| Forex Trading?

Forex Trading?

westphalia1 asked:


When trading currencies if the VALUE of the american dollar decreases(drops) does this mean you should “automatically” buy up more of the foreign currency you have invested in

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4 Responses to “Forex Trading?”

  1. mahantesh a on October 14th, 2009 11:18 pm

    yes for the short term…….dont do it for long term
    and try to find hints which will show that the currency will fall….

  2. NC on October 16th, 2009 4:23 pm

    Only if you think that the dollar will continue to drop…

  3. Blanston on October 17th, 2009 11:54 am

    Who knows and any one that tells you that they do is not telling the truth. I have looked at 100’s of websites on forex. The only way I know of to make money in the forex market is called hedging. Buying either pound/dollar against the dollar/yen in a certain ratio and then collecting interest on a daily basis and selling when one is stronger than the other. Since they move in opposite directions for the most part you will be positive some of the time and when your negative you are collecting interest at better than mutual fund rates. And you don’t have to watch the market 24/6. I have made over 800 in 30 days on 3000 dollar balance doing this. I learned it from a company called FreedomRocks. you can find them at.

  4. stock.geek on October 17th, 2009 1:49 pm

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