Archive for 'Forex Basics'
Online Forex Trading Quotes – How to Read and Understand Quotes
Posted on16. Mar, 2007 by admin.
When you trade in online Forex, you need to read the Forex quotes, which are how the currencies are written. In every Forex transaction the trader, two currencies are simultaneously bought and sold. These two currencies are called the currency pair. There is no option to make Forex orders without knowing how to read the [...]
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Online Forex Lots and Mini Lots
Posted on16. Mar, 2007 by admin.
One of the first concepts you need to understand as part of your Forex trading training are lots and mini lots, their definition and the difference between them.
When you start investing in Forex trading, and you open an account, you will instantly get either a lot or a mini lot.
What is a Forex lot? A [...]
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Currency Trading: Understanding the Basics of Currency Trading
Posted on15. Mar, 2007 by admin.
Investors and traders around the world are looking to the Forex market as a new speculation opportunity. But, how are transactions conducted in the Forex market? Or, what are the basics of Forex Trading? Before adventuring in the Forex market we need to make sure we understand the basics, otherwise we will find ourselves lost [...]
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Forex Trading System: What to Choose between Mechanical and Discretionary Systems
Posted on15. Mar, 2007 by admin.
There are basically two types of Forex trading systems, mechanical and discretionary systems. The trading signals that come out of mechanical systems are mainly based off technical analysis applied in a systematic way. On the other hand, discretionary systems use experience, intuition or judgment on entries and exits. But which one produces better results? Or [...]
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Rollovers in Forex
Posted on14. Mar, 2007 by admin.
Even though the mighty US dominates many markets, most of Spot Forex is still traded through London in Great Britain. So for our next description we shall use London time. Most deals in Forex are done as Spot deals. Spot deals are nearly always due for settlement two business days later. This is referred to [...]
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This is how you can calculate rollover interest
Posted on14. Mar, 2007 by admin.
The costs associated with holding a position for several days are determined by the short term interest rates of the currencies involved in the trade. This ‘cost of carry’ can mean that interest is paid to you or taken from you, depending on which currencies have the higher interest rate.
This cost can be built into [...]
