I'm glad i found a forum with people who are interested in forex as i am.
I don't have much trading background. I was taught a bit of technical analysis of stocks from this school. (it was a good foundation to start)
I had a few questions lingering in my head. (Some questions may sound stupid so please bear with me)
1. Technical analysis has many indicators and ways to use them. Do all the technical indicators that help people read entry and exit points for stocks the same for forex?
2. Do forex traders also look for doji, hamari, pullbacks, etc etc?
3. does global forex (GFT) go straight to the bank or does it go through a trading desk? [I hear that brokerages that execute your order from trading desks minipulate your trade and by the time your order gets executed, your pips will be off]
Please help me understand some of this. I'd really appreciate it.
I don't have much trading background. I was taught a bit of technical analysis of stocks from this school. (it was a good foundation to start)
I had a few questions lingering in my head. (Some questions may sound stupid so please bear with me)
1. Technical analysis has many indicators and ways to use them. Do all the technical indicators that help people read entry and exit points for stocks the same for forex?
2. Do forex traders also look for doji, hamari, pullbacks, etc etc?
3. does global forex (GFT) go straight to the bank or does it go through a trading desk? [I hear that brokerages that execute your order from trading desks minipulate your trade and by the time your order gets executed, your pips will be off]
Please help me understand some of this. I'd really appreciate it.