Forex Basics

Whether you're a new trader or an experienced trader looking to review some Forex basics, you've come to the right place. From tips for choosing the right broker to understanding basic trading principles, the best in Forex basics can be found below.

Don't see what you're looking for? Check out the full list of Forex articles published by DailyForex.

 

Ready to try out Forex trading? Open a demo account now! Find a Forex Broker


 


Forex Basics

The Importance of Technical Analysis in Forex Trading

Not sure why you should pay attention to technical analysis in your Forex trading? You most definitely should, and here's why.

How do Forex Automated Systems Work?

If you are going to trade Forex, sooner or later you will hear about automated Forex systems. They are also called “robots”, “expert advisors”, and “auto traders”. Learn how these systems work here.

What is a Hammer?

One of the most important candlestick formations that a trader can learn is without a doubt the “Hammer” or “Shooting Star”. In a nutshell, these candles can show a potential reversal of the trend. They tend to congregate at important inflection points in the markets, and can often predict a sudden move in the other direction.

How the Greek Drama Affects Forex Trading

If you're confused about how one country's trouble can affect the entire Forex world, you're not alone. Read this article to see how and why Greek's troubles are affecting the Forex market.

Bull Markets vs. Bear Markets - An Explanation

When trading the financial markets, you will quite often hear the expression "bull market", or sometimes "bear market". While the exact origin of these two expressions is up for debate, the meanings are important for understand Forex market analysis.

Fixed Spreads versus Variable Spreads

When you shop for a Forex broker, you will see that some brokers offer fixed spreads, while other offer variable spreads. Understanding the difference can help you determine which broker to choose. Get the full story here.

5 Critical Features for Any Forex Broker

When trading the Forex market, there are certain features that you will want to be aware of when it comes to your broker. Here is a short list of some of the biggest points.

Forex Market Analysis in Simple Terms

There is a well-known ongoing debate in the financial markets that is also very common among Forex experts. I am referring to the various tools one can use to analyze the market and ultimately predict future trends.

The Ups and Downs of a Forex Demo

The potential that Forex brings to the table is unprecedented in the financial world. Where else can you open transactions of millions of dollars with as little as a few thousand in your account?

Forex Margin Requirements

No matter what kind of account you set up with your Forex broker, there are going to be Forex margin requirements. Put very simply, this indicates the amount of money you need to keep in your account in order to trade.


1      3   4   5     Next
 
AVAFX Special Bonus for DailyForex

Live FX Rates

SymbolChangeHighLow
EUR/USD0.00721.25961.2562
AUD/USD0.01010.98620.9799
EUR/GBP0.00240.80230.801
EUR/JPY0.29100.1999.81
GBP/USD0.00471.57081.5678
USD/CAD-0.00471.02711.0249
USD/CHF-0.00480.9570.954
USD/JPY-0.2679.7379.39

Daily Forex Trader's Corner

Free Forex Trading Courses
DailyForex has teamed up with Online Trading Academy to provide you with 3 e-courses for FREE! Valued at $150, these courses focus on Technical Analysis, Trading Basics and Risk Management.

Get Your Free Forex Courses Now

Stay updated with our

  • Forex RSS
  • Follow us on Twitter
  • Join our Facebook Page
  • Visit DailyForex.com's Channel on Yotube
  • Join our LinkedIn group and meet other Forex traders/experts
  • Read and follow us on SeekingAlpha, one of the Web's leading financial sites