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Forex Trading: Most Popular Articles

These articles are the most popular over the last month.
What is Forex Trading?
Forex Trading is the act of trading currencies from different countries against each other. Forex is acronym of Foreign Exchange.
Best Trading Time
All trading times are not equal in the Forex market. Learn which hours are best to trade and which are best to avoid.
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?
Margin Trading
Margin trading is just another tool. 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.
Risk Management
Risk management can make the difference between your survival or sudden death with forex trading. You can have the best trading system in the world and still fail without proper risk management. Risk management is a combination of multiple ideas to control your trading risk.
Supply and Demand
Fundamental and technical factors are often the focus of traders when forecasting the price movement of a currency. The basic principle of supply and demand is often overlooked. In this section, we will examine the basic microeconomic principle of supply and demand and analyze how it affects currency prices.
Benefits of Forex Trading
There are five things give trading the forex market some unique advantages.
Popular Forex Scams
Forex scams seem to be everywhere on the internet. They can take many different forms. Here is a basic list of some of the most prominent ones.
Technical Analysis
Technical analysis has long been used in traditional markets like the stock market. Technical analysis methods rely on price history in order to predict the future. There are numerous methods used in the predicting, but the bottom line is that they always rely on price movements of the past. Technical analysis takes a few different forms and many methods of use.
Top Three Broker Services
Forex traders are offered a wide array of services by brokers competing for the lucrative commissions. Not all these services are needed. Learn the three most important services needed by Forex traders and the caveats to accepting these supplementary services.
Forex Mistakes
It is easy to make mistakes while trading the forex market. This is a list of mistakes that forex traders make most often
Get Started with Forex
Step by step instructions to get started with forex trading
The Risk Reward Ratio
One of the most effective risk management tools is the Risk-Reward Ratio. Yet many beginnning traders don't use it or understand it. Learn the basics about this important money-saving tool and why experienced traders swear by it.
Advanced Forex Trading
Forex trading can be as simple or as complicated as you want it to be. In the beginning forex trading seems like it is simple. It seems like your only job as a trader is to pick what direction a currency pair is going to go and collect your profit. If only it were that simple all the time.
The Basics of Carry Trading
Carry trading is one of the most simple strategies for currency trading that exists. A carry trade is when you buy a high interest currency against a low interest currency. For each day that you hold that trade, your broker will pay you the interest difference between the two currencies, as long as you are trading in the interest positive direction.
Forex Robots
Forex Robots, what are they and how are they used?
What is a forex spread?
What is a forex spread?
Intro to 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.
Best Times
The USD is the most traded currency in the world. But experienced traders know the best times to trade the Greenback to achieve the highest profits. Find out when the pros are trading this important currency.
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 Trading Hours
The best times for trading the forex markets.
Pip
The definition of pip is percentage in point
Forex Trading Tutorial
Oanda Trading Tutorial - Step 5 - Set Stop Loss and Take Profit Levels
Intro to Forex Hedging
What is forex hedging?
What is a Trading Platform
A trading platform is the software typically provided by your broker used to make trades through their system and for managing your account.
Forecasting Models
Traders adopt different approaches and systems to predict the price movement of currencies. Learn about the different types of fundamental trading models and how to determine if one is right for you. Trading models can be complex, but this article explains them for the beginning trader.
forex market open
Forex market hours
Why do ForexTraders Lose Money
Reasons why forex traders lose money
Intellichart Review
FXTrek's Intellichart system reviewed.
Forex Charts
The Basics of Forex Charts
Three Indicators
Technical analysis is an important part of trading Forex. Charts and indicators provide wealth of information on the price forecast of a currency. The three most commonly used technical indicators are presented in this article.
Choosing a Lot Size
Understanding forex trading lots
Choosing a Forex Broker
Choosing a forex broker can be daunting task. They all seem to sound good when you read their sales pages, but how do you know which ones are worth your money?
Japanese Candlesticks
The closing price sets the stage for the next period's trading.
Demo Accounts
Demo accounts are a great tool for learning forex trading. They allow you to learn to trade without putting your money on the line. This can be a big advantage if you are a true beginner
Using Line Charts
Change the setting to line chart
LMT Forex Review
A review of the L.M.T. forex formula
The Amero Conspiracy
Does the Amero really exist?
Chart Pricing Options
What are chart pricing options and why do they make a difference?
Dealing with Volatility
The currency markets are generally considered to be volatile in nature. The volatility is usually magnified by the use of leverage by the participating traders. There are certain things that traders have to do to survive volatile markets. This is a short guide to surviving a volatile currency trading environment.
Brokers Leverage
Why forex brokers offer forex traders so much leverage?
2009 Currency Predictions
2008 was a wild year for the markets. It left many traders scratching their heads. I took some time and sat down with Miss Bonnie, who is an Astrologer and Clairvoyant Medium. She had a few things to say about what is in store for 2009.
Oanda Review
Oanda provides good customer service, excellent reliability, and a reasonably good platform to trade with. They even provide a newsfeed service for free with your account. This is an excellent broker, particularly if you are just getting started.
What is MetaTrader?
What is MetaTrader?
Support and Resistance
The concept of support and resistance is simple. Support can be thought of as a floor for the price while resistance can be thought of as the ceiling for the price. When the price breaks through a resistance, that level becomes the new support level. The reverse is true when the price breaks through a support level.
TABenefits
Many traders use technical analysis and charts to predict price movements. Others find charts confusing and useless. Find out the five best uses for technical analysis.
Types of Brokers
Different brokers offer different services. But there are also different types of brokers who offer different levels of service. Some have direct access to the Forex market while others are merely book makers. Learn the different types of brokers to determine which is best for you.
The Trading Environment
This section explains what is meant by the trading environment. Is the currency pair trending or is it range-bound? How can the trader assess the trading environment? Why is it important? Charts and certain technical indicators can help the trader assess the environment. Knowing the trading environment can help to prevent frustration, surprises, and losses.
LMT Forex Trading Results
The trading results for one month of using the LMT forex formula.
Interest Rate Differentials
How to trade interest rate differentials
Buy Rumors Sell the News
Buy the rumor, sell the news is something that happens in most markets, particularly financial. Sometimes traders trade based on what they believe will happen in a given economic report, or event. Once the event passes or the report is released, they dump their positions and the market moves.
What is scalping?
What is scalping and why do you do it?
Essential Broker Services
To trade currencies, you will need a broker. There are many brokers out there to help you in the Forex market. Learn how to find the right broker and avoid scam artists.
Trader Stress
Many traders experience anxiety from trading Forex. Trading does not need to be a life filled with stress and tension. Learn techniques to control trader stress.
Economic Indicators
Economic indicators are pieces of data from important economic reports. Most of economic indicators are published by government agencies or select private groups. When taking multiple economic indicators into account for a country, traders can get a well rounded sense of a country's financial health.
Fundamental Analysis
Fundamental analysis is basing the valuation of an asset on important economic reports. In forex trading, we refer to these reports as economic indicators.
BJF Neural Scapler Review
A product review of the Neural Scalping Multicurrency EA by BJF Trading Company.
Types of Trading Systems
Choosing a trading system is an extremely important task. Yet some traders will take this decision lightly or decide not to use a trading system. These are mistakes that beginning traders tend to make. Read about the two types of trading systems and how they can improve your trades.
Intermarket Analysis
Intermarket analysis is a multi-market examination of the four basic financial markets. This unique style of analysis views the markets from a holistic perspective. Learn this innovative approach to the markets and how it can help forecast currency price movements.
AUD
What does AUD stand for?
Find a Broker
Many new traders are confused and frustrated in their search for a good broker. Most don't know where to begin. Using this method will save the trader a lot of time, energy, and money in making this important decision.
Oanda Trailing Stops
How to use Oanda's trailing stop feature
Bretton Woods
What is the Bretton Woods System?
What is a Pip?
What does the acronym P.I.P. stand for?
Interbank
The Interbank is a network of one or more banks. The term is loosely used to describe a trading network for currency transactions that is made up of banks and large trading institutions.
What is Drawdown?
What does the term drawdown mean?
Anatomy of a Forex Quote
The anatomy of a forex quote.
Finding a Forex Strategy
Finding a forex strategy is not a simple task. It will depend on many different factors that have to be tailored to the individual trader.
Controlling Stress
Many traders live with a high degree of stress. Yet they feel this stress is unavoidable and makes them better traders. These beliefs are not true. Traders can keep stress under control and lead healthy happy lives as a trader. Read the three ways to achieve a stress-controlled life as a trader.
Risk Reward Ratio
What is risk reward ratio?
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 holidays.
Traders Accounting Interview
An interview with Traders Accounting Inc on Forex and Taxes
FXCM Review
FXCM is a reliable broker. The hedging feature allows great flexibility for scalpers in particular. The spreads are ok, not the greatest for all currency pairs, but reasonably tight spreads most of the time on the majors. Customer service seems dependable in most cases and the platform is very stable.
Intro to Trading Psychology
Trading psychology is the perception change that you go through once you are actively in the markets trading your own money. When trading on a demo account, it seems like it would be easy to make money and there seems to be no reason why you would not be able to start making money with a live account. Then, you make that first live trade and you start to feel indecisive about when to take profit, or cut your losses. You have just discovered the effects of trading psychology.
Trading Systems
Successful traders use a trading system. Learn why trading systems are so important, the different types of trading systems, and the myths about trading systems. This section also discusses the two most important requirements of a trading system.
Candlesticks Basics
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.
Losing Trades
Every trader will experience a losing trade. Yet many traders are not prepared for this inevitable event. Learn how to control the stress of losses and move on to the next trade.
What is Currency Trading?
What is Currency Trading?
Know your Risk
Risk is a part of every trade. Many people avoiding trading because they are afraid of risk. But risk can be managed. In fact, it should be managed! Learn how to assess your level of risk on every trade and methods of controlling risk.
What is market noise?
What does the term market noise mean?
Using Extreme Leverage
While looking for a broker you will discover that there are brokers out there that offer extreme leverage. Some brokers will even offer you 400:1 leverage. This would allow you to open an account with $300, and use that same amount to control up to 120k worth of trades.
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.
Margin
Margin is the amount of money required in your account to keep your trades on the market. If you are trading at 50:1 leverage and you have an open trade for 10,000 USD, the margin required in your account to support that trade is around $200 USD. You can figure out this number by dividing your trade size by your leverage amount. So 10,000/50 = 200
Forex Risks
The Forex market presents unique risks to the trader. In this FAQ, read the potential risks to trading Forex and link to other articles that discuss how to minimize these risks.
Liquidity
Liquidity is the ability to quickly convert an asset into cash without a big effect on the price.
Standard Lot
The definition of a standard lot for forex trading.
Go Long
What does the term "go long" mean?
Advanced Orders
Transcending the basic entry orders, these advanced orders can be used by beginning traders to assert more control over their trades and limit their risk.
Death by Leverage
The banking crisis in the US was caused by banks not buying based on solid fundamentals and using insane leverage to buy securities. As a forex trader, no matter which system you are using to trade it’s important that you understand the fundamentals of the currencies you are trading. Even if you are a technical trader, you still need to know what you are buying and selling.
Is forex trading risky?
How risky is forex trading?
Basic Tools
You don't need many things to trade Forex. But there are a few basics that are important. They are listed in this article.
Trading Anxiety
Trading anxiety can be a problem for traders that have suffered from serious losses. Anxiety can cause a loss of confidence, fear of mistakes, and take away your ability to be objective
Technical Analysis Fails
There are many benefits to using technical analysis in Forex trading. However, the technical approach has definite limitations. Learn five ways that technical analysis fails.
Traders and Investors
Traders and investors are different. Yet people use the terms interchangeably. Read the different characteristics of traders and investors. Which are you?
What is Carry Trading?
What is the carry trading method?
Safe Margin
Many traders are afraid of using the margin. Others are excited about the extra funds available for trading and potentially high profits. Neither approach is sound and either limits the person's ability to trade or makes trading too risky. Find out how to use the margin responsibly to increase profits while keeping risk under control.
Bad Brokers
Most brokers are legitimate companies that help provide access to the Forex market. However, there are companies that appear legitimate, but actually engage in fraudulent activity. Read the warning signs of a fraudulent broker issued by the Commodity Futures Trading Commission.
What is a Margin Call?
What is an account margin call?
Introduction to Moving Average
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.
Forex Trading Commandments
10 forex trading rules to live by.
Become a Trader
Many people are unclear about the different approaches taken by traders and investors. Often, the approaches get mixed, which leads to frustration and losses. Learn a quick seven-step system to turn an investor into a trader.
Demo Account Risk Management
Forex brokers provide a nice large balance on a demo account by default. They know that this will encourage the notion of easy money and encourage beginning traders to bet big. This can result in the trader opening a live account and having the same notion that beating the market is easy with big bets.
Micro Lot
What is a forex micro lot?
starting capital
What kind of start up capital do I need?
Market Maker
A Market Maker is a company that offers buy and sell prices and takes the other side of the customers trade.
What is a Mini Lot
What does the term mini lot mean?
What does it mean to go short?
What does the term "go short" mean?
Support
What does the forex term support mean?
PLN
What does PLN stand for?
Variable Spread
What is a variable spread?
What is Backtesting?
What is backtesting and why should you do it?
Orders
One of the basic tools used by traders are the orders to place a trade. Yet many traders are not familiar with the different types of orders available to them or the benefits and limitations of each type. Learn about the different types of orders and decide which type is best for you.
What is Risk Aversion
The meaning of the term risk aversion.
Margin Help
Why you don't need good credit to trade on margin.
Stop Loss Basics
Stop losses, what are they, and how do you use them?
CAD
What does CAD stand for?
Is Leverage Good or Bad?
Many traders don't fully understand the proper use of leverage. Misconceptions abound over whether a trader should use leverage. Some traders swear by it. Others avoid it like the plague. Learn how to use leverage effectively, profitably, and safely.
When is the asian session
Asian forex trading session hours
What is a stop loss?
A description of stop loss orders
Moving Average
What is a moving average and how is it used?
Market Sentiment
Understanding market sentiment.
Compare Forex
The Forex market is one of four financial markets. Read how they compare to the currencies market.
TWD
What does TWD stand for?
MXN
What does MXN stand for?
Technical Indicators
A technical indicator is a graphical representation of price action. Technical Indicators can appear at the bottom of the chart or on top of the price.
Forex Trading - StepBySteps
An index of StepBySteps for the Forex Trading guide site.
What is a take profit order?
A description of take profit orders
When is the US trading session
US forex trading session hours
Overbought
Overbought is when a currency pair is considered to have had too much buying take place in a short period of time.
Oversold
Oversold is when a currency pair is considered to have been pushing in the short direction in a short period of time.
Spread
What Does the Term Forex Spread Mean?
What is an Expert Advisor?
What is an Expert Advisor
GBP
What does GBP stand for?
Surviving a wild forex market
Emotions can run very high during volatile trading. There are a few simple things you can keep in mind that will help you succeed and stay in the game when the markets are wild.
USD
What does USD stand for?
DKK
What does DKK stand for?
BOE
What does BOE stand for?
CHF
What does CHF stand for?
Leverage
Leverage is using something small to control something large.
Bailout Nation
A book review of the Barry Ritholtz book Bailout Nation.
Forex Broker Necessities
Looking for a forex broker can be time consuming and confusing. Here is a list of 5 things to look for when trying to choose a forex broker.
ZAR
What does ZAR stand for?
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