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 (as of April 2016). 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 start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Dragisa Vasiljevic from Serbia writes about SuperForex:

    Hi.

    Till now I was surprised with SuperForex customer policy but bellow I will explain why I don't trust them anymore.

    First, Yesterday (May, 17.2018) they changed a minimum lot size from 0.01 Lot to 0.50 Lots for Micro accounts. It was done wi...

  • Anrew Tchvertkin from Italy writes about Trade Fintech:

    My experience so far has been good. Earlier before I started joining, I contacted the company to ask for bonus on deposits and they approved it. I had a problem when downloading my MT4 but support responded and helped. No slippage at the moment.

  • Alpari from Alpari writes about Alpari:

    Hello, Sandeep! Please be informed that we cannot influence to the charts. Charts show the prices which are provided by our liquidity providers and all the quotes you can check in your myAlpari account in the ticks history. Specify please your myAlpa...

  • Enver Malots from United Kingdom writes about Trade Fintech:

    I traded with Tradefintech and had good trading experience with this broker. I think that they are more likely reliable than others.

Forex Blog

Forex Brokers Update — May 20th, 2018

Sun, 20 May 2018 14:57

Another week has passed without new brokers being added to our website. The list of updates to the existing companies is quite short: eToro added new cryptocurrency pairs for trading: BCH/USD, XLM/USD, NEO/USD, and EOS/USD. AMarkets has been marked as registered by the FSA of St. Vincent and the Grenadines. It is also...

Weekly Forex Technical Analysis (May 21 — May 25)

Sat, 19 May 2018 9:52

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1435 1.1593 1.1682 1.1839 1.1928 1.2085 1.2174

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1575 1.1647 1.1822 1.1894
...

New Position Size Calculator: SL and TP Which Follow Entry Line and Are Set in Pips

Fri, 18 May 2018 19:12

The newest version (2.14) the Position Size Calculator indicator, which is released today, introduces a new way to set stop-loss and take-profit for your potential trade setups. You can set the new input parameters UseFixedSLDistance and UseFixedTPDistance to true to turn this new mode on:...

Forex News

NZ Dollar Bounces After Decline Caused by Retail Sales Data

NZ Dollar Bounces After Decline Caused by Retail Sales Data

Mon, 21 May 2018 12:52

The New Zealand dollar went down intraday during the current trading session due to disappointing retail sales data. But the currency managed to bounce later thanks to risk appetite on the market.

Aussie Ignores Interest Rate Forecast As Threat of Trade Wars Wanes

Aussie Ignores Interest Rate Forecast As Threat of Trade Wars Wanes

Mon, 21 May 2018 12:38

National Australia Bank pushed its forecast of an interest rate hike from 2018 to mid-2019. Yet that did not prevent a rally of the Australian dollar, caused by signs of waning trade tensions between the United States and China.

USD Ends Week Second Strongest, Analysts Unconvinced by Rally

USD Ends Week Second Strongest, Analysts Unconvinced by Rally

Sat, 19 May 2018 13:50

The US dollar ended the week as the second strongest currency on the Forex market, losing only to the Swiss franc. Yet some market analysts said that the rally was unconvincing due to a range of political factors that were weighing on the greenback.

Commodity Blog

Commodities Technical Analysis, May 21st — May 25th

Sun, 20 May 2018 13:06

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 May 20th,...

Gold Steadies Amid Stalled US-China Trade Talks, Higher Treasury Yields

Fri, 18 May 2018 15:51

Gold futures are steadying at the end of the trading week, but the precious metal is poised for its second straight weekly loss after a month of consecutive...

Wheat Rallies on Weather Concerns, Corn & Soybean Drop

Thu, 17 May 2018 19:14

Futures for wheat rallied today amid concerns about impact that weather may have on winter crop. Prices for corn and soybean declined. Market participants...

Forex Video Zone

Bitcoin Forecast — May 22nd 2018

Tue, 22 May 2018 8:35

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the May 22nd session. Bitcoin/USD — As you can see that we have fallen again, which to me kind of leads me to believe that we will probably drift down to 8,000 to find support. The 9,000 level is suddenly becoming much more resistive on short-term charts as well. So, I think it is going to take some...

Drawing Trendlines — Technical Analysis Series

Tue, 22 May 2018 7:26

It is one of the most basic technical analysis tools, one of the most powerful ones. So, what are trendlines? They are literally trendlines joining highs and lows to identify the

  1. The trend.
  2. Support and resistance.
  3. Patterns, channels, etc.
What makes a good one? Some criteria:
  1. 3 touches along the trendline constitute a valid trendline, 2 touches constitute a tentative one.
  2. Ideally, these touches should
...

W.D.Gann Series — Squaring Price with Time

Tue, 22 May 2018 6:35

This video presentation talks about squaring price with time. This is one of the most important and valuable discoveries ever made, and if you stick strictly to the rule and always watch an option when price is squared by time or when time and price come, you will be able to forecast the important changes in trend with great accuracy. So, what is time? W.D. Gann had certain scales...