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Question by : What is the fx rates and how does it work?
Hello everyone!

I recently became interested in Forex Trading and it is very interesting for me. And my question:
What is the forex rates and how does it work?
Prompt response, if anyone knows. For a long time looking for the answer, but I can not find an exact answer.

Thanks in advance

Best answer:

Answer by JoeyV
You are very interested in forex trading but you don’t know what a forex rate is? Which aspect of forex trading are interested in?

Maybe you should go to a library or book store and get a book on forex and try to read it?

What do you think? Answer below!

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Search Terms Forex ePips:

• freedom rocks forex 2012

by chrome76

Question by brazuka: Best forex brokers and trading platforms ?
What is the best platform to trade real forex? I mean, considering most of the features, like if its trading software is good, if it’s reliable, if the money transfer of deposit and withdrawen is fast, if it’s convenient to do trading with it, if the support is fast and effective, and so on and so on.

Is there any good platform support Paypal or has european bank account?

Thank you for informations. I’m planning to do real trade, but first only with a mini account.

Best answer:

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Question by : Am I ready for a live forex account?
I’ve been collecting approximately 600 pips per month on a demo account? Should I practice beyond the 6 months I’ve been doing this or more to a live account?

Best answer:

Answer by Dave
600 pips per month is decent.

If you know WHY you have collected these pips i.e. your trades have been based on analysis and you have set your TP’s and SL’s properly then go for it.

BUT – you should write your trading plan before you go live – you may have already done this but just in case.

And be prepared for a very different emotional state when you trade live – its important to manage your emotions and step away if you find they are controlling you.

May the pips be with you!

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by Ed Yourdon

Question by blue_prince_of_dallas: Is anyone using Freedom Rocks system to trade Forex?
How long have you been using it? Are you making enough money with it to cover the $ 100 per month fee?

Best answer:

Answer by Paul U
I have been investing with the Freedom Rocks solution for about 4 months. The $ 100 per month fee is peanuts compared to the profits I have made and my clients have made in our accounts. I would be happy to share my results with you.

I have just completed a study showing how the Freedom Rocks methodology would have performed over the past 10,000 hours (13.5 months) trading any of the various currency pair combinations.

Feel free to send me an email and I will send both files to you for your review.

Paul Upp

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Question by Zach!: Forex Trading – What’s the difference between a Speculator & Hedger in the Forex Markets?

Best answer:

Answer by Grand Rapids
A speculator trades for profit. He does not have a bias toward any particular currency. His sole aim is to buy one currency while simultaneously selling the other for profit.

In comparison, a hedger (like a company looking to preseve profits in an international trade) is concerned about protecting its forex margin from adverse fluctuations.

Hedgers have an interest in only one side of the market (the currency in which they have hedged), while speculators trade any currency they find profitable.

Know better? Leave your own answer in the comments!

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