August 27th, 2008
Leonardo Fibonacci (1170-1250) was an Italian mathematician, considered by many to be the most talended of the Middle Ages. He popularized a number series, which would later be named after him, as a model of the rabbit population growth generation by generation, but it will later be discovered that these number can be applied to a variety of other situations, including forex trading.
Read the rest...August 26th, 2008
Drawdown and risk/reward ratio are two parameters to always keep in mind when trading forex, as they indicate your risk factor for your open trades in a very precise and clear way.
Read the rest...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.
Read the rest...August 22nd, 2008
In the world of currency investing, the three terms “stop loss”, “take profit” and “trailing stop” are widely used, since they are the best known kind of limit orders that are used to close a trade under specific conditions, allowing the investor to greatly reduce its risk exposure and trade with more serenity.
Read the rest...August 21st, 2008
In forex like in many other areas of the investing world, there are mainly three ways of indicating market movements and prices: line, bar and candlestick graphs are the tools that make it easy for you to understand the behaviour of any given pair during a certain timeframe.
Read the rest...Welcome to ForexNewbies.com, the premium resource for all your forex trading needs!
Browse our tools, download our free eBooks, join our forum and share your experience with other traders. Read our vast selection of articles and tutorials to help you avoid the common mistakes and build your own trading strategy.
