"Fx Money Lab Private Limited"

"Fx Money Lab Private Limited" FX MONEY LAB PRIVATE LIMITED. Forex investing can be used for diversification of investment portfolio of any investor.

Fx Money Lab offer their investor regular monthly income as well as provide long-term capital growth with managed forex accounts that utilize a time tested trading system and stringent money management which is completely unique & specific. is a company formed under the Indian Companies Act 1956 and a leading global provider of online Forex managed fund trading services from 2008.providing Forex m

anaged fund services to Indian institutional and retail customers. Individual Indian traders, fund managers and institutional customers can now benefit from FX MONEY LAB global expertise and innovative technology, combined with quality execution from its highly professional team. Forex Managed Account is the online managed account service which is specializing in managing the assets of clients on Forex Market. Investing into Forex market has become an alternative tool for modern investors who are looking to expand their activity from the traditional investment opportunities like stock market, mutual funds and bonds. Forex managed accounts service from FX Money Lab allows any investor to participate in Forex trading and save time on doing the routine trading job. You do not need to trade yourself, track the news and digest different sources of financial information. Moreover, you cannot do that properly, if you do not have special education and vast experience. The solution is to hire a trader to do this routine......

25/03/2015

8 Powerful Questions That Will Change Your Life

Take a look at the questions below and start to make powerful changes in your life:

1.Imagine your life one year from now. If it's the same as it is right now, will you be okay with that?

This question is designed to get you to think about what you're doing now and how you'd like life to be. It puts your current life smack dab in your face and asks you to consider if it is what you want life to be like one year from now. If not, then the question can be a catalyst to change.

2.What are your strengths and what are you good at?

So often when people are anxious, depressed, dealing with relationship issues, or going through a life transition, their thoughts linger on what isn't right, their faults, and perceived weaknesses. Redirecting your attention to what you're good at and your strengths is a powerful step to bring about change.

3.What is truly important to you and what do you value?

Before knowing what you want from your career or relationship, you have to know what you deem to be of great importance and value. For example, in a relationship, one might value good communication, honesty, and shared passions.

4.What are your goals?

Similar to the question above, one must know what they want to accomplish before they can take steps to change. Knowing where you want to go will tell you where to step.

5.What can I control?

Frequently people who worry and who are highly anxious think about things that are way beyond their control. For example, they might check the weather forecast obsessively if they have to go out. Will checking it change the weather? Probably not. Can we really control the weather? No, but we can control how we might dress if it is raining. By directing energy towards what is within our control we'll get to a solution more quickly than if that energy is exerted on things beyond our control.

6.Ask yourself: what's an alternative explanation?

People often jump to erroneous conclusions. They explain away things without any evidence or support for their thoughts. For instance, if your spouse comes home from work at the end of the day and is in a bad mood, rather than personalizing it and thinking that he/she is mad at you, consider alternatives: he had a bad day at work; he isn't feeling well, he is tired. The simple act of not personalizing, but rather, exploring other explanations can help to prevent a lot of anxiety.

7.Suppose I do, then what?

This is a powerful question to ask yourself if you're trying to eliminate an unhealthy behavior. I'll often pose this question to patients who are trying to get past an ex and obsessively check that person's page or other social media. They realize there is no positive outcome from checking. Another example -- someone who might reach for junk food to deal with stress. The question might trigger them to realize how unhealthy the behavior is and lead to exploring more healthy ways of managing stress.

8.If I gave you a million dollars, could you figure out a way to make a change?

Money remains a huge motivator for people and can lead people to dig in deep and think about how they may come up with solutions. Remember when you were younger and your parents offered you a few dollars if you washed the car or did some chores? Without the incentive you probably wouldn't have done it. Well the hypothetical million dollar offer works the same way (of course it's never paid out). It does though trigger a line of thinking that can be productive.
So, next time you feel stumped, stuck, or unsure where to go, ask yourself these powerful questions that will serve as an impetus to change.

18/02/2015

USD/RUB was near 70 when this thread was started. They said it would go to 100. Now its near 60. Not bad for a newly minted reserve currency.

16/02/2015

if you see eurusd 1.1333 buy buy buy

17/11/2014

How to become a millionaire: Here are the 10 steps

1. Follow the money. In today's economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that.

My income was $3,000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.

2. Don't show off. Show up! I didn't buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I was still driving a Toyota Camry when I had become a millionaire. Be known for your work ethic, not the trinkets that you buy.

3. Save to invest, don't save to save. The only reason to save money is to invest it. Put your saved money into secured, sacred (untouchable) accounts. Never use these accounts for anything, not even an emergency. This will force you to continue to follow step one (increase income). To this day, at least twice a year, I am broke because I always invest my surpluses into ventures I cannot access.

4. Avoid debt that doesn't pay you. Make it a rule that you never use debt that won't make you money. I borrowed money for a car only because I knew it could increase my income. Rich people use debt to leverage investments and grow cash flows. Poor people use debt to buy things that make rich people richer.

5. Treat money like a jealous lover. Millions wish for financial freedom, but only those that make it a priority have millions. To get rich and stay rich you will have to make it a priority. Money is like a jealous lover. Ignore it and it will ignore you, or worse, it will leave you for someone who makes it a priority.

6. Money doesn't sleep. Money doesn't know about clocks, schedules, or holidays, and you shouldn't either. Money loves people that have a great work ethic. When I was 26 years old, I was in retail and the store I worked at closed at 7 pm. Most times you could find me there at 11 pm making an extra sale. Never try to be the smartest or luckiest person — just make sure you outwork everyone.

7. Poor makes no sense. I have been poor, and it sucks. I have had just enough and that sucks almost as bad. Eliminate any and all ideas that being poor is somehow OK. Bill Gates has said, "If you're born poor, it's not your mistake. But if you die poor, it is your mistake."

8. Get a millionaire mentor. Most of us were brought up middle class or poor and then hold ourselves to the limits and ideas of that group. I have been studying millionaires to duplicate what they did. Get your own personal millionaire mentor and study them. Most rich people are extremely generous with their knowledge and their resources.

9. Get your money to do the heavy lifting. Investing is the Holy Grail in becoming a millionaire and you should make more money off your investments than your work. If you don't have surplus money you won't make investments. The second company I started required a $50,000 investment. That company has paid me back that $50,000 every month for the last 10 years.

My third investment was in real estate, where I started with $350,000, a large part of my net worth at the time. I still own that property today and it continues to provide me with income. Investing is the only reason to do the other steps, and your money must work for you and do your heavy lifting.

10. Shoot for $10 million, not $1 million. The single biggest financial mistake I've made was not thinking big enough. I encourage you to go for more than a million. There is no shortage of money on this planet, only a shortage of people thinking big enough.

Apply these 10 steps and they will make you rich. Steer clear of people that suggest your financial dreams are born of greed. Avoid get-rich-quick schemes, be ethical, never give up, and once you make it, be willing to help others get there too.

26/10/2014

Are You Ready to be a Full-Time Forex Trader?

Passion, in its most basic sense, is defined as a strong feeling about a person, thing, or undertaking. It refers to the intense emotion that usually compels you to reach for your goals. As cheesy as this may sound, passion will play a very crucial role in your trading endeavor. How?

For some people who don’t have the passion for it, quitting will become a very welcome thought. On the contrary, those who have their heart in trading will see drawdowns as nothing more than just minor road bumps.

Being serious and passionate about trading is the healthier and more sustainable fire that will help you stick to your decision of going full-time. Despite stacks of losses, you will still trade because you want to. You won’t let your emotions get in the way of you fulfilling your mission of becoming a consistently profitable trader. You will understand that you still need to do what you have to do: update your trading journal, come up with a sensible trading plan, and just suck it up.

You don’t just trade because you know that if you don’t, you won’t have a day job to go back to, you could lose your house, or you may not be able to pay for your kid’s tuition.

So before you take the plunge into full-time forex trading, let me remind you to ask yourself these questions: Do you really want to be a forex trader? How bad do you want to achieve your trading goals? Are you really passionate about trading?

Remember that being passionate does not necessarily mean that you feel intensely positive and eager about achieving your desires. Some say that passion is like an unconditional “yes” to a particular endeavor, no matter how challenging it may get.

If forex trading doesn’t merit an unconditional “yes” for you for now, don’t worry! Passion is not an immediate emotion but rather one that can be developed and that needs to be constantly strengthened. If you feel that you’re not quite there yet, you can still keep learning or practicing on demo to figure out if forex trading is really for you.

23/10/2014

DAMAGE CONTROL...............
Have you ever entered a trade wherein you thought that you have prepared for every scenario only to be blindsided by an unforeseen event? If you have, then you, my friend, have been ambushed by the markets!

Don’t worry! Even the most experienced and seasoned forex traders occasionally freeze when faced with unforeseen events, too. In fact, getting “ambushed” by the markets is almost an everyday occurrence. What separates a winner from a loser though, is how a trader reacts to those unforeseen events.

Studying past price action and forex chart patterns can only go so far in preparing you for surprises. When faced with an event that you haven’t encountered before or didn’t expect, it’s important that you think quick on your feet and make calculated decisions especially when real money is on the line.

You certainly won’t train your mind to react to fear and shock if you just look at the charts. It’s like saying that you can cook a dish just because you read the recipe! In order for you to get used to responding to unexpected events, you first expect them.

Martial arts students usually do well in punching, kicking, and blocking drills while in class. Faced with an actual attack, however, many of the students freeze and are unable to react accordingly. As a result, some still get hurt despite their knowledge of self-defense.

forex market surpriseUnforeseen events could happen just as easily in trading. Let’s say you have entered your orders just before an economic report is released. Suddenly, the report is leaked a few minutes earlier and forex price action goes crazy enough to trigger your orders. Since you didn’t foresee and plan for this scenario, you don’t know how to react and you have no idea how to manage your trade.

If there’s anything common in these two examples, it’s the fact that fear tends to disrupt one’s normal decision-making process. In both instances, the elements of surprise, speed, and violence were present and crippled proper judgment and planning.

As my favorite trading psychologist Dr. Brett Steenbarger mentioned in his book Enhancing Trader Performance, “What we do not envision, we cannot prepare for.” If you don’t take the possibility of market surprises into consideration when training or planning for a trade, you might just end up having a mental block and freezing when one takes place.

Of course it’s not possible to predict every single forex market scenario and determine how you’ll act in each case, but it wouldn’t hurt to try your best to do so. Aside from that, U.S. fighter pilot and military strategist John R. Boyd suggests operating inside the mindset of your adversary by using the OODA (observation, orientation, decision, action) approach. You can apply this to trading by trying to figure out how mobs of traders could react to what’s going on before determining your next course of action.

At the end of the day, it’s all about damage control. Sure, the market came up with something that could potentially screw your trade but always ALWAYS think about how you can manage your risk. If you are unable to pinpoint what’s currently driving the markets, just cut your losses or jump ship instead of crossing your fingers and hoping that the trade will still go your way.

17/10/2014

Buy USDJPY at 105.50 if it comes for a target of 110.5.............500 pips just like that!!!!

14/10/2014

3 Steps to Make it Big in the Forex Market

1. Recognize your fears
The first step, like with all problems, is to recognize and accept that the fear is indeed there. Being defensive or in denial will do you no good, as you’ll ignore the problem. At the end of the day, you will merely end up repeating the same mistakes over and over again.

2. Treat trading as a business
After you accept the fear, you have to learn how to be objective about forex trading and treat it as the serious business that it is. Some months, you may be on a roll and the money will just keep pouring in. Other months however, you may get in a rut and come out with a net loss. You have to accept that this is normal and just the cost of doing business.

3. Stick to what works for you
Next, get back to the basics. Look through your forex trading journal and see what was working for you and what didn’t. Continue to do what was working and change the things that weren’t.

Of course you will never completely eliminate your mistakes, but limiting them and sticking to what initially made you successful will go a long way in helping you cast away the fear.

12/10/2014

Forex in Focus - Raghee Horner 9/29/2014 Register to attend Forex in Focus weekly live webcast: http://goo.gl/7KzUXv

08/10/2014

Pending order should be placed as signal arrives (at "From" time). "Till" time is intended to forced exit. Any open trade is "Filled" when "Till" time is about to be reached. Any pending order is "Cancelled" when "Till" time is about to be reached. Use trailing-stop to maximize profit.

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