The two most common strategy are fundamental analysis and technical analysis. Fundamental analysis concentrates on the forces of supply and demand for the currency. This examines all the factors that determine the supply and demond of a security like inflation and interest rate. Technical analysis use charts and indicators to forecast the future price of [...]

The word FOREX is derived from Foreign Exchange and it is the largest financial market in the world. Unlike other markets the Forex market is open 24 hours a day. It is estimated that anywhere around 80% of the Forex market is speculative. People don’t buy or sell currency to actually taking delivery of the [...]

The bid / ask spread is an important factor in forex trading. Basically, the bid / ask spread is established by demands. If a currency have high demand, the spread will be small, and if a currency is in a low demand, the spread will be big. You can get profit from the spread. Forex [...]