Foreign Exchange 4U - Currency & Forex

Being new to FOREX trading? Don?t worry, getting started in FOREX trading is easy and you can always test your skills first in a demo account before you go ?live? with real money. To get started in FOREX trading, we have to get to know what FOREX is. For the inexperienced, FOREX trading involves buying […]

Weekend ActionTraders were eagerly anticipating the weekend?s G7 meeting, specifically any comments made regarding the Japanese Yen and its continued weakness. The G7?s failure to comment specifically on the Yen?s situation was seen as an indication that there is no planned intervention from any of the world?s major central banks to increase the strength of […]

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 […]

Several Americans and many other various nationalities are very curious and want to find out how to get proper Forex trading education. The wealth that can be achieved by trading on the Forex market can be very substantial as it is the largest trading market around the world. It rough daily turnover is 2 trillion […]

One of the beauties of the Forex market is that, when it comes to buying and selling, traders have considerable flexibility in the manner in which they place their orders, allowing them to both maximize their profits and limit their losses.

Market Order

The simplest order is a market order in which the trader buys or sells […]

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 […]

And who determines currency values?

The answer to the second part is easy. Currency value is determine by the purchasers of the currency. These are primarily travelers, governments and Forex traders. FOREX stands for Foreign Exchange. There are many factors that currency traders, governments and businesses take into consideration in determining the […]

Savvy forex traders often pinpoint the opportunities in forex trading and persist to time the industry so they know precisely when the right time is to trade, or buy. The problem is many traders buy at the wrong time, although they have monitored, explored, and checked the quotes daily. In addition, these people tend to […]

Total the amount of money involved in a day?s trading on the US stock and Treasury Bills markets by three, and you?ll still have less than a third of the amount of money which exchanges hands on the currency Forex–foreign exchange–market. The currency Forex market is where the money of one country–US dollars, for […]

Support and resistance are the known cornerstones in Forex technical, wherein:

1. a current Forex rate (CFR) is surrounded by levels of:

a). resistance being superior to CFR

b). support being inferior to CFR.

2. a level breakthrough triggers a leap to a consecutive support/resistance

3. a false breakthrough is responsible for a rate backstroke (say, from resistance to support).

Thus, […]