I try to start with forex trading signals but I have some important questions
- Which Forex pair should I trade?
- Should I buy or sell a particular Forex pair?
- When should I enter the market?
- What’s my ideal stop-loss?
- How much profit can I aim for?
I try to start with forex trading signals but I have some important questions
I think, you should get more knowledge about FX, because you don’t know how it works. Check the education section as a start
All trading pairs are open for you; but as a newbie you should go with only major Forex currencies like EURUSD; you can start with this one!
Open a demo account on a laptop (not on a mobile phone app) to practise and experiment on. Choose a regulated broker, ignore any social media marketing hype.
Any FX pairs are available to trade either by selling or buying. Newbies should trade the Daily chart and follow the price action trend. Enter on the 4Hr chart.
An ideal S/L is one that never gets hit, so give it breathing space which doesn’t blow your account if it’s triggered. Aim to have profits that outweigh your losses - this you will need to learn the techniques that keep your losses low, which is risk and money management.
Best of luck.
Thanks for your attention. Can you introduce me some useful source that can be helful?
Yes, this education site . Press the green button above and start your learning journey.
In case you didn’t see it.