Today I mad 270$ in easy forex trading, IT was 100% luck. It’s the highest earning I made in one deal for a long time, my day ended with about 350$ in profit. And if you are wandering yesterday I lost $120 and the day before I earned $96.
You can say I am addicted to the forex trading but, I also end up making some money. It has nothing to do with experience, knowledge or any tools. I use the simple platform of easy forex and one diagram that show all the changes in deferent time range (hourly, daily and weekly).
You can say it’s a 50-50 percent chance, but sometimes you can be sure about the direction of the diagram. For example when the rate reaches the lowest level (for a week or month) you can be sure that it will level for a short period then climb up again.
Why is that?
When the euro for example drop down to his lowest level in the week, more and more investors will buy Euros, and the more amount bought the more value will it gives the Euro, and it will climb up. That’s a fact unless there is some external factor that could affect the value of the euro or the other currency you are exchanging with.
That’s OK to look at it buy one currency, but the better picture is when you see the couple of currencies together.
And by the way I recommend focusing on only a couple of currencies only, this way you will get more experience with the changes and what affect it.
Does this post recommend trading with forex?
Yes it is, if you have a $200 spare (at least) open an account with easy forex, choose your favorite currency couple, give it a couple days to monitor the changes. For the best monitoring process use the trading platform MetaTrader 4 go to LiteForex and download it from there. You can use LiteForex as a trading broker but I personally work directly from the easy-forex. I use the MetaTrader 4 only because they have great diagrams.
Some forex traders use automated forex robots to make the trading automated, this robots are recommended only if you don’t have much time to spend on monitoring the changes, sometimes it takes hours to have a small change. The one we know, used and can recommend is FapTurbo, it is software that runs on your computers and connects to your forex account, and makes the trading for you.
Other services can help is the signals, They know nothing and give you nothing (waste of money).
Here is a short report that may help you understand some features.
March 28th, 2009 at 6:35 am
I am an australian and would like to set up forex business in india. Is forex trade legal in india??
I need answers,
yours truly,
josh
http://www.forexfreedownload.com
forex download’s last blog post..Benefits of Forex Trading Strategy
March 29th, 2009 at 2:24 am
You Need to contact Forex Support for that.
Go to your Forex Account, Then Go to Contact, choose the right contact phone number for you and call them.
Do not think of emailing them, the do not answer emails at all
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December 9th, 2009 at 10:08 pm
That was a very interesting article,I have tried three approaches to learning about forex trading, because it is quite intimidating to get into.
I have tried a forex robot (in fact, I have one running for me now) with some success, but I have not learnt much about how to actually trade. I alos tried a semi-automated system, where potential trades are highlighted, and I get to choose. Again, good results, but not much learning value.
Finally, I have tried a community based system, where I can study the methods of a given human advisor (to whom I give anonymous access to my account) and learn the techniques for myself. This has been the most helpful.
Thanks for this post!
Keep on posting:))
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