_______


The most expensive words in Google AdSense









-----------------------------------------------------





No. High Keywords CPC ($)

1. Purchase Structured Settlements ñ 53.48

2. Mesothelioma Lawyers San Diego ñ 51.47

3. Secured Loan Calculator ñ 51.35

4. Structured Settlement Investments ñ 50.45

5. Endowment Selling ñ 50.35

6. Mesothelioma Patients ñ 50.23

7. Mesothelioma attorney san diego ñ 50.07

8. Austin Texas dwi lawyers ñ 50.03

9. New York Mesothelioma Lawyers ñ 50.01

10. Phoenix dui lawyers ñ 50.01

11. Secured Loans ñ 50.01

12. Insurance Auto ñ 50.00

13. Phoenix dui attorney ñ 50.00

14. car free insurance online quote ñ 50.00

15. students debt consolidation loans ñ 49.96

16. Pennsylvania mesothelioma lawyers ñ 49.87

17. data recovery Denver ñ 49.71

18. adverse credit remortgages ñ 49.56

19. bad credit remortgages ñ 49.47

20. data recovery service los angeles ñ 49.37

21. Consolidating Students Loan ñ 49.30

22. Students Loan Consolidation Rates ñ 49.17

23. Boston dui lawyers ñ 49.02

24. memphis car insurance ñ 48.86

25. conference calling companies ñ 48.64

26. dui attornes los angeles ñ 48.60

27. georgia car accident lawyers ñ 48.36

28. san diego dui defense ñ 48.32

29. Phoenix arizona dui lawyers ñ 48.28

30. Los angeles dwi attorneys ñ 48.20

31. Student Consolidation Loans ñ 48.15

32. free quote for car insurance ñ 48.11

33. irs tax lawyers ñ 48.08

34. nj auto insurance ñ 48.08

35. dui san diego ñ 48.01

36. Los Angeles Criminal Defense Attorney ñ 48.00

37. Consolidating Private Student Loans ñ 47.96

38. Personal Injury Lawyer Chicago ñ 47.83

39. Personal Injury Attorney Pennsylvania ñ 47.82

40. Auto Insurance ñ 47.81

41. Lemon Law California ñ 47.63

42. Students loan consolidation interest rates ñ 47.59

43. Los Angeles Criminal Attorney ñ 47.59

44. Arizona dui Attorney ñ 47.45

45. Consolidation Student Loan ñ 47.44

46. Structured Settlement Buyers ñ 47.31

47. Culinary Schools California ñ 47.10

48. Student Consolidation Loan ñ 47.06

49. Instant Car Insurance Quote ñ 47.00

50. Iva debt help ñ 46.9051. UK home owner loan ñ 46.67

52. endowment policy sales ñ 46.58

53. sell structured Insurance settlements ñ 46.53

54. College Loan Consolidation ñ 46.49

55. dui attorney sacramento ñ 46.48

56. car insurance quotes ñ 46.47

57. Philadelphia personal injury lawyers ñ 46.37

58. Remortgaging ñ 46.20

59. irs tax attorney ñ 46.19

60. Consolidation Student Loan ñ 46.18

61. buyer Structured Settlement ñ 46.17

62. california mesotheloma attorney ñ 46.14

63. home mortgages for bad credit ñ 46.02

64. selling structured settlements ñ 45.96

5. phoenix dui lawyers ñ 45.90

66. sell structured settlement payments ñ 45.72

67. Donate your car ñ 45.56

68. Student loan consolidation ñ 45.46

69. Consolidate School Loans ñ 45.45

70. Injury Lawyers 4 You ñ 45.44

71. homeowner consolidation loans ñ 45.42

72. Colorado Truck Accident Lawyers ñ 45.41

73. Mesothelioma doctor ñ 45.09

74. School Loan Consolidation ñ 45.09

75. dui attorney San Francisco ñ 44.95

76. ny car insurance ñ 44.83

77. Mortgage refinance new jersey ñ 44.77

78. Structured settlement payments ñ 44.43

79. Car Insurance Texas ñ 44.41

80. Virginia Car accidents Lawyers ñ 44.35

81. Raid Data Recovery Services ñ 44.33

82. College loan consolidation ñ 44.28

83. compare car insurance rates ñ 44.14

84. Break down covers ñ 44.14

85. Remortgages Loan ñ 44.05

86. Austin Criminal Attorney ñ 44.14

87. Car Insurance Quotes online ñ 44.14

88. Structured Settlement Consumer Info ñ 44.14

89. Arizona dui lawyers ñ 44.05

90. eloan mortgage ñ 43.98

91. Consolidation of Student Loan ñ 43.95

92. Student Loan Consolidation Calculator ñ 43.94

93. Injury Lawyers 4 You ñ 43.94

94. Managed Hosting Services ñ 43.93

95. Bad Credit Home Equity ñ 43.90

96. Los Angeles Criminal Attorneys ñ 43.88

97. Home improvement loan rates ñ 43.88

98. auto insurance in Michigan ñ 43.79

99. dwi fort worth ñ 43.78

100 Structured Settlement Companies ñ 43.77

Types of Chart

1. Introduction

2. Line Chart

3. Bar Chart

4. Candlestick Chart

Technical Analysis

The Basics of Technical Analysis

1. Support

2. Resistance

3. Trend

4. Channel

5. Double top (reversal formation)

6. Double bottom (reversal formation)

7. Triangle

8. Head and Shoulders

9. Fibonacci

Type of orders

Order validity

1. GTC Orders (Good Til Cancelled)

2. GTF Orders (Good Til Friday)

3. Day Orders

Types of Orders

1. Market Order

2. Limit Order

3. Stop Orders

4. OCO Order (One Cancels the Other)

5. If Done Order

6. Loop Order

Forex Trading Introduction

1. Spot

Definition : Exchange of two currencies at an agreed upon exchange rate for cash delivery. Cash delivery is considered to be two business days, except for the Canadian dollar, which is one business day.

Example :

Today : 8th of December.
Customer X buys EUR/USD 1´000´000.- for spot delivery at 0.9950.
Delivery : 10th of December.

2. Bid/Offer

Bids and Offers are quoted in terms of the base currency. 1 Base unit is how many units of the other currency.

Example :

EUR/USD : 0.9950/54
BID : 0.9950 is where the market maker buys the base currency and the customer sells the base currency.
OFFER : 0.9954 is where the market maker sells the base currency and the customer buys the base currency.

Example of a Spot Transaction :

Customer : "Hi, this is X Customer Reference x, could you show me a spot price in EUR/USD 1´000´000,-- please ?".
Broker : "EUR/USD is 0.9950/54".
Customer : "At 0.9954 I buy 1 Mio EUR ".
Broker : "OK at 0.9954 you bought EUR 1 Mio against USD value 10th of December".

3. Forward Outright

A Foreign Exchange Forward is an exchange of two currencies at a predetermined rate for any date other than spot delivery.

A Forward Outright is a single exchange of two currencies at a predetermined rate for future delivery. (Spot + Forward Points).

Calculation of forward exchange rate is base upon spot and interest rate differentials :
Today : 8th of December 2002 Spot EUR/USD 0.9954 (Value 10th of December)
Customer X buys EUR/USD 1´000´000,-- forward at 0.9942 for 1 month.
Exchange of Currencies on January 10th 2003.

Example of a Forward Outright Quote :

Spot EUR/USD	0.9950/54
1 Month	15 - 12 (Discount)
Forward Outright Quote	0.9935 - 0.9942

Example of a Forward Outright Transaction :

Customer : "Hi, this is X Customer Reference x, could you show me a forward outright price in EUR/USD 1´000´000,-- 1 month please ?".
Broker : "Forward outright EUR/USD 1 month is 0.9935/42".
Customer : "At 0.9942 I buy 1 Mio EUR ".
Broker : "OK at 0.9942 you bought EUR 1 Mio against USD value 10th of January 2003".

4. FX Swap

A Foreign Exchange Forward is an exchange of two currencies at a predetermined rate for any date other than spot delivery.

A FX Swap is an agreement to make an initial exchange of currencies for spot value with a reversal of that exchange at some future date. Differs from a forward outright in that two deliveries take place. Comparable to borrowing or lending.

Example of a FX Swap :

Spot Price	122.75/80
Forward Outright	48/44 (Discount)

Customer : "Hi, this is X customer reference x, Could you please show me a price for a Swap USD/JPY 3 Months please ?".
Broker : "Swap USD/JPY 3 months is -48/-44".
Customer "OK at - 48, I buy and sell 1 Mio USD/JPY".
Broker : "OK you bought 1 Mio USD/JPY at 122.75 value Spot 10th of December 2002 and sold 1 Mio USD/JPY at 122.27 value 10th of March 2003".

Remark : there is no spot exposure on FX SWAP

5. Premium/Discount

Premium/Discount is the interest rate differentials between two currencies.

Premium :

There is a Premium when Swap rate is positive (the Forward rate exceeds a spot rate). This is when the interest rates of the base currency are lower than the second quoted currency-pair.

Example of USD/CAD

US Dollar 3 months Interest rates	1.25 pct
Canadian Dollar 3 months Interest rates	2.75 pct

The Swap USD/CAD 3 months is 54 / 58.

Discount :

There is a Discount when Swap rate is negative (the Forward rate is lower than spot rate). This is when the interest rates of the base currency are higher than the second quoted currency-pair.
Example of EUR/USD

Euro 3 months Interest rates	2.65 pct
US Dollar 3 months Interest rates	1.30 pct

The Swap EUR/USD 3 months is - 38.5 / - 33.

6. Calculating Premium and Discount

Customer wants to sell EUR 3 Mio against USD 3 months forward.

Trade Date	February 11th.
EUR/USD	1.0710/14
USD 3 Month rate	1.25 / 1.35 %
EUR 3 Month rate	2.60 / 2.70 %
Maturity	90 days

How calculate the bid price for EUR/USD 3 months Forward ?

1st Method :
Forward Points = ((Spot * (1 + (OCR rate * n/360))) / (1 + (BCR rate * n/360))) - Spot

OCR = Other Currency Rate
BCR = Base Currency Rate

Forward points = ((1.0710 * (1 + (0.0125 * 90/360))) / (1 + (0.027 rate * 90/360))) - 1.0710

SWAP = - 0.00385

Forward rate = 1.0710 - 0.00385 = 1.06715

Alternative Method :

Borrow		Lend
EUR 3´000´000	Spot 1.0710	USD 3´213´000
90 days at 2.70 %		90 days at 1.25 %
Interest = EUR 20´250		Interest = USD 10´040.625
TOTAL EUR 3´020´250.--		TOTAL USD 3´223´040.625

Forward rate = 3´223´040.625 / 3´020´250.-- = 1.06715

Customer sells EUR 3 Mio against USD at 1.06715 at 3 month (1.0710 - 0.00385).

Customer wants to Buy EUR 3 Mio against USD 3 months forward.

Trade Date :	February 11th.
EUR/USD	1.0710/14
USD 3 Month rate	1.25 / 1.35 %
EUR 3 Month rate	2.60 / 2.70 %
Maturity	90 days

How calculate the bid price for EUR/USD 3 months Forward ?

1st Method :

Forward Points = ((Spot * (1 + (OCR rate * n/360))) / (1 + (BCR rate * n/360))) - Spot

OCR = Other Currency Rate
BCR = Base Currency Rate

Forward points = ((1.0714 * (1 + (0.0135 * 90/360))) / (1 + (0.026 rate * 90/360))) - 1.0714

SWAP = - 0.0033

Forward rate = 1.0714 - 0.0033 = 1.0681

Alternative Method :

Lend		Borrow
EUR 3´000´000	Spot 1.0714	USD 3´214´200
90 days at 2.60 %		90 days at 1.35 %
Interest = EUR 19´500		Interest = USD 10´847.925
TOTAL EUR 3´019´500.--		TOTAL USD 3´225´047.925

Forward rate = 3´225´047.925 / 3´019´500.-- = 1.0681

Customer buys EUR 3 Mio against USD at 1.0681 at 3 month (1.0714 - 0.0033).

make money with currency trading

What is the forex ? The Foreign Exchange market, also referred to as the "Forex" or FX market, is the largest financial market in the world, with a daily average turnover of well over US$1 trillion -- 30 times larger than the combined volume of all U.S. equity markets. Unlike other financial markets, the forex market has no physical location or central exchange. It is an over-the-counter market where buyers and sellers including banks, corporations, and private investors conduct business. A true 24-hour market, currency trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, London, and New York.the unmatched liquidity and around-the-clock global activity make forex the ideal market for active traders.