In FOREX trading there are two common types of analysis that most traders utilize, they are fundamental and technical analysis. Fundamental analysis attempts to predict currency movement based off of political and economy indicators. Technical analysis uses historical economic information to predict changes in the FOREX market. This is the first of […]
Most FOREX traders rely on analysis to make plan their trading strategy. This article will discuss fundamental analysis. The other common form of analysis is technical analysis. After reading this article you should have a better understanding of fundamental analysis and how to use it as part of your FOREX strategy.
Political and economic […]
Price charts can be simple line graphs, bar graphs or even candlestick graphs. These are graphs that show prices during specified time frames. These time frames can be anywhere from minutes to years or any time interval in between.
Line charts are the easiest to read, they will show you the broad overview of […]
If you haven’t picked up a keyword (tag) linking to your site on a Word Cloud site yet, you are missing out on the HOTTEST thing to hit the web since pixel ads!
Word Clouds are essentially web pages that contain keywords ( also know as tags ) which link to relevant content. Many social […]
Trading can be fun and exciting when you daytrade and very boring when you position trade. Our motto: get in, get out and go play!
WHY We Want To Day Trade Versus Position Trade
1) We want to spend only a few short hours each day trading, sometimes just a few minutes!
2) We don’t want to hold […]
When trading currency you deal with much smaller divisions than when dealing with actual cash. For example the smallest denomination of US is currency is the penny ($0.01) but on the FOREX market it can be traded down to $0.0001. The smallest division that a currency can be traded at is known as […]
Money has many different forms all over the world. It is naive to think that the American dollar is the only form of currency that is used. One of types of currency that is used is the Iraqi dinar. The dinar is used primarily in the Middle East and there are many reason the have […]
The key to the FOREX market for the average investor is the margin. Without margin trading currency trading would be beyond most investors. I will explain what the margin is and how it works.
When you have a margin account you are able to control large amounts of currency with a relatively small cash […]
An option is a contract to that gives the holder the right to buy or sell currency at a pre-determined price at a specific price. The holder of the contract has the right to exercise the option but is not obligated to. Options are used as a hedge in FOREX transactions; they are […]
There are a number of deciding factors for determining the price of a particular currency. The most important factors are the political and economic conditions in the country that issues the currency. Many things like the political stability, interest rates, and inflation will all affect the price of a currency. In some cases […]
