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myregister
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Everything posted by myregister
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SECRETS TO SUCCESSFUL FOREX TRADING
myregister replied to smithlover84's topic in Forex General Discussion
Of course, who think that kind of thing is exist, by the way secret that original poster said isn't real, but actually or technically the secret is exist, but it is a common secret. People tend to forget it because maybe they think that isn't real deal for them, the key to success is a good money/risk management. Don't spend your money blindly and just spend at most 5% of your total capital. -
Technical or Fundamental that you like more?
myregister replied to andry777's topic in Forex General Discussion
Combine them both would be so much helpful. You can use your bias at fundamental analysis, by see the result of data news but when the right time to open a position, is in the hand of technical analysis sometimes i use double bottom or price action to know when to BUY or SELL. -
Yes, it is true that demo trading is a good way to practice, but demo account also a good place to do some kind of experiment, right? Just use our common sense, an account with its virtuality where you loss are nothing is a good place to do an experiment/test or trial and error activity such as practicing.
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Had limited experience doing scalping?
myregister replied to uncle gober's topic in Forex General Discussion
If a broker start to limit the way you do scalping then you should questioning that broker. Is that broker good enough for you, are they really a professional? Usually a broker which is considered to be professional and well-regulated doesn't limit a trader to scalp as long as you don't hack the price feed. -
USDJPY pair in this Asia session seen moving up after the opening at 113.41 in early trading. Since Asian session has opened Japanese Yen is consolidating against USD after the weekend collapse of a 15-month peak by the improved performance of USD stock market index and Europe over the weekend which supported the rise of exchanges Asia this morning. The market is still looking at the Chinese financial market trading after the holiday week of trading by the Chinese New Year as well as foreign trade data. If the market is not conducive then Yen potentially be hunted again by the market as a safe haven.
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Australian Dollar Fundamental Analysis.
myregister replied to myregister's topic in Fundametal Analysis
Australian Dollar exchange rate movements in Asian session is moving up against the US dollar, after opened strong at 0.71076 early. Aussie managed to rise as commodity exchange rate against the USD amid USD effort to rally his rivals. The strengthening of the Australian currency was triggered by the position in crude oil prices that have risen since the end of trading last week. Until this evening session Australian dollar is expected to continue the strengthen despite crude oil prices are movement still limited. In addition USD today is not supported by the American financial market because of holiday. -
digitalmoneytalk - digitalmoneytalk.com
myregister replied to yogeshwartyagi's topic in Get Paid To Post
DMT is one of the oldest ptp forum that still exist and pay its members, admin mayur is for sure a honest admin and still pay despite the other forums that become stop paying its posters. But don't hope fast payment, if you still want to earn think this forum as secondary or even tertiary earning for you. -
Forex does have comission or charge you with fees but it is lower compared to the others, and competitive as you said, not to mention forex has more flexible and longer trading hours rather than stock, also in forex 90% are pure speculators so it is hard for one big players to dominate market for extended period, well they can do that but i am sure it won't last for few hours or even in minutes the price will corrected LOL
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Oh yeah that kind of thing is actually myth, i also agree that demo account is for everyone for the sake of virtuality or for the sake of experiment. This is not the place for newbie only or the place for someone who cannot even earn well, but for everyone i repeated. Also demo account is important part of modern foreign exchange nowadays.
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- forex misconception
- top forex miconception
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Yes it is settled now, you said it by yourself that forex has high turnover isn't it? 5 trillion vs some bilion dollars( in other industry but i think that is futures) since with 5 trillions all the transaction would be go into one big chunk market and there will be always someone who buy or sell.
- 336 replies
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- long term forex trading
- risk in forex investment
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See that is why i always restrained with broker who offer more than 1:500 for its leverage. That is too much and i think would only give more risk to traders. I trade with 1:200 right now i have plan to increase it up to 1:400 back but it seems that is already good enough for me since mostly experienced traders only take 1:100 not more or less.
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Psychology trading indeed one of the most important factor but to e honest, money and your skills that make you different from the others, you can make living with that. Skill means here is most things, the broadest thing you've ever know so it is including your psychology too.
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- life vs forex
- discuss life vs forex
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So this one is GC licensed site and also has DDoS protection from KODDOS and use SSL from Comodo? Well i must say it is already 30% of what i described as premium program, it also has 2.4% -2.8% for various plans. I must admit this one may sustain for quite long period after observing how much people invest and get paid here.
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I must say this program's minimum deposit is quite high rather than any other program and around 20 days i would classified this program into mid-term HYIP. The script looks good it has SSL and DDoS protection, basically it is good enough, its rate is quite high so it means it won't be so sustainable but at worst you can expect this one at around 30-40 days.
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Low profit for short term program, it also hosted at BlockDOS and having SSL also DDoS protection. At the moment there is clear signal that admin is honest, but since this one is short term i only expect this program to paying without much problem around 7-10 days, but if you are paranoid just do hit and run here.
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Low minimum deposit which this program offers is better than most of short term program i've ever seen, it is just $5. Hosted at Qhoster and nothing i can say anymore, this program is average the look isn't really good nor really cheap. But 2 or 3 rounds still okay. At the moment it is paying.
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what are the best forex trading Hours?
myregister replied to asiaforexmentor's topic in Forex General Discussion
Sydney or Tokyo Session aren't a bad idea too especially if you know what to do and as you said it won't make much difference, but during that hours i mean in New York for example, pair that has USD behind or in front of it will change a lot, for example EURUSD will fluctuate during NY and FrankFurt Sessions. -
Forex requires mental capabilities
myregister replied to PROPENSITY100's topic in Forex General Discussion
If your mental isn't good enough then simple don't trade in forex, like original poster said that forex require mental capabilities is true if you are not capable enough to be a good trader then you cannot be a good trader you will only lose more than you can afford. The bad part is that you can quit faster. -
I Think Forex is Just Gambling , Do you?
myregister replied to kiranchandra's topic in Forex General Discussion
If you said something like that then your life is gambling too, that is uncertain. You don't know what will happen to you and thus make you life as gambling. I also agree that forex if you put that requirements become a gambling, but for me forex is just another high risk business, because of its high liquidity even the lowest lot could be absorbed inside. -
I doubt if luck is one of them , see there are many traders who make profit because of their experience not their luck. Education is playing part here but i think that is just during your early phase as trader, the more you apply your education in real trading it will become experience that will sharpen your skill for sure.
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News indeed is something fundamental since News contains the data of economic situation of a country, so it is used as a reference for traders either to sell or buy a currency. But at the same time, sometimes sentiment could also beat the news and i've seen this happen several times.
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Easy to use or user friendly, people can make their robot and integrate it to the platform in very easy way, not to mention Metatrader has a lot of indicators especially for their 4th iteration of product. One thing that make metatrader popular is a lot of broker supported it and even created a tailor made for other operating system such as OSX.
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Yes, i agree with you it will be always be work, because it is a part of business now and i see that as the years goes by AI inside of forex robot is getting better and also the way programmers to program robot trying to make a new and unique approach so robot that will be used in commercial activity, has better performance than ever.
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That is what i know but still there are few scalpers who prefer higher quality of trading that use balanced risk ratio. Few of my friends which i know offline still use that kind of scalping, not so fast but not so long and it targetted not less than 10 pips and at most 25 pips, per position the open, usually this kind of scalpers do spend longer time with termainal than typical scalpers.
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Fear will hinder us to get profit, or when we already lose our money i mean is floating negative position you will erase the chance to make a turn. Well, fear if happening in the right time will let us to lose less, means that we know the right time to enter the market, don't have fear means that trader is blind about the market situation.