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