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

  • Makmun Herri Rojiqien Martadireja from Indonesia writes about ForexMart:

    I really feel the experience of Different Trading in ForexMart , Closing Fast Execution and Monitoring Trading is very easy to see cabinet simple personal account . I garansikan you for Trading together in ForexMart

  • Tenco from Spain writes about Bolmax Management:

    Honestly so-so broker, execution speed is not impressive and breakevens suspiciously often go with gap. So I think their conditions maybe not horrible but also not competitive as for todays market.

  • Daniël from North Holland writes about Fort Financial Services:

    Hello! I would like to say first that the Fort Financial Systems is a new broker for me. I opened my account only about a week ago just because I want to test out their services. I was pleasantly surprised with their trading conditions, I didn't real...

  • 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 ...

Forex News

Japanese Yen Trades Mixed as Officials Try to Talk it Down

Japanese Yen Trades Mixed as Officials Try to Talk it Down

Fri, 12 Feb 2016 15:54

Japanese yen is trading mixed today, but officials still see the relative strength of the currency as a problem to tackle. Continued strength from the yen sent Japanese stocks plunging today, and there are concerns that the economic recovery will be slowed by the latest developments. Yen is trading mixed today after

Economic Data, Profit Taking Help US Dollar

Economic Data, Profit Taking Help US Dollar

Fri, 12 Feb 2016 14:44

US dollar is mostly higher today, thanks in large part to economic and to some profit taking. However, dollar gains might be limited, as the expectation of another rate hike from the Federal Reserve fades. One of the reasons the US dollar has been performing well recently is due to the fact that there

Great Britain Pound Demonstrates Small Gains During Friday's Trading

Great Britain Pound Demonstrates Small Gains During Friday's Trading

Fri, 12 Feb 2016 12:05

The Great Britain pound gained against its major rivals during the current trading session, but gains were limited as traders remained worried about issues with global economy. This made them seek safer currencies. The sterling has some appeal as a haven from troubles in the continental Europe, but that

Forex Blog

EUR/USD Goes Higher amid Risk Aversion

Thu, 11 Feb 2016 16:39

EUR/USD advanced today as concerns about global economic slowdown deepened. The worries led to speculations that the Federal Reserve would hike interest rates with slower pace or even forgo monetary tightening altogether. Yesterday's comments from Fed Chairperson Janet Yellen reinforced such view, being fairly dovish,

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,

Commodity Blog

Gold Declines After Massive Rally, Other Precious Metals Follow

Fri, 12 Feb 2016 1:43

Gold fell today and other precious metals followed as traders decided to take profit from their long positions after the massive rally on Thursday. The losses were relatively small and looked like just a minor correction. Bullion has rallied yesterday due to cautious comments of Janet Yellen, Chairwoman of the 

Crude Oil Mixed at Start of Friday's Trading, Natural Gas Down

Fri, 12 Feb 2016 0:53

Crude oil futures were mixed at the start of Friday's trading with West Texas Intermediate oil bouncing after Thursday's plunge and the Brent grade retaining losses. On one hand, the unexpected build-up of Cushing oil inventories added to concerns about oversupply on the market. On the other, prices were supported by speculations

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

Forex Video Zone

Candlestick Pattern — Hanging Man

Fri, 12 Feb 2016 10:35

This is a pattern which occurs at the top of a trend or at the end of an uptrend. The name comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. The market is

EUR/USD and GBP/USD Forecast — February 12th 2016

Fri, 12 Feb 2016 9:43

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the February 12th session. EUR/USD — We initially rallied during the course of the day and then turned back around near the 1.14 level. And we ended up forming a shooting star candlestick in the daily chart. But it is preceded by a hammer

WTI Crude Oil and Natural Gas Forecast — February 12th 2016

Fri, 12 Feb 2016 8:13

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the February 12th session. WTI Crude Oil — It looks like we fell a little bit during the course of the session but turned back right around $26 level on Thursday. The problem of course is, this is one