Forex Basic Education

The forex (FX) market has many similarities to the equity markets; however, there are some key differences. This article will show you those differences and help you get started in forex trading Read More

The current volatility and fluctuation in global currencies have attracted investors and traders to the foreign exchange market. The growing popularity of trading Forex, though, has also created the need for Read More

Why Trade in Currencies? There are 10 major reasons why the currency market is a great place to trade Read More

You don’t have to be a daily trader to take advantage of the forex market — every time you travel overseas and Read More

The forex (FX) market has many similarities to the equity markets; however, there are some key differences Read More

When you place orders with a forex broker, it is extremely important that you know how to place them appropriately Read More

The forex market, unlike other exchange driven markets, has a unique feature that many market makers use to entice traders to trade Read More

If you fill up a car with gasoline or heat a home with oil or natural gas, you know that rising energy costs have put a dent in your budget Read More

I’m going to let you in on a little secret. As a currency investor, it’s almost too easy to fall in love with trends. After all Read More

Being something of a veteran in the currency markets now, there are plenty of things I do on autopilot when I’m trading. But that wasn’t always the case Read More

Everyone knows the Forex market moves fast. In response, professional Forex traders have a reputation for monitoring their trading screens 24/7, so they Read More

If you ask a Forex trader when the modern currency markets began, you’ll likely hear several different histories. Some might say the currency market as we know it today began in the late 90s when retail investors could Read More

There are many similarities between the stock market and the forex market, but there are also some differences. In this article, I will discuss some of the key differences between Read More

Forex (Foreign Exchange) simply refers to the buying of one currency and selling of another at the same time. The forex market is the largest financial market in the world, even Read More

Every time you hear someone talking about analyzing the Forex market they usually tout Technical and Fundamental Analysis. They talk about the need to use Read More

Investing in the foreign exchange (FX) used to be the exclusive preserve of an elite group of hedge funds, investment banks and multinational corporations. These institutions guarded Read More

The most common mistakes equity traders make when they begin to trade Forex are: 1. A failure to properly manage risk and 2. Not being aware of news events that will affect their Forex positions Read More

Forex Intermediate Education

It may surprise many aspiring forex or currency traders that you do not need to open an account with a forex dealer to trade currencies. In fact, depending on what kind of investor you are there may be many advantages to not trading forex with a dealer and turning to currency ETFs instead Read More

When it comes to trading the currency market, you might often find yourself making one of two choices: pro dollar or anti dollar. As a component of 90% of all currency transactions, the U.S. dollar has long been the primary driver of fluctuations in exchange rates Read More

Market sentiment is the most important factor that drives the currency market, and assessing market sentiment is one aspect of trading that is often overlooked by traders Read More

Most Main Street investors are used to standard market hours. The opening bell rings at 9:30 each morning to the sounds of Wall Street traders shouting on the floor Read More

Admit it. When you hear the words Forex trader, you don’t picture yourself lounging in your home office, casually buying the euro or Read More

To be a successful trader, you must build positive feedback loops into your mindset. In my previous article, What Traders Can Learn From the World’s Most Successful Companies, I suggested Read More

The carry trade has been one of the most popular forex trading strategies in the last few years, but with recent changes in the currency market and increased volatility, the carry trade now looks like a losing proposition Read More

An increase in market volatility often leads traders to find a lot more trading opportunities. The huge market usually swings lots of potential for gain, but also for loss, especially if traders do not take the necessary precautions Read More

Daytraders, whether stocks, or currencies. live for excitement. However, with the thrill of quick intraday profits also comes stress, something many realize over time Read More

Every trader has had the frustrating experience of placing a stop-loss order too close to the market. It really doesn’t matter if the stop was to exit a losings Read More

Forex Advanced Education

Most technical traders in the foreign exchange market, whether they are novices or seasoned pros, have come across the concept of multiple time frame analysis in their market educations Read More

Trading requires reference points (support and resistance), which are used to determine when to enter the market, place stops and take profits. However Read More

Today I was thinking back to my days as a stock trader. I can’t tell you the amount of Pepto Bismol I went through when the markets dropped like they have this week Read More

In my experience as both a Forex instructor and trader, I’ve found that currency beginners also have trouble placing stop-losses (aka stops) on their accounts Read More

When you start trading in the Forex market, one of the first things you learn is how to read currency pairs. You learn that the first currency listed in any pair is only worth something in relation to Read More

Fibonacci Retracement is a leading indicator that is used to predict future price movement of a currency pair. This indicator Read More

Has anyone noticed how the NY session has been quite banal as of late (particularly FX markets)? It is no wonder considering Read More

Last month I wrote a broad-based article about Gann Theory. The piece described Gann Theory as the study of pattern, price and Read More

Considering the nature of news announcements and their effects upon the markets, traders have often gravitated towards the events in the hopes of capturing a portion of the market response Read More

Most forex trading strategies are based on a market tendency. For example, the currency markets have a tendency to form strong trends, and many trading Read More