Sun, 01 Apr 2007 15:41:28 MDT
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Written by Aboutcurrency
A forex chart is a visualized representation of the price movements between buyers and sellers in the currency market and is a technical trader's primary tool to analyze the market in real-time. If you want to succeed as a forex technical trader, you simply need charts.
Sat, 31 Mar 2007 16:18:17 MDT
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Written by Toby Smith
There are two basic approaches to analyze the forex market and make trading decisions, fundamental analysis and technical analysis. The fundamental trader concentrates on the underlying causes of price movements in currency pairs, while the technical trader studies the price movements themselves using technical tools.
Thu, 29 Mar 2007 16:34:02 MDT
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Written by Kenny Gates
In order to trade currencies online, you have to select an online forex broker. This is not an easy task because there are many brokers to choose from.
What follows are eight things you will need to take into account when you are going to open an account with a forex broker.
Wed, 28 Mar 2007 14:35:15 MDT
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Written by Tom De greef
One of the main attractions to trade forex is big leverage and allows currency traders to borrow money and use that money to to profit from the fluctuations in exchange rates between two currencies. The leverage usable in forex trading is one of the highest that traders can obtain. Leveraged trading means that you are not required to pay the full value of the trading position but only small part of it.
Tue, 27 Mar 2007 14:50:32 MDT
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Written by Aboutcurrency
When trading currencies online, profits are made by making transactions through an online currency trading platform. For better understanding, let's consider the following basic examples how to make profits when buying and selling currency pairs.
Mon, 26 Mar 2007 19:04:52 MDT
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Written by Dean Kleb
The first currency in a currency pair is always dominant and called the Base Currency. It is also the currency that remains constant when determining a currency pair's price. The Counter Currency or pricing currency is the second currency in a currency pair notation.
Mon, 26 Mar 2007 08:16:48 MDT
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Written by Aboutcurrency
Foreign Exchange or FOREX is the financial market where a nation's currency is exchanged for that of another. Traditionally, private traders only means of gaining access to the foreign exchange market was through banks that transacted large amounts of currencies for commercial and investment purposes.
Fri, 23 Mar 2007 10:10:54 MDT
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Written by Kenny Gates
Before you start reading this article, make sure you have read 8 Steps To Create and Trade A Mechanical Forex Trending Trading System for better understanding about this system. The MA-ADX trending system consists of two moving averages that will spot a new trend + a trend-confirming (ADX) indicator to confirm the new trend.
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