Hi Pip’ers,
I’ve recently been introduced to the world of forex and interested in learning more about various methodologies in how to maintain consistency and what events to look for that could cause concern.
Cheers
Rupert
Hello. Try demo account first to learn and test trading.
Good to have you at the forum mate. Lot to discover for you as of now, try to go step by step, no rush. And don’t forget to demo trade for a few months.
For that purpose, you must go demo trading. When you practice on your demo account, there are chances of you getting a better understanding of the market.
Hi @rubarksfield - welcome to babypips and forex trading.
start with a demo account as has been said and stick to the daily time-frame. On this scale, there are only two events in the calendar to watch out for - monthly US non-farm pay-rolls, plus interest rate changes for the currencies you are trading in. In both cases, its uncommon to be so cautious as to close all the positions prior to these events, more usual to use a stop-loss and/or screen-watch live through the market reaction.