What is buying U.S. stocks? What should you consider before buying?
Tags: Bitcoin Mining, Global Currency Reset, Forex Trendy, Fda Rules

what is Forex trading? What to do? What not to do?

What is buying U.S. stocks? What should you consider before buying?

Forex investing is about knowing what you’re doing. There is no substitute for actually educating yourself about the market and sticking to your plan.

Maybe you don’t know what Forex is, or you don’t understand the ins and outs of options trading. Either way, you are better off learning first.

This list is the primary source of information on Forex trading. A few other good resources:

Intro to Forex Trading [Free PDF]

MoneyWeek Forex Market Review

How to Start Trading Forex (Popular Guides for Trading)

Curious about which currency pairs to buy? A useful guide with 4 graphics (2 currency charts) and 7 tables will help you pick the right pairs.

Other Resources

If you need additional resources, check out:

The NFA Forex chart library shows you the current status of all currencies and their volatility over the past 7 years, and the US Dollar since 1971.

The forex chart library shows you the current status of all currencies and their volatility over the past 7 years, and the US Dollar since 1971. the forex CTA library breaks down everything that will happen in the market:

There are seven different wave charts in this library. Wave 10 has come and gone, so don’t give up yet.

Breakdown of all of the basic things that traders do on Forex.

for example, you’ll find a section dedicated to switching from one currency pair to another.

There are several threads on Forex Macroeconomics, which is the study of how economies affect the price of currency pairs.

Forex Hidden Secrets — Simple Ways To Beat The Market (copy of this article)

Bill Bonner, a former macro trader, lists his strategies for beating the market. It’s a good guide for both beginners and those with a little trading experience.

Here are the 5 Core Principles of Technical Analysis for trading currencies:

Price Chart

Call / Put Chart

Stochastic

Trend

Z-Score

Breadth Chart is a tool for traders, which lets you create a normal distribution of price (along with other shapes).

Here is a great image about how to do a breadth chart:

For better accuracy, get your chart of choice:

Or download the .csv

For Excel users, the $99 per year VisiChart Desktop add-in makes it easy to get different shapes and other charts on demand.

Conclusion

If you can pass these three tests (you should be able to answer them all without really thinking about it), then you are ready to go out there and start trading Forex (and other currencies):

What’s your background?

What’s the main goal?

How much money do you want to make?

What are your trading goals?

Do you need any specialized equipment or software?

How can I learn more about trading?

Have you tried Forex trading? What was your experience like?

Do you have any specific questions about Forex trading?

Tell me in the comments below.

Have you ever used Forex? What was your experience like? Please share your story with me in the comments below!

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