Comments on: Course on Forex Trading

By: smklakken

smklakken — Sat, 06 Jun 2009 15:12:20 +0000

Excellent explanation of Fibonacci

By: Symonds

Symonds — Sat, 06 Jun 2009 09:15:59 +0000

My Top 3 Forex Trading book(s)
* 'Forex Made Easy' – James D.
* 'Forex Revolution' – Peter Rosenstreich
* 'New Trading Dimensions' – Bill M Williams

Combine these with an online forex trading platform like Forex Tracer and you're good to go. Start small, be realistic and have a monetary goal. Of course, a level of experience and mentoring is critical as well to your success.

Know that forex trading is risky but is also very profitable. Nothing ventured nothing gained. It's easy to get started with a demo account that 'simulates' real world forex trading, so you can learn the ropes from there and move on to actual trading. It's really not as hard as you think.

By: leveragefx

leveragefx — Fri, 05 Jun 2009 19:11:01 +0000

That’s easy. We use our trend identification tools FX Multimap which shows statistical strength/weakness and also FX Power Index which shows % of currencies that support buying/selling.

IF on the pullback to the fib level there is not much weakness on these tools and the previous move up had HUGE strength then we look at the 38 to 50% fib level to buy and the EXACT entry is when trendline over the highs gets broken! Reverse for shorts. Call us and I’ll give you a week of our classes free.

By: sbusz

sbusz — Fri, 05 Jun 2009 07:33:41 +0000

nice tutorial. liked how you kept it simple so even a noob like me can understand

By: Nick Name

Nick Name — Fri, 05 Jun 2009 07:29:58 +0000

forex trading free resources on:

http://umgarticles.atspace.com/forex-trading.htm

By: cherylish1

cherylish1 — Fri, 05 Jun 2009 03:25:42 +0000

impressive….I want to learn more. This is a great video- well done easy to understand & you keep it simple- thank you!!

By: yusofhardy

yusofhardy — Thu, 04 Jun 2009 18:55:50 +0000

How do you differentiate between retracement and reversal?

By: Irish Ed

Irish Ed — Thu, 04 Jun 2009 18:19:43 +0000

I would have to recommend http://www.fxcm.com. I started using them a few years ago and they get better all the time. They have free advice plus free and pay courses. I found that everything that I needed was given for free on their web site. Charts, Trading station, webinars, classes all for free, plus you can open a micro account when you are ready for as little as $25. I have tried alot of systems and they have been the best I have seen so far. Good luck

By: __A_YAHOO_USER__

__A_YAHOO_USER__ — Thu, 04 Jun 2009 14:55:01 +0000

Hamina,

You can save your money and teach yourself Forex trading. HOWEVER, save yourself money (i.e. do not lose money) by trading a DEMO account while you are learning. There are also some very basic principles that you must learn and follow. You can find a lot of materials in books or online. You may start with this website: Forex Pips and Tips (http://www.forex.kingeshop.com/). Never rush into live trading. Read, practice until you are ready and then you will be fine.

If you have any question, do not hesitate to drop me a line.

Good luck!

Mark

By: JudiBeaver

JudiBeaver — Thu, 04 Jun 2009 10:06:00 +0000

Your video is really informative and your explanation of Fibonaccis is excellent.