I am developing an application to tell you how many lot you should trade on. Download a MT4 demo account to learn trading. I am also a newbie. Observe the chart pattern for few weeks and you will understand the overall picture to certain extent. If you have any questions, can refer to their f&q , if you cannot find the answer, can post it here and i think everyone is happy to help you:)Do you see the news that ECB is cutting its interest and it causes the EUR/USD drops more than 100 pips. UK remains their interest rate and traders are dissapointed at it so the GBP/USD also drop more than 50 pips.