Recent content by fxfxforex

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    FAQ What’s the Difference Between a Discretionary Strategy & a Mechanical System?

    I believe that one can apply good trading principles without having an explicit system and be successful as a discretionary trader. Some of the best traders I know are discretionary traders, this is especially true of day traders or swing traders. Discretionary trading is more fun and can be...
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    FAQ How Difficult is it to Trade?

    its not that easy thing to do and its also not so difficult...it mostly depends on your experience so as long as you are trading you will gain experience... and also your luck plays a rule in it :) you should know when to open and close your orders and choose the right times to do that..and...
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    Help Me

    you have to be sure before dealing with any broker that it is regulated,has alot of branches,registerd,has a good reputation and the most important thing is your funds are secure even in case of bankrupt.
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    Forex Applications

    Technical analysis is based on the analysis of the charts. Finding the trends, support and resistance levels and also consolidations like triangles, wedges, pennants, double and triple tops and bottoms, head and shoulders and … can be done through the technical analysis rules and when you can...
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    Questions for Traders

    How did you get into trading? well its a good way of investing and its interesting also there are my friends who encouraged me to join this field What good books did you read? I have Kathy Lien's book (Day Trading in the Currency Markets), and I like it, but I like John Carter's book...
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    Recommended Trading Platform

    if you want my advise,try Meta Trader 4 platform..its reliable, professional and secure,it has a friendly and simple user interface that allows you to keep an eye on your transactions and your account as well as develop Forex trading strategies of your own and performing technical analysis...
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    Hi from New Guy

    helloo oldslowbear :) if you are using Meta Trader $ platform,then there is a new indicator called TzPivots. It shows the daily pivot points directly on the MetaTrader chart. It’s easy to use — you only need to set two input parameters for it to work properly: LocalTimeZone — should be set to...
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    Trading edge strategy (Tess)

    The Trading Edge Strategy has allowed me to change my lifestyle. I can invest with confidence and it is giving me financial freedom. I no longer work full time and the money I generate from this system means that I can pursue my other interests and hobbies. The Trading Edge Strategy has become...
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    newbie reporting

    hii pdmsgeek welcome to forex world :) well,from my little experience in trading i advise you as a beginner not to start with openning an account with large amount of money,also you should not choose a high leverage to be in the safe side because it is a double edged weapon,which means as much...
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    Trading Times

    you can visit this link Forex Market Hours
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    Help

    think you should consider Kathy Lien's new book on forex. I have'nt read it myself, however, I heard it's a great forex trading book for newbies, and I think it's about both the technicals and fundamentals. Another book I really like and can recommend for you is: Technical analysis for the...
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    New At Trading Forex, Need some help,,,,THANKS

    demo account is the same as real account,you open and close positions according to the market prices except that in demo account you are trading virtual money so you dont risk your money,you are just practicing..and there is no margin call in demo account
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    Newbie really needs your help. Any advise is very welcome

    hellooo mikeydreslim ,im really sad for what happened to you :( and i hope you to find a new and better job,bad things happens to every one of us..BUT dont let these bad things ruin your life...you are still too young and have the whole life to be better and better :) About the trading there...
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    FAQ What is Technical and Fundamental Analysis?

    The Technical Analysis technique stems from the assumption that all information about the market and a particular currency's future fluctuations is found in the price chain. That is to say, that all factors which have an effect on the price have already been considered by the market and are thus...
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    What is leverage and margin?

    To understand the meaning of margin and leverage Think of your broker as a bank who basically fronts you $100,000 to buy currencies and all he asks from you is that you give him $1,000 as a good faith deposit, which he will hold you for but not necessarily keep. Sounds too good to be true...
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