http://www.forexdiscover.com A Forex Trader Roadmap to Forex Discovery Sat, 03 May 2008 23:57:14 +0000 http://backend.userland.com/rss092 en In Forex Trading, if you ask most successful professional traders, they will tell you that their methodology is to trade with the trend. After watching this video, I say Surf with the Big Wave.......for more profitable trades. ShareThis http://www.forexdiscover.com/forex-trading/trade-with-the-trend With the current US battling economy, FED is highly likely to bump down its key interest rate again. The market is confident that Federal Reserve will only lower its interest rates by 25 basis point on Wednesday. However, many analysts also believe that this rate cuts may turn out be the ... http://www.forexdiscover.com/forex-news/how-much-the-fed-will-cut-its-rate-this-week From all angle, it’s highly likely that that the EUR/USD will break 1.60. How high the Euro against the US dollar will climb is anyone’s guess. With the current high inflationary, European Central bank will not be in a hurry to stop the currency from rising. And as for the US dollar, ... http://www.forexdiscover.com/forex-news/will-eurusd-break-160 In Forex Trading, in order to be a successful trader, you need to first have a proper mindset. With that said, let me show you 5 secrets of the Online Forex Trading Myths. Online Forex Trading is Risky – Myth 1 Yes, it is very risky, but the risk is in the ... http://www.forexdiscover.com/forex-trading/5-money-making-myth-in-forex-trading Its official, FED has slashed its overnight banking rate by three-quarters of a percentage point to 2.25%. After the rate cut, US dollar moved higher against the Euro and the British Pound. This  was a less aggressive move by the FED as many players were disappointed as they were  anticipating a ... http://www.forexdiscover.com/forex-news/fed-lowered-interest-rate-to-225 On Mar 08, I wrote the post How Low can the US Dollar Goes? After a week, it turned out that my sentiment toward the US$ was right. The US dollar has plunged to a 13 years low against the Japanese Yen at around 99.03, broken the psychological 100 barrier. The ... http://www.forexdiscover.com/forex-news/will-fed-cut-on-tues-18-mar-2008-save-the-us To be a successful Forex trader, one needs to understand the important of money management. In reality, many traders fail due to poor execution of money management. In Forex trading, without proper money management is exactly like traveling in a desert without water. Put it bluntly, a trader will not make ... http://www.forexdiscover.com/forex-trading/money-management-in-forex-trading Australia central bank hikes its key interest rate by 25 basis points today to a fresh 12-year high of 7.25%. This is a bid to curb inflation amid robust economic growth.ShareThis http://www.forexdiscover.com/forex-news/australian-central-bank-raises-interest-rate-to-725 Despite the fact that the US dollar moved to an all-time low against the EURO on 27th February breaking the key psychological barrier of $1.50 for the first time since the 15-nation currency was launched in 1999, it seem clear that the fall is continuing. Driving much of the US ... http://www.forexdiscover.com/forex-news/how-low-can-the-us-dollar-goes The cumulative buy and sell of a currency causes the value of your Forex investment to move either up or down. Foreign Currencies are traded in pairs and each currency has its own symbol. For the Euro dollar- it is EUR, Japanese Yen - it is JPY, for the ... http://www.forexdiscover.com/forex-education/profit-and-loss-calculation-in-forex-trading