Forex

Forex traders can utilize Japanese candlesticks to gauge the market sentiment surrounding a particular currency pair or security.

Forex charts are an important tool to help traders analyze the movement of currency prices and determine the optimum moment to buy and sell currencies.

The main purpose of Bollinger Bands® is to help traders determine whether assets are reasonably priced, and whether prices in the market are stable or may be moving toward different levels. This information can be potentially helpful for investors because it can determine the following: whether they are paying a fair price for the asset, whether it is too costly, or whether it is a bargain purchase that could result…

Forex and futures trading are very different types of trading with distinct characteristics, but sometimes can be used together for advantageous results.

Forex trading is challenging and can present adverse conditions, but it also offers traders access to a large, liquid market with opportunities for gains.

Traders will want to carefully consider the reputation, services and costs of the available brokerages before making a commitment to trading with a particular firm.

Determining the best forex platform is largely subjective. Trading Station, MetaTrader 4, NinjaTrader and ZuluTrader are four of the forex industry leaders in market connectivity.

For active forex traders, properly locating orders is a key part of conducting day-to-day business. Understanding order functionality and how different types impact trade execution is critical to interacting within the market competently. If not, untimely mistakes can lead to lost opportunity, or worse, lost capital. On the buy-side of the equation, there are two order types that market participants need to be familiar with: buy limits and buy stops.…

In forex trading, selecting the proper order type for the job is an important task. No matter if one is a short-term scalper or long-term investor, the way in which the market is entered and exited plays a key role in sustaining profitability. After all, achieving optimal trade execution depends greatly upon how efficiently one interacts with the market itself. Types Of Forex Orders The world's financial markets are competitive…

To understand how much can be made on a given trade, a trader needs to calculate how much a pip will be worth for a given currency pair. Calculating the final value that a change in pips will be worth depends on the size of currency lots being traded. Currencies are customarily traded in standard lots, mini lots and micro lots. Standard lots are the largest trading blocs, measured in…

Familiarity with the wide variety of forex trading strategies may help traders adapt and improve their success rates in ever-changing market conditions.