Global currencies don¡¯t ride the trends in isolation. The apparent technical movement between two currencies in a pair may cause an effect in the behaviour of each separate currency. A third currency will also have some bearing on the rise or fall o
Many people ask me why I trade Forex, Well I think like most people when I was introduced to Trading I didn¡¯t know about the Forex market. It was just natural to go looking in the stock exchange for trades. However, I found my trading was very limit
Everyone has heard of stocks and shares, probably even the futures market, but trading the FOREX (Foreign Currency Exchange, or FX) market is a relatively new phenomenon. Until recently, FOREX was the domain of the banking fraternity (large banks can
What if you were a successful forex trader? If you were, you would use certain technical indicators which your were able to interpret with a high degree of certainty. The vast majority of currency traders use technical analysis as a basis for enteri
Over the last decade or so, the Foreign Currency Exchange markets and trading platforms have become a superior arena for active individual investors. Trading world currencies for the difference in exchange rates can be a lucrative hobby and a very sa
When I wrote the article "Is Banking Tanking?" in early December last year, the banking sector was rallying like every other sector. Well, almost. The only cloud on the horizon: it had gone from a leading sector to a laggard sector since the June 200
Trading currency on the foreign exchange currency market, or Forex (FX), can be complicated, and many traders choose to take a Forex trading course to learn about the market before they begin trading, or to learn the intricacies of the market to impr
Would you like to know how to be a successful currency trader? Just imagine having the same knowledge that only five percent of all successful currency traders have. The difference between the haves and the have-nots in forex trading is the ability t
One of the big reasons that forex trading is an entirely different animal than stock trading or futures trading is leverage. Forex trading leverage can be enormous, as high as 400:1, and in most cases you get to choose the amount of leverage or geari
There are several external factors that affect Forex currency trading. These factors include trade reports, GDP, unemployment, international trade, manufacturing etc. The growth or decline in these factors affects a country¡¯s currency value. Foreign