Questions About Forex Trading

What is Forex Trading ?
The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions.

The average daily trade in the global forex markets currently exceeds US$ 2 trillion. Retail traders (individuals) are a small fraction of this market and may only participate indirectly through brokers or banks

What is traded in Forex Trading ?
The answer is Currency. Currencies are always traded in pairs, such as EUR/USD, GBP/USD, etc. Why ? Because when you trade forex, you are exchanging 1 currency to another currency simultaneously (buying 1 currency and selling the other at the same instance). You will gain from differences of traded currency price rates.

When is the time to trade forex ?
Forex can be traded 24 hours a day and 5 days a week. The main trading centers are in London, New York, Tokyo, and Singapore, but banks throughout the world participate. The biggest foreign exchange trading centre is London, followed by New York and Tokyo. Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the US session and then back to the Asian session, excluding weekends

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Forex and Marketing

if you work smart and have the right knowledge to apply. You can get a lot of information from the net regarding currency projections and currency trading.

Using the long-term trend, learn resistance, support and timeless theory of breakouts following methodology.

This can help with your currency projections. The key is confirming any trading signal you execute with momentum indicators. A money management system should interpret the currency projections correctly to get the optimum result.

The system should be kept simple to interpret the currency projections and the market correctly. Having a lot of indicators to help with currency projection never helps, only breaks down the system.

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Online Forex Trading

Because trade report is so critical to a forex business, most online sites suggest a far-reaching accumulation of utilitarian information. The most appropriate sites will not usually post genuine time quotes, though will additionally give we a allude to locator which will assistance we find a specific banking pair. You will be meddlesome in meaningful about a critical banking pairs, though we might be trade with alternative pairs as well. Creating your own law allude to list is an choice which is additionally unequivocally great to have.

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Frugal Fatigue

Frugal Fatigue, Spurs Specialty Apparel Retailer’s

Customers are spending more at chains like Gap and Urban Outfitters. But can their recovery continue with joblessness still high?

By Admin:

It’s been a great spring so far for specialty apparel retailers, which are enjoying higher sales and wider margins, but April sales could temper investor enthusiasm.

Until the stock market took a giant step backward on May 4, shares of Gap (GPS) were up 34 percent from Feb. 1, the start of the retailers’ fiscal first quarter, with Abercrombie & Fitch (ANF) up 39 percent, J. Crew Group (JCG) up 23 percent, and Urban Outfitters (URBN) up 18 percent. American Eagle Outfitters (AEO) was the laggard with a gain of nearly 6 percent.

For all the worries about a jobless recovery and unemployment remaining above 9 percent for an extended period of time, consumer spending has rebounded more strongly than expected, with retail sales rising 1.6 percent in March. Marshal Cohen, a fashion industry analyst at research firm NPD Group in Port Washington, N.Y., attributes the bounce to something he calls “frugal fatigue.”

“[Consumers] are starting to get tired of having to only shop at the lowest-priced retail outlets, particularly in apparel, which arguably had the worst performance during the recession,” he says. They are now searching out retailers that offer good value. And consumers’ concept of value has expanded beyond just price to quality and durability, as well as comfort and service, he says. They are also doing their homework, researching products and prices online before walking into stores.
Nimble Stores

Specialty retailers are in the sweet spot right now because they’re more nimble than department stores, which have less control over the flow of merchandise into their stores due to their dependence on outside manufacturers, he says.

“It’s more about having the right product at the right time and at fair value,” he says. That’s easier for specialty retailers since they own and control their merchandise from start to finish.

Although specialty retailers are still offering promotions to attract customers, they discounted less of their merchandise in the first quarter than in prior quarters, say analysts. Their confidence stems from better management of inventory, consumers’ greater willingness to spend, and the stimulating effect that new products have had on customers, says Cohen. He expects first-quarter U.S. retail sales to be down 3 percent from a year earlier and believes the decline will narrow to 1.5 percent-to-2 percent in the second quarter.

Even Abercrombie, a high-end retailer long known for its resistance to markdowns, is learning some new tricks, including the meaning of twofers, says Laura Champine, an analyst at Cowen & Co. “They’re realizing with their Hollister and kids’ stores that they haven’t been competitive enough in the past,” she says.

Champine sees retailers continuing their momentum from March, whose sales strength she attributes to more than just an earlier Easter. While the timing of Easter will hurt April retail sales, she expects all the specialty retailers except Abercrombie to have positive same-store sales in April vs. a year earlier, with the group overall estimated to be up 2 percent. For the first quarter, she expects comparable-store sales to be at least 4 percent or 5 percent higher, while earnings will likely be up at least 10 percent across the group, mainly on easy comparisons with a year earlier.
Underlying Trends

But Richard Jaffe, an analyst at Stifel Nicolaus (SF), expects April retail sales to be much weaker than in March, when early warm weather motivated consumers to buy spring fashions. He predicts apparel retailers’ same-store sales in April will be unchanged from a year earlier, vs. a 10 percent jump in March. But he advises investors to look beyond the monthly data and focus instead on the underlying trend for the quarter. The real question, he says, should be whether consumers’ willingness to spend will drop off as the government’s economic stimulus programs wind down and if the employment picture doesn’t improve quickly enough.

In a May 3 research note, Wedbush Capital Markets said that despite its expectations for more muted sales in the second half of April, it believes lean inventory levels and easy comparisons bode well for higher earnings for all of the specialty retailers, driven by gross margin gains.

Analyst Samantha Panella at Raymond James (RJF) said in a May 4 note that she isn’t sure consumers’ hesitation to spend has completely passed, but she was encouraged by what she saw on recent visits to shopping malls. Retailers’ focus is shifting this year to revenue growth and market share gains from cost-cutting and inventory management in 2009, she said.

Operating margins for many of the specialty apparel companies have been at or near record highs due to sharp cuts in selling, general, and administrative costs, cheaper product sourcing, and historically cheap transportation and warehousing costs in recent years, Deutsche Bank Securities said in an Apr. 25 report. But these expenses are rising, especially sourcing, and will probably weigh on retailers’ profits as early as the second half of this year, which investors aren’t fully anticipating, the report warned.
Eye on Urban Outfitters

Deutsche Bank said it expects Urban Outfitters to lead the sector with compounded annual sales growth of 14.8 percent from 2009 to 2012, compared with 10 percent for Abercrombie and 1.7 percent for Gap. Deutsche Bank calls Urban Outfitters “one of the premier growth stories in all of retail,” with its Internet business ramping up across all brands, improving profit margins in its foreign business, and plans to expand into Asia and introduce new product lines such as bridal wear.

In a May 3 research note, Robert W. Baird & Co. projected a 4 percent increase in Abercrombie’s same-store sales for the first quarter, a stark improvement from a 13 percent decline in the fourth quarter. But Baird remains concerned about the company’s average revenue per retail unit, which fell 14 percent in March and is expected to be down substantially again in April. The firm maintained its neutral rating on the stock but expects Abercrombie to post a net loss of 20¢ a share for the first quarter, worse than the consensus forecast of a 13¢ loss, according to Bloomberg data.

There’s usually a lull in sales between April and July, when back-to-school buying returns. This year, Cowen’s Champine expects year-over-year sales growth to slow to the mid-single digits in May and June.

While consumer confidence appears robust, it has been hindered by lack of progress on unemployment, according to Tom Porcelli, U.S. market economist at RBC Capital Markets. The University of Michigan Consumer Sentiment index was 72 in April, vs. a cycle low of 55 and a longer-term average above 90. “We’ve clawed our way back, but there’s quite a lot of room for improvement on the confidence front,” he says. It’s hard for consumer confidence to strengthen on stock market gains alone, and if there’s a major correction in equity prices, Porcelli warns, that would drive confidence down quickly.
Appealing Merchandise

For Cohen, the real issue for specialty retailers is who will be progressive enough to bring in exciting merchandise to engage consumers at a deeper level. He thinks Aeropostale (ARO) has the best chance to do that, based on its price value and style.

Whichever company takes the lead, it will need to be family-friendly, he says, since parents are doing more of the buying now that kids have less disposable income than they once did. The retailers that come closest are Old Navy, owned by Gap, and American Eagle. By family-friendly, Cohen means no blasting music or sexy posters, and no sofas nestled in dark corners of the store.

“If Mom comes in and sees that, she says, ‘I’m not letting my kid come in here,’ ” says Cohen.

Admin is a reporter for Bloomberg Businessweek’s Finance channel.

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Forex Scalping Strategy

Forex Scalping Strategy

The term ‘Forex’, is basically an abbreviation of the words, ‘foreign exchange’. The Forex is a securities market where different currencies of nations is the subject of trade. Like any other market, Forex market works on the buy and sell basis and is more like a barter exchange system, where currency for currency becomes the medium through which the exchange takes place. The Forex market works on the simple principle that there is a difference between the prices of two currencies. For example if you want to sell off 50 USD (United States Dollars) in the Forex market you will get back about 37 Euros. The rate of conversion changes every day and in many cases, it also changes almost after every hour. In fact, Forex scalping strategy is based on this short term changes on the rate of currency exchange.

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Forex Articles

Best Articles Forex

Welcome to our site. The site is dedicated to the readers, who are interested in Forex market. Many articles about Forextrade will be as good for the beginner as for the experienced one. The articles are written by different authors, who share their works with you or simply provide information about Forex. We are sure that you’ll find everything you need on this topic. Our database covers about 10 thousand articles, casting light on numerous topics about Forex and trading process on the exchange. Visit our site as frequently as possible, because our article base is growing from time to time. If it is difficult to navigate through the site you, you can use the form to find the necessary article, just enter the word and click «search». We hope you’ll have success with what you have found and your problems will be solved. Stay with us and Forex! Good Luck!

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