The Key to Forex Trading Success

Forex traders that wish to succeed in these treacherous markets must have a trading plan and discipline. The trading plan should include a set of rules that the trader follows, such as when to enter or exit a trade, and when to place a stop loss order. I can confess from my trading experience that most of my losses in the forex market were not due to a faulty strategy, but lack of discipline. I...

The Best Forex Robots Minimise Your Work and Increase Your Earnings

The Foreign exchange market or the Forex market is filled with traders from all over the world. If you want to enter the world of Forex then you need to be prepared to face the heat. For a newcomer it becomes really hard to make huge profits unless he/she gets help from automated trading software. The best Forex robots ensure that the amateur trader gets a fighting chance in the cutthroat market....

Back to Basics on Forex

Forex or foreign exchange market is the largest market worldwide where currency is converted to another. It is a market without physical location and is being monitored, on a 24-hour basis, by individuals or entities--like investors--that are concerned with monetary investment. Forex is also where people from different countries consult the value of their currency to US dollars or Euro compared...

Fundamental Analysis Essentials

The forex trading business sees forex traders breaking down the currency markets via a multitude of ways and methods. These methods generally fall within one of three categories. Fundamental analysis, technical analysis and a combination of both principles. Whilst all 3 methods maintain their good points, a forex trader that has a great understanding about both technical in addition to fundamental...

The Key Success in the Forex Market

Greater trading hours and liquidity attracts a lot of new traders to the forex market every day. The figures report that most new traders fall flat on their faces and lives much all their initial investment and the reason is typically either lack of a trading plan or inability to react quickly and effectively enough to get out in time. This market is ideally suited for day traders because of the...