Made Easy Forex

Forex Trading: USD/CHF operating in range
FXstreet.com (Barcelona) – The USD/CHF has been stuck in range ever since the opening of yesterday’s European session with the ceiling of 1.0612 and the floor of 1.0570 capping the very limited breakout attempts by the timid pair.
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Q:  I keep hearing good things about them and this mourning i saw an analysis on the cable tv money channel giving rave reviews on forex ring leader , how there calls dominate the forex markets. i just want to know if any one has gotten rich from using them ! and has your account ever gone negative using them i looked at there trading history and it looks too perfect. seems like on average they only have 2 stop out per month. so am i reading the report correctly …

Q:  Hello Forex traders,I am somewhere between a beginner to an intermediate forex trader. I placed a trade on USD/CAD on Thursday. Although I made some profit, It was not how much I expected.Can you please review my trade. I have posted my analysis behind the trade at -http://the-forex-trading.blogspot.com
A:  Overall, not too bad . . . you made a profit.
Considering the timeframe you are trading, I don’t understand why you are referring to a an exit at 1.1006 “which looked like an important resistance”.
It looked like recent resistance was ~1.1055 and …

I’ve been playing around with forex and made a BIG mistake on Friday by taking a buy position on the USD/EUR market which then went the wrong way for me. Even more stupidly I forgot to set the stop loss triggers and by the end of trading on Friday I was down $1,500 on the position.
I want to close out the position as soon as possible on Monday but need to be in front of the computer when the market opens – which will presumably be in the Far East …

Q:  How is the interest on the loan that the broker gives you paid back and who pays it.A:  In the forex market when a trade is made you are not buying and selling the same as equity. If you were to purchase/go long EUR/USD the transaction would involve borrowing USD to purchase EUR. The amount that you have to put down as a margin will depend on your broker and may be as low as 0.25%.You will have to pay the interest daily for the currency you borrowed(USD) and receive …

Q:  I want to buy foriegn currencies & already have an idea of which ones. I am not putting in a great deal (maybe $100 sporatically here & there, put in over time). Is it a good idea to go to a currency exchange place downtown & just buy it & let it grow, which it has & all indications show it will, even more & faster.
Most of those Forex (not bashing any trader or broker, thats just the most popular one that I see) type traders tend to have …

Q:  I need some help with reviewing brokers, educational sites and if there are advisors, services or systems that work.
A:  You should be overwhelmed by the material out there!
Make a point with yourself not to trade Forex for a year. Take that year to learn the fundemental movements of the currency market & learn technical analysis. You may want to trade stocks using technical analysis in the stock market first (for a year or two), to get a “feel”.
96% of all new Forex traders lose their accounts in the first …

Q:  I want to go into forex trading with $1000.any advice on tricks of making money.any reputable broker that has little spread, where i can buy at bid and sell at ask price.which forex supports mobile trading.I am thinking of buying a laptop or palmtop.where can i get ba data on forex brokers based on their patroniszation/ no of clients. any idea of Electronic Communications Network forex bokers.
A:  I’m thinking of buying this hot selling software that came out this week, Automated Forex Cash.
Below are the specs from the sales …