FOREX FORUMS FOR BEGINNERS Section

[adam2011]

Heya guys! I'm new on here too. Hoping to learn a thing or two from interacting with you guys. Cheers!

Welcome to Forex Forums, ask what you need to learn and I will try to answer you.

[adam2011]

Hey! How are y'all doing? I was wondering if I could get some tips on Bollinger Bands? What are the parameters for the different timeframes?

This might help you since I have no experience wih that

http://www.bollingerbands.com/services/bb/

[scottiepipn]

I think Kathy Lien uses bollinger bands in her analysis, you might wanna check out what parameters she sets.

[akintobivictor]

good day, i'm confused about which brokers to use and how to go about choosing one. Pls kindly help me out.

[KathlenN]

good day, i'm confused about which brokers to use and how to go about choosing one. Pls kindly help me out.

If your a newbie in forex. I suggest you try Demo Accts first. And see if your comfortable dealing with the broker, that's what matters most. You can try using a Demo with Lucrorfx, New Zealand brokerage. Its risks free. An MT4 platform might work for you.

[Mike]

Hey! How are y'all doing? I was wondering if I could get some tips on Bollinger Bands? What are the parameters for the different timeframes?

You can run a search near the top of the forum for BOLLINGER BANDS, its been brought up a lot and we'd love to have you add to some discussions, feel free to ask away.

Heya guys! I'm new on here too. Hoping to learn a thing or two from interacting with you guys. Cheers!

Welcome to Forex Forums, feel free to ask any question that crosses your mind about Forex, we insist.

[Mike]

good day, i'm confused about which brokers to use and how to go about choosing one. Pls kindly help me out.

Check out www.forexbrokercomparisons.com that lets your sort and compare many brokers based on most of the things you might want to concentrate on most, like Leverage, Minimum Deposit, Government Regulation, Country of Origin, Date in Existence and more.

[stuartalex2]

Hello, thanks for visiting our Beginners' Forum @ ForexForums.com

As the title implies, this area is for beginners to Forex or newbies to particular aspects of Forex to ask questions without feeling embarassed. No question is too stupid when it comes to losing or making money!

Please do not post advertisements in this part of ForexForums, they are reserved in their own section or think of becomming a sponsor!


I closely monitor responses to questions and at the end of each month I give out a prize to the most useful response to any post and will gain the winner 1000 points for this board (a $10 value). That's pretty much it, enjoy your stay and I hope you can find out the answers to all your questions.

I am new in this site .I want to know more about forex trading.Could you please help me about fxdialogue?I heard this name before but i am not clear about it.So please help me.

[Jeffnovicetrade]

Just remember that the rule of thumb is to trade at a volume of 1 mini lot per $5,000. If you spread yourself any thinner than that, you are gambling instead of trading. So do not open a standard account with less than $100,000, no matter what your broker allows you to do.

I'm sorry for the Numbhead question but what's a - 1 mini lot - ?

[latinfx]

I really hate bollinger bands.

[yoseph]

Hi everyone, please, somebody reply me, possible to rely on advisors and signals?

[highstocks]

Free updates on the latest news and stock picks on the market! Get
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[robwill]

This message is to anyone new to Forex.

Be so very careful. It is almost a certainty that without a good knowledge of all aspects of Forex trading that you will lose all your capital very quickly. I talk from experience.

Before you even think about trading for real with real money, go onto the internet and read all the freely available information about Forex trading.

When you have a good knowledge base, then open up a free demo account with a Broker, and trade like that until you are 100% confident that you have the patience and discipline to use real money.

After many failures, I took a four week online course on trading Forex. This course teaches a unique way to trade which is safe, stress free and profitable. It is not a get rich quick scheme, it shows how to safely compound your capital so that in time, you can be financially independent of any job.

The biggest part of this training is learning how to develop the right mindset for trading. You must develop patience and discipline or you might as well give up now. This may sound easy, believe me it is not.

I wrote a web-page telling of my experiences taking this course, and how I have progressed. www.forextradingbasics.co.uk

From this page you can get a free e-book which gives masses of information about Forex trading. There is no hype or promises of getting rich, just good solid information on the pitfalls and dangers of Forex if you are not fully prepared. It is a great free resource, well worth having.

The Broker that I use is one of the best. They are honest, have small spreads, give instant submission of trades and have some of the biggest financial backup in the industry.

They have a demo account where you can trade exactly as if you were trading for real, but without risking a penny of your own money. www.oanda.com

If you click on register, then click on register for FXTrade practise account, you will be ready to go.

I hope that I have been of help, please do be very careful with Forex, understand completely what you are getting into before risking your capital, 95% of people who start in Forex lose all their capital within three months.

Robert.

[Dakota]

Welcome @JayKinFX ...
I'm in the middle of a review for a Forex Educational material which at this point appears to be extremely good. Well put together with step by step detailed explanations. I promised I wouldn't pass out the name of the program until he has launched and my review has been printed. As soon as I get the word I'll gladly pass it on to you and you make your own decision. It is very over packed with excellent, excellent tutorials and live trading examples.
I highly recommend you educate yourself in Forex as much as possible prior to any trading. Good Luck!

[reja81]

Hey, everyone!
I'm new here and came to gain new knowledge.
Did anybody hear anything about Anna Monti and her forex freebot ? There are a lot of stuff in the web but nothing specific at the same time.
waiting for reply

[R. N. Cumbuss]

Hello, traders

Looking for trading partners to help test out some trading theories for about 6 months. These theories are back to basic theories and nothing fancy and they are based upon pivot and fibonacci results. Ideal for that working person who does not have time to do any analyses for a while

Below is how it will play out:

FOREX – Information Sharing Among Contemporaries
Short-Term Swing Trading



Date: 19 June 2011
U.S. - Central Standard - Time: 3:37:25 AM

SET-UPS

Sunday Through Wednesday

Direction Pair Entry Exit Stop Trailing Stop

No Trades No Trades No Trades No Trades No Trades No Trades





How to Attach Trailing Stops to Positions

If your pair has only four places behind the decimal point, you want a 15-pip trailing-stop attached to your trade. However, if your pair has five places behind the decimal point, you need a 150 pip trailing-stop attached to your trade. There will be a “X” in the trailing stop box if I recommend a trailing stop, but you can always decide on your own whether you want to attach a trailing stop or not.

Types of Accounts for This Shared Information

Always test this information in a demo account for about a month, and then trade in a live micro account. Also, do not act on this information if it is more than 1 hour old because outdated information can prove to be disastrous.

Trade Set Up

Set an expiration time and date for 23 hours from the trade set-up.

Ideally we like our activated trades to wrap within 24, but unfortunately in recent months this is not the case because the momentum is much slower.

Days That I Do Not Trade

I do not trade on the Friday of non-farm payroll. In addition I do not trade the four business days before non-farm payroll. I take a holiday and organize my research.

If you notice, I do not trade any Fridays in an attempt to avoid weekend trades. My first trade of the week is Sunday evening and my last trade of the week is Wednesday evening. Again, that is my holiday to distress from trading.

Hybrid Trader

I’m what many categorize as a hybrid trader. I use both technical and fundamental disciplines. So my trades are based upon mathematical calculations but also on geopolitical events.


If interested send e-mail to: [email protected]

[SUNFOREX]

Hello, thanks for visiting our Beginners' Forum @ ForexForums.com

As the title implies, this area is for beginners to Forex or newbies to particular aspects of Forex to ask questions without feeling embarassed. No question is too stupid when it comes to losing or making money!

Please do not post advertisements in this part of ForexForums, they are reserved in their own section or think of becomming a sponsor!


I closely monitor responses to questions and at the end of each month I give out a prize to the most useful response to any post and will gain the winner 1000 points for this board (a $10 value). That's pretty much it, enjoy your stay and I hope you can find out the answers to all your questions.

Hi ! I am Pankaj from New Delhi , India. I do EUR / USD pair . Today Finance ministers of Euro States going to meet and tomorrow French and German premiers going to meet . What do you advise whether Euro will move up or go down even if IMF gives EURO 12 billion to Greece as part of last bailout package ?
Right now I am short on EURO / USD pair.

[SUNFOREX]

Hello, thanks for visiting our Beginners' Forum @ ForexForums.com

As the title implies, this area is for beginners to Forex or newbies to particular aspects of Forex to ask questions without feeling embarassed. No question is too stupid when it comes to losing or making money!

Please do not post advertisements in this part of ForexForums, they are reserved in their own section or think of becomming a sponsor!


I closely monitor responses to questions and at the end of each month I give out a prize to the most useful response to any post and will gain the winner 1000 points for this board (a $10 value). That's pretty much it, enjoy your stay and I hope you can find out the answers to all your questions.

Hi ! I am Pankaj from New Delhi, India . I trade EUR/USD pair . Today Finance Ministers of EURO States going to meet and tomorrow French and German premiers going to meet . How do you advise whether the pair will move up or go down inspite of IMF gives Euro 12 billion to Greece ? Right now I am on short on the pair . Greec factor will drag down the pair . It's my personal thinking . Am I right or not ?

[rokit88]

Ik ga lekker rondkijken op de site ziet er veelbelovend uit!

[udgqwe424]

I think this is really a very useful discussion.