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Forex Trading: A Beginner's Guide
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Welcome FXGears' Forex Trading Community! Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! ---- We also have one of the largest forex chatrooms online! ---- /Forex is the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and has developed such tools as the chart bot you'll find available in chat.
Forex site where I can invest in the Colombian Peso (COP)?
Hi, Don't know if this is the right forum for this question, but I could not think of a better one. Hoping someone here might point me in the right direction :) I am an American that was planning to move to Colombia this month and buy a home there in an area where my friends and some family live. That plan has been delayed by the covid19 epidemic travel restrictions. However I've noticed the plummeting value of COP/USD and am interested in converting some of the money I had saved for a home into COP now in anticipation of proceeding with my move when this epidemic is over. I signed up for an account on forex.com, but they don't seem to offer the Colombian peso. Can anyone suggest a site where I would be able to invest in COP? Thanks very much
Forgive me if this has been asked before but I've been trading crypto for a while but hope to move to something bigger. I've been reading a little and trying some demos but I'm kind of scared to actually put my money into these sites. Is it worth it? Would love to hear your experience!
As we have an off day, I wanted to give everyone a look at the Mod side of things. Here's the stats for this week in terms of bans and links removed. This does not include actions by me such as stickying or locking the daily threads, just removal of shit links. All of this is since last Sunday, March 25:
10 user accounts banned. Note: 7 of those were "new" accounts, as in they had <1 month or < 10 posts
4 accounts flagged. These are people who broke our rules but may have done so inadvertently. Note: flagging is not a function of Reddit, it's just me writing them down for future reference (future banning).
59 actions by AutoMod or Humie Mods; this is mostly removing spam links, and includes the 10 bans.
So a guy working in an online forex site contacted me saying that I can profit from the Mario Draghi speech.
So I am sure these guys make money just by their clients investiing, but he said that he'll explain me his thought process and then I'll be free to chose whether to listen to him or not. Oh he also mentioned that his boss used to work at wallstreet and he will be doing the whole thinking. We are talking about a small investment he said that the return rate of that investment is 25%-30% a month for the next 2-3 months (which I am skeptical about) . What is your opinion guys .I think that there are a lot of factors when choosing to go long or short but if a lot of people follow what mario draghi says maybe the trend can go in that way and we can all profit ??
We have started Forex Stat.us a month ago and are exploring avenues where to publish and spread our content. What sites do you usually read? What do you like of those sites and what is the feature that you miss on them?
Foreign exchange fraud is any trading scheme used to defraud traders by convincing them that they can expect to gain a high profit by trading in the foreign exchange market. Currency trading became a common form of fraud in early 2008, according to Michael Dunn of the U.S. Commodity Futures Trading Commission. The foreign exchange market is at best a zero-sum game, meaning that whatever one trader gains, another loses. However, brokerage commissions and other transaction costs are subtracted from the results of all traders, making foreign exchange a negative-sum game. Becareful before applying on an Forex trading Platform . Dont try this Forex Trading with amount of money you cant afford to lose because you will lose your money Most Forex sites are scams . i was lucky to recover my lost funds using Hacking Clubs Scam rescue team . Hacking Clubs Scam Rescue Team is Very much effective and promising company I've ever seen.Hacking Clubs Scam Rescue and team guided me through the way of my fund recovery very easily. The staff is so friendly and you can get in touch with them any time for your any doubts and queries. I had a successful and profitable experience with them. [email protected]
I was doing a double take to look at the fees on coinbase and I realized it is by far the highest in the industry. Even my backwater offshore forex sites that charge a 22% spread which I thought was criminal are half as much as coinbase. .22% vs .50% on coinbase. I just saw even more bad news. Apparently the holding company for ledgerX the exchange did a hostile take over and put the CEOs on administrative leave. I find it extremely fishy that the only non legacy wallstreet derivative exchange that is regulated in the united states has repeatedly had huge set backs and drama, it strikes me as though there is a concerted effort by the likes of Baakt, Fidelity, and CME to engage in monopolistic behavior. Then we look at the total shitshow that Bittrex became, and then Poloniex boots Americans completely, Binance is forced into making a US division which they give executive powers to a ripple wallstreet CEO. Local Bitcoins is shut down. Mnuchin on tv making open threats to bitcoiners. ICO bans. Endless IRS bullshit. What blows my mind is that the obvious isn't obvious to the average american crypto user. That the government is making concerted anti free market decisions to absolutely knee cap our options, driving exchanges out of the space and colluding with Brian Armstrong while basically doing everything it humanly can to give the reigns to wallstreet with extreme and I mean EXTREME intermediary custodian bullshit by the likes of fidelity. They refuse to give us regulated high leverage derivative platforms, don't allow retail to even fucking use CME or Baakt. Honestly the only good regulated platform left is Kraken. If they take Kraken I'm just hodling and resorting to legacy finance where I can at least trade crude oil in fucking peace. The point of the story, is that Andreas Antonopolis is right about everything. We need an interchain, we need full DeFi unseizable DEX ecosystems with no FUCKING EXCHANGE NO FUCKING EXCHANGE REGULATED BY THE USA NO NO NO. We need defi everything. I saw a guy in china working on building a DEX version of bitmex, I say good riddance, DEX everything, until there's nothing left to DEX. Host it all on IFPS. You sheeple really gotta wake up and stop letting the boomers regulate us into poverty, the regulatory situation in the united states is disgraceful. They are trying to make bitcoin not bitcoin. If you give them an inch they will take a mile. We need the #interchain with the likes of plasma and cosmos, and raden, and so forth. These son of a bitches keep talking about intermediaries. and custodian this, and everything about goddamn walstreet, Take a look around, look at cash app, coinbase, bitterex, poloniex, gemini, the options for US citizen are a steaming pile of horse shit. We can't settle for this.
Forex recommendations website There are many websites that offer Forex currency recommendations. Also, there are many Forex sites that offer good recommendations. But based on practical experience, you find these sites substandard One of the sites with good and steady performance that deals with the Forex market with the realism of the website of the Forex Axes, an Arabic site established in 2009 www.forexseas.com Fxybank.com is an English site that provides Forex recommendations and other useful Forex services www.fxybank.com
Is it me, or is the quiz offered on this Forex training site wrong?
I'm still learning, so I could be wrong, but I can't figure out why my answers to this training site's Forex test were wrong, so I'm not sure I should trust this site. Here's why I think they're each wrong, can someone let me know if I'm wrong on any of these and why?
You can't translate pips to a flat profit amount, it depends on the percent change.
There are 4 major currency pairs, the others are commodity currencies, but not considered majors.
Liquidity is about a tighter spread, and there being more buyers/sellers available, not how much it moves.
The S&P 500 isn't necessarily the 500 largest, but is constructed based on a few other criteria besides just size.
DailyFX is forex broker FXCM’s free daily news site. It is a great source for up-to-the-minute market news and technical and fundamental analysis. It provides an economic calendar of major news releases along with free forex charts, and it has a forum where you can discuss your trades with other traders. RatesFX Forex Factory is the site I use to check when new market news is coming out and the expected impact. 2. FX Street. FXStreet.com is one of the absolute best forex news website around. This site offers tons of updates as well as provides several amazing features that any top forex news sites should have. ... The global foreign exchange (forex) market is the largest and most actively traded financial market in the world, by far. When looking for the "best" forex broker, both beginners and experienced ... Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or ... FOREX.com is a registered FCM and RFED with the CFTC and member of the National Futures Association (NFA # 0339826). Forex trading involves significant risk of loss and is not suitable for all investors. Full Disclosure. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act.
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