Today's Forex News
Featured Online Forex Article
Let's Talk About Forexforex signals
You can start playing the currency trading market with real market conditions immediately. Trading opportunities in the forex currency trading market are now available to individuals through technology interfaces such as those used by major currency trading brokerage firms (usually large corporations with big tummies). If you decide to hire a professional who takes advantage of this technology, you will be able to view your accounts' closed trades 24 hours per day through a secured, online access portal.
forex software
Like any other trading system and method, Forex trading system boils down to risk versus reward. How much capital you are willing to put at risk for a given level of return should be your top consideration. Beyond that, one must consider costs, trading activity, and markets traded before investing. Indeed, Forex trading system is a good mix of art and science - art because it comes through practice, and science, because it has certain rules, regulations and principles to be followed. Knowledge as well as technology plays a very vital role in every decision you take.
More info on a great
Forex system
foreign exchange converter
In short, EUR/GBP and GBP/CHF are leading indicators for EUR/USD and USD/CHF, and GBP/JPY, EUR/JPY and CHF/JPY are leading indicators for USD/JPY. EUR/JPY plays a very important role in EUR/JPY direction too, while GBP/JPY plays the same role for GBP/USD. For example, yesterday?s EUR/USD weakness largely started from EUR/JPY sales keeping EUR/USD and USD/JPY downwards. As a rule of thumb, if EUR/USD does not move but EUR/GBP moves first, it is a good indicator that someone is maneuvering in EUR/USD front in the same direction later, and when EUR/USD moves but EUR/GBP does not move first or in tandem, then it is highly likely EUR/USD move is countered by its opponent and the opposite move is highly likely soon. Same applies in USD/JPY and EUR/JPY, GBP/JPY front in the same fashion. Imho. Good trades.
The Latest Online Forex NewsBoth banks hold ratesFri, 09 Nov 2007 08:35:18 GMT
Forex Software
Forex News
Forex Day Trading
Labels: Global Forex Trading | What Is Forex