As a trader first and analyst second, I know that trading is not easy.  This is the reason I have compiled 5 trading tips that I follow myself that I hope will help both new and experienced traders. 

After much anticipation forex traders and brokerages in the United States can finally breathe a sigh of relief.  On August 30, 2010, the Commodity Futures Trading Commission (“CFTC” or “Commission”) published its final rules (“Final Rules”) on Over-the-counter Retail Foreign Currency transactions (“Forex”).  This is ground breaking news for the industry as brokers and money managers were previously able to operate within these markets with little to no oversight - no longer.  What exactly do these new regulations mean for forex introducing brokers, trading advisers, and fund managers?  Are the Final Rules as devastating to the industry as the proposed rules, published by the CFTC in January of this year, were thought to be?  Let’s find out.

Traders manning the Forex dealing desks of all major investment firms, rely on fundamental and technical analysis to assist in the development of their trading strategies. Fundamental analysis attempts to predict the effect that news events, such as the latest employment results, or the most recent GDP figures, will have on future exchange rates. Technical analysis uses historical price charts and various decision support tools to evaluate the strength of the rate trend, and to identify potential reversal points.

Sadly, orders are an afterthought for most Forex traders. New and less experienced traders do not understand the power of each order type and as a result do not know when or how to use them. Professional traders always say that only inexperienced traders use ‘market orders.’ This article will focus on the types of orders that are at your disposal.