myregister

Yes, but as i said before there are some things you should considerate before use this strategy. Not easy and requires more experience to use this technique. Well-proven strategy like this doesn't always work my friend, accurate for some times doesn't mean it will keep accurate no matter what.

I don't think that will always work. I only find that higher frame is seducing because it gives me the view of longer term trading where the price could move bigger than what i expected before. It is around hundred pips per 4 hours or even in one day it could be more. I don't care about this naming, but i think that my current analysis only good with short term.

Necessary so far,and the reason behind that? Of course, because with using VPS we can automated our trading 24 hours without stop. Isn't this one is amazing thing for modern forex trader? But one thing we should know that VPS price is pretty much high and that is we should think into our own account before use it.

This is where Stop Loss playing the important part and i don't see any reason why we shouldn't use this useful feature that makes our life as foreign exchange traders easier. I don't have conservative but if there is a good trend and that is reasonably right without fighting the nature of market itself like SL, we should use it. It also helps us to control the emotions.

Hm, it seems we are reach agreement. One thing that you forget that swing trading requires momentum, but this doesn't come every day, also i find that most of traders who perform this technique is laid back i mean they are still cautious but they don't have open and close, open and close the position again, and do the same thing everyday just like scalpers.

Yes it is global thingy and there shouldn't be any excuse behind of it i just say excuse for the joking purpose, by the way flexibility is the top-list why we want to trade in forex, people plunge theirselves because they don't have to be like a worker who work in company where they must wake at this time and that time and must work 8 hours a day.

Overall i don't find anything wrong with this program, everything is fine and also people seems don't have much complaint. Script is licensed and DDos protection is exist plus it has SSL encryption which make me think this program is worthy enough for now. I don't think it will fall soon but around 8-10 months should be enough.

I must admit this program is not really good but the click rate is somewhat more reasonable and also sustainable, i don't see any way for single member who don't upgrade their account and rent refferals able to earn some bucks regularly. Moreover , SSL and DDoS protected site is a good site and it may sustain for quite long time, maybe 6-8 months.

The price of oil West Texas Intermediate (WTI) was at $ 46.33 a barrel, down -25 cents, or -0.54 percent of their final closure, while the price of Brent traded at $ 48.87 a barrel, down 36 cents from the last settlement they. Despite the decline, the price remains above 17 percent since the beginning of August and still not far from a five-week high of $ 49.36 a barrel reached the day before. Crude oil prices fell from 5-week highs on Asian session trading Wednesday, pressured various negative sentiment that the estimated increase in US gasoline, the strengthening US dollar and doubts talks oil producers to rein in excess supply. It is estimated that the price of crude oil at the next trade may rise if the data weekly EIA crude oil inventories decreased realized. But dollar weakness can be a positive sentiment in oil prices. Prices are expected to penetrate the resistance range between $ 46.80 - $ 47.30, and if the price drops will penetrate support range between $45.80 - $ 45.30.

In the middle of forex trading Wednesday, the British Office for National Statistics (ONS) was trying to lure the global market participants to hunt pounds back. Together ONS reported several indicators that support the labor market performance of the British state wage increases ranging from data, jobless claims and the unemployment rate. For the period of wage increases in June were reported to be higher than the previous period even below economists' expectations, jobless claims successfully reduced very much from the previous period and the unemployment rate is still the same as the previous period. When the positive data released direct quid positive movement but soon trimmed back by US dollar sentiment. For the next trade until the close of trading ending the American session tomorrow morning, I think the GBPUSD pair could fall to a range between 1.29850 1.29548. But if it is not to be corrected rose to 1.30850.

The price of gold since the Asian session until the opening of the European markets this afternoon continued to move the market weakened by profit taking after two consecutive days before the rally. The fall in the price of gold these days due to the strengthening value of the US dollar responds hawkish comments New York Fed President William Dudley stated that the US economy has developed into a condition that can make a rate hike early next month. Technically XAUUSD may decline further to around 1337.34 -1328.59, but if it is not until these ranges can be corrected back 1352.60- 1360.70 range. So the normal range XAUUSD pair today is expected to have the support level at 1315.72 and resistance level at 1365.53.

Australian dollar exchange rate was a negative move of the Asian session after opening lower than the previous trading, caused by a resurgent US dollar fundamentally responds hawkish comments New York Fed President William Dudley. In addition the price of crude oil which is often to be the catalyst activator being retreat. Technically AUDUSD may fall into the range 0.76488-0.76074, but if it does not reach that range then move back into range 0.76991-0.77202. So the normal range on the AUDUSD pair is estimated to have the support level at 0.75570 and the resistance level at 0.77822.

The movement of EURO exchange rate on European session Wednesday retreat by the market weighed the positive sentiment that lifted US dollar to a session tonight. Dollar which has dropped severely to the 9-week lows against the euro rebounded by an official FOMC hawkish comments. The movement today the euro is only influenced by sentiment against US dollar due to the absence of fundamental data from the area of trading today. Tonight there is a momentum that can add energy to USD back that the comments St. Louis Fed President James Bullard and also the minutes of the FOMC meeting last month. For the next trade until the close of trading ending of American session tomorrow morning, estimated that EURUSD pair could fall to the range between 1.12430- 1.12201. But if there is a correction then this pair may rise to 1.13003 or even lower.

In the middle of the European session forex trading this afternoon there has been no sign of the previous trading rally to continue, it is natural profit taking to respond to the warning the Japanese government. In early trade, Masatsugu Asakawa issued a new warning will be devaluation of the government if the yen rises too sharply. Warning out after the yen forex trading Tuesday managed to rally quickly to reach their highest since trading in October 2013. For the movement of USDJPY until the end of the evening session trading was potentially strong, so it is expected that further USDJPY may rise to a range between 101.250 to 101,852. But if it is not up to that range, then the pair may fall back to around 99.874.

The price of CPO in Malaysia commodity exchanges observed to rise in trading Wednesday afternoon. CPO price hike this afternoon because the weakening ringgit against US dollar. The weakening ringgit makes the price of commodities traded has become relatively cheaper for overseas buyers so that demand is increasing. CPO price most active contract on the commodity exchanges Malaysia today seems to have increased. The contract price of November 2016 which is the most active contract rose as much as 58 ringgit and traded at 2,597 ringgit per tonne. It seems that the price movement of CPO futures at the next trade potentially strengthened by the potential weakening ringgit. Prices could potentially test the resistance level at 2,650 ringgit. While the level of support that will be tested if prices decline is 2,500 ringgit.

I wonder why you think that our account will collapse sooner or later, i mean if you have risk management you can lowering the risk but it doesn't mean your account will be lose, combined with a good strategy you may even outperform your previous trading records and suddenly find yourself in surplus and it means you able to get your money.

Yes, trading in demo account is easy for them they just lack of motivation that sometimes which make newbie don't want to trade there more, or their fear of real account which make them stuck them like 2 years or so. I think you should embrace your achievement by open real account especially if you consistently make profit in 6 months.

It could be done by newbie but i recommend to trade at least 6 months in demo account, and make sure you follow all the news which is high impact such as interest rate or CPI or Retail Sales or Unemployment/Employment change. Follow those all and make sure to make profit from it while you trade in demo account, Find more than one calendar site and compared it, it is better if the high impact news is visible in all calendar sites you choose.

Glad to hear that , but i don't want to promote anything here, it is just that floating spread which make sense and also fixed spread is good for someone who already know the nature of that broker, if they know they already know the risk and want to gamble with it. Floating spread is the step taken by broker to lower their risk too.

Australian dollar exchange rate was a negative in Asian session after opened higher after especially with the RBA released minutes of their meeting a few weeks ago which disappointed the market. In the treatise was no strong signal for the next RBA interest rate changes amidst a global central bank to loosen policy. It seems that AUDUSD may fall to range between 0.77082-0.77204 especially if the rally formed, but if no then price may rise back to around 0.77080-0.77200. So I argued that the normal range on the AUDUSD pair is estimated to have the support level at 0.75866 and the resistance level at 0.77394.

The price of CPO in Malaysia commodity exchanges in trading Tuesday afternoon was observed to fall. A weaker CPO prices this afternoon triggered strengthening by Ringgit exchange rate against US dollar and weaker crude oil prices. The decline in crude oil prices to trigger negative sentiment that makes the price of CPO in the downward trend. The weakening in crude oil prices make alternative fuels such as those made of CPO declined his request. For the moment it is estimated that the price movement of CPO futures at the next trade may decline with the potential for strengthening ringgit. The price movement can also be influenced by global supply and demand conditions. CPO futures contract prices on Malaysia commodity exchanges September 2016 has the potential to test support level at 2,510 ringgit and 2,460 ringgit. While the level of resistance to be tested if there was a strengthening at 2,610 ringgit and 2,660 ringgit.

Exchange rate pound Asian session managed a technical rebound after three consecutive days depressed by the fundamental weakness of the pound after some poor economic data recently released and fell to its lowest in 31 years after a referendum Brexit latest two months ago. But in the European session GBPUSD pair overshadowed a mixed sentiment of several releases economic data. Technically GBPUSD will go up to the range between 1.29300-1.29652, but when it comes to the range it can be corrected back to the range of 1.28302-1.28042. So the normal range on the GBPUSD pair is estimated to have the support level at 1.27304 and the resistance level at 1.29927.

The Japanese yen opened higher in early Asian trade before moving rallied after trading hit by Q2-2016 GDP data. Rebound early trading occurs because the market worried about the global economic conditions not seen yet strong action from the government amid the bad country's growth, thus strengthening yen as a safe haven trade. Technically USDJPY will continue to fall into the range of 100.25-100.06, but if it does not reach this range then the pair will move back up to the range of 101.421-101.732. So normal range on the USDJPY pair is estimated to have the support level at 99.850 and the resistance level at 102.121.

A strong euro exchange rate which opened early Asia continue to rally since it responds positively to the weak dollar fundamentals and received a positive sentiment on Euro area economic data early European session Data which many people expected increment from the previous period. The data is a sentiment ZEW economic survey for the month of August. Pair EURUSD has managed to achieve a range of resistant strong. Technically, EURUSD could rise to 1.1225-1.1247 range, but if it does not reach the range this pair will then move back down to the range between 1.11703-1.11303. And on this day estimated to have the support level at 1.11038 and the resistance level at 1.12480.

If you want to gain profit from forex trading even you are as newbie then you can trade as trader by open a real account, but i advise you to open demo account first and learn there, you can visit this forum more to find some material that help you to trade some like terms of forex and so on or you can try babypips site which covers almost the basic thing about forex.