There was recently a rally in the stock market. The global economy is almost out of the recession. The US economy that drives the world economy is showing signs of recovery despite record unemployment rate that is being expected to go down in 2010. Stocks are back!Stock trading has always been the most popular form of investment. Buy and hold has been a proven and tested method of investment. There are many companies that have weathered the recession and there stocks are now poised for a rebound. In the last [...]

Forex trading might sound like a hard place to be but once you start, you will realize that you can also learn what it entails and go ahead to make some good profits. Like in every other place, there are some rules that apply. You have to be keen to know these rules as they will make you a success with time. You should be keen to learn them and you will be surprised at how successful you become. You can take your time to socialize with the forex trading [...]

If you are just starting out in forex trading or you are interested in starting to trade forex you have to begin with small scale forex trading, to get “the hang” of when to invest, how good your r.o.i. is and how much you want to invest. If you invest to heavily in your first few trades then you may lose a lot of money and get the impression that forex trading is gambling which is how many people lose a lot of money with trading. If you treat small [...]

Forex market has already earned the title of being the world’s biggest market. Forex trade has helped many people turn wealthy and taste prosperity. Still the idea of forex trading and the concept of forex market remain remote to the common man. What exactly is forex and what are its scopes?The term forex is derived from the combination of the starting letters of the words foreign and exchange. Forex is concerned with online trading. It brings in profit through online currency deals that happen in the forex market.Forex offers a [...]

Most forex traders are familiar with Candlestick Charts. Candlestick charts are invented by Japanese rice traders in the 16th centuries. Over the centuries these charts have been perfected into an art form. But how about another Japanese invention, the Renko Charts?Yes, Renko Charts are another Japanese creation that has been widely used in forex trading yet, many forex traders might never heard of these charts. These charts are based on price only not on time. On a regular candlestick chart or a bar chart after a fixed time interval, you [...]