Just some Basic Tips of Forex Technical Analysis
Chart the Trends and Range Bound Markets The most important aspect of technical analysis is the goal, which always remains the same. Locate the trend or range bound instrument and pick the entry and exit points. All the indicators and ch...
How to become a Successful FX Trader?
There may be many things to do to become one successful trader in Forex Market. Here are some tips for you. Use a Stop Loss Prior to entering into any trade, make a decision on the maximum amount you are willing to lose on this particul...
Advantages of Forex Trading ②
FOREX - Leverage One of the main advantages to trading in the foreign exchange market is leverage. Leverage is the ability to trade in amounts that are higher than your total deposit held. For instance you may have a deposit of $5,000 an...
Advantages of Forex Trading ①
FOREX Advantages There is a reason why the largest financial market in the world is the foreign exchange market, why the world chooses to trade in the FX market more than any other market. The following are a list of some of those reason...
Introduction to Forex ⑧ -Swaps-
Rollovers or Swaps Before we discuss this topic, it is necessary to say that Forex Place 4xp performs all the rollovers automatically, and there is no need for trader intervention. However for an understanding of the mechanisms of the ro...
Introduction to Forex ⑦ -Order Types-
Orders: Stops and Limits In the Forex market traders are able to enter a trade at the current spot rate (also known as a market order where you Sell at the Bid or Buy at the Ask), or alternatively at a future rate – these are known as Or...
Introduction to Forex ⑥ -Margin-
Margin Whenever you enter a trade, margin is set aside by the broker according to their policies. There may also be margin calls along the way, and it's important to understand the margin policies of the broker as each act in different ...
Introduction to Forex ⑤ -Leverage-
Leverage One of the main advantages to trading in the foreign exchange market is leverage. After reading the previous chapter you may be thinking, I need to have 100,000 Euro in order to make $10 a pip?!? That doesn't seem to be worth t...
Introduction to Forex ④ -Spread-
Spread The term inter-bank prices are often discussed in FX terminology. As implied by the name this refers to the exchange of information or in this case live prices between banks and large institutions, these prices reflect the current...
Introduction to Forex ③ -Trading Examples-
What are the Bid and the Ask prices? When currency pairs are quoted for trade they will be followed by two numbers under the heading of Bid (also known as Sell) and Ask (also known as Offer or Buy). The following is an example of a typi...