New Forex Education Sessions

Our education subscribers patiently waited for 1.2594 to reject, as they knew when to execute and patience paid. 

Education Subscribers also traded the above set up for 20 pips. 

 Charting Today would be having a new forex education session from this Sunday, 2nd September at 16.30GMT (12:30pm New York time) The 75minutes - 90 minutes detailed sessions would be held on 4 Sundays. Besides these weekly live conversations, education subscribers would also be getting daily emails that would explain as to how those lessons that are being taught are working in the current market. Education subscribers would get a good idea as to how the lessons can be implemented with the daily emails.

For those who are really interested to pursue trading as a career, we encourage you to register with
Charting Today.  It is not just about reading the charts, but it is more important to distinguish as to what is worth reading; as when you know better, you do better.

Queries regarding this can be sent to mariam@chartingtoday.com

GBP/USD

Expected 1.5849 to attract price, and it eventually did..

NZD/USD

Waited for the round figure bounce trade from Sunday, and finally got it.

GBP/CHF

Planned a gbp/chf short last night, and got the optimum entry.

AUD/CAD

Caught the bottom to buy aud/cad at 1.0274 for a day trade on a very low liquid day.

AUD/USD

Perhaps the easiest set up of the month.

Analyzing Forex Trading Data and Choosing Currency Pairs

Choosing Currency Pairs

Before you can begin your forex analysis you will need to choose which currencies you’ll buy and sell, so you know which forex trading charts to review. Choosing which currency to trade and analyze is really a matter of choice.

Of course, you don’t want to choose a currency you know absolutely nothing about because it will require more effort to stay on top of relevant news that may affect the frequency or volume in which your currencies are traded.

Look at different currency analysis when you do your forex trading tutorials if you have yet to make a decision on the currencies you want to trade.

Analyzing Forex Trading Data
After taking a look at forex trading tutorials it’s time to take a look at a different set of data, known as forex analysis. To analyze forex trading data you’ll need to review various forex charts.

One way in which you’ll perform forex analysis is by looking at forex indicators, which are graphs that tell you when its time to enter or exit the market. You will choose indicators from several different categories to help you make the proper decision, by analyzing these forex charts.

The other type of forex trading chart that will be most important to you is the currency charts. These charts let you know how two specific currencies (USD/EUR) are performing. Many websites allow you to create forex trading charts so you can set up indicators for the pair of currencies you want to buy and sell.

AUD/USD

Tiny Aussie day trade.

GBP/USD

The daily fib held the rally, and a few susbcribers got the pips.

AUD/USD

+25 on FOMC AUD/USD.

EUR/AUD

Got a decent day trade short E\AUD from 1.1940

USD/CHF

UCHF - the retrace long from 0.9630 was fully closed at 0.9645 after more than 12 hours of consolidation.

AUD/CAD

Acad Day Trade.

AUD/USD

Easy AUD trade monday afternoon.

GBP/CHF

Bids came in at the right time for our successful long.

GBP/USD

Post retail sales, shorted GU above yesterdays highs for a day trade.

AUD/CAD

SMA 200 daily chart held the line.

EUR/USD

 The trade from 1.2325 was fully closed a shade above yesterdays highs. +48

EUR/USD

Easiest trade of the year.

EUR/JPY

Entry was the key on this trade.

AUD/JPY

AUD/JPY pending long worked for a few pips on Friday.

EUR/GBP

Grinded out a small long from 0.7855 on EUR.GBP.

EUR/USD

A very well planned long EU from 1.2289.

EUR/USD

A very well planned long EU from 1.2289.

EUR/USD

A very well planned long EU from 1.2289.

AUD/USD

Used both fundamentals and technicals to long Aud/Usd.

What Is Forex Trading? – What You Need To Know To Start Trading Forex

Whenever you start a new venture the best thing to do is your homework. That is doubly true when it comes to forex trading. This is one business opportunity that really requires you to do your homework, or risk losing lots of money.

Before you begin trading forex it’s important to understand what forex trading is, and how to do it successfully.

What Is Forex Trading?
Simply put, forex trading is trading currencies in the foreign exchange market. Various foreign currencies like the dollar, pound, euro and yen are traded against one another.
Whether you trade forex through a broker or you become a forex trader, it will be up to you to decide which currency pair you will buy and sell.

Before You Begin

If you’ve recently asked the question what is forex trading then your first step should be to watch some forex trading tutorials. A forex trading tutorial will teach you the basics of trading forex if you need them, but there are advanced forex trading tutorials for traders looking for new trading strategies.

A cursory search online and you will find introductory forex trading tutorials as well as advanced tutorials. This will allow you to see new trends in forex trading so that you can tweak your forex trading strategies as necessary.

Plus a forex trading tutorial can give you a glimpse at what a day in the life of a forex trader is like. Looking at indicators and making important decisions about when to enter or exit the market. This way you’ll know immediately if this is something that you can successfully.

When you have time, visit our main Forex site at ForexBoost. We have lots of free training material and trading strategies to help anyone understand this business more and become great at trading.

GBP/CHF

Traded a well planned retrace move.

NZD/USD

A long at 0.8120 closed too early at 0.8133, while the eventual target came.