hi there guys am new to forex , am from india

[hiralal]

Hi
i am new to forex , although around may be couple of years back i tried it and lost my capital..I used to Literally gamble back then ..Now i am reading and i wont be goingLIVE after learning and practising for at least 3 months of demo ...

I started with the school of pipsology am still at the elementary level but am also looking at various videos on youtube ..learning chart patterns ( SS,hammer etc ) Now i find this very interesting and am actually loving to read more on any of the topic ...

Any advises will be really helpful to me ..ill update on my progress( in reading ) may be in this thread or other .

[wmorris3825]

It sounds like your on the right track! Here are the sites I use daily for news and economic data

This site
Bloomberg
Forexpros
Dailyfx
Dukascopy

[hiralal]

It sounds like your on the right track! Here are the sites I use daily for news and economic data

This site
Bloomberg
Forexpros
Dailyfx
Dukascopy

thanks for your input am adding the information to my virtual e-library

[Haley12]

As you belong to India therefore you must be well familiar with rules for forex trading in India.

Website: Reserve Bank of India

[hiralal]

As you belong to India therefore you must be well familiar with rules for forex trading in India.

Website: Reserve Bank of India

thanks i will look into it ..didnt knew we had diff rules .

[dudest]

Hi
i am new to forex , although around may be couple of years back i tried it and lost my capital..I used to Literally gamble back then ..Now i am reading and i wont be goingLIVE after learning and practising for at least 3 months of demo ...

I started with the school of pipsology am still at the elementary level but am also looking at various videos on youtube ..learning chart patterns ( SS,hammer etc ) Now i find this very interesting and am actually loving to read more on any of the topic ...

Any advises will be really helpful to me ..ill update on my progress( in reading ) may be in this thread or other .

Hi Hiralal,

Hop over to this thread: Forex Price Action
It's a goldmine of info and live trades, you'll come to see
Start from the first post, and work your way through ( first 20 pages of the thread is enough for the overview ); and you can also post your trade questions.

All the best!

Cheers

[hiralal]

Hi Hiralal,

Hop over to this thread: Forex Price Action
It's a goldmine of info and live trades, you'll come to see
Start from the first post, and work your way through ( first 20 pages of the thread is enough for the overview ); and you can also post your trade questions.

All the best!

Cheers

Thanks a Ton mate , really appreciate it !!!!

[hiralal]

thanks for the input @ dudest .

[peterma]

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I think 3 months apprenticeship could be way too short - I'm still learning after reading my first book on head & shoulders 16 years ago.

[Akay12]

I would advise never to risk more than 2% of your capital on any one trade. Treat FX as a long term learning project. Don;t be in a hurry to mint gold.