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FOREX - The foreign exchange (FX)

Forex trading is a zero sum game and those traders with a trading plan and the necessary discipline to stick to it will succeed over those that trade without one.

If you want to be on the positive side of FOREX TRADING, start with your trading plan - it is your most important weapon against your opponents.

FOREX TRADING

The majority of FOREX TRADERS who often find themselves on the losing end of a trade make the same common and recurring mistakes.

Most FOREX traders don't have a clear direction, never take the time to develop a sound business plan and lack a formal written strategy for putting a well thought out plan in place.

FOREX HEADLINES

Forexpros.com To Release an Innovative Multi Lingual Forex Toolbar (PRWeb via Yahoo! News)
Forexpros.com Announce today the release of the multilingual Forex toolbar for IE.
Publ.Date : Sat, 05 Jul 2008 07:01:00 GMT

India's Forex reserves decline from $ 312.48 billion to $311.79bn (Islamic Republic News Agency)
India - Forex Reserves - Declines India's Forex reserves fell by $691 million for the week ended June 27 to $311.79 billion as against $312.481 billion in the last week.
Publ.Date : Sat, 05 Jul 2008 13:13:22 GMT

FOREX-Euro hits 1-wk low vs dlr, punctured by Trichet (Reuters via Yahoo! Malaysia News)
* Euro flat at $1.5690, after hitting 1-wk low at $1.5654
Publ.Date : Fri, 04 Jul 2008 14:32:12 GMT

Rupee hits all-time low versus dollar (Business Recorder)
KARACHI (July 06 2008): With international oil price on an upward path and lower than expected forex inflows in June, the Pak rupee on Saturday came under fresh pressure, touching an all time low of Rs 70.15 to one dollar to finally close at Rs 70.14 against the greenback.
Publ.Date : Sat, 05 Jul 2008 22:35:13 GMT

FOREX:Ringgit Likely To Remain Soft Next Week (Bernama)
KUALA LUMPUR, July 5 (Bernama) -- The ringgit is likely to remain soft next week as persistent inflationary pressure and gloomy outlook in global economic growth continue to impact the currency and equity markets, dealers said.
Publ.Date : Sat, 05 Jul 2008 06:08:51 GMT

Tip! Low Transaction Costs for Forex Trading. There are no hidden fees for forex brokers as they are not paid by the traditional commission based fees.

The forex trading market is the largest trading market in the world. According to a study done in 2004, approximately two trillion dollars are traded each day in markets across the globe.

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Sources: Wikipedia, FCIC and other public sources.
 

FOREX TRADING | FOREX SYSTEM | FOREXCOM | FOREXTRADING | FOREX PROFITING