Technical Analysis - An effort to forecast prices by analyzing market data, i.e. historical price trends and averages, volumes, open interest, etc.
Tick - A minimum change in price, up or down.
Tomorrow Next (Tom/Next) - Simultaneous buying and selling of a currency for delivery the following day.
Transaction Cost - the cost of buying or selling a financial instrument.
Transaction Date - The date on which a trade occurs.
Turnover - The total money value of all executed transactions in a given time period; volume.
Two-Way Price - When both a bid and offer rate is quoted for a FX transaction.
Tuesday, May 12, 2009
Forex Glossary of P
Pips - The smallest unit of price for any foreign currency. Digits added to or subtracted from the fourth decimal place, i.e. 0.0001. Also called Points.
Political Risk - Exposure to changes in governmental policy which will have an adverse effect on an investor's position.
Position - The netted total holdings of a given currency.
Premium - In the currency markets, describes the amount by which the forward or futures price exceed the spot price.
Price Transparency - Describes quotes to which every market participant has equal access.
Profit /Loss or "P/L" - The actual "realized" gain or loss resulting fromtrading activities on Closed Positions, plus the theoretical "unrealized" gain or loss on Open Positions that have been Mark-to-Market.
Political Risk - Exposure to changes in governmental policy which will have an adverse effect on an investor's position.
Position - The netted total holdings of a given currency.
Premium - In the currency markets, describes the amount by which the forward or futures price exceed the spot price.
Price Transparency - Describes quotes to which every market participant has equal access.
Profit /Loss or "P/L" - The actual "realized" gain or loss resulting fromtrading activities on Closed Positions, plus the theoretical "unrealized" gain or loss on Open Positions that have been Mark-to-Market.
Forex Glossary of R
Rally - A recovery in price after a period of decline.
Range - The difference between the highest and lowest price of a future recorded during a given trading session.
Rate - The price of one currency in terms of another, typically used for dealing purposes.
Resistance - A term used in technical analysis indicating a specific price level at which analysis concludes people will sell.
Revaluation - An increase in the exchange rate for a currency as a result of central bank intervention. Opposite of Devaluation.
Risk - Exposure to uncertain change, most often used with a negative connotation of adverse change.
Risk Management - the employment of financial analysis and trading techniques to reduce and/or control exposure to various types of risk.
Roll-Over - Process whereby the settlement of a deal is rolled forward to another value date. The cost of this process is based on the interest rate differential of the two currencies.
Round trip - Buying and selling of a specified amount of currency
Range - The difference between the highest and lowest price of a future recorded during a given trading session.
Rate - The price of one currency in terms of another, typically used for dealing purposes.
Resistance - A term used in technical analysis indicating a specific price level at which analysis concludes people will sell.
Revaluation - An increase in the exchange rate for a currency as a result of central bank intervention. Opposite of Devaluation.
Risk - Exposure to uncertain change, most often used with a negative connotation of adverse change.
Risk Management - the employment of financial analysis and trading techniques to reduce and/or control exposure to various types of risk.
Roll-Over - Process whereby the settlement of a deal is rolled forward to another value date. The cost of this process is based on the interest rate differential of the two currencies.
Round trip - Buying and selling of a specified amount of currency
Forex Glossary of S
Settlement - The process by which a trade is entered into the books and records of the counterparts to a transaction. The settlement of currency trades may or may not involve the actual physical exchange of one currency for another.
Short Position - An investment position that benefits from a decline in market price. When the base currency in the pair is sold, the position is said to be short.
Spot Price - The current market price. Settlement of spot transactions usually occurs within two business days.
Spread - The difference between the bid and offer prices.
Square - Purchase and sales are in balance and thus the dealer has no open position.
Sterling - slang for British Pound.
Stop Loss Order - Order type whereby an open position is automatically liquidated at a specific price. Often used to minimize exposure to losses if the market moves against an investor's position. As an example, if an investor is long USD at 156.27, they might wish to put in a stop loss order for 155.49, which would limit losses should the dollar depreciate, possibly below 155.49.
Support Levels - A technique used in technical analysis that indicates a specific price ceiling and floor at which a given exchange rate will automatically correct itself. Opposite of resistance.
Swap - A currency swap is the simultaneous sale and purchase of the same amount of a given currency at a forward exchange rate.
Swissy - Market slang for Swiss Franc.
Short Position - An investment position that benefits from a decline in market price. When the base currency in the pair is sold, the position is said to be short.
Spot Price - The current market price. Settlement of spot transactions usually occurs within two business days.
Spread - The difference between the bid and offer prices.
Square - Purchase and sales are in balance and thus the dealer has no open position.
Sterling - slang for British Pound.
Stop Loss Order - Order type whereby an open position is automatically liquidated at a specific price. Often used to minimize exposure to losses if the market moves against an investor's position. As an example, if an investor is long USD at 156.27, they might wish to put in a stop loss order for 155.49, which would limit losses should the dollar depreciate, possibly below 155.49.
Support Levels - A technique used in technical analysis that indicates a specific price ceiling and floor at which a given exchange rate will automatically correct itself. Opposite of resistance.
Swap - A currency swap is the simultaneous sale and purchase of the same amount of a given currency at a forward exchange rate.
Swissy - Market slang for Swiss Franc.
f
Technical Analysis - An effort to forecast prices by analyzing market data, i.e. historical price trends and averages, volumes, open interest, etc.
Tick - A minimum change in price, up or down.
Tomorrow Next (Tom/Next) - Simultaneous buying and selling of a currency for delivery the following day.
Transaction Cost - the cost of buying or selling a financial instrument.
Transaction Date - The date on which a trade occurs.
Turnover - The total money value of all executed transactions in a given time period; volume.
Two-Way Price - When both a bid and offer rate is quoted for a FX transaction.
Tick - A minimum change in price, up or down.
Tomorrow Next (Tom/Next) - Simultaneous buying and selling of a currency for delivery the following day.
Transaction Cost - the cost of buying or selling a financial instrument.
Transaction Date - The date on which a trade occurs.
Turnover - The total money value of all executed transactions in a given time period; volume.
Two-Way Price - When both a bid and offer rate is quoted for a FX transaction.
Forex Glossary of I
Inflation - An economic condition whereby prices for consumer goods rise, eroding purchasing power.
Initial Margin - The initial deposit of collateral required to enter into a position as a guarantee on future performance.
Interbank Rates - The Foreign Exchange rates at which large international banks quote other large international banks.
Intervention - Action by a central bank to effect the value of its currency by entering the market. Concerted intervention refers to action by a number of central banks to control exchange rates.
Initial Margin - The initial deposit of collateral required to enter into a position as a guarantee on future performance.
Interbank Rates - The Foreign Exchange rates at which large international banks quote other large international banks.
Intervention - Action by a central bank to effect the value of its currency by entering the market. Concerted intervention refers to action by a number of central banks to control exchange rates.
Forex Glossary of L
Leading Indicators - Statistics that are considered to predict future economic activity.
Leverage - Also called margin. The ratio of the amount used in a transaction to the required security deposit.
LIBOR - The London Inter-Bank Offered Rate. Banks use LIBOR when borrowing from another bank.
Limit order - An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example, if the current price of USD/YEN is 117.00/05, then a limit order to buy USD would be at a price below 102. (ie 116.50)
Liquidation - The closing of an existing position through the execution of an offsetting transaction.
Liquidity - The ability of a market to accept large transaction with minimal to no impact on price stability.
Long position - A position that appreciates in value if market prices increase. When the base currency in the pair is bought, the position is said to be long.
Lot - A unit to measure the amount of the deal. The value of the deal always corresponds to an integer number of lots.
Leverage - Also called margin. The ratio of the amount used in a transaction to the required security deposit.
LIBOR - The London Inter-Bank Offered Rate. Banks use LIBOR when borrowing from another bank.
Limit order - An order with restrictions on the maximum price to be paid or the minimum price to be received. As an example, if the current price of USD/YEN is 117.00/05, then a limit order to buy USD would be at a price below 102. (ie 116.50)
Liquidation - The closing of an existing position through the execution of an offsetting transaction.
Liquidity - The ability of a market to accept large transaction with minimal to no impact on price stability.
Long position - A position that appreciates in value if market prices increase. When the base currency in the pair is bought, the position is said to be long.
Lot - A unit to measure the amount of the deal. The value of the deal always corresponds to an integer number of lots.
Forex Glossary of O
Offer (ask) - The rate at which a dealer is willing to sell a currency. See Ask (offer) price
Offsetting transaction - A trade with which serves to cancel or offset some or all of the market risk of an open position.
One Cancels the Other Order (OCO) - A designation for two orders whereby one part of the two orders is executed the other is automatically cancelled.
Open order - An order that will be executed when a market moves to its designated price. Normally associated with Good 'til Cancelled Orders.
Open position - An active trade with corresponding unrealized P&L, which has not been offset by an equal and opposite deal.
Over the Counter (OTC) - Used to describe any transaction that is not conducted over an exchange.
Overnight Position - A trade that remains open until the next business day.
Order - An instruction to execute a trade at a specified rate.
Offsetting transaction - A trade with which serves to cancel or offset some or all of the market risk of an open position.
One Cancels the Other Order (OCO) - A designation for two orders whereby one part of the two orders is executed the other is automatically cancelled.
Open order - An order that will be executed when a market moves to its designated price. Normally associated with Good 'til Cancelled Orders.
Open position - An active trade with corresponding unrealized P&L, which has not been offset by an equal and opposite deal.
Over the Counter (OTC) - Used to describe any transaction that is not conducted over an exchange.
Overnight Position - A trade that remains open until the next business day.
Order - An instruction to execute a trade at a specified rate.
Forex Glossary of H
Hedge - A position or combination of positions that reduces the risk of your primary position.
"Hit the bid" - Acceptance of purchasing at the offer or selling at the bid.
"Hit the bid" - Acceptance of purchasing at the offer or selling at the bid.
Forex Glossary of G
G7 - The seven leading industrial countries, being US , Germany, Japan, France, UK, Canada, Italy.
Going Long - The purchase of a stock, commodity, or currency for investment or speculation.
Going Short - The selling of a currency or instrument not owned by the seller.
Gross Domestic Product - Total value of a country's output, income or expenditure produced within the country's physical borders.
Gross National Product - Gross domestic product plus income earned from investment or work abroad.
Good 'Til Cancelled Order (GTC) - An order to buy or sell at a specified price. This order remains open until filled or until the client cancels.
Going Long - The purchase of a stock, commodity, or currency for investment or speculation.
Going Short - The selling of a currency or instrument not owned by the seller.
Gross Domestic Product - Total value of a country's output, income or expenditure produced within the country's physical borders.
Gross National Product - Gross domestic product plus income earned from investment or work abroad.
Good 'Til Cancelled Order (GTC) - An order to buy or sell at a specified price. This order remains open until filled or until the client cancels.
Forex Glossary of F
Federal Deposit Insurance Corporation (FDIC) - The regulatory agency responsible for administering bank depository insurance in the US.
Federal Reserve (Fed) - The Central Bank for the United States.
First In First Out (FIFO) - Open positions are closed according to the FIFO accounting rule. All positions opened within a particular currency pair are liquidated in the order in which they were originally opened.
Flat/square - Dealer jargon used to describe a position that has been completely reversed, e.g. you bought $500,000 then sold $500,000, thereby creating a neutral (flat) position.
Foreign Exchange - (Forex, FX) - the simultaneous buying of one currency and selling of another.
Forward - The pre-specified exchange rate for a foreign exchange contract settling at some agreed future date, based upon the interest rate differential between the two currencies involved.
Forward Points - The pips added to or subtracted from the current exchange rate to calculate a forward price.
Fundamental Analysis - Analysis of economic and political information with the objective of determining future movements in a financial market.
Futures Contract - An obligation to exchange a good or instrument at a set price on a future date. The primary difference between a Future and a Forward is that Futures are typically traded over an exchange (Exchange- Traded Contacts - ETC), versus forwards, which are considered Over The Counter (OTC) contracts. An OTC is any contract NOT traded on an exchange.
FX - Foreign Exchange.
Federal Reserve (Fed) - The Central Bank for the United States.
First In First Out (FIFO) - Open positions are closed according to the FIFO accounting rule. All positions opened within a particular currency pair are liquidated in the order in which they were originally opened.
Flat/square - Dealer jargon used to describe a position that has been completely reversed, e.g. you bought $500,000 then sold $500,000, thereby creating a neutral (flat) position.
Foreign Exchange - (Forex, FX) - the simultaneous buying of one currency and selling of another.
Forward - The pre-specified exchange rate for a foreign exchange contract settling at some agreed future date, based upon the interest rate differential between the two currencies involved.
Forward Points - The pips added to or subtracted from the current exchange rate to calculate a forward price.
Fundamental Analysis - Analysis of economic and political information with the objective of determining future movements in a financial market.
Futures Contract - An obligation to exchange a good or instrument at a set price on a future date. The primary difference between a Future and a Forward is that Futures are typically traded over an exchange (Exchange- Traded Contacts - ETC), versus forwards, which are considered Over The Counter (OTC) contracts. An OTC is any contract NOT traded on an exchange.
FX - Foreign Exchange.
Forex Glossary of D
Day Trader - Speculators who take positions in commodities which are then liquidated prior to the close of the same trading day.
Dealer - An individual or firm that acts as a principal or counterpart to a transaction. Principals take one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party. In contrast, a broker is an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission.
Deficit - A negative balance of trade or payments.
Delivery - An FX trade where both sides make and take actual delivery of the currencies traded.
Depreciation - A fall in the value of a currency due to market forces.
Derivative - A contract that changes in value in relation to the price movements of a related or underlying security, future or other physical instrument. An Option is the most common derivative instrument.
Devaluation - The deliberate downward adjustment of a currency's price, normally by official announcement.
Dealer - An individual or firm that acts as a principal or counterpart to a transaction. Principals take one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party. In contrast, a broker is an individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission.
Deficit - A negative balance of trade or payments.
Delivery - An FX trade where both sides make and take actual delivery of the currencies traded.
Depreciation - A fall in the value of a currency due to market forces.
Derivative - A contract that changes in value in relation to the price movements of a related or underlying security, future or other physical instrument. An Option is the most common derivative instrument.
Devaluation - The deliberate downward adjustment of a currency's price, normally by official announcement.
Forex Glossary of E
Economic Indicator - A government issued statistic that indicates current economic growth and stability. Common indicators include employment rates, Gross Domestic Product (GDP), inflation, retail sales, etc.
End Of Day Order (EOD) - An order to buy or sell at a specified price. This order remains open until the end of the trading day which is typically 5PM ET.
European Monetary Union (EMU) - The principal goal of the EMU is to establish a single European currency called the Euro, which will officially replace the national currencies of the member EU countries in 2002. On Janaury1, 1999 the transitional phase to introduce the Euro began. The Euro now exists as a banking currency and paper financial transactions and foreign exchange are made in Euros. This transition period will last for three years, at which time Euro notes an coins will enter circulation. On July 1,2002, only Euros will be legal tender for EMU participants, the national currencies of the member countries will cease to exist. The current members of the EMU are Germany, France, Belgium, Luxembourg, Austria, Finland, Ireland, the Netherlands, Italy, Spain and Portugal.
EURO - the currency of the European Monetary Union (EMU). A replacement for the European Currency Unit (ECU).
European Central Bank (ECB) - the Central Bank for the new European Monetary Union.
End Of Day Order (EOD) - An order to buy or sell at a specified price. This order remains open until the end of the trading day which is typically 5PM ET.
European Monetary Union (EMU) - The principal goal of the EMU is to establish a single European currency called the Euro, which will officially replace the national currencies of the member EU countries in 2002. On Janaury1, 1999 the transitional phase to introduce the Euro began. The Euro now exists as a banking currency and paper financial transactions and foreign exchange are made in Euros. This transition period will last for three years, at which time Euro notes an coins will enter circulation. On July 1,2002, only Euros will be legal tender for EMU participants, the national currencies of the member countries will cease to exist. The current members of the EMU are Germany, France, Belgium, Luxembourg, Austria, Finland, Ireland, the Netherlands, Italy, Spain and Portugal.
EURO - the currency of the European Monetary Union (EMU). A replacement for the European Currency Unit (ECU).
European Central Bank (ECB) - the Central Bank for the new European Monetary Union.
Forex Glossary of B
Balance of Trade - The value of a country's exports minus its imports.
Bar Chart - A type of chart which consists of four significant points: the high and the low prices, which form the vertical bar, the opening price, which is marked with a little horizontal line to the left of the bar, and the closing price, which is marked with a little horizontal line of the right of the bar.
Base Currency - The first currency in a Currency Pair. It shows how much the base currency is worth as measured against the second currency. For example, if the USD/CHF rate equals 1.2615 then one USD is worth CHF 1.2615 In the FX markets, the US Dollar is normally considered the 'base' currency for quotes, meaning that quotes are expressed as a unit of $1 USD per the other currency quoted in the pair. The primary exceptions to this rule are the British Pound, the Euro and the Australian Dollar.
Bear Market - A market distinguished by declining prices.
Bid Price - The bid is the the price at which the market is prepared to buy a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can sell the base currency. It is shown on the left side of the quotation. For example, in the quote USD/CHF 1.2627/32, the bid price is 1.2627; meaning you can sell one US dollar for 1.2627 Swiss francs.
Bid/Ask Spread - The difference between the bid and offer price. Big Figure Quote - Dealer expression referring to the first few digits of an exchange rate. These digits are often omitted in dealer quotes.. For example, a USD/JPY rate might be 117.30/117.35, but would be quoted verbally without the first three digits i.e. "30/35".
Book - In a professional trading environment, a 'book' is the summary of a trader's or desk's total positions.
Broker - An individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission. In contrast, a 'dealer' commits capital and takes one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party.
Bretton Woods Agreement of 1944 - An agreement that established fixed foreign exchange rates for major currencies, provided for central bank intervention in the currency markets, and pegged the price of gold at US $35 per ounce. The agreement lasted until 1971, when President Nixon overturned the Bretton Woods agreement and established a floating exchange rate for the major currencies.
Bull Market - A market distinguished by rising prices.
Bundesbank - Germany's Central Bank.
Bar Chart - A type of chart which consists of four significant points: the high and the low prices, which form the vertical bar, the opening price, which is marked with a little horizontal line to the left of the bar, and the closing price, which is marked with a little horizontal line of the right of the bar.
Base Currency - The first currency in a Currency Pair. It shows how much the base currency is worth as measured against the second currency. For example, if the USD/CHF rate equals 1.2615 then one USD is worth CHF 1.2615 In the FX markets, the US Dollar is normally considered the 'base' currency for quotes, meaning that quotes are expressed as a unit of $1 USD per the other currency quoted in the pair. The primary exceptions to this rule are the British Pound, the Euro and the Australian Dollar.
Bear Market - A market distinguished by declining prices.
Bid Price - The bid is the the price at which the market is prepared to buy a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can sell the base currency. It is shown on the left side of the quotation. For example, in the quote USD/CHF 1.2627/32, the bid price is 1.2627; meaning you can sell one US dollar for 1.2627 Swiss francs.
Bid/Ask Spread - The difference between the bid and offer price. Big Figure Quote - Dealer expression referring to the first few digits of an exchange rate. These digits are often omitted in dealer quotes.. For example, a USD/JPY rate might be 117.30/117.35, but would be quoted verbally without the first three digits i.e. "30/35".
Book - In a professional trading environment, a 'book' is the summary of a trader's or desk's total positions.
Broker - An individual or firm that acts as an intermediary, putting together buyers and sellers for a fee or commission. In contrast, a 'dealer' commits capital and takes one side of a position, hoping to earn a spread (profit) by closing out the position in a subsequent trade with another party.
Bretton Woods Agreement of 1944 - An agreement that established fixed foreign exchange rates for major currencies, provided for central bank intervention in the currency markets, and pegged the price of gold at US $35 per ounce. The agreement lasted until 1971, when President Nixon overturned the Bretton Woods agreement and established a floating exchange rate for the major currencies.
Bull Market - A market distinguished by rising prices.
Bundesbank - Germany's Central Bank.
Forex Glossary of C
Candlestick Chart - A chart that indicates the trading range for the day as well as the opening and closing price. If the open price is higher than the close price, the rectangle between the open and close price is shaded. If the close price is higher than the open price, that area of the chart is not shaded.
Cash Market - The market in the actual financial instrument on which a futures or options contract is based.
Central Bank - A government or quasi-governmental organization that manages a country's monetary policy. For example, the US central bank is the Federal Reserve, and the German central bank is the Bundesbank.
Chartist - An individual who uses charts and graphs and interprets historical data to find trends and predict future movements. Also referred to as Technical Trader.
Cleared Funds - Funds that are freely available, sent in to settle a trade.
Closed Position - Exposures in Foreign Currencies that no longer exist. The process to close a position is to sell or buy a certain amount of currency to offset an equal amount of the open position. This will 'square' the postion.
Clearing - The process of settling a trade.
Contagion - The tendency of an economic crisis to spread from one market to another. In 1997, political instability in Indonesia caused high volatility in their domestic currency, the Rupiah. From there, the contagion spread to other Asian emerging currencies, and then to Latin America, and is now referred to as the 'Asian Contagion'.
Collaterall - Something given to secure a loan or as a guarantee of performance.
Commission - A transaction fee charged by a broker.
Confirmation - A document exchanged by counterparts to a transaction that states the terms of said transaction.
Contract - The standard unit of trading.
Counter Currency - The second listed Currency in a Currency Pair.
Counterparty - One of the participants in a financial transaction.
Country Risk - Risk associated with a cross-border transaction, including but not limited to legal and political conditions.
Cross Currency Pairs or Cross Rate - A foreign exchange transaction in which one foreign currency is traded against a second foreign currency. For example; EUR/GBP
Currency Symbols AUD - Australian Dollar CAD - Canadian Dollar EUR - Euro JPY - Japanese Yen GBP - British Pound CHF - Swiss Franc
Currency - Any form of money issued by a government or central bank and used as legal tender and a basis for trade.
Currency Pair - The two currencies that make up a foreign exchange rate. For Example, EUR/USD
Currency Risk - the probability of an adverse change in exchange rates.
Cash Market - The market in the actual financial instrument on which a futures or options contract is based.
Central Bank - A government or quasi-governmental organization that manages a country's monetary policy. For example, the US central bank is the Federal Reserve, and the German central bank is the Bundesbank.
Chartist - An individual who uses charts and graphs and interprets historical data to find trends and predict future movements. Also referred to as Technical Trader.
Cleared Funds - Funds that are freely available, sent in to settle a trade.
Closed Position - Exposures in Foreign Currencies that no longer exist. The process to close a position is to sell or buy a certain amount of currency to offset an equal amount of the open position. This will 'square' the postion.
Clearing - The process of settling a trade.
Contagion - The tendency of an economic crisis to spread from one market to another. In 1997, political instability in Indonesia caused high volatility in their domestic currency, the Rupiah. From there, the contagion spread to other Asian emerging currencies, and then to Latin America, and is now referred to as the 'Asian Contagion'.
Collaterall - Something given to secure a loan or as a guarantee of performance.
Commission - A transaction fee charged by a broker.
Confirmation - A document exchanged by counterparts to a transaction that states the terms of said transaction.
Contract - The standard unit of trading.
Counter Currency - The second listed Currency in a Currency Pair.
Counterparty - One of the participants in a financial transaction.
Country Risk - Risk associated with a cross-border transaction, including but not limited to legal and political conditions.
Cross Currency Pairs or Cross Rate - A foreign exchange transaction in which one foreign currency is traded against a second foreign currency. For example; EUR/GBP
Currency Symbols AUD - Australian Dollar CAD - Canadian Dollar EUR - Euro JPY - Japanese Yen GBP - British Pound CHF - Swiss Franc
Currency - Any form of money issued by a government or central bank and used as legal tender and a basis for trade.
Currency Pair - The two currencies that make up a foreign exchange rate. For Example, EUR/USD
Currency Risk - the probability of an adverse change in exchange rates.
Forex Glossary of A
Accrual - The apportionment of premiums and discounts on forward exchange transactions that relate directly to deposit swap (Interest Arbitrage) deals , over the period of each deal.
Adjustment - Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or. Adjustment - Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or.
Appreciation - A currency is said to 'appreciate' when it strengthens in price in response to market demand.
Arbitrage - The purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market, in order to take advantage of small price differentials between markets.
Ask (Offer) Price - The price at which the market is prepared to sell a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can buy the base currency. In the quotation, it is shown on the right side of the quotation. For example, in the quote USD/CHF 1.2627/32, the ask price is 1.2632; meaning you can buy one US dollar for 1.2632 Swiss francs.
At Best - An instruction given to a dealer to buy or sell at the best rate that can be obtained.
At or Better - An order to deal at a specific rate or better.
Adjustment - Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or. Adjustment - Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate or.
Appreciation - A currency is said to 'appreciate' when it strengthens in price in response to market demand.
Arbitrage - The purchase or sale of an instrument and simultaneous taking of an equal and opposite position in a related market, in order to take advantage of small price differentials between markets.
Ask (Offer) Price - The price at which the market is prepared to sell a specific Currency in a Foreign Exchange Contract or Cross Currency Contract. At this price, the trader can buy the base currency. In the quotation, it is shown on the right side of the quotation. For example, in the quote USD/CHF 1.2627/32, the ask price is 1.2632; meaning you can buy one US dollar for 1.2632 Swiss francs.
At Best - An instruction given to a dealer to buy or sell at the best rate that can be obtained.
At or Better - An order to deal at a specific rate or better.
Planning Forex trading strategies
Forex trading strategies are based on fundamental and technical types of analysis. This article gives you a better understanding of both types and ways of implementing them into your Forex trading strategies.
FUNDAMENTAL ANALYSIS
Political and economic changes are the basis here as they frequently affect currency prices. Traders relying on this analysis gather information about unemployment forecasts, political ideologies, economic policies, inflation and growth rates from news sources. Most traders combine Forex trading strategies to plot actual entrance and exit points and double-check the information.
Forex trading strategies consider that just like most markets the market is controlled by supply and demand. The two most critical affecting factors for them are interest rates and the strength of the economy that is affected by changes in the GDP, trade balances and the amount of foreign investment.
There are many indicators released by government and academic sources on a weekly or monthly basis. The most important and commonly followed are: interest rates, international trade, CPI, durable goods orders, PPI, PMI and retail orders. These are pretty reliable measures of economic health and are closely followed by all traders that rely on fundamental analysis while mapping out their Forex trading strategies.
Interest rates can strengthen or weaken the currency. In some cases high interest rates attract foreign money, however high interest rates frequently cause stock market investors to sell off their portfolios. They do so believing that the higher cost of borrowing money will adversely affect many companies. If enough investors sell off their holdings it can cause a downturn in the market and negatively affect the economy. Which of these two effects will take place, depends on many complex factors. Usually economic observers agree on how the current change in interest rates will affect the general economy and currency prices.
International Trade. If there is a trade deficit, it is usually considered a negative indicator, as more money is leaving the country than entering it. This can have a devaluing effect on the currency, but usually trade imbalances are already factored into the market consideration. If a country normally operates with a trade deficit, currency price should be unaffected. It will change if the deficit is greater than expected.
The cost of living (CPI) and the cost of producing goods (PPI) are important indicators as well. You should also watch the GDP (the value of all the goods produced in the country) and the M2 Money Supply which measures the total amount of currency for a country.
In the US alone there are 28 major indicators that have a strong effect on the financial market and should be closely watched. This information can be found on the Internet and is provided by many brokers. Use it for working out your Forex trading strategies.
TECHNICAL ANALYSIS
It is based on the following assumptions:
1. Combined market forces (political events, economic conditions, seasonal fluctuations, supply and demand) cause currency price movements considered in Forex trading strategies.
2. Currency prices on the Forex market follow trends. Predictable consequences have been linked with many recognized market patterns.
3. Forex trading strategies can rely on historical trends to predict current price movements. Forex market data has been collected for the last 100 years, over that time certain patterns have become emergent. Human psychology and the way people react to certain circumstances are the basis of these patterns.
Most traders consider technical analysis to be of critical importance even though they may also use fundamental analysis to support and confirm their Forex trading strategies. Unlike fundamental analysis, technical analysis can be applied to many currencies and markets at the same time. Since fundamental analysis requires detailed knowledge of the economic and political conditions of a certain country, it is nearly impossible for any single trader to perform it properly on more than a few countries.
Forex beginners may consider the complexities of technical analysis overwhelming and even unnecessary but if you wish to ensure the success of your Forex trading strategies do not ignore both analysis types.
Any quality online Forex broker should be able to supply you with a large variety of online charts for technical analysis. Working out your Forex trading strategies, you can purchase in-depth professional charts, there is usually a monthly fee involved in gaining access to this information. There is also free software available to help you with charting. Good charts are updated in real time.
Mapping out your Forex trading strategies, you should learn the market and study trends before you begin active trading. Most brokers will provide you with a practice account where you can place "paper trades" - practice trades where no real money is made or lost. But they act just like a real trade, so you can see exactly how your trade would have turned out if you had placed it for real. This allows you to become familiar with your broker's system as well as learning about the market without risking any money.
The second part of this article explores various charts and indicators you need to use while planning your unique Forex trading strategies.
READING FOREX CHARTS
Price charts can be simple line, bar or even candlestick graphs. They show prices during specified time intervals that can be anywhere from minutes to years.
Line charts are the easiest to read, they give a broad overview of price movement. They only show the closing price for the specified interval and make it easy to pick out patterns and trends.
With a bar chart the length of a line displays the price spread during the time interval. The larger the bar, the greater the price difference between the high and low price for that interval. It is easy to tell at a glance if the price rose or fell, because the left tab shows the opening price and the right tab the closing price. Then the bar will give you the price variation.Pprinted bar charts can be difficult to read but most software charts have a zoom function so you can easily read even closely spaced bars while mapping out your Forex trading strategies.
Candlestick charts are very similar to bar charts - they both show high, low, open and closed prices for indicated time periods. Originally developed in Japan for analyzing candlestick contracts, they are very useful for analyzing Forex prices and are therefore a handy "tool" in Forex trading strategy planning. However the color coding makes it easier to read the chart, green candlestick indicates the rising price and the red - the falling price.
The actual candlestick shape in reference to the candlesticks around it will tell you a lot about the price movement and will greatly aid your analysis. Depending on the price spread various patterns will be formed by the candlesticks. Many of the shapes have exotic names, but once you learn the patterns, they are easy to pick out, analyze and use while working out your Forex trading strategies.
Price charts are not usually used alone. To get the full effect, you need to combine them with some technical indicators: trend, strength, volatility and cycle indicators. The most commonly used indicators are:
Average Directional Movement Index (ADX) helps indicate if the market is moving in a trend in either direction and how strong the trend is. If a trend has readings in excess of 25 then it is considered a stronger trend. Effective "tool" when planning your Forex trading strategies.
The Moving Average Convergence/Divergence (MACD) shows the relationship between the moving averages which allows you to determine the momentum of the market. Any time that the signal line is crossed by the MACD it is considered to be a strong market.
The Stochastic Oscillator compares the closing price to the price range over a specific time frame to determine the strength or weakness of the market. If a currency has a stochastic of greater than 80 it is considered overbought. However, if the stochastic is under 20 then the currency is considered undersold.
The Relative Strength Indicator (RSI) is a scale from 1 to 100 that compares the high and low prices over time. If the RSI rises above 70 it is considered overbought where as anything below 30 is considered oversold.
The Moving Average is created by comparing the average price for a time period to the average price of other time periods.
FUNDAMENTAL ANALYSIS
Political and economic changes are the basis here as they frequently affect currency prices. Traders relying on this analysis gather information about unemployment forecasts, political ideologies, economic policies, inflation and growth rates from news sources. Most traders combine Forex trading strategies to plot actual entrance and exit points and double-check the information.
Forex trading strategies consider that just like most markets the market is controlled by supply and demand. The two most critical affecting factors for them are interest rates and the strength of the economy that is affected by changes in the GDP, trade balances and the amount of foreign investment.
There are many indicators released by government and academic sources on a weekly or monthly basis. The most important and commonly followed are: interest rates, international trade, CPI, durable goods orders, PPI, PMI and retail orders. These are pretty reliable measures of economic health and are closely followed by all traders that rely on fundamental analysis while mapping out their Forex trading strategies.
Interest rates can strengthen or weaken the currency. In some cases high interest rates attract foreign money, however high interest rates frequently cause stock market investors to sell off their portfolios. They do so believing that the higher cost of borrowing money will adversely affect many companies. If enough investors sell off their holdings it can cause a downturn in the market and negatively affect the economy. Which of these two effects will take place, depends on many complex factors. Usually economic observers agree on how the current change in interest rates will affect the general economy and currency prices.
International Trade. If there is a trade deficit, it is usually considered a negative indicator, as more money is leaving the country than entering it. This can have a devaluing effect on the currency, but usually trade imbalances are already factored into the market consideration. If a country normally operates with a trade deficit, currency price should be unaffected. It will change if the deficit is greater than expected.
The cost of living (CPI) and the cost of producing goods (PPI) are important indicators as well. You should also watch the GDP (the value of all the goods produced in the country) and the M2 Money Supply which measures the total amount of currency for a country.
In the US alone there are 28 major indicators that have a strong effect on the financial market and should be closely watched. This information can be found on the Internet and is provided by many brokers. Use it for working out your Forex trading strategies.
TECHNICAL ANALYSIS
It is based on the following assumptions:
1. Combined market forces (political events, economic conditions, seasonal fluctuations, supply and demand) cause currency price movements considered in Forex trading strategies.
2. Currency prices on the Forex market follow trends. Predictable consequences have been linked with many recognized market patterns.
3. Forex trading strategies can rely on historical trends to predict current price movements. Forex market data has been collected for the last 100 years, over that time certain patterns have become emergent. Human psychology and the way people react to certain circumstances are the basis of these patterns.
Most traders consider technical analysis to be of critical importance even though they may also use fundamental analysis to support and confirm their Forex trading strategies. Unlike fundamental analysis, technical analysis can be applied to many currencies and markets at the same time. Since fundamental analysis requires detailed knowledge of the economic and political conditions of a certain country, it is nearly impossible for any single trader to perform it properly on more than a few countries.
Forex beginners may consider the complexities of technical analysis overwhelming and even unnecessary but if you wish to ensure the success of your Forex trading strategies do not ignore both analysis types.
Any quality online Forex broker should be able to supply you with a large variety of online charts for technical analysis. Working out your Forex trading strategies, you can purchase in-depth professional charts, there is usually a monthly fee involved in gaining access to this information. There is also free software available to help you with charting. Good charts are updated in real time.
Mapping out your Forex trading strategies, you should learn the market and study trends before you begin active trading. Most brokers will provide you with a practice account where you can place "paper trades" - practice trades where no real money is made or lost. But they act just like a real trade, so you can see exactly how your trade would have turned out if you had placed it for real. This allows you to become familiar with your broker's system as well as learning about the market without risking any money.
The second part of this article explores various charts and indicators you need to use while planning your unique Forex trading strategies.
READING FOREX CHARTS
Price charts can be simple line, bar or even candlestick graphs. They show prices during specified time intervals that can be anywhere from minutes to years.
Line charts are the easiest to read, they give a broad overview of price movement. They only show the closing price for the specified interval and make it easy to pick out patterns and trends.
With a bar chart the length of a line displays the price spread during the time interval. The larger the bar, the greater the price difference between the high and low price for that interval. It is easy to tell at a glance if the price rose or fell, because the left tab shows the opening price and the right tab the closing price. Then the bar will give you the price variation.Pprinted bar charts can be difficult to read but most software charts have a zoom function so you can easily read even closely spaced bars while mapping out your Forex trading strategies.
Candlestick charts are very similar to bar charts - they both show high, low, open and closed prices for indicated time periods. Originally developed in Japan for analyzing candlestick contracts, they are very useful for analyzing Forex prices and are therefore a handy "tool" in Forex trading strategy planning. However the color coding makes it easier to read the chart, green candlestick indicates the rising price and the red - the falling price.
The actual candlestick shape in reference to the candlesticks around it will tell you a lot about the price movement and will greatly aid your analysis. Depending on the price spread various patterns will be formed by the candlesticks. Many of the shapes have exotic names, but once you learn the patterns, they are easy to pick out, analyze and use while working out your Forex trading strategies.
Price charts are not usually used alone. To get the full effect, you need to combine them with some technical indicators: trend, strength, volatility and cycle indicators. The most commonly used indicators are:
Average Directional Movement Index (ADX) helps indicate if the market is moving in a trend in either direction and how strong the trend is. If a trend has readings in excess of 25 then it is considered a stronger trend. Effective "tool" when planning your Forex trading strategies.
The Moving Average Convergence/Divergence (MACD) shows the relationship between the moving averages which allows you to determine the momentum of the market. Any time that the signal line is crossed by the MACD it is considered to be a strong market.
The Stochastic Oscillator compares the closing price to the price range over a specific time frame to determine the strength or weakness of the market. If a currency has a stochastic of greater than 80 it is considered overbought. However, if the stochastic is under 20 then the currency is considered undersold.
The Relative Strength Indicator (RSI) is a scale from 1 to 100 that compares the high and low prices over time. If the RSI rises above 70 it is considered overbought where as anything below 30 is considered oversold.
The Moving Average is created by comparing the average price for a time period to the average price of other time periods.
Introduction to Forex
Foreign Currency Exchange (Forex) Trading allows an investor to participate in profitable fluctuations of world currencies. Forex trading works by selecting pairs of currencies and then measuring profit or loss by the fluctuations of one one currency's market activity compared to the other. For example, fluctuations in the value of the $ U.S. Dollar are measured against another world currency such as the British Pound, Eurodollar, Japanese Yen etc. Being able to discern price trends in market activity is the essence of all profitable trading and this is what makes foreign currencies so exciting, currencies are the world's 'best trending' market. This gives Forex investors a profit making edge that is unavailable in most other markets.
Forex Trading is being called 'today's exciting new investment opportunity for the savvy investor'. The reason is that the Forex Trading Market only began to emerge in 1978, when worldwide currencies were allowed to 'float' according to supply and demand, 7 years after the Gold Standard was abandoned. Up until 1995 Forex Trading was only available to banks and large multinational corporations but today, thanks to the proliferation of the computer and a new era of internet-based communication technologies, this highly profitable market is open to everyone. The Forex Trading Market's growth has been unprecedented, explosive, and continues to be unequaled by any other trading market.
Unlike traditional trading which brings buyers and sellers together in a central location (trading floors) in Forex Trading there is no need for a centralized location. Forex is a market where worldwide traders conduct business by high-speed Internet connections with the Interbank Foreign Currency Exchange via Forex Clearinghouses (also called Forex Brokerage Firms). Forex has not only become the fastest growing trading market, but also the most profitable trading marketplace in the world.
Simply stated, Forex is the most profitable because it is the world's largest marketplace. The Foreign Currency market as a whole accounts for over 1.2 trillion dollars of trading per day (as determined by the fourth Central Bank Survey of Foreign Exchange and Derivatives Market Activity, 1998. This figure is understood to be significantly higher today). To put this into perspective, on any given day the Foreign Currency Exchange Market activity is vastly greater than the Stock Market. It is 75 times greater than the New York Stock Exchange where the average total daily value (using 1998 figures) of both foreign and domestic stocks is $16 billion, and much greater than the daily activity on the London Stock Exchange, with $11 billion.
Furthermore, in addition to being the world's largest and most profitable market, The Foreign Currency Exchange Market is the world's most powerful and persistent trading market regardless of negative economic indicators. This is because currencies 'trend' better than every other market due to their macro-economic nature. Unlike many commodities whose supply and demand fundamentals can literally change overnight (as we found in the sudden dot com 'market adjustment' and even more abruptly on September 11, 2001), currency fundamentals are much less random, and far more predictable. This is well illustrated in the way interest rates are changed gradually and only in small increments.
Other examples of fundamental predictability are illustrated by the following statistics. Of the $1.2 trillion day trading in Foreign Currency Exchange, 83% of spot foreign exchange activity and 95% of swap activity involves US Dollars. The Euro is the second most active currency at 37%. The Japanese Yen (24%) and the British Pound Sterling (10%) are ranked third and fourth. The Swiss Franc is 7%, and the Canadian and Australian Dollars account for 3%.
Spot Forex is the type of forex trade in which self-traders concentrate most of their investment activity for reasons that are self-explanatory. By definition, a Spot Forex transaction is a currency trade transaction that has a settlement (liquidation) within a maximum of 2 working days following the closing of the trade. Therefore Spot Forex allows the self-trader high liquidity. Another popular feature for well-advised Spot Forex self-traders is the strong profit potential from continual market fluctuations by buying a specific currency when it is weaker and selling it when it is stronger, and the continual pairing of strong currencies against weak ones. This potential for profit or loss is amplified by the effect of leverage. Leverage is a term that describes what can be achieved when a smaller amount of money controls a much larger amount of money. With regards to Forex Trading for example, a leverage-factor of 100 can allow the trader to hold a 100,000 US Dollar position with a modest 1,000 US Dollar margin deposit. Online Forex day trading focuses its investment activity largely on Spot Forex because of the 'risk manageability' of in-and-out trading plus the potential to generate excellent and highly liquid profits.
"Few financial industries generate as much excitement and profit as currency exchange. Traders around the world enter trades for weeks, days or split seconds, generating explosive moves or steady flows, and money changes hands quickly at a staggering daily average of a trillion US dollars. Forex profitability is legendary. George Soros of Quantum Fund realized a profit in excess of 1 billion dollars for a couple of days work in September 1992. Hans Hufschmid of Soloman Brothers, Inc. netted $28 million for 1993. Even by Wall Street standards, these numbers are heartstoppers".*
Despite its high trading volume and its fundamental role in the world, the Forex Market is rarely in the media limelight because its method of trading transaction is less visible than the Floor of a Stock Exchange. However, trading on the Foreign Currency Exchange Market is today surging into the public awareness, as flocks of internet traders are attracted by the market's inherent profitability and risk manageability. Add to this the absence of geographic or temporal boundaries and vibrantly active Forex market is open to all players.
Forex Trading is being called 'today's exciting new investment opportunity for the savvy investor'. The reason is that the Forex Trading Market only began to emerge in 1978, when worldwide currencies were allowed to 'float' according to supply and demand, 7 years after the Gold Standard was abandoned. Up until 1995 Forex Trading was only available to banks and large multinational corporations but today, thanks to the proliferation of the computer and a new era of internet-based communication technologies, this highly profitable market is open to everyone. The Forex Trading Market's growth has been unprecedented, explosive, and continues to be unequaled by any other trading market.
Unlike traditional trading which brings buyers and sellers together in a central location (trading floors) in Forex Trading there is no need for a centralized location. Forex is a market where worldwide traders conduct business by high-speed Internet connections with the Interbank Foreign Currency Exchange via Forex Clearinghouses (also called Forex Brokerage Firms). Forex has not only become the fastest growing trading market, but also the most profitable trading marketplace in the world.
Simply stated, Forex is the most profitable because it is the world's largest marketplace. The Foreign Currency market as a whole accounts for over 1.2 trillion dollars of trading per day (as determined by the fourth Central Bank Survey of Foreign Exchange and Derivatives Market Activity, 1998. This figure is understood to be significantly higher today). To put this into perspective, on any given day the Foreign Currency Exchange Market activity is vastly greater than the Stock Market. It is 75 times greater than the New York Stock Exchange where the average total daily value (using 1998 figures) of both foreign and domestic stocks is $16 billion, and much greater than the daily activity on the London Stock Exchange, with $11 billion.
Furthermore, in addition to being the world's largest and most profitable market, The Foreign Currency Exchange Market is the world's most powerful and persistent trading market regardless of negative economic indicators. This is because currencies 'trend' better than every other market due to their macro-economic nature. Unlike many commodities whose supply and demand fundamentals can literally change overnight (as we found in the sudden dot com 'market adjustment' and even more abruptly on September 11, 2001), currency fundamentals are much less random, and far more predictable. This is well illustrated in the way interest rates are changed gradually and only in small increments.
Other examples of fundamental predictability are illustrated by the following statistics. Of the $1.2 trillion day trading in Foreign Currency Exchange, 83% of spot foreign exchange activity and 95% of swap activity involves US Dollars. The Euro is the second most active currency at 37%. The Japanese Yen (24%) and the British Pound Sterling (10%) are ranked third and fourth. The Swiss Franc is 7%, and the Canadian and Australian Dollars account for 3%.
Spot Forex is the type of forex trade in which self-traders concentrate most of their investment activity for reasons that are self-explanatory. By definition, a Spot Forex transaction is a currency trade transaction that has a settlement (liquidation) within a maximum of 2 working days following the closing of the trade. Therefore Spot Forex allows the self-trader high liquidity. Another popular feature for well-advised Spot Forex self-traders is the strong profit potential from continual market fluctuations by buying a specific currency when it is weaker and selling it when it is stronger, and the continual pairing of strong currencies against weak ones. This potential for profit or loss is amplified by the effect of leverage. Leverage is a term that describes what can be achieved when a smaller amount of money controls a much larger amount of money. With regards to Forex Trading for example, a leverage-factor of 100 can allow the trader to hold a 100,000 US Dollar position with a modest 1,000 US Dollar margin deposit. Online Forex day trading focuses its investment activity largely on Spot Forex because of the 'risk manageability' of in-and-out trading plus the potential to generate excellent and highly liquid profits.
"Few financial industries generate as much excitement and profit as currency exchange. Traders around the world enter trades for weeks, days or split seconds, generating explosive moves or steady flows, and money changes hands quickly at a staggering daily average of a trillion US dollars. Forex profitability is legendary. George Soros of Quantum Fund realized a profit in excess of 1 billion dollars for a couple of days work in September 1992. Hans Hufschmid of Soloman Brothers, Inc. netted $28 million for 1993. Even by Wall Street standards, these numbers are heartstoppers".*
Despite its high trading volume and its fundamental role in the world, the Forex Market is rarely in the media limelight because its method of trading transaction is less visible than the Floor of a Stock Exchange. However, trading on the Foreign Currency Exchange Market is today surging into the public awareness, as flocks of internet traders are attracted by the market's inherent profitability and risk manageability. Add to this the absence of geographic or temporal boundaries and vibrantly active Forex market is open to all players.
Forex trading education
Forex trading education helps you to get fundamental information about market peculiarities.
CURRENCY PAIR
Reading a foreign exchange quote may seem confusing at first. However, it's really quite simple if you remember two things when starting your Forex trading education: 1) The first currency listed is the base currency 2) The value of the base currency is always 1.
The US dollar is the centerpiece of the Forex market and is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of 1 USD per the second currency quoted in the pair. For example, a quote of USD/JPY 120.01 means that one U.S. dollar is equal to 120.01 Japanese yen.
When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has appreciated in value and the other currency has weakened. If the USD/JPY quote we previously mentioned increases to 123.01, the dollar is stronger because it will now buy more yen than before.
The 3 exceptions to this rule are the British pound (GBP), the Australian dollar (AUD) and the Euro (EUR). In these cases, you might see a quote such as GBP/USD 1.4366, meaning that one British pound equals 1.4366 U.S. dollars.
In these three currency pairs, where the U.S. dollar is not the base rate, a rising quote means a weakening dollar, as it now takes more U.S. dollars to equal one pound, euro or Australian dollar.
In other words, if a currency quote goes higher, that increases the value of the base currency. A lower quote means the base currency is weakening.
Currency pairs that do not involve the U.S. dollar are called cross currencies, but the premise is the same. For example, a quote of EUR/JPY 127.95 signifies that one Euro is equal to 127.95 Japanese yen.
When continuing your Forex trading education, you will often see a two-sided quote, consisting of a 'bid' and 'offer'. The 'bid' is the price at which you can sell the base currency (at the same time buying the counter currency). The 'ask' is the price at which you can buy the base currency (at the same time selling the counter currency).
PIP
Once you start your Forex trading education, you will learn to love this word because it is what you will be seeking for the rest of your Forex career. A pip is the smallest denominator of a particular currency pair, so for the above example, if the EUR/USD moves from 1.2150 to 1.2155 then it has moved up 5 pips.
LEVERAGE
Leverage is a simple concept of Forex trading education. If you have $10,000 to trade with, your Forex broker will let you borrow money from him so that you can trade in larger quantities. They will let you borrow as much as 400 times (400:1) what you put up in a trade. Most brokers allow between 50:1 and 100:1 margin. So, if you put up $1,000, and your broker allows 100:1 margin, then you'll be trading $100,000 worth of currency (instead of $1,000).
That's important, because every pip equals a certain dollar amount. When you trade $10,000, each pip movement equals $1. The chart below shows how it goes from there. If you trade 10,000 worth of currency, each movement would be equal to $1. So if you bought at 1.1445 and sold at 1.1545, you would make 100 x $1, or $100. If you trade $100,000, each pip movement would equal $10 and so on.
LONG AND SHORT
There are 2 different ways to trade on the Forex market and many beginners (or those who continue their Forex trading education) are surprised to learn that they can actually make as much money when currency price moves down as when it goes up. Let's start with the most logical movement, when the price moves up.
Most people are very familiar with the concept of buying something at a low price and selling it when the price increases. So the concept of buying the EUR/USD at 1.2150 and selling it at 1.2160 for a 10 pip gain should seem logical. This process is called going long.
You can also do this in reverse! If you know that the currency price is more likely to go down rather than up, you can go short. This is just the opposite of the above transaction, selling it first and buying it back later in the hope that the price will go down for you to make profit.
This may seem strange at first, but the concept remains the same either way. You always want to buy something at a low price, and sell it expensive. The consecution of actions doesn't matter. You must both buy and sell; as long as you sell at a higher price than you buy you make profit. Let us continue our Forex trading education.
SPREAD
The difference between stock markets and the Forex market brokers, is that in the Forex market, broker commissions are either very low or zero. So how do the ?? make money? They make it from the "spread" - difference between the actual price and the offered price through a broker.
On the right you can see a typical board of currency pairs and their spreads. This one is taken from our feed this morning, and you can see the difference between the Offer (the price you can place on a sell order) and the Bid (the price you can place on a buy order) is 3 pips (the spread).
What does this mean to you though? Well, let's look at the board. If you bought the EUR/USD at 1.2158 as it is offered under the Offer column, and immediately sold it again before the price moved, you would only get 1.2155 as is shown in the Bid column. So the net result is -3 pips, or a loss to you, and a profit to the broker. Remember to always take the spread into account when placing a trade, setting targets and stop losses.
BEARS AND THE BULLS
Once (you have) started your Forex trading education, you will constantly see the terms "Bears" and "Bulls" in Forex books and chat rooms. These are terms that describe the general mood of the market. A "bear" market, is when the general mood of the market is down, i.e. when there are more sellers than buyers in the marketplace. A "bull market" is the opposite, when there are more buyers than sellers and the general mood of the market is up. Forex is a place where bulls and bears struggle, and if you can identify who is gaining the upper hand, then you can identify the direction of the price. Easier said than done, of course. There are many more areas to cover, this should help those only starting Forex trading education.
CALCULATING PROFIT AND LOSS
Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value of your Forex investment increases or decreases because of changes in the currency exchange rate or Forex rate. These changes can occur at any time, and often result from economic and political events. Using a hypothetical Forex investment, this article shows you how to calculate profit and loss in Forex trading. Let's push your Forex trading education to a new level together.
To understand how the exchange rate can affect the value of your Forex investment, you need to learn how to read a Forex quote. Forex quotes are always expressed in pairs. In the following example, your pair of currencies is the U.S. Dollar (USD) and the Canadian Dollar (CAD). The Forex quote, USD/CAD = 170.50, means that one U.S. Dollar is equal to 170.50 Canadian Dollars. The currency to the left of the "/" (USD in this example) is referred to as base currency and its value is always 1. The currency to the right of the "/" (CAD in this example) is referred to as the counter currency. In this example, one USD can buy 170.50 CAD, because it is the stronger of the two currencies. The U.S. Dollar is regarded as the central currency of the Forex market, and it is always treated as the base currency in any Forex quote where it is one of the pairs.
CURRENCY PAIR
Reading a foreign exchange quote may seem confusing at first. However, it's really quite simple if you remember two things when starting your Forex trading education: 1) The first currency listed is the base currency 2) The value of the base currency is always 1.
The US dollar is the centerpiece of the Forex market and is normally considered the 'base' currency for quotes. In the "Majors", this includes USD/JPY, USD/CHF and USD/CAD. For these currencies and many others, quotes are expressed as a unit of 1 USD per the second currency quoted in the pair. For example, a quote of USD/JPY 120.01 means that one U.S. dollar is equal to 120.01 Japanese yen.
When the U.S. dollar is the base unit and a currency quote goes up, it means the dollar has appreciated in value and the other currency has weakened. If the USD/JPY quote we previously mentioned increases to 123.01, the dollar is stronger because it will now buy more yen than before.
The 3 exceptions to this rule are the British pound (GBP), the Australian dollar (AUD) and the Euro (EUR). In these cases, you might see a quote such as GBP/USD 1.4366, meaning that one British pound equals 1.4366 U.S. dollars.
In these three currency pairs, where the U.S. dollar is not the base rate, a rising quote means a weakening dollar, as it now takes more U.S. dollars to equal one pound, euro or Australian dollar.
In other words, if a currency quote goes higher, that increases the value of the base currency. A lower quote means the base currency is weakening.
Currency pairs that do not involve the U.S. dollar are called cross currencies, but the premise is the same. For example, a quote of EUR/JPY 127.95 signifies that one Euro is equal to 127.95 Japanese yen.
When continuing your Forex trading education, you will often see a two-sided quote, consisting of a 'bid' and 'offer'. The 'bid' is the price at which you can sell the base currency (at the same time buying the counter currency). The 'ask' is the price at which you can buy the base currency (at the same time selling the counter currency).
PIP
Once you start your Forex trading education, you will learn to love this word because it is what you will be seeking for the rest of your Forex career. A pip is the smallest denominator of a particular currency pair, so for the above example, if the EUR/USD moves from 1.2150 to 1.2155 then it has moved up 5 pips.
LEVERAGE
Leverage is a simple concept of Forex trading education. If you have $10,000 to trade with, your Forex broker will let you borrow money from him so that you can trade in larger quantities. They will let you borrow as much as 400 times (400:1) what you put up in a trade. Most brokers allow between 50:1 and 100:1 margin. So, if you put up $1,000, and your broker allows 100:1 margin, then you'll be trading $100,000 worth of currency (instead of $1,000).
That's important, because every pip equals a certain dollar amount. When you trade $10,000, each pip movement equals $1. The chart below shows how it goes from there. If you trade 10,000 worth of currency, each movement would be equal to $1. So if you bought at 1.1445 and sold at 1.1545, you would make 100 x $1, or $100. If you trade $100,000, each pip movement would equal $10 and so on.
LONG AND SHORT
There are 2 different ways to trade on the Forex market and many beginners (or those who continue their Forex trading education) are surprised to learn that they can actually make as much money when currency price moves down as when it goes up. Let's start with the most logical movement, when the price moves up.
Most people are very familiar with the concept of buying something at a low price and selling it when the price increases. So the concept of buying the EUR/USD at 1.2150 and selling it at 1.2160 for a 10 pip gain should seem logical. This process is called going long.
You can also do this in reverse! If you know that the currency price is more likely to go down rather than up, you can go short. This is just the opposite of the above transaction, selling it first and buying it back later in the hope that the price will go down for you to make profit.
This may seem strange at first, but the concept remains the same either way. You always want to buy something at a low price, and sell it expensive. The consecution of actions doesn't matter. You must both buy and sell; as long as you sell at a higher price than you buy you make profit. Let us continue our Forex trading education.
SPREAD
The difference between stock markets and the Forex market brokers, is that in the Forex market, broker commissions are either very low or zero. So how do the ?? make money? They make it from the "spread" - difference between the actual price and the offered price through a broker.
On the right you can see a typical board of currency pairs and their spreads. This one is taken from our feed this morning, and you can see the difference between the Offer (the price you can place on a sell order) and the Bid (the price you can place on a buy order) is 3 pips (the spread).
What does this mean to you though? Well, let's look at the board. If you bought the EUR/USD at 1.2158 as it is offered under the Offer column, and immediately sold it again before the price moved, you would only get 1.2155 as is shown in the Bid column. So the net result is -3 pips, or a loss to you, and a profit to the broker. Remember to always take the spread into account when placing a trade, setting targets and stop losses.
BEARS AND THE BULLS
Once (you have) started your Forex trading education, you will constantly see the terms "Bears" and "Bulls" in Forex books and chat rooms. These are terms that describe the general mood of the market. A "bear" market, is when the general mood of the market is down, i.e. when there are more sellers than buyers in the marketplace. A "bull market" is the opposite, when there are more buyers than sellers and the general mood of the market is up. Forex is a place where bulls and bears struggle, and if you can identify who is gaining the upper hand, then you can identify the direction of the price. Easier said than done, of course. There are many more areas to cover, this should help those only starting Forex trading education.
CALCULATING PROFIT AND LOSS
Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value of your Forex investment increases or decreases because of changes in the currency exchange rate or Forex rate. These changes can occur at any time, and often result from economic and political events. Using a hypothetical Forex investment, this article shows you how to calculate profit and loss in Forex trading. Let's push your Forex trading education to a new level together.
To understand how the exchange rate can affect the value of your Forex investment, you need to learn how to read a Forex quote. Forex quotes are always expressed in pairs. In the following example, your pair of currencies is the U.S. Dollar (USD) and the Canadian Dollar (CAD). The Forex quote, USD/CAD = 170.50, means that one U.S. Dollar is equal to 170.50 Canadian Dollars. The currency to the left of the "/" (USD in this example) is referred to as base currency and its value is always 1. The currency to the right of the "/" (CAD in this example) is referred to as the counter currency. In this example, one USD can buy 170.50 CAD, because it is the stronger of the two currencies. The U.S. Dollar is regarded as the central currency of the Forex market, and it is always treated as the base currency in any Forex quote where it is one of the pairs.
Take your first step to financial freedom. Enter the Forex world!
LiteForex offers revolutionary trading technology for beginner traders, and lets you start trading in the Forex market depositing just ONE DOLLAR! Your deposit appears in US cents on the Lite group accounts, so you feel like you are trading the same amount in US Dollars. This new technology allows Forex beginners to learn Forex in a REAL life situation with minimal investment!
LiteForex also offers competitive trading conditions for Forex professionals all around the world, and provides a dedicated Forex trading server and experienced customer support as well as analysis of Forex market and a professional affiliate program.
With more than 124,000 serviced users, more than 45,000 unique and live Forex trading accounts, more than 300 new traders every day, and more than 700,000 live orders every month, LiteForex is one of the most popular and fastest growing Forex companies in the world.
LiteForex also offers competitive trading conditions for Forex professionals all around the world, and provides a dedicated Forex trading server and experienced customer support as well as analysis of Forex market and a professional affiliate program.
With more than 124,000 serviced users, more than 45,000 unique and live Forex trading accounts, more than 300 new traders every day, and more than 700,000 live orders every month, LiteForex is one of the most popular and fastest growing Forex companies in the world.
Forex Trading System Advantages
Straighthold Investment Group provides Forex traders with excellent working conditions on the Forex Market. The main aim of the LiteForex project is to meet the needs of entry level traders and to help them ease their way to professionalism and success in Forex trading. Our trading terms and conditions suit Forex professionals as well. All these details make us feel that the LiteForex project is really universal and unique.
Below, please find a list of the 12 major advantages of collaborating with our company:
START FOREX TRADING WITH JUST $1
The LiteForex project offers you the unique opportunity to enter the Forex market with just ONE DOLLAR. All transactions on LITE group accounts are effected in US cents, so you can trade by 0.1 lots with margin rates of 1 % at a leverage of 1:100 or with margin rates of 0.5 % at a leverage of 1:200.
COMMISSION-FREE FOREX TRADING
Straighthold Investment Group allows you to make currency transactions on the Forex market with minimal expense - you pay no commissions, just spreads.
INTEREST INCOME
We also pay competitive interest income on the balance amount not invited in trading on a monthly basis.
UNBEATABLE FIXED BID/ASK SPREADS
We offer unbeatable fixed spreads starting from 3 points. So, constant spread size doesnt depend on market activity.
INSTANT EXECUTION
For placing trade orders we employ Instant Execution technology. In this case on-line traders dont need to request quotes before entering the Forex market. They just open and close positions at the price they see on the monitor.
NO DEALING DESK
The technology of auto-hedging helps to almost completely eliminate the need for a dealer in transactions. All orders are automatically executed. Besides, the processes of account crediting and debiting are highly automated and use the most popular electronic payment systems.
WIDE VARIETY OF ACCOUNT TYPES
LiteForex offers traders a choice of trading accounts that correspond to their Forex trading strategy and financial skills.
LITEForex The LITEForex account group has been developed for beginners above all, but can also be used by traders who wish to test their mechanical trading systems. The main advantage of the LITEForex managed Forex account is that you only need a starting deposit of 1 US dollar. After you open the LITEForex managed Forex account you can trade through our company on the same terms as other traders, who work on other account groups. The only difference is the operating amount.*
REALForex This account group is particularly intended for Forex professionals who have sufficient experience working with large sums.
Regardless of the account type, Straighthold Investment Group lets Forex traders choose a leverage rate of from 1:50 to 1:200.
WIDE VARIETY OF TRADING INSTRUMENTS
LiteForex offers 43 trading instruments including spot Gold, spot Silver and 8 currency indexes in order to provide Forex traders with the best opportunity to choose the most suitable trading instruments.
MOST POPULAR TRADING PLATFORM
Straighthold Investment Group provides Forex traders with the most popular Forex trading platform the MetaTrader 4.
DEDICATED FOREX TRADING SERVERS
To ensure the highest quality of service, LiteForex provides three dedicated Forex trading servers for Virtual, Lite and Real traders. Each Forex trading server has a wide variety of data centers (customer's access points) in different locations around the world to provide the quickest possible connection of the customer's Forex trading terminal to the companys Forex trading servers.
EXPERIENCED CUSTOMER SUPPORT
Our company provides services to Forex beginners with minimum investments as well as to Forex professionals; so we employ the most experienced Forex experts and technical support staff available on a 24/5 time basis.
WIDE PARTNERSHIP OPPORTUNITIES
For those customers who want to earn risk-free income not involved in Forex trading, LiteForex offers a wide variety of partnership opportunities including a competitive Affiliate program, Introducing Broker program and White Label program.
Below, please find a list of the 12 major advantages of collaborating with our company:
START FOREX TRADING WITH JUST $1
The LiteForex project offers you the unique opportunity to enter the Forex market with just ONE DOLLAR. All transactions on LITE group accounts are effected in US cents, so you can trade by 0.1 lots with margin rates of 1 % at a leverage of 1:100 or with margin rates of 0.5 % at a leverage of 1:200.
COMMISSION-FREE FOREX TRADING
Straighthold Investment Group allows you to make currency transactions on the Forex market with minimal expense - you pay no commissions, just spreads.
INTEREST INCOME
We also pay competitive interest income on the balance amount not invited in trading on a monthly basis.
UNBEATABLE FIXED BID/ASK SPREADS
We offer unbeatable fixed spreads starting from 3 points. So, constant spread size doesnt depend on market activity.
INSTANT EXECUTION
For placing trade orders we employ Instant Execution technology. In this case on-line traders dont need to request quotes before entering the Forex market. They just open and close positions at the price they see on the monitor.
NO DEALING DESK
The technology of auto-hedging helps to almost completely eliminate the need for a dealer in transactions. All orders are automatically executed. Besides, the processes of account crediting and debiting are highly automated and use the most popular electronic payment systems.
WIDE VARIETY OF ACCOUNT TYPES
LiteForex offers traders a choice of trading accounts that correspond to their Forex trading strategy and financial skills.
LITEForex The LITEForex account group has been developed for beginners above all, but can also be used by traders who wish to test their mechanical trading systems. The main advantage of the LITEForex managed Forex account is that you only need a starting deposit of 1 US dollar. After you open the LITEForex managed Forex account you can trade through our company on the same terms as other traders, who work on other account groups. The only difference is the operating amount.*
REALForex This account group is particularly intended for Forex professionals who have sufficient experience working with large sums.
Regardless of the account type, Straighthold Investment Group lets Forex traders choose a leverage rate of from 1:50 to 1:200.
WIDE VARIETY OF TRADING INSTRUMENTS
LiteForex offers 43 trading instruments including spot Gold, spot Silver and 8 currency indexes in order to provide Forex traders with the best opportunity to choose the most suitable trading instruments.
MOST POPULAR TRADING PLATFORM
Straighthold Investment Group provides Forex traders with the most popular Forex trading platform the MetaTrader 4.
DEDICATED FOREX TRADING SERVERS
To ensure the highest quality of service, LiteForex provides three dedicated Forex trading servers for Virtual, Lite and Real traders. Each Forex trading server has a wide variety of data centers (customer's access points) in different locations around the world to provide the quickest possible connection of the customer's Forex trading terminal to the companys Forex trading servers.
EXPERIENCED CUSTOMER SUPPORT
Our company provides services to Forex beginners with minimum investments as well as to Forex professionals; so we employ the most experienced Forex experts and technical support staff available on a 24/5 time basis.
WIDE PARTNERSHIP OPPORTUNITIES
For those customers who want to earn risk-free income not involved in Forex trading, LiteForex offers a wide variety of partnership opportunities including a competitive Affiliate program, Introducing Broker program and White Label program.
New to FXstreet.com Forums? Introduce yourself here
New to our Forum? First of all, you're welcome, feel like home . Now, come on, don't be shy: introduce yourself here and tell us about you and your trading: what do you trade, how are you doing it, what has been your best trades and so on.Also remember you can help this community to grow by doing things such as:
Contributing Good Posts: if you have something interesting you want to share, don't keep it to yourself! Share it with other traders, we can try to improve your latest strategy or your GBP/JPY analysis together
Help Answering Questions: we were all beginners once, and we all had and have many questions about trading. So if you see a question you might have an answer for, or if you think you can add some valuable insight to a discussion, please help by answering. Even if you're not completely sure you are 100% correct, your thoughts may help others find the answer.
Collecting Points: you can rate and give your votes to those who you think that are the best members/posts at FXstreet.com Forums Now let's build one of the biggest Forex communities at FXstreet.com!!!Regards,FXD
Contributing Good Posts: if you have something interesting you want to share, don't keep it to yourself! Share it with other traders, we can try to improve your latest strategy or your GBP/JPY analysis together
Help Answering Questions: we were all beginners once, and we all had and have many questions about trading. So if you see a question you might have an answer for, or if you think you can add some valuable insight to a discussion, please help by answering. Even if you're not completely sure you are 100% correct, your thoughts may help others find the answer.
Collecting Points: you can rate and give your votes to those who you think that are the best members/posts at FXstreet.com Forums Now let's build one of the biggest Forex communities at FXstreet.com!!!Regards,FXD
Currency Majors Technical Perspective
EUR/USD Current price: 1.3700
Pair remains pushing higher despite bigger time frames indicators are showing important bearish divergences in the pair. Back to hourly charts, above 1.3707 yesterday’s high, next resistance zone will come at 1.3740 key level. Clear break above, is needed to confirm further rises in the term. 20 SMA holds its bullish slope, and supporting actual trend.
Support levels: 1.3655 1.3610 1.3558
Resistance levels: 1.3707 1.3740 1.3790
GBP/USD Current price: 1.5303
Bullish trend continues after due correction, and pair is approaching to yesterday’s high around 1.5350. Extension above that level could trigger bullish momentum in the pair, despite momentum in the hourly presents a bearish divergence. Bigger time frames also seem a bit exhausted yet, no other signs of reversal yet. Expect more gains in the pair, as long as price remains above the 20 SMA.
Support levels: 1.5280 1.5250 1.5210
Resistance levels: 1.5332 1.5350 1.5394
USD/JPY Current Price 95.96
Fresh low just under the 96.00 zone, bearish trend continues strong in the pair, after breaking under the key ascendant daily trend line around 96.30 first static resistance for the next hours. Pair has no signs of exhaustion or reversal and indicators Pair now should attempt to reach next important support at 95.50, that probe it’s strength in the past. Seems unlikely the pair breaking under at a first attempt. If surpassed, longer term perspective lies at 93.30 zone.
Support levels: 95.80 95.50 95.15
Resistance levels: 96.30 96.60 97.10
USD/CHF: Current Price: 1.0979
No changes since last update, pair remains bearish and as other majors no signs of reversal yet, despite indicators seem exhausted and pair oversold. 1.0957 is first important support from the pair, and should hold the downside. If broken, downside momentum will likely accelerate.
Support levels: 1.0957 1.0920 1.0870
Resistance levels: 1.1010 1.1045 1.1105
NOTE: when not detail, supports and resistance levels reflect past session candles minimums or maximums congestion zones.
Pair remains pushing higher despite bigger time frames indicators are showing important bearish divergences in the pair. Back to hourly charts, above 1.3707 yesterday’s high, next resistance zone will come at 1.3740 key level. Clear break above, is needed to confirm further rises in the term. 20 SMA holds its bullish slope, and supporting actual trend.
Support levels: 1.3655 1.3610 1.3558
Resistance levels: 1.3707 1.3740 1.3790
GBP/USD Current price: 1.5303
Bullish trend continues after due correction, and pair is approaching to yesterday’s high around 1.5350. Extension above that level could trigger bullish momentum in the pair, despite momentum in the hourly presents a bearish divergence. Bigger time frames also seem a bit exhausted yet, no other signs of reversal yet. Expect more gains in the pair, as long as price remains above the 20 SMA.
Support levels: 1.5280 1.5250 1.5210
Resistance levels: 1.5332 1.5350 1.5394
USD/JPY Current Price 95.96
Fresh low just under the 96.00 zone, bearish trend continues strong in the pair, after breaking under the key ascendant daily trend line around 96.30 first static resistance for the next hours. Pair has no signs of exhaustion or reversal and indicators Pair now should attempt to reach next important support at 95.50, that probe it’s strength in the past. Seems unlikely the pair breaking under at a first attempt. If surpassed, longer term perspective lies at 93.30 zone.
Support levels: 95.80 95.50 95.15
Resistance levels: 96.30 96.60 97.10
USD/CHF: Current Price: 1.0979
No changes since last update, pair remains bearish and as other majors no signs of reversal yet, despite indicators seem exhausted and pair oversold. 1.0957 is first important support from the pair, and should hold the downside. If broken, downside momentum will likely accelerate.
Support levels: 1.0957 1.0920 1.0870
Resistance levels: 1.1010 1.1045 1.1105
NOTE: when not detail, supports and resistance levels reflect past session candles minimums or maximums congestion zones.
Daily Forex Signal
The strategy traded for these signals are based solely on technical analysis (the charts always price everything in) and is mid to long term with trades lasting anywhere from a few days to portions of the trades lasting several months and thousands of pips.Trades are entered only in the direction of the greater trend in place (defined by the True Trend indicator). Money management plays a large role in this trading method (position size & risk/reward) in order to make high returns with little risk possible. The minimum risk/reward implored on a trade is 2:1 and as much as 6:1 on all Zero Line Cross (zlc) trades.JCL's Forex
Corporatation News
Investment IncStarted
Jun-17-2008 07:41:10 AM
We are happy to welcome you on our site . Today we start our on-line program. We do believe, uniting our forces, we'll be able to achieve high results in our business. The team of www,investmentinc.comconsists of highly experienced and skilled workers , able and willing to work for the welfare of our company and our investors. We'll be glad to welcome you among our investors. Don't miss your chance to make money with us
Jun-17-2008 07:41:10 AM
We are happy to welcome you on our site . Today we start our on-line program. We do believe, uniting our forces, we'll be able to achieve high results in our business. The team of www,investmentinc.comconsists of highly experienced and skilled workers , able and willing to work for the welfare of our company and our investors. We'll be glad to welcome you among our investors. Don't miss your chance to make money with us
Investment Packages
Investment Inc offers three investment packages for you to choose from - 35-40% profits daily for 3 days and 50-110 % profits after 15 days and 200-250% profits after 30 days . The package you choose will set your investment term and interest structure.
35-40% profits daily for 3 days
35%-40% fixed Daily interest
Investment term : 3 days
Interest is paid on trading days (Monday to Sunday)
Minimal deposit is $ 10.00
No Maximum Amount per Deposit
Fast withdrawals! All withdrawals are processed within 24 hours after the request
Principal no return -->
Level
Amount
Daily Interest
Plan I
$10.00 - $999.00
35.00%
Plan II
$1000.00 - $9999.00
37.00%
Plan III
$10000.00 - and more
40.00%
50-110 % profits after 15 days
50%-110% fixed interest
Investment term : 15 days
Interest is paid on trading days (Monday to Sunday)
Minimal deposit is $ 1000.00
No Maximum Amount per Deposit
Fast withdrawals! All withdrawals are processed within 24 hours after the request
Principal is returned back to investor -->
Level
Amount
Interest
Plan I
$1000.00 - $4999.00
50.00%
Plan II
$5000.00 - $9999.00
80.00%
Plan III
$10000.00 - and more
110.00%
200-250% profits after 30 days
200%-250% fixed Daily interest
Investment term : 30 days
Interest is paid on trading days (Monday to Sunday)
Minimal deposit is $ 5000.00
No Maximum Amount per Deposit
Fast withdrawals! All withdrawals are processed within 24 hours after the request
Principal is returned back to investor -->
Level
Amount
Daily Interest
Plan I
$5000.00 - $9999.00
200.00%
Plan II
$10000.00 - and more
250.00%
35-40% profits daily for 3 days
35%-40% fixed Daily interest
Investment term : 3 days
Interest is paid on trading days (Monday to Sunday)
Minimal deposit is $ 10.00
No Maximum Amount per Deposit
Fast withdrawals! All withdrawals are processed within 24 hours after the request
Principal no return -->
Level
Amount
Daily Interest
Plan I
$10.00 - $999.00
35.00%
Plan II
$1000.00 - $9999.00
37.00%
Plan III
$10000.00 - and more
40.00%
50-110 % profits after 15 days
50%-110% fixed interest
Investment term : 15 days
Interest is paid on trading days (Monday to Sunday)
Minimal deposit is $ 1000.00
No Maximum Amount per Deposit
Fast withdrawals! All withdrawals are processed within 24 hours after the request
Principal is returned back to investor -->
Level
Amount
Interest
Plan I
$1000.00 - $4999.00
50.00%
Plan II
$5000.00 - $9999.00
80.00%
Plan III
$10000.00 - and more
110.00%
200-250% profits after 30 days
200%-250% fixed Daily interest
Investment term : 30 days
Interest is paid on trading days (Monday to Sunday)
Minimal deposit is $ 5000.00
No Maximum Amount per Deposit
Fast withdrawals! All withdrawals are processed within 24 hours after the request
Principal is returned back to investor -->
Level
Amount
Daily Interest
Plan I
$5000.00 - $9999.00
200.00%
Plan II
$10000.00 - and more
250.00%
Welcome to Investment Inc
Investment Inc is created for those who want to improve their financial condition, but do not have economic education and are not the financial experts
Our team has been working in a sphere of FOREX trading for 8 years and during this time has achieved a very good results and stable income.
For further development and trading volume increase we have a demand in outside investments. We are engaged in wide array of financial activities with the main focus on high-yield corporate and bank promissory notes.
These are relatively little known financial instruments, available to very few financial institutions and individuals.
Corporate and bank promissory notes are rather low-risk ventures as compared to other high-yield investment opportunities since transactions involving these promissory notes are backed up by major banks.
And we suggest you to become a member of our team on mutually beneficial conditions. In contrast to other programs we do not promise fast earnings with minimum investments. Yes, we:
- do not promise the fast increase of your financial capital.
- do not offer super-attractive conditions and unreal interest rates.
- do not tell stories about some unique earning methods.
- do not tell that we are working in 10 directions at once and all of them are bringing income.
If it doesn't suit you then you'd better find another program to invest.
But we can guarantee that:
- you will get stable and real income up 10% daily.
- we know about FOREX and the difference between "bulls" and "bears" not by hearsay.
- your deposit will be in a safe place and your participation in our program will be totally anonymous.
- any arising questions will be considered by our support service at the earliest possible time.
Our team has been working in a sphere of FOREX trading for 8 years and during this time has achieved a very good results and stable income.
For further development and trading volume increase we have a demand in outside investments. We are engaged in wide array of financial activities with the main focus on high-yield corporate and bank promissory notes.
These are relatively little known financial instruments, available to very few financial institutions and individuals.
Corporate and bank promissory notes are rather low-risk ventures as compared to other high-yield investment opportunities since transactions involving these promissory notes are backed up by major banks.
And we suggest you to become a member of our team on mutually beneficial conditions. In contrast to other programs we do not promise fast earnings with minimum investments. Yes, we:
- do not promise the fast increase of your financial capital.
- do not offer super-attractive conditions and unreal interest rates.
- do not tell stories about some unique earning methods.
- do not tell that we are working in 10 directions at once and all of them are bringing income.
If it doesn't suit you then you'd better find another program to invest.
But we can guarantee that:
- you will get stable and real income up 10% daily.
- we know about FOREX and the difference between "bulls" and "bears" not by hearsay.
- your deposit will be in a safe place and your participation in our program will be totally anonymous.
- any arising questions will be considered by our support service at the earliest possible time.
Mary Stephens, Fashion Design Department Chair, Fashion Institute of Design and Merchandising
Fashion design majors learn the nuts and bolts of designing and making clothing and accessories. Classes cover everything from sketching and computer design to pattern making and fabric selection.
“Fashion design is a highly technical industry, requiring great attention to detail and patience. It is this aspect that students often find most challenging.”
“Fashion design is a highly technical industry, requiring great attention to detail and patience. It is this aspect that students often find most challenging.”
Major: Fashion Design
You may dream of seeing your creations on the runway. But if you decide to take the plunge and major in fashion design, get ready to be snapped into reality.
This is one demanding major. Working around the clock to finish original creations won't be enough. You'll also have to meet the highest standards of accuracy, taking exact measurements and cutting patterns to precision. But if fashion is your passion, this major may be custom-made for you.
This is one demanding major. Working around the clock to finish original creations won't be enough. You'll also have to meet the highest standards of accuracy, taking exact measurements and cutting patterns to precision. But if fashion is your passion, this major may be custom-made for you.
Sunday, May 3, 2009
The Week Ahead
Published every Friday at 1500 ET, this report summarizes key market developments – both fundamental and technical - and analyzes the likely impact on the upcoming trading week. It's a quick, compact way to keep a handle on the overall currency market
The Weekly Strategy
If you're a swing trader, check out the Weekly Strategy every Friday at 1500 ET for trading opportunities to consider in the upcoming week. We set up the trade, explain the logic behind it, and then report back on how it worked in the actual market. Get your trading tips from a team with real skin-in-the-game - and benefit from our experience.
Economic Calendar
Your shorthand guide to key economic releases for the week ahead. Review how currency markets reacted previously to these events and what they're forecasted to act next.
Pivot Points
Pivot Points Updated at the close of each business day, we provide three levels of support and resistance for 37 currency pairs. When used in conjunction with other technical indicators, and research, pivot points can provide technical traders additional confirmation for anticipated support and resistance levels.
Trading Central's Daily Technical Levels
Get the latest technical levels for six major currency pairs delivered right to your inbox twice each day, at the beginning and end of the NY trading session. Each report provides support, resistance, momentum and trend analysis, along with anticipated price action and trading strategies for the upcoming session, all in an easy to read newsletter format. Trading Central is a leading investment research provider to financial market professionals. Their technical strategies cover forex, commodities, equity, index, and fixed-income markets.
FOREX Insider
Forex Insider provides you with actionable analysis of news, events and technical levels that impact currency prices - as it happens. Updates are published directly by the senior traders and members of our experienced research team, up to 20 times an hour. Take advantage of their proximity to institutional buy and sell side action, as they trade with some of the world's largest financial institutions. Keep in mind that the market impact of news and other events detailed in Forex Insider may already be factored into the currency price before this information reaches the public. Forex Insider is available directly within the platform, allowing you to act quickly on the information. To access Forex Insider, click the "Commentary" tab.
FOREX.com Market Updates
Actionable research published three times daily, after the close of each major trading session in Tokyo, London, and New York. Each update summarizes the key takeaways from each trading session. Find out how each major market may impact upcoming price action, and learn about important technical levels and events to watch.
Strategy of the Day
Published twice a day before the Asian and New York markets open, Strategy of the Day gives you a fresh, ready-to-use trading idea for the upcoming trading session. Senior Technical Strategist Todd Gordon explains step by step how to set up the trade and why he thinks it's a smart move, reporting back on the results and lessons learned
Daily Technical Analysis Report
For avid chartists. Published every morning at 0800 ET, this report x-rays 12 key currency pairs for short, medium, and long term momentums as well as key support/resistance levels. Keep your eye on these "tripwires" for market action - so you can trade with the trend, as soon as it starts.
Resources
FOREX.com offers you access to a variety of forex charting packages and premium technical analysis tools to help you trade the Forex market.
With a 24-hour streaming news feed, professional forex research and live market commentary, you’ll always be up-to-date on important economic events, price movements and market developments
With a 24-hour streaming news feed, professional forex research and live market commentary, you’ll always be up-to-date on important economic events, price movements and market developments
Forex Research
Our award-winning research team brings you insights and tips, direct from our seasoned traders. Divided into weekly, daily and intraday research, we cover both fundamental and technical indicators. Our Intraday commentary includes FOREX Insider and the widely read Market Updates. Follow the market with our traders as they decode the market's movements, point out emerging chart patterns and analyze key data releases' impact on the currency markets, as they happen.
Trading Platforms
Our FOREXTrader platforms combine ease of use, unprecedented flexibility and a full suite of professional charting and order management tools, all on a single screen. Best of all, you can use the same User ID and Password to switch between platforms at will, putting you in total control of your trading experience.
View real-time prices in 37 currency pairs and spot gold
Execute market orders with just one mouse click
Track P&L and open positions in real time
Perform technical analysis with our advanced charting tool
Choose from 8 available order types
Access a full suite of proprietary daily and weekly research reports
View up to the minute news headlines and market commentary
View real-time prices in 37 currency pairs and spot gold
Execute market orders with just one mouse click
Track P&L and open positions in real time
Perform technical analysis with our advanced charting tool
Choose from 8 available order types
Access a full suite of proprietary daily and weekly research reports
View up to the minute news headlines and market commentary
Sunday, April 26, 2009
Lovely in…an outrageous overcoat
If the Transformers had a fashion robot, this is probably what it would look like. [Design Boom]
Would you pay $12,000 for Louis Vuitton purse scraps? [The Cut]
According to reports, Marc Jacobs will bring two dates to next month’s Met Ball. Try to guess who they’ll be. [The Cut]Remember those shirts that changed colour in the sun? Here’s a book that does the same thing. [Refinery29]
You knew it was coming: designers are asking for a fashion bailout. [The Cut]
Gisele has mad skills when it comes to gambling. [Vogue UK]
Tags: Gisele Bündchen, Louis Vuitton, Marc Jacobs, Met Ball, Prada
Would you pay $12,000 for Louis Vuitton purse scraps? [The Cut]
According to reports, Marc Jacobs will bring two dates to next month’s Met Ball. Try to guess who they’ll be. [The Cut]Remember those shirts that changed colour in the sun? Here’s a book that does the same thing. [Refinery29]
You knew it was coming: designers are asking for a fashion bailout. [The Cut]
Gisele has mad skills when it comes to gambling. [Vogue UK]
Tags: Gisele Bündchen, Louis Vuitton, Marc Jacobs, Met Ball, Prada
Lovely in…layers of luxe
Lovely in…an outrageous overcoat
Spotted: Toronto Fashion Week tents at Nathan Phillips Square
Check out the full look after the jump.
Why: Because an eccentric and eclectic wardrobe is hard to pull off. By adding bits of classic style (oversize sunnies and silk scarves) to a truly unique look, this Lovely gets a FASHION bravo!
Spotted: Toronto Fashion Week tents at Nathan Phillips Square
Check out the full look after the jump.
Why: Because an eccentric and eclectic wardrobe is hard to pull off. By adding bits of classic style (oversize sunnies and silk scarves) to a truly unique look, this Lovely gets a FASHION bravo!
Leather and lace
Lovely in…layers of luxe
Spotted: Yorkville, Toronto
Check out the full look after the jump.
Why: a seemingly simple (yet sophisticated) look, is all about the details – a textured velvet blazer, chunky men’s watch, grown-up gladiator stilettos, oversized sunnies and a lux lace top – and gives this lovely’s blue jeans a fashion facelift!
Spotted: Yorkville, Toronto
Check out the full look after the jump.
Why: a seemingly simple (yet sophisticated) look, is all about the details – a textured velvet blazer, chunky men’s watch, grown-up gladiator stilettos, oversized sunnies and a lux lace top – and gives this lovely’s blue jeans a fashion facelift!
Must-have accessory: Earrings
Like shiny lures, these statement earrings will reel you in hook, line and sinker.
Ageless Style: 30s
You might recognize Shannon Heth from her frequent appearances in the party pages, but whether she’s attending events or managing her roster of restaurant, fashion and design clientele, the 31-year-old Vancouver-based publicist always looks stylish.
Five years ago, Heth’s closet consisted primarily of vintage pieces—“partly out of price-point necessity,” she admits, “but partly because I liked having something I knew I wouldn’t see anyone else wearing. Nowadays, I’m finding it harder to feel age-appropriate in an all-vintage look. Plus, you hope you’re in a position in your 30s where you can afford to mix in a little designer.”
Five years ago, Heth’s closet consisted primarily of vintage pieces—“partly out of price-point necessity,” she admits, “but partly because I liked having something I knew I wouldn’t see anyone else wearing. Nowadays, I’m finding it harder to feel age-appropriate in an all-vintage look. Plus, you hope you’re in a position in your 30s where you can afford to mix in a little designer.”
ESPA at Acqualina
If there’s any place in the world you want to feel young, it’s Miami—land of imported Euro babes, models and bikinis. But for those of us who want to only kick gently as we head into the long, dark night of being over 25 (as opposed to tussling with a surgeon’s scalpel or syringe), there is ESPA at Acqualina Resort and Spa. The international luxury spa chain—this was the first location in North America—offers several anti-aging treatments that will rock a little East-meets-West spa pampering on your waning visage and bod, and allow you to face the beach bunnies with an extra spring in your Havaianas. Named one of Condé Nast Traveler’s top spas in 2008, the two-storey, 20,000-square-foot oasis is chic and relaxing, with glass-mosaic and dark wood walls, low lighting and the ever-present sound of trickling water—and it has a stunning view overlooking the Atlantic Ocean. Before or after your treatment, relax in the outdoor pool on the terrace or in the heated jet pool with its own waterfall, indulge in the various wet rooms—Crystal Steam Room, Ice Fountains, Experience Shower (with both Arctic and Caribbean mists)—or visit the Finnish sauna. The targeted anti-aging facials feature products from ESPA’s new Super Active product range, but I go for the Contour and Firm Body Treatment ($380) because I feel my derrière has been looking a little elderly of late. And though the service—a specialized treatment meant to stimulate the circulation and lymphatic system, concentrating on naughty areas that are prone to cellulite and water retention—is apparently best done in a course of six, I’ll have to take the Coles Notes version and try just one. But what a one it is. The two-hour treatment involves a vigorous massage (or three—I sort of lose count), a rub-down with cold mitts, a thorough salt scrub, body brushing, a warm marine-algae wrap and a pressure-point foot massage to activate lymphatic drainage. Did I look instantly 22? Not sure, but I felt energized and fresh, and my bottom was smooth as butter. Take that, beach bunnies.
Wednesday, April 22, 2009
ESDP on Bio Technology for SMEs
Biotechnology is one of the fast growing sector in India as well over the world. This emerging field of biological science is going to take up in next 5 years with a global share of 10-15%. After Information Technology, Biotechnology is the next to join the ranks of the world's hi-tech nation
Eligibility :Entrepreneurs & Students
Course Fee : 100/- (duration is one day)
Date : 20.2.2009 to 31.3.2009
Venue : B. H. U., Varanasi
Candidates: 20 candidates selected Course Structure : Agriculture, Drugs, Bio-Pharma, Environmental Science, Food Processing, Bio-Informatics, Bio-Fertilizers, Bio-Compost [vermin compost], Bio- Pesticides, Aqua Culture Enzymes, Health Products, Plant Tissue Culture, Bio-fuel from Jatropha Plant, Diagnostic Tools, DNA Finger Printing, etc.
Eligibility :Entrepreneurs & Students
Course Fee : 100/- (duration is one day)
Date : 20.2.2009 to 31.3.2009
Venue : B. H. U., Varanasi
Candidates: 20 candidates selected Course Structure : Agriculture, Drugs, Bio-Pharma, Environmental Science, Food Processing, Bio-Informatics, Bio-Fertilizers, Bio-Compost [vermin compost], Bio- Pesticides, Aqua Culture Enzymes, Health Products, Plant Tissue Culture, Bio-fuel from Jatropha Plant, Diagnostic Tools, DNA Finger Printing, etc.
Fashion Designing
Eligibility :10THPASS,1835YearRelaxationFor(SC/ST/Woman)
Course Fee : Rs. 100/- and Rs.50/- for PH/Woman candidates & (No fee for SC/ST candidates)How to Apply : Contact to Personal Relation Officer at our centre in any working day at any working hour or mail us
Course Structure :
BASIC OF FASHION DESIGNING, BASIC DESIGN, FASHION SKETCHING, EMBROIDERY, GARMENT CONSTRUCTION, COMPUTER ON AIDED DESIGN, BESIDE THIS DURING TRAINING LECTURE ON MANAGEMENT, HOW TO SET UP INDUSTRY, PREPARATION OF PROJECT ETC AND UNIT VISIT OF SELECTED UNITS WILL ALSO BE COVERED.
Course Fee : Rs. 100/- and Rs.50/- for PH/Woman candidates & (No fee for SC/ST candidates)How to Apply : Contact to Personal Relation Officer at our centre in any working day at any working hour or mail us
Course Structure :
BASIC OF FASHION DESIGNING, BASIC DESIGN, FASHION SKETCHING, EMBROIDERY, GARMENT CONSTRUCTION, COMPUTER ON AIDED DESIGN, BESIDE THIS DURING TRAINING LECTURE ON MANAGEMENT, HOW TO SET UP INDUSTRY, PREPARATION OF PROJECT ETC AND UNIT VISIT OF SELECTED UNITS WILL ALSO BE COVERED.
Korean Popular Pattern
Korean Popular Pattern Stand-up Collar Small Button Lovely Short Coat classic fashion fashion photos fashion design Q08111117
Tuesday, April 7, 2009
Tommy Hilfiger Makes The Cut
In his new reality television show, "The Cut," fashion designer Tommy Hilfiger describes the elements of his fame with an acronym:
F - FashionA - ArtM - MusicE - Entertainment
Hilfiger explains that the key to his sustained success in the fashion industry has been his uncanny ability to fuse the four aforementioned elements in a tidy package that has mass appeal. Hilfiger launched his first collection in 1984, and netted profits of $11 million by 1986. But, of course, if you have visited any major department store in the past fifteen years, this is not hard to imagine. Hilfiger's spirited but casually colorful update on the classic preppy look has catapulted him into a household name. He has made chambray shorts and cotton collared shirts chic again. His collections fill the racks and people buy.
Hilfiger is also famous for his ability to forge great relationships with huge musical acts - including Nelly, Puff Daddy, Destiny's Child, the Black Eyed Peas, and No Doubt - to name a few! He has been praised for his ability to appeal to consumers through the use of celebrity endorsement. This methodology certainly fits into his "F.A.M.E." approach of creating a lifestyle brand, which he explains to the sixteen eager contestants selected to be a part of "The Cut."
In hopes of being chosen as the next great American designer, contestants will be put through the ringer. Hilfiger explains that each of the tasks, ranging from testing business instinct, to social skills, to sales and marketing, to design and creativity, are a part of the skill set necessary to achieve success in the competitive industry of fashion.
So, if you are reading this you are probably not a contestant on the show. That is okay! We think that you can gain valuable advice from Hilfiger anyway. In choosing the various tasks for the contestants, Hilfiger provides a guide for all design hopefuls. Fashion design is not just about design - at least not if you want to rule the fashion world! As you develop your design skills, it is also important to work on your ability to socialize, sell yourself and understand the numbers behind it all. Whether you seek "F.A.M.E" or a lucrative career in fashion, Hilfiger is a worthy model for success.
F - FashionA - ArtM - MusicE - Entertainment
Hilfiger explains that the key to his sustained success in the fashion industry has been his uncanny ability to fuse the four aforementioned elements in a tidy package that has mass appeal. Hilfiger launched his first collection in 1984, and netted profits of $11 million by 1986. But, of course, if you have visited any major department store in the past fifteen years, this is not hard to imagine. Hilfiger's spirited but casually colorful update on the classic preppy look has catapulted him into a household name. He has made chambray shorts and cotton collared shirts chic again. His collections fill the racks and people buy.
Hilfiger is also famous for his ability to forge great relationships with huge musical acts - including Nelly, Puff Daddy, Destiny's Child, the Black Eyed Peas, and No Doubt - to name a few! He has been praised for his ability to appeal to consumers through the use of celebrity endorsement. This methodology certainly fits into his "F.A.M.E." approach of creating a lifestyle brand, which he explains to the sixteen eager contestants selected to be a part of "The Cut."
In hopes of being chosen as the next great American designer, contestants will be put through the ringer. Hilfiger explains that each of the tasks, ranging from testing business instinct, to social skills, to sales and marketing, to design and creativity, are a part of the skill set necessary to achieve success in the competitive industry of fashion.
So, if you are reading this you are probably not a contestant on the show. That is okay! We think that you can gain valuable advice from Hilfiger anyway. In choosing the various tasks for the contestants, Hilfiger provides a guide for all design hopefuls. Fashion design is not just about design - at least not if you want to rule the fashion world! As you develop your design skills, it is also important to work on your ability to socialize, sell yourself and understand the numbers behind it all. Whether you seek "F.A.M.E" or a lucrative career in fashion, Hilfiger is a worthy model for success.
LIGHTS, ACTION, RUNWAY
Producing a Fashion Show
By Jennifer Petrini
Producing a fashion show is like directing a movie - coordinating all visual and technical aspects to create one final (but fabulous) production. Although fashion shows can be produced on any budget and for any type of audience, a game plan is necessary to execute perfection.
With over 20 fashion shows under my belt, I could probably write an entire book (and may still do). However, the following guidelines will certainly put you on the right track to illuminate your very own runway!
THEME of SHOW
Every fashion show must have an overall concept. Is it a Back to School Fashion Show for a mall, a showcase for a local designer, or a charity fundraiser? The client possibilities are endless. Creativity is the key to dress up the show any way you see fit. I have produced many themed events for holidays, stylist collaborations, color/shoes/jewelry/lingerie inspired concepts, and designer or retail-driven shows. Once you have a theme for your runway, the details are much easier to solidify.
MODELS
Agency models know how to strut the catwalk, but can be very expensive. If you don't have the budget to pay industry rates, base your model search on your client's needs. Are you promoting a children's line and need models under the age of 12? Is this a charity fundraiser with all ticket-holders over the age of 60? Hold a model call and place ads on free bulletins requesting potential models to show up in person to fill out fitting sheets and take Polaroids to remember their look. This is a great way to build your own model base for future shows.
FASHIONS for the RUNWAY
As the producer, you may or may not have to select the clothes for the runway. Based on your show concept, the stylists, designers, or stores might choose the merchandise. In any case, make sure you are familiar with all the garments in the show. Each garment should be returned in the same condition it originated. Take photos at the model fitting and have a list of all items on each model. When they return their outfit to you after the show, check for all pieces. This way you know who is accountable for what.
PRODUCTION
To get any show ready for the runway, you will need to solidify a venue to host the event, a runway or stage, lighting, music and of course, hair & makeup. Nightclubs, hotels, schools, and malls are popular fashion show venues. However creative spaces can be turned into runways. You may have a DJ to mix the music, a salon sponsoring the hair/makeup, and a multimedia screen on the runway with store logos. Whatever your technical details, make sure everything is tested and ready to go before the show.
SCRIPT
Write out the entire show in a script format. Whether you have an emcee speaking commentary on each outfit or music timed out for each individual scene, the model and fashion order is extremely important to have written down. This will make it much easier to call your show and follow along with the program.
VIP SPONSORS
On occasion, you may work with sponsors paying for the event who want additional publicity onsite. Hang their banners, giveaway promotional gift bags, and/or host a VIP reception for the sponsor's guests. If the sponsor is a restaurant or alcohol/beverage company, feature their product exclusively.
With thorough planning and creativity, a fashion show can be a huge success. And so much better than a boring movie!
By Jennifer Petrini
Producing a fashion show is like directing a movie - coordinating all visual and technical aspects to create one final (but fabulous) production. Although fashion shows can be produced on any budget and for any type of audience, a game plan is necessary to execute perfection.
With over 20 fashion shows under my belt, I could probably write an entire book (and may still do). However, the following guidelines will certainly put you on the right track to illuminate your very own runway!
THEME of SHOW
Every fashion show must have an overall concept. Is it a Back to School Fashion Show for a mall, a showcase for a local designer, or a charity fundraiser? The client possibilities are endless. Creativity is the key to dress up the show any way you see fit. I have produced many themed events for holidays, stylist collaborations, color/shoes/jewelry/lingerie inspired concepts, and designer or retail-driven shows. Once you have a theme for your runway, the details are much easier to solidify.
MODELS
Agency models know how to strut the catwalk, but can be very expensive. If you don't have the budget to pay industry rates, base your model search on your client's needs. Are you promoting a children's line and need models under the age of 12? Is this a charity fundraiser with all ticket-holders over the age of 60? Hold a model call and place ads on free bulletins requesting potential models to show up in person to fill out fitting sheets and take Polaroids to remember their look. This is a great way to build your own model base for future shows.
FASHIONS for the RUNWAY
As the producer, you may or may not have to select the clothes for the runway. Based on your show concept, the stylists, designers, or stores might choose the merchandise. In any case, make sure you are familiar with all the garments in the show. Each garment should be returned in the same condition it originated. Take photos at the model fitting and have a list of all items on each model. When they return their outfit to you after the show, check for all pieces. This way you know who is accountable for what.
PRODUCTION
To get any show ready for the runway, you will need to solidify a venue to host the event, a runway or stage, lighting, music and of course, hair & makeup. Nightclubs, hotels, schools, and malls are popular fashion show venues. However creative spaces can be turned into runways. You may have a DJ to mix the music, a salon sponsoring the hair/makeup, and a multimedia screen on the runway with store logos. Whatever your technical details, make sure everything is tested and ready to go before the show.
SCRIPT
Write out the entire show in a script format. Whether you have an emcee speaking commentary on each outfit or music timed out for each individual scene, the model and fashion order is extremely important to have written down. This will make it much easier to call your show and follow along with the program.
VIP SPONSORS
On occasion, you may work with sponsors paying for the event who want additional publicity onsite. Hang their banners, giveaway promotional gift bags, and/or host a VIP reception for the sponsor's guests. If the sponsor is a restaurant or alcohol/beverage company, feature their product exclusively.
With thorough planning and creativity, a fashion show can be a huge success. And so much better than a boring movie!
Dressing For Success: What to Wear to the Office
NO you don’t have to wear the ordinary (or rather, boring) navy blue suit to every job interview advertising for a “Professional” candidate in the classifieds. Times have changed and so has office fashion. You can still show off your style while looking clean, polished and presentable in the workforce. Maintaining a personality with your clothes just may land you that dream job! The key to styling your career wardrobe is all in moderation. Keep these tips in mind while picking out your 9-5 attire…you work hard for a living, time to dress for even BIGGER success
DO a black two-piece. Dump the navy suit.A black pencil skirt looks great paired with a trendy blouse with or without a short jacket. It’s best to pick out individual pieces that can work together or separate. Black easily morphs from day to night so you can hit happy hour in style.
DO wear color. The office doesn’t have to be sterile without any color. Pair a brightly colored blouse with your outfit or sport a silk scarf. Even red heels can make your suit pop and be the conversation piece at the water fountain.
DO the DressThe fall trapeze and menswear-inspired dresses are tailored to look perfect in the office.
DO TGIFThank god its flats…flat shoes, that is. 3 inch heels are not necessary in the office all day. If you keep a basic ballet flat at your desk, you can slip into them throughout the day while maintaining your professional appearance.
DON’T fall victim to Office Fashion Faux Pas.I can’t stress enough – DON’T ever be caught in pantyhose and sneakers. NEVER wear jeans, t-shirts, or sloppy clothing. DON’T wear bangles or distractible jewelry and NEVER risk your job with an overly sexy outfit – that may lead you to the unemployment line…
DO a black two-piece. Dump the navy suit.A black pencil skirt looks great paired with a trendy blouse with or without a short jacket. It’s best to pick out individual pieces that can work together or separate. Black easily morphs from day to night so you can hit happy hour in style.
DO wear color. The office doesn’t have to be sterile without any color. Pair a brightly colored blouse with your outfit or sport a silk scarf. Even red heels can make your suit pop and be the conversation piece at the water fountain.
DO the DressThe fall trapeze and menswear-inspired dresses are tailored to look perfect in the office.
DO TGIFThank god its flats…flat shoes, that is. 3 inch heels are not necessary in the office all day. If you keep a basic ballet flat at your desk, you can slip into them throughout the day while maintaining your professional appearance.
DON’T fall victim to Office Fashion Faux Pas.I can’t stress enough – DON’T ever be caught in pantyhose and sneakers. NEVER wear jeans, t-shirts, or sloppy clothing. DON’T wear bangles or distractible jewelry and NEVER risk your job with an overly sexy outfit – that may lead you to the unemployment line…
10 Fashion Faux Pas
Fashion is an expression of who you are…but nobody wants be a “DON’T”. Follow these faux pas to stay on the “DO” list!1. DON’T wear nude pantyhose with open-toe shoes. Get a manicure and rock your shoes the way they were intended.2. DON’T assume society wants to see your midriff. Unless you are at a resort or in the gym, midriff shirts are a DON”T, regardless of how smokin’ your body may be.3. DON’T recreate Miami Vice fellas. We DON”T want to see your chest hair exposed in an overly unbuttoned shirt. 4. DON”T sport your children’s clothing. The Disney store is for kids. Let’s keep it that way. 5. DON’T rock a matching denim ensemble. Just because your jacket and jeans match doesn’t mean you should wear them together. 6. DON”T ever think pleated pants will make a comeback because they won’t. If your mom still wears them, burn ‘em for her. 7. DON’T ever wear a scrunchy in your hair. Like Carrie told Berger in Sex and the City, “No New York girl in her right mind would be caught dead wearing a scrunchy.” That goes for all of you!8. DON’T walk downtown in sneakers and a powersuit. While I realize women on the go have to be comfortable, it just looks ridiculous.9. DON’T try to hide behind the baggy look - it adds 10 pounds to your frame. You can achieve comfort with clothes that actually fit.10. DON’T fabric clash and mix leopard with zebra or brocade with corduroy. The textures of your clothes shouldn’t look like you just walked out of a fabric store and stapled your outfit together.
Pattern Makers Given Kudos
Think that pattern making sounds boring? Think again! In today's world of complex designs and high fashion, pattern making has become vital to a designer's success.
Pattern makers are responsible for translating a fashion designer's vision from paper to fabric. Often working with a mere drawing, the pattern maker transforms the image into the actual design. Oftentimes, designers sketch only the front of a design, leaving the rest of the design to the pattern maker. Many designers do not even know how to sew, and sometimes the sketches cannot actually be made. For instance, a particular type of fabric that the designer envisions may not be able to be cut or sewn to the designer's original image.
The pattern maker often works in conjunction with the designer to create the actual designs. From suits to dresses, the two must work together to ensure that the original vision is created in fabric. Often the original design is modified as the two work in conjunction to make the design a reality.
Most design schools offer courses in pattern making, but the number of people who specialize in the trade is dwindling.As designs become increasingly more complex, the role of a pattern maker becomes more important. And, with increased importance for pattern making, and a reduction in the number of specialists, an upward trend in wages and salary for the role should be expected.
If you are interested in fashion design and like to sew, pattern making might be the right choice for you. Success requires good knowledge of the human form, knowledge of numerous fabrics, and a strong ability to sew. It also requires a great deal of creativity and insight. Next to the actual designer, it is one of the most important and influential in a fashion house.
Still want to learn more about pattern makers? Read "Survival of the Fittest: As Styles Get Complex, Pattern Makers Shine" by Teri Agins on Sept. 9, 2004 in the Wall Street Journal.
Pattern makers are responsible for translating a fashion designer's vision from paper to fabric. Often working with a mere drawing, the pattern maker transforms the image into the actual design. Oftentimes, designers sketch only the front of a design, leaving the rest of the design to the pattern maker. Many designers do not even know how to sew, and sometimes the sketches cannot actually be made. For instance, a particular type of fabric that the designer envisions may not be able to be cut or sewn to the designer's original image.
The pattern maker often works in conjunction with the designer to create the actual designs. From suits to dresses, the two must work together to ensure that the original vision is created in fabric. Often the original design is modified as the two work in conjunction to make the design a reality.
Most design schools offer courses in pattern making, but the number of people who specialize in the trade is dwindling.As designs become increasingly more complex, the role of a pattern maker becomes more important. And, with increased importance for pattern making, and a reduction in the number of specialists, an upward trend in wages and salary for the role should be expected.
If you are interested in fashion design and like to sew, pattern making might be the right choice for you. Success requires good knowledge of the human form, knowledge of numerous fabrics, and a strong ability to sew. It also requires a great deal of creativity and insight. Next to the actual designer, it is one of the most important and influential in a fashion house.
Still want to learn more about pattern makers? Read "Survival of the Fittest: As Styles Get Complex, Pattern Makers Shine" by Teri Agins on Sept. 9, 2004 in the Wall Street Journal.
Film costume design, Learn costume design, Movie costume design
by Amalia McGibbon
Are you a huge movie buff with an interest in style? Have you ever thought about working in the movie business and dressing the stars in your own choice of clothes? The world of film costume design is an exciting and dynamic one. Imagine getting to work with movie executives and telling celebrities what they should wear. Movie costume design combines an interest in films with an interest in fashion. What could be better?
If you do some research into the Best Fashion Schools, you'll find that they offer classes on everything from fashion illustration to fashion design software. By enrolling in a degree program like the Fashion Design one at Brooks College, you will learn costume design and better prepare yourself for the world of film costume design. Watching lots and lots of movies helps, but only a formal education in the field can really give you the trained eye that you need.
If you enroll in the Fashion Marketing and Design program at American Intercontinental University, you will learn about the business side of fashion while honing your creative skills. Such a well-rounded education will most certainly give you a head start when it comes time to look for a job. And if you're not sure that the industry of movie costume design is for you, taking a few classes is a great way to find out.
If you don't feel you have the time to pursue a degree, don't worry! The beauty of online classes is that you take them when it's suitable for you! So if you want to learn costume design but you can't afford to quit your job, look no further then the online fashion schools. You'll get a great education at your own convenience!
Are you a huge movie buff with an interest in style? Have you ever thought about working in the movie business and dressing the stars in your own choice of clothes? The world of film costume design is an exciting and dynamic one. Imagine getting to work with movie executives and telling celebrities what they should wear. Movie costume design combines an interest in films with an interest in fashion. What could be better?
If you do some research into the Best Fashion Schools, you'll find that they offer classes on everything from fashion illustration to fashion design software. By enrolling in a degree program like the Fashion Design one at Brooks College, you will learn costume design and better prepare yourself for the world of film costume design. Watching lots and lots of movies helps, but only a formal education in the field can really give you the trained eye that you need.
If you enroll in the Fashion Marketing and Design program at American Intercontinental University, you will learn about the business side of fashion while honing your creative skills. Such a well-rounded education will most certainly give you a head start when it comes time to look for a job. And if you're not sure that the industry of movie costume design is for you, taking a few classes is a great way to find out.
If you don't feel you have the time to pursue a degree, don't worry! The beauty of online classes is that you take them when it's suitable for you! So if you want to learn costume design but you can't afford to quit your job, look no further then the online fashion schools. You'll get a great education at your own convenience!
FASHION DESIGN FEATURE ARTICLES
Fashion-schools.org features articles on different topics related to fashion schools, fashion careers, and fashion news. We strive to delivery newsworthy information that can help you make a decision about your career in the fashion industry. Read about the latest fashion trends, famous fashion designers, hot career options in fashion, and more. Let us know if you have an idea for a news topic!
Fashion-schools.org features articles on different topics related to fashion schools, fashion careers, and fashion news. We strive to deliver newsworthy information that can help you make a decision about your career in the fashion industry. Read about the latest fashion trends, famous fashion designers, hot career options in fashion, and more. Let us know if you have an idea for a news topic!
Fashion-schools.org features articles on different topics related to fashion schools, fashion careers, and fashion news. We strive to deliver newsworthy information that can help you make a decision about your career in the fashion industry. Read about the latest fashion trends, famous fashion designers, hot career options in fashion, and more. Let us know if you have an idea for a news topic!
FASHION DEGREES
There are numerous fashion degree programs available for someone interested in pursuing a fashion career. Whether you are interested in fashion design, fashion merchandising, or the business side of fashion, there are many degrees that provide the building blocks you need to succeed in your fashion career. Specialization and additional education are options fashion professionals should always consider.
An associate's or bachelor's degree in Fashion Design is a great stepping stone to a number of careers in fashion. Fashion design students complete coursework in a variety of subjects including the following:
fashion and textile vocabulary and terminology
consumer trends and behavior
hand drawing
computer-aided design (CAD)
pattern drafting and manufacturing
fashion show production and promotion
sewing and tailoring
human anatomy
fashion and art history and trends
balancing of colors, proportions, textiles, and moods
Most fashion programs are staffed by industry professionals in design, marketing, and merchandising. They also often have guest instructors from major fashion design houses.
Degrees in Fashion Marketing and/or Fashion Merchandising focus primarily on the business side of the fashion industry. Graduates of fashion merchandising programs may qualify for positions as visual merchandisers and/or display artists, retail store managers, fashion buyers, stylists, showroom sales reps, or fashion editors, among many others. Students are educated in the following topics:
reading consumer trends
understanding consumer market segments
business fundamentals
marketing and merchandising techniques
teamwork and collaboration
social, environmental, and economic influences on the global fashion industry
Many fashion schools offer specialized courses of study in areas such as art and design technology, visual merchandising, retail management, and others. No matter which fashion study program you choose, you can receive a broad education that combines both the creative and technical sides of the style industry to prepare you for the challenges of the ever-changing, fast-paced world of fashion and design. You may even be able to take advantage of internship opportunities with established design firms or retail enterprises, allowing you to get a jump start on your fashion portfolio.
An associate's or bachelor's degree in Fashion Design is a great stepping stone to a number of careers in fashion. Fashion design students complete coursework in a variety of subjects including the following:
fashion and textile vocabulary and terminology
consumer trends and behavior
hand drawing
computer-aided design (CAD)
pattern drafting and manufacturing
fashion show production and promotion
sewing and tailoring
human anatomy
fashion and art history and trends
balancing of colors, proportions, textiles, and moods
Most fashion programs are staffed by industry professionals in design, marketing, and merchandising. They also often have guest instructors from major fashion design houses.
Degrees in Fashion Marketing and/or Fashion Merchandising focus primarily on the business side of the fashion industry. Graduates of fashion merchandising programs may qualify for positions as visual merchandisers and/or display artists, retail store managers, fashion buyers, stylists, showroom sales reps, or fashion editors, among many others. Students are educated in the following topics:
reading consumer trends
understanding consumer market segments
business fundamentals
marketing and merchandising techniques
teamwork and collaboration
social, environmental, and economic influences on the global fashion industry
Many fashion schools offer specialized courses of study in areas such as art and design technology, visual merchandising, retail management, and others. No matter which fashion study program you choose, you can receive a broad education that combines both the creative and technical sides of the style industry to prepare you for the challenges of the ever-changing, fast-paced world of fashion and design. You may even be able to take advantage of internship opportunities with established design firms or retail enterprises, allowing you to get a jump start on your fashion portfolio.
FASHION CAREERS
Do you have an eye for style? Do you have the drive and desire to turn it into a profitable and rewarding career? A fashion career may be the right path for you!
A degree in Fashion Design or Fashion Merchandising can get your foot in the door of one of the many fabulous career opportunities in the rapidly growing fashion industry. Read on to see what fashion careers are available to you!
Are you in the know about the current fashion trends? Do you have an eye for style? Do you have the drive and desire to turn your passion into a profitable and rewarding career? A career in the fashion industry may be the right path for you!
As with any career, the best way to start a new career on the right foot is to get an education. A degree in Fashion Design or Fashion Merchandising can get your foot in the door of one of the many fabulous career opportunities in the rapidly growing fashion industry. Whether you are interested in fashion design production, marketing and merchandising, fashion media and promotions, or any other type of fashion career, a degree will help you learn the skills necessary to bloom in the fashion industry. Read on to see what fashion careers are
A degree in Fashion Design or Fashion Merchandising can get your foot in the door of one of the many fabulous career opportunities in the rapidly growing fashion industry. Read on to see what fashion careers are available to you!
Are you in the know about the current fashion trends? Do you have an eye for style? Do you have the drive and desire to turn your passion into a profitable and rewarding career? A career in the fashion industry may be the right path for you!
As with any career, the best way to start a new career on the right foot is to get an education. A degree in Fashion Design or Fashion Merchandising can get your foot in the door of one of the many fabulous career opportunities in the rapidly growing fashion industry. Whether you are interested in fashion design production, marketing and merchandising, fashion media and promotions, or any other type of fashion career, a degree will help you learn the skills necessary to bloom in the fashion industry. Read on to see what fashion careers are
Fashion Schools
Many job opportunities await professionals in the world of fashion design, and the schools listed on this site provide the training you need to advance in your fashion career. Whether you are interested in clothing design, fashion marketing, fashion merchandising, or fashion in general, any of the schools listed below will have what you need.
The fashion design schools listed below can provide you with the skills and experience you require for your new fashion career. Here are a few details about some of our featured schools:
Brooks College in Long Beach and Sunnyvale, California, offers Associate of Arts degrees in Fashion Design and Fashion Merchandising. The school's intensive 18-month degree programs are taught by fashion industry professionals - including designers, merchandisers, and marketers. Coursework may include fashion illustration, consumer trends and behaviors, fashion design software, and key business skills, among other creative and business classes.
Fashion students at Westwood College's Denver campus and four California campuses can earn an Associate's degree in just 20 months and a Bachelor's degree in Fashion Merchandising in as little as three years. Fashion courses are available year-round, with daytime, evening, and weekend classes to accommodate any schedule. Fashion merchandising classes include Trend Forecasting, Fashion Product Development, and Portfolio Review. Graduates of the fashion program may be eligible for Alumni Retraining, which allows Westwood graduates to audit classes to keep up with advances in the fashion industry.
At any of the eight nationwide campuses of the International Academy of Design and Technology (IADT), students receive hands-on training from industry experts in fashion illustration, merchandising, production techniques, clothing construction, and other design and marketing specialties. Available courses of study include an Associate of Applied Science or Bachelor of Fine Arts degree in Fashion Design or Fashion Merchandising. The fashion curriculum may vary from campus to campus, but IADT trains students on current industry technology and equipment, so they will be well-prepared to enter the fashion world upon graduation.
Many of the fashion programs listed below - including Brooks, Westwood, and IADT - offer career planning services, portfolio help, and assistance in obtaining financial aid. Ask about these and other benefits when selecting the right fashion school for you. Start a career in fashion now.
The fashion design schools listed below can provide you with the skills and experience you require for your new fashion career. Here are a few details about some of our featured schools:
Brooks College in Long Beach and Sunnyvale, California, offers Associate of Arts degrees in Fashion Design and Fashion Merchandising. The school's intensive 18-month degree programs are taught by fashion industry professionals - including designers, merchandisers, and marketers. Coursework may include fashion illustration, consumer trends and behaviors, fashion design software, and key business skills, among other creative and business classes.
Fashion students at Westwood College's Denver campus and four California campuses can earn an Associate's degree in just 20 months and a Bachelor's degree in Fashion Merchandising in as little as three years. Fashion courses are available year-round, with daytime, evening, and weekend classes to accommodate any schedule. Fashion merchandising classes include Trend Forecasting, Fashion Product Development, and Portfolio Review. Graduates of the fashion program may be eligible for Alumni Retraining, which allows Westwood graduates to audit classes to keep up with advances in the fashion industry.
At any of the eight nationwide campuses of the International Academy of Design and Technology (IADT), students receive hands-on training from industry experts in fashion illustration, merchandising, production techniques, clothing construction, and other design and marketing specialties. Available courses of study include an Associate of Applied Science or Bachelor of Fine Arts degree in Fashion Design or Fashion Merchandising. The fashion curriculum may vary from campus to campus, but IADT trains students on current industry technology and equipment, so they will be well-prepared to enter the fashion world upon graduation.
Many of the fashion programs listed below - including Brooks, Westwood, and IADT - offer career planning services, portfolio help, and assistance in obtaining financial aid. Ask about these and other benefits when selecting the right fashion school for you. Start a career in fashion now.
Tuesday, March 10, 2009
Useful & Useable Solutions........
"DMA focuses on the fashion industry with over 25 years of experience. We understand the industry’s issues and listen closely to understand your needs. We partner with best of breed companies to deliver software and services that help Design, Sales, Marketing and Production departments increase their efficiency and grow their DMA focuses on the fashion industry with over 25 years of experience. We understand the industry’s issues and listen closely to understand your needs. We partner with best of breed companies to deliver software and services that help Design, Sales, Marketing and Production departments increase their efficiency and grow their business".
Selvedge Magazine...
Selvedge Magazine... offers the world's finest textile photography, unparalleled design and peerless writing
Open a copy of Selvedge and you sense there is a philosophy that Selvedge readers subscribe to. A belief system based on a cerebral and sensual addiction to textiles in all forms. Readers share a belief in the importance of their material surroundings and a passion for the beautiful and beautifully made. Our aim is simple: to provide a textile publication which fits seamlessly into their creative lifestyle. Directed towards an international, discerning audience, Selvedge covers fine textiles in every context: fine art, interiors, fashion, travel and shopping.
Open a copy of Selvedge and you sense there is a philosophy that Selvedge readers subscribe to. A belief system based on a cerebral and sensual addiction to textiles in all forms. Readers share a belief in the importance of their material surroundings and a passion for the beautiful and beautifully made. Our aim is simple: to provide a textile publication which fits seamlessly into their creative lifestyle. Directed towards an international, discerning audience, Selvedge covers fine textiles in every context: fine art, interiors, fashion, travel and shopping.
Adobe photoshop for textile design
Adobe PhotoShop is the foremost design tool on the market today. Just about any CAD technique that can be achieved for textile design can be executed better and more efficiently by using Adobe PhotoShop. This book was written to give textile and fashion designers the necessary CAD tools to function in the textile and fashion industries today by using this incredible tool.
This book was created as a textile design tutorial. It will show you step by step techniques for creating color combinations, color reduction, repeats, tonal (watercolor) designs and simple woven effects for textile design using Adobe Photoshop. With the book we are including a CD ROM with Color charts and practice images.
Everything in this book is explained in a simple uniform manner so that nothing is overwhelming to the beginner and so that the more advanced PhotoShop user can grasp key concepts more quickly.
This book was created as a textile design tutorial. It will show you step by step techniques for creating color combinations, color reduction, repeats, tonal (watercolor) designs and simple woven effects for textile design using Adobe Photoshop. With the book we are including a CD ROM with Color charts and practice images.
Everything in this book is explained in a simple uniform manner so that nothing is overwhelming to the beginner and so that the more advanced PhotoShop user can grasp key concepts more quickly.
Fashion & Textile links
We hope that this listing of Fashion & Textile links comes in handy for you. We created this list to benefit freelance artists, fashion designers and small design studios in the Fashion & textile designing
www.fashiontextilelinks.com
www.fashiontextilelinks.com
Careers Education in Textile Designing
Career education is concerned with the development of knowledge, skills and attitudes through a planned program, which:
· assists students make informed decisions about their study for work options;
· and enables effective participation in working life.
Career education programs are part of the school curriculum and are supported by the school careers adviser.
The School to Work Program
Our School to Work Program helps students to manage their transition from school to further education, training and employment.
This program consists of:
· The School to Work Planning Initiative
· Work Education
· Workplace Learning Support
· Industry-specific career information
· Professional development support for careers advisers
· assists students make informed decisions about their study for work options;
· and enables effective participation in working life.
Career education programs are part of the school curriculum and are supported by the school careers adviser.
The School to Work Program
Our School to Work Program helps students to manage their transition from school to further education, training and employment.
This program consists of:
· The School to Work Planning Initiative
· Work Education
· Workplace Learning Support
· Industry-specific career information
· Professional development support for careers advisers
Thursday, March 5, 2009
Development of design
A textile designer has to deal with a great range of duties and responsibilities.
A textile designer is generally responsible for the following activities.
General work performed by textile designers :
Attracting clients by proper planning and presentation
Briefing the initial ideas and concepts to clients
Analysis and research works
Development of design
Commercial aspects of finished product
Textile designers primarily fall into two basic categories.
They either work for design agencies, manufacturer or retailers or they work as Freelancers.
A textile designer needs the following skills and qualities .
• A basic understanding of color, texture and pattern
• Creativity and artistic sense
• Adequate knowledge of various techniques and characteristics of different textile materials
• Knowledge of recent market trends
• Ability to work in a team
• Good communication skills
• Knowledge of relevant softwares used intextile designing
• Marketing, financial and administrative skills in case of freelancers
To create innovative and a wide variety of designs, textile designers usually works in knit, print or weave.
There are two basic fields in textile designing .
• Interiors ( home furnishing )
• Fabrics for garments and accessories
Specialized works performed by textile designers are categorically listed below .
• Creating sample design set
• Liaising with clients to plan and develop designs
• Proper interpretation and representation of clients' ideas
• Creating sketches and designs for presentation to the clients
• Proper assessment of finished products
• Utilizing specialized computer aided design software (CAD) to create a great variety of designs
• Color, fabric and texture experimentation
• Possessing updated knowledge of new developments in the field of designing and production techniques
• Creating innovative design concepts
• Maintaining deadlines
• Attending trade shows regularly
• Getting updated with contemporary fashion trends in textile designing
• Developing and maintaining a network of business contacts
A textile designer is generally responsible for the following activities.
General work performed by textile designers :
Attracting clients by proper planning and presentation
Briefing the initial ideas and concepts to clients
Analysis and research works
Development of design
Commercial aspects of finished product
Textile designers primarily fall into two basic categories.
They either work for design agencies, manufacturer or retailers or they work as Freelancers.
A textile designer needs the following skills and qualities .
• A basic understanding of color, texture and pattern
• Creativity and artistic sense
• Adequate knowledge of various techniques and characteristics of different textile materials
• Knowledge of recent market trends
• Ability to work in a team
• Good communication skills
• Knowledge of relevant softwares used intextile designing
• Marketing, financial and administrative skills in case of freelancers
To create innovative and a wide variety of designs, textile designers usually works in knit, print or weave.
There are two basic fields in textile designing .
• Interiors ( home furnishing )
• Fabrics for garments and accessories
Specialized works performed by textile designers are categorically listed below .
• Creating sample design set
• Liaising with clients to plan and develop designs
• Proper interpretation and representation of clients' ideas
• Creating sketches and designs for presentation to the clients
• Proper assessment of finished products
• Utilizing specialized computer aided design software (CAD) to create a great variety of designs
• Color, fabric and texture experimentation
• Possessing updated knowledge of new developments in the field of designing and production techniques
• Creating innovative design concepts
• Maintaining deadlines
• Attending trade shows regularly
• Getting updated with contemporary fashion trends in textile designing
• Developing and maintaining a network of business contacts
Theme Title - LUSH LIFE
Meaning: The sense of competition today is highest. It is because everyone wants to achieve a certain level of living, which comes in the highest standard. This theme depicts a form of life led by only a few who have both, a well-earned highest standard of living as well as the taste for that kind of a living in addition of always being at ease. Lush life symbolizes the social standard of those people who are top runners, quiet confident, luxuriant and having a good taste in everything. That taste is reflected in everything around them, related to them. Those who lead a Lush Life are always ahead of time and handle things beautifully.Our inspiration for Lush Life will be to create motifs and patterns, which are abundant in design and give a true feeling of being on the top of things.Keywords: 1) Gold. 2) Blossoming. 3) Abundance. 4) Geometric. 5) Bold.Design Strategy: Bold and geometric with a complete merge between oval, geometric and floral shapes. Focus is on the motif more than anything else.Color Strategy: We will be using rich and tasty colors to depict this theme. The colors will be flourishing and thriving in nature depicting rich growth
Textile Designing in its most unique and decoratively patterned
Textile Designing in its most unique and decoratively patterned form. WE design specially for Jacquard, Damask, Applique, Aubusson, Chintz, Crettone, Brocade, Ikat, Kashmiri, Tapestry, Dobby and more. We design specially for Home Furnishings Upholstery Fabrics and Feminine Clothing. Since the contents are somewhat big in size we ask you to have a slight better than usual internet connection. Repeats of the designs shown over here may not depict the actual size of the designs. They are specifically scaled down for size to provide you with a full view of all designs. All designs have been provided with a "REPEAT VIEW" tool, showing exact repeats. At present we have around 3000 original designs at your disposal, where in we have maintained Innovation, Creativity, Substance and Aesthetics. Our designs are ready for automated production in the TEXTILE MANUFACTURING UNITS, applicable for both Weaving and Printing techniques. We are a dedicated designing house. Through this site we hope to catch your attention. Some of our designs are displayed on this site as samples. Please feel free to contact us all year round, 24*7. We hope that you will want to have a fruitfull relationship with us in which we guarantee you will not be disappointed, neither financially nor by the quality of our designs or by its uniqeness. If you are interested in a particular design on display here, please convey us the number attached with it. Its our guarantee that these designs have "never been printed or woven".
:::::: Textiles Designing :::::
Advance Automation was established some ten years ago to deal in computers, computer accessories and to provide for after sale maintenance services. By passage of time keeping in view the needs at Faisalabad, A. A. developed specialization in the field of
* Textile Design & Training. * FABRIC SIMULATION * TEXTILES VISULIZATION * STRIKE- OFF * COLOUR WAYS * DESIGN STUDIO * TRAINING FACILITIES
* Textile Design & Training. * FABRIC SIMULATION * TEXTILES VISULIZATION * STRIKE- OFF * COLOUR WAYS * DESIGN STUDIO * TRAINING FACILITIES
Cameron Diaz: Hot
The smug smile on Cameron Diaz' face tells everyone she knows she's looking hot - and isn't afraid to show it. The Charlies Angels star looks fab in skinny jeans and knee high boots. VERDICT: HOT
Louisa Lytton: Hot
Ex-Eastender girl Louisa Lytton has still got the wide-eyed girl look about her, and carries off this little peach number perfectly. VERDICT: HOT
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