Forex Signals Forex or Foreign Exchange is a monetary trading market that concentrates on the variances in exchange rates between different countries’ currencies. One of the major benefits of trading in Forex is the fact that it is a twenty-four hour market that does not close. Typically in the trading world a signal is a…
Whether you are just starting out of someone a little more seasoned here are three things to look for when choosing a forex broker. Since the entire concept of trading is making good decisions, having a strategy is important and knowing the pitfalls of picking a broker can save you time and money. The first…
What is Forex? Forex refers to ‘foreign exchange’ and is indeed currency trading. It is the world’s largest financial markets (with a daily turnover over $3 trillion), in which a nation’s currency is traded for that of another. In other words, a trader buys a currency by another one. Since the forex market has no…
Everyone who deals with Forex trading knows about the term Forex PIPS which is very important for the trading. The full form of the word PIP is stands for percentage in point. And it’s a smallest price increment in Forex trading. In the Forex market the prices will be quoted to the four…
Forex Trading “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…
Forex Trading Strategies – Understanding the Different Sets of Strategies There is no such thing is a born trader as many might think. Trading techniques and skills are developed with time and if followed the right footsteps anyone can become an expert Forex trader. The problem that usually arises is that beginners and intermediate traders…
What Is MetaTrader Expert Advisor? Working with the Foreign Exchange market was a thing for billionaires and established businessmen in the past. But now thanks to online brokers and their trading platforms, anyone can become a successful Forex Trader in the comforts of their own homes. Programs written in MQL4 language that allow analysis and…
Carry Trade Forex Calculator The currency carry trade is a trading strategy in which the operator takes an amount of currency that has a relatively low interest rate and uses the funds gained to give another currency has a higher interest rate. Thus, the trader is trying to capture the price appreciation or depreciation of…
USD – It has been another roller coaster week in the Forex market with quickly altering sentiment and poor economic data in the United States. The passing from the Greek confidence election provided a brief sigh of relief with poor data from China and also the Euro. Other setbacks in US unemployed claims, pressed sentiment…
The dollar dropped probably the most inside a month from the yen following the June payrolls report which demonstrated that companies added the fewest jobs in nine several weeks and also the unemployment rate elevated towards the greatest level this season.