Feb. 07, 2012 11:14:52 GMT +1
        EURUSD  1.31295/1.31321         USDJPY  76.526/76.548         GBPUSD  1.58209/1.58249         USDCHF  0.91837/0.91887         EURJPY  100.487/100.537         GBPJPY  121.081/121.151         EURGBP  0.82969/0.83019         GBPCHF  1.45330/1.45400
About Forex
The Forex market is highly characterized by the volatility and liquidity of currencies moving in strong trends with leverage of up to 400 times.
Major Currency Traded
In the Forex market, there are five major currencies traded, which are: USD, EUR, GBP, CHF and JPY.
Market Participants
There are many market participants in the forex market, but banks, Commercial and Multi-National Companies, Central Banks, Hedge Funds, Investment Management Firms and Retail Forex Brokers are the most significant ones.
Forex Mechanics
In order to fully utilize forex trading, one must be acquainted with the basic terms, conditions and scenarios in trading.
Risk & Money Management
Just as it is important to understand the forex mechanics, proper risk management is a vital tool to maximize your trades.
Economic Indicators
Financial statistics and economic data published regularly by governmental agencies and the private sector, which has an influence in the forex market.
Technical Analysis
Takes into account the price of devices and the volume of trading, and creates charts from that data to use as the principal tool.
Chart Analysis
One major advantage of chart analysis is that an experienced analyst can follow and detect the movement of the market through some form of visualization.
Trading System Development
In creating a trading system, one should take into consideration one's personality in order not to have much difficulty following it and as for it to generate consistent results.
Trading Styles
Various trading styles help traders to efficiently place their positions, which reflects the personality and character of a traders.
Market Behavior on Commodity
Commodity Currencies are currencies of countries which depend heavily on the export of certain raw materials for income
Combining Economic Releases
An experienced trader would know the strong relationship of economic indicators and technical indicators in their influence in the forex market.
FX Wisdom is an interactive online course for beginners and advanced traders. Dive into the theories and principles of the foreign exchange market through our guidance and resources, enabling you to understand market psychology, major economic terminologies, fundamental and technical analysis. Through this course, a clearer understanding of the Forex is deemed to guide beginner traders to professionals.
FX Wisdom: Beginners
FX Wisdom Beginners is a comprehensive self-study course, tackling the basic concepts of foreign exchange market as well as an introduction to fundamental and technical analysis.

FX Wisdom Beginners is PSS FOREX's treat to all Forex enthusiasts wanting to learn Forex concepts online. With this, one can study the foreign exchange theories at their own pace and cover vast topics which range from currency quoting and the factors driving individual currency movements, to sound money management techniques that would attempt to maximize gains and keep losses to a minimum.

FX Wisdom Beginners allows every trader to read and analyze currency charts using basic and advanced technical tools as well as to recognize trends in the market as they emerge.

This ideally involves establishing specific, measurable, attainable, realistic and time-targeted objectives. Work on the theories, which suggest that it can serve as an effective tool for making progress in the Forex market by ensuring that participants have a clear awareness of what they must do to achieve or help achieve an objective. On a personal level, the process of setting wisdom allows people to specify and then work towards their own objectives - most commonly, financial or career-based goals.

Finally, traders would be educated on how to anticipate and react to major announcements and events, recognize trading patterns, and detect trading opportunities more effectively using technical tools, and core risk management concepts and strategies which are grounded on solid theoretical frameworks about the foreign exchange market. All of these are then married to intelligent and proactive risk management which, given enough time and experience, would result to profits.
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FX Wisdom: Advanced
FX Wisdom Advanced is an indulgence for experienced Forex traders looking for opportunities in the foreign exchange market. PSS FOREX offers FX Wisdom Advanced to give you a chance to get a Forex education and improve your trading skills. FX Wisdom Advanced is introduced in a plain and simple way.

Some people learned Forex trading through many ways: friends, current events, newspapers, television, and many others. Here in FX Wisdom Advanced, we have compiled numerous remarkable topics for professional traders like you.

It is a user-friendly educational service committed to excellence in Forex coaching, which can help you make informed and responsible trading decisions. This will also enhance your knowledge in both fundamental and technical concepts as well as help you manage your Forex portfolio.

Achieving complex and difficult goals within the Forex market requires focus, long-term diligence, and effort. Success in trading requires foregoing learning and justifications for currency mobility or experience through the years; in short, success requires knowledge. The measure of belief that traders have in their ability to achieve profits also affects that achievement.

You can choose from Fundamental Analysis, Technical Analysis, Japanese Candlestick, Bill Williams Chaos Theory, or any other. Whatever you may choose, never stop studying. PSS FOREX wants their clients to succeed and offers a promise of
credibility.
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