The Morning Forex Fake-Out Trade

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May 9, 2011 - In this issue... Add Investopedia to safe sender list
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The Morning Forex Fake-Out Trade

Term of the Week Term of the Week
Adjustable Peg
Frequently Asked Questions Frequently Asked Questions
What impact does a higher non-farm payroll have on the forex market?
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Articles  Educational Articles -->  more articles

The Morning Forex Fake-Out Trade
By watching for false breakouts, reversals and using multiple exits, a forex trader can capture a large portion of the daily average movement...

Forex Trading: A Beginner's Guide
Learn about the forex market and some beginner trading strategies to get started...

Top 7 Questions About Currency Trading Answered
Whether you're puzzled by pips or curious about carry trades, your queries are answered here...

Term of the Week  Term of the Week -->  more terms

Adjustable Peg
An exchange rate policy adopted by some countries wherein the national currency is largely pegged or fixed to a major currency such as the U.S. dollar or euro, but can be readjusted from time to time within a narrow interval. The periodic adjustments can are usually intended to improve the country's competitive position in the export market.

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Frequently Asked Questions  Frequently Asked Questions -->  more FAQs

What impact does a higher non-farm payroll have on the forex market?

Traders are constantly monitoring various economic indicators to identify trends in economic growth. Some of the most watched economic indicators include the Consumer Price Index, housing starts, gross domestic product and the employment...Read more »

Is there any way to check the historical rates of different currencies?

Yes, you can create a daily price chart of different currencies going back many years. Price charts can be found on the internet for free or by subscription to services that offer such data. For example, the Yahoo! Finance Currency Converter is a free online...Read more »

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