Forex or foreign Exchange or FX involves the buying and selling of one currency against another currency. They are always traded in pairs e.g. EUR/USD, USD/JPY. So when you are buying Euro dollars (EUR) you are also selling the US dollars (USD) in exchange for the Euro dollars. If you want to buy US dollars [...]
When you start trading in the Foreign Exchange market, you will notice that the prices for either buying or selling a currency pair always come in a pair of price quotes. One is called the ‘Bid’ (or Sell) and the other is called the ‘Ask’ (or Buy). You will notice the same in any other [...]
The Euro continues to climb as the Dollar continues to weaken. This market movement is mirrored almost across the board as every other asset class continues to strengthen. Essentially repeating the trend of 2009. But what will happen to the Dollar? The Chinese administration probably sees little need to change its economic policy just yet. [...]
In the late 90’s, many financial company dominated the Forex Exchange Market. In the past several years the Forex Exchange Market has show a dramatic development. Nowadays private company are offering access to the Forex Market via internet data feed trading platform.
Private investors are going into Forex Market, with access to the same market [...]
In the last article on “9 Reasons on Why You Must Trade Forex (Part 1 of 2)” You have understand the:
1. Round the clock trading 2. No need to choose from too many counters 3. Liquidity 4. Good Leverage
Next you will understand more on why you must trade forex.
5. No Brokerage fee or [...]
In this realistic world, to be successful in any trade or even in Forex Trading, you have to know the rules and learn to do it well. Learning Forex Trading is not like babies learning baby-crawl. It is more like babies learning of how to walk by the parent helping them by hold on their [...]
FACT: 95% of forex trader do not know what is forex options, 4% of forex trader know what is forex options but they think that forex options was too complicated for them and only 1% use forex options for trading.
Why Forex Options? Options allow you to have the right but no obligation to either [...]
To read a forex price quote consisting of two different currencies you have to note that the first currency is known as the base currency while the second currency is called the quote currency. Another point of note is that the first currency value is always 1 (one).
To further illustrate, the price quote or [...]
What is a Forex Call Option?
A forex option gives you the right but not the obligation to buy or sell a currency pair at a certain price on a certain date. The certain price in this case is called the ’strike price’. That is the option gives you the flexibility of choosing where you [...]
If you are trading the forex markets then a big concern will be growth forecasts and indications of when the various central bank stimulus packages will end. Growth has returned to the US, mainland Europe and is expected to return soon to the UK.Looking the forex markets, the US Dollar has been out of favour [...]