Learn Forex Trading

Forex Market News

All the latest Forex trading news that will influence the desicions you make in your daily trading.

Forex Books

Good Books on Forex Trading are rare especially downloadable books. Here are a few Trading books that are really good options for the Forex Trading Beginner.

Simple Forex Solution

This is not a get rich quick scheme. On the contrary, it's a get really rich slow scheme. Big moves take time to develop. I will show you how to spot them and stick with them. Actual trades are outlined in detail with entry, exit, and stop loss strategies. You don't have to sit on the edge of your seat, nerve wracked over every little move of the market. Let the market do what it wants.

You will learn in detail a step-by-step program that will truly free you of the worries of short term thinking and trading. In fact, you could be reading this downloadable manual in as little as 5 minutes. I guarantee that the 3 hours it takes to read this manual will greatly improve your long term performance in currency trading and short term anxiety.

Here's what this package offers you:

A simple yet powerful method even the beginner can use
There is nothing else to buy. It's the complete package
The method is logical and will not cost you a dime to test it all out yourself
It utilizes free or paid online charting packages
It can be adapted to fit your investment risk tolerance
A true, set-it-and-forget-it method
Data analysis presented in a meaningful way
The simple mechanics of making a trade

Forex Courses

These courses From the Trading Academy are ideal for the Self Study Forex Trader. Click on the links for further reading.

Professional Trader Education Value Pack for Forex Traders

Receive over 15 hours (8 CD's) of our best Forex trading education
in one package! Containing the newest Advanced Forex CD, this
education pack focuses on exactly what you need to know to become
a successful Forex Trader.

Forex CD 1 - The Fantastic World of Forex

Learn Forex Trading from a pro with this Brand New CD
- by Mike Mc Mahon - pips, leverage, which currencies to trade.

Forex CD 2 - Advanced Spot Forex Trading Strategies

Learn the more advanced Forex Trading techniques from a pro
with this Brand New CD - step-by-step instructions through
high probability entries, exits and the necessary stops to give
you maximum profitability and capital preservation

Technical Analysis for the Professional Trader CD (Part 1)

This CD contains critical information to help you learn to use
charts and technical indicators in a clear, simple and concise
manner to improve your trade entries and exits.

Technical Analysis for the Professional Trader CD (Part 2)

Further refine your ability to use S&R lines, trend lines,
candlesticks, continuation patterns and more.

Fibonacci Trading CD

Use Mathematical Magic for Better Profits from Each Trade.
Learn how to use Fibonacci Retracement, Extension and
Projection Analysis to maximize your profits and tightly
control the losses.

Stress Management CD

Turn Yourself into the Successful Trader You Know You Are
Learn how to reduce stress in your life as a trader - remain
cool under pressure and take the profits as they come.

The Forex Market

The Forex Market(Foreign Exchange Market) – better known as FOREX - is a world wide market for buying and selling currencies. It handles a huge volume of transactions 24 hours a day, 5 days a week. Daily exchanges are worth approximately $1.5 trillion (US dollars). In comparison, the United States Treasury Bond market averages $300 billion a day and American stock markets exchange about $100 billion a day.

The Foreign Exchange Market was established in 1971 with the abolishment of fixed currency exchanges. Currencies became valued at 'floating' rates determined by supply and demand. The Forex grew steadily throughout the 1970's, but with the technological advances of the 80's Forex grew from trading levels of $70 billion a day to the current level of $1.5 trillion.

The Forex is made up of about 5000 trading institutions such as international banks, central government banks (such as the US Federal Reserve), and commercial companies and brokers for all types of foreign currency exchange. There is no centralized location of Forex – major trading centers are located in New York, Tokyo, London, Hong Kong, Singapore, Paris, and Frankfurt, and all trading is by telephone or over the Internet. Businesses use the market to buy and sell products in other countries, but most of the activity on the Forex is from currency traders who use it to generate profits from small movements in the market.

Even though there are many huge players in Forex, it is accessible to the small investor thanks to recent changes in the regulations. Previously, there was a minimum transaction size and traders were required to meet strict financial requirements. With the advent of Internet trading, regulations have been changed to allow large interbank units to be broken down into smaller lots. Each lot is worth about $100,000 and is accessible to the individual investor through 'leverage' – loans extended for trading. Typically, lots can be controlled with a leverage of 100:1 meaning that US$1,000 will allow you to control a $100,000 currency exchange.

Advantages to trading in Forex.

Liquidity - Because of the size of the Foreign Exchange Market, investments are extremely liquid. International banks are continuously providing bid and ask offers and the high number of transactions each day means there is always a buyer or a seller for any currency.
Accessibility – The market is open 24 hours a day, 5 days a week. The market opens Monday morning Australian time and closes Friday afternoon New York time. Trades can be done on the Internet from your home or office.
Open Market – Currency fluctuations are usually caused by changes in national economies. News about these changes is accessible to everyone at the same time – there can be no 'insider trading' in Forex.
No commission – Brokers earn money by setting a 'spread' – the difference between what a currency can be bought at and what it can be sold at.

How does it work?

Currencies are always traded in pairs – the US Dollar against the Japanese Yen, or the English Pound against the Euro. Every transaction involves selling one currency and buying another, so if an investor believes the euro will gain against the dollar, he will sell dollars and buy euros.

The potential for profit exists because there is always movement between currencies. Even small changes can result in substantial profits because of the large amount of money involved in each transaction. At the same time, it can be a relatively safe market for the individual investor. There are safeguards built in to protect both the broker and the investor and a number of software tools exist to minimize loss.

Forex

Learn Forex Trading today and trade the Forex market on a daily basis. Trading the Forex are one of the most exciting and rewarding markets to trade today. Many Beginner Forex Traders are looking for easily obtainable forex trading information to educate themselves in the trading of Forex. The purpose of this website is to provide a better understanding of the Foreign Currency Exchange market.

Foreign Exchange trading used to be limited to large institutions such as national banks and multi-national corporations. In the 1980's the rules were revised to allow smaller investors to participate using margin accounts. Margin accounts are the reason why Forex trading has become so popular. With a 100:1 margin account, you can control $100,000 with a $1,000 investment.

Forex Trading is not for everyone and education is needed to make wise investment and trading decisions. Although it is relatively easy to start trading the Forex, there are risks involved, so finding out as much as possible about the market is of vital importance to any beginner trader or investor.

This website provides the new Forex Trader with information pertaining to Forex Trading, Live Forex Charts , Analysis of the Forex Market and explanation of Technical Analysis Indicators including Forex Pivot Points , Elliott Wave , Bollinger Bands , Forex E-books , and Forex News .