Category Archives: Trading Education

Foreign Exchange and Patience

Foreign Exchange and Patience

Bide your time, wait a while, and sit it out. There are all different kinds of ways of saying it, but it seems to be generally accepted that patience, as the saying goes, really is a virtue. Rushing into things in an impetuous, hotheaded manner can cause all kinds of problems if you haven’t done […]

How Does the Forex Market Work?

How Does the Forex Market Work?

The foreign exchange market is an expansive, complicated and competitive market place which is essential for globalised trade and currency exchange. Often known as the forex, FX and global currency market, the foreign exchange market is a decentralised global market for currency change, in which large international banks trade various forms of currency. There are […]

Economic Indicators and the Forex Market

Economic Indicators and the Forex Market

There are a number of major indicators that are highly influential in terms of economic analysis within the forex markets. With the publication of such data, traders can make judgements about current and future trends, reacting either positively or negatively. Forex Trade Balance The difference between the import and export value of goods and services […]

A Guide to Currency Swap Arrangements

A Guide to Currency Swap Arrangements

With news that China has just set up a currency swap deal with the European Central Bank, the third largest it holds on record, experts believe this is the beginning of even closer ties between the two regions. The deal provides a backstop facility for the EU and guarantees the continuous provision of Yuan whilst […]

Making a Living from Forex Trading

Making a Living from Forex Trading

If you are currently trading in forex as a hobby or as a way to make some extra cash, you may be thinking about how you could make it work for you on a full time basis. Many people dream of giving up the 9-5 and making a living in this way. Many people do […]

The Top Tradable Currencies

The Top Tradable Currencies

Sterling, dollars, Euros… the chances are that until recently the only reason you had to care about different types of currency was when you were taking out holiday money and exchanging it back. How  currencies are worth against each other is simply meant how much you paid of one to receive another. More than just […]

Why Trade Forex Over Other Investments?

Why Trade Forex Over Other Investments?

When putting together an investment portfolio it is important to consider which market is the most suitable trading platform for your needs. The forex market is often considered to have a number of advantages over more traditional markets. Here’s why. Lower Margins Due to the nature of the market, a foreign exchange trader is able […]

An Explanation of Complementary Currencies

When it comes to day-to-day business, alternatives to legal tender (this generally being government-issued money used to conduct the majority of national and international transactions) are certainly nothing new and communities across the globe have come up with different ways to pay for goods and services. Instead of using pounds, dollars or yen, they are […]

The Top 4 Things for A Successful Forex Trade

1 – Approach Before trading, it is essential to prepare properly. Firstly, match your goals and temperament with the markets and instruments that you understand. Then, consider the three following components. Time Frame This will indicate the style of trading that suits your temperament. Some may not be comfortable with holding an overnight position and […]

Get rich quick in forex: Is it possible?

Get rich quick in forex: Is it possible?

It is only since the 1990s, when it became more common for average households to have access to the internet, that forex trading became a possibility for each and every person who wanted to give it a go. Before that it was the preserve of the institutions and operated in the old-fashioned way by those […]