When you trade currencies, you need to decide what time frame you wish to trade and you have a choice of three time frames – Intra day (day trading), swing trading ( a day to around a week) or long term trend following (a week or longer), here we will look at the time frames and the advantages and disadvantages of each.

Divergence can help you spot potential tops and bottoms in the market as well as give you clear view of when to take profit in an existing trend. Divergence is done by using a price chart and looking at price action and then looking for it to diverge from a momentum oscillator and here, we will look at divergence trading in more detail and how, you can use it in your currency trading strategy.

If you want to trade currencies, you need to understand the concept of pips in order to work out your cost of doing business as well as your profit and loss, on open trades. A “pip” stands for “Percentage in Point”. A pip is the smallest price movement a traded currency can make and is also referred to as a “point”. Lets look at and explain, the basics of understanding Forex pips in more detail...

Lets look at Forex trading hours and see the best times to trade Forex. Currencies are traded 24 hours a day, from Sunday afternoon EST* (Eastern Standard Time) to Friday afternoon EST. Throughout this period, there is always at least one financial centre open for business, as one market closes for the night, others open somewhere else, because forex trading hours overlap, currencies are being traded continuously – here are the opening times of the major financial centres around the world, all times again are EST...

Many traders think, understanding the basics of currency trading is hard but its actually very simple to learn how and why currencies move. In this article, we will give you a brief introduction to how and why currency prices move and how you can make money trading these moves.

Currency trading scams have been around as long as trading but there has been an upsurge in them in recent years, with the rise of internet currency trading which has opened up currency markets to anyone and these new, naïve and greedy traders, are easy prey for currency trading scams. Here we will look at the most common and how to spot them.

In this article I am going to give you some advice on trading currencies which comes from my 21 years of trading and teaching currencies. In this time, I have seen tens of thousands of traders trade and taught several thousand – so here is my currency trading advice based upon this trading experience.

While there is a lot of information on the importance of cutting losses which proves difficult for many traders, there is very little info on how to hold big trends and maximize profits. Holding a profitable open position in a big trend causes problems for most traders and they either bank or get stopped out early – here we will look at how to maximize profits from long term trends.

Before you start to trade, you need to decide if you have what it takes to win at currency trading and always keep in mind that 95% of currency traders lose money ,so currency trading success is not a walk in the park and you wouldn't expect it to be, with the rewards on offer but with the right currency trading education and the right attitude ANYONE, can become a successful trader from home. Let's look at our basic tips for novice traders which can help you make big currency trading profits.

Here we are going to look at some money management basics and if you think money management will take care of itself or is simply placing a stop, then you need to read this article – lets look at currency money management basics in more detail.