The Forex market is the biggest in the world with over trillion dollars revenue every day. That amount is not even matched by the combined revenue earned by the stock markets of Tokyo and New York. Forex trading is a huge sensation every eager and brave investor is contemplating to engage in. Traders are often compared to a hunter always ready f

The three major forex trading 'sessions' are as follows (all in Eastern Standard Time): 1. New York open 7:00 AM to 4:00 PM 2. Japanese/Australian open 7:00 PM to 3:00 AM 3. London open 3:00 AM to 11:00 AM ** Often, the best times to trade is at the beginning 3-5 hours of the above mentioned opening times, because the major currency pa

Buying a property abroad means paying for it in local currency. The actual cost of that currency is dependent on the exchange rate you manage to obtain. For a start, it is important to note that the foreign currency exchange companies offer better rates of exchange than the High street banks, and that most of them will not charge for the outward

If you've decided to jump in and check out the Forex, or foreign currency market, there are a number of things you should keep in mind as a beginning trader. Your experience with Forex can be a long and profitable one, and it is essential to be prepared at the onset so you can start leveraging your tools and resources at once, and start building ex

Online trading is gaining popularity because of its efficiency and ease of use. If you are on the trading business, it is important to know the right tools of the trade. Doing trade at home should not pose any problem as long as you have the right hardware and software to assist you in your online trading. One should invest in a sound computer with

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

Wow, another great day of trading, and we missed 90% of it. We took our short at 1.9000, which we called yesterday, and closed it for a 40 pip profit right before the release of news at 7:30 EST. From that point on, we waited and watched. We did not go short the second time we hit 1.9000, unfortunately, but many of our aggressive traders did. Th

Alright, another night's trading has gone by and now we have a potential trade setup. First, though, let's go over last night. In case you have forgotten, we sat on the sidelines last night, so for us there was no trade. Now, to give credit where credit is due. For the traders who did go short at 1.8830 and played the 50 pip profit, they clos

Happy Monday. We hope you all had an awesome weekend and that we can get our week off to a nice start. Just a quick recap of our trading from last week. We did not get into many positions. In fact, we only entered into one. It was a short at 1.7490 for two positions. The first was closed making 40 pips, and the second making 80 pips. All told

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

I am going to assume that if you are reading this article then you already have a foundational knowledge of the foreign exchange (forex) market, so I am going to breeze through the basics and go right to the main topic of intermarket analysis. If you are a financial market junkie like me, the topic of intermarket analysis is a fascinating one b

If you want to make money and have fun while doing it, then you might want to try the Forex (the foreign currency exchange). The Forex is an alternative to tradititional stock market investing. Rather than investing in shares of a company, you are investing in a foreign currency. In the past, only large companies and massive enterprises used Forex

The forex trade is something that millions of people are beginning to investigate as one of many streams of income. Many people still have not considered this option when choosing investment options, as they feel it is too risky. Well to be frank, the forex trade is a risky business, but if you know the techniques and strategies involved, you can s

The forex market, "Spot FX market" or foreign exchange market is made up of two main groups. The one is the interbank market which consists of banks and other institutions who trade with one another on a daily basis. The total turnover is estimated at 1.5 trillion US dollars per day and the banks trade with each other in the millions and mul

A Forex signal newsletter service is a service that gives you buy/sell trade signals either intraday, daily or weekly. Some will send the signals live via a chat room, some use emails, text messaging or auto-trade for you. First let me explain auto-trading. Auto-trading is when the newsletter service has an agreement with a broker to allow t