Forex Beginner

Recent Definitions

Fundamental Trading: The Major Currency Drivers

April 25, 2012

Economic releases and news events are a huge force in the forex market. The U.S. GDP numbers and the Non-Farm U.S. Payroll numbers can send ripples across...

What Does It Take To Be A Professional Forex Trader?

February 20, 2012

A lot of stats get thrown around in today’s world. A common one is that 90-95% of all retail forex traders lose money. Whether it is accurate or not, it...

Forex Basics: Types of Charts

February 19, 2012

Whether you are trading on fundamentals or technicals, currency trading inevitably involves looking at charts. In this article, we’ll look at the three...

Forex Trading: How To Choose Your Timeframe

February 12, 2012

If you are using a chart to trade forex, you are likely already familiar with the difficulties of choosing a time frame. In this article, we’ll look at...

Introduction to Fundamental Analysis

January 26, 2012

Currency trading is usually seen as a technical art in that the majority of the trading volume is assumed to be the result of market participants buying...

What is the Difference Between a Tick and a Pip?

November 07, 2011

Pips and ticks are easily mixed up by first-time currency traders – especially if you are coming from a stock market background. A tick in currency...

Top 10 Mistakes That First Time Forex Traders Make

October 14, 2011

Making mistakes is important. In a very real sense, we learn by trial and error, so making mistakes is part of that process. In forex trading, however,...

A Beginner's Guide to the Forex Market

August 24, 2011

In this article, we will cover the basics of the forex market – what it is, what it does, how it works and why you should invest in it – as well as look...