Before you start trading.

[ghfx]

dear members before start trading in forex u must take the points bellow on ur calcuation

1> how to use leverage
2> what strategy he will be using to open trade.
3> what strategy he will be using to to take profit and stoploss.
4> How much he want to invest in single trade
5> Last but not least What kind of strategy he will be using for money management

hi everybody,
yes it is true they are the concepts that every beginner needs to know in the world of forex.

[gani]

friend pips in simple word you can say points....like we say say 5point up/down if forex we say 5pips up/down
leverage in simple word- multiple you money ex- if you have 10$ and you choose 1000 leverage then you 10$ able to control 10*1000 market movement.
and if you want to know more then first you go ******** for learning all basic about forex..

forex pay work start karnay k liay is k baray me basic information hasil karni chae hai ta k work karna asan ho or work kar k earning ki ja sakay ta k apni zindge enjoy ki ja sakay

[andreasfx]

Before beginning forex, one forex aspirant should apprehend how the trading system works and who moves the price up and down. There may be great deal of basics, we should apprehend like going short, usage of leverage and lots of additional. Then aspirant should move to demo account to firmly see these things in live manner. Obtaining consistent profit in demo could be a symptom for switching to firmly live forex.

[jarbinlok]

agree with you, they are very important to note before we go trading but for the first time, the trader should pray to the god...
then thet prepare theirselves for all things that they will use at their trading..
and may i add? the trader should think with clear and keep deeply in their mind to trade with discipline

[hakimkst]

Do you want to know some secrets to successful Forex trading, so you can make a lot of money? To do this one must at least have a basic understanding of Forex markets and trading approaches.

[wak]

before you start trading then you must know that forex is full of vability and therefore you must trade as well as be very smart in your trades therefore have a kill in the market.

[nurhidayah]

every friend who want to try forex trading bussiness i told to keep learn what is forex and its risk. forex is a risky bussiness with a big profit if we can do well the aspect that makes us being succeed in forex

we are ready to face the risks of any trading process in which we live must be adapted to the various stages that could make us more able to understand the procedure of the state of the position we are actually able to understand more about the benefits of the process in real

[orchid]

Q: how to use leverage?
A: 1:1000
Q: what strategy he will be using to open trade?
A: The following strategy is for the GBP/USD currency pair. We are looking for movement on both sides of the Frankfurt opening price. Trading begins in Frankfurt around 7am GMT. This is the bar we will use for our opening price.

The strategy is as follows

A 25 to 40-pip move or more above (or below) the opening price at 7am GMT.

Then a 25 to 40-pip move or more below (or above) the opening price.

This creates a range of movement on both sides of the opening price. We enter a trade when either the high or low of this range is broken. Ideally, we want to see low, high, low breakout, or high, low, high breakout, although this does not need to be the case.

Initial stop is 40 pips.

Take profits on half of the position when showing a 40-pip profit. Trail the rest of the position with a 40-pip trailing stop, or alternatively create a second profit target. This can be done by calculating the difference between the morning high and morning low. Then add that difference to the breakout point, this is the profit target (covered in example below).

Avoid patterns where initial moves in each direction are larger than 40 pips. Moves such as this create large opening ranges that are tradable themselves.

Because we are going to wait for at least a 25-pip movement above and below the open price, it is common to wait an hour or more for a tradable breakout. Until the breakout occurs, we do not enter into a trade using this strategy.
Q: what strategy he will be using to to take profit and stoploss?
A: Stop loss

I've seen many trading systems here, but none has a convincing stop loss for an hourly chart. Plz suggest your possible stop loss strategy on 1 hour tf and let's hope we might strike it right.

Essentials for the stop loss,
1- Should be less than 50. Preferrably less than 30/35.
2- Should be effective and possibily a reversal point.
3- Should be easily identified.
Q: How much he want to invest in single trade?
A: $1 lowest invest for Instraforex.

[paijahnpaijo]

every friend who want to try forex trading bussiness i told to keep learn what is forex and its risk. forex is a risky bussiness with a big profit if we can do well the aspect that makes us being succeed in forex

[saqib160]

forex ma achi income hasal karne ka laye ap ko market ki smj honi chaye aur wo smj ap ko tab he aye gai jab
ap forex ko achi trah learn kar lo gaya forex ki puri detail jab ap ko ho gaia to ap daily ache pips hasal kar sako
gaya ap ki dosri sa smj sa ap forex sa bohat kuch hasal kar akte ho.