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Forex Profits In This Uncertain Market

ForexTradeGains.com Still Taking In Profits
While the Rest of The Financial Market Reacts To the EU

The US Financial markets slowed in activity in response to  Merkel’s insistence  that Germany will not commit to further  liabilities and  nor share debts including a Eurobonds.

This did not  affect the Forex market.  Forex does not respond like the New York Stock Exchange and ForexTradeGains is still profiting when the rest of the financial market reacts to news regarding the financial crisis in Europe.

ForexTradeGains client’s profts are not  affected by how a  country’s  economy is doing.   We just need to know if   x-country’s economy is doing better/worse that y-country’s  economy.

If the x is doing worse than y, we will sell the x-currency against y-currency or vice-versa. We  compare countries currencies  against each other and  look for a possible trade.

Right now most economies are not doing well, it is just the matter of who is doing the best/worse in comparison to others.  This is just the fundamental aspect of the trade.
There are also  technical aspect of trading  which consists of charting, TF, planning trades…. Technical analysis is even more important for our trading strategy and gives us more opportunities profit from trades.

It is a good time to be in Forex Trade while the other markets very inconsistent  and unsteady and severly  reacting to EU news.

We’ll take the stress out of FX and trade for you.
Minimum 10K Test.
Financial Partners Welcomed.

Verifiable Steady Gains Yearly
AAA Rated Forex Brokerage

ForexTradeGains.com
Team@ForexTradeGains.com
Phone: 423-523-9911
 

Additional Reading:

Current Events: The European Union and the Eurozone Crisis

Central Banks

An Introduction to Forex Trading – A Guide for Beginnersoves i

Apple iPad MD330LL/A (64GB, Wi-Fi, White) NEWEST MODEL

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June 18 – Market Update – Greece New Democracy Forming Coalition

ForexTradeGains.com – Update on Greece

Greece's Antonio Samaras

Greece’s Antonis Samaras : Courtesy of BusinessWeek.com

Greek voters have played their part for a second time in as many months to try and democratically elect a party to lead them through its most difficult times of the modern era. 

The New Democracy party has won the right to try and form a coalition government over the next 3 days with 130 seats, which is 20 seats short of an outright win.

This had markets breathe a brief sigh of relief to know that the ball is in the court of the more predictable conservative party. Also adding to the sense of relief was knowing that the other main pro Bailout Party Pa.So.K collected 33 seats which would take a coalition over the 150 seat requirement should they come to an agreement.

However, this is much easier said than done and we can expect there to be hurdles and delays as both pro bailout parties have agendas and will know the strength of cards that they hold.

Markets are relieved for the short term that the unknown SYRIZA party did not win but they will still be playing a major part in Greece’s progression. There is still a fair bit to play out and today’s result just helps us understand the initial path we take.

We’ll take the stress out of FX and trade for you
10K Minimum Test Trade
Financial Partners Welcomed.

Verifiable Steady Gains Yearly
AAA Rated Forex Brokerage

ForexTradeGains.com
Team@ForexTradeGains.com
Phone: 423-523-9911
 

Additional Reading:

What the Hell Is Going on with the Greek Financial Crisis
Greece’s ‘Odious’ Debt: The Looting of the Hellenic Republic by the Euro, the Political Elite and the Investment Community (Anthem Finance)
Bust: Greece, the Euro and the Sovereign Debt Crisis (Bloomberg (UK))
An Introduction to Forex Trading – A Guide for Beginners
The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start (Wiley Trading)
Apple iPad MD330LL/A (64GB, Wi-Fi, White) NEWEST MODEL

June 16 – NEWS – OANDA Suspends Trade Sunday For Greek Vote

 1st Time In History
NEWS – ForexTradeGains.com
Greek Vote

Courtesy of http://www.news.com.au

Between between 1000 GMT and 1900 GMT Sunday OANDA will suspend trading Sunday to limit exposure to price swings and will not  accept trading instructions between 1000 GMT and 1900 GMT Sunday

OANDA Corporation is a financial services provider of currency conversion, online retail foreign exchange (forex) trading, online foreign currency transfers, and forex information. See details about this suspension at FINRA.ORG 

ForexTradeGains currently does not trade through OANDA.

We’ll take the stress out of FX and trade for you.
Financial Partners Welcomed
Minimum 10K Test Trade

Verifiable Steady Gains Yearly
AAA Rated Forex Brokerage

ForexTradeGains.com
Team@ForexTradeGains.com
Phone: 423-523-9911
 

Additional Reading:

Current Events: The European Union and the Eurozone Crisis

Central Banking Systems Compared: The ECB, The Pre-Euro Bundesbank and the Federal Reserve System

An Introduction to Forex Trading – A Guide for Beginnersoves i

Profiting With Forex: The Most Effective Tools and Techniques for Trading Currencies

The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start (Wiley Trading)

Apple iPad MD330LL/A (64GB, Wi-Fi, White) NEWEST MODEL

GREEK VOTE – Bankers On Alert and Prepared

U.S. Banks have been intensely practicing financial defensive strategies in preparation for another potential financial crisis and have stepped up contingency plans to diffuse a possible major financial fallout because of the Greek Vote and what may happen because of the Vote.

After witnessing Greece waver as they tried to comply with the March bailout terms to keep Greece in the European Union, the banking industry moved forward with their defensive programs in preparation of Greece exiting the EU and taking all measure to prevent major disaster as a result of the exit including setting up Crisis Teams at banks in New York and London.

Legal implications have been a major consideration because of banking contracts including loans, bonds and other bank instruments and agreements. There is possibility that a contract could end up in the wrong currency because of changes to the currencies as a result of the Vote. And as a precaution some banks are attempting to move their contracts to more favorable venues to hopefully have agreements operating in the more valuable and favorable currency should there be currency issues.

Banking preparations included practice dry runs to handle possible scenarios that may occur if Greece exits the European Union or other countries leaving the EU or even the dissolution of the EU. For instance in the case of a new currency, test runs have been made for Bankers to practice working a potential new currency.

Bankers with large exposure in Euro countries tested to be sure large funds could be readily transferred from one country to another without issues and making sure those payment system were working successfully.

Clients have been demanding communication with their bankers European divisions and branches for financial news updates for direction and to decide what to do next.

Like the rest of the world bankers are waiting to see what happens and this time many  are better prepared.

Additional Reading:

What the Hell Is Going on with the Greek Financial Crisis

Wall Street and the Financial Crisis: Anatomy of a Financial Collapse

Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market (Wiley Trading)

Profiting With Forex: The Most Effective Tools and Techniques for Trading Currencies

Apple iPad MD330LL/A (64GB, Wi-Fi, White) NEWEST MODEL

June 11 – Post 100B EUR Spanish Bailout Announcement -Forex Trade Update

ForexTradeGains.com
FX Trading Update for June 11th

Spain’s Prime Minister Mariano Rajoy

Euro gapped higher on the first trading day of the week in the wake of 100B rescue deal for Spanish banks negotiated over the week-end.

The Spanish bank rescue deal provided much needed boost for risk FX, but it left many questions open as details of the package were scarce.

As many analysts have pointed out it left the issues of interest rates and source of funding still open, but most importantly the deal did not clarify if the rescue package would be senior to the Spanish sovereign which in turn could force Spain out of the credit markets.

Technicals

The pair raced to a high of 1.2667 in early Asian trade before running into resistance and is so often the case of with weekend gaps, the flows reversed in Europe with EUR/USD dipping back below 1.2600 as profit taking kicked in.

Related  News:

THE SPANISH BAILOUT: A GUIDE FOR THE PERPLEXED

Brief:  What does Spain Get and Possible Bailout Payback b

What could be next for Italy in light of  Spanish Bailout?

Additional Reading:

A Short History of Spain (Classic Reprint)

Spain on the Rocks?: Spain in 2012: An Economic & Political Analysis and Survey of Analysts

Profiting With Forex: The Most Effective Tools and Techniques for Trading Currencies

Apple iPad MD330LL/A (64GB, Wi-Fi, White) NEWEST MODEL

Categories: Uncategorized

June 7 – TIME TO GET INTO FOREX – FX BREAK THROUGH

ForexTradeGains.com
Current Profit Opportunities

Market is now  profitable as expected and posted end of  last week.   Very confident double digit profits  until the end of the month which will result ForexTradeGain YTD  at  very good numbers with June gains already up 5%.

Very optomistic regarding financial markets in general as Consumer credit rose in April.   Another positive for the financial market is that the   Household Net Worth  Increases By Most Since 2000 in the U.S.

ForexTradeGain   correctly predicted  FX market was due for break through  for FX opportunities. Helping is  other market upward activity with    U.S. stocks advancing  fourth straight day today.

Clients  thinking about FX Trading should do so NOW.  Now is the time to catch a ride on the movement with Forex TradeGains.com.

Unlike other Forex offers for Education Programs or “automated systems”; ForexTradeGains.com executes  the trades for clients at 10K minimum.

It takes many back to back profitable years, ongoing 24/7 market watch and  understanding how, when and how much  to be successful at Forex Trading

ForexTradeGains.com brings perfect solution for those interested in Foreign Exchange Profit but do not want to chase market information and stress over how to  trade.

Technical — Statistic calculation  have been changed because of the market flats last few months. The levels changed by about 8 pips –  indecision of the market.  With the current open positions we have 3,5% locked in for this week and further.  Going for 1.2680 on EU and then a big sell off for at least 2% on each swing. Expect at least 5-8 swings like that in the next few weeks.

We’ll take the stress out of FX and trade for you
At 10K Minimum Test
Financial Partners Welcomed.

Verifiable Steady Gains Yearly
AAA Rated Forex Brokerage

ForexTradeGains.com
Team@ForexTradeGains.com
Phone: 423-523-9911
 

Additional Reading:

2012 forecast: recovery … or recession?(ECONOMIC OUTLOOK): An article from: Financial Executive

The Future of Consumer Credit Regulation (Markets and the Law)

The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start (Wiley Trading)

Apple iPad MD330LL/A (64GB, Wi-Fi, White) NEWEST MODEL

June 6 – Midweek Gains – ECB News Stirring FX Activity

ForexTradeGains.com
Profitable At Midweek As Anticipated

Profitable first half of the week  with healthy FX movement  as anticipated.  The EUR/USD traded slightly lower in the initial aftermath, but has regained most of the drop after a typically volatile eve.  More gains likely next couple trading days.

Profit Opportunities with reaction to news:

The European Central Bank  kept interest rates at 1% today amid growing tensions in the European Monetary Union. Many expected the ECB to take action by either cutting interest rates or announcing some form of additional stimulus, but those measures never came to fruition.

In ECB President Mario Draghi’s press conference afterward, he continued to say the same thing as he did the previous ECB interest rate decision; mentioning that the Long Term Refinancing Operations of the past hadn’t yet exhausted their effects.

We’ll take the stress out of FX and trade for you.
Financial Partners Welcomed.

Verifiable Steady Gains Yearly
AAA Rated Forex Brokerage

ForexTradeGains.com
Team@ForexTradeGains.com
Phone: 423-523-9911
 

Additional Reading:

Current Events: The European Union and the Eurozone Crisis

Central Banking Systems Compared: The ECB, The Pre-Euro Bundesbank and the Federal Reserve System

Central Banks

An Introduction to Forex Trading – A Guide for Beginnersoves i

Profiting With Forex: The Most Effective Tools and Techniques for Trading Currencies

The Sensible Guide to Forex: Safer, Smarter Ways to Survive and Prosper from the Start (Wiley Trading)

Apple iPad MD330LL/A (64GB, Wi-Fi, White) NEWEST MODEL