An Introduction to Forex Markets and the Forex Currency Trading Board
Forex trading is the trading of currency in the foreign exchange market (FX or Forex) which is a global market for the trading of currency in an aim to make profits. The foreign exchange market determines the relative value of each currency with respect to another currency. The risks involved in currency trading is very high due to lot of unpredictability, but there are a number of traders who have made huge sums of money in forex trading like Bill Lipschitz, George Soros and Stanley Druckenmiller.Forex Option Trading – A Guide to Straddle Option Strategy
Forex option trading seems a comparatively easy process to be executed, though it is quite similar to the other trading markets. If you possess a perfect plan of action, you will surely find bigger prospects in terms of succeeding. One of the popular forex option trading systems is straddle strategy, which is considered as a part of neutral option trading or non-directional trading strategies. Many traders have received positive outcomes, following this strategy.How to Predict the Forex Market
The economy is looking good for the U.K. and the British pound has been reflecting this in the forex market against the US dollar. The currency pair has made new highs since the end of 2012 and there is no sign of this momentum slowing down.Steps to Becoming a Professional Forex Broker
Key points explaining How to become a successful Forex Trader in today’s time and market conditions. 3 easy steps to follow and see what wonders it does for you.Forex Analysis for the Coming Week
As it stands at time of writing 1.3557 I would expect to see a return to 1.3480 before continuing on a bullish trend. It doesn’t seem to matter what Draghi says the currency keeps bounding back.3 Irrational Trading Expectations
It is true that the expectations we have for ourselves play a central role in affecting our emotions and even our actual experience. In particular, waiting for a good result makes us feel excited while foreseeing a negative result makes us worry.Five Things You Need To Know to Start Successful Forex Trading
There are several things that you need to make money from trading Forex including a simple and profitable system. Here I look at the key things you need to consider if you want to become a successful and profitable trader.Currency Trading for Beginners: Range Trading Strategy
Range trading is a simple strategy that can be used on almost any financial product although this article is mainly directed to currency pair trading. Range trading is pretty much just as is sounds, find the range that a product regularly trades in, buy low sell high in the case of a long order and sell high buy back low with a short order.How To Test Forex Trading Strategies: 3 Key Success Factors
Quality of trading strategies is a problem of high importance. Inadequately tested strategies contribute greatly to the well-known statistics that over 90% of Forex traders lose money. However, testing procedures for Forex strategies have not been covered systematically, with main focus being on the strategy testing software. We describe our practices of applying classical principles of successful testing to evaluating quality of Forex trading strategies. We explain our testing methodology, ways to prepare test scenarios and approach to managing trading risks. Our study is devoted mostly to automated trading, but we believe the results can be useful to all interested in Forex trading.Understanding Fundamental Analysis
There are two primary schools of thought used to analyze the market when trading forex: technical analysis and fundamental analysis. While some traders prefer to focus on technical analysis during their forex trading, others primarily use fundamental analysis techniques.What Is The US Dollar Index?
The US dollar index, which comprises a basket of currencies through which the US dollar’s value is compared against, is also referred to most traders by USDX. This basket of currencies has the EUR, GBP, JPY, CAD, SEK, and CHF.Three Most Basic and Successful Forex Strategies
There are many forex strategies that traders can practice before ever getting started with actual money. These are well-developed tested systems that have been put together by professionals in the field. For those who really want to learn how to be successful forex traders, these are the fundamentalsHow To Start Trading Forex: The Things Every Beginner Trader Should Know About Trading Forex
The world we are living in revolves around the exchange of goods and money which will never stop soon. Each and everyday you see new people getting into this industry of forex trading in hope of getting a piece of the profits made in trading the goods and currency. Most people get into this industry thinking that its very easy to make some profits where else that’s not the case and being a trader can be the worst decision you can make if you not prepared.How To Get Started In Forex Trading: These Are The Steps A Beginner Should Take In Forex Trading
In these current economic times a lot of people are looking for various ways to invest their money. Some people go to farming, others go into real estate and forex trading. Just like any industry forex trading requires you to know what you’re doing in order for you to make some money.Here Are 2 Forex Trading Strategies To Trade Forex
There are many Forex trading strategies you could and should employ to make sure you get the most from your money. Many Forex trading systems are well worn and they are known to work down to the nth degree. Of course this is what everyone wants in the long term. But what about some of the riskier Forex trading strategies? Can you push the envelope to create your own personal strategy that will allow you to bring about a long term, sustainable Forex trading strategy that will hold you in good stead?