Forex Trading: A Beginner's Guide

Free Forex Trading Course

Complete Currency Trader is the brainchild of James Edward, founder & CEO. It uses a system that professional traders use. Most courses analyse currency pairs but CCT examines the forex marketplace as a whole and matches strong currencies against weak currencies.
[link]

learn forex step by step

learn forex step by step submitted by Ewebsolution to forextrades [link] [comments]

Step by step guide to tell if something is a scam in forex

I've seen probably about 10 posts in the last few days of people asking if ___ service is a scam or if ___ bot is a scam, so I decided to make a step by step guide to work out if it is a scam or not:
  1. It is a scam.
submitted by Shallllow to Forex [link] [comments]

[100%] LEARN FOREX TRADING STEP BY STEP COUPON

[100%] LEARN FOREX TRADING STEP BY STEP COUPON submitted by Trendycz to udemyfreebies [link] [comments]

[100%] LEARN FOREX TRADING STEP BY STEP COUPON

[100%] LEARN FOREX TRADING STEP BY STEP COUPON submitted by Trendycz to udemyfreebies [link] [comments]

Forex Trading | STEP BY STEP BEGINNER STRATEGY (2020)

Forex Trading | STEP BY STEP BEGINNER STRATEGY (2020)
https://youtu.be/6tbC-49A1U8
#forextrading #forexbeginner #forextradingstrategy
submitted by TradeHappy to u/TradeHappy [link] [comments]

Learn Algorithmic Trading: A Step by Step Guide #fintech #trading #algotrading #quantitative #quant #hft #forex #fx #crypto #gbpusd

submitted by silahian to quant_hft [link] [comments]

@AlphaexCapital : Check out 55 Top Trading Tips: The Ultimate Top Trading Tips With Actionable Steps by @alphatsignals. Click here to read: https://t.co/7H7OrluLid. #forex #trading #tradingsignals #crypto #bitcoin https://t.co/X2vwfafrj8

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

@AlphaexCapital : Check out 55 Top Trading Tips: The Ultimate Top Trading Tips With Actionable Steps by @alphatsignals. Click here to read: https://t.co/1exkIF7NLt. #forex #trading #tradingsignals #crypto #bitcoin https://t.co/ziJGKITFht

submitted by AlphaexCapital to AlphaexCapital [link] [comments]

Learn Step by Step Forex Trading in Kenya

Forex trading is ideal for investors who want the opportunity to trade on a market that is open 24 hours a day. Follow our Forex trading strategies if you wish to become a successful trader. We also offer online Forex trading training in Kenya. For more details, Call at +254 797 768 011.
submitted by fourthstreet01 to u/fourthstreet01 [link] [comments]

http://twitter.com/forex_in_world/status/1172846219800039426#forex #forextrading Litecoin mining process step by step »» https://t.co/CCLdZQIuJb pic.twitter.com/ZTXRfO0vBe— FOREX IN WORLD (@forex_in_world) September 14, 2019

submitted by Red-its to forextweet [link] [comments]

http://twitter.com/forex_in_world/status/1172840705309454336#forex #forextrading Litecoin mining process step by step »» https://t.co/hQojIedKkY pic.twitter.com/8LIRyhQCw0— FOREX IN WORLD (@forex_in_world) September 14, 2019

http://twitter.com/forex_in_world/status/1172840705309454336#forex #forextrading Litecoin mining process step by step »» https://t.co/hQojIedKkY pic.twitter.com/8LIRyhQCw0— FOREX IN WORLD (@forex_in_world) September 14, 2019 submitted by Red-its to forextweet [link] [comments]

Forex one of the most profitable strategies in the world (step by step)✅

Forex one of the most profitable strategies in the world (step by step)✅ submitted by thomasbill to u/thomasbill [link] [comments]

Step By Step I Put $200,000 On 1 Forex Trade Insane

Step By Step I Put $200,000 On 1 Forex Trade Insane submitted by cheryldlovejoy to YouTube_startups [link] [comments]

Forex Trading Like Banks – Step by Step with Live Examples

Forex Trading Like Banks – Step by Step with Live Examples submitted by saadmerie to udemyfreebies [link] [comments]

Step By Step $1.2 Million Dollar Forex Trading Setup!

Step By Step $1.2 Million Dollar Forex Trading Setup! submitted by cheryldlovejoy to YouTube_startups [link] [comments]

FOREX ROBOT TRADING MADE SIMPLE: A STEP BY STEP GUIDE

FOREX ROBOT TRADING MADE SIMPLE: A STEP BY STEP GUIDE
This article will explain which steps you can take before choosing a forex robot to automate your trading. Hopefully after reading this you will be knowledgable about forex robots to make a wise decision about which forex robot you want tot use. About 30 years ago, the foreign exchange market was characterized by trades conducted over the telephone. Investors operated with brokers who in fact had to call a counterpart to create a trade. Once the trade was done, a ticket would be made using a time stamp.
Today, technological advancements have transformed the forex market. Trades can be made quickly over your computer, allowing retail traders to enter the market, while real-time streaming prices have led to greater transparency. There is hardly any distinction between a retail trader and a professional trader. Another significant change is the introduction of algorithmic trading, which may have lead to improvements to the functioning of forex trading. Read more
https://preview.redd.it/wds7ahrptgl21.jpg?width=852&format=pjpg&auto=webp&s=609aca190e0870416db43aeeb32ebf8da4136a5a
submitted by iforexrobot to u/iforexrobot [link] [comments]

Forex Trading Strategies For Beginners - Step By Step To Become A Better Trader

Forex Trading Strategies For Beginners - Step By Step To Become A Better Trader submitted by moneyshouters to u/moneyshouters [link] [comments]

Kathleen Brooks, a research director at FOREX.com, told CNBC that classification by the German government gave bitcoin legitimacy to be used as a settlement currency in one of the world’s largest economies. She said this was a big step forward for the bitcoin movement.

Kathleen Brooks, a research director at FOREX.com, told CNBC that classification by the German government gave bitcoin legitimacy to be used as a settlement currency in one of the world’s largest economies. She said this was a big step forward for the bitcoin movement. submitted by Stevens33 to btc [link] [comments]

Kathleen Brooks, a research director at FOREX.com, told CNBC that classification by the German government gave bitcoin legitimacy to be used as a settlement currency in one of the worlds largest economies. She said this was a big step forward for the bitcoin movement.

Kathleen Brooks, a research director at FOREX.com, told CNBC that classification by the German government gave bitcoin legitimacy to be used as a settlement currency in one of the worlds largest economies. She said this was a big step forward for the bitcoin movement. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[Download] Forex Trading Like Banks - Step by Step with Live Examples

Download from : http://scenep2p.com/e-books/video-training/3840-forex-trading-like-banks-step-by-step-with-live-examples.html
submitted by scenep2p to scenep2p [link] [comments]

My home-made bar replay for MT4

I made a home-made bar replay for MT4 as an alternative to the tradingview bar replay. You can change timeframes and use objects easily. It just uses vertical lines to block the future candles. Then it adjusts the vertical lines when you change zoom or time frames to keep the "future" bars hidden.
I am not a professional coder so this is not as robust as something like Soft4fx or Forex Tester. But for me it gets the job done and is very convenient. Maybe you will find some benefit from it.

Here are the steps to use it:
1) copy the text from the code block
2) go to MT4 terminal and open Meta Editor (click icon or press F4)
3) go to File -> New -> Expert Advisor
4) put in a title and click Next, Next, Finish
5) Delete all text from new file and paste in text from code block
6) go back to MT4
7) Bring up Navigator (Ctrl+N if it's not already up)
8) go to expert advisors section and find what you titled it
9) open up a chart of the symbol you want to test
10) add the EA to this chart
11) specify colors and start time in inputs then press OK
12) use "S" key on your keyboard to advance 1 bar of current time frame
13) use tool bar buttons to change zoom and time frames, do objects, etc.
14) don't turn on auto scroll. if you do by accident, press "S" to return to simulation time.
15) click "buy" and "sell" buttons (white text, top center) to generate entry, TP and SL lines to track your trade
16) to cancel or close a trade, press "close order" then click the white entry line
17) drag and drop TP/SL lines to modify RR
18) click "End" to delete all objects and remove simulation from chart
19) to change simulation time, click "End", then add the simulator EA to your chart with a new start time
20) When you click "End", your own objects will be deleted too, so make sure you are done with them
21) keep track of your own trade results manually
22) use Tools-> History center to download new data if you need it. the simulator won't work on time frames if you don't have historical data going back that far, but it will work on time frames that you have the data for. If you have data but its not appearing, you might also need to increase max bars in chart in Tools->Options->Charts.
23) don't look at status bar if you are moused over hidden candles, or to avoid this you can hide the status bar.


Here is the code block.
//+------------------------------------------------------------------+ //| Bar Replay V2.mq4 | //| Copyright 2020, MetaQuotes Software Corp. | //| https://www.mql5.com | //+------------------------------------------------------------------+ #property copyright "Copyright 2020, MetaQuotes Software Corp." #property link "https://www.mql5.com" #property version "1.00" #property strict #define VK_A 0x41 #define VK_S 0x53 #define VK_X 0x58 #define VK_Z 0x5A #define VK_V 0x56 #define VK_C 0x43 #define VK_W 0x57 #define VK_E 0x45 double balance; string balance_as_string; int filehandle; int trade_ticket = 1; string objectname; string entry_line_name; string tp_line_name; string sl_line_name; string one_R_line_name; double distance; double entry_price; double tp_price; double sl_price; double one_R; double TP_distance; double gain_in_R; string direction; bool balance_file_exist; double new_balance; double sl_distance; string trade_number; double risk; double reward; string RR_string; int is_tp_or_sl_line=0; int click_to_cancel=0; input color foreground_color = clrWhite; input color background_color = clrBlack; input color bear_candle_color = clrRed; input color bull_candle_color = clrSpringGreen; input color current_price_line_color = clrGray; input string start_time = "2020.10.27 12:00"; input int vertical_margin = 100; //+------------------------------------------------------------------+ //| Expert initialization function | //+------------------------------------------------------------------+ int OnInit() { Comment(""); ChartNavigate(0,CHART_BEGIN,0); BlankChart(); ChartSetInteger(0,CHART_SHIFT,true); ChartSetInteger(0,CHART_FOREGROUND,false); ChartSetInteger(0,CHART_AUTOSCROLL,false); ChartSetInteger(0,CHART_SCALEFIX,false); ChartSetInteger(0,CHART_SHOW_OBJECT_DESCR,true); if (ObjectFind(0,"First OnInit")<0){ CreateStorageHLine("First OnInit",1);} if (ObjectFind(0,"Simulation Time")<0){ CreateTestVLine("Simulation Time",StringToTime(start_time));} string vlinename; for (int i=0; i<=1000000; i++){ vlinename="VLine"+IntegerToString(i); ObjectDelete(vlinename); } HideBars(SimulationBarTime(),0); //HideBar(SimulationBarTime()); UnBlankChart(); LabelCreate("New Buy Button","Buy",0,38,foreground_color); LabelCreate("New Sell Button","Sell",0,41,foreground_color); LabelCreate("Cancel Order","Close Order",0,44,foreground_color); LabelCreate("Risk To Reward","RR",0,52,foreground_color); LabelCreate("End","End",0,35,foreground_color); ObjectMove(0,"First OnInit",0,0,0); //--- create timer EventSetTimer(60); return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ //| Expert deinitialization function | //+------------------------------------------------------------------+ void OnDeinit(const int reason) { //--- destroy timer EventKillTimer(); } //+------------------------------------------------------------------+ //| Expert tick function | //+------------------------------------------------------------------+ void OnTick() { //--- } //+------------------------------------------------------------------+ //| ChartEvent function | //+------------------------------------------------------------------+ void OnChartEvent(const int id, const long &lparam, const double &dparam, const string &sparam) { if (id==CHARTEVENT_CHART_CHANGE){ int chartscale = ChartGetInteger(0,CHART_SCALE,0); int lastchartscale = ObjectGetDouble(0,"Last Chart Scale",OBJPROP_PRICE,0); if (chartscale!=lastchartscale){ int chartscale = ChartGetInteger(0,CHART_SCALE,0); ObjectMove(0,"Last Chart Scale",0,0,chartscale); OnInit(); }} if (id==CHARTEVENT_KEYDOWN){ if (lparam==VK_S){ IncreaseSimulationTime(); UnHideBar(SimulationPosition()); NavigateToSimulationPosition(); CreateHLine(0,"Current Price",Close[SimulationPosition()+1],current_price_line_color,1,0,true,false,false,"price"); SetChartMinMax(); }} if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam=="New Sell Button") { distance = iATR(_Symbol,_Period,20,SimulationPosition()+1)/2; objectname = "Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1],foreground_color,2,5,false,true,true,"Sell"); objectname = "TP for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]-distance*2,clrAqua,2,5,false,true,true,"TP"); objectname = "SL for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]+distance,clrRed,2,5,false,true,true,"SL"); trade_ticket+=1; } } if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam=="New Buy Button") { distance = iATR(_Symbol,_Period,20,SimulationPosition()+1)/2; objectname = "Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1],foreground_color,2,5,false,true,true,"Buy"); objectname = "TP for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]+distance*2,clrAqua,2,5,false,true,true,"TP"); objectname = "SL for Trade # "+IntegerToString(trade_ticket); CreateHLine(0,objectname,Close[SimulationPosition()+1]-distance,clrRed,2,5,false,true,true,"SL"); trade_ticket+=1; } } if(id==CHARTEVENT_OBJECT_DRAG) { if(StringFind(sparam,"TP",0)==0) { is_tp_or_sl_line=1; } if(StringFind(sparam,"SL",0)==0) { is_tp_or_sl_line=1; } Comment(is_tp_or_sl_line); if(is_tp_or_sl_line==1) { trade_number = StringSubstr(sparam,7,9); entry_line_name = trade_number; tp_line_name = "TP for "+entry_line_name; sl_line_name = "SL for "+entry_line_name; entry_price = ObjectGetDouble(0,entry_line_name,OBJPROP_PRICE,0); tp_price = ObjectGetDouble(0,tp_line_name,OBJPROP_PRICE,0); sl_price = ObjectGetDouble(0,sl_line_name,OBJPROP_PRICE,0); sl_distance = MathAbs(entry_price-sl_price); TP_distance = MathAbs(entry_price-tp_price); reward = TP_distance/sl_distance; RR_string = "RR = 1 : "+DoubleToString(reward,2); ObjectSetString(0,"Risk To Reward",OBJPROP_TEXT,RR_string); is_tp_or_sl_line=0; } } if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam=="Cancel Order") { click_to_cancel=1; Comment("please click the entry line of the order you wish to cancel."); } } if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam!="Cancel Order") { if(click_to_cancel==1) { if(ObjectGetInteger(0,sparam,OBJPROP_TYPE,0)==OBJ_HLINE) { entry_line_name = sparam; tp_line_name = "TP for "+sparam; sl_line_name = "SL for "+sparam; ObjectDelete(0,entry_line_name); ObjectDelete(0,tp_line_name); ObjectDelete(0,sl_line_name); click_to_cancel=0; ObjectSetString(0,"Risk To Reward",OBJPROP_TEXT,"RR"); } } } } if (id==CHARTEVENT_OBJECT_CLICK){ if (sparam=="End"){ ObjectsDeleteAll(0,-1,-1); ExpertRemove(); }} } //+------------------------------------------------------------------+ void CreateStorageHLine(string name, double value){ ObjectDelete(name); ObjectCreate(0,name,OBJ_HLINE,0,0,value); ObjectSetInteger(0,name,OBJPROP_SELECTED,false); ObjectSetInteger(0,name,OBJPROP_SELECTABLE,false); ObjectSetInteger(0,name,OBJPROP_COLOR,clrNONE); ObjectSetInteger(0,name,OBJPROP_BACK,true); ObjectSetInteger(0,name,OBJPROP_ZORDER,0); } void CreateTestHLine(string name, double value){ ObjectDelete(name); ObjectCreate(0,name,OBJ_HLINE,0,0,value); ObjectSetInteger(0,name,OBJPROP_SELECTED,false); ObjectSetInteger(0,name,OBJPROP_SELECTABLE,false); ObjectSetInteger(0,name,OBJPROP_COLOR,clrWhite); ObjectSetInteger(0,name,OBJPROP_BACK,true); ObjectSetInteger(0,name,OBJPROP_ZORDER,0); } bool IsFirstOnInit(){ bool bbb=false; if (ObjectGetDouble(0,"First OnInit",OBJPROP_PRICE,0)==1){return true;} return bbb; } void CreateTestVLine(string name, datetime timevalue){ ObjectDelete(name); ObjectCreate(0,name,OBJ_VLINE,0,timevalue,0); ObjectSetInteger(0,name,OBJPROP_SELECTED,false); ObjectSetInteger(0,name,OBJPROP_SELECTABLE,false); ObjectSetInteger(0,name,OBJPROP_COLOR,clrNONE); ObjectSetInteger(0,name,OBJPROP_BACK,false); ObjectSetInteger(0,name,OBJPROP_ZORDER,3); } datetime SimulationTime(){ return ObjectGetInteger(0,"Simulation Time",OBJPROP_TIME,0); } int SimulationPosition(){ return iBarShift(_Symbol,_Period,SimulationTime(),false); } datetime SimulationBarTime(){ return Time[SimulationPosition()]; } void IncreaseSimulationTime(){ ObjectMove(0,"Simulation Time",0,Time[SimulationPosition()-1],0); } void NavigateToSimulationPosition(){ ChartNavigate(0,CHART_END,-1*SimulationPosition()+15); } void NotifyNotEnoughHistoricalData(){ BlankChart(); Comment("Sorry, but there is not enough historical data to load this time frame."+"\n"+ "Please load more historical data or use a higher time frame. Thank you :)");} void UnHideBar(int barindex){ ObjectDelete(0,"VLine"+IntegerToString(barindex+1)); } void BlankChart(){ ChartSetInteger(0,CHART_COLOR_FOREGROUND,clrNONE); ChartSetInteger(0,CHART_COLOR_CANDLE_BEAR,clrNONE); ChartSetInteger(0,CHART_COLOR_CANDLE_BULL,clrNONE); ChartSetInteger(0,CHART_COLOR_CHART_DOWN,clrNONE); ChartSetInteger(0,CHART_COLOR_CHART_UP,clrNONE); ChartSetInteger(0,CHART_COLOR_CHART_LINE,clrNONE); ChartSetInteger(0,CHART_COLOR_GRID,clrNONE); ChartSetInteger(0,CHART_COLOR_ASK,clrNONE); ChartSetInteger(0,CHART_COLOR_BID,clrNONE);} void UnBlankChart(){ ChartSetInteger(0,CHART_COLOR_FOREGROUND,foreground_color); ChartSetInteger(0,CHART_COLOR_CANDLE_BEAR,bear_candle_color); ChartSetInteger(0,CHART_COLOR_CANDLE_BULL,bull_candle_color); ChartSetInteger(0,CHART_COLOR_BACKGROUND,background_color); ChartSetInteger(0,CHART_COLOR_CHART_DOWN,foreground_color); ChartSetInteger(0,CHART_COLOR_CHART_UP,foreground_color); ChartSetInteger(0,CHART_COLOR_CHART_LINE,foreground_color); ChartSetInteger(0,CHART_COLOR_GRID,clrNONE); ChartSetInteger(0,CHART_COLOR_ASK,clrNONE); ChartSetInteger(0,CHART_COLOR_BID,clrNONE);} void HideBars(datetime starttime, int shift){ int startbarindex = iBarShift(_Symbol,_Period,starttime,false); ChartNavigate(0,CHART_BEGIN,0); if (Time[WindowFirstVisibleBar()]>SimulationTime()){NotifyNotEnoughHistoricalData();} if (Time[WindowFirstVisibleBar()]=0; i--){ vlinename="VLine"+IntegerToString(i); ObjectCreate(0,vlinename,OBJ_VLINE,0,Time[i],0); ObjectSetInteger(0,vlinename,OBJPROP_COLOR,background_color); ObjectSetInteger(0,vlinename,OBJPROP_BACK,false); ObjectSetInteger(0,vlinename,OBJPROP_WIDTH,vlinewidth); ObjectSetInteger(0,vlinename,OBJPROP_ZORDER,10); ObjectSetInteger(0,vlinename,OBJPROP_FILL,true); ObjectSetInteger(0,vlinename,OBJPROP_STYLE,STYLE_SOLID); ObjectSetInteger(0,vlinename,OBJPROP_SELECTED,false); ObjectSetInteger(0,vlinename,OBJPROP_SELECTABLE,false); } NavigateToSimulationPosition(); SetChartMinMax();} }//end of HideBars function void SetChartMinMax(){ int firstbar = WindowFirstVisibleBar(); int lastbar = SimulationPosition(); int lastbarwhenscrolled = WindowFirstVisibleBar()-WindowBarsPerChart(); if (lastbarwhenscrolled>lastbar){lastbar=lastbarwhenscrolled;} double highest = High[iHighest(_Symbol,_Period,MODE_HIGH,firstbar-lastbar,lastbar)]; double lowest = Low[iLowest(_Symbol,_Period,MODE_LOW,firstbar-lastbar,lastbar)]; ChartSetInteger(0,CHART_SCALEFIX,true); ChartSetDouble(0,CHART_FIXED_MAX,highest+vertical_margin*_Point); ChartSetDouble(0,CHART_FIXED_MIN,lowest-vertical_margin*_Point); } void LabelCreate(string labelname, string labeltext, int row, int column, color labelcolor){ int ylocation = row*18; int xlocation = column*10; ObjectCreate(0,labelname,OBJ_LABEL,0,0,0); ObjectSetString(0,labelname,OBJPROP_TEXT,labeltext); ObjectSetInteger(0,labelname,OBJPROP_COLOR,labelcolor); ObjectSetInteger(0,labelname,OBJPROP_FONTSIZE,10); ObjectSetInteger(0,labelname,OBJPROP_ZORDER,10); ObjectSetInteger(0,labelname,OBJPROP_BACK,false); ObjectSetInteger(0,labelname,OBJPROP_CORNER,CORNER_LEFT_UPPER); ObjectSetInteger(0,labelname,OBJPROP_ANCHOR,ANCHOR_LEFT_UPPER); ObjectSetInteger(0,labelname,OBJPROP_XDISTANCE,xlocation); ObjectSetInteger(0,labelname,OBJPROP_YDISTANCE,ylocation);} double GetHLinePrice(string name){ return ObjectGetDouble(0,name,OBJPROP_PRICE,0); } void CreateHLine(int chartid, string objectnamey, double objectprice, color linecolor, int width, int zorder, bool back, bool selected, bool selectable, string descriptionn) { ObjectDelete(chartid,objectnamey); ObjectCreate(chartid,objectnamey,OBJ_HLINE,0,0,objectprice); ObjectSetString(chartid,objectnamey,OBJPROP_TEXT,objectprice); ObjectSetInteger(chartid,objectnamey,OBJPROP_COLOR,linecolor); ObjectSetInteger(chartid,objectnamey,OBJPROP_WIDTH,width); ObjectSetInteger(chartid,objectnamey,OBJPROP_ZORDER,zorder); ObjectSetInteger(chartid,objectnamey,OBJPROP_BACK,back); ObjectSetInteger(chartid,objectnamey,OBJPROP_SELECTED,selected); ObjectSetInteger(chartid,objectnamey,OBJPROP_SELECTABLE,selectable); ObjectSetString(0,objectnamey,OBJPROP_TEXT,descriptionn); } //end of code 
submitted by Learning_2 to Forex [link] [comments]

Read Carefully Experts!

This may appear to be a noob question, but read on carefully and please try and understand the point I'm trying to make! I'm hoping your answers might be helpful to people both learning Forex and looking to get into it, so please don't hate on me for this post.
I am relatively new to FX and have learned about break and retest strategies, MACD crossovers and stop losses below structure and risk to reward ratios (usually going for 1:1 or 2/3:1) and so on. I say this only so you know I've a general (very basic) understanding of charts, price action etc.
I definitely do NOT expect to step into the markets and instantly win a majority of my trades, however, to illustrate my thoughts please note the example below.
If I am winning 2% on a winning trade and losing 1% on a losing trade (2:1 reward risk per trade), a strategy that wins just 50% of the time trading once per trading day would be +10% each month. (10 days of -1%, 10 days of +2%). +10% is a HUGE increase in accounts and if a $1000 account was +10% per month for 12 months the end of year balance would be over $3138.43 or a 213.84% return!
This leads me to a theory that almost NO system can be returning 50% on a 2:1 reward risk, even with careful trade selection (let's say I monitor the 7 major pairs, gold and GBP/JPY as I do and pick one entry a day) Am I wrong? I appreciate it is a hypothetical example designed to make a point, but my thoughts are if you monitored lots of pairs and took only ONE entry a day, we might expect to win 50% of the time.
Let's expand this further. I have seen numerous algos (can't name them but looking like they win at LEAST 50% of the time) which tempt me because they appear to indicate moves I could jump on and where I could pull a bunch of pips out of the market. However, there surely cannot be a holy grail or are people making this type of insane return? It cannot be as easy as buying an algo, signing up to $300,000 worth of FTMO funding and earning 10% per month for an easy $21,000 per month income with profit share. Or maybe it is and I'm just cynical?! I end up getting tempted by courses etc. in the hope that if I spent £400 on a good course it would open the door to what I need to do, but I'm nervous this is just another huge mistake.
I genuinely would love to trade Forex for a living. Really I would. I hope it's possible and I hope to learn a strategy I can wash, rinse and repeat. I love watching videos and live streamers who seem to have a great understanding of what's going on but I wonder if it's really possible. It seems a million miles away but I'm determined to keep learning and trading.
Reading your considered thoughts to this post would be helpful for me and I'm sure others and thank you for reading it.
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Drawing Support & Resistance Levels in FOREX (STEP-BY-STEP ... ANYONE CAN TRADE FOREX - STEP BY STEP LIVE TRADING - YouTube Complete Beginner  How to win in forex Step by Step ... Forex Trading Course (LEARN TO TRADE STEP BY STEP) - YouTube How to Day Trade in Forex For Beginners (Easy Step-By-Step ...

Forex Step MA Reversals Indicator. Pogo Symphonie is a forex premium strategy that uses an adaptive algorithm working in real time. It is unlike any other indicator on the market. It requires no outside knowledge and utilizes cutting-edge technology that makes trading more accurate, more reliable, and as effortless as possible. Dear Trader. Let me introduce you to a new way of Forex trading ... Das Kürzel “Forex” steht für den Währungshandel, von Experten Devisenhandel genannt. Alle Landeswährungen werden auf diesem Markt gehandelt. Anleger handeln in Forex aus dem gleichen Grund wie auf allen anderen Märkten, sie glauben, dass der Wert einzelner Währungen im Laufe der Zeit rauf oder runter gehen wird. What exactly happens in Forex trading step by step? Here a few steps involved in the Forex process and a few key indicators and tools that you’re going to need to be conscious of. Open an account . Your first step will be to open an account with a trusted Forex broker. Most platforms allow you to setup an account very quickly and easily. We advise you to upload all the right verification ... Forex Step by step Der Einstieg in den Devisenhandel – step by step. Der Weg zum Devisenhandel ist letztlich nicht weit: Es braucht einen geeigneten Broker, etwas Geld und die Kenntnis der grundlegenden Funktionen der Handelsplattform. Einsteiger sollten von Beginn an mit Strategie handeln und zusätzlich die häufigsten Anfängerfehler vermeiden. 1. Passenden Forexbroker finden. Dutzende ... How to Develop a Forex Trading Strategy That Works, Step by Step. Let’s be honest: This is why you are here. So, without further ado, let’s learn how to develop a forex trading strategy that works. Before You Begin. Spend some time deciding on your trading style. This is very important because it affects the strategy you’re going to build. Most Forex transactions are carried out over-the-counter or off-exchange. Stocks are listed on physical public exchanges, but Forex currencies have no physical location. Check out the step-by-step process to follow before you start engaging in the over-the-counter market: Over-the-Counter Trading – How the Whales Trade. In the Trading Combine ® Step 1, you can trade any other time during the trading week. Why it is Important: You should only be exposed to risk when you are able to get in and out of the market. Trades cannot be closed over the weekend, increasing risk to the trader. The Forex Pairs listed above are the pairs that traders can trade I want to use the 3-step Paroli theory in a "Semi-Automatic EA". Perhaps there is already an EA out there that uses this? The theory is this below: See Theory Website But you might not know that parlay represents a modified spelling of the French name for such bets: paroli. 1) Enter a trade when you believe in a trend direction Long or Short (use MA's or some other clever trend detectors or ... Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. *Increasing leverage increases risk. GAIN Capital Group LLC (dba FOREX.com) 135 US Hwy 202/206 Bedminster NJ 07921, USA. GAIN Capital Group LLC is a wholly-owned subsidiary of StoneX Group Inc ... Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or ...

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Drawing Support & Resistance Levels in FOREX (STEP-BY-STEP ...

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