The forex market is undoubtedly the world’s largest and most liquid market. Why is that so? The reason is really very simple. In the forex market the volume of transactions traded is more than ten times larger than the combined daily turnover of the world’s stock exchanges. Added to this is the fact that each time a particular currency comes under focus, more and more people try to speculate on that currency and those people may eventually join the forex bandwagon. All this adds more to the volume and liquidity of forex markets. Read more…
Forex trading is often reckoned to be an esoteric topic. This is particularly so with respect to the technical analysis aspect of forex trading. If you have a good broker and trading software you do not automatically become a profit making forex trader. You should simultaneously have a proper trading strategy in place to predict accurately future market trends. Bollinger Band is one such tool that helps you to chart a forex strategy by predicting the behavior of currency markets. Read more…
Both technical analysis and fundamental analysis in isolation has failed to keep pace with the globalization of financial markets. The advent of personal computers and modern global communication systems coupled with the explosive growth of the Internet has resulted in global financial markets being interconnected. Now seemingly unrelated events happening in one market have profound effect on markets elsewhere. This is one reason why you should focus on formulating a forex trading strategy. Read more…
In a globalized economy there is a strong interconnection between oil and financial markets, most notably that which involves currency markets. Therefore it would indeed be commonsense to figure out that there would be a net socio-economic gain if the price of oil falls. Obviously in such a situation economic growth is possible with lesser inflationary tendencies, as you could then have a period of lower interest rates which greatly helps to stimulate business.
In this article we will first try to analyze the reasons why the price of oil goes northwards or southwards as the case may be. Then we would try to figure out the relationship between oil prices and its possible impact on Read more…
Forex is a 24-hour market covering different time zones. It starts at a place called Wellington in New Zealand on Monday morning at 8am local time. This corresponds to 8pm GMT, 9pm BST and 4pm EDT. The market, which starts on Monday, shuts down for the week at 4pm EDT on Friday. BST stands for British Standard Time. EDT is Eastern Daylight Time, USA. The forex markets after starting at Wellington, passes through several prominent cities and time zones, like Sydney in Australia, Tokyo in Japan, then on to Singapore, Frankfurt and London and finally ending in Read more…
Technical analysis helps you identify and capitalize upon the trends in the forex market. As you get gradually involved in forex trading, you will get to hear more and more of technical analysis in forex trading.
The fundamental concept behind technical analysis is really very simple. Firstly, technical analysis uses certain tools, which are called as technical indicators. These technical indicators collect historical prices pertaining to different Read more…
If you do not have time to research on how to invest in the forex markets you could buy yourself subscription to forex trading signals. But this is where you have got to be careful. There are plenty of forex signals trading on the Internet. And that means you have to be doubly cautious of finding the right forex signal to follow and use in your trading strategy. People who don’t have the time to research on how to structure their trading strategy are more prone to using forex-trading signals. However, there are more number of people trading the forex who Read more…
Forex investing is a sublime form of investment opportunity with an inherent associated element of high risk. To succeed, you may need to use computer programs for calculating and analyzing market conditions. Even then you would need to know, some advanced investing practices especially if you were intending to be a day-trader. Read more…
Using forex forecasts is one way of keeping abreast of volatile forex markets. It certainly helps you to discern the factors that affect exchange rate changes. But why should you bother about the factors that could affect exchange rate changes? That is precisely because, success in forex trading depends on knowing exactly what and who will affect currency rate changes at any given moment in time. Forex forecasts help you solve this Read more…
If you wish to avoid the risk involved in trading on your own, you could employ the services of Forex trading professionals to manage your trading accounts. Managed forex accounts are the easiest and safest way to trade. That is not to say that using managed accounts is a sure shot way to making guaranteed profits, but the great thing is that you could avoid some of the pitfalls of trading on your own. It is commonplace to loose your money in forex trading simply because you were in a bad mood and consequently you might have made an emotional decision. Besides, if you were to do forex trading on your own, you Read more…
Understanding forex pivot points is probably the key to understanding forex trading. Forex pivot point is a technical aspect of forex trading. In fact, it is one among several technical aspects of forex trading that you will find very useful.
If you look at the forex markets carefully, you will notice that it often changes direction. Consequently it is these changes in direction that lead to the generation of either profits or losses. The level at which forex markets changes direction for the day is referred to as the pivot point. Recognizing the reversal of trend will help you to capitalize Read more…
Fundamental analysis in Forex trading requires that you analyze economic indicators such as, Interest Rates, Gross National Product (GNP), Retail Sales, Consumer Price Index (CPI), Non-Farm Payroll and so on.
Fundamental analysis in forex trading is one of the components of forex strategies. Just as there are strategies in running businesses there are forex-trading strategies too, namely forex-trading strategies based on fundamental analysis, and those that are based on technical analysis. We just learnt of pivot points, charts, resistance level and so on, which all comes under the category of forex technical analysis. What then is fundamental analysis? Fundamental analysis is simply Read more…
In forex trading you will constantly find reference to support and resistance levels. These are nothing but currency retracement levels in accordance with Fibonacci ratios based on the pioneering work of the great Italian mathematician Leonardo Fibonacci.
Don’t get perplexed with the statement “support and resistance levels are currency retracement levels related to Fibonacci ratios.” Currency and retracement levels could be calculated by the method of determining pivot points. It is only that, there is a correlation between retracement levels and Fibonacci ratios.
But who is Fibonacci, what are these numbers and ratios we are talking of, and just what has all this got to do with Read more…
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The Global Forex Trading is known as the Division of Global Futures & Forex, Ltd. The GFT Forex is a company based in the United States of America but with different offices located in three different countries. The GFT Forex is a division of Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC).
The GFT Forex in the United States is a member of the National Futures Association (NFA). In Australia, they are regulated by the Australian Securities and Investment Commission (ASIC). They are regulated as well by the Financial Supervisory Agency (FSA) in United Kingdom and Japan.
The GFT Forex is a provider of global foreign exchange in more than 120 countries globally through Read more…
(3 votes, average: 3.33 out of 5, rated)
The Forex.com is a company based in New York, USA, which is a division of a company known as GAIN Capital Group, LLC. The flagship of the company is used by many professional money managers and experienced traders from different countries.
Forex.com is registered member of the Futures Commission Merchant, as well as the National Futures Association. Since it is an FCM, the Forex.com is Commodity Futures Trading Commission (CFTC). Read more…
