I came across a documentary on youtube that investigates the banking system. I must say from the outset this is a very biased look at the banking system and in places it is factually incorrect. That being said it is still worth a look as it does provide some basic information about the banking system. [...]

Today I am going to share with you two magazines that offer a wealth of articles and are delivered to you via email free every month. I have been a subscriber to these magazines since late 2005 and they have proved to be interesting reading. The first of the magazines is Currency Trader. The Currency Trader [...]

Leverage, Equity and Margin are three concepts which the understanding of is crucial. Leverage is one of the factors that makes Forex trading so attractive and also makes trading of Forex fraught with danger. In most other financial markets you cannot lose more then your initial deposit, however in Forex dependent on your broker you [...]

In the Forex market as with other markets there are things that you can control and things that you cannnot. The Forex market provides the opportunity to choose what currency you wish to trade in. It enables you to choose to buy or sell a given currency the amount or volume of a given currency you [...]

In the Forex market as with any market there are many terms you have to be familiar with, some of these are unique to the Forex market. As already discussed in The Forex market, Exchange Rate & Bid Ask Spreads. An exchange rate is quoted: Once again we should think back to what a Foreign Currency [...]

This is Part Three and final part of MetaTrader basics if you have not already done so I recommend you read Part One first and then Part Two. Placing an order in MetaTrader is very simple. You simply need to double click (in the market watch window) on the symbol of the security you wish to [...]

This is Part Two of MetaTrader basics if you have not already done so I recommend you read Part One first. The first thing that we will look at in MetaTrader is charting. I have found that MetaTrader is one of the best free program for this purpose and it has a fairly large user base [...]

In the next few posts I will go through the basics of the MetaTrader software platform. MetaTrader is a widely used platform in the retail FOREX market. The first thing you will need to do is download the latest copy of MetaTrader Go to MetaQuotes and download the client terminal. After download is complete install the [...]

It is very important to keep up to date with financial news releases. These news releases have a huge impact on the market. I would advise any new trader to make themselves aware of the time of these releases and stay out of the market during these times as they generally have high levels of [...]

If you’ve had any experience in the foreign currency market or the forex market, I am sure you would have heard of the term pip. If however you are new to the forex market the term pip will probably have you thinking of those little seeds found in fruit. In terms of forex a pip [...]