Escon deOjo's Forex

Original post by Surefire Trading Challenge
Some brokers are now beginning to quote the other major currencies to 5 decimal places. Rationally this should mean that one pip would be 0.00001 currency units, but the potential there for confusion is huge, if a pip would be worth 10 times as much with some brokers than [...]

Guest article by Xtreme Pip Poacher
If you’re losing with forex, you probably need a foreign exchange trading course that may turn those losses into profits. Of course this is the aim of any currency trading course, but only in the sense of the bottom line. No-one can have profitable trades one hundred pc of [...]

If we take a scalping system that makes an average of twenty pips on a profitable trade and loses a standard 30 pips on a losing trade, with eighty percent of its trades being profitable and only twenty percent losses, this is the edge for this system:
Edge = (80% x 20 pips) – [...]

This is a guest post by Forex Trading Scalper
This is the first of two articles looking at foreign exchange vs stocks from the viewpoint of the retail stock trader. But what precisely is the currency exchange market? How does it work?
Global Market
foreign exchange trading is a global affair. Currency [...]

This is a guest post by Forex Illusion
If you are going to run automated currency trading software in the shape of a robot, having no-one else access the PC is even more crucial. Bots can access the market and trade for you twenty-four / 7, maximizing your trading prospects. However , a lot [...]

This is a guest article by High Velocity Market Master
If you visit foreign exchange forums you will certainly hear people talking about scalping forex. Some swear it is the only possible way to trade, others say that it is a funny method which has no hope of making money.
In this piece we are [...]

All you need to start is a high speed Internet connection. You don’t even need any funds if you simply want to practice in demo mode at the start. Naturally, if you want to earn income you must have some to invest. One thing that many folk get wrong is that they risk too [...]

Forex relies upon analysis and scalpers have to do it quick. Sure the charts and indicators do the calculations for you but you still have to check other time periods and take everything in at a glance. You have to be attentive a hundred percent of the time.
You also need to be somebody [...]

Some people consider that day trading systems are more relaxed. But on the other hand, at the end of the day you can switch off your personal computer understanding that each trade is closed and nothing is going to happen to your account balance while you are asleep, so it can be simpler [...]

Forex trading needs specific things if you are intending to do it successfully. One of these things is that you need to take it seriously. It’s no good going into forex trading if you simply deal with it like a game. You will never make any money, in fact you will [...]