It doesn't matter what is your trading strategy these Economic news will certainly impact the charts, incorporating this to your trading will surely help.
You can check complete Economic calendar at the Economic Calendar page of this site. All time are in GMT + 8:00 (Manila time). These are only news that have great or direct impact to Aussie, Euro and Pound.
Aug. 20 Tue 9:30 am AUD HIGH Monetary Policy Meeting
Aug. 21 Wed 6:00 pm GBP Mid CBI
10:00 pm USD HIGH Existing Home Sales
Aug. 22 Thu 2:00 am USD HIGH FOMC meeting
3:00 pm EUR Mid French PMI
3:30 pm EUR Mid German PMI
4:00 pm EUR Mid PMI
8:30 pm USD HIGH Initial Jobless Claim
Aug. 23 Fri 2:00 am USD Mid Fisher speaks
3:15 am USD Mid Lew speaks
2:00 pm EUR HIGH German GDP
4:30 pm GBP HIGH GDP
10:00 pm USD HIGH Home Sales
Get the complete details in terms of previous month numbers and forecast including impact to currency (bear or bull) in the Economic calendar section of Kumitasaforex.com.
Sunday, August 18, 2013
Tuesday, July 2, 2013
Stock Market and Foreign Exchange simplified
Sharing with you the relationship of stock market particularly our local stock market - (PSE) Philippine Stock Exchange and Foreign Exchange (Forex) particularly Philippine Peso (Php).
Mark So dissect the interrelation of PSE and Php, how they rise and why they fall. Mark So is really the best in getting this sophisticated terms into very easy to understand principles or layman's terms.
Tuesday, March 26, 2013
Is FOREX TRADING easy?
Do you really wanna know if FOREX TRADING is easy? Here is the truth; Forex is a 24-hour market, opens Monday morning in Asia and closes Friday afternoon in the US. In Forex Trading you are always trading two (2) currencies at the same time; it’s buying one currency while selling another currency simultaneously. Forex is a $5 trillion dollar-a-day market; you compete with not just the big players but the largest financial institution in the world; which pays the brightest traders and equip them with the latest technologies and bought them access to information we only get to know after the one minute charts starts moving like crazy. To make it more complicated your brokers provided you with tons of chart indicators you can put on your charts to try to analyze the forex market. There are also different kinds of Forex robots, expert advisors (EAs), trading strategies and forex trading courses that come up every other week. And to keep the list short here’s the last; Brokers offers different kind of incentives just to get you open an account with them. No wonder people trading and not trading forex unanimously said it is not easy!
But do you think it is the right question to ask if you want to get into forex trading? Does it really matter if forex trading is hard and difficult? Even if you ask the most successful traders or the greatest forex traders in the world the question “is forex trading easy?” they will answer NO.
This is the most appropriate question to ask. Is Forex Trading worth it? Now we are talking…You will now have an insight on what do successful and unsuccessful forex traders have gone through to answer that question “yes” or “no”.
The 5% who are earning a living in forex trading will tell you, YES, it’s all worth it; giving up their previous career; taking their trading to the next level; all the sleepless days and nights; the money and time they spent to hone their trading and all other sacrifices are all worth it. While the 95% who fails and quit will tell you, NO, it’s not worth it; it’s a waste of time and money, it’s like milking a stone; it’s all gambling and scam and many other things.
And for those who continuously strive against failure, losses and discouragement; for those who believe they can make it and continues to work on it; I’ll tell you, WE WILL GET THERE & IT’S ALL WORTH IT!
Join me here as we conquer forex trading together. Subscribe to this blog and let's keep in touch.
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