Forex Market Basics
Forex For Beginners provides a 360 degree, comprehensive introduction to the world of Forex. There is a little bit of additional information elsewhere that you can learn as a Forex trader including some weekly webinars that are advertised, but otherwise it is a smaller site with less information than a lot of these other highly ranked websites.
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Success in online currency trading is not determined by your age, sex, social status or nationality, as everyone has equal opportunities and you are the only person you depend on. However, you should never consider Forex to be an easy way of making money and forget about the specific features of Forex market.
Key Takeaway(s) for 2016: This successful short trade on the weekly chart helped affirm (or re-affirm) the value and validity of trading higher time frames It also showed that trying to pick a bottom in hard-hit markets like gold and oil isn’t traders’ only choice; far from it, in fact.
This palpable excitement has led to the explosion of the retail FX market, which has unfortunately spawned a new breed of authors and gurus more than happy to provide misleading and often downright fraudulent information by promising traders riches while making forex trading ‘easy’.