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Find Out All About Forex Trading
Of special note in this week’s trading is the dramatic climb of the Australian dollar against the U.S. dollar, with a 350-pip surge this week due to speculations on a possible RBA rate hike in November and still rising gold and copper prices. This is the strongest position for the AUD in 23 years, as [...]
There are five components to a forex trade: the currency pair; the number of lots to be traded; the trade direction of long or short; the order type, either market or entry; and the money management consideration of the stop-loss.
In the forex market, currency pairs set by the IMF are traded one against another. The [...]
The trading week has been rife with concerns. Phrases like retreating stocks, declining carry trades, and global credit crunch filled analysts’ reports, as risk aversion based on the weakening U.S. dollar led investors out of speculative markets and into safer financial harbors, such as Treasury notes. Stocks slid in both the Asian and United States [...]
History of Forex Trading.
Most major currencies were backed by gold during the nineteenth century, which encouraged economic stability and international trade among the various nations. Although this gold exchange standard prevented rulers from debasing their currencies to trigger inflation, it did promote cycles of boom and bust through imports and exports until World War I [...]
An experienced forex trader, after taking the Guided Tour of Easy-Forex™, pronounced it “the easiest trading platform to learn of all that I’ve seen.”With the Easy-Forex™ software, it is possible to begin trading within minutes of first seeing the website. This is a big advantage, as historically online trading platforms have been complex and required [...]
Knowledge is the most important weapon for attacking the forex market. With your free registration, Easy-Forex™ offers hands-on, real-time training with real money, so you get the real feel of the market from the beginning.
You can learn how to use the software platform by taking the Guided Tour. Just click on the icon on the [...]
Forex is an acronym for the foreign exchange market, where currencies are bought and sold. Profits are made when one currency strengthens against the other. Because Forex trading is leveraged in ratios between 10:1 and 100:1, depending upon the broker, even an incremental change in the exchange rate can create a substantial profit for the [...]
