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Saturday, May 8, 2010

FOREX (Foreign Exchange Market)


The forex market is all about trading between countries, the currencies of those countries and the timing of investing in certain currencies. The FX market is trading between counties, usually completed with a broker or a financial company. Many people are involved in forex trading, which is similar to stock market trading, but FX trading is completed on a much larger overall scale. Much of the trading does take place between banks, governments, brokers and a small amount of trades will take place in retail settings where the average person involved in trading is known as a spectator. Financial market and financial conditions are making the forex market trading go up and down daily. Millions are traded on a daily basis between many of the largest countries and this is going to include some amount of trading in smaller countries as well.

From the studies over the years, most trades in the forex market are done between banks and this is called interbank. Banks make up about 50 percent of the trading in the forex market. So, if banks are widely using this method to make money for stockholders and for their own bettering of business, you know the money must be there for the smaller investor, the fund mangers to use to increase the amount of interest paid to accounts. Banks trade money daily to increase the amount of money they hold. Overnight a bank will invest millions in forex markets, and then the next day make that money available to the public in their savings, checking accounts and etc.

Commercial companies are also trading more often in the forex markets. The commercial companies such as Deutsche bank, UBS, Citigroup, and others such as HSBC, Braclays, Merrill Lynch, JP Morgan Chase, and still others such as Goldman Sachs, ABN Amro, Morgan Stanley, and so on are actively trading in the forex markets to increase wealth of stock holders. Many smaller companies may not be involved in the forex markets as extensively as some large companies are but the options are stil there.

Central banks are the banks that hold international roles in the foreign markets. The supply of money, the availability of money, and the interest rates are controlled by central banks. Central banks play a large role in the forex trading, and are located in Tokyo, New York and in London. These are not the only central locations for forex trading but these are among the very largest involved in this market strategy. Sometimes banks, commercial investors and the central banks will have large losses, and this in turn is passed on to investors. Other times, the investors and banks will have huge gains.

Different currency rates happen and change every day. What the value of the dollar may be one day could be higher or lower the next. The trading on the forex market is one that you have to watch closely or if you are investing huge amounts of money, you could lose large amounts of money. The main trading areas for forex, happens in Tokyo, in London and in New York, but there are also many other locations around the world where forex trading does take place.

The most heavily traded currencies are those that include (in no particular order) the Australian dollar, the Swiss franc, the British pound sterling, the Japanese yen, the Eurozone eruo, and the United States dollar. You can trade any one currency against another and you can trade from that currency to another currency to build up additional money and interest daily.

The areas where forex trading is taking place will open and close, and the next will open and close. This is seen also in the stock exchanges from around the world, as different time zones are processing order and trading during different time frames. The results of any forex trading in one country could have results and differences in what happens in additional forex markets as the countries take turns opening and closing with the time zones. Exchange rates are going to vary from forex trade to forex trade, and if you are a broker, or if you are learning about the forex markets you want to know what the rates are on a given day before making any trades.

The stock market Is generally based on products, prices, and other factors within businesses that will change the price of stocks. If someone knows what is going to happened before the general public, it is often known as inside trading, using business secrets to buy stocks and make money - which by the way is illegal. There is very little, if any at all inside information in the forex trading markets. The monetary trades, buys and sells are all a part of the forex market but very little is based on business secrets, but more on the value of the economy, the currency and such of a country at that time.

Every currency that is traded on the forex market does have a three letter code associated with that currency so there is no misunderstanding about which currency or which country one is investing with at the time. The eruo is the EUR and the US dollar is known as the USD. The British pound is the GBP and the Japanese yen is known as the JPY. If you are interested in contacting a broker and becoming involved in the forex markets you can find many online where you can review the company information and transactions before processing and becoming involved in the forex markets.

how to achieve accountability in internet advertising


The internet brought with it promise of a new kind of media for advertisers: one that would be transparent, traceable, and accountable for all advertising expenditure. Theoretically, ad dollars would be translated to clicks, clicks would then be tracked down to conversions, sales , and even subsequent dollar value of acquired clients -- closing the spend-return loop to achieve a full ROI picture.

However, 15 years past the dawn of the internet, during which time huge technological advancements have taken place, we are still far away from fully realizing this vision. Why?

In this article, I will outline some of the main complications, and propose directions advertisers may consider to get closer to the original promise, and to advertising optimization.

Main challenges

  1. Attribution. Which traffic source is to be credited for a conversion? Oftentimes, a user is converted after arriving multiple times at the website via diverse sources. Should the "last click" be fully credited as the source, disregarding the prior ones? Why not the first click? Or split the credit between them in this way or other? How far back should clicks be considered as part of the "click stream to conversion"?

    These are not easy questions to answer, and they strongly depend on specific business characteristics. Add to the equation a multitude of technical variables related to the tracking mechanisms themselves. The core issue of attributing credit to click sources is all but straightforward.
  2. Granularity. As new advertising formats continually roll out and are refined (especially by Google) which is the "granular unit" to be attributed a success or failure and optimized accordingly? Is it a keyword, a text ad or a landing page? Is it an ad placement or banner creative?

    The answer is, of course, their combinations. However, analysis of this multi-dimensional environment creates a massive dataset that requires a far more complex decision-making process, and a highly powerful analysis tool and staff.
  3. Untracked influences. Offline and online advertising do not live separately. People exposed to brands offline will interact more with the brand online, and vise versa. But the available tracking tools tell us a partial and disparate story: an online transaction generated via a certain tracked click, or a transaction at the brick and mortar cashier that just occurred.

    Moreover, online display advertising and social media may influence brand perception and attraction, which would not translate directly into incoming clicks, and therefore are not tracked. However, they could have influence on increased brand related searches, increased CTRs for the brand ads, and ultimately more conversions. We have seen multiple cases during periods of intense brand-related advertising activity where conversions have increased significantly. When brand advertising slows, products return to lower interest and conversion levels for branded clicks.
  4. Lifetime client value considerations. Not all clients were born equal, as every salesperson knows. However, most direct response advertisers work by a "cost per client acquisition" (CPA) target. This means that they are willing to pay up to a certain threshold for acquiring a single client.

    CPA value is usually derived by predictions of lifetime client value. However, that client lifetime value may differ greatly from theme to theme, country to country, and a host of other parameters. Erroneous campaign management decisions could be made by relying too much on across-the-board CPA targets.

Interview with the famous trader Adrian Shiroma known as ¨the account duplicator¨


With only 27 years it is one of the Hispanic-Japanese promises of the forex trading of this new decade. He doesn't like ¨the duplicator¨ to call him but the certain thing is that it is able to bend the balance of a forex account with easiness.

In the phone interview Adrian could be many things about their career and their life

How so certain it is that that you duplicate the accounts?

Adrian Shiroma: I don't duplicate them, I triplicate them (laughs), I think that it is exaggerated because not all the accounts can be duplicated easily, it depends on several things: the size of the account, available markets, for example: small accounts cannot duplicate them easy, but if to give him a good profit, but the big accounts are easy to manage.

Adrian are you consents of your fame?, do you think that it is exaggerated or that you really deserve it?

Adrian Shiroma: The good things come alone when make all with love, then people request me advice, they puts me on approval and now my own clients are those that have given me that fame. But I don't believe it to me, I know that people exist better than me.

How did you begin in this?
Adrian Shiroma: Surprisingly I began with a documentary that I saw myself when I has 18 years that called ¨The divine Proportion¨, spoke on the I number golden and the persistence of this in all the proportions that are in the universe. We find it in our body, in you hoist them, plants, galaxies and recently I discovered that the physical beauty is increased to measure that its face completes these proportions.

Interesting What is the relationship this has with the forex graphs?
Adrian Shiroma: All, what shot my interest toward the markets was the mention of these in the documentary. Notice that this proportion finds it in the setbacks, arches and fibonacci fans, it fits perfectly in any graph of the market, it is a divine constant of the nature. Always from boy. I foresaw when an event will repeat. And when seeing the news it confirmed it to me to myself so I always had the restlessness of discovering the because of these sensations. Then I discovered that if we can predict a certain event we could also use it to predict the following movement of a forex graph and it was this way, those they were my beginnings.

Do you work especially for some company?

Adrian Shiroma: I manage accounts for a lot of people, they are those that call me. I manages some private funds, and I now am managing the account of a brazil celebrity.


Which indicators your usually uses to open your operations?

Adrian Shiroma: My trading style is tendential is based on the proportions Fibonacci by means of one formulates that I discover and that I apply in my EA which I have programmed for my own trading. I Usually trading to 4 hours without indicators, In days of high volatileness only me duplicate the hunger (laughter), I like when the market this anxious one, I like when the market is renewed, this it is my inspiration to trade. I avoid to watch the balance of the account but until to have finalized the day, I watch soon it and I say - ohhh, I believe that that is a lot of money. (laughter).

What is your secret for your trading operations?
Adrian Shiroma: It is a secret, I only apply it in my operations and the programming of my robots like the AureoFX, at the moment I don't have thought to reveal it but I am for sure many other traders has already given with her

What do you say of the use of automatic systems in the trading of FOREX?

Adrian Shiroma: There is something that I have very clear: 97% of EAs is disposable even those that they make you win a lot, these usually take off in fact all that they give you the following week . Only 3% of the EA are good but they are not commercial, they use them the banks, brokers and corporations.

Do you think that people give a wrong use to the EAs?

Adrian Shiroma: Definitively yes, I have done systems with regular results that could give stable profit to their users but the problem this in that people don't know how to use them neither to configure. People people want to see immediate results and they forget that the FOREX is of patience market and in occasions it becomes rebellious and it doesn't want to have you close. One can say that the FOREX has its temperament. To enter and to leave is two very important strategic movements of survival with discipline. The common error it is to seek their EAs to give him such an infinite money as their ambition without having an investment plan.

Do recommend us especially some EAs?

Adrian Shiroma: I recommend that you learn how to trade better than your own EA, it is curious that when you arrives at that level, people it is already it consents that it is useless to use EA because their abilities overcome them, then the automatic systems become something of ¨elite¨ then for those advanced traders that want to program their strategies in one to reduce their work load, they are themselves those that use them and they are not in sale. Something exists very curious: if a system of 3% put on in hands of an operator average he would have lost short term because he doesn't know how to use it or worse even: he believes to know but that the author and it modifies the parameters of the system to try to get but in less time.

Do you operate your accounts manually or with EA?
Adrian Shiroma: I have a work method that always works me, a EA always needed of the support of the trader and the robot's trader, I believe that my systems and I make a perfect team and we supplement ourselves as couple.

Which the instructions are to use an EA correctly?
Adrian Shiroma: The good EAs usually indicate you so that markets were created, it cheats them frames and I number of lots vs balance in account. The 2 errors but common they are: to have it ignition the whole day and to alter the parameters especially to increase the lots after seeing earnings what places the account in constant danger. Personally I think that all commercial EAs are totally crap.

What you recommend to recover a negative account?
Adrian Shiroma: The first thing is to change the trader, if he is the same owner the one that operates her this it will be bound sentimentally to her and for but that wants it it didn't take a positive one. If it is also a third. Alone a good trader with a good money management can recover the account little by little before it is late.

Why is it said that the brokers operates vs the user?
Adrian Shiroma: Not only it is said, it is a fact that in all the contracts of account opening clauses exist in those that it is indicated that the broker operates in our against, in other words: that if we win in an operation another person that should lose in that same operation should exist so that they can pay us. This had untied many bad experts on the part of some clients that sign this clause without reading it in the one that the broker the right is reserved to pay. However it is not very common to see cases of unpaid in grateful brokers.


What advice do you give to those traders that are beginning in this world of the FOREX?

Adrian Shiroma: The trading is an art and as all art it costs to be developed, the virtuous musician didn't become expert of one year for the other one. The beginner should burn so many demo accounts it can burn rehearsing own strategies and learned to prove which is the one that but it is coupled to his trading style and personality.

Do you believe that the trading is for everybody?

Adrian Shiroma: That is as if you asked me if we all have talent to be medical, the answer is not, our talents are some (we are not good in everything), each person should discover for what is good and that is achieved rehearsing, the experience will give you the answer, if you believe that you have talent for this studying and practicing found the answer.