Hi Anna First of all I wanted to say how I absolutely enjoyed reading your book ‘Forex for Beginners’. It is an absolute must have when it comes to starting your journey with foreign exchange. I just regret that I didn’t read first, trade later, but just like your saying in your book it’s the best way to learn. I already have your second book guide to volume price analysis so I will let you know how I’m getting on with that title. I have just two quick questions, and I do appreciate that you can be busy but I would much appreciate your honest opinion. Which is best broker at the moment to start with, having around 500 euro of capital? And where can I find currency strength indicators on mt4 platform? Thanks again for writing such an excellent book and I hope it will help me be successful trader. All the best
Hi – Many thanks for your email and for your very kind and generous comments. Just so delighted you have bought my books and hope they will be able to guide you in your trading journey. With regard to brokers, a good site to visit is www.100forexbrokers.com for further information. At this site, not only will you be able to research brokers according to type, but also the minimum deposit required, leverage, regulation etc. One suggestion is perhaps to use a permanent demo account with Oanda (but be aware they are a market maker) because they have a good feed & another broker to execute your trades – just a thought.
The currency strength indicator for MT4 featured in my book and in my forex room is available here where you can find more details – www.mt4.quantumtrading.com. You can also find more information on how I apply this indicator at my you tube channel, www.youtube.com/acoull – where I also expand on the volume price analysis method. There are currently over 100 videos there, and I am always adding more. Many of these are from the free training rooms I run, and I would love to see you there. You can join from my site. Hope the above helps, and thank you for taking the time to write to me – Anna