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What is Forex? | We have 469 free forex articles/answers for you.
What is Forex? | We have 469 free forex articles/answers for you.
Latest Articles
Discover Forex Futures TradingThe FOREX, FX or foreign exchange market is the place where currencies from one country are traded for the currency of another country. Forex futures trading accounts for a very small percentage of the trillions of dollars that are traded in the...
How Bollinger Bands Can Tell You What The FOREX Market Will Do Next.
In Forex trading as in all other speculative activities in the capital markets there is a major problem that all, new and experienced traders, will face every time they open their forex trading stations. This is, how to predict the behavior of...
How To Profit From Online Forex Trading
The Foreign Exchange market or the “Forex” market is the unarguably the single largest market in the world. Each day, a staggering $1.9 trillion circulates through the Forex market in the form of different currencies changing hands between banks,...
My succesful steps ( or forex trading course for newbie trader)
Hello newbie traders! I am also a young forex trader but have my own forex strategy. It is not strategy of a forex professional, but the strategy that I use to get money from FX every month. Each of us wants know the best way to be a successful forex trader. I think the best way is to study yourself and get experience. There are many web sites with free articles, different seminars, forums which can help you develop your own system. Read, read and read. In this instance my bible is "Technical Analysis of the Financial markets by John J. Murphy".Own system ... it is GREAT ! But in reality your own system is a period of hard work within a year or more. I also work under it, but all interesting is always here - CURRENTLY, not in the future! That's why I prefer make money when I create my own system.
When I started at forex I had been trading demo account for 3 months. This period of my work is a period when we accumulate trading information - buying books, going to seminars and researching. I graduated I-Trade FX . But before doing that, I would like to be able to learn everything I can from free sources like this great forum - MoneyTec. I have been browsing this forum for the 2-3 months (read today also :) ) and just taking great knowledge and experience from forex traders! Most of my favorite forex links I see at the simple forex directory AllForForex.
The next step is to be careful and to get money. I use forex trading signals and forecasts. In my opinion forex forecasts is a very good service for a newbie trader. You can receive forex signals with entry point, stop loss and take profit levels. Some good sites that sell forex signals are
onMouseOver="window.status='http://www.fxuniversal.com'; return true" onMouseOut="window.status=''; return true">FXUniversal
(their DashBoard FX is an ideal solution for those who do not have time or experience to analyze effectively the market within 24 hours a day or 6 days a week), FXMaster. I prefer FinRise's forex trading signals free of charge . I see them by their long term results. Now, I follow their signals with half of my account balance and I trade the rest myself. I have found them to be an open and honest signal provider. Want to know why ? That's why - below is my statement for October/November 2005 (each position was opened by signals from FinRise):Statement available here http://forex-trading-your-online-future.blogspot.com/
As you can see, it is an honest service with loses , but real profit at the end is inevitable! FinRise helps me to control and to correct my own forex trading system. Using their signals - I see how to trade today , and if my system says me "sell" , but FinRise says "buy" - I just do not trade :), and correct my system if necessary - when the next day I see - who was right.
I wish you to create your own profitable forex system, but your desire to make money right now must live ! Use my successful steps for your way to gain profit at the forex market!
At the end please read and remember these simple famous rules which a forex trader must know!
1. Always trade with the trend.
2. Never risk more than 5-10% of your trading capital in a single trade.
3. Never trade without protective stops.
4. Never let a profit run into a loss.
5. When you in doubt, get out. Do not get in when in doubt.
Newbie forex trader. Tom S.
About the author:
Was born to trade at forex :)
Written By: Tom S
 RTT News | WORLD FOREX: Dollar Weakens Slightly On Euro After Trade Data Wall Street Journal NEW YORK (Dow Jones)--The dollar weakened slightly against the euro Thursday, after US data painted a mixed picture ... Forex Trading in 2010: Like the Equities Market in 2003? US Dollar Forecast Turns Bearish Against Euro, Canadian Dollar US dollar mildly lower as markets eye retail data |
 Reuters | FOREX-Dollar little changed vs majors in volatile trade Reuters ... market analyst at Easy Forex in Chicago. "If anything, traders appear to have a preference to sell the euro on rallies." The dollar JPY= was little ... FOREX-Dollar falls vs yen and euro after trade data |
 AFP | FOREX-Euro steadies vs dollar, yen; SNB awaited Reuters LONDON, March 11 (Reuters) - The euro steadied against the dollar and yen in quiet trade on Thursday, recovering from earlier falls ... WORLD FOREX: Dollar, Euro Gain On Yen; UK Pound Slumps Forex trends: recovering vs dollar and yen, euro drops vs pound WORLD FOREX: Euro,Dlr Down Vs Yen On China Tightening Worries |
 Forex Hound | Forex - Dollar mixed vs. rivals as US jobs data eyed Forex Pros Forex Pros – The US dollar was mixed against most other major currencies on Thursday, ahead of key US reports on jobs and international trade, ... Daily Forex Forecast Mar 12 Forex: US Dollar mostly lower today as EUR/USD hovers near 1.3600 US DOLLAR: KEEP AN EYE ON CHINESE DATA |
Reuters | WORLD FOREX:Dollar Lower As Positive Risk Sentiment Persists Wall Street Journal TORONTO (Dow Jones)--The dollar is modestly lower against most of its major rivals Monday morning as investors remain ... Dollar Rises After Forex Traders Flock to Safer Assets FOREX-Euro, sterling pressured by fiscal concerns FOREX-Yen firm, euro and pound hurt by fiscal worries |
Forex: Dollar dips on weaker than expected jobless claims NASDAQ FXstreet.com (Barcelona) - The Dollar has been damaged by a weaker than expected decline on weekly claims, and the Greenback has ticked down against its ... Forex: USD/JPY peaks at 90.70 and pares gains after claims data Forex: USD/JPY rebound from 90.20 approaches 90.80 resistance Forex: USD/JPY, capped at 90.80, eases to 90.00 area |
 Forex District | Forex - Dollar soars vs. kiwi on US data, hitting 2-day high Forex Pros Forex Pros – The US dollar soared against its New Zealand counterpart on Thursday, hitting a 2-day high in the wake of mixed economic data from the United ... Daily Forex News Forex Trends for Today 11/03/2010 Forex - Kiwi hits 3-week high vs. greenback on China data |
 Earthtimes (press release) | WORLD FOREX: Dollar At 2-Week High Vs Yen On Asia Stock Rises MarketWatch TOKYO (MarketWatch) -- The dollar rose to a two-week-high against the yen Monday in Asia, as higher regional shares bolstered ... FOREX-Yen slips on BOJ story, sterling stays heavy FOREX-Yen down on concern ahead of BOJ, pound slips GBP and JPY Under Selling Pressure |
US dollar flat on Taipei FOREX Focus Taiwan News Channel Taipei, March 11 (CNA) The US dollar traded flat, ending the day at the previous close of NT$31.847 Thursday on the Taipei Foreign Exchange, apparently as a ... TWD pares gain as intervention seen |
 Globe and Mail | FOREX-Dollar rises vs yen as US jobs data boosts optimism Reuters NEW YORK, March 5 (Reuters) - The dollar soared against the yen on Friday after a government report showed US employers cut fewer jobs ... WORLD FOREX: Dollar Ends Broadly Lower; Canada, Australia Lead WORLD FOREX: Euro Falls Vs Dollar After RBA Says Europe A Risk FOREX-Dollar rises vs yen after US jobs report |
