Forex Trading Information

FOREX — the foreign exchange (currency or forex, or FX) market is the and the most liquid financial market with the daily volume of more than $3.2 trillion. Trading on this market involves buying and selling world currencies taking the profit from the exchange rates difference. Forex trading can yield high profits, but it is also very risky. Everyone can participate in Forex trading via the Forex brokers.

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Latest Forex E-books
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Latest Brokers' Reviews:
victoria from nigeria writes about Forex-Metal:

they have an excellent support system. funding is done quickly. I have not withdrawn yet but I am sure they will be just as fast. the reason they are not popular is because they expect their performance to speak for itself and I can assure you that i...
Rod Davis from Texas USA writes about MB Trading:

Meta 4 now available and its really amazing. I post an offer or bid and see it reflected between the spread of banks right on the market depth window. Absolutely amazing!
Ben from Canada writes about eToro:

I am a trader with eToro and also an affiliate. It is the most reliable forex company I worked with. My partners commissions are also paid on time. As for the trading, I teach my treaders to trade with eToro and they are glad with the cervices and su...

Latest Forex News
Canadian Dollar Deepens Losing Streak
Thu, 19 Nov 2009 15:39

It has not been a favorable day for the Canadian dollar as stocks went down globally, the crude oil, one of the nation’s main export tumbled, and more risk averse traders opted for the safety of Canada’s counterpart currency in the United States.

Yen Gains on Bearish Stocks Session
Thu, 19 Nov 2009 14:11

The Japanese currency was one of the biggest winners together with the U.S. dollar in trading markets this Thursday, as stocks fell globally, declining appeal for higher-yielding currencies as risk aversion rose, favoring the safety profile of the yen, considered the top refuge currency in days of pessimism.

Mexican Peso Advances as Rates Won’t Be Cut
Wed, 18 Nov 2009 17:39

The Mexican peso had a positive performance today versus the greenback as interest rates are unlikely to have further cuts, attracting investors to inject capital in the North American country.

Gold, Oil Force Canadian Dollar Up
Wed, 18 Nov 2009 17:31

The Canadian dollar continued to trade high maintaining yesterday’s gains versus the U.S. dollar as gold reached a record high, raising attractiveness for Canadian commodities.


Latest Glossary Entries
RSI (Relative Strength Index) — indicator that measures of the power of direction price movement by comparing the bullish and bearish portions of the trend.
CCI (Commodity Channel Index) — a cyclical technical indicator that is often used to detect overbought/oversold states of the market.
ADX (Average Directional Index) — standard technical indicator that measures the strength of a trend.