Hi there I hope everyone is familiarized with the Forex way of talking
Who is the Forex trader dealing on a cost that can be obtained in the Forex Market?
You are obviously talking about the aggressor; he is the person on a cost that can be obtained in the Forex, good to see your thread, as it could result pedagogic and illustrative for newbies
I do have to agree this thread could be good but whoever is running needs to put in more information. Or else redirect people to other places where they can get the information themselves.
Migu, we could do that but just remind not to post links as we are not interested in host spammers in this threads, but to have an educational discussions and share useful information
Do you guys know the difference between bull and bear candle for example?
for example guys do you know that the process of buying a currency pair where a client pays you cash for part of the overall value of the position is called Buy on Margin
Guys do you know about history? Anyone here knows what was the Bretton Woods Agreement in 1944? � it has to do a lot with the forex basic rules�
Well in any case you can check educational sites, one of those could be yahoo groups or perhaps the tradeviewforex site
Well I am new to Forex and I think the difference between the bear and bull candles is the direction it is going. Bull up and bear down. Found it in the tradeview glossary.
That is correct the candles have a different name depending on the direction they are going. As you overcome your rookie stage you will learn to love the candles. The next thing is to learn how to read the candle groups.
Is that mean the candles are the best indicators for you? What about the lines or bar charts? Are no they good?
If they are not, can you explain me why?
I think that indicators are no more than that� indicators, meaning that they could guide you but is not something definitive, what people could do is to take in account the relevant indicators when implementing their strategy
You can have all the indicators in the world and still lose pips, the important thing is to learn how to read them. Once you learn how to read them you will be able to combine all of them to help you trade. No indicator will promise you pips.
I entirely agree with Santos, even having all the indicators, that can�t promise you pips. So you have to be sure which strategy are you using and follow the indicators accordingly, plus the lucky strike on your favor that surely will be generous with disciplined traders
Well guys I have benn doing my reasearch, you know I was commited to find pedagogic tools, clear and easy to understand educational sites and so on�I�m still checking sources but at the moment the best option I�ve found is the Tradeview forex site, especially useful the glossary, good place and there is a free download software to go forex� the metatrader 4
Hey Marcus I checked out that tradeview place, it seems ok but it leaves you with a taste in your mouth, like it�s not enough so I found babypips and it complements well. Good job.
Very truth Hale, feels better having compiled the best things from both sites babypips and tradeviewforex