Foreign Exchange 4U - Currency & Forex

See beginning of this article under name ?Where to look for trends at Forex , or the faultless gaining of profit by a trader. (Part I)?

You try to set up hypotheses of your own. If the market confirms them, you can use such hypotheses as the foundation of your practical work - otherwise, you are […]

The classical figures of continuation and reversal of the trend are always of great importance to a working trader.

A trader can come across the following figures.

? A figure of the trend prolongation (continuation) indicates that there takes place the trend common correction (recoil). After the end of it, a deal must be opened along […]

The given chapter is dedicated to the problem of Moving Averages (MA). It is one of the principal indices at Forex. In their book “Computer analysis of future markets”, Ch. Lebo and D. Douglas state that the greatest sums of real money are earned by making use exactly of the MA index. Even taken together, […]

Have you heard about FOREX? How currencies are traded?

When you think about Forex, what do you think of first? Which aspects of Forex are important, which are essential, and which ones can you take or leave? You be the judge.

Let?s talk about FOREX and advantages of FOREX trading.

The good thing about FOREX is that the […]

Before jumping into the forex market, you need to arm yourself with some terminology that will be used in any course or software on this subject. The following set of terms were put together with the idea of providing the novice forex trader with the fundamental concepts of the forex trading business. While they sound […]

Almost all newcomers to the currency trading start their journey with the so called ?majors?. And not surprisingly so. These instruments are the most popular, most liquid, and most prominent. They are also all dollar based.

What are the ?majors?? While there is no formal definition for that term, ?majors? are the USD denominated currency pairs. […]

The price of a currency is determined by a variety of different factors perhaps the most important of which are political and economic conditions in the country issuing the currency. Currency prices will, for example, be influenced by such things as a country's political stability, its rate of inflation and its interest rates. Governments can […]

Any trader must develop a trading system of his own. I is the principal condition for the regular and stably-profitable work at Forex. Every successful trader whom I know does hold this opinion. That is, such system must clearly and impartially indicate points of the entrance into the market and the exit from it. The […]

More than 80% of daily forex trading involves major currencies like Australian Dollar (AUD), British Pound (GBP) GBP/USD is known as cable because GBP/USD were the first two currencies to be traded against one another, Canadian Dollar (CAD), Japanese Yen (JPY), Swiss Franc (CHF), and the US Dollar (USD). USD is like the world reserve […]

The foreign exchange market is exploding! About two trillion dollars are being traded daily! and yet Americans are lagging far behind their international counterparts in entering this market. How can this be? Americans have never taken the backseat to anyone in any financial market. Why is forex the exception?

Having lived my first 20 years in […]