Latest Articles

Forex: Benefits of Trading the Forex Market
Trading the Forex market has become very popular in the last years. Why is it that traders around the world see the Forex market as an investment opportunity? We will try to answer this question in this article. Also we will discuss come...

Forex Market Heats Up For The Individual Trader
There has been a plethora of new financial instruments coming on stream for individuals in recent years. A few provide more leverage than just buying and selling stocks. Among the most rewarding markets opening up to traders is the FOREX (Foreign...

Forex Signal, Forex Signals Advise
There are lot's of Forex signals providers out there. New Forex traders might be thinking of looking for a reliable Forex signals provider. Is there any reliable Forex signals providers available? Personally, I will say do not pay for Forex...

A Guide to Global FOREX trading

It's probably hard for some people to believe, but the global FOREX trading market dwarfs that of equities, even though the former gets little attention and the latter is talked about incessantly on the news.

The daily volume of global FOREX trading now exceeds $2 trillion dollars! To be sure, it is the leader in the competitive field of market exchange. Currently, London holds the title for the world’s largest foreign exchange center, accumulating 30% of the currency business.

Global FOREX trading is exciting for many reasons.

First, the markets are almost always open. One can trade 24/7 as currencies fluctuate all day and night. Compare that to equities where one can only effectively trade during market hours when the stock exchanges are open.

Second, the potential leverage in global FOREX trading is astounding.

In stock trading, one either trades with money they have or, at best, can open a margin account and trade with double leverage. A margin account funded with, for example, $25,000 can control $50,000 dollars worth of equity positions.

Now contrast that with global FOREX trading in which one can often obtain leverage of 20 times, 50 times, and even 100 times one's original capital.

For example, it's not uncommon to be able to open an account at an online FOREX brokerage with $5,000 and be able to control position sizes of $200,000 or more. (In FOREX, trading is realized in lots. 1 Lot = 100,000).

Think about that! If you funded an account with a mere $10,000 dollars you could control $500,000 worth of positions (10 lots). If your positions moved favorably giving you only a 5% gain you would be in profit $25,000 dollars. From an only $10,000 dollar initial capital!

Clearly the immense leverage in global FOREX trading is what lures a lot of players into the game. However, leverage can cut both ways and it's possible to get wiped out just as fast as

one can make a veritable fortune.

Because such large sums of money can be made playing the FOREX markets, hobbyists and full time currency traders are quickly increasing in numbers.

For both amateur and pro alike, getting quality FOREX analysis of the markets -- both fundamental and techical -- is extremely important.

And for people who have yet to learn how to FOREX trade, taking an online course is paramount to get them off to a proper start.

Indeed, it can make the difference between being successful and getting wiped out, although there is no guarantee that even the best newsletter analysis service or FOREX training course will guarantee you profits or guard you against losses.

That's why global FOREX trading is considered a highly speculative endeavor.

The people who do best at it will be methodical, have strong control over their impulses and emotions, are analytical to a fault, and are all around disciplined individuals.

Ever since the speculator George Soros of the Quantum Hedge Fund realized a profit of over $1 billion dollars in a few short days by shorting the British pound in 1992, market players have become more and more drawn to the exciting game of global FOREX trading.

Make no mistake about it, FOREX trading will continue to grow over the years, especially with the advent of online FOREX brokerages that allow people to trade from the comfort of their own home office all night.

Dan Ho is an investor, trader, and speculator who enjoys studying economics, technical analysis and the markets. He has traded equities, options, and currencies.

To learn more about global FOREX trading and to discover cutting edge educational FOREX training programs and insightful FOREX newsletters, visit: http://www.forex-trading-reference.com


Written By: Dan Ho




Telegraph.co.uk

FOREX-US dollar slips, but strong trend remains intact
Reuters
NEW YORK, Feb 8 (Reuters) - The US dollar drifted lower on Monday as a modest recovery in overseas stock markets and commodities ...
WORLD FOREX: Euro Manages Gains, But Sovereign Debt Issues LoomWall Street Journal
WORLD FOREX: Euro Down As G-7 Fails To Produce Greece Debt PlanMarketWatch
Euro decline against dollar slowsEconomy News
Forex Hound -Reuters -Reuters
all 2,600 news articles »

DailyForex

Forex: US Dollar mixed as EUR/USD hovers around 1.3650
CountingPips
By CountingPips.com The US Dollar has been mixed in forex trading as movements against most of the major currencies have been muted with little economic ...
Forex: USD/JPY breaks past 89.55, and reaches 89.75 highNASDAQ
Forex: Dollar and Yen showing strength on economic uncertaintyFXstreet.com The Forex Market
Daily Forex Outlook - Market Quiet, Still WeakEasy-Forex
NASDAQ -NASDAQ -NASDAQ
all 90 news articles »

RTT News

Forex: Pound drops against Dollar and Euro, weighed by trade deficit
NASDAQ
FXstreet.com (Barcelona) - The Pound has extended its pullback against the Dollar, while the EUR/GBP broke to a 3-weeks high as UK trade deficit widened ...
Forex: UK Visible Trade Deficit Surges In DecemberForexTV.com

all 10 news articles »

WORLD FOREX:Yen Down Vs High-Yielding Units As China Stocks Rise
Wall Street Journal
In tandem with the euro, the Australian dollar, the Swiss franc and the pound also advanced against the yen. But dealers say the Japanese unit could make a ...
Some Japan exporters still pressured by euro weaknessMarketWatch
Forex news: dollar shows mixed trading sliding from multi-month high vs poundEcommerce Journal
Forex trends: gaining vs yen, buck's sliding vs European majorsEcommerce Journal
Ecommerce Journal -Ecommerce Journal
all 38 news articles »

WORLD FOREX: Euro Weakens As Negative Bets Hit Record Highs
Wall Street Journal
The dollar was at Y89.30 from Y89.38, while the euro was at Y121.97 from Y122.14. The UK pound was at $1.5598 from $1.5613. The dollar was at CHF1.0722 from ...

and more »

Forex Strategy Outlook: US Dollar Likely to Move Sharply Against Euro
Daily FX
Forex options markets volatility forecasts continue to trend higher, pointing to major moves in the US Dollar and other major currencies through the coming ...

and more »

Financial Times

WORLD FOREX: Euro Sinks; Dollar, Yen Gain On Debt Concerns
Wall Street Journal
The dollar was at Y89.38, up from Y88.94, while the euro was at Y122.14, down from Y122.20. The UK pound was at $1.5631, down from $1.5750. ...
Dollar will doom, Gold will boom: Jim SinclairCommodity Online
WORLD FOREX: Euro Losses Accelerate Amid Debt WorriesWall Street Journal
WORLD FOREX:Euro Sinks Further;Markets Broadly Sell Off RiskWall Street Journal

all 956 news articles »

BBC News (blog)


Reuters South Africa


FXstreet.com The Forex Market

US Dollar Forecast Remains Aggressively Bullish on Forex Options
Daily FX
Forex Futures and Options markets show that large speculators continue to bet on and hedge against further US Dollar strength—giving us a strong bullish ...
Forex: Dollar consolidates gains ahead of NFP reportNASDAQ
FOREX: US Dollar, Japanese Yen surge today on risk aversion.CountingPips
Forex: Dollar and Yen rally further on concerns about economic recoveryFXstreet.com The Forex Market
Forexyard -NASDAQ -NASDAQ
all 205 news articles »

Sign up for PayPal and start accepting credit card payments instantly.