The 4-1-1 on the Forex Market
One of the best businesses to invest in; in today’s market; is the Forex trade. You might be wondering; just what is Forex? Forex is just a short abbreviation for Foreign exchange. This is a market that thrives largely upon the needs of people who need the currency of another country in order to be able to buy goods and pay for services.The Most Underestimated
There are 2 things that I have learned to be true in my many years of Forex trading. The first thing that is 100% true is that there are always going to be winners and there will always be losers. Even Jesus made a statement while talking to one of the Pharisees, He said, “the poor you will always have with you.Greatest Emotions – Fear and Greed
It has been a few months since we last wrote something. During that time, I have been watching the Markets move and do all the things that we expected them to do. We watched, with anticipation, how the Market would respond to the US fiscal cliff issue and others.Using Fibonacci in Trading Forex
There are various tools that traders can make use of in making market forecasts. However, these methods such as the Fibonacci trading technique may have its advantages as well as disadvantages. It is important the traders understand that there is really no guarantee that they will succeed even with the best trading techniques. Although they are able to increase their chances at gaining, there may be times when they would lose some of their trades. Being able to get more wins than losses is what the trading strategies are used for. A 100% wins is quite impossible to achieve as even the most successful traders at some points in their trading careers have experienced losses.Basics of Forex Trading and How To Sharpen Your Forex Skills
Forex also known as foreign exchange market, FX or currency market is the buying and selling of currencies against each other which are called currency pairs. For example, USD/CAD pair refers to the exchange rate between the U.S dollar and the Canadian dollar.Success on the Market Gap
As you all know, very rarely do I ever give trading advice; usually I stick with more informative information. Because I am an educator by nature, I usually feel it is my place to help prepare Forex traders for the Market they are about to embark upon. Since I have over 7 years of personal Forex experience, I usually take the time to equip some of the newer traders on what they need for success.3 Important Tips In Generating Passive Income In Forex Trading
Many people think anyone can start forex trading and make money easily just by trading currencies. Some people are highly skeptical about this business online. But the truth is different; you can definitely make money trading currencies, but you’ll need to learn how the system works.Stock Trading Courses Part 3
When you start your stock trading courses, you will hear many terms for the first time, one of them is Price/Action.This refers to the movement of the trading instrument as it progresses through the market and fluctuates in price. When the range of the movement of the price action offers a good trading opportunity, this can be referred to as good liquidity, whilst when the market is flat or offering a weak trading range the liquidity is said to be low.How to Develop a Good Forex Technical Analysis System?
Technical analysis of market movements can be the key for trader success. This article helps traders to develop a sound technical analysis system for forex trading.Forex Market – Considering What 2013’s Forex Markets May Bring
2013 should prove to be an exciting year in the world of international finance. The Eurozone will likely continue to struggle, the United States will continue to fend off recession, and Asia will try to maintain its sustained economic boom. With so many developments happening around the globe 2013 will likely bring about some major changes in the Forex market. Those Forex traders who correctly predict the swings in exchange rates could stand to earn a lot of money.Forex Market – Forex Trading and “Emerging” Markets
Forex trading has long been dominated by the U.S. Dollar, Euro, British Pound, Japanese Yen and other “major” global currencies. In fact, major currencies pairs are referred to as “majors.” Now, however, many Forex traders are looking for opportunities in less commonly traded currencies, including the Malaysian Ringgitt, the Singaporean Dollar, and the Brazilian Real. These currencies now offer viable and profitable alternatives to the aforementioned major currencies.The Forex Marriage
I have mentioned to you that I have been trading Forex for a number of years. As a matter of fact, my Forex “anniversary” was yesterday – that’s right, me and Forex have been “married” for 7 years. Over the years, I have noticed that there are some things that are consistent in my “marriage.