Ever wondered How to Start in Forex trading? Well here you will get your first lesson. The best way to learn how to start trading forex is to follow these rules:
2 – Subscribe to Forex Signals Subscription and place on demo to learn.
3 – Read our Free Forex Signals Learning Guides
With so many Forex Strategies to learn, its important to try find a strategy that best suits you. We firstly work with regulated brokers. Which plays a big role when learning the forex market. Secondly we offer educational and informational forex trading signals for you to place on the demo or live accounts at your own risk and to learn from. Thirdly we offer you an option to read our free forex signals learning guides in order to help educate your mind on what the different forex explanations are.
Live Forex Trading Signals by FxPremiere are sent daily via WhatsApp, Telegram and Email. Learn forex trading with how to trade forex today with our simple guides! Its free and easy to learn.
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Unlike most financial markets, the OTC foreign exchange market has no physical location or central exchange and trades 24-hours a day through a global network of businesses, banks and individuals. This means that currency prices are constantly fluctuating in value vs each other, offering multiple trading opportunities.
At City Index, you can speculate on the future direction of currencies, taking either a long or short position depending on whether you think the currency’s value will go up or down.
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FOREX SIGNALS DAILY SUBSCRIPTION EXAMPLE
SELL STOP ▼ EURGBP @ 0.85516 FINAL TAKE PROFIT 0.84943 STOP LOSS 0.85853
SELL STOP ▼ EURUSD @ 1.11851 FINAL TAKE PROFIT 1.11025 STOP LOSS 1.12675
BUY▲ USDCHF @ 0.90389 TAKE PROFIT 0.90646 STOP LOSS 30 PIPS
SELL ▼ EURUSD @ 1.35263 TAKE PROFIT 1.34862 STOP LOSS 30 PIPS
SIGNALS ARE SENT ANYTIME DURING DAY!!!
Live Forex Signals sent daily via Whatsapp, Telegram and Email from FxPremiere Group. For Major currency pairs including Gold and OIL.
FX Trading Step
1. Choosing a currency pair
Decide which currency pairs you wish to trade. With over 69 currency pairs to choose from, picking a trading opportunity that’s right for you is important.
FxPremiere technical and fundamental research tools can help you spot currency trading opportunities to suit your trading style. We recommend that you take your time to understand the amount of price volatility associated with the currency pair to help manage your risk.
2. Decide on the type of FX trade
There are three ways to trade forex with CFD or Forex Trading. Each has its particular stake size:
In CFD trading you trade a quantity of CFDs in the unit of the base currency (currency on the left). For example if you trade GBP / USD your stake would be in Pounds, while in USD / JPY your stake would be in US Dollars
In Forex trading you buy lots, in the unit of the base currency (currency on the left) How to Start in Forex.
For example if you trade GBP / USD your stake would be in Pounds, while in USD / JPY your stake would be in US Dollars (the minimum stake size is 1000)
Decide to Buy or Sell a Currecny
You need to know the current price it is trading at, which you can do by bringing up an order ticket in the platform. All forex is quoted in terms of one currency versus another. Each currency pair has a ‘base’ currency and a ‘quote’ currency. The base currency is the currency on the left of the currency pair and the quote currency is on the right.
BUY a currency pair if you believed that the base currency will strengthen vs the quote currency, or the quote currency will weaken vs the base currency.