Is FOREX Trading Right For You?ACCESSIBILITY. Unlike most investment markets that open and close with the ring of a bell, the FOREX market is open 24 hours a day, six days a week. Trades can be made anytime the market is open from your home computer through the major trading centers located Sydney, Tokyo, London, Frankfurt and New York. Because of this you can act instantly upon news that may affect the ma... [Read more]
Who Are The Top Forex Chart Providers?Fundamental investors rely upon news releases and their overall impression of the economic outlook of nations in a currency pair. Technical traders, however, use charts and the application of analysis to help guide their investment decisions. Fundamental investors tend to be short-term investors while technical traders try to look at the bigger picture and be more focused upon the long-term pricing out... [Read more]
Forge Your Forex Trading StrategySo you think you have the winning strategy for forex trading. Have you tempered and tested your winning formula yet? What you do not know is that there things you must take note before fully placing money on your stra... [Read more]
Forex For Beginners – Making Money From Currency TradingForex market started in the 1970’s and that is when floating of currencies and free exchange rates began. Like share prices, it is the people who traded in the Forex market that affects the prices of the currencies traded in accordance to the law of supply and demand. Hence, if the market force dictates, e.g. if the US Federal Reserve decides to raise interest rates to curb inflation while Australia Reserve Bank have the interest rate on hold, that should stimulate a change in exchange rate. One should therefore see interest rate effect with the US $ worth more in value than AUD when this hap... [Read more]
Understanding Forex - #4 - Money Management.1. What is ... [Read more]