myregister

Pound exchange rate movements in the Asian session moved down against USD, having opened weaker at 1.5009 in early trading , the pound exchange rate was down around 3 pips also the value of the rolling is at 1.5012. Pound exchange rate in Asian session trying to rebound from a weaker 3 days to take advantage of USD weakening momentum. Earlier weakening in the pound triggered by the poor fundamentals of economic data released last such data from Halifax. Quiet the fundamental direction of USD today on the eve of potentially lift the pair GBPUSD and sought their markets BOE rate hike plan.

It is mostly because they think it is ineffective, first of all with use SL your position will be closed if you reach SL, how about when it is about to reach SL the price start to go against the other direction and reached your previous TP or even more. This is what they think before use SL.

Euro exchange rate movements in the Asian session moving up against USD, after a strong opening at 1.0893 in early trade, the exchange rate Euro rose 14 pips and the value of the rolling is at 1.0907. Exchange rate rebounded to trade the Asian session this morning after take advantage of USD weakness momentum which happening because collapsing of crude oil prices. However, in the European session feared negative sentiment data from Germany's trade balance is expected to show a lower data the surplus from the previous period. In US session there is a potential to rise back if the pair dropped on European session as quiet the fundamental directives for the USD later.

You think robot will be always make you a trader who will do any easy trading? Nope, you are wrong if you think like that. Even you proud of your own skin you will be never get any profit if you don't really have a profitable strategy, if a robot has it why don't you want to use it?

I do wonder if copying trader would be like that. I want to see that almost negative only result, but i only rarely find that kind of testimonial and also a lot of traders really love this concept and proven it is a good one, as long as the one that you followed is good enough to give you a signal.

@uncle gober: What kind of limitation? Don't tell me that is because of the screen? Do you have 5" smaprthone at least? Those things are common nowadays people also use that for trade, and guess what only less that have complain but mostly comfortable for it, and not to mention you can trade even without stay in your computer only.

Without doubt foreign exchange is a promising business and also it is a business that would give big amount of money to its trader as long as that trader want to manage the risk. Forex for me is another business that i can depend on no matter how big the risk i must bear because i do believe and experienced it by myself, as long as i able to manage the risk it isn't such a big deal.

We avoid loss because we want to make profit and this is humane thing to do. I know that we will lose someday but it doesn't mean that you must loss before, i don't mean we must make profit continously without stop but in fact we are trying as the best as we can to avoid this loss not come to it in order to be a successful trader.

Nice example but i think we already talk about this thing before, it is about choose the right broker isn't it? Anyway aside from broker or outer factor, our own must be considered as the aspect we need to consider before trade. Are we good enough to trade in real account? or wer are ready enough?

C'mon not every single broker run by honest team isn't it? Also it would be a mockery to say that a broker is a perfect entity that will save your money? Broker isn't charity, man. Broker still have chance to scam but with good regulation we claim the money we lose by provide our proof and credential.

Yen exchange rate movements in the middle of the European trading session today still persist in the position of strengthening against the US dollar after two days previous trading experience strong pressure. The positive sentiment that still provide power this afternoon from Q3 GDP final data released by the Cabinet Office of Japan which describes the condition of the Japanese economy is not so experienced recession after the previous estimate last month indicates contraction. Japan's GDP rose 0.3 percent in the quarter ended in September 2015. Although in the spot market are trying to strengthen the US dollar index against major currencies by the sentiment of data jolts Job Openings tonight, but the sentiment of Japanese Q3 GDP was stronger and make movement of the USDJPY pair retreat on the second day of this week. Yen movement on USDJPY at the middle of the European session to strengthen against US dollar, for the next trade, it looks like USDJPY will continue to fall to as low as 122.78, but if there is a correction can again rise to the level of 123.57

We get a lot of payment processor which also regulated by good regulators such as Webmoney, Paypal, Neteller, Skrill or even just use bank wire. It will be good if a broker has real office or offline office in AAA countries such as United States or United Kingdom , at least it give us impression that the broker we choose is good enough.

Fundamental and Technical analysis are two different types of analysis. First, technical analysis is using patterns or algorithms and also compare the datas of past while the fundamental analysis is using an economic fundamental data that can be tracked through high-impact news news like CPI or unemployment.

News is not only a very important factor for a trader but for many traders who want to able predict market with high accuracy, we can also see the trend will reverse when the news has just launched especially for news that does have considerable influence call NFP or CPI.

I see paypal is trying as the best as it can to provide easier way for developer to develop use their OPEN API. Now paypal focus their attention to those mobile users which has been increasing as the days goes on. By asking them to include paypal as one of the payment processor on their app is another good thing and surely will make paypal as the strongest or the most influential payment processor in the world.

Well enough with that it seems i just find out that Webmoney already become a regulated payment processor under FCA and it means that neteller will have one competitor from Russia, this is a good thing but also could be bad thing for neteller if they don't make much change and attract more users. One main advantage of Neteller is no internal fee transfer.

Yes, forex is a very profitable business, but it is not just an extra income in fact you can turn forex as your main job where the earning is actually bigger rather than your current main job. Forex also is another business that train my patience also how to control my own greed.

He doesn't have to quit forex by searching the other business. He can simply re-learn with those mistakes, 20 trades aren't so much yet painful for trader, but if this is his limit it seems even for lower risk business he cannot even make much difference. I suggest re-learn forex in demo account, and make sure to learn it carefully and don't have thought i must earn faster.

That is an old history, i mean mostly people know about that, you can find in wikipedia about their foundation age, and a shocking news Webmoney just acquired a license has allowed the system to expand its presence and offer its services to the residents of the UK as well as other European countries. This is a good thing now Webmoney become one of the most usable payment processors and will even compete with Neteller or Skrill or Paypal.

Even that is boasting it could be a good thing to know that Okpay already did it maybe it is just for temporary and maybe there are more than you can imagine withdraw but still it was a fact. I don't have any evidence but you can simply visit the list and then check it one by one. I already did it and it is true even not all the list i can visit.

To be honest Liqpay is one of the most promising alternative because it is relatilvely new and you have quite few cut rate when send your balance to someone, and this one based on cyrilic script based countries, either russia or ukraine. Which means LP won't be so much strict for its clients.

You are right that is what people do, or at least people who favour scalping. Scalping just need few minutes to get profit even that is just small amount of profit. So with this issue only we can say that quick profit is actually achievable thing for all traders as long as they want to do it.

Those are for newbies, how about a trader that experienced those things a lot and want to earn more from trading? They can use robot trading, this is actually cheaper if you count of the cost overall(as long as your robot isn't just another useless junk) rather than maintain more than one account with only himself to trade. Also robot can work for 24 hours non-stop.

Not just spread it is actually more complex, but if you see there are many types of broker such as DMA or ECN. ECN won't earn from spread actually they really earn from comission which imposed to a trader. Some broker just like what i said above earn also from their technology transfer like FXDD.

This is what coming into my mind there is new day or there is tomorrow so don't ever try to recover at that time, wait for the right time. It is just like war, it is better to withdraw for a while and then come back later with better preparation rather than forcing ourselves to do something that may make us loss.