Showing posts with label Forex. Show all posts
Showing posts with label Forex. Show all posts

Thursday, April 25, 2013

Currency trading platform

A type of trading software used to help currency traders with forex trading analysis and trade execution. Currency trading platforms provide charts and order-taking methods. As with trading platforms used for trading other securities like stocks or futures, most can differ greatly and can vary in cost.There are many currency trading platforms in the marketplace, but some things to look for include fee structure, functionality, product quality and included products such as charts etc. 
Most forex brokers allow you to open a demo account prior to funding a full account or mini account. Be sure to try out each broker's software during their trial periods to help you better decide which forex trading platform is the best for you.

Wednesday, September 26, 2012

The over the counter currency exchanges around the world that perform coversions between different national currencies, and help to determine comparative values of the currencies,  The currency market facilitates international trade by providingexchanges for investing across markets valued in different currencies

Sunday, July 10, 2011

Trading Rules for Forex

  •  Built your own strategies using 5 minute charts, hourly charts ,daily charts or even weekly charts.
  •  Free informations available by charts, live news, researches (www.fxstreet.com).
  • Customise lots sizes
  • Customise leverages
.

Sunday, June 5, 2011

Forex Chart Types

LINE CHART
  • Considered the most simple chart, based on closing prices over the desired time period.
  • The assumption underlying this chart is that the most significant price is the closing price - we only refer to the "bottom line"
  • Better for long-term trading
  • Recommended for pattern identification
BAR CHART - OHLC
  • Shows for each selected time frame the high, low, open and close prices.
  • The high and low prices are shown on the bar respectively; the open price is the short horizontal line to the left and the close price – to the right.
  • The major advantage in this presentation is the indication not only of prices, but also of the trading range for the given time frame.

Saturday, May 28, 2011

Forex Market

The Foregin Exchange Market is the Place where currencies are traded. The huge demand for the foreign exchange is the reason why the forex market is the largest and liquid financial market in the world. One unique characterisitc of this market is that there is no central market place for currency exchange. Trading is conducted electronically over-the-counter (OTC), which means all transactions occur via computer networks between traders around the world without central exchange.