I want to start investing in forex, and i dont know how to begin, concepts like pips that look me in Chinese.
Does anyone have any idea how I can start trading Forex and earn money?
Whoa!
You remind me of me. and I started to trade forex few years ago I did not know anything! 
Luckily i found a site that helped me a lot and now I earn good money..
If you want to see my site I wrote you the link resources box here.
I’m considering trying out online forex trading. What are the better and honest sites? Is there ever any problems withdrwalwing funds from your acct?
Use brokers that are really big.
Not those that need to give you freebies, free $$$ in your account to attract you in.
Oanda, fxcm, ibfx are some honest brokers.
14 years of full time forex trading experience
Asia Forex Mentor
Ezekiel Chew
I’m keen to understand the differences between these two kinds of currency trading brokers.
Market makers basically "make" the forex market. That is, if you’re trading currency pairs with a market maker, you don’t get direct access to the forex market. Instead, a broker sits on the other side of the terminal and pretty much trades against you.
With a market maker:
1. You see frequent requotes & stop hunting
2. You lose money on trades that otherwise seem profitable
3. Your currency feeds are manipulated, and
4. When (or if) you make money, you have a hard time withdrawing it to your bank.
The biggest reason why market makers get away with this is because they are not regulated.
All of these problems can be resolved by moving to an Electronic Communications Network (ECN) broker. Like a Straight Through Processing (STP) broker, ECN forex brokers are both regulated and reputed.
http://BrokerNightmare.ellsed.com
The group of indicators outlined here, are the best forex trading indicators in my view and any trader novice or pro should know about them. There all simple to learn, visual indicators which are very effective…
No indicator is perfect but if you learn how to combine the best and practice, you can build a robust Forex trading strategy for success.
Here are your best Forex trading indicators and how you can use them for bigger Forex profits.
The Bollinger Band
Developed by John Bollinger this indicator has the use of showing the volatility of a currency from the norm. You can soon spot overbought oversold levels, as volatility rises and trade into them. The middle band is a simple moving average and you can buy and sell back to it, in strongly trending markets as this area indicates value and this simple strategy is one any trader should know.
The Bollinger band maybe one of the best Forex trading indicators - but you must confirm moves and for this you need some momentum indicators to time your trading signals. Let’s look at some.
Relative Strength Index RSI
Developed by trading legend Wells Wilder this is a great indicator you can use to gauge the strength of a trend. If the RSI is in favor of the trend, you stay with it, when it diverges from the trend, then its time to either bank profits or enter contrary trades.
Average Directional Movement ADX
Another indicator from Wells Wilder and like the RSI the ADX attempts to determine if the market is in a trend or not. The ADX line is a great momentum indicator and will help you trade and stay with the strongest trends. It also acts as a great indicator in terms of warning when a strong trend may change.
A great profit taking signal is when the ADX rises above 40 and turns now. When this happens you can bank profits or look for contrary trades.
The Stochastic
Developed by George Lane this is probably the best indicator to help you get better market timing and execute trading signals.
Stochastic crossovers can confirm any move, within a trend and also be used to take contrary trades. In contrary trades, a stochastic cross with bullish or bearish divergence (from over bought or oversold levels) against the prevailing trend is very effective.
Moving Averages
Price spikes don’t last for long and prices will return to a longer term average. In existing trends this tends to be around the 20 day average and in longer term trends, you can trail a stop back behind the 40 day moving average.
This is a simple tool and every trader should use them for setting up entry and exit points.
They Work and Will Continue to Work
The above are the only indicators I use and I have been using them for 25 years.
There still as effective today as they ever were. These best Forex trading indicators if used correctly can improve profits and decrease risk and that’s what all Forex traders need in their trading.
Samuel Leslie Berkovits
http://www.articlesbase.com/currency-trading-articles/best-forex-trading-indicators-a-combination-of-indicators-for-bigger-profits-730585.html
I’d like to know all important economic or banks reports/meetings that affect forex. Please rank it by impact on Forex and the time of release.
Thanks in adv for any reply.
Forex is continuously being affected around the clock by news. Have a look at forexeconomiccalendar.com, they list all the important numbers you would want.
Which are the forex brokers offering such low spread?
I m trading EUR/USD with Forex-metal broker with 2 pips
Many years ago, Forex trading was possible when you’re in the actual trading platform. If you’re not present there, you can’t make a trade. Thanks to the introduction of the internet, it is now possible to conduct the Forex transactions from the comfort of your own home or even in the office. There are now Forex trading courses offered online which can help you with your trading concerns.
The communication industry has definitely contributed a lot to the growth of the Forex market. Trades can be done by way of phone or through online resources. Because of this, the Forex market is far larger than other major financial markets. By taking up trading courses on the internet, you can learn a lot about Forex trading. Newbies in the industry will definitely learn a great deal about this market and how to conduct their trades. A lot of things are free online but the trading courses require a minimal fee. The knowledge that you can gain from these courses are nothing compared to the fee that you’re going to pay. Besides, if you can become a good trader, you can earn more profits.
Before signing up for a trading course, you need to consider things like:
1.Who offered the trading course? Was offered by a reputable company or firm?
2.What is the reason behind the course offer?
3.Is the company or firm trying to promote a trading site where you can join in the future?
4.Is the course trying to push you in using a certain trading website? Are you being pushed to invest money?
Answer the questions and from your answers, you can already determine if the trading course is worthy or not.
You have to find a trading course which provides high standard learning. All the information contained in the website should not be replicated elsewhere. There are traders who don’t enroll in any trading course at all because they were able to find the information in free online resources. So why pay for information that you can get for free online, right? Conduct your research and check the background of the company or firm offering the trading courses.
Before choosing a trading course online, try to check Forex articles and expert advice posted on the internet for free. You can even join forex forums and discuss Forex issues there. You can meet fellow traders who can provide you with useful info on how to trade effectively and wisely.
A good trading course should be able to provide you with different kinds of views from different established companies. It should not concentrate mainly on how a certain company conducts its trade. Look for reputable companies and firms that offer excellent trading courses. With a bit of research online, you will surely find the course that you’re looking for. Since you’re going to pay for the trading course, it should teach you everything you need to know about Forex trading which includes developing a trading system, using trend indicators, signal generators, flow charts, and many other things. The course should also teach you about the best trading software programs available in the market today.
Start looking for the best trading course online. With a very minimal fee, you can already gain priceless knowledge that you can use when you finally decide to enter the Forex market. Now, Forex trading will not be very difficult for you.
Regi Ross
http://www.articlesbase.com/currency-trading-articles/forex-trading-courses-online-732549.html
EUR going way down. I want to know what to currency pair/s to choose to bid on USD/EUR
I assume that what you’re trying to do is make money off of the fact that the EURO is going down, but you don’t know how to sell a currency you don’t own yet.
Its simple, just open a forex account with any forex broker, and you can enter a sell trade. You don’t have to own the currency first. You are selling short, which means you’re essentially selling an IOU to deliver the currency later. You then close that position by buying euros.
I suggest you check out a website called:
www.babypips.com
Click on the tab that says "school", and it will walk you through all the steps to start trading currencies. Just be aware that its very risky so only trade with money you can afford to loose.
I have a forex account and would like to know that people think is the best startegy to employ in the current market conditions?
If you have an account open and have begun to try to trade, then you’ve seen there are literally thousands of trading methods and indicators and signals and setups and triggers to exponential infinity if you begin to combine them.
There is no single "best" strategy. I know this is not what you want to hear, because your question presumes there IS a best strategy. There is no crystal ball or pot of gold at the end of the rainbow. That may seem harsh, but I’m going to beat you over the head with this because you must understand in advance. There is no certainty, and the future will always be uncertain. There is no one best book or webinar or seminar or single answer or holy grail. The best we can do is give ourselves a small edge over 50% certainty, then use good money management to control losses if we’re wrong. There are hundreds of "best" systems that work. You may have a simple trigger to enter the trade, but the setup is always going to be a combination of things. If you can’t juggle several things at once, if you can’t remember what it did before and don’t have a good memory, forget it; give up. If you can’t handle the fast pace, constantly changing, stressful environment, just quit. And if you don’t address your psychological inhibitions and address your fear/greed and honesty disorders, you will not succeed. For example, people that need to be in control, like lawyers and doctors, are the worst traders. So far, you have failed to see that there are many more issues to becoming a trader than the system or computer.
If you are looking for the best forex software, visit this site
http://Make-Money-With-Forex.org/
This software is the best software that can help increase your trading profit and user friendly.