Forex Basics

Part 2: Trading method

From the previous article we know that market can be flat or trending. From the examples, we have got some idea how any of those

Part 3: The Time

Now I would like to talk about time. Timing in the market has big impact for the trading account, but so big as choosing the ...

2. Supply and Demand

Supply and demand drives the forex market The Forex market, just like every other market in the world, is driven by supply and demand. In ...

4. Choosing a Dealer

This is a topic most traders are passionate about. Because the retail forex market is dominated by short- and medium-term traders, most forex dealers have ...

7. Margin and Leverage

Understanding risk in the forex When you buy a currency, it's different than buying a stock. When you buy shares of a stock, the maximum ...

8. Short Term vs. Long Term Trading

Focus on consistent, long-term growth. The Forex is not a get-rich quick market. At PFX, we are known for advocating longer-term trading strategies over shor-term ...

9. Forex Futures vs. Spot Forex Accounts

You can trade through a Forex Futures account or a Spot Forex Account You will see a lot of marketing materials out there explaining why ...

11. The Calendar and Economic News

The news in the forex is mostly economic. Aside from central bankers, there are very few “personalities” that can move the market very much. Unlike ...

13. Support and Resistance

You gotta love the trend Buyers and sellers are in a constant tug-o-war in the forex market. Buyers drive the prices of currency pairs higher, ...

15. Price Patterns

Watch for red brake-lights Price patterns are a lot like the brake lights on the cars around you when you are driving in traffic. When ...
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