Gold and Oil
Posted on November 25, 2008 - Filed Under Article | Leave a Comment
Gold and Oil have an important relationship with the Forex market. Often these two commodities are used as a leading indicator in making trading decisions in the Forex market.
Gold
Why would gold have a negative or inverse relationship with the USD if United States is the second larger producer of Gold (out-placed Australia in 2006)?
The answer [...]
Fundamental Principles of Day Trading
Posted on November 19, 2008 - Filed Under Article | Leave a Comment
Most commonly we talk about day trading in the context of stocks and foreign exchange markets. Principles of this apply to both the markets equally.
Characteristics
Day Trading is considered to be an art and not a science. The major characteristic of this form of trading is rapid buying and selling.
Secondly since the market behavior is extremely [...]
Foreign Currency Trading – Is There Any Risk on Forex Market?
Posted on November 1, 2008 - Filed Under Article | Leave a Comment
Foreign currency trading quotes always show up in pairs of two currencies. This means a currency quote is made of two pairs of currencies . Foreign currency trading on margin carries a high level of risk and is not suitable for all individuals. You should carefully consider whether online forex trading is appropriate for you [...]
Forex Trading – How Forex Trading Works For New Investors
Posted on October 28, 2008 - Filed Under Article | Leave a Comment
I had recently become interested and therefore started reading about buying and selling currency.
It’s called Forex Trading. Like most folks I have read about huge possible profits in buying and selling different nations currency.
I searched many forums where a lot questions were asked about this investment system. I remember thinking that most questions were basically [...]
Euro Results For European Economy
Posted on October 21, 2008 - Filed Under Article | Leave a Comment
Euro was established and came into practice with the sole aim of giving the Dollar a tough time as the universal currency. But, as speculated, it hasn’t helped the European economy much; rather, according to surreys and news reports, growth rate of many European nations was just a meager 1.4% in the last fiscal year. [...]
How Many Kinds Of Main Strategies Are There In Forex Trading?
Posted on July 30, 2008 - Filed Under Article | Leave a Comment
There may be dozens of strategies in Forex trading. Let’s just talk about the roots.
Nature Of Market:
Every thing in the universe has its NATURE. So is Forex market. So is every currencies pair in this market. For example, GBP/JPY always moves faster, and its wave range is longer than other pairs, such as a hundred [...]
Forex Trading on News and Economic Releases
Posted on March 2, 2008 - Filed Under Article | Leave a Comment
The movement of the prices in forex trading depends on news and economic releases. Trading according to the news is one of the widely used trading techniques. The question many ask is how to trade the news and is it easy.
First of all, I have to make it loud and clear that trading on news [...]
73% Success Rate From My Trading System
Posted on January 12, 2008 - Filed Under Article | Leave a Comment
Traders just starting out in the forex market are often unprepared for what lies ahead. I believe that to trade forex successfully over a longer period of time, a proven system is the answer.
After years of building system, testing, modification, and more testing, I had finally created a system that had helped me to achieve [...]
Forex Trading – The Basics For the Budding Forex Trader
Posted on June 12, 2007 - Filed Under Article | Leave a Comment
Its one of the biggest financial market with huge daily volumes.
Forex trading started way back in 1970 and has grown into a really large market. It’s the biggest financial market in the world. With the advent of internet, it has become really easy to deal in forex. There are 5 major currencies of the world [...]