Forex Trading Explained - Become a successful forex trader!

Next bull leg resuming for share indices (DAX forecast)

Published 8 hours ago by: Steve Miley

A firm rebound for global stock averages Wednesday, after the late June-early July surge higher, to try to reject the corrective setback tone so far this week.This has resumed the more bullish threat we highlighted last week as stock indices have begun to resolve the consolidation theme from earlier in June to a more bullish outlook.The more bullish viewpoint has been driven by better than consensus economic data, still somewhat… Continued

Daily Digest:

9th July 2020: Global stock indices rebounding with the US Dollar weakening as "risk on" theme resumes, despite COVID-19 cases still rising in the US and elsewhere

Latest News

Day Trade Ideas: Video analysis - Dollar, WTI Crude, Gold, Emini S&P, Dow Jones

Published 1 day ago by: Jason Sen

Wide analysis of the US Dollar, Crude Oil, E-Mini Future S&P 500 and the Dow Jones. Also taking a look… Continued

Pound shifts to more bullish (GBPUSD Forecast)

Published 1 day ago by: Steve Miley

GBPUSD day trade outlook: Intermediate-term shift to bullish and upside risks A strong advance Tuesday through key 1.2542 resistance for an intermediate-term… Continued

Stocks averages sustain bull threats (S&P 500 forecast)

Published 2 days ago by: Steve Miley

In Friday’s publication we highlighted the more bullish threat for the German benchmark stock index future, the DAX forecast.The gains… Continued

View all Articles

Latest Videos

Next bull leg resuming for share indices (DAX forecast)

Published 8 hours ago by: Steve Miley

A firm rebound for global stock averages Wednesday, after the late June-early July surge higher, to try to reject the… Continued

Day Trade Ideas: Video analysis - Dollar, WTI Crude, Gold, Emini S&P, Dow Jones

Published 1 day ago by: Jason Sen

Wide analysis of the US Dollar, Crude Oil, E-Mini Future S&P 500 and the Dow Jones. Also taking a look… Continued

Charts Patterns: Reversal Patterns

Published August 14, 2019 by: Steve Miley

In this Master Academy educational video and article, we are looking at Charts Patterns, focusing on Reversal Patterns. https://youtu.be/hMYHY-3tJxM Charts… Continued

View all Videos View all Educational Videos

Market Overview

Currency Converter

Learn how to trade Forex - Most Popular

Why you should keep a trading log

Published April 3, 2020 by: Steve Miley | Share:

Development can be tracked by considering the history of a set of actions and outcomes. For a trader, if you want to learn how to successfully trade Forex and CFDs (or any of the financial markets), it is key to be able to monitor your progress, to improve and become more successful at trading. Keeping a trading log (or journal) is an excellent way to… Continued

Trading in Volatile Markets

Published March 23, 2020 by: Steve Miley | Share:

Success in trading is always a challenge and can be difficult even with vast experience and a solid, structured training plan, that has been built over time and tested. However, when markets shift to a more volatile phase, even the most experienced trader or investor can find successful trading and investing extremely difficult. Here we are going to look at what an increase in volatility… Continued

Which markets should I trade? A deeper look at financial markets asset classes

Published December 13, 2019 by: Steve Miley | Share:

We will look at: What are the major asset classes in financial markets? What are the Forex options? What do I need to know about trading the stock market? What are the pros and cons of trading stock indices? Should I consider trading the bond markets? What do I need to know to trade the commodity markets? What financial markets are ultimately better suited to… Continued

Which Forex markets and currencies should I trade?

Published December 12, 2019 by: Steve Miley | Share:

We will look at: What are the major asset classes choices? Where to start with FX? Fundamental versus Technical Analysis The “FX Majors” Safe haven currencies “Risk” or commodity currencies Cross currency analysis Peripheral currencies and Emerging Markets What Forex markets are best suited to you? If you are relatively new to financial market trading then you will already have realized that the modern, Forex… Continued

CFD (Contract for Difference) Trading, Forex Trading and Spread Betting – similarities and differences

Published November 15, 2019 by: Steve Miley | Share:

In this article we are going to take a look at the history of Contract for Difference (CFD) Trading, what CFD Trading is and what are the advantages. We will also focus on Forex Trading, which is really just a subset of CFD Trading and also look at Spread Betting and how Spread Betting accounts differ from CFD and Forex Trading accounts. We will highlight… Continued

View All

Top 5 brokers in your location

Broker	Pros	Features
79% of retail investor accounts lose money Founded: 2006 Reg: Central... HQ: Ireland... 4.9/5 97/100	- 40% New Member Bonus. - Free Online Trading Coach. - Official Sponsor of Manchester City. - 24/7 Cryptocurrency Trading. - A lot of educational material.	Min. Deposit: $100 Pairs Offered: 45+ Leverage: EU - Up to 30:1, Professional Client/ROW up to 400:1 Withdrawal Process Time: 1-2 business days. Trust Score: 97/100	Read AvaTrade Review Free Demo Sign Up 79% of retail investor accounts lose money
73.05% of retail investor accounts lose money Founded: 1999 Reg: FCA, AS... HQ: UK... 4.8/5 95/100	- Enhanced Execution and quality pricing. - Award-winning trading platform – Trading Station Web/Desktop/Mobile - Free Access to Exclusive Trading Tools and Services: Trading Signals, Trading Analytics and more - More than 20 Years of experience in Online Trading Services - Leading Provider	Min. Deposit: £300, $50 For ZA and AU Pairs Offered: 50+ Leverage: 1:30 (LTD), Up to 400:1 FX and 200:1 CFD (ZA/AU/MARKETS) Withdrawal Process Time: Depends on Credit Card Issuer. Bank Wire two business days Trust Score: 95/100	Read FXCM Review Free Demo Sign Up 73.05% of retail investor accounts lose money
80.5% of retail CFD accounts lose money. Founded: 2008 Reg: Plus500... HQ: Israel... 4.8/5 95/100	- Advanced risk management tools - 24/7 online support. - 2000+ instruments. - 30+ languages. - All devices. - 0 commissions. - Tight spreads.	Min. Deposit: $100 Pairs Offered: 70+ Leverage: 1:30 Withdrawal Process Time: 1-3 Business Days Trust Score: 95/100	Read Plus500 Review Free Demo Sign Up 80.5% of retail CFD accounts lose money.
79% of retail investor accounts lose. Founded: 2008 Reg: FCA, AS... HQ: Cyprus... 4.7/5 94/100	- Beginner Friendly - Well established - Leverage up to 1:300	Min. Deposit: $100 Pairs Offered: 2,000+ assets, including forex, indices, commodities, shares and cryptos Leverage: Up to 1:300 Withdrawal Process Time: 2-8 days Trust Score: 94/100	Read Markets.com Review Free Demo Sign Up 79% of retail investor accounts lose.
Your capital is at risk Founded: 2018 Reg: SVGFSA ... HQ: St. Vin... 4.7/5 93/100	- Up to 1:100 leverage on crypto assets - Available in 17 languages - 24/7 Live chat support - 50+ assets to trade	Min. Deposit: 0.001 BTC Pairs Offered: 50+ Leverage: 1:100 Withdrawal Process Time: Once a day, between 12:00 and 14:00 UTC Trust Score: 93/100	Read PrimeXBT Review Free Demo Sign Up

What is FX Explained and why are you here?

Are you interested in Forex Trading and just do not know where to start?
Are you currently trading and struggling, finding it difficult to achieve consistent profits?
Do you not fully understand some of the language being used on other FX or Trading websites?
Are you having difficulty choosing a Broker, or are trying to decide on a new Broker?

FX Explained is here to help and guide you. Forex explained in an easy way!

We have a passion for Financial Markets and for helping those trying to find their way in the complicated world of Currency Trading and Investing.

Whether you are a complete novice, or seasoned veteran, we believe that our high level of expertise, combined with a simple approach will help you to develop confidently in this sometimes difficult world of forex trading.

We aim to:

Be a guide for you in how FX Trading works.
Offer trading tools that you can use in your everyday trading.
Provide a comprehensive knowledge base that you can draw on.
Help you decide who you should trade with and pick a Broker.
Provide timely updates on important FX developments (via email).

So join the FX Explained community to help you become a better trader! We don’t show you how to trade, we help you to become a Trader!

Who are we? Read More Articles

Where forex trading begins

Where forex trading begins

Next bull leg resuming for share indices (DAX forecast)

Latest News

Day Trade Ideas: Video analysis - Dollar, WTI Crude, Gold, Emini S&P, Dow Jones

Pound shifts to more bullish (GBPUSD Forecast)

Stocks averages sustain bull threats (S&P 500 forecast)

Latest Videos

Next bull leg resuming for share indices (DAX forecast)

Day Trade Ideas: Video analysis - Dollar, WTI Crude, Gold, Emini S&P, Dow Jones

Charts Patterns: Reversal Patterns

Market Overview

Currency Converter

Learn how to trade Forex - Most Popular

Why you should keep a trading log

Trading in Volatile Markets

Which markets should I trade? A deeper look at financial markets asset classes

Which Forex markets and currencies should I trade?

CFD (Contract for Difference) Trading, Forex Trading and Spread Betting – similarities and differences

Top 5 brokers in your location

What is FX Explained and why are you here?

Please comment below

Cancel reply