Forex was once a marketplace available only to governments, central banks, commercial and investment banks and other institutional investors like hedge funds. Today, however, there are many venues where just about anyone can trade currencies. These include currency futures, options on futures, PHLX-listed foreign currency options and the largely unregulated over-the-counter (OTC) forex market.

For all of its numbers, charts and ratios, trading is more art than science. And just as in artistic endeavors, there is talent involved, but talent will only take you so far. The best traders hone their skills through practice and discipline. They perform self analysis to see what drives their trades and learn how to keep fear and greed out of the equation.

EUR/USD-market strategy can be a sell from the level 1.4090$

Technical oscillators supporting the bearish trend for the currency pair

The FOREX robot trading system is an automated computer software that is marketed to users who have little or no knowledge of complex market algorithms. The marketers claim that profits can be earned even when you are not in front of the computer; acting like a money-making machine that you just plug into the wall and will just keep churning money out. Reading reviews will show you how to know if a robot trading software is a scam or a legitimate product.

The forex market can be a difficult thing to manipulate without the aid of currency trading platforms. The said places are mostly software applications which help traders get a better grasp of the game.

As the name says, the Forex trading platform is a place where you can sell and buy the forex. This can also be called the forex-trading station. All forex trading financial companies, banks, traders and brokers will provide their own trading hub. These currency trading or forex trading hubs use sophisticated software's, which have, can perform various kinds of analysis such as technical and fundamental analysis.

How Did the Euro Trade in 2008?

Exactly one year ago, the Euro was trading at approximately 1.47 against the US dollar, 5 percent higher than current levels.  In 2008, this type of move is considered mild especially when compared to the Euro’s 20 percent rally against the British pound and New Zealand dollar and 27 percent decline against the Japanese Yen.   However the mild year over year change in the EUR/USD masks a tremendous amount of volatility during the year.  In the first half of 2008, the EUR/USD soared to a record high above 1.60.  After that, it fell 22 percent to a 2 year low but recovered more than half of those losses in the month of December.