Trading Indicators » Currency Trading

what is a suitable benchmark for currency trading in the Eur, the USD and the BRL?

admin — Tue, 08 Feb 2011 17:15:19 +0000

my home currency is euro and i have made currency trades in dollar and in brazilian currency. i need to compare or benchmark these trades. what is a suitable benchmark for these and also for leaving my euro money on deposit????

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, even if you learn everything about currency trading the market is just too random and unless risk is controlled, over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

This question was about currency trading and there have been some pretty good answers that should help in your trading, and especially in relation to currency trading, the answer has been posted in the categories listed below:

Is forex currency trading similar to trading Derivatives?

admin — Fri, 21 Jan 2011 17:12:18 +0000

Can a Good Foreign Exchange Currency trader also trade derivatives? I am pretty good at trading currencies but I am getting very good offer in a Bank for trading Derivatives … I dont know can I do that.. How is it>?!

Forex Currency Market Trading – Which Forex Signal Generator Software Gives You The Best Results?

admin — Thu, 30 Dec 2010 17:12:00 +0000

Specially from the viewpoint of forex data mining, analysis and reporting, which currency trading system meets your needs for a "power tool"?

Recommend currency trading books for beginners?

admin — Fri, 10 Dec 2010 17:13:02 +0000

I’ve always been interested in the foreign exchange markets and I want to learn more before getting into it. The problem is that whenever I come across a book for beginners, the reviews are so conflicting that I don’t want to take the risk of reading it and confusing myself. Are there any books available that is considered to be the standard for currency trading? Ones that don’t favor certain companies and business; just a basic straight-forward introduction on foreign exchange and getting started.

Do you find the best online currency trading?

admin — Thu, 18 Nov 2010 17:10:56 +0000

there are many online trading websites to trade currency online. Which one is best and trustful?

Where to download a simulated FOREX currency trading program?

admin — Fri, 29 Oct 2010 17:15:22 +0000

Where can I download a simulated FOREX currency trading program?
I would like to do some paper trading of currencies. Anyone know of any good simulated trading platforms?

What is the best currency trading backtester out there?

admin — Thu, 07 Oct 2010 17:18:16 +0000

What is the best currency trading backtester?

How much could one earn in currency trading?

admin — Wed, 15 Sep 2010 17:11:03 +0000

Let’s say that I had ,000 principle in a trading account. I am a novice( beginner). What should I expect for earnings if I profit on 60-70% of trades in forex?

Where & How can i download Forex trading software i.e Fx (forex, stock,currency)software online ?

admin — Thu, 26 Aug 2010 17:13:04 +0000

i want to know which site allows to download the Fx trading software, foreign Currency Exchange Software, Stock Trading Software, Online currency trading software, free Forex Strategy Builder software, forex trading software.
I need to know few more good,popular & best Forex software,trading software and from where i can Download the software instantly and begin using it.

How can I make a profit through currency trading?

admin — Fri, 06 Aug 2010 17:14:40 +0000

I earn Thai baht, and it’s gaining buying power. How can use this market fluctuation to my advantage in regards to exchanging currency for a profit? Thanks for your time!

Currency Trading: is it a viable long term way to make money from home?

admin — Thu, 15 Jul 2010 17:15:16 +0000

I went to an introduction to FOREX (foreign exchange) class recently and they were telling us how with a good education in FOREX you can consistently make money, and good money too, since you are trading 50 or 100 times what you have in your trading account. The complete course is 00 and they were pushy for us to take the class so I didn’t feel so confident about it, but i read up on the subject a bit and did a trial trade for about 30 days, I was up a lot at one point (about 00) but in the end of the month i pretty muich broke even. WIth more knowledge and a proper education on the subject can it be a long term way of makin money?
DEAR ALL, thanks for your responses, overall you seem to think currency trading is high risk and not really a viable way of making money from home. I should have mentioned in my question that if i were to do it, i would want to rely more on technical analysis and all the ratios and different theorems etc. I would also be making trades that are from about 30 minutes to at most one day. Does this change anyones opinion on the subject?

What would Saudi Arabia stand to gain by changing their oil trading currency?

admin — Sun, 27 Jun 2010 17:18:26 +0000

Right now they trade in US dollars, but there are rumors of a currency change? Would it be to their advantage to keep this arrangement, or to change to another currency? Why, and if so what currency?

Anyone currently doing any Forex currency trading?

admin — Mon, 07 Jun 2010 17:13:40 +0000

As with any investment, I understand there are risks. However, I am seriously considering taking the online training course offered by Forex on Currency Trading. It seems too easy to make money and I believe there must a catch. I’m only going to invest what I can afford to LOSE! But I would love to hear from someone already trading or have traded!

Anybody have experience with currency trading?

admin — Fri, 30 Apr 2010 17:11:29 +0000

I heard currency trading makes good money. Is that true or is it all a hype. Thank you!

If I make income trading currency on the foreign exchange, must I report this on my federal taxes?

admin — Wed, 28 Apr 2010 22:01:28 +0000

I want to start trading currency on the foreign exchange but am not sure if I would need to report my returns as income on my federal income tax return. If I do need to report it, how so?

Where can i find a currency trading expert?

admin — Mon, 26 Apr 2010 22:01:23 +0000

If i have a good amount of capital and want to trade the currency market but have a bit of knowledge but not as much as an expert , Where could i find someone who can teach me and get paid for their time teaching me? I’m in Ireland

Is Foreign Currency Trading worth it, and does it work?

admin — Sat, 24 Apr 2010 17:12:31 +0000

My father is willing to pay me to use a Foreign Currency Trading software basically all day every day. But, we’ve researched that it is a large investment to get the software to be able to do it. They’re advertising that if you do it all day, everyday you can make "a lot" of money per year off of this. I am concerned before we pay for the software if the program really does work and if you are able to make money off of it?

How does currency trading like Forex work exactly?

admin — Thu, 22 Apr 2010 21:59:33 +0000

I understand that you buy currency in "lots" and depending if they go up or down in value you make in profit or loss.

I just don’t understand why the currencies are paired like "EUR/GBP".

Can someone help me understand the actual process taking place when people trade currency?

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

What is better out of trading ordinary spot forex or currency options?

admin — Tue, 20 Apr 2010 17:11:07 +0000

I am 18 years old and I am considering trading currencies as a home based business. I’ve had practice with ordinary spot forex and find it okay. I want to know what is better if I was to trade ordinary spot forex or currency options? Which is better, and which has the best chance of you becoming successful and becoming a millionaire out of?

What is the best site for trading stocks and currency exchange?

admin — Sun, 18 Apr 2010 22:03:28 +0000

I am completely new to the world of trading stocks or currency, but I want to get started. I see ads for all these different websites (ameritrade, etrade, etc.), and I was wondering, which (if any) would be the best for a beginner? I’m not looking to get rich quick, but I would like to start investing my money for the long term.

Also, which if any of these sites offers a way to trade currencies? Ideally, I would become a member of the site with the best combination of both of these (trading stocks and currency).

Thanks

Where can I download a simulated FOREX currency trading program?

admin — Fri, 16 Apr 2010 22:02:52 +0000

I would like to do some paper trading of currencies. Anyone know of any good simulated trading platforms?

Is it possible for a market maker to "run stops" (deliberately trigger a stop) in currency trading?

admin — Thu, 15 Apr 2010 02:50:23 +0000

I know this happens in stock trading, but what about in currency trading? I don’t know if there are actual market makers in currency markets. I’m asking because twice in one day, my stop was hit almost exactly and the price immediately reversed.

What is the best trading platform for currency trading?

admin — Tue, 13 Apr 2010 07:37:19 +0000

I want to trade currency. Please suggest good trading platform for currency trading.

Thank YOU!!!

Why currency trading with paypal is never worth it?

admin — Sun, 11 Apr 2010 12:23:29 +0000

Is it always " not worth it" to use the currency trade feature in paypal?

what is the best online currency trading?

admin — Fri, 09 Apr 2010 17:15:29 +0000

there are many online trading websites to trade currency online. Which one is best and trustful?