GBP/USD
GBP/USD is the third world currency markets most liquid currency pair constituting 12% of the daily currency turnover. This pair is remarkable for its hard to control and high volatility movements and it’s absolutely not recommended for the newcomers as requires constant currency market updates. The world currency market signals sometimes are fallacy and the newcomers are easily mislead by this market movements. The British pound is as a...
World currency markets: currency pairs peculiarities - 2
On March - 26 - 2009
EUR/USD
The most currency market updates related recent report of the Bank for International Settlements, BIS of 2007 witnesses that the EUR/USD is the most common traded pair with 27% daily share of the trade. This world currency market pair is a great instrument for experienced market traders and for newcomers. It’s a european currency market extremely active pair with small volatility that is very attractive for most traders. The pair’s movements...
Currency Market Updates: currency pairs
On March - 25 - 2009
This article is based on Grace Cheng works, the foundator and the editor of the GraceCheng.com site totally devoted to the european currency market forex trading market happenings and news. She is as well the author of the “7 winning strategies for forex trading” book (2007) and is the creator of the PowerFXCourse – world currency market online training course.
Real time currency market trading is based on selling one currency and parallel purchasing...
World and European currency market Losses Management - 2
On March - 24 - 2009
Let’s have a look at one example applicable to world currency market. Imagine that you open a EUR/USD short position priced 1,2536. In the moment you are making this deal, support/resistance levels are 1,2500 and 1,2620. You activate your stop-loss at 1,2625 level and your profit target equals 1,2505. Thus, you may consider this position to be a one-day or 2-3 day position.
It means that you should close the position before it’s term runs out...
Real Time Currency Market Losses Management
On March - 23 - 2009
In this article we would like to discuss one of the most burning trading in general and currency forex market trading issues – management of orders and positions. It includes trader’s choosing points of entering a world currency market and making decisions about points of leaving the market while stop-losses and limit-orders marking.
We hope, this article helps the forex newcomers traders who are searching for currency market definition and some...
