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EUR/USD is the most heavily traded currency pair in the global currency markets at the moment. Trading currencies can be exciting and lucrative. Its a great market because of the way politics affect the trends. Elections, strikes, and sudden developments, both good and bad, can lead to significant trading profits if you stand ready to trade the euro is a convenient currency because it encompasses the policies and the economic activity and political environment of a volatile but predictable part of the world: Europe.

Considering the history of China, we can find various contributions to the engineering and technological affluence in the country. Many Earlier inventions such as Abcus, Compass, Gunpowder, Printing, Kites, Kongming Lanterns and many more were first invented by the Chinese. Ever since, the formation of People’s Republic of China in the year 1949, there is […]

Bulk REO Investing is becoming one of the most lucrative avenues of investment during 2009 and in the future. Bulk REO Investors profit by purchasing multiple (commonly called portfolios) of houses from lenders who have repossessed the houses and have urgent need to eliminate pressure from their balance sheets. Due to the dire emergency of the balance sheet needs of the financial institutions coupled with the investors capability to buy a package of REO houses rather than individual properties, its frequently possible for a well-capitalized bulk reo investor to get REO packages at definitely appealing prices.

The truth is that there simply is no magic trick that will give you all the answers for how the market will move; if that were the case each and every one of us would be a millionaire. The only way we can try to predict the market is by using our gut intuition and analyzing trends to make a well-informed prediction.

One question every trader should ask before making an investment decision is: What is the overall trend of the market right at this moment? An understanding of Elliott Wave principles can help traders answer this question, and it can give you a confident forecast of whether the market is likely to go up, down or sideways in the immediate future.