Welcome to The Ultimate Trading Guide
Day Trading Fx Technical Indicators Article
This is a selection made from among articles on Day Trading Fx Technical Indicators. For a permanent link to this article, or to bookmark it for future reading, click here.
Interested in FOREX Trading?
from: Jill Kane
The Foreign Exchange Market (FOREX) has no central exchange location yet it is the largest financial market in the world. It is over 3x's the size of the stock and futures markets combined and operates via an electronic network of a banks, corporations and investors.
Foreign exchange consists of a simultaneous buying of one currency and selling of another. Currency is traded in pairs, in other words, one currency is traded for another. The major currencies are:
- USD - United States Dollar
- EUR - Euro members Euro
- JPY - Japan Yen
- GBP - Great Britian pound
- CHF - Switzerland franc
- CAD - Canadian dollar
- AUD - Australia dollar
There are 2 types of investors involved in the FOREX market.The first type of investor is the hedger. The hedger is involved in International trades and utilizes FOREX trading to protect their interest in a transaction from adverse currency fluctuations. The 2nd type of investor is the speculator who invests in currency solely for profit.
Currency prices fluctuate due to a variety of economic and political factors. The major factors are:
- Interest rates
- International trade
- Inflation
- Political stability
There are many reasons investors take a great interest in FX trading Some of the major reasons are:
- No fees
- No middlemen
- No fixed trade sizes
- Low transaction cost
- High liquidity
- Instant transactions
- Low margin / High leverage
- 24 hour market
- Online access via online trading platforms
- Always good opportunities to trade, unlike the stock market the market is never bullish or bearish.
- No one entity can control the market
- No insider trading can occur
To begin trading in the FOREX market, an investor only needs a computer, a high-speed internet connection and an online trading currency account. A mini account can be opened for as little as $100.
These are some of the reasons why FOREX trading has become quite popular in recent years. For more information on getting started in FX Trading visit http://www.fx-trading-guide.com/
About The Author
Jill Kane
Interested in FOREX Trading? Find out all about this increasingly popular type of investing at www.fx-trading-guide.com.
 |
 |
Day Trading Fx Technical Indicators News
US Treasuries rally on renewed financial market stress - FXStreet.com
On Monday, despite the closure of the UK market and thinner trading conditions, global bonds had a strong session eking out juicy gains, helped by safe haven buying as equities hit the skids. The credit crisis obviously remains the key driver in the ...
Read more...Dow Jones Falls 241 points, Dollar Rallies against Commodity ... - DailyFx
The U.S. dollar had a mixed performance on Monday during a trading session with very low liquidity since London financial markets were closed for a public holiday. The greenback was particularly strong against commodity currencies like the New ...
Read more...Top 5 Most Market Moving Indicators for the US Dollar - DailyFx
Aug 25 - British Pound Speculative Shorts (COT) Highest on Record Aug 25 - Forex Forecast: 5 Key Events for the Market This Week 08-25-08 Aug 22 - Forex Trading Weekly Forecast - 08.25.08 Aug 22 - British Pound Vulnerable to Sharp Pullback Next Week ...
Read more...Financial Market Troubles Worsen, 75bp Fed Cut More Probable - DailyFx
Aug 25 - Forex Forecast: 5 Key Events for the Market This Week 08-25-08 Aug 25 - Forex Trading Weekly Forecast - 08.25.08 Aug 25 - EUR/GBP Short-Term Technical Outlook (update) Aug 25 - Guest Speaker: Andrew Spanton's European Wrap Up, US Market ...
Read more...