Beginner's Overview: How Forex Trading Works - My Trading ...

/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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Ethereum Classic

Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.
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ELI5: What is Forex trading? What do you do? How does it work?

submitted by SmellsALilFishy to explainlikeimfive [link] [comments]

Working with a forex trader through Binance, how do the traders get paid? Is this smart?

submitted by roflo1132 to AskReddit [link] [comments]

The forex market is fast, exciting, and potentially lucrative — if you know what you're doing. This hands-on, user-friendly guide shows you how the foreign exchange market works, who the players are, what influences currency values, how to interpret data and events, and what you need to know to deve

The forex market is fast, exciting, and potentially lucrative — if you know what you're doing. This hands-on, user-friendly guide shows you how the foreign exchange market works, who the players are, what influences currency values, how to interpret data and events, and what you need to know to deve submitted by james8043988 to u/james8043988 [link] [comments]

How do taxes work for Forex income?

I'm a newbie still learning the in's and out's of Forex. Just curious on how Forex traders are taxed. I'm assuming you get a tax form from your broker that says your net profit then the IRS taxes you a some percent. Can someone fill in the details on how it all works. Thanks Forex community!
Edit: I live in the US
submitted by jd_ultra to Forex [link] [comments]

Very good class, to understand how the Forex market is managed and to know what to do when you start working with this page. 2hr Advanced Forex Masterclass with Joseph Plazo

Very good class, to understand how the Forex market is managed and to know what to do when you start working with this page. 2hr Advanced Forex Masterclass with Joseph Plazo submitted by chero_26 to u/chero_26 [link] [comments]

Forex Affiliate Marketing - How do Forex Affiliate Programs work?

Forex Affiliate Marketing - How do Forex Affiliate Programs work? submitted by yasinthashanaka455 to u/yasinthashanaka455 [link] [comments]

How do taxes work with forex?

I've been practising on a demo account and it's going well and I'm considering putting in real money but then I realised, how do taxes work for forex? For context, I'm 16 and from the UK
submitted by Cormyster12 to Forex [link] [comments]

How Do Forex Indicators Work?

If you’re asking the question, how do forex indicators work, I’m going to make a couple of assumptions about you.
Was I right?
Sorry to burst your bubble, but an indicator is nothing more than a different way of looking at the same information.
As forex traders we have very little information available to us. All we know unequivocally is:
That’s it.
As an example, your candle sticks give a visual representation of how price moved in the past, with the hope you can use this information to predict what’s going to happen in the future.
Every forex indicator will simply show you different visual representation of this same information.
RSI, MACD, CCI, Stochastics & Bollinger Bands are all built using these 2 variables.
No indicator contains a secret sauce capable of telling you when to enter and exit the market at the perfect time.
When you look at these forex indicators you’re seeing the same information, just in a different format.
I’m possibly being a bit dismissive, partially because I don’t use indicators. I do know plenty of profitable traders that do because it helps them understand the previous market movements better than a naked chart. If that’s you, then by all means continue.
But… If like I suspected, you’re wanting to use an indicator to simplify the market and tell you when to enter and exit, you’re on the wrong track.
If you want to succeed with your trading you’ll need to learn the fundamentals of why the forex market moves. But In case you are interested to learn more about forex indicators then visit : https://www.forexracer.com/forex-indicators/
submitted by Boomah422 to forexracerinfo [link] [comments]

Has anybody quit their job to do Forex full time? How did it work out for you?

submitted by barnesn4 to Forex [link] [comments]

How do Forex MLM’s work and where do participants get their money from

I have a couple of acquaintances who are a part of an MLM named Kuvera. They constantly bombard their instagrams with cars which are clearly not theirs as well as expensive vacations...
One thing that they love to display more than anything on social media is screenshots of their “returns on trade” on cryptocurrency. Multiple screenshots of $100s of dollars of profit made through an app in a matter of hours and even photos of them with the actual withdrawn cash?
There’s always a catch with these things, so im wondering, where do particpants get fucked over in these forex MLMs? Their participants seem to be more successful than other MLM counterparts.
submitted by cosmicdoggy to antiMLM [link] [comments]

How does forex work? How do you sell something you never had?

submitted by Vioshappier to NoStupidQuestions [link] [comments]

Forex Pip Rebates – How Do They Work?

Forex Pip Rebates – How Do They Work? submitted by Hellterskelt to bitcoin_is_dead [link] [comments]

Forex Pip Rebates – How Do They Work?

Forex Pip Rebates – How Do They Work? submitted by Rufflenator to 3bitcoins [link] [comments]

Forex Pip Rebates – How Do They Work?

Forex Pip Rebates – How Do They Work? submitted by ososru to Bitcoin4free [link] [comments]

How Do Forex Robots Work?

How Do Forex Robots Work? submitted by Rufflenator to 3bitcoins [link] [comments]

How Do Forex Robots Work?

How Do Forex Robots Work? submitted by ososru to Bitcoin4free [link] [comments]

Forex Currency Exchange Rates: How Do They Work?

Forex Currency Exchange Rates: How Do They Work? submitted by ososru to Bitcoin4free [link] [comments]

Forex Currency Exchange Rates: How Do They Work?

Forex Currency Exchange Rates: How Do They Work? submitted by Rufflenator to 3bitcoins [link] [comments]

Do you guys ever heard about forex? If you did how does it work or what is it?

submitted by callmebrucewayne to AskReddit [link] [comments]

ELI5: What is Forex, how does it work and how do people make a ton of money from it?

submitted by 5secondruler to explainlikeimfive [link] [comments]

ELI5: How does forex manipulation work and how are all the big banks doing it?

submitted by thekingz40 to explainlikeimfive [link] [comments]

ELI5: How do Forex brokers work?

What do they actually do and how do they get their money?
submitted by reznorgr to explainlikeimfive [link] [comments]

HOW TO TRADE FOREX 2020  MAKE MONEY ONLINE $230 A DAY ... How do Forex Rebates work?  BlackBull Markets Forex Trading for Beginners - YouTube Lesson 1 - What is Forex and how does It work? - YouTube

How Do Forex Robots Work? Today, the robot trader is already helping binary options investors achieve commendable accuracy and generate a continuous stream of profit, as much as 125%+ on invested amounts depending on the preferred individual bot trader. A fully automated trading system scans the market for trading opportunities and carries out trades electronically on behalf of its user, based ... Most of us have heard about Forex, but do we really know what it is? Trading Forex or any other instrument is not easy. Mastering it takes time, patience and can be frustrating at times. It is also important to understand that trading is not an easy way to become rich. Establishing consistently profitable results takes knowledge and practise and some losses are inevitable. Still, there are ... To better understand how do forex robots work on MetaTrader 4 or 5, let’s look at the following EUR/USD 1-hour chart with Bollinger bands applied to it. Bollinger Bands Applied to EUR/USD. As can be seen on the chart, price broke out of the Bollinger Bands, indicating a nice buy opportunity. If you are a manual trader, you will glue yourself in front of your computer screen looking for such ... How Do Forex Robots Work? Expert Advisors (EAs) MetaQuotes’ MetaTrader 4 (MT4) is the “home” platform of forex robots called Expert Advisors (EAs). EAs use an endless variety of technical indicators and custom scripts to derive trading signals and to act on them. Anyone can code EAs directly through the trading platform. The programming language used to this end is MQL 4 (MetaQuotes ... When we know the size of the contract we can work out the value per pip in the quote currency. To do this we take the contract size and multiple it by one pip. For our EUR/USD example, 100,000 x 0.0001 = $10. So, if EUR/USD moves from $1.129 2 5 to $1.129 3 5, and you are trading 1 lot then that move is worth $10. Whether its a profit or a loss ... If you learn to do that, you've solved half of the equation for success in forex trading. The Balance does not provide tax, investment, or financial services and advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. How do currency markets work? Unlike shares or commodities, forex trading does not take place on exchanges but directly between two parties, in an over-the-counter (OTC) market. The forex market is run by a global network of banks, spread across four major forex trading centres in different time zones: London, New York, Sydney and Tokyo.

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HOW TO TRADE FOREX 2020 MAKE MONEY ONLINE $230 A DAY ...

Forex Trade With Us http://bit.ly/2EYIbgI Email: [email protected] P.S MY INSTAGRAM IS GONE NOW SO IF SOMEBODY WRITES YOU ITS NOT ME ALSO IM NOT ON T... Too often new traders come into the market without getting to know the most fundamental components of foreign exchange and how currencies work. So we decided... Shopping. Tap to unmute. If playback doesn't begin shortly, try restarting your device. Up Next. Cancel. Autoplay is paused. You're signed out. Videos you watch may be added to the TV's watch ... In this video, Philip discusses how Forex Rebates work for Introducing Brokers (IBs), and also touches on the multi-tier IB system. Please like the video and comment if you enjoyed - it helps a lot!

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