What is the best Forex Trading strategy in a dealing simulation (over-the-counter)?
Currently a university student in Australia, majoring in Economics and Finance. This semester, I am doing a finance course where I am expected to go to a dealing room and start trading – dealing simulation. So, there will be two groups where companies will be quoting from banks (companies and banks).
I’m out of ideas as to how I should trade and be the best in the dealing room, in terms of strategy. Any ideas? Five stars for best answer. Thanks!
Comments
If you are beginner you can try this free metatrader forex strategy
http://www.metatraderstrategy.com/
hello,
here you can find a list best forex trading platforms that most traders use
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http://forexplatformslist.com
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good luck
fx trader(since 2000)
July 31st, 2010 at 3:08 pm
Download NinjaTrader for free and use their built-in simulator and start trading now real-time, with professional indicators and charts. At the very least, you’ll get a feel for actual trading and terms and definitions and what it all means. Your finance class should give you ideas on how to make money. Otherwise, email me, and I’ll send you some ebooks on Forex trading. You’ll have to send me your email address for me to send an attachment.
http://www.ampfutures.com/index.php
They won’t require you to fund the account for several months, maybe six months. The data feeds for forex and futures are also free.
You can also download ThinkOrSwim for free also, but won’t have access to the data for export/import into Excel or other program, where Ninjatrader you do. Ninjatrader is great for the small trader, and you can start with as little as $500.
http://www.babypips.com/school/market_hours.html
http://news.tradingcharts.com/forex/headlines/Forex.html
http://forex-trading.bluecollarnews.com...
http://www.forex-learning.com/forex-trading-technical-analysis/forex-trading-technical-analysis
useful e books:
http://www.rapidforex.com/
http://www.traderssecretcode.com...
http://www.1forextrading.com/
http://forexmarketsuccess.com/forex-ebook/
Forex simulator:
http://fxtrader.investopedia.com/Registration/Register4.aspx