Economic Indicators?
I need help in getting 2 strenghts and weakeness of the next economic indicators:
-US trade deficit (trade balance)
-Price of Light Sweet Crude Oil per Barrel
-Trade Weighted Exchange Index Major Currencies
-Net Exports of Goods and services
-Consumer Price Index
Trading indicators are best used along with money management and good risk control, using trading indicators alone will not [...]
Good info sources for GBP/JPY?
I trade the GBP/JPY, and have fantastic technical indicators already set up. However, I still need some good sources that might point out "the mood" surrounding this pair on any given trading night. I already use Forex Factory, and sometimes go to Bloomberg.com, but I’ve found that Bloomberg is not a great source [...]
How does currency trading like Forex work exactly?
I understand that you buy currency in "lots" and depending if they go up or down in value you make in profit or loss.
I just don’t understand why the currencies are paired like "EUR/GBP".
Can someone help me understand the actual process taking place when people trade currency?
Trading indicators are best used along with money management [...]
What is better out of trading ordinary spot forex or currency options?
I am 18 years old and I am considering trading currencies as a home based business. I’ve had practice with ordinary spot forex and find it okay. I want to know what is better if I was to trade ordinary spot forex or currency options? Which is better, and which has the best chance of [...]
What is the best site for trading stocks and currency exchange?
I am completely new to the world of trading stocks or currency, but I want to get started. I see ads for all these different websites (ameritrade, etrade, etc.), and I was wondering, which (if any) would be the best for a beginner? I’m not looking to get rich quick, but I would like to [...]
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