Forex

Trading using support and resistance

Support and resistance have long been a staple of trading indicators. Support and resistance is a simple concept that has its roots in supply and demand theory. Looking at a chart we see price action that appears to be random, but by adding support and resistance theory to the equation …

Read More »

Understanding the Forex Trading System

The forex trading system involves buying and selling foreign currency. Unlike the stock market, there is no fixed market for the forex trading system. A good and effective forex trading system allows traders to trade easily and provides more opportunities to increase earnings. Forex, foreign exchange, is a market where …

Read More »

Understanding What Influences Forex Prices

This article will explain some of the differences between Technical Analysis and Fundamentals and explain a bit about each type of trading. Excerpts are taken from the best-selling book ‘Market Wizards’ where Jack Schwager interviews Ed Seykota and Bruce Kovner. Ed is a trend trader (uses technical analysis) and also …

Read More »

What are the hidden odds of the trade?

Anyone vaguely familiar with gambling knows that the house has the odds in its favor. Do some people leave a casino with big winnings? Yes, but that’s because they left before they lost it back to the casino. If they had won and then kept playing long enough, it is …

Read More »

What are the order types used by Forex traders?

During the last decade, Forex trading has become one of the most attractive business opportunities to reach the interests of people around the world. Every day, people from many walks of life are actively considering entering the lucrative world of foreign exchange markets because of its accessibility and trading features. …

Read More »

What’s the Fuzz about e-money trading

You keep hearing about this money-making system that requires no selling, only an hour a day (at most), and no special skills. Yes, it’s true. At least that’s the first impression for someone who’s been on the Internet for a while. Enter E-Currency Trading. What if you were able to …

Read More »

Why Forex is a better investment idea than stocks or commodities

Forex, the Foreign Exchange Market, is a worldwide market for buying and selling foreign currencies. The major currencies that are traded include the US Dollar (USD), Euro (EUR), Pound Sterling (GBP), Canadian Dollar (CAD), Australian Dollar (AUD), Japanese Yen (JPY), and the Swiss Franc (CHF). The purpose of this article …

Read More »

Why Forex is a Big Business

The Forex market seems to be one of the hottest markets right now. Let’s look at why It takes a small amount of capital to get going and with it, you can leverage. This is important because many people who enter the market are looking for ways to make money, …

Read More »

Why do I trade Forex?

Many people ask me why I trade Forex, Well, I think like most people when I was introduced to Trading I didn’t know about the Forex market. It was natural that I would look into the stock market to trade. However, I found that my trading was very limited, by …

Read More »