Bila Anda ingin mencairkan e-gold ke dalam bentuk mata uang Rupiah, yang perlu Anda lakukan adalah menjual kembali e-gold Anda ke merchant e-gold di Indonesia contohnya indochanger. Dalam transaksi tersebut Anda akan mentransfer e-gold ke rekening merchant dan Anda akan menerima uang dalam bentuk Rupiah (biasanya melalui ATM atau transfer bank, disarankan Bank Central Asia). Untuk mengisi e-gold, yang Anda lakukan adalah langkah sebaliknya, Anda setorkan Rupiah ke merchant, dan merchant akan mengisi account e-gold Anda. Silakan buka account e-gold exchange Anda di indochanger.Demikian uraian singkat Step by Step Forex Trading (Valas Trading) di Marketiva. Selamat mencoba, Good Luck.Jabat EratPurwoko
Step by Step Cara Trading di Marketiva
Setelah mendaftar di Marketiva dan memiliki account tentu rekan-rekan semua sedikit kebingungan memulai trading forex tersebut. Itu bisa dimaklumi, karena saya juga dulu mengalami hal yang sama. Makanya saya terinspirasi untuk mempublishkan tulisan ini.Berikut adalah langkah-langkah melakukan trading:
Membuka account Marketiva (Gratis dan dapat cash reward 5$) klik di sini. Setelah masuk ke situs marketiva, pilih menu [Open An Account], kemudian isi data username, password, nama depan, nama belakang, alamat, email, telepon (semua yang dikasih tanda merah di sampingnya wajib di isi) . Mohon mengisi data-data yang sebenarnya, karena nanti kalau mau melakukan penarikan dana, akan diminta verifikasi dengan mengirimkan scan KTP dan Data Rekening Bank untuk mencegah money loundring.
Setelah anda punya username dan password, langkah untuk menjadi seorang trader forex tinggal selangkah lagi. Download program aplikasi tradingnya, StreamSter. Klik di sini untuk mendownload program tersebut. Simpan di komputer anda, kemudian install. >> Jika komputer anda menggunakan Windows 98, maka anda perlu menginstal patch untuk windows 98 tersebut, caranya double klik Stream Ster yang sudah didownload, kemudian akan muncul pemberitahuan bahwa untuk menginstal Streamster syaratnya komputer tersebut harus menggunakan Internet Explorer versi 5.01 ke atas dan Microsoft Active Client juga sudah diinstall di komputer, klik link untuk mendownload Microsoft Active Client tersebut, download, lalu install di komputer anda. Setelah itu baru install kembali Streamster di komputer anda <<
Jalankan program Marketiva yang terdapat pada Start Menu atau Desktop komputer anda. Maka akan muncul form untuk mengisikan username dan password. Isi username dan password, kemudian klik Sign In.
Tunggu beberapa saat, untuk proses loading. Setelah selesai maka akan muncul platform trading yang terbagi menjadi 4 bagian layar. Kiri atas adalah tabel pergerakan harga, kanan atas grafik pergerakan harga, kiri bawah untuk menampilkan portfolio (kondisi account) berapa saldo yang terdapat pada account, kanan bawah untuk posisi yang dibuka.
Untuk melakukan Buy/Sell suatu mata uang asing, klik pada tabel mata uang tersebut. Maka akan muncul tab dialog untuk proses transaksi.
Robah data yang ada di situ sesuai dengan keinginan, misalnya untuk membuka posisi buy EUR/USD sebanyak 1$ dengan uang beneran, robah isi kolom Desk: menjadi Live Trading, Quantity: 100 >> (100 = 1$, 1000 = 10$, 10000 = 100$), pastikan isi dari kolom Buy/Sell adalah Buy. Untuk yang lainnya tidak perlu dirobah, kecuali kolom Exit TargetExit Stop-Loss jika anda ingin membatasi kerugian yang mungkin timbul dan mentukan berapa point keuntungan yang ingin dicapai. Untuk merubah data Exit Stop-Loss dan Exit Target, klik didalam kolom yang kosong tersebut kemudian tekan panah atas/bawah sesuai dengan kebutuhan. Setelah semua beres, klik OK.
Thursday, May 28, 2009
The Bretton Woods Agreement
In 1967, a Chicago bank refused a college professor by the name of Milton Friedman a loan in pound sterling because he had intended to use the funds to short the British currency. Friedman, ho had perceived sterling to be priced too high against the dollar, wanted to sell the currency, then later buy it back to repay the bank after the currency declined, thus pocketing a quick profit. The bank's refusal to grant the loan was due to the Bretton Woods Agreement, established twenty years earlier, which fixed national currencies against the dollar, and set the dollar at a rate of $35 per ounce of gold.
M. Friedman
The Bretton Woods Agreement, set up in 1944, aimed at installing international monetary stability by preventing money from fleeing across nations, and restricting speculation in the world currencies Prior to the Agreement, the gold exchange standard--prevailing between 1876 and World War I--dominated the international economic system. Under the gold. exchange, currencies gained a new phase of stability as they were backed by the price of gold. It abolished the age-old practice used by kings and rulers of arbitrarily debasing money and triggering inflation.
The Bretton Woods Agreement
But the gold exchange standard didn't lack faults. As an economy strengthened, it would import heavily from abroad until it ran down its gold reserves required to back its money. As a result, money supply would shrink, interest rates rose and economic activity slowed to the extent of recession. Ultimately, prices of goods had hit bottom, appearing attractive to other nations, which would rush into buying sprees that injected the economy with gold until it increased its money supply, and drive down interest rates and recreate wealth into the economy. Such boom-bust patterns prevailed throughout the gold standard until the outbreak of World War I interrupted trade flows and the free movement of gold.
After the Wars, the Bretton Woods Agreement was founded, where participating countries agreed to try and maintain the value of their currency with a narrow margin against the dollar and a corresponding rate of gold as needed. Countries were prohibited from devaluing their currencies to their trade advantage and were only allowed to do so for devaluations of less than 10%. Into the 1950s, the ever-expanding volume of international trade led to massive movements of capital generated by post-war construction. That destabilized foreign exchange rates as set up in Bretton Woods.
The Agreement was finally abandoned in 1971, and the US dollar would no longer be convertible into gold. By 1973, currencies of major industrialized nations became more freely floating, controlled mainly by the forces of supply and demand which acted in the foreign exchange market. Prices were floated daily, with volumes, speed and price volatility all increasing throughout the 1970s, giving rise to new financial instruments, market deregulation and trade liberalization.
In the 1980s, cross-border capital movements accelerated with the advent of computers and technology, extending market continuum through Asian, European and American time zones. Transactions in foreign exchange rocketed from about $70 billion a day in the 1980s, to more than $1.5 trillion a day two decades later.
M. Friedman
The Bretton Woods Agreement, set up in 1944, aimed at installing international monetary stability by preventing money from fleeing across nations, and restricting speculation in the world currencies Prior to the Agreement, the gold exchange standard--prevailing between 1876 and World War I--dominated the international economic system. Under the gold. exchange, currencies gained a new phase of stability as they were backed by the price of gold. It abolished the age-old practice used by kings and rulers of arbitrarily debasing money and triggering inflation.
The Bretton Woods Agreement
But the gold exchange standard didn't lack faults. As an economy strengthened, it would import heavily from abroad until it ran down its gold reserves required to back its money. As a result, money supply would shrink, interest rates rose and economic activity slowed to the extent of recession. Ultimately, prices of goods had hit bottom, appearing attractive to other nations, which would rush into buying sprees that injected the economy with gold until it increased its money supply, and drive down interest rates and recreate wealth into the economy. Such boom-bust patterns prevailed throughout the gold standard until the outbreak of World War I interrupted trade flows and the free movement of gold.
After the Wars, the Bretton Woods Agreement was founded, where participating countries agreed to try and maintain the value of their currency with a narrow margin against the dollar and a corresponding rate of gold as needed. Countries were prohibited from devaluing their currencies to their trade advantage and were only allowed to do so for devaluations of less than 10%. Into the 1950s, the ever-expanding volume of international trade led to massive movements of capital generated by post-war construction. That destabilized foreign exchange rates as set up in Bretton Woods.
The Agreement was finally abandoned in 1971, and the US dollar would no longer be convertible into gold. By 1973, currencies of major industrialized nations became more freely floating, controlled mainly by the forces of supply and demand which acted in the foreign exchange market. Prices were floated daily, with volumes, speed and price volatility all increasing throughout the 1970s, giving rise to new financial instruments, market deregulation and trade liberalization.
In the 1980s, cross-border capital movements accelerated with the advent of computers and technology, extending market continuum through Asian, European and American time zones. Transactions in foreign exchange rocketed from about $70 billion a day in the 1980s, to more than $1.5 trillion a day two decades later.
TARP :$365 million to 23 banks.
The Treasury Department offered up details Tuesday for 23 regional banks that received a combined $365 million in the latest round of government bailout funding.
The funds were distributed on Feb. 20 to companies in 16 states through the Troubled Asset Relief Program, a $700 billion bank rescue enacted last October under the Bush administration that was intended to encourage lending.
The Treasury Department received the first half of those funds ($350 billion)immediately in October.
The Obama administration said it was committed to repairing the banking sector in January, when it received the Congressional OK for the remaining $350 billion. Earlier this month, Treasury Secretary Tim Geithner outlined the administration's "Financial Stability Plan," the new name for TARP, and said the government could commit up to $1 trillion to promote consumer and business lending.
So far Treasury has injected a total of $196.4 billion into 442 regional institutions in 48 states and Puerto Rico.
The local banks that received the most money in the current round of funding include First Merchant's Corp. of Indiana at $116 million, BancPlus Corp. of Mississippi at $48 million, and Royal Bancshares of Pennsylvania, which received $30.4 million.
Other payouts ranged from $22 million for Central Community of Texas to $2 million for Lafayette Bancorp in Mississippi
The funds were distributed on Feb. 20 to companies in 16 states through the Troubled Asset Relief Program, a $700 billion bank rescue enacted last October under the Bush administration that was intended to encourage lending.
The Treasury Department received the first half of those funds ($350 billion)immediately in October.
The Obama administration said it was committed to repairing the banking sector in January, when it received the Congressional OK for the remaining $350 billion. Earlier this month, Treasury Secretary Tim Geithner outlined the administration's "Financial Stability Plan," the new name for TARP, and said the government could commit up to $1 trillion to promote consumer and business lending.
So far Treasury has injected a total of $196.4 billion into 442 regional institutions in 48 states and Puerto Rico.
The local banks that received the most money in the current round of funding include First Merchant's Corp. of Indiana at $116 million, BancPlus Corp. of Mississippi at $48 million, and Royal Bancshares of Pennsylvania, which received $30.4 million.
Other payouts ranged from $22 million for Central Community of Texas to $2 million for Lafayette Bancorp in Mississippi
FOREX SECRETS
For trading successfully and making money in a boundary less international forex market you need various types of resources at your command. It is a complex market where the conditions are very fluid and without a sound knowledge of currency trade, your chances of surviving for more time is very remote.The Forex market is the largest trading platform in the world with a daily turnover of more than 3 trillion USD. Expert traders from various parts of the world test their luck using different techniques apart from their own experience in Forex. In such a situation it is very much necessary for you to know some forex secrets to make profit.Forex secrets are, in truth, anything but secret. The majority of traders know them. The secret lies in knowing how to use them, and getting the timing just right. Forex trading will be profitable for the patient person, who is courageous, and able to wait. Waiting involves being mindful of your investment strategy. Successful traders do not invest everything at once, but rather, keep their options open by setting aside funds for future investments. Then, when the opportunity strikes, they are prepared.There are many market indicators which can be valuable in currency trading onlie. For example, Forex secrets include understanding the current market trends, by analyzing past and current data; the ability to read charts documenting certain patterns and understanding what implications they have upon the current market; and taking advantage of pivot programs, which allow you to identify the typical entry and exit indicators. Other important secrets involve keeping a watchful eye on the heavy traders, and their actions; understanding and utilizing broker tricks; and taking advantage of currency value changes in an international setting.Additionally, a thorough knowledge and understanding of currency history in an international setting, hedge currency trade, and enter and exit strategies can be quite beneficial. Further Forex market secrets include identifying and avoiding the various pitfalls, and understanding profiting through currency pairing.In spite of all these helping tools your chance of making money from forex trade is not guaranteed and so different types of trend indicators are developed as trading techniques and the Fibonacci trading techniques are very prominent and found helpful among them.This method was derived from the work of a twelfth century mathematician named Fibonacci, who developed a relationship of ratios whereby to plot comparative charts, known as the Fibonacci Ratios. These ratios are used in terms of price and time scales to help understand Forex market changes. In addition to these methods, you will need to have an understanding of charts and pay close attention to them yourself.
FOREX TRADING CLUB"S ADVANTAGES
Just a quick note about the benefits of involving yourself in some kind of a Forex trading club. In my view, one of the greatest obstacles that individual Forex traders face is that they trade alone, some even study Forex alone. Let's face it, there is too much to learn and too many mistakes to make if you are going through this process all on your own. You might end up taking your whole life to figure it out. The answer is in the word "collaborative", both in taking on the learning curve and in the trading itself.
Think about it, if you take the time to study each aspect of the forex market one by one, then take the time to implement each part into your trading till you find the best way, you are looking at years. Contrast that with studying in a group environment, led by an effective Forex coach, (such as myself), then you are able to take out a majority of the fluff information that has no value in the overall picture; you can profit from what others have learned without going through the ups and downs yourself.
The same rule affects your active trading, both in a Forex demo account or in a live account. When you trade in a forex trading club, you should expect the following benefits:
You are much less likely to place emotional trades, because other club members or coach will help you see clearly.
You will be introduced to trades that you could have missed, because you were busy or watching a different chart.
You can test a variety of trading strategies with a collaborative viewpoint and gain from the group's experience on it.
You can find out how to apply the tools, techniques, and strategies you have studied from watching your Forex coach or fellow club members analyze it.
Your friends in the club will sustain & motivate you and help everyone do better in the long run.
We particularly like the increase in accounts we make by placing the trades we come across as a group during the club, or during the week on Skype
Think about it, if you take the time to study each aspect of the forex market one by one, then take the time to implement each part into your trading till you find the best way, you are looking at years. Contrast that with studying in a group environment, led by an effective Forex coach, (such as myself), then you are able to take out a majority of the fluff information that has no value in the overall picture; you can profit from what others have learned without going through the ups and downs yourself.
The same rule affects your active trading, both in a Forex demo account or in a live account. When you trade in a forex trading club, you should expect the following benefits:
You are much less likely to place emotional trades, because other club members or coach will help you see clearly.
You will be introduced to trades that you could have missed, because you were busy or watching a different chart.
You can test a variety of trading strategies with a collaborative viewpoint and gain from the group's experience on it.
You can find out how to apply the tools, techniques, and strategies you have studied from watching your Forex coach or fellow club members analyze it.
Your friends in the club will sustain & motivate you and help everyone do better in the long run.
We particularly like the increase in accounts we make by placing the trades we come across as a group during the club, or during the week on Skype
Wednesday, May 27, 2009
Methods to Choose a Forex Broker
New to forex? Then go ahead, there is no one online forex broker that towers above the rest in terms of traffic, trade-volume and services provided. There are a number of good ones out there, but there are also a number of bad brokers.
The Following are the widely popular Forex Trading sites www.Forex.com, www.forexyard.com, www.easy-forex.com and finaly www.forexwebtrader.com.
What you have to Look For
Nowadays there are a number of common aspects that are important in Forex Trading. In that First, look to see what kind of leverage is available and what the spreads will be on the currency pairs you plan on trading on a regular basis. For the USD/EUR, the most typical spread is between three and four pips.
Similarly, what are the rollover fees? And, are there any other fees associated with broker? High fees are not necessary, and should be avoided. See the “What is a rollover?” article for more information.
Then, look into what their trading platform looks like. Does it look like well-written software? Does it have the features you are concerned with and plan on using? For instance, can you trade currencies from your phone? That's not important if you don't plan on doing that, but if it's something you might eventually be interested in, then of course, go with a trader that offers this service, or just get a phone with high speed internet access.
Most brokers offer pretty extensive charting services. One big question should be, How customizable are the charts? As time goes on, you'll probably want to tweak some of the settings, and the ability to do so to great detail will matter more than you think.
If you sign up for a demo account, does the broker let you play around with its trading platform? It's certainly not a good sign if it doesn't.
Then Finally after you've answered all those questions above, once you've got a couple of brokers you are considering, look into them. First you See what other traders have to say online, and if there's been any shady business with them in the past. A little research will pay dividends over the long term in a myriad of ways.
Happy Trading…………
The Following are the widely popular Forex Trading sites www.Forex.com, www.forexyard.com, www.easy-forex.com and finaly www.forexwebtrader.com.
What you have to Look For
Nowadays there are a number of common aspects that are important in Forex Trading. In that First, look to see what kind of leverage is available and what the spreads will be on the currency pairs you plan on trading on a regular basis. For the USD/EUR, the most typical spread is between three and four pips.
Similarly, what are the rollover fees? And, are there any other fees associated with broker? High fees are not necessary, and should be avoided. See the “What is a rollover?” article for more information.
Then, look into what their trading platform looks like. Does it look like well-written software? Does it have the features you are concerned with and plan on using? For instance, can you trade currencies from your phone? That's not important if you don't plan on doing that, but if it's something you might eventually be interested in, then of course, go with a trader that offers this service, or just get a phone with high speed internet access.
Most brokers offer pretty extensive charting services. One big question should be, How customizable are the charts? As time goes on, you'll probably want to tweak some of the settings, and the ability to do so to great detail will matter more than you think.
If you sign up for a demo account, does the broker let you play around with its trading platform? It's certainly not a good sign if it doesn't.
Then Finally after you've answered all those questions above, once you've got a couple of brokers you are considering, look into them. First you See what other traders have to say online, and if there's been any shady business with them in the past. A little research will pay dividends over the long term in a myriad of ways.
Happy Trading…………
Fundamental Analysis
What Does Fundamental Analysis Mean?
A method of evaluating a security by attempting to measure its intrinsic value by examining related economic, financial and other qualitative and quantitative factors. Fundamental analysts attempt to study everything that can affect the security's value, including macroeconomic factors (like the overall economy and industry conditions) and individually specific factors (like the financial condition and management of companies).
The end goal of performing fundamental analysis is to produce a value that an investor can compare with the security's current price in hopes of figuring out what sort of position to take with that security (underpriced = buy, overpriced = sell or short).This method of security analysis is considered to be the opposite of technical analysis.
For Example Fundamental Analysis
Fundamental analysis is about using real data to evaluate a security's value. Although most analysts use fundamental analysis to value stocks, this method of valuation can be used for just about any type of security. For example, an investor can perform fundamental analysis on a bond's value by looking at economic factors, such as interest rates and the overall state of the economy, and information about the bond issuer, such as potential changes in credit ratings.
For assessing stocks, this method uses revenues, earnings, future growth, return on equity, profit margins and other data to determine a company's underlying value and potential for future growth. In terms of stocks, fundamental analysis focuses on the financial statements of a the company being evaluated.
One of the most famous and successful users of fundamental analysis is the Oracle of Omaha, Warren Buffett, who has been well known for successfully employing fundamental analysis to pick securities. His abilities have turned him into a billionaire.
A method of evaluating a security by attempting to measure its intrinsic value by examining related economic, financial and other qualitative and quantitative factors. Fundamental analysts attempt to study everything that can affect the security's value, including macroeconomic factors (like the overall economy and industry conditions) and individually specific factors (like the financial condition and management of companies).
The end goal of performing fundamental analysis is to produce a value that an investor can compare with the security's current price in hopes of figuring out what sort of position to take with that security (underpriced = buy, overpriced = sell or short).This method of security analysis is considered to be the opposite of technical analysis.
For Example Fundamental Analysis
Fundamental analysis is about using real data to evaluate a security's value. Although most analysts use fundamental analysis to value stocks, this method of valuation can be used for just about any type of security. For example, an investor can perform fundamental analysis on a bond's value by looking at economic factors, such as interest rates and the overall state of the economy, and information about the bond issuer, such as potential changes in credit ratings.
For assessing stocks, this method uses revenues, earnings, future growth, return on equity, profit margins and other data to determine a company's underlying value and potential for future growth. In terms of stocks, fundamental analysis focuses on the financial statements of a the company being evaluated.
One of the most famous and successful users of fundamental analysis is the Oracle of Omaha, Warren Buffett, who has been well known for successfully employing fundamental analysis to pick securities. His abilities have turned him into a billionaire.
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