Guaranteed Bad Credit Loan

By Jason Myers

How frequently do you discover yourself requiring some extra cash? Maybe a recent list of large payables has caused a number of monetary problems. Or perhaps your car has packed in and will not travel another yard again. You could even simply want to go on a family vacation or merge some of your other outstanding debts. Whatever the reason, in this instance you would normally just approach your bank and apply for a loan. However, what do you do when you have a bad credit rating and require a loan?

I'm positive that you have come across many TV adverts or newspaper ads that imply they give guaranteed bad credit loans. It doesn't concern whether you have late or missed payments, arrears, defaults, CCJ's or even a bankruptcy, these businesses will always give definite bad credit loans.

It isn't until you give a closer study at some of the terms provided with your loan, that it no longer seems like a good choice. I, personally, have witnessed cases where a company will offer guaranteed bad credit loans, but at an interest charge more than 500%. In other words, you would have to pay back 5 times the value your initially borrowed each year! I must confess it is terrifying sometimes trying to find a loan when you have a less than perfect credit record.

But, you will find that there are numerous intermediary companies out there to assist you. Therefore preferably than having to do all the work yourself and receiving rejection after rejection, you can approach somebody else do the work for you.

A lot of these intermediary businesses have a large database of lenders who provide guaranteed bad credit loans and in actual fact only work with individuals with unfavourable or poor credit. You can check the list of lenders until you find a company suitable for your requirements.

These lenders will offer most types of loans to individuals with a poor credit rating, but just lend money based on affordability. So rather than "blacklisting" you because of your credit score, these lenders will calculate what they determine is payable for you and then lend you money accordingly! - 23221

About the Author:

Jason Myers is a professional writer and he writes mostly about free credit reports news. He's also interested in repair bad credit guides.

Forex Market Trends - How You Can Use It To Make Money On Forex Trading

By Axel Foster

Forex market trends mean prolonged movement of the market in one specific direction, whether it is up or down. Different types of traders trade in different time frames. For a day trader a long term trend might last for a few hours. A medium term swing trader would consider a trend to be a price movement that lasts a week or two, while a long term trader look at price movements over a period of months or years.

If you are a day trader, you are of course not concerned with whether there is something like a ten year up and down trend in a particular currency market. For you the long term is between breakfast and lunch - late afternoon is a distant horizon that doesn't concern you at all. Many day traders do large numbers of trades during a single day, making or losing small amounts of money all the time.

Another type of trader is the so called swing trader. Swing traders do not trade as often as day traders. They wait for a medium term trend in the market, and then either go long or short on a particular currency. They will stay in the trade for as long as the trend lasts, and try to get out just before it reverses. This of course is more of an art than a science, since there is nobody that can actually predict when the market will turn around. External factors can cause it to turn around within a matter of hours.

The last type of trader we are going to discuss is the long term trader. Many would argue that there is no such thing as a long term trader - that it's simply another word for an investor, someone like Warren Buffet. These guys are often big players in the market. They buy and sell massive quantities of forex, but over a much longer period of time than day traders or swing traders.

The tools of choice for day traders are called technical indicators. These are a series of mathematical formulas often displayed visually in the form of charts. All of them have one thing in common: they use the historical behavior of the market to try and predict future price movements. The most basic technical indicator is probably the moving average. A moving average charts gives one a good visual impression of the direction the price of a currency has been moving in over the past five seconds, or five years, depending on the time frame you are trading in. Another popular group of technical indicators are the trending indicators. They are more refined than simple averages, but still attempt to predict future ups and downs in the price by analyzing past behavior, and then trying to project that into the future.

Long term traders prefer to call themselves investors, and most of the time they only look at fundamental factors to make buying or selling decisions. Banks and other investment houses do, however, often make use of basic technical indicators like the six month moving average of a currency.

There are a number of different chart types being used by traders. The simplest is the line chart, which basically just connects the closing prices to each other. A favorite of many traders is the so-called 'candlestick' charts. A candlestick chart shows both the opening and closing prices, and the highest and lowest prices for the day in a colorful bar type chart. Bar charts only shows the lowest and highest prices of the day.

Forex market trends is a subject that often causes heated debate among traders. There are as many experts as there are traders. Some swear by "the trend is your friend". Others do quite well with buying a solid currency like the Euro when its price is dropping, because they know it will sooner or later rise again. - 23221

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Forex Courses That Work

By Anthony McDonald

Of the many forex courses out on the market, more common are ones that do not offer good training for the beginner trader. I have discovered one that helps put you in the mind frame of properly assessing market conditions and how to use them in your trades. A sad reality is that many of the forex courses available are not very helpful for a trader. In my mind it doesn't make sense to pay for a course that doesn't build trading confidence and knowledge.

Is seems that forex courses all make the claim that they will train you their one sure thing system that will lead you to your forex success. Most of the courses that make these claims can not hold up to them. They are mostly focused on selling you their training to get money in their pockets, not yours.

It is funny how forex courses also claim to offer all the things you need and all the things you want in order to convince you to take their course. For the most part the training they offer shows a few tips that are hardly connected that would not be the complete system you needed to achieve success.

If there has been a thing forex courses have taught me, it is that they are not what you should rely on to get the golden tips you need to achieve. Thinking you are going to be a huge success from reading tips out of free courses or site, will not get you success. Good information is hard to come by, especially for free. The juicy tips that a trader needs to succeed are only in a paid course.

I got sick of forex courses making these high claims that they could not live up to. Testing out a few more paid methods I came to one that brought hope. Taking it to the ultimate test of a month of application, the results were in. In a matter of thirty days I had doubled my trading account! These results were far beyond what I had anticipated. I found a true method to money generating, and there has been no method to match ever since! - 23221

About the Author:

If your trades aren't raking the cash you want, you need to check out the "Big Wigs" Forex Courses that dominate. If you want to make real profits for your self, stop letting the "Big Wigs" feed you BS, take action and find out their untold secret Forex Courses today!

Tips for Trading Rising Channels Long With CFDs

By Jeff Cartridge

The rising channel is a well known chart pattern that you would expect to trade on the short side, but can also be traded if it breaks out to the upside. A rising channel is formed when the price action is contained within two lines. Both the bottom line and the top line slope up, with both lines near to parallel.

Rising Channel, Surprise On The Upside

Rising channels are normally patterns that would be considered to trade on the short side, but also can perform on the upside. 51% of the patterns break upwards and can deliver good returns when they do. The average gain is 0.53% in 8 days with under half of the breakouts (40%) being profitable. There are better patterns to trade on the long side, but selecting the right conditions can make trading a rising channel attractive.

Specific Setups to Improve Profitability

When you look at the performance of a rising channel in bearish market conditions you will see the results were not as strong as they were in more bullish years. Trading a rising channel when the market is in an up trend or consolidating improves your trading results. The sector is best if it is in an up trend or a down trend, while the stock is ideally in a down trend or a consolidation. So in effect you are entering a retracement in the stock during a bullish market phase.

Tall patterns are best avoided when trading rising channels. A tall pattern is where the pattern height is more than 10% when compared to the stock price. Also avoid patterns that take more than 40 days to form. If a pattern has been formed around a large candle that marks both the top and bottom of the pattern it does not perform strongly.

Illiquid stock can sometimes be identified by two identical lows, closes or highs and if this is the case you are better to avoid these trades. If volume supports a rising channel breakout then the profitability of the trades improves. For volume to support the breakout, volume when the stock is going up should be greater than volume when the stock is going down.

Rising Channel Can Be Profitable

By following some simple rules the profitability of trading rising channels can be improved substantially. With an average return per trade of four times the base level at 2.11% in 10 days and a hit rate of 63% rising channel can be traded very successfully when the conditions are right. These filters dramatically reduce the number of trades that can be taken from over 2000 down to just under 100, so it a small subset of the rising channels that produce the best results.

Note: Statistics for this article have been provided by Patterns Trader after analyzing over 60,000 chart patterns on the Australian market from 2000 - 2008. - 23221

About the Author:

Jeff Cartridge has been trading CFDs since 2002 and created the website LearnCFDs.com A Simple Timeless Method for Huge Gains

Currency Option Trading - The Low Down

By Dom Chespeai

Being an active trader in the currency markets can be a high risk venture. To participate in the market many people opt for currency option trading instead. Moves up and down in a currency price can be played using puts and calls. If a trader buys a put he/she believes the price of the currency will soon decline. If they are right, they can buy the currency at a low price and put(sell) it at the stated strike price. If they think prices will move higher they buy a call. If they are correct, they can call(buy) the currency at the strike price and immediately sell it at a higher price in the market. Options have a set life span. After this time passes they expire.

One type of option contract used by speculators and hedgers is the traditional option. This contract requires the trader to set a strike price and an expiration date. These two factors along with the currency volatility level are used to determine the premium the broker charges for the option. If the premium is agreed upon the transaction is completed. If the currency pair being traded is the USD/CHF and the trader thinks the Swiss franc will move up against the dollar he/she will purchase a put on the dollar. If the prediction is correct in the set time frame, the trader will purchase the dollar and put(sell) it at the strike price realizing a profit.

The most popular type of contract for speculators is the SPOT contract. Actual currencies do not need to be purchased or sold to realize a profit. If the option trade is successful the profits from it are simply deposited in your account. The maximum lose that can be realized if the trade does not work is the amount of the premium paid.

If the current price of the currency in the market is close to the strike price of the option the premium will be higher. The more time until expiration date the higher the premium will be. Volatility in the underlying currency price is also a factor in determining premiums. The higher the volatility the higher the premium.

One reason people get involved in currency option trading is simply to speculate on the price movements of the currency. These people are solely profit driven. This is the largest part of the market.

Hedging is a common use of currency option trading. People or corporations doing business with companies in foreign countries can purchase options to protect themselves from loses they may incur on in-process business. If prices fluctuate on currencies to much before transactions are completed they may lose the profits generated by them.

A riskier strategy of trading currency options is selling options short with the intention of covering them when the price moves in the correct direction. Since loses are not limited in this style of trading. brokers typically require large cash deposits to secure these trades.

Currency option trading can be a hugely profitable experience if your predictions are correct because premiums are lower than deposits for the actual currencies. The time frame restraint is a challenge though. If your learn to make accurate calls on price movement however, you can make large profits. - 23221

About the Author:

Before you proceed with any currency option trading be SURE to read up on 4x currency trading!