This is a brief forex trading guide about how you can make money trading forex. Firstly you need to know that forex trading is not easy, you don’t just decide to invest $1,000 and get $1,500 back the next day, it has to be researched and timed to perfection. Also forex trading is not gambling, if you are a gambler maybe stick to poker because you might lose a lot of money in forex. You also need to decide on your time scale, do you want to get r.o.i. (return [...]

IntroductionWhen you are just getting started in Forex, you know deep down inside you that it’s a good way of making some passive income and even achieving the financial freedom you desire. Even though it all looks very easy at the start, once you make your first deposit and start doing battle in the Forex markets you realize that it’s not very easy at all! You realize that you don’t have a clue at all of how to actually make money trading Forex, and suddenly your dreams of Forex trading [...]

Each country and region has its own economic indicators that allow investors in FX trading to make estimates about whether the economy is struggling or thriving in order to wisely trade for that country’s currency. Presented are some of the economic indicators for the Euro-zone.German GfK Consumer ReportThis report is presented monthly, during the last week, by the GfK Group. The German GfK Report provides information about consumer spending in three major business sectors throughout Europe, Custom Research, Retail, and Technology and Media. A survey collects information from over 340,000 [...]

When talking to people who have never tried forex trading before, even if they come from the world of stocks, bonds, or futures, it always reminds me that sometimes even the most basic foundational elements of this global powerhouse of a market have to be explained. So let’s jump right into what the pairings mean, what the main pairings are, and what the cross pairings are.What is a currency pair? Let’s start with the Eur/Usd which has the US Dollar as the base currency in the pair against the Euro. [...]

You have been told that a stop is a must for any trader, and many beginners follow this rule blindly without a true understanding of what it means. There are successful traders who will always, without fail, place a stop order for every trade initiated, while there are those who never follow this rule and still manage to make money in the markets.What most traders need, but fail to understand is that the only time you should exit your position for a loss is when the initial conditions for entry [...]