Since I'm a beginner, I use the free Finance Illustrated book: https://financeillustrated.com/forex-trading-pdf/ But it is also better to look at videos for better understanding.
I'm a beginner in forex and am not sure how to choose the right broker. What are the conditions and factors I should consider in a broker before investing in it?
I'm a beginner in forex trading with a demo account and am not sure which currency pair to choose to trade in real. Any suggestions on which pair is best for beginner traders that can be profitable with lower risks?
I'm a beginner in forex and have been scalping using a demo account for three months. I will be live trading soon and wanted to know what are the best scalping trading techniques.
I prefer using the volume and price action strategy for scalping. This strategy uses volume indicators to look for price action.
Technically, low volume is followed by high volume and then price action in the short term and not necessarily in the long term, which makes it highly useful for forex scalpers.
Gold futures for December delivery settled flat at $1,720.80 per ounce on Comex. Everyone will be "closely watching" tomorrow's U.S. September nonfarm payrolls and its impact on the November Federal Reserve meeting, said Chintan Karnani, director of research at Insignia Consultants. He said there has to be an increase in unemployment in the U.S. for the market to see a slower pace of interest-rate hikes.
The advantage of starting small in forex trading can help reduce the loss of money and risk involved in live trading. Using a smaller account helps to build knowledge and skills.
In the forex market, moving averages are a popular technical indicator. They are employed to amplify price information and support the discovery of market trends.
Moving averages are crucial in part because they assist traders in determining the trend's direction.