วันพุธที่ 15 เมษายน พ.ศ. 2552

Volume and price of Forex Broker

By findaforexBroker

Forex Trading can be as simple or difficult as we choose to make it. This is something that you can individual choose.

With so many different types of technical analysis from Japanese candlesticks, MACD, RSI to help guide us when trading, sometimes this can go from helping us to causing us headaches. By the time we chart all the different types of technical analysis the trade has gone. So something to learn quickly from this is that we should not place too much emphasis on any form of technical analysis.

So with all the forms of technical analysis available there should always be one that we do focus on that's volume and price. With all these tools available it all comes from these sources in price and volume.

Understand the past it must have come from somewhere

We need to look back at technical indicators that have come about over the past 30 years, no matter which one they have all been brought about from a mixture of price and volume. This tells us one thing if your chart is saying one thing and the price is saying the other. You guessed it. Price Wins. At the end of the day the prices is never wrong, it is the price after all. Hence no matter how great or bad the chart looks, the price is still the key factor we are all after.

This doesn't mean that we through out all of charts and just look the indicator, but we need to use as many pieces of the puzzle to give us the real picture. This will assist us in our future planning and hopefully increase our chances of becoming a profitable trader.

Understand This:

From time to time indicators will point a change in trend. Divergence, when the prices is indicating on thing and the indicator is indicating another. This is a crucial aspect of technical analysis.

Remember the profit or loss comes from the Money. So price is never wrong We make money from prices, not indicators. So focus on prices and volume - and let indicators give you a second opinion or simply the confirmation. This is why when trading I love to remind people of this stop losses. If you're a trader never put on a trade without a stop loss. If possible use a platform that offers guaranteed stop losses. Or you can view who we suggest as the Forex Broker or email support@cfdfxreport.com

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วันอังคารที่ 14 เมษายน พ.ศ. 2552

How Merchant Account Works

By Bobbie McKee

Merchant accounts are similar to bank accounts. With merchant account, businesses can accept payments made through credit cards and debit cards. There are two kinds of merchant accounts: over the counter merchant accounts and money order merchant accounts.

Some people think that getting an approval when applying for a merchant account is difficult. Accepting credit card payments is nor a costly, since there willl only be a small amount deducted when processing a credit card or a transaction. Normally, merchant account application can be processed within four hours. Some business owners, based on their experience, advise that if the processing of the application form last for more than two weeks, then it would be better to change to a new service provider.

Remember, that there are banks that requires the business owners who would like to have the service, fulfill a number of obligations before opening the account. Some merchant service providers require that applicants have a checking account. Sometimes, business licenses and certificates are also checked.

Additional requirements can also be demanded and checked by the account supplier. For example, for corporations, the federal tax identification number is required. While for a sole proprietor business owner, social security number is required.

If ever the merchant or business owner claimed to be bankrupt, the claim must be at least 90 days old before a merchant will be accepted for some merchant accounts. Also, all of the merchants or business owners must at least 18 years of age.

First, the payment is received by the merchant through the customers' card. This can be done with physical swipe process at the credit card terminal. The customer can also enter the credit card number when finishing or making a transaction through online payment software.

The electric request goes to a network. There is processing network set up to handle these requests. This network handles the business of requesting funds from the customers' bank or credit card and them letting the merchant know that it is approved.

When the bank has already received the decision about the funds from the managements, it sends approval through the network. An authorization code is electronically issued and passed through the network until it reaches your computer or the credit card terminal. If there is something wrong, you will be notified that the transaction has been declined. Amazingly, this whole process, thought it seems long, only takes a few seconds.

Customer receipts are issued when they already have the decision about the funds. Approved, the merchant's terminal will print the receipt, or an electronic receipt will appear online for the customer to print out him or herself, if the transaction is completed via the Internet.

The transaction for the day is then settled and called the batch. This is something else that requires a request made electronically over the processing network. All the authorization codes are checked against the purchases and other transactions. Then the transactions are sent to the credit card companies and to the banks for final settlement before the cardholders' accounts are officially debited.

Batch funds are deposited into your acc ount. After the settlement, the funds will be directed to your account. However, this is a process that takes two or three days.

A good merchant account provider will bring together the elements needed to obtain merchant status. This allows the business to efficiently process the payments made by the customer and provide the customer the best customer experience.

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Choosing the right credit card to avoid debt management troubles

By Bobbie McKee

Credit cards are considered as a blessing to those who can use it properly. But to those who are having debt management problems because of undue usage of credit cards, it can be an excruciating curse because it can also give you a bad credit history if you don't use it well.

In order to avoid debt management problems, people must know how to choose the right credit card for them. The following tips can help you choose the right credit card, which can veer you away from debt management problems. If you are getting your first credit card or you would want to avail of another, you must always:

- Consider interest rates. In most credit cards, interest rates come as "fixed-rate" or "adjustable rate". If you opt not to choose low APR credit cards, you may consider choosing fixed rate credit cards. Many people-especially those who pay off their balance monthly or those who only use cards for small purchases-opt to use cared that has a fixed rate. Even if the rate is a point or two higher than the usual, it ensures that they can pay off their loan quickly without even noticing the difference.

- Conduct an extensive research on credit card fees, transaction fees, and other charges. Fees can be considered one of the bloodlines of most credit card companies. Since numerous companies are infamous for charging their clients fees that add up quickly, one should make sure to check the fees section of the credit card disclosure section before fully indulging into it. Some of the known fees collected are annual fees and cash advance fees.

- Check the length of "grace period." The term "grace period" or "interest-free time" refers to the amount of time between the date of a purchase and the date interest starts being charged on that purchase. Majority of credit cards offers a standard grace period, which means that as long as the person pays for his/her bill monthly, there will be no finance charges. Since not all credit card companies offer a grace period, be careful not to choose them because they might charge interest immediately on every purchase you make.

- Avail of other benefits. Aside from convenience, other the additional benefits when one applies for a credit card include insurance, credit card protection, discounts, rebates and special merchandise. Other benefits also include rewards programs that lets you earn points that can give you cash back, free gas, gift certificates and free plane tickets. Before choosing the right credit card for you, you must consider whether or not these offers can make positive impact on your financial management.

- Take note of the credit limit. Basically, credit limit is defined in dollars as the total amount of credit a credit card holder is authorized to use. Apart from clearly identifying credit line and the size of the credit line, credit limit encourages and helps the holder to decide how reliable he/she can be when it comes to paying on time and keeping him/herself under the card's limit.

- Make sure to understand all necessary and additional terms. While it is very important for you to identify first your credit card needs, it is equally important for you to understand almost all the underlying terms in credit card application and acquisition such as "amount due," "minimum monthly payments," and "prime rates" because many people are having a hard time managing their debt because they did not take time to fully understand these simple terms and its underlying conditions.

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