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Trading skills are very important in achieving profits in forex trading, and this can be achieved by learning to trade continuously by learning from mistakes and never giving up. We can take advantage of broker facilities such as FXOpen to hone our trading skills by conducting trading trials either on a real account or a demo account. Of course, learning to trade on a real account will give us more real results and we can see skill performance

Yesterday oil prices were observed to rise to 74.13 for WTI oil, while UK Brent oil rose to 78.93. Quoting a report from the FXOpen blog, OPEN increased its forecast for oil demand in 2024 OPEC expects global oil demand to increase by 2.25 million bpd in 2024, representing a 2.2% increase compared to 2023. In 2025, OPEC predicts a demand increase of 1.85 million barrels per day, reaching 106.21 million barrels per day. It is anticipated that the growth in oil consumption in 2025 will be driven by China, the Middle East, and India. The chart image above shows the oil price graph on the Ticktrader terminal FXOpen for US Crude oil. It appears that the price since January 17 has formed a bullish candle showing an increase in price after reaching a low point of 70.58. The price even managed to cross the middle band line and tried to continue rising. The next target is near the upper band line at resistance zone 75. In general, since December prices have still moved within the daily range of 75 and 69 even though the escalation of the war in the Red Sea has given new international geopolitical tensions. On the other hand, the RSI indicator shows the price at level 49 which could mean the price is below the downtrend level. For oil trading, you can use the FXOpen Ticktrader platform to access multiple markets on CFD trading, forex, indices, stocks, cryptos, ETFs. However, margin trading using leverage has high risks that need to be considered as an investment. As the golden rule of investing money in high risk business, only spent money can afford to lose.

Trading platforms play an important role in CFD trading, allowing traders to carry out asset buying or selling transactions easily in milliseconds. In the financial markets, various trading platforms are designed by developers to meet user needs. The following are several trading platforms that have their respective advantages and disadvantages, quoted from the FXOpen blog MetaTrader 4 (MT4): This is the most popular trading platform in the world, loved for its ease of use.MetaTrader 5 (MT5): An improved version of MT4, with advanced features while maintaining the accessible MT4 interface.TickTrader: A highly customizable platform offering 1,200+ trading tools, advanced order types, and Level 2 pricing.TradingView: A comprehensive platform offering advanced technical analysis tools, screeners, and fundamental data from global exchanges. Even though the main facility of all trading platforms is for traders to carry out transactions in the financial markets, the features and user experience differ, so traders tend to choose a trading platform according to their needs.

Volume is a fundamental aspect in forming market trends. Volume in stock trading can mean the total stock transactions at a specific time in one time frame. Volume can be an important indicator for studying investor behavior and trends in market sentiment, trends, reversals etc. High stock transaction volume means that investors are interested in carrying out stock transactions and causes a high volatility trend which allows confirmation of a strong trend, either uptrend or downtrend. On the other hand, low stock transaction volume means investors are less interested in carrying out stock transactions. This causes low market volatility and even though the price trend is up or down, it often does not match expectations. Volume can be related to market sentiment and price movements. Market sentiment is the collective behavior of market players towards the stock, allowing it to increase volume and confirm a trend. Volume can affect prices due to the increasing number of transactions, but the impact is less clear, because at low volume the price may rise, but this can only be a sign of caution because traders are less confident in the stock. There are several volume indicators available on the trading platform for trading aids refer to the FXOpen blog article On Balance Volume (OBV), Accumulation/Distribution Line, Volume Price Trend (VPT), dan Chaikin Money Flow (CMF). Other volume indicators have also been created, such as Volume bars, Mass index oscillators, and Volume zone Oscillators. Each volume indicator uses a different formula, you can learn more about volume in shares on the official FXOpen blog to get insights on how to use volume in trading the CFD market.

A recession is a period when there is a decline in the wheels of the economy which is characterized by a weakening of the country's domestic product (GDP) for two consecutive quarters. An economic recession is also characterized by an increase in the unemployment rate, a decrease in retail sales, and a contraction in manufacturing income for an extended period. Quoting from the FXOpen blog, a recession is not just a number, but it reflects a decline in economic activity and consumer confidence. The recession itself was triggered by various factors, such as sudden economic shocks, financial crises, or bursting asset bubbles. The impact of a recession in the economic sector can be unemployment, reduced consumer spending, and a stagnant economy. Meanwhile, the impact of the recession on the financial market, in general, causes market uncertainty, investors start looking for assets that are considered safe so there is a shift in asset allocation, and volatility increases. In the stock market, prices of companies affected by a recession may fall, this varies across sectors. Some industries may be highly impacted such as luxury goods, but utility goods may have a lower impact. In the forex market, it can cause currency fluctuations and many people choose currencies that are considered safe havens such as USD or CHF to minimize the impact. In commodity markets, a recession can affect oil prices because decreased economic activity can reduce oil demand. Meanwhile gold may be more shiny because it is considered a haven asset. Some stocks can perform well during a recession, you can find out more on the FXOpen blog about stocks that perform well, and stocks hold during a recession.

Today signal AUDCHF This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

All traders who are experienced in forex trading are certainly familiar with the term High Frequency Trading or abbreviated as HFT. Yes, this trading method uses sophisticated supercomputer equipment and is capable of carrying out high-speed trading in a few microseconds. By opening many orders in a short period, traders engage in high-speed trading. HFT utilizes high-frequency financial data and modern, highly sophisticated electronic trading tools. With it, it can analyze the market and execute orders automatically. In essence, HFT trading utilizes the smallest price to carry out transactions. Advanced HFT trading tools are designed for various strategies, According to the FXOpen blog, there are 4 HFT trading tools Market Making, this software involves continuously offering buy and sell prices for currency pairs and stocks to capture big-ask spreads thereby contributing to market liquidity. Order Flow Analysis: This software is designed to track large institutional orders and execute these orders first, quickly buying or selling to take advantage of subsequent price movements. Tick Scalping: This strategy is designed to capture small movements in price differences within milliseconds. Machine Learning and AI, software that involves machine learning and AI has now begun to be developed by the latest programmers. These algorithms continue to learn from market data to perfect strategies and adapt to changing market conditions. Apart from making a positive contribution to the forex market, HFT trading has also received criticism and is detrimental to retail traders because it can increase volatility. You can learn more about high-frequency trading via the FXOpen blog under the title High-Frequency Trading (HFT) in Forex and Stocks

In the world of forex trading, it can be divided into three types of investors, traders and pure investors, and a mixture of both. investing in PAMM forex by handing over capital to the account manager can be a portfolio diversification strategy and increase exposure, on the other hand, traders also carry out independent trading, and this allows for balancing so that if manual trading fails there is still hope from PAMM investment

Backtesting an EA before using an Expert Advisor on a real account can give you a little idea of how the trading robot works and its performance, but it doesn't guarantee that it will always be successful when used on a real trading account, the market is always dynamic, many factors cause the EA to not work as it should, including slippage. , spread, connection, and so on.

Today signal AUDNZD This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Using leverage should be wise, at FXOpen Ticktrader accounts now offer leverage of up to 1:1000, however using high leverage not only increases the profit potential but also increases the risk. If you are a high-tempered trader, using low leverage can prevent over-trading

Today signal AUDCHF This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

PAMM (Percentage Allocation Module Management) a collective investment service in the forex market. In PAMM, traders can only trade with lot sizes according to the percentage of total equity in the master account, and profits will be shared with investors based on the percentage of their contribution in the master account. Trading with the PAMM system can be profitable, depending on the trader you choose. To find a good trader, look at the average monthly profit percentage. Also, look at the traders who generate the highest average profits in the long term. Brokers often release PAMM performance reports useful for investors to find the best managers, such as recently FXOpen released the top 10 PAMM in 2023 on their official blog. PAMM itself is a money management system carried out by PAMM traders and investors get profit sharing according to their investment portion. and investors are also charged a fee or commission to the trader. In PAMM there are three parties involved, the first is the broker as an intermediary who provides the system, the second is the trader who manages the PAMM account and the third is the investor who invests through the PAMM system.

Today signal GBPJPY This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Choosing a broker is important in forex trading, of course traders don't want to get caught in a broker scam, therefore before joining the broker, do research first and make comparisons in terms of spreads, regulations, customer support, trader reviews, and so on, be grateful since trading at FXOpen, have not faced any problems so far, it is still a reliable broker.

Today signal GBPUSD This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

2023 has passed and we have entered a year full of hope in 2024. All traders and investors are starting to prepare themselves to face various possibilities that could occur this year. In particular, investors and traders will follow updates on developments in world geopolitical news that may affect financial markets or certain trading instruments. In 2024, there are 5 potential stocks to pay attention to, referring to the FXOpen blog article. The first is NVIDIA, this electronics manufacturing company is famous as a supplier of graphics cards that are widely used by crypto miners. The second is Berkshire Hathaway, you definitely know Warren Buffett, he is the founder and CEO, now it is reported that he has celebrated his 94th birthday, as well as Charlie Munger, Vice Chairman of Berkshire Hathaway, passed away at the age of 99. The third is Apple, you may be one of the users of Apple smartphone products with the logo of a bitten apple. The fourth is Amazon, the company's owner, Jeff Bezos, is the world's richest person in the technology industry sector as of September 22 2023. His wealth is estimated at US$153.5 billion The fifth one is Microsoft, this software and hardware company is no stranger, many computers around the world use its products which are famous for the Windows operating system which continues to develop to this day. Those are 5 potential stocks to watch in 2024 based on an article on the FXOpen blog. We can also buy stocks on the CFD market using the Ticktrader platform. CFD trading means we buy but only the underlying value, we don't own any physical assets, and margin trading has risks that need to be taken into account.

Today signal EURAUD This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Unfortunately, I have never used the VPS service above, but one way to find out the quality of a VPS service is to try it, but some suggest the server location is not too far from our location, because that can affect the speed

Today signal EURGBP This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

At the FXOpen broker, traders can access more than 600 trading instruments via the Ticktrader platform, with many instruments available giving the freedom to choose which one is most profitable, even now FXOpen offers leverage of up to 1:1000, this gives traders opportunities with lower margin requirements with potential Higher profits, but you need to know that high leverage also results in higher risk.

Today signal GBPUSD This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Global world news is always interesting for forex traders and investors to pay attention to. Not long ago the world was shaken by the COVID pandemic, then news of the Russian invasion of Ukraine, and recently the Hamas vs Israel war which killed more than 21,000 civilians, and it seems that the escalation of the war could spread. Recently the Houthi group provided support to Hamas by attacking affiliated Israel cargo ships in the Red Sea. War always results in casualties and damage to infrastructure and costs a lot of money. As investors, of course, they will think about how to save their assets from the possibilities that occur as a result of war. So many investors are looking for safe havens, assets considered safe and unaffected by the impact of geopolitical tensions. One very popular safe haven asset is gold. Will gold be investors' choice as a safe haven asset amidst the current turmoil of geopolitical tensions? Usually, the price of gold is closely related to the value of the USD, when the USD weakens then gold often strengthens, conversely when the USD strengthens the price of gold decreases. To learn about the role of geopolitical risk in forex trading, we can read a good article on the FXOpen blog, a complete discussion about geopolitical risk can broaden the insight of traders and investors. At present gold traded at 2063.68 based gold chart on Ticktrader, and the highest price record at 2135 .

Today signal This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

Today signal AUDUCAD This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk