Monday, March 23, 2009

SigmaForex trading system

SigmaForex provide the folllowing services that help in trading:
  • A reliable & powerfull trading platform that include more than 40 indicators.
  • A detailed illustration for indicators.
  • An updatable Indicator that show you signals to buy & sell.
  • The latest economic news & An Economic Calendar to show you the dates of the events.
  • Pivot Calculator for calculating pivot points to assign the forecasted support & resistance.
  • Currency convertor that contains more than 164 currency.
In electronic financial markets, trading system, also known as algorithmic trading, is the use of computer programs for entering trading orders with the computer algorithm deciding on certain aspects of the order such as the timing, price, quantity of order. It is widely used by hedge funds, pension funds, mutual funds, and other institutional traders to divide up a large trade into several smaller trades in order to manage market impact, opportunity cost, and risk. It is also used by hedge funds and similar traders to make the decision to initiate orders based on information that is received electronically, before human traders are even aware of the information.

Today, using information and trading platforms has become a de facto requirement for successful trading in the financial markets. Their advantages as compared to conventional trading schemes include, for example, an unprecedented speed of processing and delivery of information to end users, the level of integration with data providers, and a wide array of built-in technical analysis instruments.

Friday, March 20, 2009

Learn forex | SigmaForex


FOREX has been traded since the beginning of financial markets, on-line retail trading has only been active since about 1996.

The FOREX market is a non-stop cash market where currencies of nations are traded, typically via brokers. Foreign currencies are constantly and simultaneously bought and sold across local and global markets and traders' investments increase or decrease in value based upon currency movements. Foreign exchange market conditions can change at any time in response to real-time events.

All traders aim for incessantly flowing profits and one that speaks about unremitting gains. If you are serious to learn forex and make this a profitable business, one must go out of his way to learn all encompassing and embracing knowledge about the trade. Learning the trade does not only call for the basics, but also in finding the best software to facilitate you when it's time to take your turn in the forex market.

There are many software and programs in the market affirming they’re the best but only to find out that some contains one and the same insignificant information. To thwart this scenario, the best thing to do is to look for a system that is proven and tested by many. Although the success of one trader with a particular program will not always be equal to other traders, still, it makes sense to try a system with known favorable results. Such is the use of expert advisors and forex automated system. This is one of those latest forex system in the market that allows traders specifically novice ones to learn forex and increase probabilities of streams of profits and put a stop to possible losses. With a lot of traders gradually becoming aware of these forex bots, many of them have attested to the marketing advantage of these forex indicators. One of the trademarks of these forex autopilots is that it facilitates the monitoring of forex market even if a trader is inactive. This calls for an incessant 24/7 monitoring with forex signals coming in real time as a means of updating a trader of the next best thing to employ.

Wednesday, March 11, 2009

Former Pakistan PM Sharif accused of 'sedition'

Pakistan’s top security official has warned the former prime minister Nawaz Sharif that his recent anti-government speeches could amount to treason, ratcheting up tensions in the country ahead of planned protest rallies this week.
Rehman Malik said the government had “no intention" of arresting the opposition leader, but suggested that it had grounds to do so.
Political tensions in Pakistan have risen dramatically following a Supreme Court ruling last month that barred Mr Sharif and his brother from elected office. Any arrest, of Mr Sharif or other high-profile members of his party, would be a major escalation of the crisis and would be likely to trigger violent protests.

Mr Sharif and his brother say President Asif Ali Zardari was behind the decision and have vowed to join a protest by lawyers in the capital of Islamabad seeking the restoration of fired judges who many expect to take up cases that could weaken Mr Zardari's already shaky grip on power.
The crisis comes Pakistan battles rising violence by al-Qaeda and Taleban militants and a crushing economic situation. Last week, Britain appealed for political unity, saying the bickering was distracting the country from the fight against militants.
In a televised media conference, Mr Malik read out extracts from several speeches he said were made by Mr Sharif at the fiery rallies he has been addressing since the court ruling.
“Inciting people for disobedience is sedition ... It could get life imprisonment and a fine,” he said. He also appealed for Mr Sharif to negotiate with the government for a solution, as other government leaders have pleaded.

Some analysts say both sides in the dispute are taking a tough line to get favorable terms in the event any deal is made to defuse the crisis.
Mr Malik said the government would not outlaw the lawyers' march but said the protesters would not be allowed to rally in front of the parliament building or other downtown areas, as they are planning. He suggested they protest in a park on the outskirts of Islamabad.
The protesters have said the march will be peaceful, but that they will not leave streets close to the parliament until the judges are restored.

Meanwhile, judges in the eastern province of Punjab extended by 60 days the detention of four people being questioned in connection with last year’s terrorist attacks on the Indian city of Mumbai. Among them was Hafiz Mohammad Saeed, the head of Jamaat-ud-Dawa, an Islamist group widely believed to be a front for the militant network that carried out the attacks.


[SigmaForex Funding Methods]


Safety of funds plays an important role in any type of business; we make our best efforts to ensure protection of customers’ money.

Minimum deposit required for funding new accounts:
Our accounting department is ready to help you fund your new account or add funds to an existing account. For Standard Dealing Desk Accounts the minimum deposit is $ 500, and for the No Dealing Desk Accounts the minimum deposit is $ 2000.
Deposit instructions:
You must open a web account and associate it with your live account to insure security of transactions in your account

How to do so?
1. Open web account
2. Login and associate your Live Trading Account with your Web Account
3. Login to your Web Account and click 'Make a Deposit"

Deposit methods
1- Bank wire transfer
A wire transfer is a transfer of money from one bank account to another. The actual transfer is done by the bank, and neither the sender nor the recipient of the money sees or touches the actual funds.
Deposit Time
1-5 business days SigmaForex does not guarantee deposit times in the event of a margin call

Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.
Withdrawal Eligibility
Immediate availability

Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.
2- E-gold payments
Open www.e-gold.com- Create new e-gold account - Issue transfer request from your e-gold account to SigmaForex e-gold account.
Deposit Time
Immediate deposit SigmaForex does not guarantee deposit times in the event of a margin call
Fees
None
SigmaForex will not be held responsible for charges or fees assessed by going through an intermediary bank.

Withdrawal Eligibility
Immediate availability
Restrictions
The account holder name of the funds must always match the name listed as the customer on the trading account.

You do not have an account yet?
Open Live Account

Oil price hits six-week peak on OPEC prospects

Oil prices hit a six-week high in New York on Monday on expectations that the Organization of Petroleum Exporting Countries will decide to cut output further this week, analysts said.
New York's main futures contract, light sweet crude for delivery in April, jumped to a six-week peak of 47.03 dollars a barrel in morning London trade.
The contract later stood at 45.82 dollars, up 30 cents from Friday's close, as profit-taking set in.
Brent North Sea crude for April fell 1.11 dollars to 43.74 dollars, pulled lower by concerns about falling demand for crude.

Analysts said prices also diverged because New York crude won support from recent falls in stockpiles at Cushing, Oklahoma, which is the delivery point for oil traded on the New York Mercantile Exchange (Nymex).
The OPEC cartel, which pumps 40 percent of the world's oil, is due to meet on Sunday for a crucial production meeting.
"Crude oil climbed to the highest in almost six weeks on speculation the Organization of Petroleum Exporting Countries will decide to reduce output in an effort to trim stockpiles and lift prices," said BetOnMarkets analyst Dave Evans.
"It seems like an attempt to break past the 50 dollar level is in the cards," he added.

OPEC slashed output late last year by 4.2 million barrels per day in a bid to reverse tumbling prices and protect its revenues.
"We all want to see the global economy back on its feet as quickly as possible," OPEC secretary general Abdalla Salem El-Badri had said last week.
But "oil prices need to be at levels to help sustain economic growth by supporting longer-term energy industry investments across the board," he added.
Prices are down from record highs above 147 dollars hit in July 2008. A sharp world economic slowdown, sparked by the global financial crisis, has since ravaged demand.
Sucden Financial analyst Nimit Khamar said Monday that ongoing concerns about the crisis -- and its impact of energy demand -- continued to plague the oil market ahead of the OPEC gathering.
"Crude oil prices may be dictated by noise of further production cuts from OPEC nations this week, ahead of the meeting at the weekend, which might push oil prices toward 50 dollars per barrel," he noted.
At the same time, "anxiety over the financial sector and concerns over the global economy ... (are) weighing on oil prices amid concerns over weakening demand," Khamar said.


[SigmaForex Withdrawal Methods]

To withdraw funds from your account Please make sure that you have sufficient funds in place to cover the the necessary margin required for your open positions, after your requested withdrawal.

No requests for transfers to persons other than the account holder will be processed.
SigmaForex may require further identification or documentation in order to complete your request.
Please Note that transfer fees and bank charges may apply, and depend on the form of transfer.
Please note that we try to process the withdrawal request quickly. However, it may take up to 5 business days, depending on the method of transfer.

Your withdrawal from sigma account will be in an efficiently, secure and fast, you can withdraw money from your SigmaForex account at any time.

Withdrawal steps:
1. Login to your web account
2. Choose your withdrawal method
3. Fill the withdrawal form and write down the withdrawn amount

First PacTrust Bancorp reports Q4 net loss

First PacTrust Bancorp has reported a net loss of $1.3 million, or $0.35 per share, for the fourth quarter ended December 31, 2008, compared to net income of $840,000, or $0.20 per share, for the fourth quarter ended December 31, 2007.

For the fourth quarter of 2008, net interest income before provision for loan losses increased $1.8 million to $6.1 million, compared to $4.3 million in the same period of 2007.
For the year ended December 31, 2008, First PacTrust Bancorp reported a net loss of $529,000, or $0.15 per diluted share, compared to net income of $3 million, or $0.70 per diluted share, for the year ended December 31, 2007. Net interest income before provision for loan losses for the year 2008 increased $6 million to $22.9 million, compared to $16.9 million in 2007.
Total assets as of December 31, 2008 were $876.52 million versus $774.72 million as of December 31, 2007.


[SigmaForex Customer Support Area]

Customer satisfaction is number 1

It's a well known fact that no business can exist without satisfied customers, Sigma support you with all your needs that have been chosen according to your demands.
Our slogan is to achieve the maximum level of satisfaction for our customers for that we built customer support which is availble 24/7 to be reached for all clients at any time.

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