If you want to get to the top of the forex market “food chain” you have come to the right place. The strategy that we are about to reveal to you is a completely new, efficient and reliable trading strategy that comes as the result of years of forex market research using sophisticated mathematical methods… Continue reading My essential trading system | Forex Trading Strategies
What Is FOREX or FOREX MARKET? PART I The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.5 trillion changing hands every day. That is larger than all US equity and Treasury markets combined! Unlike other financial markets that operate at… Continue reading “How To” Start Trading The Forex Market?
Why is FOREX trading so popular? Because you can trade from anywhere. From your kitchen table, bedroom, garage or from the nearest Starbucks coffeehouse ( most of them have wireless Internet connection). When you want to start trading the Forex Market nobody is asking you for a diploma, a formal license or a proof of… Continue reading “How To” Start Trading The Forex Market? ( Part 2)
10 REASONS TO START TRADING FOREX! More and more well informed investor and entrepreneurs are diversifying their traditional investments like stocks, bonds & commodities with foreign currency because of the following reasons: 1) FOREX is the largest financial market in the world. With a daily trading volume of over $1.5 trillion, the spot FOREX market… Continue reading “How To” Start Trading The Forex Market? (part 3)
How Currencies are quoted and what moves individual currencies? The amount of money you need to place a trade (known as “margin”) is all that can be lost ! You have to know, that despite the super-high leverage offered by some Forex brokers up to (400:1); meaning if you put up $ 1000 the broker… Continue reading “How To” Start Trading The Forex Market ? (Part 4 )
What are *PIPS* ? Currencies are traded on a price/ point (pip) system. Each currency pair has its own pip value. EUR/USD 1.2210/13 Explanation: a) If you want to BUY the EUR/USD ( meaning you BUY EUROS and SELL US$ ) you buy 100,000 EUROS and you SELL 122,130 US$, or in other words you… Continue reading “How To” Start Trading The Forex Market? (Part 5)
HOW TO READ FOREX PRICE CHARTS? Important numerous facts as discipline, trading rules, not being greedy etc., but one of the most important things is: LEARN to read the charts as Charts represent the lifeblood of the market. I admit that reading charts, and interpreting patterns, are more an art than a skill. Base and… Continue reading “How To” Start Trading The Forex Market? (Part 6)
HOW DO Economic Events impact Global Currencies: When I asked several traders about their thoughts about using fundamental analysis as a part of their trading decisions, I have received two opposite responses. RESPONSE of Trader A Fundamentals that you read about are typically useless as the market has already discounted the price. I am looking… Continue reading “How To” Start Trading The Forex Market? (Part 7)
HOW TO predict the Future ? by studying the Past (Technical Analysis): 1) The best traders don’t discount one or the other but understand that having an understanding how the fundamentals influence market sentiment gives him/ her an edge over those traders who don’t. 3) “The number’s don’t lie” – all available information and its… Continue reading “How To” Start Trading The Forex Market? (Part 8)
For a beginner forex currency trading may seem to be a whole new world but in fact the basics are quite easy to learn. You just need to understand the buzz words and trading terms and grasp a basic understanding of how the markets work. Making big money in a short time is what forex… Continue reading Beginner Forex Currency Trading: What Is It All About?