Tag: forex education

Introduction to using Charts in Trading

Introduction to using Charts in Trading

Trading Articles
Using charts in trading offers traders a visual interface into the marketplace. Traders make use of charts in order to understand the market dynamics that are in play behind the price action. No matter what you trade, stocks, options, forex or commodities, trading without using charts is like driving blind. Charts are relatively easy to grasp, perhaps because they are visual. However it can be misleading as most beginners in trading tend to use charts without having any basic knowledge to help them in their chart analysis. Charts do not predict the future price of the instrument, but when analyzed correctly can tell the trader a great deal on how to trade, when and what. There are many types of charts but the most commonly used chart types are Candlestick Chart Line Chart Bar...

Forex Currency Options Trading Basics

Trading Articles
Trading Forex Currency Options brings an good versatility to online currency trading. Due to the fact that trading currency options cost less than their underlying asset which is the currency pair, currency options gives trades a high upside approach while at the same time offers limited downside risks. Options are made up of two types. CALL Option and PUT Option. A CALL Option gives traders the right to BUY an underlying forex pair A PUT Option on the other hand gives traders the right to SELL an underlying forex pair With forex currency options trading, traders can BUY or SELL the underlying currency pair at a specified strike price up until the option expires. The BUY and SELL is done via a CALL and PUT option respectively. By placing a CALL Option, the trader speculates that ...
How to trade Crude Oil Inventories Report

How to trade Crude Oil Inventories Report

Economic Indicators
Crude oil inventories is a weekly report published by the EIA, Energy Information Administration and covers the inventory report for the previous week. The report marks the weekly increase or decline in the crude oil inventories of oil stored in facilities in the US. For crude oil traders the inventory report is looked up to, to understand the weekly fluctuations of supply and demand. Broadly speaking, when demand rises, inventories decline thus pushing prices higher and when demand for Crude oil falls, the prices drop in accordance. While the crude oil inventories report is an important news event to take into consideration, Crude oil traders should note that price of Crude oil are also influenced very easily by geo-political events. When looking at the Crude oil inventory report, ...
Forex Mirror Trading Tutorial

Forex Mirror Trading Tutorial

Trading Platforms & Software Reviews
Mirror Trader is a forex trading platform provided by Tradency and used by many forex brokers. In this Forex mirror trading tutorial we give a detailed guide on how to get started to using the mirror trading platform. The mirror trader provides a comprehensive trading solution for traders that includes unique trading tools such as live forex signals, market sentiments, forex oscillators and chart studies. The mirror trader comes with a database of various trading strategies. Using the mirror trading platform, traders will be able to make use of the information provided to assist in manual trading, follow selected signals to help you trade better and of course, make use of the automatic mirror traders based on the strategies that are selected. Forex Mirror Trading Tutorial - Live chart...

Understanding Forex Margin Trading

Trading Articles
Forex Margin Trading is likely one of the fairest and essentially the most compelling investment method available in the forex markets. Forex Margin trading refers back to the leverage quantity given to the traders to trade available in the market. Forex margin trading can be a thought of a forex trader who borrows money from the Forex brokerage firm with a purpose to utilize the dollars specially for trading the Forex markets. Because of forex margin trading, a trader with only a modest capital is able to put money into significantly bigger value contracts. This is also some other term for leverage. The financing proportion in forex margin trading is above 20 times, because of this the Forex traders’ funds may enlarge to twenty times to carry on the trading. Some brokers offer you a le