Forex can be an extremely effective source of profit. But there are just so many techniques, strategies and approaches to currency trading! How do we choose the best way to make money in Forex?

If you want to invest in stocks, you first need to understand how the stock market works. For the investor it is particularly important to know what causes the quotes to vary. After all, the stock market prices fluctuate greatly, even for a second they may go up or down. Volatility is a probability of stock prices’ change.

Automated Forex trading is becoming increasingly popular every year. Many novice traders are unwilling to go into the analytical features of the exchange process and turning to automated trading advisors.

You've probably heard about the famous Dow Jones and S&P 500. But have you heard about the US dollar index? As well as the aforementioned stock indices, it is used to measure the strength or weakness of the US dollar (USD) against a basket of main currencies.

The RSI (Relative Strength Index) is used to show you when a Forex currency pair is in an overbought or oversold position. And this, in turn, means that the upward or downward trend fizzles, and that may soon happen a trend reversal. RSI is a great first mate, which tells you when the market is going to turn around. How to use RSI in Forex trading?

Very often, after the first open order brings the novice Forex trader some profit, he has a strong will to open another one or even several ones. Filled with enthusiasm, overconfidence and pushed forward by greed, he is sure that is "his day". Unfortunately, often it leads straight to the opposite results.