HYIP-Man: June 2006
Friday, June 09, 2006
Tom-Next Rollovers(6)

Tom-Next

Spot Forex positions are traded with a standard Value Date of 2 business days - the theoretical delivery date for the currency exchange if we were going to take delivery of a currency. For example, positions opened on Monday would have a Value Date of Wednesday.

As we are speculating on Forex and not actually taking delivery (settlement), positions are never allowed to reach their Value Date and are 'Rolled Over' to a new Value Date instead. So if the position we opened on Monday is still open on Tuesday, it will be closed then reopened again immediately at almost the same market price with the new Value Date of Thursday.

Sample of Tom-Next Rollover Report:

Financing Charge/Credit

When a position is rolled over to a new Value Date any profit or loss associated with that position is also rolled over to the new position but a small component of interest on the profit or loss is added or deducted from the opening price of the new position.

Swap Price

To summarize, Spot Forex positions held past the end of a trading day (4 PM CST) are rolled over to a new Value Date. At rollover, the position is closed and reopened with a small difference between the closing and the reopening price. This small difference is called the swap price and includes:

  • The Rollover charges principally account for the interest rate differential between the two currencies traded
  • The Financing credit/charge from any profit/loss on the position

Some typical swap rates are (Long position/Short position as of 11/08/04):

EURUSD0.000011/-0.000028
USDJPY-0.0038/-0.0070
GBPUSD-0.000114/-0.000169
USDCHF-0.000023/-0.000058
EURCHF-0.000038/-0.000086
AUDUSD-0.000054/-0.000077

External links

Forex Investment Club

Labels:

Cash FX Order Types(5)

Margin Order Types

The basic landscape in FX trading involves a number of order types that facilitate efficient transactions. Below, we have defined several of the most common terms.

1. Limit

A limit order is commonly used to enter or exit markets at a specified price or better than the market price. In addition, a limit order allows the trader to manage the length of time that the order is current or outstanding before it is cancelled.

2. Stop if Bid

A Stop if Bid order is used to buy or sell a currency is the Bid price breaches the specific level in the price field. Typically, Stop if Bid orders are used to buy a forex position in order to make sure a certain level is broken.

3. Stop if Offer

A Stop if Offer order is used to buy or sell a currency is the Ask price breaches the specific level in the price field. Typically, Stop if Offer orders are used to sell a forex position in order to make sure a certain level is broken.

Linking orders offers traders a logical aggregation of order types that outline contingencies in market participation, making it much easier to trade in moving markets.

4. One Cancels Other (OCO)

This most common linked order, OCO, stipulates that if one part of the order is executed, then the other part is automatically cancelled. In forex trading, OCO often refers to a buy order and sell order linked together so that when one of the orders is executed, the other is cancelled. Consider the OCO as follows: the trader protects an existing position from loss (stop order) and ensures that profits are taken (limit order).

5. If Done (ID)

These contingent trade orders, also known as slave orders become active only if the primary order is executed first. An example would be a working order to buy EUR/USD at 1.2500 and a contingent order to sell at 1.2400 Stop if Bid -- if the first order is done.

External links

Forex Simulator

ForexInterBank's Complete Forex Course

ForexInterBank's Advanced Strategies Course

Labels:

Trade on Margin(4)

Defining Margin

Trading on margin means that an investor can buy and sell assets that represent more value than the capital in their account. Forex trading is typically executed on margin, and the industry practice is to trade on relatively small margin amounts since currency exchange rate fluctuations tend to be less than one or two percent on any given day.

Margin, or leverage, implies that the investor is "gearing" his or her funds. Margin rates of 1% on the first $10,000 in your account, and 2% on assets greater than that, are common in online trading. What this means is that a margin of 1.0% enables one to trade up to $1,000,000 even though there is $10,000 in the account. In terms of leverage this corresponds to 100:1, because 100 times $10,000 is $1,000,000, or put another way, $10,000 is 1.0% of $1,000.000.

Margin is a powerful accelerator

Using leverage opens the possibility to generate profits quickly, but increases the risk of rapidly incurring large losses. It is important to review the margin thresholds and limitations in your trading agreement to determine the range of trading activities you can undertake.

Net Equity for Margin

This term is the absolute indicator of the extent of margin capability in your account. If your Margin Required exceeds your Net Equity for Margin you must close or reduce positions, or send additional funds to cover your positions.

Trading on Unrealized Profits

You can trade on unrealized profits in your account. Margin calculations are based on the Net Equity for Margin which includes such unrealized profits and losses as are current in your account.

Margin call

Traders must maintain the margins listed in their account at all times. If funds in an account fall below the margin requirement, a margin call is issued. A margin call requires the trader to immediately deposit more funds to cover the position or to close the position.

Trade size

The amount of the trade size is limited by the margin position. For example, a trader with $10,000 in funds and 1% margin, can trade as much as $1,000,000; however taking a single position in this amount would be extremely unwise and generate a margin call if the trade were to tilt slightly.

Majors, Minors and Exotics

Margin rates vary according to the liquidity (available inventory) of different currency crosses. Lower rates apply to Majors, higher rates to minors, and then highest margin terms for exotics.

Weekend rates

On weekends, when the markets are quiet, the rate is normally doubled to 2% and 4% respectively as liquidity is considerably limited.

External links

Live Forex Call Room

Labels:

Types of FX Trades(3)

What is Spot?

A spot FX trade is an immediate execution of one currency against another at an agreed rate, settlement of which traditionally takes place two business days later. RCG fxtrader™ offers spot trading on streaming real-time prices for over 120 different currency crosses, with deep liquidity on the most liquid currency pairs.

In the Forex Trade module, if the Bid/Ask fields are highlighted green, then the platform is delivering a live-tradable price. To execute the spot trade simply click the 'Enable' button to buy or sell the currency immediately.



What is a Forward Outright?

A Forward Outright is a trade that will commence at an agreed upon date (in the future). There is no centralized exchange for Forwards and forward trading is often customized to meet the needs of the buyer and seller. Forward Outrights are expressed as a price above (premium) or below (discount) the spot rate. The forward FX price is the sum of the spot price and the margin. This price is a reflection of the FX rate at the forward date where if the trade were executed at that rate there would be no profit or loss.


External links

ForexInterBank Training

Live Forex Call Room

Forex Simulator

Labels:

What is a Pip (2)
Defining a Pip
Currencies are quoted using 5 significant digits. The last digit, called a "pip", represents the smallest potential move in an exchange rate, and is very similar to ticks or points in other financial products. In the example below, a 10 pip increase in the Ask price would result in a quote of 1.2287. Likewise, a 10 pip decrease in the Ask price would result in a quote of 1.2267. Half-pips are a more recent development offering traders even tighter spreads and more competitive and transparent accuracy in pricing. When trading foreign exchange, the value of a pip is dependent on two variables – the amount of currency and the currency pair.


USD Value of a Pip

Below, we have calculated the US Dollar value of a 1 pip movement for some of the more frequently traded currency pairs. Please note, all values are calculated using 100,000 units of the base currency (the left-hand currency in the pair).

  • EUR/USD = $10.00
  • USD/CHF = $8.00
  • USD/JPY = $9.06
  • GBP/USD = $10.00
  • USD/CAD = $7.92
  • AUD/USD = $10.00
  • EUR/CHF = $8.00
  • EUR/JPY = $9.06
  • EUR/GBP = $17.98
Basic FOREX Terms (1)
What is the FX market?

The online trading environment for foreign exchange encompasses the largest, most dynamic capital market in the world with more than $1.5 trillion traded daily. The FX market is a continuous, 24/5 marketplace open from Sunday afternoon (4 PM EDT) through the close of the US markets on Friday (5 PM EDT). The FX market is where investors can trade one currency against another currency.

What is a currency cross?

Currencies are always priced in pairs. All trades take place between two different currencies resulting in the concurrent purchase of one currency and sale of another. For example, when you trade EUR/USD, the currency cross is Euros versus US dollars. One currency will be bought (long position) while the other currency is sold (short position).

What is the Bid-Ask Spread?

The bid-ask spread is the buying and selling spread between two currencies. The bid price is the price at which the currency is sold. The ask price is the price at which the currency is bought. The difference between the bid price and the ask price is known as the bid-ask spread. The bid-ask spread differs between currency crosses with more common crosses (majors) having tighter spreads.

Labels:

USD Near One-Year Low Versus Euro
The US Dollar dropped to $0.7704 against the Euro earlier today, the lowest level since May 2005, before climbing back up to $0.7722 during midday trading in New York. The USD drop came after low U.S. employment data was released last week, thereby lowering expectations that the Fed would raise interest rates this month. Reuters reports:
Reflecting market expectations that the dollar's interest rate advantage is set to erode, currency speculators have increased their bets that the euro will appreciate against the dollar to record highs, data showed on Friday. "If you look at market positioning you can see that dollar bearish sentiment is pretty much growing across the board," said Naomi Fink, foreign exchange strategist at BNP Paribas in New York.
more: Dollar near 1-year low vs euro as key cenbanks eyed
Foreign exchange market
The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. Retail traders (small speculators) are a small part of this market. They may only participate indirectly through brokers or banks and may be targets of forex scams .

The foreign exchange market is unique because of:

·          its trading volume,

·          the extreme liquidity of the market,

·          the large number of, and variety of, traders in the market,

·          its geographical dispersion,

·          its long trading hours - 24 hours a day (except on weekends).

·          the variety of factors that affect exchange rates,

Average daily international foreign exchange trading volume was $1.9 trillion in April 2004 according to the BIS study Triennial Central Bank Survey 2004

Exchange-traded forex futures contracts were introduced in 1972 at the Chicago Mercantile Exchange and are actively traded relative to most other futures contracts. Forex futures volume has grown rapidly in recent years, but only accounts for about 7% of the total foreign exchange market volume, according to The Wall Street Journal Europe

The ten most active traders account for almost 73% of trading volume, according to The Wall Street Journal Europe, (2/9/06 p. 20). These large international banks continually provide the market with both bid (buy) and ask (sell) prices. The bid/ask spread is the difference between the price at which a bank or market maker will sell ("ask", or "offer") and the price at which a market-maker will buy ("bid") from a wholesale customer. This spread is minimal for actively traded pairs of currencies, usually only 1-3 pips. For example, the bid/ask quote of EUR/USD might be 1.2200/1.2203. Minimum trading size for most deals is usually $1,000,000.

These spreads might not apply to retail customers at banks, which will routinely mark up the difference to say 1.2100 / 1.2300 for transfers, or say 1.2000 / 1.2400 for banknotes or travelers' cheques. Spot prices at market makers vary, but on EUR/USD are usually no more than 5 pips wide (i.e. 0.0005).

Trading characteristics

There is no single unified foreign exchange market. Due to the over-the-counter (OTC) nature of currency markets, there are rather a number of interconnected marketplaces, where different currency instruments are traded. This implies that there is no such thing as a single dollar rate - but rather a number of different rates (prices), depending on what bank or market maker is trading. In practice the rates are often very close, otherwise they could be exploited by arbitrageurs .

The main trading centers are in London, New York, and Tokyo, but banks throughout the world participate. As the Asian trading session ends, the European session begins, then the US session, and then the Asian begin in their turns. Traders can react to news when it breaks, rather than waiting for the market to open.

There is little or no 'inside information' in the foreign exchange markets. Exchange rate fluctuations are usually caused by actual monetary flows as well as by expectations of changes in monetary flows caused by changes in GDP growth, inflation, interest rates, budget and trade deficits or surpluses, and other macroeconomic conditions. Major news is released publicly, often on scheduled dates, so many people have access to the same news at the same time. However, the large banks have an important advantage; they can see their customers order flow.

Currencies are traded against one another. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed. For instance, EUR/USD is the price of the euro expressed in US dollars, as in 1 euro = 1.2045 dollar.

On the spot market, according to the BIS study, the most heavily traded products were:

  • EUR/USD - 28 %
  • USD/JPY - 17 %
  • GBP/USD (also called cable) - 14 %

and the US currency was involved in 89% of transactions, followed by the euro (37%), the yen (20%) and sterling (17%). (Note that volume percentages should add up to 200% - 100% for all the sellers, and 100% for all the buyers). Although trading in the euro has grown considerably since the currency's creation in January 1999, the foreign exchange market is thus still largely dollar-centered. For instance, trading the euro versus a non-European currency ZZZ will usually involve two trades: EUR/USD and USD/ZZZ. The only exception to this is EUR/JPY, which is an established traded currency pair in the interbank spot market.

Market participants

According to the BIS study Triennial Central Bank Survey 2004

  • 53% of transactions were strictly interdealer (ie interbank);
  • 33% involved a dealer (ie a bank) and a fund manager or some other non-bank financial institution;
  • and only 14% were between a dealer and a non-financial company.

Banks

The interbank market caters for both the majority of commercial turnover and large amounts of speculative trading every day. A large bank may trade billions of dollars daily. Some of this trading is undertaken on behalf of customers, but much is conducted by proprietary desks, trading for the bank's own account.

Until recently, foreign exchange brokers did large amounts of business, facilitating interbank trading and matching anonymous counterparts for small fees. Today, however, much of this business has moved on to more efficient electronic systems, such as EBS, Reuters Dealing 3000 Matching (D2), the Chicago Mercantile Exchange , Bloomberg and TradeBook(R). The broker squawk box lets traders listen in on ongoing interbank trading is heard in most trading rooms, but turnover is noticeably smaller than just a few years ago.

Commercial Companies

An important part of this market comes from the financial activities of companies seeking foreign exchange to pay for goods or services. Commercial companies often trade fairly small amounts compared to those of banks or speculators, and their trades often have little short term impact on market rates. Nevertheless, trade flows are an important factor in the long-term direction of a currency's exchange rate. Some multinational companies can have an unpredictable impact when very large positions are covered due to exposures that are not widely known by other market participants.

Central Banks

National central banks play an important role in the foreign exchange markets. They try to control the money supply, inflation, and/or interest rates and often have official or unofficial target rates for their currencies. They can use their often substantial foreign exchange reserves, to stabilize the market. Milton Friedman argued that the best stabilization strategy would be for central banks to buy when the exchange rate is too low, and to sell when the rate is too high - that is, to trade for a profit. Nevertheless, central banks do not go bankrupt if they make large losses, like other traders would, and there is no convincing evidence that they do make a profit trading.

The mere expectation or rumor of central bank intervention might be enough to stabilize a currency, but aggressive intervention might be used several times each year in countries with a dirty float currency regime. Central banks do not always achieve their objectives, however. The combined resources of the market can easily overwhelm any central bank. Several scenarios of this nature were seen in the 1992-93 ERM collapse, and in more recent times in South East Asia.

Investment Management Firms

Investment Management firms (who typically manage large accounts on behalf of customers such as pension funds, endowments etc.) utilise the Foreign exchange market to facilitate transactions in foreign securities. For example, an investment manager with an international equity portfolio will need to buy and sell foreign currencies in the 'spot' market in order to pay for, and redeem, purchases and sales of foreign equities. Since these transactions are secondary to the actual investment decision, they are not seen as speculative or aimed at profit-maximisation.

Some investment management firms also possess specialist Currency Overlay units, which have the specific objective of managing clients' currency exposures with the aim of generating profits whilst limiting risk. Whilst the number of dedicated currency managers is quite small, the size of their assets under management (AUM) can be quite significant, which can lead to large trades.

Hedge Funds

Hedge funds, such as George Soros's Quantum fund have gained a reputation for aggressive currency speculation since 1990. They control billions of dollars of equity and may borrow billions more, and thus may overwhelm intervention by central banks to support almost any currency, if the economic fundamentals are in the hedge funds' favor.

Retail Forex Brokers

Retail forex brokers handle a minute fraction of the total volume of the foreign exchange market. According to CNN, one retail broker estimates retail volume at $25-50 billion daily, [1]which is about 2% of the whole market. CNN also quotes an official of the National Futures Association "Retail forex trading has increased dramatically over the past few years. Unfortunately, the amount of forex fraud has also increased dramatically."

In the retail Forex industry market makers more often than not run two separate trading desks- one that they use to actually trade foreign exchange (sometimes called a "non-dealing desk" and essentially serving as a proprietary trading desk) and one that is set up for the expressed purpose of off-exchange trading with retail customers (called the "dealing desk" or "trading desk"). Despite various' market makers claims to "offset" clients' trades on the interbank market (the market maker takes the same position that its clients take), there are many reasons why this is implausible, foremost being that the vast majority of retail currency speculators are novices and not profitable. [2] This being the case, if all trades were offset, market makers would simply be giving up substantial profits to the interbank market. Offsetting almost certainly does occur, but only when the market maker judges its clients' net position as being exceedingly risky.

The dealing desk operates much like the currency exchange counter at a bank. Interbank exchange rates, those coming in from the interbank system and displayed at the non-dealing desk, are adjusted to incorporate spreads that safegaurd the bank's (in this instance the market makers's) profit before they displayed in the lobby (at the dealing desk) to the retail customer. Dealing desk pricing is, therefore, not a direct reflection of the currency exchange but artificial pricing created and controlled by the originating broker.

The existence of sometimes off-market pricing on retail trading platforms means that arbitrage opportunities may exist, but retail market makers have become highly efficient at removing arbitragers (commonly referred to as "pickers") from their systems or severly limiting their trading activity.

There are only a limited number of retail Forex brokers offering consumers direct access to the interbank Forex market, the vast majority do not for two apparent reasons. First, the number of clearing banks willing to process the orders of private investors is extremely limited so most brokers couldn't offer traders direct access if they wanted to. More importantly, the dealing desk model (e.g. that which is employed by firms such as Gain Capital, SaxoBank, FXCM, GFT, and FX Solutions) is decidedly more profitable, as a large portion of retail traders' losses are directly turned into market maker profits.

Whereas a retail non-dealing desk broker's income is limited to transaction fees (commissions), dealing desk brokers can generate income in a variety of ways because they not only control the trading process, they also control pricing which they can skew at any time to maximize profits and to take advantage of internal and external trading opportunities. As evidence of this, some traders point to the "reorder" or "requote", a market maker counteroffer that is issued in response to a trader's execution order. Instead of the filling an order based on displayed terms, the market maker rejects the order, issuing one that detractors believe favors the market maker's interests.

Perhaps more important is the simple fact that the "rules of the game" for retail speculators are highly disadvantageous. Many lack trading experience and are attracted to the market due to the potential for large returns. Most are severly undercapitalized (account minimums at some firms are as low as 250-500 USD). This is compounded by minimum position sizes, which on most platforms ranges from 10,000 to 100,000 units, forcing some traders to take imprudently large positions. What is perhaps the greatest disadvantage and most dishonest practice of retail Forex firms is defaulting of accounts to extremely high leverage. Professional forex traders rarely use more than 10:1 leverage, yet many retail Forex firms default client accounts to 100:1 or even 200:1, without disclosing that this is highly unusual for currency traders. This drastically increases the risk of a margin call (which, if the speculator's trade is not offset, is pure profit for the market maker).

Dealing desk brokers are market makers. They not only create and manage artificial, off exchange trading environments (markets), they also function as market makers for the interbank system and, thereby, serve as independent and competing sources of liquidity for participating banks. This dual capacity is seen by many as posing an inherent conflict of interest because there is nothing to prevent brokers from taking out (spiking or stop hunting) [3] off-exchange trades.

Like the rebellion that started over a quarter of a century ago that led most small investors to abandon large stock brokerage firms in favor of discount, on-line brokerage firms like Schwab, E-trade, Ameritrade, Datek, and Fidelity, there are those who think retail Forex trading will go much the same way. Investors abandoned large stock brokerage firms not only because the trading costs were lower but because their stockbrokers were more interested in making markets for themselves (churning accounts) and their corporate partners rather than serving the financial needs of the individual trader. Similarly, dealing desk brokers may inevitably be forced to abandon their artificial trading platforms, offering traders direct market access through their non-dealing desks.

According to the Wall Street Journal (Currency Markets Draw Speculation, Fraud July 26, 2005) "Even people running the trading shops warn clients against trying to time the market. 'If 15% of day traders are profitable,' says Drew Niv, chief executive of FXCM, 'I'd be surprised.' " [4]

In the US, "it is unlawful to offer foreign currency futures and option contracts to retail customers unless the offeror is a regulated financial entity" according to the Commodity Futures Trading Commission [5]. Legitimate retail brokers serving traders in the U.S. are most often registered with the CFTC as "futures commission merchants" (FCMs) and are members of the National Futures Association (NFA). Potential clients can check the broker's FCM status at the NFA. Retail forex brokers are much less regulated than stock brokers and there is no protection similar to that from the Securities Investor Protection Corporation. The CFTC has noted an increase in forex scams [6].

Speculation

Controversy about currency speculators and their effect on currency devaluations and national economies recurs regularly. Nevertheless, many economists (e.g. Milton Friedman) argue that speculators perform the important function of providing a market for hedgers and transferring risk from those people who don't wish to bear it, to those who do. Other economists (e.g. Joseph Stiglitz) however, may consider this argument to be based more on politics and a free market philosophy than on economics.

Large hedge funds and other well capitalized "position traders" are the main professional speculators.

Currency speculation is considered a highly suspect activity in many countries. While investment in traditional financial instruments like bonds or stocks often is considered to contribute positively to economic growth by providing capital, currency speculation does not, according to this view. It is simply gambling, that often interferes with economic policy. For example, in 1992, currency speculation forced the Central Bank of Sweden to raise interest rates for a few days to 150% per annum, and later to devalue the krona. Former Malaysian Prime Minister Mahathir Mohamad is one well known proponent of this view [7]. He blamed the devaluation of the Malaysian ringgit in 1997 on George Soros and other speculators.

Gregory Millman reports on an opposing view, comparing speculators to "vigilantes" who simply help "enforce" international agreements and anticipate the effects of basic economic "laws" in order to profit.

In this view, countries may develop unsustainable financial bubbles or otherwise mishandle their national economies, and forex speculators only made the inevitable collapse happen sooner. A relatively quick collapse might even be preferable to continued economic mishandling. Mahathir Mohamad and other critics of speculation are viewed as trying to deflect the blame from themselves for having caused the unsustainable economic conditions.

External links

ForexInterBank Training

Live Forex Call Room

Forex Simulator

ForexInterBank's Complete Forex Course

ForexInterBank's Advanced Strategies Course

Forex Sentinel

Forex Investment Club

ForexInterBank's Customer Reviews

Buy Forex Simulator Now

Labels:

Tuesday, June 06, 2006
Earn thousands of $$$ per Referral !!!
Forex-Affiliate.com - Earn thousands of $$$ per Referral !!!

Thousands of affiliates cannot be wrong! The Forex (currency trading) industry is the world's biggest market on earth, with a daily turnover of 2.5 trillion dollars! Forex-Affiliate.com joins forces with Easy-Forex™ Trading Platform, a world leader in online currency trading. We have affiliates that are making over $100,000 USD per month why not join it's free and easy we will guide you every step of the way.

  • Earn Up To $10,000 USD Per Referral!!!

  • Professional advertising materials (Banners, Text Links, Mini Sites & more)

  • Accurate and reliable statistics, tracking, reporting and display.

  • Fast and reliable cash and commission payments.

  • 24x7 Personal account management, for all affiliates and business partners.

  • Payment options available include wire transfer, credit cards, cheques and Paypal.

  • Highest conversion rates than any other Forex program GUARANTEED!

  • Registration is free. Click Here to sign up now.

    Labels:

  • Monday, June 05, 2006
    New Nice Paying Program ( creativeconcept )
    creativeconcept

    2-2.3% daily
    $10 min/$10k max
    3-5% referral

    Sign Up
    Best HYIP Forums
    GoldenTalk
    http://goldentalk.com

    Get Paid To Earn Forum

    Online money making comunity. Everything about autosurfs, hyips, money cyclers, scams.
    http://getpaidtoearn.com

    h4x
    HYIP, Pay to Surf, Programming forum!
    http://www.h4x.org

    AurumGames forum
    e-currency forum, all about e-currencies: HYIP, MLM, GPT, randomizers, money exchange, debit cards. HYIP forum, MLM forum, GPT forum
    http://casino.xpsweb.com/forum/

    HYIP.org
    A New Forum for HYIP.
    http://www.hyip.org/

    PrivateHYIPs.com
    Private HYIP forum. Paid members only.
    http://www.privatehyips.com/

    TalkGold - E-gold HYIP Forum
    HYIP Forum online
    http://talkgold.com/forum/

    Web Life e-Business Forum
    WebLife HYIP and investing forum/community
    http://www.web-life.org/vb/

    HYIPDebate.com - HYIP discussion
    Hot hyip news, discussions, latest news, private programs, e-currencies, advertising, offshore bankes, forex, sports betting, hyip folders - everything is here!
    http://www.hyipdebate.com

    DX Powerteam
    Forum on all aspects of DX Gold
    http://www.dxpowerteam.com

    Hyip Portal Forum
    HYip Foprum
    http://hyip.forumco.com/Default.asp

    HaoHaoBBs
    A Hyip Forums
    http://www.haohaobbs.net

    HYIP Talk
    A friendly forum for open discussion on making money!
    http://www.hyip-talk.com
    TalkMoney
    TalkMoney.org is The Best Money Making Forum where money makers talks about money making opportunities like HYIPs, e-gold, Matrix Sites, MLM, GPT, Autosurfs, Forex, DxGold, DxInOne, Cyclers, Doublers and More!
    http://www.TalkMoney.org
    The forum about e-gold and HYIP
    Egold Region - The best forum acount e-gold and HYIP
    http://www.egoldregion.com

    Online Money Forum
    Online Money Forum is a community of people working together to earn money online. Join our forum today and discuss all aspects of online money making with other like-minded people.
    http://www.onlinemoneyforum.com

    Yet Another HYIP Forum
    Get paid to post!
    http://www.yahyipforum.com
    House of Profit
    Money making discussion forum
    http://www.hoprofit.com