How To Select A Forex Broker

Be it a trading in stocks or investing in mutual funds, buying property or getting insurance cover, the one and only person who comes to our mind to help out with the process is a Broker. He has many names like an agent, broker, financial adviser or a portfolio manager. He is the person who simplifies the financial jargon and makes a layman understand the nifty grittiest of investments. He helps you fill the forms, lists the documents to be submitted and submits the applications on your behalf. Before Read more [...]

Foreign exchange market – A knowhow

Forex is the short form of foreign exchange. Foreign exchange is the place where the exchange of one country’s currency into another country’s currency takes place. Due to globalization there is a need of exchanging currencies in between the countries. Exchanging of various types of goods and services in between the countries is encouraging the foreign exchange services all over the world. It becomes strength for global market under which the Forex kereskedés is happening. It became a great Read more [...]

Forex School – Here’s what you should know

“Forex” is the market where one can buy, sell and exchange currencies. This market is one of the largest profit-making markets in the world and which is more liquid (that involves cash). Banks, businesses, traders, governments and individuals make transactions to exchange and speculate on the price of one currency over the others which is called “Forex trading”. Forex is also called “Foreign Exchange” market. Any individual can make transactions at any time of the day because it is open Read more [...]

Nuances in forex trading

In forex trading, the trading is always done in pair as one currency has to be used for comparison with the other. For JPY/USD pair, it has to be seen as to how much the Japanese Yemen is worth one US dollar.  The trader on selling JPY will also have to buy USD and that’s how the forex trade works. The pip value is considered while trading as explained above. It is thus, if the JPY/USD rose to 1.6033 from 1.6028, then it is said that there has been a rise of 5 pips, as the last decimal point is Read more [...]

Five Forex strategies that work

Forex traders (or any trader) have high hopes of increasing their investments which make them wealthy within a short period. But any type of investment methods cannot make rich overnight. Like any other, one should have patience, dedication, long-term planning and a right attitude to achieve what they want. Grab an understanding of the strategii forex care functioneaza. Anyone who wanted to make money through forex Trading they should consider the following factors and then decide if it suits Read more [...]

Appling FOREX strategically

The Foreign Exchange Market is also known as global market which is decentralized. It is also known as over the counter market for trading of money in to different currencies. Each country follows a certain currency such as $ (dollar) in the United States of America and Canada, Pound in United Kingdom, Euro in European countries, Rupees in India. Hence, in order to maintain the balance of trading, the market has come to be known as Forex market, also known as Foreign Exchange Market. The foreign Read more [...]

The Best Strategy for Scalping on Forex

Forex markets have always been on a roller coaster ride with highs and lows in the value of currency. This has made it quiet lucrative for forex trading as it involves buying and selling of currency. But before venturing into forex trading one must keep a few things in mind. The first and the foremost is to get you basics right by having complete knowledge on the subject. Second one must not put too much money at risk as the free markets are highly volatile. There it is wise to invest what you can Read more [...]