What Are The Forex Trading Hours?
The Forex market is open 24 hours a day 5 days a week. This provides traders the opportunity to place trades at any time of the day or night. As we cannot all stay up 24 hours a day to trade Forex there are certain hours of the day where the market is relatively quiet. [...]
Read more »Looking for Forex Radio?
If you have searched for radyo Forex you are probably looking for information on Forex Radio. Unfortunately there do not appear to be any Forex Radio services available that are free. You could try searching for Forex Podcast to find what you are after.
A few websites do provide free daily Forex Podcasts that give [...]
Currency in Barcelona
Barcelona is a city in Spain. The currency Barcelona uses is the Euro. There are 7 Euro notes, in denominations of 500, 200, 100, 50, 10 and 5. There are 8 Euro coins in denominations of 2 and 1 Euros and 50, 20, 10, 5, 2 and 1 cents.
The Peseta was converted to the [...]
Free Forex Charts
Free Forex Charts are available on many popular currency converter websites. These websites generally only provide end of day prices, which may be sufficient for your needs. Many Forex brokers also provide daily Forex charts for free and include analysis of their expectations for the next trading session. This free service can be very useful [...]
Read more »Learn Forex Trading Online
This website is a great source to learn Forex trading online. It contains many articles on avoiding the pitfalls of Forex trading and how to improve your trading using Fundamental and Technical Analysis.
The problem many beginner Forex traders face is being overwhelmed with information. While the internet is a great resource for free information, [...]
Asia Forex Trading Hours
Forex trading hours are as follows:
In EST
Tokyo – 7pm – 3am
Hong Kong – 9pm-5am
An Introduction To Forex
With the increasingly widespread use of the internet, foreign currency trading has never been more accessible to investors. The participation of large international corporations, hedge funds and banks makes the foreign currency (Forex) market the most highly traded and most liquid market in the world. The Forex market is open 24 hours a day, 5 [...]
Read more »Forex Basics – Moving Averages
The moving average is one of the most basic and popular technical analysis tools in foreign currency trading. Moving averages are used by Forex investors to confirm trends, identify new trends and spot trends about to reverse.
There are three types of moving averages: Simple, Weighted and Exponential.
In a simple moving average each price point over [...]
Forex Trading Common Mistakes
Learning about the common mistakes made in foreign currency trading will help you to improve your skills and chances of being successful. Here are some common mistakes and assumptions new traders make:
- Misplacing Stops
Stops are necessary to avoid bad losses, however poorly placed stops can be just as bad. Before placing a trade the trader [...]
Opening a Forex Mini Account Is Easy
Did you know that opening a Forex trading account is as easy as opening a bank account. In most cases you only need to complete a simple form (either online or printed from the Forex broker’s website) and provide the necessary ID. One of the decisions you should make before you begin Forex trading is [...]
Read more »Forex Training – Supply And Demand Basics
A popular method of trading Forex is to use fundamental analysis to make decisions about the direction a currency is likely to go in. This article will provide you with an introduction to how you can use the basic concept of supply and demand to improve your Forex trading results.
The foreign exchange (Forex) market, works [...]
Protect Your Investment
Often, investors get so caught up with how much money they expect to make in their portfolio that they forget about protecting what they already have. As an investor, your first priority should be to protect your capital, once that’s sorted out you can focus on putting your money to work for you.
Protecting your [...]
An Introduction To Forex Scalping
Scalping for quick small profits is a very popular Foreign Currency (Forex) trading strategy, requiring extreme discipline and focus. True Forex scalpers make between 10 and 100 trades per day. If a position goes against them they exit quickly rather than holding on and hoping that it will turn around. A Forex scalping system aims [...]
Read more »Use Money Management When Trading Forex
It can be very tempting to take your credit card out of your wallet in order to take advantage of a great opportunity for a trade in your top Forex trading system. However, prior to taking that credit card out, reflect that without sensible money management you could end up broke faster than you realize.
No [...]
What Is A Forex Fund?
A frequently asked question from investors is What is a Forex Fund?
A Forex Fund functions exactly the same way as a mutual (managed) fund. Mutual Funds began after the crash of 1929. The rationale behind a mutual fund is if people combine their money, they can purchase more shares to obtain greater diversification, thereby reducing [...]
