You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
If you have any problems with the registration process or your account login, please contact us.
taioda, though all our accounts are dollar ones, you can do the following thing: you can open a new electronic purse in euro and deposit into your LiteForex trading account via your euro purse - the currencies will be converted, which would allow you, we may say, "euro account"
Dear taioda, when you trade it's your choice which "tools" you use, but please pay attention to the fact that these "tools" should not break the terms of the Agreement you accepted when started trading
The problem with some people and some professional Technical Analyst today ( being a Technical Analyst myself follower) is that they use the Technical studies as if, it were the \"Holy Grail\" of trading & their pathway to the millions. Though real traders do need to use any analysis at all - just monitor the market and respond faster than the vast majority does
Yes, there are a number of such things in our company. For example this one: 'LiteForex gives out $1000 into the safe hands'. You can find more detais on how to get $1000 on our website.
eur/usd, wekly schedule.
Trend upwards. Price above the clouds Ishimoku, Tenkan above Kijun, Chinkou span higher prices. In the situation, selling might be dangerous and unprofitable, better to buy on price rollbacks.
Price rose next, a rather strong resistance line, which was a support line since January 2002. The first test breaking this line a couple of weeks ago was not successful, the price pushed off and jumped back a little. V now formed a triangle, a breakthrough line of the triangle in which either side will determine the future direction of this pair.
__________________
Best regards, Michael Kurakin
representative LiteForex Group
In addition (based on different sources):
It seems nowadays hopes of many analysts who in 2008 claimed China will be the first to surmount the world financial crisis come true. The export squeeze was to a considerable degree made up by an artificial increase in public and government spending.
Chinese government stimulus program of amount no less than total 585 bln. dollars favored some economic recovery - in the first quarter 2009 the official GDP rose by 6,1 per cent.
Domestic demand also showed some significant signs of increase. These have been achieved using two major methods: direct government investment and sponsored bank loans, particularly public loans. Investors also turned their heads to China: Chinese major indices performed sharp growth as well. Capital inflow caused increase in gold and foreign currency reserves to highest level of 2,132 billion dollars.
But current Chinese economic revival has some specific features engendering serious doubts in its quality, that in time another collapse will replace the upturn. It is reported that meanwhile GDP rises; the country faces shortage in electricity consumption. When economy performs GDP increase and at the same time electricity consumption decline, that implies dramatic changes in economy structure at the expense of restoring or changing to less-consuming economy sectors.
In fact, it is plain to see that there is slightly any “real” recovery started in 2008. Nowadays foreign demand is being replaced with domestic demand forced by the government – GDP does not leave out of account governmental spending, i.e. investments that will barely ever repaid.
The upcoming forced by cash pumping economic boom also seems to be groundless. Consumption increases owing to great mass loans, which of itself means growth encouraged by preferential loan government program. Tremendous boom might soon become a dramatic downfall.
Another USD's rival -GBP. Recovery in the UKhas shimmered on the horizon but turned out to be a mirage yet, though the output stabilised and consumer prices grew, labour market turnaround from unemployment. But that was the effect of governmental spending program, which now endangers the inflation rate and the exchange rate of the pound, however the situation may turn bad in case the UK government stops the program, which it is unwilling to do, so there are some expectations concerning the rise of GBP in the near future
·
·
·
·
·
· 
·
Hybrid Mode
