Author Bio

Are you looking to earn a quick buck? No need to trip over small children or fellow pip chasers, because all Currensee members are getting an extra 10 Bonus Bucks to spend in the Currensee Marketplace as part of our Bucksapalooza extravaganza. The Pips of Currensee are fans of free Bucks and tacky names, and thought there was no better way to kick off this [sticky] summer than to give back to the traders that give us a reason to come to work every day.

To the skeptics and party poopers, here’s the not-so-fine print you’re all waiting for:

• You get 10 Bonus Bucks. Really, they’re free. You don’t owe us your firstborn, but we do enjoy homemade soufflés.
• Spend your Bonus Bucks and other Bucks you’ve earned by participating on Currensee.com towards purchases in the Currensee Marketplace.
• Your 10 Bonus Bucks and this offer will self-destruct on Wednesday, June 30, 2010. On Thursday you will wake up a refreshed individual minus those 10 Bonus Bucks if you haven’t spent them.

Why are we doing this? Well, the obvious answer is because we’re awesome. But the real reason is because we’re always riding our high-horse about real traders, real trades, real time, and it’s time to give back with real rewards. We’ve really pulled out all the stops so you can get your Buck’s worth. Choose from live trade planning webinars, daily newsletters from our Chief Market Analyst, a Thomson Reuters trading widget, and more. In fact, if you’re reading this your Currensee Bonus Bucks are waiting. Quit reading about it and go spend your free money!

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

Author Bio

Some people learn by reading books, some by doing, and some by watching or listening.  This Thursday, Currensee is presenting another opportunity to learn from a Forex pro by watching and listening to live trading.  We’re thrilled to welcome Willie Guevara of YourTradingRoom and the 4XLosAngeles group on Thursday, May 13 at 8:30am New York time for a session called “Momentum Trading Live with Willie Guevara“  It’s $9.95 but there’s a hefty discount for blog readers on that link, and Currensee members can get in free – the link is posted in the community.

I met Willie not too long ago when I presented Currensee to his 4XLA group, and I can attest the he’s a good guy and a great presenter..  In this webinar he’ll show us his breakout strategy and illuminate ways in which the London session is different from the others.  And as usual, all registrants will get an exclusive special deal on a YourTradingRoom product via the Currensee marketplace.  We hope to see you there!

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

Author Bio

I wish I could tell you which way the dollar was going to move this week, but I can tell you two things that are certain to happen on Friday:  the Fed will announce the April Non-Farm Payrolls number and Currensee will present a live trading webinar featuring trader Alex Kazmarck of SpotEuro.  The Fed drops the number at 8:30 Washington time and the webinar starts half an hour before at 8:00am sharp, US Eastern time.

As before, the webinar is free for Currensee members.  It’s $9.95 for the general public, and readers of this here blog get $5 off at this special link.  We hope you can join us. Space is limited.

The consensus forecast as of this writing is for net gain of 197k jobs, the biggest gain in quite some time, but the consensus has been wide of the mark in the past.  The January number, announced in early February, was forecast for a gain of 10k, announced at a loss of 20k and later revised downward to a total loss of 26k jobs.  Last month the forecast called for a gain of 185k but only 162k materialized.  The Good Friday holiday and a UK bank holiday muted the market’s reaction, but there are no such obstacles this month.

The EUR/USD has been on a downswing lately with the Greek kerfuffle and whatnot, and strength in the US employment picture traditionally points to weakness in the pair, but good news that’s not good enough can have the same effect as bad news.  Join us Friday morning and watch a pro trader set up for the announcement and follow the trading action live.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

Author Bio

Are you making the most out of your trading? Have all the efforts that you have placed into learning about trading and about foreign exchange paying off? For many of us we have devoted countless time and energies spent on learning the intricacies of the currency markets, learning technical analysis and maybe even building our own custom indicators. If you have gone to that extent then your expectations should be for profitable trade.

In too many cases though traders are being too conservative when they close their trades, often times well before their initially targeted take-profit level. Do not worry if you are not fully capitalizing on your trades. You will not be the first as this happens to be a time-tested conundrum, as the saying goes ‘most traders close their profitable trades too early and hold to their losing trades too long’.

The fact is that you love trading and especially trading foreign exchange. Foreign exchange offers opportunities that other markets do not. This includes being a highly liquid market that is open continuously 5 ½ days per week. Compare that to other markets that utilize exchanges and have their hours dictated to them. Because of those limited trading hours market-makers have to adjust prices ‘according to market conditions’ which therefore creates more gaps in prices than forex traders have ever seen.

If you feel that your trading could use a boost then why not seek it out. There are many easy ways to do this and people are eager to lend a hand as well. For example this Friday is when the US releases the Employment report for March. Currently the consensus expectations on Wall Street are for job creation to the tune of +187k jobs. This is quite a reversal of the last 2+ years in the US therefore you should expect quite a reaction. Currensee will be hosting a webinar with SpotEuro on how they would trade Friday’s market. For more information please visit: http://nonfarm.eventbrite.com/. The cost is only $10.

That is not the only tier-I economic release this week as Japan’s Tankan is out with the next quarter commencing. That means that it is also month-end and after a large run-up in stocks during this past month the question should be asked how will this impact risk-taking during the course of this week?

In the Marketplace section on Currensee there are multiple offerings for traders of various skill levels. The Marketplace is listed on the tab at the top of the page in the center. Among the categories listed are ‘For Newbies’, ‘Coaching’, ‘Education’ and many more listings where for a fair price you can receive professional assistance in improving your trade.

The key question here is it worth the money? The next time that you close a trade prematurely or let your trade run through its stop-loss level then you’ll wish that you had spent the money on coaching instead. If you are looking to give your trading a boost then seek some assistance. As they say there is no time better than the present. One look at the global economic calendar and it is obvious of the potential for trading profits this week and in the weeks ahead. Take your trading to the next level and maximize your opportunities.

This report is for your information only and does not constitute investment or business advice or an offer to buy or sell securities.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

Author Bio

Currensee member, Thomson Reuters IFR Markets analyst and frequent Forex blogger John Forman has a nice post up today at Forex Magnates called “So You Want Free Forex Stuff?”  You can – and should – read the whole thing, but here are John’s main points, well worth contemplating for any purchase, Forex or otherwise:

• Think like a pro
• Remember that your time is an expense
• Know the value of what you’re getting

What are your favorite – or least favorite – Forex purchases lately?  We think we have a pretty good lineup in the Currensee marketplace, but we’d love to hear from you about the stuff you buy or get for free that’s been helpful in your trading.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.

Author Bio

Last month, veteran Forex trader and educator Toni Hansen graced the Currensee Forex webinar stage for a presentation called “Is the Trend Your Friend?” and tomorrow, Wednesday December 9 at 8:00pm Eastern time, she’ll be appearing over at MBT University giving a similar session on Forex Market Timing. We hope you can join us for this free Forex webinar – it’s bound to be enlightening and entertaining, and if past Currensee Forex webinars like those featuring John Forman, Barak Sekeles, Rami Katzir, Simit Patel, Boris Schlossberg, Jamie Coleman and Shaun Downey, are any indication, there might be a special Currensee marketplace offer for attendees, too…Continue Reading

Author Bio

It’s another exciting step for us here at Currensee world headquarters in Boston. We announced our public beta last month and, at the same time, released the rewards program and Marketplace in private beta to members-only. We’ve been testing new features, products and services and gaining valuable feedback from our members and we’re now ready to let all of you Forex traders out there know about this rewarding, members-only program.

First off, we are giving back to our members in the form of Currensee Bucks. Think of it as our way to say “thank you” to our members. You can earn Bucks by referring friends, creating discussions and polls and participating in the Currensee trader network. You can also earn recurring Bucks by making Currensee your Introducing Broker and receiving Bucks every time you trade. Now that’s a gift that keeps on giving. The great thing about Currensee Bucks is that you can use them right away to purchase a variety of great Forex products and services in the Currensee Marketplace.

Now, let me tell you a bit about the Currensee Marketplace. I’ve heard from traders on a pretty regular basis that they want a trusted source for Forex products and services. They ask me and other members for recommendations on education, training and are looking for reputable people to buy from. We built the Marketplace to meet this need. Think of it as the one place you can go for unique products and services, discounted pricing and, above all, trustworthy experts in the industry who have great products to sell. Even better, you can use your earned Bucks to buy everything from a trading set-ups newsletter to one-on-one coaching.

As a special promotion for our launch, we are offering any traders who join today through November 30, 2009, 30 Bonus Bucks when they join. You can use your Bonus Bucks to buy a variety of products in the Marketplace – our gift to you for joining the Currensee trader network. Tell your friends and get an additional 25 Bucks when they join! Here’s the link to the special promotion: www.currensee.com/bonusbucks.

We’ll be adding a steady stream of new products and services to the Marketplace. Have ideas or suggestions? Would love to hear from you.

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Be sure to read the full risk disclosure before trading Forex. Please note that Forex trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading. Performance, strategies and charts shown are not necessarily predictive of any particular result. And, as always, past performance is no indication of future results.