Forex for Dummies.

Egwig · #1 (**permalink**) 28-08-2009, 10:22

Forex.com have issued a nice little Dummies booklet for learning the basic ins and outs of Fx.
You can find it here.

https://secure.efxnow.com/forex2/eng/ct-dummies.pdf

Egwig

darrell · #2 (**permalink**) 15-01-2010, 01:41

not to many dimmies n 4/x

ollynick · #3 (**permalink**) 17-02-2010, 14:28

Can you confirm whether EURJPY and GBPJPY will continue on bullish trend till next week?

Quote:

Originally Posted by darrell

not to many dimmies n 4/x

jason · #4 (**permalink**) 25-06-2010, 18:21

The forex newbies should keep things very simple. There are a lot of very complex forex strategies and systems out there. The assumption is that the more complicated a system is, the better because a fewer amount of people use it. That is not necessarily true. If you use a strategy that many people use, then you are following the crowd, and you can make that work for you.

Once you have found a forex strategy or system that you clearly understand how it works and that is ultra simple, then you should test and practice using it. By testing I don't mean see if it is a viable strategy. If it is a basic technical analysis trading technique like support and resistance or trading based on a moving averages, these are widely accepted strategies that many traders successfully use.

adria · #5 (**permalink**) 11-08-2010, 05:56

Quote:

Originally Posted by ollynick

Can you confirm whether EURJPY and GBPJPY will continue on bullish trend till next week?

The Dollar gained versus the Yen and moved upwards from the 85 low to the 86 zones according to the main trend of dollar\'s strength across the board and in expectation for the Interest Rate Decision in Japan. Holding above the support level of 85.30 turns the momentum to positive for the pair. Overall, USD/JPY traded with a low of 85.24 and with a high of 86.04. Today, the Interest Rate Decision is expected unchanged at 0.1%.

shirley · #6 (**permalink**) 21-08-2010, 12:54

Quote:

Originally Posted by Egwig

Forex.com have issued a nice little Dummies booklet for learning the basic ins and outs of Fx.
Egwig

It really looks like a nice site to me. And I strongly feel that it will be of great help to forex newbies. It also has vast details that could be of help to many of us.