Trading Correlations in the Forex Market
In this article we’ll cover correlations in the currency markets and how an understanding of these relationships can help you diversify, hedge and develop trading strategies.
Forex
Forex Trading Articles – Forex Education –
Forex Trading Leverage and Costs
Many people would like to trade for a living, but the biggest problem they face is a lack of capital. In order to make a living trading in the stock market, traders really need to plan on having an initial balance of at least $100,000.
Investing in the Chinese Yuan: Appreciation Imminent?
With the impressive economic growth in China, many investors are getting interested in owning Chinese currency, aka the Yuan (which translates as round coin) or Renminbi.
Forex Market Participants
The main participants in the forex market are central banks, commercial and investment banks, hedge funds, pension funds, corporations and private speculators. An estimated 95% of the daily trading volume in the is done by speculators and investors – ranging from the individual trader to the leading banks of the world. The remaining 5% is …
Chosing a Forex Broker – What to Look For
Tight Spreads: Look for competitive spreads. This is the difference between the bid and offer and is measured in pips. This is what it will costs to enter a trade, since it is not possible to buy on the bid or sell on the offer in the Forex market. Forex brokers are usually tied to …
Currencies Traded in Foreign Exchange
Virtually any currency can be traded through a broker – providing it is backed by an existing nation. Currencies are defined by three letter symbols, where the first two letters stand for the name of the country and the third stands for the name of the currency. The major currencies are: the US Dollar (USD), …
The Major Trading Sessions in the Forex Market
The FX market is active 24 hours a day – it is important for the active forex trader to identify the times where there is the most volatility and largest trading ranges. 1. Asian Session (Tokyo) 7PM-4AM EST Tokyo is one of the principle dealing centers in Asia and is the first major Asian market …