London Forex Rush System Review - What Are The Best Intra Day Trading Techniques For Forex?
When I was first introduced to the London Forex Rush system, I was immediately skeptical. A colleague from the UK informed me during a phone conversation about a new Forex system called the London Forex Rush system. He claimed that it was an intra-day trade system that multiplied is profits by about 300% in the Forex market. Being an experienced Forex trader myself, I wanted to examine his claims for myself, so first I took a look at the London Forex Rush System website.
Foreign exchange trading is built on variations in basis points, where the basis point is one tenth of a cent (or one tenth of the smallest unit of currency being traded). For example, if Euros are $1.60 each, every $32 you put into Euros will net 20 of them. If Euros rise to $1.80 each, your 20 Euros will be worth $36.00.
The chief strategy for foreign exchange trading is watching the closing times of the major trading venues, which are London, the Asian markets and New York. A lot of banks will try to close out their positions at those times, which will cause the market to fluctuate. Foreign exchange trading, like day trading in stocks, can result in an adrenaline rush mentality, and there's a lot of money to be made in small shifts in exchange rates. However, to make foreign exchange trading work for you as a day trader, you need to live the life and adjust your sleep schedule to be awake when the markets are open to capitalize on shifts.
You can also take a long term strategy on foreign exchange trading. This is where you're looking for long term trends rather than trying to run the races each day on daily shifts. Key factors to keep in mind in terms of foreign exchange trading are the international news. In particular, any moves the Federal Reserve makes will change the exchange rates. Interest rate increases make the dollar more valuable (because holding investments in dollars that earn interest mean they accrue faster). Anything related to international conflict will drive the dollar down, and make other currencies more valuable.
With my curiosity peaked, and reassured by the 56-day money back guarantee, I downloaded the system and tested it for a month. In hardly a week, I already noticed my previous performance, making profits of about $250 to $300 per day, had jumped significantly to between $600 and $800 a day. I was not only convinced that the system works, I was astounded. I would recommend this product to anyone - it's definitely not a scam! - 23204
Foreign exchange trading is built on variations in basis points, where the basis point is one tenth of a cent (or one tenth of the smallest unit of currency being traded). For example, if Euros are $1.60 each, every $32 you put into Euros will net 20 of them. If Euros rise to $1.80 each, your 20 Euros will be worth $36.00.
The chief strategy for foreign exchange trading is watching the closing times of the major trading venues, which are London, the Asian markets and New York. A lot of banks will try to close out their positions at those times, which will cause the market to fluctuate. Foreign exchange trading, like day trading in stocks, can result in an adrenaline rush mentality, and there's a lot of money to be made in small shifts in exchange rates. However, to make foreign exchange trading work for you as a day trader, you need to live the life and adjust your sleep schedule to be awake when the markets are open to capitalize on shifts.
You can also take a long term strategy on foreign exchange trading. This is where you're looking for long term trends rather than trying to run the races each day on daily shifts. Key factors to keep in mind in terms of foreign exchange trading are the international news. In particular, any moves the Federal Reserve makes will change the exchange rates. Interest rate increases make the dollar more valuable (because holding investments in dollars that earn interest mean they accrue faster). Anything related to international conflict will drive the dollar down, and make other currencies more valuable.
With my curiosity peaked, and reassured by the 56-day money back guarantee, I downloaded the system and tested it for a month. In hardly a week, I already noticed my previous performance, making profits of about $250 to $300 per day, had jumped significantly to between $600 and $800 a day. I was not only convinced that the system works, I was astounded. I would recommend this product to anyone - it's definitely not a scam! - 23204
About the Author:
Forex Megadroid, Indisputably Proves A Robot Can Trade With 95.82% Accuracy In EVERY SINGLE Market Condition And At Least Quadruple Every Single Dollar YOU Deposit. Click here to visit Forex Megadroid, http://www.moneyblogspot.info
posted by X - Men @ 5:25 AM
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