/FETG/ - Foreign Exchange Trading General

/FETG/ - Foreign Exchange Trading General

>What is Forex?
The foreign exchange market – also known as forex or the FX market – is the world’s most traded market, with turnover of $5.1 trillion per day

>How Forex Trading works
Trading forex involves the buying of one currency and simultaneous selling of another. In forex, traders attempt to profit by buying and selling currencies by actively speculating on the direction currencies are likely to take in the future

>Forex For Beginners HELP
investopedia.com/articles/forex/11/why-trade-forex.asp
investopedia.com/trading/getting-started-forex/
investopedia.com/financial-edge/0412/the-basics-of-currency-trading.aspx

>Best Forex Brokers for US Citizens
IG - Best Overall
TD Ameritrade - Currency trading with thinkorswim
Forex.com - Best for ease of use
Interactive Brokers - Best for professionals
Trader'sway(accepts US citizens and offers highest leverage options for US citizens NO VPN NEEDED)
Source: stockbrokers.com/best-forex-brokers

>High Leverage Forex Brokers(VPN needed for US citizens)
Capital Street FX(1:3500)
FXGlory(1:3000)
FBS(1:3000)
JustForex(1:3000)
Exness(1:2000)
Source:earnforex.com/high-leverage-forex-brokers/?sort=5

>Most Popular Forex Pairs
EUR/USD
USD/JPY
GBP/USD
AUD/USD
USD/CAD
USD/CNY
USD/CHF
USD/HKD
EUR/GBP
USD/KRW

>Free Charts
tradingview.com

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I’ll be here awnsering questions if anyone has any

That's a man on a treadmill

Way to get everyone posting about that brapper

Why does this website have me masturbate every day

Btw I have longs in
Nzd/cad
usd/cad
Gpb/chf
Trying to make my money back

How much did you lose? I trade crypto and forex

3k being a retarded bobo against Powell's infinite buying power.
Left with 8k in exchanges to make it and 35 bucks in bank account
Shit could be worse I guess

What's your strategy? And are you the guy who made /fetg/ yesterday?

I’m the one who made it
Good luck. Cut losses early rather than late if it’s going bad

I dont make any general im a degenerate emotional gambler, my strategy is very simple, look at what boomers do in their respective countries and deduce which currency is going to shit the bed.
Canada is an easy guess.

I don’t discuss my strategy with anyone

Which pair did you lose money on? Also which pair is your favorite ?

I would punch her in the head and tell her to find another gym to whore herself out.

EUR/sek got me good. Rest was closed at 7% average over the last 30 days.

Dont have a favorite.

Forex will not make you money

>t. Noob
I’m a professional trader I assure you, you can make money also forex is the same as crypto in many ways especially in regards to high volatility

Post your chart where you lost money? I’m curious to see it

I can’t stand these biz virgins that come make a post just to talk about a photo. Absolute virgin tier neck beards

Crypto directional biased is number go up forex mostly noise

Soros made a bundle when the britbongs got a bit too stiff upper lip on the relative value of the pound.
The last 30 years have been central banks methodically ensuring that no one gets that kind of opportunity ever again. Good luck to you as you lose your entire stack in forex, fren.

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Trading is trading. I do both it’s the same

Hard to lose when you aren’t a biz smooth brain

Do you scalp?

Yeah. That’s all I do.

Do you use jigsaws order flow platform? I was looking at using FX futures order flow data to scalp spot forex, but the learning curve doesn't seem worth it since they are not very liquid

I’m not really open to talking about my strategy simply because it’s my own creation and I’ve never seen anyone doing it. My advice is to learn to scalp and find what works for you. I thought about teaching my strategy to people but it’s simply not worth my time. I can make tons more just trading than being a guru

Fair enough, I'm already fairly successful in scalping live (just doing short term PA scalps for the past few months), wasn't really looking to get your edge. Best of luck to you

>investopedia in the general
>instagram best overall forex broker
>most popular pairs has no yen crosses
also from this thread i can tell you larp

Lmao ok retard that’s why you thought IG was Instagram. Lmfao what’s sad is that this is biz at its finest right here

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fuck off back to the no-nonsense discord of forex trannies where you belong