You’ll do nothing but profit, profit, profit…..
I know you like the sounds of that—heck, it’s the name of the game, right? Well if that’s what you’re looking for, then with this breakthrough robot that I’ve been telling you about, you’ll profit, profit, profit.
Just how do I know?
I’m living proof that it works. Besides that, the simple fact that it’s a robot----and does not rely on the human brain, which is prone to errors, but instead relies on numbers, data and trends---you can’t fail, because everyone knows that the numbers don’t lie!
And speaking of numbers…..
Friday, October 16, 2009
When it comes to forex trading, I know that you’re either in 3 categories: A complete newbie, an intermediate trader, or an advanced trader.
Regardless of which category you’re in, at some point you’ve probably thought about seeking the advice of a stock broker or a financial representative of some sort.
But according to a recent report by Money Magazine, 82% of financial representatives offering advice are in no better financial shape than the customer is. The conclusion: You’re better off taking a wild guess in the forex market yourself.
WOW! Now I know that stat might have blown you right out of your seat. But when you really think about it, no one knows it all---heck we’re all human and the DNA of our brain says that screw-ups are bound to happen----Knowing this fact is the exact reason why YOU can’t afford to put your money at risk, because you’ll probably lose it.
But with this amazing forex trading robot that you just saw in the video above, you’ll:
Have around a 90% chance of profiting on every trade that you make
Instantly boost your overall net worth
Never ever have to research or analyze trades—the robot will do it all for you
Make fast & easy cash literally without lifting a finger
Retire 10-30 years earlier than your friends
Trade like a pro & know absolutely nothing about stocks, bonds, or mutual funds
Regardless of which category you’re in, at some point you’ve probably thought about seeking the advice of a stock broker or a financial representative of some sort.
But according to a recent report by Money Magazine, 82% of financial representatives offering advice are in no better financial shape than the customer is. The conclusion: You’re better off taking a wild guess in the forex market yourself.
WOW! Now I know that stat might have blown you right out of your seat. But when you really think about it, no one knows it all---heck we’re all human and the DNA of our brain says that screw-ups are bound to happen----Knowing this fact is the exact reason why YOU can’t afford to put your money at risk, because you’ll probably lose it.
But with this amazing forex trading robot that you just saw in the video above, you’ll:
Have around a 90% chance of profiting on every trade that you make
Instantly boost your overall net worth
Never ever have to research or analyze trades—the robot will do it all for you
Make fast & easy cash literally without lifting a finger
Retire 10-30 years earlier than your friends
Trade like a pro & know absolutely nothing about stocks, bonds, or mutual funds
Well, here’s some great news for you: Whether you know it or not, you’re on the right track to profiting big time in the forex market. The easiest way to become successful in the forex market or at anything is life is to simply follow the footsteps of someone else who has been successful at it---That’s me.
But that’s just only the beginning. The next step is to eliminate your risks of losing your hard earned money-----Yes, I said it---there are risks that go alone with trading, but there’s a fast and easy way to get around it and here’s how:
Don’t rely on the human brain---screw-ups are bound to happen……
But that’s just only the beginning. The next step is to eliminate your risks of losing your hard earned money-----Yes, I said it---there are risks that go alone with trading, but there’s a fast and easy way to get around it and here’s how:
Don’t rely on the human brain---screw-ups are bound to happen……
Amazing stuff, huh?
Well, if you’re like I was when I caught a glimpse at this forex cyclone robot, you’re probably wondering to yourself-- if it works so well, then why doesn’t everyone use it?
And why haven’t you heard about it until now?
Well, it’s for the same reason why Warren Buffet didn’t personally pick up the phone and call you to tell you years ago to invest in Kentucky Fried Chicken, Taco Bell, Hershey, Geico, and the tons of other stocks that has made him billions of dollars in profits-----It’s SUPPOSE to be a secret, otherwise no one would profit.
So what makes you so special that I’m willing to give away my secret to you today?
It’s simple: I like you. I like you because you’re here and the simple fact that you’re here tells me 3 things:
Well, if you’re like I was when I caught a glimpse at this forex cyclone robot, you’re probably wondering to yourself-- if it works so well, then why doesn’t everyone use it?
And why haven’t you heard about it until now?
Well, it’s for the same reason why Warren Buffet didn’t personally pick up the phone and call you to tell you years ago to invest in Kentucky Fried Chicken, Taco Bell, Hershey, Geico, and the tons of other stocks that has made him billions of dollars in profits-----It’s SUPPOSE to be a secret, otherwise no one would profit.
So what makes you so special that I’m willing to give away my secret to you today?
It’s simple: I like you. I like you because you’re here and the simple fact that you’re here tells me 3 things:
Access To Better Spreads
To give you access to better spreads, we introduced No Dealing Desk* execution. As one of the largest Forex Dealer Members** with strong liquidity relationships with the world's leading banks, we constantly press them to supply the most favorable prices to us.
As a result, the banks have now begun to provide streaming six-digit prices to FXCM; and consequently we are delighted to provide more accurate, tighter prices to you. As competition intensifies, fractional pip pricing should reduce bid/ask spreads for each of the more popular currency pairs even further—welcome news indeed in view of the market volatility we have recently experienced. Before this change, the buy price was rounded up to the nearest pip, and the sell price was rounded down. Now, with the additional decimal place, you will see a more accurate—and usually tighter—spread. For instance, you might see a buy price of 1.34557 instead of 1.3456 and a sell price of 1.34532 instead of 1.3453. In this case, you would have a spread of 2.5 pips instead of 3.
To give you access to better spreads, we introduced No Dealing Desk* execution. As one of the largest Forex Dealer Members** with strong liquidity relationships with the world's leading banks, we constantly press them to supply the most favorable prices to us.
As a result, the banks have now begun to provide streaming six-digit prices to FXCM; and consequently we are delighted to provide more accurate, tighter prices to you. As competition intensifies, fractional pip pricing should reduce bid/ask spreads for each of the more popular currency pairs even further—welcome news indeed in view of the market volatility we have recently experienced. Before this change, the buy price was rounded up to the nearest pip, and the sell price was rounded down. Now, with the additional decimal place, you will see a more accurate—and usually tighter—spread. For instance, you might see a buy price of 1.34557 instead of 1.3456 and a sell price of 1.34532 instead of 1.3453. In this case, you would have a spread of 2.5 pips instead of 3.
WHY TRADE AT FXCM
An average of over $365 billion in notional volume is traded each month on trading platforms offered by FXCM. As a result, we have obtained close banking relationships with some of the world's largest and most aggressive price providers. Having multiple price providers is especially important in volatile markets, when one or two banks may post wide spreads, or simply avoid quoting any price at all. With so many major banks quoting prices to FXCM, there are competitive spreads, even during market-moving news events.
FXCM does not take a market position—eliminating a major conflict of interest. A dealing desk broker, which acts as a market maker, may be trading against your position. With our No Dealing Desk execution, however, we fill your orders from the best prices available to us from the banks. While an individual bank may try to skew its prices off the market, the unattractive price on the bid or ask side will lose the price competition and as a result, not factor into the prices streamed to you. At FXCM, prices are not subject to manipulation by a broker or a banks dealing desk.
While our competitors are beginning to follow our example of offering No Dealing Desk execution, we have successfully implemented it. Excellent bid and ask prices are not meaningful unless you have a reliable trading platform to execute trades. Our trading platform is tested in all market conditions, routinely handling approximately 300,000 trades per day.
While FXCM aims to provide clients with the best pricing available, having all orders filled at a requested rate means execution risks will remain.
An average of over $365 billion in notional volume is traded each month on trading platforms offered by FXCM. As a result, we have obtained close banking relationships with some of the world's largest and most aggressive price providers. Having multiple price providers is especially important in volatile markets, when one or two banks may post wide spreads, or simply avoid quoting any price at all. With so many major banks quoting prices to FXCM, there are competitive spreads, even during market-moving news events.
FXCM does not take a market position—eliminating a major conflict of interest. A dealing desk broker, which acts as a market maker, may be trading against your position. With our No Dealing Desk execution, however, we fill your orders from the best prices available to us from the banks. While an individual bank may try to skew its prices off the market, the unattractive price on the bid or ask side will lose the price competition and as a result, not factor into the prices streamed to you. At FXCM, prices are not subject to manipulation by a broker or a banks dealing desk.
While our competitors are beginning to follow our example of offering No Dealing Desk execution, we have successfully implemented it. Excellent bid and ask prices are not meaningful unless you have a reliable trading platform to execute trades. Our trading platform is tested in all market conditions, routinely handling approximately 300,000 trades per day.
While FXCM aims to provide clients with the best pricing available, having all orders filled at a requested rate means execution risks will remain.
FXCM's No Dealing Desk* aims to provide transparent and fair execution. Every trade is executed back to back with one of the world's premier banks or financial institutions, which compete to provide FXCM with bid and ask prices. The best spreads available to FXCM are streamed to you with a small markup, which is generally one pip or less for major currency pairs.
Stable and Proven Technology
Unlike the conventional backup approach, CNS requires absolutely no human interaction, which is error-prone, to complete the whole backup operation. Backups will not be missed, ensuring reliable backups on schedule and error-free. Important business data will always be available and accessible whenever you need it from the OBS client program or a friendly web interface.
Low cost, best protection
CNS Online Backup Suite offers complete protection to your business data, and is the best value for money solution available on the market. Unlike other products, CNS offers all the core features that you NEED without having you to pay for some "nice-to-have" features which you will never use. Personal plans start at $10/month and Business plans start at $25/month. OBS bills by compressed storage space, so 1GB of data storage may actually backup 1-4GB of your data, saving you even more.
CNS - A solution you can Trust
The CNS Offsite backup service is a proven solution with 400,000 deployments worldwide.
Unlike the conventional backup approach, CNS requires absolutely no human interaction, which is error-prone, to complete the whole backup operation. Backups will not be missed, ensuring reliable backups on schedule and error-free. Important business data will always be available and accessible whenever you need it from the OBS client program or a friendly web interface.
Low cost, best protection
CNS Online Backup Suite offers complete protection to your business data, and is the best value for money solution available on the market. Unlike other products, CNS offers all the core features that you NEED without having you to pay for some "nice-to-have" features which you will never use. Personal plans start at $10/month and Business plans start at $25/month. OBS bills by compressed storage space, so 1GB of data storage may actually backup 1-4GB of your data, saving you even more.
CNS - A solution you can Trust
The CNS Offsite backup service is a proven solution with 400,000 deployments worldwide.
Extensive Data Protection Coverage
It is a common practice to store business data on personal computers instead of on the centralized server at the work place since it is undoubtedly more convenient for users. However, such practice exposes businesses to the risks of data loss. With CNS, all users' desktops and notebooks can be backed up seamlessly, periodically and automatically. No backups will be missed and all important business data stays with the company.
Multiple levels of protection
Data is encrypted with your personal encryption key, before it leaves the computer being backed up. The data actually stored on our servers can not be decrypted without your personal encryption key, known only to you. As if compression an encryption were not enough, an additional SSL layer protects the data in transit from your computer to our datacenter. For even more security, add IPSEC services to wrap all data between your location and our datacenter with extremely strong encryption. The CNS backup solution offers more protection than similar solutions on the market by providing an added level of assurance. Backed up data is replicated to two CNS data centers. Your business can thus be protected from computer virus attacks, fires, natural disasters, terrorist attacks, wars, etc.
It is a common practice to store business data on personal computers instead of on the centralized server at the work place since it is undoubtedly more convenient for users. However, such practice exposes businesses to the risks of data loss. With CNS, all users' desktops and notebooks can be backed up seamlessly, periodically and automatically. No backups will be missed and all important business data stays with the company.
Multiple levels of protection
Data is encrypted with your personal encryption key, before it leaves the computer being backed up. The data actually stored on our servers can not be decrypted without your personal encryption key, known only to you. As if compression an encryption were not enough, an additional SSL layer protects the data in transit from your computer to our datacenter. For even more security, add IPSEC services to wrap all data between your location and our datacenter with extremely strong encryption. The CNS backup solution offers more protection than similar solutions on the market by providing an added level of assurance. Backed up data is replicated to two CNS data centers. Your business can thus be protected from computer virus attacks, fires, natural disasters, terrorist attacks, wars, etc.
Continuous Data Protection
Optional advanced continuous data protection (CDP) technology captures every version of the data a file that has been saved to your hard drive. With CDP, even if your hard drive crashes completely after you have worked for a full day without invoking backup manually yourself, the saved copy of your working files will still be intact on the backup server. It provides a highly dependable means of real-time, continuous data protection for servers, desktops and laptops effortlessly and transparently, without any human intervention.
Remote Delete Stolen Data
With our Business Backup Service, CNS can push a remote delete command to your stolen equipment to destroy your sensitive data. You can then restore your data to a new machine and continue operations. There are limitations. For example, if the stolen machine is never reconnected to the Internet then it will not receive our command to destroy data.
Optional advanced continuous data protection (CDP) technology captures every version of the data a file that has been saved to your hard drive. With CDP, even if your hard drive crashes completely after you have worked for a full day without invoking backup manually yourself, the saved copy of your working files will still be intact on the backup server. It provides a highly dependable means of real-time, continuous data protection for servers, desktops and laptops effortlessly and transparently, without any human intervention.
Remote Delete Stolen Data
With our Business Backup Service, CNS can push a remote delete command to your stolen equipment to destroy your sensitive data. You can then restore your data to a new machine and continue operations. There are limitations. For example, if the stolen machine is never reconnected to the Internet then it will not receive our command to destroy data.
Microsoft Windows System Backup and Restore (Bare-Metal Recovery)
Integrated with StorageCraft’s ShadowProtect and Microsoft Windows System Backup, CNS Business backup offers automatic remote offsite bare-metal system backup and restore. Although both StorageCraft ShadowProtect and Windows System Backup allow users to perform bare-metal system backup, they both lack the ability to perform remote offsite backup easily and efficiently. By combining ShadowProtect and Microsoft Windows System Backup with Ahsay™’s expertise in automatic remote offsite backup technologies, users are able to use CNS Online Backup Manager (CNS OBM) to perform offsite complete bare-metal system backup easily for better protection.
In case of a total-loss disaster, the backed up image containing the complete operating system and installed applications with the latest configurations and settings, along with all data, can be restored easily to a computer, even of completely different hardware, without running into the Windows blue screen.
Integrated with StorageCraft’s ShadowProtect and Microsoft Windows System Backup, CNS Business backup offers automatic remote offsite bare-metal system backup and restore. Although both StorageCraft ShadowProtect and Windows System Backup allow users to perform bare-metal system backup, they both lack the ability to perform remote offsite backup easily and efficiently. By combining ShadowProtect and Microsoft Windows System Backup with Ahsay™’s expertise in automatic remote offsite backup technologies, users are able to use CNS Online Backup Manager (CNS OBM) to perform offsite complete bare-metal system backup easily for better protection.
In case of a total-loss disaster, the backed up image containing the complete operating system and installed applications with the latest configurations and settings, along with all data, can be restored easily to a computer, even of completely different hardware, without running into the Windows blue screen.
CNS Offsite Backup Service (OBS) is a comprehensive online data protection solution. CNS offers an easy-to-use, automated and reliable backup service to ensure that important business and personal data is protected and readily available when needed.
Hardware failures, network malware attacks or physical disasters may put your business data at risk. With CNS Offsite Backup, your data assets will be safeguarded by reliable data backups and easy recovery. With OBS, your data is securely backed up to our datacenters on demand or on schedule, using your existing Internet connection. Data restoration can easily be performed through a small tray icon or restore to a different computer via the OBS web interface.
We offer two plans, one for Windows desktop users and another for power users, servers and non-Windows platforms. Our Business plan includes our peace of mind guarantee, providing emergency hosted virtual server space when needed for quick recovery. No other Offsite or remote backup provider offers such a guarantee!
Hardware failures, network malware attacks or physical disasters may put your business data at risk. With CNS Offsite Backup, your data assets will be safeguarded by reliable data backups and easy recovery. With OBS, your data is securely backed up to our datacenters on demand or on schedule, using your existing Internet connection. Data restoration can easily be performed through a small tray icon or restore to a different computer via the OBS web interface.
We offer two plans, one for Windows desktop users and another for power users, servers and non-Windows platforms. Our Business plan includes our peace of mind guarantee, providing emergency hosted virtual server space when needed for quick recovery. No other Offsite or remote backup provider offers such a guarantee!
ACCOUNT DETAILS
Minimum Account Size $25
Recommended Account Size $500
Smallest Trade Size
1k Units
Available Leverage 400:1*
Approximate Pip Value
$0.10 per Pip
Charts Trade From Charts
Execution
Automated**
Accounts Held In USD
Platform Downloads
WHO IS IT FOR?
Designed for new forex traders. Open an FXCM Micro account with just $25.
Recommended that you open an FXCM Micro account with $500.
FXCM Micro is the discount brokerage arm of FXCM. Spreads are extremely low with EUR/USD typically at 1.5 pips and USD/JPY at 1.6 pips.
All customer service is conducted online via e-mail, forums and self-guided FAQ sections. No live phone or chat support is available.
† Please note that FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM Standard accounts. For additional information, click here.
* Without proper risk management, currency trading has a high degree of leverage which can lead to large losses as well as gains.
** Prices and trade fills are automated. FXCM may or may not offset individual FXCM Micro transactions.
Minimum Account Size $25
Recommended Account Size $500
Smallest Trade Size
1k Units
Available Leverage 400:1*
Approximate Pip Value
$0.10 per Pip
Charts Trade From Charts
Execution
Automated**
Accounts Held In USD
Platform Downloads
WHO IS IT FOR?
Designed for new forex traders. Open an FXCM Micro account with just $25.
Recommended that you open an FXCM Micro account with $500.
FXCM Micro is the discount brokerage arm of FXCM. Spreads are extremely low with EUR/USD typically at 1.5 pips and USD/JPY at 1.6 pips.
All customer service is conducted online via e-mail, forums and self-guided FAQ sections. No live phone or chat support is available.
† Please note that FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM Standard accounts. For additional information, click here.
* Without proper risk management, currency trading has a high degree of leverage which can lead to large losses as well as gains.
** Prices and trade fills are automated. FXCM may or may not offset individual FXCM Micro transactions.
ACCOUNT DETAILS
Minimum Account Size $2,000
Recommended Account Size $10,000 and Up
Smallest Trade Size
10k Units
Available Leverage Up to 200:1*
Approximate Pip Value
$1 per Pip
Charts Trade From Charts
Execution
No Dealing Desk
Accounts Held In USD, JPY, CAD, AUD, NZD, EUR, GBP
Platform Downloads
WHO IS IT FOR?
Designed for experienced traders that have $2,000 to $25,000
to begin trading.
Recommended that you open an FXCM Standard account with $10,000 or more. Since leverage magnifies both gains & losses, a larger account size will enable you to use less leverage. We believe that most traders benefit from using between 4:1 and 20:1 leverage.
Highly trained professional staff, many of whom are active traders. Traders have access to client support 24 hours a day by phone, e-mail, or live chat. This is only available to FXCM Standard accounts.
Minimum Account Size $2,000
Recommended Account Size $10,000 and Up
Smallest Trade Size
10k Units
Available Leverage Up to 200:1*
Approximate Pip Value
$1 per Pip
Charts Trade From Charts
Execution
No Dealing Desk
Accounts Held In USD, JPY, CAD, AUD, NZD, EUR, GBP
Platform Downloads
WHO IS IT FOR?
Designed for experienced traders that have $2,000 to $25,000
to begin trading.
Recommended that you open an FXCM Standard account with $10,000 or more. Since leverage magnifies both gains & losses, a larger account size will enable you to use less leverage. We believe that most traders benefit from using between 4:1 and 20:1 leverage.
Highly trained professional staff, many of whom are active traders. Traders have access to client support 24 hours a day by phone, e-mail, or live chat. This is only available to FXCM Standard accounts.
irtual Desktops are Microsoft Windows virtual environments, hosted in a datacenter and always on to faithfully run your software. Virtual Desktops keep running, even if you lose your Internet connection or run out of battery. The Internet speed to your virtual desktop is always fast, regardless of your own connection speed.
Online traders benefit from the same technology used to host redundant online applications found only in major datacenters. Traders use the Remote Desktop client to easily access the virtual windows environment. Programs run on the hosted server - inside the virtual environment. This allows the trader to close the remote desktop client and even shut down their computer, while leaving applications running normally inside the virtual environment. VPS's also benefit from bandwidth - the kind of bandwidth only available in a real datacenter, while requiring minimal Internet bandwidth to support the remote desktop connection. Trading applications benefit from the extremely high speed Internet connectivity of a hosted server.
A favorite with MetaTrader and VTTrader user's, these virtual desktop plans bundle the speed of hosted servers with a Windows application suite designed for traders. Virtual Desktops perform and execute exactly like stand-alone servers; they can be rebooted independently and have users, IP addresses, processes, system libraries and configuration files. They even support remote sound and printing with our free Virtual Desktop Feature & Security Pack!
The non-paged pool on a 32 bit node is 256MB and 128GB on 64 bit nodes - 500 times larger. The x64 architecture enjoys a substantial advantage in overall I/O efficiency and throughput. With support for greater physical memory and memory address space, caches can be substantially larger than in 32-bit Windows, enabling the Windows x64 Editions to fully utilize the improved I/O hardware available and increase overall I/O performance. The larger address space allows more I/O to be in progress simultaneously. Even 32-bit applications can benefit from this improvement. This is especially beneficial to users that require a lot of SSL sessions, such as online traders, because there is more memory available quickly to open and maintain SSL sessions.
Online traders benefit from the same technology used to host redundant online applications found only in major datacenters. Traders use the Remote Desktop client to easily access the virtual windows environment. Programs run on the hosted server - inside the virtual environment. This allows the trader to close the remote desktop client and even shut down their computer, while leaving applications running normally inside the virtual environment. VPS's also benefit from bandwidth - the kind of bandwidth only available in a real datacenter, while requiring minimal Internet bandwidth to support the remote desktop connection. Trading applications benefit from the extremely high speed Internet connectivity of a hosted server.
A favorite with MetaTrader and VTTrader user's, these virtual desktop plans bundle the speed of hosted servers with a Windows application suite designed for traders. Virtual Desktops perform and execute exactly like stand-alone servers; they can be rebooted independently and have users, IP addresses, processes, system libraries and configuration files. They even support remote sound and printing with our free Virtual Desktop Feature & Security Pack!
The non-paged pool on a 32 bit node is 256MB and 128GB on 64 bit nodes - 500 times larger. The x64 architecture enjoys a substantial advantage in overall I/O efficiency and throughput. With support for greater physical memory and memory address space, caches can be substantially larger than in 32-bit Windows, enabling the Windows x64 Editions to fully utilize the improved I/O hardware available and increase overall I/O performance. The larger address space allows more I/O to be in progress simultaneously. Even 32-bit applications can benefit from this improvement. This is especially beneficial to users that require a lot of SSL sessions, such as online traders, because there is more memory available quickly to open and maintain SSL sessions.
Latency is the physical delay caused by the electrical signals passing through the various copper and fiber infrastructure that make up the core of communications networks. We measure it as the time it takes for a packet of information to reach your broker and come back. Ultra-low latency trading offers tremendous advantages for the trader because price quotes are received and orders entered before most other traders receive the same quote (usually several times over). This is most valuable during periods of volatile market activity when prices change quickly and latency may affect pricing. Low latency also offers the trader more reliable connectivity to the broker because there are fewer hops on the Internet for potential problems to impact the data transmission, requiring the data packet to be sent again at the expense of time. Review our latency chart.
Thursday, September 3, 2009
Requirements:
Diploma / Degree holder with 8 years of relevant trade processing experience in banks a MUST
Proficient is MS Office and SWIFT inputs
Good working knowledge of UCP 500 and its supplementary guide ISP as well as URC
Effective team player, capable of working independently
Meticulous and possess an eye for details
Knowledge in Structured and Commodity Finance will be advantage
Diploma / Degree holder with 8 years of relevant trade processing experience in banks a MUST
Proficient is MS Office and SWIFT inputs
Good working knowledge of UCP 500 and its supplementary guide ISP as well as URC
Effective team player, capable of working independently
Meticulous and possess an eye for details
Knowledge in Structured and Commodity Finance will be advantage
Processing of Letter of Credit issuing, Banker’s Guarantee and Shipping Guarantee
Letter of Credit negotiation, ie checking of import and export documents
Handling of Collection Bills
Handling of Bills Discounting
Booking of accounting entries
Tracking of bills / guarantees maturities
Preparation of reports
Keeping records of paid and unpaid transaction
Letter of Credit negotiation, ie checking of import and export documents
Handling of Collection Bills
Handling of Bills Discounting
Booking of accounting entries
Tracking of bills / guarantees maturities
Preparation of reports
Keeping records of paid and unpaid transaction
GOT WHAT IT TAKES?
If you do, you might be the one our prominent client is looking for. As a division of The GMP Group, one of the largest staffing and HR consultancies in Singapore, GMP Banking has the right specialist focus to attract the best banks and financial institutions for their recruiting needs across all financial vocations.
This means that with us, you can be sure that fantastic career opportunities await you. So if you’re game for a new challenge and a promising future, check out the great jobs we have posted up, and let us help you take charge and shape your destiny.
Haven’t found what you’re looking for? Then log on to www.gmprecruit.com for more job listings, as well as the latest HR-related news and expert commentary.
If you do, you might be the one our prominent client is looking for. As a division of The GMP Group, one of the largest staffing and HR consultancies in Singapore, GMP Banking has the right specialist focus to attract the best banks and financial institutions for their recruiting needs across all financial vocations.
This means that with us, you can be sure that fantastic career opportunities await you. So if you’re game for a new challenge and a promising future, check out the great jobs we have posted up, and let us help you take charge and shape your destiny.
Haven’t found what you’re looking for? Then log on to www.gmprecruit.com for more job listings, as well as the latest HR-related news and expert commentary.
I am certain of one thing though. That wearing this tin foil hat on my head does prevent my trading thoughts from transmitting through the internet lines for all to see. As always – Good Trading to You.
Mathew Murray is the current President/CEO of M 5 Forex, Inc. M 5 Forex is the industry leader in retail forex trading. What is Retail Forex Trading? It's foreign currency trading for you and me. To learn more about trading currencies on the forex market visit us at http://m5forex.com/default.htm to explore all the available assets to you as a retail forex trader. Sign up for a free Demo Account at http://www.m5forex.com/demo_request.htm or begin with a live trading account for as little as $25. Trade from anywhere in the world on any computer or mobile phone. Begin Forex trading in just minutes with fast, secure deposits by Visa/MC/Diners credit card or use your E-Gold, E-Bullion, PayPal or bank wire transfer. Complete package with nothing to buy ever. You can withdrawal any or all your funds at any time back to your credit card or bank account. Learn more about Forex trading today.
Mathew Murray is the current President/CEO of M 5 Forex, Inc. M 5 Forex is the industry leader in retail forex trading. What is Retail Forex Trading? It's foreign currency trading for you and me. To learn more about trading currencies on the forex market visit us at http://m5forex.com/default.htm to explore all the available assets to you as a retail forex trader. Sign up for a free Demo Account at http://www.m5forex.com/demo_request.htm or begin with a live trading account for as little as $25. Trade from anywhere in the world on any computer or mobile phone. Begin Forex trading in just minutes with fast, secure deposits by Visa/MC/Diners credit card or use your E-Gold, E-Bullion, PayPal or bank wire transfer. Complete package with nothing to buy ever. You can withdrawal any or all your funds at any time back to your credit card or bank account. Learn more about Forex trading today.
Another great reason for Forex demo accounts is testing. We test everything here at M 5 Forex. We test platforms, techniques, signals, strategies, counter strategies, trading systems and counter trading systems. We also back test everything. In fact we back test a lot, both long and short time frames on every imaginable indicator, strategy and currency pair. Even our veteran traders continuously test and back test the 150+ indicators available on the demo platform. With a market that changes as quickly and as often as the Forex market does, this is a necessity to remain profitable. The only thing easy about Forex trading is executing the trade. That just requires a click of the mouse. There is quite a bit of work before and after that click.
And the final reason I always keep the demo account running. I never - ever chart out my trading strategy on the same platform as the one where I execute the trade. And there is a very good reason for this. I do not want the broker of my live trading platform to see what I am planning on doing. Ok. I know. It’s silly and superstitious. I know there absolutely no way my broker can see what I am plotting out on the chart on his platform. I also realize that even it was technically possible; the breach of ethics and legal issues would prevent these honest business professionals from ever using such a thing. But I do not place future orders on the live platform. I will explain why in another article.
And the final reason I always keep the demo account running. I never - ever chart out my trading strategy on the same platform as the one where I execute the trade. And there is a very good reason for this. I do not want the broker of my live trading platform to see what I am planning on doing. Ok. I know. It’s silly and superstitious. I know there absolutely no way my broker can see what I am plotting out on the chart on his platform. I also realize that even it was technically possible; the breach of ethics and legal issues would prevent these honest business professionals from ever using such a thing. But I do not place future orders on the live platform. I will explain why in another article.
We leave the demo account charts running for audible alerts when we hit stops, profit targets, technical price levels and when certain technical indicators form. We also keep the Automatic Trading Systems that we utilize running on the demo. We seldom allow computers to automatically execute trades unattended with real money (although they can). We do let them execute the trades automatically on the demo accounts with pretend money and audibly alert us. We then check and see if we should also execute a matching live trade. The audio alerts also eliminate the need to be sitting in front of the computer 24/7 while a live trade is open, or while just waiting for the markets to do something that would require my attention. The alerts have also awoken me from a sound nap (it is a 24 hour a day market).
Many other benefits also come from the use of Forex demo accounts. For example; M 5 Forex offers trading accounts with three different platforms, one for micro accounts ($25 initial minimum and 100 to 1 leverage), one for mini accounts ($200 initial and 200 to 1 leverage) and one for standard accounts ($250 and 400 to 1 leverage). We only offer one demo account though, and it is with our standard account platform. Why? It is the best, most sophisticated platform with the best charting package. Even if you sign up for our micro account and live trade on that platform, we recommend using the demo account for all your practicing, analyzing, set ups and charting. Making mistakes and taking losses on the 400 to 1 leveraged demo platform, even with pretend money, will teach you quickly to practice sound risk management strategies on every trade. It makes transitioning from the smaller account platforms to the standard account seemingly effortless.
Secondly, and this cannot be stressed enough, no other market in the world is as exciting (hence volatile) as the Forex market. You can read, train and study all you want. Until you develop a feel for the Forex market and learn what we call “reading the right side of the charts,” your trades will have higher probabilities of ending up in losses. And I will let you in on a little Forex secret. There are no secrets in Forex. There’s not a secret trading strategy that will work for you all the time. Every strategy ever thought up, designed and marketed has also been bought, analyzed and countered by other traders and brokers (us included). You must develop a feel for the market, and there is no cheaper way of gaining market experienc
What is different is the market reaction to my demo trades (which is no market reaction) versus my live trades. On a live trade, the very next tic after I execute a trade is in the opposite direction 99.9% of the time (I will explain why in a future article). Another important difference is that the demo is where the brokers test any platform updates or changes prior to being implemented on their live platform. This may cause some instability on the demos which are not seen on the actual live platforms.
The benefits to utilizing a Forex demo account however, far outweigh any of these drawbacks. The two most important reasons are learning how to use the trading platform itself, and becoming familiar the Forex market. There is no worse feeling than to jump on a trading platform, figure out how to execute a trade, make the trade, realize you made it in the wrong direction, and then spend the next fifteen minutes reading through the online instructions trying to figure out how to close the trade, all the while the market is on a surge against you. Please, practice doing everything on the demo platform you intend to use before going live.
The benefits to utilizing a Forex demo account however, far outweigh any of these drawbacks. The two most important reasons are learning how to use the trading platform itself, and becoming familiar the Forex market. There is no worse feeling than to jump on a trading platform, figure out how to execute a trade, make the trade, realize you made it in the wrong direction, and then spend the next fifteen minutes reading through the online instructions trying to figure out how to close the trade, all the while the market is on a surge against you. Please, practice doing everything on the demo platform you intend to use before going live.
There are some truths to these. Demo accounts do give newcomers a false sense of security in their abilities, since the emotional involvement with a pretend trade is nowhere near the emotional rollercoaster associated with a live trade with ones own hard earned money. And I do disclose this fact to all aspiring Forex traders prior to them going live. As far as the price feeds being different on demo accounts, this just isn’t true with the demo accounts we utilize. The exact same currency quote stream that feeds my demo also feeds my live accounts. They are both coming from the exact same ip address. I have heard of this problem on other demo accounts, but have no first hand experience with them.
I am very familiar with the negatives associated with demo account trading, as I experienced them early on when learning to adjust from stock/option trading to Forex trading.
1. Demo accounts give a false sense of security in Forex trading.
2. The emotions of “Live Money” trading are not brought into play with demo accounts.
3. Forex demo account quote feeds are not the same as live account feeds.
1. Demo accounts give a false sense of security in Forex trading.
2. The emotions of “Live Money” trading are not brought into play with demo accounts.
3. Forex demo account quote feeds are not the same as live account feeds.
Many of my clients and staff ask me what are views on the use of Forex demo accounts. Bottom line is I am very pro demo accounts. To the point where I have a demo account constantly running on the company systems, as well as my own Forex trading computer at home, even while I am live trading. It is running while I am away, while asleep and even while I am watching my favorite ball team play on Sunday afternoons. My demo account is an integral part of my Forex trading strategy, training, self-education and professional life.
There are hundreds of Forex demo accounts available on the internet. Most are free and simple to download and set up on your computer. Some argue that these demo accounts are not a true indicator of actual "live" Forex trading. There is some truth to that, but demo accounts provide many benefits and opportunities, even after you start live trading.
Monday, June 22, 2009
Central banks
National central banks play an important role in the foreign exchange markets. They try to control the money supply, inflation, and/or interest rates and often have official or unofficial target rates for their currencies. They can use their often substantial foreign exchange reserves to stabilize the market. Milton Friedman argued that the best stabilization strategy would be for central banks to buy when the exchange rate is too low, and to sell when the rate is too high—that is, to trade for a profit based on their more precise information. Nevertheless, the effectiveness of central bank "stabilizing speculation" is doubtful because central banks do not go bankrupt if they make large losses, like other traders would, and there is no convincing evidence that they do make a profit trading.
National central banks play an important role in the foreign exchange markets. They try to control the money supply, inflation, and/or interest rates and often have official or unofficial target rates for their currencies. They can use their often substantial foreign exchange reserves to stabilize the market. Milton Friedman argued that the best stabilization strategy would be for central banks to buy when the exchange rate is too low, and to sell when the rate is too high—that is, to trade for a profit based on their more precise information. Nevertheless, the effectiveness of central bank "stabilizing speculation" is doubtful because central banks do not go bankrupt if they make large losses, like other traders would, and there is no convincing evidence that they do make a profit trading.
Commercial companies
An important part of this market comes from the financial activities of companies seeking foreign exchange to pay for goods or services. Commercial companies often trade fairly small amounts compared to those of banks or speculators, and their trades often have little short term impact on market rates. Nevertheless, trade flows are an important factor in the long-term direction of a currency's exchange rate. Some multinational companies can have an unpredictable impact when very large positions are covered due to exposures that are not widely known by other market participants.
An important part of this market comes from the financial activities of companies seeking foreign exchange to pay for goods or services. Commercial companies often trade fairly small amounts compared to those of banks or speculators, and their trades often have little short term impact on market rates. Nevertheless, trade flows are an important factor in the long-term direction of a currency's exchange rate. Some multinational companies can have an unpredictable impact when very large positions are covered due to exposures that are not widely known by other market participants.
Unlike a stock market, where all participants have access to the same prices, the foreign exchange market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest investment banking firms. Within the inter-bank market, spreads, which are the difference between the bid and ask prices, are razor sharp and usually unavailable, and not known to players outside the inner circle. The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). This is due to volume. If a trader can guarantee large numbers of transactions for large amounts, they can demand a smaller difference between the bid and ask price, which is referred to as a better spread. The levels of access that make up the foreign exchange market are determined by the size of the "line" (the amount of money with which they are trading). The top-tier inter-bank market accounts for 53% of all transactions. After that there are usually smaller investment banks, followed by large multi-national corporations (which need to hedge risk and pay employees in different countries), large hedge funds, and even some of the retail FX-metal market makers. According to Galati and Melvin, “Pension funds, insurance companies, mutual funds, and other institutional investors have played an increasingly important role in financial markets in general, and in FX markets in particular, since the early 2000s.” (2004) In addition, he notes, “Hedge funds have grown markedly over the 2001–2004 period in terms of both number and overall size” Central banks also participate in the foreign exchange market to align currencies to their economic needs.
Presently, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements.[2] Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.[3]
The foreign exchange market (currency, forex, or FX) is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. [1]FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system until 1971.
Sayuri Ozawa, Creative Director
Sayuri is responsible for our unique look and feel. She has over 10 years of experience in creative development, and web and graphic design. Sayuri holds a successful portfolio of projects from Japanese and US corporations.
She received extensive training and multiple Bachelor and Masters degrees from leading Japanese and U.S. universities. Sayuri is leveraging her unique intercultural background to make Forex Club different from all the competition.
Sayuri is responsible for our unique look and feel. She has over 10 years of experience in creative development, and web and graphic design. Sayuri holds a successful portfolio of projects from Japanese and US corporations.
She received extensive training and multiple Bachelor and Masters degrees from leading Japanese and U.S. universities. Sayuri is leveraging her unique intercultural background to make Forex Club different from all the competition.
Pavel Khizhnyak, Head of Institutional Sales
Pavel has 8 years experience in the Forex Industry. He is the founder and supervisor of the Institutional Sales Department. His background includes project management, oriental studies, and business planning and analytics.
He has been focused on developing the fast growing Asian markets. Prior to joining Forex Club Financial Company, he held the chief representative officer position in the Academy of Exchange Trading in Beijing. He guided the project from the ground level, earning many prestigious financial industry awards.
Pavel earned a Bachelor's degree in Oriental Studies and a Masters degree in Project Management. He has enjoyed the success he has had working in a number of corporations in Eastern Europe, China, and South Korea, whilst pursuing advanced professional training in corporate management, marketing and customer service.
Pavel has 8 years experience in the Forex Industry. He is the founder and supervisor of the Institutional Sales Department. His background includes project management, oriental studies, and business planning and analytics.
He has been focused on developing the fast growing Asian markets. Prior to joining Forex Club Financial Company, he held the chief representative officer position in the Academy of Exchange Trading in Beijing. He guided the project from the ground level, earning many prestigious financial industry awards.
Pavel earned a Bachelor's degree in Oriental Studies and a Masters degree in Project Management. He has enjoyed the success he has had working in a number of corporations in Eastern Europe, China, and South Korea, whilst pursuing advanced professional training in corporate management, marketing and customer service.
Lydia Wong, Head of New Accounts and Support Department
As the Head of the New Accounts Department, Lydia is responsible for insuring timely account processing, exceptional customer service and client support for all language divisions.
Lydia has 10 years working experience in the banking industry. She began her career as a bank client coordinator in Dime Savings Bank in New York and worked her way to Assistant Branch Manager in TD Bank (Commerce Bank). She holds the Annuity and Insurance license and was awarded 2 years in a row as a multi-million dollar producer in Washington Mutual. She was a certified consumer loan officer in TD Bank, handling over millions of dollars worth of loans per year.
Lydia joined Forex Club in 2008 as a manager of the New Accounts Department, overseeing 4 international divisions and bringing the rigorous banking standards and practices into the company.
As the Head of the New Accounts Department, Lydia is responsible for insuring timely account processing, exceptional customer service and client support for all language divisions.
Lydia has 10 years working experience in the banking industry. She began her career as a bank client coordinator in Dime Savings Bank in New York and worked her way to Assistant Branch Manager in TD Bank (Commerce Bank). She holds the Annuity and Insurance license and was awarded 2 years in a row as a multi-million dollar producer in Washington Mutual. She was a certified consumer loan officer in TD Bank, handling over millions of dollars worth of loans per year.
Lydia joined Forex Club in 2008 as a manager of the New Accounts Department, overseeing 4 international divisions and bringing the rigorous banking standards and practices into the company.
Michael Felice Jr, CFO
Michael is responsible for all of the financial matters that the company incurs, which include, but are not limited to: financial planning, handling audits and regulatory bodies, implementing accounting and financial guidelines, overseeing all accounting activities, as well as preparation of corporate tax returns. Mike is one of company's founding employees, working as a consultant since 2005 and joining it full time in January 2007.
Michael holds a Bachelor of Science degree in Business Administration with a concentration in Accounting. He is also enrolled with the Internal Revenue Service. Prior to joining Forex Club, Michael was a partner in a tax and accounting firm, which had several hundred clients, with services including personal, business, and fiduciary tax returns and Internal Revenue Service audits. His extensive financial and accounting experience brings solid knowledge and operational skills to Forex Club management team.
Michael is responsible for all of the financial matters that the company incurs, which include, but are not limited to: financial planning, handling audits and regulatory bodies, implementing accounting and financial guidelines, overseeing all accounting activities, as well as preparation of corporate tax returns. Mike is one of company's founding employees, working as a consultant since 2005 and joining it full time in January 2007.
Michael holds a Bachelor of Science degree in Business Administration with a concentration in Accounting. He is also enrolled with the Internal Revenue Service. Prior to joining Forex Club, Michael was a partner in a tax and accounting firm, which had several hundred clients, with services including personal, business, and fiduciary tax returns and Internal Revenue Service audits. His extensive financial and accounting experience brings solid knowledge and operational skills to Forex Club management team.
Peter Tatarnikov, Chief Operating Officer, VP.
Peter has 12 years experience in the Forex Industry. He joined Forex Club Financial Company in 2006 as its Chief Operations Officer. As a Tuv-Thuringen ISO quality systems manager, Peter brings benchmark performance standards to every stage of the company's daily operations.
Peter formerly held the position of Chief Dealer in the largest retail Forex broker in Russia and CIS. Under his leadership, he expanded the Dealing Department by fivefold, uniting top Forex trading professionals.
From 1999 to 2003, Peter held several banking positions, which ranged from assistant trader to chief trader. During his career, Peter designed and held over 200 seminars on Forex Trading. Professionalism and commitment has made him a well known FX market commentator and spokesperson for the retail FX industry. He has frequently appeared in financial news outlets.
Peter has 12 years experience in the Forex Industry. He joined Forex Club Financial Company in 2006 as its Chief Operations Officer. As a Tuv-Thuringen ISO quality systems manager, Peter brings benchmark performance standards to every stage of the company's daily operations.
Peter formerly held the position of Chief Dealer in the largest retail Forex broker in Russia and CIS. Under his leadership, he expanded the Dealing Department by fivefold, uniting top Forex trading professionals.
From 1999 to 2003, Peter held several banking positions, which ranged from assistant trader to chief trader. During his career, Peter designed and held over 200 seminars on Forex Trading. Professionalism and commitment has made him a well known FX market commentator and spokesperson for the retail FX industry. He has frequently appeared in financial news outlets.
Michael J Felice, President
Michael J Felice was instrumental in organizing and founding Forex Club Financial Company Inc. in 2005 and has served as its President and Chief Executive Officer since its inception.
In this capacity, Mr. Felice oversees the firm's daily operations and participates in overall strategic decision making.
With nearly 30 years of diverse experience within the brokerage industry, Mr. Felice has built a reputation for competency and integrity through his interaction with various financial and regulatory agencies. His previous work experience includes both executive and sales positions, and involved registration with the Commodity Futures Trading Commission and various categories as well as National Futures Association membership.
Michael J Felice was instrumental in organizing and founding Forex Club Financial Company Inc. in 2005 and has served as its President and Chief Executive Officer since its inception.
In this capacity, Mr. Felice oversees the firm's daily operations and participates in overall strategic decision making.
With nearly 30 years of diverse experience within the brokerage industry, Mr. Felice has built a reputation for competency and integrity through his interaction with various financial and regulatory agencies. His previous work experience includes both executive and sales positions, and involved registration with the Commodity Futures Trading Commission and various categories as well as National Futures Association membership.
iTrade Capital Markets offers you a choice of three different Expert Advisor automated trading systems. Each one has an outstanding performance record and all bring fantastic benefits. Expert Advisors are automated trading programs that plug into MetaTrader software and trade your account for you, no need to be online or logged in. You will still have full access to your account so you can login any time to view performance or even place your own trades.
Saxo Bank A/S shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information herein contained. The contents of this publication should not be construed as an express or implied promise, guarantee or implication by Saxo Bank that clients will profit from the strategies herein or that losses in connection therewith can or will be limited. Trades in accordance with the recommendations in an analysis, especially leveraged investments such as foreign exchange trading and investment in derivatives, can be very speculative and may result in losses as well as profits, in particular if the conditions mentioned in the analysis do not occur as anticipated.
Today's calendar is very sparsely populated with the rather stale Canadian Retail Sales from April the only data point of note, but it appears that the market may be building energy for a larger move soon, as is often the case when important inflection points are in the offing. On the risk appetite front, we have all eyes on the 200-day moving average of the US S&P500,
As we have been doing for the past few days, we continue to focus on the ranges within the ranges, as players in the FX market dont seem to want to put many of their chips on the table until key technical and/or event risk thresholds are crossed. See EURUSD techs below. For AUDUSD, the important level comes in around 0.8050 to the upside with focus on the 21-day moving average on the close (the last close convincingly below this level was iin April).
The FT was out with an interesting article about Switzerland's desire to reduce the size of its two largest banks to reduce the systemic risks posed by their size relative to the Swiss economy. The SNB's Hildebrand indicated that he hoped to find new international rules for banks, but that the bank might have to take "direct and indirect" steps to limit banks sizes. This story bears watching, as does the SNB's actual intervention in the market, which was apparently felt in the market yesterday to the tune of yards of francs on the offer after the SNB shot across the bow with strong verbal intervention earlier in the day.
Particular interest was focused on the strongly falling weekly US continuing claims number, which was down a solid 148,000 from the previous week, the first drop since January. This will give the green shoots crowd some reason for hope, but there is an awful lot of wood to chop before we are likely to see the unemployment rate falling again in the US. The initial jobless claims number needs to drop consistently and the payrolls numbers will need to begin to turn to consistently outright positive levels before we can call a bottom, but this does give hope that the US job market's deterioration is slowing.
Market Comments:
US Treasuries sold off heavily yesterday with the much better than expected Philly Fed and the falling continuing jobless claims numbers giving the optimists some hope while the market also eyes next weeks massive auction ($104 billion) of two, five and seven year US treasury notes. The auctions were announced yesterday. The heavy treasury selling and a gentle rally in stocks saw the the usual reaction in the FX market, with JPY crosses up sharply and the USD suddenly struggling back toward support. The ranges held rather well, however, with EURUSD finding a brick wall at 1.4000 once again before selling off all the way below 1.3900 late in the North American session. It appears the market is on tenter hooks ahead of next week's FOMC meeting, where it appears the Fed will need to send some kind of signal on its view of the market's rather bold prediction of late that the Fed could move on rates sooner than was previously expected. The market will also be curious how well it can absorb the treasury issuance blitz, as next week's auction size was likely increased after the success of recent well subscribed auctions.
US Treasuries sold off heavily yesterday with the much better than expected Philly Fed and the falling continuing jobless claims numbers giving the optimists some hope while the market also eyes next weeks massive auction ($104 billion) of two, five and seven year US treasury notes. The auctions were announced yesterday. The heavy treasury selling and a gentle rally in stocks saw the the usual reaction in the FX market, with JPY crosses up sharply and the USD suddenly struggling back toward support. The ranges held rather well, however, with EURUSD finding a brick wall at 1.4000 once again before selling off all the way below 1.3900 late in the North American session. It appears the market is on tenter hooks ahead of next week's FOMC meeting, where it appears the Fed will need to send some kind of signal on its view of the market's rather bold prediction of late that the Fed could move on rates sooner than was previously expected. The market will also be curious how well it can absorb the treasury issuance blitz, as next week's auction size was likely increased after the success of recent well subscribed auctions.
Tuesday, March 24, 2009
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