Monday, January 23, 2017

ASK THE TRADING EXPERTS

Get answers to all your trading questions from FX Market Leaders team.
Scroll down to review questions that were already answered

Question


Max D.
8 June 14, 11:22 am, GMT

Interest rate announcement

I want to trade the Interest rate announcement. Should I place my trade before the event or just after? I know some traders that claim that before is better, and some say that I need to wait a bit after. What is your opinion on this please?

Answer


Alex P
8 June 14, 12:15 am, GMT
High-risk loving traders have a habit of placing positions just before the announcement is made to try and hit the jackpot, but is actually much more sensible to wait for a few minutes after the announcement and try to ride the market trend as it takes place. Bottom line, I prefer to play it on the safe side, and join the market trend, than to bet on it.

Question


Martin
20 April 14, 10:47 am, GMT

How many traders to copy?

I’ve started using OpenBook, and I was wondering how many traders to copy. Anyone?

Answer


Alex P
20 April 14, 11:05 am, GMT
It depends on many aspects, but as a rule, we believe that beginners should follow and copy only a number of traders which they can follow, documenting their actions, results and profitable trades. Two to three trading experts are enough as a start.

Question


Or
28 March 14, 17:35 pm, GMT

Best daily opportunities

Where can I find information about the best daily opportunities?

Answer


Alex P
29 March 14, 10:07 am, GMT

There are a few good options: a great source can be your Forex trading platform. Some online trading platforms, like eToro, FXCM and 4XP provide their customers with great learning centers, Forex forums, market news, information on how to invest, daily tips on investment opportunities and more. Plus500 is another online trading platform that provides efficient information for beginners. 

Forex forums, blogs and portals like FXMarketLeaders, are great opportunities to follow the hottest trends. Forexpros is one of the largest, most popular online portals. Follow the news on a daily basis to spot new opportunities and to see which foreign currency is gaining strength and which markets are down.  


Question


Omar
07 March 14, 10:47 am, GMT

Stocks and currencies on the same platform?

If I decide to trade stocks (like buying facebook options), is it recommended to do it on the same platform where I trade currencies? Because someone told me it might be better to separate them, but I don’t see why. I trade with avafx. Thank you.

Answer


Alex P
07 March 14, 16:32 pm, GMT
You are right my friend, stay with the platform you are used to, especially if you are happy with it. AvaFX are doing a great job with all of their platforms, both on currencies and other markets like stocks and goods.

Question


Chris
09 February 14, 08:35 am, GMT

Is your signals system a Forex automated?

Is your signals system a Forex automated system (like a Forex robot)?

Answer


Alex P
09 February 14, 17:20 pm, GMT

No, our signals are provided live by Forex experts who trade for themselves.


Question


Mack
23 January 14, 13:45 pm, GMT

How much money should i begin with?

I deposited $50 a couple of days ago, but my account manager recommended that I start with at least $500 for a smart investment in a foreign currency. What would you recommend?


Answer


Alex P
23 January 14, 20:10 pm, GMT

$50 might be ok for a small test but it is not a smart investment. With a basic calculation you can see that even with 100% profit within 6 months it's not worth your time. I would recommend starting with a few hundred dollars on a low leverage. For optimal trading I would have an initial equity sum of a few thousand dollars in my account, again, low leverage is the key to achieving the best online investment.


Question


Kailey
02 January 14, 15:52 pm, GMT

Scalping or day trading?

A question – scalping or day trading???

Answer


Alex P
2 January 14, 19:44 pm, GMT
Personally, I would go for day trading, but it doesn’t mean that it is the best trading approach. I feel like three to five trades a day are enough for my needs and targets, making me high profits and fantastic returns on my investments. Scalping demands a bit too much from me, as I don’t want to spend more than 4 hours trading in front of my 3 computer screens (it is a rule I made for myself few months ago). Sometimes I sin, being tempted for a couple of hours. Swing trading is one of my favorite strategies, and I use it very often.

Question


David
15 December 13, 14:23 pm, GMT

Trading before or after announcements?

I want to trade the Interest rate announcement. Should I place my trade before the event or just after? I know some traders that claim that before is better, and some say that I need to wait a bit after. What is your opinion on this please?

Answer


Alex P
15 December 13, 17:38 pm, GMT
High-risk loving traders have a habit of placing positions just before the announcement is made to try and hit the jackpot, but is actually much more sensible to wait for a few minutes after the announcement and try to ride the market trend as it takes place. Bottom line, I prefer to play it on the safe side, and join the market trend, than to bet on it.

Question


Luka
23 November 13, 19:08 pm, GMT

Short term trading or long term trading?

Hi everyone! So, I have a big question to ask: short term trading or long term trading?

Answer


Alex P
24 November 13, 22:00 pm, GMT
It really depends on which strategy you choose to use. Short term trading involves more time, that's usually true. In order to trade Forex you need to analyze the charts, follow the economic calendar, look for the best market opportunities and plan your moves. It can take an hour to a few hours a day. Long term trading demands less involvement, especially if you trade on a single currency pair, or a single open position.

Question


Debi
10 November 13, 11:50 am, GMT

How to find a best investment?

Hi all. My question is how to find a best investment?

Answer


Alex P
10 November 13, 18:00 pm, GMT
Good question! Following Forex robots (providing Forex signals) is an easy FX trading strategy for those who don't have the time, or don't want, to trade by themselves. A live signal is a trading alert from the market on a currency pair. The best trading system providing signals is our own popular FXMarketLeaders signals system, which provides live signals on thirteen different currency pairs, as well as entry prices, stop loss and take profit levels. My free trading tip for you is to stay informed. Read about daily investment opportunities in our daily blog, participate in Forex forums, explore a range of trading tools and try spotting chart patterns on your platform.

Question


Max
29 October 13, 09:37 am, GMT

Economic calendar

Please help!! Where can I find a good economic calendar???

Answer


Alex P
29 October 13, 19:00 pm, GMT
eToro and FXCM offer the best economic calendars.

Question


Rocket Man
21 June 13, 07:52 am, GMT

Copying gurus

I have an account with OpenBook (eToro), and i want to know: when choosing a guru, what category is more important? The winning ratio or total profits?

Answer


Alex P
23 June 13, 01:02 pm, GMT
Both of them. Always watch for both of these categories. Plus, it is important to do that on a multiple time frame. The OpenBook lets you to review the stats of each trader throughout different periods. Check at least the last month and the past 3 months.

Question


Jiji
03 June 13, 01:27 am, GMT

Markets.com

I opened a demo account with markets.com whom you recommend. I started copying your signals to my account, but i want to be sure that when funding my account i will be able to still follow the signals.

Answer


Alex P
03 June 13, 04:43 pm, GMT
First of all, Markets.com is a fantastic choice to start your trading experience with. Their platform is very easy to use, and it is simple to copy the signals to your markets.con account.
As for your question, the answer is yes, our signals are free, and you will be able to keep following them in our website.

Question


Albert
14 May 13, 04:07 am, GMT

Signals Sources

Hi team. Just wondered what is your opinion on combining more than one signals source in my trading. Is it a good idea?

Answer


Alex P
14 May 13, 02:28 pm, GMT
Hi there. In fact, every action that can reduce your risk and spread your trades can be good, but the key thing for you is to check the quality of both of the sources you wish to use (follow their P&L reports, try them on a demo account for a couple of days).

Question


Liz
02 May 13, 08:11 am, GMT

Aussie

Do you also trade the Aussie and Kiwi dollars?

Answer


Alex P
02 May 13, 09:50 am, GMT
Yes, of course, depends on the market trends, and on our live sources.

Question


Carol
22 April 13, 01:42 am, GMT

Risk Level

I started trading a couple of days ago, and i'm not sure about the level of risk i should take when opening my trades. Does 50 times leverage sounds ok? Can i trade with a higher leverage?

Answer


Alex P
22 April 13, 09:08 pm, GMT
Choosing a proper level of risk is one of the most important issues when trading Forex. x50 is considered as a relatively high leverage, but if you are in favor of high risk vs. high profits, it can lead to very nice profits in a short time. My advice is to start with a lower leverage, say, x10.

Question


Trador
09 April 13, 04:04 pm, GMT

How much to trade?

Hello, I want to know how many signals you upload in an average day? And, what are your busiest hours?

Answer


Alex P
09 April 13, 02:15 pm, GMT
It really depends on the market, the trading activity over the specific day, and on our trading sources. On average, our system opens 3-6 signals per day, most of them are intraday signals. Our live signals are provided 24/5, but based on our history, the busiest hours are in the European morning session, between 8-10 am GMT.

Question


Dino
06 April 13, 02:34 am, GMT

How much to trade?

Hi. I opened a trading account with Plus500 (i read in your site that they are recommended for beginners, like me), and funded it with 500 Euro. Now, every time i want to open a trade, i need to decide on the amount which i wish to trade with. Can you please advise?

Answer


Alex P
06 April 13, 05:04 pm, GMT
Plus500 is a great choice. We have a great experience trading with them:)
Regarding your question, our advice is to trade with not more than 10% of your total per a single trade (5% is even better), in order to lower your risk in case of losing.

Question


Clint
27 March 13, 06:11 am, GMT

Forex vs Options alerts

Hi guys. i trade binary options, and i came through your forex alerts service the other day. Firstly, good job! Secondly, I wonder if it is advised to use these signals for options trading as well. I have tried it a couple of times, but I don't know if i was lucky, or if it is actually works on high/low trades

Answer


Alex P
28 March 13, 01:14 am, GMT
Good question. Our signals are designed for trading Forex, offering Stop Loss and Take Profit targets. Trading High/low, as well as other classic binary options trades, you need to point the direction in a specific time frame, which makes it a bit different, as the alert doesn't indicate on time-frames, but in many cases, one can learn a lot on the predicted direction from the data of the alert, and open a position according to this data. We have many followers from the binary options world, so i can only assume that they are happy with this service.

Question


English tea
12 March 13, 07:19 pm, GMT

Binary Options company

Thanks for the service, but i can't figure out how to use your signals for binary options. I trade options, and it seems as your signals do not indicate the time of expiration.

Answer


Alex P
15 March 13, 03:24 pm, GMT
The signals are targeted for forex trading, but they can be used for trading binary options as well. An active signal shows a direction, a forecast, and so are options positions. Our short term signals are based on 15min and 30min charts.

Question


Patrick
05 March 13, 01:14 am, GMT

Binary Options company

I need to know about the bnryoption.com. It has been launched on February 2013. I want to know are they trustworthy since they are new?

Answer


Alex P
06 March 13, 09:13 pm, GMT

We have no previous experience with bnryoption.com, so i can't tell you anything about them, or their service.
However, we can recommend on 24option, which in our opinion id the best options company in the market, and we have had a great trading experience with them.


Question


Monkey
28 February 13, 03:51 am, GMT

Take Profit Target

WI see that you show 2 targets for each trade. Please advise which is better? I don't know whether to aim for the first take profit or the second. Please!

Answer


Alex P
28 February 13, 07:13 pm, GMT
I prefer going for the first target, 'Take Profit 1'. Maybe it leads to smaller profit per trade, but on the long run it involves much lower risk, and solid earnings.

Question


France
13 February 13, 09:09 am, GMT

FXCM signals

Are FXCM automated signals system any good? Have you tried them?

Answer


Alex P
14 February 13, 04:48 pm, GMT

FXCM signals are very professional, although maybe a bit too confusing, and they do make your decisions very hard to make. Few of my colleagues have tried them also, and brought back good feedback on their system.


Question


Giro
21 January 13, 06:30 am, GMT

Most traded pairs

What are the pairs that your analysts trade the most? Seems like the most traded pairs are the euro dollar and pound dollar. Am I right?

Answer


Alex P
21 January 13, 08:02 pm, GMT
You are right, SirJ the most traded popular pairs to trade by our signals system are the euro-dollar and the pound-dollar. Other popular pairs are the US dollar-Canadian dollar and the dollar-Japanese yen.

Question


Banker
08 January 13, 02:44 am, GMT

ECB vs FED

Hi, just wondered, what body is more influential? The FED or the ECB?

Answer


Alex P
09 January 13, 08:18 pm, GMT
The FED is the U.S. central bank, and the ECB is the European central bank, so they are both the most influential banks in the world, and it is really not cool to compare between the two. The only thing that I can say is that being the strongest, most stable economy in the world, every economic decision taken on its currency by the FED has a major impact on all of the other economies and currencies as well.

Question


Turtle
28 December 12, 06:26 am, GMT

Forex Course

I'm looking for a forex course. I'm new to forex, and don't want a too long, or too sophisticated book. I have tried all sorts of introduction guides and tutorial videos of a few brokers such as FXCM and Fxpro, but they all look the same- too generic or too hard to understand. Any recommendations?

Answer


Alex P
28 December 12, 03:11 am, GMT

Well, first, it is needless to say that the Market Leaders Trading Guide for Money Makers is the best forex course online for beginners. I assure you that you will get all the tools needed in order to become a successful trader, and the best thing about it is that it is planned in a way that one weekend is enough to go through the whole course and start trading on your own. Other than that, there are a few options: YTFX's learning center is fantastic, with many videos, lessons and a pdf guide that you can download, all in simple language. Another option, if you are looking for a good course online is babypips. There you can go lesson by lesson. It is targeted at newbies. The only con in my opinion is that it is too long and too messy. It is hard to follow and go over all the material.


Question


FX boy
24 December 12, 05:43 am, GMT

RSI or Stochastic?

Hi. In your opinion, what is a better indicator? RSI or Stochastics?

Answer


Alex P
24 December 12, 05:19 pm, GMT
There is no such thing as a better indicator. There are 26 technical indicators, which at least 10 of them are great and efficient for technical analysis, both of these two are among them. Plus, both of them are kind of similar. For me personally, I prefer working with the RSI indicator, maybe because I am used to it.

Question


James
19 December 12, 08:22 am, GMT

Fibonacci Level

I like working with Fibonacci retracement, but I never know when to open or close my trade, 50% or 61.8%? Please advise

Answer


Alex P
20 December 12, 09:15 pm, GMT
There is no magic solution my friend, or a single level that works more than the other. Investors need to follow the trends, watch the chart and look for the right retracement. There are three more popular levels: 61.8%, 50% and 38.2%, but which one to choose? Cannot help with that.

Question


Alice
7 December 12, 02:41 pm, GMT

Dollar vs S&P500

Thanks for your service. It's great stuff! I have read an article claiming that the dollar always goes the opposite way than the S&P 500 index. I checked last year's chart if both if them, and it looks correct. Is it always like this?

Answer


Alex P
7 December 12, 07:59 pm, GMT
Usually it is. There is a strong negative correlation between the two throughout the history, and there are logical reasons for this. You can read more in this article about the correlation between the dollar and the S&P 500.

Question


Visitor
1 December 12, 02:47 pm, GMT

Signals' hours

Hi. Can you tell me at what hours the signals are provided? It seems like i miss some of your signals because i go to sleep, and i want to know the best hours to be online. Thank you!

Answer


Alex P
1 December 12, 02:57 pm, GMT
The FXML signals are provided 24/5. Our trading sources open positions all day long, according to market conditions. High percentage of the trades take place during the European session (8:00 to 16:00 GMT), so you can find this data helpful

Question


Nemo
26 November 12, 07:55 am, GMT

SignTrading automated robots

I still can't decide if trading with automated signals software is a good idea or not. Anyone?

Answer


Alex P
26 November 12, 03:21 pm, GMT

There are several automated systems with a good reputation, like Ava's automated signals. You are more than welcome to use ours for free, but they are delivered by live sources who trade on the foreign currencies. Don't forget to use Stop Loss!


Question


Meta
24 November 12, 00:37 am, GMT

Trading u.s. dollar - h.k. dollar?

Not sure about taking a risk on exotic pairs like USD/HKD. I read in some post that the spreads on them are just too high, and that it is risky, but I noticed that some of these pairs could have made a good profit for investors who took the risk. What do you think? Is it a good time to trade exotic currency pairs?

Answer


Alex P
24 November 12, 04:02 pm, GMT
In order to trade exotic pairs you should notice that most of the online Forex platforms charge higher spreads than on the majors or the cross currencies. Exotic pairs also usually less volatile, and traded In lower volumes than the majors. But, on the other hand, if you are familiar with a particular exotic currency or its fundamentals, it might be a good idea to invest in it, especially now, when some of the exotic pairs become more and more popular to invest in.

Question


Juan
22 November 12, 01:51 am, GMT

Best time to trade

Ola! When is the best time to trade? I need information about when are the best trading opportunities.

Answer


Alex P
22 November 12, 07:42 pm, GMT
For rapid movements, best hours to trade Forex are when two sessions meet and work simultaneously. N.Y. session and London session are simultaneously open each week day between 1 – 5 pm GMT. During these hours higher volume trades take place. Monday morning is great opportunity for making high profits.

Question


Cool Girl
16 November 12, 02:40 am, GMT

Euro - Dollar

Can you please be a sport and tell me how would you trade on the EUR/USD? What strategies? Would you buy or sell?

Answer


Alex P
17 November 12, 09:12 pm, GMT
The majority of Forex experts believe that EUR/USD's worst days are yet to come, pointing out the 1.2695 support last year. Therefore, market sentiment for the long run is to go short.

Question


D Trader
12 November 12, 08:57 pm, GMT

Best Forex platform to start with

Aloha! Sorry, but I am new to Forex:-( So many reviews and posts about best platforms or best signals, so I cannot decide. Need help to decide!!

Answer


Alex P
13 November 12, 04:33 pm, GMT

I think you should start trading Forex by choosing a copytrade strategy. There are few excellent options:

  • Follow our signals for free and copy them to your platform
  • Trade with OpenBook- eToro's social investing network.
  • Use one of the best brokers' automated software (Signal Trader by Markets.com; Mirror Trader by   4XP; Auto Signal by Plus500).

Bottom line, You don't need to be an expert in order to follow one. Those three options are the best trading strategies for your situation, with no required extra learning. Another advantage is that while following others, one can learn how to trade like a pro. 


Question


ZZZ
08 November 12, 11:01 am, GMT

Bid/Ask and Buy/Sell price?

Just to be sure, do Bid/Ask and Buy/Sell have same meaning?

Answer


Alex P
08 November 12, 09:09 pm, GMT

Indeed, you are correct. Learn more


Question


Sanchez
5 November 12, 04:22 am, GMT

How to use Fibonacci indicator

Hi Alex. I'm trying to use Fibonacci tool on my charts, but i can't understand what i'm looking at. I understand that i should look for the 31.8% line? Thanks

Answer


Alex P
6 November 12, 06:34 pm, GMT
Probably the most popular technical indicator among Forex traders, Fibonacci works best as support and resistance. By following Fibonacci retracement on the chart traders can get a clear picture of trends, entry and exit points. Prices always move in trends - waves! Fibonacci helps us determine the extent of the correction. The three most important ratios to remember are: 0.382 ; 0.500 ; 0.618.

Question


Golden Boy
1 November 12, 07:40 am, GMT

Looking for a good Forex broker

Hi there! Could you please help me? I am looking for a good Forex broker, and seems like AVA are doing good work. I see that you also recommend them. So just to be sure, who do you guys think is the best investment company?

Answer


Alex P
2 November 12, 09:51 am, GMT

Firstly, in the foreign exchange market there is no such thing as a best Forex broker or the best investment company. It all depends on your needs and wishes. But we can recommend you several brokers who we think deliver a on great online trading experience. So yes, in our view AVA is surely one of the best options in the fx market today, offering great value for beginners, intense support and fun platform.  eToro, 4XP and FXCM are all other great options for beginners, delivering great learning tools, reliable trading platforms, free demo accounts for practicing and a full range of online trading accounts targeted for fx trading. Check out our recommended brokers list


Question


Lady GAGA
27 October 12, 06:40 pm, GMT

Looking for a good Forex broker

Pls help me, Which Forex strategy is better? Short term strategy or long term strategy?

Answer


Alex P
28 October 12, 07:58 am, GMT

Both are good. Long term trading strategies are recomended for fundamental trading, using large investments and low leverages. You will need to have some trading experience. You will also need to be very patient, have a deep understanding of the economic contidions in the global markets and believe in your positions. Short term trading involves more positions, a higher potential for fast profits, more action, but also higher risks. Short term trading is based more on technical analysis and chart patterns. Beginners usually prefer short term strategies.  


Question


Jack
18 October 12, 05:13 am, GMT

FXCM and DailyFX

I opened an account with FXCM a couple of days ago, but when i try to use their signals they send me to Daily fx. What's going on?

Answer


Alex P
18 October 12, 04:03 pm, GMT

DailyFX is the Forex portal of FXCM, which is a world leading online broker. FXCM use dailyFX as their Forex forum, a signals station, analyst's blogs, and news and education center. You can use their forum to post on any subject related to trading.  

eToro, AVA and FXpro also operate great forums on their trading networks. eToro's blog is the best place to learn about trading for beginners. 


Question


T Shark
13 October 12, 08:40 am, GMT

Small deference with live rates

I am using the signals while trading with AVAFX. The rates in your site are a bit different from the ones in AVA. Which rates do you recommend i use?

Answer


Alex P
14 October 12, 01:41 pm, GMT
The rates in the site are taken directly from the market. Ava, like other broker, shows live Ask and Bid rates. We provide you with the average live rate between the Bid and Ask prices, to make the information more intuitive for beginners. You can use either our rates or AVA's, it does not matter (the rates are practically the same).

Question


Mermaid
4 October 12, 10:24 pm, GMT

Gold or currencies?

There have been many articles lately about how the last few months have been very good for trading gold. What do you think? Can you give some tips about how to trade gold?

Answer


Alex P
5 October 12, 07:01 pm, GMT
During the past 4 years, trading gold has gained huge popularity among online traders. Millions of traders who looked for solid, attractive trading opportunities besides fx trading invested in gold and silver. By looking at the charts on the trading platform we can see that gold has raised dramatically (more than doubled). You can trade gold with most of the Forex brokers, on their online platforms. Trading gold is not advised as a day trading strategy. Gold, silver and other commodities are great alternatives for longer terms investments. The Forex tools you'll see on the trading platforms apply to gold trading too.

Question


RR
25 September 12, 05:56 am, GMT

RSI indicator

How to use RSI? Is it a reliable indicator?

Answer


Alex P
25 September 12, 08:11 pm, GMT
RSI is considered as a popular indicator among technical traders and analysts. Notice that one needs to set the number of timeframes. Statistics show that 2 periods to 14 periods gives the best results.

Question


MegaT
12 September 12, 02:19 pm, GMT

Trading exotic pairs

Hey man, where can I get the best rates on trading exotic pairs?

Answer


Alex P
13 September 12, 12:51 am, GMT

SaxoBank and FXCM offer the lowest spreads, on a Hugh variety of exotic pairs.
Try also Plus500. They are doing a good job. Anyway, if you look for a good trading experience while trading on exotic pairs, try eToro's platform. I find it the friendliest. 


Question


Soros
7 September 12, 08:13 am, GMT

How much to invest? Need your help!

I read an article in a Forex blog which claimed that the only way to make fast money, or to make large profits is to trade with large accounts of between $5,000 - $10,000. But in most of the best investment blogs, I saw that much lower deposits are also recommended. In many places it says that even a few hundred dollars’ investment can bring high profits. What do you think?

Answer


Alex P
7 September 12, 06:02 pm, GMT
How much money to invest depends a lot on your Forex trading strategies. The foreign exchange market allows you to leverage your capital, but it also increases your risk. So the most important question should be how much you are willing to risk. To get to the point: Opening an online trading account with $10,000 is optimal if: 1. you can afford to lose this amount. 2. You have a little experience with fx trading. 3. You have an idea which Forex trading strategies you want to use. Trading foreign currency with $1,000- $5,000 will also offer you lots of investment opportunities. Beginners and small time traders should start with $500-$1000. The good news about the foreign exchange market is that almost any amount of investment is enough to profit from fx trading, even $100. It is also important to decide on how to trade, meaning, deciding on your Forex trading strategy.

Question


Smiley
2 September 12, 10:59 am, GMT

Using signals system

How the hell do I trade with your trading signals? Tnx

Answer


Alex P
2 September 12, 10:20 pm, GMT

It’s very simple. You need to open a trading account with one of our recommended brokers, and apply the signals in your trades. You can also click on the Trade Now button, to the right of every active signal. It will transfer you directly to our top ranked trading platform. For signals tutorial you should click here


Question


Totti
21 August 12, 10:21 am, GMT

Stop Loss

How many pips away from my entry price would you recommend i set my stop loss?

Answer


Alex P
21 August 12, 11:07 pm, GMT
If trading on the majors, looking for low to medium risk, using technical analysis, 30-50 pips distance is a good distance (for short term trading). Longer terms usually require a larger range. But it is important to understand that it should be affected by other parameters as well, such as the support and resistance levels, trend's highs and lows, your money management, etc. It is advised to move your stop loss forward, as your position gets more profitable.

Question


Superfly
17 August 12, 06:00 pm, GMT

Is 1,000 euro enough?

Hey guys, I'm thinking maybe to use your signals system. How much money should I invest in order to open an account with one of your recommended brokers? Is 1,000 euro enough?

Answer


Alex P
17 August 12, 06:54 pm, GMT
1,000 euro is a good investment for a kickoff. It can bring fast money and high profits. Ask for a private account manager when opening a Forex account! Do not forget to set a stop loss in order to reduce your financial risk

Question


Sara Willson
10 August 12, 11:09 am, GMT

Show me the money!

Which direction do you think the dollar will go during the next couple of weeks? Bulls or bears?

Answer


Alex P
10 August 12, 04:45 pm, GMT
The USD seems to gain power, rallying up against the other majors. The majority of Forex traders buy USD these days.

Question


Super Mario
06 August 12, 06:00 pm, GMT

Dealing desk or no dealing desk services?

I have read that the best investment companies are "No Dealing Desk" ones. What do you think?

Answer


Alex P
07 August 12, 10:55 am, GMT
There are fantastic NDD companies, as well as DD ones. I personally prefer NDD brokers, but it depends. Not every NDD broker is the best investment company. FXCM and eToro are two of the best investment companies in the industry, offering NDD services. There are some brokers who serve both as Dealing Desk and No Dealing Desk, so you should be aware of this. You wouldn't want to trade with brokers who are driven by double interests.

Question


Snoop
29 July, 12, 09:08 am, GMT

What is Forex signal?

Ola, What exactly is a Forex signal? Can you please explain the difference between this and a market alert?

Answer


Alex P
29 July, 12, 05:31 pm, GMT

Welcome Snoop. A Forex signal is a live trading alert on the currency pairs, indicating real time trading opportunities. A trading signal is provided by robots, an automated system or live experts, who spot opportunities by using technical tools as well as fundamentals. Every trading alert offers a trading strategy on one of the currency pairs. Trading signals allow you to trade Forex online, with no experience or prior knowledge. Learn more 


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