How to Read Currency Pairs: Forex Quotes Explained

Forex News — The #1 Place to Discuss Currency News

A subreddit to aggregate and discuss all important Forex news from the top sources.
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/r/Forex Trading Community

Welcome to FXGears.com's Reddit 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.
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Algorithmic Trading

A place for redditors to discuss quantitative trading, statistical methods, econometrics, programming, implementation, automated strategies, and bounce ideas off each other for constructive criticism. Feel free to submit papers/links of things you find interesting.
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Top 5 Website To Read Forex News | Best Forex News Website | Best Forex ...

Top 5 Website To Read Forex News | Best Forex News Website | Best Forex ... submitted by DigitalSavera to u/DigitalSavera [link] [comments]

Overbit News: The GBP/USD pair rose 0.22% 📈, jumping to $1.2952 as hopes that negotiators between the UK and EU would be able to salvage some type of Brexit negotiation. Read more forex market movements here

Overbit News: The GBP/USD pair rose 0.22% 📈, jumping to $1.2952 as hopes that negotiators between the UK and EU would be able to salvage some type of Brexit negotiation. Read more forex market movements here submitted by JuniceLiew to Overbit [link] [comments]

Overbit Weekly News: Sentiments are plummeting for the entire financial markets sector! 📉 A massive selloff in Gold, Bitcoin, and Forex - due to the rising US Dollar. Read more here:

Overbit Weekly News: Sentiments are plummeting for the entire financial markets sector! 📉 A massive selloff in Gold, Bitcoin, and Forex - due to the rising US Dollar. Read more here: submitted by JuniceLiew to Overbit [link] [comments]

Now that there is a new President of the United States of America, how would you trade the major currency pairs against the US Dollar? Try your hand at trading #Forex on Level01, the World’s 1st #DeFi Platform with AI-Guided Derivatives #Trading App. Read our guide here

Now that there is a new President of the United States of America, how would you trade the major currency pairs against the US Dollar? Try your hand at trading #Forex on Level01, the World’s 1st #DeFi Platform with AI-Guided Derivatives #Trading App. Read our guide here submitted by Level01Exchange to Level01io [link] [comments]

Which news do you read for forex trading?

What is your main source where you get your news information before trading forex?
submitted by zachnboggs to Currencycom [link] [comments]

Now that there is a new President of the United States of America, how would you trade the major currency pairs against the US Dollar? Try your hand at trading #Forex on Level01, the World’s 1st #DeFi Platform with AI-Guided Derivatives #Trading App. Read our guide here

Now that there is a new President of the United States of America, how would you trade the major currency pairs against the US Dollar? Try your hand at trading #Forex on Level01, the World’s 1st #DeFi Platform with AI-Guided Derivatives #Trading App. Read our guide here submitted by Level01Exchange to u/Level01Exchange [link] [comments]

Start your Monday morning fresh with Overbit's Monday Madness and get all the latest week's Crypto and Forex trends all from one source. Read the news here

Start your Monday morning fresh with Overbit's Monday Madness and get all the latest week's Crypto and Forex trends all from one source. Read the news here submitted by JuniceLiew to Overbit [link] [comments]

Surge of New Forex Traders? Read this!

I've noticed that about 2,000 people have joined the Forex community in the recent weeks. Has anyone else noticed this? I suspect this is because of the lay offs due to the corona virus, and people are frantically looking for ways to supplement their incomes. While I'm glad that people are trying to better themselves and take control of their financial situations, I have to admit that the daily "newbie" questions are getting quite annoying. And it's not because there are new, inexperienced traders asking for help, but it's because the questions are more-less the same questions. I know there is a pinned "New Traders" section at the top of the thread, but it seems it isn't catching much traction.
But first, to the new traders I'd first like to say:

Welcome! This will be a tough journey, but it will pay in dividends (not literally).
A couple tips before we start:
FIRST, see the pinned New Traders section of Forex
SECOND, go to babypips and take their FREE courses where you will learn the basics. I never did because I'm an idiot, and it took me many years of trial and error to succeed in this game. Don't be a lemon like me, go to babypips.
Now my basics;
Always have at least a 1:2 Risk:Reward. Simply put, risk at least $1 for $2.
Always set a stop loss and take profit.
In the beginning, I find it best to give new traders a black or white, go-or-no-go trading strategy. Trade mechanically. While discretionary trading is profitable, you need years of experience and time in the charts to be good at it. It could be something like, "I only trade low volatility break outs on the 4hr. Any candle below x ATR and I will enter via stop order at the high/low of that candle. My sl will be at the high/low of the entry candle, and I will look to make at least 2 reward on that trade. I will risk 1% per trade, even on demo, and I will trade in the direction of a 10 period moving average" This is a VERY crude strategy, one I just pulled out of my ass, so don't go using it and blowing your accounts!
I recommend starting with 1 pair in the beginning, at MOST 3. And I recommend not swapping into different pairs. Keep those 1-3 pairs.
Once babypips is completed, demo trade. Put time in the charts and develop a strategy (mechanically, preferably). Your strategy could be as complex or as simple as you like. Simplicity is genius in my opinion, but you do you. I'm not trying to sound like an ass, but everything you really needed to learn you learned from babypips.
With that said, DO NOT pay for courses from ANYONE. They will often know the same as you, if not less. In my opinion to be really great in this game you don't need a lot of information., and capitalize on every opportunity. You just need to be really good at one style and max that the hell out. For instance, being really good at low volatility breakouts, and having a system based off that. No amount of schooling (high school, college, or courses via Forex gurus) will make you successful. It's one thing to know a strategy, but to implement it in real time with real consequences is daunting. The only way to conquer this is to simply do it. Trade.
Trade with an amount of money you can emotionally and financially afford to lose! I would even recommend starting a live account with $50 and only trading micro lots (0.01) until you become comfortable and your strategy proves successful. This is AFTER demo trading your strategy.
Master yourself before you master the markets. Work out. Feed your brain. Get enough sleep. The money you make or lose isn't worth your health.
Psychology. In my opinion the best psychology you can have while trading is a form of stoicism. You've placed your trade based off your strategy, you managed your trade based off your strategy, and you risked an amount you've told yourself you were comfortable losing with an account you told yourself you were comfortable blowing, so what's the worry? Why the second guessing? Everyone's heard that story, right? Where a man goes to a successful "guru" and says he wants to be successful. The guru says, "Ok. Show up at the beach this time tomorrow." The man shows up at the beach in a suit and tie, ready for success! The guru tells him to get in the water. Once in, the guru holds the mans head under the water, drowning him. At the last second the guru lets him up and says, "once you want success as much you wanted to breathe, you'll be successful. That's what you need to be like. You need to be willing to do what is necessary and put in the work. It's not easy. You're going to lose money, maybe even blow accounts. You may struggle for years without a return, or even lose money over that time. How bad do you want it success, though? And are you willing to drown to attain it?
Best of luck new traders!
Experienced traders, please feel free to add things or tell me I'm a goof in the comments.
submitted by SandfordKing to Forex [link] [comments]

After months-worth of preparation, Forex and CFD trading provider BDSwiss finally launches its Research Portal. Click here to read more. https://www.financebrokerage.com/bdswiss-promotes-new-research-portals/

After months-worth of preparation, Forex and CFD trading provider BDSwiss finally launches its Research Portal. Click here to read more. https://www.financebrokerage.com/bdswiss-promotes-new-research-portals/ submitted by FinanceBrokerage to u/FinanceBrokerage [link] [comments]

Read this new article on European Forex brokers

Read this new article on European Forex brokers submitted by BestFXBrokerEU to u/BestFXBrokerEU [link] [comments]

10-25 05:03 - 'Welcome To CRYPTOWEST Telegram Support Group. [link] / Kindly read through this pinned message to get started. / About CRYPTOWEST.UK / Cryptowest.uk is a new advancing and promising Forex investment company which is regi...' by /u/Eriksneijder removed from /r/Bitcoin within 130-140min

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Throughout many years our experts have worked in leading companies trading on Forex market. However, in early 2018 we decided to establish our own personal action team. Fruitful interaction and the pursuit of further growth have pushed us to the legalization of our investment activity in United Kingdom and beyond.
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Our company employs only professional traders, programmers, analysts, economists and financial experts with experience of at least five years in the field of online trading. Therefore, they are able to evaluate the risks and the situation in the foreign exchange market, to make forecasts products and to choose the most successful moments for the transactions.
The company's success is achieved through accurate calculation, prediction and the ability to choose the right strategy. In addition, success is achieved through continuous improvement of business strategies and the adoption of innovative solutions in the Forex market.
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'''
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Author: Eriksneijder
1: crypto*e*t.u* 2: b*ta 3: c*yp*owest.*k 4: cry*towe**.uk
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

It feels always great if huge news portals write about us. Today, G6 Financial wrote about contribution made to our ICO. Read it now: https://gsix.org/billionaire-william-sheppard-just-invested-almost-million-dollars-on-this-ico/ … #ICO #FinancialFreedom #cryptocurrency #trading #forex #whitepaper

It feels always great if huge news portals write about us. Today, G6 Financial wrote about contribution made to our ICO. Read it now: https://gsix.org/billionaire-william-sheppard-just-invested-almost-million-dollars-on-this-ico/ … #ICO #FinancialFreedom #cryptocurrency #trading #forex #whitepaper submitted by irina0704 to cryptocurrencynewico [link] [comments]

It feels always great if huge news portals write about us. Today, G6 Financial wrote about contribution made to our ICO. Read it now: https://gsix.org/billionaire-william-sheppard-just-invested-almost-million-dollars-on-this-ico/ … #ICO #FinancialFreedom #cryptocurrency #trading #forex #whitepaper

It feels always great if huge news portals write about us. Today, G6 Financial wrote about contribution made to our ICO. Read it now: https://gsix.org/billionaire-william-sheppard-just-invested-almost-million-dollars-on-this-ico/ … #ICO #FinancialFreedom #cryptocurrency #trading #forex #whitepaper submitted by irina0704 to ico [link] [comments]

It feels always great if huge news portals write about us. Today, G6 Financial wrote about contribution made to our ICO. Read it now: https://gsix.org/billionaire-william-sheppard-just-invested-almost-million-dollars-on-this-ico/ … #ICO #FinancialFreedom #cryptocurrency #trading #forex #whitepaper

It feels always great if huge news portals write about us. Today, G6 Financial wrote about contribution made to our ICO. Read it now: https://gsix.org/billionaire-william-sheppard-just-invested-almost-million-dollars-on-this-ico/ … #ICO #FinancialFreedom #cryptocurrency #trading #forex #whitepaper submitted by irina0704 to ICOCryptoInfo [link] [comments]

new to forex and need a second opinion to ensure i read this right

new to forex and need a second opinion to ensure i read this right
Hi all

I am new to forex and been trading for a few months and had my confidence knocked last week in the flash crash. I been studying the EuUsd and came to the conclusion to long this currency based on the following chart. Am i right in thinking this has a strong possibility to go up?
https://preview.redd.it/516dkajeou821.png?width=2514&format=png&auto=webp&s=409b7211744cc3363697a14e0430060aac11496d
submitted by McGrady1989 to Forex [link] [comments]

02-18 03:33 - 'U.S. Dollar Dipped 1.4% Last Week Despite Strong January CPI Readings' (razor-forex.com) by /u/DarthFace1 removed from /r/news within 24-34min

U.S. Dollar Dipped 1.4% Last Week Despite Strong January CPI Readings
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Author: DarthFace1
submitted by removalbot to removalbot [link] [comments]

Looking for a new Forex book? Read on. [Book]

Hi all,
Some of you may be aware that I've written a Forex book called Growing The Money Tree. Well, the paperback just came out and I should have the Kindle version ready by the end of the month. In order to garner some interest, I'm looking to give away 10 PDF copies of the book in exchange for an honest review on Amazon.com.
An excerpt from the book can be found here in case you want to see what I'm writing about. The book also has a website here for those who are interested.
I'll check this post in a week and randomly choose 10 people who comment. The book is aimed at those who are completely new to Forex, but anyone interested in how algotrading works might be interested in the second part of the book, where I go through how I implemented algotrading myself. Not HFT by any means, but interesting nonetheless. Thanks all!
EDIT: The draw is complete! Thanks to everyone who entered. If you didn't win, no worries! The book is available on Amazon in Kindle, Paperback and Hardcover formats. Thanks again everyone, and happy growing!
submitted by GMTao to Forex [link] [comments]

Imagine the day when this headline reads something like: "Dollar Slumps Against Doge After Jackson Palmer Comments '1 DOGE = 1 DOGE' and Other Top Forex News."

Imagine the day when this headline reads something like: submitted by bigreddmachine to dogecoin [link] [comments]

New to Forex trading or the /r/Forex sub? Read the Sidebar and the Beginner's Info/FAQ First!! ==>

As it says in the title: if you are new to /Forex or to Forex trading it is essential that you read the Sidebar and the Beginner's Info/FAQ first. 99% of all questions are answered within.
Need a list of resources? Go to our List of Resources link.
Looking for a chatroom? We have one! Check the sidebar.
Also, please familiarize yourself with this sub's Four rules, found on the sidebar.
Thank you!
THE MOD TEAM
submitted by El_Huachinango to Forex [link] [comments]

Price Action...

Ok so I'll admit, I was not a fan of price action until recently. I was watching NNFX and I thought it was useless, part of the problem was that I was too lazy to bother trying it. But the more I browse this sub, the more interested I am. However, I am not completely cutting out my indicators and I'm gonna try both. But I have some questions:
  1. Can you trade using price action on longer timeframes? (1h and up, I can't watch the charts for that long. Preferably, I would do full on swing trading using price action.)
  2. How would you backtest a strategy using price action? I feel like this would be difficult for 2 reasons:
    1. It is pretty subjective, so the rules aren't as strict (you might miss a trade opportunity while backtesting).
    2. I can't backtest on tradingview using intraday charts, do you have a way to get around this? I tried drawing a black rectangle using the drawing tools but if you hover over it with your mouse, you can see price again.
  3. I am going to read naked forex soon, would you recommend any other resources or should I stick with that for now and learn the basics first? (I'm not sure if I can even call it the "basics")
  4. I also did the babypips course so I'm not completely clueless, but I skipped the parts about price patterns, harmonic patterns, and elliot wave (and fundamentals analysis but I'm not gonna bother with fundamentals because I only care about the news so I can avoid it, more than that is too much to keep track of IMO). I think the price patterns section might be important but the elliott wave and harmonic price patterns don't seem too important to me. Should I go back and learn these?
Thank you.
submitted by CD_GG_FX to Forex [link] [comments]

Good resources to learn about forex?

So I have a new job that pays me a fair bit more than my old jobs ever did and i’m interested in looking at forex and eventually into stocks and larger investments. Wondering if you ladies have any good resources for where to start?
submitted by lucac98 to FemaleLevelUpStrategy [link] [comments]

Financial Juice Pro?

Hi everyone -
I've been using Financial Juice's squawk service for a while now. They are currently free, but will become a paid service shortly (they will still offer a free service but with ~1-2 min delay).
Their paid service is $699 for lifetime.
  1. Is this a good deal for a squawk service?
  2. Anyone have any thoughts on Financial Juice?
Thanks!
submitted by anotheruwstudent to Forex [link] [comments]

Lesson 1 - Understanding and trading the news - YouTube How To Tell If News Will Be Positive Or Negative (Forex ... How To Trade Forex News using Forex Factory - YouTube

All FX traders starting out should learn how to read forex quotes. Our guide covers the basics of reading currency pairs and what a quote tells traders. News & Analysis at your fingertips. ForexNewsLive conveys latest news updates regarding forex and technical analysis. We provide real-time market news as well as commodities, cryptocurrency and educational news. ForexNewsLive aims to get relevant and valuable trading information from across the globe to keep you updated. Address: 80 George Street Edinburgh, United Kingdom EH2 3BU . Phone: +441315102894. Contact us: contact ... Do You Read Forex News? February 8, 2010 by Andriy Moraru. The currency market is affected by many news, which at a first glance not always seem to be related to Forex. Meanwhile there are many types of financial, political and macroeconomic news that influence the Forex trends directly. Forex news is the important part of the fundamental analysis, which is often taken into account by the ... Real-time forex news and the latest trading updates. What you need to know now about the GBP, Dollar, Yen, Euro and minors. Get the latest forex news & stay tuned for the more updates of the forex trading, forex brokers, market & many more at CapitalBay.News. Read the most recent forex news along with updates on the forex trading and forex market from all around the world only at CoinNewsSpan. ALSO READ: Forex, uncertainty responsible for lack of fuel import by marketers ― PPPRA. 1. Stallion Nigeria Limited 2. Solem Agro Limited 3. Deekay & Sons Limited 4. Hana Nigeria Limited 5. Emel ...

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Lesson 1 - Understanding and trading the news - YouTube

The news in the forex is mostly related to economic events and announcements. Aside from central bankers, there are very few "personalities" that can move th... This simple video show how to use Forex Factory and My fx book to now which currency pairs ill be affected by global news, and the days and times they will b... If you'd like more Forex Trading Tutorials and How To's then feel free to SUBSCRIBE! •Free Stuff: https://linktr.ee/cbillings97 •My Top Forex Course: https:/...

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