Learn Forex Trading

Spreads play a significant factor in profitable forex trading. When we compare to the average spread to the average daily movement many interesting issues arise. Namely, some pairs are more advantageous to trade than others. Secondly, retail spreads are much harder to overcome in short-term trading than some may anticipate. Third, a "larger" spread does not necessarily mean the pair is not as good for day trading when compared to some lower spread alternatives. Same goes for a "smaller" spread - it does not mean it is better to trade than a larger spread alternative.

Establishing a Base Line
To understand what we are dealing with, and which pairs are more suited to day trading, a base line is ...

written by Trading Teacher

A slew of mixed economic reports Thursday (June 24) morning reinforced the economic uncertainty of the Federal Reserve’s post-meeting announcements Wednesday in which statements were somewhat pessimistic about the pace of economic recovery. As the enthusiasm and expectations for the US economy have been tempered of late, the dollar has floundered in its efforts to build long-term momentum against global counterparts. The British Pound regained the $1.50 level briefly before pulling back to its current rate of $1.4988. The Fed ended its two-day rate policy meeting by not surprisingly deciding to ...Forex Rate - Forex and Exchange rates

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As soon as investors think it is safe to invest in growth opportunities and more risky plays, economic concerns pop up somewhere in the world. The US is still trying to figure out if it is truly in economic recovery mode with job worries remaining and Europe is burdened with debt-ridden economies. The same has been true for a few years now that the only real certainty about the global economic picture and investing is that there are no certainties. This reality is what has contributed to a ...Forex Rate - Forex and Exchange rates

written by Trading Teacher

The Euro appears to be relatively stable this week, with a current rate of $1.2304. It actually reached a Wednesday morning (June 16) high of $1.2355 before receding a bit in the mid morning trade. At its high point for the day, the Euro was up nearly five pips over its long-term low of $1.1876 which it saw just one week ago. The major credit crisis that has affected some of Europe’s largest economies, including Spain, Greece and Portugal, has served as the catalyst to drive Europe to multi-year ...Forex Rate - Forex and Exchange rates

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US retail sales dropped by the largest amount in eight months according to the May numbers released Friday (June 11) morning. This puts a bit of a brief damper on more upbeat economic news of late that has help keep oil prices propped up in the mid-$70s. US jobless claims numbers helped encourage investors this week that the largest remaining hurdle to economic recovery may be seeing improvement. Another catalyst for the recent firming in oil prices has been data showing that trade in China is expanding tremendously, helping to offset ...Forex Rate - Forex and Exchange rates

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The average interest rate for a conventional 30-year fixed loan in the US is a remarkably low 4.82 per cent Wednesday (June 9) morning, compared to a 4.91 per cent average rate on Wednesday of last week, according to the Bankrate.com survey of mortgage lenders from across the country. A 15-year fixed loan offers an even more impressive 4.20 per cent rate compared with 4.32 per cent. The most recent dip that has returned mortgage rates to all-time low levels has prompted many banks and lenders to once again aggressively ...Forex Rate - Forex and Exchange rates

written by Trading Teacher

The Euro has fallen to levels not seen since the first half of 2006 against the dollar as talk of pending interest rate hikes pick up in the United States. One Euro is currently worth $1.2058 after falling as low as $1.2017 in early Friday (June 4) morning US trade. The next important level of modest long-term support for the Euro comes into play in the $1.17-1.18 range, though the break of the major support around $1.24-1.25 may have opened the flood gates to an inevitable move toward the $1 ...Forex Rate - Forex and Exchange rates

written by Trading Teacher