Main Forex trading resources

Welcome to Forex Trading Guide
Article
Martin Maier
Why is FOREX trading so popular?
Because you can trade from anywhere. From your kitchen table, bedroom, garage or from the nearest Starbucks coffeehouse ( most of them have wireless Internet connection).
If you have or like to travel, take your laptop with you and you can trade the FOREX anywhere in the world where you have an Internet connection.
When you want to start trading the Forex Market nobody is asking you for a diploma, a formal license or a proof of how many hours you have spent studying the Foreign Exchange Market and/or Banking Industry.
FOREX Trading is Economical and Start-up Costs are Low!
You can open an account to trade Forex with as little as US$ 200 at he most brokerage firms.
I personally do recommend Fenix Capital Management, LLC, which offers a state of art Trading platform, that allows you to place orders directly by clicking on the chart.
The Main Benefits of
Trading the FX Spot Market are:
YOU don't pay commissions or fees!
YOU can trade 24-hours a day !
YOU can trade up to 400:1 Leverage !
YOU can have FREE Streaming executable Price quotes and live charts!
It is important to know the differences between cash FOREX (SPOT FX) and currency futures.
In currency futures, the contract size is predetermined.
With
FOREX (SPOT FX), you may trade electronically any desired amount, up to $10 Million USD.
The futures market closes at the end of the business day (similar to the stock market).If important data is released overseas while the U.S. futures markets is closed, the next day's opening might sustain large gaps with potential for large losses if thedirection of the move is against your position.
The Spot FOREX
market runs continuously on a 24-
hour basis from 7:00 am New Zealand time Monday morning to 5:00 pm New York Time Friday evening.
Dealers in every major FX trading center (Sydney, Tokyo, Hong Kong/Singapore, London, Geneva and New York/Toronto) ensure a smooth transaction as liquidity migrates from one time zone to the next.
Furthermore, currency futures trade in non-USD denominated currency amounts only, whereas in spot FOREX, an investor can trade in almost any currency denomination, or in the more conventionally quoted USD amounts.
The currency futures pit, even during Regular IMM (International Money Market) hours suffers from sporadic lulls in liquidity and constant price gaps.
The spot FOREX market offers constant liquidity and market depth much more consistently than Futures.
With IMM futures one is limited in the
currency pairs he can trade. Most currency futures are traded only versus the USD.
With spot FOREX, you may trade foreign currencies vs. USD or vs. each other on a 'cross' basis, for example: EUR/JPY, GBP/JPY, CHF/JPY, EUR/GBP and AUD/NZD
More and more well informed investor and entrepreneurs are diversifying their traditional investments like
stocks, bonds & commodities with foreign currency because of the following reasons: (will be continued)
Risks of currency trading: Margined currency trading is an extremely risky form of investment and is only suitable for individuals and institutions capable of handling the potential losses it entails. An account with an broker allows you to trade foreign currencies on a highly leveraged basis (up to about 400 times your account equity). The funds in an account that is trading at maximum leverage may be completely lost if the position(s) held in the account experiences even a one percent swing in value, given the possibility of losing one's entire investment. Speculation in the foreign exchange market should only be conducted with risk capital funds that, if lost, will not significantly affect the investors financial well-being.
About the Author
Veteran Trader Martin Maier Founder of Fenix Capital Management, LLC http://www.fenixcapitalmanagement.com He is the developer of various futures and commodities trading programs and his systems have been ranked and rated by various large American Investment Profile Rating Companies such as STAR and MAR
Forex trading News
Forex trading
Jan 08 - Forex Trading Strategies Aggressively buy Japanese Yen Against US Dollar, British Pound, Swiss Franc, and Australian Dollar Jan 08 - EURUSD Resistance at Former Support Jan 07 - Australian Dollar Sets Up Selling Opportunity (Candlestick ...
Read more
Forex Trading Strategies Aggressively buy Japanese Yen Against US ... - DailyFx
While the SSI is available once a week on DailyFX.com, you can receive SSI readings twice a day in DailyFX Plus Forex Intraday Trading Signals The SSI sought a EURUSD rally since 1.26 and was signaling a reversal around 1.60. Find our more in the ...
Read more
Euro Likely to Rally vs US Dollar on Clear Shift in Forex Sentiment - DailyFx
ZURICH, Switzerland, Jan. 8 /PRNewswire/ -- In close collaboration with PFSoft, Forexone has released the ProTrader private branded trading platform entitled FXInfinity TRADEMONSTER. "PFSoft turned out to be the ideal partner for our development of ...
Read more
Swiss FX Broker Forexone Releases New Forex Trading Platform from ... - Yahoo Finance
(*) This is the password you need to enter the hotComm room, not your FXstreet.com user account password. Dr. S. Sivaraman presents his "Tracking the forex market together" double Live Trading Session. Read the FX European market and learn to make ...
Read more
Tracking the forex market together / Part II - FXStreet.com
An increasing number of people are now turning to forex trading as a means of generating revenue. However there is a lot to learn, so with that in mind, here are some of the basics you should know before you even think about trading forex with real ...
Read more
A Few Things You Need To Know About Forex Trading - Best Syndication
James Chen , CTA, CMT, is the Chief Technical Strategist for FX Solutions. He is also a registered Commodity Trading Advisor and a Chartered Market Technician. At FX Solutions, Mr. Chen writes daily currency analysis, conducts forex trading seminars ...
Read more
James Chen - FXStreet.com
TOKYO, Jan 5 (Reuters) - The dollar held firm near a three-week high against the yen on Monday as risk appetite grew after Tokyo shares followed Wall Street higher on hopes for a recovery in the U.S. economy later in the year. The Nikkei share ...
Read more
FOREX-Dollar holds firm near 3-week high vs yen - Forbes
Save 0.5 pip / $5 on each trade when trading at the best brokers. Gold Prices Are High! Send Your Jewelery We Send A Check In 24 Hrs. MoneyForex's vision is to service individual and corporate investors such as money managers, banks, and financial ...
Read more
Forex - lower Transaction Costs by 25% - Colleyville Courier
Every year, FOREXYARD analysts come together and discuss the most intriguing events and currencies that made this year special for forex traders. In 2008, it was a tight race between the EUR/USD and the EUR/GBP as both pairs made significant price ...
Read more
Forex Analysts Pick the Top Currency Pair of 2008 - PR Inside
IntegrityFX, LLC (IntegrityFX) announced today that it would begin offering LIVE Forex training in Dubai beginning in May 2009. This 4â€day, handsâ€on Basics and Intermediate combo training course will give a person everything they need ...
Read more