Archive for December, 2010

The History Of Foreign Exchange Trading

December 31st, 2010 No comments

The economical crisis of 1930 was a first stride to the formation of Forex in Singapore and other countries in the world. The outbreak of worldwide inflation after the First World War made it impossible to keep a fixed price for gold. The international economical crisis of 1929-1933. led to the destruction of economic and trade ties and forced the governments of leading world countries to abandon the national currency peg to the price of gold. In those years, the world’s reserve currency was the British pound sterling, which could be exchanged at a fixed price for gold and London was the world?s financial center.

When World War II drew to the end, the U.S., Britain and France took the lead in the Bretton Woods Conference (July 1944). According to its results the exchange rate peg was bound to the price of the US dollar, which in turn was rigidly pegged to the price of the same gold. Thus, the priority has moved to the United States, since this country at that time was the most developed economic power and suffered in the war years less than others. Exchange rates of national currencies could volatile from the established parities with the dollar by no more than 1%.

This plan worked great during some time, however, being adapted to accelerate post-war revival of world economy, it has shown weakness in the period of rapid growth. Economic growth speed in different countries was different and led to the increase of global prices. It resulted a significant increase of inflation, and the quote of gold in the market has exceeded the official fixed exchange rate.

In August 1971, U.S. President Richard Nixon annuled the national currency peg to gold and, later, in December of that year made his mind to devalue the national currency. These actions were the beginning of the path out of hard peg exchange rates to gold and the transition to a floating exchange rate system. Finally, the change to floating exchange rates has been set in Jamaica in Kingston in 1976. Since then the role of commercial banks was enlarged as a mechanism through which the international currency transactions were made.

Since then the national currency quotes became more volatile that showed a great opportunity for financial trading. In the beginning the main members of Forex Singapore and world financial market were banks and corporations with huge funds. Later the financial markets became open for smaller members that opened a door for every person to try his had in Forex trading in Singapore.

The Forex market is currently characterized by the largest volume of deals carried out (over one trillion dollars a day). Due to the appearance of internet and the access to the global telecommunications network, trading in Forex market is made around the clock, with a gradual movement of trading centers from the Pacific to Asia, Europe, and later to United States of America.

Is It Time To Get Automated?

December 28th, 2010 No comments

Login to Leo Trader PRO live account and verify yourself 113% NET PROFIT per month. Watch this shocking Forex Profit Multiplier FREE Presentation that shows a custom forex trading method that takes only 60 seconds to place high probability trades on the 6 major pairs that can be repeated multiple times a day whenever you got a few spare minutes. It made 384+ pips in 12 hours. Downlaod this award winning Forex Trading System FREE that made 2,95.16% in Surefire Trading Challenge. Well, no-one can really answer that question FOR you, but let’s look at the situation objectively. It’s probably been about 2 or 3 years now since automated FX trading became a staple in the retail Forex industry. When it came to SELLING FX products, prior to the advent of the EA and automated bots, it was REALLY a niche market because you had to actually be a trader (and a good one too) in order to come up with a marketable system.

That’s where a lot of the big names in the business got their start. They were good traders first and they were marketers second. We learned to trust those guys because they genuinely knew what they were talking about.

Somewhere around 2008, we started dealing with a “chicken or egg” syndrome in FX. Was it that Internet marketing had suddenly exploded or was it the EA that allowed so many marketers to invade the FX niche and contaminate the business?

I guess we’ll never know, but the fact that you didn’t really have to know how to trade (because you could easily outsource development of an EA and then just blitz a gargantuan campaign) and walk away with a ton of money in a few days is what probably attracted the riff-raff to Forex.

If you know anything about computer programming, you know that EAs are pretty much a bunch of “if, then, else” statements. If “A” happens, then do “B” else perform action “C” (rigid RULES that cannot ADAPT to new market behavior… something the guys at Leo Trader Pro talk about a lot on their website).

They’re based on the past and programmed for situations that are really unlikely to ever occur again.

Admittedly, we’ve all been so in love with the fact that we could make money on autopilot that none of us really wanted to poke a hole in the theory until our accounts were history.

It was the “Dream trader” – no intervention, complete autopilot, set and forget…

But, you know the old adage “When it looks too good to be true, it probably is”.

Conventional rule based EAs have really only been a warm up and, in my opinion, we probably wouldn’t have been able to get to products like Leo Trader Pro without having first gone through all the other junk that’s available right now.

It’s sort of like “You have to go through the darkness to find the light”. Leo Trader Pro is probably the first REAL automated FX bot ever. None of them could “think” until now. This is the first time an FX bot has been based on a Neural Net, so it’s the first intelligent FX robot that we’ve ever seen.

If you, like me, have been holding off on going automated because you knew, deep down, that we weren’t quite there yet… I’ve got news for you.


The future kind of creeps up on you sometimes, doesn’t it? Go have a look at Leo Trader Pro.

By the way… these guys are the first to provide investor password access to their account ON their website (you can log in to their account, see the real trades in it, see its REAL performance… and only then buy it if you want!)

The days of buying an FX robot without getting the investor password first and being able to access the traded account to validate the vendor’s claims are OVER!

The Importance Of Unemployment Rate In Fundamental Analysis Of Financial Trading

December 26th, 2010 No comments

The employment rate is a widely used macro-economic indicator in Forex trading in Singapore that is applied in the Fundamental analysis of the market and can be displayed in the economical calendar of any Singapore Forex broker. As well as many others world economical and political factors, the state of the labor market has a huge impact on the national currency of any country. The big attention to employment must be given in the countries that are in the transitional phases of the economy, in particular, the transition from recession to recovery.

Forex traders must watch the info of employment of those countries whose national currencies are the most popular in the Forex market. Most attention is paid to employment in the United States because the dollar continues to be the key currency in Forex trading and the news of employment in USA usually have a significant influence on currencies? rates related to the dollar.

The situation of the labor market in the United States is characterized by two parameters:

Nonfarm payrolls – the number of positions (excluding temporary jobs related to agriculture), the rate affects about 340,000 companies in 500 industries;

Household employment – the number of working people among any group of people with different specialties.

These factors cover a number of jobs and the employed population in the USA. They are extremely important to accurately find out the growth of unemployment. In addition, the parameter Nonfarm payrolls very important indicator in Forex Singapore, which shows the dynamics of employment in USA. Its increase shows the employment growth and leads to an raise of the USD price.

The unemployment rate is at the heart of labor market indicators. It is calculated out of the balance of unemployed to the amount of all employed people. As a result, the unemployment rate also affects the rate of national currency. A fall in unemployment leads to an increase in foreign currency and vice versa. In addition, the unemployment rate is related to the growth of GDP (Okun law), which is also one of the most important macroeconomic aspects. The raise in the unemployment rate by 1% reduces GDP?s growth by 2%. Usually the calculation of the unemployment rate are done with the numbers that show the size of the Nonfarm payrolls index.

Statistical data of the unemployment rate in the USA and the indicator Nonfarm payrolls are available from 08:30 am Washington time every first Friday of the month.

The beginning of the recession allows you to watch the duration change of the workweek. If the working week is shortened, then the country has an economic crisis.

The average hourly wage helps to define the beginning of inflation. A huge increase in wages, outstripping productivity also shows the beginning of inflation in the country.

College Grants And Education Are For Everyone

December 22nd, 2010 No comments

One of the crucial widespread debates within the media at present regards the need of a school education. There are numerous academics, commentators, and pundits who imagine that college will not be mandatory for many people. They consider that school solely places many students in debt and doesn’t even provide them with the abilities which are needed for excelling in today’s markets. While this can be true for some folks, it is very important needless to say these with the faculty educations are at all times the primary in line for the high paying positions and good jobs with benefits. Additionally it is essential to take into account that if you are having bother paying for college, you do have options. There are lots of school grants which are available for individuals who need a larger training however who are from low income families.

The government actually units taxpayer cash aside for school grants. That is money that is there for you to use. If you are afraid that you simply will be unable to pay for varsity, you should first look into these grants. The first thing to keep in mind is that these grants are often not paid back. In different phrases, look at grants as being money that is given to you that can assist you succeed. Which means that before you begin looking into financial help and personal loans which are going to accrue large quantities of curiosity, first just be sure you have utilized for grants. One of the most widespread of those grants is the Pell Grant. It is a grant specifically designed for households that make beneath a sure income. Lots of of hundreds of these grants are given out every year.

There are also school grants for college students who excel in particular topics, resembling science and math, music, or the humanities. There are grants for students who’ve wonderful GPA or who are well-rounded students who take part in various activities. You can get government money that is set aside to help low-earnings households, as well as grants that should assist those who are exceptionally gifted. Keep in mind that the government desires folks to go to highschool since an informed public is essential to financial and societal growth.

In case you wish to change into a instructor there are faculty grants for you. These applications will pay for you education if you are prepared to teach after you graduate. The instructing itself has to be achieved in a rural space with poor economic activity. The federal government needs to draw teachers where there’s teacher shortage. It is a great program if your passion is teaching.

You may find out about which school grants can be found to you and which try to be applying for online right now. All you need to do is find the best internet page that will provide you’ll a wealth of hyperlinks and application information. You can be receiving free cash for faculty in no time. Do not let your funds preserve you away from a shiny, profitable future.

Pell Grant is very useful for many who do not have much money for school charge, Pell Grants is a monetary want components created by the US Government,you might want to replenish Pell Grant requirements kind to be a member of Pell Grant.

Where To Find Grants For Single Mothers

December 22nd, 2010 No comments

The financial burden of elevating kids is troublesome enough to carry if you find yourself marred, but when you are alone it can be nearly too much to bear. There is hope nevertheless as there are plenty of grants for single mothers accessible that you may apply for in an effort to assist lighten the load. This article will cowl a number of of the extra fashionable choices you have. Bear in mind; not like loans which should be paid back, these grants for single mothers are awarded to you with no strings attached. It is just like getting free money.

It’s a disgrace that most individuals do not even realize that there are grants for single mothers out there to assist them pay payments, go to college, assist their youngsters, and even begin their own businesses. As a matter of truth, it is estimated that 30 million individuals will earn grant cash this 12 months alone, so be sure you do every little thing you can to get your share of that money.

When searching for grants for single moms, the most effective assets you have available is the Internet. There are a lot of different sites accessible focusing on finding methods so that you can get your arms on government money such as DollarGrants, SingleMom, and Uncle Sam’s Money. These sites are great as they mean you can discover government packages for a lot of completely different categories corresponding to education, employment, labor, and training. They can’t promise that you will be selected to receive this money, but they’ll do all they’ll that can assist you discover the precise packages for you.

If it’s your aim to return to school so you can get a better profession, then you need to undoubtedly apply for Federal Pell Grants for single mothers. These will pay for some, most, or in some instances, all your tuition expenses. All you might want to do is fill out a FAFSA type either on-line or at your college’s Monetary Support office. Your eligibility will be decided based mostly on your revenue and your financial obligations.

Moreover the assorted Federal grants for single moms out there, there are additionally state sponsored applications accessible that might be able to get you the funds you seek. In case you are serious about finding out what your explicit state has available, the quickest method to discover out is to easily contact your state assistance program. The official Website online to your state might have some helpful data as well. Bear in mind, in most cases you can only apply for state sponsored packages of the state you at the moment reside in.

As you possibly can see, there are numerous grants for single mothers out there that can assist you if you’re keen to put forth the effort and time to look for them and apply. Hopefully this text has helped to present you a better idea of what options you could have available.

Pell Grant is very useful for many who do not have much money for school charge, Pell Grants is a monetary want components created by the US Government,you might want to replenish Pell Grant requirements kind to be a member of Pell Grant.

Grants For Moms Meant To Ignite The Lurking Potential Within You

December 22nd, 2010 No comments

Not all states readily provide grants. First, it is best to check out whether or not the state you reside in gives grants for single moms as well as these from economically weaker groups. But in whichever capability you may be a mother, your primary criteria can be belonging to a low revenue group. Pell grants have been ratcheted up to ease the monetary burden of mothers wanting to return to school.

It is a part of the Obama administration’s stimulus program that wants to empower extra moms into the work power by ramping up their educational qualifications. The one strategy to a better job is best training and mothers coast to coast are fast realizing the necessity to pick up on training they missed earlier on of their lives. Grants are free and never required to be paid back. It’s primarily aimed toward providing a safe future for moms to hitch the work drive later on when the economy bounces back.

Get out of the low paying job

Though jobs aren’t getting created as fast as they need to be there are nonetheless employment alternatives for skilled and educated recruits. By going to varsity, you enhance your qualifications and make yourself eligible even in these robust economic times.Having a greater training will entice ANY employer to greater you if they are in a need of help. You can present them your education stage and enterprise understanding are larger and thus, you deserve a higher fee of pay.

You can be a single mother with children to boost and a house to pay for. Presently, you is likely to be doing a low paying job that isn’t enough to care for all of the month-to-month expenses in addition to for raising your kids. You is also a mother in a full household who married early and had children soon after coming out of excessive school. Perhaps you had it in you to do better, however marriage and children put an finish to your potential.It is a commonplace sort of scenario that numerous individuals have. You should never have a difficulty qualifying if this is the case.

The government grants are supposed to ignite the fire in you in addition to make you conscious that every one will not be lost as yet. You’ll be able to still get again into the workforce if your husband’s income just isn’t enough to help a family in these robust times. Also called retraining the work force.

Pell Grant is very useful for many who do not have much money for school charge, Pell Grants is a monetary want components created by the US Government,you might want to replenish Pell Grant requirements kind to be a member of Pell Grant.

Grants For School College Students – Easy Ways To Get Grants For College

December 22nd, 2010 No comments

If you are a highschool scholar who has simply graduated, and you might be enthusiastic about going to school to earn your degree, you’re in a uncommon group of children that graduate in our modern age. Most do not know what direction they’re going in. This is a good factor for a lot of parents due to the high value of going to college. There are a number of ways which you can pay for college without having to take out pupil loans. These are known as grants.

Perhaps you’ve applied for some faculties or universities that you just need to go to. One factor it’s best to do straight away is see in case you qualify for scholarships or grants. Such a funding can come from the federal authorities and it does not need to be repaid. It is nearly like receiving a present or a windfall from the Fed’s.

Going to varsity simply is a very costly endeavor. Many people take out loans that whole six figures that they find yourself hanging on for decades after they have left college. If they do not finish college, or they do not find a job that pertains to their major or diploma, they may discover themselves in chapter which isn’t where you want to go.

Consider this as the beginning of a path. It’s good to make the best choice and go ahead towards a cost free schooling, not one that will make you and your loved ones burdened in the years to come. Subsequently, listed below are some simple methods which you could get grants for college.

First, you probably have a very high grade point common from highschool, there may be the great chance that you will be able to use for and receive grants and scholarships which are out there in your native community. These are funds that wouldn’t have to be repaid.

Second, you may apply for grants primarily based upon your nationality. Some individuals are Native Americans. There are many Native American teams that supply full trip scholarships to members of their tribe. That is also true of different ethnic groups that want to promote people from their very own culture and race into the tutorial field.

Finally, you may apply for the Pell Grant which is accessible at each college and school that you just apply for. The way in which to get it is to make sure that you would not have loads of property and that your mother and father usually are not in a position to help you go to college.

By following these steps, these easy ways to get grants for college college students, you will be in your manner toward a better training at low or no price to you which can mean you can graduate without the fear of great debt and to take action with dignity.

Pell Grant is very useful for many who do not have much money for school charge, Pell Grants is a monetary want components created by the US Government,you might want to replenish Pell Grant requirements kind to be a member of Pell Grant.

Pupil Grants For School – Where To Start

December 22nd, 2010 No comments

Many occasions those that were searching for one thing else to do over look the potential of continuing their education. It’s a lot of work. You need to take lessons in two homework assignments and research papers. You’ll always be busy particularly in case you are carrying a full load. Nonetheless, when you’ve got determined that using a few additional hours in the evening toward earning your diploma is the thing to do, you must also start thinking about the place you were going to get the cash to do this. Listed here are a few places you can get scholar grants for college to start out you on your way.

Begin Right here To Get Grants

The Pell Grants is the very first place to start. This cash is generally granted to each applicant applies. If that is your first or second year, you are almost guaranteed. The amount of cash is around $5000 per semester. It will let you pay for most of your tuition, lessons, and books each year.

You need to apply for this annually as a result of they will qualify you based mostly upon your earnings level. They are going to take your earlier year’s tax return and the data that you enter on the FAFSA to find out your eligibility. Though it is not in your greatest curiosity to earn greater than $14,000 a year in case you are single or three $34000 a yr when you’ve got a family, if that is your earnings degree then you’ll positively get this funding.

Then Apply For Loans

Applying for scholar loans can be a possibility. There are two completely different types. You can apply for secured and unsecured. Each one in every of these has a distinct curiosity rate. Over the course of your a number of years in school, you accumulate a number of thousand dollars in curiosity that you will have to pay in some unspecified time in the future as soon as the compensation course of begins.

That is obviously not the way most people should go especially in case you can qualify totally free money for college. Scholarships are additionally a possibility for those which are looking for a simple approach to pay for classes. You probably have some sort of specialty or skill that you may supply further qualifies you for this particular amount of cash, you must fill out the varieties and see for those who qualify.

Going again to highschool also provides you the doorway as to other professions that are normally closed. As an illustration, he will make contacts at school via your mates and associates, even your professors, especially in the event you do distinctive work within the lessons that you are taking.

This is not a guarantee that you’ll get a job immediately however it’s a foot within the door so that you can discover your way toward the profession that you’ve got been wanting for.

Pupil grants for college are straightforward to apply for and most of the people are typically accepted. In case you are enthusiastic about going to varsity anytime soon, you must consider applying as quickly as possible. The stimulus package has billions of dollars obtainable and you should have the ability to qualify for hundreds of dollars accessible in this package.

Pell Grant is very useful for many who do not have much money for school charge, Pell Grants is a monetary want components created by the US Government,you might want to replenish Pell Grant requirements kind to be a member of Pell Grant.

DelphiScalper And The Forex Profit Multiplier

December 21st, 2010 No comments

Watch this shocking Forex Profit Multiplier FREE Presentation. Download these Forex Scalping Cheatsheets by Jason Fielder FREE. Get this award winning Forex Trading System FREE that made 2,956.16% in just 1 month of Surefire Trading Challenge. Bill Poulos: Take a look at this quick video I recorded during the initial Forex Profit Multiplier release that reveals how you can use the “trigger” to help you get in MORE trades that turn a potential profit, again & again. Look at these actual trades YOU could’ve traded:

* EUR/USD: +129 pips
* GBP/USD: +111 pips
* AUD/USD: +114 pips
* USD/JPY: +63 pips
* USD/CHF: +96 pips
* USD/CHF: +37 pips
* USD/CAD: -88 pips
* USD/CAD: +84 pips
TOTAL: +546 pips!

Out of 8 trades, only 1 lost out. That’s an 87.5% win rate. Watch this quick 4 minute, 44 second video I recorded that reveals how my software can predict what the next 8 hours are going to look like in the 6 major Forex pairs here…and then click the big blue button below it to claim your copy of the Forex Profit Multiplier. The bottom line is: if you don’t use my software as part of your approach to Forex, you WILL miss out on a lot of profit potential. If you’ve already gotten “off the fence”, are ready to join, and want to skip ahead and see everything you get with my program, go here…

Just a quick “courtesy notice” that my Forex Profit Multiplier trade alert software & companion home study course COMES OFF THE MARKET TONIGHT, Thursday, December 16th, at 11:59pm Eastern (New York time). You could be using my custom, intelligent trade alert software in MINUTES because you get to download it INSTANTLY after you enroll. Remember, you don’t even have to say YES today — just say MAYBE and get in on my 60 day trial period. Download the software, kick it around, and try it out. I did everything I could to keep the cost for this program down so that almost everyone can afford it, and I can’t wait for you to experience how it has the potential to transform your trading.

Well, this is it – we have about 4 hours to go before my Forex Profit Multiplier enrollment page closes… TONIGHT, at 11:59pm Eastern (New York time). Thanks again for all the positive support & feedback we’ve received over the past few weeks on this new program. It’s been really great, and I can’t wait to begin working with all our new students!

Jason Fielder: When I slam the doors shut on Delphi Scalper, you won’t have another shot any time soon because I have no plans to re-release it. Why are you still reading? Pull the trigger! Go find out if Delphi Scalper is for you while you still can…

Hey…It never fails… Every time I close the doors and have to take one of my programs off the market I get a flurry of emails AFTER the deadline. By then it’s too late and the next chance won’t come around for 18 months in some cases. And tonight your chance to start living the ‘Scalping Lifestyle’ with my Delphi Scalper ends at 11:59pm Eastern.

But there won’t be any second chances on this so I’m giving you a heads up. A rush of orders came in yesterday and I’m at the point where I really have to hold the line. I promised I’d leave the doors open till tonight, so I’ll honor that. By now you know the reason why I absolutely must limit how many new Delphi members I accept is because I personally reply to email questions to get you up and running quickly. So that’s the bottom line…We’re at the limit and tonight the doors close. Give Delphi a try today (you get instant access!) if you get your copy in time…

Get the precise scalping entries and exits and trade with confidence like I do from Delphi Scalper today… Remember, my brother-in-law didn’t even know what a pip was and I taught him to trade Delphi in just 25 minutes. Don’t be one of the people who email tomorrow and hear the bad news. I have no plans to release Delphi again anytime soon. Begin the Scalping Lifestyle today…Time to pull the trigger!

Like I said yesterday, one of the key traits of successful traders is being decisive and taking action on opportunity while others sit out of the game trying ‘not to lose’. Remember, I’ve made it absolutely risk free for you to check out Delphi Scalper for a full 45 days… See for yourself at: The choice is yours… at least until the doors close at 11:59pm Eastern tonight.

You Can’t Go Too Far For The Truth! (CEO Of Brokerage Verifies Trading Robot Performance)

December 21st, 2010 No comments

Login to Leo Trader PRO live account and verify 113% NET PROFIT per month. Download this 3 Swing Trading Systems FREE. Master these highly profitable Candlestick Patterns with this FREE 82 page PDF Candlestick Guide. In this era of retail Forex when everyone is willing to pull any and every underhanded trick in the book to close a sale, the truth is in very short supply. You’ve got to be very careful about whom you’re willing to trust. With the sheer volume of new products that are coming out week after week, it’s more difficult than ever to separate the good from the bad.

If you keep an ear to the ground (and I won’t mention names here), you’ll have seen a few guys hit the market and promise traders the world on a silver platter. Two weeks after every one has bought the product, the guy is nowhere to be seen. So, how can YOU be sure that what you’re getting yourself in to is the real deal? Well, there’s a new company that has just taken proof to a whole new level!

They’re the team behind an amazing and revolutionary new product called Leo Trader Pro. The first thing that they’ve done is to fling the doors wide open on their own personal accounts. Now, THAT is something that a lot more Forex vendors should be doing but, sadly, aren’t.

Statements can easily be faked. Anyone with a computer and a copy of Photoshop can do all manner of things to account statements. They can hand pick the good trades and eliminate the bad ones to create a stunning forgery that makes even the worst trading robot look like the goose that lays the golden eggs.

The Leo Trader Pro team provides their account investor password to the general public. Basically, what that means is that you can use your very own copy of MT4 to log in to THEIR account and verify the performance of their trading robot.

Now, that’s something which is impossible to fake. This should really be adopted as the new standard of proof in the retail Forex industry. You know they say that hindsight is 20/20. So, showing someone a chart of where they should have entered and exited a trade is almost an insult to a trader. We’re not stupid… anyone can look at an old chart and see where a great trade would’ve taken place.

Whether or not you actually placed the trade because your system is that smart is what we really want to know. If you’ve heard of Leo Trader before, you’ll have heard their slogan “Proving the proof”. These guys are doing things very differently. Not only are they providing account investor passwords, they’re doing something that no one in the industry has ever done before.

(This is also the first time a developer has given out account investor passwords by the way) They actually arranged for the CEO of the brokerage where their robot is trading to verify that the Leo Trader Pro software was 110% legitimate and was responsible for every trade on the account that they’re sharing with the public. How’s that for proof?

Now, I know that not everyone is big enough to ask the CEO of a brokerage to do something like that, but this is definitely a step in the right direction for retail Forex. If everyone took a page out of the Leo Trader Pro handbook, this industry might just regain the respect of all the traders out there! If you haven’t seen Leo Trader Pro yet, you can see it here!