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Forex Basics - The Basics of Forex Trading

If you are a beginner in forex trading, this is the place to start. The following articles will help you gain an understanding of the forex market and how it works.
Introduction to The Majors
An introduction to major forex trading pairs.
What is Forex Trading?
What is forex trading and how does it work?
The Benefits of Forex Trading
There are five things give trading the forex market some unique advantages.
How to Read a Forex Quote
Reading a forex quote is the most basic skill required for forex trading. Learn how to read a forex quote in a glance.
Forex Orders
In forex trading, there are several different types of orders that you can use to make and control your trades. There are orders that control both how you enter and how you exit the market.
Forex Charts
Learning how to read a forex chart is considered to be somewhat of a science. They can look complicated at first glance. Forex charts can look drastically different depending on what options you want to use. Charts usually have settings for the display style of the price and the time frame that you want to view. Time frames can be anywhere from 1 second to 10 years, depending on the charting system. Price can usually be displayed as a candlestick, a line, or bar.
Chart Timeframes
Charting systems can offer timeframes ranging from tick by tick to monthly bars. Monitoring multiple timeframes can give you a greater perspective on the personality of a currency pair.
Chart Pricing Options
What are chart pricing options and why do they make a difference?
Introduction to Moving Averages
Moving averages are one of the most commonly used technical indicators in forex trading. The moving average helps traders to track the overall pricing trend of a currency.
Stop Loss Basics
Stop losses, what are they, and how do you use them?
Using Line Charts
What is a line chart and how is it used?
Trading on Margin
Trading on margin can lead to your great fame, or a quick demise. You can use it to make impressive gains and simultaneously risk excessive loss. Trading on margin effectively is best done with a reasonable amount of experience and a strict risk management policy.
Best Times to Trade
Forex trading is a 24 hour market. You can trade pretty much anytime that you want to. The question is, what are the best times to trade?
Japanese Candlesticks
Japanese candlesticks originate from the Japanese rice trading markets in the 1700’s. They were used to track rice futures on the world’s first futures exchange.
Holiday Trading
For beginning forex traders in particular, holiday trading is very tempting. It can be difficult to pull yourself away from the excitement on the market and take a break from the action. Let’s examine some of the reasons to avoid trading on holiday
What is Currency Trading?
What is currency trading and how does it work?
The anatomy of a forex quote
The anatomy of a forex quote.
Explore Forex Trading
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