Education - Basic

One of the crucial decisions that a potential trader has to make ,before he starts investing in forex- is the total amount of capital that he requires to invest here.

There are 180 currencies that are currently in active circulation around the globe. Majority of the transactions done in the foreign exchange market are only done with the use of around half a dozen of these currencies. If you are familiar with the Pareto principle, this would make a very

In Forex trading, brokers have a great role to play. Choosing a good broker can turn out to be a daunting task. With few simple tips, you can make this process a smooth one. Over the net, you will come across advertisements of various brokers and you need to choose

While there are many investors in the forex market, the unfortunate truth is that relatively few are consistently successful – and many fail catastrophically. Although investing in forex has many of the same pitfalls as other types of asset trading, the high levels of leverage and unique dynamics of the

The trading platform MetaTrader 4 is fast becoming the essential tool needed to profit from the forex markets. It is an immensely powerful application that allows automated trading, back-testing and charting. But to get the most of it, you need to know how to use it efficiently. Here are a

    Forex brokerscome in several types, ranging from the most legitimate brokerage firms to betting houses that work illegally. Forex traders, whether beginners and experts, should carefully choose their brokers to ensure that they will be working with a reliable one. Note that while most of these brokers usually

Using the most efficient risk management tips and techniques can make a huge difference between your sudden death or continuous survival in the field of forex trading. No matter how efficient your trading system is, it is still possible to fail if you do not implement the best risk management

Forex Tutorials:  Trading Forex Not Like Cheating on a Test We have all been there:  You have a big school test and you have not had the time, interest, or motivation to study.  Maybe you start to get nervous and look for shortcuts.  Maybe you write yourself a “cheat sheet”

Choosing a Forex Broker It might seem like it goes without saying that it is important to do your due diligence before committing to a market broker in any asset class — be it forex, commodities, options or stocks.  But what is most surprising is the fact that most traders

NETELLER is an online payment service, providing specifically an e-wallet facility. NETELLER online payments can be made in many ways. You can pay with your NETELLER account at over 1,000 merchants including mot online FX brokers. You can usually tell if a merchant accepts NETELLER payments by visiting the FAQ

Managing Emotions in Day Trading Great difficulties can be seen once traders start to change their original trading plan once losses start to accumulate.  The main point here is that your trading plan was established for a reason, and it is usually a mistake to deviate from these plans.  These

RSI is constructed by looking at a computation in which average gains are divided by average losses over a specified period. 14 (days, weeks, or minutes) is the indicator’s most popular setting.

In order to achieve successful and sustainable gains over the long term, you will need to consciously select the trading tools that will become the basis for your trading strategy.  You can do this by talking to other traders, reading internet sites devoted to the subject, or by looking at

Forex Markets:  Introduction to Fundamental Analysis If you have had any exposure to the forex markets, it is highly likely that you have heard the term “fundamental analysis.”  This term is often included as part of the debate that exists between “price-based” and “economically-based” traders.  But what does the term

Forex Indicator Tools The increasing prevalence of computers in regular trading activity has led investors to look for new ways to make price forecasts in the markets.  Because of this, a critical component of any sufficient forex education will need to see the implementation of some non-traditional strategies.  One of

Forex trading, also known as the foreign exchange market is a globally decentralized market where investors trade on currencies. There are multiple financial centers globally, which lay the trading foundation for different types of traders in the market. The Forex market is charged with the responsibility of determining the relative

While there may be a few traders who prefer to “look at the fundamentals instead of the patterns”, most experienced dealers would still advise you to study charts for you to know the current trends. For this reason, Forex charts with different time periods were designed to allow dealers to

Day Trading is an active, short-term trading strategy to make money in the Forex market. Essentially, Day Trading means buying and selling currencies within the same day so that no positions are held overnight. Day Traders capitalize on intraday price movements: They analyze the market beforehand, decide on a side,

On one hand, Forex trading is a very profitable business; on the other hand, it can be a very difficult investment venture. Therefore, new traders are highly recommended to give Forex Demo Account a try. Forex demo account has some advantages and some disadvantages. This demo account has all the

For someone who doesn’t have an idea about the Forex market, joining it can be a challenging task. This is why it is best to speak with an expert before deciding to come up with your own Forex trading account. When you do, you will be able to distinguish the