Search results (15)
What is Forex?
Trading conditions
Where can I learn about Forex trading?You can explore the Beginners section on our website, where you'll find plenty of useful information about the Forex market. Additionally, you can download a trading platform and open a demo account. Tr...
Indicator
Forex education
Indicator is a signal of some trend changes in the market. You can use different indicators of technical analysis when working on the foreign or stock exchanges, but it is not recommended to use more than three. To understand indicators bet...
Chapter 3. Currency designation in the Forex market
Forex education
In the physical retail market, we sell goods for money. How does it work in the forex market, where the money is a commodity? It is simple: in the Forex market, we trade one currency against the other. It means that several units of one cur...
Chapter 15. Difference between forex trading and gambling
Forex education
There are many articles on the internet in which trading on Forex is compared to gambling in casinos, and in particular, to roulette. The authors of these articles bring out different proofs, citing mathematical extracts from the theory of...
Hedging
Forex education
Hedging is the parctice of protecting client's funds from unfavorable price fluctuations by opening a position in a contrary or opposing market. Hedging: ensures protection from possible losses by the time of forward deal settlement; provid...
Swing trading
Forex education
The purpose of swing trading is to catch gains in the long term. This is the main difference between this method and intraday trading. Swing traders take profit every 3 to 5 days. The majority of the world's most successful traders use this...
Price, trading volume and open interest
Forex education
The price is not the only weighty factor to be considered while analyzing Forex market. Besides the currency exchange rate, its trading volume plays an important role, too.There is the postulate of the Dow Theory that tells that the trend m...
Exponential moving average
Forex education
Another type of [[Moving Averages|moving average]] is the Exponential Moving Average (EMA). It can be considered as weighted MA which weights are decreasing exponentially with the remoteness of the trading period taken for calculation start...
Chapter 1. Introduction
Forex education
Until the 1970s, the exchange rate of a particular currency was determined by the country's gold reserves. That was due to the fact that global markets were regulated by the gold standard. Each currency had its equivalent in a troy ounce. H...
Chapter 2. Forex market participants
Forex education
It is vital to understand what part a private investor plays in the global currency exchange market before starting trading forex. Giving an insight into the types of forex participants, as well as their influence on the market, will help y...