FOREX — the foreign exchange (currency or forex, or FX) market is the and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.
Don’t forget to check and bookmark my Forex blog to get the latest updates about Forex market and this site’s content. You can also join a friendly Forex traders community at the Forex Forum.
Latest Forex E-books
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Latest Brokers' Reviews:
Kris from Estonia writes about InvestTechFX:
I just opened live accoount. Did Bank wire transfer. Money was on my account with 3 days.
Good enought from europe to canada.
I have been also demoing with them for a while.
All positive experience so far.
Addyson from Germany writes about ACM:
I found on you tube their advertised video and it´s hilarious, very funny approach for such a serious matter. If you have a sec watch it.
It's called tired of slippage?
http://www.youtube.com/watch?v=hoRuKWwFl8g
Good trading
dan from Nigeria writes about E-Global:
terribly bad. no customer support at all. you cant withdraw no matter what. i reffered some clients to them. made some rebates. have tried to withdraw for ages to no success. too bad. THOUGH STILL TRYING
Latest Forex News
Canadian Dollar Remain High Before Jobs Report
Thu, 05 Nov 2009 15:10
The Canadian dollar remained neutral at the highest level in more than a week before an employment rate which is due to be published tomorrow, defining the outlook for the loonie for the next week, since jobs figures are an important data to measure a country’s economic conditions.
Euro Up as ECB Shifts Stimulus Program
Thu, 05 Nov 2009 14:48
The euro pared previous losses with a number of currencies this Thursday as the ECB affirmed that a series of measures used to stimulate the bloc’s economy on its way out of recession will be phased out, adding evidences that the economic health in the Eurozone is improving significantly.
Pound Up as Asset Purchase Program Changes
Thu, 05 Nov 2009 14:12
The pound climbed significantly versus the dollar, and to a lesser extent versus the euro as the national central bank extended its asset-purchase program less than expected, suggesting that the British economy is needing less government stimulus to find its way out of recession, increasing attractiveness for the U.K. currency.
Jobless Rates Push New Zealand Dollar Down
Thu, 05 Nov 2009 13:28
The New Zealand dollar lost versus most of the 16 main traded currencies this Thursday as the quarterly unemployment rate in the country grew further, decreasing attractiveness for the kiwi, as growing unemployment figures are a sign of bad economic health.
Latest Glossary Entries
RSI (Relative Strength Index) — indicator that measures of the power of direction price movement by comparing the bullish and bearish portions of the trend.
CCI (Commodity Channel Index) — a cyclical technical indicator that is often used to detect overbought/oversold states of the market.
ADX (Average Directional Index) — standard technical indicator that measures the strength of a trend.
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