FAP Turbo

Make Over 90% Winning Trades Now!

Wednesday, September 2, 2009

Forex Buying and Selling and Wall Street - A Brief Account

By Steve Lopez

A large number of commercial companies are actively involved in the Forex market. About twenty-five percent of large corporations hedge against currency fluctuations in this manner.

Consider a large company with an international reach when the dollar is strong within the reporting period. You'll find that information within the pages of a Wall Street Journal subscription. Foreign revenues that are large could lead to negative results without market hedging strategies.

It has been estimated that 5-10% of the activity on the Forex market is done because of business hedging and government involvement. Governments and businesses need to convert one currency into another to buy and sell goods and services. The other 90-95% is pure speculation.

High profile players love the Forex market since they don't get locked out due to 24 hour trading. The huge liquidity allows for easy inexpensive entry and exit points.

Currencies are traded 24 hours/day. Since every country has different times the hours when the currencies are most liquid coincide with their daylight hours. The heaviest activity occurs in New York from Wall Street.

Make money in Forex is made by having a formula that predicts price movements of a currency pair. Have an exit strategy that is effective can capture a profit often a few times a day.

Day traders move in and out of trades several times a day capturing a portion of the profit. Large Wall Street companies employ thousands of professional traders that take advantage of daily fluctuations.

There are many financial news services to choose from. The Wall Street Journal's reputation for acute accurate market coverage is legendary. In order to stay abreast of the constantly changing financial landscape, it pays to subscribe to the Wall Street Journal. - 23212

About the Author:

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home