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Currency Pairs, What Forex Traders Should Know

It is impossible to explain forex trading without mentioning currency pairs. Term “Currency pair” refers to two currencies which is traded one against another. It is written in a mixed codes represent both traded currencies codes.
For example, to represent currency trading of British Pound Sterling against US Dollar, we write and or call it GBP/USD [...]

Northfinance Stops Operating

As I noticed earlier, Northfinance said though they wouldn’t accept any new client, they would still keep serving old clients. Then surprisingly yesterday I received an official message noticing that Northfinance has officially decided to stop operating by the 1st June 2008.
Below is a copy of the official email.
Dear,
We would like to thank you [...]

Daily Free Forex Signals 07-02-2008

Today’s Forex Signals 07-02-2008
Best time to place this order: 05.00 GMT
GBP/USD
Stop/Limit/Market Order
sell @1.9586
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.9606
Below is previous (06-02-2008) trade and it’s result:

Daily Forex Signal 18-01-2008

free forex trading signals for GBP/USD
Today’s Forex Signal 18-01-2008
Best time to place this order: 05.00 GMT
GBP/USD
Stop/Limit/Market Order
sell @1.9678
Set Stop Loss @ -30pip
Set Profit Target @ 20 pip
Daily Pivot: 1.9698
Below is previous (17-01-2008) trade and it’s result:

Strategy 10:Low Risk-High Return Currency Trading

This article is intended to help you trade currency profitably and happily. If you are not a happy person, then you need to take a look at your life, write down some goals, talk to a mentor and then eat a huge bowl of crickets. You will feel better immediately.
A Bear Chased Two Hikers
One hiker, [...]

NFA - Introduction to Forex-part 2

You can read the part 1 of this articles in NFA-Introduction to Forex
How does the off-exchange currency market work?
The off-exchange forex market is a large, growing and liquid financial market that operates 24 hours a day. It is not a market in the traditional sense because there is no central trading location or “exchange.” Most [...]

NFA - Introduction to Forex

National Futures Association is a congressionally authorized self-regulatory organization of the United States futures industry. Its mission is to provide innovative regulatory programs and services that protect investors and ensure market integrity.
This article is copied from NFA official release contain some basic information of forex from NFA perspective. It is a good reading to start [...]

Base Currency

In forex trading base currency refers to the first currency quoted in any currency pairs . Take GBP/USD currency pair for an example, the Great Britain Pound is the base currency and the U.S. dollar is the quote currency. The price represents how much of the quote currency is needed for you to get one [...]

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