you can see more about beckham in the end of page
Subscribe to:
Post Comments (Atom)
skip to main |
skip to sidebar
As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 1.5 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies.
FOREX is a more objective market, because if some of its participants would like to change prices, for some manipulative purpose, they would have to operate with tens of billions dollars. That is why any influence by a single participants in the market is practically out of the question. The superior liquidity allows the traders to open and/or close positions within a few seconds. The time of keeping a position is arbitrary and has no limits: from several seconds to many years. It depends only on your trading strategies. Although the daily fluctuations of currencies are rather insignificant, you may use the credit lines, that are accessible even to currency speculators with small capitals ($ 1,000 - 5,000), where the profit may be impressive. (You can learn more about it in the section: The main principles of trading.)
The idea of marginal trading stems from the fact that in FOREX speculative interests can be satisfied without a real money supply. This decreases overhead expenses for transferring money and gives an opportunity to open positions with a small account in US dollars, buying and selling a lot of other currencies. That is, on can conduct transactions very quickly, getting a big profit, when the exchange rates go up or down. Many speculative transactions in the international financial markets are made on the principles of marginal trading.
Margin trading is trading with a borrowed capital. Marginal trading in an exchange market uses lots. 1 lot equals approximately $100,000, but to open it it is necessary to have only from 0.5% to 4% of the sum.
For example, you have analyzed the situation in the market and come to the conclusion that the pound will go up against the dollar. You open 1 lot for buying the pound (GBP) with the margin 1% (1:1000 leverage) at the price of 1.49889 and wait for the exchange rate to go up. Some time later your expectations become true. You close the position at 1.5050 and earn 61 pips (about $ 405). For the calculation of 1 pip click here.
Everyday fluctuations of currencies constitute about 100 to 150 pips, giving FX traders an opportunity to make money on these changes. In FOREX, it's not obligatory to buy some currency first in order to sell it later. It's possible to open positions for buying and selling any currency without actually having it. Usually Internet-brokers establish the minimum deposit such as $ 2000, for working in the FOREX market, and grant a leverage of 1:100. That is, opening the position at $100,000, a trader invests $1,000 and receives $99.000 as a credit. The major currencies traded in FOREX, are Euro (EUR), Japanese yen (JPY), British Pound (GBP), and Swiss Franc (CHF). All of them are traded against the US dollar (USD).
In order to assess the situation in the market a trader has to be able to use fundamental and/or technical analysis, as well as to make decisions in the constantly changing current of information about political and economic character. Most small and medium players in financial markets use technical analysis. Technical analysis presupposes that all the information about the market and its further fluctuations is contained in the price chain. Any factor, that has some influence on the price, be it economic, political or psychological, has already been considered by the market and included in the price. The initial data for a technical analysis are prices: the highest and the lowest prices, the price of opening and closing within a certain period of time, and the volume of transactions.
A technical analysis is founded on three suppositions: Movement of the market considers everything; Movement of prices is purposeful; History repeats itself. That is, technical analysis is a statistical and mathematical analysis of previous quotes and a prognosis of coming prices. A number of technical indicators have been installed into the PRO-CHARTS trading system. Analyzing the indicators one can come to the conclusion about further movements of the quoted currencies. For a more detailed description of the indicators, analyzing price charts and volumes of trading, click here.
Fundamental analysis is an analysis of current situations in the country of the currency, such as its economy, political events, and rumors. The country's economy depends on the rate of inflation and unemployment, on the interest rate of its Central Bank, and on tax policy. Political stability also influences the exchange rate. Policy of the Central Bank has a special role, as concentrated interventions or refusal from them greatly influence the exchange rate. At the same time one should not consider fundamental analysis just as an analysis of the economic situation in the country itself. A far bigger role in the FOREX market belongs to the expectations of the market participants and their assessment of these expectations. Various prognoses and bulletins, issued by the participants, have a strong influence on the expectations. Very often an effect of the so-called self-filfilling prophecy occurs when market players raise or lower the exchange rates according to the prognosis. But a deep and thorough fundamental analysis is available only for big banks with a staff of professional analysts and constant access to a wide field of information.
The Main Principles of Trading In contrast to exchange transactions with real supply or real currency the participants of FOREX use trading with a margin deposit; i.e. marginal or leverage trading. In marginal trading, each transaction has two obligatory stages (they can be divided by period of time, which can be as long as you like): buying (selling) of currency at one price, and then selling (buying) it at another (or at the same) price. The first transaction is called opening the position, the second one, closing the position. Opening a position, a trader furnishes a deposit sum from 0.5 to 4 per cent of the credit line, granted for the transaction. So, in order to buy or sell 100,000 US dollars for Japanese yens, you will not need the whole sum, but only from 500 to 2000 US dollars depending on your policy of controlling risks. When the position is closed, the deposit sum returns, and calculation of profits or losses is done. All the profit or losses caused by the change of currency rates is credited on your account.
Let's take a concrete example of getting a profit from the changing the rate of the Euro, from 0,9162 to 0,9292. If you have anticipated this change by using technical or fundamental analysis, you can buy the Euro cheaper for dollars, and then sell it back at a higher price. For example, if you choose leverage 1:100, then 99,000 dollars of the credit line, granted by the Internet broker, is added to 1000 dollars, and you buy the Euro at the price of 0.9162. As a result of this transaction we get: $ 100,000 / 0.9162 = Euro 109.146, 47. When the rate changes (an average daily change of Euro is about 70 to 100 pips), you close the position and sell the Euro for dollars, but at the rate of 0.9292. You get 109,146. 47*0.9292 =101,418.89 dollars. Your profit is $ 1,418.89. The same transaction with leverage 1:200 would give you $2, 837.78 of profit, with leverage 1:50 the profit would be 709.45, with leverage 1:25 - 354.72. We'd like to remind you that the higher the credit leverage, the higher is your profit if the fluctuation of the currency rate was anticipated correctly. However, if your anticipation was wrong, your losses will be bigger. One cannot feel confident in the FOREX market without a thorough knowledge of the terms used there. Foreign exchange quotes are a relation between currencies.
USDCHF - the cost of $1 in Swiss Francs. USDJPY - the cost of $1 in Japanese yens. EURUSD - the cost of Euro 1 in US dollars. GBPUSD - the cost of 1 GBP in US dollars. That is, quotes are expressed in the units of the second currency for a unit of the first one. For example, quote USDJPY 108,91 shows that $1 costs 108,91 Japanese yens. Quote EURUSD 0.9561 shows that 1 Euro costs 0.9561 US dollars. The last figure in the quote is called "pip". The cost of the pip is different for every currency, and depends on the leverage and current quote. The formula for calculating 1 pip is: 100,000/current quote without commas * K where К=1 at leverage 1:100, К=2 at leverage 1:200, К=0,5 at leverage 1:50, K=0,25 at leverage 1:25. Examples: USDJPY = 108.91 leverage 1:100 100.000 / 10891 х 1 = 9,18 USD EURUSD = 0.9561 leverage1:200 100.000 / 9561 х 2 =20,92 USD GBPUSD and EURUSD are direct quotes, i.e. when the chart goes up, GBP and EUR become more expensive, and when it goes down, the currencies become cheaper. USDCHF and USDJPY are backward quotes, and when the chart grows, prices on CHF and JPY fall, and when the chart goes down, the prices grow. On direct quotes you buy according to ASK and sell according to BID. With backward quotes, you buy according to BID and sell according to ASK . Trading in the FOREX market is realized in lots. When you open a position, you can choose the number of lots you want from 1 to 10. One lot equals $ 100,000. The deposit sum for one lot will vary from $500 to $2000, depending on the credit leverage you choose. Leverage is a financial mechanism that allows crediting speculative transactions with a small deposit. We give you an opportunity to choose a credit leverage in the range of 1:200 to 1:25. In the course of trading you can fix your profit or cut off your losses according to the commands LIMIT and STOP that have been set up. LIMIT is set up higher than the current meaning of the price. STOP is set up lower than the current meaning of the price. With these commands the positions is closed without additional orders when the price reaches the agreed level..
In the process of trading you can create pending positions, that will be activated when the price reaches the agreed level (open price). When creating and closing orders, a temporary delay occurs, and lasts for about 30 to 40 seconds. When you make an inquiry, you are given a real market price, which is the current price at the moment of proposal, not at the moment of inquiry. The process of trading is described in detail in section Description of the Trade Terminal. The main terms that characterize the account: Deal, realization of 2 trade transactions, when currency is bought (sold), and then the reverse conversion is realized. Balance, the sum on the account of a client after the last transaction is conducted. Floating Profit, the current profit on open positions. Floating storage, fee for postponement of an opened position over midnight GMT. Equity = Balance + Floating + Floating storage. Margin requirement, a necessary deposit sum calculated according to the formula 100,000 / K + 100,000 / K, where K = leverage, and the number of items equals the number of open positions. Percentage, index of an account. Percentage = Equity / Margin Requirement. At Percentage lower than 50 % it's impossible to open new positions. Margin call, condition of an account when all opened positions are closed by the Internet broker according to current quotes. It occurs at a Percentage lower than 10%. Please note that contrary to the majority of other companies, in PRO-FOREX.com price levels of client's orders may differ from the current price only by 5 pips. However, very rarely are orders executed worse than requests, because of the high market volatility.
Foreign Exchange Markets Participants of a foreign exchange market The main participants of a foreign exchange market are: Commercial banks Exchange markets Central banks Firms that conduct foreign trade transactions Investment funds Broker companies Private persons Commercial banks conduct the main volume of exchange transactions. Other participants of the market have their accounts at the banks, conducting necessary conversion transactions. Banks accumulate (through transactions with the clients) the combined needs of the market in exchange conversions as well as in calling and distributing money, breaking with it into new banks. Besides satisfying clients' requests, banks can operate independently, using their own assets. In the end, a foreign exchange market is a market of interbank dealings, and when speaking about the exchange rates movement, one should bear in mind the existence of an interbank foreign exchange market. In international foreign exchange markets, international banks with the daily volume of transactions of billions dollars have the biggest influence. These are Barclays Bank, Citibank, Chase Manhatten Bank, Deutsche Bank, Swiss Bank Corporation, Union Bank of Switzerland, etc. Exchange markets Contrary to stock markets and markets for terminal exchange dealings, exchange markets do not work in a definite building and they do not have definite business hours. Thanks to the development of telecommunications most of the leading financial institutions of the world use services of exchange markets directly and via mediators 24 hours a day. The biggest international exchange markets are the London, New York and Tokyo exchange markets. In some countries with transitional economies there are exchange markets for currency exchange by juristic persons and for forming a market exchange rate. The state usually regulates the exchange rate in an active manner, using the compactness of the exchange market.
Central banks control currency reserves, realize interventions that influence the exchange rate, and regulate the interest investment rate in the national currency. The central bank of the United States, the US Federal Reserve Bank, or "FED", has the greatest influence in the international exchange markets. It is followed by the central banks of Germany, (the Deutsche Bundesbank or BUBA) and of Great Britain (the Bank of England, nicknamed the "Old Lady"). Firms that conduct foreign trade transactions. Companies participating in international trade have a stable demand for foreign currency (importers) and supply (exporters). As a rule, these organizations do not have direct access to exchange markets, and they conduct their conversion and deposit transactions via commercial banks. Investment funds. These companies, represented by various international investment, pension,and mutual funds, insurance companies, and trusts, realize the policy of diversified management of portfolio of assets by placing there money in securities of the governments and corporations of different countries. The world-know fund, Quantum, is owned by George Soros, and it executes successful exchange speculations. Big international corporations as Xerox, Nestle, General Motors a.o. that make foreign industrial investments (creating branches, joint ventures etc.), also are firms of this kind. Broker companies bring together a buyer and a seller of foreign currency and conduct a conversion dealing between them. Broker companies take a broker's fee. As a rule, in the FOREX market there is no fee as a per cent from the sum of a transaction, or as a sum agreed in advance. Usually the dealers of broker companies quote currency with a spread, that includes their fee. A broker company, having the information about the asked rates, is a place where the real exchange rate is formed according to closed deals. Commersial banks get their information about the current exchange rate from broker companies. The biggest international broker companies are Lasser Marshall, Harlow Butler, Tullett and Tokio, Coutts, and Tradition. Private persons. Natural persons realize a wide range of non-commercial transactions in the sphere of foreign tourism, transfers of salaries, pensions, royalties, buying and selling foreign currency. This is also the biggest group that realizes speculative exchange transactions.
The working hours of the markets Exchange markets work all the time. Their work in the calendar twenty-four-hour period is started in the Far East, in New Zealand (Wellington), passing the time zones in Sydney, Tokyo, Hong Kong, Singapore, Moscow, Frankfurt-on-Main, London, then finishing the day in New York and Los Angeles. The count of time zones begins from the zero meridian in Greenwich near London, and the time itself is called Greenwich Mean Time (GMT). Depending on the season (summer or winter), the time in different financial centers of the globe will differ from the GMT. The working day of exchange brokers of Western commercial banks starts, as a rule, at 7:30 am by local time. At 8:00 am the dealers are already closing deals. The morning hours are usually devoted to short analyses of events on the international exchange markets at the moment. The dealers use economic and technical analyses of the situation in the market, read analytical articles in newspapers, then exchange points of view and the latest rumors with each other and with dealers from other commercial banks. On the basis of various data, a picture of possible behavior of the exchange rate on the coming day is put together, with variants of all sorts of possible events. By 8:00 am the market, consisting of individual dealers, will have worked out the tactics of its behavior, and it enters the operations of the international exchange market, giving a new and powerful impulse to the movement of the exchange rate. Various territorial markets can be given the following characteristics of an average typical activity during a 24 hour day. Far East. Here the most active deals in the market are conversion transactions with the dollar to the Japanese yen, the dollar to Euro, Euro to yen, and the dollar to the Australian dollar. Very often fluctuations of exchange rates at that time are insignificant, but there are days when currencies, especially the dollar against the yen, make breath-taking flights. Especially so when the central bank of Japan makes an intervention. In Moscow its night and morning at that time, so till noon one can work with Tokyo, till mid-day with Singapore. Western Europe. At 10:00 am Moscow time the market in the European financial centers of Zurich, Frankfurt-on-Main, Paris, Luxembourg are open. However, the really powerful movement of the exchange rate against the main currencies starts after 11:00 am Moscow time, when the London market is opened. This continues, as a rule, for 2 to 3 hours, after that the dealers of the European banks go to have lunch, and the activity of the market falls down a bit. North America. The situation livens up with the opening of the New York market at 4:00 pm Moscow time, when dealers of American banks start working, and when European dealers come back from their lunch. Powers of European and American banks are about equal, that is why fluctuations of the rate do not go out of the limits of usual European fluctuations. Nevertheless, exchange dealers look forward to the opening of the New York market in order to receive fresh data about a possible movement of the rate (the more so if the European market has been sluggish). But when the European market is closed about 7p m or 8pm Moscow time, aggressive American banks, left alone on the "thin" market, are able to cause a sharp change of the exchange rate of the dollar against other currencies.
Major world exchange markets: AMEX - American Stock Exchange BOVESPA - Sao Paulo Stock Exchange CBOT - Chicago Board of Trade CHX - Chicago Stock Exchange CME - Chicago Mercantile Exchange Commodities on the Web - List of the commodities LIFFE - London International Financial Futures and Options Exchange London Stock Exchange -London Stock Exchange Nasdaq NYMEX - New York Mercantile Exchange NYSE - New York Stock Exchange SBF - la Bourse de Paris SES - Singapore Exchange SET - Stock Exchange of Thailand TSE - Tokyo Stock Exchange TSE - Toronto Stock Exchange LSEX - London Stock Exchange CBOE - Chicago Board Options Exchange CBOE PHLX - Philadelphia Stock Exchange.
This is the best place for buy the best things in Undersell , watch sport news and some player info ,and know about Forex
About Me
xo games
The number of world pollution
The number of world pollution
cleander
What is FOREX?
As far as the freedom from any external control and free competition are concerned, FOREX is a perfect market. It is also the biggest liquid financial market. According to various assessments, money masses in the market constitute from 1 to 1.5 trillion US dollars a day. (It is impossible to determine an absolutely exact number because trading is not centralized on an exchange.) Transactions are conducted all over the world via telecommunications 24 hours a day from 00:00 GMT on Monday to 10:00 pm GMT on Friday. Practically in every time zone (that is, in Frankfurt-on-Main, London, New York, Tokyo, Hong Kong, etc.) there are dealers who will quote currencies.
FOREX is a more objective market, because if some of its participants would like to change prices, for some manipulative purpose, they would have to operate with tens of billions dollars. That is why any influence by a single participants in the market is practically out of the question. The superior liquidity allows the traders to open and/or close positions within a few seconds. The time of keeping a position is arbitrary and has no limits: from several seconds to many years. It depends only on your trading strategies. Although the daily fluctuations of currencies are rather insignificant, you may use the credit lines, that are accessible even to currency speculators with small capitals ($ 1,000 - 5,000), where the profit may be impressive. (You can learn more about it in the section: The main principles of trading.)
The idea of marginal trading stems from the fact that in FOREX speculative interests can be satisfied without a real money supply. This decreases overhead expenses for transferring money and gives an opportunity to open positions with a small account in US dollars, buying and selling a lot of other currencies. That is, on can conduct transactions very quickly, getting a big profit, when the exchange rates go up or down. Many speculative transactions in the international financial markets are made on the principles of marginal trading.
Margin trading is trading with a borrowed capital. Marginal trading in an exchange market uses lots. 1 lot equals approximately $100,000, but to open it it is necessary to have only from 0.5% to 4% of the sum.
For example, you have analyzed the situation in the market and come to the conclusion that the pound will go up against the dollar. You open 1 lot for buying the pound (GBP) with the margin 1% (1:1000 leverage) at the price of 1.49889 and wait for the exchange rate to go up. Some time later your expectations become true. You close the position at 1.5050 and earn 61 pips (about $ 405). For the calculation of 1 pip click here.
Everyday fluctuations of currencies constitute about 100 to 150 pips, giving FX traders an opportunity to make money on these changes. In FOREX, it's not obligatory to buy some currency first in order to sell it later. It's possible to open positions for buying and selling any currency without actually having it. Usually Internet-brokers establish the minimum deposit such as $ 2000, for working in the FOREX market, and grant a leverage of 1:100. That is, opening the position at $100,000, a trader invests $1,000 and receives $99.000 as a credit. The major currencies traded in FOREX, are Euro (EUR), Japanese yen (JPY), British Pound (GBP), and Swiss Franc (CHF). All of them are traded against the US dollar (USD).
In order to assess the situation in the market a trader has to be able to use fundamental and/or technical analysis, as well as to make decisions in the constantly changing current of information about political and economic character. Most small and medium players in financial markets use technical analysis. Technical analysis presupposes that all the information about the market and its further fluctuations is contained in the price chain. Any factor, that has some influence on the price, be it economic, political or psychological, has already been considered by the market and included in the price. The initial data for a technical analysis are prices: the highest and the lowest prices, the price of opening and closing within a certain period of time, and the volume of transactions.
A technical analysis is founded on three suppositions: Movement of the market considers everything; Movement of prices is purposeful; History repeats itself. That is, technical analysis is a statistical and mathematical analysis of previous quotes and a prognosis of coming prices. A number of technical indicators have been installed into the PRO-CHARTS trading system. Analyzing the indicators one can come to the conclusion about further movements of the quoted currencies. For a more detailed description of the indicators, analyzing price charts and volumes of trading, click here.
Fundamental analysis is an analysis of current situations in the country of the currency, such as its economy, political events, and rumors. The country's economy depends on the rate of inflation and unemployment, on the interest rate of its Central Bank, and on tax policy. Political stability also influences the exchange rate. Policy of the Central Bank has a special role, as concentrated interventions or refusal from them greatly influence the exchange rate. At the same time one should not consider fundamental analysis just as an analysis of the economic situation in the country itself. A far bigger role in the FOREX market belongs to the expectations of the market participants and their assessment of these expectations. Various prognoses and bulletins, issued by the participants, have a strong influence on the expectations. Very often an effect of the so-called self-filfilling prophecy occurs when market players raise or lower the exchange rates according to the prognosis. But a deep and thorough fundamental analysis is available only for big banks with a staff of professional analysts and constant access to a wide field of information.
The Main Principles of Trading In contrast to exchange transactions with real supply or real currency the participants of FOREX use trading with a margin deposit; i.e. marginal or leverage trading. In marginal trading, each transaction has two obligatory stages (they can be divided by period of time, which can be as long as you like): buying (selling) of currency at one price, and then selling (buying) it at another (or at the same) price. The first transaction is called opening the position, the second one, closing the position. Opening a position, a trader furnishes a deposit sum from 0.5 to 4 per cent of the credit line, granted for the transaction. So, in order to buy or sell 100,000 US dollars for Japanese yens, you will not need the whole sum, but only from 500 to 2000 US dollars depending on your policy of controlling risks. When the position is closed, the deposit sum returns, and calculation of profits or losses is done. All the profit or losses caused by the change of currency rates is credited on your account.
Let's take a concrete example of getting a profit from the changing the rate of the Euro, from 0,9162 to 0,9292. If you have anticipated this change by using technical or fundamental analysis, you can buy the Euro cheaper for dollars, and then sell it back at a higher price. For example, if you choose leverage 1:100, then 99,000 dollars of the credit line, granted by the Internet broker, is added to 1000 dollars, and you buy the Euro at the price of 0.9162. As a result of this transaction we get: $ 100,000 / 0.9162 = Euro 109.146, 47. When the rate changes (an average daily change of Euro is about 70 to 100 pips), you close the position and sell the Euro for dollars, but at the rate of 0.9292. You get 109,146. 47*0.9292 =101,418.89 dollars. Your profit is $ 1,418.89. The same transaction with leverage 1:200 would give you $2, 837.78 of profit, with leverage 1:50 the profit would be 709.45, with leverage 1:25 - 354.72. We'd like to remind you that the higher the credit leverage, the higher is your profit if the fluctuation of the currency rate was anticipated correctly. However, if your anticipation was wrong, your losses will be bigger. One cannot feel confident in the FOREX market without a thorough knowledge of the terms used there. Foreign exchange quotes are a relation between currencies.
USDCHF - the cost of $1 in Swiss Francs. USDJPY - the cost of $1 in Japanese yens. EURUSD - the cost of Euro 1 in US dollars. GBPUSD - the cost of 1 GBP in US dollars. That is, quotes are expressed in the units of the second currency for a unit of the first one. For example, quote USDJPY 108,91 shows that $1 costs 108,91 Japanese yens. Quote EURUSD 0.9561 shows that 1 Euro costs 0.9561 US dollars. The last figure in the quote is called "pip". The cost of the pip is different for every currency, and depends on the leverage and current quote. The formula for calculating 1 pip is: 100,000/current quote without commas * K where К=1 at leverage 1:100, К=2 at leverage 1:200, К=0,5 at leverage 1:50, K=0,25 at leverage 1:25. Examples: USDJPY = 108.91 leverage 1:100 100.000 / 10891 х 1 = 9,18 USD EURUSD = 0.9561 leverage1:200 100.000 / 9561 х 2 =20,92 USD GBPUSD and EURUSD are direct quotes, i.e. when the chart goes up, GBP and EUR become more expensive, and when it goes down, the currencies become cheaper. USDCHF and USDJPY are backward quotes, and when the chart grows, prices on CHF and JPY fall, and when the chart goes down, the prices grow. On direct quotes you buy according to ASK and sell according to BID. With backward quotes, you buy according to BID and sell according to ASK . Trading in the FOREX market is realized in lots. When you open a position, you can choose the number of lots you want from 1 to 10. One lot equals $ 100,000. The deposit sum for one lot will vary from $500 to $2000, depending on the credit leverage you choose. Leverage is a financial mechanism that allows crediting speculative transactions with a small deposit. We give you an opportunity to choose a credit leverage in the range of 1:200 to 1:25. In the course of trading you can fix your profit or cut off your losses according to the commands LIMIT and STOP that have been set up. LIMIT is set up higher than the current meaning of the price. STOP is set up lower than the current meaning of the price. With these commands the positions is closed without additional orders when the price reaches the agreed level..
In the process of trading you can create pending positions, that will be activated when the price reaches the agreed level (open price). When creating and closing orders, a temporary delay occurs, and lasts for about 30 to 40 seconds. When you make an inquiry, you are given a real market price, which is the current price at the moment of proposal, not at the moment of inquiry. The process of trading is described in detail in section Description of the Trade Terminal. The main terms that characterize the account: Deal, realization of 2 trade transactions, when currency is bought (sold), and then the reverse conversion is realized. Balance, the sum on the account of a client after the last transaction is conducted. Floating Profit, the current profit on open positions. Floating storage, fee for postponement of an opened position over midnight GMT. Equity = Balance + Floating + Floating storage. Margin requirement, a necessary deposit sum calculated according to the formula 100,000 / K + 100,000 / K, where K = leverage, and the number of items equals the number of open positions. Percentage, index of an account. Percentage = Equity / Margin Requirement. At Percentage lower than 50 % it's impossible to open new positions. Margin call, condition of an account when all opened positions are closed by the Internet broker according to current quotes. It occurs at a Percentage lower than 10%. Please note that contrary to the majority of other companies, in PRO-FOREX.com price levels of client's orders may differ from the current price only by 5 pips. However, very rarely are orders executed worse than requests, because of the high market volatility.
Foreign Exchange Markets Participants of a foreign exchange market The main participants of a foreign exchange market are: Commercial banks Exchange markets Central banks Firms that conduct foreign trade transactions Investment funds Broker companies Private persons Commercial banks conduct the main volume of exchange transactions. Other participants of the market have their accounts at the banks, conducting necessary conversion transactions. Banks accumulate (through transactions with the clients) the combined needs of the market in exchange conversions as well as in calling and distributing money, breaking with it into new banks. Besides satisfying clients' requests, banks can operate independently, using their own assets. In the end, a foreign exchange market is a market of interbank dealings, and when speaking about the exchange rates movement, one should bear in mind the existence of an interbank foreign exchange market. In international foreign exchange markets, international banks with the daily volume of transactions of billions dollars have the biggest influence. These are Barclays Bank, Citibank, Chase Manhatten Bank, Deutsche Bank, Swiss Bank Corporation, Union Bank of Switzerland, etc. Exchange markets Contrary to stock markets and markets for terminal exchange dealings, exchange markets do not work in a definite building and they do not have definite business hours. Thanks to the development of telecommunications most of the leading financial institutions of the world use services of exchange markets directly and via mediators 24 hours a day. The biggest international exchange markets are the London, New York and Tokyo exchange markets. In some countries with transitional economies there are exchange markets for currency exchange by juristic persons and for forming a market exchange rate. The state usually regulates the exchange rate in an active manner, using the compactness of the exchange market.
Central banks control currency reserves, realize interventions that influence the exchange rate, and regulate the interest investment rate in the national currency. The central bank of the United States, the US Federal Reserve Bank, or "FED", has the greatest influence in the international exchange markets. It is followed by the central banks of Germany, (the Deutsche Bundesbank or BUBA) and of Great Britain (the Bank of England, nicknamed the "Old Lady"). Firms that conduct foreign trade transactions. Companies participating in international trade have a stable demand for foreign currency (importers) and supply (exporters). As a rule, these organizations do not have direct access to exchange markets, and they conduct their conversion and deposit transactions via commercial banks. Investment funds. These companies, represented by various international investment, pension,and mutual funds, insurance companies, and trusts, realize the policy of diversified management of portfolio of assets by placing there money in securities of the governments and corporations of different countries. The world-know fund, Quantum, is owned by George Soros, and it executes successful exchange speculations. Big international corporations as Xerox, Nestle, General Motors a.o. that make foreign industrial investments (creating branches, joint ventures etc.), also are firms of this kind. Broker companies bring together a buyer and a seller of foreign currency and conduct a conversion dealing between them. Broker companies take a broker's fee. As a rule, in the FOREX market there is no fee as a per cent from the sum of a transaction, or as a sum agreed in advance. Usually the dealers of broker companies quote currency with a spread, that includes their fee. A broker company, having the information about the asked rates, is a place where the real exchange rate is formed according to closed deals. Commersial banks get their information about the current exchange rate from broker companies. The biggest international broker companies are Lasser Marshall, Harlow Butler, Tullett and Tokio, Coutts, and Tradition. Private persons. Natural persons realize a wide range of non-commercial transactions in the sphere of foreign tourism, transfers of salaries, pensions, royalties, buying and selling foreign currency. This is also the biggest group that realizes speculative exchange transactions.
The working hours of the markets Exchange markets work all the time. Their work in the calendar twenty-four-hour period is started in the Far East, in New Zealand (Wellington), passing the time zones in Sydney, Tokyo, Hong Kong, Singapore, Moscow, Frankfurt-on-Main, London, then finishing the day in New York and Los Angeles. The count of time zones begins from the zero meridian in Greenwich near London, and the time itself is called Greenwich Mean Time (GMT). Depending on the season (summer or winter), the time in different financial centers of the globe will differ from the GMT. The working day of exchange brokers of Western commercial banks starts, as a rule, at 7:30 am by local time. At 8:00 am the dealers are already closing deals. The morning hours are usually devoted to short analyses of events on the international exchange markets at the moment. The dealers use economic and technical analyses of the situation in the market, read analytical articles in newspapers, then exchange points of view and the latest rumors with each other and with dealers from other commercial banks. On the basis of various data, a picture of possible behavior of the exchange rate on the coming day is put together, with variants of all sorts of possible events. By 8:00 am the market, consisting of individual dealers, will have worked out the tactics of its behavior, and it enters the operations of the international exchange market, giving a new and powerful impulse to the movement of the exchange rate. Various territorial markets can be given the following characteristics of an average typical activity during a 24 hour day. Far East. Here the most active deals in the market are conversion transactions with the dollar to the Japanese yen, the dollar to Euro, Euro to yen, and the dollar to the Australian dollar. Very often fluctuations of exchange rates at that time are insignificant, but there are days when currencies, especially the dollar against the yen, make breath-taking flights. Especially so when the central bank of Japan makes an intervention. In Moscow its night and morning at that time, so till noon one can work with Tokyo, till mid-day with Singapore. Western Europe. At 10:00 am Moscow time the market in the European financial centers of Zurich, Frankfurt-on-Main, Paris, Luxembourg are open. However, the really powerful movement of the exchange rate against the main currencies starts after 11:00 am Moscow time, when the London market is opened. This continues, as a rule, for 2 to 3 hours, after that the dealers of the European banks go to have lunch, and the activity of the market falls down a bit. North America. The situation livens up with the opening of the New York market at 4:00 pm Moscow time, when dealers of American banks start working, and when European dealers come back from their lunch. Powers of European and American banks are about equal, that is why fluctuations of the rate do not go out of the limits of usual European fluctuations. Nevertheless, exchange dealers look forward to the opening of the New York market in order to receive fresh data about a possible movement of the rate (the more so if the European market has been sluggish). But when the European market is closed about 7p m or 8pm Moscow time, aggressive American banks, left alone on the "thin" market, are able to cause a sharp change of the exchange rate of the dollar against other currencies.
Major world exchange markets: AMEX - American Stock Exchange BOVESPA - Sao Paulo Stock Exchange CBOT - Chicago Board of Trade CHX - Chicago Stock Exchange CME - Chicago Mercantile Exchange Commodities on the Web - List of the commodities LIFFE - London International Financial Futures and Options Exchange London Stock Exchange -London Stock Exchange Nasdaq NYMEX - New York Mercantile Exchange NYSE - New York Stock Exchange SBF - la Bourse de Paris SES - Singapore Exchange SET - Stock Exchange of Thailand TSE - Tokyo Stock Exchange TSE - Toronto Stock Exchange LSEX - London Stock Exchange CBOE - Chicago Board Options Exchange CBOE PHLX - Philadelphia Stock Exchange.
David Beckham
Biography for
David Beckham
Date of Birth 2 May 1975, Leytonstone, London, England, UK
Birth Name David Robert Joseph Beckham
NicknameDave Becks Golden Balls DB7
Height5' 11¾" (1.82 m)
Mini Biography
David Beckham is one of Britain's most iconic athletes whose name is also an elite global advertising brand. He was captain of the English national team from 2000 to 2006, scored in three different FIFA World Cups, and played midfield for clubs in Manchester, England and Madrid, Spain, before agreeing to move to Los Angeles, to play for Los Angeles Galaxy team on a five year contract beginning on July 1, 2007.He was born David Robert Joseph Beckham on May 2, 1975, in Leytonstone, East London, England, son of Ted Beckham, a kitchen fitter, and Sandra West, a hairdresser. Beckham's maternal grandfather is Jewish, and he has been mentioning the religion as influence; he wears a tattoo written in Hebrew from the 'Song of Songs' in the Hebrew Bible (Old Testament), albeit he is not known to practice Judaism or any other faith. Beckham has always played in long sleeve shirts to cover up his tattoos in consideration of others who may feel uncomfortable due to their beliefs.He was brought up by his parents, supporters of Manchester United, attended Bobby Charlton's football school in Manchester, and won a spot in a training session at FC Barcelona as a child. In 1986 he was a Manchester United's mascot for a match against West Ham United. From 1992 - 2003 Beckham made almost 400 appearances for Manchester United and scored 85 goals, although his official record counts only 62 goals in 265 official senior team's matches. In the 1998 FIFA World Cup he played all of England's qualifying matches and scored in several important victories. He received a red card for violent conduct in England's match against Argentina, albeit his opponent later admitted to trying to send Beckham off by over-reacting to their contact during the game and by urging the referee to send Beckham off. After losing the game England was eliminated, Beckham was made a scapegoat and became the target of criticism and abuse in media.He had a good season in 1999 - 2000 and helped Manchester United to win the Premier League. At that time he married singer Victoria Beckham from the popular group Spice Girls, and the couple had their first son, Brooklyn, born in 1999. That same year Beckham was given a permission to miss training routine, in order to look after his son Brooklyn, who suffered from a stomach infection. Meanwhile, the Manchester United's manager, Alex Ferguson, fined Beckham £50,000 (about $80,000 then) the maximum amount that was permitted, for babysitting with his sick child, while his wife was spotted at a London fashion Week event on the same night. Ferguson's claim that Beckham should be able to train if his wife stayed home that day, caused a serious personal tension between two men. In February 2003, following the defeat to Arsenal, the Manchester United's manager Alex Ferguson entered the changing room and kicked a football boot that struck Beckham over the eye, causing a cut that required stitches.David Beckham has been a good scorer and a major attraction for public. On the field he has been demonstrating his consistent ability to see a big picture even under severe pressure during the most rapidly changing and unpredictable games. His field vision has been remarkable, allowing him to create many assists in a number of important matches. Beckham's forte has been his delivery from the right-hand side as well as his efficient free kicks. His superior performances in the midfield position has required a higher physical endurance through the entire game. "David Beckham's right foot" was mentioned, although humorously, as one of British national treasures in the movie Love Actually (2003).He signed a four-year contract with Real Madrid, beginning on July 1, 2003, and worth a potential 40 million dollars. In Madrid, Beckham was not allowed to wear his favorite number seven, because another player had the right to wear it written into his contract. Beckham decided to wear the number 23 instead, being a big fan of Michael Jordan. He immediately became popular with the Real Madrid fans, but the team did not perform well enough to win either the Spanish League or the Champions League. However, Beckham remained a reliable scorer and his performances attracted more public. His shirts sales and other merchandising deals remained lucrative for the club, which continued to under-perform, regardless of the Real's management's higher expectations.In 2005 Beckham became a UNICEF Goodwill Ambassador. He was also involved in promoting London's successful bid for the 2012 Olympic Games. His third season in Madrid was unremarkable, and he was criticized a lot, mainly because the team finished second to Barcelona in Spanish "La Liga" and lost to Arsenal in the European Champions League. However, during that season, he expanded his international presence by establishing football academies in Los Angeles and East London. During the FIFA World Cup 2006, he played for England, and became the first ever English player to score in three World Cups. In the quarter final game against Portugal, Beckham was replaced because of his injury in the middle of the game. Without him the English team lost and was knocked out of the World Cup.In June 2007 Beckham played his final game for Real Madrid, winning a medal and celebrating with his friends Tom and Katie Cruse, who attended the game. This was his fourth, and last season there, ending his contract with the club. He announced that he had signed a five-year contract to play for the Los Angeles Galaxy from July 1, 2007 through June 2012. The 5-year deal includes up to $10 million a year in direct salary, and with merchandising endorsements and profit-sharing could earn Beckham up to $50 million a year, and may end up worth about $250 million in five years, making him one of the highest earning athletes of all time.The Beckhams, who have become known as "Posh and Becks", have three sons: Brooklyn Joseph Beckham (born 1999), Romeo James Beckham (born 2002), and Cruz David Beckham (born 2005) who was named "Cruz" in honor of their friend Tom Cruise.IMDb Mini Biography By: Steve Shelokhonov
Spouse
Victoria Beckham
(4 July 1999 - present) 3 children
Trade Mark
Number 7 shirt for Manchester United and England
Number 23 shirt for Real Madrid and Los Angeles Galaxy
Trivia
Engaged to "Posh Spice" Victoria Adams, who's part of the British Pop group The Spice Girls. [25 January 1998]
Father of Brooklyn Beckham. The couple picked the name "Brooklyn" because they were in Brooklyn when they found out Victoria was pregnant.
Won the treble with Manchester United (Premiership, FA Cup and UEFA Champions League). [1999]
His first goal for England came at the Stade Felix-Bollaert in Lens in the 2-0 victory against Colombia on June 26 1998 during the World Cup.
Voted the #1 best male body in "Celebrity Bodies" (UK) magazine. [October 2001]
Voted best dressed male by readers of "Heat" (UK) magazine. [December 2001]
He began his footballing career at the age of 17.
Welcomed second child son Romeo Beckham on September 1, 2002. The baby weighed 7lbs 4oz.
Has been dubbed a master of set-pieces specialising in free-kicks and has developed one which is known around the world as the 'Beckham', which involves lifting the ball over the 'wall', sending it towards the far post, but bending it back to the near post confusing the keeper and having the ball just dip under the bar for the goal.
Scored on his first team debut in the European Cup against Galatasaray.
Was signed by Manchester United to their youth training program at the age of 14. His youth team also featured the Neville brothers, Nicky Butt and Paul Scholes - his current team mates.
Voted the 91st worst Briton in Channel Four's poll of the 100 Worst Britons. [11 May 2003]
17th June 2003 - signed a 4 year deal worth £24.5m to play for Real Madrid.
He began his soccer career at the age of 17.
Former Manchester United footballer.
Signed new contract with Manchester United until 2005, making him the highest paid footballer in Britain at that moment - though he would be sold to Real Madrid a year later. [May 2002]
Was signed by Manchester United to their youth training program at the age of 14. His youth team also featured the Neville brothers, Nicky Butt and Paul Scholes - his eventual (now former) team mates.
Declared he will retain the England captaincy, despite criticism for poor performances and two missed penalties in Euro' 2004. [June 2004]
In November 1996, Beckham was abroad on his first trip with the England squad, in Tbilisi, Georgia. There, he saw the video that would change his life. It was "Say You'll Be There" by the Spice Girls. Beckham pointed at the screen and said to his best friend Gary Neville that the girl dressed in a black PVC catsuit (Victoria) was the woman he wanted and if she wanted him, they would be together for ever. A few months later, they began dating.
David and Victoria held a lavish, star-studded party for the christening of their two sons, Brooklyn, 5, and Romeo, 2. The ceremony was held on the grounds of the Beckhams' Hertfordshire mansion (23 December 2004).
Third son, Cruz Beckham, born in Madrid [20 February 2005].
Was famously sent off against Argentina in the 1998 World Cup in France for retaliation.
He wears a new pair of football boots for every game he plays at an estimated cost of £300 a pair.
Had his likeness made out of a napkin in "American Dad!" (2005) by Roger the Alien.
The godfather of his sons, Brooklyn & Romeo, is Elton John
Among the guests at his 30th birthday party were Elizabeth Hurley, Elle Macpherson and Geri Halliwell.
He played for England in the 1998, 2002 and 2006 FIFA World Cups of Soccer. He was named captain for the national team in 2000 but announced his resignation from that prestigious position on 2 July 2006 (the day after England were knocked out of the 2006 World Cup).
He played for England in the 2006 FIFA World Cup of Soccer.
Gary Neville - his teammate in the national English football team - was best man at his wedding.
Stood down as England captain after they were knocked out of the 2006 FIFA World Cup (2 July 2006).
Relinquished the captaincy of England after the team's quarter-final defeat to Portugal in the World Cup. [2 July 2006]
Godmother of his sons Romeo and Brooklyn is Elizabeth Hurley.
Chosen one of "Time" magazine's Time 100 in 2004.
After Real Madrid announced he would not remain there after the end of the 2006-2007 season, he signed a five-year-deal for the Los Angeles Galaxy, earning up to $50 million dollar a year in direct salary, with endorsements and profit-sharing.
Is mentioned in Love Actually (2003) when Hugh Grant's character lists "David Beckham's right foot" as one of the things that make Britain great.
Won the Spanish La Liga title with Real Madrid before his transfer to LA Galaxy.
He and his wife Victoria have three sons. Their names are Brooklyn Joseph (March 4, 1999), Romeo James (September 1, 2002), and Cruz David (February 20, 2005).
Was among the guests at Tom Cruise's and Katie Holmes' wedding ceremony in Italy.
Suffers from ornithophobia (fear of birds).
Godfather to Davinia Taylor's and Dave Gordon's son Grey.
In 2007, Forbes Magazine estimated his salary for the year to be $33 million.
Personal Quotes
"I dream a lot about football and a lot of them have come true for me."
"The England team should be managed by an English manager."
"Whenever Man Utd lose people always say there's a crisis."
"As a footballer you always want to test yourself against the best."
"If someone had said in 1998 after my sending off in the World Cup that I would be leading my country out within three years I would have laughed in their face."
"In Spain people have lunch and dinner a lot later - when I return to England I'll have to eat alone at midnight."
"Pelé was a complete player. I didn't see him live obviously, because I wasn't born."
"Well, I can play in the centre, on the right and occasionally on the left side" - when asked if he thought that he was a volatile player
"I like Victoria for herself, not for nothing else. I'd like her if she worked in Tesco."
"Shopping!" - Beckham describing his strengths
"At home things are hard. For instance, my curtains are never open, I get no privacy at all. In fact, I can't remember the last time I saw daylight in my house."
"I think the most important goal I scored in Spain was the first one because people were wary about me coming over to Spain as a player - they thought I was just there to sell shirts."
On Real Madrid: "To experience playing and being in the same team as these players is something that might not ever happen again - to have so many players in one team. I just wanted to be one of these stars and play in this team."
"Alex Ferguson is the best manager I've ever had at this level. Well, he's the only manager I've actually had at this level. But he's the best manager I've ever had."
"I definitely want (my son) Brooklyn to be christened, but I don't know into what religion yet."
"During the past few months, I have become accustomed to reading more and more ludicrous stories about my private life. The simple truth is that I am very happily married, have a wonderful wife and two very special kids. There is nothing that any third party can do to change these facts." - denying any affair with his former personal assistant, Rebecca Loos. [April 2004]
"The way I and my family have been treated is an absolute disgrace. At the end of the day, I'm a nice person and loving husband and father. I've been called a bad father, I've been called a bad husband and my wife has been called a bad mother. Things always hurt that are said about my family, and for people to call my wife a bad mother is unbelievable. I'm a strong person, I'm a strong family man, I'm a strong husband and a strong father."
"I always wanted to be a hairdresser."
"People can say what they like. But me and Victoria will always stay together as husband and wife."
"I've got more clothes than Victoria."
It's one thing I like about America - they respect the sportsman. They put them up on a pedestal. They don't try to knock them down. And that's a great thing, to be respected by the whole country. It's so patriotic!
"You can practice penalties till the cows come home but it is different when you are out there in front of 60,000 people and the pressure is on."
"I have come to accept that if I have a new haircut it is front page news. But having a picture of my foot on the front page of a national newspaper is a bit exceptional."
Where Are They Now
(June 2003) Signs up for Spanish soccer team Real Madrid.
(July 2005) Is in Japan playing a tournament with his team Real Madrid
(2003) Release of the #1 International best-selling book, "Beckham - Both Feet on the Ground".
(June 2007) A member of the Real Madrid team who won the Spanish League season 2006/2007 after the game against Majorca (Real Madrid 3 - Majorca 1)
David Beckham
Date of Birth 2 May 1975, Leytonstone, London, England, UK
Birth Name David Robert Joseph Beckham
NicknameDave Becks Golden Balls DB7
Height5' 11¾" (1.82 m)
Mini Biography
David Beckham is one of Britain's most iconic athletes whose name is also an elite global advertising brand. He was captain of the English national team from 2000 to 2006, scored in three different FIFA World Cups, and played midfield for clubs in Manchester, England and Madrid, Spain, before agreeing to move to Los Angeles, to play for Los Angeles Galaxy team on a five year contract beginning on July 1, 2007.He was born David Robert Joseph Beckham on May 2, 1975, in Leytonstone, East London, England, son of Ted Beckham, a kitchen fitter, and Sandra West, a hairdresser. Beckham's maternal grandfather is Jewish, and he has been mentioning the religion as influence; he wears a tattoo written in Hebrew from the 'Song of Songs' in the Hebrew Bible (Old Testament), albeit he is not known to practice Judaism or any other faith. Beckham has always played in long sleeve shirts to cover up his tattoos in consideration of others who may feel uncomfortable due to their beliefs.He was brought up by his parents, supporters of Manchester United, attended Bobby Charlton's football school in Manchester, and won a spot in a training session at FC Barcelona as a child. In 1986 he was a Manchester United's mascot for a match against West Ham United. From 1992 - 2003 Beckham made almost 400 appearances for Manchester United and scored 85 goals, although his official record counts only 62 goals in 265 official senior team's matches. In the 1998 FIFA World Cup he played all of England's qualifying matches and scored in several important victories. He received a red card for violent conduct in England's match against Argentina, albeit his opponent later admitted to trying to send Beckham off by over-reacting to their contact during the game and by urging the referee to send Beckham off. After losing the game England was eliminated, Beckham was made a scapegoat and became the target of criticism and abuse in media.He had a good season in 1999 - 2000 and helped Manchester United to win the Premier League. At that time he married singer Victoria Beckham from the popular group Spice Girls, and the couple had their first son, Brooklyn, born in 1999. That same year Beckham was given a permission to miss training routine, in order to look after his son Brooklyn, who suffered from a stomach infection. Meanwhile, the Manchester United's manager, Alex Ferguson, fined Beckham £50,000 (about $80,000 then) the maximum amount that was permitted, for babysitting with his sick child, while his wife was spotted at a London fashion Week event on the same night. Ferguson's claim that Beckham should be able to train if his wife stayed home that day, caused a serious personal tension between two men. In February 2003, following the defeat to Arsenal, the Manchester United's manager Alex Ferguson entered the changing room and kicked a football boot that struck Beckham over the eye, causing a cut that required stitches.David Beckham has been a good scorer and a major attraction for public. On the field he has been demonstrating his consistent ability to see a big picture even under severe pressure during the most rapidly changing and unpredictable games. His field vision has been remarkable, allowing him to create many assists in a number of important matches. Beckham's forte has been his delivery from the right-hand side as well as his efficient free kicks. His superior performances in the midfield position has required a higher physical endurance through the entire game. "David Beckham's right foot" was mentioned, although humorously, as one of British national treasures in the movie Love Actually (2003).He signed a four-year contract with Real Madrid, beginning on July 1, 2003, and worth a potential 40 million dollars. In Madrid, Beckham was not allowed to wear his favorite number seven, because another player had the right to wear it written into his contract. Beckham decided to wear the number 23 instead, being a big fan of Michael Jordan. He immediately became popular with the Real Madrid fans, but the team did not perform well enough to win either the Spanish League or the Champions League. However, Beckham remained a reliable scorer and his performances attracted more public. His shirts sales and other merchandising deals remained lucrative for the club, which continued to under-perform, regardless of the Real's management's higher expectations.In 2005 Beckham became a UNICEF Goodwill Ambassador. He was also involved in promoting London's successful bid for the 2012 Olympic Games. His third season in Madrid was unremarkable, and he was criticized a lot, mainly because the team finished second to Barcelona in Spanish "La Liga" and lost to Arsenal in the European Champions League. However, during that season, he expanded his international presence by establishing football academies in Los Angeles and East London. During the FIFA World Cup 2006, he played for England, and became the first ever English player to score in three World Cups. In the quarter final game against Portugal, Beckham was replaced because of his injury in the middle of the game. Without him the English team lost and was knocked out of the World Cup.In June 2007 Beckham played his final game for Real Madrid, winning a medal and celebrating with his friends Tom and Katie Cruse, who attended the game. This was his fourth, and last season there, ending his contract with the club. He announced that he had signed a five-year contract to play for the Los Angeles Galaxy from July 1, 2007 through June 2012. The 5-year deal includes up to $10 million a year in direct salary, and with merchandising endorsements and profit-sharing could earn Beckham up to $50 million a year, and may end up worth about $250 million in five years, making him one of the highest earning athletes of all time.The Beckhams, who have become known as "Posh and Becks", have three sons: Brooklyn Joseph Beckham (born 1999), Romeo James Beckham (born 2002), and Cruz David Beckham (born 2005) who was named "Cruz" in honor of their friend Tom Cruise.IMDb Mini Biography By: Steve Shelokhonov
Spouse
Victoria Beckham
(4 July 1999 - present) 3 children
Trade Mark
Number 7 shirt for Manchester United and England
Number 23 shirt for Real Madrid and Los Angeles Galaxy
Trivia
Engaged to "Posh Spice" Victoria Adams, who's part of the British Pop group The Spice Girls. [25 January 1998]
Father of Brooklyn Beckham. The couple picked the name "Brooklyn" because they were in Brooklyn when they found out Victoria was pregnant.
Won the treble with Manchester United (Premiership, FA Cup and UEFA Champions League). [1999]
His first goal for England came at the Stade Felix-Bollaert in Lens in the 2-0 victory against Colombia on June 26 1998 during the World Cup.
Voted the #1 best male body in "Celebrity Bodies" (UK) magazine. [October 2001]
Voted best dressed male by readers of "Heat" (UK) magazine. [December 2001]
He began his footballing career at the age of 17.
Welcomed second child son Romeo Beckham on September 1, 2002. The baby weighed 7lbs 4oz.
Has been dubbed a master of set-pieces specialising in free-kicks and has developed one which is known around the world as the 'Beckham', which involves lifting the ball over the 'wall', sending it towards the far post, but bending it back to the near post confusing the keeper and having the ball just dip under the bar for the goal.
Scored on his first team debut in the European Cup against Galatasaray.
Was signed by Manchester United to their youth training program at the age of 14. His youth team also featured the Neville brothers, Nicky Butt and Paul Scholes - his current team mates.
Voted the 91st worst Briton in Channel Four's poll of the 100 Worst Britons. [11 May 2003]
17th June 2003 - signed a 4 year deal worth £24.5m to play for Real Madrid.
He began his soccer career at the age of 17.
Former Manchester United footballer.
Signed new contract with Manchester United until 2005, making him the highest paid footballer in Britain at that moment - though he would be sold to Real Madrid a year later. [May 2002]
Was signed by Manchester United to their youth training program at the age of 14. His youth team also featured the Neville brothers, Nicky Butt and Paul Scholes - his eventual (now former) team mates.
Declared he will retain the England captaincy, despite criticism for poor performances and two missed penalties in Euro' 2004. [June 2004]
In November 1996, Beckham was abroad on his first trip with the England squad, in Tbilisi, Georgia. There, he saw the video that would change his life. It was "Say You'll Be There" by the Spice Girls. Beckham pointed at the screen and said to his best friend Gary Neville that the girl dressed in a black PVC catsuit (Victoria) was the woman he wanted and if she wanted him, they would be together for ever. A few months later, they began dating.
David and Victoria held a lavish, star-studded party for the christening of their two sons, Brooklyn, 5, and Romeo, 2. The ceremony was held on the grounds of the Beckhams' Hertfordshire mansion (23 December 2004).
Third son, Cruz Beckham, born in Madrid [20 February 2005].
Was famously sent off against Argentina in the 1998 World Cup in France for retaliation.
He wears a new pair of football boots for every game he plays at an estimated cost of £300 a pair.
Had his likeness made out of a napkin in "American Dad!" (2005) by Roger the Alien.
The godfather of his sons, Brooklyn & Romeo, is Elton John
Among the guests at his 30th birthday party were Elizabeth Hurley, Elle Macpherson and Geri Halliwell.
He played for England in the 1998, 2002 and 2006 FIFA World Cups of Soccer. He was named captain for the national team in 2000 but announced his resignation from that prestigious position on 2 July 2006 (the day after England were knocked out of the 2006 World Cup).
He played for England in the 2006 FIFA World Cup of Soccer.
Gary Neville - his teammate in the national English football team - was best man at his wedding.
Stood down as England captain after they were knocked out of the 2006 FIFA World Cup (2 July 2006).
Relinquished the captaincy of England after the team's quarter-final defeat to Portugal in the World Cup. [2 July 2006]
Godmother of his sons Romeo and Brooklyn is Elizabeth Hurley.
Chosen one of "Time" magazine's Time 100 in 2004.
After Real Madrid announced he would not remain there after the end of the 2006-2007 season, he signed a five-year-deal for the Los Angeles Galaxy, earning up to $50 million dollar a year in direct salary, with endorsements and profit-sharing.
Is mentioned in Love Actually (2003) when Hugh Grant's character lists "David Beckham's right foot" as one of the things that make Britain great.
Won the Spanish La Liga title with Real Madrid before his transfer to LA Galaxy.
He and his wife Victoria have three sons. Their names are Brooklyn Joseph (March 4, 1999), Romeo James (September 1, 2002), and Cruz David (February 20, 2005).
Was among the guests at Tom Cruise's and Katie Holmes' wedding ceremony in Italy.
Suffers from ornithophobia (fear of birds).
Godfather to Davinia Taylor's and Dave Gordon's son Grey.
In 2007, Forbes Magazine estimated his salary for the year to be $33 million.
Personal Quotes
"I dream a lot about football and a lot of them have come true for me."
"The England team should be managed by an English manager."
"Whenever Man Utd lose people always say there's a crisis."
"As a footballer you always want to test yourself against the best."
"If someone had said in 1998 after my sending off in the World Cup that I would be leading my country out within three years I would have laughed in their face."
"In Spain people have lunch and dinner a lot later - when I return to England I'll have to eat alone at midnight."
"Pelé was a complete player. I didn't see him live obviously, because I wasn't born."
"Well, I can play in the centre, on the right and occasionally on the left side" - when asked if he thought that he was a volatile player
"I like Victoria for herself, not for nothing else. I'd like her if she worked in Tesco."
"Shopping!" - Beckham describing his strengths
"At home things are hard. For instance, my curtains are never open, I get no privacy at all. In fact, I can't remember the last time I saw daylight in my house."
"I think the most important goal I scored in Spain was the first one because people were wary about me coming over to Spain as a player - they thought I was just there to sell shirts."
On Real Madrid: "To experience playing and being in the same team as these players is something that might not ever happen again - to have so many players in one team. I just wanted to be one of these stars and play in this team."
"Alex Ferguson is the best manager I've ever had at this level. Well, he's the only manager I've actually had at this level. But he's the best manager I've ever had."
"I definitely want (my son) Brooklyn to be christened, but I don't know into what religion yet."
"During the past few months, I have become accustomed to reading more and more ludicrous stories about my private life. The simple truth is that I am very happily married, have a wonderful wife and two very special kids. There is nothing that any third party can do to change these facts." - denying any affair with his former personal assistant, Rebecca Loos. [April 2004]
"The way I and my family have been treated is an absolute disgrace. At the end of the day, I'm a nice person and loving husband and father. I've been called a bad father, I've been called a bad husband and my wife has been called a bad mother. Things always hurt that are said about my family, and for people to call my wife a bad mother is unbelievable. I'm a strong person, I'm a strong family man, I'm a strong husband and a strong father."
"I always wanted to be a hairdresser."
"People can say what they like. But me and Victoria will always stay together as husband and wife."
"I've got more clothes than Victoria."
It's one thing I like about America - they respect the sportsman. They put them up on a pedestal. They don't try to knock them down. And that's a great thing, to be respected by the whole country. It's so patriotic!
"You can practice penalties till the cows come home but it is different when you are out there in front of 60,000 people and the pressure is on."
"I have come to accept that if I have a new haircut it is front page news. But having a picture of my foot on the front page of a national newspaper is a bit exceptional."
Where Are They Now
(June 2003) Signs up for Spanish soccer team Real Madrid.
(July 2005) Is in Japan playing a tournament with his team Real Madrid
(2003) Release of the #1 International best-selling book, "Beckham - Both Feet on the Ground".
(June 2007) A member of the Real Madrid team who won the Spanish League season 2006/2007 after the game against Majorca (Real Madrid 3 - Majorca 1)
No comments:
Post a Comment