Month: July 2012

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Fundamental Analysis

Before you think of trading in the currency of another country or even that of your own country, you have to have a basic understanding of what affects the exchange rates of these currencies and how you will be able to identify when is a good time to trade. One of the most important methodologies…

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Forex Terminology

Before we get into the nitty-gritty of analyzing the foreign exchange market through various tools and techniques, we have to know what the various terms mean. Here is a quick overview of some of the important terms in the foreign exchange market and what they represent. The Spot Transaction You may have often heard of…

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Introduction to Forex Trading

Trading in the foreign exchange market may seem complicated and while it is a little different from trading in other financial markets, you will realize that the basics are the same. You may have a good idea of what it means when you are investing or speculating in other financial markets. If you purchase the…

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History of Forex

The foreign exchange market is not new, as some of us tend to believe. In fact, one can trace the history of Forex to many centuries ago. Records from the Babylonian times show how different nations had different currencies and there was a constant need to exchange them. Babylonians were also among the very first…

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What is Forex

Forex stands for Foreign Exchange and is essentially a market where the currency of one country is traded for the currency of the other. Presently the foreign exchange market is by far the largest financial market in the world where transactions of the order of $1.9 trillion are carried out on a daily basis. This…

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