Trading Forex: With 100's of different Forex Brokers operating throughout the world, it is a daunting task trying to select the right one to suit your trading needs. Often new forex traders do not realize that they have made the wrong decision in this regard, effectively losing themselves their capital before making a single trade. Do not let this happen to you, do ample research on any prospective broker you may choose. Come partake in the Forex Broker Discussion area so that you may arm yourself with the proper knowledge when selecting an FX Broker.
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We here at Forex Forums offer all levels of traders the best possible environment to make you the best Forex trader you can be. This applies to Forex strategies, software and even hardware. Ask the experts on the forums before investing time and money into anything you feel could be done better or less expensive. Arm yourself with the knowledge to succeed from the very start!
It’s no secret that most American Forex Traders were “hoping” for a “change” in leadership in Washington since 2009′s Dodd-Frank Reform Act came into effect, limiting our freedom and profitability. Now that President Barack Hussein Obama’s second term is all but certain, what does this mean for the regulatory environment already stifling retail currency traders [...]
Harmonic Pattern Trading is an intermediate strategy that involves seeking out patterns in price history that may indicate an impending reversal. Harmonic Patterns include Bat, Gartley, Crab, ABCD and a few others that form and quite often precipitate an retracement or outright reversal in trend. We have quite a few discussions outlining this method and [...]
The Dodd-Frank consumer protection act had sweeping and far ranging changes in the ways Big Banks deal with the public and have had a great number of beneficial effects that do indeed help the consumer and the American economic system survive. An untintended side effect that the Dodd-Frank Act had was to limit the amount [...]
A member brought up in this discussion that there is a clear delineation between what we do as over the counter (OTC) Foreign Currency Traders, and what stock traders, brokers, and other dealers do. Inevitably, we are in fact our own fund managers that deposit our capital into a “broker” who is merely a virtual [...]
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