Believe it or not, you can actually make money when a currency pair goes neither up nor down in price. Yes, that is right, you can make money for just holding a position in forex! Carry Trade Interest You remember from the third article of our comprehensive guide that when you buy or sell a [...] Read more »
The Spread, A Forex Brokers Profit
In our example from the previous article, we actually alluded to a few things. The first, is that there were a few costs in our example trade of 1 lot of GBP/USD. The hidden cost is the “spread” or the commission the broker earns for completing our trade. How Forex Spreads Work Unlike stocks or [...] Read more »
How Money is Made With Forex
So, you know how the forex market works, now its time to find out how investors make money with forex. The premise of the foreign exchange market is simple, to exchange one currency for another currency which you believe will go up in value. The basics are much like the stock market, so anyone with [...] Read more »
Forex Market Trading Times
The foreign exchange market is the only market in the world that is open 24/7. Investors are able to place trades every single day of the week, however, most pairs will move very little on the weekends as very few investors stick around to trade. When Various Markets Open When one market closes, another one [...] Read more »
The Basics of The Forex Market
The foreign-exchange market, or forex, is the largest market in the world by volume. That is, more money exchanges hands on the foreign exchange than in any market in the world. Some $1.5 Trillion is exchanged daily compared to $25 billion on the New York Stock Exchange. Across the world, the daily volume of stock [...] Read more »
Forex Signal Services
Forex signal services offer investors the ability to trade the foreign-exchange market without their own analysis. Instead, investors can rely on professional advice from a currency trader. It is important to remember that forex signal services are not the same as managed accounts; managed accounts are traded by an active manager whereas forex signals are [...] Read more »
The Advantages of the Forex Market
When people think finance, they often think of Forex, or Foreign Exchange. Foreign Exchange is just what you thought it is – the exchange of foreign currencies. It is similar to the stock market in a sense, but does have both its advantages, and disadvantages. Nonetheless, it is a great market, and given you know [...] Read more »
Commodity Prices and Currency Movements
Predicting the next move in the markets is the key to making money in trading – but putting this simple concept into action is much harder than it sounds. Professional forex traders have long known that trading currencies requires looking beyond the world of FX. The fact is that currencies are moved by many factors [...] Read more »
Head And Shoulder Patterns
A head and shoulders pattern consists of a peak followed by a higher peak and then a lower peak with a break below the neckline. The neckline is drawn through the lowest points of the two intervening troughs and may slope upward or downward. A downward sloping neckline is more reliable as a signal. Read more »
MACD or Moving Average Convergence Divergence
MACD is A trend-following momentum indicator that shows the relationship between two moving averages of prices. The MACD is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. A nine-day EMA of the MACD, called the “signal line”, is then plotted on top of the MACD, functioning as a trigger for [...] Read more »
