While you may not even realize it, if you have ever traveled to a foreign country you have probably taken part in the Forex market. Basically, the Forex market is based on currency exchange; exchanging your currency for a foreign currency. Whenever you travel to a Read More

Okay, so now that we’ve had an introduction to the Forex market and understand what it is, it’s time to delve a little bit further and take a look at what is traded on this market. In the introduction we learned that Forex is the foreign exchange market.

So, what’s traded on this massive Read More

Before we go any further, there are a few basic terms that you must understand when first getting started in the Forex market. Read More

As a new trader, you also need to understand the different types of orders that can be placed for trading. Below is an introduction to some of the Read More

All right, so by now, your interest may have been piqued and you may have begun to wonder how you can go about getting started with

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Now that you know a little bit about the ways that the Forex market can be traded, it’s time to delve a little bit deeper and take a look into how the market is Read More

Two of the most commonly used concepts in this type of trading are support and resistance. When you see the market move upward and then see it pull back in a type of Read More

Some of the most commonly used forms of technical analysis are trend lines. When used correctly, trend lines can be extremely accurate, but sadly many traders simply do not Read More

Trends demonstrate the overall direction in which the market is moving. According to Dow Theory, there are three distinct phases for Read More

Whether there is actually a trend within a market will depend upon a series of highs and lows that are relative to one another. For example, if you notice there are two back to back Read More