Currency

Must read FREE trading magazines

By Mark | Published December 5th, 2007

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…

The Best Trading Times in the 24 hour Forex Market

By Mark | Published September 11th, 2007

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…

Understanding the lingo: Spot Market, Traded Currencies and other Forex terms.

By Mark | Published September 10th, 2007

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…

A Basic Introduction to MetaTrader (Part Three)

By Mark | Published September 4th, 2007

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…

A Basic Introduction to MetaTrader (Part Two)

By Mark | Published September 3rd, 2007

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…

A Basic Introduction to MetaTrader (Part One)

By Mark | Published September 2nd, 2007

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…

Making up the numbers in Forex

By Mark | Published August 29th, 2007

The figure of $1.9 trillion US dollars is often cited as the daily trading volume of the Forex market. What is often not presented is where this actual figure comes from. This figure originates from The Bank for international Settlement (BIS) Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity. I know it…