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Forex Basics

Managing Risk with Stop Loss Orders in the Forex Market

By FXCompass — Saturday, 20 March 2010

Stop loss orders are one of most fundamental risk management techniques used by forex traders. Ideally, every trading system should include the use of a stop loss on every trade, if only to protect your account from unforeseen events and prevent a margin call.

 

Understanding Central Banks

By FXCompass — Tuesday, 09 February 2010

Central banks are at the heart of their country’s economy and play a key role in the global markets. Their importance is particularly relevant when trading the forex, as they often set the reference for funds and traders activity. If you are still unsure why interest rate releases can throw the markets in a maelstrom, then here is a little guide to help you understand better.

 

Three Ways to Stay on Top of News

By FXCompass — Tuesday, 09 February 2010

News is an integral part of trading, and as every respectable trader, you got to stay on top the events that trigger the market. How to make sure that you don’t miss anything? Were to get the right information, at the right time? Here are three ways to help do that.

   

Five Tips of Successful Trading

By FXCompass — Tuesday, 09 February 2010

Trading is not an easy profession. It requires a lot of work, and there is no clear way to success. Here are five tips to put you on the right track.

 

How to Setup a Forex Trading Strategy

By FXCompass — Tuesday, 09 February 2010

Trading the forex can be a difficult and dangerous task. Every trader should have a well thought out strategy keep thing under control and not to loose money. Here are a five guidelines to help you create a successful strategy.

   

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