How can you get a pattern like a piercing pattern or a counter attack line pattern on forex?
A piercing pattern occurs when the first session is a black candle, then the second sessions candle opens below the prior session low and closes at least half way above the prior sessions candle real body. How can that be possible in forex because the open of one candlestick is the close of the prior candle? Only in weekends you can have a gap?
didn’t find any answer ?, you can find books, tutorial, video, chart, prediction about forex here:
How do retail forex brokers make their profit with the kind of leverage they give to customers?
The same way any other broker does: by a spread between the price collected from the buyer and the price paid to the seller. The leverage has absolutely nothing to do with it.
Forex Trading Signals To Your Currency Fx Metatrader 4 Broker
Can you point me out to some cool websites where i can fine downloadable forex ebooks and videos. Thank you
The bottom links provide excellent info on forex trading because all of these reflect the writers personall experiences. They provide links regarding an ‘intro’ on forex trading, forex trading tips and ways to succeed, avoiding fraud in forex, strategies related to trading and also a ‘day in the life of a trader’ article which relates to the writers personal trading experiences.
Apart from the personal articles, this website also updates about the important happenings in foreign exchange (both major and exotic currencies and data), the worlds financial markets and economic conditions. They also look at the main decisions of the worlds central banks such as the US. Federal Reserve, Bank of Japan and the Reserve Bank of Australia.
Forex is a good place to put your money in if you think the U.S Dollar is going to collapse?
The fed is printing money out of the thin air, are debt is huge, and everything seems to be going down hill for are great nation. I just want to protect what I worked hard for.
If you are afraid that the dollar is going to collapse, I would put my money into commodities, like gasoline and food and guns. Oh, and I would keep them in my garage, not in the commodities markets, so I could get to them more quickly.
If the U.S. economy implodes, we’re all screwed. Too much of the world’s economy relies on the United States for it to collapse, and if it did, it would take much of the rest of the world with it. Other countries would do their best to halt the collapse, putting them at risk as well. It’s sort of like the Titanic, once the U.S. goes down, the shock wave will suck down other economies in our wake. There will be no safe store of value, except for maybe gold, and no one will have the real money left to buy it. Think about the Weimar Republic in Germany after WWI, workers were paid twice a day and carried their money around in wheelbarrows to buy a loaf of bread. And Germany at the beginning of the century was one of the economic titans in the world.
The prospect of the American economy is too horrible for the world to contemplate, and everyone in the world has a vested interest in keeping us going. The U.S. economy isn’t going anywhere, and if you think so, I would take more extreme measures than the ones you are proposing, such as buying a farm in a remote part of the country and becoming a survivalist.
Whats a really good, free, solid Forex system to make profits?
Theirs so much scams out there for Forex especially the ones you pay for that just generate losses. Just wanted to know if anyone in Forex could offer a helping hand for a free system since i waited so much money on Forex scams
You are in total dream land.
There is only one “system” in trading that will work…. that’s the one you create.
Read books on interviews of successful traders. Two things will come through;
You have to make your own system.
Success is highly dependent on your trading money management skills
Read;
Millionaire Traders by Kathy Lein & Boris Schlosberg
Which Forex Robot has the best results and easiest to use ?
Im still confused on which Robot to get to start Forex trading. If anyone has any experience, I would love hear any pros and cons.
The Federal government warns there are a lot of Forex frauds out there, and these Forex robots appear to be one type of these scams. If these robots really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex robots. The link below is a Federal website warning you about Forex fraud.
There are a lot of people on the Internet claiming they have done very well using Forex robots. These appear to be of two types. One is the outright liars. You might meet a person called “Zboy227″ who says “I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227.” The “/Zboy227″ tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.
Take a look at Bob J’s website. If you click on the link for Fapturbo, you can see that he is sending you to the site http://www .fapturbo . com/?hop=gannon6 The “/?hop=gannon6″ means he gets a commission if you buy Fapturbo.
There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a robot for a few days and have had some beginner’s luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex robots is positive.
I may point out that websites that sell Forex robots admit there are a lot of scams out there. Of course they claim the other guy’s robot is a scam, but their robot works. If you do a web search on the words “forex robot” and “scam” you will find a lot of sites saying their competitors are scams.
I will admit I have not personally tested every robot out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a robot without clear proof it really works.
What does a currency trader do and is it hard to learn? Where can Iearn about it and what jobs can I get?
I was wondering what a currency trader does? I found a job listing online that say they needed ” Entry level Currency traders” but didn’t really specify what they do exactly. I am guessing it is something to do with Forex. It then lead on to summit your resume for a interview etc.The manger of the company emailed me back saying he was really interested in interviewing me after reviewing my resume. I want to know what currency traders do that are in the entry level position and is it hard to learn? If it is where can I learn a head of time to better understand it? Can currency traders earn much? Please help thanks!
I am 21 male and still undecided what I want to do in college. Is it too late to still decide what I want to do? Am i getting too old? I feel that way…I do love investing though if I understand it…
It’s a sales job. They will ask you to find people who will trade foreign exchange on their platform. Some companies pay a basic salary, while others, if they put you on “Introducing Broker” status, is purely commission based.
The foreign exchange market is the biggest financial market in the world. It is open 24 hours, and is traded by big institutions, goverments, and seasoned investors.
Forex Trading Software With Automated Buy : Find Out The Top Two Options Of Forex Trading
Stock Alternatives – Comparing The Two Types
The trade for investment is fast increasing in the market nowadays. Having its various trading features and then high offers for financial income, plenty of people have grown to be really fascinated in trading with such agreements. Let us understand concerning the two kinds of these alternatives in order to better learn how to buy and sell them. To learn even more, you are able to click the following link (Forex Trading Training)
Finding out how each one of these selections could work to your benefit being the contract} holder can absolutely prove useful with the volatile developments on-going in the stock market.
The Two key types of option contracts are the call option as well as put option. Each of these contracts keeps rights and rewards for their proprietors. Let us discuss all these and how they can be useful for you.
Call Options
A call option is a type of agreement that gives the owner the authority to purchase the underlying share at a certain set price (also called the strike price) within a given time frame, which should be on or ahead of the expiration day.
The buyer of a call has the authority to purchase stocks with the strike price before the date of expiration. The writer or the owner of the call on the other hand, holds the responsibility.
If a call buyer chooses to perform his or her choice by determining to buy the actual share, then the call writer is then required to sell his or her share at the negotiated strike price.
As an example, a trader buys a call option from a certain company with a strike price of $10, which will end in two months, then that buyer has the authority to perform his or her option by paying the value of $10 for every share.
The writer, on the other hand, would be required to give up the stocks in the exchange for $10 for each of them.
Put Options
On the other hand, a put option is the total opposite of the previous. It is a agreement which allows someone to sell the underlying inventory at a specific price on or ahead of the expiration day.
A put buyer owns the authority to offer stocks with the strike price, and after this, a put writer will be required to sell at the negotiated value.
And so, if the traders who have bought the shares of a company would have developing worries that business might not fair a present market slump, then they can purchase a put option at a specific strike price in order to ensure the safety of their profits.
These traders would then secure the right, till expiration, in order to sell their stock shares for the same quantity they spent for them. Sellers of the put are then obligated to buy back again the stocks. In case in cases where the organization seriously failed to do well throughout the industry bad times, then this could harm on the part of the put vendor.
Understanding concerning the differences between these two types of choices are the first main step to direct you for making choices in trading stock options. For more details regarding this topic, you may click the following link (Forex Trading Website Online)
Be sure that you are aware of what threats are involved in each type, so you could understand whether to buy a call or put option with the present actions of the stock market.
So if you wish to get acquainted more about forex trading options, you may click on the following link (Forex Trading Strategy) Forex Peace Army|Sive Morten EURUSD Daily 08.01.11
