FOREX

FOREXTrader PRO includes a sleek user interface packed with advanced charting functionality and enhanced customisation features that sophisticated forex traders need and deserve. Get powerful trading tools, award winning forex research and advanced order types to help you place trades and manage your account. Our FOREXTrader Charts are fully integrated on the FOREXTrader PRO platform providing you with easy access and complete control. With over 70 technical customisable indicators and several chart types, we make it easy to analyse the market using technical analysis. A fully customisable trading environment allows you to modify settings to meet your personal trading needs. Create and save layouts that suit your trading style or access our pre-set layouts for maximum ease. Our convenient tear-off windows ensure that you're never far from your next trade, even when working in other programs there is the useful tip for u then u opert this flow ok.






post by :Abdul Salam

Retail sales hint consumer demand improving

By Lucia Mutikani
WASHINGTON (Reuters) - U.S. retail sales excluding auto purchases rose for a second month in September, raising cautious optimism consumer spending could support the economy's fledgling recovery from the worst recession since the 1930s.
A Commerce Department report on Wednesday showed non-auto sales rose a stronger-than-expected 0.5 percent last month, building on the 1 percent gain reported in August and beating economists' expectations for a 0.2 percent increase.
The data cemented views the economy started growing again in the July-September period after four quarters of decline, even though overall retail sales slumped 1.5 percent as car-buying incentives expired.
"There's solidity, or new strength, in all discretionary spending categories," said Pierre Ellis, senior economist at Decision Economics in New York. "We evidently have hit the bedrock level of consumer spending and can even see a little bit of normalcy going forward."
U.S. stocks were on a firm footing with some help from the retail sales report and forecast-beating earnings from Intel Corp, the world's largest chipmaker, and No. 2 U.S. bank JPMorgan Chase & Co. For details, see.
An unexpectedly big drop in U.S. business inventories in August raised the risk, however, that the economy's third-quarter rebound might miss forecasts for a growth pace above 3 percent.
Business inventories fell 1.5 percent in August, the biggest drop since December, the Commerce Department said. Wall Street economists had looked for only a 0.9 percent decline.
There were also signs of economic healing in Europe. Euro zone industrial output accelerated month-on-month in August and July production was revised upwards, providing evidence the area's economy probably started growing in the third quarter.
CONSUMER SPENDING IMPROVING
U.S. car sales tumbled 10.4 percent last month, the largest fall since August 2005, as the government's popular "cash for clunkers" program ended. The program, which gave consumers cash to trade in aging gas-guzzlers for new fuel-efficient cars, had helped push sales up 7.8 percent in August.
Elsewhere, however, there were solid sales gains across almost all categories in September. Sales were probably supported by back-to-school buying, as well as the best furniture and home furnishings sales since January 2007.
"Underlying consumer demand is a lot stronger than what some people think. Typically the back-to-school is a good predictor for holiday sales," said John Canally, economist at LPL Financial in Boston.






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Short Term Rebound for the U.S. Dollar

The U.S. dollar is gaining momentum over weak economic data. The trend should continue over the short/medium term. However, the longer term picture stays bearish for the greenback.

U.S.: The trade balance to widen further?The FOMC meeting of last week was basically a non-event, since the Fed reiterated the need to keep rates low for an extensive period of time, albeit it sees the U.S. economy stabilizing. Rates should again rise in the second part of next year, despite expectations mounting for an increment in December. In fact, after WW2, the Federal Reserve started to increase rates six months following the top in the unemployment rate, which, at present time, might happen sometimes this year or at the beginning of the next. Finally, the Fed has apparently no intention of expanding the purchase of USD 300 billion of longer-term U.S. bonds after the October’s target. With inflation so low, the consumer price index was down 2.1% year-on-year in July, a “wait and see” approach could be the best solution. In reality, economic data remains volatile. Angelo Airaghi is a Commodity Trading Advisor, registered with the National Futures Association and the Commodity Futures Trading Commission. this is the best way of earn money. In the past 10 years, Angelo Airaghi has been an analyst and commentator for national and international media.


post by :Abdul Salam

Buying and Selling Currencies

Traders can generate profits (or losses) whether a currency is rising or falling by buying one currency, which is anticipated to gain value against another currency or selling one currency, which is anticipated to lose value against another currency. Taking a long position is one in which a trader buys a currency at one price and aims to sell it later at a higher price. Alternatively, a short position is one in which the trader sells a currency that he anticipates to depreciate and aims to buy the currency back later at a lower price.
The bulk of currency activity is generated by market participants anticipating the direction of currency prices. In general, the value of a currency versus other currencies is a reflection of the condition of that country’s economy with respect to the other major economies.It is the trader’s option to take either a conservative or a more risk-taking approach. Employing a conservative approach, the trader establishes and liquidates positions quickly and efficiently to capitalize on even the slightest of price fluctuations, using limit and stop orders to manage risk. A limit order is placed to ensure a position is established once a price level in the market has been reached.* A stop order is placed to automatically liquidate a position at a chosen price level in order to limit potential loss on a particular trade. By placing orders in relation to technical support and resistance levels, the trader may profit incrementally from the minor price fluctuations that occur each day.
the best way of forex earning money



post by Abdul salam

ForexCharts by eSignal

ForexCharts by eSignal is a complete charting package developed by a leading provider of real-time market information and award-winning products and services. The ForexCharts by eSignal package provides indicators and drawing tools for trend analysis and to identify potential entry and exit points, and includes the following features:
Real time data feed powered by FOREX.com for the majors and several crosses
Composite data feed from Global Treasury Information Services, Inc. (GTIS), that provides a broad representation of the market as a whole
Line, bar and candlestick charts
More than 30 analytical studies










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FOREX TRADER

Advanced trading tools with up to the second position and account information.Designed to run in a web browser environment, FOREXTrader.java supports multiple operating systems and web browsers.FOREXTrader.java utilizes push technology to provide real time quotes and instantaneous updates about your open positions, P&L, margin and account balances. The Java Edition also offers clients the ability to trade on the platform in 5 different languages, including English, Chinese, Japanese, Russian, and Spanish.




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Advantages of Forex Trading Software

The main advantages is that you have the ability to have instant execution of your orders. All of the orders that are placed on GFX, which is a type of forex software, are actually executed immediately by the online services. The traders are also able to place stops as well as limits on any position that is open or the trader can have them pre set on the orders of the market. Another advantage is the optimum compatibility and also the performance. You should know that Global Trader doesn’t take but a second to download and it is easy to install as well. You will see that it will perform without one flaw on the operating system that is known as Windows. You should also consider that the Global Trader’s programming design that is advanced is also known for minimizes the actual use of your individual systems resources as well. Another advantage that you will have is that you will have a window that is customizable for trading. You will be able to add all of the currencies as well as the metals that you want to trade and you will also be able to view live prices for those currencies as well. You will be able to choose from thirty three currency pairs as well as four spot metals.




source:4x-tradings.blogspot.com/2009/09/advantages-of-forex-trading-software.html