Posts Tagged ‘This’

“cutting down on foreign exchange” is the correct term in this context?

August 17th, 2010

Question by Misterious: “cutting down on foreign exchange” is the correct term in this context?
Biofuel production can also contribute to stimulating the development of rural areas, creating new jobs and CUTTING DOWN ON FOREIGN EXCHANGE.

Best answer:

Answer by Bob
I think you mean “reducing dependency on foreign revenue sources.” or
“reducing spending on foreign goods and services.” or even “improving reliance on domestic [or internal] means of production and sustainability.”

What do you think? Answer below!

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Globex Foreign Exchange Expands Again – This Time at Head Office Located in Heart of Downtown Edmonton, Alberta

August 16th, 2010


Edmonton, AB (PRWEB) February 21, 2008

Globex Foreign Exchange expands again! This time at head office located in the heart of downtown Edmonton, Alberta.

Recent growth had Co-Presidents Michael & Clive Oshry requiring more space. The company now fully occupies the entire Kershaw building on Edmonton’s bustling Jasper Ave. The renovations for this 100 year old building were swift and effective. After starting the expansion in early October, six short weeks later a former record store was completely transformed into an open and fresh working environment for twenty new employees. “The new space helps to streamline communication between departments and improve the efficiency of our document and information flow.” – Co-President Clive Oshry.

Realizing the need for specialists in the Foreign Currency Exchange markets around the world, Globex keeps expanding. 2006 saw Globex become an international company with offices opening in London, England and Auckland, New Zealand. Increased global transactions in Sydney, Australia recently had Globex’s staff grow to nearly 200 employees. Globex is poised to continue moving forward by having the best foreign currency exchange rates in the world, along with its unparalleled customer service.

Globex Foreign Exchange continues to grow and offer the best foreign exchange rates in the world for both Corporate and large scale individual transactions.

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for an experienced Forex trader : is this all “booked” or there is something real?

August 10th, 2010

Question by Arnold: for an experienced Forex trader : is this all “booked” or there is something real?
I used to trade Forex when I made a $ 35K from $ 7K and then lost it all.
I see a total difference in the approach with the same broker – now and then
Earlier I could make money & now any kind of Trade gets automatically stopped out.
I wonder if there is a catch and the whole MT4 software is “gamed” .
In the sense that – on lower time frames , if your broker takes positions against you or goes stop hunting , none of that need reflect on higher time frames.
But if you trade on higher time frames , you will get stopped out by your broker on lower ones and they can easily hide it.
E.g. if there is a Spike that stops me out in M5 ( MT4 platform )
that spike is nowhere to be seen on M30 , H1.
Because there is no way we can verify that the spikes of M1 actually add and make the picture that we see ( the “zoom out” or gross view ) on M30 and so on.
Is this just trader paranoia that he is failing because of broker manipulation ? or there is some truth to it …..
Is it possible to make the tonnage you dream of in Forex with education or your going to be logger heads with broker manipulation all the time.
If Forex is broker manipulated then are there situations where you and the broker can both make money or for the most – the broker is only interested in tanking your ac ?

Best answer:

Answer by agent4927
I don’t think any broker can deliberately rig trades to that extent – have you tried using a different broker?

Spikes happen, but not on every trade. If you are trading in the US time zone then liquidity is a problem, look at the link with wall street and the way the pairs mirror that for most of the trading session.

If however you are attempting to trade using a bot – then your broker will eventually pick up on that, or the market will if enough people are attempting the same system.

What do you think? Answer below!

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FOREXVortal.com, Created by Major FOREX and Financial Market CEOs was Released in Beta Version This Morning and is Expected to Become the Face of the FOREX World

August 7th, 2010

New York, NY (PRWEB) August 31, 2005

FOREXVortal.com, a highly anticipated vertical portal – created by major FOREX and Financial market CEOs –with multilingual directories and multilingual search engine capabilities was released in beta version this morning and is expected to become the face of the FOREX world — acting as a single, user-friendly guide into Foreign Exchange Trading for newbies as well as seasoned professionals.

FOREXVortal.com offers everything FOREX related from chat forums, platforms, free practice accounts, FOREX firms, real time FOREX charts, and live news feeds in multiple languages to help foreign exchange traders overcome language and cultural barriers and attain local market information from around the world.

The concept of FOREXVortal.com was developed during a meeting between major FOREX CEOs, leaders in Financial Markets and marketing masterminds, after acknowledging a tremendous hurdle FOREX companies and investors have had interacting and trading with each other: cultural and lingual barriers.

Bob Stein, Vice President of Act FOREX, one of the first FOREX software corporations in the world, and also one of the founders of FOREXVortal.com said “Language and cultural barriers have always been a hindrance to Foreign Exchange Trading. Overcoming such obstacles proves to be both expensive and difficult. Vortal.com is the solution to all problems FOREX companies have faced in attaining new clients from foreign countries who speak multiple languages.”

FOREXVortal.com’s mission is to connect FOREX firms with new clients from around the world that were once considered difficult to accessible due to language and cultural barriers. FOREXVortal.com breaks all boundaries FOREX firms have experienced in the past, and will act as a lead-originating platform, drawing consumers and those interested in FOREX around the world through multilingualism, a deep understanding of cultures, and carefully selected worldwide placement.

A problem Universal Engine quickly addressed was how FOREX firms and brokers would be able to handle incoming traffic and leads from multiple countries in multiple languages, developing customizable multilingual CRM software, which allows brokers to communicate in over 65 language-to-language options using their native tongue via automatic chat and email translation.

“FOREXVortal.com has been created to aide FOREX firms in connecting with new clients from around the world that were once almost inaccessible due to language and cultural barriers.” said Nickolas Hoog, Vice President of Universal Engine. “FOREXVortal.com breaks down boundaries FOREX firms have experienced in the past, and will act as a lead-originating platform, drawing consumers and those interested in FOREX through its multilingual, multinational technology. FOREXVortal.com helps investors understand and connect with FOREX and Trading Institutions in a way no other vertical portal can.”

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More Forex Companies Press Releases

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How’s this one world currency thing gonna work?

May 23rd, 2010

Question by Nicole: How’s this one world currency thing gonna work?
OK so today i heard about some meeting with a bunch of important people and it had something to do with them meeting about the failing economy and about a one world currency. And i heard that they want to start the one world currency thing in 2010. Well that’s good and all but how do we get money if we still have our current money? And what are they going to do with all of the useless money that’s going to be there?

Best answer:

Answer by mary z
It is not good. For instance why should America tell Australia how their economy should be controlled or vice versa. George Washington stated that the downfall of the US would be entangling alliances with other countries… we should have taken his advice to heart. PS.. when you ask a question like that you should put a link with your source.

Add your own answer in the comments!

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