When the Forex market moves up and then drops back down some, the highest point that it has reached before the drop down is now resistance. As the market goes back up again, the lowest point that it reached before it starts to climb again…
Thursday, 07 March 2013 18:45

Factors that Affect Forex Trading

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 exchange is a continuous global market, providing a 24-hour market access…
Trading in the worlds largest and the most liquid financial market is one of the best ways to earn money. Here, if you know how, when, and what to trade, you can be sure that you can earn huge amounts of profit. It is a…
Saturday, 02 March 2013 15:56

Introduction To Forex Trading

There are many markets: markets for stocks, futures, options and currencies. These are probably the most accessible markets for everyday traders like you and I. People easily understand the basics of trading shares. I began trading shares first and then I moved on to trading…
Now why should you worry about the price of oil if you’re not buying and selling oil? If you’re neck deep into forex, there’s one good reason. Many of the most important currency trading pairs rise and fall on the price of a barrel of…
Thursday, 28 February 2013 13:14

Forex Broker Can Be Your Best Friend

If you traded in the Forex market before or if you’re still trading now, you may have heard the term Forex broker a lot of times. However, as an individual trader, you may want to know what is a Forex broker and what they do.…
Monday, 25 February 2013 15:06

Great Tips For Successful Forex Trading

Knowing how to trade in Forex is simply just not enough to be successful. In this largest and the most liquid financial market in the world, you need to have more than the knowledge and skills to be successful. You need to know about the…
Friday, 22 February 2013 13:22

Money Management And Forex Trading

Money management is an essential and necessary part of Forex trading. There are a lot of mistakes that Forex traders make, and not following their own money management system is one of them. Listening to other opinions can lead to some costly mistakes, and unless…
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