Forex Deals and Trade Reports

Trading the foreign exchange market is like a ride on a roller coaster – you will be lifted to highs and dipped to lows. Some of you will get excited about the experience and will be willing for another round over and over again whilst others will quit after the first ride.

Trading the currencies may not be as complicated as a brain surgery but it is not as simple as a walk in the park as well. It offers an opportunity for great and quick earnings but if you turn this undertaking into gambling you will lose for sure even quicker. If you want to make money on the forex market you will need three things in general - knowledge, discipline and heart.

We do not pretend to be forex gurus. In fact please keep in mind our advice – stay away from anyone claimed to be a forex guru. Here we will try to transfer our experience as we do trade on our own in opposite to many other online "experts". And it is important to be involved practically in forex so you can perceive its essence.

Thus what we will do is present the basics of forex trading as we will try to go a bit deeper into the comprehension of it. Beyond numbers, fundamentals and technical indicators there is something as well as important - psychology. Our forex market comments will be posted as well so you may have the opportunity to get a more complex point of view to markets and currencies' movements.

In conclusion: whilst trading one should consider something very important - losses are part of the game called forex and it doesn't exist a trader who only wins. What is important for a successful trader is to show consistency and to have a positive win/lose ratio in the long run.

Enjoy our website and good luck in your forex experience!

money exchange USD - CHF 29 Jan 2012
Pair broke the key support at 0.9303 and a sharp fall to 0.9123 followed as forecasted. The decline was supported by US dollar ...

exchange rate conversion USD - JPY 22 Oct 2011
The uncertainty dominating the financial markets has weighed on USD/JPY and pair fell sharply to a new fresh low at 75.85 on Fri...

currency conversion EUR - USD 9 Oct 2011
Euro fell to 1.3144 low on Tuesday against the US dollar but regained strength reaching 1.3521 after ECB press conference on Thu...

currency conversion USD - JPY 24 Sep 2011
Pair was under pressure last week as a result of the strong bearish movements in EUR/USD and EUR/JPY reaching a low ...

rate of exchange USD - CHF 24 Sep 2011
As expected USD/CHF has been traded with a bullish bias throughout past week reaching a 5-month high at 0.9179...

US politicians’ insanity
A US debt default triggered by the failure of politicians to agree to raise the country’s debt ceiling would be an act of superb...

conversion rate EUR - USD 10 Jul 2011
Pair found resistance at 1.4550 and a decline followed reaching a low at 1.4206. ...

conversion rate USD - CHF 19 Jun 2011
Pair broke through the 0.8450-60 level and reached a week high at 0.8550. This breakthrough confirms the bullish structure for t...

Fibonacci retracement and Fibonacci expansion
Retracements occur when the price of currency pair is moving in a certain direction and at certain level it retracts as traders ...