Forex Real Time Rates
Aug/100
Forex Real Time Rates
Whats a good starting strategy for forex?
I’m trying to learn how to properly invest in forex and have read a book and looked at some online articles. I’m just look for exactly how to trade. My trading program has a buy amount and sell amount (demo, but real time) and I can buy at two different rates, can someone please explain this to me?
Also, is buying or selling better? In what cases would you do either? Please any source of info that can answer all these questions would be great, thanks.
There are 2 different rates posted. 1 is the asking price (Buy) the other is the Bid price(Sell). As for buying or selling better, is best to stay with the trend( The trend is your friend). As for doing either I do both on news days. like today. Place 2 orders place your stops and limits and wait for the news and the reaction to it, sit back and watch it take off. The link below is who I use. they have a great education center with alot of free stuff.
Crawl, Walk, Run. Sen. Clay Davis _ The Wire
FOREX Trading | FOREX Training – November 8, 2006