Expatriate Forums in Cyprus

I want to Sell this car from Singapore

andrew0081 — Mon Aug 24, 2009 5:07 am

Author: andrew0081

Posted: Mon Aug 24, 2009 5:07 am

HI ALL,
Commercial World(Singapore)
Singapore Used Car Exporter
I WANT TO SELL THIS CAR JUST NOW.... PLEASE CHECK
PRICE USD$ 4500 (FOB)
Stock No. : APD2017
Brand/Make : HONDA
Model : CIVIC 1.6M (4DR)
Engine No. : -
Chassis Nos. : -
Engine Capacity (cc) : 01590CC
Mileage (km) : -
Transmission : MANUAL
Manufacture Year : -
Registration Date : -
Unladen Weight : -
Max. Laden Weight : -
Propellent : PETROL
Color : BLACK
Description : AIRCON,POWER STEERING,POWER WINDOW WITH HEATER

Contact Address...
COMMERCIAL WORLD (Singapore)
65 UBI CRESCENT,
#01-02, HOLA CENTRE,
Singapore 408559

Mr Andy Ng: 0065 91693000
Mr Victor Shin: 0065 96846266
Office Phone: 65 6841 2040
Office Fax: 65 6841 2039

The biggest China promotions & daily use supplier

tpscorporation — Wed Jul 15, 2009 1:59 pm

Author: tpscorporation

Posted: Wed Jul 15, 2009 1:59 pm

Top Promotion Sales is your one-stop direct resource for promotional products and daily use.We are open and cooperative,safe and high-benefit,sustained developing.

Save money Save time Save your sanity Win more market

Since 1984,Top Promotions Sales is small company at the begining.But after more than twenty years of strategic business running and ongoing development,Top Promotions Sales has become a large and medium-sized commercial trading corporation,which is mainly dealing in the manufactory,supply,sourcing.Top Promotions Sales is one of the biggest China promotions & dialy use Suppliers!

At present, our core products are bag & luggage,stationery,toys,Umbrellas,Candles,Sport bottle..and other promotional items,all of which are exported continuously to Europe, America,Middle East, Japan and other countries. We have our own factory in Fujian,we also has cooperated with hundreds of big & factories armed with advanced equipment and technology for a long term to develop updated designs & style.So we could supply you more,high-quality products with competitve price,also the best service.

We trust that the superior quality,attractive design and reasonable price of our products will surely enable us to defeat the competitors.Judging our experience in marketing our items in European,we are rather confident that they will soon become quick-selling products in your market.

Welcome the clients,home or abroad to do business or enquiries together with us.

Go to www(dot)toppromotionssales(dot)com

Cyprus – Business Opportunity

Lumber Joe — Mon Jul 06, 2009 8:30 pm

Author: Lumber Joe

Posted: Mon Jul 06, 2009 8:30 pm

Can you provide some details?

TRADING ON LINE Coaching in Cyprus

Miky — Tue May 05, 2009 2:39 pm

Author: Miky

Posted: Tue May 05, 2009 2:39 pm

We have solid experience in ONE to ONE Trading On Line coaching and our coaching sessions are also on-line, via the internet.

We use a state-of-the-art remote-learning platform in which is possible to share audio, video, trading platform and desktop documents like trading charts.
In this way you can learn how to trade better and better from your home or office. Coaching plans can be completely personalized to reach concrete individual goals.
We are looking for private investors in Cyprus interested in improving their Trading On Line results, on a pay per sessions basis.
michele.castorina@t-online.hu

Livestock - Live Sheep, lamb and goat from Spain

natachasamami — Sun Sep 14, 2008 7:30 pm

Author: natachasamami

Posted: Sun Sep 14, 2008 7:30 pm

Dear Sir

The live sheep that we offer is named Sheep Manchega, is a high quality sheep, with a very good quality of meat.

We have for meat proporse (old sheep) and for breeding proporse (young sheep).

The price is to be negociated.

We can also offer other brands of sheeps, much more econmical. If you wish, you tell me your price idea and we can inform you about the animal that we can offer at your reference price.

Please visit our site to see some photos of our sheeps, and also other cattle and products that we can offer. The site is: ( you should look in Stock)

Thank you very much for your attention
Best regards
Natacha Guimaraes
Product Manager
Skype: natacha116 (Portugal, Lisbon)
www,jvnonline,com

Spanish Jeans STOCK LIQUIDATION

natachasamami — Sun Sep 14, 2008 7:29 pm

Author: natachasamami

Posted: Sun Sep 14, 2008 7:29 pm

Dear Sir

JUVANA / JVN Lda group is established in 4 countries: Angola, Mauritania, Portugal and Poland.

Our business covers a wide range of activities, included: General Trading.

At this moment we are in Stock Liquidation of a High Cuality spanish
jeans, with ISO certificate, brand Cowest. Each pieces FOR ONLY 2,5
Euros EX-Spain.

They are differents sizes, colours, types... You can get more information about us and about this jeans in our website : (look in Stock).

The offer is only valid up to the end of the stock. They are 5200 pieces in the stock, and came in boxes of 20units (that make a total
of 260boxes).

In our website you can see photos of some models of this season. The
liquidation is for the seasons before, but the design is in the same line.

We can offer as well party and wedding dresses, and soon we will
expose in our website other articles that are available.

Thank you for your attention.
Best regards
Natacha Guimaraes
Product Manager
Skype: natacha116 (Portugal, Lisboa)
www,jvnonline,com

Introducing Angola Trading Company

natachasamami — Sun Sep 14, 2008 7:28 pm

Author: natachasamami

Posted: Sun Sep 14, 2008 7:28 pm

Dear Sirs

JUVANA / JVN Lda group is established in 4 countries: Angola, Mauritania, Portugal and Poland.

Our business covers a wide range of activities, included:
- airline transport,
- trucks/cars,
- medical equipment (injector machine and cartridges for manufacture
flexible dental prosthesis, hospital clothes…)
- appareal & fashion: Spanish jeans fashion with high quality (STOCK
LIQUIDATION –all for 2,5 EUROS!!!!!), party dresses…
- fresh and frozen vegetables,
- feeding,
- drinks,
- brand products (Cocacola, Pringles, Toblerone , Redbull, Fructis Shampoo, corona beer…)
- office equipment,
- construction equipment,
- agriculture equipment (coffee and cocoa beans, vegetables, fruits…)
- breeding cattle / Livestock ( sheep, lamb, goat from Spain…),
- rubber,
- oil,
- electronic products,
- industrial valves ( gate valves, ball valves….)
- granite,
- Meat Halal (beef, lamb, chicken, buffalo…) & NO-Halal,
- ...and much more.

We are offering our services. In our site you will be able to find more
information about our products, addresses, telephone number, faxes….

Looking forward to hear from you soon please accept our best regards
Natacha Guimaraes
Product Manager
Skype : natacha116 (Portugal, Lisbon)
www,jvnonline,com

I looking for job...

tomselec — Tue Apr 03, 2007 12:21 pm

Author: tomselec

Posted: Tue Apr 03, 2007 12:21 pm

Hi!
I' looking for a job.If you need CV,I will sed it.
Thank you for your help!
Regards,Thomas

Scholarships and Grants Information

richellg — Wed Aug 30, 2006 10:50 am

Author: richellg

Posted: Wed Aug 30, 2006 10:50 am

We have one of the world's largest database of information on scholarships and grants that can be useful for students, professionals and other individuals both in private and government sectors who are interested to study abroad anda for non-governmental organizations as well.

Please contact using the details below:

Richell Ganancial, MBA
Executive Manager
GlobalGrant Phils. Inc.
Suite 2-A Capitol Centrum Bldg.
Escario Street, Cebu City
6000 Philippines
Telefax: +63 32 256 32372
Mobile: +63 9262391110
Email: richell@globalgrant.com
Website: http://www.globalgrant.com

COUNTRY EDITORS NEEDED

foxyy — Tue Jul 25, 2006 11:44 pm

Author: foxyy

Posted: Tue Jul 25, 2006 11:44 pm

COUNTRY EDITORS NEEDED

Editors sought for a new and revolutionary Travel guide.

As we are now in the pre-launch stage we are looking for editors - at least
one for every country in the world - with previous editorial experience or a
background in travel writing or BOTH!? Competency with computers, speed of typing, ability to find information within a strict deadline is essential. MUST BE FLUENT IN ENGLISH - WRITTEN AND ORAL

You will require a computer (preferably your own!) and access to the
internet. Work can be conducted from home. Full training given. A share of country and global sales is on offer.

Please note that this is NOT a scam, it is NOT an MLM scheme and does NOT require selling! There are NO fees associated with becoming or working as an Editor.

Please supply your details with a current CV (resume) to
furqan@fisherstravelsos.com

www.fisherstravelsos.com

COUNTRY RESEARCH AGENTS NEEDED

foxyy — Tue Jul 25, 2006 11:43 pm

Author: foxyy

Posted: Tue Jul 25, 2006 11:43 pm

COUNTRY RESEARCH AGENTS NEEDED

Do you have what it takes to be a Research Agent for a new and revolutionary Travel guide?

As we are now in the pre-launch stage we are looking for a limited number of researchers, previous experience or qualification NOT required. However, competency with computers, speed of typing, ability to find information within a strict deadline is essential. MUST BE FLUENT IN ENGLISH - WRITTEN AND ORAL

You will require a computer (preferably your own!) and access to the
internet. Work can be conducted from home. Full training given.

The minimum amount of research can be undertaken with a few hours per day or if you have more time we have requirements for agents to operate over much longer periods. A share of country and global sales is on offer.

Please note that this is NOT a scam, it is NOT an MLM scheme and does NOT require selling! There are NO fees associated with becoming or working as a Research Agent.

Supply your details and where possible your CV (resume) email:
agent@fisherstravelsos.com

Professional editors, journalists can apply for Editor positions
editor@fisherstravelsos.com

www.fisherstravelsos.com

A Guide to... Education Fee Planning for Expatriates

Candour — Tue Apr 11, 2006 1:15 pm

Author: Candour

Posted: Tue Apr 11, 2006 1:15 pm

A good education is one of the few investments that can be made for a child that will be of permanent benefit. However, building this benefit will involve effective planning and considerable outlay from either capital or income.

Typically, the basic fees for a year at a private secondary school work out at over £7,500 a year - and that’s before paying for the inevitable extras such as school trips, books and music lessons. Fees for full time borders - often a necessity for the internationally mobile - can be twice as much.

Even more horrifying, the cost of a full time university course plus living expenses can be over US$ 35,000 per annum for anywhere between 3 and 6 years.

However, with foresight you can use an investment that will provide the growth potential to give you part or even all of the money you need to ensure you can provide the best education for your children. Candour provides investment advice on various types of school and university expenses plans, whether funded from capital or income.

Funding from Capital
If capital is available to invest for education expenses (perhaps from generous grandparents!) tax efficient investments and Trusts can be used to maximise the return on this capital. The investment return is partly dependent on the length of time before fees have to be drawn down, so the sooner you start the better.

Funding from Income
The benefit of saving for a child’s education is that the investment is generally for the longer term (more than 10 years) and very often made on a regular basis.

When saving smaller regular amounts, the best way to invest is through a unit or investment trust. These are pooled investment funds which give access to a wide spread of shares and other securities such as bonds.

These funds may be actively managed - where a fund manager picks individual stocks based on a view of their future potential - or passively, where a manager invests in all the shares that comprise a stock market index, such as the FTSE 100 or the S&P 500.

Example
Mr & Mrs Jones wish to send their daughter to university in 15 years time. They believe that inflation will rise on average by 3% per annum in that time and consequently wish to save for fees that will be in the region of £30,000 per annum.

As such, the total fund they are likely to require is £90,000 to cover these costs. By saving as little as £350 each month, they should reach their target and avoid the day-to-day strain on their future finances.

Candour Consultancy advises on a wide range of lump sum and regular contribution education fee planning products from the worlds leading financial institutions

A Guide to... Expatriate Retirement Planning

Candour — Tue Apr 11, 2006 1:14 pm

Author: Candour

Posted: Tue Apr 11, 2006 1:14 pm

Most people look forward to a retirement where they can devote more time to the pastimes they enjoy. However, when it comes to retirement planning and pensions, a veil of confusion tends to cloud their perspective. This is especially the case for expatriates who may live in several countries and work for numerous employers throughout their life.

The essential fact about retirement planning is that it is simply making provisions out of your current income and investing for the time when you come to retire. Though most countries provide some retirement income for their citizens, at the end of the day it is up to the individual to make provision and, in this way, providing for retirement is no different than setting aside money for any other future purpose such as a new car, a house deposit or holiday.

The significant difference between retirement planning and other investment objectives is one of magnitude. In retirement, we expect a continuation of, at the very least, our current standard of living. Given that we spend an increasing proportion of our lives in retirement and State benefits are reducing, the need for early, effective retirement planning has never been greater.

However, modern society is told by TV adverts, children’s demands, etc… that immediate gratification is the only way. So how do you marry up these 2 key ideals?

Basically, the answer is NOT TO DELAY!

The cost of delaying the savings process can have a dramatic effect on both the amount you need to invest and the impact this will make on your lifestyle. Friends Provident International has illustrated this perfectly in their sales literature for their offshore pension plan.

Friends Provident calculated the increase in monthly contributions for a fictional individual who would like to retire at the age of 55 with a retirement fund of US$1 million, assuming he kept delaying contributions by a further 5 years.

The tables below show how much extra the individual would need to contribute each month just to reach the same target.

Example A
Age Minimum monthly premium required (2) Duration of policy Total premium required to achieve US$1million at age 55
30 $1,845 25 years $553,500
35 $2,659 20 years $638,160
40 $4,065 15 years $731,700
45 $6,935 10 years $832,200

Example B
Age Minimum monthly premium required (2) Duration of policy Total premium required to achieve US$1million at age 55
30 $1,053 25 years $315,900
35 $1,729 20 years $414,960
40 $2,983 15 years $536,940
45 $5,689 10 years $682,680

Example A assumes an average growth rate of 5% whilst Example B assumes a 9% average growth rate.

Now US$1 million sounds like a lot of money, but when you consider current annuity rates for a 55 year are just over 5%, this only amounts to an annual income of US$51,000. This would be lower still if you want to inflation proof your income!

As such, the questions we all need to ask are:

* Is this going to be sufficient to maintain your lifestyle in retirement?
* Is this enough to do all the extra things in retirement, like travelling, you wish to do?
* What about inflation, what about annuity rates falling further?

All these points mean that two things are vital, one that you start saving for your retirement as soon as possible and secondly that you review these plans regularly.

Additionally, as an expatriate, it is important that you an international pension policy established in a freely convertible currency to ensure you can seamlessly save for your retirement as you move from employer to employer or country to country.

What you can afford to contribute to ensure your future is dependent on many factors; including your current, ongoing financial commitments. Candour Consultancy recommends you contribute 15% of your income, throughout your career, as a good benchmark for achieving a financially independent retirement.

After all, the true cost of delay is not achieving your goals and dreams, not the cost of saving money now!

A Guide to... Expatriate Medical Insurance

Candour — Tue Apr 11, 2006 1:13 pm

Author: Candour

Posted: Tue Apr 11, 2006 1:13 pm

Having medical insurance while you're abroad may well be essential but it’s not going to be much good if there are conditions that are not covered under your plan. Most private medical insurance providers now operate on such a large, global scale that there are few glaring exclusions that could trip you up. However, a little time spent going over a company’s terms and conditions will bring to your attention some omissions in plans that you may want to know about before you sign.

The most important thing that might be missing from your plan, according to many PMI providers, is cover for chronic conditions. Obviously, a provider won't cover you automatically for any pre-existing conditions that would be like insuring a house that is already burning down, but should you develop asthma or diabetes after signing the plan, you will want to know that you are covered for this. Some providers, however, will only cover you in severe cases of any chronic condition that has arisen, such as a diabetic coma.

This means that some companies, particularly ones that offer basic-level plans, will cover you in an emergency or in the short term, but not for the routine, ongoing treatment that you need. From an insurer's point of view you can understand why they may do this as illnesses like asthma and diabetes are spreading in today’s world and costs could spiral out of control if they insured everyone. Yet there are a lot of plans out there that will cover your everyday treatment of such illnesses, so it's up to you whether you want to pay the costs or be covered for them, (albeit sometimes with restrictions on the amount you can claim), under your plan.

There are also other features that are worth checking to see if you are covered. One of the greatest omissions on many PMI plans is cover for congenital defects. It is worth checking to see if there are any restrictions in their plans when, for instance, they have a baby with a birth abnormality that needs treatment. There are restrictions to this with some providers. People buy healthcare when they reach a certain age, and are more conscious of protecting their family - for this reason people should check all that is covered under pregnancy cover.

It must be also borne in mind that pregnancy cover is usually only available after you have had your plan for one year. This is pretty standard, but will make you plan that bit further, especially if you are set to have a baby in a country where healthcare is expensive, like the US or the Caribbean. You may well want to check the amount you can claim for a normal pregnancy, too, as the average cost, according to Goodhealth, will be around US$4,500 - US$ 7,500.

Sports
Aside from treatment for serious illnesses, potential clients should consider what activities or sports they may like to enjoy. A lot of providers, such as William Russell, provide cover for all sports so you’re free to go white-water rafting or throw yourself off a bridge with some elastic tied round your ankles. Jenni Sobnack, marketing consultant at William Russell says: “You will be covered for all sports as long as you’re not doing it professionally. If, as is more likely, you have an injury playing something like football and break your leg, it is important to get in touch with us or our partner International SOS as soon as possible so that we can arrange to pay the hospital directly and leave you with no upfront fee to pay.” Other firms do have restrictions on what they would like you to do, so hang-gliding may have to be postponed.

A recent addition to some plans has also been infertility treatment which is often not covered. Some provides now cover investigations in to infertility up to the point of diagnosis. It also covers IVF treatment up to a limit of £2,000 a year with four attempts allowed in a lifetime.

Psychiatric treatment is another area that not every provider is agreed on. Most will provide some level of cover, but there it is often limited to inpatient care and the amount you can claim back. Landers says that providers put these restrictions in place as it is hard to know how many visits to a psychiatrist will need to be made and how much ongoing treatment will be needed. Although having cover for such things as emergency evacuation are of higher priority when selecting a plan, most PMI providers have warned of the dangers of stress, especially on a busy expatriate lifestyle.

As such, only by doing the boring work of checking a firm’s terms and conditions (or by speaking to an independent financial brokerage such as [url-http://www.candourconsultancy.com]Candour Consultancy[/url]) can you figure out exactly what you will be protected against and begin to compare plans.

Commonly left out of many policies are:-

* Pandemics - such as Bird Flu!
* Chronic conditions arising after purchase of plan
* Pregnancy cover, complications and congenital defects.
* Infertility cover
* Psychiatric treatment
* Sports (including extreme sports)
* AIDS (often not covered for individuals but under group schemes)
* Routine dental treatment

FX Currency Trading / Forex FX Trading Online - Know More

admin — Wed Jan 04, 2006 12:25 pm

Author: admin

Posted: Wed Jan 04, 2006 12:25 pm

Forex Trading – FX Trading

Foreign Exchange
This short introduction explains the basics of trading Forex online, a brief explanation of the markets and the major benefits of trading Forex online. There are also two scenarios describing the implications of trading in a bear as well as bull market to better acquaint you with some of the risks and opportunities in the largest and most liquid market in the world.

As an additional aid for those who are new to Forex, there is also a glossary at the bottom of this text which explains some of the terms used in connection with currency trading.

Overview
Foreign exchange , forex or just Forex are all terms used to describe the trading of the world's many currencies. The forex market is the largest market in the world, with trades amounting to more than $1.5 trillion every day. This is more than one hundred times the daily trading on the NYSE (New York Stock Exchange) . Most forex trading is speculative , with only a few percent of market activity representing governments' and companies' fundamental currency conversion needs.

Unlike trading on the stock market, the forex market is not carried out by a central exchange, but on the "interbank" market , which is thought of as an OTC (over the counter ) market. Trading takes place directly between the two counterparts necessary to make a trade, whether over the telephone or on electronic networks all over the world. The main centres for trading are Sydney, Tokyo, London, Frankfurt and New York. This worldwide distribution of trading centres means that the forex market is a 24-hour market.

Trading Forex
A currency trade is the simultaneous buying of one currency and selling of another one. The currency combination used in the trade is called a cross (for example, the Euro/US Dollar, or the GB Pound/Japanese Yen.). The most commonly traded currencies are the so-called "majors" - EURUSD, USDJPY, USDCHF and GBPUSD.

The most important forex market is the spot market as it has the largest volume. The market is called the spot market because trades are settled "immediately" or on the spot. In practice this means within two banking days.

Trading on Margin
Trading on margin means that you can buy and sell assets that represent more value than the capital in your account. Forex trading is usually done with relatively little margin since currency exchange rate fluctuations tend to be less than one or two percent on any given day. To take an example, a margin of 2.0% means you can trade up to $500,000 even though you only have $10,000 in your account. In terms of leverage this corresponds to 50:1, because 50 times $10,000 is $500,000, or put another way, $10,000 is 2.0% of $500.000. Using this much leverage gives you the possibility to make profits very quickly, but there is also a greater risk of incurring large losses and even being completely wiped out. Therefore, it is inadvisable to maximise your leveraging as the risks can be very high. For more information on the trading conditions at Saxo Bank, go to the Account Summary on your Client Station and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.

Why trade Forex?

24 hour trading
One of the major advantages of trading forex is the opportunity to trade 24 hours a day from Sunday evening (20:00 GMT) to Friday evening (22:00 GMT). This gives you a unique opportunity to react instantly to breaking news that is affecting the markets.
Superior liquidity
The forex market is so liquid that there are always buyers and sellers to trade with. The liquidity of this market, especially that of the major currencies, helps ensure price stability and low spreads . The liquidity comes mainly from large and smaller banks that provide liquidity to investors, companies, institutions and other currency market players.
No commissions
The fact that forex is often traded without commissions makes it very attractive as an investment opportunity for investors who want to deal on a frequent basis. Trading the "majors" is also cheaper than trading other crosss because of the high level of liquidity. For more information on the trading conditions at Saxo Bank, go to the Account Summary on your Client Station and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.
50:1 Leverage
With a minimum account of USD 10,000, for example, you can trade up to USD 500,000. The USD 10,000 is posted on margin as a guarantee for the future performance of your position.
Profit potential in falling markets
Since the market is constantly moving, there are always trading opportunities, whether a currency is strengthening or weakening in relation to another currency. When you trade currencies, they literally work against each other. If the EURUSD declines, for example, it is because the U.S. dollar gets stronger against the Euro and vice versa. So, if you think the EURUSD will decline (that is, that the Euro will weaken versus the dollar), you would sell EUR now and then later you buy Euro back at a lower price and take your profits. The opposite trading scenario would occur if the EURUSD appreciates .

Important Forex Trading Terms

Spread
The spread is the difference between the price that you can sell currency at ( Bid ) and the price you can buy currency at ( Ask ). The spread on majors is usually 5 pips under normal market conditions. For more information on the trading conditions at Saxo Bank, go to the Account Summary on your Client Station and open the section entitled "Trading Conditions" found in the top right-hand corner of the Account Summary.
Pips
A pip is the smallest unit by which a cross price quote changes. When trading forex you will often hear that there is a 5-pip spread when you trade the majors. This spread is revealed when you compare the bid and the ask price, for example EURUSD is quoted at a bid price of 0.9875 and an ask price of 0.9880. The difference is USD 0.0005, which is equal to 5 "pips". On a contract or position, the value of a pip can easily be calculated. You know that the EURUSD is quoted with four decimals, so all you have to do is the cancel-out the four zeros on the amount you trade and you will have one pip. Thus, on a EURUSD 100,000 contract, one pip is USD 10. On a USDJPY 100,000 contract, one pip is equal to 1000 yen, because USDJPY is quoted with only two decimals.

Trading Scenario - Trading Rising Prices
If you believe that the Euro will strengthen against the dollar you'll want to buy Euro now and sell it back later at a higher price.

You buy Euro	We quote EURUSD at Bid 0.9875 and Ask 0.9880, which means that you can sell 1 Euro for 0.9875 USD or buy 1 Euro for 0.9880 USD. In this example you buy Euro 100,000, at the quote price of 0.9880 (ask price) per Euro.
The market turns	Later the market turns in favour of the Euro and the EURUSD is now quoted at Bid 0.9894 and Ask 0.9899.
Now you want to sell your Euro and get the profit	You sell Euro at a Bid price of 0.9894.
The profit is calculated as follows:	Sell price-buy price x size of trade (0.9894 minus 0.9880) multiplied by 100.000 = $140 Profit (Note that the profit or loss is always expressed in the secondary currency )

Trading Scenario - Trading Falling Prices
If, on the other hand, you believe that the Euro will weaken against the dollar, you'll want to sell EURUSD.

You sell Euro	We quote EURUSD at a Bid price of 0.9875 and Ask price of 0.9880 and you decide to sellEuro 100,000 at a Bid price of 0.9875.
The market moves in your favour	The Euro weakens against the dollar and the EURUSD is now quoted at bid 0.9744 and ask 0.9749.
Now you buy back your Euro	You buy EUR at an ask price of 0.9749.
Your Profit/loss is then	Sell price-buy price x size of trade (0.9875 minus 0.9749) multiplied by 100.000 = $ 1260 Profit

Remember that trading EUR 100,000 as we have done in our examples, does not mean that you have to put up Euro 100,000 yourself. It means that you have to deposit 2.0% of Euro 100,000, which is Euro 2,000 on margin as a guarantee for the future performance of your position.

Further Reading
To see how you can trade the forex market and benefit from our toolbox of information and live quotes, please proceed to our Forex Quick Start found under the Trading menu on the toolbar, under Forex.

Glossary

Appreciation	Anincrease in the value of a currency.
Ask	Theprice at which you can buy. Traders also speak of an ask price,the price requested. This usually indicates the lowest price aseller will accept.
Basecurrency	Thecurrency that the investor buys or sells (i.e. EUR in EURUSD).
Bear	Someonewho believes prices are heading down. A bear market is one inwhich there is a sustained fall in prices and which does not looklike it will recover quickly.
Bid	Theprice at which you can sell. Traders also speak of a bid price,the price offered. This usually indicates the top price apurchaser will pay.
Bid/Ask	TheBid rate is the rate at which you sell. The Ask (or offer) rate isthe rate at which you can buy.
Bull	Someonewho is optimistic about the market. A bull market is characterisedby enthusiastic and sustained buying.
cross	Whentrading currencies, the investor buys one currency againstanother. These two currencies form the cross: for example, EURUSD.
Crossrate	Anexchange rate that is calculated from two other exchange rates.
Depreciation/decline	Afall in the value of a currency.
Exchangerate	Whatone currency is worth in terms of another, for example the $Amight be worth 58 US cents or 70 yen. Currencies traded freely onforeign-exchange markets have a spot rate (applying to tradessettled 'spot', ie, two working days hence) and a forward rate.Countries can determine their exchange rates in a variety of ways:a floating exchange rate system where the currency finds its ownlevel in the market; a crawling or flexible peg system which is acombination of an officially fixed rate and frequent smalladjustments which in theory work against a build-up of speculationabout a revaluation or devaluation; a fixed exchange-rate systemwhere the value of the currency is set by the government and/orthe central bank.
EURUSD	Meansthat you trade EUR against dollars. If you buy Euro you pay indollars and if you sell Euro you receive dollars.
FX,Forex, Foreign Exchange	Allnames for the transaction of one currency for another, e.g. youbuy £100.00 with $150.25 or sell $150.25 for £100.00.
Interbank	Short-term(often overnight) borrowing and lending between banks, as distinctfrom banks' business with their corporate clients or otherfinancial institutions.
Interestrate differential	Theyield spread between two otherwise comparable debt instrumentsdenominated in different currencies.
Leverage(gearing)	Inthis case leverage means that the investor only funds part of theamount traded.
Long	Tobuy.
Longposition	Aposition that increases its value if market prices increase.
Liquid(-ity)	Thecapacity to be converted easily and with minimum loss into cash.Ultra-short-dated treasury notes are an example of a liquidinvestment. A liquid market is one in which there is enoughactivity to satisfy both buyers and sellers.
Margin	Theinitial amount or deposit required when entering into a position.Margin is a guarantee for future performance.
NYSE	Acomputerised system providing brokers with the prices of sharesand securities traded on the New York stock exchange and over thecounter. The quotes are published in real-time.
Openposition	Aposition in a currency that has not yet been offset. For example,if you have bought 100,000 USDJPY, you have an open position inUSDJPY until you offset it by selling 100,000 USDJPY.
"Overthe counter"	Whentrading takes place directly between two parties, rather than onan exchange.
Pips	Apip is the smallest unit by which a cross price quote changes. Soif EURUSD bid is now quoted at 0.9767 and it moves up 2 pips, itwill now be quoted at 0.9769.
Position	Money-market,futures, foreign-exchange and sharemarket traders talk of 'takinga position' which simply means buying or selling one currencycross. 'Position' can also refer to a trader'scash/securities/currencies balance, whether he or she is short ofcash, has money to lend, is overbought or oversold in a currency,etc.
Risk	Tryingto control outcomes to a known or predictable range of gains orlosses. Risk management involves a set of steps which begin with asound understanding of one's business and the exposures or risksthat have to be covered to protect the value of that business.Then an assessment should be made of the types of variables thatcan affect the business and how best to protect against unwelcomeoutcomes. Consideration must also be given to the preferred riskprofile - whether one is risk- averse or fairly aggressive inapproach. This also involves deciding which instruments to use tomanage risk, and whether a natural hedge exists that can be used.Once undertaken, a risk-management strategy should be continuallyassessed for effectiveness and cost.
Secondarycurrency (variable currency or counter currency)	Thecurrency that the investor trades the base currency against (i.e.USD in EURUSD).
Shortposition	Aposition that benefits from a decline in market prices.
Short	Tosell.
Speculative	Buyingand selling in the hope of making a profit, rather than doing sofor some fundamental business-related need.
Spot	ASpot rate is the current market price of an asset.
Spotmarket	Thepart of the market calling for spot settlement of transactions.The precise meaning of 'spot' will depend on local custom for acommodity, security or currency. In the UK, US and Australianforeign-exchange markets, 'spot' means delivery two working dayshence.
Spread	Thedifference between the bid and the ask rate.

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