Tomas Anderson - Articles

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Forex - What is It?
The international currency market Forex is a special kind of the world financial market. Trader’s purpose on the Forex to get profit as the result of foreign currencies purchase and sale. The exchange rates of all currencies being in the market turnover are permanently changing under the action of the demand and supply alteration. Read
By: Tomas Anderson | 08/11/2007 | Currency Trading
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Short Data About the Origin and Development of the Currency Exchange Market
Currency trading has a long history and can be traced back to the ancient Middle East and Middle Ages when foreign exchange started to take shape after the international merchant bankers devised bills of exchange, which were transferable third-party payments that allowed flexibility and growth in foreign exchange dealings. Read
By: Tomas Anderson | 08/11/2007 | Currency Trading
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Risks by the Foreign Exchange on Forex
The Forex is essentially risk-bearing. By the evaluation of the grade of a possible risk accounted should be the following kinds of it: exchange rate risk, interest rate risk, and credit risk, country risk. Read
By: Tomas Anderson | 08/11/2007 | Currency Trading
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Charts for the Technical Analysis
Kinds of prices and time units. Charts for the technical analysis are being constructed in coordinates “price (the vertical axis) – time (the horizontal axis)”. The following kinds of currency prices represented on charts are being distinguished on Forex: Read
By: Tomas Anderson | 08/11/2007 | Currency Trading
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Lines of Trends, Support and Resistance
A trendline is a main initial element for the price chart analysis. While the market moves in any direction not along a straight line but along a zigzag, the mutual placement of upper and bottom points of those zigzags permits to plot a line connecting the significant highs (peaks) or the significant lows (troughs) of an appropriate zigzag using technical tools of the computer program. Read
By: Tomas Anderson | 08/11/2007 | Currency Trading