Category Archives: News

The Myths and Truths of the FX Market

The Myths and Truths of the FX Market

One of the reasons why many people are nervous about trading on the FX market is the number of myths surrounding it.  The FX market has a number of common myths that you need to know the truth about.  When you know the truth you are able to determine whether or not this is the […]

Factors That Affect FX Rates

Factors That Affect FX Rates

When determining a country’s level of economic health, you need to look at various factors.  The FX rates of a country are an important determinant, as is the inflation and interest rates.  Exchange rates are important to a country’s trade level, hence they are analysed, manipulated by governments and watched with great interest. Effect on […]

FX Trading Managed Accounts

FX Trading Managed Accounts

Many traders prefer using managed accounts when they start in the FX trading market.  The main reason for this is the limited input required to make use of these accounts.  All you have to do is provide the required capital and all the FX trading is done on your behalf by an account manager.  This […]

Limit Your Losses In Currency Trading

Limit Your Losses In Currency Trading

One of the forex rules of currency trading that you should include in your currency trading strategy is to limit your risk to 2% for each trade.  This rule is more often than not violated and it is for this reason that so many traders lose a lot of money.  Irrespective of your certainty level […]

Setting Your Foreign Exchange Goals

Setting Your Foreign Exchange Goals

All new traders need to set some goals for their foreign exchange trading.  The problem is that new foreign exchange traders often set goals incorrectly based on the ideas they have about the market.  It is important that you understand what should be going into your goals and the process of setting them.  You should […]

Reading Foreign Exchange Market Psychology

Reading Foreign Exchange Market Psychology

When the volume of trades on the market is high, those traders currency losing money will feel a sharp sting of losses.  In order to soothe the pain they generally close these positions with at an even greater loss.  As they exit the market, the trend based on high volume is short-lived.  However, the moderate […]

FX Discusses the Panic of 1893

FX Discusses the Panic of 1893

FX in the past is unlike the online trading of today; however, it is the past that helped structure what we see today. Big financial events often impact how the stock and forex market will react. The recent global recession is certainly an indicator that we are not immune from troubled times. The wrong financial […]

Is Mentor Forex Training Right for You?

Is Mentor Forex Training Right for You?

There are two types of forex training that you can look at.  The first forex training is known as the online training which uses written resources and videos to teach you about the market.  The second method that you can look into is the mentor programme.  These programmes will have you work with a professional […]

FX Comparison of Two Apps

FX Comparison of Two Apps

Apps have their place in FX. Many traders have found at least one app that makes them trade a little better. If you want an app with only an economic calendar or those designed to update open/close data, there are two apps to consider. A comparison and review of what Forex Hours and iEconCal provide […]

Beginners Should Opt For Forex Training

Beginners Should Opt For Forex Training

Beginners in the foreign exchange are often left feeling bewildered by all the information on the subject.  Many people have probably told you to read about entering the market online, but the amount of available information could make you want to give up on the idea altogether.  Beside the volume of information, you are supposed […]