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Euro at the moment is very dependent on how the ECB meeting will turn out and their decision on interest rates. It is not certain to predict euro movement for sure.

Forex for beginners you should stay with major currencies pairs like EUR/USD or USD/JPY as they have high liquidity and not too risky volatility.

If you don't make money then i would really suggest you look back on your trading risk management and how you handle your losses. Are you backtesting your strategy properly? You need to ask yourself questions on why you aren't making money.

Pro: Forex market is still the biggest trading market so it's very liquid. Major currencies can be traded easily and around the clock thanks to multiple markets (Sydney, Asia, Europe, US). Cons: Volatility of the forex market can give you more opportunities but also can lead to losses if you...

Choosing a good broker can be challenging as there are so many out in the market. i would suggest you look out for one with regulations like FCA or ASIC, Cysec so your money is safe with them. Next is checking their spreads, commission fees, deposit and withdrawal process if it's fast or not.

Asides from stable standard big names, i'm currently also reading Aximdaily.com for their weekly market outlook/recap. They give some pretty good insights for the week so you know what to look out for.

There is no denying that there is an aspect of gambling while trading forex as we are ultimately trying to predict the future. It can be an addiction if you don't know how to control yourself and can easily lead to huge losses. That why knowing how to handle your trading losses is vital...

There are many challenges forex traders will encounter. The most important one would be greed as it's not always easy to stop yourself from overtrading when you get into a losing streak. There are several ways you can try to do to handle trading losses like taking a break, accepting your...

there are quite a few differences between stock vs forex markets. Stock tends to be more volatile and usually better for swing trading than day trading. Furthermore, not all stocks have equal liquidity so you want to trade major stocks more than penny stock. Forex market is the biggest market...

Measure your trading performance is very important so you know whether your strategy works or not. There are few factors that you need to measure like: drawdown, holding time, win/lose statistics. Trading is about consistency for long-term gain so having a consistent % of return monthly is...

Money management is vital to successful trading. Hence why new trader should open micro/cent account instead of demo account so they can start trading with real money, which is more beneficial for risk and fund management as you tend to be more careful when trading with your own money.

With the current situation, it will undoubtedly affect commodities which indirectly affect currencies as well. There is a correlation between commodities and currency so majors pairs will experience higher volatility.

With the current situation over Ukraine and Russia. Oil/gold are also good instruments to trade besides forex. There are correlations between currency and commodities so you can take more opportunities.

Agree, a broker that is regulated is way more reliable and trusted than an unregulated one. I recommend AximTrade, the one i'm currently trading with, good spread and fast deposit/withdrawal. You can check out their aximtrade review.

I agree, lower leverage can be safer for beginner as they don't risk too much on their trade but I want to add in another point. Micro or cent account is also very good for beginner to go with leverage trading as it allow them to trade with small capital like $10 so they can learn while still...

Micro or cent account is still more valuable imo as you can invest little amount for trading so your risk is minimal while still get to experience trading using real money which gonna be more useful to you as you learn. You are also gonna be more strict and less risky when playing with your own...

Duration vary on your trading style and market condition. Swing trading would have longer duration then say scalping so there is no definite answer for it.

hmm if you are a beginner then I would suggest range trading strategy as it only requires identifying a range with opportunities to buys and sell over a short period of time. It is one of the easiest to execute because a trader just buys when a market reaches an oversold/support level and sells...

If you backtest and forward testing your strategy and still don't see the result. You may need to evaluate the current market condition and see if your current trading strategy is a good fit for it or not. Sometimes you just need to look at things from another angle and come up with a different...

Due to the fact that you can trade through multiple trading sessions that enable 24/7 trading (Sydney, Asia, Europe, US), there isnt an exact start of the day unless you talk about a specific session only.