Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.3 trillion (as of April 2013). Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Everyone can participate in foreign exchange trading via the Forex brokers.

You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Antares writes about LMFX:

    Unfortunately, this turned out to be one of those companies whose terminals often hang freezed under high volatility. It's awfully irritating when trading is on and and you can't operate with terminal, and it often turns into loss trades. My opinion ...

  • Cada Kenzy from Philippines writes about LMFX:

    They do have a good number of pairs to choose from, the process of opening an account is very acceptable, one noticeable feature is the speed of execution. In 2 months of trading, i only had one test withdrawal and it was processed with in the given ...

  • Adira Fairuz from Ungaran , Indonesia writes about Tickmill:

    I have been trading with Tickmill nearly around 7months with their classic account

    I have gone through some profits and losess in my trading account.

    I can say they are really have good spreads start from 1.2pips for EURUSD in their classic ac...

  • AccentForex Broker from UK writes about AccentForex:

    Mehedi Hasan, hello.

    Read your feedback, we have found that the account number specified by you does not meet the numeration real AccentForex accounts.

    With such numeration can only be demo accounts. So no real profit you could receive and accordin...

Forex News

Dollar Struggles as Fed Monetary Tightening in Question

Dollar Struggles as Fed Monetary Tightening in Question

Mon, 8 Feb 2016 23:54

The US dollar gained on the Great Britain pound but retreated versus the euro and the Japanese yen on Monday as traders continue to question the ability of the Federal Reserve to continue its interest rate hike cycle this year. The Fed has raised interest rates in December for the first time in nearly a decade. Some economists were

Canadian Dollar Fails to Hold onto Gains

Canadian Dollar Fails to Hold onto Gains

Mon, 8 Feb 2016 23:12

The Canadian dollar failed to hold onto its earlier gains and dropped by the end of Monday's trading session due to the rout of crude oil prices. Crude oil was demonstrating impressive performance last week thanks to speculations about a potential deal among oil producers to reduce output, thus easing oversupply on the market. The loonie

Euro Heads Higher, Even as Global Stocks Tumble

Euro Heads Higher, Even as Global Stocks Tumble

Mon, 8 Feb 2016 17:26

Euro is heading higher today, even though global stocks are falling and there is some risk aversion entering the markets. Gold prices are on the rise, though, and that seems to be providing a bit of a boost to the 19-nation currency. Euro is getting some help today, thanks in large part to 

Forex Blog

Biggest Forex Scam Pt. X (Christopher B. Cornett)

Mon, 8 Feb 2016 19:48

Unlike other financial markets, the Forex market has very little legal and capital restrictions. Thus, it is a blessing for a beginner who lacks financial strength. However, con artists misuse the FX market for their personal gains. Thus, it is a must to scrutinize the schemes related to the foreign exchange trading. Only

Disfigured Double Top on GBP/CAD Weekly Chart

Sun, 7 Feb 2016 14:51

Not all chart patterns are created to look like an ideal example — some of them look horribly despite meeting the formal requirements of their kind. The latest development on GBP/CAD weekly chart is just such a case. The pattern began forming back in July 2015. The first top was reached in the end of August,

Forex Brokers Update — February 6th, 2016

Sat, 6 Feb 2016 21:27

With nearly a month since the last brokers update post, there is quite a lot of new things to report on. Three new brokers have been listed on during the period: Vipro Markets — a classic Cypriot Forex broker with MT4 platform and $25 minimum account size.

Commodity Blog

Investors Seek Safe Haven, Gold Provides Solution

Mon, 8 Feb 2016 23:32

Gold rallied today, soaring more than 3 percent, and other precious metals joined the parade (with silver surging more than 4 percent) as investors were looking for safe assets amid prevailing risk aversion. Both US and European stocks collapsed on Monday, making traders nervous, and the decline of crude

Crude Oil Falls as Hopes for Supply Cut Deal Fade

Mon, 8 Feb 2016 22:48

West Texas Intermediate crude oil traded near the $30 level today as futures for both WTI and Brent grades dropped more than 2 percent. Prices dived as hopes are waning for an agreement between major oil producers about output cut. As prospects for the deal fade, traders returned their

Technical Analysis, February 8th — February 12th

Sat, 6 Feb 2016 9:57

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of February 6th, 2016:

Crude Oil


Moving AveragesRSIParabolic SARCCI
Short Neutral Short Neutral

Floor pivot points

3rd Sup2nd Sup1st

Forex Video Zone

Understanding Japanese Candlesticks

Mon, 8 Feb 2016 12:32

In this lesson, we are going to talk about the price itself. The Japanese Candlesticks that you see in your trading platform can help you to anticipate what is likely to happen next. The area between the Open and the Close is the real body. When the price is High and Lows below the real body,

Russian Capital Flight

Mon, 8 Feb 2016 11:39

The Russian Ruble lost about half of its value against the U.S. Dollar starting at the beginning of 2014. The precipitous drop in the price of oil and sanctions placed on Russia by the EU and USA, because of their annexation of Crimea caused further damage to the currency. However a French economist blames the weakness of the Ruble on income inequality and capital flight. In the long

Daily Forex News and Analysis — February 8th 2016

Mon, 8 Feb 2016 10:54

The Wall Street finished in the red as Non Farm Employment Change came out less than expected at 151K. The Dow Jones fell by 1.29%, S&P 500 by 1.85% and NASDAQ lost 3.25% from its value. The US Dollar traded high against most major currencies as Unemployment Rate came out better than