Question:

How to do forex trading-tips please?

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what are the best days for forex trading pairs like eur/usd or gbp/usd on which days like (end week / start week).when to buy currency and best time for selling.what times is liquidity high and also do u buy/sell a currency in go or do it step by step like long euros.please help!

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6 ANSWERS


  1. Its hard to analyze your question, it really depends on the market situation.. if you don't have forex software yet.. your already at a disadvantage.. I recommend getting something like http://sidchadha.andreaskir.hop.clickban... its awesome, I use it.. it really does help with forex trading.


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  6. Forex trading generally takes place from 21.00hrs GMT sunday to 20.00hrs GMT friday night. The truth is, there are no particular days when you are best at trading either the EU or the GU but if you trade by the economic calendar of country events and report. The days slated for such events depending on the importance of the news or economic event plus report, trade might  be good but there are no guarantees. Buying when a trend is just about raising is better when it's between 15-20 pips, at these points it is almost certain that the trend will move in that direction, and vise versa.

    Liquidity is ever high at the forex market, 3 trillion dollars is daily floating around for the grabs and i think this is enough money for anyone and the whole world to share.

    Go LONG when Buying and

    SHORT the market when selling.

    Cheers,

    Johnson .B

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