One thing I don't really do on this blog is talk about the basics of forex trading. I automatically assume most of my readers have a general understanding of how the forex markets work. However if you are looking for an entry level forex trading course, there is one course that I can highly recommend.
It's called Forex Nitty Gritty and despite the dubious name, it's actually a very impressive course.
This course assumes you have no prior knowledge of forex trading and starts right at the beginning. Through a series of online videos you will learn all the basics of forex trading. You will also be taken through out some of the more advanced subjects such as how you can use price patterns, fibonacci techniques and various different technical indicators to trade the markets. In short you are basically given a complete education in forex trading.
Furthermore if that wasn't enough you are also provided with a simple, but very effective trading method that you can use to trade the markets. I use this method quite a lot myself on the intraday time frames and it works very well because it gets you into a trade whenever a currency pair is trending strongly upwards or downwards, so the odds are always stacked in your favour.
Anyway if you would like to find out more about this excellent forex course, you can do so either by visiting the Forex Nitty Gritty website or by clicking here and reading my full Forex Nitty Gritty review.
source:http://theforexarticles.com/forex-course/
Thursday, December 3, 2009
Trading Platforms
Our FOREXTrader platforms combine ease of use, unprecedented flexibility and a full suite of professional charting and order management tools, all on a single screen. Best of all, you can use the same User ID and Password to switch between platforms at will, putting you in total control of your trading experience.
View real-time prices in 37 currency pairs and spot gold
Execute market orders with just one mouse click
Track P&L and open positions in real time
Perform technical analysis with our advanced charting tool
Choose from 8 available order types
Access a full suite of proprietary daily and weekly research reports
View up to the minute news headlines and market commentary
source:http://www.forex.com/uk/forex_platform_advantages.html
View real-time prices in 37 currency pairs and spot gold
Execute market orders with just one mouse click
Track P&L and open positions in real time
Perform technical analysis with our advanced charting tool
Choose from 8 available order types
Access a full suite of proprietary daily and weekly research reports
View up to the minute news headlines and market commentary
source:http://www.forex.com/uk/forex_platform_advantages.html
Learn to trade currencies, spot metals and oil
Whatever your level of experience, you can take advantage of FOREX.com's expertise
to improve your trading skills. From advice on getting the most from our trading platforms,
through to trading strategy ideas, we have a wealth of information to help you become a
successful currency trader.
New to the Forex market?
If you're new to the Forex market our online Forex Guide will take you through the basics: Learn how currencies trade, the importance of leverage and margin, and how to calculate profit and loss. We also explain the basics of technical and fundamental analysis and how to use these indicators to inform your trading decisions
Online forex training courses
Our online training courses are designed to provide novice currency traders with a broad overview of the Forex market. Covering everything from the factors that drive currency movements through to reading and analysing charts, and effectively utilising leverage, the course will prepare you with the skills you need to trade forex.
source:http://www.forex.com/uk/learn.html
to improve your trading skills. From advice on getting the most from our trading platforms,
through to trading strategy ideas, we have a wealth of information to help you become a
successful currency trader.
New to the Forex market?
If you're new to the Forex market our online Forex Guide will take you through the basics: Learn how currencies trade, the importance of leverage and margin, and how to calculate profit and loss. We also explain the basics of technical and fundamental analysis and how to use these indicators to inform your trading decisions
Online forex training courses
Our online training courses are designed to provide novice currency traders with a broad overview of the Forex market. Covering everything from the factors that drive currency movements through to reading and analysing charts, and effectively utilising leverage, the course will prepare you with the skills you need to trade forex.
source:http://www.forex.com/uk/learn.html
Three Little Rules
Three little rules
Jamie’s rules for forex traders:
1.Understand the basics of technical analysis. You don’t need to be a quant-geek to be successful, but understanding the first ten chapters or so of the classic Technical Analysis of the Futures Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy would be a great start.
2.When the fundamental and technical outlooks for a currency differ, always side with the techs.
3.When the fundamental and technical outlooks for a currency converge, go for it! Take a more aggressive position than normal.
source:http://www.forexlive.com/three-little-rules
Jamie’s rules for forex traders:
1.Understand the basics of technical analysis. You don’t need to be a quant-geek to be successful, but understanding the first ten chapters or so of the classic Technical Analysis of the Futures Markets: A Comprehensive Guide to Trading Methods and Applications by John J. Murphy would be a great start.
2.When the fundamental and technical outlooks for a currency differ, always side with the techs.
3.When the fundamental and technical outlooks for a currency converge, go for it! Take a more aggressive position than normal.
source:http://www.forexlive.com/three-little-rules
Forex Jargon
Markets have a language all their own and within that language, forex has its own dialect. Here are some terms we commonly use in our commentary. If you would like to see additional terms defined, e-mail sem at forexlive.com
Bank for International Settlements (BIS) an international organization which fosters monetary and financial cooperation and serves as a bank for central banks. The BIS often acts as an agent in the forex market, allowing central banks to mask their identity in an attempt to dampen market impact.
Barrier option: A type of “exotic” option that comes into existence or ceases to exist once a certain price is reached. They are often added to a “vanilla” or typical option to make the premium less expensive. For example, a 1.4000 EUR/USD call purchased when spot is at 1.3500 would be cheaper if there were a “knockout” embedded in the option, for example at 1.3300. If 1.3300 trades before the expiration of the options, the whole structure would be “knocked out” and the seller of the option would be able to pocket the entire premium.
source:http://www.forexlive.com/forex-jargon
Bank for International Settlements (BIS) an international organization which fosters monetary and financial cooperation and serves as a bank for central banks. The BIS often acts as an agent in the forex market, allowing central banks to mask their identity in an attempt to dampen market impact.
Barrier option: A type of “exotic” option that comes into existence or ceases to exist once a certain price is reached. They are often added to a “vanilla” or typical option to make the premium less expensive. For example, a 1.4000 EUR/USD call purchased when spot is at 1.3500 would be cheaper if there were a “knockout” embedded in the option, for example at 1.3300. If 1.3300 trades before the expiration of the options, the whole structure would be “knocked out” and the seller of the option would be able to pocket the entire premium.
source:http://www.forexlive.com/forex-jargon
Monday, November 23, 2009
WHY SPREAD BET WITH FXCM?
UK Residents ONLY: FXCM UK LTD offers Spread Betting solely on trading FX currencies. An FXCM Spread Bet account is the same as an FXCM forex account with the added tax benefits. The minimum to open a live account is 300 GBP.
■ No Re-quotes
■ No Capital Gains Taxes for UK Residents*
■ Never Pay Debit Balance as a Result of Trading
Every time you trade a spread bet with FXCM, we will trade in an underlying market to hedge your bet on a one-to-one basis. If you open a long spread bet in EUR/USD, for instance, FXCM will take a corresponding long position in the same currency pair. Therefore, from the time of the trade confirmation, the outcome of your trading has no effect on FXCM's profit or loss.
No Re-quotes from FXCM
For optimum trade execution, Spread Bet accounts use back-to-back execution model, variously called "agency execution" or "No Dealing Desk" execution. After you send FXCM an order, your position is executed as soon as our hedge is established. This means that the order you placed is filled without re-quotes during most market conditions.
Many market makers issue re-quotes, and sometimes for legitimate reasons. But re-quoting carries the potential for conflict of interest between the market maker and the client. If a market-making firm finds it cannot make money on your trades, it may provide you with an aggressive re-quote, regardless of the true market price.
To avoid any conflict, FXCM will never re-quote you another price. Our dealers simply ensure that every client order we receive is hedged. Since all spread bets are hedged real-time in their various underlying markets, FXCM's spread can vary.
source:http://www.fxcm.co.uk/forex-spread-betting.jsp
■ No Re-quotes
■ No Capital Gains Taxes for UK Residents*
■ Never Pay Debit Balance as a Result of Trading
Every time you trade a spread bet with FXCM, we will trade in an underlying market to hedge your bet on a one-to-one basis. If you open a long spread bet in EUR/USD, for instance, FXCM will take a corresponding long position in the same currency pair. Therefore, from the time of the trade confirmation, the outcome of your trading has no effect on FXCM's profit or loss.
No Re-quotes from FXCM
For optimum trade execution, Spread Bet accounts use back-to-back execution model, variously called "agency execution" or "No Dealing Desk" execution. After you send FXCM an order, your position is executed as soon as our hedge is established. This means that the order you placed is filled without re-quotes during most market conditions.
Many market makers issue re-quotes, and sometimes for legitimate reasons. But re-quoting carries the potential for conflict of interest between the market maker and the client. If a market-making firm finds it cannot make money on your trades, it may provide you with an aggressive re-quote, regardless of the true market price.
To avoid any conflict, FXCM will never re-quote you another price. Our dealers simply ensure that every client order we receive is hedged. Since all spread bets are hedged real-time in their various underlying markets, FXCM's spread can vary.
source:http://www.fxcm.co.uk/forex-spread-betting.jsp
Sunday, November 22, 2009
Forex Books for Beginners
Here you will find the Forex e-books that provide the basic information on Forex trading. You can learn basic concepts of the Forex market, the technical and fundamental analysis. While all these e-books are recommended for every new Forex trader, they won't be very useful to the very experienced traders.
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
Candlesticks For Support And Resistance — The basics of trading with candlesticks charts by John H. Forman.
Online Trading Courses — Course #1 lesson #1 by Jake Bernstein.
Commodity Futures Trading for Beginners — by Bruce Babcock.
Hidden Divergence — by Barbara Star, Ph.D.
Peaks and Troughs — by Martin J. Pring.
Reverse Divergences And Momentum — by Martin J. Pring.
Strategy:10 — Low-risk, high-return forex trading by W. R. Booker & Co.
The NYSE Tick Index And Candlesticks — by Tim Ord.
Trend Determination — A quick, accurate and effective methodology by John Hayden.
The Original Turtle Trading Rules — by OrignalTurtles.org.
Introduction to Forex — by 1st Forex Trading Academy. This trading course intends to provide to all of the students analytical tools on the trading system and methodologies. In this respect, the purpose of the course is to provide an overview of the many strategies that are being used in Forex market and to discuss the steps and tools that are needed in order to use these strategies successfully.
source:http://www.earnforex.com/forex-e-books/beginner-forex-trading/
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
Candlesticks For Support And Resistance — The basics of trading with candlesticks charts by John H. Forman.
Online Trading Courses — Course #1 lesson #1 by Jake Bernstein.
Commodity Futures Trading for Beginners — by Bruce Babcock.
Hidden Divergence — by Barbara Star, Ph.D.
Peaks and Troughs — by Martin J. Pring.
Reverse Divergences And Momentum — by Martin J. Pring.
Strategy:10 — Low-risk, high-return forex trading by W. R. Booker & Co.
The NYSE Tick Index And Candlesticks — by Tim Ord.
Trend Determination — A quick, accurate and effective methodology by John Hayden.
The Original Turtle Trading Rules — by OrignalTurtles.org.
Introduction to Forex — by 1st Forex Trading Academy. This trading course intends to provide to all of the students analytical tools on the trading system and methodologies. In this respect, the purpose of the course is to provide an overview of the many strategies that are being used in Forex market and to discuss the steps and tools that are needed in order to use these strategies successfully.
source:http://www.earnforex.com/forex-e-books/beginner-forex-trading/
Forex Strategy Books
Forex strategy e-books that are listed here provide information on the specific trading strategies as well as the use of particular Forex trading instruments. Basic knowledge of Forex trading is required to correctly understand and use these strategies.
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
1-2-3 System — A simple pattern trading system by Mark Crisp.
Bollinger Bandit Trading Strategy — A trading system based on Bollinger bands indicator by unknown author.
Value Area — from The Likos Letter.
The Dynamic Breakout II Strategy — by unknown author.
Ghost Trader Trading Strategy — by unknown author.
King Keltner Trading Strategy — by unknown author.
Scalp Trading Methods — by Kevin Ho.
LSS - An Introduction to the 3-Day Cycle Method — by George Angell.
Market Turns And Continuation Moves With The Tick Index — by Tim Ord.
The Money Manager Trading Strategy — by unknown author.
Picking Tops And Bottoms With The Tick Index — by Tim Ord.
The Super Combo Day Trading Strategy — by unknown author.
The Eleven Elliott Wave Patterns — by unknown author.
The Thermostat Trading Strategy — by unknown author.
Intraday trading with the TICK — by Christopher Terry.
Traders Trick Entry — by Traders Educators of Traders University.
source:http://www.earnforex.com/forex-e-books/trading-strategy/
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
1-2-3 System — A simple pattern trading system by Mark Crisp.
Bollinger Bandit Trading Strategy — A trading system based on Bollinger bands indicator by unknown author.
Value Area — from The Likos Letter.
The Dynamic Breakout II Strategy — by unknown author.
Ghost Trader Trading Strategy — by unknown author.
King Keltner Trading Strategy — by unknown author.
Scalp Trading Methods — by Kevin Ho.
LSS - An Introduction to the 3-Day Cycle Method — by George Angell.
Market Turns And Continuation Moves With The Tick Index — by Tim Ord.
The Money Manager Trading Strategy — by unknown author.
Picking Tops And Bottoms With The Tick Index — by Tim Ord.
The Super Combo Day Trading Strategy — by unknown author.
The Eleven Elliott Wave Patterns — by unknown author.
The Thermostat Trading Strategy — by unknown author.
Intraday trading with the TICK — by Christopher Terry.
Traders Trick Entry — by Traders Educators of Traders University.
source:http://www.earnforex.com/forex-e-books/trading-strategy/
Forex for Dummies
Forex Basics
If you've already read the "What is Forex?" section then you should know what Forex market is and what it is all about. If not, please, do it. There are five essential aspects of foreign currency market a beginner trader (and an old one as well) should be aware of:
•Forex Fundamental Analysis
•Forex Technical Analysis
•Money Management
•Forex Trading Psychology
•Forex Brokerage
Understanding and mastering these sides of trading are crucial to organize your Forex trading experience.
Forex Fundamental Analysis
Fundamental analysis is the process of market analysis which is done regarding only "real" events and macroeconomic data which is related to the traded currencies. Fundamental analysis is used not only in Forex but can be a part of any financial planning or forecasting. Concepts that are part of Forex fundamental analysis: overnight interest rates, central banks meetings and decisions, any macroeconomic news, global industrial, economical, political and weather news. Fundamental analysis is the most natural way of making Forex market forecasts. In theory, it alone should work perfectly, but in practice it is often used in pair with technical analysis. Recommended e-books on Forex fundamental analysis:
•Reminiscences of a Stock Operator
•What Moves the Currency Market?
source:http://www.earnforex.com/forex-for-dummies
If you've already read the "What is Forex?" section then you should know what Forex market is and what it is all about. If not, please, do it. There are five essential aspects of foreign currency market a beginner trader (and an old one as well) should be aware of:
•Forex Fundamental Analysis
•Forex Technical Analysis
•Money Management
•Forex Trading Psychology
•Forex Brokerage
Understanding and mastering these sides of trading are crucial to organize your Forex trading experience.
Forex Fundamental Analysis
Fundamental analysis is the process of market analysis which is done regarding only "real" events and macroeconomic data which is related to the traded currencies. Fundamental analysis is used not only in Forex but can be a part of any financial planning or forecasting. Concepts that are part of Forex fundamental analysis: overnight interest rates, central banks meetings and decisions, any macroeconomic news, global industrial, economical, political and weather news. Fundamental analysis is the most natural way of making Forex market forecasts. In theory, it alone should work perfectly, but in practice it is often used in pair with technical analysis. Recommended e-books on Forex fundamental analysis:
•Reminiscences of a Stock Operator
•What Moves the Currency Market?
source:http://www.earnforex.com/forex-for-dummies
Forex Brokers
MetaTrader 4 Forex Brokers — a list of Forex brokerage firms that support MetaTrader 4 Forex trading software as their trading platform.
PayPal Forex Brokers — a list of Forex brokers accepting PayPal on-line payment system as a way to deposit/withdraw money to/from customers' accounts.
WebMoney Forex Brokers — a list of Forex brokers that accept WebMoney e-currency system as the fast deposit/witdhrawal method, offering high security combined with the fast transfers.
Oil Trading Forex Brokers — those Forex brokers that allow trading commodities, and more specifically, oil, are listed in this category.
Gold Trading Forex Brokers — if you wish to find a Forex broker that offers precious metals trading then this list will help you.
Muslim Friendly Forex Brokers — a list of Forex brokers that try to be friendly to Muslim Forex traders offering "no-interest" margin accounts.
Forex Brokers with Web Based Platform — a list of Forex brokers that fully support Forex trading without installing any trading software.
Moneybookers Forex Brokers — a list of Forex brokers that accept Moneybookers electronic payment system as for trading funds transfers.
Forex Brokers with CFD Trading — a list of Forex broker companies that allow their traders to trade not only Forex, but also CFDs (Contracts for Difference).
Forex Brokers with Advanced Trading Platform — a list of Forex brokers with unique and powerful Forex trading software.
Institutional Forex Brokers — a list of on-line Forex brokers that are backed by strong and respected off-line financial companies.
ECN Forex Brokers — a list of on-line Forex brokers that act as ECNs (Electronic Communication Network) offering Forex traders highly competitive spreads.
Liberty Reserve Forex Brokers — a list of Forex brokers that accept Liberty Reserve payment system as the method of depositing/withdrawing funds to/from the trading accounts.
source:http://www.earnforex.com/forex-brokers/
PayPal Forex Brokers — a list of Forex brokers accepting PayPal on-line payment system as a way to deposit/withdraw money to/from customers' accounts.
WebMoney Forex Brokers — a list of Forex brokers that accept WebMoney e-currency system as the fast deposit/witdhrawal method, offering high security combined with the fast transfers.
Oil Trading Forex Brokers — those Forex brokers that allow trading commodities, and more specifically, oil, are listed in this category.
Gold Trading Forex Brokers — if you wish to find a Forex broker that offers precious metals trading then this list will help you.
Muslim Friendly Forex Brokers — a list of Forex brokers that try to be friendly to Muslim Forex traders offering "no-interest" margin accounts.
Forex Brokers with Web Based Platform — a list of Forex brokers that fully support Forex trading without installing any trading software.
Moneybookers Forex Brokers — a list of Forex brokers that accept Moneybookers electronic payment system as for trading funds transfers.
Forex Brokers with CFD Trading — a list of Forex broker companies that allow their traders to trade not only Forex, but also CFDs (Contracts for Difference).
Forex Brokers with Advanced Trading Platform — a list of Forex brokers with unique and powerful Forex trading software.
Institutional Forex Brokers — a list of on-line Forex brokers that are backed by strong and respected off-line financial companies.
ECN Forex Brokers — a list of on-line Forex brokers that act as ECNs (Electronic Communication Network) offering Forex traders highly competitive spreads.
Liberty Reserve Forex Brokers — a list of Forex brokers that accept Liberty Reserve payment system as the method of depositing/withdrawing funds to/from the trading accounts.
source:http://www.earnforex.com/forex-brokers/
Monday, November 16, 2009
Learn Forex Trading
To learn Forex Trading, one must learn about Forex and one must learn about trading; while it is not always easy to separate one from the other, it may be more useful to attempt to look at these as two disciplines separately at first. Each requires a deep understanding of its own, each offers numerous and assorted ways to learn it.
To begin, one should always learn the Forex (foreign exchange) market first, even if only its basics, and even if only in a crash-course. There are many ways in which one can do so: one could choose to study the Foreign Exchange market formally, that is to say, via online classes, webinars, and/or via seminars, lectures, tutorials, university classes, or one could also choose a less formal method, that is to say, via (online or not) forums, private/public/interactive communication with experts, professionals, and even other students of Forex.
Basic knowledge that should be acquired before beginning to trade forex includes: Forex terminology, Forex symbols, Forex charts and graphs, history of the Foreign Exchange market, historical data, evolution of currencies, worldwide monetary systems, market activity, market trend, financial instruments, market professions (-the meaning of brokers, investors, consultants, etc), political factors that affect the market, economic factors that affect the market (-for example: interest rate, GDP, employment rates, etc), behavioral finance, psychological factors that affect the market, and last but not least, theories.
source:http://www.etoro.com/learn/learn-forex-trading.aspx
To begin, one should always learn the Forex (foreign exchange) market first, even if only its basics, and even if only in a crash-course. There are many ways in which one can do so: one could choose to study the Foreign Exchange market formally, that is to say, via online classes, webinars, and/or via seminars, lectures, tutorials, university classes, or one could also choose a less formal method, that is to say, via (online or not) forums, private/public/interactive communication with experts, professionals, and even other students of Forex.
Basic knowledge that should be acquired before beginning to trade forex includes: Forex terminology, Forex symbols, Forex charts and graphs, history of the Foreign Exchange market, historical data, evolution of currencies, worldwide monetary systems, market activity, market trend, financial instruments, market professions (-the meaning of brokers, investors, consultants, etc), political factors that affect the market, economic factors that affect the market (-for example: interest rate, GDP, employment rates, etc), behavioral finance, psychological factors that affect the market, and last but not least, theories.
source:http://www.etoro.com/learn/learn-forex-trading.aspx
Forex Trading Tools
Here you will find out selection of the best, most reliable and consistently effective trading tools. We’ve tried them out, had our experts put them to the test and determine their overall value and integrity. The tools we’ve selected are beginner-friendly, yet offer lots of new information to keep growing and seasoned traders on their toes.
We are confident that once you experiment with our trading tools you’ll need to look no further for the most comprehensive and broad spectrum of quality currency trading tools online.
source:http://www.forexfloor.com/trading-tools.html
We are confident that once you experiment with our trading tools you’ll need to look no further for the most comprehensive and broad spectrum of quality currency trading tools online.
source:http://www.forexfloor.com/trading-tools.html
Characteristics of Forex Market
In recent years, the foreign exchange market could favor more and more people, it becomes a favorite for the international investors, and this is strongly related to the characteristics of the Forex market. The main characteristics of the foreign exchange market are:
1st, It consists market but no trading field
The finance industry in the western countries consist two sets of systems, namely the centralism business central operation and there is no fixed place for such business network. Stock trading is being traded through stock exchange. Like the New York Stock Exchange, the London stock market, the Tokyo stock market, respectively is American, English, the Japanese stock main transaction place, it is a centralism business financial commodity, its quoted price, the transaction time and hand over to the procedure all consist of unification the stipulation, and has established the same business association, it has formulated the same business rules. The investor could buy and sells the commodity through the broker company, this is known as "consist of trading market and trading field".
source:http://www.forex.com.pk/forex-market-characteristics.htm
1st, It consists market but no trading field
The finance industry in the western countries consist two sets of systems, namely the centralism business central operation and there is no fixed place for such business network. Stock trading is being traded through stock exchange. Like the New York Stock Exchange, the London stock market, the Tokyo stock market, respectively is American, English, the Japanese stock main transaction place, it is a centralism business financial commodity, its quoted price, the transaction time and hand over to the procedure all consist of unification the stipulation, and has established the same business association, it has formulated the same business rules. The investor could buy and sells the commodity through the broker company, this is known as "consist of trading market and trading field".
source:http://www.forex.com.pk/forex-market-characteristics.htm
Forex Margin Trading
Comparing to other investment, the Foreign Exchange margin trading is one of the fairest and the most attractive investment method.
The Foreign Exchange margin trading meaning the traders borrow loan from bank, finance organization or broker house to carry on the foreign currency trading. Generally, the financing proportion is above 20 times, which means the Forex traders’ fund may enlarge to 20 times to carry on the trading. The bigger the financing proportion, means the Forex traders just need to pay very less fund, for example, the financing proportion provided by the financial organization is 400 times, namely the lowest margin request is 0.25%, the traders just need to pay 25 US dollars, then he or she could trade as high as 10,000 US dollars, fully using the contra method to make big profit by only paying a very less price.
Besides the fund enlargement, another attraction of the Forex margin trading method is that it can be traded in both ways, you can make profit by buying the currency when the currency rise (makes many), or to sell a currency when the currency is dropping to make profit (short-selling), thus does not need to be restricted by the restriction so-called bear market is unable to make money.
source:http://www.forex.com.pk/foreign-exchange-trading.htm
The Foreign Exchange margin trading meaning the traders borrow loan from bank, finance organization or broker house to carry on the foreign currency trading. Generally, the financing proportion is above 20 times, which means the Forex traders’ fund may enlarge to 20 times to carry on the trading. The bigger the financing proportion, means the Forex traders just need to pay very less fund, for example, the financing proportion provided by the financial organization is 400 times, namely the lowest margin request is 0.25%, the traders just need to pay 25 US dollars, then he or she could trade as high as 10,000 US dollars, fully using the contra method to make big profit by only paying a very less price.
Besides the fund enlargement, another attraction of the Forex margin trading method is that it can be traded in both ways, you can make profit by buying the currency when the currency rise (makes many), or to sell a currency when the currency is dropping to make profit (short-selling), thus does not need to be restricted by the restriction so-called bear market is unable to make money.
source:http://www.forex.com.pk/foreign-exchange-trading.htm
Forex Trading Platforms
Our FOREXTrader platforms combine ease of use, unprecedented flexibility and a full suite of professional charting and order management tools, all on a single screen. Best of all, you can use the same User ID and Password to switch between platforms at will, putting you in total control of your trading experience.
* View real-time prices in 37 currency pairs and spot gold
* Execute market orders with just one mouse click
* Track P&L and open positions in real time
* Perform technical analysis with our advanced charting tool
* Choose from 8 available order types
* Access a full suite of proprietary daily and weekly research reports
* View up to the minute news headlines and market commentary
source:http://www.forex.com/uk/forex_platform_advantages.html
* View real-time prices in 37 currency pairs and spot gold
* Execute market orders with just one mouse click
* Track P&L and open positions in real time
* Perform technical analysis with our advanced charting tool
* Choose from 8 available order types
* Access a full suite of proprietary daily and weekly research reports
* View up to the minute news headlines and market commentary
source:http://www.forex.com/uk/forex_platform_advantages.html
Trading with Forex
FOREX.com offers online trading in global currencies, spot metals and oil through
a choice of web or download platforms.
Our commitment to price transparency, quality trade executions, and consistently
competitive spreads helps our clients make the most of the world's fast moving currency markets.
Our dealing spreads are as low as 1-2 pips on the most widely traded currency pairs. And with our fractional pips, you gain an extra digit of precision so that you can take advantage of smaller price movements.
We don't charge commission on our trades, so all you pay is the spread.
source:http://www.forex.com/uk/trade.html
a choice of web or download platforms.
Our commitment to price transparency, quality trade executions, and consistently
competitive spreads helps our clients make the most of the world's fast moving currency markets.
Our dealing spreads are as low as 1-2 pips on the most widely traded currency pairs. And with our fractional pips, you gain an extra digit of precision so that you can take advantage of smaller price movements.
We don't charge commission on our trades, so all you pay is the spread.
source:http://www.forex.com/uk/trade.html
Forex Trading with dbFX
Trading with dbFX provides you privileged access to the global foreign exchange market. Enjoy the advantages that come with trading with the world’s largest FX liquidity provider*.
World-Class Order Execution
Online forex trading with fast and efficient order execution on streaming real-time quotes, access to market-leading liquidity and competitive bid/ask spreads on 34 currency pairs.
Safety of Funds
You can rest assured that funds deposited in a dbFX account for FX trading** are fully protected by the Deposit Protection Fund of the Association of German Banks. Protection is available up to a limit that is determined based on Deutsche Bank's capital, which is currently in excess of EUR 1 billion per depositor.
Deutsche Bank Research
Stay up-to-date with the foreign exchange market with access to award-winning Deutsche Bank research, including daily forex updates and in-depth reports. Not only does this research cover foreign exchange, but also includes expert analysis on fixed income and commodity markets.
Automated Trading Solutions
In addition to providing direct access to the foreign exchange market via the dbFX trading platform, you can also execute your FX trading strategy using our easy to use forex API.
Flexible Trade Sizes
Choose a trade size starting from, and in increments of, 10,000 units. This flexibility allows you to accurately manage your positions and risk to the FX market.
source:http://www.dbfx.com/forex-trading
World-Class Order Execution
Online forex trading with fast and efficient order execution on streaming real-time quotes, access to market-leading liquidity and competitive bid/ask spreads on 34 currency pairs.
Safety of Funds
You can rest assured that funds deposited in a dbFX account for FX trading** are fully protected by the Deposit Protection Fund of the Association of German Banks. Protection is available up to a limit that is determined based on Deutsche Bank's capital, which is currently in excess of EUR 1 billion per depositor.
Deutsche Bank Research
Stay up-to-date with the foreign exchange market with access to award-winning Deutsche Bank research, including daily forex updates and in-depth reports. Not only does this research cover foreign exchange, but also includes expert analysis on fixed income and commodity markets.
Automated Trading Solutions
In addition to providing direct access to the foreign exchange market via the dbFX trading platform, you can also execute your FX trading strategy using our easy to use forex API.
Flexible Trade Sizes
Choose a trade size starting from, and in increments of, 10,000 units. This flexibility allows you to accurately manage your positions and risk to the FX market.
source:http://www.dbfx.com/forex-trading
Saturday, November 7, 2009
Guide to Forex
STOP
The signs of the road are easy to read. No matter where you are in the world, chances are pretty good that you’d know what to do at a red octagonal sign or a green light. We combined forex learning with the rules of the road to give you a fun and easy way to learn the basics of forex trading. Driving a car can be exciting, fun and, if you’re not doing it properly, very dangerous. Just like forex trading. If you’re ready to learn, have a seat, fasten your belt and enjoy our Forex Ed lessons.
source:http://www.fxclub.com/learn-forex/
The signs of the road are easy to read. No matter where you are in the world, chances are pretty good that you’d know what to do at a red octagonal sign or a green light. We combined forex learning with the rules of the road to give you a fun and easy way to learn the basics of forex trading. Driving a car can be exciting, fun and, if you’re not doing it properly, very dangerous. Just like forex trading. If you’re ready to learn, have a seat, fasten your belt and enjoy our Forex Ed lessons.
source:http://www.fxclub.com/learn-forex/
Why Forex Trading
If you want to know why the Forex trading market is superiors to other investor options such as Equities or the futures market, then you can rest assure that you'll find the answer in this page.
The best way to clarify the advantages of the Forex market is through a real example. In 1929, the stock market collapsed, causing many people and businesses from around the world to go broke. This also happened when the high tech bubble burst. The fear of a market crash is a concern that constantly dwells in the minds of investors, both professional and beginner ones.
source:http://www.forexfloor.com/why-forex.html
The best way to clarify the advantages of the Forex market is through a real example. In 1929, the stock market collapsed, causing many people and businesses from around the world to go broke. This also happened when the high tech bubble burst. The fear of a market crash is a concern that constantly dwells in the minds of investors, both professional and beginner ones.
source:http://www.forexfloor.com/why-forex.html
Introduction to Foreign Exchange
Foreign Exchange is an international financial market place where money is sold and bought freely. It is a non-stop cash market where you speculate on changes in exchange rates of foreign currencies. Forex operates through a global network of banks, corporations and individuals trading one currency for another but has no physical location and no central exchange not just like other financial markets.
The Forex market spans from one zone to another in all major financial centers on a 24- hour basis since it has no physical exchange. Since there is no centralized exchange for currencies to be sold or bought, forex is considered to be an over- the counter market or what is called OTC. Banks and forex dealers are connected around the world via internet, fax and telephone to form the Forex market. Read through this article, introduction to forex, in order to know more about forex trading as well as its purpose and many more. Learning forex enables us to know some forex terms, codes, numbers and definitions. Forex trading 101 or the introduction to forex trading will enable us to know how forex works and how to make money with currency trading on forex.
source:http://www.forexfloor.com/forex-101.html
The Forex market spans from one zone to another in all major financial centers on a 24- hour basis since it has no physical exchange. Since there is no centralized exchange for currencies to be sold or bought, forex is considered to be an over- the counter market or what is called OTC. Banks and forex dealers are connected around the world via internet, fax and telephone to form the Forex market. Read through this article, introduction to forex, in order to know more about forex trading as well as its purpose and many more. Learning forex enables us to know some forex terms, codes, numbers and definitions. Forex trading 101 or the introduction to forex trading will enable us to know how forex works and how to make money with currency trading on forex.
source:http://www.forexfloor.com/forex-101.html
Foreign Exchange Market
The foreign exchange market (currency, forex, or FX) trades currencies. It lets banks and other institutions easily buy and sell currencies. [1]
The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.
In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
source:http://en.wikipedia.org/wiki/Foreign_exchange_market
The purpose of the foreign exchange market is to help international trade and investment. A foreign exchange market helps businesses convert one currency to another. For example, it permits a U.S. business to import European goods and pay Euros, even though the business's income is in U.S. dollars.
In a typical foreign exchange transaction a party purchases a quantity of one currency by paying a quantity of another currency. The modern foreign exchange market started forming during the 1970s when countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed as per the Bretton Woods system.
source:http://en.wikipedia.org/wiki/Foreign_exchange_market
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