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FX Rate Analysis: USD/SGD Makes 5-Month Lows

Last week I wrote an article detailing the hovereing of the USD/SGD FX rate around 5 month lows. Since then, the currency has moved further to the downside having broken these 5 months lows. This article looks at what traders should expect for the currency pairs FX rate looking forward. Downside The FX rate seems […] Read More »

Basic Forex Strategies

This article is about determining your forex strategies and provides details on the two basic strategies used. Fundamental analysis and technical analysis are the two basic forex strategies used in this financial market.  However, technical analysis is the most common method used. Fundamental Analysis This strategy is normally used for the prediction of long-term trends […] Read More »

Forex Trading Economic Theories

This article covers the economic theories related to forex trading and how it impacts on the value of currencies. There are many economic theories which revolve around currencies.  Many of these may not be applicable to your daily trading, but you should understand the reasons behind the movements in currency values. The main theories found […] Read More »

Why You Should Have a Forex Rates Journal

This article looks at the importance of the forex rates trading journal. When you trade on the forex rates market you have to consider the keeping of a forex trading journal.  There are a number of reasons why you should be keeping a journal.  It is important that you understand the importance of the journal […] Read More »

The Foreign Exchange Rates Quote Jargon

This article looks at the terminology that you need to know related to the foreign exchange rates quote. When you look at foreign exchange rates quotes you should not only consider whether they are direct or indirect.  There is a lot of terminology that you should also know about when you look at the quotes.  […] Read More »

Write a Forex Trading Plan

Do you know how the human brain works? A little biology lesson here: the human brain contains billions of nerve cells! It operates like the computers sitting on our desks. The human brain has the ability to store our memory and controls how we think and react. That said, it is a wonderful organ in […] Read More »

Charts on the Foreign Exchange Singapore Market

This article looks at the different types of forex charts available on the foreign exchange Singapore market. In order to be an effective trader you must keep up to date with all current forex news releases that may affect movements in the foreign exchange Singapore market.  In order to understand the trends of the market […] Read More »

Forex Rates In Singapore: An Economic Update

The GDP or gross domestic product is considered one of the best and most comprehensive measures of overall economic performance. This sums up the value of goods and services produced domestically and the amount is often compared to previous periods in percentage terms. This report is typically released on a quarterly or annual basis, and […] Read More »

Forex trading for beginners

Even if you have no experience of trading, you will have heard of and used the foreign exchange market in some context. It is the market in which currencies are traded. It may be known as the forex or the fx or, in everyday life, just buying your holiday money. Every time you exchange currency […] Read More »

Scalping on the Forex Singapore Market

This article looks at the use of scalping on the forex Singapore market. There are a lot of ways that you can trade on the forex Singapore market.   One of these ways is through the use of scalping.  Scalping is a short-term trading strategy that some traders use as their primary strategy while others use […] Read More »

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