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What is Forex? "Forex" stands for foreign exchange; it's also known as FX. In a forex trade, you buy one currency while simultaneously selling another - that is, you're exchanging the sold currency for the one... Read more »
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Currency Exchange The Forex market deals in currency exchange on a global level, although there are seven major currencies dominating the market (USD, GBP, EUR, CAD, JPY, CHF and AUD), all the currencies... Read more » |
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Forex Brokers There are 4 main types of Forex brokers: market operators, market makers, small brokers and kitchens... Read more » |
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Fundamental analysis Some traders use Fundamental Analysis for their trading strategy. They follow the effect of economic, social and political events on currency prices... Read more » |
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Historical Data The Gold Exchange and the Bretton Woods Agreement. In 1967, a Chicago bank refused a college professor by the name of Milton Friedman a loan in pound sterling because he had intended to use... Read more » |
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Forex Signals When you're starting out, one of things you discover is that only a few forex traders actually scoop profits out of the market consistently... Read more » |
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Managed Forex Accounts What type of investor should use Managed Forex Accounts? Investors that don’t have the patience to Trade Forex, Investors that don’t want to bother with formal training... Read more » |
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Technical Analysis Technical analysis is the study of market data such as historical and current price data and volume in an effort to forecast future market activity... Read more » |
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Forex Trading The EUR/USD rate represents the number of US Dollars one Euro can purchase. If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars... Read more » |
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Forex Software The Forex software package should let you monitor your trading system efficiently and effectively, which includes remote (e.g. WiFi) access Read more » |
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Forex Books Top recommended Forex related books... Read more » |
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Major Currencies Traded in Forex Market The most traded currency in Forex market (the major seven) are United States dollar, Eurozone Euro , Japanese Yen , British Pound Sterling, Swiss Franc, Australian dollar , and Canadian Dollars. Read more » |