A small site dedicated to providing educational material on online forex trading that's fun and easy to understand. Our forex course goes through everything from how to place an order to what economic factors determine the direction of currecy prices. Share us with your friends and help spread the word.
A commander can win a battle every once a while by chance, but without adequate logistics, he's doomed to fail eventually. Similarly, a fortunate forex trader may be profitable now and then with well devised strategies, but without sufficient skills in money management, he's certain to fail much of his investment in the end.
Currency Pairs are what stocks are to stock traders with one important difference. Unlike stocks, a currency does not have a fixed price. We can quote the price of the U.S. dollar by referencing the Euro, the British Pound, the Yen, or even gold or silver, while the price of an American company can only… Read More
The Gross Domestic Product Report, released by the , is one of the most crucial releases analyzed by traders. Apart from providing a snapshot of production in the past quarter, the release provides important data on inflation, employment, and consumption, all of which are considered by the Federal Reserve in the setting of monetary policy.… Read More
Forex scalping is a high risk strategy in which the trader enters multiple short term positions with the expectation that the small gains made in each trade will in time accumulate to justify the time and effort devoted to the task. Scalping is a popular method because of its ease, and the psychological comfort it… Read More