The currency market has remained the world’s largest and most liquid market, with trading running into trillions of dollar daily; anyone can get involved and start making money off this market, especially when trading the Yen, USD and Euro. For the newbies who are just getting started in the market, it is essential that they get acquainted with trading terminologies as their popular uses cuts across various fields. This article looks at various currency majors that investors should keenly observe. Continue reading
If you are looking for an indicator that would tell you about the rate at which the price of a currency changes over time, then you should be looking at the Momentum Oscillator. They are also used in checking the strength of the currency price. What we see in the market is an indicator that behaves like a detector that shows if the forex market is going as projected. Continue reading
“The Fundamentals of Forex Profit”
Forex Trading takes place in a Forex Market where currencies of all the nations of the world are traded through the brokers. Forex Trading is the process in which these foreign currencies are constantly bought and sold across local and global markets, and the value of traders’ investments go up and down running parallel with currency movements. So, this definitely shows that the foreign exchange market conditions are very unpredictable and can change anytime with respect to real-time events. Continue reading
Big Buffett bet
In 2002 Buffett made a very public $12 billion bet against the dollar. He raised the amount to $20 billion as of January 2005, but cut back to $16.5 billion in June 2005 after losing nearly $1 billion in the first half. He closed the account in August 2008. Since Buffett made the forex trades in the name of his publicly traded company, Berkshire Hathaway, forex gains and losses were reported quarterly. Continue reading
Welcome to the world of Forex. Forex is currency trading. An optimum platform for Investing that differs from the challenging NYSE. Successful trading platforms and strategies will be investigated and studied right here at this site. We will also host and review many popular trading sites so that you can dive right in. Enjoy.