Have you ever wondered what trading indicator you could always use regardless of your skill level? RSI, the Relative Strength Index, is such an indicator. It is an indicator that can be used as a standalone trading system without the need for any other method. Helpful for the beginner If you are new to trading […]
Prospective Forex brokers who wish to apply for a Forex Broker license need to follow the steps outlined below. 1. Invest Minimum Capital Every country has a capital adequacy legislation which requires Forex brokering firms to invest a certain minimum capital in order to obtain a license. Since the minimum capital would differ according to […]
Trading systems that shout from the rooftops about how good they are quite honestly two a penny. Many systems promise you the moon on a stick – guaranteed! However all too often the reality falls far short of what’s been promised. So when I come across a system that looks professional with understated marketing, it […]
Forex markets trend and if you look at a forex chart the big trends last for weeks or months and it’s these trends you need to lock into to make big profits. Forget, short term moves forex trend following means longer term and bigger profits. If you want to forex trend follow and make a […]
Perhaps no asset class has seen a proliferation in signals services anywhere on par with the forex market. That’s not surprising given how fast forex has grown in recent years. It wasn’t until the mid-1990s that retail traders had access to currency trading. The evolution of the Internet and technology solved that and now anyone […]
Forex trading online has quickly become one of the most popular as well as easiest ways to earn money online. With an average daily turnover of around $1.3 trillion, more & more people are realizing the amazing potential of trading online. Let’s face it, you can get started with just a $1 & steadily grow […]
As a suggestion, you might need to do a small mixing & matching with the charts & the trading process so as to meet whatever special needs you might have. The trick is to receive a lovely match with the four so that you don’t go in to any trade situation blind. You’ll become more […]
The forex is a somewhat complex ground in the financial markets that is used in trading. Put simply, it is the ground in which different worldwide currencies are traded. The forex market is currently open to any individual who wants to trade in currencies. Just like the normal market, the forex market will give a […]
Forex signal service plays an important role in forex trading. This type of forex system provides an updated information on currencies, prices and fluctuations on the forex market. Being an information provider, it certainly helps the traders to minimize risks as well as losses if this is properly used.Since the information came from a specialist, […]
If you approach forex day trading by just looking at the 5 minute and 15 minute charts there is a strong possibility your account will evaporate sooner rather than later. In order to get a feel for the market and an indication of the current trend it is necessary to do an analysis by looking […]