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Welcome to Forexexplore.com. This site is commited to provide you with a step-by-step guide on how to learn, trade and invest in the foreign exchange market, and to bring you the comprehensive rating and reviews of online FOREX brokers, along with latest offers and bonuses. Specializing in foreign exchange market, Forex Explore is the best directory to answer all of your questions. We have put together information, articles, currency exchange latest news, tools and strategies to help you get started in the vast world of financial markets.
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FOREX BROKER OF THE MONTH :: NOVEMBER

 

FEATURED Forex Broker - ActivTrades

 

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ActivTrades provides tailor-made execution program to create a maximum trading flexibility. Without any extra cost forex traders can place different types of : limit orders, market orders, stop, OCO, trailing stop, braket order, MIT, FAK, FOK and more.

Trading Platform: MetaTrader 4 (download)

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Forex Charts - Head and Shoulders Pattern

The Head and Shoulders pattern is one of the most popular reversal patterns. In forex trading head and shoulders formation allows you to clearly identify the signal and entry point. read more

forex articles forex tutorialsDouble Top & Bottom Forex Chart Pattern

In today’s tutorial we will look at a common chart formation in forex trading that helps to predict the price movement – double top and double bottom pattern.read more

forex articles forex tutorialsForex Chart Pattern Symmetrical Triangles

One of the pattern formations in forex trading is called Symmetrical Triangle. This pattern is formed when a sequence of higher price values creates a line and a sequence of the lower price values creates a line and together they form a triangle. read more

forex articles forex tutorialsTwo Types of Forex Indicators – Leading and Lagging

 Forex trader needs indicators to determine important entry and exit points. Forex Indicators predict financial and economic trends. Forex indicators can be categoried into two types, each of which makes a different prediction. read more

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LATEST FOREX UPDATES

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next_16.gifForex Broker Competition -  Get $3,000 Prize With Just $10!

16 November 2008

Monthly competitions are about to start! FXcast forex broker will reward top 3 traders of the month with cash prizes. Anyone can win the top price of $3,000! Open Account Here 

next_16.gif Use Forex Payment Methods – Get Extra 10% Bonus!

12 November 2008

Do you use Liberty Reserve or Moneybookers as your funding method with forex broker? Well, Finexo forex broker gives extra 10% bonus up on your deposit via these payment methods. visit Finexo

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User-Friendly Web-Based Platform, Plus Free Training!

08 November 2008

HY Markets forex broker invites beginners in forex trading to try easy-to-use web based trading platform and receive free professional training! We have attached the screenshot of HY webtrader to prove the fact that the platform is extremely user-friendly. View Screenshot

next_16.gifMoney Summit Awards 2008 - AvaFX wins ´Best Alert System´

08 November 2008

During the ‘Money Summit´ which took place in Dubai from 30th Oct until 31st October 2008 AvaFX broker received an honorable award -´Best Alert System´. Go to AvaFx

next_16.gifFree Daily Fundamental Analysis Video Broadcast

05 November 2008

A new free feature is available for ForexYard traders– daily video broadcasts of fundamental analysis. Currency analysis from ForexYard professionals will show the major forex market information and other financial news which play an important role in forex trading. Take advantage of this information by opening an account today!

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FOREX NEWS HEADLINES

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Recession hits Japan, IMF needs more money

Reuters – Nov 17, 2008

Japan became the latest major economy to fall into recession Monday with France close behind, and the IMF said it needed at least $100 billion to fight the billowing economic crisis enveloping the world.

forex, forex brokers, forex brokers reviews, forex broker reviews, forex newsU.S. in recession, jobless to peak at 7.5 pct: survey

Reuters – Nov 17, 2008

The U.S. economy is in recession and will contract at a faster pace in the fourth quarter, extending the decline into early 2009 as high unemployment crimps consumer spending, a survey showed.

forex, forex brokers, forex brokers reviews, forex broker reviews, forex newsFOREX-Dlr holds firmer tone vs yen, mkt digests G20

Reuters – Nov 17, 2008

The dollar rose against the yen in narrow ranges on Monday, with risk averse positions seen staying in favour after the weekend's G20 meeting failed to come up with specific action to restore global market confidence.

forex, forex brokers, forex brokers reviews, forex broker reviews, forex newsFOREX-Yen, dollar make gains on lack of G20 specifics

Reuters – Nov 16, 2008

The yen and U.S. dollar pushed higher early on Monday after a meeting of the Group of 20 major economies ended with lots of pledges of action but few actual proposals to combat a looming global recession

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DID YOU KNOW?

weekly forex vocabulary question

Net Position

The amount of currency bought or sold which have not yet been offset by opposite transactions.

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