What is Forex?
The term ‘Forex’ is short-hand for ‘foreign exchange.’ The Forex Market = The Foreign Exchange Market.
What is being exchanged on this market is not stocks or bonds, but currencies from around the world.
In other words, the Forex market is the place where U.S. dollars, Euros, Yen and other major currencies are bought and [...]
Pips and ‘pips values’ represent one of the most misunderstood concepts in Forex trading. Newbies, especially, often have trouble grasping the idea behind pips — but, a solid understanding of pips is crucial to successful Forex investing.
If you’ve had trouble with pips, then today may be your lucky day. I’m going to attempt to clarify [...]
Ah, the foreign exchange market! So exciting and fast-paced. So much risk, yet so much potential. Every new prospector is drawn to the adrenaline rush of speculative currency trading. It is that element of risk that makes success that much sweeter.
It also that same element of risk that drives so many new investors to seek [...]
Interested in currency investing? Not sure how it all works? Then read on for a simple Forex trading example!
Pretend you have opened an account with an online broker, and made a margin deposit of $1,000. Your broker offers ‘matching’, so you’re able to trade the standard lot size of 100,000 units on the 1,000 deposit.
You’ve [...]
There are a lot of Forex trading courses online that promise to teach you everything you need to know to jump into the market with confidence. If you are new to Forex, though, how can you tell which ones will truly provide you with the solid Forex trading education you need?
A reputable course should contain [...]
Forex Signals, also known as ‘technical indicators’, are data points used in the prediction of currency movements. This article will examine three of the most popular forex signals in use today.
Signal #1: Relative Strength Index (RSI)
The RSI indicator measures the ratio of upwards to downwards movements on the market, and the result is normalised to [...]
Forex hedging is not for beginners, nor for those without a significant pool of risk capital to invest. In fact, hedge funds - generally speaking - are not wise investments for the average person.
If you are just getting your feet wet in the investment game, you might be tempted towards Forex hedge funds. After all, [...]
So, you want to learn how to trade currency on the foreign exchange market? The process of trading currencies appears very straight-forward on the surface; but, there is more to it than meets the eye.
The currency trading tutorial you’re about to receive here will give you a basic idea of how things works. However, you [...]
February 18, 2008 – 1:53 pm
If you are really interested to learn how to trade currency on the foreign exchange market, then there really is no better way to get started than by taking advantage of the wealth of resources available to you online.
Forex is a hot subject, and with so many web sites about it, it can be hard [...]
February 13, 2008 – 2:09 pm
The Internet has made it easier than ever for the average person to get involved in speculative forms of day trading, like Forex trading. In the past, Forex trades had to be carried out by calling up your broker’s ‘dealing desk’. Today, though, carrying out a trade is as simple as a point and click [...]