Forex Trading Articles | Forex Trading Guide & Strategy

The (FX) market follows a steady cycle of oscillating between a range bound and trending environment, on a long and short term basis. During range bound markets, the buying and selling forces remain more or less equal, and therefore compress the market into a sideways trading pattern such as the…

Original post by Forex Articles (ActionForex.com) and software by Elliott Back

Market Forex website - FX, Forex or Foreign Exchange, is all about exchange of currencies from one hand to another at an ongoing price in the market.

When the basic applications of technical indicator fail to explain the current market climate, we can experiment with a new and fresh look at the charts. The following (1-hour) chart shows a steady downtrend, with its expected support and resistance levels. Since the trend is to the downside, we should…

Original post by Forex Articles (ActionForex.com) and software by Elliott Back

The largest traded “market” in the world is not the U.S., Japanese or European stock markets. It’s the foreign exchange market. It’s also called FOREX for short, or called the cash currency or spot currency market. Speculators can and do trade this huge market, in which over 1 trillion dollars…

Original post by Forex Articles (ActionForex.com) and software by Elliott Back