Choosing a Forex Broker

According to me you must have spent days to learn about forex currency trading. You might have also spent few bucks on forex trading course in order to acquire an exhaustive knowledge. Well, I would say that you are on the right path to becoming a successful forex trader. Once you have finished your forex trading training the next step is to open a forex trading account with a forex trading broker. With wide spread awareness of advantages of trading forex, the markets have witnessed a huge influx of investors like you and me who are eager to grab their share of pie from forex currency trading. In order to cater to the ...

Understanding Pips

If you are steadfast on taking up online forex trading business, I would recommend that you must get your hands on very sound fundamentals about Pips. For an ardent trader involved in global forex trading, the day starts with setting out the target for the Pips and the day ends with ascertaining his Pips balance sheet. I will try to guide you in learning the basics of Pips. It is essential that you must do sufficient math work to understand Pips to get a clear insight on Pips. What is meant by Pips? Well, I would say that Pip is nothing but a fancy name for ‘Point’. Technically speaking, Pip is the smallest ...

Fundamental Analysis vs Technical Analysis

In all the financial markets both the fundamental analysis and technical analysis are widely used for identifying the trading patterns and deciding the trading strategies. Proponents and opponents of both the theories are always at loggerheads about the efficacies of these methods. Whereas, for a successful trader there is never a dilemma what school of theory should be followed for the trading strategies as he has learnt the art of optimum blend of both the approaches. This article is an endeavor to compare both the analysis. What is this analysis? Fundamental Analysis: It looks at the fundamental and overall ...