radex78

We can use demo account for backtest trading strategy, before trading in real account. For beginners demo account very useful, trading in real account is harder compared in demo account, however still good to make early preparation practice in demo account to develop good habit trading.

Gold prices yesterday move in the highly volatility, catching profit on gold need to pay attention to the reasonable target, using average true range is one way to measure target profit, gold of XAUUSD in the chart can be traded with scalping trading strategy with low spread on FXOpen, traders possible to make profit from gold only less than a hour when the price in high fluctuation.

Although in demo account only use virtual money, however it useful to make a backtest trading skill or if you prefer to uses automatic trading, in demo account you can try trading performance before using robot in the real trading account. No matter experienced trader sometimes they needs to back uses demo account when faced bad days getting loss. I alone sometimes still use demo ECN FXOpen to practice make comparison trading performance in different account.

FXOpen also announced zero commissions on index CFD, so trader can more enjoy to trade index CFD. FXOpen itself support more than 600 markets included CFDs, FX, shares CFDs, commodities CFDs, and cryptocurrency CFDs. however cryptocurrency CFD not available in UK .

Gold or XAUUSD also as good to trade, average movement daily is high, however this pair high volatile and really to understand how to trade because higher volatility consist higher risk too, in FXOpen the spread on gold is low, this is included my favorite trading pair.

I also often trade scalping on my account FXOpen, the spreads also start from 0.0 pips, however trade scalping need to choose low spread pair like EURUSD, AUDUSD, USDJPY, USDCAD, these pair in daily average is good and often I get low spread. And possible using TickTrader terminal getting negative spreads on these pairs.

Beginners traders suitable to use micro account and start trading with low budget below $100, they can safe trade using smallest micro lot. If micro account able to make the money grow to bigger, then they can trying standard account to get new challenge.

Traders make profit from the forex market, understanding the market is like as understanding your girlfriend, the market is never wrong, you should accept when occur, open new order and then the price move opposite direction, it is not mistake, only the market indeed like that. Protect trading by risk management plan and keep discipline to using strategy.

So far I trade uses FXOpen broker, where I already trade with them more than nine years so far. FXOpen is global broker regulated on three jurisdiction Australia, United Kingdom and Europe. Trading condition is good, true ECN offer low spreads from 0.0 pips and there are so many instrument trading in CFD market included forex, indices, cryptocurrency, stock, commodity.

The first step how to learn forex business is learn basic forex, there are popular and good resources to learn basic by reading school of pipsology from babypips.com, however you can learn from another resources like joined community fxopenforum. Then use demo account first, simply register demo account like demo ECN FXOpen, then instal terminal platform and practice to learn how to use trading platform, placed new order, set stop loss taking profit, how to attached new indiator etc. Don't rush to live account before ready to take the risk.

Forex session devided into four session of market, the busiest session is London session market, because on these time many banks around the world in operation, so transaction money from hand to hand bigger than another session. Second session is New York, then Sidney and Asian.

I suggest to use FXOpen broker because this is true ECN broker and regulated on FCA, ASIC and Cysec, the reputation of this broker established since 2005, trading condition is good because offer low spread from 0.0 pips, however in practice depends on the pair that chosen, not all pairs has the same of spreads. With instant execution very fast in milisecond. Along trade with this company rarely I face a problem, except my poor internet connection.

Forex trading itself is risky, more risk when choose the wrong broker or scam broker of course, all traders don't want to enter in the trap scam broker, with choosing trustworty broker will more convenient when making withdraw money the process end smoothly. Grateful since make withdraw from FXOpen all processed without any problem.

I knows forex already long years ago sine 2009 as my remember, and using FXOpen broker since 2012 if not wrong, and so far based my experience, FXOpen is good and strong company, trading condition is good, low spread, offer various attractive contest, and all withdrawn smoothly to process.

Choosing reliable broker is very important when traders want to treat forex as long term business, beginners they can use demo ECN FXOpen with free without any risk, and there are some contest in fxopenforum where possible beginners become a winner and get real prize to trade in real account, FXOpen included safe for beginners and professional traders because they also has micro account and regulated top tier regulation agency like FCA and ASIC, besides regulated also in CySec.

There are thousands broker in the forex world, choosing the broker for newbie maybe face a problem how to decided, they need parameter to join new company, reading reviews, regulated broker, transaction fee, customer service, trading platform, account type, minimum deposi, etc. I uses FXOpen broker already more than 9 years and so far still comfortable with this company

It is possible to take quick profit with scalping trading strategy, however not all traders suitable with scalping because needs more focus in fron of the chart, and there are some traders uses scalping ea to replace hands making transaction in forex market. Choosing low spread broker like FXOpen gives benefit for scalping traders because spread from 0.0 pips, even possible get negative spread on TickTrader terminal platform.

How to start trading forex as beginner needs more practice and learning, just like another beginners, first time joined forex then looking holy grail trading system, everytime fellow traders share profitable trading, then follow it and still get fail, tries many kinds of indicator sometimes make complicated in view on the chart. However now trading with FXOpen often only use two indicator and read price action and candlestick pattern.

First I only spent money that affords to lose, this is the golden rules investing money in high risk business, there is different expenses of each traders depending also to the pocket condition and saving money, reckless trader maybe borrow money to investing forex. In my account the biggest balance still less than $1000, however I happy with the number.

Choosing the broker for new traders maybe make some confuse because there are so many broker offer various trading feature, while traders who already choose and uses broker with comfortable, they will stick to use the service, except they faced bad experience with the broker, and grateful so far trading with FXOpen broker already more than nine years still fine, good trading condition and withdrawn process is smooth.

The most important thing become independent traders is having good knowledge, skills, strong psychology to making good quality trading, able generated consistent result in trading and make account grow. Compund will become good option when traders having profitable trading strategy,however it will safe when you get break even point first before planned to compound..

Scalping trading is attractive trading straregies where we can catch profit at short times and open many times order a day, scalping need low spreads broker like FXOpen to get more benefit because spread from 0.0 pips, even possible when using TickTrader terminal getting negative spread on pair like EURUSD, AUDUSD, EURJPY etc. TickTrader available also in google play store and app store.

FXOpen broker in 2022 awarded as the innovative broker by traders union, the company emphasiz to improved service with offer TickTrader terminal platform which trader can trade using one account to trade in multiple CFDs market, crypto, forex, stocks, indices, commodity, TickTrader platform designed for ECN broker and possible get negative spread on pair like EURUSD, AUDUSD, USDCAD and more.

Yes this is fact if making money from forex market is not easy, however it will depends on the knowledge and skill of each trader, I see the winner contest in forexcup.com 2022 generated profit more than 800% a year trading with siginificant profit result, it is means there are gap to achieved success if we know how.

The Monday market already open, still uses FXOpen broker to trying catch opportunities in forex trading business in making money from home, today there are gap occurs on the currency pair EURJPY even seen on H1 timeframe, where the open price above close price.with gap