BEST FOREX E - BOOK FOR BEGINNERS

 

There are plenty of books on the subject of currency trading, ranging from basic introduction to the forex market to advanced strategies.

 

 Here is a list of great books with the name of their great authors

 

1) Currency trading for Dummies , by BRIAN DOLAN.

 

2) Day trading and swing trading the Currency market , byKATHY LEIN.

 

3) Japanese candlestick charting techniques, by STEVE NISON.

 

4) How a living trading foreign exchange, by COURTNEY D.SMITH.

 

5) Forex trading : The basics explained in simple terms,  by JIM BROWN.

 

The world of foreign exchange can be demo raising event to experienced hands on investors that's why these books help the traders a lot.

 

BEST FOREX PAIR TO TRADE INTRADAY

 

Traders actively day trading will likely trade the pairs with the lowest spread as a percentage of maximum pip  potential.

 

Here we are going to have a list of best how to trade intraday :

 

1) EUR / USD

 

  Daily average range (12) : 105.

 

spread : 3.

 

 2) USD/ JPY

 

daily average range (12) : 80.

 

spread : 3.

 

3) GBP /USD

 

Daily average range : 128.

 

spread : 4.

 

4) EUR / JPY

 

Daily average range :121 .

 

spread : 4.

 

5) USD/ CAD

 

Daily average range : 66.

 

spread : 4.

 

6) USD / CHF

 

Daily average range : 98

 

spread : 4.

 

7) GBP / JPY.

 

Daily average range : 151.

 

spread : 6.

 

NOTE : SPREAD IS CALCULATED AS A PERCENTAGE OF MAXIMUM PIP POTENTIAL.

Can we start forex trading with $ 100 ?

 

Can we start forex trading with $ 100 ?
 

Yes we can do Forex trading with $ 100, but for this, we need a Forex broker who accepts a minimum trading hundred dollars or less deposit

 

Forex broker is some forex broker like Alpari FXTM which accept minimum hundred dollar deposit

What are the things we should keep in mind while forex trading ?

 

What are the thingswe should keep in mind while forex trading ?

 

Although we have to take care of many things while trading, but there are some basic functions that we should take care of while trading.

 

First thing, whenever we enter a trading, we should take care of its stop loss and target price.

We should not enter a trade without stop loss

Can we take forex trading as a profession?

 Can we take forex trading as a profession?

 

Yes, we can take forex trading as a profession, but we need to start slow in this profession, for forex trading, we have to know technical analysis, it is very important that without this we cannot do forex trading.

 

First, we should learn to make income by trading part time in the setting, after that when we start learning it closely and start making some profit, then we should increase the funds and time in it.

Can We Become Rich By Forex Trading ?

 

Can We Become Rich By ForexTrading ?

 

Forex trading can make us rich but short trading strategies depend on whether we keep intraday trading swing trading or currency for a long time.

EURUSD Daily Forecast

EURUSD Daily Forecast

 Eurusd technical analysis

Right now Eurusd is trading at 1.2156 level and it has made its support level on very short time trading chart. Now its 5 minute chart target for you 1.2170 level

It was trading in the range bound trading range for some time now, if it continued to trade on it after loving the 1.2170 labels, it could go up.