Forex is a 24 hour global market

Trading occurs 24 hours a day in the FOREX market. Trading world currencies is unlike stocks, bonds and commodities which are confined to a specific trading time and market. Investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night.

FOREX offers huge buying power with 200:1 leverage. For example, with $10,000 cash in a standard account that allows 1:100 leverage, you can control up to $1,000,000 in notional value. The margin you put down on a trade can control a position up to 200 times greater in size.


The currency markets can act as a safe haven during uncertain times. It doesn’t matter whether the stock market is sinking or soaring, whether real estate is booming or busting, whether interest rates are flying or falling, and regardless of the direction of bonds or commodities, basically: No matter what's happening, opportunities abound in the currency market.

Stocks & bonds

KARACHI : The benchmark KSE-100 index lost 105.00 points to close at 7,067.85 points level with thin volume due to investors' concerns over the continuous outflow by foreign investors and absence of leverage products, analysts said. The market opened on a positive note and the index hit 7,208.98 points intra-day high level.

33.12 points decline in LSE index

LAHORE (May 20, 2009): Equities registered losses across the board on Lahore Stock Exchange on Tuesday amid reduced trading turnover on account of negative news regarding GDP growth. The LSE-25 index declined 33.12 points from 2119.15 of Monday to 2086.03, while transaction volume reduced to 9.086 million shares as compared to Monday's 13.276 million shares.


Losers outnumber gainers at ISE

ISLAMABAD (May 20, 2009): Losers outnumber gainers at Islamabad Stock Exchange (ISE) where major players and small investors adopted cautious approach to avoid heavy losses amid increase in index. ISE Ten Index showed a decrease of 26.43 points, as the Index moved from 1,637.25 to 1,610.82 points.



BRIndex30 down 137.53 points

KARACHI (May 20, 2009): On Tuesday, the BRIndex30 opened in the positive zone, at 6,834.94, but closed at 6,661.23 with a net negative change of -137.53 points and percentage change of -2.02. It experienced intra-day high of 6,844.22 and low of 6,659.32. The volume amounted to 57,776,000 shares, which was 76.96 percent of the total market and 90.98 percent of KSE-100 index.

Germany Forex

The Deutsche Mark (DEM, DM) or German mark was the official currency of West Germany and, from 1990 until the adoption of the euro, all of unified Germany. It was first issued under Allied occupation in 1948 replacing the Reichsmark, and served as the Federal Republic of Germany's official currency from its founding the following year until 1999, when the Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins in early 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the other eurozone nations, where the euro and legacy currency circulated side by side for up to two months. However, DM coins and banknotes continued to be accepted as valid forms of payment in Germany until 28 February 2002.
The Deutsche Bundesbank has guaranteed that all DM in cash form may be changed into euros indefinitely, and one may do so at any branch of the Bundesbank and banks worldwide. From time to time, some merchants hold promotions where Deutsche Marks are accepted as payment.
On 31 December 1998, the European Central Bank (ECB) fixed the irrevocable exchange rate, effective 1 January 1999, for DM to euro as DM 1.95583 = one euro.[1]
One Deutsche Mark was divided into 100 Pfennig.

France Forex

French RevolutionThe decimal "franc" was established as the national currency by the French Revolutionary Convention in 1795 as a decimal unit (1 franc = 10 decimes = 100 centimes) of 4.5 g of fine silver. This was slightly less than the livre of 4.505 g but the franc was set in 1796 at 1.0125 livres (1 livre, 3 deniers), reflecting in part the past minting of sub-standard coins.
However the circulation of this metallic currency declined during the Republic that exchanged the old gold and silver reserves (needed to finance wars and try to solve the shortage of food supplies by importing them) against printed assignats, initially designed as bonds based on the value of the confiscated goods of churches, but later declared as legal tendercurrency. Too many assignats were put in circulation (by largely overevaluating the value of the "national properties"), and the silver franc rarefied to pay foreign providers, and the unpaid governmental national debt caused decreasing trust in this secondary unit, shortage of silver supplies for producing metallized francs, hyperinflation, even more food riots in the population, and severe political instability and termination of the First French Republic (the political fall of the French Convention, the economic failure of the Directoire that replaced it, then a coup d'état that lead to the Consulate during which only the first Consul progressively gained all the legislative powers against the other unstable and discredited consultative or legislative institutions).

American Stock Exchange

NYSE Alternext U.S., formerly known as the American Stock Exchange (AMEX) is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953 it was known as the New York Curb Exchange. On January 17, 2008 NYSE Euronext announced it would acquire the American Stock Exchange for $260 million in stock. On October 1, 2008, NYSE Euronext completed acquisition of the American Stock Exchange. Before the closing of the acquisition, NYSE Euronext announced that the Exchange will be integrated with Alternext European small-cap exchange and renamed NYSE Alternext U.S.

Qualities Of a Good Broker

It is very important to select a good Broker. Basically their are two types of broker:

1.Full-service broker

2.The discount broker

* real commission rates should vary between $0 to $40 per trade for an online broker and up to $100
* Beware of extra terms and secret fees
* It' should be easier to stick with the broker you have come to know and trust.
* Some online and full-service brokers pay interest in the range of 3-4%.
* Do not require high minimum balances required to open an account
* Speed and reliability of online trading
* broker can service your needs as you grow.

Close Your Eyes

Okay, so it doesn't look like anything at all is happening as of yet. Personally, I'm scalping the EURUSD on the 1 min chart this evening.It seems that nobody is willing to assume that the house will pass the bailout bill this time around. So, once again, we find ourselves in a state of financial stasis. In fact, given the rise that occurred on the original announcement, it may just be that we are priced in already.If so, that means there is really only a downside, which we'd see on failure.Who knows?Cover your assets! ;)