Tag: forex market

How to consistently profit from forex trading

Trading Articles
If you wonder if it's possible to generate a mammoth wealth from Forex trading through investment trading practices, you might be in for a surprise. Most investment ideas skip teaching the right way to become directional traders! This implies you won't be able to learn the way to make the perfect guess about the direction in which the market will move. And this is the most significant step in Forex trading that has the possibility of turning the wheel of fortune in your favor. Instead, the trading strategies provide endless access to training webinars and web based software. They'll tell you how to operate the program and put your trades in front of different brokers. You'll also learn how to establish your account where you can build your own portfolio. Forex trading investment strate...

Types of Forex Trading and Strategies

Trading Articles
The foreign exchange market, or forex, being the largest financial market in the World has been the domain of government central banks as well as for commercial and investment banks in a scandalous manner and it exists wherever one currency is traded for another. But recently more numbers of individuals are handling the forex market as it offers trading 24-hours a day, five days a week, and the daily dollar volume of currencies traded in the currency market that exceeds $1.9 trillion daily, making it the largest liquid market in the world. "Foreign Exchange" is the place where the money of one nation is traded with the other nation. The most popular pair of exchange in the forex market is "Euro Dollar". You can view these pairs in all forex display screens as "EUR/USD". Forex trading st...

Forex Broker- Finding the Ultimate Forex Broker

Trading Articles
The following report includes some fascinating information about finding the ultimate forex broker, information that traders can use to trade forex towards success. So what is forex broker really all about. Because of the global nature of the business, there is a diverse range of financial regulatory environments depending on where the forex broker is based. Forex Broker Introductory forex brokers are generally, existing traders who have solid experience and sound knowledge of the forex market. However, inexperience and over enthusiasm can only do bad and bring in losses so, traders will need an experienced forex broker to help you put your money in the right place at the right time. Forex Markets and Broker Forex markets are the most liquid and accessible markets in the world. Forex tra...
What is Support and resistance in forex trading

What is Support and resistance in forex trading

Trading Articles
Support and resistance is one of the most widely used concepts in trading. The concepts are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade. Support and resistance trading is considered to be one of the most effective ways of Forex trading since it is based on the primary source of information -market price itself. Forex Support Levels – Areas which price cannot seem to break below. If a break does happen, this is only temporary and the price will soon return above the level. Forex Resistance Levels – Areas which prevent the price from rising further. These levels act like a ceiling and appear to force price back down when it tries to break above the level.
Who are forex market participants

Who are forex market participants

Trading Articles
Unlike a stock market, the foreign exchange market is divided into levels of access known as forex market participants. At the top is the inter-bank market, which is made up of the largest commercial banks and securities dealers. Within the inter-bank market, spreads, which are the difference between the bid and ask prices, are razor sharp and not known to players outside the inner circle. All these together form the forex market participants. The difference between the bid and ask prices widens (for example from 0-1 pip to 1-2 pips for a currencies such as the EUR) as you go down the levels of access. This is due to volume. If a trader can guarantee large numbers of transactions for large amounts, they can demand a smaller difference between the bid and ask price, which is referred to ...