Hi everyone,
This is my very first post in this forum but have been reading other's posts for some time now.
I do agree with the other people's post that this may be the best forex forum. I said "may be" because I haven't searched for other forums ever since I came across forex factory. I just want to say thank you and hope you keep up the good work. I also would like to be one of the contributors here in the future.
Anyway, I've just become involved with the markets recently (about two months ago). with 0% knowledge of the markets, or how it works. Trading in forex was my very first experience in trading and somehow I'm very much enthusiastic to learn about trading. (Maybe because of the probability of high earnings).
Anyway, I opened a mini-account (about $500 dollar account) and lost it about 60% of it in two weeks.. After that, I figured that I should study it first.. which should have been my first step, but there was a reason behind it.. But anyway, I won't talk about it here.. Anyway, after those two weeks, I read Van Tharp's "Trade your way.." and somehow, what was written there actually hit the spot, like the emotions you'll encounter when trading, etc. etc..
Well, just to make the long story short, I failed and learned from experience (though still not enough), and I'm currently reading Diallist's list of books.
I guess you're probably asking, that this is not related with the subject of this thread.. which really is not, I just wanted to share my story.. But anyway, here's my question..
Since I'm really a newbie in the market and I'm currently reading books, I just have a question.. Maybe I'll get the answer after all my reading is done, but I'll ask anyway..
Could you please tell me the reason behind the change in currency prices in forex? Or what causes such change? Could you please give me an example or a story that triggers a price change?
Hoping for your very kind replies..
Athan
This is my very first post in this forum but have been reading other's posts for some time now.
I do agree with the other people's post that this may be the best forex forum. I said "may be" because I haven't searched for other forums ever since I came across forex factory. I just want to say thank you and hope you keep up the good work. I also would like to be one of the contributors here in the future.
Anyway, I've just become involved with the markets recently (about two months ago). with 0% knowledge of the markets, or how it works. Trading in forex was my very first experience in trading and somehow I'm very much enthusiastic to learn about trading. (Maybe because of the probability of high earnings).
Anyway, I opened a mini-account (about $500 dollar account) and lost it about 60% of it in two weeks.. After that, I figured that I should study it first.. which should have been my first step, but there was a reason behind it.. But anyway, I won't talk about it here.. Anyway, after those two weeks, I read Van Tharp's "Trade your way.." and somehow, what was written there actually hit the spot, like the emotions you'll encounter when trading, etc. etc..
Well, just to make the long story short, I failed and learned from experience (though still not enough), and I'm currently reading Diallist's list of books.
I guess you're probably asking, that this is not related with the subject of this thread.. which really is not, I just wanted to share my story.. But anyway, here's my question..
Since I'm really a newbie in the market and I'm currently reading books, I just have a question.. Maybe I'll get the answer after all my reading is done, but I'll ask anyway..
Could you please tell me the reason behind the change in currency prices in forex? Or what causes such change? Could you please give me an example or a story that triggers a price change?
Hoping for your very kind replies..
Athan