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Archive for March, 2009

What to watch for when reading a forex book

Posted by On March - 31 - 2009

When it comes to forex trading, there are many, many resources out there to help you learn the ropes. There are online courses, seminars and even one-on-one training available. But sometimes the best way to learn is the old-fashioned way: by reading a book.

The marketplace abounds with forex books, and many new traders find them the best way to learn because it allows them to re-read passages as many times as necessary to fully grasp the concepts. Imagine asking the speaker at a large public seminar to repeat himself and you can see why a book has its advantages!

The question is, which forex book should you read? Like any other field, the forex trading world has its share of hucksters and liars. Be wary of any book that makes outrageous claims in its title or on the cover —

This Week's Market Outlook

Posted by On March - 31 - 2009

One week after the USD plunged against other major currencies, the greenback has come bouncing back. The reversal stems from many reasons, but the keys to watch are: 1) Fears over USD devaluation stemming from the Fed’s buying of Treasuries were allayed by solid investor demand for $98 bio of…

Source:This Week's Market Outlook

Because currency exchange covers the entire world and all 24 time zones, forex is a 24-hour-a-day market. This is good in that it results in billions upon billions of dollars of transactions per day. But it also means that forex traders have a constant influx of information to keep track of, unlike the stock market, where once trading closes at 5 p.m., that

This Week's Market Outlook

Posted by On March - 30 - 2009

One week after the USD plunged against other major currencies, the greenback has come bouncing back. The reversal stems from many reasons, but the keys to watch are: 1) Fears over USD devaluation stemming from the Fed’s buying of Treasuries were allayed by solid investor demand for $98 bio of…

Source:This Week's Market Outlook

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