Judicious Use of FX Orders to Get Hedging in Place
Once a company with foreign exchange risks has decided to lift or reduce hedging percentages as part of their risk management strategy, value-enhancing market dealing tactics to get the hedging entered at more favourable exchange rates will add to the overall hedging performance. I have always been a strong advocate of using FX orders placed with bank counterparties as a preferred method of entering hedging than just dealing at the prevailing spot market rate at the time the “go” decision button is pushed. However, it pays to be highly disciplined in placing orders to deal at a…Forex ECN Brokers – Benefits of Trading Floating Spreads
Floating Spreads or Fixed Spreads. Which is better? In this article we discuss the advantages and the shortcomings of floating spreads that are offered usually by forex ECN brokers. At the end of the article the reader should be able to determine and be able to make a more decisive choice on the forex broker they will choose and what type of the spreads are most suited for them.Forex Trading Is a Business Not a Hobby
I have met a lot of traders that just come into the market with no preparation and take the “bull by the horns” so to speak. Unprepared and ready for action they get burnt and then scratch their heads thinking about where they went wrong. In this article I go into more details about this common stumbling block in a traders career.What Is the Deal With Currency Trading?
Forex currency trading Forex currency trading is an activity in the forex market that involves the exchange of currency. The currency trading is done for various reasons that solely depend on the parties involved in the transaction. Who can participate in forex currency transactions?Online Trading Tips For Beginners
Forex online trading, as the term suggests, is the trading in forex markets through an internet connection. It does not need the participants in the transactions meeting physically. All they need is a computer and an internet connection to be ready for the forex transactions.Understanding The Forex – How to Learn Forex Trading
The foreign exchange market is an attractive investment avenue for investors. Being the most liquid market in the globe, the Forex market offers excellent opportunities for people who want to make good profits. However, if you want to succeed in the business of trading currencies, you have to learn the main principles of executing trades in the Forex market.Trader Timeline – How Long Does It Take and What Stages You Go Through?
If you’re thinking about getting started in any type of financial trading career an important aspect to think about is the trader timeline. What you need to know and what the typical person goes through to get to the place where we all want to be – profitable trading. In this article I write about the typical trader timeline that I’ve come across in my own trading as well as with my students.Forex Analysis: Fundamental Vs Technical – Which One Should I Use?
Fundamental Vs Technical Analysis and Trading in Forex and other financial markets has been the source of a lot of debate over the last century and beyond! Traders and investors have their reasons for choosing one or the other but what are they and which one should you use? Read on to find out…Getting Started in Forex, a Step by Step Guide
Sometimes it’s not so obvious what the process to getting started in Forex actually is. It’s pretty easy to get lost in the technical jargon that’s out there. Also there is such a wealth of information that is so scattered around the net that you can easily feel overwhelmed. So I decided to write this article to reach out to anyone new who wants the information given in a step-by-step manner which is easy to follow.What Is Forex? A Quick Guide Into the World of Currencies!
Forex is an acronym for FOReign EXchange. The foreign exchange is a currency market where currencies are traded. It represents the largest financial market in the world with daily trading volume exceeding $4 trillion. Just to compare, other financial markets such as equities at $50 billion daily trading volume, and the futures market at $30 billion in daily volume you can begin to realize the size of the animal and more importantly the infinite trading opportunities that lie before you!Trading Forex Online? What Are Elliott Waves?
In this article is the focus on Elliott waves. The theory is useful for the traders to predict the market direction. The prediction is based on a technical analysis that identifies factors like the extremes in the traders’ psychology and the prices high and lows.What Are The Essential Tools For A Successful Forex Trader?
The foreign exchange market has attracted an increased number of investors in recent years. After all, it is the most liquid financial market in the globe with attractive opportunities for all sorts of investors. However, success in the business of trading currencies does not come in a silver platter. You have to be equipped with some essential tools to ensure you navigate the Forex waters with profit.Forex Replicator EA – What Are EA’s?
The “EA” in Forex Replicator EA stands for Expert Advisor. But before I can explain what that is, I need to explain something else.Major Central Banks Policies Are Beneficial for Traders in Fundamental Forex Trading
In order to do forex trading successfully, traders need to be extraordinarily informative and knowledgeable. They need to know what is going on in the forex market and the reason for the major occurrences. Thus, a great number of traders keep a watchful eye on the policies of major central banks because they are tightly related to the ups and downs of the forex market. The following are some major banks that their policies are worthy noticing in forex trading.How to Figure Out the Best Time to Enter or Exit Market in Forex Day Trading
Forex day trading means that traders enter and exit trades within the same trading day. It requires traders to isolate the current trend from market noise and then capitalize on that trend through well-timed entries and exits. The best entry and exit points can help manage risks and maximize profit potential in forex day trading. It is quite important and challenging to find the optimal entries and profit taking points in forex day trading. Here I am going to share with traders some rules that can help maximize profits and minimize risks by figuring out the best time to enter or exit trades in forex day trading.