Hi I'm new to all this can anyone help me.

Hi all, As i said in the title i'm new to all this can you guys give me some pointers on what i need to know and learn.

Hi mark and welcome to Forex Factory!

I also agree with Robik to go visit the above site.

You can also check this post in the beginner's forum:
http://www.forexfactory.com/forexfor...ead.php?t=3696

Then after all your reading is done, you can come back and post some of your questions here at the factory.

Happy learning!

Regards,
East

Thanks for the info i'm looking at it now. This is exactly what i needed . Thank you.

Feel free to have a squiz at a beginner trader site I run as well .. best of luck:

http://www.beginnertrader.com

I have a question: Have any experenced traders gone long after a news release has caused the market to swing several pips in either direction that way they can catch a few pips on the retracement? I am thinking about doing this, but don't know at which point to enter the trade. I've read that fundamentals can move the market for up to 15-30mins.

Ih a different forum recently a newbie (less experienced even than me) asked about trading without a stop loss. I thought about this for a while and realized that, at least in my case, stop losses are more about keeping me in good trades than getting me out of bad ones.

Allow me to elaborate since this may not be self-evident. I am one of those people who has to stop herself from getting out of good trades just because they go against me at some time during their lifetime. I have to remind myself that it is notmal for prices to go up and down, that my stop losses are placed where they are so that they are on the other side of a support or resistance which should act as a trampoline for the pair to bounce off of if it gets that far, and I know that when I do not have a stop loss in place I will get myself out of trades which would have made me many pips if only I had stayed with them.

For those newbies who believe that they do not need a stop loss because they are only too ready to pull the plug as it were, keep in mind that there is another reason to have stop losses.

one of the ways to learn is by reading analysis reports. not about following 'tips' but to see how those analysts 'think'. when they're right, when they're wrong and why.

I agree. To quote that great Pimpster.. no I mean Pipster Jessie Jackson "If you are followin' the tips, you'r just chasin' the Pips!"