Forex market

According to The Gartman Letter (TGL), the forex world has changed significantly over the past 24 hours. The forex market went from relative stability to high volatility within a few seconds yesterday. This was a result of the ratings agencies downgrading Greek and Portuguese debt and threatening...

When investors are new to forex trading, they are usually unsure of making any move in the market and may hesitate when opening or closing a position. This may cost them money, as they may lose out on a good profit-making opportunity. Moreover, in the absence of extensive knowledge and expert...

The forex market has been attracting an increasing number of investors across the world as it offers substantial profit making opportunities. The popularity of the market is evident from the fact that it has a daily turnover of around $3.2 trillion. This makes the currency market one of the largest...

There are two types of forex accounts. Standard accounts and mini accounts. Mini accounts are for beginners in the forex market who want to start trading with a fixed minimum investment. The main points of distinction between the two are: Minimum Trading Size – For a Standard Account, it is 100,000...

A trader has different types of forex orders at his disposal. It is crucial to have a clear understanding of each forex order type to experience any success as a forex trader. Some of the forex order types are: Trailing Stop Loss Order: Trailing stop loss for any transacted currency pair keeps...

A trader has different types of forex orders at his disposal. It is crucial to have a clear understanding of each forex order type to experience any success as a forex trader. Some of the forex order types are: Market Orders: A buy or sell order, which is designated to be executed at the forex...

Forex brokers provide their services in two ways: • Phone-in Service: where people can call in and trade. Phone-in trading has its demerits because forex market information changes fairly rapidly. So if you are calling your broker and even if it connects in the first try, the forex market...

Forex brokers provide their services in two ways: • Phone-in Service: where people can call in and trade. Phone-in trading has its demerits because forex market information changes fairly rapidly. So if you are calling your broker and even if it connects on the first try, the forex market...

The indicators of the stochastic non-trending indicator get activated in three ways: • Stochastic Oscillator Crossovers: The Stochastic Oscillator generates a buy signal when it falls below 20% and then rises above it. It activates a sell transaction signal when it rises above 80% and then falls...

The overbought & oversold indications of the RSI don’t always give the true forex market picture because the RSI (a non-trend following indicator) and the market trend share an inverse relationship. So whenever the market exhibits a strong trend, the RSI loses its value and vice versa, which...