Forex Market Knowledge Base
Forex market? Does anyone play the forex market? and what strategies do you have to reading the charts. i can never figure it out. Can someone help me to make a trade based on the current chart situation, and what factors do i need to look for in order to make a successful trade? Thank you in advance.
How do forex options affect forex market? Anybody can tell me how forex options affect forex market? Do they actually affect the market only when they are exercised? Does an exercise of a forex option occur at the same time as a sell-off of the option? (My understanding is that when an option expires, you have to exercise it then sell it to make profit) OK, for more clarification, my understanding is that, when an option is exercised, you open a position at the stated price. But I don't know if the opened position has to be closed immediately. Correct me if I am wrong.
Where can I find a beginners guide to trading in the Forex market? I am new to the Forex market and I am very interested in the potiential that it has to offer. I am trying to weed through all the nonsense and not become overwhelmed with all the info out there. Does anyone have some guidance on this subject and can you give me some pointers that may help me out of the gate. Any information on this would be greatly appreciated.
What is the tax rate for a forex market? What is the tax rate for a forex market? About a year ago, I invested couple thousands of dollars in forex market. I have more lose than gain. Overall, I've gained around $7000.00 (my loss is higher than this value). My question is what would the tax rate for this capital gain be for this kind of situation. My regular income is less than $20,0000
Can someone explain the ForEx market in laymen's for me? I'm considering getting into the Forex market soon and am starting to do some homework. If someone could just lay out how things work and how you actually make (or lose) money, that would be nice. Also, what exactly is a pip and a lot? Thanks in advance.
How much volume moves the forex market 1 pip? Does anyone know in order to move the forex market 1 pip, (say on EURUSD with a retail broker), how much volume would need to go in at a specific price point? To contrast with the stock market, if we look at a thinly traded stock, buying a few hundred shares may be enough to move the stock up a penny. How does it work with forex?
why does the pip difference change in forex market? i'm new to the forex market, and i noticed over many days that the difference between the pips of USD/JPY is different on some days. usually the difference between pips is 2 and some days its 4 or 5. why does that happen?
I want to Learn about Forex Market? "Foreign Exchange" is the simultaneous buying of one currency and selling of another. I understand is a good business but I have no knowledge about it. I read books but could not understand the trick. Can someone put me through all the steps and tricks I need to trade in the forex market. Thanks.
Taxing the money made in Forex market? I live in UK! First Question: Do I need to pay tax on the money which I have made in forex Market (Foreign Exchange)? Somebody told me TAX already is included in the pair spread and you don’t need to pay any extra tax! Something like spread betting that is tax free! Second question: If I have to pay tax on the money made in forex market, How would I pay it? I am full-time employed somewhere else and my current company takes care of taxing my current income. What is the most efficient way of taking care of this extra money?
Do you have some advices for trading at Forex Market (Fx) ? Hello. I have a little experience trading Forex but last year I didn't have so much time for trading at Forex Market. However I want to trade again. For those who know and have traded in this big financial market, do you have some clever advices to make buy/sell currencies at Fx ? I have an easy-forex account, where you can start trading with 12.5 €, 25 € 50 €.... It is a good forex market site ? Thanks
Who is the best online broker in the forex market? I have been trying several platforms and reading reviews. Virtually every platform has someone warning you it is a scam. I have forgone FXCM and I am trying Interbank right now. Does anyone have alternative suggestions? I'm looking for ease of use regarding limits, stops, fast trade execution etc.
Does the forex market have any holidays? Or is it 24 hours, 5 days per week, 52 weeks per year? I have two people saying that there are no holidays and one that says there are a few. Anyone seeing this mind rating their answers or giving me a link? Thanks! Thank you all for your answers. Say it is the 4th of July. Would I expect the New York exchange to be closed, while the market remained remained open 24 hours from another exchange? Or would New York remain open as it is electronic, and there would just be lower volume as both bigger players and traders took off? Thanks for your help.
Is it possible to earn a good living exclusively in the ForEx market? Since there are so many trading methods and platforms, what is a good platform and trading system that I should investigate that would afford the best results with the least amount of risk? I understand there is substantial risk to this type of investment and one should not invest funds they can't afford to lose.
What are you buying now at the forex market? I know this is "top secret" ;), but please share what's the currency you are now investing in. I bet on the NZD/USD, and just gladly discovered that NZD has the highest trend the past month against USD :) ... On the other hand I bought CHF/JPY and now I have very hard time and not so good feelings about CHF/JPY going over 0.92...what in fact I need. Thanks!
why crude oil is going low in forex market? The crude oil were going high and the traders and research team were saying that the major fundamentals like iran issue and niejeria issue were on tap. but now oil is low so whats major problem in this market. why market is going low day by day. which major fundamental behind the crude oil. If different US banks have defalt even before these banks the oil prices were down. So please tell me why oil is going low. Lastly how long oil will be down in this market. Please also give me some useful websites for oil news Thanks.
Is it feasable or reasonable for a 19 year old to use and invest in the forex market? Approximately how much is a good amount to start with? i am going to go to forex.com and do the 30 day free trial and see how I do. Also for people who know forex and use it, how many hours do you spend a day or a week, and how much do make. Tell me weekly or daily or anual income. I will have about 5G's to invest, i was wondering whether i should throw it in forex.com Thanks
Might astrology be useful for investing in the stock, futures, or forex market as a self-fulfilling prophecy? Please note, that I do NOT believe in the validity of astrology itself. Nonetheless, human beings are superstitious beings and every year that goes by, not only does "New Age Mysticism" become increasingly popular, BUT ALSO more and more investors are putting their faith in astrological analysis of the markets! Surely this should be a very dangerous way to risk your finances. Nonetheless, astrology seems to actually WORK when it comes to investing, according to all reports. How so? Consider that, as the markets are nothing more and nothing less than a direct reflection of the mass human psyche (of all participating traders) then might not astrological predictions be increasingly reliable tools for the savvy investor to pay attention to? Simply because of the increasing mass of investors using astrology, the market ends up reflecting the resulting trends? In this limited sense perhaps, astrology IS for real - maybe I'll be buying a good astrology program soon..?!?
how many days a week does meta trader 4 trade the forex market? i downloaded a demo version of it and have placed a expert advisor which is already there under the expert advisor heading on the side. It hasnt made any trades itseld though as yet, the expert advisors are MACD sample and moving average, do these two trade automatically? how do i get it to work then?
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