Choosing The Best Online Forex Trading SystemsBefore plunging in trading, you must know certain terms that are used in the market. One important term is the forex trading system. What it is all about, and what is its... [Read more]
Limiting Your Losses When Investing In Shares Or The ForexWhen you invest in currencies on the Forex be just as caut... [Read more]
Understanding Forex - #3 - Fundamental Analysis.1. What is ... [Read more]
What’s Fibonacci Forex Trading?Fibonacci was an Italian mathematician and he is best remembered by his world famous Fibonacci sequence, the definition of this sequence is that it’s formed by a series of numbers where each number is the sum of the two preceding numbers; 1, 1, 2, 3, 5, 8, 13 ...But in the case of currency trading what is more important for the forex trader is the Fibonacci ratios derived from this sequence of numbers, i.e. .236, .50, .382, .618,... [Read more]
Forex For Absolute Dummies•Bid – to buy •Ask – to sell •Liquidity – financial ease of transaction, i.e. cash •Trading volume – the amount traded •Bid/ask spread – the difference between the proposed buying price and the actual selling price •OTC – over the counter •Exchange rate – the difference between currency values; for instance, a Canadian dollar is valued at .86 of a US dollar •Hedge funds – large mutual funds companies that control vast amounts of money and are able to manipulate the value of a currency through speculation •Central bank – the national bank of a nation, which usually exerts control over the value of that cur... [Read more]
