Posts Tagged ‘Forex’

Does Toyota engage in any forex forward contracts/swaps to hedge against rising Yen?

Sunday, January 29th, 2012

Question by : Does Toyota engage in any forex forward contracts/swaps to hedge against rising Yen?

Best answer:

Answer by Jim Z
Possibly, but very unlikely. They invest in other ways. They like any corporation need money for liquidity.

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FOREX Investment is not available in India Why ?

Saturday, January 28th, 2012

Question by tiju_9845862621: FOREX Investment is not available in India Why ?
I want forex investment but I am in India .. Forex investment only some countries expect India . Is true fast return amont of Forex Investment ? I visited Forex marketing website that is wonderfully . I want that Return money come back to me very fast after few days or few months . I have difficult to investing amount in Forex Investment .. I have not credit card .. What i do for Forex Investment . i will apply Reliance company for Investmet. If i invested Rs 3500 for 3 yrs , 181.6 % . after 3 yrs , Return money around rs 40000 above . if You do know it , pl explain .

Best answer:

Answer by flying_eagle
Forex Trading may not be available in India probably because of financial laws governing your country. If you did have a credit card you may use one of the international companies who accept credit cards for forex trading. You can apply for a virtual credit card account at ePassporte.

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Did you apply trade signals for trading on Forex?

Saturday, January 28th, 2012

Question by maxatkur83: Did you apply trade signals for trading on Forex?
Was it profitable?

Best answer:

Answer by Guided
Yes! Definitely!

If you go to any FOREX site, you would be able to see that most of these sites do offer FREE Technical Analysis Report, Daily Outlook or Trading Strategies. Use them! It works. You just need to ensure you follow this three conditions:

1-Open three different sites and look at the report. If 2 out of 3 or all 3 says Buy or Sell and having the same Enter and Exit targets, use it!

2-Wait for the price to reach or touch the Entry price mentioned in the report for that particular pair!

3-Ensure that the time the report was issued is synchronized with your local time!

You do need some basic understanding of some indicators though. If you can, trade with this FREE signals and why not open another account and trade without these signals! Diversify. You may also opt for automated software. However, this is not for newbies!

Happy posting and making money with the FREE signals! Yes!

Haneef Yusoff
www.forexreviewportal.com

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Deduct losses in FOREX?

Thursday, January 26th, 2012

Question by BOB N: Deduct losses in FOREX?
I have a Forex Account with GFT. I have losses for the 2008 tax year. Are these deductible for ordinary income? And where and how would I deduct these losses?

Best answer:

Answer by hrblockerrolquinn
Dear Bob: FOREX trading is very similar to stock trading in the eyes of the IRS. Unless you are a certified day trader you will report your transactions on Sch. D, and be limited to a capital loss of $ 3000 with the ability of carrying forward any unused losses.
This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provide. Click on my profile to read more.
Errol Quinn Enrolled Agent Master Tax Advisor

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What is best book and best course to learn FOREX trading?

Wednesday, January 25th, 2012

Question by : What is best book and best course to learn FOREX trading?
There are many courses with many claims, how does one pick the ne best for me?

Best answer:

Answer by JonLuc
The best book/system in my opinion is “High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets” by Robert C. Miner

He details not only the rationale behind his system, but also outlines very practical steps to do so. For those who wish, he also has software that you could buy if you wish.

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