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

  • Anton from Ukraine writes about EverFX:

    I've already read different opinions about EverFX but I’ve decided to try. So far so good. I haven't found any major problems, any difficulties. Everything is clear and transparent. I got my profit on the debit card account just in a day.

  • Sexy from Russia writes about Forex Optimum:

    I trade on Forex Optimum and have never used indicators. I've decided to use 100% to the deposit bonus. You need to deposit $500 for this. And I could trade with $1,000 after that. This immediately increases the trading opportunities, although the bo...

  • Nathan from France writes about Coinexx:

    I've been trading for more than 10 years & have traded with almost a dozen brokers. But I wish Coinexx was there 10 years back. their platforms are good and the spreads are beautiful. The feed quality is especially evident in news time. No spread wid...

  • Markets Cube Official from Ireland writes about Markets Cube:

    Dear Luis! Thank you for your detailed review. Please write us your account number. We will try to solve your problem as soon as possible.

    Bets regards, Markets Cube team

Forex Blog

Forex Brokers Update — October 21st, 2018

Sun, 21 Oct 2018 18:53

One new company became listed on this week: WCX — an unregulated crypto/FX broker claiming to be from Switzerland. They have a very minimalistic website and offer trading in multiple markets via Bitcoin-based accounts. Maximum leverage for currencies is 1:300. Some other brokers have been updated:...

Weekly Forex Technical Analysis (Oct 22 — Oct 26)

Sat, 20 Oct 2018 9:55


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1236 1.1334 1.1424 1.1523 1.1613 1.1711 1.1801

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1332 1.1420 1.1520 1.1608

EUR/USD Fails to Bounce as Dollar Remains Supported by Fed

Thu, 18 Oct 2018 15:06

EUR/USD attempted to bounce today after yesterday's drop but failed. The greenback remained supported by the hawkish stance of the Federal Reserve. Macroeconomic reports released in the United States on Thursday were decent, providing additional support to the US currency. Philadelphia Fed manufacturing index fell a bit from 22.9 in September to 22.2 in October....

Forex News

US Dollar Ends Week Strong, Commodity Currencies Outperform

US Dollar Ends Week Strong, Commodity Currencies Outperform

Sat, 20 Oct 2018 14:56

The US dollar ended the week relatively strong against most other major currencies thanks to the hawkish minutes of the Federal Reserve. Yet commodity currencies, including the Australian and New Zealand dollars but excluding the Canadian dollar, outperformed the greenback.

Chinese Yuan Jumps Despite Growth at Slowest Pace Since 2009

Chinese Yuan Jumps Despite Growth at Slowest Pace Since 2009

Fri, 19 Oct 2018 16:06

The Chinese yuan is rallying against its American counterpart at the end of the trading week, despite the national economy growing at its slowest pace in about a decade. As the US-China trade war intensifies, there are fears that the economy could cool down even more.

NZD & AUD Firm Despite China's GDP Miss

NZD & AUD Firm Despite China's GDP Miss

Fri, 19 Oct 2018 11:29

The New Zealand dollar, as well as its Australian counterpart, was strong today. The currencies rose against their most-traded rivals even as economic growth in China, the biggest trading partner of both New Zealand and Australia, was slower than expected.

Commodity Blog

Symmetrical Triangle Pattern on H4 Chart of Gold

Sun, 21 Oct 2018 18:38

Yet another pattern has formed on the 4-hour chart of gold. Unlike the previous week's bullish pennant, this week's symmetrical triangle pattern...

Commodities Technical Analysis, October 22nd — October 26th

Sun, 21 Oct 2018 10:16

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 October 21st,...

BTCUSD Remains Bearish as CFTC First Bitcoin Fraud Case Results in $2.5 Million Fine

Sat, 20 Oct 2018 17:50

A  New York federal court has ordered Nicholas Gelfman and his investment firm, Gelfman Blueprint Incorporated (GBI) to pay over...

Forex Video Zone

If You Want to Use Candlestick Charts You Should Know This

Sun, 21 Oct 2018 14:31

In this video, you will learn about when you should use the candlestick pattern in your forex trading. Candlestick charts are the most preferred by the traders because they represent trends more clearly and express market sentiment in a clear manner. Candlestick reversal patterns such bearish and bullish engulfing are extremely popular among forex traders. However, it is wrong to base your trading decisions using...

Candlestick Pattern — Long Legged Doji Candlestick Pattern

Sun, 21 Oct 2018 14:18

This pattern is comprised of a single candlestick. It can be found at both the top of an uptrend and the bottom of a downtrend. It represents indecision in the market, neither the bulls nor the bears are in control. This can be both bullish and bearish reversal pattern. With this pattern, the market closes exactly at where it opened. As you can see from this pattern, initially the market opens, and either the bulls or the bears...

How to Recognize Forex Trends in a Second

Fri, 19 Oct 2018 16:45

In this video, you will look at a forex strategy that makes it easy for beginner forex traders to recognize trends and counter trends quickly. There is an old saying, the trend is your friend. If you can recognize trends on your chart, you can capture good price movements in the market and maximize on profit, thereby maintaining a good risk to reward ratio on your trades. On your MetaTrader platform,...