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Forex Trading - A Basic Overview
Forex trading is becoming more popular as time goes by. Perhaps you have heard of forex trading, or heard things such as "the dollar fell sharply against the yen". Not sure what all this means? Here is a basic overview of forex trading. The...

Forex Trading Best Practices
FOREX, the term for the FOReign EXchange market, is an international exchange market where currencies from many different countries are bought and sold. Both long-term hedge investors and short-term investors that seek quick profits use FOREX. Trade...

What is a Forex Broker?
The Currency / Foreign Exchange market is the world’s largest and most dynamic market. Nearly $1.8 trillion is traded every day. The word Forex is derived from the words Foreign Exchange. A Broker is an individual or firm that acts as an...

Discover Forex Futures Trading

The FOREX, FX or foreign exchange market is the place where currencies from one country are traded for the currency of another country. Forex futures trading accounts for a very small percentage of the trillions of dollars that are traded in the forex market on a daily basis.

Forex trading strategy involves buying currency whose exchange rate will increase, while simultaneously trading out or selling a less valuable currency. Forex futures trading strategy is basically the same. The difference is that an investor may choose to contract to buy or sell a specific currency at a specific price on a future date.

If you are interested in forex trading, you are probably not actually interested in forex futures trading. Not many people do it and there is no fundamental difference between forex futures and the traditional futures market, but forex trading has quite a few advantages over the traditional futures market.

First and most important for many people is that forex trading platforms are available through websites 24 hours a day; there is no central exchange as there is in the futures market. Forex trading is commission free trading. There are no National Futures Association Fees.

Forex trading offers higher liquidity and price certainty since getting in and out of positions tends to happen with lightning speed. The price quoted for a futures contract, on the other hand, is not necessarily the price for which the contract will be filled.

By using forex trading online platforms,

the investor can see real time prices and exchange rates. There also tends to be a controllable amount of risk with forex trading; the required margin amount can never exceed the dollar value of an account. Forex trading strategy is also quite different from futures market investing and desired results -- other than making money of course -- are different.

Before beginning to trade, education is important, devising a forex strategy and what you need from that strategy is important, and choosing a broker or website trading platform and deciding what you need from them is also important. As previously alluded to, there are no commissions charged by forex brokers. Forex brokers make their money on the “spread”. To the investor, this means that a lower spread saves money.

As a final note, education on forex trading and the futures market, as well as assistance in developing a strategy are available from many websites with a trading platform. We cover some of the best with our top recommendations. Our recommended newsletter is written by forex pros and includes mentoring and analysis of current factors influencing currencies.

Get advice, facts, and opinions about forex trading strategy at 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 ...
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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
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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

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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
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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

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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
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