Imagine the next time you join a discussion about automated forex trading. When you start sharing the fascinating automated forex trading facts below, your friends will be absolutely amazed. The concept of automated forex trading is fast catching on. The first market to move to automated trading was exchange-traded futures. Following this, trad

Trading covers a multitude of sins, or at least a multitude of markets. Mention "trading" to a non-trader and they'll probably think of stock and shares but there are many other markets you can trade in. These include commodities, futures, indices, CFDs and options. They all have their pros and cons and some require specialized knowledge. Th

If you are one of those individuals who want to start trading in the foreign exchange market online, you will need to find the right forex software system. The foreign exchange market is a fast paced market; and having the right tools for trading - good forex software system and high speed internet connection - can help you make good trading decisi

Currency and currency investments change just as the trends in the stock market do. There are currencies which perform better in the stock market then others. There are several issues to take into consideration when choosing which currency you should trade with. The most important points are the volume of that currency and the liquidity. These a

Forex trading is certainly becoming popular with currency traders. Although Foreign exchange trading can be confusing for newbie's the market still lures many people in because it has numerous advantages when compared to other types of trades. Forex trading is somewhat different from stock exchange markets and there are opportunities for those wh

Gold has a place in history regardless of the country of origin. Perhaps it has to do with the fact that gold is seen as a common currency in every country in the world. Gold sees no boundaries. History states that gold coins have been minted since around 670 BC when King Gyges of Turkey minted some gold coins for his personal currency when traveli

A common misconception among many newcomers to the Forex market is that they think just because they have seen people making huge sums of money trading currency that they can accomplish the same results just as quick. Just like anything else there is a learning curve plus there is a lot of research and strategy that goes on behind the scenes to mak

The term Forex is short for foreign currency exchange market, and it refers to the direct trading of foreign currencies. Forex is actually a virtual network of currency dealers who are connected by means of telecommunications. This interbank market was originally created in 1971 when international trade changed from fixed to floating exchange rat

First what is Forex: The FOREX or Foreign Exchange market is the largest financial market in the world, with an volume of more than $1.5 trillion daily, dealing in currencies. Unlike other financial markets, the Forex market has no physical location, no central exchange. It operates through an electronic network of banks, corporations and individua

Due to the overwhelming success of my last look back at Forex trading, I am releasing another. There will be a new released every day, except weekends, so you could continue to look back at how we find great trading levels. We are firmly in a downtrend from 1.7593, and longer term from 1.7933. We have been breaking through support all week, and

I understand that hindsight is 20/20, but I believe that there is still a great deal to be learned by looking back at Forex trading. Although this article was written ahead of the trading action I am going to discuss, by the time you read this the trading activity which we're discussing will have already taken place. If you are not familiar with

It's nights like last night that make all the analysis worthwhile. Although, trading should be completely unemotional, I am sure that we all feel that little boost of confidence when we nail a trade perfectly. Both our entry and exit were within 10 pips of the high and the low respectively. Feel free to surf the entire web and see how many trade

Hollywood made a movie about this market last year. It was about a couple of friends going to the Napa Valley for a wine tasting tour. " Sideways". Consolidation continues with trading in the established range. This has been a brutally tough market to make money in, but with patience and preparation, there are many winning trades to be had.

When I look at the charts tonight I think of my favorite Led Zeppelin song, The Song Remains the Same. Cable will once again be testing the resistance around 1.7935. If this sounds familiar it should, we have been tell you about this since last Thursday. While we believe it will hold only time will tell for sure, we must be very vigilant

Looking at Friday's trades reminds me of the importance of multiple technical indictors. When I was writing Friday's newsletter, I spoke of several indicators, which lead me to believe Cable was going down. Lets review: First we would like to decide if the up swing will continue or not, and looking at the 1 hour chart we do not believe it will