Average range indicator supplies some extra information that can be vital for forex trader on their trading journey. It displays the current trading range which you can use while placing stop-loss or take profit orders. You [...]
The Forex market is the largest trading network in the world with $5.3 trillion dollars being exchanged every day. There are dozens of different currencies traded but the big players to focus on are all traded with [...]
Foreign exchange trading, in the way that we know now it, would not exist if it were not for the rapid development of forex trading software. These software packages allow forex traders to work from their own personal computers [...]
What Is FOREX or FOREX MARKET? PART I
The Foreign Exchange market (also referred to as the Forex or FX market) is the largest financial market in the world, with over $1.5 trillion changing hands every day.
That is [...]
Why is FOREX trading so popular?
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 [...]
10 REASONS TO START TRADING FOREX!
More and more well informed investor and entrepreneurs are diversifying their traditional investments like stocks, bonds & commodities with foreign currency because of the following [...]
How Currencies are quoted and what moves individual currencies?
ONE of the best advantages in FOREX Trading is
The amount of money you need to place a trade (known as "margin") is all that can be lost [...]
What are *PIPS* ?
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: