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Technical Indicators I: Introduction Technical indicators are statistics of past market data base on different mathematical calculations. Traders use technical indicators

Fibonacci I: Retracements The price movement of any financial market is in wave format. Suppose a currency pair is on an up-trend, going from 1.0000

Chart Patterns I: Introduction to Reversal Patterns and Continuation Patterns There are two major ways to trade the financial markets: swing trading and trend following. Swing traders use technical analysis to look for short-term price movement

Candlestick I: Introduction  to Candlestick and its patterns What is a candlestick chart? Candlestick charts

Technical Analysis V: Trending and Ranging Markets In Trending Markets The existence of a trend in any market depends on a series of relative highs and lows. Two consecutive relative highs, each above the previous relative high, and two

Technical Analysis III: Support and Resistance What are support and resistance? Support levels are prices where buyers

Technical Analysis I: Introduction There are two major approaches to analyzing the currency market, fundamental analysis and technical analysis. The fundamental analysis focuses on the

Types of Orders The forex market provides different kinds of orders for trading. The following are some major types of orders that can be found on forex trad

Basic Concepts V: Spreads What is a spread? In margin forex trading, there are two prices for each currency pair, a "bid" (or sell) price and an "ask" (or buy) price. The bid price is the rate at which traders can sell

Basic Concepts III: History and Recent Trend of Online FX Market The recently technology advancement has broken down the barriers that used to stand between retail clients of FX market and the inter-bank market. The

This section aims at providing the basic knowledge for the beginning forex traders. The following topics are covered. Basic Concepts Technical Analysis Candlesticks Charting

What is Moneybookers Skrill ? Moneybookers Skrill  is an e-wallet newly rebranded as Skrill . It offers its customers a safe and instant way to transfer