Educational articles on trading the forex market. Available in ActionForex.com http://www.actionforex.com Tue, 09 Feb 2010 15:14:39 +0100 FeedCreator 1.7.2 http://www.actionforex.com/images/M_images/aflogo.jpg http://www.actionforex.com Educational articles on trading the forex market. Available in ActionForex.com http://www.actionforex.com/articles-library/forex-articles/learning-to-trade-the-forex-market-20100201105702/ The beauty of forex is you can get started right away without any money and without having any idea what you are doing. To do this you open what is called a demo forex account. In your demo account you trade with fake money and you have fun learning how... Mon, 01 Feb 2010 01:17:30 +0100 http://www.actionforex.com/articles-library/forex-articles/trading-the-dollar-with-usdx-20091115100619/ The US dollar index (USDX) is an important analytical tool for traders in just about any market. The USDX is actually a futures contract which means that if you have a futures trading account you could trade this instrument like corn, oil, gold or currency futures contracts. However rather than... Sun, 15 Nov 2009 05:53:41 +0100 http://www.actionforex.com/articles-library/forex-articles/times-to-trade-2009110199595/ Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs... Sun, 01 Nov 2009 02:39:31 +0100 http://www.actionforex.com/articles-library/forex-articles/the-four-letter-r%11word-2009083094989/ Forex traders hear a lot about Risk; whether the markets are tolerant, averse, or neutral. It is a headline that is bandied about on a regular basis. Quantifying the value of risk, and its forex impact, may be so much harder to do in the trading arena, than reporting each... Sun, 30 Aug 2009 10:14:58 +0100 http://www.actionforex.com/articles-library/forex-articles/the-u.s.-session-trader%27s-daily-forex-question-2009081994271/ The U.S. session, trader's daily 09:45 EDT question; "Oh dear, do we now want to take a U.S. based trade and run the risk of a price move stranding things with no momentum, as 80% of U.S. sessions do?" The law of probability says that U.S. trade will not follow... Wed, 19 Aug 2009 09:20:54 +0100 http://www.actionforex.com/articles-library/forex-articles/the-relationship-between-crude-oil-and-cad-2009071591793/ Historically speaking, crude oil and the Canadian dollar have had a very strong relationship, most of the time, the two assets having a high degree of correlation. This can be explained by the fact that Canada holds the second biggest oil reserves in the world after Saudi Arabia. Moreover, a... Wed, 15 Jul 2009 12:22:58 +0100 http://www.actionforex.com/articles-library/forex-articles/the-psychological-utility-of-technical-analysis-2009070691075/ Technical analysis is sometimes studied as if it contains a grain of secret knowledge or portrays an intrinsic truth about currency movements. Often it is said that a specific chart formation will produce a specific price movement. Technical analysis does nothing of the sort. A chart is a reflection of... Mon, 06 Jul 2009 14:04:52 +0100 http://www.actionforex.com/articles-library/forex-articles/correlation-in-the-forex-market-2009050586722/ Statistically speaking, correlation is the measured relationship between two units over a series of time. Correlation is measured on a range of -1 (perfect negative correlation) to 1 (perfect positive correlation). A positive correlation implies that the two units move in similar directions, the higher the correlation the closer and... Tue, 05 May 2009 12:45:44 +0100 http://www.actionforex.com/articles-library/forex-articles/the-art-of-contrarian-trading%3a-volume,-consolidation,-distribution,-headlines-2009041685091/ Traders are at a stage in the market cycle that is one of the most frustrating to deal with, and where the most money gets squandered trying to work things out. This stage is when we go through a phase of consolidation, moving sideways consolidating the recent moves made, while... Thu, 16 Apr 2009 21:36:12 +0100 http://www.actionforex.com/articles-library/forex-articles/understanding-how-and-why-otc-forex-markets-work-2009041685090/ Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs... Thu, 16 Apr 2009 21:32:17 +0100 http://www.actionforex.com/articles-library/forex-articles/how-to-search-for-the-ideal-metatrader-ea-2009041684997/ With thousands of Metatrader EAs out there, it can be tough to cut through the noise and find one suitable for your trading style and risk tolerance. To help you in this search, I've compiled the statistics that many traders find to be very beneficial when analyzing any Metatrader EA. Thu, 16 Apr 2009 03:28:52 +0100 http://www.actionforex.com/articles-library/forex-articles/evidence-based-trading-2008122072930/ In this past Friday's day trading session in our chat room many subscribers asked me to explain in detail my approach to short term trading. So I could think of nothing better for an end of the year column then sharing with you my evidence based approach to the markets.... Sat, 20 Dec 2008 16:24:43 +0100 http://www.actionforex.com/articles-library/forex-articles/quantitative-easing-101-2008122072913/ Quantitative Easing (QE) are the latest buzz words in the financial markets. It is important to become intimately comfortable with these words because they will be the catch phrase of 2009 thanks to the latest interest rate cuts by the Federal Reserve and the Bank of Japan. Sat, 20 Dec 2008 02:42:17 +0100 http://www.actionforex.com/articles-library/forex-articles/all-good-things-come-to-an-end%3a-the-fall-of-the-carry-trade-2008120270556/ One of the most popular currency trading strategies in recent history, the carry trade has been successfully used by traders for years. With recent market conditions, this very popular strategy is beginning to look like a losing proposition. Traders find themselves wondering is this strategy ever going to be back... Tue, 02 Dec 2008 03:25:22 +0100 http://www.actionforex.com/articles-library/forex-articles/5-tips-for-trading-during-volatile-markets-2008112870202/ Increased volatility leads many traders to seeing an increase in trading opportunities. The huge market swings trigger thoughts of monumental upside, but also for potential loss especially if traders do not take the necessary precautions. During times of volatility, traders need to adjust their strategy to compensate for erratic market.... Fri, 28 Nov 2008 03:43:39 +0100 http://www.actionforex.com/articles-library/forex-articles/three-simple-rules-of-winning-traders-2008112369460/ About two weeks I went on CNBC and predicted that range will rule the currency markets for the foreseeable future. The price of EURUSD at the time of broadcast? 1.2630. The price of EURUSD at close of trade today? 1.2590. So range reigns in the currency market as every rally... Sun, 23 Nov 2008 12:27:29 +0100 http://www.actionforex.com/articles-library/forex-articles/trade-less-win-more-2008111568522/ I love to trade. 10, 20, 30, 40 round turns per day - the more the merrier! After all anyone who is really honest with themselves will admit that we trade not only for money, but for excitement. For a trader there is nothing sweeter than having the market go... Sat, 15 Nov 2008 02:48:21 +0100 http://www.actionforex.com/articles-library/forex-articles/how-to-trust-your-setup-2008102565807/ One of the great ironies of life is that as traders we often trust ourselves least of all. Most traders (myself included) approach the whole enterprise with deadly combination of overweening sense of arrogance in our ability and underwhelming sense of confidence in our trade setups. When it comes trading... Sat, 25 Oct 2008 02:22:09 +0100 http://www.actionforex.com/articles-library/forex-articles/trading-the-cad-2008092962053/ The Cad has a unique trading style, moving only one third of the trading day, during the U.S. session. For the rest of the time, the pair tends to hover around a price level, be it the neutral pivot point, a moving average or a support/resistance level. Lately, however, the... Mon, 29 Sep 2008 14:43:49 +0100 http://www.actionforex.com/articles-library/forex-articles/looking-at-the-inter%11banking-liquidity-2008092561515/ Usually, when a bank wants to make a loan for liquidity needs it has two options: either borrow money from the central-bank, through the open market operations, or call another bank to lend money at the LIBOR rate. The London Inter-bank Offered Rate or LIBOR is the reference rate at... Thu, 25 Sep 2008 03:04:38 +0100