Posts Tagged ‘financial forex’

Lets get things straight- folks, there is lot of metaphysical foolishness, in books, CD’s, online courses etc., pushing the simplistic premise: do what you love to do and money will follow. Now there’s a giant, steaming, odor spreading pile of b.s.! Apart from accidents in some rare cases- do you want to wager your future OR your money on freak incidents?

I like to sit on a shady beach, slurp cocktails, read books and going swimming in between, I like good documentary films on TV…!   So you see- I LOVE those things1!!  But I have yet to figure out how to get people to line up and pay to watch me do that  (even if I wear the smallest bikini doing so— it just hasn’t happened – guys- and my figure isn’t half bad!!)   It does NOT matter HOW much I enjoy those things. My enjoyment can multiply, the money won’t!

So this idea that actually, ‘”if you do what you like and IF you are PASSIONATE about it, the money will follow- because you are attracting wealth – is silly and childish.

I’m SURE you know what I mean – because here’s a thing I DO ALSO enjoy – it’s watching Doodle Videos! Watch what Christina did to become the Winner of  2011 World Forex Trading Competion….watch how…and although she doesn’t say it – SOME part of that – I’m sure she DIDN’T enjoy at all (losing it twice before) –

What maturity really means is – that you stop letting your wants “control” you. Indeed, our wants are often in conflict and some must be given priority over others.

Watch how Christina is in control of her trades!

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So there’s the WANT of earning big bucks with FOREX TRADING, and there’s the slacking in actually LEARNING the ins and outs so you can be relaxed to make less losing deals than ever before – and actually START building that stack of greenbacks you’r dreaming about.

Compare it with my conflict of craving for fresh cookies and staying slim and healthy!

There’s also this methaphysical idea: don’t persue money – persue passion. This may do well with authors, actors and painters and musicians, but not in FOREX TRADING – this is a BUSINESS. Someone in business needs to think through in a businesslike way…with the world in wobbly stage as it is in 2012 – do you think there is money to be made in FOREX? Your Passion is to win- and not grow headaches about seeing your money dwindling?Folks – HOPE is not a strategy!!! Christina did — I bet you – did NOT enter the annual Word Trading Competition 3 years in a row because she was PASSIONATE- yes – that may also be the case – but she did it to WIN- because being a WINNER boosts BUSINESS !

Science – as far as our world recognises it – IS A PROVEN, REPLICABLE STRATEGY! And so is Scientific Forex!

Then you may make the mature desicion to get it – check it out- there’s some attractive give-aways each day until actual launch-day — you’ll just LOVE those !!

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The Norwegian Crown is only partly the Holy Grail for new  flight-capital.

The “safe haven ” for investors has been swamped this last week: with the SwissFranc coupled to the Euro (which de facto is a devaluation of SFR) – the Swiss National Bank has  actually made people who have loans in SFR happy, but people from the EURO-coutries who have taken SFR-loans, hold SFR accounts or  shares valued in SFR are having a long face right now- as they have suffered considerable losses.

Personally, I don’t waste my feelings on such people as mentioned above after I learnt lately, that Greek millionaires hord as much money in Switzerland as the Greek economy produces in 1 year in GDP(Gross Domestic Product).  And I bet my nestegg they never paid a penny of tax on that money either. I’m not exactly a socialist – but I fully understand the Greek population being fedup with their corrupt political leaders and that they are wishing ALL OF THEM to HELL – because they have driven the country’s finances against the wall. Corruption is and has been paramount – and to such a degree (since we all know that a certain amount of curruption exists everywhere) – that the Greek state is bankrupt. All in all we must see that a small country like Greece does not count very much in the European Communion as a whole. 6 million inhabitants – and a country that NEVER produced anything worth mentioning – except a nice environment for tourists – and even that has stopped now – with all the strikes happening – who wants to go there anymore? When president Obama says on TV “Europe should get their act together” he forgets, that in his own country – p.e. California (much larger + much more populated) is in much deeper debt than Greece – therefore the status much more severe – should actually sweep in front of his own doorstep. But he’s already campaigning for his next selection – so we in Europe – forgive him. We forgive him also for saying “he and his country will HELP” – although we all know these are empty words – Congress gives him no power and no money to help Europe in any way. And we don’t NEED him …the European Union and the Euro Zone is TOO BIG TO FAIL – therefore – it will get help from all over the place – including Chienese investors and South American, RUSSIAN AND African investors – all of them will make big bucks buying up European funds, OR shares of strong European companies. What’s happening now is just a storm in a water glass. European companies are strong and sound – and worth investing in. China will now buy Saab – the Swedisch ailing car company – because they want the TECHNOLOGY – and it will go on and on. China needs the European Union as a market – and Russia also needs it – we buy 80% of their gas and oil, plus a lot of other raw materials, and we pay the best prices for them- and there’s a LOT OF SPARE MONEY IN RUSSIA –and a lot of that spare money (inofficially) rests here in Europe- in EUROS!

There should be a clear line in the thinking – SOME European states are contaminated with the flue (and they are all in the South) – but in GENERAL- it’s NOT the companies that are sick, but the STATES = governments overspend and politics gone financially overboard with social spending (to buy voters) and unable to drive back and actually get their act together. So – to most of us here – we THINK that the crisis is actually a GOOD thing: even old Berluscony and others will have a GOOD POLITICAL EXCUSE NOW (because he obeys the dictates of the european Parliament) to draw back on public spending – and although he will not be alive much longer as a politician – ther person (government) replacing him will have no choice but to follow the “unpopular” course of social overspending. Other Southern governments will have a GOOD EXCUSE to follow suite = to change legislation in a way – that social overspending is driven back. And any North-European will tell you – that corruption is still hot in all Southern states of Europe – and maybe the HOTBED of the germ in general. And maybe the scenario will play – once we catapult Greece out of the EURO – we will look at matters more clearly – and chuck out the other Southern countries as well — give them another couple of DECADES to get their national act together – and once they are more ACCEPTABLE – let them once agin join the TEA PARTY of the EURO…but the EURO will not die- 6 big countries at least will stick to it – and THEY ARE STRONG- and their currency will even become stronger – and as such again a SAFE HEAVEN! What we all forget is: China as well as Russia and Africa as well as South America are looking for an alternative currency to the US$ – they want to distance themselves from the USA and the Dollar. They know that the Dollar has a rather short shelf life.

If the Swiss National Bank manages to hold it’s course, then- of course – the SFR will sail exactly a parallel  course in future as the Euro. Which – let’s face it, is NOT ideal for those, who have considered up to now the SFR as their “safe haven”, because they don’t trust the Euro any longer since it’s playing the main role in the Greek tragedy.

So off they go in search of another “save haven” in the currency chaos, and apparently the Norwegian Crown is THE place they have found – it’s rising like hell- or rather – into heaven. And in fact the  land of the Wickingers presents itself as such: a small – highly developed economy just like Switzerland, their budget is perfectly in order and has high reserves, which are parked in state oil-funds. A New Switzerland – so to speak.

However, those who think they must convert their SFR-loans into Norwegian Crown loans right now and count on long-term profits will – motst likely – be disappointed, as it’s a risky step at best.  You simply cannot count on a very hard Crown for any length of time, even Norway will have to make interventions  and pull the emergency break before their currency becomes too hard.  They simply will HAVE TO enter into the golbal devaluation run of currencies – as no exporting economy can withstand the global competition and pressure for ever.  Even though Norwegian politicians are presently still denying that they plan to do anything like this – who believes politicians?

Did you actually manage to get a copy of World Class Trading Stars?

If not – take a look at their website anyway – to see the live performance of their system —who know – they might open the program once again at some later stage, and you need not hesitate THEN – just jump in next time!

 Strategy Forex Trading

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Why is Forex strategy trading so important to your success in investing? Read this now and not only could you save yourself some money, but you may even make some!

Before getting into any new venture, one needs to plan and chalk out a route map so they know where they are headed. Similarly, while investing in shares or foreign exchange, the amount of home work that needs to be done is more important than the actual process of investment.

This research will make way for an accurate analysis of the market, the trends and what is likely to be the impact of governmental and economic changes on the specific currencies. Forex strategy trading involves a lot more care and caution as it is very different from share market, and is more volatile as well. Inspite of doing all necessary preparations, the investment can still go wrong, well, that I s how the market works and nothing can be done about it.

This is why a lot of people don’t rely on past trends as there have been known to be surprise turn of events which totally wreck all planning and forecasting. Speculation is what the Forex trading thrives on, and one needs to add a pinch of caution while investing in foreign exchange.

In order to keep losses at bay, the trader must use a good Forex strategy trading system, and this is possible only with use of trade signals available in the same. The pre-formulated rules and norms will have to be adhered to if the investor wants to play it safe and know he will get decent outcomes. There are no set strategies while involved in Forex trading, and one system that works for a person might not work for another. It is only with experience and in depth analysis that the investors can cut down the loses and start making some profit. Analysis of the past data to calculate the future expected returns and monitoring the past trends will all come in handy while chalking out plans for investment. The trader must realize that he cannot make profits with every single investment and that the market is very volatile and could go either way. But with time he will be able to increase his investments and minimize losses.

The bottom line in any form of Forex strategy trading is to use money that can be spared in which case; losses will not have a major impact on normal life. Also the concept of investing in multiple currencies is a wise decision that many don’t realize till they have incurred loses, it is similar to the story of being foolhardy and putting all eggs in one basket. Talking to a Forex agent or broker to gather some information about the market trend and what are the most safe or high yielding markets to trade in is a good way of keeping the situation in control. One must also have a time frame in mind for the investment and know when he has reached the peak and its time to take out the money put in. If they get greedy, then they might lose out what they have earned.

Nick Schultz is a Forex Trading expert who recently developed an eCourse that details a step by step process for success Forex investing.

Forex strategy trading
Forex Strategy Trading Course

FX Technical Strategy Weekly: Equities on the Brink - Forex …

FX Technical Strategy Weekly: Equities on the Brink The euro is under increasing pressure. The past few months have seen equities range trading and, although there have been positive signs to note, the equity markets continue to look …   Read more…

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TopForex.info » How To Develop A Forex Trading Strategy

How To Develop A Forex Trading Strategy Developing a forex trading strategy take dedication on your part. There are certain things that you have to do to ensure that you are finding a strategy that fits your trading style. …   Read more…

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Free Forex Trading Signals: Free Forex Trading Signals: Forex …

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Trade Forex – Trading Strategy Video Tutorials | Currency Trading

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Free Forex Trading Systems: Forex Strategy Learning: Earn Like …

With Forex Automoney everyone can earn every day! Our system is working in all countries of the world. Absolutely everywhere! Also you can be absolute newbie to use our system – you …Forex news by Forex Strategy Learning …   Read more…

Make Easy Money With A Currency Strategy Called Forex Scalping

If you’re new to the FX markets and want to start off on the right foot, then one currency strategy you should strongly consider is "Forex Scalping." It is very similar to day trading in the stock markets, but since a currency movements …   Read more…

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Forex Strategy Learning: Earn Like Profesional DO….!! USE 100 …

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Using The Candlestick Chart For Forex Trading With the recent tanking of the American stock market and fiscal disasters happening around the world, many investors have turned to the Foreign Currency Exchange Market (Forex) as a way to …   Read more…

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Understanding Forex Statistics

Forex currency trading is done online via huge networks, which are in connection with all the principal participants of the Forex strategy system such as the banks, the government, big financial institutions, …   Read more…

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Forex Trading Today » Gold Drops By for a Visit… So Let’s Have A Chat! Fri, Jan 23 2009, 05:51 GMT. Forex Trading Today » Crude Inventories Rise, Demand still Falters…and the Loonie? Wed, Jan 7 2009, 23:42 GMT …   Read more…

Forex Trading Strategy: Trade Beyond the Noise

Study, have fun trading and prosper. About the Author:. learn forex trading and learn to invest your money in a way that you have control over. The key is to find a Forex Course that you can really enjoy and trust.   Read more…

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Successful Forex Trading

In order to become a Forex trader, one should have a good amount of knowledge and all the necessary bits of information about the existing Forex strategy system, Forex trading signal, Forex alerts, Forex signal, Forex trading strategy, …   Read more…

Forex Trading Strategy – Trading the News

If you ask seasoned traders if they watch media coverage of the markets, many will tell you no. Why not listen to the media coverage? First, the news may be old, and the market participants who trade a particular stock …   Read more…

Forex online platform trading

Read This Article – It’s About The Real Thing in Forex Robots!

What on earth is Forex online platform trading? And how can it help you to increase your success in Forex investing? Read on and find out more in this informative piece!

 Talking to a person one on one is any day more interesting than doing the same across a room filled with people. Something similar to this is what Forex online platform trading is, there are no offices and there is not a central place where people interested in trading meet up. The interested parties interact with each other either through telephone or emails and they are the only two who are involved in the transactions. The data exchange and trading in foreign exchange is privy to the parties involved only. These days’ people carry out business deals online and so it is easy for them to understand the intricate details and how the web world operates. So it is advisable for them to go in for online Forex trading Vis a vie manual.

There are many websites that offer information and the opportunity to trade online, but it’s better to try out a demo on a site before signing up with it. This will help you get comfortable, learn your way around and see if it suits your style of working. Forex is all about currencies of countries across the globe, and so the website needs to be updated and provide the latest rates and any other additional information being published about the cipla generic viagra same. Also the conversion rates will be specified in some websites, which makes it easier for you to calculate what your returns are likely to be or how much of a difference it will make if you lose some. Most of the websites offering Forex online platform trading don’t charge any fee, and if they do, make sure to gather information pertaining to what the fee is for. Unless they offer professional guidance, or any value added service, do not go in for a site that asks you to pay a fee.

In Forex online platform trading, the Forex charts are the most valuable, as they provide concise information pertaining to the markets. If the chart is can be generated in your website, then make use of it, and if any additional software does need to be downloaded , check with a specialist before registering for the same. In addition to the same, an analysis of the data must also be carried out and automatically generated at regular intervals. If in case you don’t have the necessary time to monitor your investments, seek the help of a brokerage firm who will do the needful and keep you posted on the results. For those who are new to Forex trading, check if the site allows you to start at a minimum investment, as this will give you an idea as to what happens and how to go about the whole system. Another important factor to note is the time taken to show results, it has to be instantaneous with no re-quoting or adjustments. And most investors are advised to have two accounts, wherein they can use one for trial purposes and gain some learning from them, other for actual trading.

Nick Schultz is a Forex Trading expert who recently developed an eCourse that details a step by step process for success Forex investing.

Forex Online Platform Trading

By Nick Schultz Published: 10/29/2007

New Development in The Forex Market 

The major changes that have occurred in the world financial markets over the past few years have been a boon and a blessing for the small forex trader and things are only likely to get better in the years ahead.

In a world of national currencies, the forex (foreign exchange) market provides the mechanism for making payments across borders, transferring money (and thus purchasing power) from one currency to another and of course determining exchange rates.

The forex market has seen profound changes since the early 1970s, not only in its size but also in the way in which it operates, as a result of structural shifts in the world economy and in the international financial system. Some of the main changes which have occurred in the world’s financial environment include:

1. A fundamental change in the international monetary system from the fixed exchange rates arising out of the Bretton Woods agreement to a much more flexible system in which countries can float their exchange rates or follow other exchange rate practices of their own choosing.

2. Major financial deregulation across the globe including the elimination of government controls and restrictions in almost every country, which has resulted in far greater freedom in national and international financial transactions and hugely increased competition among financial institutions.

3. A fundamental change in savings and investment, with funds managers and investment institutions around the world diversifying their investments across international borders and into multiple currencies.

4. Major changes in, and liberalization of, international trade as a result of a series of trade agreements including the Tokyo and the Uruguay Rounds of the General Agreement on Tariffs and Trade, the North American Free Trade Agreement, and US bilateral trade initiatives with the European Union, China and Japan.

5. Technological advances which have made it possible to achieve the real-time transmission of huge amounts of market information worldwide and to analyze that information rapidly so that market opportunities can be identified and exploited. In addition, financial transactions can now be executed quickly and safely, with a level of efficiency which allows costs to be kept at level well below those which were possible previously.

6. New thinking in terms of both the theory and practice of finance which have resulted in the development of many new financial instruments and derivative products. Advances in thinking have also served to change our understanding of the international financial system and the techniques we need to use to operate within it.

As markets have grown and developed since the 1970s in a climate of much greater freedom and competition, the role of the markets themselves has changed and we have developed the tools and techniques to allow us to exploit these growing markets to the full. One major beneficiary of these changes has been cipro cheap the forex trader who has an investment vehicle available today which was undreamt of a few years ago and which will continue to provide the small investor with an excellent trading opportunity for many years to come. 

By Donald Saunders Published: 8/1/2008

Benefits Of Online Currency Trading Tutorials

Due to rapid advances in technology and the ever-changing economic scenarios all over the world, keeping a tab on the dips and escalations of currency rates is essential. Besides, the profit one makes from currency trading depends on the vital decisions taken. Each decision made while being a part of the foreign currency trading market could be profitable or a reason for instant loss. All decisions made depend on the reliability of the information they are based on. You need to have reliable information that could affect the foreign exchange market as soon as possible.

Today, you not only lose and gain on currency trading but also end up becoming either very wealthy or you join the ranks of all the losing traders. Since the Forex market is open for trading 24 hours a day and 5 days a week, a trader can access his or her forex trading account at any given time. Besides, the speed of currency transactions is one of the most impressive advancements. You can conduct foreign currency trading in seconds with the help of traditional forex broker.

Advantages of Online Currency Trading Tutorials

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Online Currency Trading Tutorials teach you the basics, and give you additional knowledge if you have been in the game for quite some time. Don’t forget, the Forex market is considerably complicated and mastering it could take time. In the past, it was impossible to get someone who would offer any sort of tutoring or training in Forex as trading was restricted only to large businesses and corporations. Today, with the Internet boom, individual traders are swarming towards currency trading, thus leading to a huge rise in the number of tutorials and courses available.

Training sessions could be conducted in a classroom or over the Internet, depending on an individual’s preference and location. Since classroom learning is different because of the involvement of traveling great distances, you can opt for the ‘learn at home’ courses. A person learning through the online currency tutorial can study at his or her own pace. However, they are devoid of the explanation and discussions with the teacher. Some online currency trading tutorials have a money-back guarantee if the individual does not like the course. Individuals should stay away from courses that guarantee profit. Moreover, since it is difficult to distinguish between the fraudulent and authentic courses, every course ought to be treated with skepticism.

 Nothing Can Top This !

 
When trading forex, the trader sometimes needs to make very quick decisions when analyzing the market. A forex tutorial may not be able to teach that. It may be able to teach an individual the principles of currency trading and turn a person into an efficient forex trader, but practical application of the knowledge acquired, and incorporating it in daily trading is something that is achieved only through classroom teaching. Opting for online currency trading tutorials improves speed and decision making ability. In addition, one can also follow the changes in the rates and ascertain when to enter and exit a given trade transaction. If an individual takes time to learn and understand how the forex trading business works, it would be easy for him or her to make the high probability decisions for successful trading. There are also many Forex signal service providers who provide traders information about what trades to take, what price to enter a trade and the recommended take profit and stop loss targets.

 Nothing Can Top This !

 
Although online currency trading tutorials may not be able to teach you all the intricacies of the trade, it can help you in making decisions quickly and with greater success rate. The trick of the trade, as they say, is all about how cialis viagra online one employs the knowledge for making maximum profits.

By: Andrew Daigle

Article Directory: http://www.articledashboard.com

Andrew Daigle is the owner, creator and author of many successful websites including ForexBoost, a free forex training site and a Forex Blog the Novice and Advanced Forex trader.

Trading Forex – Renminbi

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China is making business headlines everywhere we look. It has the largest population, the fastest growing economy, the biggest export/import imbalance, most imposing foreign reserves. And, by many accounts, the most undervalued currency, which is, in part, the reason behind Chinese meteoric rise as on of world’s dominant markets.

There is some confusion as to the correct name of Chinese currency. There seem to be two different names used interchangeably. One is the Yuan, while the other is Renminbi. Yuan is the measure of account, while Renminbi (RMB) is the correct name of the currency, meaning "people’s money". Even in forex circles there is no conformity, as the term Chinese Yaun (CNY), is still commonly used. Little wonder just about everybody is confused.

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This currency is not a freely "floating" one. Since 1997 until 2005, China maintained a peg of 8.27 to a dollar. In eyes of many economists and politicians, that was a chief reason for Chinese staggering trade imbalance, estimated to be over 1 Trillion dollars. The People’s Bank of China was under enormous international pressure to let Renminbi float. In 2005 the bank moved the peg to 8.11 USD.

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Eventually People’s Bank of China (PBC) moved to a managed floating exchange rate based on market supply and demand with reference to a basket of foreign currencies. The daily trading price of the U.S. dollar against the RMB in the inter-bank foreign exchange market would be allowed to float within a narrow band of 0.3% around the central parity published by the People’s Bank of China (PBC); in a later announcement published on May 18, 2007, the band was extended to 0.5%.[19] The PRC has stated that the basket is dominated by the U.S. Dollar, Euro, Japanese yen and South Korean Won, with a smaller proportion made up of the British Pound, Thai Bath, Russian Ruble, Australian Dollar, Canadian Dollar and Singapore Dollar.

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As of this writing (late July 2008), RMB is quoted at 6.82 USD. This represents a 21% appreciation since the removal of peg. Large move in currency terms. Despite this fact, many studies indicate that RMB is still severely undervalued, and is expected to rise in value over coming months and years, against the entire basket of tracking currencies.

How can a trader take advantage of this appreciation? There is number of possibilities. The easiest is to enter Chinese equities market through any ETF exposed to China. There are many of them, with varied level of both exposure and play. While this approach is the simplest one, it is also the least direct one when pure currency movement is sought. Not the best option for forex trader.

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Another financial vehicle to consider is a Market Vector Currency Exchange-Traded Note, a form of ETF. Morgan Stanley issued Chinese Renminbi/USD ETN, which trades under the ticker symbol CNY. This instrument is supposed to shadow the currency fluctuation and trade like a stock. It can be purchased through any stock broker. Just like all of this type of products, it lacks the the advantages of spot forex market, namely 24 hour trading and scalable leverage.

Most appealing option to a forex trader is to trade Renminbi in a spot market. Fortunately, this possibility exists, but is offered by very few brokers. You might have to look around a little. There are some shortcomings to this option. The spread is very wide, making day trading prohibitively expensive, to the point of not being practical. Some periods during trading day lack liquidity, making it very difficult to get in or out of the market. If your intention is to take advantage of long term expected appreciation, you can easily use this option for "buy and hold".

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General long term predictions for Renminbi are calling for significant gain against the earlier mentioned basket of currencies. While it might very likely be true, one musn’t forget that China is still a developing country by western standards. Her financial markets will go through many peaks and valleys, some of which will surely be prolonged. Renminbi is no exception and is certain to experience large corrections.

By: Mike P. Kulej

Article Directory: http://www.articledashboard.com

Mike P. Kulej is a Chief Forex Strategist for Spectrum Forex LLC. He specializes in mechanical trading systems as explained on www.spectrumforex.com . Spectrum Forex LLC offers numerous services to individual traders. He also publishes trading blog www.fxmadness.com . With questions and comments e-mail him at kulej@spectrumforex.com.