I. The History of Monetary Unions
“Before long, all Europe, save England, will have one money”. This was written by William Bagehot, the Editor of “The Economist”, the renowned British magazine, 120 years ago when Britain, even then, was heatedly debating whether...
Originally exchange took place without the use of money, by barter. Long before money had come into the commercial world people exchanged goods for goods. This system of barter made it possible to satisfy many wants that would otherwise have gone unsatisfied. Barter raised the standard of...
The forex market exposed, wait until you see whats inside
Dear Friend,
Forex traders are raking in big profits with low risk high yield, investment strategies that exist only in the foreign currency market. Especially those who have a trained eye that can see excessive profit...
The Forex market (or Foreign Exchange market) has become one of the most lucrative forms of stock trading in history. Until recently, this market was limited to government banks and lending institutions. Today, any investor can take advantage of this profitable market easily.
The Forex...
Take two traders, give them the same starting capital, the same trading platform, the same market and the same trading system with precise rules for entry and exit. Come back a month later and what will you find? One trader will be up 20% and the other down 40%.
Its amazing isnt it, how...
You know, its true what they say. The more things change, the more they stay the same! It has been just about three years now, since January of 2003, that I wrote my now classic I Was Wrong article, admitting that trend following was not dead after all. And in the past couple of years, we have...
Historically, the FX market was available most to major banks, multinational corporations and other participants who traded in large transaction sizes and volumes. Small-scale traders including individuals like you and I, had little access to this market for such a long time. Now with the advent...
Many people are looking at getting into day trading, and start with studying the Stock Market, and the different stock exchanges. What many dont realize is that there are different markets and financial instruments that one can profit from. One market that has recently become available to the...
Forex Trading, also known as FX Trading or Foreign Exchange Trading, is what happens when you trade one nation’s currency for another. For example, if I go to the bank and exchange ten United States dollars for 15 Australian dollars, I have completed a simple Forex trade.
The forex...
Before we go into 7 rules of Forex Trading, that have been approved by a number of full time and successful traders, Id like to narrate this story.
There was a lion, a donkey and a fox all keen to go out rabbit hunting together. After a productive day of hunting, the three of them sit...
Price charts can be simple line graphs, bar graphs or even candlestick graphs. These are graphs that show prices during specified time frames. These time frames can be anywhere from minutes to years or any time interval in between.
Line charts are the easiest to read, they will show you...
Do you value your time and money? If yes, then Forex is an easy source that will help you to multiply your profit of your business. Forex currency trading is the modus operandi where you can have greater return on your investment. There is no doubt that Forex is considered to be the main player...