Posts Tagged ‘People’

The 10 am Rule and How it works

October 21st, 2022

Sometimes it`s wise not to be the early bird when investing in forex,Guest Posting instead wait and see what the day will bring before you take action. The 10 A.M. rule is a great example of this concept, and is an example that protects your capital. Let`s say you want to buy a forex stock, for whatever reason; a trend play, or a market rally that you think a currently hot sector will participate in. You know that a great time to buy would be on a gap down, but the market is in rally mode and instead of gapping down, the forex stock gaps up. But buying the gap up is a bad trade. Now what do you do?

You use the 10 A.M. rule, and wait until after 10 A.M. for the right forex stock investing time to buy the stock. If the forex stock makes a new high for the day after 10 A.M., then, and only then, should you trade the stock. Of course, you will use stops to protect yourself, like you would on any trade.

Anyone who`s followed the market knows that a forex stock will often gap up early in the morning, only to suddenly sell off and reverse into negative territory. By following the 10 A.M. rule, you avoid the risk of this sudden reversal. If the forex stock does make it to a new high after 10 A.M., there is still trader interest in the forex stock, and it stands a good chance of gaining momentum and heading even higher.

Currency Trading Robots Soak Up Greenback Woes

March 21st, 2022

In recent years, hi tech Forex trading bots or robotic software programs have become increasingly, and enthusiastically used to trade on the foreign exchange markets, both in The United States and globally.

Three forex robots are particularly popular because of their claims that, for example, the software will double an investor’s money, bringing in a 100% gain to the account in 30 days. The three programs are all distributed on the Idaho based, ClickBank digital product aggregation marketplace.

Why is currency trading suddenly becoming so popular? Today’s financial climate, although still volatile, is thought to be a rather predictable one; that is, we see a falling American dollar and a collapsing euro. The Australian dollar, on the other hand, is strengthening against the U.S. dollar and the euro, as commodities are being seen as a safer bet than merely holding American dollars, U.S. stocks or treasury bonds. In these uncertain times, foreign exchange traders can make substantial profits in these offshore financial markets. The times are uncertain to some, while being relatively predictable to others. Emerging economies such as Brazil, Russia, India and China lend an added dimension: atypical growth in an environment of contraction.

The U.S. greenback is not officially in a currency crisis. That is, not until China, Japan, Saudi Arabia, Iran and Russia dump the dollar as their preferred reserve currency and replace it with something else, such as a basket of mixed currencies, and possibly gold. The Middle East oil producers have already stated that this would be their preference, following the global financial crisis that began in 2008. China and Japan each hold approximately a trillion U.S. dollars worth of Treasury debt, so they continue to prop up the falling dollar.

In light of the above, it is reasonable to speculate that the foreign exchange or forex traders will be having an easier time, overall, with their currency trading decisions. Of course the forex robots are systems based upon artificial intelligence. One product even uses the description of ‘neural net’ in its name, to imply that it works rather like a human brain. The difference is, of course, that it works coldly, without flushes of emotion to dampen its intelligence.

Micro movements too, can be traded using these forex trading automation tools. Statistical comparisons with price changes in gold, silver, oil and other commodities are important factors to consider also as sudden news announcements can lead to a rush on banks and even to an instant debasement of the American greenback, due to the existence of about 70 trillion dollars of federal (national) debt and unfunded federal liabilities and social responsibilities, such as medicare, medical insurance plans under the Obama government, superannuation and Social Security entitlements to the aged in the USA.