Where can i find free forex trading strategy?
Friday, February 7, 2014
, Posted by Ryanita at 5:00 PM
mmohied
Answer
Hi Mohamed,
I guess the main questions is what kind of strategy do you want? Do you like technical analysis where you watch charts and patterns all day? This technique helps you make an educated guess which way the market may move.
Do you prefer the excitement of trading on news releases and based on history and predictions take a guess at which way the market will move?
Or do you prefer something like hedge trading where you can make money whichever way the market decides to move? Now I need to warn you, investing with a hedging strategy is not as exciting as technical trading or getting up early for news releases. Hedging trading is a long term investment strategy where you settle for a more conservative approach in generating consistent long term profits.
The problem is that with hedge investments you will have to find something else to occupy your time during the day:)
I'd be happy to send you some info on any of these three strategies.
May all your guesses be good ones.
Hi Mohamed,
I guess the main questions is what kind of strategy do you want? Do you like technical analysis where you watch charts and patterns all day? This technique helps you make an educated guess which way the market may move.
Do you prefer the excitement of trading on news releases and based on history and predictions take a guess at which way the market will move?
Or do you prefer something like hedge trading where you can make money whichever way the market decides to move? Now I need to warn you, investing with a hedging strategy is not as exciting as technical trading or getting up early for news releases. Hedging trading is a long term investment strategy where you settle for a more conservative approach in generating consistent long term profits.
The problem is that with hedge investments you will have to find something else to occupy your time during the day:)
I'd be happy to send you some info on any of these three strategies.
May all your guesses be good ones.
Why does virtually all economic data reveal the adverse impacts of raising the min. wage would be negligible?
EEEEEE!!!!
While the benefits would be overwhelming?
Answer
I'd love to have a look at the data as well.
A two bedroom apartment in my area rents for 1800/month. Minimum wage is $8.00/hour here in SoCal. At minimum wage, two people sharing an apartment would bring home around $250/week after taxes. For the month ($250 x 4.3) each person would bring home $1075/month. After rent, they each have $175 for all other expenses, including food. That doesn't really work, does it.
At $10/hour, each person would bring home an extra $60/week. $310 x 4.3 weeks = $1333/month, leaving $433/month for food and other expenses. $10/hour works!
sociald:
I have a client with an @forex.com email address. He warned me in 2007 to hunker down, buy a little gold and consider putting any cash holdings into Swiss Francs. Our economy was already slowing but he blamed it on maximum tension in the markets, not minimum wage increases. I don't think your correlation is causal.
By the way, the US dollar, from early 2008 to today has only gone down 8.9 pennies in value against the Swiss Franc. We're suffering no appreciable monetary inflation which speaks volumes about Bernanke's prowess as Fed Chairman. The inflation we are experiencing is market inflation due to a three-year-long drought in the Midwest and gasoline prices.
I'd love to have a look at the data as well.
A two bedroom apartment in my area rents for 1800/month. Minimum wage is $8.00/hour here in SoCal. At minimum wage, two people sharing an apartment would bring home around $250/week after taxes. For the month ($250 x 4.3) each person would bring home $1075/month. After rent, they each have $175 for all other expenses, including food. That doesn't really work, does it.
At $10/hour, each person would bring home an extra $60/week. $310 x 4.3 weeks = $1333/month, leaving $433/month for food and other expenses. $10/hour works!
sociald:
I have a client with an @forex.com email address. He warned me in 2007 to hunker down, buy a little gold and consider putting any cash holdings into Swiss Francs. Our economy was already slowing but he blamed it on maximum tension in the markets, not minimum wage increases. I don't think your correlation is causal.
By the way, the US dollar, from early 2008 to today has only gone down 8.9 pennies in value against the Swiss Franc. We're suffering no appreciable monetary inflation which speaks volumes about Bernanke's prowess as Fed Chairman. The inflation we are experiencing is market inflation due to a three-year-long drought in the Midwest and gasoline prices.
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