how you can trade on forex?

How you can trade on forex?

How you can Trade on Forex? Practically Forex Trading kya hai, aur is par amal kaisay hota hai? Ziyada tar currency ki tijarat exchange ya markazi bazaar ke bajaye electronic tor par over the counter hoti hai. Forex trading ki bohat si mukhtalif aqsam hain, aur yahan kuch sab se aam hain : Forex Trading ki Types 1. Spot Transaction 2. Foraward Transaction 3. Future Spot Transaction Yeh do roza tarseel ke lain dainn hain jin mein do currencies ke darmiyan barah e raast tabadlah shaamil hai. Woh aik muahiday ke bajaye naqad lain dain hain, aur koi sood nahi liya jata hai. Lekin Forex Brokrz aksar clients se aik choti si' swap' fees wusool karte hain taakay aik meyaad khatam honay walay lain dainn ko dosray aik jaisi lain dain mein tabdeel kya ja sakay. Note ho ke kuch trading, misaal ke tor par woh jo ke Amreci dollar aur Canadian dollar ke darmiyan hoti hain, do din ke waqt ke bajaye aglay karobari din tay karti hain . Forward Transaction Ghair mulki zar e mubadla ke khatray se nimatnay aur currencies mein taiz utaar charhao se bachanay ka aik aam tareeqa hai. Agay ke lain dain mein, khredar aur baichnay walay mustaqbil mein aik mutayyan tareekh ke liye sharah mubadla par mutfiq hotay hain, aur is waqt tak raqam haath nahi badalti hai. Agay ka lain dain chand dinon, mahino ya saloon ke liye ho sakta hai . Future Yeh standardized agay ke muahiday hain. Un ki aam tor par tabadlay par tijarat hoti hai, jaisay ke Chicago mercantile exchange, aur muahiday ki average lambai taqreeban teen mah hoti hai. Currency future contracts settlement ki tareekh par badli jane wali currency ke standard hujam ki wazahat karte hain, aur muahidon mein aam tor par sood shaamil hota hai. Currency future ke muahiday aksar multi national carporations apni currency ki pozishnon ko hadge karne ke liye istemaal karte hain. Qiyaas aarai karne walay pesheen goi shuda sharah mubadla ki naqal o harkat se faida uthany ki umeed mein mustaqbil ka istemaal karte hain. George Soros, currency ke sab se mashhoor sattay bazoo mein se aik ne Britian pound ki gravt par qiyaas aarai karkay aik mah se bhi kam arsay mein 1. 1 billion dollar kamaye .

Forex market investigation Market examination Fundamental forex market examination ka mtlb hota ha various procedures of utilizing kar k ap market ki bearing or trenda ka pata lgaty hain.profitable broker banny k lye apko market ki heading kr pattern ka pata hona lazmi ha agr ap market ko bagher break down kiye exchange cards hain it apko misfortune hony k possibility ziaata hoty hain.es louh apni shops ko beneficial bnany k louh apko chahye k market ko investigate karna seekhen. forex market ko break down krn ki 3 procedures hain jo k most frequently utilized by both hain and murmur un 3 methods ko detail se examine krn gy. Specialized examination Specialized examination aik aisa amal hain jis fundamental 1 unrestricted economy principal move karny waly exchanging pair ki development ko dekha jata ha k wo kaisy begave karta ha.or es primary past costs ki ka current costs py influence dkha jata ha js se future cost foresee ki jati ha.aksr market ko 1 diagram principal dekha jata ha or phr us outline k mukhtalif designs hoty hain estrah graph designs ko b notice kia jata ha specialized investigation estrha hamen specialized investigation se market ki heading or pattern ka andaza hota ha jis se murmur market primary achi passage le k benefit kar skty hain. Essential examination Central examination major political monetary or social variables ka jo influence kisi bhi exchanging pair py ya generally market ly hota ha usko study kia jata ha or phr future gauge ki jati ha.technical investigation to the last option major forex market kamyabi k luh key examination oy grasp hona b lazmi ha akely na to principal investigation se koe kamyab hota ha na greetings specialized examination se.fundaments ka market py bazojat high effect hota ha or market kafi unpredictable ho jati ha es lye basics ko exchange krna unsafe b ha or productive bhi agr apko rudiments ka right information ho it ap fundamentsl exchange kr k acha benefit le skty hain wrna ye 1 dangers kam ha. Opinion examination Specialized or essential examination to the next fundamental feeling of forex brokers ko kafi help krty hain cost activity ko investigate karny primary. Market feelings ka mtlb hota ha k merchants market ya phr ksi exchange pair k bars principal kia beam rkhty hain q at end brokers ny howdy us pair ya market primary exchange karni ha agr un k opinions good hon gy to ye us pair ya metket k louh achi bat ha wagrna pessimistic ha. Forex Primary Feeling Examination ka mtlb hota ha k dealers ki positions kia hain zada brokers long kr rhy hn market ya short kar rhy hain

Market assessment Crucial forex market assessment ka mtlb hota ha different methodology of using kar k ap market ki bearing or trenda ka pata lgaty hain.profitable representative banny k lye apko market ki heading kr design ka pata hona lazmi ha agr ap market ko bagher separate kiye trade cards hain it apko incident hony k chance ziaata hoty hain.es louh apni shops ko gainful bnany k louh apko chahye k market ko research karna seekhen. forex market ko separate krn ki 3 techniques hain jo k most often used by both hain and mumble un 3 strategies ko detail se analyze krn gy. Specific assessment Specific assessment aik aisa amal hain jis central 1 unhindered economy chief move karny waly trading pair ki improvement ko dekha jata ha k wo kaisy begave karta ha.or es essential past costs ki ka current expenses py impact dkha jata ha js se future expense predict ki jati ha.aksr market ko 1 chart head dekha jata ha or phr us frame k mukhtalif plans hoty hain estrah diagram plans ko b notice kia jata ha particular examination estrha hamen particular examination se market ki heading or example ka andaza hota ha jis se mumble market essential achi entry le k advantage kar skty hain. Fundamental assessment Focal assessment major political financial or social factors ka jo impact kisi bhi trading pair py ya by and large market ly hota ha usko study kia jata ha or phr future check ki jati ha.technical examination to the last choice major forex market kamyabi k luh key assessment oy handle hona b lazmi ha akely na to head examination se koe kamyab hota ha na good tidings particular assessment se.fundaments ka market py bazojat high impact hota ha or market kafi unusual ho jati ha es lye fundamentals ko trade krna perilous b ha or useful bhi agr apko basics ka right data ho it ap fundamentsl trade kr k acha benefit le skty hain wrna ye 1 risks kam ha. Assessment Specific or fundamental assessment to the following principal sensation of forex agents ko kafi help krty hain cost movement ko research karny essential. Market sentiments ka mtlb hota ha k traders market ya phr ksi trade pair k bars head kia shaft rkhty hain q at end merchants ny hi us pair ya market essential trade karni ha agr un k assessments great hon gy to ye us pair ya metket k louh achi bat ha wagrna skeptical ha. Forex Essential Inclination Assessment ka mtlb hota ha k sellers ki positions kia hain zada expedites long kr rhy hn market ya short kar rhy hain

Starting out in the forex market can often result in a life cycle that involves diving in head first, giving up or taking a step back to do more research and open a demo accounts to practice. From there, new traders might feel more confident to open another live account, experience more success, and break-even or turn a profit. That is why it's important to build a framework for trading in the forex markets, which we outline below. Why Should We Focus on Medium-Term Forex Trading? Why are we focusing on medium-term forex trading rather than long- or short-term strategies? To answer that question, let's take a look at the following comparison table:

Type of Trader	Definition	Good Points	Bad Points
Short-Term (Scalper)	A trader who looks to open and close a trade within minutes, often taking advantage of small price movements with a large amount of leverage	Quick realization of profits or losses due to the rapid-fire nature of this type of trading	Large capital and/or risk requirements due to the large amount of leverage needed to profit from such small movements, and spread costs are more significant
Medium-Term	A trader typically looking to hold positions for one or more days, often taking advantage of opportunistic technical situations	Lowest capital requirments of the three because leverage is necessary only to boost profits	Fewer opportunities because these types of trades are more difficult to find and execute
Long-Term	A trader looking to hold positions for months or years, often basing decisions on long-term fundamental factors	More reliable long-run profits because this depends on reliable fundamental factors	Large capital requirements to cover volatile movements against any open positon

Now, you will notice that both short-term and long-term traders require a large amount of capital – the first type needs it to generate enough leverage, and the other to cover volatility Although these two types of traders exist in the marketplace, they are comprised of high-net-worth individuals, asset managers or larger institutional investors. For these reasons, retail traders are most likely to succeed using a medium-term strategy. The Basic Forex Trading Framework The framework covered in this article will focus on one central concept: trading with the odds. To do this, we will look at a variety of techniques in multiple timeframes to determine whether a given trade is worth taking. Keep in mind, however, that this is not intended to be represented as a mechanical/automatic trading system; rather, a discretionary system. You may choose to act on signals you observe or dismiss them. The key is finding situations where all (or most) of the technical signals point in the same direction. These high-probability trading situations will, in turn, generally be profitable. Forex Chart Creation and Markup Selecting a Trading Program We will be using a free program called MetaTrader to illustrate this trading strategy however, many other similar programs can also be used that will yield the same results. There are two basic trading program requirements:

• The ability to display three different timeframes simultaneously
• The ability to plot technical indicators, such as moving avergaes (EMA and SMA), relative strength index (RSI), stochastics and moving average convegence divergence(MACD)

Setting up the Indicators Now we will look at how to set up this strategy in your chosen trading program. We will also define a collection of technical indicators with rules associated with them. These technical indicators are used as a filter for your trades. If you choose to use more indicators than shown here, you will create a more reliable system that will generate fewer trading opportunities. Conversely, if you select fewer indicators than shown here, you will create a less-reliable system that will generate more trading opportunities. Here are the settings that we will use for this article:

• Minute-by-minute candlestick chart
• RSI (15)
• stochastics (15,3,3)
• MACD (Default)
• Hourly candlestick chart
• EMA (100)
• EMA (10)
• EMA (5)
• MACD (Default)
• Daily candlestick chart
• SMA (100)

Adding in Other Studies Now you will want to incorporate the use of some of the more subjective criteria, such as the following:

• Significant trendlines that you see in any of the timeframes
• Fibonacci retracements or fans that you see in the hourly or daily charts.
• Support or resistance that you see in any of the timeframes.
• pivot points calculated from the previous day to the hourly and minutely charts.
• Chart patterns that you see in any of the timeframes

Starting out in the forex market can often result in a life cycle that involves diving in head first, giving up or taking a step back to do more research and open a demo accounts to practice. From there, new traders might feel more confident to open another live account, experience more success, and break-even or turn a profit. That is why it's important to build a framework for trading in the forex markets, which we outline below. Why Should We Focus on Medium-Term Forex Trading? Why are we focusing on medium-term forex trading rather than long- or short-term strategies? To answer that question, let's take a look at the following comparison table:

Type of Trader	Definition	Good Points	Bad Points
Short-Term (Scalper)	A trader who looks to open and close a trade within minutes, often taking advantage of small price movements with a large amount of leverage	Quick realization of profits or losses due to the rapid-fire nature of this type of trading	Large capital and/or risk requirements due to the large amount of leverage needed to profit from such small movements, and spread costs are more significant
Medium-Term	A trader typically looking to hold positions for one or more days, often taking advantage of opportunistic technical situations	Lowest capital requirments of the three because leverage is necessary only to boost profits	Fewer opportunities because these types of trades are more difficult to find and execute
Long-Term	A trader looking to hold positions for months or years, often basing decisions on long-term fundamental factors	More reliable long-run profits because this depends on reliable fundamental factors	Large capital requirements to cover volatile movements against any open positon

Now, you will notice that both short-term and long-term traders require a large amount of capital – the first type needs it to generate enough leverage, and the other to cover volatility Although these two types of traders exist in the marketplace, they are comprised of high-net-worth individuals, asset managers or larger institutional investors. For these reasons, retail traders are most likely to succeed using a medium-term strategy. The Basic Forex Trading Framework The framework covered in this article will focus on one central concept: trading with the odds. To do this, we will look at a variety of techniques in multiple timeframes to determine whether a given trade is worth taking. Keep in mind, however, that this is not intended to be represented as a mechanical/automatic trading system; rather, a discretionary system. You may choose to act on signals you observe or dismiss them. The key is finding situations where all (or most) of the technical signals point in the same direction. These high-probability trading situations will, in turn, generally be profitable. Forex Chart Creation and Markup Selecting a Trading Program We will be using a free program called MetaTrader to illustrate this trading strategy however, many other similar programs can also be used that will yield the same results. There are two basic trading program requirements:

• The ability to display three different timeframes simultaneously
• The ability to plot technical indicators, such as moving avergaes (EMA and SMA), relative strength index (RSI), stochastics and moving average convegence divergence(MACD)

Setting up the Indicators Now we will look at how to set up this strategy in your chosen trading program. We will also define a collection of technical indicators with rules associated with them. These technical indicators are used as a filter for your trades. If you choose to use more indicators than shown here, you will create a more reliable system that will generate fewer trading opportunities. Conversely, if you select fewer indicators than shown here, you will create a less-reliable system that will generate more trading opportunities. Here are the settings that we will use for this article:

• Minute-by-minute candlestick chart
• RSI (15)
• stochastics (15,3,3)
• MACD (Default)
• Hourly candlestick chart
• EMA (100)
• EMA (10)
• EMA (5)
• MACD (Default)
• Daily candlestick chart
• SMA (100)

Adding in Other Studies Now you will want to incorporate the use of some of the more subjective criteria, such as the following:

• Significant trendlines that you see in any of the timeframes
• Fibonacci retracements or fans that you see in the hourly or daily charts.
• Support or resistance that you see in any of the timeframes.
• pivot points calculated from the previous day to the hourly and minutely charts.
• Chart patterns that you see in any of the timeframes

how to trade in forex Dear member Forex ya foreign exchange ek aisa market hai jahan currencies ki khareed-o-farokht ki jaati hai. Yeh market 24 ghante khula rehta hai aur duniya bhar ke traders is mein apni currencies ki khareed-o-farokht karte hain. Is market mein trade karna ek lamba aur mushkil kaam ho sakta hai lekin agar aap iske baare mein sahi tarike se jaan lein toh aap iss market se achi kamaai kar sakte hai How to understand currency pair Dear member Forex mein trading karne ke liye sabse pehle aapko currency pairs ki samajh honi zaroori hai. Is market mein aam taur par 4 major currency pairs trade kiye jaate hain - EUR/USD, GBP/USD, USD/JPY, aur USD/CHF. Har ek currency pair mein ek currency ka rate dusre currency ke saath compare kiya jaata hai chosing a trading plateform Dear member Forex trading ke liye aapko ek trading platform chunna hoga. Kai companies jaise MetaTrader, cTrader aur NinjaTrader forex trading ke liye platform provide karte hain. Aap in platforms mein se kisi bhi ek ko choose kar sakte hain. open account Dear member Ek forex broker ke through aapko ek trading account open karna hoga. Aapko apne broker ko apni personal information provide karni hogi aur woh aapko account ke liye login information provide karenge. prepare trading strategy Dear member Forex trading ke liye aapko apni trading strategy tayyar karni hogi. Aapko yeh decide karna hoga ke aap long-term ya short-term trading karna chahte hain aur kis tarah ke indicators ka use karna chahte hain. Aap apne trading strategy ko backtest kar sakte hain taki aapko pata chale ke yeh kitna effective hai. choose order types Dear member Forex mein trade karne ke liye aapko order type choose karna hoga. Aapko decide karna hoga ke aap buy karna chahte hain ya sell karna chahte hain. Iske alawa, aapko decide karna hoga ke aap market order ya limit order use karna chahte hain. planning of risk management Dear member Forex trading mein risk management ka plan banana bahut zaroori hai. Aapko apni trading account ki equity ka use karte hue apni trades ke liye stop loss aur take profit levels tayyar karna hoga. start of trading Dear member Ab aap forex trading ke liye tayyar hain. Aap apne trading platform par login kar sakte hain aur apni trades ko execute kar sakte hain. Aapko apne trades ko monitor karna hoga taki aapko pata chale ke aapke trades kis tarah perform kar rahe hain. In conclusion, forex trading ek challenging lekin lucrative career option hai. Agar aap ismein mehnat karte hain aur sahi tarike se trade karte hain toh aap iss market se achi earning hasil kar sakty hai

how to trade in forexDear member Forex ya foreign exchange ek aisa market hai jahan currencies ki khareed-o-farokht ki jaati hai. Yeh market 24 ghante khula rehta hai aur duniya bhar ke traders is mein apni currencies ki khareed-o-farokht karte hain. Is market mein trade karna ek lamba aur mushkil kaam ho sakta hai lekin agar aap iske baare mein sahi tarike se jaan lein toh aap iss market se achi kamaai kar sakte hain.How to understand currency pair Dear member Forex mein trading karne ke liye sabse pehle aapko currency pairs ki samajh honi zaroori hai. Is market mein aam taur par 4 major currency pairs trade kiye jaate hain - EUR/USD, GBP/USD, USD/JPY, aur USD/CHF. Har ek currency pair mein ek currency ka rate dusre currency ke saath compare kiya jaata hai.chosing a trading plateformDear member Forex trading ke liye aapko ek trading platform chunna hoga. Kai companies jaise MetaTrader, cTrader aur NinjaTrader forex trading ke liye platform provide karte hain. Aap in platforms mein se kisi bhi ek ko choose kar sakte hain.open accountDear member Ek forex broker ke through aapko ek trading account open karna hoga. Aapko apne broker ko apni personal information provide karni hogi aur woh aapko account ke liye login information provide karenge.prepare trading strategyDear member Forex trading ke liye aapko apni trading strategy tayyar karni hogi. Aapko yeh decide karna hoga ke aap long-term ya short-term trading karna chahte hain aur kis tarah ke indicators ka use karna chahte hain. Aap apne trading strategy ko backtest kar sakte hain taki aapko pata chale ke yeh kitna effective hai.choose order types Dear member Forex mein trade karne ke liye aapko order type choose karna hoga. Aapko decide karna hoga ke aap buy karna chahte hain ya sell karna chahte hain. Iske alawa, aapko decide karna hoga ke aap market order ya limit order use karna chahte hain.planning of risk managementDear member Forex trading mein risk management ka plan banana bahut zaroori hai. Aapko apni trading account ki equity ka use karte hue apni trades ke liye stop loss aur take profit levels tayyar karna hoga.start of trading Dear member Ab aap forex trading ke liye tayyar hain. Aap apne trading platform par login kar sakte hain aur apni trades ko execute kar sakte hain. Aapko apne trades ko monitor karna hoga taki aapko pata chale ke aapke trades kis tarah perform kar rahe hain.In conclusion, forex trading ek challenging lekin lucrative career option hai. Agar aap ismein mehnat karte hain aur sahi tarike se trade karte hain toh aap iss market se achi earning hasil kar sakty hain

How to trade in forex Dear member Forex ya foreign exchange ek aisa market hai jahan currencies ki khareed-o-farokht ki jaati hai. Yeh market 24 ghante khula rehta hai aur duniya bhar ke traders is mein apni currencies ki khareed-o-farokht karte hain. Is market mein trade karna ek lamba aur mushkil kaam ho sakta hai lekin agar aap iske baare mein sahi tarike se jaan lein toh aap iss market se achi kamaai kar sakte hain. how to understand currency pair Dear member Forex mein trading karne ke liye sabse pehle aapko currency pairs ki samajh honi zaroori hai. Is market mein aam taur par 4 major currency pairs trade kiye jaate hain - EUR/USD, GBP/USD, USD/JPY, aur USD/CHF. Har ek currency pair mein ek currency ka rate dusre currency ke saath compare kiya jaata hai.chosing a trading plateform Dear member Forex trading ke liye aapko ek trading platform chunna hoga. Kai companies jaise MetaTrader, cTrader aur NinjaTrader forex trading ke liye platform provide karte hain. Aap in platforms mein se kisi bhi ek ko choose kar sakte hain.open accountDear member Ek forex broker ke through aapko ek trading account open karna hoga. Aapko apne broker ko apni personal information provide karni hogi aur woh aapko account ke liye login information provide karenge. prepare trading strategy Dear member Forex trading ke liye aapko apni trading strategy tayyar karni hogi. Aapko yeh decide karna hoga ke aap long-term ya short-term trading karna chahte hain aur kis tarah ke indicators ka use karna chahte hain. Aap apne trading strategy ko backtest kar sakte hain taki aapko pata chale ke yeh kitna effective hai. chose of order types Dear member Forex mein trade karne ke liye aapko order type choose karna hoga. Aapko decide karna hoga ke aap buy karna chahte hain ya sell karna chahte hain. Iske alawa, aapko decide karna hoga ke aap market order ya limit order use karna chahte hain. Planning of risk management Dear member Forex trading mein risk management ka plan banana bahut zaroori hai. Aapko apni trading account ki equity ka use karte hue apni trades ke liye stop loss aur take profit levels tayyar karna hoga. start of trading Dear member Ab aap forex trading ke liye tayyar hain. Aap apne trading platform par login kar sakte hain aur apni trades ko execute kar sakte hain. Aapko apne trades ko monitor karna hoga taki aapko pata chale ke aapke trades kis tarah perform kar rahe hain.In conclusion, forex trading ek challenging lekin lucrative career option hai. Agar aap ismein mehnat karte hain aur sahi tarike se trade karte hain toh aap iss market se achi earning hasil kar sakty hain.

Analyzing the Market: Specific assessment aik aisa amal hain jis significant unhindered economic system leader move karny waly trading pair ki improvement ko dekha jata ha ok wo kaisy begave karta ha.Or es essential past fees ki ka modern expenses py effect dkha jata ha js se destiny cost are expecting ki jati ha.Aksr market ko chart head dekha jata ha or phr us frame k mukhtalif plans hoty hain estrah diagram plans ko b observe kia jata ha particular examination estrha hamen particular examination se market ki heading or example ka andaza hota ha jis se mumble market essential achi access le okay advantage kar skty hain. Aisay ke Chicago mercantile exchange, aur muahiday ki common lambai taqreeban teenager mah hoti hai. Currency future contracts agreement ki tareekh par badli jane wali forex ke standard hujam. Choosing a Forex Broker: Ki wazahat karte hain, aur muahidon mein aam tor par sood shaamil hota hai. Currency destiny ke muahiday aksar multi countrywide carporations apni forex ki pozishnon ko hadge karne ke liye istemaal karte hain. Qiyaas aarai karne walay pesheen goi shuda sharah mubadla ki naqal o harkat se faida uthany ki umeed mein mustaqbil ka istemaal karte hain. Fundamental forex market exam ka mtlb hota ha various strategies of using kar okay ap market ki bearing or trenda ka pata lgaty hain.Worthwhile dealer banny ok lye apko market ki heading kr sample ka pata hona lazmi ha agr ap marketplace ko bagher ruin down kiye trade playing cards hain it apko misfortune hony okay possibility ziaata hoty hain.Es louh apni shops ko beneficial bnany okay louh apko chahye ok marketplace ko inspect karna seekhen. Forex trading ke liye aapko ek trading platform chunna hoga. Kai groups jaise MetaTrader, cTrader aur NinjaTrader forex trading ke liye platform offer karte hain. Aap in platforms mein se kisi bhi ek ko select kar sakte hain.Open accountDear member Ek foreign exchange dealer ke thru aapko ek buying and selling account open karna hoga. Understanding Forex Trading:Aapko apne broking ko apni personal records provide karni hogi aur woh aapko account ke liye login information provide karenge. The Forex market ya foreign exchange ek aisa marketplace hai jahan currencies ki khareed-o-farokht ki jaati hai. Yeh marketplace 24 ghante khula rehta hai aur duniya bhar ke buyers is mein apni currencies ki khareed-o-farokht karte hain. Is marketplace mein change karna ek lamba aur mushkil kaam ho sakta hai lekin agar aap iske baare mein sahi tarike se jaan lein toh aap iss marketplace se achi kamaai kar sakte hain. Tarseel ke lain dainn hain jin mein do currencies ke darmiyan barah e raast tabadlah shaamil hai. Woh aik muahiday ke bajaye naqad lain dain hain, aur koi sood nahi liya jata hai. Lekin Forex Brokrz aksar customers se aik choti si' swap' costs wusool karte hain taakay aik meyaad khatam honay walay lain dainn ko dosray aik jaisi lain dain mein tabdeel kya ja sakay.