Learn Forex Blog

Joelmont75 asked:


I just started trading Forex pairs and I need to be able to collect price data for the last 10 time periods (hours, days or weeks) so that I can input this information into my trading platform to give me an idea on where the price of the currency pair will move next.

Can anyone tell me how to get this info into my yahoo finance page so that it updates with the movement of the currency pairs?

Any suggestions will be greatly appreciated.

Thanks in advance!!

Patrick

SCHUCKER

CYWONG asked:


Forex is expanding very fast in this few years. A lot of tend to move from ordinary investment to forex trading. Someone claim that forex trading is the most earnable trading and most liquid investment on earth. I am not sure about it but what i know is I still did not heard any success story from anyone about forex trading.

SPIVAK

nomethinks asked:


How can one trade forex in a manner that least resembles gambling– over what period of time can one see some logic to a forex trade?

Who are the main players that govern the price levels of currency and what effects do individual traders have?

how do hedge funds trade currencies?

Does technical analysis really work? The idea of of using tech analysis seems so silly–what is the theory behind it?

Any additional information you may have, I’d really appreciate.

THREAT

ethenana asked:


Please can anyone tell me how to start trading Forex, and if it’s possible to stsrt with a little amount. Would also like to know about trading from my home (I live in Africa). Will be glad to receive any answer.

SMARR

progress asked:


I want to start trading forex, but i’ve noticed there are several trading brokers/platforms. Can you please tell me which ones are the best to use and why? And more importantly, your experience with your choice.

Thanks
jackson

GAGLIARDI

Amin Sadak asked:


When you learn Forex trading through online courses, on-location classes, hands-on lessons and other sources, it should explain to you that Forex is not a risk-free business. Although many become successful traders and double their investments, all traders have experienced losses. Most traders are aware of possibilities that trades would go against them. As such, you should learn Forex trading the realistic way and understand that to minimize risks; you should take caution and use trading tools properly.

To minimize losses and trade profitably, you should learn Forex one-step at a time. However, you should consider several things before you choose a course and learn Forex trading. These include scams and risks associated with trading Forex.

A few years ago, Forex scams were extremely rampant. Although the Forex industry dramatically cleaned up plenty of fraudulent brokers, you still need to be cautious when signing up with a brokerage firm. Generally, reputable Forex brokers are associated with large financial institutions, such as insurance companies and banks. They should be registered with your respective government agencies. For instance, in the U.S., brokers should register with the Commodities Futures Trading Commission or become a member of the National Futures Association. After you learn Forex trading but you are still in doubt with a particular broker, then it is best to check with the Better Business Bureau and your local Consumer Protection Bureau.

Even if you deal with a broker of good reputation, there are still plenty of risks to Forex trading. Each trade is subject to volatile markets, unexpected rate changes and even political events that may affect worldwide currencies. When you learn Forex trading using a quality course or attending a reputable school, you will learn different trading risks involving the exchange rate, interest rate, credit and country risks. Since each type of risks present different losses, it is important that you understand how to limit these risks and avoid them as much as possible.

The key to limiting risks and avoiding scams is education. When you learn Forex trading, you develop a solid trading strategy, making you an expert in telling when it is a good time to enter or exit the market as well as determining what kinds of movements to expect. After one course, you should be able to read financial charts, study indicators and master the basics of technical analysis.

As a general rule, you should never place money in the Forex market that you cannot afford to lose. If you are still uncertain of your Forex skills and knowledge, the only way to limit trading risks is through proper education. If you really want to become successful at Forex, you need to have patience, effort and time to learn Forex trading the right way.



SCHULER

enricog24 asked:


I’m new to trading FOREX and would like some insight on how to come up with an effective system to bring somewhat consistent gains.
I’ve learned about all the trend indicators and oscillators but just can’t formulate a way to harmonize them to attain results.

Can someone give me an example of one that works for you? PLEASE HELP!

Don’t be shy on getting technical, I’ll most likely figure it out.

GALICIA

siamese twan asked:


where can i find good online forex lessons, to learn forex trading?

WILHELMS

Harve asked:


I am just learning about trading FOREX and would like to know from those who are both novices and pros at it, what to look out for, what to know and wish you knew from the beginning and if it is something a person can do well at?

DISS

tyobda53 asked:

forex demo, learn forex, forex trading, forex, forex systems, learn forex

STOCK