Category Archives: Trading Tools

FX Carry Trading Basics

FX Carry Trading Basics

FX Carry Trading Basics A popular FX trading strategy is carry trading and you need to know what this is.  Before you can actually use this FX strategy you need to how it works.  When you know how it works you can find out whether or not this type of FX trading is right for […]

What Is A Foreign Exchange Calendar?

What Is A Foreign Exchange Calendar?

What Is A Foreign Exchange Calendar? A foreign exchange calendar, also referred to as an economic or forex calendar, is a document that was initially designed to alert traders and investors about upcoming economic events.  These alerts refer to events such as unemployment rates and the consumer price index which could have an impact on […]

Foreign Exchange Trader Personalities

Foreign Exchange Trader Personalities

Foreign Exchange Trader Personalities Everyone has their own personality and they will not be trading in the same way.  However, there are only 4 different trading personality types that you could fall into.  These personality types are linked to the timeframe you are going to be trading in.  The reason why these times are used […]

The Intricacies of the Foreign Exchange Market

The Intricacies of the Foreign Exchange Market

The Intricacies of the Foreign Exchange Market When you look at trading on the foreign exchange market you need to know about the market intricacies.  You should look at what makes the foreign exchange market different to other financial markets.  You also need to look at how you are going to be making money on […]

Forex Trading Systems with Dot and Line Charts

Forex Trading Systems with Dot and Line Charts

Forex Trading Systems with Dot and Line Charts There are many forex trading systems out there that you could use.  However, all forex trading systems require come use of forex charts.  It is important that you know which charts you should be looking at and why.  Two charts you should consider are dot and line […]

Foreign Exchange Sydney Time Zone Trading

Foreign Exchange Sydney Time Zone Trading

One of the major advantages mooted for the foreign exchange market is the fact that it is a 24 hour market. However, this advantage is often overrated. This is because, although the forex market is known to be open 24 hours of the day, major moves occur at specific times.  The London and the New […]