FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

How Spread Structure Affects Your Bottom Line as a Trader Fixed Spreads vs. Variable Spreads When looking for a prospective broker, it is important to research how they price their spreads. Over time, the spreads that a trader pays ends up costing a significant amount, and should be a key consideration when choosing a Forex broker. Forex brokers generally offer two types of trade spreads, variable or fixed. So, which is the better option? Opinions differ amongst traders and it does depend on

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Even when traders embody substantial technical and fundamental knowledge, risk prevails without the proper understanding of the larger probability/volatility paradigm behind currency trading. Here, traders are encouraged to boldly challenge typical preconceived notions of charting, in an effort to see beyond the fallacy of technical analysis. In the end, traders who understand descriptive statistics will find greater clarity and perception of volatility, before it even appears. Words of

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Forex market is a place with endless possibilities. And not just financials. By trading currencies you are learning to understand yourself, you find your strong and weak points. Some traders claiming that if you now how to trade the market, you gain financial and personal freedom. Yes, if you are making money by trading, certainly you have a possibility to live your life as you wish, but one thing is not complete correct by saying if you know how to trade – you gain freedom. It is opposite: if

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

The credit and stock markets have been boiling over recently and especially over the last few days. This volatility is also clearly evident in the forex markets, where we are seeing wider spreads on spot prices and roll over rates. Spreads are perceived as a charge by the broker or bank, but this is not 100% accurate. The bid offer spread is a reflection of the liquidity in the overall market; not just one bank’s liquidity. The more players in a particular market the narrower the bid / offer

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Index of contents Forex Basics Technical Analysis Forex Strategies Market Psychology Education Related Topics FEATURED BOOK The Swing Traders Bible Title: The Swing Traders Bible: Strategies to Profit from Market Volatility Author : Mark Whistler and Matthew D. McCall Synopsis : The Swing Trader’s Bible provides traders with different strategies to capitalize on market fluctuations. The majority of the time, most markets move sideways, with no discernible long-term up or down trend. The key to

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

About the Authors Mark Whistler is the Senior Market Strategist at TradingMarkets.com; bringing traders timely buy and sell ideas through Forex Force. Mr. Whistler can also be seen on CNBC from time to time, discussing various facets of investment markets. As the founder of WallStreetRockStar.com and is the author of: Trading Pairs, Trade with Passion and Purpose co-author of Profit From China and Profit From Uranium and is currently working on his newest book, The Swing Trader’s Bible

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Trader's Journal magazine (September 2008 issue) The author, John Needham, is a Sydney Lawyer and Financial Consultant. He publishes The Danielcode Report and writes occasionally on other markets. He lives with his family in Australia and New Zealand. John Needham continues to explain how the Danielcode provides early notice of support and resistance levels. All forms of analysis work some of the time but none work all of the time so traders are always in search

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Trader's Journal magazine (September 2008 issue) The author, Charles ‘Chuck’ LeBeau, began trading his first commodity system in 1963 and has been an active systematic trader in the stocks and futures markets for more than forty years. He is the co-author of Computer Analysis of the Futures Market (McGraw-Hill, 1991). It is considered to be a classic work in technical analysis and is published worldwide in seven languages. Chuck LeBeau discusses the use of exit

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Trader's Journal magazine (Aug 2008 issue) The author, Kevin Teeple has appeared as a featured expert on CNN, Bloomberg, the FOX Network in addition to the NASDAQ’s market site in New York City. Days after the attack on the World Trade Center, Kevin was honored to be one of a select few appearing on the CNN Financial Network to respond to the questions and concerns of Americans regarding their investments, the market and the economy. Kevin Teeple shares the steps

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Trader's Journal magazine (Aug 2008 issue) The author, Teresa Appleton is the founder and CEO of TradeLogic, LLC. She started trading while pregnant with her first son (Troy) and not only was that a blessing it was the start of a new career. 1997 was the big market boom when you could hear grandmothers talking about trading at the grocery store. Teresa is self-taught and reading for hours to her newborn (trading books of course, not Dr. Seuss) helped to keep her

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

There's a lot of confusion out there in the markets right now. But I want you to know that my stance hasn't changed one bit — I continue to think dividend superstar stocks are a great way for income investors to lock-in attractive yields right now, and potentially reap even bigger gains down the line. I also continue to like inverse exchange-traded funds as a way to hedge your dividend positions. They can offset losses from market downdrafts and allow you to continue collecting your dividend

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Fear is a very powerful emotion and in trading it can lead us to large errors if we allow it to do so. If we truly understand that every trade we make will bring about one of two results - a profit or a loss - and not make it any bigger than that, then we will be way ahead of most traders. Whether we win or lose, the main factor is whether we followed our trading strategy or not. If we did, then we must not let fear overtake us and keep us from taking the next trade or possibly making major

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

I am in the forex market just for few years and my experience is not huge, but after some gains and losses I started feel very confident about my trades. In this article I simply would like to share my points of view to the market and I strongly feel that support and resistance lines do not get it's deserved appreciation in the publications. We all know that support and resistance are very important, but still most of the trading methods do not include those lines at all. Drawing tools in the

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This is the first of the series of the articles about my technical analysis and trading method. I hope it will be useful for novice traders. First of all we need to find out what we are going to do. We need to analyse market direction and take the decision are we going to sell or buy. To take the decision according direction of the market is easy: if market is going up – we buy; if down – we sell; if sideways – we wait for opportunity to buy or sell, or could enter the market on chart

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Forex Journal (July 2008 issue). The author, Brandon Wendell, is a member of the Market Technicians Association, the Chartered Financial Analyst Institute, and now holding the Chartered Market Technician Designation, Brandon has appeared as a guest on CNBC Asia’s Cash Flow and conducted special seminars for CNBC staff on technical analysis. He has published articles in The Trader’s Journal Magazine and was interviewed in Share Investor Magazine. Brandon Wendell

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Forex markets often display significant volatility catching many traders by surprise. However, with a simple understanding of descriptive statistics and moving averages, many could soon find themselves ahead of the curve. Many traders – both new and experienced – often find themselves at a loss attempting to understand why Forex markets tend to experience extended volatility. In simple terms, the reasoning behind extended volatility is that of continued buying, or selling beyond easily

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

It is always easy to hesitate, to slow down or to even quit. However, many of us might be looking at situations and being more concerned with the possible outcome instead of the potential growth and learning that we will receive. All great successes start with the first step, the first action and even possibly the first loss. Don't allow yourself to see a small step as a barrier. Let's make the decision to wake up each day and take new steps, no matter how small they may be. the results will

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Creativity allows each of us to approach life with new thoughts and ideas. Everyone is creative. The struggle comes when we do not recognize and accept that we have creativity inside of us and ignore the talent and actions that we are capable of achieving. Successful individuals will always strive to think outside of the box and try something new to enhance their proven methods. In trading we each need to apply our proven strategy with new ideas that are creative. If you change the way you

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

About the Author Mark Whistler is the Senior Market Strategist at TradingMarkets.com; bringing traders timely buy and sell ideas through Forex Force. Mr. Whistler can also be seen on CNBC from time to time, discussing various facets of investment markets. As the founder of WallStreetRockStar.com and is the author of: Trading Pairs, Trade with Passion and Purpose co-author of Profit From China and Profit From Uranium and is currently working on his newest book, The Swing Trader’s Bible

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

The retail FX market, once seen as a dodgy arena for scammers who would take your money and run, has become a market that even the biggest foreign exchange banks are getting serious about entering. You can’t turn on the television without hearing about the US dollar weakening or strengthening against other currencies. American investors, previously unaware that their greenback might be interesting outside the US, are punting currencies online. The emblematic Japanese housewife trading

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

One of the greatest stumbling blocks to achieving success in the important aspects of life is circumstances. We seem to use them to get us off track or keep us from continuing to the end. On the other hand, successful people use circumstances to drive them towards their goals. As a trader, we all need to understand that there will be times when things arise that could easily cause us to make huge errors, become lazy in our decisions or even quit. Instead, let's use the bumps in the road to

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Every day we trade we experience challenges that can disrupt our session. These include the market movement, the economic outlook, our emotions, our attitude and so much more. These items can cause us to do many things. including quitting. However, the achiever recognizes all challenges when they arise and then adjusts so as to continue to move forward. For all of us as traders, we need to never allow challenges to keep us from growing and becoming better at what we do. We need to use

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

People all around the world desire to have better things happen in their life. The interesting fact is that many of them have had better things happen; however they just did not stop to enjoy it. As traders, we need to evaluate how we are doing and then if we are doing well. enjoy it. If we are not, then we need to be courageous enough to adjust. Change is good if we believe in ourselves. Belief is the strongest element of any journey. Traders who believe will always perform better than those

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Psychological factors about the trading are well covered in the books, articles and in all sorts of media information and in this article all the ideas about emotions, caused by the “mad� movements of the market, probably will not be new, but solutions how to deal with them for some traders could be a discovery. I am not pretending to be a wizard of the market, but what helps me could help others as well. Let me first express my opinion, what any trading strategy or investment plan, no matter

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Summary Adam Rosen discusses a safe and effective way to trade economic releases. His "15 minute cooling off" system is easy to use and perfect for any level of trader, expert or beginner...

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

If you could go back in time to the very first day you began trading, would you do anything different? What if you had the knowledge you had right now after months or years of trading experience. Would you make some changes? By analyzing what we do and what results we are getting and then being open to changing our habits or actions, we will always have a better opportunity for enhancing our skills. So, let's go "Back to the Future" and look at what we might want to do if we decide to re-start

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

I've been studying economic cycles for more than two decades. Over that time, I've held key positions in brokerage, money management, and research firms and traded everything from equities to futures. And let me tell you, there's only one place that offers you the opportunity to multiply your wealth whether the stock market is sinking or soaring ... whether real estate is booming or busting ... whether interest rates are flying or falling ... and regardless of what happens to bonds or

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Winning, Losing, Money and Success are just a few of the many aspects of life that people use to determine the worth of others as well as themselves. In reality, it is not these results, but how we respond to them that will make our journey one that we enjoy and desire to continue doing, or whether we quit. As a trader, the understanding of probabilities and how to make them work for us instead of against us will provide great power for you as you move forward in your trading career. Listen to

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

How long do we wait to get started when we face something new? Are we being held captive by the desire to have everything perfect before we begin? Do we want to be sure that we will not have any problems or failures before we get going? The only thing that can keep us from experiencing success in trading is to not trade at all. Don't allow yourself to stop trading, or quit using a strategy or never trading with real money because of the numerous mind games that we play waiting for the perfect

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Hardship breeds success. That's true for individuals, companies even entire nations. And it's also true for me, Tony Sagami, Asia Specialist at Money and Markets. It's why the United States sprang forward after the Great Depression. It's why China, Japan and even formerly dirt-poor India are leaping ahead today. And it's a fundamental principle that can unlock great investment opportunities for you in the months ahead. In a moment, I'll show you exactly how and where. But first, let me tell

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Every day that we trade, we need to ensure that we have a specific goal in mind. Without any goals, we will never know if we had a successful trading session or not. Profit is not the only indicator for success. The best traders continue to fine tune their goals and the target gets smaller and smaller. If you aim for the bulls eye, even if you miss, you still end up with a good result, because when you aim small even if you make an error, those errors are also small. Listen to the author's

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Fear can be a very powerful emotion, yet for some it can cause disaster and for others it drives them towards new levels of success. As a trader we need to analyze and understand what causes us to be fearful when we trade and how it affects us. Then we need to use that emotion of fear to move us to become a better trader. Listen to the author's thoughts

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Emotions can be a roller coaster for some and a gentle road for others. Successful traders make a conscious decision that no matter what happens during their trading session they will stay calm and in control. If you truly believe that you can do something, it is amazing how successful you can become. Trading takes belief abd when you finally decide that you CAN do this, you have taken the first step towards growth and higher levels of success. Listen to the author's thoughts

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Trader's Journal magazine (May 2008 issue) The author, Joe DiNapoli, is a veteran trader with over 40 years of solid market trading experience. He is also a dogged and thorough researcher, an internationally recognized lecturer, and a widely acclaimed author. Joe, a registered C.T.A. for over 15 years, has taught his techniques in the major financial capitals of Europe, Asia, Russia, the Middle East and South Africa as well as in the United States. His articles

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

How to make money from money 1 .Practice before you start trading with real money. Could you imagine an athlete going to the Olympic Games without preparation and training? Make sure you have practised your trading on a demo platform and get comfortable with it and your trading style before committing real money. 2 .Know what moves currency markets. Like any asset class, there are a number of factors that drive currency performance. A country’s macroeconomic situation can have a major

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Forex Journal (June 2008 issue). The author, Brett N. Steenbarger, Ph.D. is Associate Clinical Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, NY and author of The Psychology of Trading (Wiley, 2003). As Director of Trader Development for Kingstree Trading, LLC in Chicago, he has mentored numerous professional traders and coordinated a training program for traders. Brett N. Steenbarger helps us understand the

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

Southern Europe Although adoption is somewhat slower than other countries, Southern Europe is gradually starting to embrace eFX. Some of the reasons behind this include cultural, regulatory and economic challenges across the different countries in this area. Alberto Muñoz, chief analyst at FXstreet.com portal, comments: “e-FX trading has just started in southern Europe and we think it's going to grow exponentially in the next two to three years, as there are more traders with better trading

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

This article is taken from the Forex Journal (May 2008 issue). The author, Sunil Mangwani is a Physics graduate with a Diploma in Financial Management. He has been trading the Forex market for the last 6 years and devises simple trading strategies based on his vast knowledge and in-depth study in the field of technical analysis. Sunil Mangwani will be key speaker at the FXstreet.com International Traders Conference in 2008 October 29-31 - Barcelona (Spain) Sunil Mangwani leads a discussion on

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

The Relative Strength Index (RSI) is one of the most widely used technical indicators by traders. The RSI is an oscillator because it is an index whose value tends to swing between an upper limit value and a lower limit value. It is used primarily to help identify overbought or oversold conditions in a particular currency, as it is formulated to fluctuate between 0 and 100, enabling fixed overbought and oversold levels. It does this by confirming changes in momentum which signals an imminent

FXstreet.com: Education
FXstreet.com: Education. A series of useful resoruces to learn more about trading in the currencies market.

All successful traders know what they need to do and then they just do it. Their monetary results are not the focus for them. It is the process and the ability to follow it consistently that keeps them at the top of the trading world. Each of us must learn how to prepare and proceed with direction and conviction. When we do this, we will see continued growth and confidence in our trading sessions Listen to the author's thoughts