Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Feel free to submit papers/links of things you find interesting.
So I have a new job that pays me a fair bit more than my old jobs ever did and i’m interested in looking at forex and eventually into stocks and larger investments. Wondering if you ladies have any good resources for where to start?
New to forex , why did EURUSD and GBPUSD jump up so bad ? Plus are my support and resistant levels in a good place? Do the market’s regularly jump Obove and below support and resistant levels (1hr chart)
Not so much that I’m an advanced trader but I mean that I want to expand my knowledge and not buy books that have 100s of pages about beginner level stuff. So if anyone has any ideas of good progression books please let me know
In forex community-recommended forex leverage is usually 1:100. What is a Good Leverage Ratio for Forex? Good leverage for forex trading is equal or above 1:100 such as 1:100, 1:200, 1:500, 1:1000. For professional traders, the bigger leverage is better. To make a trade on Forex.com, the following steps explain the main procedure. Select a currency pair; Analyze the market; Read the quote; Pick your position; Entering a buy position; Entering a sell position; Is forex.com a good broker? Unbiased traders reviews on ForexPeaceArmy is the best way to answer if Forex.com is a good broker. In fact Forex.com’s trading conditions are quite good: minimum initial deposit is average for the forex market, there are no commission fees, and leverage is up to 1:200, which is also standard. As leverage in the US is capped to 1:50 by the Dodd-Frank Act, US clients may not utilize leverage higher than that. FOREX.com are total scammers! FOREX.com are total scammers! They give a promise that everything will be good with withdrawal and lying that you don't get charged. I deposited some of my savings and after trading couldn’t withdraw what I got. My only advise to you traders - have no business with these people!!!! FOREX.com is the ideal platform if you want to trade on the move. The mobile app is impressive, and certainly stands up against other forex trading apps available today. The absence of any commission, the low deposit requirement, and the incentives available for frequent trading are all excellent too.
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