Forex Technical Indicators -Beginners' Guide ②-
Technical Indicators – Types As stated above technical indicators are a manipulation of the historical and current data to help the analyst arrive at a trend, entry and exit points in a more efficient manner. There are many types of indi...
Forex Technical Indicators -Beginners' Guide ①-
Introduction to Technical Analysis When it comes to trading in the Forex market, there are two main schools of thought as to when, what and how to trade – Technical and Fundamental Analysis. (Refer to Fundamental Analysis) The following...
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...
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 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...
Introduction to Forex ② -Market-
Shorting When trading in most financial markets, one normally has the ability to go in one direction "buy" or "up", the only other option available is to be out of the market. For instance say you were looking at a particular share that...