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Will the bitcoin take over the world?

Will the bitcoin take over the world?

It could be the answer to all our prayers; a currency that cannot be counterfeited, is not controlled by a big corporation or government and can be used anywhere in the world. More than 100,000 people worldwide are using Bitcoin, the world’s first digital currency. Fans of the scheme are likening it to the Industrial […]

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Succeeding in trading on the Forex Market

Succeeding in trading on the Forex Market

As with any major market, foreign exchange or Forex trading is represented by a mix of winners and losers. In order to make sure you are the one of the former, there are a few tips to follow for success. Be an Individual. The temptation is often there to observe how other, successful traders operate […]

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Honing in on Your Forex Skills

Honing in on Your Forex Skills

If you have decided that foreign exchange (forex) trading is for you, then presumably you have already done the basics, in setting up a demo trading account and making ‘dummy’ deals. You may even have made some real deals. However, there is a considerable gap between being a ‘newbie’ and establishing a regular income from […]

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The Psychology of Forex Trading

The Psychology of Forex Trading

It seems to be a paradox of the currency markets that they are directed and dictated largely by emotional forces (confidence being one), but for a forex trader to be successful, they must separate themselves from their own emotions and make their deals in an entirely rational, unemotional manner. In other words, Forex traders must […]

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Balancing Foreign Exchange Trading

Balancing Foreign Exchange Trading

Whether you are foreign exchange trading or saving money in an account, you will have an account balance. In forex you have a concept called trading on margin, which takes a balance of your account funds to open a position. There are two things in the foreign exchange market that go hand in hand: margin […]

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Open Foreign Exchange Micro Trading Account

Open Foreign Exchange Micro Trading Account

If you are beginner and want to start trading in the foreign exchange market, it is best to opt for a micro trading account so that you are able to minimise the risks and safeguard your investments. You do not need a lot of money to open a micro account and this is an ideal […]

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Forex News on Interest Rates Is Important

Forex News on Interest Rates Is Important

There are countless fundamental indicators that you can focus on if you are a fundamental trader. This means that you have to go through numerous forex news items to get even a sense of how the market is behaving. Furthermore, if you take into account the analysis of each news item on the basis of […]

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Technical Analysis on the Foreign Exchange

Technical Analysis on the Foreign Exchange

This article looks at the use of technical analysis on the foreign exchange. Understanding the workings of technical analysis is something that all traders on the foreign exchange should do.  If you do not understand this analysis method you are not going to be able to determine whether or not this is the right analysis […]

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The Reading of a Foreign Exchange Quote

The Reading of a Foreign Exchange Quote

This article looks at the reading of foreign exchange quotes. The manner in which foreign exchange currencies are quoted often causes confusion with newcomers to the market.  You have to understand the basics of forex trading before you commence trading. Reading a Foreign Exchange Quote A currency that is being quoted is done in relation […]

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Why Is Demo Forex Trading Account Popular?

Why Is Demo Forex Trading Account Popular?

The demo forex trading account is a popular choice among both beginners and experienced traders as it helps them get familiar with the trading concepts and terminologies of the foreign exchange market. As a trader, you need to remember that achieving success in the forex market is not easy and if you are not careful, […]

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