|
|
|
Fear And The Profitable Forex Trader.
Forex trading is one of the most looked for occupations for many
people these days. Around the world people is getting tired of
fixed working hours and tight cubicles that limit their
aspirations of a more relaxed and satisfying working life.
...
"How To" Start Trading The Forex Market ? (Part 4 )
How Currencies are quoted and what moves individual currencies?
ONE of the best advantages in FOREX Trading is
The amount of money you need to place a trade (known as
"margin") is all that can be lost !
You have to know, that...
Short Introduction to Elliot Waves as a Resource in Forex Trading.
The Forex market has the largest volume of trades per day among
all the capital markets you can trade. This characteristic
together with it's high leverage and around the clock trading
schedule makes Forex very attractive for traders around...
Trading Forex To Advance Your Financial Position
Everyday, currencies are traded in an international foreign exchange market, otherwise known as the forex market, with the main marketplaces (otherwise known as bourses) existing in the world’s financial centes New York, London, Tokyo, Frankfurt and...
Two Great Forex Indicators: Bollinger Bands and Fibonacci Retracements.
Forex trading is a fascinating way of earning a living online,
and if you are seriously considering entering this fascinating
world of forex trading you must consider, by all means, the
learning and understanding of a number of indicators that...
|
|
| |
|
|
|
|
|
|
Three Important Forex Concepts For New Traders.
As you enter the world of Forex you will find yourself learning
and using many new concepts that you may not have used or heard
before.
Three of this important concepts that you must understand are
what "Pips" are, What "Volume" is and what you do when "Buying"
and "Selling Short". They may look more like four concepts but
Buying and Selling are like the two faces on the same coin so we
can consider them as a single concept.
Lets first introduce what Pips are. Maybe you have heard or read
already how many pips a day you can make using some trading
system. In short, currency pairs prices will go out to 4
significant digits. For example; if one currency pair is trading
for 1.3451 then an increase to 1.3452 would be a "one-pip"
increase in the price of this particular currency. This is an
increase of one hundredth of a percent of the value of the
currency pair you are trading. And depending the type of account
you have, regular or mini, each pip will have a value of $10 or
$1. So if you make 10 pips a day with a regular account you
would have made $100 and with a mini-account $10.
Now we can talk about the Volume; trading Volume is a quantity
that tells traders how much money is being traded at one
particular moment. And the forex market is known by its high
volume of trading during most of the time markets are open. Some
times there can be spikes in the volume during some type of
news
breaks and during the time New York stock exchange is open. The
volume of transactions in Forex, even in a slow day, will always
be much higher than the volume traded in other large exchanges
at their full capacity.
Now maybe the most obvious of the concepts. Buying refers to the
acquisition of a particular currency pair to open a trade.
Selling short refers to the selling of a particular currency to
open a trade. When you Buy, you are expecting the price of the
currency pair to increase with time, i.e., you buy cheap to sell
high. In the case of Selling short, it looks a bit more
complicated. Here the way to make money is to initially sell a
currency pair that you think will lose value in a given period
of time and then, once it happened, you will buy it back at the
new price but now you can sell it at the previous greater price
the currency had when you opened the trade, so you earn the
difference in prices. I know it seems kind of tricky, but once
you are in front of your trading station it will look much
simpler.
Understand well these three concepts and you will start with
solid steps you trading career.
About the author:
Adrian Pablo is a freelance writer with articles published in a
number of places. Get a free report on Fibonacci Trading and
learn more about the world of trading , visit:
http://www.1-forex.com
|
|
|
|
|
| Currency Trading, Forex Trading, Forex, Online Currency Trading |
| Offers 24 hour online currency trading for institutions and professional traders. |
| www.fxcm.com |
|
| OANDA FXGame - Currency Trading Demo Platform |
| You can start playing the currency trading market with real market conditions ... The platform was created with the goal of making currency trading ... |
| fxgame.oanda.com |
|
| Forex | Forex Trading | Forex Minis | Online Currency Trading |
| FOREX.com - THE site for forex trading. 24hr commission-free currency trading w/ real time execution and guaranteed fills. Forex mini accounts from $250, ... |
| www.forex.com |
|
| Currency Trading News, Forex Trading News, FX News, Forex News |
| Currency Trading News, Forex Trading News, FX News, Forex News - Daily FX. |
| www.dailyfx.com |
|
| Currencies - Currency Converter & Latest Rates at CNNMoney.com |
| Dec 6 1:18pm ET †, US $, UK £, Japan ¥, Euro €. US $, 0.5079, 115.05, 0.7517. UK £, 1.969, 226.50, 1.4798. Japan ¥, 0.008692, 0.004415, 0.006533 ... |
| money.cnn.com |
|
| FOREX Advisory |
| The CFTC urges you to be skeptical when promoters of foreign currency trading claim that their services or account management will earn high profits with ... |
| www.cftc.gov |
|
| Forex Trading: Online Currency Trading from Global Forex Trading |
| Global Forex Trading is the premier online foreign currency trading firm and a primary market maker. To learn more about forex trading, visit GFTForex.com. |
| www.gftforex.com |
|
| Amazon.com: Foreign Currency Trading: From the Fundamentals to the ... |
| Amazon.com: Foreign Currency Trading: From the Fundamentals to the Fine Points: Books: Russell Wasendorf by Russell Wasendorf. |
| www.amazon.com |
|
| Forex, Online Currency Trading, FX, Foreign Exchange | ACM Forex |
| Forex Trading with The Forex Broker. ACM offers online currency trading, commission-free, tax-free, lowest forex spreads on the market, guaranteed fills, ... |
| www.ac-markets.com |
|
| OANDA FXTrade - Currency Trading, Forex Trading, Online Currency ... |
| Currency Trading with FXTrade, leader in online currency trading, provides real-time execution, free forex charts and quotes, and 24 hour forex trading. |
| https: |
|
| Forex-Day-Trading.com - Currency Trading with FREE Training |
| Learn how to day trade currencies with our free training. Try a free forex trading demo for 30 days. |
| www.forex-day-trading.com |
|
| Forex Online Currency Trading: Welcome to Global Forex |
| Global Forex offers online currency forex trading at inter-bank FOREX rates. Try our FREE online forex demo trading system. |
| www.globalforex.com |
|
| Forex trading - Realtime Forex online currency trading |
| Realtime Forex offers commission-free online currency trading on live foreign exchange prices. Realtime Forex’s currency trading service also includes free ... |
| www.realtimeforex.com |
|
| Forex Blog |
| Forex news blog with daily commentary. Has a good beginner's article. |
| www.forexblog.org |
|
| Common Questions About Currency Trading |
| Whether you're puzzled by pips or curious about carry trades, your queries are answered here. |
| www.investopedia.com |
|
| OANDA FXTrade - Currency Trading Basics |
| Currency Trading Basics. Exchange Rates and Spreads: ... In currency trading, these codes are often used to express which specific currencies make up a ... |
| fxtrade.oanda.com |
|
| Currency trading, free forex charts, news and analysis |
| Online currency trading with technical analysis, charts and forex news. |
| www.gfforex.com |
|
| Finance - Currency-Trading Ezine Articles |
| EzineArticles.com allows ezine or email list publishers to upload or download free expert content that can be used within email newsletters or websites. |
| ezinearticles.com |
|
| MGFOREX |
| MG Financial Group - Forex, FX, Online Forex Trading. |
| www.mgforex.com |
|
| DirectoryM - Debt Settlement Solutions |
| Simply provide your contact details and describe your needs to receive a free consultation from business or personal debt service providers. |
| www.directorym.com |
|
|