Forex encyclopedia

Random article: Signs of scams brokers
We can identify brokers as scam if they conduct following activities: A frequent cancellation of profit: beware of the brokers which regularly cancel earned profit. Problems with withdrawal: bad Forex brokers can often reject withdrawals requested of clients referring to various excuses. Unresponsive customer support: you can spend hours waiting for reply to a simple question, what will happen if you face the issue with money? Bad reviews about a broker in the web: search reviews about Forex brokers prior to opening an account with them and if you see many poor reviews about a broker then definitely avoid it.
Forex market has its driving forces. Such forces are participants of market. For clarity, it is accepted to divide them into several types: bulls, bears, pigs, rabbits, hogs, lambs. In this zoo, driving forces are exactly bulls and bears. Their clear intentions and determination can greatly influence currency rates. This terminology was adopted from stock market, where emotions play not the last role in movement of quotes, thus, analogy with animals and their typical behaviour provides a clear idea on psychology of market participant.
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