|
<
Entries in category: 86 Shown entries: 25-32 |
Pages: « 1 2 3 4 5 6 ... 10 11 » |
Sort by:
Date
Learning the basic skills in forex, such as how to read forex charts, is really important.
This is because once you have this vital skill under your belt,
it will be a lot easier and quicker when the time comes for you to
learn and practice an actual forex trading system.
|
Pivot Point Trading are used today by Forex Traders and are calculated
on the previous days move and trades are entered when the market hits a
support or resistance line of the pivot point providing your OB/OS
indicator is in agreement. All the support and resist lines are put in
place 1st thing in the morning. then you wait for the market to hit
those entry Points. |
We're focusing on technical analysis in this article with a description of some of the important indicators.
We could say, all wealthy traders use technical analysis but
not all technical analysis traders are wealthy although T.A. is the
most precise way of trading the Forex market. It's also useful note
that fundamentals play their part in indicating whether a price will
move up or down. It gives you the edge over other traders.
|
Forex traders almost always rely on analysis to make plan their trading
strategies. There are two basic types of Forex analysis — technical and
fundamental. This article will look at fundamental analysis and how it
used in Forex trading. |
What is Forex or Foreign Exchange: It is the largest financial market
in the world, with a volume of more than $3.2 trillion daily, dealing
in currencies. Unlike other financial markets, the Forex market has no
physical location, no central exchange. It operates through an
electronic network of banks, corporations and individuals trading one
currency for another. |
nterest Rates defined: Interest rates are LIBOR-based for currencies of
disbursement plus a spread which is dependent on the complexity of the
transaction and the risk profile of the applicant. |
What is Forex or Foreign Exchange: It is the largest financial market
in the world, with a volume of more than $3.2 trillion daily, dealing
in currencies. Unlike other financial markets, the Forex market has no
physical location, no central exchange. It operates through an
electronic network of banks, corporations and individuals trading one
currency for another. |
This article will explain some of the differences between Technical
Analysis and Fundamentals and explain a bit about each type of trading.
Excerpts are taken from the best-selling book 'Market Wizards' where
Jack Schwager interviews Ed Seykota and Bruce Kovner. |
|
|
FOREX SEARCH
|