Forex Articles – page 8

The Forex brokers continuously arrange some types of Forex contests and competition for their clients in order to retain their interest and association with their trading site or platform. The Forex trading contests are used by the online Forex brokers for making the traders more active and vigilant in their trading experience. Basically the Forex contests are arranged to test the trading skills and abilities of the Forex traders...

There are many different types of trade promotions which are exclusively provided by the Forex brokers and online companies. Besides the Forex bonuses and contests there are also promotions without any specific name which are commonly offered by the Forex brokers. In order to get familiar with them let's look through these trade promotions examples...

In order to attract potential clients to the company, Forex brokers provide different trading promotions such as Forex bonuses. Bonuses are very popular among traders because they help to earn extra profits and some of them even give an opportunity to earn money without any investments. All the Forex bonuses can be divided into groups...

Today all of us are fully aware about Forex and its related matters. The number of Forex traders is increasing day by day because of the interest and profits associated with trading on the currency market. Forex is somehow different from the traditional forms of trading like the stock exchange. In order to start trading Forex the investors have to find a reliable broker or dealer which can provide them the access to the trading process on the international currency market...

All traders, who joined FOREX, seek to reach best results. But to trade with profit, traders need to know and follow some FOREX principles.
1. Have your own trading strategy. Develop your system, which is based on some significant factors for trading on FOREX.
2. Control your emotions. Unstable emotional condition may disturb in making decisions. Learn how to control your emotions and...

The most important steps of trading are order opening and order closing to fix the results of the trade.
Order opening
It is possible to trade on the platform MetaTrader 4 using either market or pending orders. Market order is used to...

Psychological preparation is very important when you want to reach good stable results. The beginner, who has just started trading process, quite often considers Forex as it is something easy to learn, but this is not true. Having earned a small sum in the beginning, he looses his head and as a result can loose absolutely everything. During first days of trading you can start writing down all the actions made by you. In a little while you notice...

Central bank is a bank that provides financial services to government and commercial banks of its country.
The main functions of the central bank are:

Transactions on the FOREX market are made on Spot terms. It means that all the deals are made with the actual delivery of the currency next workday after their execution. But there is no need in the real delivery of the currency in case of speculative trading (speculative trading is actually something you are about to start). If you execute order...

In order to interpret the situation on the market correctly and figure out what some actions and events will cause, you need to learn to "read", group and analyze information, received from external sources. To predict future currency fluctuations, you must learn two types of analyses: technical and fundamental. Lets find out what are the features of each one of them.

In order to display information on the quotes of the foreign exchange market, several ways of building charts exist. Charts are used by the trader to conduct technical analysis and make market decisions. They are built in two coordinates: price and/or tick volume (shown on vertical axis) and time period (horizontal). Some kind of data is used for building charts (except tick ones):

To start trading process, the necessary condition is the presence of the trading platform. Trading platform (trading terminal) is a set of software and hardware, adapted for online trading, which provides interaction of broker and trader. In other words, trading platform – is a software, that is installed on trader's computer and used for online trading. Some platforms work through...

It is easy to start trading on FOREX, the complication appears when you want to trade with profit. A lot of people mistakenly consider FOREX as a kind of gambling, where everything depends on the luck. But this is not true. In order to receive stable profit, theoretical knowledge is required. This knowledge must be followed by practice. In order to test your trading skills, when you are not experienced in trading, you have a chance to...

The concept of trading on the FOREX market is based on the process of buying one currency for another and inverse operation of selling it, to make profit. You can make such transactions with almost every currency of the world. Let's analyze some examples. Example 1: You have 1,600 USD and exchange rate GBP/USD is 1.6000, which means that you can buy 1,000 GBP for 1,600 USD. You buy...