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US Tech Industry May Hurt USD Forex Quote

 

Being able to accommodate the troubles recently caused by flooding in Thailand that have hurt the production of hard drives will not be easy.  There is no easy answer to the very real reality that in fact there will not be enough to go around, and this will mean a rise in the price of the devices.  Unfortunately this cost will inevitably be passed on to consumers, which is going to mean lower sales for large companies such as Dell.  This is going to create a big rift in the computer industry sales numbers within a couple years due to this issue, and Dell are not denying it.  They have already said they will act aggressively to promote a continued high value coupled with low prices in their products, Dell is the world’s #3 supplier of computer products. 

Taking advantage of this fact where price action is involved might be a bit difficult for the near future since there is not an obvious way to gauge the impact.  Although it is important to note that much of the US economy is tied up in technology, so any hindrance on this process will have an impact on the USD forex quote.  Taking this into account while watching the developments with this particular event will be a bit daunting, but the rewards that could possibly be involved are enormous.  Pairing the USD with Euro in this scenario could be a really sweet opportunity for those who are ready to make the right move.  Be sure to practice proper money management in this scenario though, since it will definitely mean that you are going to have to keep your stop loss at a very conservative level.

Tech stop troubles have been known to cause some serious losses in the stock market, due to an almost universal dependence upon the tech industry.  The unfortunate facts here suggest that the situation is just that, a dark place in which we are facing an eventual decline regardless.  Which could in fact cause some very big problems for the various tech industry companies that have contributed in no small part to the industry.  By coupling this fundamental indicator with the technical ones a trader can take advantage of these movements and make some real money.  Be sure to weight these things out with as much balance possible before entering into a trade, and even then make sure that you are able to leave efficiently. 

The author is a Forex trader and financial analyst residing in Denver, Colorado.  To stay up to date on all the latest developments in the financial world and beyond be sure to stay up to date with the latest forex quotes.

How To Read Forex Quotes To Calculate The Value Of Your Money Transfer

Making a money transfer does not require deep understanding of Forex trading but it will definitely help you in calculating the approximate cost of your transfer and the amount of money the beneficiary will receive. A few general principles to remember include the following: currencies are always traded in pairs; all quotes contain a pair of three-letter trading symbols of the currencies traded. The first currency symbol is the base or selling currency and the later is the currency that you are buying.

The United States dollar is represented by the abbreviation USD, for instance, while GBP stands for the British pound, JPY is represented by the symbol JPY, EUR stands for the European euro, the Australian dollar is seen as AUD, CHF stands for the Swiss franc, and the Canadian dollar is represented by the symbol CAD, to list only the major currencies. Sometimes you can see a specific graphic symbol depicting a particular currency; the most well known symbols are those of the U.S. dollar, the British pound, the euro and the Japanese yen, despite that other currencies have graphic symbols as well.

No matter what symbols a particular trading platform or chart is using to depict currency pairs and currency rates, you must bear in mind that the first currency in the pair is the one that is more important to you. Imagine you want to send GBP 1,000 to Canada. Therefore, you must buy Canadian dollars to make a money transfer to the recipient. Otherwise, you can send British pounds but one way or another the beneficiary will have to convert your British pounds to Canadian dollars. Such being the case, you must obtain a currency rate chart to calculate the value of the transfer. In any case, you will get a chart that will read something like GBP/CAD 1.63524 or GBP/CAD = 1.63524. In broad terms, this means that right now the British pound is stronger than the Canadian dollar and 1 GBP can buy 1.63524 Canadian dollars. Multiplying the currency exchange rate by the amount of money you plan to transfer i.e. GBP 1,000 x CAD 1.63524 you will obtain a result of 1635.24 Canadian dollars that your pounds will buy.

This is the approximate value of the money transfer after conversion into the recipients currency; however, you have to bear in mind that the actual sum the beneficiary will receive will be of a smaller value due to commissions, fees and all other applicable charges. Moreover, this exchange rate is only for your information; it is obtained online by a reputable money transfer provider but the Forex market is extremely volatile and liquid so the currency rates fluctuate in minutes and the final currency rate you get would be quite different. Nevertheless, it is always a good idea to check the present currency exchange rates. Doing so will allow you to make a more informed decision selecting a money transfer provider by comparing the exchange rates being offered.

Dr Timothy Ross is an expert on the financial markets. Recommendation: If you need to make a large or regular overseas payment consider the help of a money transfer specialist as an alternative to your bank.

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The Forex Money Management Calculator

The Forex Money Management Calculator is a set of tools that will allow most ordinary people a realistic opportunity to make cash trading stock in a planned and timely manner.

Most stock owners and a lot of market traders do not have the slightest clue of a game plan about how to manage their stock portfolio and they have no real plan how to make profits in the market. The Forex Money Management Calculator is a simple to follow set of instructions that will allow anyone to make stock trades that make profits with confidence.

The two things that keep ordinary people from making money trading stock in any market conditions are time and knowledge. What you need is a disciplined trading plan that takes only a few minutes a day and can prove itself capable of making profits day after day in any market.

The tools you need are the ability to set a realistic target price based on past data and present conditions, a method to consistently and successfully time profit taking and minimize loss, and a strategy to time stock breakouts (the big jumps up in price) that allows you to know when to buy and sell so you make the most profit possible.

Price is everything in managing your portfolio successfully.

The Forex Money Management Calculator is a computer program and instructions that will allow you to make profits in any market by taking the most advantage of price and price breakouts.

The system is based on fundamentally sound market mechanics and provides you with a set of proprietary chart indicators that tell you when to buy and sell and allows you to leverage the spread between Bid and Ask price. The fundamentals include a time filter, a news filter, and a wave filter that directs your buying and selling toward the highest possible profit.

The key is you only have to make one trade a day or place one set of orders a day and then go about your business with confidence that your trades are making money for you.

Back testing this system with the stock or stocks you are thinking about investing in will give you the proof and confidence you need to use this set of tools successfully from day one.

This method takes the emotion and the emotional toll out of trading with up to the minute information that allows a novice trader or a professional to trade confidently and consistently make money in any market by placing just one or a few orders a day.

The system is not the newest gimmick that will make the owner rich, it is backed up by more than two years of documentable success by ordinary investors who saw the system work for them.

Personalized startup guidance, knowledgeable timely and responsive answers to questions, and expert problem solving by professionals is a standard long term part of the system that has been tested and praised by small traders and large traders for over two years.

The Forex Money Management Calculator is a set of tools that will allow most ordinary people a realistic opportunity to make profits trading stock in a planned and timely manner in just minutes a day.

Are you looking to find out more on Forex Money Management Calculator? Visit my website to find out more!

So why are you hesitating? Visit my website to find out where you can find the best Forex Money Management Calculator for your forex calculation needs.

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