What is Forex (Foreign Exchange)?
The vast currency market is a foreign concept to the average individual. However, once it is broken down into simple terms, the average individual can begin to understand the foreign exchange market and use it as a financial instrument f...
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...
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 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...
Introduction to Forex ① -Basics-
What is The Forex Market (FX, Foreign Exchange) The Forex Market (FX, Foreign Exchange, 4X) FX, Forex, Foreign Exchange and 4X are all abbreviations of the same thing – the Foreign Exchange Market. Not so long ago, the Forex market was ...