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This is so wrong an action where trader will surely confuse theirselves, if you don't believe me just try it. I tried it before and the result is so confusing 10 indicators and what i get confusion since there are some convincing indicator which contracted to each other and i don't now what i have to do. I simply withdraw from my trading's chance for a while.

So far only ECN that overall spread is lower compared to other type of broker. i don't see any reason why trader should choose the lowest one, just use the one who offer better and competitive spread while offering the best service and not a dealing desk broker, because usually DD broker also offer lower spread, some even have fixed zero spread without comission.

Forex has bigger chance than stock to be more popular because it is more global and also has lower barrier rather than stock. I would prefer both if i have a lot of money but right now with small amount of money then forex is a good place. Forex also has fast pace price movement rather than stock and has less chance to be manipulated.

If you're mentally strained you should not trader, because there are a lot of evidence that someone who mentally strained will affect your trading so much more than what you ever think. First if you still not clear then stop trade, focus on your trading and how to recover first, it will bring more positive result than while you are not stable you keep trade.

That i why someone should be careful when they trade with a broker which apply something like that and to be honest his ind of way is nasty i wonder why one broker want to do something like this, because it is a great loss for them since many traders will be out from their service which means less trader and trading.

Safer doesn't make binary somewhat better even i see that it lacks of flexibility resulted to more risk rather than less risk. Binary is a nice concept, simple and doesn't have much confusing terms. Forex in the other hand actually safer, but still not safe it is risky enough to make a trader should think twice before dive into this business.

Worst because it cannot get more attention, and right now MQL5 is not the only language that support OOP, even MQL4 now support it. If that is not the worst people would move to MT5 which has MQL5 to create automated trading or analysis graphs indicators like MA or RSI. It also supported FIFO in default, means no hedging for default.

Forex basically is the same it is all about buy low sell high and the one that we buy or sell is currency or to be exact we should called it exchange. What makes forex now and forex before is medium. Today's foreign exchange, people trade through fibre optic/wireless connection, internet to be exact. Before it is either go to the broker or through phone which limit forex growth, but now with internet forex spurs anywhere.

LOL you get it, it doesn't need some graphs but remember that it needs data as comparison. You need around 1-4 sites or calendar site that gives you their forecast for free. Or you can read some review few days before to know what mostly economist's forecast for that news. It would be good if most economist think that news would bring high impact on the market.

@gaban: Yes, this is why people trying to manage the risk as the best as they can. Price still can be predicted but the uncertainity still exist, and this is just not happen in forex but also in the other businesses. I don't see any way to eliminate the risk. To be simple, FX is risk and risk is FX.

Well let me tell you that consistency wouldn't exist if you don't practice, by practicing someone can trade better, know how to use a strategy. The key is repetition and that is what practicing do, so the more you practice the more you will be able to get bigger consistency.

I would stop when i am greedy, that means control. Controlling greed is not like playing with fire if you know the way you can put this into your own arsenal, i never tired to say one of my favourite investor quote which is Warren Buffet. If you know it that is clearly he want us to control our own emotion and not leaving it or eliminate it.

One advantage of BTC or other cryptocurrencies is that it is distributed and also has better management since it is all about community. The price is quite volatile thanks to speculators but this is like forex isn't it? Full with volatility and i just thought about it and realized that if mostly bankers want BTC or other cryptocurrency which speculatable(must be fiat, since there are some CC that is a pegged CC like Nubits) to enter industry in this case Forex.

People trying to earn less to reduce forex risk but forget that forex is high risk business, yes you can lower the risk since there is possibility for that but do you think you can always make profit. Let say lie this. I set my TP at 25 pips and my SL at 20 pips. What is the guarantee that in my for example 5 daily trading(i trade each day) i will be able to get all the profit, or at least once? Nothing can guarantee, even i want to loss less it doesn't that i can make 25 pips for one week for example, there is a certain cases where i won't even make profit or even never loss a lot.

I defenitely agree with your statement. It is not a must and let me add few phrase, compounding is not a must, but it could be important and fully optional also depend on your condition in this case your capital. If you want profit but you don't have much capital to expand, then by compounding you have chance to grab bigger lot and increase your profit.

LOL, i've been heard something like this like 100 times maybe, but in fact forex is not a great business well it has biggest turnover compared to the other kind of high risk business. Forex is risky thanks to its the biggest turnover ever(especially in spot), where volatile price is exist, the price is moving and with its uncertainity too.

But you get the idea of how to use your EA isn't it? That is a good experience and this time many things controlled by using algorithm including trading. In Europe and US Algorithm trading is fine but there are some limitations, Using EA doesn't mean you cannot get any valuable data of knowledge. It persist there you only lose a control over your trading, not all but most.

Euro exchange rate movements are weakened in Tokyo sesion but managed to bounce back in the middle of European session today by the rise of the global market fears after the slump in European stock markets and gain additional power of German consumer sentiment ZEW survey which showed a decrease in optimism of previous scores. Although the ZEW survey showed investor confidence index declined in February from January, but data released increased 1 index point exceeding economists' expectations for a decline the previous score. In terms of the movement of the US dollar index trading this afternoon observed retreat of reinforcement 2 consecutive days and nights will be released NAHB Housing Market index that indicates the level of house prices in the future in America. This data is not expected to affect the strong movement of the dollar is weakening. For the next trade until the close of trading in America ends tomorrow morning, EURUSD could rise to around 1.12281-1.13012 but if a correction then the pair may fall back to support positions 1.11057.

GBPUSD exchange rate movements in Asia session moved lower against USD, after opening the position at strong price (1.44365) in early trade on Asian session moving GBP weaker after a positive opening, but the European session sentiment may rise again by inflation data. , This data is expected to show an increase in UK inflation in January which has become one of the burdens for the BOE raising rates. Although the dollar last rose to the evening session, the pair GBPUSD rebound by the inflation data. GBPUSD potential to rise to the level of 1.44709 and a break, going into yesterday's highs at the 1.45358 and to around 1.44702 if cannot break it, then the pair will fall back towards 1.43951.

Not maybe but that broker isn't a good broker. Scalping just like you said is another strategy, it is a strategy that depend on fast execution and you must repeat it more than one. I don't now if scalping pay more spread, but so far there is no great reason to limit the way people to do scalp.

What is Nubits? NuBits are digital tokens that are designed to be worth $1.00 US through various supply and trading adjustments. They could become worth less or more than $1.00 US in the event of a large demand decrease or increase, just like all digital currencies and assets that are not backed by real-world assets. When you purchase 1.00 NBT you are not purchasing a US dollar. You are purchasing a digital token that the Nu network will attempt to keep at $1.00 US as long as possible. There are many significant advantages depending on how NuBits are used. Buying – No complex point-of-sale math (paying 0.003287198 BTC for a $1.50 US cup of coffee is not as intuitive as 1.50 NBT for example). No taxable capital gains or losses to be tracked on purchases if NuBits are purchased and used at $1.00 US. Selling – No vendor fees, no customer chargebacks, and no cost to transfer received funds to another location. Advertising acceptance of digital currency at a place of business is a way to appeal to technologically-literate demographics like Millennials. Transferring & Remittances – Nearly instantaneous global money transfer that can be completed cheaper than any legacy financial channel. Traditional remittance companies like Western Union could eventually become obsolete. Saving – No documentation requirements, no geographic limitations, and no cost to download a NuBits wallet. These are all limitations on access to traditional banking services for the 50% of adults worldwide who have no access to formal banking institutions. Trading – Traders can purchase NuBits as a stable hedge rather than liquidating their holdings to fiat money. These NuBits can then quickly and easily be transferred off exchanges into private wallets. NuBits makes trading digital currencies easier. How are NuBits created? There are two ways NuBits are created. First, when individuals who possess NuShares reach a consensus to grant NuBits to a custodian. A custodian is a person/entity (or persons/entities if multisignature transactions are used) that pledges to use the NuBits in a particular way, such as raising funds for dividend distributions or funding development. Voting occurs among all NuShareholders, and if a custodial grant is successful the NuBits are transferred to a specified address. Second, when a NuBits user chooses to “park” their NuBits for a set duration in exchange for an interest rate offered by NuShareholders. At the conclusion of the parking period, new NuBits are generated to pay out the interest owed. For more information Click HERE. To download its wallet click HERE

Yes, it is bigger but you should know that their total valuation is lower than BTC. This is not for speculation and i am sure most of the holder does not really like this kind of thing. Dogecoin in fact based on Meme, but still it is unexpectedly growing and become micro transaction currency rather than use for big things like BTC.

What is Freicoin? Freicoin is a peer-to-peer (P2P) currency based on the accounting concept of a proof-of-work block chain used by Satoshi Nakamoto in the creation of Bitcoin. Unlike Bitcoin, Freicoin has a demurrage fee that ensures its circulation and bearers of the currency pay this fee automatically. This demurrage fee was proposed by Silvio Gesell to eliminate the privileged position held by money compared with capital goods, which is the underlying cause of the boom/bust business cycle and the entrenchment of the financial elite, and has been tested several times with positive results. Some of FreiCoin advantages: 1. 0% interest, forever Freicoin's parameters are carefully chosen to eliminate the basic interest component of investments, called the liquidity premium by economists. Usurious non-zero basic interest distorts the free market, incentivises poisonous greed, excess, and short-term thinking, and perpetuates a vicious cycle of boom/bust recessions. 2. Sustainable investments Zero basic interest encourages sustainable investments, as long-term investments tend to be, by removing the time preference implicit inflationary (U.S. Dollar, Euro) or deflationary (Bitcoin) currencies. When business is conducted in Freicoin, participants value present and future holdings equally, and favor sustainable processes. 3. Stable long-term value Demurrage forces freicoins to circulate at deliberately high rates. Separation of money's roles as store-of-value and medium-of-exchange allows money to flow when it is needed, in good times and bad. Our careful selection of governing parameters creates a currency whose value is stable with neither price inflation nor deflation. For more information and download its wallet you can click HERE

Overall from other trader's posts here it is clear there is big indication that forex is a big investment(in fact) it's the biggest market that exist nowadays, thanks to its distributed characteristic which resulted on competitive fees. Fx for investment now is a big kids on the block and keep growing.

When someone use EA they must be already know what they should expect with this. EA is controllable at first but later it won't but you can turn it off to prevent something bad if something bad starting to happen. I am using EA only few times but with more profitable result than loses, even like that it is quite frigthening since you don't have control at all.