There are certain essential things that one must know about before they can ever plan on making income from the forex market. Here are my top 5 things that everybody must be aware of if they wish to achieve success trading the forex market:
It seems that USD based currency pairs have the lowest spread. However, I am living on the other half of the earth (12 hours ahead/behind New York), and I am new to such forex trading It’s not entirely about location, since most financial markets are already integrated across the globe. USD based currency pairs have [...]
I am looking for a book with practical and realistic hints, tips and strategy which is also written in a very coherent way. Thanks Here are some that I can recommend to you. Both are filled with good information that both beginning and experienced trader will find useful. “Forex Patterns and Probabilities” by Ed Ponsi [...]
Forex market is complicated but still challenging to get cash from there. It’s about how to trade in this market for long term. If you’re a potential investment player who’d like to make it big in the business and financial world, then you go for forex trading. The FOREX, also known as the foreign exchange [...]
I like a strategy that; 1) reduces the market risks associated with Forex market 2) pays me an interest rate payment 7 days a week 3) takes advantage of downtrends to buy additional shares 4) takes advantage of uptrends to capture profits 5) requires minimal time staring at a stupid computer screen 6) requires less [...]
My Top 3 Forex Trading book(s) * ‘Forex Made Easy’ – James D. * ‘Forex Revolution’ – Peter Rosenstreich * ‘New Trading Dimensions’ – Bill M Williams Combine these with an online forex trading platform like Forex Tracer and you’re good to go. Start small, be realistic and have a monetary goal. Of course, a [...]
I am going to be 18 years old in a few days, old enough to invest money. I have had a practice forex trading account with FX Express and have discovered some interesting things and have found ways to make money consistently at 10% compounded daily by developing my own trading rules by using only [...]
