Category - Forex

How to Trade Various Forex Pairs - Only Proven Ways

How to Trade Various Forex Pairs –...

Each Pair Requires a Different Method Currency pairs tend to work in slightly different ways, and in some cases the differences can be profound. This means that one strategy may work well on EURUSD and yet it may yield too many false signals on...

Difference between Forex and CFDs

Difference between Forex and CFD

Trading Forex Trading forex is very interesting to many investors and day traders, and the brokers offering forex trading come in many different types. Mainly you see MM (Market Maker) type brokers, STP (Straight through Processing) type...

Fibonacci Numbers in Forex and Stock Trading

Fibonacci Numbers in Forex and Stock Trading

Fibonacci Basics Fibonacci numbers are based on the actual sequence of numbers, as defined by Fibonacci himself. The theory says that a series of numbers 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89 etc, is a series where each number is the sum of...

Forex Trading in Islam - Halal or Haram

Forex Trading in Islam – Halal or...

Is Forex Trading Allowed in Islam? Sharia law states that only physical trading is permissible and that traders are not allowed to profit from interest rate differentials. This means that Carry forex trading is not allowed in Islam, neither is...

How to Read Forex Candlestick Charts

How to Read Forex Candlestick Charts...

Why Use candlesticks Candlestick charts are easier to visually observe, and it’s easier to detect patterns on them. They are in my opinion more effective than other types of charts, and I do use them myself. There’s however a misleading...

How to Trade Forex For Newbies

How to Trade Forex – For Newbies

How to Really Trade Wisely When You are a Novice Trader New traders need to learn few basic things about the forex market, and then apply these to their everyday analysis and trading plans. The very first thing you will need, is access to a...

Basic knowledge and Skills Useful for Forex Trading

Basic knowledge and Skills Useful for Forex...

Basic Skills for Forex Trading Forex trading is a peculiar endeavor, where no single magic bullet type of solutions exist. Some methods for trading forex are better than others, but no perfect way exists. Some traders use ultra analytical...

Daily Profitability of Beginners in the Forex Market

Daily Profitability of Beginners in the...

What Beginner Traders Can Really Do Beginner traders tend to make many mistakes and jump from one currency market to another, which leads to a loss of focus and strategy. There are beginners however who do these things, and still trade...