admin on February 4th, 2012
If you’re just getting into Forex, you probably have seen a lot of websites promising to teach you how to turn a thousand dollars into a million within a year. You’ve seen advertisements telling you that you can quit your full-time (or part-time) job elsewhere and trade for a living NOW. You’ve heard about the huge leverage which many Forex brokers allow you to use and think that leverage [...]
admin on January 31st, 2012
This is a guest blog post provided by http://www.sunbirdfx.com/: Technical analysis has been a popular form of analysis in traditional investing, but it can be used to help lock in profits in Forex trading. Technical analysis looks at past prices to try and predict the future. There are several methods traders can use, but they all use past price movements. Here, we will look at how to use technical [...]
admin on December 22nd, 2011
As any accurate brochure or legitimate broker will inform you, Forex is a risky business. You are taking a risk with every trade you place; it’s a calculated risk, and since nothing in life is certain, this isn’t an unreasonable way to make a living. You’ve probably heard people say that investors are gamblers. Many are—but a few aren’t, and it’s the few who aren’t who succeed. The difference [...]
admin on December 2nd, 2011
Should you trade financial reports in Forex? Some traders make their entire living trading reports—others make their living by avoiding them. What impact do financial reports have on the Forex market, which reports should you pay attention to, and what’s the best way to trade them—or not? Whenever a financial report comes out, Forex traders who make their decisions based off of fundamental analysis look [...]
admin on October 24th, 2011
This is a guest blog post provided by http://www.everestforex.com/: Technical indicators are a set of analytic tools used to detect pricing trends and to predict future movements in price. They can be classified according to the kind of forecasts or indications that they make and categorized into three types: Leading, Lagging and Coincident. A lagging indicator is an economic factor or event which occurs after a change in the economy has already happened and a new pattern [...]