Made Easy Forex

Most beginners come into forex with a fair degree of intimidation. All of the charts and the technical terminology seem to demand a Ph.D. in math or at least a life that revolves around forex trading. What makes the situation worse is the importance these analytical tools have for trading. You just won’t be successful until you understand how to use them. 
However, it actually isn’t that hard to figure things out and get going. Here’s a short introduction that will give you the basics on forex charts online and the …

Q: I was wondering if anyone who is foerx trading likes the website they are using. I opened a practice account at forex.com and I hate the way the forex charting and entering a position works. I was if anyone has found something better.
A: I found forex.com a bit confusing and awkward as well. I like using Interbank FX. They have the MetaTrader 4 platform and I find it fairly user friendly.

Q:  I’ve been trading in forex for about a month and i need a charting software.Do you guys know any free charting software or any cheap one?  A:  Charting software comes free with the platform from your forex dealer. That’s why they all give 30 day free trials with demo accounts: so you can see if you like the software. If you don’t like what your dealer supplies, then change dealers, but try a demo account with the new dealer first.

Q:  I started reading up on drawing triangles on my candles. What I want to know how do I trade a triangle by looking on 3 different forex charts? They say you must always use multiple times frames. Let’s say I would draw a triangle, on what time if I use 30 min, 1 hour and 4 hours?I trade forex.
A:  What is meant by trading with multiple time frames is to be aware of price behavior in each time frame that may
impact the time frame used to trigger your decisions.You may have …

Q:  I’m trying to create a chart for an exchange rate between any 2 assets. You can easily see charts like this on any forex website, like a EUR/USD chart for example.
But I want to create my own exchange rate, like let’s say: $Lumber/$Gold, or $Cattle/$Hog.
I have the 2 columns of price data for each commodity, but I don’t know what to do with them! For some reason this should be really simple, but it’s just not coming to me.
A:  just division when comparing 2 items
A1 = $ Gold
B1 = …

Q:  I have been doing a practice acount for a while and know how to read the forex charts?I am interested in starting with a few hundred dollers and adding a little bit each check.What i don’t understand is the leverage 1:10 all the way to like 1:200,What is better why is it better does it effect the pips?What is recomended for a beginer using small amounts of money?
A:  Before you launch into the deep you might want to track your demo account trades with a Forex Utility tracker that shows your …

Q:  I’m a beginner at Forex and have looked at some forex charts. RUB has a chart that has been going straight down the past 3 years. Is that a good thing?
A:  The Russian Central bank will do anything to keep the ruble going strong against the USD for a while especially with the elections coming up in Russia.. they will pump billions of $’s into the ruble to keep it strong against the USD.
To answer your question: Yes, short it. You will make a nice profit.
I personally am shorting it …

Q:  I’m a newbie of forex, i wonder why most of trader using multiple monitor to see their forex chart, if you and experience trader please help me, tell me what are they looking on first monitor and the second one.
what are the most important of being a forex trader?does it need a specific time to do a trading?
A:   The first monitor is for showing a large time frame, for example a Daily Chart.
The second screen is for a small time frame, for example a 15-Minute Chart.
In order to take advantage of …