How does forex trading work?

<a href="http://instaforex.com/?x=CDLJ">InstaForex</a>Forex Trading is the act of trading currencies from different countries against each other. Forex is acronym for Foreign Exchange.

For example, in Europe the currency in circulation is called the Euro (EUR) and in the United States the currency in circulation is called the US Dollar (USD). An example of a forex trade is to buy the Euro while simultaneously selling US Dollar. This is called going long on the EUR/USD.

Forex trading is typically done through a broker or market maker. As a forex trader you can choose a currency pair that you feel is going to change in value and place a trade accordingly.

When you close your trade, the broker closes the position on the Interbank Market and credits your account with the loss or gain. This can all happen literally within a few seconds.

The main enticements of currency dealing to private investors and attractions for short-term Forex trading are:

* 24-hour trading, 5 days a week with non-stop access to global Forex dealers.

* An enormous liquid market making it easy to trade most currencies.

* Volatile markets offering profit opportunities.

* Standard instruments for controlling risk exposure.

* The ability to profit in rising or falling markets.

* Leveraged trading with low margin requirements.

* Many options for zero commission trading.

To know if you made a good investment in Forex trading, one needs to compare this investment option to alternative investments. At the very minimum, the return on investment (ROI) should be compared to the return on a “risk-free” investment.

One example of a risk-free investment is long-term U.S. government bonds since there is practically no chance for a default, i.e. the U.S. government going bankrupt or being unable or unwilling to pay its debt obligation.

When trading currencies, trade only when you expect the currency you are buying to increase in value relative to the currency you are selling. If the currency you are buying does increase in value, you must sell back the other currency in order to lock in a profit.

An open trade (also called an open position) is a trade in which a trader has bought or sold a particular currency pair and has not yet sold or bought back the equivalent amount to close the position.

However, it is estimated that anywhere from 70%-90% of the Forex market is speculative. In other words, the person or institution that bought or sold the currency has no plan to actually take delivery of the currency in the end; rather, they were solely speculating on the movement of that particular currency.
<a href="http://instaforex.com/?x=CDLJ">InstaForex</a>

New POP UP from Speak Asia Online

Dear Speak Asians, The wait is over !!!!!!! Keeping in line with our strategy and as communicated earlier, we proudly present to you our new web-site. This site is our foundation for a 'new age e-commerce platform' designed to fulfill aspirations of an empowered consumer like you. Operations in India; As you already know, our application for establishing a permanent establishment in India is awaiting government clearance.We really hope that we get a nod from the Government of India, in the coming weeks. We did send a few test payments for the panelists and our suppliers for "rewards" in the last 15 days, sadly these amounts were not credited by their banks due to certain precautionary circulars issued by the Reserve Bank of India. We have already put in process all the necessary actions with the competent authorities for allowing us to resume our normal banking operations. In the meantime, with launch of this new web-site, you will be able to earn and burn your accrued reward points by buying products and services on the SpeakAsia platform. You will also be able to get subscription codes using your referral income. Dear friends, this is only the first of the many steps towards realising & fulfilling the dreams that all of us at Speak Asia share. We assure that in the near future you will be given a host of new opportunities to earn and burn your reward points. Look forward to your continuous support as always. Thanking you Team Speak Asia

Dear Speak Asians,

The wait is over !!!!!!!

Keeping in line with our strategy and as communicated earlier, we proudly present to you our new web-site. This site is our foundation for a 'new age e-commerce platform' designed to fulfill aspirations of an empowered consumer like you.

Operations in India;

As you already know, our application for establishing a permanent establishment in India is awaiting government clearance.We really hope that we get a nod from the Government of India, in the coming weeks.

We did send a few test payments for the panelists and our suppliers for "rewards" in the last 15 days, sadly these amounts were not credited by their banks due to certain precautionary circulars issued by the Reserve Bank of India.

We have already put in process all the necessary actions with the competent authorities for allowing us to resume our normal banking operations.

In the meantime, with launch of this new web-site, you will be able to earn and burn your accrued reward points by buying products and services on the SpeakAsia platform. You will also be able to get subscription codes using your referral income.

Dear friends, this is only the first of the many steps towards realising & fulfilling the dreams that all of us at Speak Asia share. We assure that in the near future you will be given a host of new opportunities to earn and burn your reward points.

Look forward to your continuous support as always.

Thanking you

Team Speak Asia

Business Restart Meeting in Mumbai - 9th July

SpeakAsiaOnline is holding a business re-start meeting on July 9th in Mumbai. This meeting shall constitute

• All the Managers
• Distributors of SAOL

The discussion will be primarily on the process involved for going further. There are chances that this meeting will happen in SpeakAsia new office at Goregaon, Mumbai.

Few of the key topics which are supposed to be discussed in the meeting are:

• How would be the product distribution model?
• When will buying-selling of products start?
• How the reward points will be consumed in buying and selling of products?
• What would be the delivery time of the products?
• There will be about 800 products. It will be discussed how products will be launched in different phases.
• SpeakAsia is coming up with three different category of products, which are:

• Branded products
• Semi branded products
• New brand promoted by SpeakAsia - Yug

• Reward points distribution in the network for product purchased.
• When will the payout start and the model of payout.
• Registration of the company is in final stage, they will be revealing as when they will officially start operations in India.

There will be lot of good news after this meeting and there will be no looking back after this. BizBasket will keep every Speakasian updated on the developments. Stay tuned!!

SpeakAsia Rocks!!!

Latest Update News About Speak Asia

Launch of Business in Bangladesh
We have taken clear steps towards launching our business in Bangladesh. An application has been made to the authorities for legal and operational approvals. We expect the business to get started shortly and will keep you informed of the progress.

New Website for Speak Asia India

Dear Speak Asians,

Warm Greetings !
   
    As you are aware ,there will be a transition from the existing website to the completely new look  website on Sunday, 10th July, 2011. Due to this transition activity, no surveys will be sent between  6th July – 19th July . The surveys will start coming to you on the new look site from Wednesday i.e  20th July, 2011. An extension of 2 weeks will be given in lieu of the surveys missed during this transition period.


Team SpeakAsia

Vote for Best Direct Selling Company Awards (Asia)

To vote for best direct selling company awards, follow the below steps:

1). Goto http://icdsi.org/awards/index.php

2). Click on “Vote for Best Direct Selling Company Award (Asia)”

3). Now enter your details like your name, Email Address, Contact Number and select your country, then click on next.

4). Look for SeakAsia and click on next.

5). Finally you should get this message.

Rock SpeakAsia Rock !!!

PMO Investigating SpeakAsia

Money life and Star News have proved in the past, that they are well known in making false news, now they are saying that “PMO is investigating the SpeakAsia”

Its nothing but manipulation of facts and FALSE news.

• 1st media came out VERY STRONGLY stating that MCA and RBI etc are investigating SpeakAsia.
• The top most official of MCA announced publicly that no one is investigating SpeakAsia. This was shown in zee business
• Click here to review this news Chalti Rahegi SpeakAsia
• Watch the below video to review Exclusive Report from Zee Business on SpeakAsiaOnline
  
  
  
  

• Later - again Media VERY STRONGLY started announcing that ED is investigating SpeakAsia
• In just couple of days ED top most official announced publicly that no one is investigating SpeakAsia

• Now - these people again said PMO is investigating SpeakAsia
• It definitely is another false propaganda , however, we should wish its true - why - because if PMO is really investigating that its no doubt that SpeakAsia will come out clean and all mouths will be shut

The only way to stop this is; let us all panelists to get down to ground level and ban these media channels. Since are working illegal way.

New Announcement of SpeakAsia

Dear Speak Asians,

Greetings, we are announcing some new measures for moving forward which reflects our consistent approach for taking the business forward along with our Speak Asian community. We wish to reassure all Speak Asians that Company is putting all its efforts in ensuring the best interest of panelists.

1. We are holding a business re-start meeting on July 9th in Mumbai . This meeting shall constitute all the Managers, Distributors of SAOL, The discussion will be primarily on the process involved for going further.

2. We are here to work with you for a great future for which a local presence will be important for moving forward as we grow together. Speak Asia is launching a new India centric website on July 10th. The site will provide information on products, services offered by Speak Asia and show case on how to burn your reward points. We regret for the delay in launch of the site which is largely due to reasons beyond our control .However we are sure that once the operations begin there is no looking back.

3. We will soon be moving into a spanking new office, our permanent establishment (PE) in Mumbai. As you read this communication , finishing touches to inspiring design for the new office are being given and this large liaison office will be the hub of our joint growth.

4. Distribution of Rewards has taken shape. Provogue Gift vouchers have been sent and utilized by panelists. Confirmations for the winners of Laptops, Television and Cell Phones are being obtained to start the distribution process in shortest possible time.

5. Soon you will see Speak Asia’s new advertising campaign. So whether you are outdoors, watching television or reading a newspaper, your company will be occupying top of mind recall with its new message about the products & services, rewards points earning and many more benefits you will get.

So keep a look out on your email box as a lot of communication will come to you from the company .

Fellow Speak Asians, here’s to the future which belongs to ‘Our Community’ !

Team Speak Asia