No Bullshit Forex Blog, A Part of No Bullshit Network

Learning forex? Here are six golden rules to follow before you start trading for real. Drill this carefully in your head before blowing your first live account.

Keep it simple

Too much information on your screen can prove confusing.

Platforms

Read the full post of The Six Steps To Follow When Trading Forex

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I’ve gotten smarter, or so it seems.

FXCM’s 2nd part of its free email forex training covers 3 different ways to trade, namely Fundamental Trading based on news, Staying with trend (with forex indicators), or using fading sentiment index, a proprietary index which is developed by FXCM *coughs*.

Sign up for their 12 series of email forex tutorial if you’re interested in picking up forex.

Read the full post of Day 2 of FXCM’s Email Tutorial Training

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Despite my inactivity, Jaclyn still faithfully updates me on FXCM’s happening. FXCM is now offering free email education, a 12 installment email tutorial on forex trading,

FXCM (www.fxcm.com), the official currency-trading sponsor of the CNBC.com Million Dollar Portfolio Challenge, announced today that it is providing all contestants of the virtual trading competition with free forex education and trading signals to optimize their currency-trading experience.

Read the full post of FXCM Free Forex Tutorial

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Now let’s come back and touch base on our forex curriculum guide. We’ll still side track a little on how to trade, and focus a little on how to pick your choice of forex broker. First before identifying your type of broker, we’ll learn on pips spread.

What is Pips Spread?

Read the full post of Types of Forex Broker

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To continue where we left off from the MACD tutorial we did a few days back. As you notice, the MACD indicator is showing only one of the EMA (EMA 26) line, and you’re wondering now where is the other one (EMA 13). Thanks to Jose for sharing this indicator file.

Read the full post of MACD Indicator - Adding Both EMA Lines on Meta Trader 4

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Here we are continuing our No Bullshit Forex Curriculum with our first indicator, MACD (Moving Average Convergence/ Divergence) to be added to our demo platform, Meta Trader 4.

In actual fact, there are tonnes of MACD tutorials out there which we will be referencing to later if you still do not understand it after this tutorial.

Read the full post of Adding MACD to Meta Trader 4 and how it works

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Are you one who believes that paying a fee will get you through the right direction when it comes to picking things up? Unfortunately this is not always true. There are tons of free resources out there, and it’s skeptical but true, that Google is always your best friend when it comes to sniffing them out.

Read the full post of The NobsForex Way for Starting Out Forex - A Beginner’s Guide

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Here comes the next edition of Meta Trader 4 demonstration. Although we will be talking much about the formations of candlesticks instead for this issue.

I will base most of the candle formations on Intro to Candlestick document done by Stockcharts Candlestick Dictionary. Download a copy of the pdf here.

Read the full post of Candlesticks Formation

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Leverage Broken Down
What do these numbers mean? Let us take 100:1 for an example. I’m going to make this as simple as possible with only one formula used. Amount you want to trade divided by the leverage number.

Read the full post of Quick look at Leverage

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