Browsing all posts in General.

Dealing with Debt Issues

As any forex trader will tell you, staying on top of your finances is crucial to turning in a profit. But quite often this doesn’t happen and many traders will, at some point in time, find themselves in debt. Sometimes getting in debt is the result of circumstances beyond our control such as losing a job… but often it is as a result of being over-ambitious with forex trading or chasing a loss.

Hedging

On occasion, Forex traders might seek something of an “insurance” against an undesirable switch in exchange rates. If so, they will use a method known as hedging.

Mini Forex Accounts

If you are just dipping your toe into the world of Forex, you might be a little apprehensive about starting out in a completely new form of trading with a full-blown trading account.

Forex Scalping

Forex scalping, sometimes referred to as quick trading, is a method used by some traders to make a high volume of trades for very small profits. In most cases, a scalper will hold on to a currency for less than one minute in an attempt to make a very small profit. The sheer volume of [...]

Swapping

Aside from the buying and selling currencies on Forex markets, there is a surprising amount of swapping taking place. This isn’t of course, the kind of swapping that you may have taken part in with football cards as a youngster; this is all about swapping currencies and commodities.
There are three common forms of swapping that [...]

Price Shading

Price shading is a strategy used by forex brokers to try and gain an advantage over traders when they feel that a particular currency is showing an increasing trend. In such examples, a broker may opt to add a ‘pip’ to the real market price in an attempt to increase their profit margin.

Sunspots in Forex

Sunspots in Forex
Sunspots, an increasingly reported solar phenomenon are solar storms that can affect the weather, the ozone layer, and some people even think global warming. These sunspots come and go in approximately eleven year cycles, and some analysts have attempted to draw parallels between sunspot cycles and business cycles.

Forex Trading: Open all Hours

Unlike other equities markets, the foreign exchange markets are a 24 hour trading platform, following the trading hours of each of the world’s major financial centres as the world turns.
Whilst each of the major Forex trading floors, in Sydney, Toyko, London and, New York are individually only open for nine hours a day, their opening [...]

How to read Forex Quotes

When reading a quote of Forex, you need to look for two specific numbers, the base and the quote.
Typically, a Forex quote will appear in the following format:
USD JPY 1/97.42
The number on the left of the slash is the base number. The base is always “1″ and represents, in this case, the US Dollar. The [...]

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 [...]