More Forex News

Our Featured Online Forex Trading Writer



Quick Forex Ideas



forex trading



Forex money management is where most traders go wrong in almost all cases leaving only a few as the winner at the end of the day. Money management and discipline of mind is what makes or brakes a trader at the end of the day, not the elementary entry and exit method.

forex data



The beginner forex currency trading should take note of the major currencies are the U.S. dollar (USD), the Euro dollar (EUR), the Japanese yen (JPY), the British pound sterling (GBP) [known as cable], the Swiss franc (CHF), the Canadian dollar (CAD), and the Australian dollar (AUD). All other currencies are referred to as minors.

currency



Once Soros of Quantum Fund hit the nail on the head with his theory of reflexivity in the market and that is exactly how these players work in the market. That rather romantic tool of daily candlestick chart is useful because whenever some players start positioning to start or stop short-term moves in Yen market, say several hundred pips, for whatever reasons, it reveals their intention to the market, more often than not. It sounds so weird to say tens of yards are spent relying on indicators so primitive like hand-drawn candlestick charts, but that is the truth in Yen market. Same as millions of soldiers risking their lives depending on how their generals draw up the battle plan with their cheap red and blue pencils in their operation room desk. Crazy world, I would say, but that is the fact. And as you say, battle is a battle and those ones who make their first move with their candlestick may not always win either.

More Online Forex Trading Information

Euro marts rise on oil's fall

Fri, 13 Oct 2006 15:53:00 GMT
LONDON: European stock markets advanced yesterday, with falling oil prices helping lift the London and Paris exchanges towards five-year highs, dealers said.


Forex Trading Software
Easy Forex
Forex Currency Trading
Learn Forex