This would be a great pleasure for me to share my experience of forex on with you .I am trading forex for last two years. I spent 8 hours a day with including 4-5 hours of analyzing forex trends and patterns and what I learned is really priceless.
Saturday, May 28, 2011
Wednesday, May 25, 2011
Base currency and quoted currency in Forex
As we all know that in Forex one currency is traded against the other. So, the currency trading is done in pairs. And these pairs consist of two currencies one is Base currency and the other is Quote currency which are defined below.
What are Ask price, Bid Price, Spread and Pips in Forex?
What is Ask price in Forex?
This is the price of the base currency (in terms of quoted currency) at which an investor is going to buy the currency price. In simple words we can say that this is the price at which we buy base currency by paying in quoted currency.
For example: there is a pair EUR/USD, the ask price is quoted as 1.4362 simply means that
Major Currency pairs in Forex and Forex Currency Crosses.
Before entering the Forex market you should know, which currency you have to trade and why? And most important are the timings to trade them as Forex Market is open 24 hours a day but then also there are few sessions when there is high liquidity in the market, which increases your chance maximize the profits trading those breakouts in the forex market.
Major Currencies and Major Currency Pairs
There are eight major currencies in Forex market. They are called majors as they are responsible for approximate 85 % of the
What is Forex? An introduction to Forex history and background along with Forex basics.
What is Forex? Forex history and background of Forex
Before you start learning about anything you must be familiar with the history and the background of that particular thing. As you want to learn Forex you must have the knowledge of what Forex actually is? How did it emerge? And how is it regulated and traded worldwide?
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| currency in earlier times |
Forex simply means Foreign- Exchange. Forex, also known as Fx is the world’s largest market today. Forex is a very old concept of trading which continued for centuries with the
What are the benefits of trading Forex Market; Stock Markets vs Forex market
Before starting any business we try to find out the benefits of it. Below are the top most benefits of trading Forex market. This will clear the picture of the potential of this market in front of you. And this is an answer to those who keeps on asking, why I should trade Forex market if I am already a stock trader. So here we go now
My experience of trading Forex
This would be a great pleasure for me to share my experience of forex on Hubpages .I am trading forex for last two years. I spent 8 hours a day with including 4-5 hours of analyzing forex trends and patterns and what I learned is really priceless. These past two years gave a new direction to my life. Most of the people even don’t have any Idea about forex. You would be surprised to know that 90% of investors and traders are wasting their time and money as well. But what about the rest 10%, they are trading
Tuesday, May 24, 2011
Sunday, May 15, 2011
About this Blog
My dear friends, The aim of creating this blog is very simple and direct. It will help you in two ways, one is that whatever knowledge you will get here is written by a trader (me) with having 2 years of experience in forex trading. And secondly you will get only what you need to learn Forex so that you can trade it to earn your living. Yes it is very true that if you are eager to learn than you can trade forex to generate profits constantly
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