The guidelines below are based on those written for the original ForexCentral, which proved very popular. They are recommended reading for novice or unsuccessful traders who feel they need to create a trading strategy or add discipline to their current...

Although the movement today is towards all transaction eventually finishing in a profit and loss in US Dollars it is important to realize that your profit or loss may not actually be in US Dollars. From my observation the trend is more...

Foreign exchange rates A foreign exchange rate is the parity between two currencies i.e. the amount of one currency needed to sell (or buy) in order to buy (or sell) one unit of the other currency. There are...