Forex is a complicated system which still often confounds people with years of trading experience. Knowing how a situation usually resolves itself does not mean that you will be able to correctly predict how it will resolve itself every time. The market data is an excellent way of judging what the situation is at any […]
Don’t assume that you know everything
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If there is one piece of advice that should be issued to every potential Forex trader before they go anywhere near the trading floor (virtual or otherwise) it is this: -You may well arrive at the conclusion that you are always right. Get that idea out of your head now before it is proved to […]
Bulls and Bears – oh my!
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Anyone who has flicked through the financial channels on their cable TV box without really stopping to listen to what is being said will probably be occasionally confused by references to -bulls- and -bears-. These terms are common parlance in trading situations, and can be heard or read in any market analysis if you stay […]
The Perils of Over-Reacting
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Trading on the Forex market is something that can be quite thrilling, such is the potential for making real money. For many people, the thing that attracts them about the Forex market is exactly the same thing that can turn them off it – that is to say the high stakes which exist. Successful trading […]
How does technical analysis work?
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Technical analysis of currency movements is now, more than ever, part of the Forex market. As time has passed, different ways of collecting and displaying data have arisen. These differing ways can be taken in isolation to either create or back up a strategy, or can be combined in order to read how the market […]
Indicators For Forex Trading
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Some people find Forex trading very difficult. The reason behind this is because they did not spend adequate time in studying the market trends and they did not conduct thorough technical analysis. Forex charts are very important and you need to know how these charts are developed. As you probably know by now, the Forex […]
Technical Analysis of the Forex Market
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Along with fundamental analysis, technical analysis is one of the two main methods of informing oneself and building a stronger position to profit from the Forex market. While fundamental analysis allows you to predict the movement of a currency by looking at the political and economic position of a country, technical analysis has more to […]
Key Benefits of Online Forex Trading
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In the past, online forex trading was limited to only big financial institutions and banks who were the only ones benefiting out of it. But, now due to the availability of the Internet, brokers, individuals, brokerage firms and governments agencies, we can have an access to online forex trading with ease. Internet technology has enabled […]
Make Profit By Applying A Forex Trading Strategy
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Successful trading is not an easy job and in a market like foreign exchange one miscalculation can lead to huge amount of losses. But then there are traders and speculators who make a fortune and profits in the same forex market. So what is it that they are doing different? They have a forex trading […]
Picking the right Forex broker for you
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Playing the Forex market is something which more and more people are doing today, yet for those of us who have not yet begun our adventure in the Forex world, it can be a somewhat cloudy topic. Beginning to invest in the foreign exchange market is not something that just happens. That is to say […]
