Answer
What Determines Foreign Exchange (Currency) Rates
There are number of factors that contribute to changes in Forex rates. Below are some of them.

1. Interest rate movements
A rational investor will often look for the best place, in terms of returns, to park their money. If interest rates were high and outlook for the stock market is grim for example, then currency might be the better option (more attractive). Then, currency becomes more expensive due to the high demand..
Also, if you look at two countries. For example, the United States of America and Australia. Australia, at the present moment, has a higher interest rate than the US of A. Thus it makes more sense to park money here in Australia than in the US, thus earning a higher interest. Again, this will drive US Dollars down and push the Aussie Dollars up. This is what you call as⦠CARRY TRADE.

2. Central Banks Manipulation
A Central Bank can be a major player in the Forex market. It can buy and sell large sums of currencies to manipulate the market. There are many reasons to why central banks do this, but they will not be discussed here.
Bank Negara Malaysia was an influential player in the Forex market, to the point of getting a warning from Alan Greenspan, the then chairman of US Federal Reserve.
Also, referring to the 1st factor of interest rate movements, the central bank is the setter of interest rates.

3. Speculators/Traders
Pretty similar with above, the big players in the market like institutions or just people with heaps of money, they can influence Forex market movements by buying or selling large sums of currencies.

4. Unexpected News Announcements
Any unexpected political and economical news announcements can also cause movements in the Forex market.

5. Balance of Payments
Okay, this involves a few jargons like balance of payments, export, import, current accounts, deficits, and surpluses. Iâll just put them in an example.
Suppose a country is exporting goods & services more than it is importing, resulting in more money coming into the country. In this instance, the state of current account surplus is to be expected (letâs just assume that is in surplus). Large current account surplus will make the currency to appreciate.
Contrast this with a country that imports more than it exports (i.e. more money going out than coming in), in which current account deficits will exist (letâs just assume that it is in deficit). In this instance, the currency will depreciate.

All in all, we can conclude that at the end of the day, Forex rates are determined by supply and demand. If there is a high demand for a particular currency, it will appreciate. If there is a low demand for a particular currency, it will depreciate.

Which is better Technical or Fundamental Analysis in Forex?

Can Anybody tell me which is better analysis Technical or fundamental?Or there is any other way to predict about the Currencies/Forex Market?
what are uses of these analysis?are these worthless?

Answer
Either Technical or Fundamental analysis can be used in the forex market. Traders can make legitimate cases for either, and many will incorporate both into their strategy.

Fundamentals:
Traders using fundamentals look at the relative strength of each economy by reviewing economic information such as interest rates, GDP, employment, inflation, stock market healthm, etc. Traders/investors will move their money to the country where they can get the highest rate of return. And since you're trading in currency pairs, you want to trade the strongest currency versus the weakest currency when judging by the fundamentals. You can compare this to stocks. Everyone wants to buy the stock that has the brightest outlook, strongest growth, biggest profits, etc. The difference with currencies is that you're judging the countries economy instead of a companies balance sheet and growth outlook. Sure, political events will affect a currency, and so do management decisions...Steve Jobs at Apple, Ken Lay at Enron,etc.

Technicals: The same technical analysis used in the stock market can be used in the currency markets. In fact, some traders find it works better since there is less gapping in currencies. So you can use technical indicators, support, resistance, trendlines, candlesticks, etc.

Here are two resources to learn more about fundamental and technical analysis. I say it's best for you to learn both and use which one you find works best for your trading.

http://forexforums.dailyfx.com/free-video-forex-trading-course/

http://www.babypips.com/school/

Hi, i am technical analyst.. i have developed certain indicators that has 80% accuracy.. i want to start trading on higher level and for that i need a proper approach towards investors in various fields so that they can bank on my talent and allow me to trade for them. So since you are Boss how would you react it? I am looking forward to fix up some meetings and do you really think i can crack-up.. Do you think such talent needs to be given a chance. the indicators i have developed they require huge investments and great money management plan that i already have. So can you pls put your views on it and give me some tip for the scratch. thanks.

Answer
You will need credibility beyond your own self assessment. Current clients is one source. Writing a newsletter where you are on record with your strategy and it has worked out in time is also a good way. Back-testing is useful, if it is done with proper methods, but few people understand how to do it and how to prove it is not just "curve fitting."

Getting rich people to trust you with their money is primarily via word of mouth. This has it's risk for them, however. Think Bernie Madoff. If you have one among your clients, that's a good start. If you don't, there are ways to do it beyond the scope of this answer.

Answer
The Federal government warns there are a lot of Forex frauds out there, and these Forex software systems appear to be one type of these scams. If these software systems really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex software systems. The link below is a Federal website warning you about Forex fraud.

There are a lot of people on the Internet claiming they have done very well using Forex software systems. These appear to be of two types. One is the outright liars. You might meet a person called "Zboy227" who says "I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227." The "/Zboy227" tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.

There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a software system for a few days and have had some beginner's luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex software systems is positive.

I may point out that websites that sell Forex software systems admit there are a lot of scams out there. Of course they claim the other guy's system is a scam, but their software system works. If you do a web search on the words "forex software" and "scam" you will find a lot of sites saying their competitors are scams.

I will admit I have not personally tested every software system out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a software system without clear proof it really works.

Does all these Forex robots work that claims to be auto-traders work ?

If you did a search on all these Forex robots for sell .. they put up videos on how they made so much money thru Using their Robots for their Forex trades. Anyone has any REAL experience of using these robots and it actually works ? Does Auto-Trade for Forex really exist ?

Answer
The Federal government warns there are a lot of Forex frauds out there, and these Forex robots appear to be one type of these scams. If these robots really worked, there would be scads of articles about them in the Wall Street Journal and other financial publications talking about them. When I do a web search, I can not find a single reputable news article encouraging the use of Forex robots. The link below is a Federal website warning you about Forex fraud.

There are a lot of people on the Internet claiming they have done very well using Forex robots. These appear to be of two types. One is the outright liars. For instance, you might meet a person called "Zboy227" who says "I made a lot of money using ScamRobot2000, go to their website at ScamRobot .com/Zboy227." The "/Zboy227" tells the website that Zboy227 has referred you. If you buy the product, Zboy227 gets a commission. He is only lying to you to get a commission.

There is a lot of luck in Forex. Sometimes you will run into people on the web who have tried a robot for a few days and have had some beginner's luck with it. They start bragging about how well they have done. Later, they start to lose money, but they rarely get back on the web and talk about how much money they lost. People like to brag about their successes, but rarely talk about their losses. The result is that much of the feedback about these Forex robots is positive.

I may point out that websites that sell Forex robots admit there are a lot of scams out there. Of course they claim the other guy's robot is a scam, but their robot works. If you do a web search on the words "forex robot" and "scam" you will find a lot of sites saying their competitors are scams.

I will admit I have not personally tested every robot out there, and I can not prove they are all scams. But I would be very hesitant to spend a lot of money on a robot without clear proof it really works.

I want to sell Pak Rupee in 2012 for US$ at current rate,,,,,, is it possible to do that based on forward forex trading?

Answer
I have no idea. Check with Forex to see if you can trade this currency.

mutual funds, ETFs, Forex investment for longterm?

1. what are the advantages, disadvantages of each, inshort comparison?

2.i m from Pakistan, Arif habib investment is the group i wanna invest in with a SMALL AMOUNT, in mutual funds. He is also the president of Pakistan stock exchange. that i am sure is a plus point.

3.ETFs have to be handled by oneself. on the contrary i am a salaried person have no time to take care of my investment or buisness. so i need managers to look out for me. they have been working for the past 5 years. their minimum is 26% profit, max is 80% in 2002. the charges 1.5%. by long term i mean 5 or 10+ years.

4. how long would should an investment on average take to double in such a mutual fund?

5. can mutual funds in Asia sub-continent really meet inflation rate?

6. Are there other investment opportunities which one u think is best and why, for a person like me, ? i m looking forward to looooooooooooooooooong detailed answers. Thanx :)

Answer
ETFs are cheaper than mutual funds. ETFs have very low annual expenses, nearly 20 basis points or 0.2% less. As against this, actively managed mutual funds show average expenses exceeding 135 basis points (1.35%). This does not include the extra 2% - 5% as loads, 12(b)-1 marketing fees, transactions costs, and soft dollar expenses mutual funds, passed on to you but never informed, except in very fine print that nobody cares to read. ETFs have a lower turnover than most mutual funds. As ETFs do not require active management and hold nearly a steady stream of stocks, there is hardly any portfolio turnover.

Answer
Forex stands for Foreign Exchange and is a financial market.

The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-Forexâ¢).

Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.

Forex and what heck is it?

what the heck is currency pair and how the heck does it work?

Answer
Forex trading is basically buying one currency against another. Every currency has a code. For example:

U.S. Dollar = USD
Japanese Yen = JPY
Euro = EUR
British Pound = GBP

In order to execute a trade, you have to pick a pair. The most traded pair is the U.S Dollar/Euro pair (USD/EUR). And the way it works is if one currency of a pair goes up, the other currency goes down. And to make money you have to pick the currency that's going up. It's that simple.

The good thing about Forex trading compared to the stock market is that Forex is practically open 24 hours a day (except on the weekends). A good number of trading starts Monday 9:00 AM Japan time (which is Sunday 7:00 PM in New York) and continues throughout the week non-stop and ends the week about 5:00 PM New York time Friday night.

Compare that to the stock market, which is open 9:30 AM to 4:00 PM New York time Monday thru Friday.

I heard that there are some broker that can fund your account with some money to start trading with (may be $30 or $100 ). There are not giving bonus on your deposit but they fund your account from nothing,
The Greek.. Do you know FXDD , one of the famous broker in forex, it was giving $100 FREE for each real account few months ago . Just for your information.

Answer
I doubt that any reputable broker will be doing this as this does not make business sense..

Bonus tends to create stickyness to the broker as a customers but free money may just prompt folks to hit and run!

All the best.

If you are new to forex trading, i will like to recommend you read at my blog for newbies to FX.

forex company that gives free real money BONUS without deposit in real account...?

Answer
Any company doing that will not be in business very long.

The "bonus" may be an incentive for opening an account with a certain minimum deposit - that is the only way I see this happening.

Other than that, it would likely be a scam of some sort.

Answer
The forex market works as a financial instrument to act as medium with which international trade is actioned.

The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another. It is by far the largest financial market in the world, and includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions. The average daily trade in the global forex and related markets currently is over US$ 3 trillion. As such, it has been referred to as the market closest to the ideal perfect competition.

Unlike a stock market, where all participants have access to the same prices, the forex market is divided into levels of access. At the top is the inter-bank market, which is made up of the largest investment banking firms. Within the inter-bank market, spreads, which are the difference between the bid and ask prices, are razor sharp and usually unavailable, and not known to players outside the inner circle. As you descend the levels of access, the difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). This is due to volume. If a trader can guarantee large numbers of transactions for large amounts, they can demand a smaller difference between the bid and ask price, which is referred to as a better spread. The levels of access that make up the forex market are determined by the size of the âlineâ (the amount of money with which they are trading). The top-tier inter-bank market accounts for 53% of all transactions. After that there are usually smaller investment banks, followed by large multi-national corporations (which need to hedge risk and pay employees in different countries), large hedge funds, and even some of the retail forex market makers. According to Galati and Melvin, âPension funds, insurance companies, mutual funds, and other institutional investors have played an increasingly important role in financial markets in general, and in FX markets in particular, since the early 2000s.â (2004) In addition, he notes, âHedge funds have grown markedly over the 2001â2004 period in terms of both number and overall sizeâ Central banks also participate in the forex market to align currencies to their economic needs.

There is no unified or centrally cleared market for the majority of FX trades, and there is very little cross-border regulation. Due to the over-the-counter (OTC) nature of currency markets, there are rather a number of interconnected marketplaces, where different currency instruments are traded. This implies that there is not a single dollar rate but rather a number of different rates (prices), depending on what bank or market maker is trading. In practice the rates are often very close, otherwise they could be exploited by arbitrageurs instantaneously. A joint venture of the Chicago Mercantile Exchange and Reuters, called FxMarketSpace opened in 2007 and aspires to the role of a central market clearing mechanism.

Although exchange rates are affected by many factors, in the end, currency prices are a result of supply and demand forces. The world's currency markets can be viewed as a huge melting pot: in a large and ever-changing mix of current events, supply and demand factors are constantly shifting, and the price of one currency in relation to another shifts accordingly. No other market encompasses (and distills) as much of what is going on in the world at any given time as foreign exchange.

Supply and demand for any given currency, and thus its value, are not influenced by any single element, but rather by several. These elements generally fall into three categories: economic factors, political conditions and market psychology.

How much would a spread of 1 pip cost me?

If the forex broker asks for 1 pip spread for EUR/USD how much would that cost me?
EUR/USD spread = 1.0

Answer
a pip is slang for a percentage in point or basis points which = 1/100

If the EUR/USD was 1.0, that would mean the spread (in EUR) = 0.0001. It's usually to the 4th decimal place unless your trading USD/JPY.

Therefore, your spread (assuming a lot of 100,000 EUR) = 100,000 x 0.0001 = 10 Eur

My much gold can I buy for $600? How much would gold need to be for me to make $100 - double in profit??? Serious replies only and thanks in advance for all who answer. Remember best answer is 10 points.
Please include details and exact figures.

Answer
It depends how much you want to risk.
If you want to go for 1/50 or 1/100 or 1/200.
In that case you need to see the gold in the price of 1002.
But first you have to study FOREX. There is a big risk out there.
Subscribe to my source and then check the scenario to calculate the profits in accordance with the gold price (XAU-USD).

How to invest in Gold ?

I am planning to invest some percentage of my savings into Gold.
1. How do I learn more about investing in Gold? What are the sites and procedures to make Gold investments?
2. Should I buy Gold (bars/coins etc) or invest in Gold funds?
3. Typically what percentage of your portfolio would you invest in Gold if you were to?
4. Are there any tax liabilities/exemptions from investing in Gold?

Answer
1.As someone who follows commodities along with all other markets, I have learned a lot from the commodities section of bloomberg.com. Remember, while gold has unique properties among commodities, all else equal, commodities tend to outperform during periods of high inflation, i.e. demand for goods that outpaces supply of identical or substitute goods-more currency chasing fewer and fewer goods. If you are interested in trading the commodity, then lind-waldock is one common commodities broker that many people use, but if you are simply interested in synthetically trading gold as you would a stock then you could do that as an ETF, IAU or GLD, with any discount or full service brokerage house. Personally I trade gold on a forex account under the name XAU/USD (NOT to be confused with the XAU-Philadelphia gold/silver index).

2. If you foresaw a major economic crises in which brokers/banks were to fail, then you might consider the hard asset-but then you must take into account the risks and costs of storage. Coins, as with any retail instrument, tend to go at a premium, but the IRS also allows you to purchase US Treasury coins in an Individual Retirement Account, if that is a concern (qualified IRA investments tend to be restricted as you may know). Gold funds can define a wide variety of things-and the ETF's I mentioned offer a great way to synthetically buy/sell the asset. Many mutual funds that may be known as precious metal or gold funds simply invest in a portfolio of gold/precious metal companies-which will not always track the asset to the tee-in finacial terms, your benchmark error is going to be higher than it would be with an index or ETF.

3. In order to answer this, one would have to know much more. A blogger above answered that commodities are extremely volatile, which is true. If you are simply planning to passively invest in this because you feel that the global economy is still expanding and will be expanding for a long period of time with inflation then enjoy, but make sure you have a valid reason for your views. Maybe you agree if you think that the government of the US will not do anything to support the dollar? Or that China will continue to grow inencumbered even after the Olympics? Remember, markets tend to be efficient over a longer time frame and for every buyer there is a seller who feels opposite of what you do. If you are interested in capital preservation then keep your allocation small-if you are interested in risk or have a trader-like mentality, i.e. not an investor, then you may want to risk more. Be careful.

4.Gold, as with almost any other asset, is taxed as a capital gain/loss on a Schedule D when the asset is sold, so naturally holding for a year or less would subject you to a higher tax rate-short-term, than if you held it for longer than a year-long term.

All of the above topics could have much longer explanations, so if you would like me to clarify anything don't hesitate to ask. Happy investing.

Answer
that depends on country to country. Usually Forex traders receive a significant tax advantage over securities traders under Section 1256: reporting capital gains on IRS Form 6781 (Gains and Losses from Section 1256 Contracts and Straddles) allows you to split your capital gains on Schedule D, with 60% taxed at the lower long-term capital gains rate (currently 15%) and 40% at the ordinary or short-term capital gains rate of up to 35%. That combined rate of 23% amounts to a 12% advantage over the ordinary (or short-term) rate.

Tax reporting for Forex traders can be rather complicated. Even the IRS does not yet have a clear process. It is best to contact a tax expert who specializes in Forex issues.

Finexo is best for saving high capital Gains

Do you have to file taxes on capital gains when trading Foreign Currencies(FOREX)?

If so how?

Do you need to pay taxes annualy based on gains and losses according to your account balance, or do you only pay taxes on gains when you withdraw the money from the account?

Answer
You do not pay according to either your account balance or when you withdraw money from the bank. You will pay according to the gain or loss on your transactions.

You can choose to have your gains and losses treated as ordinary gains and losses (IRC Section 988). This is the default treatment.

Alternately, you can choose to have your transactions treated as commodity exchanges (IRC Section 1256). This results in a 60-40 split in gains between long-term and short-term capital gains treatment. The Section 1256 treatment is more beneficial for gains.

If you choose the commodity option, you figure your gains and losses using Form 6781 which is then transferred to Schedule D. See the source for a beginning reference regarding this topic.

I was looking at two things, one seems to be a trading system on autopilot, the other a robot. I still don't know the difference... sorry newbie here

One is

http://warrenforren.org/2009/01/17/forex-ambush/
the other is:
http://warrenforren.org/2009/01/17/3/

I am nervous about a robot doing anything with my money. Thoughts?

Answer
tommyfourth, A great forex system means you need to constantly have high probability trades. You also need to be aware of all the currency pairs in real time. Maybe this blog can help. http://www.whatisforextrading.com/blog/ Remember, no trading will be fool proof, so be cautios about the claims some trading systems make.

How do I choose a forex trading system?

I am new to the forex market and am looking for a good trading system that actually works. Can someone point me in the right direction please?

Answer
Forex market or Foreign Currency Exchange market is one of the biggest trading market in the world with over USD 1.3 Trillion traded in a day. It is drawing attention ever since it is open to Online trading. Forex trading can be very profitable if you take your time to do a proper research, understanding various options and choose a system that works for you. The most used Forex trading system may not be the most suitable for your needs.

There are many different kinds of Forex Trading Systems and you need to know a few facts as mentioned below, before choosing and funding a system.

1. Testimonials: Is there anyone out there who is trying to sell a system and show you testimonials from the people who actually didn't like the system? Highly unlikely. You should do proper research before indulging into a system that is completely new to you.

2. Impression: Do not be over impressed from high percentage of winning forex trades because a 90-95% winning trades with with average value $10 gets you $900. If you have 10% losing trade and unfortunately average losing trade is $200, then your account is reduced by $2000. This is an explanation that people often tend to ignore while doing Forex Trading or any trading in general.

3. Profit: Do you want to work with a Forex Trading system that breaks even? Why? If you keep the money in your home, you will still break even, then why take all the hassles of setting up an Forex Trading account and do all the work. Really speaking, you should always do some research on how profitable a particular trading system is?

4. Drawdown: The maximum drawdown of trading system is defined as the greatest peak-to-valley drawdown in a trading systemâs equity. Maximum drawdown gives us a measure of the survivability of the trading system.

5. Time to profit: The actual time it takes to achieve the results with a particular trading system. You should plan to have a long and profitable relationship with your trading system.

Try to use a trading system that let you open a Demo account so that you can practice and learn about Forex Trading without risking any money.

I have tried many of these systems in my quest to simplify my trading experience. I personally have found FreedomRocks to be the system that has worked for me. I have found no bad information on this system from anybody that has actually used it. I have found many skeptics and bashers but nothing from those that have actually tried at least the free trial they offer.

Below are a couple of links that may that I have found in my travels around the web:
http://www.yourforexinvestor.com
http://www.babypips.com

To your success,
Brandon Wells
bjwells@yourforexinvestor.com
877-773-5345

I am interested in learning this however there are so many different options to choose from. I would like to know what works and what are you opinions.

Answer
No.

The reason is simple: No serious vendor would offer Forex Trading Systems.

Here's why:

Though they call it the "Foreign Exchange" there is no exchange. Prices are NOT regulated or standardized as they are in the futures markets. In fact, when trading Forex you are trading against the broker and not against other traders.That's why they can "guarantee fills".

You are trading against the house, and the broker takes the other side of the trade. Keep in mind that you receive the forex quotes from your broker, and he can basically display any price.

Take a look at the following Forex quotes. All three screenshots were takes on Tuesday, March 21st at 3:30pm US Central Time.
I used three different websites to obtain the quotes:
** (I can't post graphics here. Please visit http://rockwelltrading.helpserve.com/index.php?_m=knowledgebase&_a=viewarticle&kbarticleid=42&nav=0 to see the graphics).**

Take a look at today's high of the USD/EUR currency pair:

* The first data source reports it at 1.2164.
* The second dat source shows 1.21595 and
* The third data source reports a high of 1.2166

That's a difference of 6.5 ticks (= $65!!!).

As you know, all indicators and trading rules are based on the following five data:

* Open,
* High,
* Low,
* Close
* Volume

There is no volume information available when trading Forex, so you're already limited when creating a trading system.
And then there's the difference between the data sources, which causes the following problems:

* False Signals
If your trading system is based on the high of the previous day, you would have to enter the market tomorrow at
.... uhm.... 1.2164? ..... or 1.21595? ..... or 1.2166? ..... or maybe something completely different?
* False Fills
Let's say your trading system gave you a signal to enter the market today at 1.2160.
If you'd be using broker No.2 you would have been filled, but what about Broker 1 and 3?
Probably no fill there.

Do you see the problem?

How can a serious vendor offer a trading system, if you get false signals and false fills?

What Is The Best Forex Trading Strategy?

I am in complete information overload and looking to find recommendations from experienced traders.
Please do answer, I am looking forward to some pro Forex traders. If you are trading Forex for a living it would be awesome to here your advice. Please help and give good info.

Answer
I can really relate to you as this reminds me of the time when
I started Forex Trading. See, Forex Trading is not all it is cracked up
to be.
All the brokers are advertising this quick money making skim,
open an account with $50 and make big money and other stuff that's
not true.
My advice is to find a good Forex forum or group that teaches
Forex newbies. I know a lot of people that are Forex indicators
worshipers, but I don't pay much attention to all that hype.
Most of the times indicators are just used by the broker as a
training tool or just to fill up their Forex training section.
In reality most of the indicators are lugging and are not
timely on the market.
Your Forex broker loves them as the indicators make you
pretty predictable. For example let's say the Forex broker is
propagating a indicator. This indicator is calling for buying
or selling when such and such lines are crossing. The indicator
is also calling shorts when the lines are crossing backwards.
This makes you very predictable and helps the broker to
execute in the opposite direction.
By the way it is not a secret, that the broker sits on the opposite
side of your trade, especially if the broker is not a ECN broker
and is not a price maker.
Forex Market is huge, but for a retail Forex Trader like yourself,
the market is only as big as your broker.
One more thing to be very careful is not to trade the news.
A lot of those Scam Forex Brokers are widening the spread
during news times. You will be surprised, but some of them
are going as far as 90pips spread. See, the broker looses
control during the news trading due to very high volumes
and the only way to control is to take you out of the game
with a wide spread.
I have even seen my stops taken before my entry, now that's
a roller coaster Forex.
The best Forex trading strategy for me is a Price Action Forex
strategy. Forex Support and Resistance strategy, Fibonacci Forex
strategy, Big Numbers Areas Forex Strategy.
For a Forex newbie, since I get asked a lot, I have found this
program to be pretty effective.
In any case take all the advice you can and good luck with your
Forex trading.