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Monday 19 October 2009

Forex Market to help you make money online fast

Hiya all you guys and gals out there, Sam D. Mann Here!

My friends, are you all rested up from the weekend? I suppose you've been watching football, cricket, tennis, (or dare I say it - "eyeing up beauties of the opposite sex"!! LOL) and eating enough pizzas... and drinking enough beer... to satisfy a battalion of the Scots Guards?

Well my Dears, after living all that life of decadence... LOL, I assume you are ready to hear the truth about a marketer's life!

It's time to light up the fire in your belly and initiate a colossal thrust for the coming weeks!

Yeah, it's work time. In case you hadn't noticed, we've just passed the midway point for October, and so, for you amazing people reading this note, it's time for you to plan a S-U-P-E-R Killer Job!

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NOW is the time to create some serious ads - Yeah... This is the time of the year when it's really worth all the effort you can put in.

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Now then, here's a good article for you to read. Submitted by one of my many Guest Authors...

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The Basics of the Forex Market: It All Starts Here

by Whitaker Perry

The Foreign Exchange Market or Forex is the preferred trading amongst investors because trades can be easily liquidated or turned back into cash fast.

What is the difference between the Foreign Market and the Stock Market you ask? If you are trading within the stock market, you are trading within your own country.

When you are trade in the forex market, you trading with many other countries and currencies. In other words, FX market trades are global. You can also trade in the FX market twenty-four hours a day, while the stock market has set business hours.

Trading in the stock market limits you to your own country and currency, whereas forex trades are global, meaning selling and trading with many other countries and currencies.

The forex market trader must be disciplined as the US stock market trader, so that they can read the market signals that will help them determine when to enter and exit the market.

These market signals or patterns and trends, discipline the trader to ride the long term distance versus short term, which will determine profit or loss.

Market signals come from charts that have a mathematical formula tied to the prices and times within the trades.

Timing is everything in the forex market and the trader must trade with patience, whether it is traded short term or long term.

The Forex trader must not let their emotions ride over the decision to stay or trade. As they say timing is everything and patience is a virtue and holds true in the forex market.

If you would like to trade in the foreign exchange market, you will want to study these technical indicators yourself to enable you to make the best trading decision and the most profit.

About the Author:


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Hi, it's Sam D. Mann here.

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