Even the newest trader knows that there is a lot of choice when it comes to selecting a foreign exchange broker. In fact, there are so many of them and so many factors to take into account, that many beginners become so confused that they just pick the one that they see most often advertised. [...]

There are many free forex charts available through brokers or charting services, enabling the forex trader to compare different indicators on which to base his trades. One of these indicators is known as the Parabolic SAR. This indicator was developed by Welles Wilder. ‘Parabolic’ is a reference to the mathematical shape of the parabola which [...]

If you are getting into forex trading it is essential to understand the currency trading pip. This is how your profit, loss and costs are measured. Your broker account may translate pips into dollars or other currencies for you, but it may not. In any case you will want to know what it means for [...]