We will once again look to the super resistance level @ 1.7600, to protect our trades. We took an aggressive look last night, on split sentiment amongst ourselves, and as usual the less aggressive or more conservative traders won the day. They won the day big, some of them captured 120 pips last night, while the more aggressive traders mostly

Fibonacci forex trading is the basis of many successful forex trading systems that are used by a great number of professional forex traders around the world. Trading systems based on this -numbers sequence- are so successful that billions of dollars are earned every year by traders following its rules. Fibonacci was an Italian mathematician and

As a professional no-limit holdem poker player prior to my trading career, I find that both professions share many similarities. Poker and trading are both a game of probabilities. Individual psychological makeup is also important to control emotions during times of tilt and euphoria. In poker, a player can choose the stake he is willing to pl

The world of currency trading or to be precise the world of the Foreign Exchange Market is known as FOREX. For a lot of people this is a completely new way of trading, but banks, large corporations and governments have been using FOREX for many, many years. Now it is possible for individuals to also get involved in currency trading especially wi

When trading currencies online, there are several basic order types that you need to know. While there are a variety of orders that may be placed, remember to keep it simple, especially you beginning forex traders. Market Order: Orders to get in or out of a position at the current market price. Execution is typically guaranteed, but price is no

Forex is an abbreviated name for foreign exchange. The Forex market is an around-the-clock cash market where the currencies of nations are bought and sold, typically via brokers. For many years, the Forex market was dominated by large institutions such as banks and brokerage firms. However, the Forex market has experienced a major change over the p

The foreign exchange market, or Forex market, is an around-the-clock cash market where the currencies of nations are bought and sold, typically via brokers. Forex trading is always done in currency pairs. For example, you buy Euros, paying with U.S. Dollars, or you sell Canadian Dollars for Japanese Yen. The value of your Forex investment increases

The Euro responds very well to US economic news releases. There is at least one US news release each week when the market moves very fast and is an excellent (although stressful) way to make some quick big pips. One way to capture these large moves is to use ENTRY STOP ORDERS. Entry stop orders are an excellent way to get into a trade long or

Several scenarios make a great decline of currency value like political uncertainties, unemployment that leads to higher inflation, other relevant issues that can hamper commerce and business from functioning well, and other macro-economic situations. This simply means you make decisions to buy or sell but dont put any real money down. The official

Forex currency trading is something that is almost becoming a sort of fad in many parts of the world. Before you take a plunge into forex trading it is always preferable that you equip yourself with at least the basics of it. Such knowledge is always bound to stand by you in the long run. You should for instance always educate yourself about the cu

Everybody knows that the Internet is the best place to make money - lots of it and quick. But not many have grasped the idea or really spent the time and effort to harness its power. Forex enterprise is a unique program that lets you tap into this exciting gold mine of opportunity on the Internet. It is quite easy to brush away any claims of making

Lets imagine that you have a car but without engine, its obvious that unless you had some magical powers to whisk you away where ever you wanted you could not be going very far any time soon. The engine is the heart of the car. The engine in forex markets represents the mass amounts of forex online trading systems created every day. As a guide,

Forex is an open market for trading foreign exchange where money itself is bought and sold. The major advantage of a forex market over stock market is that instead of traders investing and waiting for many years for there stock values to increase, here they just see there currency values increasing and decreasing over time. This allows them to make

FX was the operational word. When I was studying to be an MBA in Information Systems and Finance, I came across the wondrous world of FX. Which is a fancy term for Foreign Exchange. Of course, "currency" is a quaint little word for it too. There are many interesting characteristics of forex. But the foremost to capture my imagination is the fac

Forex trading is finding an increasing number of takers all over the world these days. It is a truly global phenomenon that is happening in the largest market in the whole world. There are many other sectors that are involved with trading. Typically these sectors include individuals, corporations, governments and banks. You need to have at least a