Latest Blog Posts

  • How ADP build respect amongst market participants
    1 February 2018 , Introduction The purpose of this article is to show how a new employment data release (ADP Non-Farm Employment Change) is building respect amongst market participants as a factor worth considering, if not a predictive indicator for the widely anticipated Non-Farm Payrolls report. In the first week of January 2007 we saw how the ADP release had an effect on trader sentiment and expectations prior the Non-Farm Payrolls (NFP) and the potential influence this had on price action. What is ADP Non-Farm Employment Change? Automatic Data Processing (ADP) provides employment solutions for businesses within but not the entire labour market. The figures they release are directly comparable to the […] Read the rest of the article
  • Forex Trading For Beginners Avoiding The Common Mistakes Made By New Traders
    22 January 2018 , In the world of Forex trading, for beginners the biggest fear is failure and losing your money. But why do so many newcomers fail? Everyone knows that the Forex market is good way of earning some money, even enough to give replace your monthly wage. However, most people also understand that if they don‘t get things right, there is a good chance of losing a lot of cash too. Now although these 2 facts are true, I am often shocked at how many people learn the second one the hard way. These are the type of people that make things really difficult for themselves, just because they were foolish enough to think Forex trading is easy money. Forex trading for beginners is something that takes time […] Read the rest of the article
  • Can Newbies Make Money With Forex Online Currency Trading Forex Online Trading
    10 January 2018 , Empleo Do you want to learn to trade in the nearly two trillion dollar a day Forex market by doing Forex online currency trading? Are you concerned because you are a beginner and you don’t want to lose all your money?  Are you worried that it could just be too tough to make a profit? Juegos The idea of spending a hundred dollars or so on cheap software and earning a big income with no effort is obviously not true, if it were 95% of traders wouldn’t lose money. These systems never have a track record verified by a third party and simply produce, back tested simulations or you get figures from the vendor with no third party check. Trabajo For example, when you buy (go long) a currency you […] Read the rest of the article
  • The Availableness of Free Forex Charts
    15 December 2017 , The concept of Forex charts seems to be incredibly important for the operation of foreign exchange transactions. With such a tool, the identification of the technical patterns and the analysis of the currency evolution becomes a lot easier. Free Forex charts work for training and create the skills necessary to forecast market trends. All the valuable courses that train people for brokerage focus on Forex charts analysis. Free Forex charts are available for download and you can access them on lots of websites. The evolution of hundreds of currency pairs can be tracked on professional free Forex charts. Nevertheless too complex tools can only be understood by a trained eye, while they remain […] Read the rest of the article
  • Becoming successful at day trading
    1 December 2017 , You have the option to trade during the day and at night when it comes to trading on the Forex market, and before you get started with either of course you are going to want to make sure that you have at least a basic idea of what you are doing here and this way you are going to be able to come out of this all with the best possible results. For Forex day trading in particular there are a few things that you are going to want to keep in mind, especially if you are just a newbie who is getting started and needs to learn Forex trading. If you want to learn more about Forex day trading there are a couple different ways that you could choose to go about this, and it really all depends on which […] Read the rest of the article

Latest Forex News

  • Risk mood still tepid at the start of the European morning
    on 20 August 2019 at 7 h 21 min

    Equities a little softer as bond yields hold a tad lower That is keeping the yen a bit on the front foot with USD/JPY at session lows around 106.43 with the franc also slightly bid at 0.9800 against the dollar. […]

  • GBPUSD Rate Rebound in Focus as RSI Climbs from Oversold Territory
    by David Song, Currency Strategist on 20 August 2019 at 7 h 00 min

    Recent price action in GBPUSD raises the scope for a larger correction as the Relative Strength Index (RSI) bounces back from oversold territory. […]

  • Tory chairman Cleverly: EU needs to show a degree of flexibility
    on 20 August 2019 at 6 h 52 min

    Comments by Tory party chairman, James Cleverly - If we can overcome the backstop problem, then there will be a deal - Whether we leave with our without a deal is in the hands of the EU ForexLiv […]

  • Euro Braces for Italian Political Volatility: Snap Election Ahead?
    by Dimitri Zabelin, Junior Currency Analyst on 20 August 2019 at 6 h 30 min

    Euro traders may get jittery if Prime Minister Guiseppe Conte’s address to the Italian Senate revives fears of political uncertainty and the prospect of a snap election. […]

  • Trade ideas thread - European session 20 August 2019
    on 20 August 2019 at 6 h 25 min

    Daily thread to exchange ideas and to share your thoughts That said, we are seeing some decent movement now as the dollar eases a little as the yen gains amid weaker Treasury yields. The risk mood remains a key factor to watch out for ahead of Jackson Hole later in the week, so keep an eye on t […]

  • Eurostoxx futures +0.1% in early European trading
    on 20 August 2019 at 6 h 11 min

    Flattish sentiment observed in early trades - German DAX futures +0.1% - French CAC 40 futures +0.1% - UK FTSE futures +0.1% - Spanish IBEX futures flat ForexLiv […]

  • Nikkei 225 closes higher by 0.55% at 20,677.22
    on 20 August 2019 at 6 h 08 min

    Asian equities mildly higher after a better performance by Wall St overnight Looking ahead, European stocks should mirror sentiment seen in US futures - flat levels - so expect the focus to stay on the bond market if anything else. Treasury yields are holding mildly lower and that is keeping USD/JPY closer to 106.50 at t […]

  • Gold is bullish, as long as the Fed is dovish
    on 20 August 2019 at 6 h 02 min

    Where next for Gold I  have been espousing the value of Gold in a low yielding environment for some time now and that condition looks set to continue in current market conditions. However, it is worth bearing in mind that the moves around the FX market at present are mainly driven by geo-political issues, so they […]

  • Germany July PPI +0.1% vs 0.0% m/m expected
    on 20 August 2019 at 6 h 00 min

    Latest data released by Destatis - 20 August 2019 - Prior -0.4% - PPI +1.1% vs +1.0% y/y expected - Prior +1.2% ForexLive Slight delay in the release by the source. Producer prices hold somewhat steady for the month of July but this is a lagging and proxy indicator of inflationary pressures. As such, the data here means little in […]

  • Switzerland July trade balance CHF 3.63 billion vs CHF 4.10 billion prior
    on 20 August 2019 at 6 h 00 min

    Latest data released by Federal Statistics Office - 20 August 2019 - CHF 4.10 billion; revised to CHF 4.01 billion ForexLive The trade surplus shrinks a little and that owes to a notable drop in exports for the month of July - though offset by the strong revision in June - as imports fell. […]

Latest Forex Analysis

Trending Forex Analysis

What is Forex ?

The Spot, Cash or Money market is the biggest market. You probably heard about futures, options and forwards which are derivatives of the main Cash Market.

The word FOREX is derived from Foreign Exchange and is the most largest financial market in the world. Unlike many markets the FX market is open 24 hours per day and has an estimated $2.0 Trillion in turnover every day. This tremendous turnover is more than the combined turnover of all the wordls' stock markets on any given day. This tends to lead to the most liquid market and thus makes it a very interesting market to trade. The Forex Market is an OTC Market (Over The Counter), meaning it doesn't have to be traded on an exchange.

The FX market does not have a fixed exchange. Nobody can claim having the right price but the high liquidity of this market makes it autoregulated. It is primarily traded through banks, brokers, dealers, financial institutions and private individuals. Trades are still executed through phone and increasingly through the Internet as the Internet penetration is growing drastically. It is only in the last few years that the smaller investor has been able to gain access to this market, around year 2000. Previously the large amounts of deposits required precluded the smaller investors and the monopoly of the big institution enabled a lot of cheating. With the advent of the Internet and growing competition it is now easily in the reach of most investors and the margin of the institution reduced automatically.

Special thanks to my dear french friends of https://bnains.org for helping me out setting up this website.