When it comes to investing on the Forex, there are two basic paths you can choose: Fundamental or Technical. Fundamental investors look at changing interest rates, GDP figures, and other economic indicators to help them anticipate fluctuations in the exchange rates of currency pairs. Technical traders, on the other hand, look for trends in the market to help them identify currency pairs and the best enter and exit points on a position.
Why Are Currencies And Forex So Popular?
It is called a pip and its value is the equivalent of 0.0001 of a dollar, in most currency pairs, and it is the smallest increment on the Forex market. A pip in the Japanese Yen is 0.01. Now you might find yourself wondering what the Forex market actually is and why anyone would possibly think chasing pips was ever going to be a profitable endeavor. However, with almost $2 trillion dollars being exchanged on the Forex each and every day it is open (from Sunday through Frida…
Why Trade The U.S. Dollar?
The Forex is an informal marketplace where investors from around the world come to exchange one currency for another. In truth, the investor is buying one currency while simultaneously selling another. Dozens of currencies are exchanged and all at varying rates that fluctuate constantly. There is the potential for unlimited profits for investors that can accurately predict which way the rates will fluctuate for a given period of time. Before an investor can realize any gains,…
What Is Dow Theory?
You may find yourself wondering what Dow theory has to do with trading on the Forex (Foreign Exchange marketwhere nations, corporations, and now retail traders go to exchange currencies). Well, before Charles Dow began writing his theory over a century ago, the idea of speculating on the markets was considered rather foolish. However, the Dow Theory is still considered to be one of the leading authorities on basic market philosophy and is relevant to traders on the Forex e…
What Is Forex Market?
The forex market, or foreign exchange market, is a trading market where people will trade currencies around the world. The forex market is like the stock market in that money is traded and that people on the market can gain or lose money in trading, but it is much larger than any other market out there. That is because all kinds of monies are being traded at any time of the day.
What Is Forex Technical Trading?
Just as you would expect with anyone trading in equities, investors in the Forex market employ strategies to help them invest more successfully. All of these strategies ultimately boil down to one thing: trying to predict which way the currency exchange rates will fluctuate. Predict correctly, up or down, and make a profit while we all know what happens when we are incorrect.
What Moves The Forex Markets?
Investors in any market, be it securities or currencies, wants to know what causes price fluctuations so they can predict them and make a profit. While stock investors research publicly traded corporations in order to make trading decisions, those on the Forex must consider what influences the currency exchange rates between nations. Because it is so volatile with significant fluctuations in short term prices, it is especially important for the Forex trader to understand wh…
Whats With Forex Margins?
Buying on margin is almost a necessity in the Forex (Foreign Exchange market) because the standard transaction is $100,000 and known as a lot. Lots have to be that big on the Forex because of the sheer volume of money changing handsnearly $1.8 trillion dollars every day (and the market is open 24 hours per day, Sunday through Friday). This huge volume is a large draw for investors along with other advantages, such as:
Which Are The Top Forex Currencies?
The Forex (Foreign Exchange Market) exists because multi-national corporations and nations need to buy and sell goods/services from outside sources. To do that, they need to exchange their home currency with that of other nations. As you know, not all currencies have the same buying power so nations, banks, and corporations exchange their money with one another just as tourists do when traveling abroadsame concept, just a LOT bigger scale!
Trading Smart In The Forex Market
Hundreds of thousands of individuals have already joined the FOREX market. If you are interested in a way to invest your money with quicker returns, FOREX may be perfect for you. But before you can begin earning money, you should thoroughly understand the FOREX market.
The Roulette Wheel Of Foreximproving Your Odds
There are two factors that really determine whether an investor will risk capital or not: the potential for profit and the ability to liquidate the position should things start to head south. Real estate is a very stable investment for one simple reason: they arent making any more of it. In time, all property value rises making it a fairly safe investment vehicle but it takes a long time to liquidateespecially if the market suddenly goes south!
The Decision To Use A Forex Automated Broker
It is becoming increasingly popular to trade in the forex market using automated forex brokers. These are firms or companies that operate websites online to offer easy access to instant currency trades for their clients. These automated brokers are instantaneous so the clients dont have to worry about the value of the currency they are choosing changing negatively before they have the chance to complete their transaction.