Author: Editorial Team

ForexPromos Editorial Team is comprised of a selection of hand picked editors that bring you the latest breaking news from the financial markets. We also provide forex educative articles as well as comprehensive fx broker reviews.

Forex Trading: A Disciplined Approach Means Treating It Like a Business

Trading Articles
Achieving success in the complex world of currency trading can be a daunting task. Newcomers to the genre are frequently discouraged by the apparent length of time that must be invested in acquiring knowledge and free demo experience before active trading with real money can commence. Forex trading is high risk under high stress conditions. Specialized training is a must, but many beginners stumble early on in their learning process due more to psychological factors than most anything else. Next to knowledge and experience, controlling one's emotions is paramount. Studies in trading psychology have continually confirmed that our minds can become our worst enemy, especially when the conditions involve real money and high stress, as with forex trading. Even Warren Buffett, who most likely...

Understanding market orders and limit orders

Trading Articles
Why understanding of market orders and limit orders is crutial for trading? A limit order gives you price while a market order gives you speed. You can enter a trade with a limit order or a market order. When developing your trading system, two things you need to consider are the time it takes to enter the market and also how slippage, that is the price you are filled at vs the price you wanted, will affect your trade. This should be part of your money management plan. By defining how you will enter the stock market, you will know before you buy if you are decreasing or increasing your risk level. What are Market Orders A market order is an order to buy or sell a stock at the best available price.  Generally, this type of order will be executed immediately.  However, the price at whi

Can Gold continue to rise?

Trading Articles
How can you profit on Gold trading? Oil prices strengthened again after last week's retreat as tensions in Libya and other countries in the Arab world continued. The front month WTI crude oil contract rose above 103 for the first time in 6 days. Corresponding Brent crude oil contract also recovered. The IEA said that unrest in Libya is beginning to impact European oil supplies and they expect the situation could worsen if violence persists and the demand from Europe should improve through February and March. Hopes that the fighting in Libya subsided after Venezuela's peace offer failed as rebels rejected the plan. Fighting continued in capital Tripoli and other places in the country. At the same time, The International Criminal Court said they suspect Libyan leader Qaddafi and his so...
AVA Fx Special Promotion

AVA Fx Special Promotion

Uncategorized
Ever increasing protests, revolutions, and unrest in Middle Eastern and North African countries creates uncertainty in world markets. "To me it seems pretty clear that (gold will) go to at least $2,000" Jim Rogers, Commodities and Investing Expert "Oil Prices could tumble once the region settles down" Jim Ritterbusch, Energy Analyst As the situation develops, every news event creates significant market reaction so now is the time to take advantage. Since the outbreak of unrest throughout the region, the markets have seen movements of 200-300 pips in a single day! With Ava FX, you can trade LONG or SHORT on all major currencies, commodities, indexes and more, giving you the utmost opportunities to monetize on world events. With up to 200:1 leverage – your money can be wor

What are Forex Islamic Accounts

Trading Articles
Islamic Forex Accounts or No Riba Accounts or Shariah forex accounts are accounts are based on Islamic clients' religious beliefs which basically state that people should give and not expect anything in return and as such they do not pay or receive interest within the Economic industry. This belief was adapted to Forex Trading and as such Islamic clients can request an Islamic Forex account which allows a client to trade and not pay any interest on open positions. You must be a Muslim to open an Islamic Forex account. That might cause legal problems. The reason they are called Islamic Forex accounts is because they were created to meet the needs of the Islamic trading community Forex brokerages and companies charge interest on positions clients have open overnight; not as an excuse to c...