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myregister
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Everything posted by myregister
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which currency pair do you prefer?
myregister replied to TradingForex.com's topic in Forex General Discussion
Major pair also have liquidity more than exotic pairs sidejob and this is why people prefer it because there are more money circulated, so the price is moving and it is not so easy to manipulate the price. After do a long trading, i still prefer major pairs over the others because of its profitability than others. -
@sidejob: This is why i am a bit pessimistic about the nature of forex, because most people nowadays only thinking positive or i can say over positive. Do they know that still more people that lose despite of their strategy, and how much they should change that strategy in order to work? Also having mental isn't enough, you must have skill and a bit shed of luck.
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I imagine that forex will be always exist even in 10 or 20 years later, the difference is that there are more technique to predict the market. also in certain time the market will be totally unpredictable. One last thing which make forex different in future that it has bigger turnover since more people from more country go inside to trade and yes it will be popular and still popular.
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Forex trade is not for everyone.
myregister replied to showrov1993's topic in Forex General Discussion
Yes, someone who think forex is just another easy job, someone who think that forex is super hard, someone who doesn't have a good mental capabilities and some others who cannot risk what they can afford to lose is not for forex. Remember that forex is a high risk business you may lose more than you ever predicted, even you have good Risk Managament chance of lose still always open and "eat your account". -
Forex requires mental capabilities
myregister replied to PROPENSITY100's topic in Forex General Discussion
Good pressure? Can you elaborate? Pressure isn't really good, in offline office or other offline job you get pressure too and even less than fx trading. And it is true that we must learn a lot, not just learn but really meant it, apply it in each condition you meet so far on market. So, in the end it is someone who have good mental capabilities can survive in forex. -
Forex now is one of the Online Business
myregister replied to luke1's topic in Forex General Discussion
Forex start to become an online business because through this way it becomes more effective from the cost side and availability. With more effective cost, the lower barrier is possible and increase people's money which circulated inside. This will bring better result for all people around the world, thus make forex as the most liquid business ever, especially its spot part. -
You can ask admin about that in chatbox, i am sure he will reply sooner. Some people said that MTW has lower rate than its sister site, since i am not a member here i don't really know but based on my own observation outside the activity is pretty much active especially on forex section, so it is worthy for trial.
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digitalmoneytalk - digitalmoneytalk.com
myregister replied to yogeshwartyagi's topic in Get Paid To Post
This one still paying and perfectly works, well maybe the payment is slower but it doesn't mean you are not getting paid by admin. Everything seems fine as long as you post in more than one sections and i am sure there are some posters here that want to give you some activities you want. -
You should join and i prefer that way because there are still big chance to earn and guess what in some sections there are consistent activities. Overall, BMT seems good and based on my own view that in future if admin could manage this one well, it will even gain more users that they could today.
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That payment is for you because you refer some refferals for them and this is acceptable as long as there is benefit for them which means that people would use their services, but i think if that payment processor isn't good enough or lack of some feature or not unique people won't use it. But payza has a long history before has Payza name and quite popular too.
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Skrill (moneybookers) - skrill.com
myregister replied to a topic in E-Currencies and Payment Processors
I can't find a newest news about them but lately it seems skrill keeps promoting their services to many people including to current skrill services, the latest promotion is Skrill Salary, and the prize is at around $250. Using this way it seems that Skrill is keep expanding more than ever. -
Nice move from pay.co, assuming that they are growing i bet sooner or later they would be at the same place like Okpay or other currency that come from the countries which have less strict regulation. Pay.co at this moment would change itself and more focusing the services to Forex.
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If you look up to now nothing is so popular about this site. Well, it is still new but with others the competition would be fierce and no to mention that capitalist is not the only one that offers the same or nearly same features. Basically this is just like one of the other russian based e-currency. However, the fact that this e-currency growing is real.
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Like i said few times before, i prefer forex because of its flexibility in how much i could earn and when also where i will trade. Forex also one of the best business if you know how to deal with its risk, and it is a home based business, so you don't have to go outside just for the sake of get more money into your pocket. Stocks is the same but it has high start deposit.
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It is not matter of use EA or not, but how capable you are using EA and how good your EA. The first part isn't really important but the latter part which is how good your EA is important, not all EA works well even the most well updated EA, in some cases may won't work so don't hope for 100% profitable trading with EA.
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Can no deposit free money help you achieve success on forex ?
myregister replied to kaito kid's topic in Forex Newbies
Actually this is quite funny to see that people think just because you get free money you can be a successful trader, and successful which i said here is not just make one profit but continous profit, so your earning is consistent and you can eat from forex or even have more bucks in your pocket to buy something. In fact it is more than just free deposit, it is about skill. -
Yes that is true dealing desk will earn when somebody lose and this is the only way they earn, since their market is their own market not from liquidity provider which we know as one of the reliable company to get the real market price feed, but i think it is better if someone want to earn from non dealing desk broker, even the comission is higher but when you lose they actually dislike because there is a chance you may stop trade later.
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To eliminate risk in forex is to make forex a unprofitable business, low level volatility business. Well this is impossible. Risk is inherent nature of forex itself. As you know up to 90% of forex player is speculators, means 90% of those components actively or passively trying to make profit by doing speculation and thus this one which makes forex riskier rather than other kind of business say mutual funds.
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Open 2 positions at the same time means you are either doing averaging or hedging. If those position are not opposite to each other, it means you do averaging technique, this means double profit or loss. If you hedge of course you pit two different position(buy and sell) but remember you don't close position but instead open a new position, this means you hedge your position.
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Well, if someone who invested in HYIP should look for PAMM system since that is also quite new for them, i can say it is more reliable to certain extent compared to HYIP. The most important thing is that PAMM system based on forex and in most of the countries forex is legal business, while HYIP which mostly based on Ponzi are totally scam that may fall sooner or later.
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Leverage and Spread is quite tied to each other, leverage is leveraging our position to higher level allow us to gain more with small power, while spread is the amount that we must bear based on our lot size and when we open a position, just say it is a comission or fees to broker who act as middle-man. Too high leverage or spread isn't good because will lead to overuse and also unfair trading.
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USDJPY on Asia session moving down after opened above 113.821 on the early trading. Yen strengthening in the near end of Asia session is successful thanks to BOJ which decided not to change the interest rate and after that Yen is skyrocketing against Dollar. But tonight, if PPI and Retail Sales were bad just like many analyst forecast then USDJPY will even fall further. So if that was about to happen, USDJPY may fall to around range 113.286 but if not 144.282 become the highest target.
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Australian Dollar Fundamental Analysis.
myregister replied to myregister's topic in Fundametal Analysis
Australian Dollar's movement in Asia session is weakening against US Dollar after opened above 0.75132 and it observed to keep fall even up to 0.74882. Aussie ahead of the end of the Asian session resumed bearish trend early trading last week and triggered by weakening crude oil prices and negative sentiment from RBA monetary policy last week. Until the evening session if the US dollar weaken because of negative data of PPI releases and US retail sales in February. If that is happening AUDUSD fall to 0,74317 but if not may rebound up to 0,76351. -
GBP observed is strengthening against US Dollar on Asia session after opened in weak position at 1.43011. Pound Asian session returning corrected continued profit-taking pressure earlier in the week amid the market's attention against Yen after the fixed interest rate established BOJ today. BOJ's decision this morning to make the pound plunged 100 pips against the yen. But the movement of the evening session can be corrected up if Dollar is getting weaker due to poor data releases US PPI and retail sales will be released. If that is true, the price may rise to 1.44236 but if not fall to 1.423110