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 $5.1 trillion. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • Raju Chandra from India writes about AAFX Trading:

    I have accounts with several forex-brokers, including aafx trading. Aafx is mostly used for CFD trading. Despite that we can hardly call this broker large, there is really a big choice of shares to invest. I trade them in middle and long terms like o...

  • MartinTrading from The Netherlands writes about Coinexx:

    All the money in my account has been stolen. I have been trading on the forex market through various brokers for a year and I thought it was great that Coinexx offered the possibility to trade with altcoins. I still had 4000 XRP and 50 LTC in my wall...

  • Giancarlo from Panama writes about FXTM:

    Its a good broker. Fast deposits and withdrawals, and one has the opportunity to copy trade strategies performed by others. I have gained lots of money copy trading their experts. However, their spreads for the Minor Pairs are too high.

  • Kevin De Bur from Netherlands writes about Land-FX:

    Considering the amount of effort (even if ostensibly) they had gone through for ensuring my bank i wasn't dealing with money laundering, the company gets much less credit than it deserves in helping it's clients.

Forex Blog

Forex Brokers Update — April 21st, 2019

Sun, 21 Apr 2019 7:57

The last three weeks have gone without new listings on EarnForex.com, but there were the following updates on the listed brokers: RoboForex no longer offers Autochartist. Removed Fix-Standard and Fix-Affiliate account types. IQ Option now accepts UnionPay, Perfect Money, and WeChat as payment options. Lowered the minimum account...

Weekly Forex Technical Analysis (Apr 22 — Apr 26, 2019)

Sat, 20 Apr 2019 9:49

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1104 1.1165 1.1202 1.1263 1.1300 1.1360 1.1397

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1159 1.1190 1.1257 1.1288
...

EUR/USD Sinks After European PMIs

Thu, 18 Apr 2019 15:03

EUR/USD sank today following the releases of European Purchasing Managers' Indices by Markit. While they were not completely negative, showing a mix of good and bad results, the currency pair did not respond well to the reports. US PMIs, on the other hand, were unquestionably disappointing, but that did not help...

Forex News

After the Strong Appreciation on AUD/NZD

After the Strong Appreciation on AUD/NZD

Fri, 19 Apr 2019 5:56

The Australian dollar versus the New Zealand dollar etched the new high of 2019, and this makes possible even more positive expectations.

Loonie Shows Mixed Performance Despite Strong Retail Sales

Loonie Shows Mixed Performance Despite Strong Retail Sales

Thu, 18 Apr 2019 21:21

The Canadian dollar showed mixed performance today despite favorable retail sales data. The explanation for this could be strength of its rivals as well as the decline of crude oil prices.

Australian Dollar Mixed Despite Stellar Employment Data

Australian Dollar Mixed Despite Stellar Employment Data

Thu, 18 Apr 2019 18:39

The Australian dollar was mixed today despite extremely positive employment data. Other macroeconomic reports released in Australia during the Thursday's trading session were less stellar.

Commodity Blog

Commodities Technical Analysis, April 22nd — April 26th

Sun, 21 Apr 2019 10:17

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of April 21st,...

Video: Charts of Gold as of April 17, 2019

Thu, 18 Apr 2019 22:01

In the present video, Peter Martin from Trading 212 discusses gold. The video starts with explanation of what factors were affecting bullion lately. It...

Video: Charts of Crude Oil as of April 18, 2019

Thu, 18 Apr 2019 21:37

In the present video, Peter Martin from Trading 212 discusses crude oil. The video starts with explanation of what factors were affecting crude lately....

Forex Video Zone

Gap Trading Strategy — How to Trade Gaps

Gap Trading Strategy — How to Trade Gaps

Sun, 21 Apr 2019 10:00

In this video, you will learn about gap trading strategy. This is a trading strategy ignored by many traders. Gaps happen more frequently in stock markets compared to the forex market. For example, look at this chart. The market is in a downtrend., as indicated by the moving average indicator. At some point, there is more supply than demand. It means more sellers and few buyers. Then the market drops...

Use the Andrews Pitchfork to Extract Order Out of Chaos

Use the Andrews Pitchfork to Extract Order Out of Chaos

Sun, 21 Apr 2019 9:54

In this video, you will learn how to extract useful information from the highs and lows produced by market chaos. In chaos theory, a chaotic motion should not be considered random, but just a higher degree of order. For example, look at this chart. The market looks chaotic. The highs and lows are marked by numbers. You can use these highs and lows to predict future price action. Applying the pitchfork ...

USD/JPY and AUD/USD Forecast — April 19th 2019

USD/JPY and AUD/USD Forecast — April 19th 2019

Fri, 19 Apr 2019 14:12

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the April 19th session. USD/JPY — The market is facing strong resistance at 112.00 and rolled over on Thursday session. It looks like the market is attempting to form an ascending triangle pattern. A break to the upside is bullish. Pullbacks are seen as buying opportunities., as both the moving averages below look supportive. AUD/USD — The pair pulled...