admin on July 19th, 2010
One of the first strategies learned by the Forex newbies is following the news and trading in accordance with the various news releases that can be considered related to the currencies and the Forex market. The good examples of such news are the macroeconomic reports, interest rate changes, political news and corporate releases. Two main problems arise when the newbies try to trade on Forex news: Trading too late. Usually the main reaction to the news (if [...]
admin on May 28th, 2009
Pivot points is a widely used tool among the Forex traders. But many newbie traders don’t get the idea of using the pivots or just plainly end up using them in a wrong way. There are many types of the pivot points exist and also many ways to calculate them were developed, but here I’ll try to explain the methods of using and calculating the most basic pivots — [...]
admin on August 25th, 2008
The technique of scalping is a very popular one among forex traders, one loved and encouraged by online brokers, and which is made possible by exploiting the high leverages that are typical of this market.
admin on August 14th, 2008
In forex like in other forms of investment, deciding beforehand exactly how much you’re going to risk in a trade and when you’ll be getting out is something of the utmost importance. In forex more than in other markets, though, novice traders tend to avoid this fundamental step completely.
