Forex Exchange Info, Tips & Resources

weng asked:


I have invested on forex market for a while and frequently heard about carry trade. As i know, this term means to buy in like Euro/Yen pair to profit from the difference between the two currency’s interest rate. The diffence in this pair’s interest rate is 3.5% now, but what about the GBD/USD pair which has only o.25% in difference?

Kansieo.com

b.o.r.e.d asked:


Hi,

I am going to India on a holiday. Where do you think I will get better exchange rates?

What are some of the places I can do it in Australia? I’ve heard about Forex, but the rates are too high!

What are the rates at Commonwealth bank? Or should I just do that in India? thanks.

Caffeinated Content – Members-Only Content for WordPress

Jimmi M asked:


hello people , ive started forex trading and even done a course on it . i use fxcm and my style of trading technial on 5 minute charts with 30 pip stop loss and even if i can consistently make 20 pips a day id be happy. it looks workable but ive been using fxcm for some time now and have heard that they are stop hunters, is this true? which is the best and reliable online broker ? which is the best tech. indicator on 5 minute charts or best combination of tech indicators? final question are any of you fx traders living in dubai , if so id like to look and meet them to exchange ideas. thanks appreciate the help.

what is forex exchange

Eweje egboje asked:


forex exchange market.

Caffeinated Content

Yahoo Answers asked:


I visited forex.com and want to know if its a real and original type of foreign exchange buying and selling platform so that I can trade. I am worried if its fraud. Would anyone review the site or know anything about this website if its not fraud or scam. They provide a virtual $50,000 account to trade for starters to get to know about it but, i am still in doubt.

Caffeinated Content – Members-Only Content for WordPress

may_minu asked:


i want serious replies only ! please can anybody around the world tell me some sites where i can learn about platin with foreign exchange please ? i need to learn that ….thanx

what is forex exchange

Tradefx asked:


What do you think about the eur/usd exchange rate in the short term?

Currently the rate is: 1.3532.

Technically, we see a constant uptrend since yesterday…the last our even was formed the so called “tree white soldiers” which is a potential signal for an uptrend. However I am not big supporter of the “technical analysis” since it shows only the current position of the market, but the price is driven by economic events not by charts.
So, talking about economics, here’s the situation about the eur/usd pair:

Euro:
The European Central Bank decided to leave the interest rate unchanged at 3.75% yesterday

USA:
12:30 US Producer Price Index (MoM) (Mar) now:0.6% – was:1.3%
12:30 US Producer Price Index ex Food & Energy (MoM) (Mar) now:0.2%- was:0.4%
12:30 US Trade Balance (Feb) now:$60.50B -was:$59.12B

I think the euro is now overbought and as we know from dow jones: “the history repeats”. So I would sell to reach 20 pips around 1.35.

thanks

Kansieo.com

City-Girl asked:


Can anyone reccomand me good reading material about the Foreign Exchange Market. I came across a lot of books but i don’t know which are good since they don’t have that much comments online. Please recommand some books that you know are good and helpful from personal experience. I am just starting Forex and would like to get as much info. as i can. Thank you

Create a video blog…instantly.