Do you know this?

London opens at 8 am GMT or 3am EST.Closes at 4 pm GMT or 11am EST.The most active pairs during this session are EURUSD with 39% of the trading volume, GBPUSD with 23%, USDJPY with 17%, USDCHF with 6% and USDCAD with 5%.


Forex Tips

It's important to understand the concept of money management and understand the difference  between it and trading decisions.
Money management represents the amount of money you are going to put on one trade and the risk your going to accept for this trade.

Technical Analysis

Candlestick charts

Candlestick charts were derived over 200 years ago by the Japanese, who used them for the purpose of doing analysis of the rice markets. The technique evolved over time into what is now the candlestick technique used in Japan and indeed by millions of technical traders around the world. They are visually more attractive than standard bar and line charts and they make for a clearer market reading, once understood.

More