- Forex, Bullion & NDFs - Phillip Futures : Futures | Forex
- Forex Tutorial: Forex History and Market Participants
If you have never worked with Forex before, you can test out all of the opportunities of trading currency on a demo account with virtual funds. With a demo account you will be able to explore the Forex market from within and develop your own trading strategy. You can always take advantage of ready-made solutions by acquainting yourself with feedback from other traders.
Forex, Bullion & NDFs - Phillip Futures : Futures | Forex
The AUDUSD consolidated last week until Friday when it tried to pop higher but bears came in and pushed the price back down into the close. We can see a fakey pattern formed from this reversal on Friday and that could provide the catalyst for prices to resume their downward track this week. Whilst under key resistance zone we remain short-biased. Watch for selling opportunities up near as well, should price continue to retrace higher this week.
Forex Tutorial: Forex History and Market Participants
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Traders are people who work on the Forex market, trying to ascertain whether the price of a certain currency will increase or decrease and making a trade for the purchase or sale of that currency. As such, in buying a currency cheaper and selling it for more, traders earn money and increase their capital on the Forex market. Traders make their decisions based on the analysis of all factors that can affect prices, allowing them to work out precisely in which direction the prices are moving and plan their trades accordingly. Profit can be made by trading Forex on a fall in the price of a particular currency as well as a rise. Furthermore, traders can execute orders of any size on the Forex market anywhere in the world, from London to Timbuktu.
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Risk disclaimer : Before trading, you should ensure that you fully understand the risks involved in leveraged trading and have the required experience.
Risk disclosure: Forex and CFD's carry a high level of risk and losses may exceed your initial deposit. Admiral Markets UK Ltd. recommends you seek advice from an independent financial advisor to ensure that you understand the risks involved with Forex, CFD’s, Margin and Leveraged trading.
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