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 [...]
