Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro. Foreign exchange transactions can take place on the foreign exchange market, also known as the Forex Market. The forex market
Foreign exchange, or forex, is the conversion of one country’s currency into another. In a free economy, a country’s currency is valued according to the laws of supply and demand. In other words, a currency’s value can be pegged to another country’s currency, such
What Is a Trading Platform? A trading platform is software used for trading: opening, closing, and managing market positions through a financial intermediary such as an online broker. Online trading platforms are frequently offered by brokers either for free or at a discount rate
he first time we lay eyes on the Parabolic SAR, we’re awestruck. An indicator showing me a trend reversal, and it’s THAT easy to read?? Too good to be true? Yep. Parabolic SAR, My Shining Star This may seem all-too-familiar
The aim of this article is to make you aware of the various terms that are used in forex market and in forex trading so that this knowledge helps you in your day to day trading. By knowing all the terms it
The goal of this article is to cover two very important things, first of them is the difference between foreign exchange trading & other investments and the second thing we will go through is demo accounts and their usefulness for investors. Foreign
The forex industry has much less oversight than other markets, so it is possible to end up doing business with a less-than-reputable forex broker. Due to concerns about the safety of deposits and the overall integrity of a broker, forex
Using trendlines is a common practice in the technical and fundamental analysis of Forex charts. Identifying the trendlines from data is possible only during technical analysis. An A/B currency trendline chart is illustrated below. Trading in currency A has not
It has been found in studies that almost all forex fraud victims are those investors who attempted to use good profits making ideas which yield quick results and did not do proper market study before investing funds. Thus it is
Once a forex trader starts his currency trading business, he would usually find himself perplexed with the many complexities in the business. There are so many technical procedures that are a way so complicated to deal with. These technicalities need