Basic Info

[Winston]

I wanna fill this up with info for newbies...

anyone got any suggestion?..

heheh

thanks...

[weglaufen]

Wells, is this section intended to be a one-stop access to nearly everything under the sun about forex?

For basic info, concepts such as 'pips', 'leverage', 'popular currency pairs', 'type of chart to use', 'support-resistance', 'popular indicators' etc would be a good start. :)

[Winston]

you got any friends willing to fill this up?..hehehe...

[herbertfx]

Thought it will be a good idea to take this thread again up that newbies like me can learn from more experienced traders.

[JYC]

Hi there,

I took a few classes on Forex trading with different schools. I find the most practical way to learn Forex Trading is to take classes with the right coach.

How do you know whether he is the right coach? If you don't know anyone to recommend to you, first, you attend the coach preview and if you feel it worths to pay that kind of money (which suits your budget) then take the class. However, you will never know whether he is the right coach, Only until you make $, then you'll know. If not, get another coach and try again.

The key of sucess in Forex trading is "diligence" and persistency. You must master your understanding from what the teacher taught you latest 1 month after the class is completed.

As you are learning new foreign language, you must be hard working to study reading charts and practice with demo account every day for about 10 to 15 minutes just to understand and review what you've learnt from previous classes. Exactly like how you studied when you were in school.

Most of my previous classmates are not good in trading because they (1) give up easily, (2) lack of consistent practice "daily" (3) lack of persistency in grasp of understanding.

All the best!

[HongHui]

help help....can some1 help me interpret this news for me as it concern for the future trend of USD/JYP
http://blogs.wsj.com/japanrealtime/2010/08/13/key-to-japan-forex-action-us-reaction/
Is japan trying to stop the appreciation of their value?