FOREX or money, money, money :]

The foreign exchange market (forex, FX, or currency market) is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. The foreign exchange market determines the relative values of different currencies.

The primary purpose of the foreign exchange is to assist international trade and investment, by allowing businesses to convert one currency to another currency. For example, it permits a US business to import British goods and pay Pound Sterling, even though the business' income is in US dollars. It also supports direct speculation in the value of currencies, and the carry trade, speculation on the change in interest rates in two currencies.

In a typical foreign exchange transaction, a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market began forming during the 1970s after three decades of government restrictions on foreign exchange transactions (the Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states after World War II), when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.

The foreign exchange market is unique because of

• its huge trading volume representing the largest asset class in the world leading to high liquidity;
• its geographical dispersion;
• its continuous operation: 24 hours a day except weekends, i.e. trading from 20:15 GMT on Sunday until 22:00 GMT Friday;
• the variety of factors that affect exchange rates;
• the low margins of relative profit compared with other markets of fixed income; and
• the use of leverage to enhance profit and loss margins and with respect to account size.

If you want to try forex go to :
http://www.cmsfx.com/en/my-account/open-free-practice-account/
and open your free practice forex account.

to your e-mail you will receive your ID and password.
Then download and install software to your computer.

Log in to VT trader and check tutorial.
You have automaticly open few charts, but for start you need only EUR/USD chart.
Close all charts, undock and maximize eur/usd chart, set time interval to 30 minutes.

next step...
RED COLOR / you can buy or sale
GREEN C./ you can apply some INDICATOR
BLUE C./ you can apply some TRADING SYSTEM

Trading systems get you signals when you have to buy or sale...
Indicators get you only informations abou trend and what happends. Only you with indicators help decided if you will buy or sale.
You can trade by technical analisys or fundamental analisys.
Tech. a . is based on that, what's happend on market.
Fund. a. id based on that, what's happend on world.

RULES OF FOREX TRADING!!!!!!!!!


/ that isn't CASINO...it's real business
/ never starts with real account with real money, practice by fictive acoount
/still go with trend
/ use stops
/never risk more than 5% account money
/ write your rules to paper and use that
/ cut your looses and keep your profits run
/ use simple metodes for trading


I wish you goood luck ":]
J.B.