Monday, June 21, 2010

Where is the close?

For stocks, the closing price is generally considered the single most important price point for any trading day. It’s considered so important, in fact, that some charting services offer “close only” charts, where rather than a price bar or candlestick, each day is represented by a dot on the chart, signifying the final point in that day where a buyer bought and a seller sold that stock.

Note that, in this electronic and connected modern trading environment, shares do change hands after the close. However, such after-hours trading is logged to the next trading day, keeping the close pristine.
In market psychology, the close sums up what traders are currently thinking about a particular stock and its underlying company. Traders have observed this stock during the day’s ups and downs, noting the amount of selling it suffered to force it to its low and how much buying pressure was required to drive it to its high.
As the end of the trading day approaches, these traders must make a decision: do they buy this stock or decline the opportunity? If they already hold this stock, do they keep it overnight, in expectation of further buying (or selling) pressure driving it higher (or lower)? This decision is based entirely on the anticipation of additional profits, and if these traders don’t foresee that scenario playing out, then they will not purchase (or sell) the stock, nor hold it overnight.
In short, only if these traders are convinced the stock will go higher (lower) tomorrow, will they drive the price ever higher (lower) as the close approaches today.
For this reason, traders assign great significance to the high (low) occurring at the close, and even more significance if that happens over several days. Although such a surge is likely to be followed by profit-taking from those traders who entered the movement early, it remains a clearly bullish (bearish) signal.
When last analysed, Macarthur Coal Limited (MCC) had surged to a new 52-week high at 17.17, touched 12 April, on a buyout offer from Peabody Energy. The bid was pared lower following the announcement of the new resources profit tax and the stock’s price tumbled back to touch its bullish trendline, as shown on the chart, below:

Cerita Mesum Guru Cabul Main Cinta 1

This is the story of George, an Internet Guru who fall in love with Cinta, a sweet Manado girl. George and Cinta is a childhood friend. Their parents are good friends too, so both George and Cinta are well-known by their parents.

George marry Cinta and had 2 kids. His online job allows him to work from home, therefore has many time to spend with his wife and kids. His earnings as Internet Consultant is more than enough for their everyday life.

But as the internet advancing in a fast pace, George couldn't keep up. More and more competitors comes up everyday. George's financial started to suffer at the lowest level. His wife advised him to find an offline job, but George insists that he can withstand the online pressure.

One day, George comes upon an article about Foreign Currency Trading. At first, he didn't interested on the topic, but he keeps reading. That changed George and his family life.

George signed up for a demo account and learn how the system goes. As a tech savvy, it didn't took long for him to understand the whole concept of Forex Trading. He set up real account and invest a small number of money. The small money quickly turned into a pile. George is happy and become full time Trader.

Now, George had been one of the most successful Forex Trader in the market.

Cerita Mesum Guru Cabul Main Cinta

This is the story of George, an Internet Guru who fall in love with Cinta, a sweet Manado girl. George and Cinta is a childhood friend. Their parents are good friends too, so both George and Cinta are well-known by their parents.

George marry Cinta and had 2 kids. His online job allows him to work from home, therefore has many time to spend with his wife and kids. His earnings as Internet Consultant is more than enough for their everyday life.

But as the internet advancing in a fast pace, George couldn't keep up. More and more competitors comes up everyday. George's financial started to suffer at the lowest level. His wife advised him to find an offline job, but George insists that he can withstand the online pressure.

One day, George comes upon an article about Foreign Currency Trading. At first, he didn't interested on the topic, but he keeps reading. That changed George and his family life.

George signed up for a demo account and learn how the system goes. As a tech savvy, it didn't took long for him to understand the whole concept of Forex Trading. He set up real account and invest a small number of money. The small money quickly turned into a pile. George is happy and become full time Trader.

Now, George had been one of the most successful Forex Trader in the market.

Cerita Mesum Guru Cabul Main Cinta

This is the story of George, an Internet Guru who fall in love with Cinta, a sweet Manado girl. George and Cinta is a childhood friend. Their parents are good friends too, so both George and Cinta are well-known by their parents.

George marry Cinta and had 2 kids. His online job allows him to work from home, therefore has many time to spend with his wife and kids. His earnings as Internet Consultant is more than enough for their everyday life.

But as the internet advancing in a fast pace, George couldn't keep up. More and more competitors comes up everyday. George's financial started to suffer at the lowest level. His wife advised him to find an offline job, but George insists that he can withstand the online pressure.

One day, George comes upon an article about Foreign Currency Trading. At first, he didn't interested on the topic, but he keeps reading. That changed George and his family life.

George signed up for a demo account and learn how the system goes. As a tech savvy, it didn't took long for him to understand the whole concept of Forex Trading. He set up real account and invest a small number of money. The small money quickly turned into a pile. George is happy and become full time Trader.

Now, George had been one of the most successful Forex Trader in the market.

Forex Demo Account: Risk Free Tool to Experiment

Forex demo account can be considered as a risk-free tool which can be used by anyone who have the willing of make money online from home via forex trading. Of course, it need a little experience for it. It is said to be risk free because it doesn't involved real money. You don't have to pay any real cash to use it. There are many forex companies who offers amateur forex traders with free account. Their goal is to attract the potential forex traders who intends to open a real account in the future.

But you have to ask yourself first : should I use a forex demo account or a real mini account to get familiar with forex trading?

First of all I need to say that features and use of a forex trading platform is the same for both forex demo account and a mini forex account. You can see the same spreads, use the same leverage ratio and follow the currencies with both of them. In spite of these similarities, there are also some differences between them which you should take into consideration before starting trading.

A free forex demo account, as it is named, a free service of forex companies to let the new customers step on the forex market. You can use an amount of fake money, which you can define, with this account. Since it is not your real money, you feel more comfortable and relaxed and you may do some operations which can be too risky in real accounts. Though, there is no risk for you with this account. You can learn the fundamentals of forex trading with a demo account but it gives you a big self confidence since you behave comfortably. And this is the bad side of a forex demo account. The success in a demo account will affect your manner while using a real account and this may lead big money losses that you can’t stand.

Mini forex account, which allows you to learn about forex trading, uses real money but a small amount of course. Regarding that you are using your own money even it is not too much, you do your operations and trade very carefully. A mini forex account makes you feel the stress and pressure of real forex market and open positions under these circumstances. So, it lets you live a real forex experience before going on with bigger amounts of money.

Consequently, both forex demo account and mini forex account are good ways to learn about forex trading. The matter is how you want to learn. Do you prefer learning by acting bravely and using fake money with a demo account or by operating carefully and also losing or earning money with a mini forex account?

The Basics of Foreign Currency Trading

Foreign Currency Trading is the soul of Forex Market. The Forex (foreign exchange) Market works on demand and supply model. This is easily understandable that if the supply of one currency is less and the demand is high, then the currency is going to enjoy a higher price value in the forex trading market. Just as simple as the basic economy theory.

But one has to remember carefully that currency trading business is far different from the other home-based small business, even though it's still part of Day Trading business. Many people who is not familiar with currency trading might only heard that it's a quick way of getting rich, compared to other trading business. Well, you might be disappointed, but the answer is not.

The only advantage when you get into currency trading business is you don't need any business plan. All you have to do is to pay a close attention to the currency fluctuation. Even easier, there are lot of software there to help you watch the currency fluctuation, and gives you a pattern.

In short, Foreign Currency Trading is a complicated but easy to understand. Once you get into the business, you will quickly understand how the money flows.

Cms Forex Strategies For Quick Generate

The current CMS forex market possibly the biggest fiscal market space inside community that opens 24 hours a day. With CMS forex, you could find giant transactions in getting and selling deals for millions of dollars each day. The trading is accomplished between the several leading financial hubs located throughout the globe at a tremendous speed. There is certainly quite high potential of earning standard income on this current market. Only you should have the know-how with the current market and discover the secret strategies. CMS Forex offers you all you need to make funds on this market place

There are various fluctuations within the currency values continuously like waves. The frequency of these rapid ups and downs may possibly turn you pretty much mad and lead to lots of be concerned. It won’t be a surprise, if you are entangled in it like from the web of the spider watching millions of transactions using place daily. Your aim should be to gain profits in forex marketplace and not get perplexed with it. Therefore, you need to equip yourself with suitable information as well as the resources essential for clearly understanding the moves on the industry to avail the opportunities of purchasing and offering in making earnings.

The greatest way is usually to utilize the support provided by CMS Forex. They will furnish you with all relevant data, material and support on forex trading. You’ll be able to use the details just before concluding to perform any forex trading. Though it can be essential to perform perpetual monitoring of marketplace trends, the psychological factors of forex trading can also be not underrated at the same time. You get an benefit with CMS Forex on this regard. They’ve a successful unparalleled approach that merges the study and psychological analysis for forex trading. That is a magic formula technique for forex trading offered by CMS forex for getting radical fast rewards.

The forex current market is the most profitable location in making cash. As mentioned earlier, there are astronomical volume of cash transactions having area in foreign exchange industry all the time for six days in the week. You possibly can also share a smaller amount of earnings from this appropriate away. What is that you simply have to wait for? Yes, you need to have the ideas and tactics. CMS Forex will supply you the many mysterious solutions. You possibly can easily pick up the true means to produce dollars employing these top secret trading methods and start building dollars promptly. When you study to manage forex trading form CMS Forex, it can alter your destiny as you are able to make huge income.

CMS Forex presents you the prospective approaches and schemes to facilitate you to generate gains inside the fluctuating forex industry irrespective of the way it moves. You might realize the procedures to capitalize on forex market place and all its obscure functions, and often turn out profit. These approaches will surely boost up your earnings. There is a belief with many traders that effective way to generate money inside forex current market is making use of automated resources. Cms Forex has proved that this is not the only solution behind success in forex trading. Rather, it is much more important to get over the psychological factors as being a productive strategy to create substantial gains.

You may well discover that only a couple of individuals are earning large amount of profits often in forex trade. Why can’t you be one of them? You can take the help of CMS Forex and discover the profitable forex trading approaches and are trained being a expert. It is possible to also join the list of top traders generating substantial income. It truly is also possible to understand Cms Forex strategies on the web. They offer you you all modern revolutionary secret trading methods, which use a mixture of both psychological and technological factors which could yield fast outcomes.