As a forex trader, if you check several different currency pairs to find the trade setups, you should be aware of the currency pairs correlation, because of two main reasons: Read the rest of this entry »

Currency pairs are among the most popular questions I am always asked. Sometimes it surprises me how someone wants to trade forex while he/she still doesn’t know about currency pairs. But I should not be surprised, because we always focus on advanced topics like technical analysis, candlesticks and indicators and … that we forget about the basics. We do not consider that beginners may have difficulties in understanding the currency pairs that are the foundation of forex and forex trading.

What are the currency pairs in the forex world? Read the rest of this entry »

Chinese proverb:
Those who say it cannot be done, should not interfere with those who are doing it.

The title of this article resembles the seductive sentences you see a lot on scam and phishy or HYIP and Ponzi scheme Read the rest of this entry »

FOMC was released today (August 12, 2009) at 2:15 pm EST and we saw a sudden 130 pips movement. I know there is a question in your mind that if you could take the advantage of that movement or not. In other word, could we trade the FOMC news? Read the rest of this entry »

Hello Friends

Forexoma Live Market Analysis started working on 14th July 2009. So this report shows our performance on second half of July and not the whole month. I already published another report that covers our first week performance. I strongly recommend you to read that report too, not because I want you to see the first week performance, but because I have explained many things about our program and the way we publish forex signals and market analysis reports. Read the rest of this entry »