Forex Trading Information

Forex Trading Information
FOREX — the foreign exchange (currency or forex, or FX) market is the and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.Don’t forget to check and bookmark my Forex blog to get the latest updates about Forex market and this site’s content. You can also join a friendly Forex traders community at the Forex Forum.
Latest Forex E-books
Core Point and Figure Chart Patterns
Money Management and Risk Management
Truth About Fibonacci Trading
Latest Forex Articles
Technical Analysis: How to Read the Price...
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Money Management in Forex: the Real...
Latest Forex Brokers
United World Capital
EFOREX
Boston Merchant Financial
Latest Expert Advisors
MACD Pattern
myPickyBreakout
Otkat
Latest Indicators
Easy Trend Visualizer
ZigZagOnParabolic
Fisher
Latest VPS Hostings
Ultima Hosts
Zuit
Swvps.com
Latest Brokers' Reviews:
Alexandr from Moscow writes about FXOpen:
This broker is afraid of true about its. You can visit topics on many popular FX forum and see that they created "bots" who make flood in thir topics like "I've opened a position on EURUSD" etc. to hide bad tposts about them. You ...
Austine from Nigeria writes about LiteForex:
Just new to this broker and yet to open a live account, but friends have been commending thier service.
hope to be back with my observation when i eventually open my live account with them.
my advice is that lets be honest with what ever we ge...
james from england writes about GOMarkets:
go used to be pretty ordinary with some ok spreads and a few requotes but the new upgrade is awesome, great spreads excellant speed. EA's are working well.
Well done and hope it stays this way. only drawback is no GBP bank accounts so if they can ch...
Latest Forex News
Brazilian Real Rises on Foreign InvestmentSat, 19 Sep 2009 11:28The Brazilian currency ended a third week of straight gains versus the greenback, the pound and several other major currencies as optimism and risk appetite is pushing traders to inject money in South America’s wealthiest economy.Canadian Dollar Drops From Record High on StocksFri, 18 Sep 2009 21:55The Canadian currency did not manage to extend its rally that brought the loonie to the highest rate in one year as a corrective movement affected stocks today, influencing the loonie’s outlook negatively.Dollar Recovers on Banking Sector ConcernsFri, 18 Sep 2009 21:37After hitting several lows versus multiple currencies during the past days as risk appetite surged in equities markets, the dollar rebounded slightly towards the end of this week’s session, as concerns regarding the global financial health brought risk aversion once again in evidence.Polish Zloty Declines on Central Bank ConcernsFri, 18 Sep 2009 13:38The Polish zloty, one of the best performers among the Eastern EU members currencies this year had its rally halted today as the national bank indicated that a strong currency may jeopardize the economic recovery in one of the biggest European nations.
Latest Glossary Entries
RSI (Relative Strength Index) — indicator that measures of the power of direction price movement by comparing the bullish and bearish portions of the trend.
CCI (Commodity Channel Index) — a cyclical technical indicator that is often used to detect overbought/oversold states of the market.
ADX (Average Directional Index) — standard technical indicator that measures the strength of a trend.