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The Miracle of Forex


My father, who owns a small parts store and garage for vintage British sports cars, called me up recently and droned on and on about how he is getting killed by the Euro. Confused as to how the Euro could possibly be affecting his small and seemingly insignificant business, I asked him how. "Because of the Euro!"

He went on to explain, after calming down of course, that the distributor that he orders his vintage parts from had increased their prices by roughly 30% due to the dollar's poor performance against the Euro. Apparently, it takes about $1.30 USD to buy the same merchandise that may be acquired with 1 Euro.

Essentially, the relationship between the dollar and the Euro is the same as we have always had with the Canadians-only we have become the Canadians in this bizarre scenario!

After getting off the phone with dad I decided to investigate this currency exchange question a lot further and came to one startling but very true realization-the stock market is for chumps! Foreign Exchange is where it's at.

The act of exchanging the legal tender of one country for that of another. People who play the currency exchange market (Forex) do precisely that! With the same amount of analysis or less in most cases, people anticipate the rate at which one currency will convert into another and Presto!-profits please!

So if one anticipates that the Euro will be stronger next week compared with the dollar and I convert $50,000 into Euros, then next week when the Euro does in fact rise I can convert those Euros back into more dollars than I initially invested only a few days earlier-or even the previous day! Why have your money tied up for extended periods of time praying for a good quarterly earnings report or being grateful for the peanuts thrown to you in the form of a dividend?

My father's misfortune illuminated a new world for me. Trading currencies is simply better than playing the stock market and more profitable. Just as with the stocks, you learn which indicators to track and the fundamental principles which propel the market in one direction or the other. There are of course programs and courses out there offered by people who have played this game for years and who are now sitting back in luxury while the rest of us have seen our retirement plans devastated by that volatile mistress known as the stock market. So I ordered a Forex course and learned what I had to in order to start cashing in on this phenomenon. I stopped waiting on earnings reports and praying for those stocks to go up and started making money daily on in the currency exchange market!

My actual startup costs were only $300. Of course I already had my computer and internet connection, but for me the possibility of working only an hour a day from home and earning an extra few hundred dollars a week was amazing.

The course I ordered was Peter Bain's Commercial Currency Trading Secrets. I just liked the idea of having a Successful Trader at my side at all times. And Peter's course allowed me to do that through his DVD's.

This for me is a great way to earn extra income. I might even quit my job one day soon and do this full time. Learn more about this extremely profitable business for yourself. Just go to: http://tinyurl.com/8udgt and check it out for yourself.

Paul Sanford
http://1forex.blogspot.com/


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Fri. April / 27 / 2018

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Reuters

Currency trading volumes hit record highs in first quarter
Reuters
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Bitcoin Exchange Guide

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The National

Digital currency trading tumbles by half - The National
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The Koz Times

The results of currency trading: the dollar and the Euro fell
The Koz Times
The results of currency trading: the dollar and the Euro fell. magictr | April 26, 2018 | Business | No Comments. Итоги валютных торгов: курсы доллара и евро понизились. The Bank of Israel reports that on Thursday, April 26, currency trading resulted ...



Bloomberg

Former FX Trader Says Boss Offered `Bribe' to Cover Up Error ...
Bloomberg
A former Royal Bank of Canada currency trader sued the lender for 13 million pounds ($18 million) for unfair dismissal, alleging that a senior manager had offered him a "bribe" to cover up a trading error.
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Former RBC currency trader sues bank for unfair dismissal, alleges ...Financial Post

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Marijuana News Online

The Evolution of the Alternative Currency Trading in Bitcoin
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Bitcoin is the world's first decentralized cryptocurrency that has been widely accepted. It is used as an alternative currency for exchanging goods and for forex trading. Before Bitcoin was Created. There were several attempts to create an anonymous ...



RadioFarda

Sudden Rise Of Dollar In Iran Stops Currency Trading On Free Market
RadioFarda
Iran's currency took another big hit, falling between 6-9 percent on Sunday, extending a slide to a new record low on continued concerns over a return of crippling sanctions if U.S. President Donald Trump carries out his threat to exit a nuclear deal ...

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HiBusiness (blog)

Virtual Currency Trading Code Of Conduct Enforced On Civil Servants By South Korean Prime Minister
HiBusiness (blog)
Prime Minister Lee Nak-Yeon of South Korea has commanded the preparation and execution of a new code of conduct which particularly tackles government officials virtual currency supervision-related issues. As a result, there has been a current case of ...



HiBusiness (blog)

New Digital Currency Trading Options For Indians As Regulations Intensify
HiBusiness (blog)
New Digital Currency Trading Options For Indians As Regulations Intensify. By Mam Sait Nyan April 25, 2018 Digital Currency No Comments. Abstract. In recent times, digital currency regulation has intensified in Indian, making it challenging to trade in ...



HiBusiness (blog)

South Korea Prevention Method Against Insider Virtual Currency Trading
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Presently, in South Korea, there is a lack of any legal framework against government authorities insider trading with relevant information regarding virtual currency law. Furthermore, an employee of the South Korea Financial Supervisory Service (FSS ...


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