After going all the way through the pip School and doing a bit of demo trading, in so far as seems reasonably true one thing you’ve noticed about trading currencies – it’s always about the US Dollar! Isn’t it?

With central banks across the world keeping back trillions in USD reserves, commodities priced in the Greenback, [...]

ForexGen

Every one of us loves gold - how can one not love it? It’s shiny, metal, and makes pretty cool jewelry. In addition to that, gold is used in many, many applications like highly conductive wiring, reflective coating, and dentistry -

In the world of finance, gold is attentively viewed as having a safe against inflation [...]

Besides increasing the strength of your losses, leverage also has another way of killing you.  It’s a much slower kind of death, though, kind of like being continually occurring open to view to high levels of radiation. Most traders don’t see it coming till they are dead.

This killer I’m talking about is the combined transfer [...]

Assume you are a successful retired British spy who now spends his time trading currencies. You open a standard account and deposit $10,000.
When you first login, you will see the 10,000 in the “Equity” column of your “Account Information” window.
You will also see that the “UsedMrg” (’Used Margin’) is “$0.00″, and that the “UsblMrg” (’Usable [...]

A trading psychology, it is  based on how well you know yourself and are able to gain from your strong points, as well as to have power over you weak ones, has much to do with how successful trader you will be. When you really know yourself, then you are familiar of how you are [...]

Now that we know what the basket of currencies are, let’s get back to that “geometric weighted average” part. Because not every country is the same size, it’s only fair that each is given appropriate weights when calculating the U.S. Dollar Index. Check out the current weights:

As you can see, with its 12 countries, euros [...]

In this section we will show you how to use the Commitment of Traders (COT) reports to accomplish this goal as we will skillfully explain how to break down the COT data into producers, consumers, and funds so you understand the positions and activities of these key market participants. In addition, you will be able [...]

Sentimental analysis is what it sounds like – gauging the market sentiment.  What does that mean?  Well, as traders, a part of our job is to determine if a market is bullish, bearish, overbought, oversold, and to plan a trade for those market conditions – basically putting all of the things we’ve learned up until [...]

As much as we knew about the news trading, we should know all about the risks that we may face,
Slippage

Is the difference between the price a trader expects to be filled at, and the price they are actually filled at.
As an example, the Market volatility can increase geometrically during news releases, which means the [...]

Trading news requires considerable patience. By standing away from the most releases, you have to know which releases are actually expected that week, You do not have to pay attention to every single report just pick and choose.
Here we will discuss on U.S. news and economic reports because the U.S. dollar is involved in a majority [...]