Educational Articles

Forex Tutorial: The Basics Of Forex Analysis

The Forex trading market is an around-the-clock cash market where the currencies of nations are bought and sold, typically via brokers. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. Forex prices can change at any moment in response to real-time events, such as political unrest, crude oil prices, inflation, import and export prices, or industrial production. Currency market players typically...

Read More

Learning Some Good Forex Trading Stragegies

If you’re a potential investment player who’d like to make it big in the business and financial world, then you go for forex trading. The FOREX, also known as the foreign exchange market is one of the largest financial markets in the world with and estimate of $1.5 trillion turn-overs every day. Here are a few strategies on how to make it big in the forex market. Strategy One: Know your market. The best way to get advantage, earn profit and...

Read More

Common Chart Indicators

Common chart indicators are used by Forex traders as tools to help evaluate the market and minimize trading risks. There are several common charts that are read and evaluated by Forex traders to help them make knowledgeable trading decisions in the market. The charts include Bollinger Bands, MACD, Parabolic SAR, Stochastics, and Relative Strength Index, or RSI. Bollinger Bands are common charts that are used to measure the volatility of the...

Read More

6 Advantages Of Trading Forex

6 Advantages Of Trading Forex

Forex is the popular term for foreign exchange markets. The banks and brokerage firms are linked via electronic network to do business in the stock markets. The network allows them to convert currencies worldwide. It became the chief and largest liquefied financial market around the globe. Take for instance, the volume of dollar currencies can rapidly increase in trillions of dollars within a day in currency markets. It even goes beyond the...

Read More

Learn How You can Make Gains from Using the Forex trading Grid Technique

Learn How You can Make Gains from Using the Forex trading Grid Technique

The most important part of how to make money using the no stop, hedged, Forex trading strategy will now be covered. In the preceding articles in this series we reviewed trading without stops, not being concerned about which way the price moves and places to cash in on profitable transactions. We are now going to show how you would make money buying and selling simultaneously using the grid strategy. The no stop, hedged currency trading grid...

Read More

“How To” Start Trading The Forex Market? (Part 8)

“How To” Start Trading The Forex Market? (Part 8)

HOW TO predict the Future ? by studying the Past (Technical Analysis): 1) The best traders don’t discount one or the other but understand that having an understanding how the fundamentals influence market sentiment gives him/her an edge over those traders who don’t. 2) In my opinion, TECHNICAL analysis is the easiest and most accurate way of trading the FOREX market. 3) “The number’s don’t lie” – all...

Read More

“How To” Start Trading The Forex Market? (Part 7)

“How To”  Start Trading The Forex Market?  (Part 7)

HOW DO Economic Events impact Global Currencies: When I asked several traders about their thoughts about using fundamental analysis as a part of their trading decisions, I have received two opposite responses. RESPONSE of Trader A Fundamentals that you read about are typically useless as the market has already discounted the price. I am looking at (1) the long term trend, (2) the current chart pattern and (3) identifying a good entry point to...

Read More

“How To” Start Trading The Forex Market? (Part 6)

“How To”  Start Trading The Forex Market?  (Part 6)

HOW TO READ FOREX PRICE CHARTS? Forex Price Charts, what DO they mean and HOW to use them? Important numerous facts as discipline, trading rules, not being greedy etc., but one of the most important things is: LEARN to read the charts as Charts represent the lifeblood of the market. I admit that reading charts, and interpreting patterns, are more an art than a skill. Base and apply your entry and exit decisions on YOUR OWN combined methods of...

Read More

“How To” Start Trading The Forex Market? (Part 5)

“How To”  Start Trading The Forex Market?  (Part 5)

What are *PIPS* ? Currencies are traded on a price/ point (pip) system. Each currency pair has its own pip value. When you see a FOREX price quote, you’ll see something listed like this: EUR/USD 1.2210/13 Explanation: a) If you want to BUY the EUR/USD ( meaning you BUY EUROS and SELL US$ ) you buy 100,000 EUROS and you SELL 122,130 US$, or in other words you receive 122,130 US$ for 100,000 EUROS. B) If you want to SELL the EUR/USD (...

Read More

Login