Watch Forex Lesson One Video - A free Forex Tutorial!*

(this video is not mine, but is such a good beginners video for future Forex users, I decided to post he video)

This Forex Video lesson / free forex tutorial is approx. 49 minutes

Market Traders Institute is proud to offer free this Forex training video, at no charge, Lesson One of sixteen, is an excellent beginner's forex tutorial.

The CEO, President and founder of MTI, Jared Martinez, teaches the ins and outs of the Foreign Currency Exchange Market. There is absolutely no cost.

This Instructional video is so informative and we are sure you will want to continue your education with us.

*This lesson / free forex tutorial is approx. 49 minutes. You will be asked to complete a survey to continue viewing the second half. By completing the form you agree you will not offer for sale, reproduce or give this foreign currency exchange instructional video to any other individual or firm.

Before you watch this Free Forex educational course, ask yourself:

What are you looking for?
Why did you come to this site?
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Forex: The Keep It Simple Stupid Guide

source: Jim Wilson

A wonderful way to diversify your investment portfolio is to learn forex trading. Many new investors have discovered the world of foreign exchange trading to be an exciting new challenge. One that is filled with rewards that are beyond what they were achieving as stock traders. Currency forex trading is a great way to branch out into new investments. Experience a completely new world of investing by stepping outside of the chaotic domestic economy.

The unique thing about the forex market is that it never closes, if you feel like trading at 2am it's not a problem. Unlike with other markets, such as the stock exchange, you can continue dealing with the currency trading market without worries over it closing at the end of the day. Websites give you 24-hour access to monitor what has been happening in the world currency markets at anytime. Through these sites you are able to learn all the basics about the market.

The websites will include tools and tips to guide you through the beginning steps of trading. This is a clear advantage because you can hone your trading skills before laying down your own money in the market.

When you think of it, the forex firms are training you to become skilled at trading for free by providing guidance, demos and news at no additonal cost. In a short while you will start feeling confident in trading and investing in forex. It only takes about $300 to start getting some good returns.

Learning forex does not require that you have a degree in economics or that you study the markets for years. The forex trading websites have made it easier for you to become successful. Forex brokers will give you access to the market for your currency trading.

Just like stock brokers, they can provide you accurate information and advice on how to deal with Forex trading strategies. Advice includes all the aspects of the Forex trading market which extends to research approaches and technical analysis to improve the member�s trading performance. Naturally, because this market has apparently been providing a great return on investment, large financial institutions have been proactively monopolizing the market.

However, with the trading firms, small-time individuals also have the opportunity to earn money through Forex trading brokers. As I mentioned earlier, the online firms have been providing powerful website tools to become familiar with the whole idea of the currency market.

Your choice of Forex trading broker will largely depend on your need in the trading market. Many brokerage sites will provide trading simulators and expert advice as well as research and analysis designed for first time traders. Furthermore, these websites typically provide experienced online Forex traders who offer in-depth advice to forex traders of all levels. All of these tools are available to beginners to try out.

You really can earn money by taking the time to learn forex trading. The availability of investment simulators and 24-hour customer support enables new investors to learn quickly. Not only can you be trading in no time, you will also be showing a tidy profit. Start researching forex trading. You might be shocked to see how many large companies are involved.

Currency Exchange Terms Every Forex Trader Should Know

Before jumping into the forex market, you need to arm yourself with some terminology that will be used in any course or software on this subject. The following set of terms were put together with the idea of providing the novice forex trader with the fundamental concepts of the forex trading business. While they sound technical, most are easy to understand and apply.

Let us begin with the instruments that are traded in the forex markets. Currencies are traded in pairs so the instrument will always be in this double denomination. The reason for this is simple; the basis of forex currency trading is to exchange one currency for another. So if the pair is the Euro and the US Dollar, and the forex trader is taking a long position or buying the Euro in hopes that it will appreciate, effectively the trader is also selling US Dollars to buy the Euros. The most widely traded pairs are the Great Britain Pound and the US Dollar (indicated as GBP/USD), the Euro and the US Dollar (the EUR/USD pair), the Aussie Dollar and the US Dollar (AUD/USD pair), the USD and the Japanese Yen (USD/JPY pair), and the Canadian Dollar and the USD (USD/CAD pair). These pairs account for well over 80% of the total volume of the trading in the forex market. The advantage to trading in these currency pairs is that they are highly liquid and allow the investor to convert their portfolio to cash very quickly to realize a profit.

In every pair, the first currency is called the base currency, over which the second one is countered to imply the price of the pair, or commonly referred to as the "cross currency". The second is therefore called the quote currency and the pair price is recorded in terms of the units of the quote currency required to buy one unit of the base currency. Thus, assuming the price of the GBP/USD pair is 1.5, this implies that 1.5 USD will buy 1 GBP.

Every pair is quoted in terms of a bid ask spread. The bid price is the rate at which your forex broker bids to buy the currency at, while the ask price is the rate the forex broker is asking to sell the currency to the forex trader. The bid price will always be less than the ask price and the forex trader will buy at the ask price and sell at the bid price. The bid ask price will be quoted as: GBP/USD 1.532/5, meaning the bid price is 1.532 and the ask price is 1.535.

A pip price interest point), as it is commonly called, is the smallest incremental change a currency pair will experience, for instance, a change in the GBP/USD price from 1.532 to 1.542 is a change of 10 pips. A trading margin is a deposit which is a minimum amount or a small percentage of your traded amount that you have to put up. The remaining amount is supplied by your broker. This amount can vary from 1% to 0.25%, also referred to as 100:1 and 400:1. Most often, forex brokers will offer 100:1 or 200:1 to most clients. This is risky but enables the trader to leverage a large amount that he or she would not otherwise have access to.

Finally, a margin call can happen when the forex trader allows the balance in the trading account to go below the margin deposit percentage agreed upon with the forex broker. The broker will automatically sell your long positions or buy your short positions and clear the entire trading account, returning the margin amount to the trader to protect the trader from losing more money than they have.

source: Andrew Daigle

How geek are you ?

perhaps you are a forex geek, a star wars one or a linux basement guy, find out what percentage of gueekiness lies inside you, may the force be with you !



63% Geek

Recommended Forex Books

Here are some Forex books I recommend you to read, Ill be talking more about forex at my blog really soon because its a subject that I have been studying for the past few months, I have started to see some results has I start to swim inside the forex sea. Forex Can really make a difference in your life, there are lots of people making a load of money with forex, but if you are a beginner forex wannabe like me your should start with these forex books:

Trading in the Global Currency Markets
by Cornelius Luca
Book Info
Text brings the complex machinations of the foreign currency markets to life, clearly and concisely analyzing the various currencies, market forces, and emerging technologies, and illuminating them with real-world examples and graphics.


Beat the Odds in Forex Trading: How to Identify and Profit from High Percentage Market Patterns
by I. R. Toshchakov
Book Info
Add certainty and systematization into Forex trading with this practical approach. Author and industry professional Igor Toshchakov shows how recurring market patterns--which can be recognized on a simple bar chart--can be successfully used to trade the Forex market. Written for traders at every level, this valuable resource discusses the challenges of developing a trading method, while revealing the Toshchakov's approach to the market--both from a philosophical and tactical point of view. You'll discover specific trading strategies based on recognizable market patterns, get detailed information on entry and exit points, profit targets, stop losses, risk evaluation, and much more.


Adventures of a Currency Trader
by Rob Booker
Book Info
Funny, entertaining, and, above all, educational, Adventures of a Currency Trader demonstrates exactly what it takes to capitalize on today's volatile and potentially profitable foreign exchange markets. Told through the eyes of a fictional character by the name of Harry Banes—an aspiring trader who works as a filing clerk in a busy New York law firm—Adventures of a Currency Trader explains in a powerful and compelling manner how you can implement a consistent trading approach in the foreign currency market and become a financially independent currency trader in the process.


The Disciplined Trader: Developing Winning Attitudes
by Mark Douglas
Book Info
This work aims to help traders learn the critical behaviours necessary in responding to market conditions and opportunities. The author - an experienced commodities trader - has considered and confronted the problems he experienced in trading.


Applying Elliott Wave Theory Profitably
by Steven W. Poser
Book Info
"I have always found Elliott Wave difficult to understand and more difficult to apply, but finally Steve Poser has written a book that makes sense and is born from real experience. This is not Elliott made easy but Elliott that makes sense. Hats off to Poser for creating the book the marketplace has needed for so long."
Bruce M. Kamich, CMT Adjunct Professor of Finance at Baruch College and Rutgers University


Technical Analysis Applications In The Global Currency Markets Second Edition
by Cornelius Luca
Book Info
A comprehensive guide to the foreign currency market showing beginners and experienced traders how to use technical analysis to cash in on opportunities. The enclosed CD-ROM contains a software software demonstration program to test the methods in the text and apply them to real trading.

Want something better then all these forex books? check out these forex videos !

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Update Flavor for Google

Something that many webmasters forget, is something that also sends your site to the road of down away rankings, whats this afterall? UPDATES, yep, google loves it, and its one of the over looked factors on high search engine rankings, the more you update and ping, the more the googglebot will spider your site, indexing new stuff and updating old, this will score you higher on the search engine.

Search engnines like new and freshy reliable content, but remember to update only when its logical, dont change the entire content of you website in a row! keep the theme, update daily, youll see the results faster then you think !

lotus flower pictures

The amazing lotus flower, this is a post about this amazing and mystical flower, rare and beatifull.
Here you will find pictures of this flower, a flower with history, and its such an amazing history the one of the lotus flower.
There is also a cool lotus video about the flower, and some picture gallery of the lotus flower pictures.

If youre a fan of the lotus flower, then this post is for you, if youre not, you'll soon be converted to the "lotus side", just continue on reading ;)

Source wiki pedia, for Lotus Flower , this is a bried but good and explanetory text:

"Nelumbo nucifera is known by a number of common names, including blue lotus, Indian lotus, sacred lotus, bean of India, and sacred water-lily. Botanically, Nelumbo nucifera (Gaertn.) may also be referred to by its former names, Nelumbium speciosum (Wild.) or Nymphaea nelumbo. This plant is an aquatic perennial, but if its seeds are preserved under favorable circumstances, they may remain viable for many years.

In Ancient Egypt, Nelumbo nucifera was unknown, being introduced only at the time of the Persian invasions, late in ancient Egyptian history. The ancient Egyptians venerated the blue water-lily, Nymphaea caerulea, which was sometimes known as the "blue lotus" or "sacred lotus".

N. nucifera was native to a huge area from modern Vietnam to Afghanistan, being spread widely as an ornamental and food plant. In 1787 it was first brought into horticulture in Western Europe as a stove-house water-lily under the patronage of Joseph Banks and can be seen in botanical garden collections where heating is provided. Today it is rare or extinct in the wild in Africa but widely naturalized in southern Asia and Australia, where it is commonly cultivated in water gardens. It is the National Flower of India and Vietnam."

Kingdom:	Plantae
Phylum:	Magnoliophyta
Class:	Magnoliopsida
Order:	Proteales
Family:	Nelumbonaceae
Genus:	Nelumbo
Species:	N. nucifera

Pictures , Photos and Videos of the Lotus Flower:

source






Flowerpictures
Lotus
Google lotus

Jewels with lotus flower theme