Forex Tips

Support and resistance levels assist traders to understand the market better. As we all know, anyone who has a better understanding of the market has a sharper edge compared to those who don’t Indeed, knowledge is power in trading.  Basically,...

As we all know, Forex trading carries a high level risk. Therefore, it is not for the faint of heart nor for those who are easily controlled by their emotions. But if you are really considering venturing in the Forex...

Forex trading requires a trader to trade with the bigger picture. They have to plan long term forex trading strategy that involves all the possible information about a currency pair. That information includes: Interest Rate In planning a long term...

As the name suggests, ‘buy the rumor, sell the news strategy’ means you buy particular security based on rumor and when the news breaks, you sell it. This trading strategy may not sound strong. Yet, this phenomenon happens in most...

There are many technical indicators available in the Forex market today. Let’s discuss the indicators widely used by traders in this article. Moving Average - simply speaking, moving average is an indicator that identifies and follows the trend. MACD -...

With the dizzying, ever-shifting landscape of the Forex market, is it really wise to learn the ropes from the rigidness of Forex books?  If we talk about common terms and terminologies, yes, without a doubt, you can put these books...

It is important for you to know how to overcome stress in forex trading. Here are three steps to help you deal with stress.....

The Innovative Forex Trader is the type of trader. The Innovative Forex traders with this psychological profile are likely to be somebody striving to understand the world around them. In addition, somebody eager to absorb new information. The main focus...

The foreign exchange market is the world’s largest financial market. This fact should be enough to put things into perspective especially if you want to start investing in it. With a multitude of Forex brokers worldwide, finding the right one...

Before we get into the differences between discount and full-service brokers, it's important to understand what a broker is. A broker is a person or company that charges a fee or commission for the execution of buy and sell orders....