Currency Correlation: What Is It?
Forex Knowledge | Written by Zahir
The ability to understand influential factors is vital to your success as a currency trader. You need to determine the sensitivity level of particular currencies, as well as the currency pairs...
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Are You Compatible With Swing Trading?
Forex Knowledge | Written by Zahir
Swing trading requires discipline and substantial technical skills to earn profits in the stock and forex market. It is also one of the most common trading disciplines used.
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A Fundamental Walkthrough of the Monetary Policy
Forex Knowledge | Written by Zahir
With the employment of the monetary policy, financial accounts with regard to the Consumer Price Index (CPI) can be either weakened or strengthened.
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Learn how to Manage Your Forex Leverage
Forex Knowledge | Written by Mtrading
Failing to manage Forex leverage is one of the biggest pitfalls currency traders face. While trading with leverage can significantly enhance returns, it also increases the risk of big losses when a trade fails.
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How Unscrupulous Forex Brokers Can Steal Your Money
Forex Knowledge | Written by Zahir
Quantitative Easing (QE) are the latest buzz words in the financial markets. It is important to become intimately comfortable with these words because they will be the catch phrase of 2009 thanks to the latest interest rate cuts by the Federal Reserve and the Bank of Japan.
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Quantitative Easing 101
Forex Knowledge | Written by Kathy Lien
Quantitative Easing (QE) are the latest buzz words in the financial markets. It is important to become intimately comfortable with these words because they will be the catch phrase of 2009 thanks to the latest interest rate cuts by the Federal Reserve and the Bank of Japan.
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A guide to investing in currency: a sensible approach to trading and investing in managed forex accounts
Forex Knowledge | Written by Christopher Muir
For many people, currency investments are still widely misunderstood, and are often associated with excessive risk-taking, high amounts of leverage and internet scams.
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Interest Rates: An Introduction by the Federal Reserve Bank of New York
Forex Knowledge | Written by FED
Interest rates receive a lot of attention in the media, but what are they, anyway? How are they determined? What do they do? This introduction provides some basic answers to these questions.
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Gaps in the Forex Market
Forex Knowledge | Written by Thomas Long
One of the main differences between a stock market and the FX market is that the FX market is a true 24 hour a day market. Trading is continuous around the clock and really only is closed on weekends due to the lack of volume rather than an actual close.
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Brokers monitoring your pattern of trade
Forex Knowledge | Written by LFB Team
Do you have any idea as to how much your Broker knows about you and your trading habits? Your Broker will know a lot more about you and your trading habits than you may realize, especially if they run their own Dealing Desk rather than routing your order straight through to the Inter-bank.
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Top 5 Most Market Moving Indicators For The USD
Forex Knowledge | Written by DailyFX Research Team
When it comes to the currency market, most traders will use either technical or fundamental analysis or a combination of both to formulate their strategy, However, even for the casual currency trader, news or event risk can have a dramatic influence on the long and short-term price action of a currency pair.
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Keep a Trading Log to Analyze Your Actions
Forex Knowledge | Written by Thomas Long
One of the most powerful pieces of information you can use to evaluate your actions as a forex trader is a trading log. With each trade, you should keep track of your thoughts and actions so you can improve your approach to trading.
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Forex Stop Hunting - What is it?
Forex Knowledge | Written by Scott Percival
You've probably seen it mentioned in various trading forums. It may have even happened to you a few times. It's enough to make your head explode. What is it? It's called Stop Hunting.
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What is Slippage in Forex?
Forex Knowledge | Written by Thomas Long
You bought the EUR/USD at 1.4000 and the market is now trading at 1.4025. Since there is an economic release due out in 15 minutes, you move your protective stop up to 1.4000 to protect your winning trade from turning into a losing trade.
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Creativity in Currency Trading
Forex Knowledge | Written by Joe Ross
Is it important to be creative in your trading? I’m not sure I can describe it in terms of importance. The creative process is somewhat of a mystery, even to scientists who study it.
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Forex Trading for a Living: Education vs. Experience
Forex Knowledge | Written by Hendra Wijaya
The disbelief in this idea is further encouraged by tales of trauma received by many an unfortunate trader. We have all heard the horror stories, the tragic accounts of so-called “newbies”, and are tempted to dismiss the idea of trading for a living right off.
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Can you become a Forex Introducing Broker?
Forex Knowledge | Written by Fiorenzo Fontana
Any individual or company that has contacts with individuals or other companies who might be interested in trading forex online, either by themselves or through a forex broker can become a forex Introducing Broker.
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How I became a successful part time forex trader
Forex Knowledge | Written by Joe Chalhoub
I am Joe Chalhoub, a computer engineer, Forex trader and strategy builder. I began trading currencies 3 years ago. The first 3 months trading were complete failure, I remember I lost all my money and I was about to quit, but I couldn't, I felt if I quit now maybe I am missing the chance of having my own business.
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Forex Market Snapshot BIS Triennial Survey 2007
Forex Knowledge | Written by BIS
The following facts and figures relate to the foreign exchange market. Much of the information is drawn from the preliminary results of the 2007 Triennial Central Bank Survey of Foreign Exchange and Derivatives.
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Why You Should be Trading Currencies?
Forex Knowledge | Written by Ken Herbert
You may have heard that currencies are highly sensitive to the news, and that is true. However, that "news" almost always comes in the form of scheduled economic reports, and a given report usually affects only a small group of currencies.
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Forex market – structure and moves – how it varies from other financial markets
Forex Knowledge | Written by Dr.S.Sivaraman
Forex or currency market is a 24 hrs market - it is different from other markets like: commodity, stock and debt. Here the traders participate from different countries during different timings.
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PC Security – Preventative Measures
Forex Knowledge | Written by Matt Vann
My last article, the Hardware Guide, covered the basic requirements for a capable, reliable hardware setup to trade the markets effectively. Some of you may also be aware of my Techies Corner Guide, which provides some basic information about PC security, and links to a variety of downloadable programs and tests to use for the security-conscious amongst us.
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Hardware Guide for Trading
Forex Knowledge | Written by Matt Vann
As someone who's already considering trading, you'll already have a PC and be connected to the internet - you wouldn't be reading this otherwise - but you might be asking yourself just what sort of hardware and software does a trader need to give them an edge in today's high-tech marketplace.
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A New Trader's Journey to Success
Forex Knowledge | Written by James Lee
This is the first stage when you enter trading. You may have picked up a book on technical analysis somewhere, heard of a day trader making millions, or got lucky in an earlier stock investment. After all, how hard can it be? The money sounds appealing and the freedom to be independent sounds attractive.
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What Moves Currency Rates?
Forex Knowledge | Written by Refco
In the currency market, traders buy and sell currencies with the hope of making a profit when the value of the currencies changes in their favor, whether from market news or events that take place around the world. Currencies, just like any other commodity that can be bought or sold, are subject to the laws of supply and demand.
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Trade Currencies Using News - 5 Most Watched US Indicators
Forex Knowledge | Written by Refco
Currencies do not become weaker or stronger randomly. A large portion of a currency's value is based on confidence in the economic strength of the country.
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Is There Such A Thing As Hedging in the Forex Market?
Forex Knowledge | Written by David Mclauchlan
For those who are not familiar with the Forex market, the word "hedging" could mean absolutely nothing. However, those who are regular traders know that there are many ways to use this term in trading.
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Moving the Forex Market with Trading and Intervention Techniques
Forex Knowledge | Written by David Mclauchlan
Trading and intervention techniques can offer traders benefits When trading on the foreign currency exchange market, or the Forex. Traders look to intervention as a means of seeing where the Forex is heading, indicating that some currencies should be higher or lower depending on what is going on in that country.
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Trying Out a Forex Demo Account
Forex Knowledge | Written by David Mclauchlan
To determine if Forex trading is truly for you, trying out a Forex demo account is the way to go. It is a method used by thousands of potential Forex traders and investors to determine if forex trading is for them.
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Rookie Mistakes Can be Expensive In Forex Trading
Forex Knowledge | Written by David Mclauchlan
Learning anything new can lead to mistakes, but making mistakes can be the natural part of the learning process. When learning to trade or invest in the Forex, mistakes can lead to lose of profits and can become expensive.
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Forex Fundamental Analysis Tutorial
Forex Knowledge | Written by Louizos Alexander Louizos
In this tutorial you will learn how to implement fundamental analysis in your trading style. This is what some people called institutional Forex trading system. You should learn the basic macroeconomic factors that influence global market. This is called fundamental analysis.
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Forex Technical vs Real Leverage
Forex Knowledge | Written by Mihai Marinescu
If leverage is dangerous, then using a very small one - or none - should protect a trader against any danger resulting from trading large positions, right? WRONG! This confusion is caused by a misunderstanding of the word 'leverage', which can have at least two different meanings.
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Ten New Trader Pitfalls
Forex Knowledge | Written by John Forman
So you want to trade, eh? Or have you already started? What drew you to it? Was it the huge profit potential? Maybe it was the excitement. Or perhaps you're like me and love the challenge of solving a big, multi-dimensional puzzle.
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Forex Trading Patterns - Profits from Your Calendar
Forex Knowledge | Written by John Forman
Most currency traders have heard of seasonal patterns, something which is mostly associated with commodities. The foreign exchange market also has calendar patterns which influence trading, and just like in commodities, traders can take advantage of them to improve their odds for success and profits.
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How Long Does It Take To Become A Successful Currency Trader?
Forex Knowledge | Written by Aboutcurrency
It's probably the most asked question when you are new to forex trading - "How long does it take to become a successful currency trader?"
We get asked this quite often, and, we'll be honest with you, - it's impossible to answer. It really depends on your focus, your commitment, and your discipline.
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Forex Taxes - Do you have to pay?
Forex Knowledge | Written by Robert A. Green, CPA
Currency traders face complexities and nuances come tax time. Currency futures are treated like other types of futures; your accounting is a snap and you enjoy lower 60/40 blended tax rates. However, cash forex can be an accounting nightmare and you face higher ordinary tax rates, unless you "elect out" of IRC 988 for 60/40 treatment.
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Foreign Exchange Market
Forex Knowledge | Written by Wikipedia
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.
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Forex Trading Styles: "Scalping, Day trading, Swing Trading & Position Trading"
Forex Knowledge | Written by Aboutcurrency
When trading currencies online, there are several trading styles that forex traders can profit from, the following is a list of the most common trade types complete with a brief description of each style of trade.
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Forex Market Gaps
Forex Knowledge | Written by Dean Kleb
A gap in the foreign exchange market simply means a break between 2 currency pair prices where no trading takes place. Since the forex market is a 24 hour market and extremely liquid, these gaps are rarely seen.
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Buying and Selling Foreign Exchange
Forex Knowledge | Written by Dean Kleb
What exactly do you buy or sell when you make a foreign currency transaction? In reality, you are doing both actions, buying and selling.
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The Value of Currencies, Base and Counter Currency
Forex Knowledge | Written by Dean Kleb
One currency in a currency pair is always dominant, "only in the way it is quoted". It is called the Base Currency. The base currency is identified as the first currency in a currency pair. It also is the currency that remains constant when determining a currency pair's price.
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Foreign Currency Symbols
Forex Knowledge | Written by Aboutcurrency
Foreign Currencies like equities have their own symbols that distinguish one from another. Since foreign currencies are quoted in terms of the value of one currency against the value of another, a currency pair includes the "name" for both currencies, separated by a "/".
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Forex Frequently Asked Questions
Forex Knowledge | Written by Aboutcurrency
Any individual or company that has contacts with individuals or other companies who might be interested in trading forex online, either by themselves or through a forex broker can become a forex Introducing Broker.
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Forex Investment Myths
Forex Knowledge | Written by Aboutcurrency
The Forex Market market is one of most popular financial markets for short term speculation, due to its enormous size (over 1.8 trillion daily), leverage and tendency for currency pairs to move in trends.
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History of the Forex Market
Forex Knowledge | Written by Kenney Gates
Foreign exchange dates back to ancient times, when traders first began exchanging coins from different countries. However, the foreign exchange itself is the newest of the financial markets. In the last hundred years, the foreign exchange has undergone some dramatic transformations.
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What Makes Foreign Exchange Different?
Forex Knowledge | Written by Aboutcurrency
Unlike the other financial markets, the Forex market has no physical location and no central exchange; this makes the Forex market an OTC or over-the counter market. It operates through a global network of banks, corporations and market makers trading one currency for another.
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