I'm Newbie in forex

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Re: I'm Newbie in forex

Postby nevik101 » Wed Oct 01, 2014 7:40 am

hallo all.please would you help me with how to calculate pivot points separately for each trading session ie Calculate seperately for Tokyo, London and Newyork sessions

i want to try a new scalping strategy. will post progress with time. i just need to be sure how to do the calculations

thank you
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Re: I'm Newbie in forex

Postby Moreno » Sat Dec 13, 2014 9:35 pm

hello, I'm a newbie who start trading in frehforex. therefore I try to be active in this forum to add friends can share with each other and with other traders
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Re: I'm Newbie in forex

Postby darklot » Sun Dec 14, 2014 2:21 pm

When you first start out, you should definitely open a forex demo account and try out some demo trading. This will give you a good technical foundation on the mechanics of making forex trades and get used to using a trading platform. Demo account is the best way to learning without risk. i've been with many brokers for past years, shift brokers often, as for now i use armada markets platform as primary use brokerage service, you may want to take them into your consideration.since i use mt4 platform, mean no sofware cost, no data feed fee, while i;m with ecn account type the execution are fair and fast. you may want to check their live spread during next tradign days
http://quotes.armadamarkets.ee/livegrap ... uotes.html
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Re: I'm Newbie in forex

Postby Moreno » Sat Dec 20, 2014 10:32 pm

I am also new to forex trading and forex in my opinion is a business that has a lot of advantages. to start we could use the forex demo account, with a demo account then we will be able to trade with the maximum and comfortable
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Re: I'm Newbie in forex

Postby darklot » Sun Dec 21, 2014 5:14 pm

learning and practicing for the psychology, so using a real account will be better. But make sure to make deposit in less margin. as beginner better start to put more value with their account since the beginning. have a spread cost into consideration, while naturally the lower the spread the better for any trading strategies. any expert traders would prefer low spread trading condition, so why beginner trader wouldnt do the same then. personally i would recomend my current broker Armada markets, though its comission based, they offer quite good spreads, won't say raw but with a relatively low markup. Would advice to beginers to move on comission based platform, it can appear to lead to more expenses while it is not the case when getting down to the real practice.
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Re: I'm Newbie in forex

Postby Moreno » Sat Jan 17, 2015 3:39 am

for newbie I think it would be better if we could try to trade comfortably and maximum in a demo account first. With the demo account then we will be able to understand well the forex. after which it can start trading using small capital as $ 5 in freshforex
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Re: I'm Newbie in forex

Postby rohmatul » Sat Feb 14, 2015 2:34 am

Moreno wrote:for newbie I think it would be better if we could try to trade comfortably and maximum in a demo account first. With the demo account then we will be able to understand well the forex. after which it can start trading using small capital as $ 5 in freshforex


Right guys, let's practices in demo account first. make your self more understand in forex trading.
While you are practicing, you must learn it seriously or anything will be useless
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Re: I'm Newbie in forex

Postby small_pips » Sun Mar 01, 2015 1:23 pm

trading in demo do not make me curious to gain profit sir, can you suggest me some idea??
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Re: I'm Newbie in forex

Postby darklot » Mon Mar 02, 2015 2:34 am

If you are new to the forex market, dont scalp on your first live account. The complicated nature of these approaches means that rookie traders can get eaten alive, so only veteran traders with nerves of steel should consider playing the currency exchange market at any scale. unless you're know what you're doing scalping method are dangerous strategies to start out. perhaps many new traders willing to double their account overnight. the most important thing is, not all brokers are capable to handle scalping strategies, I've done these research for years among many brokers, and my last discovery are with Tickmill ECN account, it apprear give better result among other brokers I held with, while implementing exact same trading strategies (EA).
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Re: I'm Newbie in forex

Postby david100 » Sat Aug 22, 2015 8:27 pm

As a newbie in forex you should be very careful and learn more and more because without learning it is impossible to trade successfully in Forex.
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