The largest traded “market” in the world is not the U.S., Japanese or European stock markets. It’s the foreign exchange market. It’s called Forex for short, or also called the cash currency market. Speculators can and do...

Part I Much of the advice given to traders concerns either what to buy or sell or when to buy or sell. This makes sense, as it is doubtful that brokerage houses and advisory services could make...

Price is the primary tool of technical analysis because it reflects every factor affecting the value of a market. However, price doesn’t produce just trend lines and basic chart patterns. Analysts have expanded their research far beyond...

Leverage financed with credit, such as that purchased on a margin account is very common in Forex. A margined account is a leverageable account in which Forex can be purchased for a combination of cash or collateral...

Traders have debated the merits of “technical analysis” versus “fundamental analysis” for years. In reality, most traders probably do not make such a rigid distinction between these two approaches to market analysis and use some of both...

History of the Forex Market The Foreign Exchange market, also referred to as the “Forex” or “FX” market is the largest financial market in the world, with a daily average turnover of well over US$1 trillion —...

Money management is one of the most important elements that show difference between winners and losers. It was proved that if 100 traders start trading using a system with 60% winning odds, only 5 traders will be...