Author Archive
Does Forex Trading Really Live Up To All The Hype?
If you’ve heard of Forex trading (also known as foreign exchange trading), great. It’s one of the hottest topics around right now and its popularity is growing. What is it, though, and how can you as an average trader make money in it?
Forex is also called “FX,” and both are short for “foreign exchange.” Foreign […]
Technical Analysis Versus Fundamental Analysis
Those who participate in the Forex market have two basic schools of thought in regard to analysis. One is technical analysis and the other is fundamental analysis.
Technical analysis believes that prices tend to follow patterns. Therefore, if one analyzes past price patterns, one can more easily predict what prices will be in the future.
Fundamental analysis, […]
Fundamental Forex Analysis Explained in Plain English
If you’ve been trading for a while, no doubt you know that as a smart trader, you have to be able to analyze the market and predict price movements. This is true whether you trade in commodities, stocks, bonds, currency or any other type of security.
You can do analysis in two different ways. You can […]
6 Warning Signs of a Forex Trader Destined to Fail
You can make an incredibly profitable living via Forex trading. A combination of low minimum entry requirements and margin leverage mean that small investors can do extremely well in these markets. However, despite the best opportunities, plenty of people still lose out trading on the foreign exchance markets.
There are a number […]
Forex Profits and Losses - Calculating Them Properly
Just about any online Forex broker you pick will have a trading platform available to automatically calculate your profit and loss. However, it’s important to understand the basic math that goes into this. That’s a good way to make certain that your broker is honest, and it’s a good skill to have. […]
How to Choose a Forex Broker That Won’t Suck You Dry
In order to successfully trade on the foreign exchange market, you’ll have to find a broker. This is someone who helps you execute trades in exchange for a commission on every trade. However, there are a lot of brokers out there who want your business. That means that it can be hard […]
Profit From Forex Trading With Moving Averages
When you forecast Forex prices for the future, you use moving averages as a charting tools that will help in your predictions. There are several different kinds of moving averages.
Simple Moving Averages
You calculate a simple moving average (also known as SMA) by dividing the total of the past chosen period closing prices by the […]
Forex Analysis - Turning Data Into Dollars
When you analyze Forex, you want to try and predict which way the market is going to move. If your predictions are right, you’ll profit, but if you aren’t right, you’ll lose your money. You can do a Forex analysis in two ways. One is technical analysis and the other is fundamental analysis.
Technical analysis means […]
Maximize Your Chances of Success By Choosing the Right Forex Trading Account
If you trade on foreign exchange (or Forex) as a hobby part-time, you can open account in your name. If you intend to trade in Forex full-time, then you need to open a business account. You can use your own account as your business name. Opening a business account will make it easier when you […]
Choose Your Forex Broker Carefully
When you start trading in foreign exchange or Forex, you need to choose a broker or brokerage firm that is registered with the proper regulatory bodies. If you don’t, you could find yourself in dire straits.
If you are in the United Kingdom, look for Forex brokers who have registered with the Financial Services Authority, […]
