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Examples
IntroductionForex HoursMarket CommentaryTrading RulesExamples SELLING USD/JPY Contract A USD/ JPY contract consists of 100,000 USD and well is quoted with spread of 5 points (and minimum quote fluctuation of 0.01) margin requirement is $ 1000 per contract. A client believes that the US Dollar is overvalued and will weaken against the Japanese Yen. To exploit
Market Commentary
IntroductionForex HoursMarket CommentaryTrading RulesExamples Market Commentary Friday 10 October 2008 FOREIGN EXCHANGE EUR/USD closed slightly lower on Thursday due to profit taking as it consolidates some of this week’s decline. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI are overbought and are turning neutral to
Introduction
IntroductionForex HoursMarket CommentaryTrading RulesExamples Forex Basics The following is an introduction to some basic terms, definitions and concepts used in forex trading. It is designed to be read in chronological order, starting with the most simplest terms and moving through to some more advanced terms used in the forex trading market, or you can click