LEVEL GBP/USD 25 AGUSTUS 2008

GBP/USD

GBP/USD
Sell Stop 1.8480 TP 1.8450 SL 1.8510
Buy Stop 1.8560 TP 1.8590 SL 1.8530

LEVEL USD/JPY 25 AGUSTUS 2008

USD/JPY

USD/JPY
Buy Stop 110.20 TP 110.50 SL 109.90
Sell Stop 109.70 TP 109.40 SL 110.00

LEVEL EUR/USD 25 AGUSTUS 2008

EUR/USD
EUR/USD
Sell Stop 1.4730 TP 1.4700 SL 1.4760
Buy Stop 1.4810 TP 1.4840 SL 1.4780

LEVEL USD/CHF 25 AGUSTUS 2008

USD/CHF
USD/CHF
Buy Stop 1.1000 TP 1.1030 SL 1.0970
Sell Stop 1.0950 TP 1.0920 SL 1.0980

LEVEL GBP/JPY 25 AGUSTUS 2008

GBP/JPY
GBP/JPY
Sell Stop 203.00 TP 202.50 SL 203.50
Buy Stop 204.80 TP 205.30 SL 204.30

Forex Market

The Foreign Exchange market, also referred to as the "Forex" or "FX" market is the largest financial market in the world, with a daily average turnover of US$1.9 trillion — 30 times larger than the combined volume of all U.S. equity markets.

"Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY). There are two reasons to buy and sell currencies. About 5% of daily turnover is from companies and governments that buy or sell products and services in a foreign country or must convert profits made in foreign currencies into their domestic currency. The other 95% is trading for profit, or speculation.

For speculators, the best trading opportunities are with the most commonly traded (and therefore most liquid) currencies, called "the Majors." Today, more than 85% of all daily transactions involve trading of the Majors, which include the US Dollar, Japanese Yen, Euro,
British Pound, Swiss Franc, Canadian Dollar and Australian

The Truth About Trading Risk

Everyone who trades is always looking for the perfect signal. This is often referred to as the “Search for the Holy Grail”. It might as well be the Hunt for Red October. There simply is no perfect signal. You need to be able function in an environment of unknowns and probabilities. Your edge has to be patience and discipline.

Here are some of the hard earned tips we have for you on controlling risk in trading:
- Calculate Risk: and risk a maximum of only 2-5% of equity per trade
- Preserve your capital at all costs
- Stops are “NOT” money management
- Position sizing is the key to wealth
- Your biggest draw down has not yet occurred!
- Never, Never add to a losing trade!
- If you make a mistake, exit immediately
- Increase trade size on winners
- Decrease trade size on losers
- Leverage works both ways, and while rewards are great, the risk is extremely high
- With indexes and FOREX your leverage is as high as 200%
- Disaster Stops must always be set in case of exceptional world events
(www.futurestradingsecrets.com)