Forex Basics: A Tutorial Guide For Forex Trading Beginners

Submitted by: John P.Miles

The Forex market may appear really complex and creepy to understand and workout; but in fact it is not. The idea behind Forex trading as simple since it is similar to any other trading market. You purchase low and you sell high to get the maximum yield.

Forex is a major, non-stop and a worldwide financial market which generates trillions of dollars daily, making it the most liquid market which exists.

Trading in Forex is distinctive as compare to other financial markets like stock trading since it offers trader and speculators the possibility to act on the market, whichever location they may be. In other words, the Forex Theater and its actors face no barriers or constraints at all. One can act on the Forex market regardless of his location and time zone.

[youtube]http://www.youtube.com/watch?v=dr17IFhamAg[/youtube]

For years, the Forex market was only accessible to global corporations, large currency dealers and large monetary institutions such as banks and insurance companies. The reason behind such a trend was that the Forex Market imposes firm guidelines on the instances involved in trading currencies. In other words, sole traders and small business units found it rather impossible to penetrate the Forex Trading Market.

Fortunately, in the late 90’s, with sustained developments in the communication field the Forex Market was made accessible to individuals and small business units. Real time monitoring coupled with limitless and perpetual internet made the Financial Market more accessible, even for individuals engaged in home business.

Nowadays, Forex Trading is gaining momentum and acceptance. Individuals now see in the financial trading market the occasion to earn wealth with the least effort but however, one should not neglect the risk factor associated to it. It has been proved that Forex can may one rich but the opposite is also a reality to be feared. This is the reason why sometimes we see cyclical traders.

In line with the above, we can deduce how important it is for a beginner to learn and understand the Forex market before he actually steps in. To gain knowledge of a Forex trading is not a demanding chore since numerous websites offer Forex education. Most of these websites offers demo accounts so that one can simulate a trade, without the use of real money. These demo accounts really take you close to Forex trading and help you build up your knowledge but according to Financial Market experts, one comes to learn about Forex Trading the moment one juggles with the real market.

To jump-start your career, one needs a series of tools like high-internet access, a Forex account, Forex Trading software and the most important, the funds to trade. A basic comprehension of Forex Charts is required before entering the market. These Forex Charts are vital aids to traders and speculators since the former indicates the trend in the traded currencies’ exchange rates. One’s decision to buy or to sell currencies will be based on the liner illustrations which are charts.

Every Forex chart differs in what they indicate although they are all showing the same alterations in the currencies’ rates over a given period. For instance, in the “Daily Forex Chart”, one can appraise the market tendencies in the past 24 hours to speculator on the trends the market may adopt in the next 24 hours. As its name indicates, through the “Hourly Chart”, you can easily assess the particular day trends on an hourly basis and finally the “15 minutes Charts” depicts each quarter hour currency fluctuations. Sometimes, there exists “5 minutes Charts” to assist traders and offer them a better view on recent trends and help them in determining the investment strategy.

These fundamental rules are explained as they are the starting blocks of any Forex trader. However, one must never forget that same as the Forex Trading Market can make one wealthy, it can also cause havoc in ones financial position due to the risk element associated with it.

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Colombian military spy plane crashes

Wednesday, February 18, 2009

According to media reports, a Colombian air force AC-47 (registration FAC1670) spy plane carrying five people has crashed near the Colombian city of La Dorada, in the department of Caldas.

All on board the plane are believed to have been killed, according to Colombia Reports. Among the dead, according to Monsters and Critics, are two technicians, a major and two second lieutenants. ABS-CBN News reports that the dead included three high ranking officials and two lower ranking ones.

Jorge Ballesteros, a Colombian air force official, says that the plane took off from an air force base in the city of Puerto Salgar and was on an exercise mission when it crashed. He also states that although it was on a training exercise, the plane was carrying bombs and machine guns.

A military team has been dispatched to the area to investigate the incident, but they have already put the blame on mechanical failure. Ballestero noted that investigators have ruled out a rebel attack and terrorism as possible causes.

AC-47’s have been used by the Colombian air force for nearly 20 years, most of which were donated from the United States. They were provided to the country in an attempt to fight the illegal drug market and to defend citizens and the military against rebel attacks. They are also used to gather intelligence and come equipped with a state-of-the-art communications system, radar and infrared detection systems.

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Foreign Exchange Trading As A Home Based Business

The foreign exchange trading community has grown in leaps and bounds in recent years as more and more investors are finding the incredible financial potential. It is regulated by the investor and is open 24 hours a day for business. In fact, forex trading has become so popular today that many investors are creating home-based businesses exclusively around this market. There is relatively little headache and hassle involved with the process and can also be executed from home with a personal computer and an internet connection.

One of most attractive advantages to the foreign exchange market that lies within the 24-hour access benefit is that this creates the option for a trader to take positions in the market without waiting for an opening bell to ring. Regardless of the time zone the trader is in, there is always foreign exchange trading experts ready to buy and sell currency prices. Providing this type of access gives the foreign exchange trader a huge advantage over other investment markets.

Foreign exchange trading is based on a pair principle in that every currency is traded in pairs. Every trade engages two separate currencies on what is called a two-way market. The financial advancements to be made in this type of trading are having an instinct based on current events that will depreciate a certain currency. The pair system works as a cause and effect relationship and as one currency makes gains on the market, the other currency suffers a loss. Foreign exchange trading allows revenue to be made both the losses and the gains in relation to the investor’s currency.

A huge benefit to choosing forex trading is the relatively small selection of choices when compared to other investment choices such as mutual funds or the stock markets. When dealing with forex trading, most traders tend to begin with only one select currency and will graduate to trading three or four as they become more experienced.

Foreign exchange trading demonstrates the ability to track the trends that take place over both long and short periods. Every currency takes an individual course and reveals its own set of characteristics allowing the investor a peek at the future of a specific currency by looking into its past. This sets forex trading very high in the ranks of investment options because it provides an array of option and prospects within the foreign exchange market.

Most individuals that are just beginning to learn the foreign exchange trading market require the expertise of a foreign exchange broker. In order to trade, it is necessary to seek out a good broker and open a margin account on the foreign exchange market in order to participate. This margin account is an absolute necessity and these are settled every day. This means that when you lose profits they are taken out of that margin account and similarly when profits are gained, they are put into the margin account that same day.

Now that most of the advantages are obvious to potential investors, there are a few things to understand before setting out to invest in forex trading. First, make sure that the currency pair is well researched and the trends are paid particular attention to, as this can be a great tool with foresight. Remember, there is no good plan with foreign exchange trading or other markets without an exit plan! Know the limits and be disciplined enough to follow these strategies to bring success to any foreign exchange trading experience.

Dungog, Australia residents celebrate continued protection of local forest

Thursday, September 5, 2013

Local residents of Dungog, a small country town in New South Wales (NSW), Australia, held a celebratory nature walk on Sunday after they received assurance that their local forest was deemed worthy of “enduring protection.” Previously, a proposal before the NSW government to log over one million hectares of protected national park forests had caused alarm among nature conservationists.

To celebrate the continued protection of national parks in NSW, a free guided walk was held on Sunday in the Black Bulga Range Conservation Area. This family-friendly nature ramble meandered along the mountain’s ridge, with locals enjoying the forest, sharing a cup of billy tea and knowledge about the local forest’s ecology and history. The physical presence of the locals in the forest demonstrated their continued use of this area and the importance of national parks for the community.

Since early 2012, the possibility of logging for commercial timber in NSW national parks had been emerging. A state government inquiry on the management of public land in NSW received submissions and evidence from both the Australian and NSW Forest Products Associations (FPA). The FPA’s recommendation to “tenure swap” between national parks and state forests in order to sustain the timber industry were included in the final governmental report.

The process began in April 2012 when the NSW Legislative Council —the upper house of the parliament of NSW— established an inquiry into the management of public land in New South Wales, conducted by the General Purpose Standing Committee No. 5. According to a media release from the Legislative Council at the time, the primary purpose of the inquiry was to “scrutinise the management of the State’s public land and review the process and impact of converting Crown Land, State Forests or agricultural land into National Park estate.”

By August that year, the committee had received a recommendation from Mr. Grant Johnson of the Australian Forests Products Association for the “re-introduction of harvesting activities in forest areas previously set aside for conservation.” The following month, Mr. Johnson and Mr Russell Alan Ainley, Executive Director, NSW Forest Products Association, were invited before the committee. At this hearing, the chair, Mr. R. L. Brown, member for the Shooters and Fishers Party, asked Mr. Ainley for “a calculation of the area currently in [national parks] reserve that would need to be returned [to state forest] to be available for timber extraction”. In response, Mr. Ainley suggested “a little more than one million hectares.”

On May 15, the NSW Legislative Council published a Final Report on the management of public land in New South Wales. Among its key recommendations was that “the NSW Government immediately identify appropriate reserved areas for release to meet the levels of wood supply needed to sustain the timber industry, and that the NSW Government take priority action to release these areas, if necessary by a ‘tenure swap’ between national park estate and State forests. In particular, urgent action is required for the timber industry in the Pilliga region.”

A “tenure swap” would reserve areas of NSW state forest where logging is now allowed, in exchange for opening areas of national parks for logging.

Environment groups such as The Nature Conservation Council of NSW and The Wilderness Society announced that these government documents signaled an immediate threat of logging in national parks in NSW. This information raised concerns of other community and activist groups because logging is not conducted in national parks in Australia. According to the NSW Department of Environment, Climate Change and Water, a national park is an area designated to “protect Australia’s plants, animals, ecosystems, unique geology and Aboriginal and non-Aboriginal cultural connections to the land.”

The Black Bulga State Conservation Area was one of many parks listed by the environment group Save Your National Parks as potentially vulnerable for “tenure swap”. This forest covers 1554 hectares and connects Dungog Shire to the World Heritage listed Barrington Tops National Park, part of a green corridor from the ocean to the mountains.

Residents living near the forest were concerned by the proposal for logging in their area. A local information day held in June, at the Settlers Arms, Dungog, motivated local action. As a consequence of the event, over forty hand-written letters were posted to the Premier and local MPs. In a recent reply from the NSW government, the Minister for the Environment, Robyn Parker, stated: “The Government does not support commercial logging in national parks and reserves, including Black Bulga State Conservation Area, and has no plans to allow it. The NSW Government recognises that our national parks and reserves are special and unique places that deserve enduring protection. The Government is committed to their important role in conserving native flora and fauna and cultural heritage, and to improving community well-being through increased opportunities for recreation and tourism”.

As reported in the Dungog Chronicle, Jo New of the Black Bulga Range Action Group was thrilled by the government’s response to a community-driven campaign. “It goes to show what a wonderful impact local people can have after they do something simple, like posting a letter”.

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Avian Flu is confirmed in Egypt

Saturday, February 18, 2006

Yesterday February 17, 2006, the World Health Organisation officially declared presence of the H5N1 strain of the avian flu virus in Egypt.

“There is avian flu now in Egypt,” Hassan el Bushra, regional adviser for emerging diseases at the eastern Mediterranean regional office of the WHO said. His response was to the reported presence of H5N1 virus in dead birds in three areas in Egypt – namely Cairo, Giza, and Al-Minya.

Today February 18, 2006, a responsible source from Egyptian ministry of health announced reporting of another 25 cases of infected birds in Al-Minya with aftermath of 35 confirmed cases between birds, yet there are no human cases reported.

Egypt has banned the import of live birds and has tightened quarantine controls at airports to keep out bird flu. It has also canceled the annual bird hunting season to minimize contacts between people and migrant birds.In Cairo phone numbers 3912136, 3907147, and the hotline 152 have been assigned for reporting any suspected cases. A newly formed unit formed of veterinarians and preventive medicine specialists in Giza actively studying more than 70 reports of dead birds for exclusion of H5N1.

Egyptian Prime Minister Ahmed Naxif has advised people who breed poultry at their homes to dispose of their birds to prevent the virus from spreading.

“The time has come to get rid of the idea of breeding chickens on the roofs of houses, especially under current circumstances,” he said.

Many Egyptian citizens breed chickens and pigeons on the roof of their residences for their own consumption and as a source of extra income.

Despite avian flu mainly being a disease of poultry, it has also infected 171 people, killing 93 of them, and is steadily mutating. If it acquires the ability to pass easily from person to person it could cause a pandemic that might kill millions.

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Experience Prom With Your Circle Of Friends With Cheap Party Bus Pittsburgh}

Submitted by: Iris K. Allen

Prom isnt all about couples; circles of friends often attend the event together. This arrangement eases the financial burden of transportation as well as providing cover for the extreme pressure to conform during prom. Moreover, its simply a great way to enjoy yourself with all of your friends. Cheap Party Buses in Pittsburgh make this arrangement possible.

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Getting kids from home to prom and back again sounds easy, but anyone who has driven a group of teens knows differently. We provide transportation that allows kids to stay together as well as the chauffeured service to protect them. Check out Pittsburgh Party Bus Rates, and youll find that we offer an affordable solution to prom transport issues. Our fleet is varied but cared for well, and we have comprehensive insurance on all machines. Moreover, our drivers are trained and experienced; theyre accustomed to focusing on the road and tuning out the distractions posed by rambunctious teens headed to prom.

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As you attend prom, enjoy it. Choosing professional prom transport allows you to enjoy yourself while we deal with the hard stuff related to travel. Give us your schedule, and your ride will be effortless. With the fun bus provided, your ride will become part of prom as you celebrate with your closest friends and our drug tested and background verified chauffeurs handle traffic, parking, and scheduling.

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Prom isnt all about couples; circles of friends often attend the event together. This arrangement eases the financial burden of transportation as well as providing cover for the extreme pressure to conform during prom. Moreover, its simply a great way to enjoy yourself with all of your friends. Cheap Party Buses in Pittsburgh make this arrangement possible.

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Getting kids from home to prom and back again sounds easy, but anyone who has driven a group of teens knows differently. We provide transportation that allows kids to stay together as well as the chauffeured service to protect them. Check out Pittsburgh Party Bus Rates, and youll find that we offer an affordable solution to prom transport issues. Our fleet is varied but cared for well, and we have comprehensive insurance on all machines. Moreover, our drivers are trained and experienced; theyre accustomed to focusing on the road and tuning out the distractions posed by rambunctious teens headed to prom.

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Doctor Who returns as UK Saturday night timeslot lord

Sunday, March 27, 2005

After almost a decade off the air, the science fiction television series Doctor Who returned with new episodes to BBC airwaves on Saturday night, drawing a large audience.

Starring movie actor Christopher Eccleston, the ninth actor cast to play the Doctor, as the newly reincarnated Time Lord, the new series showed off a bigger budget with expensive special effects and a much darker — and sexier — tone. The new star and series got a blessing from actor Sylvester McCoy, who played the Doctor in the 1980s.

“I am very envious about not being in it. The writing is terrific and the toys they play with are much more sophisticated than they were in my day,” McCoy wrote in a column for BBC News. “My only criticism was about the TARDIS. It was far too clean. It needs to look a bit more battered and bruised as if it’s been through the odd asteroid or two,” he said.

The Doctor’s new sidekick is played by Billie Piper, whose marriage to Chris Evans ended during filming.

“We’re pleased so many people sat down as a family to watch the return of the Doctor,” a spokesperson said. Families apparently sat down in droves. Preliminary ratings figures show Who wooing 10.5 million viewers at its peak, or more than 44 percent of all television households in the United Kingdom, for the debut episode.

This made it the most-watched show of the evening, easily outpacing second-place Ant and Dec’s Saturday Night Takeaway on ITV, which attracted an average of 7.2 million households.

The series will run for another twelve episodes.

One of the longest-running dramas in British history, Doctor Who has been airing sporadically since its debut in 1963. Ironically, the series cancellation in 1989 was due to low ratings.

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Dell joins Microsoft-Nortel VoIP Team

Saturday, October 20, 2007

Dell Inc. announced on Tuesday that it will partner up with the Microsoft-Nortel Innovative communications alliance (ICA) team to sell Unified Communications and VoIP products.

The announcement on Tuesday the 16th of October 2007 includes Dell selling VoIP, data and wireless networking products from Nortel and the Microsoft Office Communications Server 2007 and other unified communications products.

The partnership with both manufacturers should allow Dell to provide a pre-integrated solution.

In March 2007, competitors IBM and Cisco announced they would join in the competition for developing unified communications applications and the development of open technologies around the unified communications and collaboration (UC2) client platform an application programming interfaces (APIs) offered by IBM as a subset of Lotus Sametime.

“We want to make it simple for our customers to deploy unified communications so their end users can get access to all their messages in one place – whether its e-mail, phone or mobile device. This will pave the way for more business-ready productivity tools,” said vice president of solutions, Dell Product Group, Rick Becker.

  • Customers have four options:
    • Core Office Communication Server 2007 – provides instant messaging and on-premise Microsoft Live Meeting.
    • Office Communication Server: Telephony – enables call routing tracking and management, VoIP gateway and public branch exchange (PBX) integration.
    • Audio and Video Conferencing – allows point-to-point conference, video conference and VoIP audio conference.
    • Exchange Unified Messaging – provides voicemail, e-mail and fax in Microsoft Outlook, and anywhere access of Microsoft Outlook Inbox and Calendar.
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Wikinews interviews U.S. Libertarian Party potential presidential candidate R.J. Harris

Friday, June 17, 2011

R.J. Harris, a potential candidate for the U.S. Libertarian Party’s presidential nomination, took some time to speak with Accredited Wikinews Reporter William Saturn about his campaign and issues positions.

Harris is an officer in the United States Army National Guard, currently serving in Afghanistan. He is also in his third year as a law student at the University of Oklahoma College of Law. Harris previously worked as an Air Traffic Controller and small business owner. He plans to enter the race in September after completing his tour in Afghanistan.

Others seeking the nomination include Libertarian activist R. Lee Wrights, radio host Jim Duensing, former Nevada Libertarian Party chair Jim Burns, marketing executive Roger Gary and attorney Carl Person. 2008 Vice presidential nominee Wayne Allyn Root is also expected to make a run.

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