#BeginnerTalk#

While you may feel like a dwarf among big bad brokers, it doesn’t mean that you have to take their abuse! If you are disheartened because it seems that brokers have all the advantage, rest assured that there are a few simple measures to help even the odds. Compare Price Feeds Imagine a horse with bl

Welcome to FOLLOWME. FOLLOWME is a social trading network designed to establish connection with Foreign Exchange investors from around the world. Within this community, you can share your trading experiences, strategies and exchange ideas with other investors. While FOLLOWME strikes to provide a use

Forex trading involves trying to predict which currency will rise or fall versus another currency. How do you know when to buy or sell a currency pair? In the following examples, we are going to use a little fundamental analysis to help us decide whether to buy or sell a specific currency pair (taki

NO.1 First, let’s talk about the common misunderstandings of COPYTRADERS 1. Perfect curve, performance 2. Fully automatic, high-precision EA (Many EA debugging processes still have a lot of manual existence, good EA is often summarized by good manual strategy.) No.2 How ordinary investors subscribe

In order to study how the price of a currency pair moves, you need some sort of way to look at its historical and current price behavior. A chart, or more specifically, a price chart, happens to be the first tool that every trader using technical analysis needs to learn. A chart&

When you look back on your orders, you may find that there are errors. By writing trading notes, you can slowly come up with a structure to collect your gained knowledge and improve yourself in trading the markets. Trading notes are designed for traders to record their order, and review it. FO

If we take this trend line theory one step further and draw a parallel line at the same angle of the uptrend or downtrend, we will have created a channel. No, we’re not talking about ESPN, National Geographic Channel, or Cartoon Network. These channels aren’t television channels, they’re t

At the end of the World War II, the whole world was experiencing so much chaos that the major Western governments felt the need to create a system to stabilize the global economy. Known as the “Bretton Woods System,” the agreement set the exchange rate of the US dollar against gold. Which allow

There are approximately 2,800+ stocks listed on the New York Stock exchange. Another 3,300+ are listed on the NASDAQ. Which one will you trade? Got the time to stay on top of so many companies? With forex, there are dozens of currencies traded, but the majority of market players trade the seven

What does “Margin Call Level” or “Margin Call” mean? In forex trading, the Margin Call Level is when the Margin Level has reached a specific level or threshold. When this threshold is reached, you are in danger of the POSSIBILITY of having some or all of your positions

There are many benefits and advantages of trading forex. Here are just a few reasons why so many people are choosing this market: No commissions No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail forex brokers are compensated for their services through someth

What is traded in forex? The simple answer is MONEY. Because you’re not buying anything physical, forex trading can be confusing so we’ll use a simple (but imperfect) analogy to help explain. Think of buying a currency as buying a share in a particular country, kinda like buying shares in a company.

Forex brokers will quote you two different prices for a currency pair: the bid and ask price. The “bid” is the price at which you can SELL the base currency. The “ask” is the price at which you can BUY the base currency. The difference between these two prices is known as the&nbs

Now that you know what forex is, why you should trade it, and who makes up the forex market, it’s about time you learned when you can trade. It’s time to learn about the different forex trading sessions. Yes, it is true that the forex market is open 24 hours a day, but that doesn’t mean it’s always

How to Read a Forex Quote Currencies are always quoted in pairs, such as GBP/USD or USD/JPY. The reason they are quoted in pairs is that, in every foreign exchange transaction, you are simultaneously buying one currency and selling another. Base and Quote Currency Whenever you have an open position