Judicious Use of FX Orders to Get Hedging in Place
Once a company with foreign exchange risks has decided to lift or reduce hedging percentages as part of their risk management strategy, value-enhancing market dealing tactics to get the hedging entered at more favourable exchange rates will add to the overall hedging performance. I have always been a strong advocate of using FX orders placed with bank counterparties as a preferred method of entering hedging than just dealing at the prevailing spot market rate at the time the “go” decision button is pushed. However, it pays to be highly disciplined in placing orders to deal at a…Forex ECN Brokers – Benefits of Trading Floating Spreads
Floating Spreads or Fixed Spreads. Which is better? In this article we discuss the advantages and the shortcomings of floating spreads that are offered usually by forex ECN brokers. At the end of the article the reader should be able to determine and be able to make a more decisive choice on the forex broker they will choose and what type of the spreads are most suited for them.Forex Trading Is a Business Not a Hobby
I have met a lot of traders that just come into the market with no preparation and take the “bull by the horns” so to speak. Unprepared and ready for action they get burnt and then scratch their heads thinking about where they went wrong. In this article I go into more details about this common stumbling block in a traders career.What Is the Deal With Currency Trading?
Forex currency trading Forex currency trading is an activity in the forex market that involves the exchange of currency. The currency trading is done for various reasons that solely depend on the parties involved in the transaction. Who can participate in forex currency transactions?Online Trading Tips For Beginners
Forex online trading, as the term suggests, is the trading in forex markets through an internet connection. It does not need the participants in the transactions meeting physically. All they need is a computer and an internet connection to be ready for the forex transactions.