Archive for December, 2008
What is the best source to get FX forward daily projection?
December 31st, 2008
Please advice where can I get the best information (analyzed by some professionals based on the World’s economic indications) to help me with my entering into the Forex trading. I hope to find well established and legitimate source that could send me emails on the daily bases with their (free or paid for) advices, recommendations and alerts for the next trading day and so on… I’m sure there are number of Forex advisers and companies providing this type of service, but I do not know to find them and how to find out about their “track record”. Thank you.
if your a forex newbie the best place to START is babypips.com
you'll learn lots there…. also go to day-trading-mind… lots of good info there….. both sites have links to people and places for free info……………. if you have any questions email me…. i am a newbie too! 
powered by Yahoo Answers
Posted in 
forex question?
December 31st, 2008
i'm a newbie of forex (foreign exchange currency), i wonder why most of trader using multiple monitor to see their chart, if you and experience trader please help me, tell me what are they looking on first monitor and the second one.
what are the most important of being a forex trader?
does it need a specific time to do a trading?
thank you..
Hi,
There's actually no need to use multiple monitors when trading Forex.
Although multiple monitors do help a trader to better visualise relative price movements (i.e. compare movements between currencies and time frames), you can already do that using multiple "windows" in one single monitor.
Multiple monitors are honestly more a luxury than a necessity, at least at the retail trading level.
Now, to answer your other questions…
The most important thing about being a Forex trader is money management. There are many free resources available on the internet where you can learn from.
About your last question…
There is no specific (or compulsory) time to trade, although there are better times to trade than others. The better times to trade typically coincide with the London and U.S. trading hours because of the high liquidity.
Hope I've been of help to you. If you want more information, you may like to get a free copy of my Forex trading report at http://forexsystemprofits.com
powered by Yahoo Answers
Does Automated Forex Cash actually work ?
December 31st, 2008
Has any one used this software and made consistent profit from currency trading?
Never used it myself, but you can look for reviews about it on reviews websites like http://www.forextopten.com/ .
powered by Yahoo Answers