So, what is pyramiding in forex? Pyramiding is adding to positions as price moves in the desired trend direction. An investor who is pyramiding uses excess margin from the increasing price of a security in his/her portfolio in order to purchase more of the same security. Pyramiding is generally a slow method of increasing one’s position size as the margin increases will permit successively smaller purchases. Pyramiding is useful as well as profitable if the trend goes by your side but also it may cause losses in case of reversing of the forex trends.
There are several types of pyramiding techniques and strategies available which if you understand and use can ensure you good profits. (more…)
December 2, 2009
Pyramiding in forex and its types
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October 2, 2009
Changes That Led To the Evolution Of Forex Rates
During the concluding stages of the World War II, USA had come forward with a proposal in July 1944 so as to announce the acceptance of the Bretton Woods agreement. John Maynard Keynes had suggested for building a new system, which mentioned the US dollar to be the new world reserve currency. But then the Bretton Woods Conference turned down this suggestion. Other foreign global institutions like The World Bank, The IMF and the GATT (General Agreement on Tariffs and Trade) were the successful launches after the devastating war. These institutions employed the operational practices that found a way in curbing the economic crisis as the financial reserves weakening was the root cause of the war. (more…)
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September 7, 2009
TOP PERFORMING FOREX CURRENCIES
There are many forex currencies playing their role in the Forex exchange market, but besides them there are some major players playing their lead role in the FX market. About 90 % of the forex market is occupied by these currencies. These currencies have been presented below:- (more…)
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