Price Breakouts in Forex

One of the most useful tools employed by experienced Forex traders is price consolidation breakouts. Consolidation occurs during a period of indecision which ends when the price of the asset breaks beyond the restrictive barriers. Periods of consolidation can be found in charts covering any time interval and these periods can last for minutes, days, […]

Are trading skills necessary?

It is tempting to think that you need a lot of skills to take part in trading the markets and to some extent this is true. If you are going to trade then it would be wise to know something about it before you start. You need to know what you are getting in to […]

Can Students and Forex Ever Mix?

Are you thinking about getting into forex, but you’re a student? You might have a lot of people telling you that getting interested in forex is ridiculous. After all, students can’t really do too terribly much. It’s not like you can get a standard lot of 100,000 units. However, you can get smaller account sizes […]

Forex Charts Software

Looking to make a reasonably quick buck on the foreign exchange (forex) markets? You’re going to need some forex charts software if you wish to make the slightest bit of sense of your data. Here’s why. Imagine that you have six pebbles, and you swap them for one shell. In one country, that shell will […]

Is Forex worth the gamble?

Forex or foreign exchange is something which is growing in popularity. Many people choose it as an investment because they feel that it is better than putting money in the stock market. They also want a better return on their money than they can get on their savings. With interest rates so low, many more […]

Going Back to Chart Patterns

Trying to figure out the world of forex hasn’t gotten less complex, but it has gotten more accessible. You’re better off making sure that you go back to the fundamentals at the start of the year, so you can become an even more effective forex trader. We wanted to cover chart patterns, because charting is […]

A Well Read Forex Investor Always Wins!

If you’re trying to get into forex, you might have a lot of reasons for that. Maybe you’ve been reading up on all of the benefits of forex investing, such as the ability to trade virtually around the clock if that’s what you wanted to do. After all, forex trades happen 24 hours a day, […]

Pips vs Pipettes – Know the Difference

As a forex trader, you’re going to beg getting pretty intimate with numbers in a big way. You will live numbers, breathe numbers, eat and sleep numbers. But that’s just the way it is. The more data that you have, the better tracking that you can do. You will need to make sure that you […]

How does Forex Stack Up Against Futures

Are you thinking about getting into the wider world of forex, but you’re not sure if you should leave your current trading strategy? You’re actually in very good company. A lot of people are interesting in the world of forex but they have to make sure that you’re really making a good move by switching […]