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17 Responses to “87. Forex Trading – How to Read a Currency Quote”
Thanks for share the video,its amazing tips for nubie like me,try INDEPENDENTINVESTOR. CO . UK to know about Financial Spread Betting, CFD and Share Trading Investing
You seriously haven’t the absolute first clue about any type of trading at all, do you seriously feel the indexes would be open of a weekend?
No, they are not. I really hope you do well with this, but ONLY invest what you can afford to lose, because once you’re live, you’re trading against the best in the world.
i ask this because there is a myth in our country that a weaker USD and/or stronger home currency is always good for the home country and vice versa, and that if USD costs more/less in a country’s currency then that country is poorer/richer than the US. it’s a really weird misconception, and i know it’s not true but i’m not sure why
the following question has been in my head since i was a little child so i really have to ask: in which ways do forex price movements affect the economy? after viewing your videos i understand that the overall strength or weakness of an economy is reflected on movements of currency pairs which include the economy’s currency, but is the converse also true?
I just wanted to thank you for this online course. I’ve learned so much without paying a dime! I can only say thank you because you don’t have to do this but yet you take your time and own resources to teach us. God bless.
Hey David I love the videos. I had a few questions. When it comes to options trading on forex, is it similar to regular stock option trading? Do we buy a contract? Etc.. I was a little confused on how much US dollars we would risk on lets say a call on GDP/YEN.
Also, what do the daily charts go by? Since the market is open 24/7, how is the end of a daily period judged?
December 13th, 2009 at 1:54 pm
Thanks for share the video,its amazing tips for nubie like me,try INDEPENDENTINVESTOR. CO . UK to know about Financial Spread Betting, CFD and Share Trading Investing
December 13th, 2009 at 2:04 pm
It’s a matter of currency convergence and divergence.
December 13th, 2009 at 2:41 pm
You seriously haven’t the absolute first clue about any type of trading at all, do you seriously feel the indexes would be open of a weekend?
No, they are not. I really hope you do well with this, but ONLY invest what you can afford to lose, because once you’re live, you’re trading against the best in the world.
December 13th, 2009 at 3:03 pm
ops sorry i mean it is not live ..
December 13th, 2009 at 3:53 pm
i downlaoded the demo but why mine is not life .. it dosen’t flash or going up and down why is that ?
December 13th, 2009 at 4:40 pm
i ask this because there is a myth in our country that a weaker USD and/or stronger home currency is always good for the home country and vice versa, and that if USD costs more/less in a country’s currency then that country is poorer/richer than the US. it’s a really weird misconception, and i know it’s not true but i’m not sure why
December 13th, 2009 at 4:57 pm
the following question has been in my head since i was a little child so i really have to ask: in which ways do forex price movements affect the economy? after viewing your videos i understand that the overall strength or weakness of an economy is reflected on movements of currency pairs which include the economy’s currency, but is the converse also true?
December 13th, 2009 at 5:46 pm
great video i have value information about the topic if you want learn more you have an open invitation
December 13th, 2009 at 6:30 pm
I prefer go for MT4 which is the best one
December 13th, 2009 at 7:18 pm
I just wanted to thank you for this online course. I’ve learned so much without paying a dime! I can only say thank you because you don’t have to do this but yet you take your time and own resources to teach us. God bless.
December 13th, 2009 at 7:37 pm
The JAVA version FX Trading Station will not run on my Mac G5???
December 13th, 2009 at 8:32 pm
Great video, that fx broker would you recommend.
December 13th, 2009 at 9:24 pm
EUR/JPY 114.81 BUY
GBP/JPY 129.15 BUY
December 13th, 2009 at 10:21 pm
i assume you want us to pick something volatil.
with the election i’ll pick the euro/usd:1.2879 buy 1.2880 sell and usd/cad: 1.1629 buy 1.1632 sell
December 13th, 2009 at 10:48 pm
EUR/USD buy: 1.25731
USD/JPY buy: 93.713
December 13th, 2009 at 11:48 pm
GBP/USD 1.7738 Buy
GBP/USD 1.7732 Sell
December 14th, 2009 at 12:45 am
Hey David I love the videos. I had a few questions. When it comes to options trading on forex, is it similar to regular stock option trading? Do we buy a contract? Etc.. I was a little confused on how much US dollars we would risk on lets say a call on GDP/YEN.
Also, what do the daily charts go by? Since the market is open 24/7, how is the end of a daily period judged?
Thank you very much.