The Forex Trading Blog

Keep you up to date on Forex Trading

  • META

  • Trading Solutions Free Demo!

    Making Sense Of Currency Movements by Grace Cheng

    Forex Focus: Making Sense Of Currency Movements by Grace Cheng With currency movements so randomized, how could you possibly know when to enter and exit trades? One of the most frequently asked questions among forex traders is certainly this: What on earth is [any currency pair] doing? This question tends to come up especially when you have open positions in the forex market. The nonstop fluctuations of a currency pairs exchange rate may seem totally random. Some traders will question if it is possible to even trade accurately in such a random market. Making sense of currency price movements is not transgenic science. Once you know the core behavior of currencies, you will find it easier to understand their movements and exploit them for profitable trading opportunities. FUNDAMENTAL BEHAVIOR OF CURRENCY PRICES Currency pairs either move in a trend or within a range. This concept is so simple and yet so revealing that I have to say it again. Currency pairs either move in a trend or within a range. Once you digest this fact, you will come to the realization that currency price behavior can be understood to a large extent and exploited to your advantage.

    (more…)

    October 24th, 2008 by admin

    Profitable Forex Trading for Beginners

    This ebook completely explains offshore trading; how it works and how to utilize it to make a great income! Recommended!

    (more…)

    Forex Focus by Ian Copsey

    Stocks & Commodities V. 24:10 (16-23): Forex Focus by Ian Copsey Access to foreign exchange trading has opened up exciting trading options for the retail trader. You can now trade alongside corporations and institutions in a highly liquid market that is global, traded around the clock, and highly leveraged. Before jumping into this market, however, we must understand the factors that affect the forex market. With that in mind, STOCKS & COMMODITIES has introduced Forex Focus to better prepare the retail trader to participate in the currency market. Relative Spread Strength As A Long-Term Cyclic Tool Having a hard time identifying cycle peaks? This indicator can help confirm cycle highs and lows. I use time cycles within my analysis a great deal, but one of the common problems in doing so is identifying cycle peaks. So I set out to create an indicator that could be used as a proxy for cycle highs and also help confirm cycle lows. The indicator I ended up with is quite simple, simply measuring the relative strength index (RSI) of the spread between two simple moving averages. This is why I refer to it as the relative spread strength (RSS). The objective was to record the strength of the expansion of the spread that occurs in a move in one direction and then record the contraction as the market corrects, causing the moving averages to move back toward each other.

    (more…)

    October 24th, 2008 by admin

    Forex Trading

    HOME Main Categories Forex Trading Currency Trading Online Forex Trading Fx Trading Forex Currency Trading Online Currency Trading Trade Currency Foreign Currency Trading Foreign Exchange Trading Forex Trade Fx Currency Trading Currency Exchange Trading Global Forex

    (more…)

    I want to create my own Forex trading platform, but don’t know what steps i need to take. I don’t want it to be wide spread or become like a broker where people sign up for it, but trade it with a few select people. Is this even possible ? How can I get my trades into the market ? Would i need a liquidity provider ? What kind of licensing or paperwork do I need ? and finally how much would it cost?…..

    I know there are a few brains out there that know about this, any of your input would be greatly appreciated…. or perhaps maybe you know where i can obtain all this information. – Thanks

    We have looked into this as well. I won’t claim to know the best route for what you are wanting to do but here are two options we have explored:

    Currenex – You will still need to find a liquidity source but they can help. We were looking at using the liquidity sources of a European bank.

    White label – Most brokers will offer a white-label solution.

    Just google either to find out more information.

    Good luck!