Trading Forex doesn't have to be complicated. In fact, it's best to keep things as simple as possible. That's why price action trading was a great fit for me and is becoming more popular every day. This community exists to discuss Forex price action trading to include, price action strategies, key market levels, trade setups or anything else related to price action trading. Feel free to join the conversation!
[FOREX] Now that the RUB is high, should I invest them in the EUR/RUB?
Hey guys. I am new to trading, and one thing that fascinates me the most is how Currencies fluctuate easily depending on the current situation of each country, diplomacy between each country, etc. Right now, Byelorrusia is the most spoken country in the news, and with Russia supporting the elected Lukashenko, the Russian Ruble went up as the Western Countries are against Lukashenko. What was normally 70-80 Rubles, now is at 89 Rubles. But, with the ease of tensions and with the possible Success of the Russian Vaccine against the Coronavirus, the Russian Ruble will certainly gain value. With this information, is it worthy to invest in the EURUB Forex? What is your opinion? EDIT: The Title should be: Now that the RUB is high, should I invest in the EURUB? Don't know why I put the them in there :P
I got into stock trading but want to try out forex now
Hey I got into stock trading a few months ago and I am doing okay with it but the thing is I work all day, so I cant really trade during the day.. I actually like trading stuff to get profits.. I heard forex trades 24 hrs aday so it would be fun to do some trading after work.. How much money would I need to invest to say get 50-100 dollars of profit(if I somehow luck out and win) thanks for the read
After much consideration, we have moved forward with getting our own discord channel. This is the handiwork of u/finance_student, so hats off to him, and thank you for making this happen. We have moved away from the Tradingview chat because we had no mod rights there, and it was an open door that got filled with people we weren't wanting to talk to. You'll need to register for a Discord account. Be aware that it is as heavily moderated as Forex.... so be cautious what you post there =)
Hello fellow forex traders! It is that aspiring 16 year old trader/entrepreneur again with just a question out of curiosity. I really am considering making a career out of forex now after all that I have seen, so I need to know this.
The help I received the other day was tremendous and my friends and I are benefiting greatly and having fun as we begin practice trading and learning (I can't thank you guys enough), but I have got to know, has forex made any of you guys "self-made men" or at least provided your entire income? Do tell. :) On a side note. I made about 300 bucks last night off of the yen since it was rising so much and a friend of mine made a big risk and made 18000 on his demo account with yen as well. :)
I was like many of you. Searching stocks premarket ... Trying to find the one that would explode. Only once have I been lucky in 5 months. I got into forex. Now I'm setting daily targets of 50 on Monday and up by 10 per day every day I can hit target. If I can't hit target i lower it by $10 the next day. In 3 wks I've been able to grow my account by over $200 so far. And that's only on a $1k account. I'm now moving more capital over to forex.com from E-Trade. . Anyone else on similar findings ?
hi guys.. i’m actually 17 about to turn 18 in a few months, for about 6 months now i have been putting in hours and days learning forex trading and everything in between. when i’m 18 i get 10k to play with for forex. now my question is should i spread the 10 all over different brokers or one account with 10k in it. Also since i’m at my step fathers place i don’t have topay anything like expenses, rent, etc etc, i want to be able to move out around 21 years old achieving this thru forex profits is the ideal scenario. I think this is very possible... what do you guys think? what should be realistic expectations?
Screener service to view volume of currency pairs?
Is there a monthly subscription service that will allow you to view the volume and possibly liquidity of all major currency pairs and other related forex trading assets? I mostly trade futures but wanted to try Forex now that I know what I’m comfortable with charts. Currently with my platform TradingView I can’t see all currency pair volume with out loading up a pair. Thanks!
DailyFX is the leading portal for financial market news covering forex, commodities, and indices. Discover our charts, forecasts, analysis and more. FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Forex Now. The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. ... The Forex Market Map provide a quick visual view of how the 30 major forex market rates are performing for the day based on their Percent Change.The Heat Map allows you to scan the cross rates quickly, and click on a cross rate to drill down further. Rising markets are depicted in green with falling markets in red. Real-time forex news and the latest trading updates. What you need to know now about the GBP, Dollar, Yen, Euro and minors.
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