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FOREX ARTICLES

Whether you’re looking for Forex articles that cover Forex basics or those that focus on more advanced trading topics, you’ll find what you’re looking for in our exhaustive Forex articles database. Browse by category to find articles about a specific subject or peruse the entire list to get a full picture of how the Forex industry functions.

What Forex Traders Need to Know About the Yen

7/26/2016 6:54:56 AM

What Forex Traders Need to Know About the Yen   In the currency market, a little bit of knowledge about a given currency can translate to huge profits. As the third most traded currency in the world, billions of Japanese yen changes hands on a daily basis. This means that the currency is always in high demand, and any factor that may affect its supply can translate to huge profits for anyone who understands the yen. Why the Yen is Very Popular Japan is one of the largest exporters ...

Trading with the Trend

7/25/2016 8:19:41 AM

Trading with the Trend   There is only one way to understand the concept of trend trading and that is to understand market behavior. In most markets, prices either go up slightly or go down slightly. In some cases, prices remain where they are for days or even weeks. This is not good for the investor because if prices do not move up or down substantially, people will not make much profit. This applies to the stock market and it also applies to the Forex market and the commodity market. According ...

The Importance of Stops

7/21/2016 6:50:19 AM

The Importance of Stops   Using stops is a simple, yet effective, strategy for removing emotion from your trades. When a trade goes against you, there is often an overwhelming temptation to let it ride, hoping it will go the other way. That is pure emotion, with no substance behind it. When you let your emotions take over your trades, you are on a guaranteed track to losing money. Before you begin any trading session, you need to objectively plan your trading strategy. You should ...

Trading Currencies with the Use of Binary Options

7/19/2016 5:54:11 AM

Trading Currencies with the Use of Binary Options   Binary options allow speculators to make large profits on price moves of assets.  Many forex traders have found out about binary options and that trading currencies through binary options is possible.  Is it better to trade currencies this way or are you better off trading spot forex?  Let’s delve deeper. Binary options work like this.  You choose an asset to trade and then decide if price will be higher or ...

The Importance of Support and Resistance

7/18/2016 6:58:05 AM

The Importance of Support and Resistance   One part of technical analysis that’s especially important for traders to master is support and resistance.  This one area can make or break your trading success.  For example, if you’ve identified an important support level that hasn’t been broken in years, it is very likely that once price reaches this level it will reverse course.  This then provides a good place to take profits if you are short, or to initiate ...

Speculators vs Conservative Investors

7/14/2016 7:23:00 AM

Speculators vs Conservative Investors   When looking at the different assets and trading methods it’s fairly easy to see that some investments are more risky than others.  This has led to a distinction between speculators vs conservative investors.  The two groups approach the markets very differently, and to be successful when trading you’ll need to know which camp you fall into. Conservative Investors The conservative investor falls along the lines of Warren ...

How to Use a Stochastic System When Trading Binary Options

7/11/2016 7:11:42 AM

How to Use a Stochastic System When Trading Binary Options   The Stochastic Oscillator is a great tool for forex traders, as it increases their probability of being right when entering a trade.  You can learn more about how to use a stochastic system below. A Stochastic Oscillator is a reversal indicator used to predict price reversals on technical charts.  It’s most effective when used to analyze range bound markets, and works best when used with a higher timeframe chart, ...

How to Use a Parabolic SAR Strategy

7/5/2016 7:51:46 AM

How to Use a Parabolic SAR Strategy   The parabolic SAR is a technical indicator created by Welles Wilder to provide signals for price reversal.  The SAR stands for ‘stop and reverse’, and the indicator shows when price is likely to reverse.  It’s ideal for forex traders as the signal is clear and easy to discern. When the parabolic SAR indicator is applied to a chart it adds a series of dots either above or below the price candles.  The dots are simple ...

2 Ways to Outperform the Markets

7/4/2016 7:43:08 AM

2 Ways to Outperform the Markets   Anyone who begins trading the markets for profits wants to know how to outperform the market.  While simply buying an index fund and receiving the average returns, minus transaction costs and fees, may be ok, but as traders we believe we can do better than that. Forex Trading forex markets can be fun, fast, and profitable for those who know what they are doing.  Forex markets can move based on fundamental data, but those moves are typically ...

Reading Forex Charts

6/28/2016 7:33:55 AM

Reading Forex Charts   If you plan to trade forex, it is critical you learn how to read a forex chart.  Below are five important things to keep in mind when looking at the forex chart (example based on EUR/USD): When you buy a currency pair you are going long and you want the chart of the pair to go higher.  This means that the EUR is strengthening or the USD is weakening.  The opposite is true if you sell the pair. Always make sure you know what time frame you are ...