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Hi Rtrs,
Thanks to Nabi/Simon and others for giving us
the benefit of their experience on forexing.
The Daily chart needs
an open and a close. I guess most technical analysis
software would cut off at midnight, and treat it as a
close, treating the next tick as the open.
Somebody asked me about reading material on forex trading -
there is a book on trading currency by Luca mentioned to
me by a forex trader available at Amazon.com or any major
book store- I have no connection with either.
Obviously forex trading is
just now becoming accessible to the individual trader but
like currency futures it is better to have at least
$10,000 before considering trading it. Most reputed
companies set up a sizeable minimum. The Money Garden one
is the one with low minimum. I would stick to a company
that has a minimum of atleast 10,000 dollars , properly
segregated account and a good reputation. This kind of
trading is not regulated by CFTC/NFA as far as I know.
Does anybody trade using mostly internet,
quotes,orders,news etc. if so, how do they deal with the
internet unreliability. Happy trading, Ashif
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