Saturday, November 14, 2009

Forex Trading Information


FOREX — the foreign exchange (currency or forex, or FX) market is the and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.

What is Forex?

FOREX - the foreign exchange market or currency market or Forex is the market where one currency is traded for another. It is one of the largest markets in the world.

For further detail, search for the article

Forex for Dummies


Forex Basics
If you've already read the "What is Forex?" section then you should know what Forex market is and what it is all about. If not, please, do it. There are five essential aspects of foreign currency market a beginner trader (and an old one as well) should be aware of:
Forex Fundamental Analysis
Forex Technical Analysis
Money Management
Forex Trading Psychology Forex Brokerage

Forex FAQ


What is FOREX?You can read the detailed answer in the separate section of the site — "What is Forex?".
How can I start trading Forex?You'll need to register a trading account with a Forex broker, such as Marketiva. Then you can begin using their Forex client program to buy and sell currencies. This will take less than 5 minutes of your time!
Who owns Forex and where is it located?It's not owned by anyone in particular. Forex is an Interbank market, meaning that it's transactions are conducted only between two participants - seller and the buyer. So as long as existing banking system will exist, Forex will be here. It's not connected to any specific country or government organization. What the working hours of Forex market?Forex market is open from 22:00 GMT Sunday (opening of Australia trading session) till 22:00 GMT Friday (closing of USA trading session).

Forex Glossary



Ask (Offer) — price of the offer, the price you buy for.
Aussie — a Forex slang name for the Australian dollar.
Bank Rate — the percentage rate at which central bank of a country lends money to the country's commercial banks.
Bid — price of the demand, the price you sell for.Broker — the market participating body which serves as the middleman between retail traders and larger commercial institutions.


Forex Articles



Read the most popular and helpful Forex articles. All these Forex articles are written by the talented Forex traders, analysts and strategists. You can submit your own Forex article on our Forex article submission page.
Introduction to Forex
Advantages of the Forex Market — by Heather Redmond
Investing in Forex — by Joe Clinton
Forex The Future Investment — by Mike Pachuta
Explosive Profits: 7 Reasons to Trade Forex — by Sorna Devadas
Why Trade the Forex? — by Susan Walker

Friday, October 30, 2009

Forex Strategy Books


Forex strategy e-books that are listed provide information on the specific trading strategies as well as the use of particular Forex trading instruments. Basic knowledge of Forex trading is required to correctly understand and use these strategies.
Almost all Forex e-books are in .pdf format. You'll need Adobe Acrobat Reader to open these e-books. Some of the e-books (those that are in parts) are zipped.
If you are the copyright owner of any of these e-books and don't want me to share them, please, contact me and I will gladly remove them.
1-2-3 System — A simple pattern trading system by Mark Crisp.
Bollinger Bandit Trading Strategy — A trading system based on Bollinger bands indicator by unknown author.
Value Area — from The Likos Letter.
The Dynamic Breakout II Strategy — by unknown author.
Ghost Trader Trading Strategy — by unknown author.
King Keltner Trading Strategy — by unknown author.
Scalp Trading Methods — by Kevin Ho.
LSS - An Introduction to the 3-Day Cycle Method — by George Angell.
Market Turns And Continuation Moves With The Tick Index — by Tim Ord.
The Money Manager Trading Strategy — by unknown author.
Picking Tops And Bottoms With The Tick Index — by Tim Ord.
The Super Combo Day Trading Strategy — by unknown author.
The Eleven Elliott Wave Patterns — by unknown author.
The Thermostat Trading Strategy — by unknown author.
Intraday trading with the TICK — by Christopher Terry.
Traders Trick Entry — by Traders Educators of Traders University.
Fibonacci Trader Journal — a journal covering different trading techniques based on Fibonacci indicators, by Robert Krausz. 12 issues.
Rapid Forex — a set of aggressive Forex trading strategies (Rapid Forex) by Robert Borowski and Stephen A. Pierce.
Microtrading the 1 Minute Chart — a small e-book aimed on Forex newbies to teach them the basics of M1 scalping.
BunnyGirl Forex Trading Strategy Rules and FAQ — set of rules for a BunnyGirl trading strategy based on WMA crossing.
The Daily Fozzy Method — by Michael Dunbar.
Forex Trader's Cheat Sheet — real Forex cheat sheet for position entry times/conditions by Quantum Research Management Group.
Offset Trading — a basic Forex news trading range breakout system by Dana Martin.
How to Trade Both Trend and Range Markets by Single Strategy? — by S.A. Ghafari.
A Practical Guide to Technical Indicators; Moving Averages — by S.A. Ghafari.
FX Wizard — essential Forex trading rules by Rob Walton.
FX Destroyer — a description of a rather simple Forex trading strategy, invloving moving averages, parabolic SAR and ADX indicators, by Izu Franks.
A Practical Guide to Swing Trading — a simple and practical guide to the swing trading strategy, by Larry Swing.
Practical Fibonacci Methods for Forex Trading — practical guide to Fibonacci levels with the real trade examples of the Forex strategy based on these levels, by Ken Marshall and Rob Moubray.
Using The Heikin-Ashi Technique — a short but detailed guide to trading using Heikin-Ashi charting technique, by Dan Valcu.The Day Trade Forex System — an indicator-based strategy with detailed description, chart examples and minor advertising, by Erol Bortucene and Cynthia Macy.