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Thread: Trading Currency in South Africa

  1. #11
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    Forex trading can be really hard these days, like EURUSD last months, up down up down.. no clear trend.

    I suggest to trade GOLD (xauusd), really simple to spot trends and trends on gold are mutch longer than currency pairs.

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    geroge5 (11-Apr-17)

  3. #12
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    Quote Originally Posted by easy_trade View Post
    Forex trading can be really hard these days, like EURUSD last months, up down up down.. no clear trend.

    I suggest to trade GOLD (xauusd), really simple to spot trends and trends on gold are mutch longer than currency pairs.
    Definitely if your job/career is not trading and you want to do this to start out and see how it feels, trading resources like gold and platinum is a good start.

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    New Member geroge5's Avatar
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    I am a beginner, I learn on a demo account to familiarize myself with the market environment before opening a real account. What currency pair would you advise ?.

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    Silver Member PlatinumWealth.co.za's Avatar
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    Quote Originally Posted by geroge5 View Post
    I am a beginner, I learn on a demo account to familiarize myself with the market environment before opening a real account. What currency pair would you advise ?.
    EURUSD is my personal favorite https://platinumwealth.co.za/insight...ical-analysis/

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  6. #15
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    In currency trading I prefer intraday trading, as the data required to do a bit more analysis, by means of the highest and lowest prices determine the day yesterday, then uses the moving average period of 24 hours to see the trend of price moves up or down from the average value

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    FreshForex have fast order execution and money withdrawal, the customer support are always responding properly to all my questions and concerns.

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