Currency Trading Basics for Beginners

By Forex Illusion
All that you need to get started is a high speed web connection. You don’t even need any funds if you need to practice in demo mode at the start. Of course we all wish to make plenty of cash in a short time but the reality is that without having a lot [...]

Posted on June 28, 2010 at 5:21 pm by 51cat · Permalink · Leave a comment
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The Simple Way to Follow The Trend in Forex

Noobs frequently have a betting mindset. They don’t have the patience to wait for the best opportunity: they want to be in the market all the time, even if it implies making more losses. They are going to jump in at the slightest indication without checking other factors, and they often use [...]

Posted on June 27, 2010 at 5:21 pm by 51cat · Permalink · Leave a comment
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Forex Day Trading Tips for Scalping

If you are a beginner, it’s best to get your experience in longer term trading systems before trying scalping. Newbies often have trouble handling the losses and may panic under pressure, making bad decisions for the outcome of their trade. Some folk feel more comfortable with currency exchange day trading techniques, including scalping, [...]

Posted on June 21, 2010 at 1:21 am by 51cat · Permalink · Leave a comment
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Is the Currency Market Open All the Time?

Original article by Forex STF
It’s important to grasp the forex trading times if you’re going to start trading currency on the forex market as a pursuit or a technique of making some extra money. Foreign exchange is a global market so it crosses many alternative time zones. The forex market is open twenty-four [...]

Posted on June 17, 2010 at 1:21 am by 51cat · Permalink · Leave a comment
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Watch Out for Forex Demo Accounts

Original article by Forex Trading Buddy
Many new currency exchange traders will join up with pretty much the 1st broker they come across, thinking there’s no need to be engaged with a large amount of research to find the best foreign exchange broker now because they are going to start out in demo anyway. No [...]

Posted on June 11, 2010 at 5:21 am by 51cat · Permalink · Leave a comment
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Currency Trading Predictions or Forex Trends

Currency exchange trends and foreign exchange prophecies are not a similar thing. A system that is founded upon trends involves having a look at charts to see what the price movement has been over the past few periods. In this manner it is usually possible to identify a long term trend of [...]

Posted on June 6, 2010 at 5:21 pm by 51cat · Permalink · Leave a comment
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