http://www.fxstreet.com/education/forex-basics/forex-essentials-course/http://www.fxstreet.com/education/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/05/30/Forex options are a great way to invest in the forex. This introduction will give you the basic information you need to start understanding forex options and how they can be a great tool for risk control and speculation. About trading forex options Forex options are available from certain forex dealers in over-the-counter versions, just like spot forex contracts. If you are interested in setting up a demo account with a dealer that offers forex options, click here. Forex options are alsoFri, 30 May 2008 11:26:00 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/05/30/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/11/18/The Forex market is the largest financial market in the world. More than $3 trillion in foreign currencies trade back and forth every day. Forex stands for the FOReign EXchange—the financial exchange on which governments, banks, international corporations, hedge funds and individual investors exchange foreign currencies. How does the forex work? When you fly to another country, one of the first things you do when you get off the plane is look for a place you can exchange your U.S. dollars forTue, 18 Nov 2008 15:11:57 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/11/18/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/11/18/02/Over a trillion dollars per day is exchanged on the foreign currency market. The Forex market is used by smart traders for speculation, hedging and long-term profit taking. You can trade in the foreign currency market. It is available to anyone and everyone. Take our Forex Essentials course and follow our analysis to get started in this exciting market. Overview: Learning the Forex with us There are a couple things you need to know about this course and our educational philosophy. We believeTue, 18 Nov 2008 17:39:41 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/11/18/02/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/27/The Forex market is the largest financial market in the world. More than $3 trillion in foreign currencies trade back and forth every day. Forex stands for the FOReign EXchange—the financial exchange on which governments, banks, international corporations, hedge funds and individual investors exchange foreign currencies. How does the forex work? When you fly to another country, one of the first things you do when you get off the plane is look for a place you can exchange your U.S. dollars forMon, 27 Oct 2008 14:53:13 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/27/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/22/02/Classifying the forex as an investment type If you are interested in higher yields and can tolerate high risk there are bonds and small cap stocks that fit that description neatly. If you are interested in technology companies or environmentally “green” companies there are convenient ways to find equities or private investments that fit those categories. Putting forex pairs into categories in a like manner is much more difficult. Currencies reflect the performance and policies of entireWed, 22 Oct 2008 10:46:56 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/22/02/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/24/The forex market has many players, large and small As discussed before, like most markets, the forex essentially works because many participants are buying and selling a fairly uniform product. Currency contracts at the retail level are most often denominated in 100,000 or 10,000 units of the base currency in the pair. There are many dealers who will break a lot into units smaller than that, but a full-size 100K or mini-size 10K lot is the most common. Forex dealers can be classified asFri, 24 Oct 2008 09:06:27 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/24/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/06/No, it's not a type of pasta Fibonacci analysis is a great way to improve your analytical skills when trying to identify support and resistance levels. Fibonacci analysis is based on the Fibonacci series of numbers. These numbers have been developed and explored by mathematicians for centuries and are named after Leonardo of Pisa (Fibonacci) who did a lot of work to popularize them in 13th century Italy. The number series starts with 0 and 0 and then is continued by summing the previous twoMon, 06 Oct 2008 16:30:22 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/06/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/10/02/Don't get overwhelmed. Stick with technicals and you'll learn This is a subject we are quite passionate about at PFX. Charting is the core of the analysis done by a technician. Reading and analyzing charts is something that you get better at with time and experience. But if it's not harnessed correctly, it can also become almost hypnotizing and lead to “ticker-itus,” a dangerous condition that borders on obsession as a trader spends more and more time staring at charts and indicators and lessFri, 10 Oct 2008 15:30:17 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/10/02/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/06/10/< Right-sized trades can be the difference between loss and gain Position sizing is the process of determining how much to invest, or risk, in any single trade. Position sizing is different for active trading, versus longer-term investing. In the case of short-term trading, it is usually a function of how much you could lose if the trade went bad. In longer-term investing strategies, position sizing is a bit more complicated and may depend on the strategy at play. In this section, we willTue, 10 Jun 2008 08:32:07 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/06/10/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/16/02/Analyze fundamentals and technicals We have found that traders tend to focus on one type of analysis or the other (fundamental or technical) in their trading and will often completely dismiss other types. We encourage traders to spend the time it takes to understand the underlying forces moving the market (fundamentals) as well as what is happening in price, volume and volatility (technicals.) To that end, let’s define Fundamental Analysis. We separate fundamental forces into two categories: AThu, 16 Oct 2008 16:42:11 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/16/02/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/22/Forex trading accounts have interest considerations "Interest," "roll-over," "tomorrow-next," and "cost of carry" are all terms used by dealers to describe the premium paid or charged on each forex pair. Each pair has an interest payment and charge associated with holding the position long or short. On some pairs, a payment may be made if you are in a long position, and a charge is made if you are short the pair. But on other pairs, an interest payment may be made if you are short and a chargeWed, 22 Oct 2008 08:50:50 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/22/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/16/Keep those eggs out of the same basket There are two ways to look at asset allocation (the way you divide your investments) and diversification as it relates to the forex: Investing in multiple markets The first way to diversify is to make sure you are not exclusively invested in a single asset class. For example, being solely invested in the forex, or stocks, or bonds leaves you exposed to systemic risk. Systemic risk is the type of risk that you can’t get rid of. Systemic risk coversTue, 16 Sep 2008 15:17:01 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/16/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/25/A technical indicator is applied to a chart and uses three pieces of information – time, price and volume, to give you insight into where a pair is headed. Because the forex is a distributed market, there is very little volume information. That leaves just price and time. There are a lot of ways to analyze that information and the potential variables are endless. Understanding how to wade through the swamp is vital. Technical indicators can help. Types of technical indicators Most technicalThu, 25 Sep 2008 16:33:24 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/25/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/26/"I'll turn this car around!" As you learned in the Continuation Patterns lesson, road trips are some of our favorite vacations. You jump in the car, head out on the open highway and soak in all of the scenery that you miss when you fly somewhere. Unfortunately, every road trip has to come to an end at some point, and you have to turn around and drive back home. Sometimes you turn straight around and head back immediately, but sometimes you delay heading home for just a little bit as you cruiseFri, 26 Sep 2008 10:52:59 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/26/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/29/Charting imitates life: Price Patterns and Road Trips Road trips are some of our favorite vacations. You jump in the car, head out on the open highway and soak in all of the scenery that you miss when you fly somewhere. Of course, every once in a while you have to interrupt your cruising to take a pit stop---to put some gas in your car and buy some snacks. Pit stops are part of the adventure. And let's face it, driving would get pretty old after a while if you didn't stop and take a breakMon, 29 Sep 2008 09:10:46 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/09/29/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/02/Watch for red brake-lights Price patterns are a lot like the brake lights on the cars around you when you are driving in traffic. When you see the brake lights come on in the car in front of you, you know that the car is slowing down and that you need to slow down too unless you want to crash into it. What you don't know is whether the car is going to accelerate and continue moving in the same direction after it slows down, or if the car is going to come to a complete stop and changeThu, 02 Oct 2008 10:24:40 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/02/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/10/You gotta love the trend Buyers and sellers are in a constant tug-o-war in the forex market. Buyers drive the prices of currency pairs higher, and sellers drive the prices of currency pairs lower. If you want to be profitable in your forex investments when buyers are in control, you need to follow the trend and be a buyer too. If you want to be profitable in your forex investments when sellers are in control, you need to follow the trend and be a seller too. Seems pretty easy, right?Fri, 10 Oct 2008 14:17:22 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/10/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/16/The news in the forex is mostly economic. Aside from central bankers, there are very few “personalities” that can move the market very much. Unlike the stock market, where each company represents a micro-economy, currency prices reflect the entire economy. Because forex news comes mostly from government and association sources, it can seem a little boring and all the acronyms are tough to keep straight. We can help with those issues and help you turn the news into a productive tool you can useThu, 16 Oct 2008 16:11:50 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/16/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/17/You can trade through a Forex Futures account or a Spot Forex Account You will see a lot of marketing materials out there explaining why the spot market is so much better and cheaper than the currency futures market, but how much of it is fact and how much is hype? What are the real differences between these two closely related markets? Is it really cheaper to trade spot forex? Aren’t there also advantages to trading futures? This is an important topic because so many of the differences areFri, 17 Oct 2008 10:10:36 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/17/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/17/02/Focus on consistent, long-term growth. The Forex is not a get-rich quick market. At PFX, we are known for advocating longer-term trading strategies over shor-term trading. In this section we will explain why we feel that way and help you understand some of the advantages of long-term trading over short-term trading. To be clear, while we feel that long-term trading is advantageous over short-term trading (Especially for new traders), we understand that many traders enjoy operating in the veryFri, 17 Oct 2008 14:43:02 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/17/02/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/21/Understanding risk in the forex When you buy a currency, it's different than buying a stock. When you buy shares of a stock, the maximum amount you can lose is the face value of your investment. You buy 100 shares of a stock at $10 per share, and your maximum loss is capped at $1,000. When you buy a currency contract, you are speculating on the value of one currency compared to another. The risk is therefore unlimited, as theoretically, the value of a currency can fall against anotherTue, 21 Oct 2008 12:40:32 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/21/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/23/This is a topic most traders are passionate about. Because the retail forex market is dominated by short- and medium-term traders, most forex dealers have a focus on quality and ease of execution to cater to that trading style. But there are still significant differences between dealers and you need to understand these in order to pick a preferred dealer. In this section, we will discuss the internal characteristics, as well as well as the external benefits you should look for in choosing aThu, 23 Oct 2008 09:57:08 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/23/http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/24/02/Supply and demand drives the forex market The Forex market, just like every other market in the world, is driven by supply and demand. In fact, understanding the concept of supply and demand is so important in the Forex market that we are going to take a step back into Economics 101 for a moment to make sure we’re all on the same page. Having a good grasp on supply and demand will make all of the difference in your Forex investing career because it will give you the ability to sift through theFri, 24 Oct 2008 14:20:56 GMThttp://www.fxstreet.com/education/forex-basics/feedback@learningmarkets.com (LearningMarkets.com)http://www.fxstreet.com/education/forex-basics/forex-essentials-course/2008/10/24/02/