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myregister
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Everything posted by myregister
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In my perspective it may be a good light for webmoney or as its first stepping stone to provide better service for their clients in Europe and also in the other countries that might attract with it. Even Webmoney originated from Russia but it doesn't mean it will be always russian, i see that Webmoney now not as Russian Company but more as Multi National Company.
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USDJPY opened at 125.55 stronger than last friday's movement thanks to BOJ policy USDJPY still continue its rally in this Asia Session since last friday. But it seems USDJPY find it no any power to rally higher since there's just few fundamental support in Europe session and it start to correct the price. There is a potential that USDJPY may rebound to higher level waiting for the other fundamental news from USD that many expert said will show a good time.
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Pound/GBP movement against USD in Asia Session is recently rising after opened weakening at 1.49035 in the early trading. GBPUSD successfully continuing the strengthening trend last week because of positive sentiment in Europe session from GFK consumer data and Britain's industrial report. Slow as sure GBP still find it's hard to rally, and i predict that the price may weakening once more by USD rebound on New York session tonight.
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How To Trade Forex On News Releases ?
myregister replied to ngocanhno110265's topic in Fundametal Analysis
First don't just jump into trade as soon after the news released, wait for a while i do recommend at least around 3-8 minutes after the news released until the market is a bit calmer than before. Also make sure the news you use as indicator is high impact and the result is clear, it should be less or more than its previous and forecast point. So for example NFP previous is 200K, and the forecast is 220K. It would be good for you to trade if the actual result is either 221K or more or 199K or less. You got me? -
Euro's movement on Asia Session seems strong against USD, after the opening we can see the price is moving at 1.08552 in the early trading or falling down 22 pips and now the price is rolling at 1.08762. Euro is strengthening in Asia session continuing the rebound which happened last week after before this pair get a strong pressure for 3 consecutive day. Today's bargain hunting happened because of investor forecast of PPI sentiment which many think will be good. There is a strong indication that German PPI for November which will released this afternoon will having a bit contraction from 0.4% to 0.2%. Based on that i predict that EURUSD may rise to 1.08776 or even a bit higher considering this morning's rebound.
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True but at least OKPAY offer something useful for their clients and this is what we ought to give our thumbs up. Aside from that Okpay also keep growing even its growth rate considered to be low rather than the other kind of payment processor, but for a payment processor or to be exact electronic currency which has an offshore office, i think this won't be such a big issue.
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But that kind of broker is good for your future. You want to sacrifice your own safety for the sake of broker who unregulated and offers bad services for its own clients? or even want their clients to lose more? One thing that i am sure not for me. I prefer to spend more cash for initial investment than invest in bucket-shop broker.
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If that was forex then it is easy to solve this, first find a reputable broker i mean in terms of popularity, second search regulator that already well-known and have good reputation. One of them is CTFC or if not FCA. Third, check is that broker exist there if exist it is a good and right place to invest your $3000 and vice versa if not.
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Is quick profits achievable?
myregister replied to Upul Tharanga's topic in Forex General Discussion
Depend on what you call as quick profit. Scalpers as we know reap nice profit from forex are a good example for someone who get profit in relatively smaller period. Many people said they just have low target at around 5-20 pips for few seconds or up to few hours only. They don't store one currency pair for a long time. -
In actual trading rhe lowest one is not one full size lot but micro lot. Some broker even put nano lot which is lower than those micro lot. Full size lot or one lot is preferrable by many people because of its feasible number and i think already become tradition in the global financial trading like forex.
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Long term trading for newbie will be more profitable
myregister replied to euro's topic in Forex Newbies
Safe or not some people prefer it because of huge return that you can reap if you successfully predict the right movement of one currency. Usually long term trader prefer one or at most 2 currecnies that theyt raded at the right time, some traders even use hedging to limit the risk. -
This is why this kind of feature popular for many people who want to use mobile phone. The difference between mobile phone and desktop computer aside form portability is the availability, it doesn't mean desktop doesn't available for us anytime but it takes longer time for turn it ON.
- 372 replies
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- Mobile forex trading
- how to trade forex via mobile
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practice to be consistent on the profit obtained
myregister replied to rizal83's topic in Forex Newbies
That logically true, someone who want to reach one state must try to do the same thing in this case i want to be consistent when make profit of course i must stick with rules and strategy that i have and then what i need is to keep trading and learn from mistakes which means my experience will be increasing. With that i able to be consistent when make profits. -
Forex is a business, it is more like gambling or money game to certain extent but people still love it because of its profitability. It has good prospect but what it lacks actually the high risk it has but that is what make forex attractive since it offers nice return.
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Practically this way actually impossible for traders, i don't think this would be a good idea for a trader to make that much. $1000 daily means that you must make that much everyday? There is no 100% accurate analysis or 100% proven trading strategy. So at least once you will still lose and $1000 daily doesn't happen at all.
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Not depending on forex for an income as a newbie
myregister replied to euro's topic in Forex Newbies
It is not easy but that is worthy for trial. I see many people success because of take a loan. The problem is consistent profit. If you get consistent profit you may return that loan with some interest for sure. This is why i don't recomend depend forex as newbie because newbie vulnerable to lose. -
Trend trading strategies your best friend in forex?
myregister replied to yogeshwartyagi's topic in Forex Newbies
It is true isn't it? Trend is what we are looking for, trying to analyze the market and see if that makes some trend and predict the price movement. How to find it is the next problem but for me, as long as you able to locate more trends you will be in profit only. -
Do not ignore benefits of long term trading
myregister replied to yogeshwartyagi's topic in Forex Newbies
One should not ignore the benefit but i think as long as someone can trade and make consistent profit with short term trading that wouldn't be a crucial issue, You can simply make more profit with short term trading doesn't mean you ignore benefit of long term trading itself. -
multiple forex broker Trading with multiple forex broker; is it advisable?
myregister replied to flybiz08's topic in Forex Newbies
But it is hard and to be honest psychologically it is hard to earn money with multiple broker unless you are a big organization that has more than one trader then that would be different cases, but one poeple manage more than one account in more than one broker is really hard thing to do plus you must have a lot of experience too.- 106 replies
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- disadvantage of trading
- advantage of trading
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I have control over my trading because i trade with myself. I choose TP and SL that i choose by myself use the rules which i created before. I rarely use forex robot and depend more on manual trading, it has bigger flexibility than robot trading and just like i said befor ei have control for 100% over my trading.
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A good looking program, not to mention it has SSL and DDoS protection too which make it a good one. Click rate is actually pretty quite good. You also can earn from shares which actually at around 154% after 40 days. As for payment there, ulmons is a paying ptc site.
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I do wonder if this program may sustain longer well it seems there are less people who want to join and be active here, this is actually means lack of members, even the rate is just like the other hybrid site that combined bux element and also aurora elements. Overall i must say it has potential but it seems people too much occupied with something.
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Pretty much stable but still quite new and has opportunity to rise, become early bird investor is a good idea for riseclix. In forum you can find some people share their payment proofs and it is an indication that riseclix is a paying program. You also can vote in emoneyspace to make it more popular.
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In offline life i think, well that is right GPT is risky as HYIP but people know that HYIP is risky they sooner may lose their money and also most of HYIP investors already know that HYIP is actually ponzi and it is better to be an early bird than late bird . In fact GPT's users usually have high expectation of site which they followed.
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From over the other feature metatrader has i see only 2 features which give significant impact to traders. Those are either Stop Loss or Take Profit. Those two feature are worthy for traders to take not just once but for each trading they do. As long as trader set it up their risk management would be wrong.