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The Five Most Popular Technical Indicators That Generate Forex Signals

Forex Signals, Forex Trading and Miscellaneous

Forex signals can be found by using technical indicators, which are chart-based technical analysis tools that predict future price performance. These indicators usually create clear signals to open or close a position so that a profitable trade can be made. Here are some of the most popular technical indicators used by currency traders that generate

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What makes the Foreign Currency Exchange Market Unique?

Currency Exchange

It is quite ironic that the foreign currency exchange market which is the biggest and most liquid financial market is largely self regulated without an officially recognized international authority to regulate the industry. In the U.S., prior to the Dodd-Frank Regulations, it was only the National Futures Authority, a private, members only association of securities

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Forex Brokers: Helping Forex Traders Reach Their Trading Goals

Forex Broker, Forex Trading and Miscellaneous

The goal of every forex trader is optimum profitability at the fastest possible time.  There is no get-rich-quick scheme in forex trading.  There are no forex brokers that can absolutely guarantee the best yields in every trade.  Instead of jumping at those with empty promises, forex traders should choose their broker carefully to find one

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GBP/USD Hits Four Month High Following Threatened US Credit Downgrade

Market Analysis

The UK pound traded to a four month high during September 11 trading following a forex news announcement on Moody’s threatened downgrade of the US credit rating. At morning trading, the GBP/USD hit 1.6049, its highest level since May 15, before consolidating at 1.6047. Analysts said the pair would likely reach support levels at 1.5958

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Peregrine CEO Russell Wasendorf Sr. to Plead Guilty to Charges of stealing $200 million from Clients’ Funds

Market Analysis

After being found unconscious and near death in his car last July 9 in an apparent suicide attempt, the 64 year old Russell Wasendorf, chief executive of the Peregrine Financial Group has since been indicted of 31 counts of lying to regulators.  He has initially entered a not guilty plea to the charges of taking

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Standard Chartered to pay the New York DFS $340 million in Fines for Illegal Dollar Transactions

Market Analysis

According to a news account by Farah Khalique and Giles Turner as reported on the Financial News dated September 12, 2012, Standard Chartered, a UK bank agreed to settle the charges levied against it by the New York State Department of Financial Services. The charges stem from the bank’s participation in U.S. Dollar transactions in

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