I have come accross some free forex candlesticks charts but the bars/chart were so small that I could barely see the candlestick bars. I am looking for nice clear candlestick charts for forex. I appreciate the help

Hi,

www.Oanda.com provide good charting Free of charge. You can sign up for a non expiring demo account. Or you can join Fxcm.com for demo account, but the account expires in a month time. and you can get trading signals from www.forex-signals-4u.com

Hope the above helped.

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I have been reading about trading forex but I am unsure about the strategy I should be using. I have read about so many different strategies and they all claim to be the best and easiest. I was just wondering if anybody had any real experience trading forex that could recommend a good strategy to start out with.

If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.

Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours for your questions, doubts etc.

They also have chat channels where you can talk, exchange opinions and ideas with traders of your country or international traders.

To open your account please visit http://www.marketiva.com/index.ncre?gid=3371

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My forex broker has great charts so I can draw emas and trend lines enabling me to set price traps which simplify my enteries but have not found a comparable equities chart source which has limited my trading due to hesitation because of lack of solid set ups ,

I’m no expert on forex by any means.. but I did happen to run across a site a few weeks ago that I bookmarked.. I’m also interested in learning about forex so I took advantage of this site and downloaded the software and ebook courses.. lots of good info, all together around 10K worth of stuff..

I’ll put the link in the resource box so if you’re interested you can take a look.. really great info.

http://bestforextradingrobots.info/free

I realize i didn’t even come close to answering your question but I hope the link helps you out.

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Okay, so, currently I’m 18 and I’ve looked into different possibilities of how I could become a millionaire using the forex market as my vehicle. I have discovered that using 1:100 leverage or even 1:50 – 1:25 is a bad idea if you want to be safe about it, and using a more modest 1:10 leverage instead is best for my chances of success.

What I’ve also discovered is that the forex markets trends last months or even years. So, my plan is as follows:

1) Start with $1,000 in my new forex trading account.

2) Use 1:10 leverage always to reduce a lot of risk.

3) Use a stop-loss of all my trading capital in every trade.

4) Keep the minimum take-profits as long as its more than what my commissions would be.

5) Just follow monthly chart trends, i.e. if the trends gone up for the past year on a yearly chart, and it shows it in a monthly chart that its going up as well, just follow the trend up along with it and keep on going up until I think its going to stop going up by taking advatage of lots of small take profits along the way.

6) Be aware of economic news and reports.

Example:

Say the GBP/USD is trading at £1.0000-$1.5000, and I place a bet to buy GBP/USD at this price at a 1:10 leverage, or $15,000 worth of pounds, (£’s) and I set a take-profit of, say, $15 or 10 pips and a stop-loss of my whole $1,000 and and keep on doing this, taking profits by trend trading and make this same $15/day for the 6 days the FX market is open a week, or $90/week x 52 weeks = $4,680 in 1 year + my original $1,000 = a 568% return for one year.

After I have achieved my 568% for 1 year, reinvest all capital and get another 568% compounded on top of that. So, it works as follows:

year 1) $1,000 up 568% = $5,680

year 2) $5,680 up 568% = $32,262.40

year 3) $32,262.40 up 568% = $183,250.43

year 4) $183,250.43 up 568% = $1,040,862.40 = USD millionaire

year 5) $1,040,862.40 up 568% = $5,912,098.74 = USD multimillionaire and GBP multimillionaire, or £3,829,025.15.

What do you say here like? Could this plan work do you think?

You’re catching a falling knife. Just buy some gold and let it set for 5 years. That or short some bonds because interest rates are going up.

Don’t screw around in currencies… you’ll lose your ass.

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Hi there,

I learned most of the candle stick pattern and technical analysis only in youtube….. no where in India i can find this abundant information about the trading…. i trade in the domestic equity markets and commodity market…… the equity market has no relevant to the global market moves…. mostly the open gap up or down only is picked from the global market…….

But the commodity market like Gold, silver, copper, Nickel, Crude oil, etc…. are working exact tick by tick…. what ever be in the global market …. has the same reaction here in domestic markets too…

I am in search of some blog or a place where many people share their strategy, buy or sell about the commodity market …….. i found few about the FOREX in this http://www.freshpips.com/

It will really helpful…. to know some better place to learn about the real time buy or sell strategy.

With regards,

Gane

There is a membership video site for gold and silver, they report daily on gld and slv. http://goldsilvertradealerts.com

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Hi, the question states it all, I am new to trading at its definition and would like to get into it. And I was wondering if you guys could recommend to start besides the practice trades that they run as a promo right now. Thank you!

Bird Watching in Lion Country by Dirk Dutoit
reviewed here: http://www.financial-spread-betting.com/Bird-watching-in-lion-country-review.html

http://www.rapidforex.com/

http://www.traderssecretcode.com…

http://www.1forextrading.com/

http://forexmarketsuccess.com/forex-ebook/

Forex simulator:

http://www.expertworx.com/pm/Forex%20Market%20Educational%20Game.htm

Free Charts

http://www.dailyfx.com

Blogs

http://the-forex-trading.blogspot.com/

http://www.forexpeacearmy.com/

http://begginerslearnforex.blogspot.com/

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Profiting with Forex introduces investors to all the advantages of the global foreign exchange market and shows them how to capitalize on it. Readers will learn why forex is the perfect supplement to stock and bond investing; why it is unrivaled in terms of protection, profit potential, and ease of use; and how it can generate profits, whether the other markets are up of down.. .

Written by two leading forex experts, this complete investing resource uses basic economic principles, solid technical analysis, and lots of common sense to develop an arsenal of tools and techniques that will lead to winning results in the lucrative foreign exchange marketplace. Profiting with Forex includes everything that investors need to know about: . . The many advantages of the forex market: huge market size, ease of entry, profit potential, tax incentives, 24-hour trading, no commissions, increased leverage, and guaranteed stops. The basic terms of forex trading: definitions of important concepts, including “pip,” “currency pair,” “contract” or “lot,” and more. Genesis and growth of the forex market: how the forex market emerged out of a changing global financial landscape and continues to changes and adapt with that same volatile landscape. Fundamental factors that shape the Forex market: the U.S. government, inflation, the U.S. stock market, China and other emerging markets, oil, and breaking news. Fundamental tools for tracking Forex market changes: interest rates, Treasury International Capital Data, Consumer Price Index, SAndP 500, U.S. dollar vs. Chinese yuan, balance of trade, crude oil futures, and news media. Technical analysis tools and indicators for gauging market sentiment: movingaverages, oscillating indicators such as, stochastics, Commodity Channel Index, Relative Strength Index, Fibonacci analysis, and others. .

Filled with over 150 illustrations and figures, Profiting with Forex also shows investors how to combine their newly acquired knowledge of Forex fundamentals with proven trading techniques that can generate great rewards in the market.. .

(more…)

and provide some accountability from government to ALL peoples so that Sri Lanka does not rebound back into war?

http://sundaytimes.lk/100117/News/nws_01.html

The polls chief is stating that the security apparatus under the control of the Defense Secretary (a US citizen and Presidential brother) is impeding the process and denying the Election Commissioner adequate resources to do his job.

http://sundaytimes.lk/100117/News/nws_02.html

There has been large scale obstructions of postal voting

http://sundaytimes.lk/100117/News/nws_19.html

http://www.caffe.lk/Postal_voting_was_not_free_and_fair___CaFFE-5-1632.html

As well as clear signs of vote rigging of about a million votes – this item has come to the for several times from government sources attempting last ditch efforts to "add 1 million votes" through internet polling and through false issuance of voting cards.

http://www.lankatruth.com/index.php?option=com_content&view=article&id=4305:govt-prepares-for-vote-rigging-at-killinochchi&catid=35:local&Itemid=50

It is good to see that public outcry regarding the outflows of Forex has caused the Central Bank to revise their position.

http://sundaytimes.lk/100117/News/nws_12.html

http://www.lankatruth.com/index.php?option=com_content&view=article&id=4306:general-has-no-intention-of-dividing-the-motherland–mahanayake-of-malwatte-chapter&catid=35:local&Itemid=50

The responsibility of State Employees is to ensure that the the 17th Amendment is implemented so that you attain the rights to perform your job duties with modern levels of accountability where the Central Government is an active partner in constitutional protections instead of a dictating force against it.
There must be a restoration of law and respect of the law. We are in a stage that the due process of the 17th amendment is the saving grace of Sri Lanka. During times of conflict ordinary citizens and government employees had certain restrictions placed on them for the sake of national security and though national security is still a principle concern we must immediately take measures to ensure that the rights of citizens are not going to be continually trodden upon with National Security used as an excuse for government to harass citizens. Mahinda Rajapaksa had agreed to implement the 17th amendment to the constitution – being full aware that the the 13th amendment was a deemed a non-starter by the supreme court. Instead of doing so he has called for early elections and has had bands of thugs both involved in his government and imported into the country through his brothers invoke retaliatory tactics on the public.

http://transcurrents.com/tc/2010/01/post_480.html

Lake House seems to be getting continually rewarded for moving from media to transportation for breakiong the law.

http://www.island.lk/2010/01/17/news3.html

Though the Election Commissioner does not have punitive powers the Supreme Court does and the actions of the IGP and Media should be fast tracked to the courts.

http://transcurrents.com/tc/2010/01/post_480.html

The peoples of Colombo should know that if there are not protections for the citizens in outlying areas peacefully enacting their RIGHT of franchise then there will also not be such rights for Colombo. After 30 years of terrorism we must gather and put in place law and order based on constitutional law and procedures barring the at will practices the dictated government during past hostilities.
VOTE FOR CHANGE – CHANGE THAT WAS OVERWHEMINGLY APPROVED BY PARLIAMENT-CHANGE THAT WAS REFUSED BY SEVERAL ADMINISTRATIONS INCLUDING THE RAJAPAKSE REGIME TO ENFORCE A CRIMINAL GOVERNMENT-VOTE FOR CHANGE THAT WILL BRING SRI LANKA THE PROMISE OF A FUTURE WITHOUT ARMED BANDS OF THUGS BREAKING INTO YOUR HOMES AND KILLING YOUR FAMILIES IN THE NAME OF FALSE DEMOCRACY. SEND RAJAPAKSA HOME AND INITIATE THE RECOVERY AND RESTRUCTURING PERIOD THAT IS NEEDED BY ALL COUNTRIES AFTER WAR.
I am not a politician – I am a Stateswoman and a major landholder asking all the peoples of my country to attain constitutional justice by voting for change and an end to impunity. Recovering the constitutional rights guaranteed under the 17th amendment for adequate disclosures to the public of what is being initiated on their behalf will help guarantee that government will not abuse powers by illegally holding onto such and there will not be a return to the past wide scale violences that has left up to a hundred thousand of our fellow countrymen dead in the past 30 years – Rajapakse is daily speaking of traitors to the country without acknowledging that his actions are most treacherous by not implementing the constitutional rights that protect ALL citizens and not just perpetuating a fiasco . Rao should know that her name has come up in some inconsistent dealings at CPC.

http://www.expressbuzz.com/edition/story.aspx?Title=India+intends+to+play+greater+role+in+Lanka&artid=uoX4MGiR

Hm, Impressive. Looks like you are well over qualified for a job or position in the political arena. Good luck.

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Forex market is complicated but still challenging to get cash from there. It’s about how to trade in this market for long term.

If you’re a potential investment player who’d like to make it big in the business and financial world, then you go for forex trading. The FOREX, also known as the foreign exchange market is one of the largest financial markets in the world with and estimate of $1.5 trillion turn-overs every day. Here are a few strategies on how to make it big in the forex market.

Strategy One: Know your market. The best way to get advantage, earn profit and minimize losses is to familiarize yourself with the market and how the whole system works. In the forex market, the players are usually commercial banks, central banks and firms involved in foreign trade, investment funds, broker companies and other private individuals with large capital. With the speed and high liquidity of asset, most companies engage in this business than in any other trading venture. Transactions are done in a jiffy; there are no membership fees and there is always the allure and promise of big, big profit.

Trading is done in pairs. The most commonly traded currencies are usually the US Dollar, Japanese Yen, Euro, British Pound, Canadian Dollar, Australian Dollar and the Swiss Franc. The more commonly traded currency pairs are the US Dollar and the Japanese Yen, the Euro and the US Dollar, the Swiss Franc and the US Dollar. In Forex trading, everything is speculative and virtual. There is no actual product being sold or bought. The activity mostly consists of computed entries made on the value of one currency against another. Say for example, you can buy Euros with US Dollar, hoping that the Euro will increase it value. Once its value rises, you can sell the Euro again, thus earning you profit.

Strategy Two: Learn the language. There are three concepts you need to know in the currency market. Pips refer to the increase of one hundredth of a percent of the value of the currency pair you are trading. Usually each pip has a value of $10 or $1. Volume is the quantity or amount of money being traded at one particular time in the market. Buying is the acquisition of a particular currency. A trader buys with the hopes that the price of the currency will increase. Selling is putting a currency up for grabs in the market because of a potential or possibility of a decrease in its value. There are also two techniques of analysis usually used in this business – the fundamental and the technical analysis. Technical analysis is usually used by small and medium players. Here, the primary point of analysis revolves on the price. Fundamental analysis, on the other hand, is used by bigger companies and players with higher capital as it involves looking at the other factors affecting the value of a particular currency. In this type of analysis, the player also looks at the situation of the country, particularly issues like political stability, inflation rate, unemployment rate, and tax policies as these are seen to have an effect on the currency’s value.

Strategy Three: Develop a sound trading strategy. Your trading strategy would depend on what kind of trader you are. The basic thing with developing a trading strategy is to identify what kind of forex trader you are. A good trading strategy should lessen, if not, eliminate losses. Plan also the size of your transactions. It is better to conduct many different trades than one huge transaction. Not only does it develop discipline, but it also lessens any possible loss as only a fraction of the capital is affected. Part of a trading strategy is developing the values of discipline and proper money management.

Strategy Four: Practice. Try paper trading, a great way to practice your skills, see how the market works and get acquainted with the software and tools being used. There are online brokers who allow free paper trades, which allows practice and experience before doing it with real money.

Strategy Five: Choose the right forex dealer. Make sure that they are regulated by the law. Take not of dealers with investment schemes that give out too-good-to-be-true-just-false-hopes promises. Look at investment offers before getting started.

Forex trading may seem easy and manageable. But the emotional stress, the demands and challenges of being a forex trader requires more than just the knowledge of the market. It requires more than just a keen and sensible head for business. It’s all about a gameplan, a strategy.

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I have an interest in trading forex as I’m quite good at it. I have tried out easy-forex but don’t like their spreads as they are too wide, I have been practicing using FX Club and have made as much as 500%+ return in a month, but I’m not sure. I have even tried practicing spread betting forex and have made as much as 400%+.

I want to know if there is a better forex broker out there that is a good forex broker that lets you take advantage of up to date news, charts and is easy to use, doesn’t have spreads and charges commisions only. Also one thast can be used by a UK resident. All help would be much appreciated thanks.

Dude stay away,

you can lose 80% in one day just as easily.

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