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James Wolley is a Forex trader. Through his site TheForexarticles.com he wishes to teach everyone the basic of forex trading. Forex trading or FXS as some people prefer to call it, means trading of various foreign currencies like American Dollar, British Pound, Euro etc. amongst individuals. James has listed many forex tips and strategies on his forex trading blog. Using these tips and strategies one can make an excellent profit. I particularly like the trading forex breakouts strategy. In this strategy one needs to first identify instances where a currency pair are trading in a narrow range. After identifying this range, the person needs to place buy/sell orders outside the range and just look out for breakout. Such a simple strategy can earn him quite a good amount of money.