Your Questions About Forex Market
Saturday, December 31st, 2011
Lizzie asks…
forex market?
Is the forex market a goood investment ?
admin answers:
As with any market… It is if you understand it, you can make healthy returns – but there are risks. Particularly for the novice investor, though, its been very associated with “scams” in recent years.
I suspect if you are posting a question like that, then the answer is no.
Jenny asks…
Is forex market is better way to gain some money ?
i know forex market is dangerous one, there are many theories teach us how to make money with it. I just want to play safely. Anybody know some tips about forex?
admin answers:
Ha! The Forex Market a dangerous one? It won’t kill you physically but it could maim or seriously damage your financial health!
Basic tips about forex:
1. Have a plan
2. Have a plan
3. Have a plan
A plan is important, you must have an entry execution plan, a trading plan (while the trade is on) and an exit plan. With the plan you must have a stop loss, and its up to you to have a profit target or not depending on your system.
Sharon asks…
Any good method to play when forex market in trending?
Is there any good method to play when market in trending where we can see market is going up or down?
admin answers:
Supra Forex has been working well for me, especially the new daily signals.
Ruth asks…
i need websites for information about huge profit from forex market?
friends i need some websites where can i know how to make earn money from forex market and how to make profit from forex market and after i want to invest money in forex.
admin answers:
This website is a must to see for all forex traders, particularly, beginners. It will lead you to a leading, reputable and reliable forex broker with regional offices worldwide in the usa, canada, uk, europe, australia, middle east and asia. For one, you may download a free forex ebook for your reading and a free demo account for constant practice. Two, they have both a daily and weekly outlook giving important news, insights and updates of the forex market. Three, they have an Info Center where you can read through for any information you want about forex trading. Four, they have developed innovative tools exclusively for their trader’s use in analysing and foecasting currency trends and structures. Fifth, they provide, also for free, every trader a dedicated personal account service manager or asm as mentor and consultant where you may discuss anything about your trades and requirements via phone, email, chat or even personal meeting if available in your area. Plus a lot more trading features unique from other brokers. All the best.
Charles asks…
when will there be volatility in forex market again similar to decade ago?
can i expect forex market volatility when the world economies recover from recession? Or there will be no volatility anymore in today’s economic environment as compared to decade ago?? also, why forex market are not volatile anymore? whats the reason behind this? thanks
admin answers:
I don’t think you understand the concept of ‘volatility’.
For example, the 10 day historic vol of the GBP on 16 July 1999 was 5.7%. Today (16 July 2009) it is 13.4%. I have no idea where you get the idea that there is no volatility in the forex market.
The last price of the VIX is 25.89 as at close of 15 July. A decade ago, on 15 July 1999 it was at 18.68. The world economy came out of the Asian crises where the VIX peaked at 45.75 on 10 August 1998. Again it went up to a new high of 80.86 on 20 November 2008.
As a general rule, volatility is highest running up and during a crises and will come down when the cises is coming to an end.
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