EUR/USD

EUR/USD continues on its way down and now it is a trend which must be taken to consideration even for long-term Euro bulls. Correction which has seemed to be trying to return EUR/USD back to bullish trend on 04/06 and 05/06 stopped too soon releasing EUR/USD to even deeper lows. Today on Forex EUR/USD reached new low since March and it doesn't seem to be stopping yet. Overall there are some good data from U.S. coming almost everyday. Today - Retail Sales came out to be more than twice as higher as expected - 1.4% against 0.6%, while oil and gas reserves remained on high levels.

New e-gold Broker

New e-gold Broker - Ava FXToday I am introducing a new Forex broker that allows e-gold deposits (not only, also PayPal, Western Union, credit card and Wire Transfer) - Ava FX. It doesn't support Metatrader platform but it provides traders with its own platform that is claimed to be very easy to use. Good thing about this broker is that it offers bonus on client's deposits - $50 on $100 deposit, $100 on $,1000 and $200 on $10,000.Labels: ava fx, bonus, e-gold, forex, forex brokers

EVOLUTION OF A TRADER

EVOLUTION OF A TRADER Every Trader goes through the following stages of evolution:1) Basic market reading - is the market going up or down? Note, that at this stage, very few people think of the third possibility.....that the market could be going sideways2) Setting targets for the envisaged move - During this stage the person is happy if the market moves in the envisaged direction and even if the market comes just close to the target but misses it3) Getting to know all the scores and scores of Technical Indicators and tools, thinking that knowing the tools is the secret of successful trading.During this period, the person is focussed on "being right", the mentality is "me against the market", or even, "my forecast is better than yours". The person trades during this period, experiencing both profits and losses, but consistent profits elude her. She is happy every time there is a profit, no matter if it be small and tends to forget about the lossesSlowly, the Trader moves onto the next plane of evolution, wherein:1) She starts to think about various possible scenarios....and starts to think in terms of "If-Then-Else"2) She starts to think in terms of Probability....what are the chances of the IF or the THEN or the ELSE happening3) Starts to think in terms of Risk-RewardHaving mastered this higher plane, the Trader can then move on to the next plane1) Thinking in terms of strategy2) Managing multiple positionsAll of this takes time, TWO years at the minimum. During this period, one should trade as small as one can, alternating one month of Real trades with one month of Paper trades and so on.Learning to trade FX is not the same as learning to ride a bicycle or learning how to swim. Please think about it.If you have any queries, comments, problems or suggestions, please feel free to write/ call at our e-mail and phone numbers below.And, please take a look at our forex trading signals by clicking on "FX Thoughts for the Day"Learn to trade with an Online Trading Simulator featuring live quotes and charts.

Today

Today I am introducing a new Forex broker that allows e-gold deposits (not only, also PayPal, Western Union, credit card and Wire Transfer) - Ava FX. It doesn't support ****trader platform but it provides traders with its own platform that is claimed to be very easy to use. Good thing about this broker is that it offers bonus on client's deposits - $50 on $100 deposit, $100 on $,1000 and $200 on $10,000.Labels: ava fx, bonus, e-gold, forex, forex brokers

Diamond Dangle

Diamond Dangle EarringsThe brilliant sparkle of diamonds is showcased with every movement of the head. Diamond dangle earrings can range from simple to elaborately elegant. Also referred to as drop earrings

Rings with Matching

Rings with Matching BandsBuying a wedding band that matches your engagement ring is becoming more and more popularThree Stone RingsThis ring has a larger center stone with two matching diamonds on either side. Representing the past, present and future-this ring certainly draws a lot of attention

Solitaire Setting

Solitaire SettingVery popular in bridal rings, this four- or six-prong style is called a "Tiffany" setting, because it was originally developed by the founder of Tiffany & Co. in 1886. A prong setting allows the most light to enter a gemstone from all angles, maximizing its brilliance. Six prongs also provide added security in holding the stone