Browsing all posts in July, 2009.

Fundamental Analysis vs Technical Analysis

Forex traders use different types of analysis to determine which stocks to pick. There are two main analytical models when the objective is to decide which stocks to buy and for how much.
Firstly there is fundamental analysis, which looks at various factors to predict current market trends. Fundamental analysts will look at factors such as [...]

The Birth of Forex

Forex is a relatively new market and came about in the 1970s, and it is a direct result of various international agreements concerning world currencies. Specifically these were the Bretton Woods Agreement of 1944, the Smithsonian Agreement of  1971 and the European Joint Float of 1972.
Bretton Woods Agreement
44 nations were involved in drafting the Bretton [...]

Best Guessing Forex

Making profits on Forex requires a basic understanding of two concepts. These are how to perform a technical assessment of the market, and how to carry out a fundamental analysis. Both are equally important, though some people tend to rely on one rather than the other. When they lead to opposite conclusions, caution is recommended, [...]