Not all Forex brokers are equal. Within the large universe of Forex brokerages seeking your business, there are both bad guys and good guys. There are several questions you need to ask and set criteria to be met when determining which Forex broker is one of the good guys. Read More
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Oct26
Who Are the Good Forex Brokers?
Posted in: Forex, forex brokers, forex strategy
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Oct24
The Forex market sends signals to traders indicating the most opportune time to buy or sell a currency. However, unlike a traffic light, these signals are not clear-cut red or green lights. Forex signals are conveyed in a more esoteric fashion and require complex analysis to decipher. Both fundamental and technical events can trigger a given signal, and these signals have the propensity to change faster than you can type. Read More
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Oct18
Learn Forex Trading: The Basics
Posted in: Forex, forex strategy, forex trading
Forex trading can be both profitable and exciting. However, as with any endeavor, it is important to become educated and craft a well thought-out-plan before diving in head first. A good primer in Forex trading is the best first step for those seeking to conquer the world’s currency markets. Read More
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Oct18
Now that you have a basic understanding of Forex trading and the differences between fundamental and technical analysis, the next critical area is the one of money management. Many Forex traders devise great strategies that would have yielded significant profits had they not depleted their bankroll with a few unfortunate early trades that went against them. In Forex there are no sure trades – no matter what your strategy, it is always possible for a given trade to be a loser. Read More
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Oct18
Forex traders employ a plethora of methodologies to assist in predicting which currencies will either gain or depreciate in value. Whereas no currency trader possesses a crystal ball, many smart Forex traders over the years have developed regimens of analysis, which can be divided into two primary categories. The future movements in a currency’s valuation can be projected by using either “fundamental” or “technical” analysis. Read More
