Forex Market: News Trading, Part One
The methodology for predicting and trading these trends is simple and straightforward: monitor the economic calendar and trade the news.
The Most Important Forex Expert You Will Never Meet: Who is He?
Perhaps his influence is most felt today on the Foreign Exchange Market, where many traders use a methodology based on his ratios to determine when to enter and exit a trade.
Forex Fallacies: The Top Ten List
When it comes to trading Forex, most short-term traders are also short-time traders. They lack the stomach and the capital to stay in the game. For the patient, committed, informed investor, Forex is a promising and lucrative Market. Most “wanna-be” traders do not fit the above description, however, and ultimately lose out.
Will the Foreign Exchange Market Be Great in 2008?
Predictable indicators seem to point toward a good year for informed currency traders. The Foreign Exchange Market will remain an exciting – and promising – arena for the serious investor.
Volatile and uncertain: these seem to be the sentiments governing the Markets at the beginning of 2008. Concerns about recession in the United States, fueled by the embattled subprime industry, rising fuel costs, cautious consumers, and a litany of other financial worries. The Fed has responded with unprecedented swiftness and purpose, slicing its rate by 125 base points in a matter of days. The current administration, along with Congress, promises rebates to American taxpayers to stimulate the economy.
The Forex Market: Looking Back to Achieve Gains
The verdict is in. Despite the fluctuation in world markets, 2007 witnessed robust growth in Forex trading. The results of the triennial survey of Foreign Exchange and Derivatives Market Activity, conducted by the Bank for International Settlements, paint an interesting picture of a remarkable year: “The 2007 survey shows an unprecedented rise in activity in…