Archive for May, 2012
Traders analyze Forex market in order to make a forecast that will enable to increase the profitability of transactions. Forecast is the part of a trading plan. Different methods of analysis are used to define long-term trends, favorable conditions for opening and closing of deals, prospect price rebounds etc. As a rule, there are two… Read more
Forex is enveloped in myths and delusions. Having no idea about currency market functioning and work mechanisms people ascribe to Forex and trading such things that do not quadrate to facts. Let us consider the most widespread legends. 1. Forex is a complete deception. Another variant of this phrase is: “Forex is a casino where… Read more
The easiest definition of swap term is assets retained or added to a trading account for prolongation (carry over) of a position to the next day or a fee for carrying a position over midnight. Swaps can be either positive or negative. Interest for a position carry over in a currency market is paid or… Read more
