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FOREX TRADING

market exists wherever one currency is traded for another. It is by far the largest market in the world, in terms of cash value traded, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. FOREX BOOKS AND ARTICLES

Retail currency traders (small speculators) are a small part of this market. They may only participate indirectly through brokers or banks and may be targets of forex scams.

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The more you are involved with your money the harder it is to make a clear-headed decision. Money you have earned is precious, but money you need to survive should never be traded on currencies.

FOREX NEWS

FOREX-Euro pressured, dollar rises on risk aversion - Reuters UK
... highlighted fears over the indebtedness of the region's weaker economies, spurring risk aversion ... after the Swiss National Bank was seen selling its domestic currency in Asian trade, which had lifted the euro from a 15-month trough.
Publ.Date : Fri, 05 Feb 2010 09:17:00 GMT

FOREX-Euro falls below $1.3600 for first time since May - Reuters UK
NEW YORK, Feb 5 (Reuters ... euro traded as low as $1.3595, according to Reuters data, before coming back to traded at $1.3611, down 0.9 percent on the day. (Reporting by Nick Olivari ; Editing by Theodore d'Afflisio)
Publ.Date : Fri, 05 Feb 2010 16:48:00 GMT

If you trade many times a day, there's no point basing your technical analysis on a daily graph, you'll probably want to analyze 30 minute or hour graphs.

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Sources: Wikipedia, FCIC and other public sources.

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