New Comer

hector99b6 · 03-14-2007, 05:49 PM

Hello, I am a new Forex trader. A month ago, I started to trade using a demo account. I want to move to real money account. And want to learn about currency trading and foreign exchange. Please send me your tips, and it will be great help if you can provide me the necessary training or material that is good enough for me to study on my own advices, or any recommendations and books to read before I start. Thank you again

allen_fred5 · 03-15-2007, 04:06 PM

Well it’s really good that you want to learn currency trading and foreign exchange You will need to learn things like reading Forex charts and forex chart patterns, Fibonacci studies, Forex trendline analysis and other indicators. There are many forex trading systems and techniques you should learn and understand to help you be a better and more profitable Forex trader. I like sites like forexboost, babypips, tradingmarkets and others. You will learn how to trade currency pairs for the US Dollar, Euro, Yen, British Pound and others. You can start generating an income while you learn all the tools you need to be a successful foreign currency exchange trader.

hector99b6 · 03-15-2007, 06:38 PM

Thanks for the information. I found very useful information in the e-book “Trading Machine” by Avi Frister. Very informative and I think best for the beginners.
Thanks again.

Trader4x · 03-28-2007, 09:07 PM

I have been lurking for a while. Some good info here, lately started using a signal program that is doing well, and thought I would share. Happy trading everyone.

liedeke · 05-02-2007, 04:35 AM

Hi All
I am a newbie.
I have a question for Allen Fred5
Were can i learn the technicals such as charting etc........

Thanks
liedeke

RebateFX.com · 09-03-2007, 12:13 PM

Quote:

Originally Posted by liedeke

Hi All
I am a newbie.
I have a question for Allen Fred5
Were can i learn the technicals such as charting etc........

Thanks
liedeke

Hi

http://www.babypips.com is a very good place to start learning the technicals. You might also like to visit http://advisor.fxstreet.com and read Tony Juste's blog. He also holds a daily free webminar which can teach you a lot.

Best of luck in your future trades.

piphunt · 12-06-2007, 11:26 AM

Quote:

Originally Posted by hector99b6

Thanks for the information. I found very useful information in the e-book “Trading Machine” by Avi Frister. Very informative and I think best for the beginners.
Thanks again.

How about the book trading in the zone by Mark Douglas? Have you read that book? I heard it's a good one..