Mobile Alerts

Now you are ready to start receiving market-moving economic data on your mobile phone.

You can Also, review economic calendar on the front page and be informed when the next economic report is released.

For USD region:

ADP Employment Change
Consumer Confidence
CPI
Durable Goods Orders
Empire State Manufacturing Survey
Employment Change
Existing Home Sales
Federal Funds Rate
GDP
Industrial Production
ISM Manufacturing
ISM Non-Manufacturing Survey
Jobless Claims
New Home Sales
New Residential Construction
Pending Home Sales
Personal Income and Outlays
PPI
Retail Sales
TIC Data
Trade Balance

Forex Training Software :

New Forex Training Software Allows you to RECORD training classes.

Below is an example of our Advanced Forex Training Software.

* Hear and Watch Trade Examples

* Ask Questions

* Discuss Trading and Review the Day's Best Trades with our Mentors and other students

* Now includes the ability to RECORD classes if you are away or at work.

Advantages of Forex Training Software:

* New Forex Training Software Allows you:
* Teach you our best trading and investment strategies. We will train and drill you over and over again on our best strategies to ensure that you are applying them properly in your own trading.

* Review your bad trades. We'll analyze your losing trades and help you learn what you did wrong. Reducing the number and size of losses is an essential goal.

* Repetitively walk you through the most important trades every week in detail so that you can continually gain knowledge and insights to perfect your own trading executions.

* Provide you with trading setups (both short and long term) every week.
We'll analyze the current markets and then lay out for you in detail the specific currencies, trading setups and scenarios that you should be looking to trade in the upcoming week.

* Enable you to execute your trades with better precision and discipline by helping you to become fully entrenched in constructive trading habits.

* Guide you in applying our strategies to the current markets. We will teach you our strategies from every conceivable angle as we shows you step-by-step how to apply them to current markets through 48 training sessions over one entire year (every day will be a different focus and you'll learn something new each day.)

* Build you up, challenge you, and motivate you in a personal mentoring relationship in which you receive ongoing guidance from us to continually improve your trading.

* Ingrain our trading knowledge fully in your mind so that you will execute it properly in your own trading... not for a week or two... but for the rest of your life.

The Economy and the Credit Market

If there was any doubt to the dollar’s primary fundamental driver, the currency would forge a new 14 year low on a trade weighted basis and against its European counterpart while the Dow officially climbed above the 10,000-mark.
Investor sentiment is keeping the greenback held down while a current of optimism sweeps the markets higher. However, caution warrants a review of not only the dollar’s role as the financial whipping boy but also the endurance of the market’s exuberance.
To maintain its status as the premiere funding currency, the outlook for the US recovery and interest rates must be weaker than its liquid counterparts.
For the growth outlook, the world’s largest economy is on pace to emerge from recession at the same gait as most of its industrialized counterparts.
Warnings from policy makers about measured expansion after growth readings turn positive is applicable to all. Realistically, the dollar’s downfall is yield.
The Federal Reserve-set benchmark rate certainly has its influence; but investors are more concerned about real market rates.
With the US 3-month Libor trading at a discount to even the Japanese equivalent, funds are both cheap and abundant traits at which to borrow from but not invest in.
We will need to see speculative competitiveness to revive the dollar

Factors of Online Forex Trade

The value of a country's currency is influenced by a number of factors: The economics of the country, its trade deficit , political and social environment.If the current government's deficit increases,
its currency's value will fall. As the government decreases its deficit , the currency can begin to recover value and the exchange rate will become more favorable. The same relationship holds true with a country's trade deficit. If the country

imports more goods and services than it exports

it will have a negative influence on the currency. Inflation lessens the ability of a unit of currency to buy less and less , so the currency loses value.
If the inflation becomes rampant the currency is valued less because it's also viewed as unstable.
As the rate of inflation begins to decline the currency begins to increase in value.Politics and social changes can play havoc with the currency exchange rates. Changes in the regime that are viewed negatively can lower the value of the country's currency in the short term and continue into the long term..
Many US industries are dependent on oil and an increase in the price of oil means an increase in their expenses and a drop in profits. In a similar way, a country's dependency on oil influences how the country's currency is valued and will be impacted by changes in oil prices. The US's dependency on oil makes the dollar more sensitive to oil prices than countries who aren't so dependent.
As the price of oil increases the value of the dollar drops.
The opposite can happen. Current government officials can make policy changes that are viewed positively by the rest of the world and that can increase the value of the currency.For the United States, interest rates and the price of oil can have a major impact on the value of the US dollar.Interest rates effect how much it's going to cost to borrow money and how much can be earned on investments. Historically if the US raises its interest rates it attracts foreign investors.
Those investors have to sell their own currency in order to buy U.S. dollars to purchase treasury bonds. If the interest begins to drop, or the perception is that the rates won't rise any more, investors may purchase Euros as an alternative investment which lowers the value of the US dollar.

* The United States is dependent on foreign oil production

New motor vehicle sales:

FinancialAustralia September New Motor Vehicle Sales Up 2.9% On Month :

New motor vehicle sales in Australia increased in September by a seasonally adjusted 2.9 percent over August.

The Australian Bureau of Statistics reported Wednesday that vehicle sales totaled 77,744 in September.

The figure was a seasonally adjusted 2.0 percent lower than September 2008.

The Bureau said increased sales were seen in all vehicle types compared to August. Compared to September of last year, sports utility vehicle sales increased 2.8 percent while passenger vehicles dropped 1.6 percent and other vehicles were down 7.4 percent.

Credit Card Billings:

Financial New Zealand Credit Card Billings Drop In September

The Reserve Bank of New Zealand said the total credit card billings fell 2.3% year-on-year in September, in contrast to the 0.1% rise in the preceding month. This is the tenth decline recorded in credit card billings in the past 11 months.

In September, domestic card billings dropped 2.7% on a yearly basis, faster than the 0.2% fall in the previous month. At the same time, overseas card billings increased 0.7%, slower than the 2.5% growth in August.

On a monthly basis, total card billings were down 1% in September, in contrast to the 1.6% rise in August. The decline comes after three months of increases.

CashBackForex:

CashBackForex. is one of the major players in the Forex Rebate part of the Forex trading industry. Offering rebates from many of the major brokers, Cash Back Forex not only gives you the money back you deserve , but also provides you with an excellent customer service environment.
This is one area of the industry that can be sometimes lost when dealing with an international market, but CashBack fx handles their clients in a professional manner and makes sure that you are happy no matter where you reside in the world.
As a trader you’re always looking for an edge in the market you trade. Forex is no different when it comes to having expenses on the trades you take. For example,
all brokers charge some form of commission or spread per round turn.
Every time you make a trade the broker makes money, and that is the way it has always been. So If you were getting money back on a trade, win or lose, it makes the trade more profitable no matter the outcome.
It only makes sense to trade with a broker that offers you rebates.
You’re using the same broker, same platform and same spread, but only this time you make a cash rebate every time you place a trade.
This can mini lots or standard size lots.
People can find it confusing on how this process works, but once they receive their first monthly rebate check, every thing becomes clear.

This is why you see ads that offer “get paid to trade”. You can have a losing month, but once you get your rebate check, you may in turn become profitable for the month.

Forex Trading Rebates

This has been discussed heavily on the site, but Forex Rebates is going to be the norm whether you are involved or not.

The line is forming and the brokers are listening. Traders don’t want to pay full price for their trades anymore. They want to work with an Introducing Broker that offers trade rebates. This is a Forex Broker Bonus that keeps on giving. As you make trades you receive a piece back into your trading account or in other ways people payout, like Paypal or check.
This is cushion money and it builds up fast. You make a one standard lot trade and you can be earning $6 - $12 for just opening and closing the trade.
This is fantastic and it is a win win for every one, especially the trader. Forex Trading rebates will go a long way and to make sure a Forex broker keeps you on board, this is one of the major tactics that is being explored by more and more people.

Most likely you have to go to an Introducing broker (IB) for these bonuses, but for sign up deposit bonuses, you most likely can go directly to the broker. Just remember, are you the up front kind of trader or are you the type of trader that wants to keep getting paid, win or lose on your actual trading stats with a cash back system.

Forex Robot Trader Review

We got off to a fast start setting the robot up only because we know the Metatrader platform. For novices this setup can be pretty complex and it will require patience.
Don provides several tutorial videos and write ups to help you get through the initial setup. Once you are all setup there is not much else to do except watch the software in action.
Setting this robot up will help you learn the platform as well. With the amount of programming the fee of $199 seems very reasonable. Now all we have to do is make a profit and we can say the $199 is very cheap.