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How Currencies are quoted and what moves individual currencies
2008-07-24 17:53:00
ONE of the best advantages in FOREX Trading isThe amount of money you need to place a trade (known as "margin") is all that can be lost !You have to know, that despite the super-high leverage offered by some Forex brokers up to (400:1); meaning if you put up $ 1000 the broker will allow you to trade like you really have $400.000), Forex trading is still less riskier than Stock or Futures Trading,
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10 REASONS To Start Trading
2008-07-21 11:42:00
More and more well informed investor and entrepreneurs are diversifying their traditionaal investments like stocks, bonds & commodities with foreign currency because of the following reasons:1) FOREX is the largest financial market in the world. With a daily trading volume of over $1.5 trillion, the spot FOREX market can absorb trading sizes that dwarf the capacity of any other market. In fact
Read more: Start , Trading

Why is FOREX trading so popular?
2008-07-21 11:27:00
Because you can trade from anywhere. From your kitchen table, bedroom, garage or from the nearest Starbucks coffeehouse ( most of them have wireless Internet connection). If you have or like to travel, take your laptop with you and you can trade the FOREX anywhere in the world where you have an Internet connection. When you want to start trading the Forex Market nobody is asking you for a diploma,
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What Is FOREX or FOREX MARKET?
2008-07-21 10:20:00
The Foreign Exchange market (also referred to as ది Forex or FX market) is the largest financial market in the world, with over $1.5 trillion changing hands every day. That is larger than all US equity and Treasury market combined !!Unlike other financial markets that operate at a centralized location (i.e. stock exchange), the worldwide Forex market has no central location. It is a global ele


HOW TO READ FOREX PRICE
2008-09-11 03:18:00
Forex Price Charts, what DO they mean and HOW touse them?Important numerous facts as discipline, trading rules, not being greedy etc., but one of the most important things is:LEARN to read the charts as Charts represent the lifeblood of the market.I admit that reading charts, and interpreting patterns, are more an art than a skill. Base and apply your entry and exit decisions on YOUR OWN combined


HOW TO BUY ( going “ LONG ”) and SELL ( going “ SHORT ”) in the FOREX Market?
2008-09-04 09:33:00
Keep in mind 2 very important rules:RULE # 1) Cut your LOOSING trades and let yourWINNING trades RUN YOU WILL HAVE LOSING TRADES. Every FOREX trader has.The secret is, that a consistent, disciplined trader, at the end of the day, adds up more winning trades than losing trades.When you and see on your charts, without any doubt, that you are in a losing trade, don't keep losing money. Most of the no
Read more: Market

What are *PIPS* ?
2008-09-04 09:18:00
Currencies are traded on a price/ point (pip) system. Each currency pair has its own pip value.When you see a FOREX price quote, you'll see something listed like this:EUR/USD 1.2210/13Explanation:a) If you want to BUY the EUR/USD ( meaning you BUY EUROS and SELL US$ ) you buy 100,000 EUROS and you SELL 122,130 US$, or in other words you receive 122,130 US$ for 100,000 EUROS.B) If you want to SELL


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