Futures Trading Market The currency futures, a type of forward outright deals, are derived from the spot price. As a …
Category: Basic
Types of Markets in Forex Trading
Forex or Foreign Exchange describes the exchange of foreign currencies that are used majorly across the world. It is one …
Day Trading – Truth About Day Trading
Day Trading Day Trading the currency market is a type of trading where positions are opened and closed in the …
Which Forex Broker Type Is The Best?
Over the past 4 years I’ve traded foreign exchange with many companies both in Australia and abroad, during this time …
How To Find The Best Forex Broker in 3 Simple Steps
Finding the Best Forex Broker Now that you are interested to trade the forex market, the next biggest challenge is: …
The Seven Most Traded Currencies in Forex
Currencies are traded in dollar amounts called “lots”. One lot is equal to $1,000, which controls $100,000 in currency. This …
Key Components of Currency Valuation: From Milk to Unemployment
If you look at a dollar bill and think about its intrinsic value, you realize that it’s just a piece …
8 Basic Forex Market Concepts
You don’t have to be a daily merchant to take advantage of a forex marketplace – any time we transport …
Why Scalping Is the Hardest Way to Trade Forex
Scalping is a popular way to trade forex, and is often recommended by the various businesses in the trading industry …
What Traders Need to Know about Forex Spreads & Dealers
A dealer is different than a broker, though there are broker/dealers. A dealer is who makes a market, which is …
Swiss Franc (CHF) Currency Traits
The Swiss franc (CHF) is famous for its safe nature. This combined with the secrecy of the banking system leads to the …
US Dollar (USD) Currency Traits
The US currency represents one of the most widely used one concerning currency deals. Liquid currency pairs include: USD/JPY USD/CHF EUR/USD GBP/USD …
Australian Dollar (AUD) Traits
The Australian dollar (AUD) is characterized as being commodity linked. It is especially correlated to the values of the gold. This dependence …
British Pound (GBP) Currency Traits
The British pound (commonly referred to as GBP) is one of the most liquid currencies in the world. The currency pair GBP/USD is …
Canadian Dollar (CAD) Traits
The Canadian dollar (CAD) is characterized by its strong connection to commodities. This is supported by the fact that the Canadian economy …
Euro (EUR) Currency Traits
The Euro enjoys high liquidity. Additionally, all of the Euro crosses are characterized by great liquidity. The EUR/USD currency pair is the most liquid …
Japanese Yen (JPY) Currency Traits
The Japanese yen (JPY) is used as a major gauge for the overall strength of the Asian economic conditions, since the Japanese …
Major Forex Market Currencies
There are many currencies that are traded on the forex. However, the most traded currencies in the foreign exchange market …
New Zealand’s Dollar (NZD) Traits
The NZD (New Zealand’s currency) is strongly related to the AUD. This correlation stems from the fact that Australia is the major …
Forex Trading is Still a Monopoly for European Banks
Though Forex trading is open for all and now even retail Forex traders do well, still most of the trading …
Why Should Forex Traders Know about the Currency Crisis?
Currency crisis can be a major issue for traders as their losses and profits depend a lot upon the currencies. …