Archive for the ‘Forex Education’ Category
Friday, September 7th, 2007
The forex market maybe open 24 hours a day like a Super Wal-Mart, but that doesn’t mean it’s always active the whole day. You can make money when the market moves up, and you can make money when the market moves down. However, when the market doesn’t move at all, ...
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Thursday, July 26th, 2007
Let's take a look at the three most popular types of forex charts:
Line chart
Bar chart
Candlestick chart
Line Charts
A simple line chart draws a line from one closing price to the next closing price. When strung together with a line, we can see the general price movement of a currency pair ...
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Thursday, July 12th, 2007
There are 2 basic types of analysis you can take when approaching the forex:
Fundamental analysis
Technical analysis
There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know a little bit of both. So let’s break each one down ...
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Tuesday, June 26th, 2007
Ask (Offer) - price of the offer, the price you buy for.
Bank Rate - the percentage rate at which central bank of a country lends money to the country's commercial banks.
Bid - price of the demand, the price you sell for.
Broker - the market participating body which ...
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Monday, June 25th, 2007
Opening a new online trading account with a Forex broker can be done in three simple steps:
Selecting an account type
Registration
Activating your account
Before trading a dime of your hard earned money, you may want to think about opening demo account. Actually, open up two or three demos - why not? ...
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Monday, June 25th, 2007
Selecting the online forex broker the right way. Firstly, make sure you have someone reliable and avoid signing up with those hit-and-run online site. Most online forex website offers free and limited online demo. It is good to start exploring before you sign up.
Other factors to be considered when choosing ...
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Friday, May 18th, 2007
Forex trading education naturally falls into two parts. First the easy part, learning technical indicators, how to use a trading platform, the terminology, etc.
Secondly Forex trading education must include information on the mindset of a successful trader and the disciplines that need to be learned in order to handle the ...
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