Forex (short for Foreign Exchange) is trading where the commodity is currency.
The return for the investor is rather the relative exchange value of one currency against another currency. Therefore forex trading is always expressed in currency pairs such as us dollars and uk sterling or us dollars and euros.
A Beginners Guide to the Forex Markets and the Euro
We all have heard of the European Union's adoption of the euro currency. This radical change has had tremendous impacts on the various financial markets. For instance, the different countries that have begun using the euro have seen substantial increases in their currency profile strength. They each had exhibited weaker economies than they do now.
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Learn Online Forex Trading
2 Simple Tips To Target Bigger Gains Instantly
Enclosed we are going to give you a simple tip that many forex traders ignore in their pursuit of profits but if you learn it, you will increase your profit potential and enjoy greater currency trading success.
If you want bigger forex profits now then read on.
If you have a forex trading strategy it should have one aim and one aim only -
Making bottom line profits
To do this you need to get catch and hold the big currency trends that offer you the big profits and have the odds heavily in your favour when you enter them - and they don't come around often.
These trades only come around a few times a year in each currency, so the rule is:
Cut down your trading and bet big on the trades that offer you the most favourable odds.
Where Most Traders Go Wrong!
They make two major errors which are:
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10 REASONS TO START TRADING FOREX!
More and more well informed investor and entrepreneurs are diversifying their traditional investments like stocks, bonds & commodities with foreign currency because of the following reasons:
1) FOREX is the largest financial market in the world.
With a daily trading volume of over $1.5 trillion, the spot FOREX market can absorb trading sizes that dwarf the capacity of any other market. In fact, when compared with the $50 billion daily market for equities or the $30 billion futures market, it becomes quickly apparent this gives you, and millions of other FOREX traders, almost infinite trading liquidity and flexibility.
2) FOREX is a True 24-hour market.
The FOREX Market never sleeps. Trading positions can be entered and exited at any moment around the globe, around the clock, 5.5 days a week. There is no waiting for an opening bell as in the case of trading stocks. It is a 24- hour, continuous electronic (ONLINE) currency exchange that never closes. This is very desirable for you if you want to trade on a part-time basis, because you can choose when you want to trade: morning, noon or night.
3) There is never a Bear Market in FOREX.
You can have access to a seamless exchange of currencies. Currencies trade in "pairs" (for example, US dollar vs. JPY (YEN) or US dollar vs. CHF (Swiss franc), one side of every currency pair (for example, USD/CHF) is constantly moving in relation to the other. Thus, when you buy a particular currency, you are actually simultaneously selling the other currency in that particular pair. As the market moves, one of the currencies will increase in value versus the other. Of course, it is up to you to choose the correct currency to be long ( you bought) or short( you sold).
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How To Make Money In Forex
As you might already know, forex is an acronym for foreign exchange -- is the international currency market where money is being sold and bought. Forex certainly is a new and exciting way to make money in the huge global currency market.
Making money in forex is very similar to stocks, options, or futures. You will be provided with a list of currency pairs each is coming along with graphs which you can select and trade. You can sell (or short) if you expect the graph to go down and you can buy (long) if you expect the graph to go up.
How Can I Make Money in Forex Trading?
When you buy a currency in the forex market, you are actually doing two trades. You are selling one currency and buying the other. You have known what currency you are betting for/against, as opposed to the stock market where you only need to know one stock.
Unlike stock trading, most online forex firms don't charge commission. They make money by giving you a worse spread then they get and by charging you interest on margin. This spread is usually two or three pips (explained below).
Margins are huge in currency trading; you can easily be accepted for 200 to margin on-line. Some forex firms will give you up to 400:1 margin. To be honest, there is very little regulation in this industry, which means you can move $2,000,000 worth of currency with only $10,000 in your account. You can even open an account with as little as $300.
Profits in forex are measured in "pips" or "points." A pip is 1/1000 of dollar. For example if you buy the dollar (USD) against the euro (EUR), and it went in your direction from $1.300 to $1.299, you have made a 1 pip profit. On a $10k order at full margin (200:1), this is equivalent to $50 in profit.
How Much I Can Earn?
Virtually, the limit is the sky. As much as how long you trade and keep earning. Trading will be within 24 hours 5 days a week. How fast you can earn is depending on the volatility of the market. If it is very volatile (moving ups and down quickly), you probably can earn a lot of pips if you are lucky.
However, average earning for professional trader is 100 to 200 pips a day that is equal to 100% to 200% return on investment. George Soros, the heart of inspiration for every forex trader, made a history in September 22, 1992 when he bagged US$1 Billion and ruined the Bank of England. This called The Black Wednesday.
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Where can I Spread Bet on Gold?
You can currently spread bet on Gold and other commodities at:
* GFT
* Financial Spreads
* Spreadex
* Paddy Power Trader
* Tradefair Spreads
You may also be able to spread bet on Gold with other companies.
commodity trading in South Africa
For the sourcing of highly standardized goods commodity trading is the right option. We can assist you with coal, ore, stainless steel and structural steel, metals, foods, grain, chemicals, cement, gold dust, rough uncut diamonds and many other commodities. While there is already a sustainable supplier network, mines, refineries, traders and brokers are still welcome to join our community.
For further information please contact:
T o r s t e n K n a c k s t e d t
phone: 082 956 7118
e-mail: torsten@commoditytrading.co.za
DISTRIBUTORS Fast Pak Trading (food)
Distributors
Fast-Pak does business with many grocery stores, ethnic markets, distributors and re-sellers across the United States.
If you have interest in becoming a distributor or re-seller, please contact us immediately at (973) 925-1111 or kiro@fastpakstore.com.
Please contact our distributors for stores in your area.
705 South 22nd Street
Harrisburg, PA 17104
Ph: 717-512-6466
Fx: 717-558-0232
AB Company, Inc.
6525 North Proesel Ave.
Lincolnwood, IL 60712
Ph: 847-933-9767
Fx: 847-933-9764
13101 56th Court
Unit 805 & 806
Clearwater, FL 33760
Ph: 727-573-9390
Fx: 727-573-9397
8100 Water St.
St. Louis, MO 65111
Ph: 314-631-7288
Fx: 314-631-7149
740 Aldo Ave.
Santa Clara, CA 95054
Ph: 408-235-2395
Fx: 408-261-3402
1190 Five Forks Trickum Rd
Lawrenceville, GA 30045
Ph: 866-466-4095
Fx: 678-377-0099
32 Mallets Bay Ave.
Winooski, VT 05404
Ph: 802-655-0099
Fx: 802-655-0094
Balkan Market LTD
146 SW 152nd St.
Burien, WA 98166
Ph: 206-241-7522
Evropa Bakery, Inc.
705 South 22nd Street
Harrisburg, PA 17104
Ph: 717-512-6466
SPAR’s European
405 Amherst St.
Buffalo, NY 14207
Ph: 716-876-6607
SKH Food Distributors
P.O. Box 1500
Lititz, PA 147543
Ph: 717-626-4771
TRI-STATE STORES
Please contact us for a specific area at 973-925-1111 or email kiro@fastpakstore.com for more information. This list is but a broad sample of our vendors.
New Jersey:
New York (Manhattan): New York: New York (Long Island): Maryland: |
GALLERY Fast Pak Trading (food)
Customer Pix (click picture for larger image)
Summer Trade Show New York 2006 (click picture for larger image)
Spring Trade Show Chicago 2007 (click picture for larger image)
Summer Trade Show New York 2007 (click picture for larger image)
arbonated Drinks
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Chocolate Spreads
Chocolate spreads are a popular European treat, often used as dips for cookies, as a sandwich spread for an after school snack, or as a side with fresh fruit. These spreads are nothing more than a creamy mash up between smooth chocolate and sweet hazelnut.
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