Archive for the ‘Forex First Steps’ Category

Which route to start?

20 Nov 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi All,

I have recently passed the FSA regs and SFD certifications and I am now looking to learn how to successfully trade the Foreign Exchange market.

As a raw novice with no previous trading experience and having not come from a financial background I would like some advice on the best way to move forward. i think I am in a fortunate position in that due to my inexperience I currently have no pre conceptions or bad habits. Moving forward would I be best to educate myself and set up a demo account learning from my own experience and mistakes or would I be better off trying to enter a graduate programme/trading arcade to be taught the basic fundamentals and various trading strategies from day one?

I will be learning how to trade Forex imminently however, any advice on how best to start would be much appreciated

Cheers
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Custom Unit Size

19 Nov 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

I was wondering what is the best broker to go with that has custom unit sizes? Say I want to trade a lot at 110000 instead of 100000.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Why are different currency pairs doing the same thing?

11 Nov 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

I noticed that the currency pairs AUD/JPY and EUR/USD were doing almost the same thing on the evening of the 11th. The charts look very similar and the prices are making almost the same movements, why would this be the case?

Are they both reacting to the same external information such as news and announcments?

Thanks.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Forex Live Charts,tutorials and free e-books!

06 Nov 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Forex Live Charts | TRKR Free Trading Resources

live charts and some other stuff on elliot wave and free trading e-books!!

Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

How big a disadvantage is the lack of volume indicator?

05 Nov 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi,

I think I'm right in thinking that when investing in stocks and shares you can see the volume of buying or selling, where as with Forex this information is not available.

There are indicators like Stochastics which show overbought and oversold, but this is based purely on momentum of price changes and not actual sale volumes.

How much of an advantage is it to be able to see the actual volume of sales and use that information to judge the level of momentum in a price move?

Thanks.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Attend FREE workshop - Forex AutoTrading

05 Nov 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Topic this week:
The Benefits of AutoTrading
This Thursday, November 6th @1pm ET

**FREE Webinar**
Seats still available - Newbies welcome!

Join me for a 30-minute presentation that will introduce you to the benefits of AutoTrading. You will also be shown a brief tour of BulldogFX and C2 which will give you an idea of how these two companies work together to provide outstanding support and variety of AutoTrading systems.

Never before have small investors been able to tap into exotic financial products so easily!

By the end of the presentation, you will know more about AutoTrading and why it may be an excellent investment option for you!

Live Q&A at the end of the webinar!

Click here to view and register for this topic and more:
BulldogFX - Learning Workshop
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

trying to grab some AUD bonds with borrowed USD?

04 Nov 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi,

If I wanted to try to make a trade based on borrowing USD and converting to AUD, and buying bonds or cash, in order to try to improve based on USD bouncing off a defensive high, and the AUD recovering with commodity prices over the next year... (though I have possibly missed this trade, I would like to be able to set it up in future...)

What would be the best way to trade that?

Thanks,

T.
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

30 min historicals

29 Oct 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hi all,
i am relatively new to fx and have a method which i am using with good results. It is in part systematical as the entry points are always related to certain ranges.

I manage the trade once entered and trail the best point by moving my stop up as price changes. This is making me good profits so far and also would have done over the last 12 months as i took the TESS charts and traded sep 2007 to sep 2008 as if i was doing it in real time.

I am happy with this approach but i want to see if it would have worked in previous years so wandered if i can get 30 min charts for year 2006 and preferably before thanks SC
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Roll ????????

17 Sep 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Is it just me or has the roll gone haywire? mine used to say B -0.42p and S 0.23p for instance now its B -8.43 and S 0.84 - last night they were both minus? so much so I cancelled all my trades.

What does it all mean?
Tags: , , , , , , , , , , , , , , , ,

Related posts

  • No related posts.

Formation of Topping signal

10 Sep 2008

No Comment  Forex First Steps, Forex Signals, Technical Analysis, Technical Analysis from Trading Central, automated forex trading, forex forecasts, forex predictions, forex reports, forex technical analysis, forex trade signal alerts, forex trading secrets, forex trading signals, forex trading strategies, profitable forex signals, recommended forex signals, technical analysis chart patterns, technical analysis newsletter

Hail the readerw
As a demo trader in persuit of knowledge i read many of the sites relating to Forex Trading. Many times i read forecasts in which they enumerate their opinion, but it is subject to The formation of a topping signal please explain what this is and looks like on a chart.
Thank you.
Tradingkid
Tags: , , , , , , , , , , , , , , , , , ,

Related posts

Older Posts »