Even though trading in the market is, in many circles considered gambling, it appeals to people for a wide variety of reasons. All of the reasons preferably lead to only one conclusion, making money. Whether you’re interested in just trading part time, you must treat it as your own business. You don’t need a lot [...]
Using the British Pound’s July 24th chart taken at 9:30pm CET, the forex trading strategy taken from its short side is illustrated in a step-by-step manner showing exactly how the trade was executed using signals from the forex market as well as a number of indicators in trade that is focused on the bearish side [...]
A spread can be termed as the difference the asking price (buying price) and the bid price (selling price). Financial spread betting is an investment option/vehicle that enables investors to invest in shares and stocks while at the same time making speculations on the probable changes in the financial markets. It’s a binary bet where [...]
Companies, exporters and importers are also very much involved in the forex market as buying and selling of products takes place all over the world thus buying and selling of currencies to facilitate and complete all these transactions are needed. An exporter in the USA might have sold his products to a company in Europe [...]
Forex or foreign Exchange or FX involves the buying and selling of one currency against another currency. They are always traded in pairs e.g. EUR/USD, USD/JPY. So when you are buying Euro dollars (EUR) you are also selling the US dollars (USD) in exchange for the Euro dollars. If you want to buy US dollars [...]
In the late 90’s, many financial company dominated the Forex Exchange Market. In the past several years the Forex Exchange Market has show a dramatic development. Nowadays private company are offering access to the Forex Market via internet data feed trading platform.
Private investors are going into Forex Market, with access to the same market [...]
In this realistic world, to be successful in any trade or even in Forex Trading, you have to know the rules and learn to do it well. Learning Forex Trading is not like babies learning baby-crawl. It is more like babies learning of how to walk by the parent helping them by hold on their [...]
FACT: 95% of forex trader do not know what is forex options, 4% of forex trader know what is forex options but they think that forex options was too complicated for them and only 1% use forex options for trading.
Why Forex Options? Options allow you to have the right but no obligation to either [...]
In the last article on “9 Reasons on Why You Must Trade Forex (Part 1 of 2)” You have understand the:
1. Round the clock trading 2. No need to choose from too many counters 3. Liquidity 4. Good Leverage
Next you will understand more on why you must trade forex.
5. No Brokerage fee or [...]
When you start trading in the Foreign Exchange market, you will notice that the prices for either buying or selling a currency pair always come in a pair of price quotes. One is called the ‘Bid’ (or Sell) and the other is called the ‘Ask’ (or Buy). You will notice the same in any other [...]