Hi All,
I want to know that How exactly Forex Trading works. A search about all the times but confused and want to solve my confusion before start of this business. I has following queries if you can solve it then it will be your great kind help for me.
1- How exactly forex trading works? I have installed software with demo account.
2- From software When I can buy and when I can sell? From where I can get information that this is for sale and How much I am getting/
3- How can I sell? How can I buy?
4- How I will get money or How and were I can deposit money?

I am from UAE want to work from office. I am an employee so Is it good for me.

I am waiting for your replies and valuable information.

Thanks in Advance

I would appreciate the expertise and experience of professional traders

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PS. In these contracts I know options on stock control 100 shares therefore the quoted price is multiplied by 100. How does this work for options on whatever the Euro type option is?

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I hear from a lot of places that trading without indicators is the best way of trading. How does one do that though? Is there a software that just gives signals? preferably for metatrader???

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If the dollar depreciates against the yen, U.S. goods sold in Japan would become ________ and Japanese goods sold in the United States would become ________.
cheaper; more expensive
more expensive; more expensive
cheaper; cheaper or
more expensive; cheaper

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Any tips or certain companies you would recommend? How can I verify for myself they are real?

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what is the big fact of the forex trade? Is it all about losing your money trading to get a real profit that you will never seen, or its a real trade that you can make some extra profit with some learning and market studies?
I heared a lot of stories about forex, some says its only for Banks and others who control the market, some says its for every one .. I’d like to get a clear answer .. is it a real trade?

I take in consideration that the company i deal with must be trusted and have a number and all that trustship consideration.

Thanks all

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I mean, is it just my broker who is aware of any such order or do the big international investors also aware of it?

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what news do i read? any help would be great thankyou.

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Please only answer if you have travelled to Europe or Japan.
It is embarrassing and depressing that the dollar is so worthless.
Sane- I get my information from travelling twice a year to those places and seeing how little my money buys, where do you get your "information"?
I asked for people who travel to those places ONLY to answer…

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is there any good software or robot by using that i can boost my forex knowledge/work??? recommend the one which u used personally

About 3 years ago I was introduced to the FOREX market. I took a stupid technical analysis course which taught me almost nothing about application of technical analysis, just meanings behind formations and candlesticks. I invested 5k with FXCM and started trading. I lost the 5k in 2 months, and at the time, 22 years old, losing that much money was devastating. I have been running demos since then trying to figure out my problem. Finally, after three years, I am profiting in demo’s substantially. Each thirty day demo I have ran in the last 3 months has had 50-100% gain. I feel so comfortable reading charts and analyzing economical data, I never thought I would be this way. I have been studying the market and patterns daily for 3 years straight.

Anyone with REAL experience, think I am ready to give it another shot?
Yes I know all about retracements, fibonaacci elliot wave, flag formation, pivot points, moving averages. all which i use. I understand the basics completely. emotionally, i think i will be fine, because i have a system and only move into trades if they meet my conditions.

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I have learned and I’m currently learning more and more about currency speculatrion, and I’ve set up a practice account. I know that the foreign exchange markets (Forex), creates more money in profits everyday than the entire stock market in 1 year which is a collosal daily intake of .8 trillion per day, about .5 quadrillion in 1 year. I also know that there are only 5% of currency traders that succeed because they expand their education and practice before they do the real thing. The other 95% of traders either have a mentality and think its a get rich business, or don’t invest time to educate themselves and don’t set up practice account to get the hang of it, or a mixture of all three. What I’d like to know is, is it true that a new millionaire is made every day trading Forex?

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So you still get like 100:1 or 200:1 leverage without getting your credit checked?

There are many sites say Forex.com, which are US based where I find difficulty in opening demat/trading account, settlement of funds due to legal barriers. Hence I want Indian based currency trading platform. Kinldy help me

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any advice for trading this way on the m5 forex chart?

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3 weeks ago it was at .50 to the euro, today at .42

do you think the trend will continue?

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I know it jumps up and down but I need an average rate to go by.
Or rather what is the formula for finding the rate?

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What are the caveats to this?

Any other details you can share?

Does this complicate filing taxes on gains at all?

Is there any Kind Soul in this forum who can help me setup a simple FOREX trading system.

This effort is intended to give job and meal for the lower class in under developed world.

I expect that the system is considerably simple to operate and give consistent return per week.

Thats all I think. Thank you in advance

Trading is a very lonely venture and trying to stay up in the early morning to trade can be a bit difficult. Having a trading buddy would be a good way to go. So if anyone is interested please contact me at sonettew@yahoo.com

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