Fibonacci strategies in forex trading are strategies for anticipating and capturing significant turns in stocks, stock indices and exchange-traded funds. They use classic principles and applications of Fibonacci numbers and a trading system known as the Elliott Wave. The idea is to calculate and predict key turning points in the...

The foreign exchange market, sometimes known as the Forex market, is one that is affected by several things. The market itself is becoming one of the most popular forms of trading today. It once was reserved for the richest of the rich, however today with lower minimums; this is a...

For those of you who are new to the forex market, or even for those of you who are considering becoming a forex market trader, this article is for you. Welcome to forex 101, where you will learn exactly who forex is and what it does. Also for the forex...

Forex refers to the foreign currency exchange market, the world’s largest financial trading market. Some terms that help a person understand Forex trading include: Bid – to buy Ask – to sell Liquidity – financial ease of transaction, i.e. cash Trading volume – the amount traded...

For those who trade using the Forex, or foreign currency exchange, knowing how to forecast the Forex can make the difference between trading successfully and losing money. When you begin learning about Forex trading, it is vital that you understand how to forecast the Forex trading market. There are two...

You may hear that one of the handier tools in a forex trader’s toolbox is a pivot point calculator. Pivot points are one of the commonly used triggers for trading systems. If you’re new to the forex market, though, you may be foggy on exactly what pivot points are and...