Forex Currently learning Forex, I would be glad to hear about your experiences

Richie, EURCAD double weekly support, I will wait a break-out of the parrallel channel to enter LONG. Thanks for your comments and advices.

 

Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Next Week, my strategy will be Long on the AUDCAD pair, here is the technical analysis:

 

Short strategy on the EURGBP in weekly datas the price is fluctuating in a descending channel, therefore the invalidation occurs if the weekly candle closes above the upper channel line, the take profit occurs when the price touches bottom trend line of the channel.

 

I've been trading CFDs for a while with Investous but quit as I got married and my daughter was born. Trading needs time, a lot of time. Just as with Forex, there is some risk involved, maybe more for CFDs than Forex because there's the leverage involved. Pay attention, there are money involved, put in the money that you afford to lose. Before starting to trade, do the steps that your teacher should have told you: determine your trading objectives and risk tolerance. One day, after gaining experience with Forex, try CFDs.Good luck!

 

If you want to trade in forex, you will have to learn all the basics of the forex. If you trade in the market without any knowledge, you will loss all of your money. I am also a trader. I am trading with [removed]. I learned about forex from a demo account. It helped me to understand the basics of forex. I learned how to trade, what should I keep in mind while trading. It also helped me to learn the techniques of forex and making strategy to make profit.

 

buy low sell high?

 

https://cdn.discordapp.com/attachments/423856016027942923/652963487491948555/w377.jpg may have finally hit bottom and bounced

 

A major loss causes stress, outrage, frustration, abhor comes up in the end. It can cause likewise questions about foreign exchange trading framework. Additionally perhaps you're pondering revenge against the broker or even the market. In any case, you gotta comprehend that there's no approach to recover that money without a reasonable cerebrum. Along these lines, what you can do is change your mentality. Fumes your mental self-hurting and different predicaments. Stop Loss (S/L) choice is imperative to achievement in forex trading. Remember to utilize it. Additionally, T/P (Take Profit) Option ought to be utilized at the same time with stop loss.