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Recommend a good Forex Guide

by Deep.Arora
25 replies
Can someone recommend a good forex guide that is useful and teaches from the beginning? I am just looking to get some basic understanding of the market, so don't need an advanced manual at this stage..
#forex #good #guide #recommend
  • Profile picture of the author Jamie Iaconis
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    • Profile picture of the author Keegahn
      Originally Posted by Jamie Iaconis View Post

      Hi,

      Do you mean something like:
      xxxxxxxxxx

      Check it out and see if it will help!

      Jamie
      You've been a member since 2004, you have over 3,000 posts and you're posting an affiliate link? Seriously?

      What's even more sad is the fact that FAPTurbo isn't even a book or guide, it's an expert advisor... may want to research (or use) a product before you try to sell it. :rolleyes:
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      • Profile picture of the author jan roos
        I have a free report on my forex site thats pretty good. Real Forex Broker Customer Reviews Good And Bad. - Forex Broker Reviews

        hth
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      • Profile picture of the author Jamie Iaconis
        Originally Posted by Keegahn View Post

        You've been a member since 2004, you have over 3,000 posts and you're posting an affiliate link? Seriously?

        What's even more sad is the fact that FAPTurbo isn't even a book or guide, it's an expert advisor... may want to research (or use) a product before you try to sell it. :rolleyes:
        HOLY... sorry, Mr. been here for not even 6 months and not even 60 posts...

        You're right I have been here a long-ass time and the
        link posted is from my domain, aff. link or not...

        I'm sure I'm allowed to post my own domain, so stop
        throwing around infractions like you know anything

        If I am honestly at fault, I'm sorry, but you are so
        new that you shouldn't be infracting people.

        (Especially for nothing)

        Jamie
        Signature
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        • Profile picture of the author tntrader
          Originally Posted by Jamie Iaconis View Post

          HOLY... sorry, Mr. been here for not even 6 months and not even 60 posts...

          You're right I have been here a long-ass time and the
          link posted is from my domain, aff. link or not...

          I'm sure I'm allowed to post my own domain, so stop
          throwing around infractions like you know anything

          If I am honestly at fault, I'm sorry, but you are so
          new that you shouldn't be infracting people.

          (Especially for nothing)

          Jamie
          Jamie, for what it is worth, you were wrong.
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        • Profile picture of the author Keegahn
          Originally Posted by Jamie Iaconis View Post

          HOLY... sorry, Mr. been here for not even 6 months and not even 60 posts...
          So this is the lame "elitist" mentality you hear about when it comes to some "older" warriors... it's something I've only read about until now!

          Number of posts and how long I've been a member of this forum is irrelevant; I know how to play by the rules.

          Originally Posted by Jamie Iaconis View Post

          I'm sure I'm allowed to post my own domain, so stop
          throwing around infractions like you know anything
          Evidently I do know something... I read the rules, I recommend you do the same to avoid situations like this in the future. When you go to give an infraction there's an option that says "Spammed Advertisements"... it's there for a reason.

          Originally Posted by Jamie Iaconis View Post

          you are so new that you shouldn't be infracting people.

          (Especially for nothing)
          So infractions should only be able to be given by "older" Warriors, regardless of whether or not someone broke the rules? That's ridiculous.

          After reading the rules, you may want to read this thread as well, just for future reference!

          Best of luck to you.
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  • Profile picture of the author susanm
    Try BabyPips.com. It's free and they have a good tutorial.

    Susan
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  • Profile picture of the author dean mcevoy
    im going to back up babypips.com

    great info, all free
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  • Profile picture of the author madison_avenue
    If you go to oanda.com you can set up free practice trading account. There is no time limit you can practice as long as you want. If you want to deal you can deal in as small units or amounts as you want:

    OANDA, The Currency Site: Foreign Exchange Services and Trading
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  • Profile picture of the author BlogBrowser
    Banned
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  • Profile picture of the author TeamGlobal
    Originally Posted by ProductCreator View Post

    I recommend the classic "Reminiscences of a Stock Operator". Also get yourself "Market Wizards" and "New Market Wizards" by Jack D. Schwager.
    I second those recommendations as well as a few others:

    "Trading In The Zone", Mark Douglas
    "Trading For A Living" and "Come Into My TradingRoom", Alexander Elder

    For a big picture view of the global financial markets I recommend:

    "The Alchemy of Finance" George Soros

    I have many other excellent books to recommend as your trading advances.
    Please feel to contact me at that time.

    Good luck with your trading.

    All The Best,


    Tony
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    • Profile picture of the author NMP
      To be honest. The worst thing you can do is to read FREE
      Forex ebooks they have no value to what you will get from
      companies who educate adn DO trade themself.

      Babypips is a great resource but you will also meet a lot
      of wannabies who think they have the holy grail ideas if
      the manage to make profit for 1 day.

      A good start would be to learn:

      1. High/Low Cabdlesticks/Bars (If you start use Metatrader etc add "Fractal" until you know it.) I.e Learn Support/Resistance.

      2. Learn 2-4 candlestick/bar patterns (do not try learn them all)

      3. Learn how to define trends (trendlines) on 1h, 4h, daily. (Stay off anything called scalping in Forex)

      4. Learn how to apply Fibonacci tool (Retrace/Extensions)

      5. Learn Money Management And Learn How To Handle Losses. (90% of success)

      6. Listen to people who trade, and not they who sell "Maybe" products.

      7. Get involved with good forums:

      Forex TSD| Metatrader Indicators and Experts Advisors
      Forex Factory

      8. Practice and practice and practice... no one can teach you that!

      9. Never buy any EA's below $1000. They are sold to make the creator
      rich based on backtest data. (There are a few ok, but nothing is compared
      to your knowledge and human brain)

      Thanks,

      Daniel
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  • Profile picture of the author Michelle Strait
    Double Post.
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  • Profile picture of the author Michelle Strait
    I recommend Getting Started in Currency Trading - read about it here:

    Amazon.com: Getting Started in Currency Trading:...Amazon.com: Getting Started in Currency Trading:...
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  • Profile picture of the author terrapurus
    Most reputable brokers have good education portals with cheap or free education. Make sure you understand 2 things -

    1. How to read a trend.
    2. How macroeconomic factors effect currency movements
    3. Find a good economic calender (eg fxcm.com)

    Pick a currency and master it before trying to trade the others (eg the euro versus the US dollar).

    A lot of brokers will also give you practice accounts to play with.
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  • Profile picture of the author madison_avenue
    This is the best site by a mile if you want to learn about forex:

    Forex Street. The Foreign Exchange Market
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  • Profile picture of the author P.Sharma
    babypips is a great site. I was also looking for forex info and its all free there
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  • Profile picture of the author suzzii
    Banned
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  • Profile picture of the author jacktackett
    While I find this thread very interesting (as I'm starting to study forex again), I'm curious as to why this is on topic? What exactly does it have to do with marketing? Shouldn't this be in the Off Topic forum instead? Just curious since sometimes when we're new here (as I still consider myself) its hard to figure out where to start a post.
    good info - I just feel its off topic.....
    best,
    --Jack
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    Mega Monster WSO for KimW http://ow.ly/4JdHm


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  • Profile picture of the author orangecastle
    I get my forex reviews from forexjustice.com and found Top Dog Trading in their education section. After you get a good handle, then use their reviews to pick a proven provider for forex signals.
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    • Profile picture of the author FredFarnes
      Since we have a bunch of FOREX Warriors here.. Please give some feedback on this FX related marketing project;
      http://www.warriorforum.com/main-int...tml#post716349
      Signature

      So, you want to sell me another way to easily make "X" dollars in "X" days? ROFL too funny! IM success requires hard work and lots of time. Most newbies do not survive the steep learning curve. Anyone who says otherwise is probably selling you a fantasy.

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