i'am totally new to this field called forex?, can anyone recommend me a book to buy to learn forex? what are these programs...marketiva...oana?, how do you fund them..? PIPs...what are they?

Another question is...can i trade forex if i only spend 3 hours a day in trading? will i get profit? or will i get loss, anybody can recommend a website to teach the concepts and basics, techniques of forex? thanks

http://www.babypips.com/

The site he said.

I suggest you use metatrader, trade demo for a bit to get some practice. Then use a metratrader broker (they require a minimum deposit of 100 dollars-500 dollars)

But you must practice alot before moving into live. Or you will lose your money.

If you got no money, you can always use marketiva. But I don't recommend trading for peanuts.

Other site to check is www.forexfactory.com their forum has alot of good info on it.

very good site though

I attend to their school

they can explain everything so clear

3 hours a day isn't really enough for intraday trading although you might scalp a few pips here and there. Scalping is to be discouraged though because you can easily get burnt. Your best bet is to learn longer term trading techniques so you can set yourself up for trades lasting days to weeks within your 3 hours trading window. That's not easy either and you need margin to cover the dips during long term uptrends but you can make good money if you are good at seeing the trends on longer term charts.

you can read up about forex at www.moneytec.com

I think the first thing you need to know what is forex. Here is a quite good slide show presentation course for you:

http://www.tradingacademy.com/freeclasses/forex/

it is very good website.

i use 1-2 hours a day.

it depends on what you're trading with. as for me i'm swing trader, buy today sell 1-3 days later so 1 hour enough to look at all pairs.

only once in a blue moon i do intraday, to get maybe 10-50 pips in few hours ( or to loss )

What strategy are you using?

Where can I read about it?

Agree with you... I would like to invite you to my site too:
http://www.etalkmoney.com/

I will post some strategies, tips and more about forex (not only forex site about Money! )

i'm new to forex too, still studying the sites provided in this thread... but need some time to digest...

how long did it take you guys to catch up?

It depends on the individual. We all learn at different paces but the main thing you can do is practice, practice, practice. Try using the different systems you are studying. Mix and match them to your personality and the goals you want to achieve.

Basically you want to find or develope a system that will give you around 70 to 80% winners. Concentrate on gaining small pips.

When I look at my chart , even if I'm just trying to gain 5 to 10 pips I look at not only the 15 minute chart but I look at the hourly, the daily and the weekly. I use all these to verify my direction I want to go.

I like to see the ones that are going sideways. If they are moviing back and forth on a 20 pip average, I will aggressively pursue it and try to gain 50 pips by buying when it's down and selling when it's up. You have to stay glued to your computer but it is a good way to gain some pips to pad your daily pip count.

i use diff strategy for different pair. and do analysis with various combination... no website to refer because the strategy is all in the brain... all base on my 9 years trading experience and sometimes with the help of my partner who has > 20 years charting experience.

EiGCustcare that is so much experience. Do you mind me asking are you doing well,with Forex?

you mean get rich from trading forex? nope... forex to me is For relax

only on free time.

haha.
like this you also can think of.
It's more like a investment to me.
I will invest my time for this too.

Lol timeinvestor is investing his time

Does exactly what it says on the tin

There are 2 R's you could have had for the R ^^ But very nice creativity.