Welcome to the NSFX Academy, a growing resource of tools and materials to help you take the right steps towards becoming a successful Forex Trader. Set up your office: This includes things like your physical space requirements (real estate, phone lines, electric, internet, etc), evaluating, acquiring and setting up a trading platform, choosing your strategy (A Book or B Book), creating a website and collateral, hiring staff, designing an administrative system, creating a sales strategy, etc.
In forex, it would be just as foolish to buy or sell 1 euro, so they usually come in lots” of 1,000 units of currency (Micro), 10,000 units (Mini), or 100,000 units (Standard) depending on your broker and the type of account you have (more on lots” later).
Upon request, we can export all data to many other standard formats ( AbleSys , Neoticker , SierraCharts , Wealth-Lab , etc.) or according to your specifications, at no extra charge – you will have your own customized version of the Historical Data DVD!
Forex (short for foreign exchange and also known as FX) is the largest financial market in the world, trading is available 24 hours a day 5 days a week, which makes Forex (FX) the most exciting financial market in the world today with many trading opportunities each day.
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Although Trading in the Zone is not specifically about Forex trading it does deserve to be on this list – You see, to be a successful Forex trader you need the right mind-set, without this all the theory and knowledge in the world will be of little use to you.
One advantage is that in Forex candlestick charts, candles are colored accordingly to the direction of price movement: when the open rate is higher than the closing rate the candlestick is colored with a filled-in” body, and when the candlestick shows a hollow” body, that means the closing rate exceeds the opening rate.
In addition to the daily courses that we offer for people who work full time (that you can see on the left of this page), we are now also offering students looking for a career in Forex a six months course which includes 2 months of practical trading under the guidance of a profesional trader as well as assstance to build their own Forex Business based on other income streams in the Forex industry.
By making Forex trading possible without expensive equipment or a huge and powerful network or infrastructure, MetaQuotes first revolutionized day trading in 2000, and since then, they have consistently delivered to the trading public with quality software that performs at the highest level.
Sometimes you can see the more popular candlestick formations themselves, such as the ten listed above that have their Bullish and Bearish counterparts: The Bullish Hammers versus the Shooting Stars, the Morning Star versus the Evening Star, The Piercing Line versus the Dark Cloud, the Bullish Engulfing versus the Bearish Engulfing.