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	<title>Forex Newbies &#187; Forex Basics</title>
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	<description>Forex articles tips tricks ebooks tools novice forex trader advice</description>
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		<title>Pip Value Formula</title>
		<link>http://www.forexnewbies.com/pip-value-formula/</link>
		<comments>http://www.forexnewbies.com/pip-value-formula/#comments</comments>
		<pubDate>Mon, 29 Mar 2010 13:36:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[money management]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=425</guid>
		<description><![CDATA[The&#160;standard pip value for&#160;the&#160;USD-based account and&#160;the&#160;USD-based currency pairs (EUR/USD, GBP/USD, AUD/USD, etc.) is $10 for&#160;the&#160;standard lot. But many beginning Forex traders soon stumble upon the&#160;non-USD currency pairs (USD/JPY, USD/CHF or&#160;more difficult – EUR/JPY, EUR/CHF) or&#160;the&#160;non-dollar based accounts. In&#160;all those cases, the&#160;value of&#160;a&#160;single pip for&#160;your positions isn’t obvious. Here’s simple formula to&#160;calculate the&#160;pip value in&#160;all possible [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Support and Resistance Lines: Learn How to Read the Charts!</title>
		<link>http://www.forexnewbies.com/support-and-resistance-lines-learn-how-to-read-the-charts/</link>
		<comments>http://www.forexnewbies.com/support-and-resistance-lines-learn-how-to-read-the-charts/#comments</comments>
		<pubDate>Thu, 26 Nov 2009 21:43:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[reward]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[support and resistance]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=419</guid>
		<description><![CDATA[Technical analysis teaches us how to&#160;read the&#160;language of&#160;the&#160;markets as&#160;we trade Forex online. After we learn how to&#160;read it, we may begin to&#160;speak it as&#160;well, interacting with fellow traders in&#160;the&#160;vast Forex universe, and&#160;profiting from our knowledge. Technical analysis’ tools of&#160;translation are the&#160;indicators, and&#160;price formations that are drawn on&#160;price charts. While many of&#160;these tools have their critics [...]]]></description>
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		<title>Recommended Forex Books</title>
		<link>http://www.forexnewbies.com/recommended-forex-books/</link>
		<comments>http://www.forexnewbies.com/recommended-forex-books/#comments</comments>
		<pubDate>Mon, 09 Nov 2009 13:15:54 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[forex ebook]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=415</guid>
		<description><![CDATA[Learning to&#160;trade Forex is somewhat easier if you have experience in&#160;equities, futures or&#160;options markets, but when you are a&#160;complete newbie, you&#8217;ll need to&#160;start from the&#160;basics. When learning from start, there are little as&#160;useful methods as&#160;reading the&#160;books. Forex and&#160;general trading books are so popular and&#160;numerous nowadays that it takes a&#160;lot of&#160;effort to&#160;find those pieces that will [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Forex Demo Account</title>
		<link>http://www.forexnewbies.com/forex-demo-account/</link>
		<comments>http://www.forexnewbies.com/forex-demo-account/#comments</comments>
		<pubDate>Fri, 09 Oct 2009 12:12:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[forex demo]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=409</guid>
		<description><![CDATA[Forex demo account is one of&#160;the&#160;best learning, practicing, educational, informational and&#160;even entertaining tools that every Forex newbie can use for&#160;his advantage. Sometimes, beginning currency traders underestimate the&#160;usefulness (and&#160;I&#160;would say, the&#160;necessity) of&#160;the&#160;demo account trading. Demo account can be opened with almost any Forex broker and&#160;in&#160;99.9% of&#160;cases it&#8217;s completely free. On&#160;the&#160;demo account one can trade Forex with [...]]]></description>
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		<title>Forex Problems You Will Face</title>
		<link>http://www.forexnewbies.com/forex-problems-you-will-face/</link>
		<comments>http://www.forexnewbies.com/forex-problems-you-will-face/#comments</comments>
		<pubDate>Sat, 26 Sep 2009 11:17:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[Forex scam]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=404</guid>
		<description><![CDATA[At&#160;some point of&#160;their learning curve newbie traders eventually face some of&#160;the&#160;problems that are intrinsic to&#160;the&#160;Forex trading industry. So, what are these problems, how to&#160;deal with them or&#160;even avoid them? Old Strategies Stop Working. You should be ready to&#160;update, tweak and&#160;tune your Forex trading strategy if you want to&#160;keep it profitable. Market conditions evolve and&#160;the&#160;old strategies [...]]]></description>
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		<title>Japanese Candlestick Bar Explained</title>
		<link>http://www.forexnewbies.com/japanese-candlestick-bar-explained/</link>
		<comments>http://www.forexnewbies.com/japanese-candlestick-bar-explained/#comments</comments>
		<pubDate>Mon, 27 Jul 2009 17:17:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[forex chart]]></category>
		<category><![CDATA[japanese candlestick]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=390</guid>
		<description><![CDATA[Almost all&#160;Forex analysts, mentors and&#160;common traders speak in&#160;the&#160;terms of&#160;the&#160;Japanese candlestick charts. When they present the&#160;example chart, it&#8217;s&#160;usually comprised of&#160;the&#160;small candles with weird lines and&#160;colors. A&#160;person that is&#160;not&#160;acquainted with the&#160;Japanese candlestick bars can&#160;be&#160;easily confused with such charts. That&#8217;s why&#160;it&#8217;s&#160;important to&#160;understand this most popular chart data representation. You&#8217;ve&#160;probably already seen something like this: On&#160;the&#160;image you&#160;can&#160;see&#160;a&#160;Japanese candlestick chart [...]]]></description>
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		<slash:comments>1</slash:comments>
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		<item>
		<title>Calculating Profit/Loss in Forex Trading</title>
		<link>http://www.forexnewbies.com/calculating-profitloss-in-forex-trading/</link>
		<comments>http://www.forexnewbies.com/calculating-profitloss-in-forex-trading/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 18:24:48 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[forex example]]></category>
		<category><![CDATA[forex positions]]></category>
		<category><![CDATA[forex trading]]></category>
		<category><![CDATA[loss]]></category>
		<category><![CDATA[profit]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=360</guid>
		<description><![CDATA[Trading currencies involves more than technical knowledge and up&#160;to&#160;date information regarding market news and events. Each trade has its own numeric particularities, which will determine your profit/loss depending on&#160;several factors, such as:&#160;lot size, pip value, spread and leverage. This article will explain in&#160;3&#160;examples how you can manage your buy/sell orders in&#160;order to&#160;successfully achieve the expected results for each one of&#160;them.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Fibonacci in Forex: When Rabbits Give You Valuable Trading Advice</title>
		<link>http://www.forexnewbies.com/fibonacci-in-forex-when-rabbits-give-you-valuable-trading-advice/</link>
		<comments>http://www.forexnewbies.com/fibonacci-in-forex-when-rabbits-give-you-valuable-trading-advice/#comments</comments>
		<pubDate>Wed, 27 Aug 2008 13:26:41 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[fibonacci]]></category>
		<category><![CDATA[support and resistance]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=329</guid>
		<description><![CDATA[Leonardo Fibonacci (1170-1250) was an Italian mathematician, considered by many to be the most talended of the Middle Ages. He popularized a number series, which would later be named after him, as a model of the rabbit population growth generation by generation, but it will later be discovered that these number can be applied to a variety of other situations, including forex trading.]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Drawdown and Risk/Reward Ratio: The Danger of a Losing Streak</title>
		<link>http://www.forexnewbies.com/drawdown-and-riskreward-ratio-the-danger-of-a-losing-streak/</link>
		<comments>http://www.forexnewbies.com/drawdown-and-riskreward-ratio-the-danger-of-a-losing-streak/#comments</comments>
		<pubDate>Tue, 26 Aug 2008 13:43:44 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[Forex Definitions]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[loss]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[reward]]></category>
		<category><![CDATA[risk]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=304</guid>
		<description><![CDATA[Drawdown and risk/reward ratio are two parameters to always keep in mind when trading forex, as they indicate your risk factor for your open trades in a very precise and clear way.]]></description>
		<wfw:commentRss>http://www.forexnewbies.com/drawdown-and-riskreward-ratio-the-danger-of-a-losing-streak/feed/</wfw:commentRss>
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		<title>Types of Charts in Forex: Line, Bar and Japanese Candlestick Charts</title>
		<link>http://www.forexnewbies.com/types-of-charts-in-forex-line-bar-and-japanese-candlestick-charts/</link>
		<comments>http://www.forexnewbies.com/types-of-charts-in-forex-line-bar-and-japanese-candlestick-charts/#comments</comments>
		<pubDate>Thu, 21 Aug 2008 12:59:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Forex Basics]]></category>
		<category><![CDATA[Forex Definitions]]></category>
		<category><![CDATA[article]]></category>
		<category><![CDATA[forex chart]]></category>
		<category><![CDATA[japanese candlestick]]></category>

		<guid isPermaLink="false">http://www.forexnewbies.com/?p=321</guid>
		<description><![CDATA[In forex like in many other areas of the investing world, there are mainly three ways of indicating market movements and prices: line, bar and candlestick graphs are the tools that make it easy for you to understand the behaviour of any given pair during a certain timeframe.]]></description>
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