well m doing forex trading with fxcm and i have earned gud profits about $200 and i want to withdraw through bank wire …directly to my local bank account so is it legal, can i do this is it legal ?
As long you pay taxes for the profit it is legal , you may also sign up at below trading forex online website.
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Todays set ups and updated technical analysis on the Forex Currency pairs for trading opportunities.
Duration : 0:8:15
http://www.StartTradingFX.com, online training program to introduce investors to the foreign exchange (forex) market. Includes tutorials, research charting & trading software and resources for learning forex.
Duration : 0:10:37
http://tinyurl.com/66bld7 Forex Autopilot – Robots Trading The Forex Market.
Warning! You’re about to uncover a new, never-before- released program that makes me $100,000+ Per Year — working from my kitchen table. This breakthrough is proven. You could be earning truckloads of money within hours…Everyday — Have I got your attention? Read on…
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Duration : 0:2:6
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The Wallet Doctor http://www.WalletDoctor.com cuts through the bull in Futures, Forex, and Options. Join his Fun In The Sun Investment Club in Puerto Rico at http://www.caribbeaninvestmentclub.com
Duration : 0:6:6
This is one of my forex trading signals videos where I share my forex trading system by forecasting which forex news events are coming up next and how to trade them.
Duration : 0:9:10
When will gold go up again? Wiz says wait til trend rises b4 buyin. If taxes rise to repay the hr 3221 bailout bill gold may hold.
Shares of American International Group Inc. (AIG) and Lehman Brothers Holdings Inc. (LEH) continued to fall in late trading Friday amid concerns about AIG’s ability to raise capital and increasing pessimism about major plans both companies are expected to announce in the near term.
The cost of credit protection also grew higher for both firms, with AIG’s credit-default swaps becoming even weaker than Lehman’s.
AIG’s need for capital comes as billions of dollars in losses from its huge portfolio of securities backed by subprime mortgages appear likely to generate more losses in the third quarter. The company’s mortgage insurance and lending businesses also are likely to continue suffering in the current climate.
New Chief Executive Robert Willumstad is set to announce a strategic plan later this month, but the markets aren’t in a mood to wait. With each day and drop in share price, the insurance titan’s options are narrowing.
Shares of AIG closed trading down 31% to $12.14 after Thursday’s roller-coaster session when the stock fell as much as 21%. Shares are down about 46% this week and, coupled with the rising cost of insuring against default, indicate the market is telling Willumstad he needs to dismantle the firm. In recent late trading AIG shares are down to $11.86.
If he fails to act and AIG’s stock continues falling, AIG could face a ratings downgrade that would force it to post at least $10 billion more in collateral with counterparties. That could prompt a further capital call.
Shareholders feel selling units and simplifying the company’s structure could help AIG forestall such an outcome.
Meanwhile, investors continue to worry about the fate of Lehman. Its stock closed down 14% to $3.65 after earlier Friday hitting an all-time intraday low of $3.17. Shares skirted the all-time split-adjusted closing low of $3.47 set in December 1994, shortly after the company’s initial public offering. In late trading shares are down to $3.45.
The stock had a particularly volatile morning amid reports the ailing investment bank has been shopping itself to potential buyers and was in talks to get help from the government.
Lehman’s stock was up nearly 20% at one point in the premarket session, a day after the brokerage’s heaviest trading day yet drove shares down 42%. Shareholders had been anxious for Lehman to confirm reports that it might soon be sold, possibly with U.S. government aid. But as the clock ticked and Lehman failed to announce anything, investors grew increasingly disappointed.
In addition, The Wall Street Journal – citing people familiar with the matter – reported Lehman won’t get special funding from the government beyond the liquidity facilities it already has in place. The newspaper reported that Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke don’t see a need to structure a Bear Stearns-like rescue, in large part because Lehman has access to the Fed’s discount window and can borrow money to roll over its short term debt.
That may affect the likelihood of a deal to sell Lehman, as prospective buyers – which could include Bank of America Corp. (BAC) and Barclays PLC (BCS) – were thought to likely want the U.S. government to help shield them from future losses from any such transaction. In March, when Bear Stearns Cos. was forced into a deal to be acquired by JPMorgan Chase & Co. (JPM), the federal government agreed to absorb as much as $29 billion in potential losses.
AIG’s credit-default swaps were recently at 7.64 percentage points, up 14% from Thursday’s close and meaning it costs $764,000 to insure $10 million in AIG bonds. Lehman’s CDS were recently at 6.95 to 7.25 percentage points; the privately traded contracts had been at 5.35 to 5.65 earlier in the morning. Swaps for Merrill Lynch & Co. (MER) worsened substantially, jumping to 4.52 points from Thursday’s close at 3.67.
Resolving the mess at Lehman could help stem a wave of pessimism that the U.S. financial system faces the prospect of much deeper turmoil because of bad loans and the weak economy.
Financials have been falling all week, though Merrill and Washington Mutual Inc. (WM) posted somewhat smaller declines. Merrill, which saw its shares slide 27% the first four days of the week as peer Lehman’s troubles worried investors, closed trading down 12% to $17.05.
WaMu closed down 3.5% to $2.73, though it had earlier been down as much as 11% amid volatile trading after the firm late Thursday rushed out some details about its third-quarter results in hopes of ending its stock price’s 34% slide this week. In late trading shares are up to $2.75.
Duration : 0:3:6
Trading professional Bill Poulos explains how to identify trending forex pairs using the ADX. For more information, visit http://www.ForexAccelerator.com
Duration : 0:9:9
http://ForexAutopilotSystem.org
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Duration : 0:2:35