When shorting a currency pair you are in effect selling the base currency of the pair at the market rate and buying the secondary currency of the pair.
When shorting a currency pair you are in effect selling the base currency of the pair at the market rate and buying the secondary currency of the pair.
The most essential trading tool available to an online forex trader is the trading platform. This is a tool that embodies charting software, technical and fundamental analysis tools to enable a trader to successfully trade forex.
Read about the reliable triple top and bottom chart patterns and how those who trade forex can use them profitably.
A continuation chart pattern is formed when the current price action pauses within its trend for a short or long time period before continuing in its original direction.
Leverage can be a wonderful forex trading tool, when properly deployed. But the best investors in history, such as Warren Buffett and Bill Gross, utilize very little leverage, even though each could borrow billions and billions.
Read about how margin trading works for those who trade forex online, and how margin is related to leverage.
Mastering the art of buying and selling securities for a profit based on the bid offer spread can be very lucrative. Paradoxically, it is the most profitable for the least popular securities.
Financial contracts are measured in lots. Find out what they are and how they came about.