Woodies CCI system is particularly popular with futures traders, but can it work with forex? We look at what the system is, and how it can be applied in the currency markets.
What Is Woodies CCI?"Woodie" is a day trader of 25+ years experience, and is well known among traders of index futures such as the [...]
Determining what trading style fits you best Understanding the different trading styles. Developing and maintaining market discipline. Before you get involved in actively trading the forex market, take a step back and think about how you wantto approach the market. There is more to currency trading than meets the eye, and we think the trading [...]
Forex : Introduction
The Foreign Exchange market is also known as Forex, Spot, FX and Currency is one of the biggest market in the world in terms of the volume traded as $3 billion is traded every day. Forex exists whenever one currency is traded with another. In other words, Forex is basically buying of one [...]
The currency market has its own set of market trading conventions and related lingo, just like any financial market. If you’re new to currency trading, the mechanics and terminology may take some getting used to. But at the end of the day, most currency trade conventions are pretty straightforward.
Getting inside the forex market
Understanding that speculating is the name of the game
Trading currencies around the world
Linking other financial markets to currencies
The foreign exchange market — most often called the forex market, or simply the FX market — is the most traded financial market in the world. We like to think of the forex market [...]
Do you see the profit potential in trading currencies, but learning to trade just seems too daunting? Have you watched with excitement the recent crashing of the value of the USD, but simply don’t know how to get started trading?
While it is simple to begin trading Forex online, maintaining profitability in the long term is [...]