Video

This May, Currensee presented at Finovate 2011 in San Francisco, California. Currensee's CEO, Dave Lemont knocked it out of the park with a killer presentation and a packed house. Watch the video below or click here to view it on our website. Thank you for having us Finovate!

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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. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

We had some great questions last week on our Facebook Fan Page around Fibonacci retracements. In the video below, Shaun Downey goes into great detail the concept behind trading forex using Fibonacci retracements. Shaun explains common fibonacci ratios used as well as methodology and strategy. At the end of the video, Shaun analyzes and applies Fibonacci retracements to a EUR/USD chart.

If you are new to forex trading or would like a good overview of how traders are using Fibonacci retracements, take a few minutes and watch Shaun's video. If you prefer Elliott Wave analysis, we have that covered too. Join us for our Elliott Wave Webinar on Thursday, March 18th at 3 PM EDT. Enjoy!

For better quality, Watch on Facebook.

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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.

1 Comment

Last week, Currensee was honored to present veteran trader and educator Toni Hansen in an informational Webinar called, "Is the Trend Your Friend?" in which she gave the eager audience of hundreds of Forex traders an entertaining and contrarian view of some common Forex trading strategies. Watch a short clip here:

After the presentation, Toni took some questions from the audience and talked about her Market Timing course.  You can learn more about Toni's webinar and see other Currensee Forex webinars featuring Jamie Coleman, Shaun Downey, John Forman, and Boris Schlossberg at www.currensee.com/webinars.  We're always looking for ideas for topics and speakers, so drop us a line with your ideas!

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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.

This week, we launched our latest response to our salacious Wii Hula Video. We really pulled out the stops this time and decided to include a more artful ending.

In case you missed the controversy, we started with our first video titled Wii Hula, which was met with a bevy of commentary from traders around the world.

So, we decided to get a little more serious and included a well-played economic debate.

As if that wasn't enough, we decided to get a bit more refined and include a more artful ending. Who doesn't love a good paper-mâché sculpture?

No one said currency videos had to be full of charts, graphs, talking heads and trading screens. We hope you enjoy our fun and creative approach to Forex trading and share our love for the art of all things Forex.

Do tell...what's your favorite video?

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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.

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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. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

3 Comments

What do these three Forex experts have in common? Not much. That's what makes it so interesting when you can corral these guys and ask them about juicy topics like the outlook for USD/JPY, the G-20 and the emotion of trading.

Jamie Coleman Shaun Downey Boris Schlossberg

This week, I had the pleasure of moderating a panel with Jamie Coleman from FXLive, Shaun Downey from iTraders and Boris Schlossberg from GFT. We picked a controversial topic - Forex Sentiment & Volume - two pieces of the puzzle that keep Forex traders searching for tips and tricks to the secret sauce. It started out with an interesting poll that really highlighted the entire issue. Before the webinar, we polled our experts on their outlook for the USD/JPY - long, short or hold. We also polled the hundreds of webinar attendees with the same question. Then, we looked at what the Currensee social trading network was doing on that pair at that time. The results?

Everyone had different opinions. The experts said long, the audience said short and the Currensee network was long but those who were short were actually winning on their trades. So what's a trader to do? The experts had a great debate on the merits of sentiment and the wisdom of the crowds. They agreed that how wise the crowd is depends a lot on which crowd you're talking about.

We then moved on and talked about volume and asked the traders how they look at volume. We'll post a clip from this discussion later on, but for now it should suffice to say there were some differing opinions on the value - or even the existence - of this measurement in Forex markets.

We even covered the price of gold, a question Boris hates, and the G-20, the one place where everyone pretty much agreed that the dollar will remain the world reserve currency for some period of time (phew). We had very interactive Q&A, including an interesting question on Forex collaboration. A trader asked the panelists about whether they collaborate on trades and if it works. Boris quickly jumped in and discussed his approach with trading partner, Kathy Lien. He talked about how they make all of their trade decisions together and stick by the decisions they make - good, bad or ugly. He shared the power of working together to come up with smart trading ideas and how Forex trading is changing with access to new information and tools. We couldn't have ended the session on a higher note.

Another Currensee Expert Panel is in the works for November. If you have questions you'd like ask, topics you'd like us to consider or panelists you think would be great to add, please submit a comment here and let us know. Have a listen to the experts. I hope you learn a few new things, I certainly did.

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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.

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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. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

4 Comments

A friend referred me to this video on CNN where a TV host is trying to convince a caller that his parents are being taken in by  financial scam after someone offered them to double their money every month by trading Forex. The financial world in general and the Forex space in particular is very appealing to people's weaker impulses when they hope to achieve the dream of making money without working.  It's a lot like those express diets that attract the people who want to lose weight without breaking a sweat.

So here is a little shot of reality: Professional traders in banks or other funds usually go through at least one year of training before they are allowed to touch the bank’s or its clients' money. So don’t expect to master the domain in a shorter or even similar time frame. A very high return from any sustainable investment activity is never over 3% a month, which annualized is about 42% and also means that you are doubling your money every two years - which is beyond excellent return.

Assuming you need $100k a year to live you would need to trade with a $250k Forex account.  If you want to get to a $250k account and you are starting with a $10k account, it will take you nine years to get there, assuming nine years of consistently high returns.  Anyone else who says differently is either lying or trying to sell you something. Maybe both.

A good rule of thumb in life and in Forex markets is that if something sounds too good to be true, it probably is.

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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.

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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. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

2 Comments

Well I guess the Currensee marketing department is up to their old tricks again. Naughty must be in their genes. I took the team to task on our last, shall we say, “provocative” ending for our video Currensee.com: Forex Trading and asked the team to develop an ending that was more in line with the serious financial research and analysis bent of our Currensee community. Please let me know if you think we got this one right. http://www.currensee.com/itsabeautifulthing/

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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.

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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. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.

2 Comments

Our Marketing department has been naughty. Very naughty.

I asked them to 'get creative' on how to tell the message about Currensee and the benefits of trading together. The result? Let's just say there's a bundle of creativity in what they came up with.

Introducing our new video, Currensee.com: Forex Trading, It's a Beautiful Thing.

Here at Currensee, we are changing the Forex game and our video shows the fun and innovative side of this exciting market we love. Some people say "It's not work if you're having fun." We say "It's only fun if you love what you do."

I hope you have as much fun watching the video as we had producing it.

Happy viewing. :)

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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.

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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. Investor returns may vary from Trade Leader returns based on slippage, fees, broker spreads, volatility or other market conditions.