Forex Trading – One vs Multiple Currency Pairs

There are many aspects forex traders observe in order to pick the most profitable currency pair. Forex market has endless possibilities and no restrictions on which currency to choose and how many currency pairs to trade. The question is what are the most preferred currency pairs? How to choose the right currency pair? Is sticking to one-pair path beneficial or it is more profitable to multitask?

 

Read full article about forex currency pairs here

 

Dollar Rallies across the Board

 
The Dollar rallied yesterday on possible Interest Rate cuts in the Euro-Zone while in Japan GDP and an intoxicated Finance Minister helped push the Yen Lower
 
Summary
USD – Dollar Rallies across the Board
EUR – New Interest Rate Cuts are Priced in to the EUR
JPY – Japanese GDP Tumbles, Finance Minister Resigns

 

Read full analysis here

New Currency Pairs at Dukascopy Forex Broker

Dukascopy forex broker expands its Currency pairs list with an additional financial instrument – AUD/NZD. Charts with historical data will be available shortly. Visit Dukascopy broker

Forex Trading – To Trade or Not To Trade?

The economic history is twisting, mutating and breaking down. Global financial system is at crisis and the government is the worse source to trust with an advice. This is my call to all forex traders. We have to understand what global recession will do to us, since volatility has been intense and this is only the beginning. The strategies that used to work before are breaking into thousand pieces. Things are changing in forex trading market and we have to adopt in order to ensure our economical survival, which highly depends on the risk management.

 

Global crisis has turned forex trading into the battle of gladiators. The bad news is that the danger is on every corner. The good news is that a crisis like that brings up profit opportunities. The question is how to get to it.

 

We are all trying to find out how to benefit from the market today. Some hope that things will return to “normal”, others see profits in the current trends of market direction. After all, the lack of confidence has not been repaired as promised and markets keep falling further down.

 

During economic crisis we are all suffering should we, forex traders, wait until the storm cools down and play the “normal” market via demo account? Should we quit forex trading for a while? Is it possible to profit in the market that doesn’t follow any rules?

 Full Article – http://www.forexexplore.com/blog/viewpost/471.html

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Forex Trading – Genderless Paradise for Women Traders

Despite the increasing numbers of women in business, journalism, news and politics the world is still possessed by male dominance. The unfair discrimination against women employees and applicants still exist and socially you can still hear how sexual differences are used to justify different roles for male and female. This made me think – can women in online forex trading finally enjoy faceless and sexless identity and earn just as much as male traders do?

 The answer is shockingly simple – women forex traders are just as good as men forex traders (if not even better!).  Apart from living significantly longer, getting away from troubles using flirting and almost zero probability of becoming the next most-wanted serial killer, women are very good in multitasking and intuition. 

Read more why forex trading is a perfect job opportunity for women –  http://www.forexexplore.com/blog/viewpost/356.html