Who’s online There are currently 41 users online. Submitted by Edward Revy on May 26, 2009 – 20:14. Basic strategies – where the education for all beginner traders starts. Basic strategies use simple chart pattern recognition rules and one or two basic indicators. By learning to recognize and trade simple patterns, novice Forex traders will be able to make a much smoother transition to more advanced trading systems and methods.
Attention all traders: trading strategies are posted for their educational purpose only. Trading rules may be subject to interpretation. Planned risk levels may be increased dramatically under extreme market conditions. We recommend testing your trading system on demo account before investing real money. Active traders Poll – share your live experience or read what others have to say. Analysis: is it time to start regulating forex training programmes? Is the Bitcoin still the Libertarian answer?
The foreign exchange market, also known as the forex market, allows traders to profit from currency movements in real time. 5 trillion dollars are traded every day between various traders and financial institutions. Online forex trading has been available to individual traders since the 1990s. The number of online brokers has risen sharply in recent years and choosing a broker has therefore become increasingly complicated.