Exchange Blog Cryptocurrency Blog


pepy
Member-
Posts
11,503 -
Joined
-
Last visited
-
Days Won
5
Everything posted by pepy
-
Forex Breakout: Why are they so profitable?
pepy replied to asiaforexmentor's topic in Forex Expert Advisors
So what do you mean here that is a psychological effect? Well forex breakout is actually the signal of the market is trying to do something, is that either to keep the trend to the higher or lower level or changing the trend to the other direction. Remember this is not 100% working strategy, i can say at most 70%. -
Yes, i agree with it especially when we compare this to before when people need to stick phone into their own ears for over and over and over again, and you must keep like that for the sake of ordering one currency, but right now imagine that we can do that just by few clicks and that would be done.
-
How many times do you trade a week?
pepy replied to asiaforexmentor's topic in Forex Expert Advisors
Trade at least once in a week is very good idea but this is all about the opportunity because not everyday is a good chance or not even in a week. I trade like each time i see the right time to do it, and often trade at least once in a month. Most right now ended up as profitable trading since i don't rush like what i did before. -
How to find the most profitable Expert Advisor?
pepy replied to Jack Spear's topic in Forex Expert Advisors
Sure what they want to make something like that? LOL that would destroy their silent income, but still even the most useful and the most profitable strategy we still find some bugs or even weaknesses which we can solve it later and in my own opinion we should have less dependency to expert advisor. -
I don't think that long term will make more money than short term, because in few cases or in some cases to be exact short term would be profitable for newbie. Long term requires tedious work, and you need far insight to see will the market not turn against the trend i choose in relatively shorter time? And short term trading only require smaller profits than long terms which usually around hundred pips, right?
-
To be honest when i joined my current broker i don't read their policy and only after one month trade there i spent some of my time read the policy of that broker, so far nothing so special but it gave me some enlightenment of how my broker works, even not all but overall that is better experience to work better with your broker.
-
@radex78 Sure i know this is sound cheesy but that is the reality of foreign exchange, i am sure there is no one from us which never make any single loss like in one year for example. Even the prodigy in foreign exchange business, they will suffer the losses. The difference just in how much they suffer the losses. So if a strategy or someone try to sell something like without loss strategy, it is better to check it first maybe that is a, sorry, Stupid Strategy.
-
Yes it is a very promising business where a lot of people want to make some bucks from it, i also one of them who want to trade here despite already know that this business aside from that promising issue also one of the most unstable business you've ever heard and experienced, but i don't see this is as addiction it is just i am ready to take the risk which worth with the its profit.
-
Based on this one 1 hour chart, CADJPY is still strengthening its position thanks to the bullish sentiment which still dominate the market. The price right now is testing the first resistance if able to break the this pair's price will rise to the higher resistance level at around 87.22. I expect this scenario could happened and the rating is around 75%.
-
AUDCHF based on 1 hour time frame chart indicated that the price is under bullish sentiment right now, it is clear with EMA100 is moving below the candle and also Parabolic SAR. RSI and Stoch both rise to level 66 and level 70 respectively, while the resistance which become the next target is located at 0.7750 which become another testing point.
-
GBPUSD based on 1 hour chart time frame indicated that the price overall is bullish with tendency to keep strengthening its position. RSI and Stochastic in this chart both rise to level 63 and level 81 respectively, not to mention EMA100 and Parabolic SAR are both moving below the current candle. So based on that overall, GU has potential to test the next resistance at 1.2600
-
Based on 1 hour time frame chart, NZDUSD show that the price position right now is successfully strengthening its position and testing EMA100 right now. If able to break EMA100 i bet there will be more boost with just smaller correction. Considering that RSI and Stochastic are both rise towards level 55 and level 75. Based on that i think it may break it and will rise up to 0.7221
-
After rejection of pivot line USDJPY successfully fall down deeper. The price also broke EMA100 and also Parabolic SAR. With the current condition and support from most of the leading indicators which are bearish i think this pair may descend down deeper to the higher level. The price based on my scenario will fall down deeer and test the support at 113.00
-
Should Forex Brokers Accept Bitcoin or other cryptocurrency?
pepy replied to bloger90's topic in Forex Newbies
Well this is not really make a sense at all but for me, accepting bitcoin is really helpful to some people. This is true for someone who prefer anonymity over the others, the one who prefer privacy over others. I don't think that is wrong to accept this one, but BTC could be used for bad thing and we don't know if the clients are scammers.- 54 replies
-
- Bitcoin in forex trading
- Litecoin in forex trading
- (and 3 more)
-
It seems the price on 1 hour time frame chart still pressured by Parabolic SAR especially with the shooting star with long wick after rejection by pivot line. The current price is below pivot which indicated more bearish pressure. RSI and Stoch both fall down to lower level indicating another bearish sentiment, MACD on the other hand is not. So by the current condition i expect this EURJPY to fall up to around 120.00
-
On Asia session, based on h1 chart EURUSD seems trying to test the pivot line after rejected by 1st support, by this condition it is uncertain about the next turn but it seems it will be bullish considering the rejection which is successfully deflect the candle. Price may break it and also rise enough to test another resistance at 1.0657
-
Whenever you make profit but how about if you are losing your own money? Is that addicted to forex? Remember forex have 2 both sides, the good and the bad one. The good one is when making profit but the bad one is when you losing your capital. Mostly people prefer the good one but tend to forget that there is another side which i think most of us experienced before.
-
A great rebound which successfully break pivot and not just pivot but also EMA100 and Parabolic SAR. This is a huge one indicated that the price will be bullish for several hours before gets small correction and if there is no any other significant fundamental data will rise higher. My bet for AUDUSD is that it will test resistance level at 0.7700 considering that RSI and Stochastic also indicated bullish sentiment.
-
@sininfinity Well this is still debatable to what kind of extent is satisfaction we should feel. Some people feel enough for certain numbers of profit while the others are not and keep increasing their capital and the latter can divided by 2. The one who successfully do that and the one who failed miserably. I personally see that satisfaction in forex is fine but as long as that is still realistic, if you still able to expand then expand but if not satisfied with what you've got.
-
Based on 1 hour time frame chart it seems that the mapping patterns show Gold is under bullish sentiment from now own. The price is also still inside the bullish channel and considering that RSI also MACD and Parabolic SAR which are bullish, leaving only Stochastich under bearish signal. By the current condition it seems that for the next session gold still under bullish sentiment.
-
GBPCHF is still likely to bullish despite current prices still seem to be moving sideways. Market mapping appears to refer bullish in the last 5 days and the last 75 days, with the other indicators are mainly bullish only few with bearish sentiment. So it seems that overall GBPCHF's price for the next trading session might be bullish with the target at 1.2579 which is the 2nd resistance.
-
EUR CHF movement today still looks sideways, so that if there is price rise we can take a position to sell back. The next scenario is that the price may fall down considering that the latest rejection by the resistance. Also if we see some leading indicators the trend is trend to be bearish with mostly sideways, I expected it will be a slow descending towards the support at 1.0662
-
Bullish can be seen on AUDCHF movement's based on 1 hour time frame chart which still dominates today. Although until this evening still seen prices stagnate in a narrow range. The failure of the price to fall below support level at 0.7680 also opening the potential for prices to begin to strengthen. The pair is expected to rise to resistance level at 0.7720.
-
Based on the chart it seems that Silver still show us a very strong bullish sentiment towards US Dollars. The movement of Silver still totally flat but still have chance to rise considering previous hammer reversal with long wick which failed to break down the support at 17.680. RSI and Stoch are also tend to be bullish supported by Parabolic SAR which signalling the same.
-
Dear Admin and Mods Please check as below is my 36th Payment Request Displayed Username : sidejob Amount To Request (DMT points): 1877 PM ID : U4228403 Thanks & best regard sidejob