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The Forex market is open 24 hours a day for trading while the stock market is only open during business hours.
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When price moves consistently in one direction in the Forex, a trend occurs. When the direction is higher, the trend is often called bullish.
� The Successful Traits of a Forex Market Trader
Forex trading on the Internet involves buying one currency while simultaneously selling another currency.
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All you have to do to open a Forex account is fill out an application and provide the necessary identification.
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First and foremost there are the foreign exchange rates, which is the proportional value of two currencies.
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Knowing the top currencies to watch in Forex trading will get you in the game.
� The Exchange Rate and Its Impact on Forex
Understanding how exchange rates work and how they affect Forex markets is essential if you�re going to last as a Forex market trader.
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Forex refers to the Foreign Currency Exchange Market, the world�s largest financial trading market.
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The forex (foreign exchange) market, also known as "FX," is the largest financial market in the world, with a colossal daily trading volume of over $1.5 Trillion. Since the forex market was opened to the individual retail investor in the late nineties, more and more people have started trading currencies online, fueling the already phenomenal growth in FX.
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Index Of FOREX Articles
Forex Basics
Article on the basics of FOREX trading.
Forex Futures
Article that describes the differences between FOREX trading and futures trading.
Forex Philosophy
Article on FOREX trading philosopy -- how to stay successful by discipline and a sound set of rules.
Forex Risks
This article describes the risks of FOREX trading. With the huge leverage involved,risk in inevitable,so a risk management system becomes an integral part of the trading system.
In this months issue of Stocks & Commodities magazine, Raghee Horner writes an article called, "Trading the Forex Wave" which is very similar to her webinars and books. I did learn some things from the article though which is why I'm mentioning it. For one thing, I have to commend her for her consistency. Never has she swayed from her method of trading. In addition, she keeps everything pretty simple with a touch of technical analysis and discretion.
If you have not read anything from Raghee, I'll explain her main analysis tool which is "The Wave." The wave consists of three lines, the 34 EMA of the high price, the 34 EMA of the low price, and the 34 EMA of the close price. "The Wave" in the following picture are the 3 pinkish colored lines:
Forex Article Archive
Why Trade The FOREX
Forex Glossary
How To Start Trading The Forex Market (Part 3)
Forex Trading Education Things You Should Know About Forex Trading
How To Start Trading The Forex Market (Part 5)
Comments
It's funny how some articles can accumulate more trackbacks than comments! I re-did the forex article to be more user-friendly. Can't expect the great unwashed to be au fait with the finer principles of foreign exchange reserves... On this topic, there was a great article by the SCMP's Jake Van Der Kamp spelling out exactly what you mention in your post, i.e. forexs are NOT what they are cracked up to be. The article was pasted in full on Simonworld, well worth a read