Seoul faces Forex policy dilemma

forexKorea faces a dilemma as its foreign exchange policy is emerging as a source of tension with the U.S. leading up to the much-anticipated rate hike by the Federal Reserve. Tension is expected to escalate further in the coming months once the Fed starts liftoff at the Dec. 15-16 meeting, which will complicate Korea’s currency decisions.… Read More…


Yuan and SDR: a welcome change for China and world

Yuan Chinese currencyBEIJING – With the International Monetary Fund (IMF) including the yuan in an elite reserve currency basket, the Chinese currency ascended to the heart of global finance in a move that should be welcomed by both China and the rest of the world. It’s hard to overestimate the significance of the decision, a landmark recognition of… Read More…

Won-yuan traders to use direct exchange rate

From January, Korean traders of the Chinese yuan will apply direct won-yuan exchange rates set at currency markets, instead of using arbitrated rates with the U.S. dollar as an in-between, officials said Wednesday. Since the won-yuan direct trading market opened here a year ago, average daily trading volume has grown to $2 billion, reflecting Korean businesses’… Read More…

Jarratt Davis, World Famous Forex Trader, Offering One-On-One Training in Consulting Programme

LONDON, Nov. 25, 2015 /PRNewswire/ — Jarratt Davis, one of the world’s most reputable forex traders, is giving professional fund managers and high net worth individuals the chance to take their careers to the next level with a one-on-one consulting programme. Jarratt Davis has launched a comprehensive consulting offer, as he wants high net worth individuals… Read More…

Using the Forex trading Grid Technique – Learn How To Do It

In this article we will explain the most important part of how to make money using the no stop, hedged, Forex trading strategy

In the preceding articles in this series we reviewed trading without stops, not being concerned about which way the price moves and places to cash in on profitable transactions. We are now going to show how you would make money buying and selling simultaneously using the grid strategy.

The no stop, hedged currency trading grid system uses the rule that one should be able to close a transaction at a gain no matter which way the market moves. The only way this is logically possible is that one would have a buy and a sell transaction active simultaneously. Most traders will say that doing this is not recommended but let’s look at this in more detail. Read More…


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