U.S. Dollar Index (USDX) was introduced in March 1973, when the Bretton Woods system ceased to exist. The index shows the ratio of U.S. dollar against a basket of six major world currencies - the euro is (EUR), Yen (JPY), British Pound (GBP), Canadian dollar (CAD), Swedish krona (SEK) and Swiss Franc (CHF). As part of the basket each currency has its own weight:

EUR - 57,6%
JPY - 13,6%
GBP - 11,9%
CAD - 9,1%
SEK - 4,2%
CHF - 3,6%

The composition of the basket of 1973 changed only once - in 1999, when the euro was introduced.

At the time of occurrence of the index had a value of 100 points. Historic lows it reached in March 2008 - 70.7 points, while the maximum was recorded in February 1985 - 148.1 points. The index traded at the time of the global currency markets - 24 hours a day, 5 days a week. Trading is to exchange ICE (Intercontinental Exchange) - The former New York Mercantile Exchang ... Read more »

Fundamental and technical analysis of currency market Forex - is the most enigmatic and unpredictable market in the world. But you can minimize risk and increase your profitability by trading on Forex. This is an analysis of fundamental and technical factors affecting the currency fluctuations. Distinguish fundamental and technical analysis. Each in his own good, each has its fans and followers.

Fundamental analysis

Fundamental analysis - is one way to predict the foreign exchange market. Followers of this type of analysis is that the situation in the forex market can be predicted, based on events occurring in the financial market. This monetary policy of the state, the unemployment rate, the overall condition of the national economy or the financial viability of its leading enterprises.

There are a lot depends on various internal and external factors that affect the position of the national economy and its position relative to ... Read more »

Trading Rule 1

Decide in advance what counts as a loss in each of the planned transaction. Under "choose" means the following: determine what to do or be a market where all the transactions have been exhausted - at least in part of your trading period.

Unless otherwise come to the losses, the possibility of losing is not threatening to respond with pain. The most successful traders have changed their views on the loss, losing a fortune, and even a few states. Having lived through the most terrible fears losing, then they realize: we simply do what is necessary, and then there will be nothing to fear. But what should you do? Assume that the possibility of error is not excluded, and therefore recognize that loss is not completely avoided. Thus, to admit and accept the inevitability of loss - is a commercial science. Of course, most difficult, it is given, but without it does not lay the foundation, in fact, just what you need to know to become a successful trader.

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Trading in financial markets is a serious business, which is based on a set of trading practices, known as succinct word strategy.

Section "Forex Strategy" provides an excellent holistic plan for the work. It consists of components such as the Trading System, which supplies signals to enter the market, as well as methods for calculating purposes. Trading systems are hosted in this section includes not only mathematics (based on indicators), but also graphics - for example, the Fibonacci levels.

Immediately warn that the use of strategies offered in this section, it is not guarantee profits. You can use them as sources of ideas that you can add in your own trading strategies.

The list of strategies:

How to calculate the aims of the movement: Average True Range

Fibonacci Method Joe DiNapoli

As a hedge against currency risks