Comments on: What Is You’re Forex Trading Strategy/plan?

By: Glory

Glory — Wed, 20 May 2009 17:22:15 +0000

Forex is generally seen as being slightly easier than stocks because of the broad nature of it. You don’t have to worry about which stocks are gaining or falling – you’ve just got to keep your ear to the ground about the latest world events that might change the currency rates (I.E oil prices, economic difficulties & government spending).
If you’re interested in getting into Forex, I recommend you take a look at http://www.forexfromscratch.com which has a really interesting free book about starting off in Forex.
It’s a step-by-step beginners guide which is 100% free. Just go to the homepage and download it for free – you’ll be able to avoid most of the beginner pitfalls with it.
Hope this helps?

By: James K

James K — Wed, 20 May 2009 17:22:15 +0000

Be on the side that the moving average is going toward. Length of MA is a matter of comfort and personal preference for time frame.
Be in at least three currency pairs, none of which overlap.

By: Ted

Ted — Wed, 20 May 2009 17:22:15 +0000

invest in forex and I’m doin pretty good. Check out Forex Trading University http://www.fxtu.com

By: Forex K

Forex K — Wed, 20 May 2009 17:22:15 +0000

Buy something. Wait for it to go up and sell it. If is doesn’t go up, don’t buy it.