Forex Pairs Trading Information

The Internet is the largest resource of information in the world. Billions of people put this resource to use every single day for various reasons. Those who wish to learn Forex can do so quickly and easily using the internet, offering various benefits over the more traditional brick and mortar approach to education. Forex trading is an extremely hands on practice, and in order to really get a grasp of the theories, the analysis, and other information involved, it is a good idea for students to set up a practice account.

The most important point to consider before beginning trading Forex is that the driving forces behind the market are constantly changing. This means that any Forex course or other form of education can only teach the theories and the basics. Traders are constantly learning new tips and new patterns that can either prove fruitful or bear no relevance to prices.
Intermarket analysis considers the effects that other traded markets may have on the Forex market. For example, Intermarket analysts may look at price trends in the oil market compared to the trends that followed in the Forex market. If any indicators were found, then the trader would act accordingly. Some Intermarket analysts, considered to be technical analysts, may use charts to spot these trends. On the other hand, fundamental analysts may use the news associated with one market and determine its effect on the other.
The existence of Intermarket relationships is still contested between many parties, but there are a number of analysts and heavy traders who are insistent on its effectiveness. Either way, it would certainly be a folly to ignore it as a potential indicator, especially when beginning to learn Forex indicators.

Indicators for the Forex market are defined as PIPs.  A pip, which stands for "price interest point," represents the smallest fluctuation in the price of a currency pair.  The value of a pip depends on whether a person's primary currency (e.g., USD for a U.S. citizen) is the base currency or the counter currency. 

The Major Forex Pairs VantagePoint software predicts are in the following categories:

US Dollar/Canadian $	USD/CAD
US Dollar/Jap Yen	EUR/JPY
US Dollar/Swiss Franc	EUR/CHF
Aust $/US Dollar	AUD/USD
Euro $/US Dollar	EUR/USD
B-Pound/US Dollar	GBP/USD
Aust $/Jap Yen	AUD/JPY
B-Pound/Jap Yen	GBP/JPY
B-Pound/Swiss Franc	GBP/CHF
Euro $/B-Pound	EUR/GBP
Euro $/Canadian $	EUR/CAD
Euro $/Jap Yen	EUR/JPY
NZD $/US Dollar	NZD/USD
Euro/Swiss Franc	EUR/CHF