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.
Don’t forget to check and bookmark my Forex blog to get the latest updates about Forex market and this site’s content. You can also join a friendly Forex traders community at the Forex Forum.
Latest Forex E-books
Quick Guide to Forex Trading
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Build a Forex Trading Account You Can Be...
Technical Analysis: How to Read the Price...
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Latest Forex Brokers
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Latest Brokers' Reviews:
Sajan from India writes about iFOREX:
Review on Iforex (iforex.com) – Well it has been reviewed by a lot of victim investors who lost their money to iforex frauds. You do a google search and you will find scores of reviews clearly mentioning that they are fraud and cheating investors. Th...
baki from switzerland writes about LiteForex:
I don^t now î^m using lite forex for 1 one day but as i saw they are georgious .
just deposit from my credit card and in a sec. money was on my live account.
i didn^see that not to any other broker.
for example FDD you need one day .......
moshtaghi_d from Iran writes about Basel Financial:
This Broker don't alow withdraw by WEBMONEY.
it only accept funds via webmoney and the only one withdraw option is WIRE .
Latest Forex News
Canadian Dollar Down on Central Bank Pressure
Fri, 23 Oct 2009 19:26
After trading near parity with the U.S. dollar in the beginning of the week, the Canadian dollar fell sharply after the national central bank stressed on the problems a strong currency could cause to the economic recovery of the North American nation.
Dollar Gains on Federal Reserve Speculations
Fri, 23 Oct 2009 18:46
The dollar had a good performance versus the yen and several other currencies on speculations that the Federal Reserve will consider interest rate hikes before than previously announced.
Risk Appetite Sets Yen Down
Fri, 23 Oct 2009 14:15
The yen had a weak performance today losing versus most of the 16 main traded currencies towards the end of this week’s session as increased risk appetite has shunned traders from its safety to seek higher-yielding possibilities in emergent markets and commodity-linked countries.
U.K. Persistent Recession Sets Pound Down
Fri, 23 Oct 2009 13:04
The U.K. fell “vertically” today after quarterly gross domestic product figures were published in London, signaling that the national central bank will have to extend its measures to help Great Britain on its way out of recession, decreasing attractiveness for the pound, which fell drastically.
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.
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Forex Trading Information
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