How to Be a PRO in Foreign Currency Trading

One of the most difficult things for most people to understand about foreign currency trading is how to read the quotes. We know that when we see a stock trading for $11.25 a share, it means we can use $11.25 of our U.S. dollars to buy one share. But what the heck does USD/JPY 116.09/13 mean? This article will explain.

Currency Pairs: The first thing to understand is that a... Read More

Here are some of the myths concerning the foreign currency trading market:

False: The Random Movement of Currency Trading Markets

True: Stock price movement can be pushed up, down, sideways because of economics, specific company fundamentals, industry or market sector and pure emotion.

True: Currency trading markets are pure supply and demand. Currencies are weighed against... Read More

OANDA is a great site for foreign currency trading. There are many tools on this site which will help you be a real pro. FXConverter is the web's most popular currency converter for 164 countries. It is used by corporations, taxing authorities, auditing firms and financial institutions. FXCheatSheet is also found on this currency trading site. This a... Read More