Monday, April 21, 2008

Today's Forex News

What Is Forex Article Of The Month



Let's Talk About Forex

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What about Forecasting: Predicting current and future market trends using existing data and facts. Analysts rely on technical and fundamental statistics to predict the directions of the economy, stock market and individual securities.
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Forex charting software includes many features as simple click fills. In this software an indicator is a series of data points that is derived by applying a formula to the price data of a particular security. Price data includes any combination of open, high, low or close points plotted over a period of time. Some indicators may use only the closing prices, while others incorporate volume and open interest into their formulas. The price data is entered into the formula and the software produces a data point. The goal of Technical Analysis is to build indicators and make indicator analysis to build market-timing strategy.
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The Division of Trading and Markets (now Division of Clearing and Intermediary Oversight, or DCIO) issued an advisory in 2002 concerning foreign currency trading by retail customers (PDF). The advisory affirms that off-exchange trading of foreign currency futures and options contracts with retail customers by a counterparty that is not a regulated financial entity as set forth in the CFMA is unlawful. The advisory further states that, if there is a lawful counterparty to the transaction, such as a person registered as a futures commission merchant, the persons acting as intermediaries to such a transaction, that is, in the manner of an introducing broker, commodity trading advisor or commodity pool operator, would not need to register under the CEA if that is their only involvement in futures or option transactions.

The Latest What Is Forex News

Gold futures plummet to 2-week low

Fri, 18 Apr 2008 15:49:03 EDT
Read full story for latest details.



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