What is the mechanism that drives forex price up or down?
In stocks, you have a limited supply of shares. So, at some point, you run out of shares available at X price, and you have to move on to the next higher priced shares. For all intents and purposes, isn’t the available currency to trade basically unlimited? It seems like there would be more than enough available currency and would never budge the price. I have tried googling this answer and have found nothing. Any help would be appreciated.
Has anyone gotten FAST transaction refund from IsBankasi
Hi my fellow Turkish mates, I recently got scammed by someone on the Facebook market while purchasing an electronic item and I ended transferring some considerable amount of money only to realise i was being scammed afterwards. I did the transfer using FAST transfer available on the banks and when I contacted the bank they said the transaction is reversible, but depends on the other bank approving the refund or not and can take upto weeks sometimes. Has anyone faced this kind of issue and how quick did they get the refund. Any help pointers would be great
First time posting so be gentle. I'm in my late 30s, is it too late to learn trading/forex? Is it a young person's games ie eyeballs glued to monitors 24/7?
Is it necessary to follow a particular strategy(or make one) in forex trading? Cant we just make some good gains with support resistances, Chart patterns, Candlestick patterns and fundamentals?
Is there a way to get forex order books in realtime? Any providers for it? Oanda doesnt have it in their API
Are there any providers of forex order book that we can view orderbooks via streaming in socket in realtime? In crypto they have this and have been looking for something similar for forex. Thank you.
I wonder if anyone here has any prior experience with trading in general because i feel so LONELY and kinda lost (not so lost as i’ve been doing this for almost two years). as you now it’s a long long way, so I thought it might be nice to find people with common interests.
Is Forex trading a scam or do people make money from it?
The reason I'm asking is because I see these posts online daily and I'm curious about it.. obviously don't want to start if it's not a definite means of income. Is it legit? Are people genuinely making the kind of money they claim to in these videos?
Forex traders, what is the best way to understand and calculate leverage?
I've been around the forex industry for some time and this is one of the few things, no matter the way it was explained I couldn't understand it. I'm curious to hear other points of view.
I wish to query forex market data from IBKR using API. From what I understand of what stated here, I must maintain a balance of $500. On top of that:
...U.S. listed equities are USD 0.01 per quote request and all other instruments are USD 0.03 per quote request.
Do forex pairs fall under that category? Or does it fall under IBKR Currencies which come at no fee? Is there a restriction on how fast I can run the API? If I want to do paper trading first, is there any API for that? Does this API have any restriction compared to the real thing? TIA!
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