how to make money from foreign exchange in Singapore?

#1 best tip, don't trade your real money until you try trading demo account. When you can trade a demo for about 2-3months daily and make money then if you feel ready slowly start trading real money.

Know when and the fundamental news that affects price swings are reported. Stay clear during these volatile times because they can take out your stop in a heartbeat and a few beats later go back the other way. And remember that the news could already be mostly priced into the current price.

Learn the basics of technical trading to help time your entry/exit for the best risk/reward ratio. And don't trade against the current trends.

I use Lightning Strikes Trading System for trading in any time frame and it also works on stocks, bonds, etf's, mutual funds, etc... They have 3 free training sessions a week and you don't have to buy the software to join in the live chat and text. You can even watch some recorded past live sessions. Here are some past charts that I used.

http://f1.grp.yahoofs.com/v1/MB16R0zjjaZ...

http://f1.grp.yahoofs.com/v1/MB16RxjOUQt...

There are 7 indicators (2 short, 2 medium, and 3 long term) and if volume is reported another one is added (on balance volume). Plus whatever time-frame is used the 2 green horizontal lines are the support and resistance for that time frame. So when indicators are all touching the bottom price is at or very, very near support. At top is at or very, very near resistance.

http://f1.grp.yahoofs.com/v1/MB16R9Wv-wt...

http://f1.grp.yahoofs.com/v1/MB16R9wSKdV...

http://f1.grp.yahoofs.com/v1/QCt6R2fYIj6...

http://f1.grp.yahoofs.com/v1/QCt6R3R0VQe...

If you can not view charts above I can email them. Or any you would like to see in Forex.

You can find all the basic info you need on websites for free.

This site should give you a good start.

http://finance.yahoo.com/education

Try what you learn on demo sites. If you pick 75% right with play money then you might be ready to start slowly investing.

http://simulator.investopedia.com/

http://simulator.zacks.com/

http://www.fxcm.com/open-free-100k.jsp

http://www.alpari-idc.com/en/metatrader4...

Or just google for more.

Here are my favorite sites.

http://stockcharts.com/

Has basically all you need from fundamental to technical terms. Plus stock screens, charts, public chart lists, and much more useful info.

https://www.fidelity.com/

Has good learning resources.

http://moneycentral.msn.com/home.asp

In addition to yahoo finance.

http://www.reuters.com/

For news and more.

http://www.marketwatch.com/default.aspx

For news and more.

http://www.valueprime.com/index.php

For rating stock risk/reward ratio and reports.

http://www.barchart.com/

For investing in more than stocks.

http://www.investopedia.com/

For more great learning tools.

http://www.lightninglive.com/

For best software timing your entry/exits any time frame for day traders and long term investors.

Others worth exploring.

http://www.equis.com/

http://www.stockta.com/

http://www.secform4.com/

Best Wishes,

Burt Whitley

The best way to make money from Foreign exchange or Forex trading in Singapore is to select a reliable Forex signal provider and get advices from them and use Forex trading tips to make money. In my opinion the best signal provider in Singapore is http://www.mmfsolutions.sg./ They are very potential & reliabel and provide accurate Forex trading tips.

while you're chaning your pesos besides, i could say substitute them to S$ so as which you do not lose much greater once you finally end up having to transform the $ to USD later. certainly USD is merely time-honored in departmental shops etc. do not substitute on the airport or economic employer, the transformations on the airport are truthfully below the economic employer and hence costs at the instant are not so stable. I advise changing them on the money changers in neighbourhood area. based the place you're staying, i'm particular human beings can grant you techniques for stable changers, there are some i circulate particularly too. nonetheless I attempt to not circulate to those at fortunate Plaza or the city area as they have an inclination to not supply travelers very stable costs. in case you have the time, circulate from save to save that are interior of sight to evaluate. Esp while you're changing a huge quantity they could desire to grant you with an excellent greater useful fee.