In recent times, the forex market has become one of the largest most liquid and fastest growing trading markets in the world. It has an estimated over USD $3 trillion traded daily on forex trading, effectively exchanging and speculating on currency prices.

 The majority of the trading has traditionally been large banks and multinational corporations wanting to minimize their exposure to fluctuation in currency exchanges as well as professional forex fund managers.

 The arrival of electronic trading platforms such as zulu trade, has triggered the accessibility and accessibility to fx trading to a lot more retail investors on a global scale, and they’re trading on a 24 hour basis becoming a very liquid and volatile market, able to generating huge profits, but also potentially huge losses.

 Forex is an incredibly complex market, influenced by many factors and with very sudden movements and changes. It is important to keep abreast of financial market news, major economic announcements and follow market fluctuations. Various charts and technical analysis are available to assist traders to understand market movements and make decisions based on factual evidence and statistical modeling. However, in a time-poor world, learning to effectively take in all this information and decide on strategy and oversee performance is difficult if not your full time profession. So more and more investors are turning to managed forex accounts and professional traders as a solution to being involved in a potentially hugely profitable market versus risking losses through lack of time or understanding of the complexities of forex trading.

 Fascination with managed forex accounts continues to be growing since the early stages for many online forex brokers. Last month alone, one leading EU licensed forex broker noted a two-fold increase in the number of clients being put forward through professional fund managers. According to industry experts, having your account managed by someone who has a positive track record in trading profitably and has superior understanding and knowledge of the forex markets, is a potentially large advantage. Many traders choose to begin this way, as it is effectively like shadowing on the job and you have the opportunity to watch an expert trade your account while you follow the markets and soak up all the information available to you. It can be an excellent way gain experience and to speed up your learning curve, without the risk of making too many mistakes which will cost you real money.

 The challenge as ever is finding somebody who can do this for you effectively and who can provide sufficient proof of successful trading history and experience to know that they will manage your funds properly and capitalize on opportunities when they present themselves.

 Although most forex brokers do not actually manage accounts for retail investors, some do provide fund managers with ideal conditions for forex account management as well as all the tools they need in order to effectively monitor their managed forex accounts on behalf of individual clients. Fund managers are particularly keen on brokers who offer a high level of service, in particular on an individual basis, and some will prefer direct contact to an account manager with a no commission or fees structure which allows them to trade under the best possible conditions for their clients.

 Some brokers also offer various tools for managed forex accounts such as the Multi Account Manager tool or MAM and MultiTrader. Professional money managers regularily become business introducing partners for online forex brokers, enjoying additional supplementary income.

Gold Market Commentary Report for 7/26/2010

August gold remained on the defensive during today’s session, finishing the day in negative territory. The erosion of risk concerns in US and in European markets made it difficult for August gold to hold any strength for sustained periods. Stronger US equity markets added to the pressure on prices. Continued ideas that the Euro zone bank stress tests were not sufficient enough to judge potential debt problems helped to keep any weakness in check.

Silver Market Recap Report for 7/26/2010

September silver was able to recover from early weakness and finished the day with a moderate gain. An improved outlook for the US economy, highlighted by a jump in US New Home Sales, assisted the market in making the turnaround. Although strong equities provided additional strength to the recovery, September silver was unable to move above last week’s high by the close.

After reading the silver and gold analysis, traders might want to take a peek at the commercial traders momentum.  The Commercial Trader momentum can be tracked by using the Commodity Futures Trading Commission Commitment of Traders reports.  Our idea is that, in a value driven commodity futures market no one knows fair value like the people who produce it or, have to use it.  In fact, it is precisely their sense of value that provides the commodity market’s rhythmic meanderings that swing traders love so much.  Let’s face it, producers know when their product is overvalue and it should be sold just as well as end line users know when they should be stocking up at low prices.   Therefore, trader should be able to incorporate this valuable information into their future market education.

The daily commentaries provide a review of any reports released that day, a recap of each commodity’s traded price activity, an analysis of the factors that influenced price activity, and a look ahead at the schedule for the next day.  CME Group provides market commentaries for corn, wheat, soybeans, gold and silver.   The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts. 

This blog is publicized by Andy Waldock.  Andy Waldock is a financial advisor, broker, asset manager, trader, and analyst for Commodity & Derivative Advisors, located in Sandusky, Ohio.  Therefore, Andy Waldock may have positions for himself, his clients, or his family in any commodity future market discussed. The blog is meant for educational purposes and to develop a dialogue among those with an interest in the commodity future markets. The commodity markets may not be advisable for all investors due to the high degree of leverage.  Investing in the commodity futures could result in considerable risk.  If you are interested in reading other circulated articles, commenting  on his publications or subscribing to Andy’s blog, please visit http://blog.commodityandderivativeadv.com, or if you have any questions, please call 1-866-990-0777.