Foreign Exchange (Forex) is the simultaneous buying of one currency and selling of another. The forex market is recognized as the world's premier trading venue by many types of traders - individuals and institutions. Forex offers traders unparalleled liquidity as the world's largest financial market with more than $1.5 trillion USD traded daily. Another feature of forex is that its hours of operation are outside of traditional...
Friday, July 11, 2008
Tuesday, June 24, 2008
Forex demo account | Forex mini account
A mini Forex trading account is extremely helpful for a new trader who is more interested in developing a disciplined, rational trading strategy without focusing entirely on profits and losses.When you start Forex trading you can begin with a paper trading account with which you can understand how the market moves and you can develop more skills and knowledge about this trading account. Once you are successful with the paper trading...
Wednesday, May 21, 2008
Quoting Foreign Currency
Currencies are always quoted in pairs. Each pair of currencies thus constitutes an individual product and is traditionally noted XXX/YYY, where YYY is the ISO 4217 international three-letter code of the currency into which the price of one unit of XXX currency is expressed.The first currency in the quotes act as the 'base currency'.For example USD/JPY, EUR/GBP, and GBP/AUD, in such cases, USD, Euro Dollar, and Britain Pound are...
Thursday, February 28, 2008
What is Forex?
Prices of global currencies constantly fluctuate, offering a multitude of opportunities for investment. Online Currency Trading (OTC Forex) allows individuals like you to trade global currencies from your computer.A higher potential for profits, of course, is associated with higher risks. Forex Club has created a unique training program that will teach you how to trade and to manage risks. Please, click on the orange icon below...
Saturday, February 2, 2008
Mini Forex Trading
Mini forex trading can be rightly described as an innovative method of trading in which you can make money by trading the currencies of different countries. Both individuals and large scale financial institutions like banks can involved in this business of currency trading. It requires extreme awareness about the changes in the international commerce and the other factors that may lead to depreciation of the value of the currencies...
Thursday, January 17, 2008
Learn Forex Trading Online
Where do you start if you want to learn Forex trading online?Well a good starting point is to look at just what Forex trading is and who the players in this market are. We should also think about just why you should be learning Forex trading and thinking about starting you own online Forex trading business.The Forex market (which is sometimes referred to as the FX market and for which the full title is The Foreign Exchange Market)...
Wednesday, January 9, 2008
Introduction to the Forex Market
The Foreign Exchange market, also referred to as the "Forex" or "FX" market is the largest financial market in the world, with a daily average turnover of US$3.2 trillion."Foreign Exchange" is the simultaneous buying of one currency and selling of another. Currencies are traded in pairs, for example Euro/US Dollar (EUR/USD) or US Dollar/Japanese Yen (USD/JPY).There are two reasons to buy and sell currencies. About 5% of daily...