16 May 2012
Forex trading is right for you if you are quick thinking and can make snap decisions - cut losses almost as soon as they begin to affect a trading transaction and take profits without being greedy. The bottom line is that risks in the forex trading business are significant, and it is crucial to know about them before starting forex trading.
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17 April 2012
It makes sense to have a plan for any significant activity in your life and Forex Trading is no exception, having a Forex Trading Plan in place before you trade is essential. So before you trade in Forex first ask yourself if you really understand why you are trading, have you set your goals, how much time commitment will you make and what Forex trading strategies will you use - whats the plan?
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20 March 2012
OECD stands for the Organization for Economic Cooperation and Development that was formed to formulate and promote policies that would ensure better economic conditions and social well being of people all over the world. It was established in 1961 as an extended form of the OEEC or Organization for European Economic Cooperation, and has its headquarters in Paris, France for its 34 member countries, while also having relations with 70 other countries.
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22 February 2012
Many people may have heard about Knowledge to Action and wondered what it is all about? Knowledge to Action was begun by Greg Secker and he is now considered a pioneer in the formal trader coaching industry. Knowledge to Action teaches the basics of forex trading, technical analysis and many strategies involved when trading forex.
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02 February 2012
A single-dealer platform is finance related software available for investment banks to use for providing trading related services online to its set of clients. It serves as a complete electronic trading kit for individual investors seeking multiple asset trading options through a single interface.
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18 January 2012
A multi-dealer platform is a venue for internet trading for different types of financial assets, and provides all the relevant information about prices and trading opportunities with multiple dealers. Unlike a single dealer platform which focuses on a single dealer but can encompass multiple assets, the multi-dealer platform focuses on a single asset, like forex, but includes many dealers.
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06 December 2011
Forex books are a great source of information and guidance for individual investors intending to make a foray into forex trading. Once the forte of mainly hedge funds and large international banks, forex trading has expanded substantially and its online opportunities provide individuals with access to the currency market.
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14 November 2011
The European Currency Unit (ECU) was an artificial basket of European currencies, or the currencies of the EU member nations. It was used till 1999, when it was replaced by the Euro, but for a twenty year span since its inception in 1979, it was used extensively among member countries as an internal accounting unit.
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10 October 2011
TIBOR refers to the Tokyo Interbank Offered Rate that serves as a benchmark and reference rate on a daily basis in the Japanese interbank market. This rate is based on interest rates at which banks are willing to offer unsecured loans to other banks of the wholesale money market in Japan.
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14 September 2011
Euribor refers to the Euro Interbank Offered Rate and is the rate of interest at which banks can borrow funds from other banks that form part of the EU interbank market. The prime banks are all of top credit standing with the highest business volume and are meant to represent the diversity of the Euro money market.
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