Monthly Archives: September 2012

Exchange Money Rate

As the name would imply, the exchange money rate, also called the foreign exchange rate, the forex rate or the currency exchange rate is the rate at which one currency can be exchanged for another. As such, exchange rates are always quoted in pairs, between two currencies, with a bid price and an ask price for each currency against the other; the difference between the bid price and the ask price is also known as the spread. This spread between the offer and sale price for any currency pair will comprise the profit margin for intermediaries, such as banks, brokers and forex dealers, who execute forex transactions for their retail and institutional clients.

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What Is the Best Type of Forex Platform?

Best Forex PlatformsThe determination of which forex trading platform is the “best” will of course be subjective. Depending on the type of trader that you are (short term scalping? going long with the trends? highly analytical? In need of the platform to provide your analytics?)  and the type of trading strategy that you use, what’s best for you might not necessarily be what’s best for someone else. It’s a personal choice that has everything to do not only with the platform itself, but also with the forex broker offering the platform in question, and as such, the best type of forex platform for you will be closely tied to the choice of the best broker for your needs.

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Indicator Of Forex Market Economy

Indicator Of Forex Market Economy

Don’t let yourself be misled by the use of the word “indicator”: market economy indicators are not the same analytical indicators utilized by traders, such as stochastics or moving averages, to plan their market entry and exit points and confirm their hunches, but rather, market economy indicators are bits of economic data and information released by governments and private sector interest groups which summarize various aspects and facets of a nation’s economy and as such, serve as a reflection of the given country’s economic health, wealth and prospects. The release of these indicators has a significant impact on the forex markets both in terms of substance as well as in terms of timing and in fact, play a major role not only in forex pricing but in forex forecasting, forward trading and the pricing of forward forex options as well.

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Foreign Exchange Education

If you’re involved in any kind of investing then you already know how important it is to remain informed of trends, developments, news and techniques that can have an effect on your returns (and ultimately, on your portfolio). Nowhere, however, is the need for continual education and for continually remaining abreast of news and developments as paramount as in the realm of foreign currency trading, wherein external stimuli can cause the quickest movements in price, while the quickest and smallest movements in price of only a pip or two can correspondingly wipe out a retail forex trader’s profit…or make his day. In forex trading, staying on top of economic and political news and developments and educating yourself as to their effect on your chosen currency pair(s) is an ongoing requirement, without which it would be impossible to optimize your forex trading gains.

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How To Guide To Forex Hedging

Hedging is a financial strategy that has applications in a wide variety of investment scenarios and can be implemented in any investment or trading situation where rapid and potentially large price fluctuations can summarily wipe out an investor’s profit from one minute to the next, such as in the trading of commodities and the trading of foreign exchange. It is the process of making offsetting investments in order to mitigate the risk of loss resulting from these rapid price changes, and is a particularly effective strategy when properly utilized in the context of retail forex trading. In forex trading, hedging involves the buying or selling of currency pairs in order to protect your position against movements in the market that are contrary to your interests and your bottom line.

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