What strategies can i use

[denero234]

As a beginner in forex someone please tell me where to start with they journey

 

[Fxzombie]

Using a demo account to learn to use a trading platform can be a first step for a newbie, but learning the basics of forex can provide insight as a foundation for diving into the challenging world of forex. You can learn a trading strategy and apply it in a demo account without any risk of losing real money.

 

[pippin]

Momentum, trend-following, reversals, pullbacks, candestick patterns etc. Lots of them. But personally I prefer to trade with S/R because I like graphical analysis.

 

[Fin_Trader]

It is better for you to start with a demo account and first see how support and resistance levels, trend lines and channels work. It is also important to choose non-volatile pairs for trading while you are a beginner, for example, you can use EURUSD, which is the most liquid pair with smoother movements and minimal spreads (for example, my broker has a spread of only 0.1-0.2 for this pair).

 

[pamm-2013]

As a beginner in forex someone please tell me where to start with they journey

I use a simple but very profitable system. I buy cheaper, sell more expensive, and vice versa!))

 

[Jonathan Lee]

As a beginner in forex, start by learning the basics—understand currency pairs, pips, spreads, and leverage. Study technical and fundamental analysis, and use demo accounts to practice. Develop a trading plan, focus on risk management, and gradually build experience. Consistent learning and patience are key to success.

 

[Jason Libson]

As a beginner in forex, start by learning the basics of currency pairs, market analysis (both technical and fundamental), and risk management. Practice on a demo account to build confidence without risking real money. Focus on developing a solid strategy, and gradually gain experience before trading with larger sums.