Daily Analysis
EUR/USD: This market has been moving steadily in the...
The Weekly Probability is Bullish as price is making higher highs and the down Inner Trend Line was broken. Next meaningful Weekly resistance is at 1.1800 which is a Psychological level and the Weekly down Outer Trend Line. On the Daily chart I can see that there is an UP AB Boundary and the Fibonaci D Extension was hit. The Daily Fibonacci D Extension formed a confluence w ...
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Broker Reviews
Easy Markets Review
Traders across the globe have jumped on board this brand because the management team already earned a reputation for transparency and simplicity. ...
Read Full Review24FX Broker Review
The leading “best practices” observed in the Forex industry are also incorporated in 24FX. Since it is an ECN/STP broker, minimal slippage and...
Read Full ReviewFXPrimus Review
The firm was established in 1999 by former traders from Retail and Hedge Fund sectors. Its goal is to bring the power of high-frequency processing to...
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Formax has a “Straight Through Processing” (STP) technology that routes directly to major liquidity providers such as banks and larger Forex...
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Forex Glossary
A Guide to Using Forex Brokers
A number of traders use the services of a brokerage firm to handle the majority of their trades. This is just as true with Forex. Forex brokers
Continue ReadingHow to Trade Forex for Free
Most forex traders start trading rather conservatively, starting small and working up in volume and size of capital. For the new trader breaking into
Continue ReadingForex Trading Mistakes to Avoid
Getting your feet wet in the Forex market can be kind of like swimming with sharks. Right now, you probably feel like a minnow. Don’t worry – we
Continue ReadingSpread
The difference between the bid and offer (ask) prices, which is used to measure market liquidity. Narrower spreads usually signify high liquidity.
Political Risk
Changes in a country’s governmental policy that may have an adverse effect on an investor’s position.
Mark to Market
The process of valuing a trader’s book at the end of each market day, using the closing market rates or revaluation rates. Any profit or loss is booked and the trader will start the next day with a net position.
