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 Global Cryptocurrency Exchange Waves.Exchange Announces ...

Global Cryptocurrency Exchange Waves.Exchange Announces ...

/r/Forex Trading Community

Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
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Forex News — The #1 Place to Discuss Currency News

A subreddit to aggregate and discuss all important Forex news from the top sources.
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Forexnoobs

A community for people new to Forex trading to learn the basics and find answers to the most common questions. Find out about free copy trading at ForexCopy.
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Fairly new to forex, are these some good areas to look for price rejection?

Fairly new to forex, are these some good areas to look for price rejection? submitted by headedglobe to Forex [link] [comments]

New to forex, need some tips

Hi, I want to dive into scalping? What’s the lowest time frame I can get into for charts? what platforms are the best for scalping? I’m a us resident, I looked into ecn and stp? Also is td ameritrade a ecn or an stp? I’m starting small so I want a platform that has low spreads with 0 to very low commission, and has good place orders for scalping, thanks
submitted by 1CBBS to Forex [link] [comments]

Hey all! New to forex, have a question about risk management.

So I’m on track to double my paper account from 5k into 10k in less than 2 months. I am taking maybe slightly larger positions than I should, but nothing too extreme. My strategy is picking pivots, gauging the momentum, using top down to pick potential pivots, place a tight stop on one side, and then just letting the profits run as long as possible using 4h chart and placing stops as it continues to run. I have found this to have a low success rate but because of the profit to loss ratio being in the ballpark of 5:1 or more sometimes that I only have to win 20% of my trades. When In reality I’m doing far better than that. Getting close to 50% win rate. Maybe something like 30-40%.
My question is, is 2 moNths doubling a paper account enough back testing to start with real money? Or is this too risky? Should I double it a second time before I risk the real dough?
submitted by explodingwombat to Forex [link] [comments]

New to Forex/ Need a tip.

Hello all, I have recently started trading with a low amount of just 100$ in a leverage of 1/1000...Im only going for EuUsd and so far im up to 170$ in two days. Can anyone help or give a top how i should go on? Thanks in advance.
submitted by kocimet to Forex [link] [comments]

hey im new to forex and was learning through babypips, i dont understand how i would profit by selling GBP when the economy isn't doing well..

hey im new to forex and was learning through babypips, i dont understand how i would profit by selling GBP when the economy isn't doing well.. submitted by sourav-mohile1 to Forex [link] [comments]

How many day trades can you execute? I been trading stock but I’m only to 3 day trade and sick of tired of daily swing trades.. is there a limit or none? I’m new to forex, any information is appreciated and thanks in advance

Title
submitted by Expensive-Ads to Forex [link] [comments]

New to forex trading

Hi there redditors! I've been gathering information to start investinf in forex. I think the question that crosses my mind the most is how much is needed to start(im starting on college this year) and how stressfull it is? Any tip or advice would be good to.
submitted by TheUnusualMadeirense to Forex [link] [comments]

New to forex , why did EURUSD and GBPUSD jump up so bad ? Plus are my support and resistant levels in a good place? Do the market’s regularly jump Obove and below support and resistant levels (1hr chart)

New to forex , why did EURUSD and GBPUSD jump up so bad ? Plus are my support and resistant levels in a good place? Do the market’s regularly jump Obove and below support and resistant levels (1hr chart) submitted by Tommyblackie to Forex [link] [comments]

I’m new to forex and need some strategies.

I’m 17 and I am looking to get into day trading. I have heard that trading 212 is a good start especially with low commissions. I want to just use forex as a little extra money, rather than making a career out of it.
After doing some basic research I found out that is it useful to have strategies. I have heard that divergence is a good strategy but I have no idea what that means or how it works.
If anyone could give me any good strategies or ways to get into this. Thanks!
submitted by instadog000 to StockMarket [link] [comments]

Currently new to forex

I have a £500 account, and plan on risking 2% per trade. I’m taking a trade on nzd jpy with a stop loss of 106 pips.When I go in my fxbook position size it tells me to use a lot size of 1.3, is this the correct lot size I should be using.
submitted by headedglobe to Forex [link] [comments]

New to Forex, how do I know I’m not getting scammed?

So I’m new to forex and haven’t done must research but a guy reached out to me and said he would mentor me, and even do the trades for me, in return for 15%, however the site he wants me to use I have never heard over and seems kind of sketchy. It’s fxtradebuz, that’s the name of the site, not much comes up if you google about it.
I apologize in advance mods if this post isn’t allowed, new here
submitted by punchingtigers19 to Forex [link] [comments]

How many people are new to forex here?

Wondering how many people are new to forex and did you switch from stock trading to forex. If so how has it been and what are the benefits
submitted by ThePracticalInvestor to Forex [link] [comments]

New to forex. Canada

So i'm a crypto trader looking to get into forex trading (Canada). Any help is appreciated. My main questions are:
  1. Which brokerage should I use?
  2. is there a minimum capital required?
  3. What are the fees (comission, tax, etc.)
submitted by KembaTyler18 to Forex [link] [comments]

Euro has been trending against jpy for more than a week now, any idea about this? im pretty new to forex and i've wanted to know some opinions of the veterans here, thanks!

Euro has been trending against jpy for more than a week now, any idea about this? im pretty new to forex and i've wanted to know some opinions of the veterans here, thanks! submitted by izner82 to Forex [link] [comments]

New to forex!!!

So here's the story. About a year ago I started forex when IML became this huge thing at my college (Texas tech) and I went and joined IML, paid about $200, and regretted it the next morning. Being introduced to forex in such a pyramid scheme way, I didn't even give it a shot and just dropped it. Now I'm back and I'm actually wanting to learn the market and how to trade.
From new investors and from the vets, what are the ways you guys learned to successfully trade. Books, YouTubers, websites, all are welcome.
submitted by EtechEmmanuel to Forex [link] [comments]

Old to Stock trading, new to Forex

Hello All,
I am trying to get more in the forex market. I generally trade stocks.
For people who have traded both, why do you prefer one over another?

Thank you.
submitted by workalonesf to Forex [link] [comments]

watch this if you're new to forex

watch this if you're new to forex submitted by nikholas1117 to u/nikholas1117 [link] [comments]

New to forex, have some questions.

Mainly, is forex a reasonable option for making some extra money as a teenager? And what is the best way to get started?
submitted by grantmacd18 to Forex [link] [comments]

Saw head and shoulders and bought at retest. Was this a good move ? Sorry new to forex trading

Saw head and shoulders and bought at retest. Was this a good move ? Sorry new to forex trading submitted by JoJax312 to Forex [link] [comments]

New to Forex and following the trend

Listen there are alot of new Forex traders and there is a lot of advice out there but in the very beginning when you are just starting out. Please follow the trend.
Figure out the trend on the day, and only place buy orders on a green day and sell orders on a red day. This will save you some huge headaches...if the trend is all over the place, just walk away.
When you have more experience sure trade against the trend, but you will be much more confident in your setups. You will understand newsday cycles, there are so many things to trade on forex which is why I think most of us here like it. Maybe I'm wrong, but a friend gave me that advice when I was starting out and I think it really helped
submitted by XNinjaWatchingX to Forex [link] [comments]

Night Profit 2 ea not trading very well, I'm new to forex trading and asking for help!

hello everybody, this is my first time on Reddit as I can't find any help on setting up night profit 2, on the store page its says 95 percent profitable trades but I'm just not getting it I've been backtesting on mt4 for the past couple of hours and I'm only at 50 percent. I am very new at this and I use OctaFX for my broker. tia.
submitted by SpecialistExample1 to Forex [link] [comments]

New to forex (kinda)

I've been messing with paper trading forex for about two years now, and I've just opened a micro account.
How long should I trade on that before moving on to funding a relatively big account?
Any other advice would be greatly appreciated.
submitted by _theamateur to Forex [link] [comments]

NEW TO FOREX? START HERE - YouTube EMMANUEL FOREX - YouTube The ONLY Forex Trading Video You Will EVER Need - YouTube New To Forex  Forex Trading for Beginners - YouTube Forex Trading for Beginners - YouTube

Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or ... Find the latest list of new forex brokers added to our directory. Read broker reviews and compare. AllFXBrokers is the ultimate forex broker directory. Real-time forex news and the latest trading updates. What you need to know now about the GBP, Dollar, Yen, Euro and minors. Two risky ideas—foreign exchange trading and multi-level marketing—have meshed in one of the financial world's strangest trends. The Global Forex Awards 2020 awarded excellence in the financial industry in areas such as cutting-edge technology, low-cost trading and customer service. This is the second consecutive year that FP Markets has been voted as the Best Global Value Forex ...

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NEW TO FOREX? START HERE - YouTube

Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work. So we decided... VIP EAP Mentorship Program - https://eaptrainingprogram.com/video-sales-page Time Stamps: What is a pip? - 10:40 What is the value of a pip? 27:00 What is le... Welcome to EMMANUEL FOREX Channel - One of the leading Forex education , online course & world-wide motivational speakers. We believe in the importance of sh... Glad this video helped, no more products for sale no more courses either, study the videos they will teach you everything you need to become a 6 and 7 figure... Forex is a commonly used abbreviation for "foreign exchange," and it is typically used to describe trading in the foreign exchange market by investors and speculators.

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