Learn about a strategy used in trading forex where the profits come from tiny shifts in the prices. They are normally very short-term strategies and in less than seconds you will be able to make money.
If you’re looking to short Western currencies, one possibility is to short them against emerging-market currencies, such as the Chinese yuan, the Indian rupee, the Brazilian real and the Russian ruble.
India and Brazil are running large government budget deficits, in spite of their amazing booms, and both currencies are highly vulnerable to a sudden monetary tightening or a downturn in the global economy.
China, tightly manages its currency. There is certainly potential for the yuan to rise, provided that China maintains its present policy of allowing fairly free inflows of foreign capital while barring outflows of its own savers’ money.
Canada and Australia are reasonably well-run countries with large commodity exposures. So they should do well as long as the current commodity boom continues.
In the Asia-Pacific region, South Korea, Taiwan, and Singapore all have superbly-run economies that are structurally sound.
A currency portfolio that contains those five currencies – the South Korean won, the new Taiwan dollar, the Singapore dollar, the Canadian dollar, and the Australian dollar – could thus be relied upon to maintain its value better than most.
Most Brokerage firms don’t like scalpers, What they want is a trader who trades long term or is a position trader so that they are able to clear the transactions in the interbank market without risk. Look for ECN Forex Trading
Forex Robots based on FOREX Scalping Strategy Many traders criticize Forex Scalping Strategy, others are greatly interested in it, and only a minority of traders is indifferent. Why is a forex scalping strategy so attractive to traders? More than likely…
If you are looking to make fast money with small risk you need to look into Forex Scalping.
Forex Scalping is entering and exiting a position very fast! you will be able to make 20 pips a day and maybe more.