Forex Articles.

Is the Yen Ready to Turn Higher?

May 15, 2014 9:48 pm GMT+0  in Forex Articles

When we look at the trading activity in forex markets over the last several decades, one of the most consistent scenarios has been seen in Japan.  For many investors, this might sound like a good thing but the opposite scenario is a much better description of the situation.  Specifically, the country has been caught in […]

How to Read Forex Charts

March 30, 2014 1:03 pm GMT+0  in Forex Articles

Forex traders use technical analysis as a method to gain insights on what to trade next. This method is heavily based on forex price charts as it makes use of historical price data for the prediction of future price movement and trends. However, price charts are not used only by technical analysts but they are […]

Pros and Cons of Forex Leverage

February 20, 2014 12:31 pm GMT+0  in Forex Articles

Forex markets have grown ever more popular, and one reason for that is the leverage offered to traders by forex brokers. Here are some facts, benefits, and potential dangers involved with leverage. There are various reasons why the forex markets have become hugely popular and why the daily volumes traded are more than $5 trillion, […]

Indonesian Rupiah to Rally as Mineral Ban Eased

February 14, 2014 6:20 pm GMT+0  in Forex Articles

The Indonesian Rupiah is showing strong bullish moves this week, with the currency hitting its highest levels in a month as one of the best performers in emerging markets.  The recent strength has been propelled in part by the Indonesian government’s decision to allow some forms of mineral exports to move forward and continue, and […]

Sterling rise gone too far?

January 17, 2014 3:21 pm GMT+0  in Forex Articles

This morning, UK retail sales came in much stronger than expected with year on year sales to December at 5.3 per cent – the strongest growth since October 2004. This much higher figure gave a massive boost to Sterling against the US dollar with the pound jumping more than 100 points on the news. Sterling […]

The Various Interpretations of Bollinger Bands

January 3, 2014 6:10 pm GMT+0  in Forex Articles

One of the primary advantages of using Bollinger Bands is that they can be interpreted in many different ways.  This can be helpful for traders with stylistic methods or trading goals that vary from the wider major and makes Bollinger Bands a highly flexible tool that can be used by almost anyone.  One of the […]

Strong US non farm figures to act as a cataylst to push the US dollar higher

December 6, 2013 2:24 pm GMT+0  in Forex Articles

US non-farm payroll figures released earlier today showed that the US is making decent progress on the employment front and demonstrating that the US economy is recovering better than expected. Non-farm payroll figures are probably the most important and closely watched economic figures watched by the financial markets. Figures released showed that the US economy […]

Understanding Breakout Trades

December 5, 2013 8:18 pm GMT+0  in Forex Articles

When a price breakout occurs, the market is telling you that the paradigm has shifted and that the previous idea of what was an appropriate value for the currency is now being revised higher or lower.  The market is also telling you that we can expect prices to continue in the same direction (the direction […]

The BoMACD Trading Strategy

December 5, 2013 8:12 pm GMT+0  in Forex Articles

Broadly speaking, the BoMACD trading strategy uses two of the most commonly used technical indicators in the forex market:  The Moving Average Convergence Divergence (MACD), and Bollinger Bands (The “Bo” in the system).  If you have any experience trading in the forex markets, it is highly likely that you have heard of one or both […]

Common Themes in Common Trading Mistakes Part 2

November 23, 2013 6:41 pm GMT+0  in Forex Articles

In the first part of this article, we outlined some of the most common trading mistakes, and the some of the underlying traits that are exhibited by traders making those mistakes.  The unfortunate reality is that most traders fall into very predictable traps that could have (should have) been otherwise avoided.  But when we fail […]

Common Themes in Common Trading Mistakes Part 1

November 23, 2013 6:39 pm GMT+0  in Forex Articles

There is a famous saying that the definition of insanity is repeating the same negative actions and expecting different results.  This is more true in the financial markets than just about anywhere else.  The main evidence for this is the fact that so many of the mistakes commonly made by traders exhibit strong similarities.  These […]

Markets surprised by ECB rate cut

November 7, 2013 2:12 pm GMT+0  in Forex Articles

Today’s interest rate cut by the European Central Bank caught many by surprise with the Euro slumping by over 150 points against the US dollar. Just over a week ago, the Euro was trading at over 1.38 against the US dollar. A few minutes ago it was around 1.3330. A substantial fall in such a […]