Speculating with Futures and Traditional Commodities Part I with Noble Drakoln

Noble DraKoln, Senior Risk Analyst and author of the books Futures For Small Speculators and Single Stock Futures For Small Speculators, brilliantly sheds some light on the unfamiliar and often misunderstood investment world of commodities and futures.
There is three times more capital invested in the commodities and futures markets than in the stock market and trading volume is in the trillions of dollars. Yet the average investor has no idea what drives this invisible marketplace. In many cases, investors do not know who the players are, how the players operate or what motivates them, or even what it takes to participate in this exclusive investment arena.
With the recent addition of "single stock futures" to the futures market, today's investor is threatened with the possibility of being left behind by Wall Street. And as Wall Street develops more sophisticated investment strategies using futures, active investors may find themselves blindsided by how these strategies change the dynamics of the marketplace.
In this two-part seminar series, Mr. DraKoln provides a foundation of knowledge for those interested in futures investing. He reveals the history of futures, clarifies the various myths and stories, and opens your eyes to this dynamic investment vehicle.

*Learn the origins of futures investing from the 16th century to the present time.
*Uncover the language of futures traders and brokers.
*Understand the real purpose of futures investing and how to turn it to your advantage.
*Discover the ten core mistakes that futures investors make and how to avoid them.
*Learn what really happened when the Hunt brothers attempted to corner the silver market.
*Look at the principles underlying hedge funds and how futures can be used to create your own personal hedge fund.
*Plus so much more - 103 minutes in all.
*This video is in VCD format. It will play on both CD and DVD computer drives. It will also play in most DVD players.

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Forex Robot Trading Tips and Strategies

Entering the foreign exchange market would be easier and more fun, not to mention profitable, if you had a forex robot to help you out. The software is designed for beginning traders, but is also being used by professionals. This particular financial market has been recently opened to regular and beginning traders like you and me. Before you start out, first pay heed to these forex autocash robot trading tips and strategies.

o The forex autocash robot is a tool. This means that it will be able to help and guide you through market transactions. However, it is not to be used as the main decision maker in the buying and selling of currency.

o Use the forex autocash robot for 24-hour monitoring of your chosen currency pair. The currency market is the only financial market that can do trading nonstop. This is because of its round-the-world characteristic. Professional traders take advantage of this fact and utilize the services of a forex robot accordingly.

o A beginner can start with a tutorial, a virtual trade, or a small amount on a real trade. The forex autocash robot can be tutor, broker, and adviser in one. The big trades can wait until later as more experience is gained and the ropes are learned.

These are the three main forex robot trading tips and strategies for a beginner in the currency market. Take these simple tips to heart, and jump into the lucrative financial market where you will be trading along with big banks and governments of the world.

We've tested and tried hundreds of forex trading systems and automated robots. For our top two that we recommend, visit, http://www.forextrading-4x.com

Fibonacci – The Leading Marker

By: H. Hamid of SimplyProfit.net

Indicators such as moving averages and stochastics are generally attempting to fit onto a market. They may not necessarily work in all market conditions and they do not have any intrinsic properties that a market has to abide by.

However, this is not true of Fibonacci. What I think makes Fibonacci exceptional is that the Fib ratios are inherently part of natural systems, including the markets. Fibonacci ratios do not have biases for certain market conditions or economic cycles. And Fib ratios aren’t trying to fit a certain style or market; rather they are simply a natural part of market movements.

This makes Fibonacci robust, versatile and timeless.

One of my favourite Fibonacci plays is a retracement from the 88.6% level. This level is derived by taking the 61.8% Fib Golden Ratio, square rooting it, and square rooting it again.

A retracement consists of an initial move, a retracement of that first move, and then the subsequent move from the retracement, like so:

Now when I say, “This is an 88.6% Fibonacci retracement”, all that means is that the retracement is 88.6% of the size of the initial move. So if the initial move was 100 pips up, the retracement would be 88.6 pips down. It doesn’t matter if the initial move was up or down.

Here are some examples of the 88.6% Fibonacci retracement.

Firstly, a 5-Minute GBP-USD chart where the initial move was up followed by a downward retracement:

Now a weekly USD-CHF chart, where the initial move was down followed by an upward retracement:

This is a fantastic example of the accuracy of Fibonacci levels. After the initial move down, the price retraced back up 1,821 pips over 27 weeks, and hit the Fibonacci level within 2 pips! These kinds of setups can allow traders to have single trades that yield over 1,000 pips while still controlling their risk.

And just to showcase the versatility across markets, this is the Daily chart for the NASDAQ stock, Apple (Symbol: AAPL):

Here the stock price moved down over $27 in four days, then retraced to within a few cents of the 88.6 level, before moving down again.

When I trade a Fibonacci retracement, I like the price to hit the level and move away within one or two bars of the timeframe I am using, i.e. not hang around the level for several bars. In the three examples above, the price bar hit the 88.6 level once, and once only. Secondly, I like the level to be respected cleanly: the price shouldn’t penetrate the level significantly; rather it should hit the level accurately.

I always trade with a stop, and my profit target is where the retracement started, i.e. the end of the initial move up or down. Often the price will surpass that target but I am happy to take my profit at this point. I will only trade this setup with a good risk/reward ratio, usually 1:2 or greater. If I can’t find a place to keep my stop at a reasonable distance compared to my target, I will pass on the trade.

So what can we learn about Fibonacci?
1. Fibonacci principles are timeless. You won’t find yourself needing to tweak or abandon Fibonacci ideas when markets change.
2. Fibonacci principles can be used from the smallest time frames to the largest.
3. Fibonacci has no biases for certain markets: you can use them on anything that has a chart, from a stock, a currency pair, a metal or even a complex derivative.

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Forex Social Platforms - an Opposing View

By: Christopher Lewis

Over the last couple of years, there has been a push in the Forex world towards social media. Many traders find themselves attracted to websites such as Currensee and eToro as possible places for trading ideas. Most of these places will give you an opportunity to follow a particular trader, some for free and some for a small cost. The ability to see what other traders are thinking is in theory a huge advantage. But the question remains whether or not these websites can prove to be helpful for the new trader.

In order to fully understand the concept, let's take a look at some of the potential advantages of social Forex trading platforms. It is by breaking down the advantages into small pieces that we will begin to understand the worthiness of these websites.

One of the first things Forex social trading platforms tout is the ability to follow winning traders. The truth of the matter is that winning traders on social platforms tend to be new traders themselves. It is ridiculous to think that somebody who just started trading is somebody you should follow. While it is true they may be on a hot streak and up 317% over the last three weeks, the reality is that sooner or later they are going to start taking losses. A trader like this is undoubtedly leveraging their account way too high. While he gives them great looking gains, the losses when they start taking them are going to be absolutely disastrous. It is because of this that you see a revolving door of "winning traders".

The other big thing that Forex social trading platforms promote is the ability to see what other traders are thinking. While in theory this sounds like a good idea, the reality is that the average trader on these platforms hasn't been trading very long. Because of this, their opinion may or may not be founded on reasonable analysis. Quite often you will see large amounts of these traders buying at the absolute top, or selling at the absolute bottom. You must know that even the most experienced professionals are taking losses, and as such you should be careful following their thought process. So when it comes to the thought process of somebody who's only been trading Forex for three months, the odds of it being a winning thought process diminish greatly.

Many of these social platforms are simply ways to make money for the owners. It might be through advertising, it can also be through referrals to brokers, or possibly even a situation where the broker actually owns the social platform. It is in the broker's best interest to have you trading is much as possible, and with as much leverage as possible in order to separate you from your money as quickly as possible. 

*The opinion presented in the article is that of the author alone, and does not represent the opinion of DailyForex.com

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Forex Trading For Newbies

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Forex Robots V Forex Courses - Which is the Best Way to Enjoy Currency Trading Success?

Most traders who want help in formulating a currency trading strategy either buy a Forex course or a Forex robot but which is the best method to lead you to currency trading success? Lets look at both options.

On the fact of it Forex robots look the better option because you have to make no effort and they promise you an income for life for around a hundred dollars. Now you may be saying that looks to good to be true and you would be right it is - all the cheap software packages you see sold online will lose you money. If they really made money, the vast majority of traders wouldn't lose money and they do and let's face who wouldn't buy an income for life for a life for a hundred dollars?

So can Forex courses lead you to currency trading success?

The answer is you do have to work but the good news is they normally come from experienced traders who give you proven strategies you can apply for profit. In addition, a good course will show you in live real time trading how the tools work so you can get confidence in them for when you come to trade on your own. All the best courses will have money back guarantees so if for any reason you don't think the course ore currency trading are for you get you money back.

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4 Main Risks Involved In Futures Trading

There’s no doubt that futures trading is inherently a risky business. Anyone who tells you it is 100% risk free is either ignorant or trying to sell you something. The truth is futures trading is a gamble. There’s no telling when you are going to win or when you are going to lose. The best strategy is to play this game based on the cards you have and hope for the best.

Futures trading does have huge rewards if you win and that’s probably the reason many people are attracted to it. However the chances of you losing big is just as great if not greater particularly if you are new to futures trading.

I outline the 4 main risks when trading in futures. You might want to read further before deciding futures trading is suitable for you.

1. Speculative Business

Futures Trading is speculative in nature. No matter what the experts tell you or predict, it is not always 100% accurate. Take it with a pitch of salt. The best investment strategy is not to put all your eggs in one basket, divesting your investment among different financial instruments.

2. Financial Backing

Futures Trading requires a large capital outlay at the beginning which is expendable. Therefore it is definitely not for the faint of heart. If you are thinking of making money in futures trading to pay your bills, then my advise is don’t. You should not use money to pay your bills/loans/grocery to dabble in futures trading. Only use money you can afford to expend.

Ideally, a person who wants to play in futures trading should have at least $10,000 USD in his/her personal trading account.

3. Technical Knowledge

Futures Trading requires an intimate knowledge of financial instruments. At the very least, you should be knowledgeable in the 4 main investments categories namely, income, growth, speculation and inflation hedges. Without adequate knowledge, it will restrict you to where you can invest on the market and lose potential revenue on a particular sector of the financial market.

You might be thinking I can always rely on my broker for advice. While it’s good to seek the advice of someone knowledgeable, you should be able to make intelligent decisions on your own and the only way to do that is if you have sufficient knowledge.

4. Only Invest What You Can Lose

I would not advise someone new to trading to dabble in futures simply because of the risks involved.

You should have a balanced portfolio with only a certain percentage invested in futures. My advise is about 10% but that depends on your financial standing and your investment strategy. In general, only use money that you can afford to lose in futures trading.

The 4 main risks I outline above is not meant to discourage you from futures trading. What I want to make clear is you fully understand the risks involved and also what you need to do to better your chances at winning in futures trading.

Swing Trading Essentials with Jon Markman

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Markman's "campaign rule book" reveals the essential elements needed to craft programs that consistently enhance your advantage and increase your rewards. Step-by-step Jon explains how to:

· Develop a "campaign" for making precise buy/sell decisions.
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· Gauge the "mood of the market" with 3 key checklists.
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Forex Trading Made E-z

If you've had any experience checking out the many Forex sites on the internet you know most of them promise quick profits with little effort. Like picking low hanging fruit.

This just doesn't happen. You have to work at it!

That's why we suggest you start small and work it up. Your fear of losing is minimized because you gradually accept what you need to do each time, at each level.

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Swing Trading with Oliver Velez

Finally a video workshop on Swing Trading! Comes with online manual featuring everything you need to master Swing Trading and take it to new levels of success. See why one trader says he bought the tape and made $700 on a short sale right off the bat using the technique. Seriously..a quality Video.

Jacket Description:
Here's one of the very first video presentations on Swing Trading available today. Pristine.com and The Pristine Day Trader's founder, Oliver Velez, packed the halls at the recent International Online Trading Expo and set new attendance records. Now, you can view this incredible presentation-accompanied by an online companion manual-giving you all the information on taking swing trading to new levels of trading success.

You'll find the proprietary techniques the Pristine staff have refined over the years-presented in the most easy to understand way. These concepts form the corner stone of every sound trading strategy and, once mastered, traders will rarely find themselves on the wrong side of the markets. Viewers will find:

- An introduction to swing trading basics and benefits
- How to spot opportunities using successful swing trading criteria
- Key set-ups and using moving averages
- Reading charts successfully-especially Japanese Candle Sticks

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Forex Trading For Newbies (1st Release) - 75% Comm

Learn How To Conquer The Forex Market By Trading Like The Pros With No Experience Required! With the Forex Trading For Newbies System your trades will improve overnight. Whats more, you will also stop stressing out about indicators and charts!

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Fibonacci and Forex: The Natural Connection

By: Huzefa Hamid

I am very pleased to have been invited by DailyForex to write this short course on Fibonacci. Together we’ll begin with the basics of Fibonacci and build on the concepts until we reach the stage of being able to plan trades. We’ll round off the course by looking at actual trade examples, including some trades that I have taken myself.

So this is where it all begins: the “Fib Numbers”. Leonardo Fibonacci was a 13th century Italian mathematician who made popular a simple sequence of numbers that came to be known as the “Fibonacci Number Sequence”.

The sequence is this: starting with 0 and 1, each number is the sum of the previous two numbers. So after 0 and 1, the next number is 1, followed by 2, followed by 3, then 5... you get the idea. The number sequence goes on forever, expanding to infinity:

0
1
1
2
3
5
8
13
21
34
55
89
144
233
377
610
987...

These numbers have some unique properties. Let’s take two consecutive numbers in the sequence: 21 and 34. If you divide one by the other, 21/34, you get 0.618. If you take any other two consecutive numbers, for example, 144 and 233, and divide one by the other, 144/233, again you get 0.618. It doesn’t matter how far down the sequence you go, you will always arrive at 0.618 when you divide one number in the sequence by the next one along.

This particular ratio, 0.618 (or 61.8%) is known as The Golden Ratio.

Aside from 61.8%, there are other ratios present in the Fibonacci sequence. The next ratio is found by taking a Fibonacci number and dividing it by the number two places along in the sequence. For example, if we pick 21, we would divide it by 55, which is two places along. This gives 0.382 (or 38.2%). You would get 0.382 no matter which number you started with as long as you divide it by the number two places along. So, 89 divided by 233 is again 0.382.

Continuing with this idea, if you divide a Fibonacci number by a number three places along in the sequence, for example, 55 divided by 233, you would get a new ratio: 0.236, or 23.6%.

So far, we have discovered three common ratios in the Fib number sequence:

0.236 or 23.6%
0.382 or 38.2%
0.618 or 61.8%, also known as “The Golden Ratio”

This is all great: it’s an interesting idea, but where does it lead us in our journey as traders?

The reason this series of numbers, and its associated ratios, are still being discussed centuries after first being widely known, is because they are found everywhere in nature, and today they are found in the markets.

For example, the human body is built around these ratios:

From the foot to the naval, to the head, the common ratios of 0.236, 0.382 and 0.618 are found in the proportions of the human body.

The proportions of DNA strands are also in line with the Fibonacci ratios. So are the proportions of the Moon to the Earth and even Saturn’s rings. The Greeks, over two thousand years ago, used the Golden Ratio when designing the proportions of the Parthenon, as did the Egyptians when calculating the size and height to build the Pyramids. Flowers more often than not have precise “Fib” numbers of petals, such as varieties of daisies with 55 petals and 89 petals.

Given that Fibonacci ratios are present from the smallest in DNA to the largest in planetary systems, it’s no surprise that these same ratios are seen in the way price moves in the market.
Let’s take a look at an example of price moving in harmony with The Golden Ratio. This is a daily chart of EUR/USD.

The price moves from the major low, at Point 1, to the major high at Point 2, then retraces 61.8% of that distance, before moving off again to continue the original upward trend.

What ratios are we going to use when trading?
Aside from the three ratios discussed, there are other ratios that are used by traders (and also found in nature for that matter). Three more common ratios are as follows:
0.786: the square-root of The Golden Ratio
0.886: the square-root of 0.786
1.618: the inverse of The Golden Ratio, i.e. 1 divided by 0.618
To summarise:
1. Fibonacci begins with a simple sequence of numbers, each number being the sum of the previous two
2. Dividing consecutive numbers in the sequence, and numbers separated by one or two places, gives the common Fibonacci ratios: 0.236, 0.382 and 0.618. The last ratio, 61.8%, is also known as The Golden Ratio
3. These ratios are found in nature and are also found in the way price moves in a market
What’s next...?
Next week, we’ll begin examining how price moves in a market and how Fibonacci ratios are tied in with those movements.
Ready to try out Forex trading? Open a demo account now!  

 
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The Insider's Guide to Forex Trading

This a DVD with a 82 page online manual included. Kathy Lien, Chief Currency Strategist at Forex Capital Markets, walk you through the advantages this growing market brings and arm you with her years of expertise and successful strategies in this from-the-inside-out guide to forex trading. You will get direct access to the tactics that provide the greatest potential without paying the high price expensive research time and mistakes. Also, Lien outlines why short-term traders are well suited for the foreign exchange markets and how the data available for currencies makes it ideal for technical analysis. With thorough research and real-world approaches Lien shows you: -How forex can be traded for the long or short term and the advantages of both approaches, -Detailed explanations of what drives the trends in forex, -The fundamental elements that influence forex and how to interpret them, -Trading tactics unique to currencies that you can use to boost your trading portfolio, -The four key rules to winning in forex. See the advantages for yourself and get tactics you can use to limit your risk and protect your trading profits. Don't go into currencies without the insight and perspective of an expert. From the return boosting advantage of interest paid out on currencies to the flexibility 24/7 markets offer, you'll be ready to use the tactics, tools and experience in this course to tap into the huge potential forex trading offers.

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Three Forex Strategies That Sound Good – But Aren’t

By: Christopher Lewis

There are many Forex strategies that sound good on paper, but aren't quite as reliable in practice. While it is possible to make these strategies work, it's often not worth the trouble and risk of loss.  Here are three Forex strategies that sound good - but aren't.

One of the most common Forex strategies that sound really good is the moving average crossover strategy. While the strategy certainly can work over time, it is rather counterintuitive when it comes to human psyche. The problem with the moving average crossover system is that they rely on a clear and defined trend. If you've been trading for a while, you know that the market only trends about 20% of the time. Because of this, you have to be able to absorb several losses before you get that one really good trade.

The idea is that one moving average will cross over the other, signaling a change in momentum. Once you take that trade, you do not exit until the moving averages cross back over each other signaling and reverse and the momentum. The problem is that if you are stuck in a sideways move the market, the averages will crisscross quite often leaving you taking one loss after another. On top of that, you have to deal with the human psychological aspect of taking so many losses before finally being rewarded. Very few traders can do this.

Another common Forex strategy that is absolutely toxic is what is known as the "Martingale strategy". While not a trading system in and of itself, the idea of this strategy is to gradually increase your position size under the idea that you will eventually be right. This has been popular lies in places like Las Vegas, and, as they say, things that happen in Vegas should stay in Vegas. The basic premise is that you risk a certain percentage, say 1% of your account on the first trade. The second trade, assuming that you lost on the first trade, will be placed with a 2% risk. This repeats until you eventually win. The biggest problem with this is that you can go on losing streaks. Before you know it, you may have lost half of your account.

Another common Forex strategy that simply isn't a smart one to use is the black box strategy. The black box strategy isn't any one particular strategy at all, rather it is an automated strategy that you pay for and the computer trades for you. While the strategies may mathematically look promising, they cannot react and adjust to so-called "Black Swan events”. What this means is that if the market is presently melting down because of some kind of political event in Asia, the black box system will simply keep trading based upon its mathematical models. One of the largest blowups in history was from a fund called Long-Term Capital Management that practice this exact type of trading. In a nutshell, a bond default in Russia sent the markets into a panic. The LTCM models were not prepared to deal with this type of event, even though they had made astronomical gains before it. The system simply traded itself the way it always did, and loss the firm massive amounts of money and was one of the biggest disasters in the financial world’s history. By the time it was all over, the Federal Reserve Bank of New York had to organize a bailout of $3.625 billion to rescue the find as it was a serious systemic risk to the financial world at large.

As you can see, there are plenty of ways to lose money in Forex trading. The trading business is difficult, and there are no shortcuts, despite what some experts may have you believe. The one thing that these poor Forex strategies all have in common is the attempt to either over-simplify trading or make it completely mechanical. If you're willing to look beyond the easy way out, you'll likely find more realiable Forex strategies that will keep you in the green.

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The relationship between crude oil and Cad

Crude oil and the Canadian dollar have historically had a very strong relationship, most of the time, the two assets that have a high degree of correlation.

This can be explained by the fact that Canada has that you reservations in the second-largest oil company in the world after Saudi Arabia. In addition, a large number of these oil reserves is pumped into the United States, making Canada the largest source of energy for the American economy. Thus, investors focus on crude oil prices to measure the direction of the Cad of the negotiation.

The correlation between crude oil and Cad was quite easy to exploit at the time, but all this came to an end in the last few weeks as crude oil began to fall quickly while the Canadian dollar fell only a few basis points during the same period. Probably, this is due to different fundamental factors: oil fell as the market was re-pricing the outcome of the global demand, while the Cad traded mainly linked range, along with the rate of the dollar and other major currencies, as it seems that the financial market saw dollar more than it would ever be necessary (the market remained in the mode of) (only for a brief period risk aversion).

The attached graph shows how behaved DAC and crude oil in the past 15 months (from 03.01.2008 to 07.14.2009), while the secondary chart shows the weekly correlation between the two. The green zone denotes the periods when it was the implicit correlation between - 0.5 and - 1.0, which are the phases when crude oil can be used for the direction of forecasts Cad. As a note, the long periods when the crude oil and Cad did not have any correlation or moved in the same direction - which we have right now, by the fact that the rate of correlation varies between - 0.5 and 1.00 - occurred only when the market reversed the previous trend.

Written by the team of trade TheLFB, © 2007-2008 LFB services, LLC. All rights reserved. http://www.TheLFB-Forex.com

Risk TheLFB notice can be found at http://www.thelfb-forex.com/content.aspx?id=174.

Copying, distribution, republication or redistribution of content TheLFB is expressly prohibited without the prior written consent of LFB Services, LLC.

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Forex Trading Pro System Review - Learn Forex Video System

Do you want to find out more about the Learn Forex Video system called Forex Trading Pro System? This course is about learning the main concepts behind the currency market and then using this knowledge to find profitable trades to make money from. It is certainly not some overhyped automated Forex trading robot that claim to help you make hundreds of thousands of dollars every month.

1. How Will Traders Following the Forex Trading Pro System Find Profitable Trading Setups?
Instead, it contains a series of tested and proven real-live strategies that expert traders from all over the world are using to generate income with. Members will be taught on how to make use of the set of indicators and price action analytical tools in order to find the most profitable trade set ups. Once found, I will follow the money management method to know how much of my money I should place in the trade depending on my trading account size at that point in time.

2. What is the Difference Between Using the Forex Trading Pro System as Compared to Using Other Forex Systems and Software?
This system is certainly not like those automated Forex robots which their owners claim can help users earn money automatically every day without having to pay attention to. All I can say is that most of the automated robots that I have tried thus far have failed miserably, most of which are just rehashed and renamed version of the same program that does not work.

This is due to the fact that currency market conditions can change rapidly, and any successful trader will need to have an overall fundamental understand of the market before knowing which direction of trades he or she is looking for. This system has taught me all I need to know about how to identify the trends in the market and trade according to those trends to make a regular monthly income.

3. How Can You Expect to Benefit by Learning the Forex Trading Pro System?
This program basically teaches traders on all the foundations of successful currency pairs analysis even though there are many tools provided for members to quickly analyze charts. Anyone can follow the step by step instructions to profit, but I would highly recommend all interested traders to fully understand how it works before attempting to risk any real money with it. All the strategies have been tested to be statistically profitable, thus one should not panic when there are short term losses but to keep the long term in mind.


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The Little Book of Currency Trading: How to Make Big Profits in the World of Forex (Little Books. Big Profits)

An accessible guide to trading the fast-moving foreign exchange market

The foreign exchange market, or forex, was once dominated by global banks, hedge funds, and multinational corporations, but that has all changed with Internet technology and the advent of online forex brokers. Now, hundreds of thousands of traders and investors around the world can participate in this profitable field.

Written by forex expert Kathy Lien, The Little Book of Currency Trading will show you how to effectively invest and trade in today's biggest market. Page by page, she describes the multitude of opportunities possible in the forex market, from short-term price swings to long-term trends, and details practical products that can help you achieve success, such as currency-based ETFs.

• Explains the forces that drive currencies and provides strategies to profit from them
• Reveals how you can use various currencies to reduce risk and take advantage of global trends
• Examines financial vehicles that can help you make money without having to monitor the market every day

The Little Book of Currency Trading opens the world of currency trading and investing to anyone interested in entering this dynamic arena.

Q&A with Author Kathy Lien

Author Kathy Lien

What is the most effective way for investors to make money in the currency market?
The best way to make money in the currency market is to think of it as an investment. When most people see advertisements by forex brokers, their eyes start to widen on the offers of high leverage and the possibility of tremendous returns. It is attractive and almost irresistible. However, even though currencies can provide attractive returns, leverage is a sharp double-edged sword. High returns come with high risks, which can be suitable for some but not all investors. Currencies are a great asset class for people looking to diversify their portfolios. And throughout the year, currency values can increase or decrease anywhere between 5 to 25 percent. With U.S. Treasuries yielding next to nothing and our bank accounts earning only a few cents on the dollar, most of us would be satisfied with 5 percent, let alone 25 percent return. There is no need to use excessive leverage - taking it slow and easy increases the chance of seeing your account grow.

Over the past 10 years, the forex market has evolved significantly and competition has brought many benefits to new forex traders. Most forex brokers will offer free education and practice accounts, and new traders should take advantage of them because the most effective way of making money in the currency market is learning how the market works and to practice, practice, practice before dumping significant capital into a live account.

From a more practical perspective, there is no need for monogamy when it comes to trading currencies. Take the best of both worlds and combine both fundamental and technical analysis. The Little Book of Currency Trading will teach you how to identify the big stories affecting currencies and how to pinpoint places to enter and exit your trades. You may know more about currencies than you actually think. If you have ever traveled to another country or if you love to read about political or economic developments abroad, then you have already gotten a taste of what moves currencies. Start by trading what you know, and at the onset, bank your profits when you have them to build your confidence and your knowledge of how the currency market moves.

What indicators or economic data should investors monitor to identify a potential profit opportunity in the currency market?
News moves the markets and economic data is a consistent event risk that can provide daily trading opportunities by driving meaningful moves in a currency. However not all economic releases are equally important, and it is essential to be able to delineate between what will and will not move the currency. As a rule of thumb, put yourself into the shoes of a central bank -- whatever the central bank watches is typically what can move the currency because it can help determine whether the central bank will raise or lower interest rates. This includes employment, retail sales and inflation reports. The best trades are the ones that are also aligned with the current prevailing trend and sentiment in the foreign exchange, something that the Little Book will teach you how to do.

What is the learning process for an individual investor -- who already has experience trading stocks -- in the currency market?
Trade what you know. If you trade stocks using technical analysis, you can do the same in the currency market. In fact, technical analysis is one of the most popular ways to analyze currencies. It will be important to learn about the unique characteristics of the market, including round the clock trading and general trading mechanics. But after that, you can use Fibonacci retracements the same way you do in equities in currencies. For traders who love to follow developments in Europe or Asia -- once again, trade what you know. If you travel to London often and have a good idea of how the U.K. economy is doing, your outlook can be translated into a currency trade. The same is true for traders who have an opinion on whether the Eurozone will go bust due to their debt crisis. Currencies just offer another vehicle to express the views that as stock traders, you may already have.

Historically, the currency market often produces long-term trends that provide a great opportunity for profit. Do you think that will continue in the years ahead?
Currencies have been around for hundreds of years in one form or another and are little confidence measures of a country. If you believe that business cycles repeat themselves -- with expansion followed by contraction and contraction followed by expansion -- then the long term trends of currencies will continue to be evident because the optimism or pessimism of investors usually follows the business cycles of each country. The reason why currencies have had such strong trends in the past few decades is because in general, the outlook for a country gets progressively better or worse, and this dynamic is reflected in the value of the currency. Using a unique easy to understand tool, the Little Book will show you unique ways to join the trend and minimize the risk of chasing a move that quickly fades.

Price: $19.95

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How to Save Yourself from Forex Scams

Forex trading is one of the best home based online business opportunity you can find today. The Big Sharks know that and use the demand for information about Forex market to get every possible dollar in their hands.

Who are they? The answer is always easy – Follow the Money. There is one player on currency market (and in every other market) who never loses his share in every single trade. Brokerage service on Forex trading is claimed to be commission free, right? But you always pay your minimum 3 to 10 pips fee on each trade. Where those 3 to 10 pips go? Make your best guess!

There is almost no chance for a person who has no idea for the forces driving the Info market to save himself from being robbed and abused by those well advertised money machines. You can see their banners on your e-mail provider. You can watch their infomercials on every TV channel.

Be aware about the presence of those Big Sharks and be sure that the information they will try to sell to you is always available for free online. Most of the time the quality and the real value of that free information is much better than the one you will be asked to pay for.

Here is the story of a good friend of mine. He was very excited about Forex when he first time heard about it. That happened to be on one of those popular free seminars, organized by one of the Big Sharks on that field. So he got the bite without paying attention for the hook in it. He went to the next level – two days training for $1,995, only.

He came back more excited. He opened Forex trading account on that seminar, using a special form provided by the Big Shark Company. They honestly declared that by doing that the broker agrees to pay them one pip from each trade made by the customer recruited by them.

My friend started real trading, constantly increasing the amount of his investment until he put all of his savings into that Forex trading account. Everything was fine until one beautiful day of October. On that day he got the news: his broker filed under chapter 11.

He was broke. I asked him how successful was his trading? His answer was that he actually lost 30% of his investment, from trading, only. He was able to realize know that the training was completely inefficient and not even close enough to start trading with real money.

Something big was missing here. He was missing the big picture in the entire game. His trading experience was very frustrating. After each trade he felt like just hit the wall with a car flying with 100 miles per hour.

A few days ago my friend called me on the phone. He was very enthusiastic about a new Forex training package, just delivered to him. I decided to check it by myself, too.

The package is very detailed. All the missing information about the big picture is there. More than 20 hours of free videos are revealing all you need to know about that business. Zooming towards Forex trading is very smooth and on the level every beginner and advanced trader will tremendously benefit of.

The one unbeatable and shocking advantage of this package is that it delivers information, priced from between $3,000 and $10,000, for free.

Finally we got something valuable about Forex trading, very professionally developed, for free.

Probably, that will put the Big Sharks business on hold for awhile, for the good sake to all of us.

So, be careful and keep an eye on the Internet unlimited free resources if you want to self yourself from the Forex scam.

Happy Forex trading!