Forex Trading Informationindex
FOREX — the foreign exchange (currency or forex, or FX) market is the biggest
and the most liquid financial market with the daily volume of more than $3.2 trillion.
Trading on this market involves buying and selling world currencies taking
the profit from the exchange rates difference. Forex trading can yield high profits,
but it is also very risky. Everyone can participate in Forex trading via the Forex
brokers.
Dont forget to check and bookmark my Forex blog to get
the latest updates about Forex market and this sites content. You
can also join a friendly Forex traders community at the Forex Forum.
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Latest Brokers' Reviews:
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Chloe from Germany writes about Forex Place:
Hello All, I have been trading forex with a few brokers for about 2 years now including 4xp (Forex Place) for about 6 months now. I definitely think that they have a few pros and cons that need to be taken into consideration. At the beginning when I... |
Fidelis from Nigeria writes about InstaForex:
This people refused to send my money even after they tricked me with their 30% bonus.I've told them to deduct their bonus and send me mine to no avail,but whatever a man sow that shall he also reap;if you sow pain into your fellow human being life,yo... |
James Ruttledge from London writes about GOMarkets:
I was introduced to Go markets from a collegue about 4 months ago having had a disastrous experience with another broker. Go Markets impressed me with how easy it was to obtain my account and the customer service was of a good standard if maybe a bi... |
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Latest Forex News
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Canadian Dollar Falls on Stocks & Commodities Decline Tue, 27 Jul 2010 18:41
The Canadian dollar weakened today after the decline of the U.S. consumer confidence and the decreasing prices for commodities damped the appeal of the currencies tied to growth.
Dollar Rises vs. Yen & Euro Tue, 27 Jul 2010 15:54
The U.S. currency strengthened today against the euro and the Japanese yen as the macroeconomic indicators suggested that the U.S. economy is recovering. The dollar dropped versus the Great Britain pound.
Swiss Franc Falls as Stocks Rally and Recovery Continues Tue, 27 Jul 2010 11:02
The Swiss franc weakened today versus the U.S. dollar and the euro as the U.S. and the European economies show signs of recovery, damping demand for the franc as the safe currency and drawing the investors to the riskier assets.
Yen Weakens on Signs of Recovery Tue, 27 Jul 2010 09:20
The Japanese yen declined today against the U.S. dollar and the euro as the signs of the economic recovery in the U.S. prompted the investors to leave the safe currencies in favor of the higher-yielding ones.
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Latest Glossary Entries
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Take-Profit Order an order to sell or buy a lot when the market reaches certain price. It is used to fixate your profit. Usually is a combination of stop-order and limit-order.
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Gap a difference between the previous period's close price and the next period's open price. In Forex usually only occurs during weekends between the Friday's close and the Monday's open price.
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STP (Straight Through Processing) an order processing that doesn't require any manual intervention and is fully automatic. In fact, 99.9% of all on-line Forex brokers support order handling with STP.
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