A bit of fundumental analisys: analysts at Unicredit and Nordea believe the pound is on course to climb to 0.70 before the end of the year, as the weakening effect of the ECBs bond buying program, which is expected to continue until at least 2016, ...

EUR/GBP - What a great pair to trade!

Lots of them! Google helps, I know that OctaFx, HotForex, Alpari, Forex-metal offer up to 1:400, it's worth checking other trading conditions to make sure that they are reliable.

Broker with 400:1 leverage

Yeah, you are right. In my opinion for begginers it's worth choosing brokers offer a micro account just to test their strategies and a broker as well. A demo account is obligatory, but it doesn't allow to chech how good withdrawal is, for example. ...

What is the best broker for beginners

That's a right way to test a broker, but, unfortunately, you can't understand anything about how honest they are with withdrawal. On the other hand, you can try to open a micro-account if a broker allows it.

What is the best broker for beginners

They have a guardian angel with an opened account.

Instaforex, are they honest and reliable?

Forex market is a completely different from it was even 10 years ago. It has become a lot more liquid and it's getting more and more comlicated for traders. Lots of brokers, unrealistic expectations about their job make Forex even more difficult for ...

Forex = legal scam

Trading on Fridays provides an opportunity for high reward but that also comes with a high risk. There are some reasons why you shouldn't trade on Friday: 1) Large gaps when the market opens 2) Higher spreads 3) Bad market conditions.

Why not trade on fridays?

Thanks guys, that's a really useful thread. I'm trying to improve my FA knowledge as well to make my trading more profitable.

Looking for book recommendations on Fundamental Analysis

The most popular tip is to go live when you feel confident enough - fron week to several months. My opinion - better to trade on demo for half a year to make sure that you understand what trading is.

When to go live

It's useful to test a broker using demo account.

Anyone like Citi as a broker? I'm looking for a safe broker

I agree. Only one thing is not clear for me - when I can say that I'm a trader, because nobody gives me a "licence" as it happens with a driver.

trading is simple for a trader

I try not to trade with more that 1% of account. The certain amount of money depends on a position.

biggest position size you can trade at one time

I trade once a day on average, it depends on the market situation and my schedule.

How often do u trade?

Perhaps if your balance is really big it's possible to earn enough money just forex trading.

Work Vs Trade

What about using stoploss when you was right? Do you plan where you should stop or rely on the market moving?

LOST 7K$ in one week, help!

Unfortunately, nothing can predict where the price is going. If we can, trading in forex wouldn't be so risky.

Indicators for rookies

It will be great to have "the best strategy", which works for every single situation But the reality is that a trader should make his/her own strategy taking into account not only market but also his/her personality.

Best forex market strategy or theory I should use?

At first I trade on 15 minutes and thought that i could make money quickly and with the minimum risks, but I wasn't really successful in it. Now I prefer daily frame and I'm doing a bit better.

What timeframe do you use for trading?

It seems so, but it gives lots of benefits. After some years of trading the risks are getting lower, because you know how to deal with them.

Can you get rich quickly from forex trading?

Trading without a plan, jumping in with live trading without the experience on demo account, greed and emotions - if you trade like that, Forex is gambling.

Forex gambling?