Forex Trading Money » Forex Charts

Reading Forex Charts Effectively

randi — Wed, 21 Sep 2011 01:47:52 +0000

Forex charts are often important for trading in the market. However, there are still many traders who are confused in reading a forex chart. Then, if you are one of them, the question of ‘how to read forex charts’ once ever came to your mind. This is a simple guide that tells you of how to choose the right charts. Probably most of you have taken a course or studied the use of charts in the past, then this should add to that knowledge.

There are several good charting packages available free and Netdania is recommended. There are basically two fundamental approaches for trading currencies online: Fundamental Analysis and Technical Analysis. The Fundamental approach does not rely on forex charts but instead uses political and economic factors to determine trades. So, charts are basically only used as reference for entering and exiting trades. Then, the technical approach, on the other hand, attempts to predict where prices are going by analyzing historical price activity on a chart just like the one below. So, technical analysts study the relationship between time and price.

Next steps are what to look at first. Firstly, glance at hourly chart to see the big picture. Then, you may note significant support and resistance levels within 2% of today’s opening rate. Secondly, study the 15 minute chart in great detail noting: prevailing trend, current price in relation to the 60 period simple moving average, high and low since GMT 00:00, and tops and bottoms during full 3 day time period.

After doing the previous steps, now you will deal with the information gathered so far. You should determine the big picture (for intraday trading) and glance at the hourly chart which will give you the big picture – up or down. If it is not clear immediately then you are in a trading range, let’s assume the trend is down. Then, determine if the 15 minute chart confirms the downtrend indicated by big picture:

First, current price on 15-minute chart should be below 60 period moving averages and the moving average line should be sloping down. If this is so, then you have established the direction of the prevailing trend to be down.

Second, there are always two trends: a prevailing (major) trend and a minor trend. The minor trend is a reversal of the main trend, which lasts for a short period of time, while minor trends are clearly spotted on 5-minute charts.

Then, determine the current trend (major or minor) from the 5 minute chart:

If current price on 5-minute chart is below 60 period moving average and the moving average line is sloping downward, then it is major trend.

Meanwhile, if the current price on 5-minute chart is above 60 period moving average and the moving average line is sloping upward, it indicates minor trend.

After that, you can trade the information gathered. At this point you know the direction of the prevailing trend and whether we are currently trading in the direction of the prevailing (major) trend or experiencing a minor trend (reaction to major trend).

Forex Strategy Based on Stock Market Chart

tito — Tue, 23 Aug 2011 16:35:53 +0000

The stock market has seen a lot of volatility in recent months, which can be very intimidating to the novice investor. One of the first steps in understanding how to invest in the market is to read or interpret what a particular stock quote means. Here are some steps to help you learn to read stock market quotes that can help you in the future.

Read the ticker symbol. This will have between one and four letters and will often give you a clue to the type of company represented. For example, MSFT is the ticker symbol for Microsoft, and HPQ is for Hewlett Packard. There are others, such as F for Ford and A for Agilent, that you’d never be able to guess. Ticker symbols used to give you a clue about what exchange a stock was traded, but since stocks can trade on multiple exchanges now this no longer applies.

The most obvious reason to read a stock quote is to check the price. However, five numbers are listed: yesterday’s closing price, today’s opening price, today’s high, today’s low and the closing price. The closing price is the most important price to look at since professional traders usually place their trades when the markets are about to close.

Research overall market trends that can help you learn to read stock market quotes. No matter how bullish or bearish an individual stock may appear, it is virtually impossible to move against the overall trend of the market. Understanding the moves in the entire economic landscape can help assist in your analysis.

Use technical charts in order to learn to read stock market quotes. There are several technical indicators that can signal a bullish or bearish event for short, medium, and long term periods. You should only use technical indicators in combination with other factors including fundamental analysis.

Alternatively, follow stock quotes online. There are several convenient online tools that help you to track the performance of your stocks, for instance, Google Finance, or Yahoo Finance. These websites update the stock price every 15 to 20 minutes.

Understanding Forex Charts for Any Forex Trader

randi — Mon, 11 Apr 2011 00:52:04 +0000

The charts are important and will work to your advantage only if you learn how to interpret technical analysis. Before you can actually begin to engage in the real Forex trade, there is one tool that you should have besides the software and those are the Forex charts, which constitutes an important part of your trading system.

Forex charts are the most basic apparatus in a Forex trader’s tool belt. It is a graph of a currency pair’s performance over a specified range of time. Reading them is essential to a Forex trader’s business, so it’s important to know how to read them and understand what they mean. In this article, we take a look at a number of factors including Currency pairs and Where to access Forex charts.

All charts are labeled with a currency pair: EUR/USD, USD/GBP, etc. All Forex trading deals with different countries’ currency in relation to each other. The EUR/USD chart, for example, tells you how the euro and the U.S. dollar compare against each other. The Forex chart tells you how much of one currency can be bought with another.

The variables of currency exchange can be tracked by using charts such as currency pairs but take your time to learn as the data can be overwhelming at first. Among the three most popular Forex charts, the simplest is the line chart form. This type of chart allows you to see overviews about the trend in the market but is not a good chart if you are into long term trading because it does not support technical analysis capability.

In order to take advantage of trading charts in the most favorable way, you should purchase some type of Forex trading software. This software does all of the analysis for you and provides you with insight on whether you should trade a given currency pair or not. Forex trading software is often automated so you can leave your computer on and the software will “think” for you.

There are way too many Forex currency pairs for one to keep track of. Forex charts show you what currency pairs are up to. One should definitely keep an eye on the currency pair(s) they are trading and may want to keep an eye on new prospects. Forex trading software often gives one the ability to leave this process on autopilot.

Incoming Forex terms:

forex graph

Knowing Your Forex Charts

randi — Thu, 24 Feb 2011 05:16:45 +0000

The best way to make money? That’s the age old question everybody’s been searching the answer for, but you know the ultimate best way to make money? It’s to inherit a billion dollar from your parents or win the lottery. That would be nice, but unfortunately the probability of that happening is a hundred million to one.

There is a sure way to make money without putting your hope in winning the unsure lottery or even the unsure money from your parents and that way is trading in the exchange, whether it’s stock or currency. Currency exchange or in the business community they’re called Foreign exchange is nice way to make money without even getting out of bed.

All you need to do if you want to get in Forex is a deposit of a large amount of money, preferably around $1000 to $5000, that’s to kick off the exchange. Next, is to find a good and trustworthy broker to bring you the gain and/or profit that you so desirably need. If you’re the type of people who likes to monitor your own money and find out how much you’re making, then the logical next step for you is to get a good capacity PC, a bunch of monitors and a solid connection.

When you learn the basic teaching of Foreign exchange, you have to know and this is serious, you have to actually know what you’re looking, that means learning the charts in the trading.

Candlestick Chart
That’s the little graphic that looks like a vertical bar, filling the chart, now in the candlestick chart there are this colors that signal the gain or the loss, for instance, if the inside of the candlestick shows a red color, that means that the closing point is so much lower than the opening point and that goes the same as the blue or green in some charts, which means that the closing point of the chart is so much higher than the closing point. Now, on the top of this candlestick, there are these line called, wick and tail. Wick is on the top of the candle bar which exemplify how high the exchange and visa versa with the tail which is on the bottom of the candlestick.

Price Bars
It’s very weird for a name, because in reality, it’s more of a line than a bar. This line of the charts which happens periodically, for those who doesn’t know what periodically means, it means that this bars or lines or whatever it is happens every 5 minutes, 10 minutes, 15 minutes, depending on each computer system, cause this line and the chart for that matter, is streaming live (well, duh). The meaning of this line is so simple, when the line goes up, that means the point and the gain goes higher when it plunges means it’s in the low point, it’s that simple. Now in this price bars, there are these dots, left dot means that’s the opening point of the market and right dot is the closing port of the market and that means it’s quitting time and go get some beer to celebrate your profit.

Reading a simple Forex Chart

randi — Thu, 10 Feb 2011 06:32:38 +0000

You’re training to become a Broker, to be more specific you’re training to become a Forex Broker. You have learned the basic theory on how to conduct a trade, the dos and don’ts, when to buy and when to sell, when to cut your loss and call it quits. All of that are great abilities to have but what separate a broker from secular person is the ability to actually read and understood the very chart that brokers usually watch.

The chart itself is very different from the chart used for daily stock exchange in that difference is that Forex chart is very easy to interpret and also very easy to use (I had Forex training before and I have to tell you, looking at those charts, really gonna make you dizzy, but that’s just me). To add that advantages, Forex trading is more simpler in that you only have to follow a couple major currencies rather than analyzing hundreds or maybe thousands of stocks.

Basically there are two types of chart available or can be seen inside Forex, Candlesticks and Price bars.

Candlesticks Chart is the most common chart used by the Forex community which gives the same exact data of the Price bars, although is not exactly the same as Price bars in that Candlesticks have this color that symbolizes or to be simple, tell you when the price is higher or lower. Let me clarify, if the candlesticks exhibits a red color on its body, it means that the closing point is lower than the opening, which means if the body shows a blue color (or sometimes green color), that us as the broker would take that as a sign that the closing is much more higher than the opening. There are also these two lines on the candlesticks called the wick and the tail. The wick, well just Wick is a single line on top of the bar that’s going up which act as how high the exchange and tail is the same as wick only it’s on the bottom of the bar, going down that symbolizes how low the exchange are.

Price Bars is a visual representation that looks like a line (it’s obviously is a line) over a period of time based on each broker’s computer system. What do you mean by a period of time? It’s fundamentally a line that compiled the activity of the exchange over a specific time frame, maybe five minutes separation or ten minutes, but again it comes back to your Forex system capability to show the charts which will be live all the time. The meaning to the bar is also simple in that the highest point of the bar means that that point is the highest price the charts have achieved and visa versa to the lowest point of the bar. There are also dots on the left and the right side of the bar, Left dot means is the opening period and the right side dot means its closing time.

Incoming Forex terms:

Forex Charts: Beginners Tips for Ladies in Forex Trading

randi — Tue, 16 Nov 2010 02:40:27 +0000

Ladies, have you heard about forex trading? Have you also heard that it needs complicated technical analysis? No wonder now if you are not interested in forex trading. Perhaps, the fact that forex trading is potential to be profitable investment could make you open your mind now. This article tries to simplify the ‘complicated technical analysis’ for ladies by talking about it in the point of view of … shoppers!

How do you feel if you receive text in your mobile telling that today you can buy the newest BodyShop perfume 30% lower compared to the price you have checked last week? If you really want it, absolutely you will buy it before the promotion last. The text is simply telling you the price change of the perfume. If you invest in forex, let say you have bought Japanese Yen, how you could gain profit? You should sell it when the ‘price’ of the Yen increases! If you want to invest in Euro, when is the perfect time to buy and start investing? When the ‘price’ of Euro decreases! It is simple, right? So how do you know if the Yen is increased and the Euro is decreased? You can know it by looking at forex chart.

Ladies, forex chart basically is the price information about Yen, Euro and other currencies. The chart is provided is line chart, point and figure. When the line is going up, the price is increased, vice versa. How could we determine the ‘price’ in forex market? The price of Yen and Euro should be quoted in other currencies such as US dollar. This is why they call the price as exchange rate. Keep it simple, the exchange rate will be stated as JPY/USD or EUR/USD. For example, if the exchange rate is JPY/USD = 0.52, it means for every Yen you can purchase it with USD 0.52. This exchange rate will not be static, it will change from time to time. In rapid changes in political or economic the changes in a day will be more likely to happen a lot.

Start to get confused now? No need! Forex chart records the changes of the exchange rate daily, weekly, monthly and even yearly. The make it as a combination of dots in line diagram forming a line. You can see that it could be upward, downward and most of the time combination of both. If the EUR/USD is downward, it means that it is now cheaper to buy Euro, vice versa. If you can draw a line chart for your perfume price, that how actually a forex chart is.

The last lesson for ladies about this chart is how to get this chart? If you want for free, just sit during news time in front of TV, there must be a section for business mentioning the changes in exchange rate. What if you want to know the changes at any time you want, because you don’t want to loss chance to make forex gain. You should install software in your computer, connect to internet and get the recent updates by simple clicks.

In summary, to understand forex trading, you need to know the price of the currency you want to invest. Since that currency should be valued by other currency, the price will be stated as forex exchange rate rather than single price like your perfume. Forexc chart will show you the changes of the exchange rate and inform you if now is the time to buy or to sell your forex. Isn’t it simple?!

Incoming Forex terms:

Forex Charts

Setting Strategy with Forex Chart

randi — Mon, 11 Oct 2010 05:32:36 +0000

If you are new in forex trading or even not yet put your first step on this investment, you may think that forex trading is complicated. Motivated by the return from selling and purchase various currencies, you always have chance to learn more about this business. Just like other income opportunities, forex trading source from diverse causes. What are top tools in forex trading for decision making? What is forex chart and how it can help to make good forecasting in the future.

To master the skills needed in this forex trading, you should get familiar with the financial tools. The top tool for forex trading is forex chart. Why? Your gain or profit in forex trading will be based on the changes in the currency exchange rate; any movement is potential to generate income and causes losses. The up and down exchange rate behaves in certain patterns. The chart will give you the historical data to show how the market behaves. It could follow the Symmetrical Triangles, Double Top and Head and Shoulders pattern.

Once you identify that the currency you are observing now tends to have certain pattern, it will be the starting point for you to forecast the future movement. The prediction will be based on the current movement of the forex, combined with your observation of the affecting factors. The chart will support better analysis in image compared to statistical data in table. the visualization of the data will help to understand the pattern and make a good forecast for future. When you are quite sure where the exchange rate will move, you can do action to buy or sell to make forex gain.

The advancement of forex chart available today has provided not only the chart. The software has the option to send alert for certain changes. The other forex chart even equipped by suggested strategies for certain pattern of forex movement. You should carefully use the chart from various forex charts available in the market. Free forex chart is not difficult to find in internet, but the premium forex chart with many tools could be helpful for you to make a good decisions. You can do it your self or hire a broker to do the transaction. The target is the same: foreign exchange transaction gain.

Make sure that you will buy the chart that you can understand and use, not a details chart that you get lost in it. Forex trading needs commitment to observe the opportunities in the movement of forex rate. Good forex chart should give clear historical movement of the forex during the day including opening range of trading, the movement of trading in between, and the range at the end of the day. The chart is also a good source to observe the movement for weekly, monthly and yearly. The additional tools are helpful to develop strategy and giving alert to certain type of movement. A good strategy should take into account the factors affecting the forex rate movement such as political, natural disaster, and economy.

Incoming Forex terms:

forex chart

Forex Technical Analysis: Trading With Charts And Trends

admin — Sat, 17 Apr 2010 06:57:23 +0000

There are basically two types of currency exchange trading: forex fundamental analysis and technical analysis. . Then as soon as you spot an emerging pattern that fits your system, you have a trading opportunity. Line charts simply plot each closing price and join them with a line. The rise and fall of the line shows the general movement of a currency pair. However, it does not show movements within the trading period, only the close. When you see a trend forming, you can make money by trading in the same direction as the emerging trend. ‘The trend is your friend’, as currency traders say. Studying price movement with forex technical analysis involves charts. Forex candlestick charts show all of the same information as a bar chart, but presented in a different way which most people find easier to read at a glance. For this reason, identifying the trend is the most important thing to learn in forex technical analysis and using candlestick charts is probably the easiest way to do this.
There are basically two types of currency exchange trading: forex fundamental analysis and technical analysis. Many of these reports are given out regularly at predetermined times and dates, and you will see a lot of volatility in the forex markets around those times. If you want to base your trading around fundamental analysis of the forex markets you will need to be the type of person who enjoys following the financial, political and economic news. So even for somebody who prefers basing their trades on charts, forex fundamental analysis is important.
It will be clear to anybody who has even the most rudimentary understanding of the currency markets that a nation’s economic status will have an effect on the value of that nation’s currency. A healthy economy means a strong currency, just as a company’s stocks will rise in value when that company is doing well. However, it is not only the economy that counts. Social and political forces also have a strong influence on a nation’s currency values. Events such as an election, civil unrest, or a natural disaster can cause fluctuations in values. You can use historical analysis to see what happened in the currency markets the last time there was a similar event.
Line charts simply plot each closing price and join them with a line. The rise and fall of the line shows the general movement of a currency pair. However, it does not show movements within the trading period, only the close. When you see a trend forming, you can make money by trading in the same direction as the emerging trend. ‘The trend is your friend’, as currency traders say.

It’s easy to win in Forex … easy?

admin — Thu, 23 Jul 2009 18:00:28 +0000

It’s easy to win in Forex … really? This question has two answers.

One: when operating in a demo account is very easy to win.
Two: when operating in a real account is more difficult.

In principle, operate with real money is a most difficult task to operate in a test platform.

And why the difference?

Neither more nor less because the operator, without doubt, has not been detached from the emotions.

In a test account operator does not give importance to what they earn. No such gains associated with their wallet. With the real account is different: losses and gains will permanently remember how hard it was to get those funds.

The goal, the challenge for operators is to treat forex as a business: emotion out.
An operator that passes from a demo account to a real account, because they feel safe in itself, has felt comfortable with its operations and is able to successfully repeat, must be able to control their emotions to stick to your plan.

The operator must incorporate into their professional discipline essential to enable it to continue its pre-determined, regardless of the emotions that appear when you are in the market or trying to open a position or handling a transaction done.

If you are able to understand this business like a business in itself and manages to control his emotions, the operator will get the same results as a test account.

So … how do we make the transition from one account to a real test?

First things first.
The demo account, the test will give you many opportunities to develop your plan, know the market and yourself. You can “do that …” without risking your capital.

The road follows step by step, gradually.
Then, when 1) you have taken your time sharpening the pencil on the demo account 2) have accumulated some gain 3)’ve prepared your plan 4) you feel safe and comfortable you can move to the next step: the real account. 1) 2) 3) and 4) are conditions sine qua non. All.

Obviously, step by step means that beginning with small operations, this is a mini-batch, or 10,000 units. No more for now.

This has the advantage of helping you control your emotions: the potential losses are not important. Gaining or losing just lets you act as you did in the demo account … that’s the idea.

When you are able to earn profits through winning a series of operations, increases the size of the transaction, such as 2 mini lots.

Repeat the steps until you believe it is easy to do and that you are able to generate profits.

At this level you must understand you are not operating Forex to make money but to accumulate knowledge. Is the price of market entry. This is key.

What we’re doing is to develop an emotional comfort from increased volumes and the sequencing results. And here is an error of most traders: very often people work too much money to risk it can endanger your account. As a result the nerves appear and the lack of control leads to disaster. In this case they “want,” “beg” to analyze and operate.

If you are in this situation, close the open position, operations and do not reconsider. Maybe you should start the process again.

Following the steps above, surely you will notice that your focus is more on the business, analysis and operations in the money. And that is the truth and the key to the business.
Take care to make the Forex “your business”, treat as such and then the money will come as something natural.

Incoming Forex terms:

win on the forex with small position

Forex Currency Pairs

admin — Mon, 20 Jul 2009 18:07:50 +0000

Foreign Exchange Market (Forex) is the arena where a nation’s currency is exchanged for that of another at a mutually agreed rate. It was created in the 70′s when international trade transitioned from fixed to floating exchange rates, and nowadays is considered to be the largest financial market in the world because of its tremendous turnover.

Probability of earning on Forex is based on the fact that every national currency is a good, as well as wheat or sugar, and a medium of exchange, as gold or silver. As the world is changing so fast, economic conditions of every country (production, inflation, unemployment etc) are getting more and more dependant on each other, as a result, the rate of a currency changes against other currencies. This is the main reason of the process of rate fluctuations.

All currencies are traded in pairs and each is assigned with an abbreviation.
Table 1. Currency Abbreviations
Abbreviation Interpretation
EUR Euro
USD US Dollar
GBP British Pound
JPY Japanese Yen
CHF Swiss Franc
AUD Australian Dollar
CAD Canadian Dollar
NZD New Zealand Dollar
SEK Swedish Krona
DKK Danish Krone
NOK Norwegian Krone
SGD Singapore Dollar
ZAR South African Rand

Currency exchange rate is the rate at which currencies are exchanged one for another. For example, «EUR/USD exchange rate is 1.2505» means that one Euro is exchanged for 1.2505 US Dollars.

The exchange rate of any currency is usually given as the Bid price (left) and the Ask price (right). The Bid price represents what will be obtained in the quote currency (US Dollar in our example) when selling one unit of the base currency (Euro in our example). The Ask price represents what has to be paid in the quote currency (US Dollar in our example) to obtain one unit of the base currency (Euro in our example). The difference between the Bid and the Ask price is referred to as the spread.
Table 2. 1.0 lot size for different currency pairs
Currency pair↓ 1.0 lot size Necessary margin for 1 lot 1 pip size

EURUSD EUR 100,000 1000 EUR 0.0001
USDCHF USD 100,000 1000 USD 0.0001
GBPUSD GBP 100,000 1000 GBP 0.0001
USDJPY USD 100,000 1000 USD 0.01
AUDUSD AUD 100,000 1000 AUD 0.0001
USDCAD USD 100,000 1000 USD 0.0001
EURCHF EUR 100,000 1000 EUR 0.0001
EURJPY EUR 100,000 1000 EUR 0.01
EURGBP EUR 100,000 1000 EUR 0.0001
GBPJPY GBP 100,000 1000 GBP 0.01
GBPCHF GBP 100,000 1000 GBP 0.0001
EURCAD EUR 100,000 1000 EUR 0.0001
NZDUSD NZD 100,000 1000 NZD 0.0001
USDSEK USD 100,000 1000 USD 0.0001
USDDKK USD 100,000 1000 USD 0.0001
USDNOK USD 100,000 1000 USD 0.0001
USDSGD USD 100,000 1000 USD 0.0001
USDZAR USD 100,000 1000 USD 0.0001
CHFJPY CHF 100,000 1000 CHF 0.01

Let’s assume that exchange rate for EUR/USD is 1.2505/1.2509. You may have made market analysis and decide the EUR/USD rate is moving higher (at least to 1.2600). You buy 0.1 lot (minimum contract size) of EUR/USD at the 1.2509 (ask price). Table 1 will help you to define what the contract size is: i.e. 1.0 lot for EUR/USD is 100 000 EUR, then 0.1 lot (our contract size) is 10 000 EUR.

This means that you bought 10 000 EUR and sold 10 000×1.2509=12,509 USD. So, in order to make a deal you don’t have to sell total amount of 12.509 USD but 100 times less just $125.09. The rest sum of the money (in our example $12,383.91) is leveraged to you by a broker (a company you entered the contract with to enter the market).

Leverage is the term used to describe margin requirements: the ratio between the collateral and borrowed funds: 1:20, 1:40, 1:50, 1:100. Leverage 1:100 means then when you wish to open a new position, then you must have deposit 100 times less then the contract size.

So, you forecast that EUR/USD is moving higher and you buy 10.000 EUR and sell 12.509 USD. Assume you are right and EUR/USD reaches 1.2599/1.2603. You close the open position by the opposite one, in our example, you close short position (sell position) by long position (buy position), i.e. you sell 10.000 EUR (0.1 lot* 1.0 lot size for EUR/USD) and buy 12.599 USD:
Transaction EUR USD
Open a position — buy EUR and sell USD + 10,000 – 12,509
Close a position — sell EUR and buy USD – 10,000 + 12,599
Total: 0 + 90

You get a profit of 90 dollars. And you didn’t operate with 10.000 EUR ($12,509), but only $125. So, the profit is 90 pips. Pips or point is a minimal rate fluctuation. For EUR/USD 1 pips is 0.0001 of the price (see table 2). Our profit is 1.2599-1.2509=0.0090, i.e. 90 pips.

So, you invested $125 and take a profit of $90. The time period for this can take from 10 minutes to several days. But anyway to make profit of $90 for several hours isn’t a bad return at all. But be aware, that all this can work against you and magnify your losses. Only money management will help you to minimize the risks, moreover to reduce them to zero, and increase the return of your funds from 10% to 20-30% and higher per month.

One question is left: what is broker’s charge for the leverage he provides? If you open and close a position till 2:00 Moscow time, a broker provides the leverage for free. If you leave your position after 2:00 Moscow Time, he credits to your account or debits from you account a storage — charge for the overnight position. It can be both positive (credited to your account!) and negative (debited from your account). It depends on the interest rates in those counties which currencies you trade.

For example, ECB interest rate is 4.25%, FED interest rate is 3.5%. Assume, you have a short position on EUR/USD per 1.0 lot. You sell 100.000 EUR. This means you borrow them at 4,25% per annum. You sell euro and buy dollars, which can be deposited at 3.5% per annum. As a result, the costs are (4.25-3.5)% per annum or 937.5 dollars per year (if EUR/USD rate is 1.2500), or $2.57 per day. This means that your account will be debited on $2.57 everyday per one lot if you have a short position (selling position) on EUR/USD. And your account will be credited $2.57 everyday per one lot if you have a long position (buying position) on EUR/USD.

In practice the debited amount is a bit higher than 2.57%, and the credited amount is a bit lower than 2.57%. The difference goes to a broker as a payment for the rollover (see Contract Specification).

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Forex Charts: Beginners Tips for Ladies in Forex Trading

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Setting Strategy with Forex Chart

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Forex Technical Analysis: Trading With Charts And Trends

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It’s easy to win in Forex … easy?

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Forex Currency Pairs

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