Currency Trading
Published: 03/07/2008
Do you think of anything when I say the phrase, "Japanese candlesticks?" In fact, this has a lot to do with trading in foreign exchange.
Candle charts (also called "Japanese candlesticks") were originally created in Japan several centuries ago so that rice could be traded. Today, thousands of...
Published: 02/07/2008
Every great athlete, musician and professional where the stakes are high, knows that warm up and preparation can make a big difference to performance. Here are 10 tips -trading advice for preparing for your best trading day.
Mental Prep
1. Harness the power of intention
As you become...
Published: 01/07/2008
If you are interested in becoming an amazing trader in the forex market, you definitely need a powerful forex trading strategy to guide you in your trades. Those individuals who are expert forex traders have learned this early and are now the elite that make a lot of money. There are four...
Published: 26/06/2008
If you've heard of Forex trading (also known as foreign exchange trading), great. It's one of the hottest topics around right now and its popularity is growing. What is it, though, and how can you as an average trader make money in it?
Forex is also called "FX," and both are short for "foreign...
Published: 25/06/2008
Are you interested in learning how to trade the Forex market? Learning how to trade the Forex market is not easy, but it is not difficult either. It doesn't require a college degree or much studying on your part. Trading is all about discipline, willpower, and perseverance. It also takes a...
Published: 25/06/2008
The Fed chairman, Ben "Helicopter" Bernanke, is in the hot seat now. The markets are once again focusing on the next meeting of the Federal Open Market Committee (FOMC) set for Tuesday and Wednesday of this coming week. The Fed is expected to hold interest rates unchanged at this meeting but is...
Published: 24/06/2008
There are two major types of Forex brokers, and which one is best for you can depend on your specific trading strategies. There are Market Makers (MM) and Electronic Communications Network (ECN) in the Forex market, and knowing the difference between the two is extremely important if you want to...
Published: 24/06/2008
Forex currency trading is becoming increasingly popular as more and more traders want to take their shot at the largest trading market in the world. The lure of nearly $2 trillion in trading going on each and every day is too much for most traders to resist.
So what is the Forex market, and...
Published: 24/06/2008
As a new Forex trader, one of the most important things you will need to learn is how to figure out the value of a pip for any currency pair. A pip is the smallest measure of value in a currency pair in Forex, so it's critical that you understand this concept.
When someone is saying "30...
Published: 24/06/2008
It's a well-known fact that many forex traders spend much of their lives seeking out the perfect forex trading system. With so much money to be made, particularly if you make full use of leverage, it's hardly surprising, but does this perfect system actually exist?
Forex forums are full of...
