Trading Currency Blog

SAMPSON S asked:


I will like to use this details to calculate my pivot point, resistance, and supports.

BENEDICTO

Joelmont75 asked:


I just started trading Forex pairs and I need to be able to collect price data for the last 10 time periods (hours, days or weeks) so that I can input this information into my trading platform to give me an idea on where the price of the currency pair will move next.

Can anyone tell me how to get this info into my yahoo finance page so that it updates with the movement of the currency pairs?

Any suggestions will be greatly appreciated.

Thanks in advance!!

Patrick

GUYNES

kowalskiphilip asked:


when there is a trade deficit how dpes u, s, get money to fund imports?

BONE

Sharp.Pencil asked:


I know there’s the whole hard currency vs. weak currency issue. I can also understand how the sellers of these currencies earn money throught the black market trading.

But what is really confusing me is that why would anyone be willing to exchange up to or even more than double the official exchange rate in black market for a stronger currency (say wanting to buy USD with Zimbabwe dollars)? Why can’t they just exchange it at a cheaper exchange rate at the legal exchange places?

CURRY

Michael asked:


Please save your energy by not telling me there are risks involved in trading foreign currency and that if it sounds too good to be true it probably is. I know these things already. I just need to know if I can trust Forex.com. Thank you.
cs Your link is broken.
flying Your link is from the same site in question. If they were shady, I definitely wouldn’t trust their own listing of awards.
Maybe I should restate the question. I don’t need links to other forex-like sites offering similar services. Then I’d have to ask about those as well.
I need to know how trustworthy FOREX.COM is.

RENNELS

Mira B. asked:


I meant *why is it.

STEBBINS

aj v asked:


honesty is very important TO ME I AM NEW TO CURENCY TRADING AND I HAVE ABOUT 500 BUCKS TO WORK WITH from what i hear forex itself is not a scam but other software associated with it any one with trading experience preferabLy two to three yeARS your inPUT in this would be very appreciative if anyone could HELP ME AGAIN I WOULD VERY MUCH APPRECIATE IT. ALSO I WAS WONDERING HOW MUCH TIME IT TAKES TO MAKE A PROFIT

BRUMMITT

Craig asked:


Ok, I simply want to have a foreign currency in my possession, it’s in preparation for a trip I plan on taking.

What I want to do, is trade an amount of physical US currency, and have it converted to a foreign currency in the converted amount (the thai baht or japanese yen for example). An ideal situation would be that I’d send the vendor the US currency(via paypal or something), and then they would send me the converted amount in the foreign currency of my choice, in physical form(paper).

Does anyone know of any services/practices that can accomplish this?

Also, any information on international bank accounts with open currency conversion would help.

COUGHLIN

Hal asked:


the poor poor american dollar.

MAXHAM

Man_Hat_Tan asked:


Which exchange in the US is reponsible for hedge funds and currency trading?

LAAKSO