Forex Trading Education - Fundamental Economic Indicators What Are Fundamental Economic Indicators?Economic indicators are typically important news announcements that involve sensitive economic data.How Do Economic Indicators Affect Trading Decisions?Consider this example:It's Monday morning and the U.S. Dollar had been spiraling down in the past two weeks. At this point, it's pretty safe to assume that there are many traders holding on to large USD...... Similar Editorial : Forex Trading Education by Harold Hsu. | Source : Financial Software Forex Trading
Forex Indicators - Moving Averages Most successful Forex retail traders use a variation of the moving average indicator. It's one of the oldest technical indictors in existence, and its widespread popularity is mainly due to its simplicity and effectiveness.What Is A Moving Average?A moving average is basically the dynamic average of past market prices. It's dynamic in the sense that the moving average number will constantly...... Similar Editorial : Forex and Forex Brokering by . | Source : Financial Software Forex Trading
Forex Indicators - Fibonacci Retracements The Fibonacci retracement indicator is a very popular tool among Forex traders, and it is based on a set of key numbers identified in 1175 by Leonardo Fibonacci, an Italian mathematician.What Are Fibonacci Numbers?The Fibonacci series is derived by first adding numbers as follows:2+1 = 33+2 = 55+3 = 88+5 = 1313+8 = 21...and so on until infinity. The next number is always calculated as the sum of...... Similar Editorial : Day Trading Technical Indicators by . | Source : Financial Software Forex Trading
Forex Indicators - The Parabolic/sar The Parabolic/SAR indicator was developed by J. Welles Wilder in 1976. It is often used to select trailing price stops and is commonly referred to as SAR (Stop And Reversal).This indicator aims to signal the reversing of a trend, thus providing traders with a good tool for choosing trade exit points. The unique feature about the parabolic indicator is that it takes into account both the factors of...... Similar Editorial : Day Trading Technical Indicators by . | Source : Financial Software Forex Trading
Forex Trading Education - Market Price Basics Every trader must know the meaning of price. Without a good understanding of what market prices mean, it's unlikely for anyone to succeed in any type of trading activity. Your success or failure as a trader depends on it.What Is Market Price?Put simply, the market price is the price at which supply and demand agree with each other. Every single chart movement on your screen represents a deal...... Similar Editorial : Forex Trading Education by Harold Hsu. | Source : Financial Software Forex Trading
Forex Trading Education - Technical Indicator Types Most Forex retail traders will use some form of technical indicator in their trading careers. In this short article, I'm going to review the 4 most common types of technical indicators.Trend IndicatorsTrend indicators indicate the persistence of price movement in one direction over time. Trends can only occur in three directions: up, down or sideways. They are one of the most common indicators...... Similar Editorial : Forex Trading Education by Harold Hsu. | Source : Financial Software Forex Trading
Forex Basics - Why Trade Forex? Many people wonder if they should be interested in the foreign exchange (currency) market. They ask, "Isn't Forex something that only the big banks and hedge fund managers pay attention to?"Well, these large market players are definitely interested in the Forex market, but that doesn't mean that retail traders like you and I should ignore it! In fact, the Forex market gives retail traders...... Similar Editorial : Forex Basics On Analysis by Gregory DeVictor. | Source : Financial Software Forex Trading
Cash Forex Trading - Counter-party Risk In Forex In recent years, the cash Forex market has become one of the fastest growing financial markets in the United States. The prevalence of online trading platforms and the limited legal restrictions of the Forex market have literally caused dozens of companies to try their hand at Forex brokering.And with so many new brokering firms popping up, it's inevitable that some of them will fall short in...... Similar Editorial : Forex Trading Course by greenty2. | Source : Financial Software Forex Trading
Cash Forex Trading - Why You Shouldnt Miss Out On It Although cash Forex trading has its inherent risks, this market offers a number of excellent advantages for retail traders provided that they trade with a reputable and reliable broker. In this article, I will cover 3 advantages of trading in the cash Forex market. Low Entry CostsRetail traders with limited funds of a few hundred dollars are able to open a trading account with little difficulty....... Similar Editorial : Forex Trading by whistler. | Source : Financial Software Forex Trading
Forex Trading Education - 3 Aspects Of Confident Trading When you open up your trading charts each day, do you feel calm and confident or do you feel uncertain and nervous? Many traders often find themselves feeling the latter. To be a successful trader, you'll need to constantly feel confident about the happenings in the market. Good traders are certain about whether it's a bull market, a bear market or a ranging market. They either understand what...... Similar Editorial : Forex Trading Education by Harold Hsu. | Source : Foreign Currency Exchange Trading
Forex Trading Education - How To Trade Price Consolidations Trading on price consolidation breakouts is a popular choice among Forex traders. In this article, I will present to you one of the most effective and simplest ways to trade consolidations.What Is A Price Consolidation?Price consolidation occurs when there is no obvious uptrend or downtrend in short-term time frames. Ranging markets are not considered to be consolidating because prices are still...... Similar Editorial : Forex Trading Education by Harold Hsu. | Source : Foreign Currency Exchange Trading
Forex Trading Education - How To Trade The Trend If you haven't heard of the phrase "the trend is your friend", you're either new to trading, or have been living under a rock. Trend trading is one of the most popular methodologies used by most people today. What Is Trend Trading?As the name suggests, it simply means trading in the direction of the prevailing trend. You buy in an uptrend, and sell on a downtrend. It's a simple concept....... Similar Editorial : Forex Trading Education by Harold Hsu. | Source : Foreign Currency Exchange Trading
Forex Trading Education - Risk Management 101 Many retail traders focus so much on trying to make money off the market that they often neglect to protect their capital. This causes them to ultimately wipe out their trading accounts no matter how good their 'money-making' strategy is.You see, there are two aspects to profitable trading: increasing your gains, and reducing your losses. Unfortunately the former is the only thing most traders...... Similar Editorial : Forex Trading Education by Harold Hsu. | Source : Foreign Currency Exchange Trading
Forex Education - Know Your Competition Forex trading is a zero-sum game. For every dollar won by a trader, there is a dollar lost by another trader. It's a sad reality, but it's still nonetheless a reality. Taking from others is the only way wealth is created in the Forex market. It's not like the stock market where almost all investors can benefit from rising stock prices. The Forex market does not provide a win/win situation,...... Similar Editorial : Forex Education by . | Source : Foreign Currency Exchange Trading
Forex Education - Know Your Market Before you try your hand at Forex trading, it's important that you first understand what you're getting into. I've lost count of the number of times I've met amateur traders who can't even calculate the value of one 'pip'... it's no wonder there are so many losing traders in the market!Do You Know What A 'Pip' Is?The first step to understanding Forex trading is to know what a â...... Similar Editorial : Forex Education by . | Source : Foreign Currency Exchange Trading
