Before entering in to the topic of forex currency pair let us see how exactly the term currency is defined. Commonly currency is defined as the generally accepted form of money which includes coins and paper notes which is usually issued by the government and circulated within an economy. A currency pair is the quotation of the relative value of a currency unit against the unit … [Read more...]

There are various ways to analyze the forex market.  Though there are various methods to analyze the market the sole purpose of all forms of analysis is the same i.e. to find out the good trading opportunities within the market.  When broadly classified, there are three main ways of forex market analysis. They are Fundamental analysis, Technical analysis and sentiment analysis. … [Read more...]

The main focus of this article is to walk you through the process of developing its own system. Does not take much time to build a system, but it takes a long time for his extensive testing. Therefore be patient, because in the long run, a good system you can make a lot of money. The first thing you need to decide when you are creating your system is kind of trader you are. Are … [Read more...]

I traded directly, or use the signals   but I read strategy first top 10 signal provider, analyzed their results, and read user comments. Here are some observations. Signals Providers  are trying to with a better strategy device constantly good result without great loss. It  means that all high-risk strategy immediately fall into the water. For companions signals, especially … [Read more...]

Sunday: Needless explanation as major banks are not open on Sundays and therefore no activity. Friday: Some traders profit / reduce losses on Fridays, others do not, options stand out on Fridays, NFP (Non Farm Payrolls) also is published every first Friday of the month. You understand already. Friday is unpredictable day for forex traders. Shares on the New York Stock … [Read more...]

You can buy it's cheap and sell when it is expensive. It can be quite hard work from day to day. If you catch a real currency pair (the one with a positive interest rate differential) at the right time, then you can be sure that you collect money from the market. You can add significant  to your account, together with your trading strategy. The strategy of buying currencies … [Read more...]

Somebody could be looking at forex as something quite simple: you just need to know which currency pair to trade, when to enter and when to get out. (The exception is the carry trading, where we need to pay attention to some other factors). Here we will discuss some of the main signals that tell you when to exit the trade. The basic bag of tools, which you get for free from … [Read more...]

Trading on the Forex market recognizes and classifies the different styles of trading, because of the fact that there is a wide field of tactics and strategies for trading and analysis of the currency market. Longtime development and improvement of basic and complex method of trading on, certainly, the most complex international financial markets, have resulted in the … [Read more...]