Do Your Research

When you trade, you never want to trade impulsively. You need to be able to justify your trades, and the way to find justification is by doing your research. There are many books, newspapers and other publications with information about trading the FX market. When choosing a source to consult, make sure it covers:

The basics of the FX market
Technical analysis
Key fundamental news and events
Because the FX market is primarily a technically driven market, the best book that you can read as a new trader is one on technical analysis. The better you get at technical analysis, the better you can trade the FX market from a speculative perspective. (For further reading, see our Introduction To Technical Analysis.)

When it comes to newspapers, seasoned foreign exchange traders typically refer to the Financial Times and the Wall Street Journal simply because they contain international news. Trading FX involves looking beyond mere economics, since politics and geopolitical risks can also affect a currency's trading behavior. Therefore, it's also important to keep up with major non-financial news sources such as the International Herald Tribune and the BBC (online, on TV or on the radio) for the big stories of the day.

One of the most popular magazines among FX traders is the Economist, because it covers many macro themes; however, currency-specific and trading magazines are also popular.Once you have a solid foundation in FX trading, you need to keep up to date on daily fundamental and technical developments in the FX market. A variety of free FX-specific research websites, which can be found easily on the internet, will do the trick.Education and Mentoring Programs - Are They Worth It?
The benefit of online or live courses over books, newspapers and magazines is that you can get answers to the questions that perplex you. Hearing or seeing other people's questions is also extremely valuable, since no one person can think of every possible question. In a classroom setting, either online or live, you can learn from the experiences and frustrations of others. As for a mentor, he or she can draw on personal experience and hopefully teach you to avoid the mistakes he or she has made in the past, saving you both time and money.

Savings Account

A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate. Depending on the specific type of savings account, the account holder may not be able to write checks from the account and the account is likely to have a limited number of free transfers/transactions. Savings account funds are considered one of the most liquid investments outside of demand accounts and cash. In contrast to savings accounts, checking accounts allow you to write checks and use electronic debit to access your funds inside the account. Savings accounts are generally for money that you don't intend to use for daily expenses. To open a savings account, simply go down to your local bank with proper identification and ask to open an account.

Salam To All

Salam To All

I was out of town so couldnt write properly, Now i came back and hopefully i will post new articals and you all will like it.

But you all must have to read and write ur comments so that i can maintain my blog.

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FoRex SaVings AcCouNTs

FOREX Bank provide a good rate of interest on the savings.
Just sign up for forex saving account with advantages terms and with that u can save for ur vacation or whatever u want to do.
You can deposit lump sum or save on regular basis and earn interest from the first krona and whenever u want to withdraw the money u can with draw with out any deduction or fees.
To open a account online is very easy with electronic identification. Even a minor can open that account  but the gaurdians must presents ID in personally at FoRex Branch.All the documents must be varified.
FoRex Save is covered by the govt deposit scheme that means if the bank declares bankruptcy, the customer will get back his full holdings which he has in the accounts. Reimbursement Amount  is nearlly upto SEK 500,000. Customer will be paid or he get his money back within 3 months of the day bank declared bankruptcy.Rest you can find through the forex saving accounts scheme.
You can track ur account online as well and can check all the transactions, Even u can transfer to other accounts also.Onlien banking for forex saving is absolutely free.But online banking is only approved or the customer can only get that benefit when he is of legal age.
For more detail u can see forex saving accounts online .

AbOuT Me

Hi
My name is ATA. I just want to share my ideas and views about ForEx with everyone. I m new in this field but what ever i have learned in this field i will like to share with everyone. In this blog i will updates the latest news about ForEx and whatever is going on in my surroundings.
Hope u will all will like it. Still if i do some mistakes Pass Ur Comments so that i can rectify what i have done wrong.
So hopefully i will join the party soon.