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LOL do we talk about EA here which find hard to work with fundamental analysis such as news? If you want to trade via mobile phone, what you need is good phone, stable internet connection, a platform , and make sure your phone is either android or iOS, both are the common Operating System which used by meta trader. If you have that all i think you can just trade as usual.

So do human, we are not really reliable compared to the other traders. Even soros still able to lose some money, so this makes soros not always reliable, right? Reliable doesn't mean that people / EA is not profitable. Just look at profitable EA and not Scammy EA. EA actually less flexible than human and just like few posters here said that bug is the biggest enemy of EA.

I agree with you novarisa, we don't have to trade everyday in order to make profit. We can just simply ignore the market and that is all what we should do. If the market is not profitable enough we don't have to trade just by focusing our trading into the most acceptable condition we could gain a huge amount of profit.

Market makers and dealing desk is different, dealing desk is broker who act as market maker, the real market maker is liquidity provider such as banks like JPMorgan or DeustcheBank which open their pool to the world including that broker. Scalping is not accepted because of various reason behind of it but the most suspicious part is that broker is a dealing desk broker.

I think what they mean is 100% profitable trading without any loss, and it seems that sidejob said above is the same what i am thinking probably because of the same place where i and him/her gets the source. Of course lose is inevitable but for one or two trading that won't be such a big issue, after all with the trading strategy i mean here, you just need to make profit and cover the loss by that profit.

But actually broker also still make profit from our lose no matter what kind of dealing they do. In non dealing desk the main income from broker is spread, no matter if their client is win or lose. Logically they still make some earning or profit right? The difference only that in non dealing desk it doesn't matter if you win or lose, the broker's earning is the same depend on spread, but in dealing desk if you lose they earn big, but if you win they lose.

True, i agree that forex affect people in different way, but for me it is mostly positive which make things for me better. Not to mention, the people who easily give up with just for example one loss is not suitable as forex trader, they are more suitable for lesser risk job maybe like civil servant. Forex is not for someone who are easily down because forex itself is a high risk business.

Forex for sure has more advantages compared to traditional work/job. Forex in fact traditional job but since modern technology such as internet incorporated it makes forex more modern than typical traditional works/jobs you can find in underdevelop/developing countries, i think that forex still better to me because it is more suitable and i don't have to go anywhere.

Euro exchange rate on Asia session consolidate because of the market attitude which still awaiting GDP data of several member states in the region on European session later. The GDP data that will be announced later this afternoon expected to give a negative sentiment on the movement of Euro. And during the American session could be more severe if the data were released giving a strong signal. Technically, EURUSD may fall into the range between 1.11120-1.10860, but if it does not reach this range then the pair will move up back to the range between 1.11606-1.11947. And today is expected to have the support level at 1.10702 and the resistance level at 1.12263.

Japanese yen opened lower in early trade on Asian session and continue the weak trend movement by fundamental data which is quiet enough after the post-holiday commemorating the Japanese stock exchange, Mountain Day yesterday. At the evening session the yen is expected to be less favorable if US economic data tonight showed brilliant performance of US economy. Technically USDJPY will continue to rise into the range of 102.355-102.645, but if it does not reach this range then the pair will move back down to the range between 101.161-100.820. So the normal range on the USDJPY pair is estimated to have the support level at 100.152 and the resistance level at 103.052.

Australian dollar exchange rate moving negative Asian session after the Chinese government announced some disappointing economic data such as industrial production data, retail sales and investment assets that were below expectations. Crude Oil sentiment is rising for 2 days which is less powerful affected aussie's rate. Technically AUDUSD will fall to around 0.76634-0.76494 but if it does not then the pair of these ranges can be raised back to the range between 0.77213-0.77533. So analyst argued that the normal range AUDUSD pair today estimated to have the support level at 0.76214 and the resistance level at 0.77785.

Yes we need that kind of broker isn't it? That kind of regulator is the best one, well maybe the cost to join that regulator is big but that is good because we can see a broker who want to send more in that regulator means they are ready to be our partner, they just don't want cheap place for scamming us, and for what they want to spend much money for the sake of scamming people easily isn't it?

Crude oil prices edged higher in early trade on Friday, in the Asian session, extending gains from the previous session amid expectations of Oil exporter's meeting continue to prop up the market dogged by oversupply. The price of West Texas Intermediate crude oil (WTI) at the level of 43.712 per barrel while the price of Brent crude oil traded at 46,200 per barrel The market was supported statement of Saudi Arabia's energy minister Khalid al-Falih said in a statement Thursday that oil producers will discuss at a meeting next month. Also the outlook published by the International Energy Agency (IEA) estimates that the balance of supply and demand decreased towards the end of the year also supported prices. Analysis of Oil prices today is potentially strengthened by tightening production IEA estimates sentiment and prospects of OPEC production cuts. Prices are expected to penetrate the resistance range around 44.200 to 44.704, and if the price drops will penetrate the range of support around 43.207 to 42.704.

Gold spot price was down around 0.6 percent at 1338 per ounce in late trade on Friday morning after pressed by US which is stronger and the strengthening of Wall Street which touched a record high intraday trading, despite the uncertainty over the outlook of US monetary policy to prevent further losses this precious metal, while the price of US gold futures for December delivery closed down 0.1 percent at 1350 per ounce. The price of gold has risen 27% so far this year, largely on expectations that the US Federal Reserve will delay further interest rate hikes. A Reuters poll showed that the Fed may raise rates in December after the presidential election. San Francisco Fed President John Williams said this week that the central bank should raise interest rates further this year. Analysis for today is the price of gold would potentially rise if the slowdown in global economic growth to be realized. However, it should be observed that if the US dollar continues to strengthen could suppress the gold price. Gold prices are forecast to exceed the resistance range between 1340- 1342, and if the price drops will penetrate Support ranges from 1336 to 1334.

But it also help us to open more chance to get profit, at least overall of our trading depend on that so we have chance to make money. So it is actually depend on your view but i must say trading is not just about accuracy but it is also a clear management, how we are able to lower the risk so even if we lose we can get our lose a payback.

In the middle of forex trading on Asian session this weekend USD dollar make a negative move after being opened higher by market who choose profit-taking before deciding the next position. Throughout the market today presented economic data releases that almost all put pressure on the dollar and rivals. The fundamental data that affect the movement US dollar against its rivals throughout the day will be released during the New York session and is expected to a negative US retail sales data and PPI data, while positive will come from the data survey UoM consumer sentiment data. The dollar index, which measures the strength of US dollar against six major currencies have weak position on Asia session and moving with the trend of consolidation after it opened higher at 95.922 and the rolling positions at 95.918.

Because EURUSD has higher liquidity, i love GBPUSD too because it has higher volatility even compared to EURUSD especially during overlapping market. The currency that i am choosing is various depend on the condition but all of them are major pairs, so far i just trade 2 or 3 times other currency such as GBPJPY or EURCHF.

USDJPY pair movement in the Asian session after a positive move opened lower in early trading 101.288 , and now the pair is at 101.416. Japanese yen opened higher on Asian session this morning entered corrected by the quiet post-holiday trade Japanese stocks commemorate national holidays Mountain Day. The movement of consolidation since the morning but the pair bit of a hike by the Kuwait news trim Asian oil prices to four-month lows. Technically USDJPY to drop to the range of 100.750 - 100.320 but if the correction is not happened until the afternoon the price then may rise to between the range of 101.750 - 102.140. So the normal range on USDJPY pair is estimated to have the support level at 99.842 and the resistance level at 102.531.

Sterling rebounded against US dollar last only one day, and then only slightly higher, and the middle of European trading session on Wednesday in which the exchange rate of British pound is in the lowest position in the first months of trading more. The pound still has the charm of a strong lure market, the opposite signs of economic weakness of the release of economic data that emerged after Brexit. Today there are reports in the UK house price survey by the Royal Institution of Chartered Surveyors (RICS), which further depress the pound, the article of the increase in house prices in the last 3 months is lower than 3 months earlier. House prices during the three months to July fell to 5 per cent compared to 15 per cent during April to June. For the next trade until the close of trading of New York session ending tomorrow morning, I think the GBPUSD will be able to descend again into the range 1.29181-1.28582. But if it does not reach this range, the pair will rise back to around 1.30596.

The movement of the euro exchange rate in the European session is weakening against US dollar, EUR exchange rate managed to rally for 3 consecutive days can not be continued since the beginning of the Asian trading session which still weakening against US dollar. And entered the European session the euro exchange rate very quickly slid down by profit-taking. Quiet trading today with the direction of strong fundamentals make negative moves for EURUSD pair, and the signal is weak fundamentals today was less supportive. The weak fundamental data movers come from the same French inflation data with the previous period and It's far from the central bank's target. For the next trade until the close of trading in New York ended tomorrow, it looks like EURUSD pair could fall into the range of 1.11372 - 1.11109. But if there is a correction will rise to around 1.12016.

The movement of XAU is down after opened higher at 1346.808 in early trading, the rolling price of XAUUSD is at 1342.557 now. Gold prices opened strong Asian session fell back by profit-taking after three consecutive days the market price of gold rises steadily. However, prices may rise again during the New York session against US Dollar if the solid data fell short of expectations as the data unemployment claims and import prices. Technically XAUUSD can only rose to around 1350.070 -1358.574 if the gold price correction is not achieved between 1337.800- 1329,770 range. So it is argued that the normal range XAUUSD pair today is expected to have the support level at 1319.393 and resistance levels at 1368,012.

Aussie exchange rate movements in the European session moving strongly against US dollar and the rolling value of the currency right now is at 0.77192. In the middle of the European session, AUDUSD manage to beat the rally US dollar in early trading after being hit hard by the collapse of crude oil prices. Aussie made a pair AUDUSD strength is now in the highest position in four months, triggered by high bond yields in the Commonwealth Bank of Australia. For subsequent trade to the end of US trading session this evening, seems AUDUSD may rise back into the range 0.77632-0.77950. But if it is not until that range will drop to the range of 0.76700.

West Texas Intermediate (WTI) futures traded at 41.344 a barrel at , down 37 cents, or 0.9 percent, from their last settlement. While other crude Oil which is Brent was at 43.723 a barrel, down 33 cents, or 0.8 percent. Crude oil fell sharply after data from the Energy Information Administration (EIA) showed US crude inventories rose 1.1 million barrels in the week ending August 5. Analysts polled by Reuters had forecast a draw of 1.0 million barrels of crude oil instead. It looks like the price of crude oil at the next trade will weaken global glut depressed sentiment. However, it should be observed the movement of US dollar overnight retreat could support higher prices. Prices are expected to penetrate the support range 40.800 - 40.305, and if the price rises will penetrate resistance range of 42.209 - 42.704.

The movement of Gold showing a good sentiment, the price is rallying and again able to break through the 2 resistance levels today and seems will trying to break another resistance level considering that USD condition is weakening against all of its rivals. Technically XAUUSD could rise to the price between 1356.365 - 1366.134, but if the price again cannot reach the lowest or up to highest level of that price then XAUUSD will easily fall down to around 1330.579. The support level for today is 1319.79 and resistance level is at 1368.010.

Aussie on EU session is moving strong against US Dollar after opened higher at 0.76732 in the early session of Tokyo Session. It is totally rising around 51 pips and the rolling value is at 0.77265. In the middle of EU session, AUDUSD successfully rally and rise further even the price of Crude Oil once again fall down. Aussie on the early trading strengthening because of Economic data such as Westpac and Home Loans which is still showing positive result. For the next trading and until the end of New York session this evening, I predict that AUDUSD will rise back to around 0.77376 - 0.77654. But if cannot reach that range in between then it will fall to around 0.76592 or lower.