tag:blogger.com,1999:blog-11975782540512369612024-03-13T07:30:05.209-07:00Health Nursing | ALL ABOUT NEWS | NEWS HOTAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.comBlogger270125tag:blogger.com,1999:blog-1197578254051236961.post-49480398052766975632012-05-05T07:14:00.001-07:002012-05-05T07:14:00.199-07:00Ease of Getting Back on Your Feet After Medical Bankruptcy<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAVpQfxTS5iZqBsOvvGF2HLwY-gBU3A8VfNHf2cQyctrS9fCXlBirZ5uSYsaweJ-4CaAmL6mI6G6fvuKRXVfzNUrWLyuKwWCSzZ5378lT5lO0dDiclYAkL7h3kktAAtxAFbq3eXW15090/s1600/Ease+of+Getting+Back+on+Your+Feet+After+Medical+Bankruptcy.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="132" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhAVpQfxTS5iZqBsOvvGF2HLwY-gBU3A8VfNHf2cQyctrS9fCXlBirZ5uSYsaweJ-4CaAmL6mI6G6fvuKRXVfzNUrWLyuKwWCSzZ5378lT5lO0dDiclYAkL7h3kktAAtxAFbq3eXW15090/s320/Ease+of+Getting+Back+on+Your+Feet+After+Medical+Bankruptcy.jpg" width="197" /></a></div><b>Ease of Getting Back on Your Feet After Medical Bankruptcy</b> By. Jennifer Quilter: How easy this transition is going to be is partially determined by how easy you expect it to be. If you're expecting that your financial troubles are over, this is going to be a difficult shock for you. If you're expecting it to be impossible, that's also incorrect.<br />
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You can get through this and build up credit again, but it is going to take some time (maybe less than you think) and some effort. The ease of getting back on your feet after bankruptcy is largely determined by your own efforts and expectations. If you ignore the problem and hope it'll fix itself, this is going to be a very difficult time for you. If you expect it to be easy and smooth, this is also going to make things very difficult.<br />
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<a name='more'></a>The best thing you can do for yourself is accept that this is going to be difficult and you have to make some changes to make your situation work, but that eventually things will improve. Your discharges will not fall off your credit report for many years, but you can have a decent credit score in as little as two with some good solid effort right from the start.<br />
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You're going to need to rebuild your financial history with things like loans and credit cards--but how to get those things when you have this on your record? Well, you can get secured options (where you put up some form of collateral) and then slowly build towards unsecured options. Lenders and such will care about why it is that you had to claim bankruptcy, so briefly (in one or two sentences) explain that you had medical bills that made bankruptcy your only option left but that under normal circumstances you are responsible with your money and capable of making repayments and are looking for the opportunity to prove that and get your finances back on track.<br />
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Getting back on your feet will be difficult, but doable. You can get through this and have your finances back to a healthy situation again.<br />
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The more you know, the better. For more information about secured credit cards after bankruptcy and all of your options for your finances check out my site, Credit After Bankruptcy. Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-45254888911088461072012-05-04T07:12:00.001-07:002012-05-04T07:12:00.083-07:00Medical Bills: Help For The Uninsured<b>Medical Bills: Help For The Uninsured</b> By M. Baylor: In cases when the unexpected happens such as accidents, or during unexpected incidence of illness of a loved one, you will want to have some sense of security. It'd be good if you've managed to set aside some savings or if you are insured. Savings and insurance both serve as a buffer for your confidence. At least if ever something goes wrong, you will have viable options. However, if you don't have a lot of savings and are uninsured having a loved one confined in a hospital, and the need to pay off medical bills is something that is very worrisome indeed. But don't fret, getting medical bills help even if you're uninsured is possible.<br />
<a name='more'></a>The first course of action you could take is asking the hospital about a medical bill consolidation program. The hospital's staff will be the best people to approach for questions about this. Since the staff are consistently exposed to people who experience difficulty paying off bills they are usually sympathetic. They just might be able to recommend a community service group that offers help to people with these kind of troubles. Discounts are based on your income and they can range from 5%-100%!<br />
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Secondly, it'd be wise to set up a payment plan based on your income. If you don't have insurance then your bills might start to seem unmanageable. The hospital's billing department can be pretty understanding if you are open to them regarding your financial situation. Your medical bills debt can be easier to pay off if it's spread over a longer time period.<br />
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Third, wait for all the charges to arrive after a medical operation. It's not a good idea to pay for your bills without sorting through them first. Not sorting through the charges first can be pretty problematic because it's more prone to error. You need to be absolutely certain that you're not being charged for a treatment you did not avail of or that you weren't double charged for any particular treatment. Medical billing is not really the most accurate type of billing in the world. So it's best to be meticulous in paying for those.<br />
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The bills aren't impossible to handle even if you're uninsured. It just takes some effort on your part to find the right help. If you manage to do the things said above, your worries regarding your bills will soon be behind you.<br />
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M. Baylor, of Hurst Texas, grew up with both parents as doctors. Laws concerning medical care governed his fascination as he grew up. As a paralegal in Allmand & Lee, Marcus maintains an informative blog about medical bill debt, medical litigation, and the latest in the health care reform bills and government programs.<br />
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The Secrets About Medical Bills blog seeks to address all sorts of legal questions that people have on the subject. Providing insight and alternatives for those saddled with medical debt and issues that arise through no fault of their own, Marcus seeks to bring help to people who suffer financially due to health issues. Visit Marcus's blog to find out the latest legal tactics used to fight on behalf of the patient against health insurance companies. Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-36688801825972542592012-05-03T07:10:00.001-07:002012-05-03T07:10:00.525-07:00How To Pay Hospital Bills<b>How To Pay Hospital Bills</b> By. M. Baylor: It's incumbent upon you to know how to pay hospital bills. You can't just rely on insurance companies, hospitals, and doctors to make sure your hospital bills get paid. This isn't to degrade health care providers and medical professionals, but the system is run by people and fallibility is a constant when humans are involved.<br />
<a name='more'></a>One common proof of human fallibility can be gleaned from just checking your medical bill. Errors and redundancies in postings are common. You can't trust the system to work just because you don't understand what is posted there. Statistics show that more than half of hospital bills have errors in them. It's not uncommon for patients to be billed twice for the same procedure!<br />
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Once you receive a statement of your medical costs, you need to ask for an itemized bill that details your received services, laboratory fees, surgical procedure fees, and after care costs during your stay at the hospital. It usually takes about a month for the hospital to send you the bill, so make your request early. This way you can pay hospital bills on time.<br />
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Before you pay hospital bills, first make sure your bill contains no errors:<br />
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* Look at the name on your bill and ensure that it's the same as on your insurance policy. That could be grounds for an insurance company not to pay hospital bills.<br />
* Check your social security and insurance numbers as well as your patient number and make sure they are correct.<br />
* Check the number of days you were billed for in the document and make sure the records line up with the actual number of days of your stay. Most hospitals don't charge the day of your discharge, so make sure to clarify this with your hospital.<br />
* Are you billed for a private room when you actually stayed in a semi-private room? It is your responsibility to know how much each room costs so you can check for discrepancies.<br />
* Did you get the five-star treatment in the hospital? Believe it or not, this could place additional burden on your pockets because the kind of hospital care you get depends on the level of care your doctor orders.<br />
* Are you billed separately for nursing care? Most often, nursing fees are included with the cost of the room, but there are hospitals that ask for another set of charges for the nurses.<br />
* Check for redundant charges. You don't want to pay for the same thing twice when you pay hospital bills.<br />
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The hospital pharmacy usually charges more for medicines that you can buy for less somewhere else. Tell your doctor beforehand that you would like a separate prescription for medicines to keep costs down. Every bit of savings will help you pay hospital bills.<br />
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It's important that you keep your own records of all the services and medicines you receive in the hospital. Personal records will help you counter-check your statement of account before you pay hospital bills.<br />
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M. Baylor, of Hurst Texas, grew up with both parents as doctors. Laws concerning medical care governed his fascination as he grew up. As a paralegal in Allmand & Lee, Marcus maintains an informative blog about medical bill debt, medical litigation, and the latest in the health care reform bills and government programs.<br />
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The Secrets About Medical Bills blog seeks to address all sorts of legal questions that people have on the subject. Providing insight and alternatives for those saddled with medical debt and issues that arise through no fault of their own, Marcus seeks to bring help to people who suffer financially due to health issues. Visit Marcus's blog to find out the latest legal tactics used to fight on behalf of the patient against health insurance companies. Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-24472868299580352602012-05-02T07:08:00.001-07:002012-05-02T07:08:00.499-07:00Chapter 7: Protection From Bankruptcy Medical Bills<b>Chapter 7: Protection From Bankruptcy Medical Bills</b> By M. Baylor: Medical bills are the most common reason for people seeking bankruptcy. However, seeking protection from Bankruptcy medical bills is possible because hospital bills are considered as unsecured debt. A Chapter 7 bankruptcy is perfect in the sense that it is the quickest and the debtor can walk away with just a few nicks and cuts, particularly some properties that are not covered by exemption and your overall credit score, which may impact your ability to secure loans in the future.<br />
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<a name='more'></a>Bankruptcy medical bills could be the best thing that you can do to restart your financial future with a clean slate. There's a certain stigma to declaring bankruptcy but it's actually a very personal matter. Your privacy is protected and you can still move forward with your life as opposed to the misconception that you walk away only with your clothes on. In some cases, you can even keep your car under bankruptcy.<br />
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What happens is the court designates a trustee that will inventory your properties, determine which are exempted and sell those which are not. The money raised from the sale will be used to pay your creditors. To know which properties are exempted from Chapter 7 bankruptcy, talk to a lawyer proficient with bankruptcy laws. Some examples of properties covered by exemptions are: your house, tools or equipment you use in your profession, social security, disability or unemployment benefits, or life insurance. There could be some additional exemptions depending on state laws.<br />
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After filing bankruptcy, the court orders the creditors to stay away. But the law also allows creditors to prove that they are justified in collecting your debt, the burden of proof however swings to their side. Bankruptcy however will not wipe out all your debts. Any lien you owe prior to the medical emergency stays on records and you are required to settle it in due time.<br />
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Filing for bankruptcy medical bills will not automatically exempt you from paying the IRS. There are conditions before the federal tax agency will let you off the hook. Again, consult a bankruptcy lawyer to explain to you all the gradations of law in relation to Chapter 7 bankruptcy medical bills. You might be able to ward off your creditors but you can't get away from the IRS. Federal agents can still swoop in even after bankruptcy and seize your properties but only if they decide that you are trying to run away from your responsibility as a taxpayer.<br />
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M. Baylor, of Hurst Texas, grew up with both parents as doctors. Laws concerning medical care governed his fascination as he grew up. As a paralegal in Allmand & Lee, Marcus maintains an informative blog about medical bill debt, medical litigation, and the latest in the health care reform bills and government programs. Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-7438980671964351682012-05-01T07:04:00.004-07:002012-05-01T07:04:00.435-07:00Filing Bankruptcy Due to Overwhelming Health Care Debt? Protect Your Future<b>Filing Bankruptcy Due to Overwhelming Health Care Debt? Protect Your Future</b> By. Darren Dye: Once you have decided to file bankruptcy to relieve overwhelming medical debt, you must consider how to best protect yourself in the future. Unless you take measures to prevent this debt from reoccurring, you can once again find yourself in medical debt without the benefit of filing for another bankruptcy. Protecting yourself from future medical debt should be one of your first concerns while filing for chapter 7 or chapter 13 bankruptcy.<br />
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Individuals who have gone through bankruptcy due to devastating medical expenses have learned the hard way that their medical insurance was inadequate, and failed to completely protect them from financial disaster. Most individuals are insured through an employer-provided health care plan. These plans usually cover only a small percentage of the costs incurred after a catastrophic illness or emergency. Some individuals purchase their own health care plans. These individuals are usually self-employed. Individualized health care coverage is very expensive, and these plans have limitations as well. Still, there are options an individual can take to supplement their medical insurance coverage, minimizing their risk, of once again, becoming overwhelmed by medical debt.<br />
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Customizing health insurance can be a useful tactic. Individuals who purchase their own medical insurance have the advantage of tailoring their insurance plan to suit their individual needs. They can change their deductibles and coverage to reflect their specific health circumstances. Although employer-provided health care insurance is usually cheaper, there is decreased ability to modify this plan to meet their individual needs. One option some employers offer is to provide a stipend in place of health care insurance. This allows an employee to shop for a more personal insurance plan.<br />
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Catastrophic coverage is another option an individual can take to protect themselves from future medical liabilities. Catastrophic medical coverage is less expensive, and can be useful in enhancing an individual's health plan by covering just medical emergencies.<br />
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A Health Savings Account (HSA) can be a useful tool in managing medical debt. It is a tax-advantaged medical savings account available to taxpayers who are enrolled in a high deductible health plan. The funds contributed to a HSA are not subject to federal income tax at the time of deposit. These funds roll over and accumulate year to year if not spent. This approach allows the individual to set aside a certain amount every month into their HSA. These funds may be used to pay deductibles and other health care expenses not covered under their health care plan. A Flexible Spending Account (FSA) is another tool employers offer to assist employees to manage health care costs, but FSAs have significant disadvantages.<br />
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These are a few examples that individuals can consider when optimizing their health care insurance to protect them and their loved ones from medical debt and the threat of bankruptcy. There are many other concerns an individual must consider when planning for a medical emergency, such as the loss of income. Medical emergencies are very unpredictable, and no individual is immune to the possibilities of a medical crisis. It's a good idea to plan ahead for the financial impact of a potential health care crisis.<br />
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D. Dye<br />
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Darren Dye intern for The Cohen Firm, a bankruptcy law firm in Irvine, California. For further information regarding bankruptcy please contact Isaac Cohen, Esq. at 949-900-6700 or at icohen@thecohenfirm.com. Learn more about The Cohen Firm's bankruptcy services by visiting their website http://www.thecohenfirm.com. Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-46663492811464194092012-04-30T07:01:00.001-07:002012-04-30T07:01:00.073-07:00Tips to Avoid a Medical Bankruptcy<b>Tips to Avoid a Medical Bankruptcy</b> By. Jackson Bryants: Did you know that more than half of all bankruptcies are because people are unable to pay their medical bills? This matter cannot be neglected anymore due to the factor that numerous people have to lodge complaint for a bankruptcy due to the expensiveness of medical bills day after day. Something that you need to understand is that in order to avoid a medical bankruptcy you first need to know how you can avoid it and what steps you need to make in order to stay away from a bankruptcy. If there is one thing you do not want to do that would be filing for a bankruptcy because all that is going to do is ruin your credit for 7 years or more and hurt your borrowing power even more than you will ever know.<br />
<a name='more'></a>When it comes to staying on the sidelines of a financial problem of great tips I have for you is simply not to be in a place where you cannot pay for your bills. I know that medical bills are usually unexpected but the fact of the matter is you can not cover too much thinking with respect to payments of others, because everything seems to return all their medical bills. My advice to you is to make sure that you don't have any debt anywhere else because the second you get a medical bill that needs to be paid you should pay it or else you will run the risk of getting a lien on your house, the medical facility taking money from your bank account and even such things as getting your wages garnished.<br />
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Tips to avoid a medical bankruptcy<br />
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Have proper insurance - The first thing you must do in order to avoid a medical bankruptcy is to have proper insurance. The thing to understand is that many people in the United States does not have adequate insurance and that is a major reason why so many people have to file a medical bankruptcy. My advice to you is to do whatever you can in order to get the best insurance possible because without it you will have higher odds of filing a bankruptcy when you really should not have to.<br />
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Plan ahead - If you know you will need to go into operating room for something important then you need to have a plan and be prepared to pay cash for whatever it is you are needing. What most people don't understand is there is always enough time to save up for a medical procedure so if you know one is coming up then sell things, cut costs, and ultimately save part of your income in order to cover your medical costs.<br />
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The most important factor a person have to know in order to escape a medical bankruptcy is to be sure that the outstanding bills are paid off or about to be paid off.<br />
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If someone has cleared all his/her outstanding medical bills, then there is no need to think about as much in case you ever have to file for a medical bankruptcy. Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-86152780548389609432012-04-29T06:58:00.001-07:002012-04-29T06:58:00.191-07:00What to Do When Medical Bills Overwhelm You<b>What to Do When Medical Bills Overwhelm You</b> By Leonard A Simmons: Medical bankruptcy may become the only option for a person, regardless of their current financial situation or what type of medical insurance they carry. The uninsured are at the greatest risk of falling into the deep pit of overwhelming medical debt. However, in this economy, with fewer employers offering comprehensive and major medical plans, the well insured are also vulnerable. This is because of something on their policies known as the deductible.<br />
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<a name='more'></a>Everyone is vulnerable to catastrophe. When a person is admitted to the hospital for a critical illness or serious injury, initial treatment can cost in the hundreds of thousands of dollars, as in the case of a heart attack or multiple injuries. Long term treatments add to the cost and therapy even more. Medical bills totaling over one million dollars are not uncommon. Insurance will pay only the amount, less the deductible and the co-pay. So, for example, a $100,000.00 medical bill, assuming it is all initial treatment and care, is subject to 20 percent co-pay and a 10 percent deductible. That is approximately $30,000.00. Add to that therapy, corrective surgery, anesthesia and many other procedures and treatments all subject to the same deductions and you have a mountain of debt.<br />
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Bankruptcy, in the form of Chapter 7 or Chapter 13, is often an answer. Chapter 13 permits a person to keep any assets while paying off the debts in a three to five-year period. This may not be possible for debts of 50K or more unless the person can return to a high paying job. Chapter 7 removes the payment responsibility of the debtor and uses the sale of personal assets to pay off all or part of the debts. Chapter 7 is a good option in many cases. The filer keeps his home and car, furniture and clothes and can start over. A good bankruptcy attorney should be retained to navigate through the process and to protect you from creditors who refuse to play by the rules and continue to harass.<br />
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Will medical bankruptcy hurt your credit so badly that you will never be able to borrow money? Bankruptcy, although it is a mark on your credit that can last for ten years, is not the end of the world. Taking out a secured credit card with a bank or keeping one card current and out of the bankruptcy is a good way to start rebuilding your credit. Want to learn more about medical bankruptcy? Get more information: http://www.drakeozment.com. Article Source: http://EzineArticles.com<br />
Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-72996036701190053282012-04-27T06:58:00.000-07:002012-04-27T06:58:18.837-07:00Filing For Bankruptcy Due To High Medical Bills<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-4WxQmQjt15-_u-uFeN5COGPs552fkOQdJk-U4X253eRX8PxYQX0TpGuUYRU3v6VI9wcu6vpwP3MaTowdfIKKCJptYkGP4mT_aOcT9XgU3BtVs38ocKshlwHhx8STtISAza5FCoirTUc/s1600/Filing+For+Bankruptcy+Due+To+High+Medical+Bills.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="239" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi-4WxQmQjt15-_u-uFeN5COGPs552fkOQdJk-U4X253eRX8PxYQX0TpGuUYRU3v6VI9wcu6vpwP3MaTowdfIKKCJptYkGP4mT_aOcT9XgU3BtVs38ocKshlwHhx8STtISAza5FCoirTUc/s320/Filing+For+Bankruptcy+Due+To+High+Medical+Bills.jpg" width="160" /></a></div><div style="text-align: justify;"><b>Filing For Bankruptcy Due To High Medical Bills</b> By. Jenel Murg: High medical bills are among the numerous reasons why people file for bankruptcy. This is often the case in various cities in the US. The reason is very obvious; there's a high cost of health care services all over the US and beyond. Medicare is never cheap yet, it's still something you can't do without. It's necessary for the maintenance of life. Medical bills can actually become very high that you may even lose hope of paying them off. If you find yourself in such a situation, filling for a bankruptcy is the best option you can take. It can easily help you to resolve issues regarding the medical bills and also help you to begin anew.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">There are several options you can take when you decide to file for bankruptcy. You need to begin with the common types of bankruptcy that can be of help.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Chapter 13 Bankruptcy is one of the best options to go for. It allows an easy repayment plan for individuals. You can always benefit a lot from this type when you go for it.</div><div style="text-align: justify;"></div><a name='more'></a>Chapter 7 Bankruptcy is also another better option to go for. It's actually the most popular when it comes to medical bills. It's simply a straight or liquidation bankruptcy. It deals with the liquidation of an insolvent company and the onward distribution of any remaining assets. You'll also benefit from that when you know the details.<br />
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</div><div style="text-align: justify;">Chapter 11 Bankruptcy is yet another unique option for most people. It allows an insolvent company to be reorganized. It also offers the repayment of debts and the creation of brand new corporate entity.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Any of these types of Bankruptcy will always be of help when you check them out. It's also important you know a lot about credit card debt consolidation if you want to receive more help for dealing with high medical bills. You're sure to gain a lot from that when you discover the processes involved.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">To be on a safer side, it's important you seek for proper guidance in filing for bankruptcy due to high medical bills. You need to secure a profitable bankruptcy advice from a reliable outfit. There are several bankruptcy lawyers out there who can as well help you. If you're able to arm yourself with useful pieces of information concerning bankruptcy filing, you'll always have a smooth ride when you go for the right type.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">There are several options you can take when you decide to file for bankruptcy. You need to begin with the common types of bankruptcy that can be of help. Chapter 13 Bankruptcy is one of the best options to go for. It allows an easy repayment plan for individuals. You can always benefit a lot from this type when you go for it.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Your guide to filing a bankruptcy. Visit. http://www.tofilebankruptcy.net for more bankruptcy resource. Article Source: http://EzineArticles.com</div><div style="text-align: justify;"><br />
</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-52012615871310305852012-04-27T06:54:00.000-07:002012-04-27T06:54:42.199-07:00Medical Bankruptcy: Who Is Affected?<div style="text-align: justify;"><b>Medical Bankruptcy: Who Is Affected?</b> By Alison Gilbert: At this time, there are many things that give a difficult to many individuals and also to families. It can be in the simple form of paying monthly bills and also the daily necessities of each family member particularly to those who need to go to school. And this is why there are an increased number of people who are filing for bankruptcy. Their main reason is because of the economy changes which affected their income or even experienced unemployment which is one of the common situations at this time.</div><a name='more'></a>If there are people who are filing for bankruptcy because of the tight situation they are in and for not having the capability to pay for the bills and other things that involve house payments, another kind of bankruptcy known these days is the medical bankruptcy. It is not a new that many individuals are also filing for this type or field, however with the entire bad economy situation the number of the people who filed for it also increased. Of course the unemployment the increased prices of products affected many families especially the ones who are in a tight budget and is only a minimum wager.<br />
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Medical bankruptcy is commonly filed by middle range families or the ones who only earns by the minimum wage. And being hospitalized even just for a few days could be very difficult for them because the laboratory tests, medicines, and confinement will surely cost a lot. To add more, having no insurance policy for your family could also be a problem, but then again acquiring insurance would also cost money and would be difficult to pay. And this is why many have resolved to the option of filing bankruptcy to aid the problem in the mean time.<br />
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On the other hand, it does not mean that a person who already has an active insurance policy would escape the grasp of bankruptcy. We all know that to be sick is very expensive. Once you get to the hospital, you will have to pay for a lot of transactions will really rip a lot from your income making you whole budget tight or not enough. If you are just in the hospital for a small check up is fine, however in cases that the person have to go through intensive examination and laboratory tests, it will absolutely cost a lot.<br />
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Filing for medical bankruptcy can be prevented by keeping your own self healthy and good condition. And by adding a personal insurance policy to the list could even lessen the chance for you to file for it. However, in cases that you have no other choice, keep in mind that this option is available for you to take but some consequences will be held. But as long as you prevent having medical problems, you can prevent uprising bills that can lead you to filing for it, but of course nobody could tell what is going to happen. That is why try to prevent it as much as you can even in your own simple ways.<br />
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Alison Gilbert writes about where you can get information about Medical Bankruptcy on her blog, visit the Medical Bankruptcy blog for more information about it. Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-272716436810069102012-04-25T12:21:00.002-07:002012-04-25T12:21:00.735-07:00Is It a Good Time to Invest in Gold in 2012<div style="text-align: justify;"><b>Is It a Good Time to Invest in Gold in 2012</b> For decades many have invested in gold and for most, it has proven to be a good investment. However, before making an investment in gold, it is best to consider all aspects of gold. Investing in a gold coin is another way to invest in gold.</div><div style="text-align: justify;"></div><a name='more'></a>With gold and silver, there is usually a limited supply and in the past decade, the demand for gold has increased. Common sense will tell you that when the price of a certain item rises and the demand is less than what is in supply, the value of the item-such as gold--will increase.<br />
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</div><div style="text-align: justify;">One big advantage with gold is that it can be melted down and turned into jewelry. Many foreign countries like India love jewelry-hence the value of gold for jewelry, rises. When a person invests in gold there are two basic advantages that come with it such as being a secure way to invest in one's future. With economic times as they are and if an emergency arises, the value of gold will go up and of course, be of help in that emergency. Another advantage of buying gold is that it can be used as an alternative currency. Gold coin values fluctuate according to the economic twists and turns of an economy.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Buying gold is actually another way to invest in currency and future growth. When the value of the dollar drops, then gold and other investments usually rise and this helps to preserve the value of your current wealth. For many buying gold offers diversification in one's investments. Investing in gold coin is a great investment option.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">When it comes to deciding how much gold one should invest in, some say that between 10% and 25% should be invested in gold. The best kind of gold coin investment is "government-minted bullion coins." Gold coin investments are worthwhile and are quite productive.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Gold coin option investments can be investments that adds value to your portfolio. Coin collections are also another way to invest. Other examples of coin investments are: Bars, Bullion, Silver Coins and silver bullions. For more information on coin investments, talk with a financial advisor.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The most popular investment coins are the Krugerrand, which is government minted in South Africa. The US Eagle, minted in the United States of America and recognised as an investment quality coin world-wide. If you are in the UK or Europe, then you will probably buy the British Sovereign and Britannia. Both minted by the Royal mint and also traded globally. In the UK the Sovereign and Britannia are exempt from Capital Gains Tax, making them and highly sought after investment.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">In answer to the question, "Is it a Good Time to Invest in Gold in 2012," the answer is a resounding, yes!</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Oscar Heath invites you to learn more about Investing in Gold Coins. We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For instance, Greece, Spain & Italy have already faced a rapid increase in their cost of borrowing money. For your Free Gold Investing Guide please visit http://www.BullionUK.com.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Article Source: http://EzineArticles.com</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-80981013279856613842012-04-24T12:18:00.003-07:002012-04-24T12:18:00.773-07:00Best Gold Coins to Buy<div style="text-align: justify;"><b>Best Gold Coins to Buy</b> By Oscar Heath: Whether you are a casual investor or a professional dealer, investing in gold is almost always a good idea. Whether you invest in gold coins or gold bars the price almost always goes up. That's the good thing about gold coins and gold bars, it's always a safe investment that you can liquidate when you need or want to cash in on the money. The process behind buying coins and bars isn't quite as clear though.</div><div style="text-align: justify;"><br />
<a name='more'></a>First of all you need to know that you can buy coins and gold bars in a lot of different shapes and sizes. For the most part if you plan on investing then you need to buy in large quantities to increase the net gain from your investment. When you purchase in small amounts, the gold bars and coins will carry a higher premium above the base price, or 'spot price' of gold. And of course the bullion dealer or trader has his mark up to add. There may also be shipping and insurance costs when buying online, or mail order. This all cuts into your investment so buy in larger quantities, 1oz coins are ideal, and carry relatively small premiums above the spot price. The more you buy, the lower the premiums will be.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">When you are buying gold bars this is especially true, you want the biggest size possible for the biggest net gain. Not only that but they are less costly then coins to design and create so they come at a lower premium cost. So if you want to casually collect gold then gold bars are not for you, but coins on the other hand might be exactly what you are looking for. Gold coins are great because they usually are valued higher then the gold they are made from. This is because of the collectors value associated with them, and the minting and production costs which go into producing them. The problem is that it's sometimes hard to find where to purchase these coins from. Most of the time you can find them being sold by the nearest mint and you will have a large selection of limited run coins to choose from. Regardless of which gold coin you choose to buy, gold coins are gold coins and a pure 1oz 999.9% gold coin will contain as much gold as the next.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">All in all buying gold bars and coins whether as an investment or a hobby can be profitable. You just need to make sure you know that gold bars are only worth getting when you can afford larger quantities. Either way it's a fun hobby that you have a chance to make some extra money with, so make sure to look into getting yourself some gold coins and bars today.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Oscar Heath invites you to learn more about Investing in Gold Coins. We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For instance, Greece, Spain & Italy have already faced a rapid increase in their cost of borrowing money. For your Free Gold Investing Guide please visit http://www.BullionUK.com.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Article Source: http://EzineArticles.com</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-38297330904295527772012-04-23T12:16:00.003-07:002012-04-23T12:16:00.859-07:00Canadian Maple Leaf Gold Coins<div style="text-align: justify;"><b>Canadian Maple Leaf Gold Coins</b> By Oscar Heath: Lots of people just are not comfortable keeping their investments limited to cash, stocks and bonds, and when that happens the market for gold and silver bullion goes up and up. The value of gold or silver might be seen as relatively steady, especially in harsh economic times, such as the current economic climate, and if you invest some of your wealth in bullion precious metal then if the value of currency drops lower you can sell your bullion at a handsome profit.</div><div style="text-align: justify;"><br />
<a name='more'></a>For those that want to buy their bullion in coin form, Canadian maple leaf coins are seen as some of the purest gold coins in the world with a purity of.9999. In addition to beauty the maple leaf coins are seen as the standard for 24k gold coins throughout the world, and they are highly recognized when it comes time to go to a dealer to have your coins appraised. Additionally though, these bullion coins are a two-fold investment. The pure 999.9% gold the coin is actually made of is the first part of your investment, and the second part is the value of the coin itself. Whether it is as a collector's item or as a unique example of the maple leaf coin, your gold coin may in fact be worth more if it is older or meets a certain requirements of rarity that adds value on top of the precious metal it's minted from. The Royal Canadian Mint also produce limited and special edition maple leaf coins. Such gold coins are highly sought after, and retain a certain collectible value.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">This insurance on just what an investment is worth makes gold coins, and especially the Canadian maple leaf gold coins, an attractive investment for many buyers. In addition to keeping some of your wealth in bullion form though, these coins can be used for short or long term investments. If the value of gold is going up then you could transfer a significant portion of your investment cash into gold bullion and then wait for gold to reach its peak before you convert that physical gold back into cash. Or you could leave your money invested in the gold and keep it in a safe for hard times, since there is a certain value that gold always has in the economy.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The Canadian Maple leaf coins are minted in weight of 1/20oz, 1/10oz, 1/4oz, 1/2oz and 1oz as the standard sizes. Last year the mint produced a massive 100kg gold bullion coins, which sold for a whopping two million dollars.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">All this makes these perfect for small and big investors alike. And the smaller gold coins make ideal small gifts for close friends and family members. A treasure which will be cherished and rise in value for years to come. All in all, this coin is a roundabout wonder that buttresses all investment options.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Oscar Heath invites you to learn more about Investing in Gold Coins. We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For instance, Greece, Spain & Italy have already faced a rapid increase in their cost of borrowing money. And to read more on the subject visit the BullionUK Blog http://www.bullionuk.com/blog/</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Article Source: http://EzineArticles.com</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-44133085428078864102012-04-22T12:13:00.001-07:002012-04-22T12:13:01.013-07:00Honest Money: Gold<div style="text-align: justify;"><b>Honest Money Gold</b> Let's face it. Gold is honest money. Unlike fiat money (paper money), which we all use - backed by the FED, gold's value isn't backed by a "promise to pay." The value of gold is real, it cannot be changed via inflation or monetary policy or at the whim of some politician. As a commodity with intrinsic value, gold has survived as a currency for thousands of years throughout history, while most paper money created over that time has disappeared.</div><div style="text-align: justify;"></div><a name='more'></a>As any numismatist can tell you, currency created via government decree (fiat money) has, historically, a way of disappearing. The US dollar, the world's reserve currency, has only survived as long as it has due to the fact that there is consensus over how to trade oil: only in U.S. dollars.<br />
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</div><div style="text-align: justify;">Should the world decide that oil can be traded in other currencies or bartered away, then it will no longer be considered the world's reserve currency, and will likely disappear due to the enormous amount of debt the United States of America has taken on to combat the downturn in the economy.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Unfortunately, as currencies lose value, the wealth denominated in those currencies (read US dollar) also obviously diminishes. In order to allow your wealth to maintain the ability to pay debts some of your wealth must be allocated to a money that doesn't diminish due to speculative and political forces. More often than not, history has taught us, that money is gold, and in some cases silver.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Even when currencies do well, gold as part of an investment portfolio is still a valid investment strategy. Just in the past 15 years, we've seen equities hit three peaks followed by three devastating declines. As the equities have hit bottom, in all three cases, the price of gold has soared.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">So a valid investment strategy would be to purchase gold as part of a portfolio, along with equities to hedge any market risk present in the equities. Then once equities decline, as they cyclically do, one could wait for the rise in the price of gold. Once the price of gold soars, it would make sense to sell some of that gold to purchase equities near their bottom.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Step two might be to wait for equities to bounce back accompanied by a decline in the price of gold. Once equities have bounced back and some of the luster has gone out of owning gold, one could sell some equities and purchase gold.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">A portfolio balanced in this way takes advantage of the age old adage: Buy low, sell high. At http://www.AmericanMiningTribune.com, small cap, undervalued gold stocks are often featured as part of a regular investment column.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Sy Lewis has been specializing in small mining companies since 1992 and believes that fiat currency will soon have to reconcile with commodities. Working out of Beverly Hills he frequently writes his opinions in an electronic paper called AmericanMiningTribune at http://www.AmericanMiningTribune.com</div><div style="text-align: justify;">By Sy Lewis </div><div style="text-align: justify;">Article Source: http://EzineArticles.com </div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-34730216084372860782012-04-21T11:58:00.004-07:002012-04-21T11:58:01.076-07:00Buying US Gold and Silver Eagles As an Investment<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhii1VZh6dPBzZBEGNNFqFdVX-hueqdGg3tgFl7t0TYU-66av4z0dGKwdaIk43BhknhgHEartk3JSeSz8y5U7CbaQXTHu3Mcsgui7mMBYDyhqCCU_dIJ1epmQdYJe1pUbDb5wMuIUMlPBw/s1600/Buying+US+Gold+and+Silver+Eagles+As+an+Investment.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="234" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhii1VZh6dPBzZBEGNNFqFdVX-hueqdGg3tgFl7t0TYU-66av4z0dGKwdaIk43BhknhgHEartk3JSeSz8y5U7CbaQXTHu3Mcsgui7mMBYDyhqCCU_dIJ1epmQdYJe1pUbDb5wMuIUMlPBw/s320/Buying+US+Gold+and+Silver+Eagles+As+an+Investment.jpg" width="160" /></a></div><div style="text-align: justify;"><b>Buying US Gold and Silver Eagles As an Investment</b> By Oscar Heath: When it comes to investing one of the safest markets that people have trusted over the many years is gold and silver. And while many people prefer to invest in silver or gold bullion or bars, there are many people in America that prefer to invest in gold and silver eagles. This is something of a dual investment, as you are not only buying gold or silver, whichever one is your choice, but you are also buying the value of a historical and usually uncirculated United States coin.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The reason that many people invest in precious metals like gold and silver is that the value of them will remain relatively steady if your country's currency is dropping, like what is happening now in the United States and in Europe. So you purchase gold one year, and then sell it when you need money and it will bring a profit. That is why many investors buy gold or silver bars, because they are worth a great deal, unlike so many failing fiat currencies. </div><div style="text-align: justify;"></div><a name='more'></a><br />
<div style="text-align: justify;">You can keep coins in a small, safe place to protect your physical investment. But if you choose to invest your money in gold or silver eagles, which are coins that have been minted from gold or silver, then you're not just investing in the raw gold or silver but also in the value of the eagles on the coin market and as historical items over and above the materials that they happen to be made from. This gives us eagles an additional layer of value that helps insulate you from losing your value.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">On the one hand, the value of the US eagles as coins can change, even going up as they become more rare to make your initial investment all the more valuable. On the other hand if the value of the US eagles as coins goes down, there is always the value of them as gold or silver coins. This makes certain that your investment in eagles has a secondary level. But whether you're an avid coin collector or you want to have some physical money that is easily converted to cash on hand, gold and silver eagles make for a fine investment over the years.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The United States gold and silver eagles continue to be minted in abundance. There is a large market for these coins, as well as a diverse array of weights. This allows even the smallest investor to get involved in these coins.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">You can view prices, weights, and the actual coins here: BULLIONUK</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Oscar Heath invites you to learn more about Investing in Gold Coins. We really have a special opportunity to buy gold. The economy is slowly but surely showing signs of greater and greater strains. For instance, Greece, Spain & Italy have already faced a rapid increase in their cost of borrowing money. And to read more on the subject visit the BullionUK Blog http://www.bullionuk.com/blog/</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Article Source: http://EzineArticles.com </div><div style="text-align: justify;"><br />
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</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-58758837614503161422012-04-20T10:18:00.002-07:002012-04-20T10:18:00.591-07:00Currency - Forex Online Trading - Can Newbies Make Money With Forex Online Currency Trading18<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUuXmICOrO09ZY7qPTcahELofNeFdFv3i5Zjvf0pZaqE8mWSe1MSENwCr1-vzLxGIHVibqBbnPhWGdy2ZJwdQ90DFRfTx_NR_KqJ7qwTLpqSePnLD_tYtoWbeWi-d891nDNZqkd3CuRHI/s1600/Currency+-+Forex+Online+Trading+-+Can+Newbies+Make+Money+With+Forex+Online+Currency+Trading.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="197" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiUuXmICOrO09ZY7qPTcahELofNeFdFv3i5Zjvf0pZaqE8mWSe1MSENwCr1-vzLxGIHVibqBbnPhWGdy2ZJwdQ90DFRfTx_NR_KqJ7qwTLpqSePnLD_tYtoWbeWi-d891nDNZqkd3CuRHI/s320/Currency+-+Forex+Online+Trading+-+Can+Newbies+Make+Money+With+Forex+Online+Currency+Trading.jpg" width="255" /></a></div><div style="text-align: justify;"><b>Currency - Forex Online Trading - Can Newbies Make Money With Forex Online Currency Trading</b> Do you want to learn to trade in the nearly two trillion dollar a day Forex market by doing Forex online currency trading? Are you concerned because you are a beginner and you don't want to lose all your money? Are you worried that it could just be too tough to make a profit?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">This mini-guide to currency Forex online trading gives you an overview of the risks and rewards of Forex online currency trading. Read it and you'll probably see that if you're willing to put in a little bit of work, this can be a great market to trade in - even if you're a newbie.</div><div style="text-align: justify;"></div><a name='more'></a><br />
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<div style="text-align: justify;">What Is the Forex and What Is Currency: Forex Online Trading?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The Forex stands for the foreign exchange. The commodity you will be trading online is currency. The Forex market deals with only one activity - buying and selling currencies for the express reason of making a profit.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">When you are involved with Forex online currency trading, your money can travel around the world in seconds.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">For example, when you buy (go long) a currency you strengthen that country's economic position and raise the value of their currency. If the value of the currency increases, the pip (percentage in point) goes up. The more the pips increase the more money you can make.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">One of the nice things about trading the Forex is that you do not have to be overloaded with information, as you could be if you were trading stocks and bonds.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">This does not mean that you should just jump in and start trading. There are still things to learn in order to be a successful trader. However, the learning curve is a not nearly as steep.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">When Does the Forex Market Operate?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The Forex is in business twenty-four hours a day, almost five-and-a-half days per week - from Sunday afternoon through Friday. This means you can do currency Forex online trading pretty much according to your schedule - at any time during the day or night.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Keep in mind, though, that there are more advantageous times of the day to trade.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Because you are trading online you can access the foreign exchange from anywhere in the world where there is an Internet connection.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">How Much Does It Cost to Get Started?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Most people who learn Forex online currency trading start with a small account, so they do not risk a lot of money. You can start an account with as little as three hundred dollars.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">And, unlike trading stocks, most Forex brokers do not charge a commission. This means you can earn more money from your successful trades and lose less on your losing trades. These savings can really add up over the course of a year.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">How Can You Learn Forex Online Currency Trading?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Some people try to learn by signing up at an online brokerage account. If you're new to trading it can even be a bit confusing picking the best broker because although brokers do not charge commissions, they control the spread between the bid and the ask on the currency pairs that are traded. Bottom line is that the spread affects the amount of profits and / or losses in your account.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">That's why a lot of newbies like to find a good source of quality information such as a highly recommended eBook or video course.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Next, here is a highly rated beginners course on Forex online currency trading. And go to http://www.FXOnlineTradingReport.com for reviews on more than a dozen additional courses and software that can help make you a profitable Forex trader.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">(c) Copyright - Steve Schulman. All Rights Reserved Worldwide.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Article Source: http://EzineArticles.com</div><div style="text-align: justify;"><br />
</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-77134872652154727872012-04-18T12:26:00.001-07:002012-04-18T12:26:35.172-07:00MBFX Forex System Review - Best Forex Online Trading System<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMUUxM4KIM2RxCfhdzaWVXGbEieit9jn81A1pMWoRxw6eDx7kkTD8akVDAojPSrrqqp_f2XUCrsT5ln5ZGLh9LbNDfLCesJku2Yq9dyDTyXKGF_kABlPeyEw32iwHfbQZxANW1rDVeOVc/s1600/MBFX+Forex+System+Review+-+Best+Forex+Online+Trading+System.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="148" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgMUUxM4KIM2RxCfhdzaWVXGbEieit9jn81A1pMWoRxw6eDx7kkTD8akVDAojPSrrqqp_f2XUCrsT5ln5ZGLh9LbNDfLCesJku2Yq9dyDTyXKGF_kABlPeyEw32iwHfbQZxANW1rDVeOVc/s320/MBFX+Forex+System+Review+-+Best+Forex+Online+Trading+System.jpg" width="176" /></a></div><div style="text-align: justify;"><b>MBFX Forex System Review - Best Forex Online Trading System </b>By William Barnes : Is the MBFX Forex system really the best Forex online trading system like what some people are claiming? Just like any other legitimate method of investment, trading currencies involves risks and will certainly result in huge losses if not done correctly. Also, another common misconception is that one would need a lot of starting capital to start trading and making money from currencies and nothing could be further from the truth.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">1. My Experience with Using MBFX Forex System and How It Is Helping Me So Far</div><div style="text-align: justify;"></div><a name='more'></a>With MBFX currencies trading system, I have managed to generate consistent profits using the set of colored indicators which have helped me analyze and see the market as a whole without having to spend hours analyzing charts. These indicators provided with the download package show me exactly what I need to do at different price levels on the charts, and all I need to do is simply follow the guide's instructions and invest the right amounts and setting the correct take profit and stop loss levels.<br />
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</div><div style="text-align: justify;">2. What Will You Need to Do and Have Before You Can Start Profiting From MBFX Forex System?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Before you can start trading currencies, you will have to set up a broker account if you do not already have one, and this guide also provides tips about choosing the right broker based on your own circumstances. Since the Forex market can be accessed from all over the world, anyone can make use of these indicators regardless of where they are around the globe as long as they can gain access to the Internet and can access their Forex trading platforms.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">3. How Many Trading Opportunities Can You Expect to Get Every Day When Using MBFX Forex System?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Depending on the market trends, I may get no trading opportunities at all on certain days while getting 2 and even 3 opportunities to trade on other more volatile days. It is also important to note that currencies trading can be extremely volatile and speculative as brokers can allow very large leveraged positions for their clients. Making money requires the movement of exchange rates of currencies against one another and therefore you should take the time to understand what makes these currencies move, which the guides in this package also explain very clearly to me.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">4. How was the MBFX Forex System Designed and Does it Really Work?</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">All in all, this strategy was first created and has evolved over almost 22 years now, with tweaks being made whenever there are fundamental changes in the FX markets. If you are an avid follower of the movement of currencies, you will certainly know how the fundamentals of many currencies have changed over the years as the US dollar continues to weaken.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Is MBFX Forex System a scam? Visit http://mbfxforexsystemreview-bonus-scam.wetpaint.com to read a FREE report about this new Automatic Forex Trading Software to find out the truth and get a complimentary FREE MBFX Forex System Bonus Download!</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Article Source: http://EzineArticles.com</div><div style="text-align: justify;"><br />
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</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-27191288310004031772012-04-16T10:18:00.002-07:002012-04-16T10:36:24.482-07:00Commodity Forex Online Trading Secrets<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgl49ShaKc14JHrT0telb6QibJNqRTaKRvnaL0GDDdu13Jk_Vr4a2UUneUcIomd4iNKu2wqg0OD_KD06y2yp-cvcX7V7fD9nVr6Ciq1Xd9bL4Nrk87lZ1rtaAplpWbeJcMtgtQ-_LfEDXc/s1600/forex.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="192" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgl49ShaKc14JHrT0telb6QibJNqRTaKRvnaL0GDDdu13Jk_Vr4a2UUneUcIomd4iNKu2wqg0OD_KD06y2yp-cvcX7V7fD9nVr6Ciq1Xd9bL4Nrk87lZ1rtaAplpWbeJcMtgtQ-_LfEDXc/s320/forex.jpg" width="186" /></a></div><b>Commodity Forex Online Trading Secrets</b> By James Roshwood: What is commodity forex online trading? To a new forex trader, the idea of trading commodities and trading currencies at the same time is confusing. Surely currency is the thing that we are trading? What do commodities have to do with it?<br />
<a name='more'></a>The answer lies in economics. Commodity forex trading is based on a specialized type of fundamental analysis of the forex markets. It is a strategy that recognizes that the economies of some countries are heavily dependent on certain imports or, more often, exports of raw materials such as oil, precious metals, agricultural products that contribute to an individual nation's GDP (Gross Domestic Product). Therefore, the price of those countries' currencies will be linked to rises and falls in the price of those particular commodities, and foreign currency traders can profit from following those prices.<br />
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Many of the smaller economic powers, especially in the developing world, are heavily dependent on the export of one or more raw materials. However, most currency traders would avoid those minor currencies since the political situation is often unpredictable, liquidity is low and fluctuations can be extreme.<br />
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This leaves us with three major commodity currencies that a trader might want to get involved with namely the Canadian, Australian and New Zealand dollars.<br />
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The Canadian dollar (CAD) is probably the most popular commodity currency for forex traders. Canada is the world's second largest exporter of oil, so it is obvious that significant changes in oil prices will affect the value of the Canadian dollar. When you combine this with the fact that the USA is a huge importer of oil, it is clear that the price of the USD/CAD pair is likely to react strongly to a major shift in oil prices.<br />
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Australia's major commodity export is gold. You could make a study of gold prices and their effect on AUD currency pairs but at the very least, if you are involved in any forex trades that include AUD you should keep an eye on gold prices. New Zealand's commodity exports are more varied so if you trade an NZD pair you will need to watch the general commodity price index (CRB).<br />
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It is important to understand that even where the link is very strong, currency values will not always respond to a change in commodity prices. Normal fluctuations tend to be ignored by the forex market. However, predictions or announcements of significant changes in the price of oil, for example, will likely be followed by a shift in USD/CAD. What is more, this does not necessarily happen right away, so a knowledgeable forex trader can get in on the action just as the trend is forming.<br />
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Of course, other factors will also affect prices. It is important not to concentrate on commodity values to the exclusion of all else, or you could be caught out. However, for certain currency pairs it can certainly pay well to understand commodity forex online trading. It is very important to keep your eyes open for any economic news affecting these nations and it would be wise to check out the economic news calendar at Forex Factory.<br />
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Get Free Forex eBook - James Roshwood writes about Forex and welcomes new visitors to his excellent Forex Blog - GreatForexWorld.com by giving them a cool free forex gift. To get your free tips regarding forex trading and to visit the blog at Great Forex World just click on this link ==> Get My Free Forex eBook<br />
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Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-84917592370226268092012-04-16T10:13:00.000-07:002012-04-16T10:13:10.485-07:00Commodity Forex Online Trading<div style="text-align: justify;"><b>Commodity Forex Online Trading</b> By John Callingham Forex trading is a hot commodity today and is on the rise. Commodity forex online trading is probably something that you personally have never heard of but it has been done by banks, large financial institutions, and multi-national corporations of years and years. </div><div style="text-align: justify;"></div><a name='more'></a><br />
<div style="text-align: justify;">These companies have gotten filthy rich off this ungoverned and unregulated market and now it is your turn. Forex trading is an absolute gold mind and if done properly can turn your low risk investment into millions and millions of dollars. The exchange rate, both on a global and local level control all the forex trading today.<br />
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The object of the market in a nutshell is to buy currency for cheap while the exchange rate is low, and wait for your currency to rise as the market fluctuates and sell it. You can make a killing doing this on a daily basis and as this market is unregulated your earning potential can sky through the roof. You can find yourself quitting your day job and focusing on currency trading within a matter of weeks. The foreign exchange market can turn the average Joe into a big name multi-millionaire. It can definitely change your life for the better.<br />
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The custom forex indicator is a good way of telling how each different currency is doing at any point in type. Basically the market is the exchange of currencies between two different countries. Believe it or not, if you have traveled to a different country you participated in forex trading at a much lower level. Being up-to-date on all international issues is a must. The slightest sway in global events can change your currency value dramatically for the best or worse.<br />
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You don't need to spend thousands and thousands of dollars on broker forex online trading. No need for a fancy broker in forex trading, that may be only needed for stock trading. Forex trading is much more different and a lot more profitable. So when you are thinking forex trading, do not think of the stock market. They are similar, yet so much different. You need to get yourself an easy forex system and stick to it. For a low cost of a system, you can find yourself making a killing day after day. This year alone I have made over $300,000 just by trading currencies. Forex global trading has finally hit its highest point in history. Individual forex traders are finally finding out the benefits instead of this business strictly being for financial institutions or multi-national corporations. If they can make millions of dollars doing it, why can't you?<br />
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With forex trading you absolutely and positively control your own destiny. This market is 100% liquidated and you are never tied up in a certain currency. You can get out at anytime and trade your currency away at anytime. Unlike the stock exchange, the forex market is open 24hrs a day. There is no other investing market out there with this type of service! I wish you the best of luck!<br />
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John Callingham has been teaching traders all over the world about commodity forex online trading His award winning course shows some of the best forex trading strategies in the industry. Learn more about John's course at ForexReviewInsider.com. Article Source: http://EzineArticles.com<br />
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</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-26644227435576436402012-04-16T10:10:00.002-07:002012-04-16T10:10:54.030-07:00Forex Online Trading Systems<div style="text-align: justify;"><b>Forex Online Trading Systems</b> By John Callingham: Forex online trading systems can be used to be one of the most profitable vehicles to steer your way into millions and millions of dollars a year. Before you can use forex online trading systems that are simple, you must understand how forex trading exactly works. For starters, you must pay very close attention to what is happening in the world because this can greatly affect forex trading.</div><a name='more'></a>Forex trading can be a "cash cow" if traded correctly and can be a non-stop profit making market. Forex trading can happen 24 hours/7 days awake around the entire world both locally and globally. Many people do this as a full-time living and have been able to quit there 9-5 day job and focus on currency trading. Individual currency trading only accounts for a small percentage of the trillions of dollars exchanged daily. The whole make-up of the market consists of huge brokers such as financial institutions and multi-national corporations. The advantages of individuals trading on the open forex currency market are advantageous. For one, it's a huge liquid market that is simple to trade almost all currencies. You will be able to profit from both rising and falling markets with next to no capital for starting up. For as little as $300.00 you can be rolling in lots of cash.<br />
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What forex trading boils down to is the following:<br />
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1. Make a huge profit from the up and down movements in each currency market<br />
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2. When buying currency you must only make trades in which you expect the currency you are purchasing will increase in value and selling the currency you have before it decreases in value, otherwise you will make no money.<br />
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3. Keep in mind that the exchange rates are constantly changing. You must monitor the market and study it at least 1 hour or 2 hours a day to be on top of your game. Use all the free resources out there possible because these resources are usually being updated at least once a day. A good saying I was once told, "everything tastes better for free".<br />
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Forex trading is different than any other market. Let's take the stock market for example.<br />
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1. The forex trading market is not regulated like the stock market. There is no limit to how much cash you can quickly make. You're a free to do pretty much anything you want in this market.<br />
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2. Forex trading is the largest market in the entire world! You are not physically exchanging currencies either it all happens electronically over the computer. It is almost just like the stock market where you have no physical stocks, it is all electronic.<br />
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3. Dangers of forex trading are minimal compared to the stock market exchange. You do not need an expensive stock broker, all you need is a simple to use system and an internet connection and you will be well on your way to earning millions.<br />
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Whatever you decide to do, I wish you best of luck in your Forex Trading. It is a highly valuable market. Using the right predict forex best online stock trading forex day tradin techniques will get you a long way in this market.<br />
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John Callingham is a professional Forex trader.<br />
Learn how to trade the forex using John's proven and award winning course. John specializes in exposing the dangers of forex trading to both beginner and advanced traders. To learn more about John's award winning course on profiting in trading Forex, visit http://www.ForexReviewInsider.com<br />
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Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-68136690095899235372012-04-16T10:04:00.000-07:002012-04-16T10:04:31.051-07:00Forex Online Trading Platforms<div style="text-align: justify;"><b>Forex Online Trading Platforms</b> By Andrew Daigle: Unlike the stock market, the Forex market is generally an unregulated market with no central location for trading. Traders use the services of a Forex broker to participate in the market. In the U.S., legitimate Forex brokers are registered with one of the various regulatory agencies. </div><div style="text-align: justify;"><br />
</div><a name='more'></a><br />
<div style="text-align: justify;">If you are new to Forex trading systems, you must be careful to seek a registered broker and avoid off-exchange currency dealers and the scams that have evolved around the Forex market. Legitimate brokers may be found online and your chosen Forex broker should provide an online platform for you to trade on. Online platforms provide Forex trading systems with less costly trades and better accuracy in the pricing of currency pairs than conventional trading systems.<br />
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Technological advances in computers and the Internet are responsible to create a market of online Forex trading opportunities. The Internet has provided for market knowledge to be disseminated to the global Internet community. This information was traditionally limited to banks and other financial institutions. With the advances in online, real-time and near real-time information flows, you have access to market information in line with the banks and financial institutions. Even during periods of market volatility, online platforms are able to provide a consistent flow of quotes. However, many online platforms are disguised as Forex trading platforms when they are really frauds.<br />
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Some of the fraudulent online platforms that you should be careful to avoid, particularly if you are a new or inexperienced trader are fraudulent brokers, bookmakers and bucket shops. Fraudulent broker practices may include offering outrageous bid/ask spreads and requiring unreasonable commissions. They may promise profits and never deliver them or claim to be trading your money when, in reality, they have used the money for personal interests. They may also provide you with phony accounting statements that indicate profits they never made or they may attempt to lure you with phony stories of successful business relationships using fake customer names. The onus is on you to invest time and resources in locating a reputable broker.<br />
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Bookmakers are platforms established to bet on currencies. While this type of betting is perfectly legitimate in some states, it is not to be confused with Forex trading systems. In many cases, bucket shops are fraudulent platforms designed to cheat you out of money. Though they will claim to engage Forex trading, they have no connection to Forex. Their fraudulent schemes usually involve convincing you to invest in currency futures and options rather than the spot trading market that is Forex. Since the methods of futures and options trading provide for a broker to contractually engage in transactions over a period time, this scheme allows the frauds to collect more of your investment dollars for a longer period of time. The spot Forex market, on the other hand, is designed to provide simplicity and allow investors to enter and exit the market at will. There is no contractual obligation or lengthy time constraints.<br />
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Most online platforms are designed to run with Windows and most web browsers. In general, an online platform provides access to an order entry process and should have a method of displaying currently held positions, charts of monitored currency pairs and some itemized form of account data. You should also seek a platform that offers some method of backup and communication in the case of loss of access to the Internet.<br />
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Andrew Daigle is the owner and author of many successful websites including ForexBoost, a free Forex educational site to learn Forex trading strategies and a Free Forex Training blog for keeping online Forex trading records.<br />
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Article Source: http://EzineArticles.com</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-22897566350258654312012-04-14T22:03:00.002-07:002012-04-14T22:03:16.351-07:00Trading Patterns - 1-2-3 Pattern<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0YCVZIOMYrdGdAzxGnslgP8QR7eJFOpeuBlq3u1inaZZOD8pcPfNVNRdywYAxm426IMcO0cU9_bdnk5P9xyljqOaDFOixxZK_PYnyO0yTzEcUM4RzCMBv6_7diqWh_D0o3lIPt31zkCU/s1600/Trading+Patterns+-+1-2-3+Pattern.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="217" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi0YCVZIOMYrdGdAzxGnslgP8QR7eJFOpeuBlq3u1inaZZOD8pcPfNVNRdywYAxm426IMcO0cU9_bdnk5P9xyljqOaDFOixxZK_PYnyO0yTzEcUM4RzCMBv6_7diqWh_D0o3lIPt31zkCU/s320/Trading+Patterns+-+1-2-3+Pattern.jpg" width="320" /></a></div><div style="text-align: justify;"><b>Trading Patterns - 1-2-3 Pattern</b> You will need to be familiar with identifying chart price trend like up-trend and down-trend to better recognize a 1-2-3 chart trading pattern. The basic chart pattern of an up-trend is a series of higher high and higher low and for down-trend a series of lower high and lower low.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">1-2-3 pattern is one of the popular reversal trading patterns in Forex trading. Therefore you will need to have an established trend, whether up-trend or down-trend to have a valid 1-2-3 pattern. That is the reason you need to be an expert in identifying an up-trend and down-trend.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">1-2-3 chart trading pattern start after an up-trend or down-trend pauses and stop registering higher high or lower low in an uptrend and down-trend respectively. The first thing you should do is to connect all the recent high and the recent low to establish a side-way price range. A side-way trading range will be established from these two lines.</div><div style="text-align: justify;"></div><a name='more'></a>Once you have the price inside the trading range mark recent high before the failed higher high as "1" then the low that come next as "2" and the failed higher high as "3". This is the same for the steps in a down-trend and this is the main component of the 1-2-3 chart trading pattern.<br />
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</div><div style="text-align: justify;">The trading signal will be generated once the price moves below or above the price leveled as "2". If the price moves and breaks the recent low leveled as "2" in an up-trend this is a selling signal. While if the price moves and breaks the recent high leveled as "2" in a down-trend this is a buying signal. It is highly effective if you take into consideration oscillator signals for additional confirmation particularly stochastic and MACD.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">This is a quick trade that is why you need to place your stop-loss 10-20 pips off your entry price and you should already be profitable in the next three candles then quickly move your stop-loss to break even, target the next nearby moving average, Fibonacci levels or identified level of support or resistance. You can use this in the hourly time frame down to the one minute chart of course the higher the time the higher its reliability.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">This pattern is not cast in stone and can some time result to false break out, always trade with a good risk reward ratio, this will make you profitable over the long-term. Practice makes perfect, that is why you will need to practice trading any pattern you put into your trading arsenal, once you get familiar with the nature of a pattern you start to understand how it moves, how it behave and you start to have a deeper understanding on the psychology behind the trading pattern and start to take advantage of the opportunity presented to you by such trading patterns. Discover more about successful patterns you can use for trading by clicking on start day trading. </div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">You can also visit swing trading strategy for more useful trading ideas.</div><div style="text-align: justify;">By Owen I. Moore </div><div style="text-align: justify;">Article Source: http://EzineArticles.com/</div><div style="text-align: justify;"><br />
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</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-28929550429747872662012-04-14T21:59:00.000-07:002012-04-14T21:59:34.961-07:00The Difference Between Good and Lucky Forex Trading<div style="text-align: justify;"><b>The Difference Between Good and Lucky Forex Trading</b> There is a difference between good and lucky Forex trading; they are certainly not the same. In the Forex market you want to be able to trade currencies well and make profits through hard work - not through luck.</div><a name='more'></a>Some Forex traders, especially beginners, think that their total Forex trading account balance reflects how much of a good Forex trader they actually are. This isn't the case though; your total account balance does not necessarily reflect how much of a skilled and talented currency trader you are. A lucky Forex trader could have a larger account balance than a good, skilled one. However, luck does run out most of the time.<br />
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If you are placing too much risk on your trades, even if you are making a lot of money consistently, it won't last. It might sound a little cynical and pessimistic, but luck does run out and you can't just rely on it when placing orders in the currency market. In order to profit in the long run, you unfortunately must work hard and put the effort in, in order to successfully trade currencies long-term. When the lucky Forex trader eventually crashes and burns, the good and skilled trader will continue to make profits (even if they are modest).<br />
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Everyone would rather see profits regularly and consistently, than see huge profits followed by huge losses.<br />
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A currency trader that relies more on luck, might conduct poor analysis (if any), have a poor Forex trading plan (if any) and use a poorly laid-out trading strategy (if any). The lucky trader will place orders pretty much at random, in the hope of making profits. Lucky traders also tend to place lots of risk onto their trades, by throwing lots of their available capital at different trades and by applying leverage. Although you could potentially make huge profits in very short spaces of time, using this approach, it will most likely cause you to deduce losses eventually that are impossible to recover from.<br />
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A good Forex trader will rely more on their previously gained knowledge and experience, as well on their both fundamental and technical analysis that they carried out beforehand, when placing orders in the FX market. Good Forex traders will have solid trading plans that outline their both money and risk management techniques etc., as well as good Forex trading systems that they have found to work through testing and practice.<br />
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Lucky Forex traders might be successful in the short run, but their successes are not sustainable at all. All traders and investors experience losses in the Forex market, but Forex trading is about minimizing those losses and maximizing your profits. So even good and skilled Forex traders will deduce losses on occasion, but the difference between the losses of a good trader and a lucky trader, is that a good Forex trader's losses are bearable whereas a lucky trader's losses are generally impossible to recover from.<br />
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In conclusion, you should aspire to become a good Forex trader, instead of relying on luck. Good Forex traders study in order to gain trading knowledge and apply their knowledge through practice, in order to gain valuable experience. You should carry out accurate analysis, develop a solid Forex trading plan and adopt a good, tried and tested trading system. Luck unfortunately tends to run out, so never rely on luck in the Forex market, or you will be gambling - not investing and any success that you might experience will only be short-term and unsustainable.<br />
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How Forex Trading Works is a resourceful website that serves to deliver free, online content relating to Forex trading, to anyone and everyone.<br />
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By Matthew Vint <br />
Article Source: http://EzineArticles.comAnonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-61999959181295793372012-04-14T21:57:00.000-07:002012-04-14T21:57:14.163-07:00How to Choose the Right Time Frame for Maximum Profit in Forex Trading<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTNQo5JxO86jD8L1UTBxMqJlhg6VZGE1J5FUCpwuh7Y9BdF03NuX2Bse92M4xnP0qmwrTa6w5InJjWWq6L5ZN1mngrb-hbq16NR7-3zPwmZJzdbMAO_Zh430hcTLvPGRgu6sn6729CZeY/s1600/How+to+Choose+the+Right+Time+Frame+for+Maximum+Profit+in+Forex+Trading.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="150" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgTNQo5JxO86jD8L1UTBxMqJlhg6VZGE1J5FUCpwuh7Y9BdF03NuX2Bse92M4xnP0qmwrTa6w5InJjWWq6L5ZN1mngrb-hbq16NR7-3zPwmZJzdbMAO_Zh430hcTLvPGRgu6sn6729CZeY/s320/How+to+Choose+the+Right+Time+Frame+for+Maximum+Profit+in+Forex+Trading.jpg" width="150" /></a></div><div style="text-align: justify;"><b>How to Choose the Right Time Frame for Maximum Profit in Forex Trading </b>If you have done any searching at all you know there is a lot of information on the subject of time frames out there. Not everybody agrees on what works and that's what makes a market.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Let's start by what is meant by the phrase "time frame". The term simply means how much time is represented by each bar on a chart. Most newspapers post daily charts, meaning each bar is one day long. Weekly and monthly charts are also common.</div><div style="text-align: justify;"></div><a name='more'></a>Most Forex traders use shorter intervals, given the volatility of the market. In theory, the shorter the interval, the less capital is needed to make the trade. Longer periods equate to bigger potential market moves and larger stop losses in terms of pips. However, in Forex the value of a pip is what you make it. This allows for stop loss points farther away from the market without adversely affecting your money management strategy.<br />
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</div><div style="text-align: justify;">The span chosen should be primarily dependent on your chosen trading style. This may also depend on your trading system. Different systems work better on different intervals. In fact, a trading system that works well on one interval may be a disaster when used with a different bar length.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">It is also important to remember that markets are made up of individuals and it's a good idea to keep an eye on where the competition is going and what they see on their charts. Like it or not, Forex is a zero sum game and knowing where the competition is going and estimating what they may be thinking is essential to your success. Considering this, you should keep an eye on the most popular time frames. Those are one minute, five minute, fifteen minute, thirty minute, one hour, and four hour intervals. Knowing where support and resistance lie and what the predominant trend is in each of these time frames provides an excellent advantage.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Note that the period used for your actual decision making process is not limited to the most common time frames. Some traders create charts using intervals based on Fibonacci numbers. Other traders look at the common time frames but create their bars based on ticks or even range.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Whatever bar construction method you use, it's a good idea to keep an eye on a shorter and a longer term chart. For example, when trading based on a five-minute chart, you might also be watching a one-minute and a fifteen-minute or a thirty- minute chart.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">I have found that if I only enter trades in the direction indicated on the longer time frame chart, my odds of a successful trade increase dramatically. I have also found that using the shorter interval chart can be very helpful in deciding when to exit a trade. I find it most convenient to have all three charts, with their indicators and trend lines on the screen at the same time.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">I personally watch the popular time frames mentioned. However, in an effort to beat the herd mentality, I will trade off of a different chart to be either just ahead of the crowd or a little behind.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">In summary, choose a time period or bar composition that works best with your trading style and your trading system. Keep an eye on a shorter term bar and a longer term bar. Periodically take a look at the popular intervals to see what the crowd is doing.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">James Mason is an active currency trader who teaches forex trading through individual consultation and in a live trading room. For more information go to http://www.jamestrades.com</div><div style="text-align: justify;">By: James L Mason </div><div style="text-align: justify;">Article Source: http://EzineArticles.com</div><div style="text-align: justify;"><br />
</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-48765744012383334712012-04-14T21:54:00.002-07:002012-04-14T21:54:41.231-07:00Managed Forex Accounts Can Lead To Bumper Returns<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6QOoaSBpe-C-ciMdHHgwIjZMrfH7BlzpKYg3HLVLSRojiTzIA8JG8cW-1Kt1FLmVPauxZ6KmpIlPhIFns5zoYRHfvBoFZgXVv8p3isbARiShvCL2vZ_ICXpOa470B20Unn-BnUMYBPUA/s1600/Managed+Forex+Accounts+Can+Lead+To+Bumper+Returns.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="128" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6QOoaSBpe-C-ciMdHHgwIjZMrfH7BlzpKYg3HLVLSRojiTzIA8JG8cW-1Kt1FLmVPauxZ6KmpIlPhIFns5zoYRHfvBoFZgXVv8p3isbARiShvCL2vZ_ICXpOa470B20Unn-BnUMYBPUA/s320/Managed+Forex+Accounts+Can+Lead+To+Bumper+Returns.jpg" width="160" /></a></div><div style="text-align: justify;"><b>Managed Forex Accounts Can Lead To Bumper Returns</b> The forex market is massive. Every day, approximately 4 trillion dollars changes hands. This figure dwarfs what is traded every day on the US stock exchange by about 30 times. Most of the trading is carried out by large institutions such as banks and insurance companies for example. However, because of the advent of high speed internet connections, anyone who wants to trade can do so online.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">For beginners, the forex market is a minefield and may seem intimidating. There is an awful lot to learn. The solution for newbies that don't have the inclination or the time to learn all of the things that are involved with forex trading, is to find someone that can do the trading on behalf of them. This is where managed forex trading companies come in.</div><div style="text-align: justify;"></div><a name='more'></a>They do all of the hard work for you so that you don't have to. It's a hands free way to start tapping into the huge amount of money that is freely available to everyone. There are many advantages to finding a trading company and opening up a managed forex account.<br />
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</div><div style="text-align: justify;">First and foremost, they know what they are doing. I am talking about the real, quality, registered trading groups that have an excellent trading history, not the scammers that will lose all of your capital in a few trades. Due diligence is a must when searching for a quality forex managed company.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Their primary objective is to protect investors' capital. They will keep losses down to a minimum. Whilst protecting capital, the name of the game is to make money. There are many different trading strategies, some traders are better than others and some account types are slightly riskier than others but make a lot more money.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Therefore, returns on investment vary from one company to another and from different accounts types within the same company. A good return would be in the region of 10% for a starting capital of $10,000. Big player investors with millions of dollars to invest will have access to managed accounts that yield way, way more than 10%, hundreds of per cent per year, if not thousands.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The way account managers make their money is from taking a certain percentage of your profits, performance fees. Once again, these vary from 25% up to 50%. Don't let the higher fees put you off though because you have to look at the returns that are made. It is better to pay 50 % fees on an account that yields 250% per annum than paying 25% fees on an account that returns 120% per annum.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Whatever the fees or account type or return on investment, a quality managed forex trading account group will provide you with a far greater return than almost every other investment vehicle, managed or not. It is the benefit of the hands free simplicity that attracts so many investors.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">A managed forex account can help you achieve your target passive income in only a few short years, maybe as soon as next month, depending on initial investment. 10% per month returns being a typical yield.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">By Martin Loader</div><div style="text-align: justify;">Article Source: http://EzineArticles.com/?expert=Martin_Loader</div><div style="text-align: justify;"><br />
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</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0tag:blogger.com,1999:blog-1197578254051236961.post-75064044006391288192012-04-14T21:51:00.000-07:002012-04-14T21:51:08.473-07:00The Most Suitable Forex Trading Hours<div class="separator" style="clear: both; text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBAVJh_YUJ4iwS3iLbCTyyHTlYk3QYxAP-7fQjdGATjtwCvS9ZMInsD4KpYfTHdYzVhhMlKd_8p91W4o0jk0fi7NxJWeZCAj0eogmWMxcVRVaHZPtsOrt-dKk10XyMQ5y4n16AJ26PXew/s1600/The+Most+Suitable+Forex+Trading+Hours.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="120" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjBAVJh_YUJ4iwS3iLbCTyyHTlYk3QYxAP-7fQjdGATjtwCvS9ZMInsD4KpYfTHdYzVhhMlKd_8p91W4o0jk0fi7NxJWeZCAj0eogmWMxcVRVaHZPtsOrt-dKk10XyMQ5y4n16AJ26PXew/s320/The+Most+Suitable+Forex+Trading+Hours.jpg" width="160" /></a></div><div style="text-align: justify;"><b>The Most Suitable Forex Trading Hours </b>Although currency trading is open 24 hours a day except on weekends, there are Forex trading hours that are most suitable for making trades. Understand that while some currency markets close in some parts of the world, other currency markets open in other parts of the world. This gives a trader a variety of options on hours to trade Forex.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Most suitable hours: The best time to trade is when currencies are traded in large volumes. These are the hours where currency markets that are open overlap. A currency market is open usually from 8 AM to 4 PM. Heavy Forex trading occurs when more currency markets are open. These hours are the best times to trade because there's a bigger chance of gaining or losing pips. When there is a big difference between selling and buying price, there is also a big chance to earn bigger profit. Therefore, it is important to know what time the markets are open.</div><div style="text-align: justify;"></div><a name='more'></a>Trading hours:<br />
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</div><div style="text-align: justify;">The New York market opens at 8 AM and closes at 4 PM EST. Australia then opens at 5 PM and closes at 1 AM EST. Tokyo opens at 7 PM and closes at 3 AM EST. Singapore opens at 9 PM and closes at 5 AM EST. Frankfurt opens at 2 AM and closes at 10 AM EST. London opens at 3 AM and closes at 11 AM EST.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The hours mentioned above are the trading hours of major currency markets all over the world. If you graph these hours, you will notice that some of them overlap at certain hours. These hours are the best times to trade because the exchange of currency occurs in large volumes. For example, the New York and London markets are both open from 8 AM to 12 AM EST. Sydney and Tokyo are also both open starting 7 PM until 2 AM EST. The London and Tokyo markets also overlap for just one hour starting from 3 AM to 4 AM EST.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">The Bottom Line</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Good timing is important in every trade. If you want to make more profit then trade during hours where market hours overlap each other. Just be careful because it is also risky to trade during these hours. Although a lot of money can be made from every trade due to the heavy volume of currency being exchanged, there is an equal chance of losing big money as well.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">Enormous investment profits are being gained each hour through the forex marketplace. Wildly enthused currency trading business individuals are glued at their computers for hours.</div><div style="text-align: justify;"><br />
</div><div style="text-align: justify;">By Cedric Welsch </div><div style="text-align: justify;">Article Source: http://EzineArticles.com</div><div style="text-align: justify;"><br />
</div>Anonymoushttp://www.blogger.com/profile/11520319988133001899noreply@blogger.com0