Imagine being able to practice trading on a live account without risking 1 cent of your own money. When you trade through Marketiva this becomes a reality. You can receive an instant $5 Live and $10,000 Virtual credit when you open your account at Marketiva. This $5 is a gift, intended for you to experience live forex trading through Marketiva without any obligations to fund your account. -
Fundamental Trading
Posted on May 19th, 2009 2 commentsTwo Types of Trading
There are 2 basic types of analysis you can take when approaching the forex:
- Fundamental analysis
- Technical analysis.
There has always been a constant debate as to which analysis is better, but to tell you the truth, you need to know a little bit of both. So let’s break each one down and then come back and put them together. Read the rest of this entry »
-
Technical Trading
Posted on May 18th, 2009 No commentsTechnical Analysis
Technical analysis is the study of price movement. In one word, technical analysis = charts. The idea is that a person can look at historical price movements, and, based on the price action, can determine at some level where the price will go. By looking at charts, you can identify trends and patterns which can help you find good trading opportunities. Read the rest of this entry »
-
General Info
Posted on May 16th, 2009 No commentsMajor and Minor Currencies
The eight most frequently traded currencies (USD, EUR, JPY, GBP, CHF, CAD, NZD and AUD) are called the major currencies. All other currencies are referred to as minor currencies. Do not worry about the minor currencies, they are for professionals only. Actually, on this site we’ll mostly cover what we call the Fab Five (USD, EUR, JPY, GBP, and CHF). These pairs are the most liquid and the most sexy. Read the rest of this entry »
-
Know Your Profit and Loss
Posted on May 14th, 2009 No commentsHere is where we’re going to do a little math. You’ve probably heard of the terms “pips” and “lots” thrown around, and here we’re going to explain what they are and show you how they are calculated.
Take your time with this information, as it is required knowledge for all Forex traders. Don’t even think about trading until you are comfortable with pip values and calculating profit and loss.
What is the Pip? Read the rest of this entry »
Chat With Our Support
4 guests, 0 members
Max visitors today: 6 at 07:32 am UTC
This month: 9 at 03-10-2010 02:59 am UTC
This year: 25 at 01-27-2010 10:27 am UTC
All time: 25 at 01-27-2010 10:27 am UTC