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surya77
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Everything posted by surya77
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for me may intraday and scalper is the best type trade to choes it, because with this two type we can trade and earn profit with a short time, however trading skill and money management also is important point in here.
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candlestick pattern indicator for me is more help adn moving avarages also same, so may you can use this 2 type indicator for use to you MT4. I hope this can help you more.
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for a newbie/begginers in forex trading maybe is hard if you want to earn 100 pips profit per day, in forex market is "High Risk, High Return" you need to learn and more practice on demo account then use a real money is small size for try forex trading. maybe you can earn 100 pips/day with a scalping strategy.
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I self is recommend for you to use PAMM with good peformance and statement, good PAMM we can see the profit graph is always up and less go to down. so you may can chose this type PAMM Manager.
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Choosing Gold or Currency Pair in Trading Platform
surya77 replied to luke1's topic in Forex General Discussion
for Gold trade you must have a good trading skill and more experience, if currency trade you not need more hard skill, however is the best if you have a good trading skill in here. -
Attract the probabilities on your side
surya77 replied to rockstar's topic in Forex General Discussion
you need to train more a trading skill, so I hope you can become the best powerfull trader in analysis, technical and money management. if you can trade with this all I think that is a way for you to become success in here. -
for me think is any trade have a any risk, so you can become a good trader if you know how to manage a good trading system and money management also is important point in here.
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soo many brokers, and I want to pick one :)
surya77 replied to Sara888's topic in Forex General Discussion
I think any brokers have a good deals to the client, however for me may chose the broker with ECN and low spread charge to the client. I think that is the good chose for you. -
if you can trade with USD 1000/Day, that is good because you can become a powerfull trader then you can become a good market analysis, however for this step is not easy skill and experience is needed.
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Options trading. Now available for demo accounts!
surya77 replied to IFXPRGertrude's topic in Forex General Discussion
demo Aaccount realy help you to beocome a good trader, so if you trade with good strategy and perfect money management may you can become a powerfull trader. -
forex is a good business for the students
surya77 replied to davils9's topic in Forex General Discussion
for trading with fundamental may chose a news where have high impact to you trade currency, example fore EURUSD you can choice Non Farm Payroll, Housing Sales, Retail Sales and see also German economic data, becasue german is important country in euro zone. -
any pair have a any differences character so we can chose the best movements pair to become a favourite pair in to we trading list, if you trade with right I hope you can become profitbale.
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for my self is recommend for practice read candlestick pattern. you also can add some indicator like EMA for know a trend direction and WPR for know momentum in market price. with this type indicator you can trade with right.
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what is matters most in trading forex experience or skills?
surya77 replied to amy211eg's topic in Forex General Discussion
we know Indicator can help you create you self own trading system, for a newbia may is hard if trade not use any indicator. but is the best way for trading is a read candlestick pattern, this is most important point in forex trading, index or stock market. remember Homma Munehisa in century 17 trade commodity not use any indicator only use read candlestick pattern. -
Do you think compounding is important?
surya77 replied to andry777's topic in Forex General Discussion
compounding like what? if you have a skill in MQL language may you can create the powerfull robot or indicator where can help you trading activities, so I hope you can learn more abaout that. -
Can you really trade without emotions..?.YES
surya77 replied to showrov1993's topic in Forex General Discussion
trade with free emotion may can make you self to become a good trader, and we know if we can control the emotions, you can create the best strategy to build a powerfull trading system. -
we kmow forex is dynamics market, however we must look abaout spreads higher than others in normal markets usualy on cross pair like : GBPJPY, EURJPY, GBPEUR, GBPCHF, EURCHF, GBPCAD and etc. in Major pair like : GBPUSD, EURUSD, USDCHF and USDJPY spread is not too big.
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we know. no perfect system for 100% guaranteed you can make money in forex! Indicator or Semi Automated trading software only help you in trading for predict happen in forex trend based on moment of the past time.
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Forex Trading goal is to become success, however you need this : 1.Learn and more practice. 2.Find a best strategy for you trading system. 3.Manage a risk on money. 4.Emotion/psychology manage. this so important point in here
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for first time I am looking indeed in any open position, profit always minus! start from -2 until -8 dont be confused, this a normal. because this caused by the spread. there is nothing wrong in you metatrader.
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Need a good broker with a little spread...
surya77 replied to LIAPLEBARSEDA's topic in Forex General Discussion
Ok we know what is the spread' now wahat is the comission? generally commission is used by broker for any transaction. current most broker not use a comission fee for charge their client in any transaction, today generally forex broker only use a spread. but some broker have use a comission for charge theri clinet in any transaction especially for big transaction(corporate account) example in $100.000. -
Forex Trading time is 5 day x 24h, start from Sunday 5 pm EST (10:00 pm GMT) - closes on Friday 5 pm. you need rest if you tired, never force you self! in tired conditions body, mind also tired so you concentration and mind focus go to low level. .
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the biggest mistake is you can't control the emotion and manage a good money management in forex trading, so you can get loss if trade with no right rule.
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for fundamental trader please look this : GMT : Time a data/news will release. Ccy : a country currency. Event : Release topic. Previous : previous data. consensus : forecast/expected data will be release. Actual : this column contains data that has benn release announced. Revised : Data Revision.
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I think is the best way to practice forex in demo account before then if you have get trading skill and experience may you can use a real money in real forex account.