How Does Forex Trading Work? Forex trading is similar to trading share or futures except that when trading forex you are buying or selling one currency against another. One of the key advantage forex trading has over other financial instruments is that relatively small lot sizes can be traded, lot sizes can be as small … Continue reading Forex Market Basics
The three main types use in forex are stops, limits and market orders. Depending on whether you want to be a buyer or seller, above or below or at the market price will determine which of the below orders you should be using. Stop buy buy order above the current market price Limit … Continue reading Common Order Types
At the most basic level, the only thing that will ever move an exchange rate is the supply and demand for that particular currency at a given point in time. In other words, if a currency is to rally there will be excess demand in the market causing this increase in price. The opposite is … Continue reading What influences buying and selling?
Overview Technical analysis is essentially the study of price on charts in order to gain some insight into the past, present and future direction of price. It is a study that most traders use to make trading decisions, this adds to its significance and what makes it such an effective and reliable means of analysis. … Continue reading Technical Analysis
What is fundamental analysis? Fundamental analysis is the study of economic, social and political data, reports and news to gain some insight into the past, present and future direction of exchange rates. From a fundamental perspective there are many different ways to analyse currencies, we will focus on the interest rate differential model. The future … Continue reading Fundamental Analysis
