Forex Trading Information
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.
Don’t forget to check and bookmark my Forex blog to get
the latest updates about Forex market and this site’s content. You
can also join a friendly Forex traders community at the Forex Forum.
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Latest Forex News
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Dollar Ends Week Advancing on Uncertainties
Sat, 20 Mar 2010 02:42
The U.S. dollar together with the Japanese yen were the top performers in currency markets before the end of this week’s trading session as multiple events worldwide set risk aversion to higher levels, as the news released today indicated negative surprises for financial markets’ investors.
Recession’s Return Sets Pound Down
Sat, 20 Mar 2010 01:10
The pound lost today versus multiple important currencies as both the domestic and the international market scenarios were rather pessimist before the end of this week’s session, setting the pound to plunge once again paring the advances earned during the middle of the week.
Loonie’s Rally Ends on Oil Drop
Fri, 19 Mar 2010 04:15
The pessimism returned to financial markets today as European economic problems made the headlines once again in most financial websites this Thursday. Markets that influence the loonie, as the crude oil and other raw materials slid, affecting also the loonie’s advance.
Greek-IMF Funding Threat Pulls Euro Down
Fri, 19 Mar 2010 02:54
The European single currency slid for another day versus most of the 16 main trades ones in forex markets as Greece and the EU are exchanging accusations towards each other regarding the southern country budget crisis and how it should be solved, shunning investors from the Eurozone.
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Latest Glossary Entries
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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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RSI (Relative Strength Index) — indicator that measures of the power of direction price movement by comparing the bullish and bearish portions of the trend.
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CCI (Commodity Channel Index) — a cyclical technical indicator that is often used to detect overbought/oversold states of the market.
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