If You Are Interested in Forex Trading, Take a Course First!
The Foreign Exchange Market (Forex) is a form of exchange for the trading of international currencies. While many people have heard of trading stocks and bonds, currency exchange is less well known, but a great way to make profit if performed properly.5 Criteria for Choosing a Forex Broker
Are you trying to choose a forex broker? We’ve assembled the five main points you should always look for when choosing a forex broker. Can you afford not to read it?Getting Started Using the Right Exchange Market
Forex trading is the global exchange of currency on the Foreign Exchange Market. As one currency is sold, another is purchased in the hope of making a profit. Currency transactions basically have a bartering nature so the price of one currency can be quoted in that of another country.Three Ways to Gain Forex Profits
Forex trading is not always easy and sometimes generating profits can really get on your nerves and test your abilities but one thing that all traders should keep in mind is that it is not impossible. All you need to is a bit of research and a tested strategy that works for you then all you have to do is wait and watch for the money to start rolling in. There is little chances of these methods back firing on you so it doesn’t hurt to try these three simple tips.EUR/USD Seasonal Patterns – Use a Seasonality Strategy to Trade the EUR/USD
So what are forex seasonal patterns, or forex seasonal charts? For our purposes, seasonality is the tendency of a currency pair to bottom or top at certain points in the year. From seasonal factors we can isolate times of the year which are likely to be turning points for the EUR/USD.GBP/USD Seasonal Patterns – Use a Seasonality Strategy to Confirm Entry and Exit Points in Forex
There are indeed consistent GBP/USD seasonality patterns, and we can see these patterns by looking at the following seasonal chart of Pound futures. These seasonal tendencies can be used find opportune times to trade the GBP/USD forex pair (or Pound futures).How Much Forex Leverage to Use
With some forex brokers offering up to 500: 1 leverage it is little wonder why “How much forex leverage?” is a common question especially among new (and seasoned) forex traders. Most traders realize that leverage is a double-edged sword, magnifying profits as well as losses.Trading On The Foreign Exchange Market
The Foreign Exchange Market, usually abbreviated to forex, allows you to buy and sell currencies from across the world in a bid to make a profit. World financial centres act as anchors of trading between buyers and sellers, who can be anyone from a small, private investor with just a few pounds to invest, to multibillion dollar corporations investing and making large amounts of money.