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Is it me, or is the quiz offered on this Forex training site wrong?
I'm still learning, so I could be wrong, but I can't figure out why my answers to this training site's Forex test were wrong, so I'm not sure I should trust this site. Here's why I think they're each wrong, can someone let me know if I'm wrong on any of these and why?
You can't translate pips to a flat profit amount, it depends on the percent change.
There are 4 major currency pairs, the others are commodity currencies, but not considered majors.
Liquidity is about a tighter spread, and there being more buyers/sellers available, not how much it moves.
The S&P 500 isn't necessarily the 500 largest, but is constructed based on a few other criteria besides just size.
So i'm about to turn 18 in half a year, with a lot of responsibilities i will get also a lot of possibilities. I don't really know much about how to save money, i have some savings for a car when i turn 18, but that's it. Nothing more. Also i'm searching for a job right now, on paper i've never worked in my life, also i have no debts to pay off, that means zero expenses and sometimes side hustle income(little jobs like repair a computer etc). I read here that some people recommend to save some money and by 50 you will be a millionaire. But in my case I live in Belgium and here u can't just save money and get much more in return about 20-30 years. Our highest intrest rate is 0.65% so that's not an option. I was thinking of start to invest some decent amount of money, but idk where to start. Nowadays i'm just fucking a bit around with trading apps like trading 212 and forex (test accounts) trying to understand the market. Maybe somebody got any tips or advice how to start building financial independance? Anything would be much appreciated.
I am putting forex gurus to the test. Im doing a video series to see if their strategies are actually profitable
I am putting forex gurus to the test. Let me know which strategy would you like to be tested I am doing a series where i test out strategies that are supposed to be profitable Here is my first video https://youtu.be/EK4HoVLd9hw
http://twitter.com/forex_in_world/status/1298472557381914625Bitcoin and Altcoins Designate Diagnosis: Testing Instant-Term Reinforce Ranges https://t.co/4l8WZVC4bk#forexsignals #forextrading #donaldtrump— FOREX IN WORLD (@forex_in_world) August 26, 2020
http://twitter.com/forex_in_world/status/1298471487993765889Bitcoin and Altcoins Designate Diagnosis: Testing Instant-Term Reinforce Ranges https://t.co/o971PWE9ck— FOREX IN WORLD (@forex_in_world) August 26, 2020
http://twitter.com/forex_in_world/status/1282772547835244549EUR/USD Forecast: Poised to test June month-to-month excessive at 1.1422 https://t.co/XtRdEAaLej— FOREX IN WORLD (@forex_in_world) July 13, 2020
Looking for historical forex data to run in a simulator to test trading
Not sure if it exists. I want to go to a point in time in the past and see a forex pair as if it was real time data. I then want to place trades and watch them unfold or fast forward/increase how quickly time passes. I don't mind paying for this. I googled but I can't seem to find anything. thanks
Trade 2 live accounts - one with full balance, 2nd as a live test? 0 replies 5/6 candle swing low swing high Indicator 3 replies swing high/swing low indicator and volume tic history 13 replies Forex Tester's data service allows you to download data from multiple brokers, right in the software. That alone is a huge time saver because you don't have to search for third party data, then store it on your computer. However, if there is third party data that you would like to use, then you can upload that into Forex Tester to. For successful Forex trading, a trader needs to choose a “service provider”, namely a brokerage company. ... Most demo accounts are designed to let new traders try the service, see how a brokerage company works and can test the application of various strategies before investing in real money in trading. Whether you want to learn forex trading or to improve a trading strategy. You need the right tools to succeed. We see demo-trading provided by most brokerage firms as a trap. Our team is determined to reveal and resolve the problems with demo accounts. Recreate desired market state at a specified point in history to test your trading ideas. Forex Tester is a software that simulates trading in the Forex market, so you can learn how to trade profitably, create, test and refine your strategy for manual and automatic trading.
How to BACKTEST a Forex Trading Strategy - YouTube
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