk of loss and is not suitable for all investors.About FX Solutions FX Solutions is a leading

online Forex trading

broker with a focus on advanced trading technologies, transparency of transaction and unparalleled customer service. FX Solutions serves retail clients, white label partners, institutional trading partners and introducing brokers in over 140 countries. FX Solutions\’ products are regulated in the United States, United Kingdom and Australia. FX Solutions in the United States is regulated as a member of National Futures Association, and registered with the Commodity Futures Trading Commission as a Futures Commission Merchant. In the United Kingdom, FX Solutions is a registered trading name of City Index Limited which is authorized and regulated by the Financial Services Authority. FX Solutions in Australia is a registered trading name of City Index Australia Pty Ltd. which is authorized and regulated by the Australian Securities and Investments Commission.

Learn more about forex trading

by visiting www.fxsolutions.com www.fxsol.co.uk and www.fxsolutions.com.au

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ArticleRich.com

Submitted by: Sean Goudeloc

Technical analysis market is a type of Forex analysis technique that heavily relies on numbers and historical data. It makes use of charts, quotes, indicators (both simple and complex), supply and demand volume, and most especially, the data about past market performance. Its main purpose is to give traders a clue on what will happen in the market based on all the data that was gathered from the past.

Many online trading platforms provide users or traders with different types of technical analysis. By using technical analysis tools, you can have a better projection of the ups and downs in the market. With the knowledge you get from this kind of analysis, you will be able to make better trading decisions and minimize risks of trading in the Forex market. However, you do have to remember too that even the most profitable Forex traders do not stick with technical analysis alone. Technical factors are often weighed vis- -vis fundamental factors. Make sure that you consider other techniques like fundamental analysis for a better reading of the market.

Technical analysis market trading involves different types. A few of the most popular types of technical analysis tools are charting, volume indicators, Bollinger bands, relative strength index, and Stochastics. Each of these types has unique methodologies to generate data. These also help you look at the technical factors from various perspectives. Below are brief explanations about those types:

The most basic type of technical analysis in Forex is charting . Fundamentally, it focuses on knowing and analyzing the highs, lows, and closing prices within a certain time frame in the market. Using this type of technical analysis will let you immediately know the major trends within the market, areas of support of trends, and resistance to the price movements.

On the other hand, volume indicators focus more on telling traders the current and upcoming trading volume for them to know if there will be sudden rise or fall, or a reversal. Many rely on this analysis as their leading indicator to predict future price trends.

If a trader wants to check the volatility of the market trends, he will rely on Bollinger bands. The technique gathers the data about the moving average prices in the past 21 days. If you use this technique, always watch out for any sharp tightening of the bands. When you see that, it means that the market s volatility will intensely increase, and a new price trend may arise.

Last, but not the least is the RSI (Relative Strength Index). This type of analysis is used when traders want to predict any forthcoming market reversals. Fundamentally, RSI is a scale starts from zero and ends with 100. If a trader sees a value that is below 20 on it, it is possible that an uptrend will happen. Alternatively, if he sees a value that is above 80, a downtrend may happen instead.

As you can see, Forex technical analysis market is an effective tool you can use in your trading venture. Use it wisely with other Forex tools, and you can expect that your success rates during your trades will rise significantly.

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The FOREX Trading Platform And The Trader

by

Paul Hyland

The foreign exchange market is a global arena for the trading of international currencies and it connects financial centres, buyers and sellers from all around the world. The global foreign exchange market is responsible for converting and trading currencies whose daily turnover values at almost $4 trillion.

The FOREX trading platform is the central tool for trading international currencies, commodities and shares. It is a fundamental instrument that represents the new future of financial trading. The platform uses the same processes and options as traditional trading methods but delivers results around the world quicker and with much greater efficiency. By converting and dealing in business currencies, the FOREX trading platform aids international trade and investment within the foreign exchange market. This is a tool that aids the efficient management of deals and the connection of currencies across the marketplace. As a system it is regarded as the future of financial trading. A FOREX trading platform allows the key international currencies – the Euro, the British Pound, the US Dollar, the Swiss Franc and the Japanese Yen – to trade immediately, efficiently, openly and equally.

Recognised as the best way to operate, the system has established the FOREX trading platform as a seamless environment where trade is instantaneous, secure and user-friendly. Unbound by geography or time zones, the platform allows traders to work towards their clients\’ objectives, immediately responding to change and reducing any risk-taking. The flexibility of the platform means that the trader can work simultaneously across multiple markets and client projects with efficiency and effectiveness.

The success of the foreign exchange market comes from the dual partnership of a knowledgeable and responsive trader and their correct use of the FOREX trading platform. This is a cohesive collaboration and alliance between the two; one cannot operate without the other and together they are a hugely powerful team. The successful trader couples their instinct and knowledge with the FOREX trading platform to analyse market trends and execute transactions instantaneously. Regardless of the features of a specific trading environment, the FOREX trading platform responds to the changes of any asset and within any market. Connecting markets and commodities from around the globe, this system instills confident trading and flourishing financial growth. The system helps to stimulate the development of healthy economies and currencies.

Equally, when times are uncertain and unpredictable – as can often happen in turbulent economic times – the FOREX trading platform provides balance and security. The platform monitors even the smallest market fluctuation with precision to ensure that currencies are regulated. In addition, rather than relying on a trader\’s instinct when dealing with international currencies, the FOREX trading platform uses up-to-date and unbiased information to make informed, safe and sensible choices.

Without a doubt, recent years have seen a dramatic change for trading within the foreign exchange markets. Today, exchanges of currencies and commodities can take place within seconds and across nations. Whilst an individual trader uses their inherent skills and knowledge to be successful, it is the modernity, quality and assurance of the FOREX trading platform that makes it the fundamental tool within foreign currency trading.

Squared Financial is a

Forex trading platform

for professional and institutional traders.

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