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You can do the same in demo account, there you even able to improve better because you don't have to worry about losing your money, all the experimental thing can be done there which makes demo account more superior in this case, when you are getting better switch to real account which is the real battfield will helps to understand more about psychological effect of forex.

Yes, that is right about this one. Mentoring will give us a better chance to learn, but it doesn't mean learning by ourselves is bad. Mentoring will give us a better insight and quick walkthrough also if you don't know what you need to do anymore the mentors will give you another things to learna and guide which avoid much unecessary actions.

The swap is additional fees for them which they must accounted into their own account. So there are more thing to think for newbie who want to deeply learn about how to trade in long term strategy but it is not that comfortable enough. Well, the core is pretty much simple but it seems with the market which become so uncertain this could be hard one.

Looking at Euro's very fast movement in European session trading on Tuesday, EURUSD drove to the highest position throughout 2017 and potentially rises steadily to new record positions. The strong strength of EURUSD comes from the positive sentiment of ECB President Mario Draghi's speech in the Euro-zone's central banking forum in Portugal. In his speech, the threat of deflation in the region of one currency has been lost and Mario Draghi also hinted at the withdrawal of stimulus amid widespread economic recovery in the Euro region. After this speech the pair of consolidated EURUSD moves since the Asian session went fast. The EURUSD pair movement on European session moved strongly after the opening price opened higher than previous trading at 1.1183 based on early Asian session trading, right now EURUSD traded at around 1.1273 and earlier had touched the lows at 1.1177. For further technical trading EURUSD signals a positive move until the end of the session, and will get stronger until it reaches a new record if the Fed's awaited late-night market comment disappoints of the US dollar.

Arabica coffee prices rose in late trading early Tuesday (27/06), triggered by the projected increase in arabica coffee prices by Rabobank. Rabobank projected the price of arabica coffee at 135 cents per pound in the final quarter of this year, above 127.90 cents per pound where December futures contract prices on Monday. Rabobank's projection considers reports of a Brazilian harvest showing that good results seen last year are unlikely to happen again, with below-average yields due to quality factors as well. The price of arabica coffee futures in the close of trading early this morning has strengthened. The price of Arabica coffee futures in September 2017 rose by 1.50 dollars or equivalent to 1.22 percent and closed at the position of 1.2450 dollars per pound. Analysts estimated that the price of arabica coffee futures for future trading may potentially strengthen limited if the weakening US dollar is realized. The price of arabica coffee futures on ICE Futures New York potentially to test the resistance level at 1.2800 and 1.3100 dollars.

The price of Cocoa futures on ICE Futures at the end of trading on Tuesday (27/06) closed down. The decline in cocoa prices is under pressure to increase cocoa production. Cocoa futures lost about 6.7% last week due to the return of wet weather to key cocoa growth areas in West Africa. Cocoa has struggled to move higher amid the estimated cocoa surplus, along with sluggish demand growth. Last month, the International Cocoa Organization raised its forecast for the 2016-17 season, indicating a surplus of 382,000 tonnes compared to an earlier forecast of 264,000 tonnes, as supply of cocoa swelled in Ivory Coast, the world's largest grower. Some private research firms have forecast another big surplus for next season At the end of trading early this morning, the price of cocoa futures contract for September 2017 which is the most active contract monitored closed with a decline. The price of the commodity closed down 34 dollars or 1.81 percent at 1,845 dollars per ton. Analysts expect that the price of cocoa futures for future trading could potentially rise if the weakening US dollar continues. For the next trading seesion, cocoa futures prices on ICE Futures New York potentially will break the resistance level at 1,900 dollars.

Tocom rubber price on Tuesday afternoon trade (27/06) ended up. The price of natural rubber futures for the most active contract of November 2017 strengthened helped by rising crude oil prices. Crude oil futures rose for a fourth straight session on Tuesday in Asia session, helped by short covering of investors, despite concerns about a bloated supply of oil still threatening prices. The price of natural rubber at Tocom for the most active contract for the November 2017 contract this afternoon ended up by around 3.3 yen or 1.7 percent at 193.40 yen per kilogram. Analysts estimate that Tocom rubber price movement in next trading today still has the potential to strengthen limited with the increase of crude oil. However, if the weakening Yen continues then it will depress the price of Tocom rubber.

The price of sugar futures on ICE Futures New York at the end of trading early Tuesday (27/06) ended down triggered by the strengthening of US dollar. The US dollar ended overnight despite long-term goods orders data weakened. The price of ICE sugar futures ended down by 2.43 percent, at 12.85 cents per pound. Tonight will be released S & P / Case-Shiller Home Price Data MoM APR and CB Consumer Confidence JUN, both of which are indicated to decline. If realized will push the US dollar down. Analysts expect that the Sugar price will on ICE Futures New York futures will likely strengthen further if the US dollar tries to weaken. Crude sugar futures prices on ICE Futures New York potentially test the resistance level at 13.40 cents and 13.90 cents.

As long as the broker is strict enough to put the fine to a broker and also have higher fees for membership entry it is more than enough. Regulation also act the middle man which is good for traders in long term, as long as you don't find any problem that would be good but if you start to have problem it will be a good thing to contact the regulator.

I think the way they love to lose is to reap the experience from that failure just like innovation where it benefit most from failure to be a better thing. The same thing with forex too. In foreign exchange, the risk is always exist which makes it more interesting and the reward is promising nearly the same like the risk we must have.

That is why when i met a lot of newbies online which asked few things about forex i always recommend them to have money first or at least a other income to supply their capital as forex trader. You won't earn big if you don't have bigger capital and the most efficient way to do this is actually by trade with your own money.

Promise if that is a real promise would be a great motivation for us but if that promise is a false one, i think it wouldn't ended up so good isn't it? Also if you look at the bottom of broker site they will tell that forex is a risky business, the disclaimer font is smaller so you mostly will ignore it, and this is a reason why we should trade with the risk we can only take.

AI intelligence up to now still debatable is that good for traders? Some traders feel that nowadays AI is more than enough to make you able to process a better trading, while the others feel that it is not more and there are a lot of flaws which could be exploited on current AI. Overall, Forex AI is a good idea but in extensive trading only few could afford the best one.

You're seems to be out of the topic here, it is not about understanding the terms. Can you give me an example of someone who just understand the terms or jargon in foreign exchange but making sizable amount of profit? No one! . To be successful it is all about our skills which build by our experiences so far to focus to trade.

After you understand your own emotions then don't ever mixed in with your trading, that is one of the hell risky movement to do. The risk of course more than just losing money but gives you more addiction to do the same way over and over again. See many veteran traders out there, look at how they analyze the market and react to their profit and their loss. No or at least a tiny bit of emotions involved.

ALl of the fixed spread account are dealing desk broker, they usually offers very low spread rate and keep the rate fixed which doesn't match with demand and supply. Spread is difference between the buy and sell price. Up to now floating spread broker makes much more sense even sometimes when volatile market at its highest, the spread usually spike higher.

I agree with that because there are some brokers which don't allow something like this, but that is the other problem. We talk about the strategy ignoring the fact that broker is good or not or allow scalping or not. Scalping is one of the technique and it is pretty much simple and straightforward so it is pretty much easy to explain it to newbies.

The less you earn from forex it means the less risk you must bear and this is good for someone who is totally paranoid. Risk in forex is equal to profit, so basically if you want to make money in forex be peace with the risk and accept it also if you can embrace it but in the right dose because you still limiting the risk but able to get nice profits with it.

Crude oil prices rose more than 1 percent on Monday (26/06) in Asian session helped by a weaker US dollar, but the increase in U.S. drilling activity Fueling concerns that an increase in global supply will continue despite efforts by OPEC to limit production. U.S. crude oil futures West Texas Intermediate (WTI) rose by 1.12 percent, to $ 43.49 a barrel. Meanwhile Brent crude futures rose by around 1.12 percent, at $ 46.05 a barrel. Analysts said oil prices rose as investors closed short positions, but there was little fundamental news supporting prices. Although oil prices have rebounded from 10-month lows, they have still fallen about 13 percent since the end of May, when the Organization of Petroleum Exporting Countries (OPEC) and several other manufacturers agreed to extend the deal to reduce production by 1.8 million barrels Per day (bpd) until the end of next March. But crude supplies in the United States, which are not part of an OPEC-led deal, have reduced the impact of cuts. Many analysts expected that Crude Oil will rise if the weakening of US dollar continues. But fears of an increase in global production are still a bearish sentiment. Crude oil price is expected to move within range of Resistance from $ 44.00 to $ 44.50

ICE's sugar futures prices closed up at the end of the weekend trading (24/06). The price of this commodity strengthened supported by the weakening US dollar. U.S. Dollar dropped about 0.3 percent against a basket of currencies, on track for its biggest daily percentage drop since early June after the US economic data. Which is weaker than expected. At the close of trading on Saturday morning, the price of sugar futures for the most active contract, the October 2017 contract, is observed to rise. The most active sugar futures prices closed up by 0.11 cents, or equivalent to 0.84 percent at 13.17 cents per pound. Tonight will be released Durable Goods Orders which may be indicated an increase. If realized will strengthen the US dollar, therefore analysts predict that the price of sugar futures for subsequent trading potentially weak. Sugar futures price is potential to test the Support level at 12.70 cent and 12.20 cents.

The price of arabica coffee futures on the ICE Futures New York commodities exchange at the close of the weekend trading late Saturday (24/06) ended up soaring. The increase in arabica coffee prices is supported by bargain hunting traders. Bargain hunting came after coffee prices plunged in the previous three sessions by 8 percent, prompting buying by traders. Traders also said markets were technically oversold on Friday, which provided chart support and inspired some corrective purchases. The price of Arabica coffee futures for the most active contract in September 2017 closed up at 1.2300 dollars, the price jumped by 5.58 percent. For this week the price of arabica coffee has declined around 2.34 percent. Analysts expect that the movement of arabica coffee futures price on ICE Futures New York in next trading potentially weakening limited if the strengthening of US dollar realized. The price of arabica coffee futures has the potential to test the support level at 1.2000 dollars and 1.1700 dollars

The price of cocoa futures at the end of trading session late Tuesday seems to closed up. The increase of cocoa prices is supported by the weakening US dollar. A weaker US dollar makes this dollar-based cocoa commodity cheaper in other currencies. At the end of trading, cocoa futures contract price in July 2017, which is the most active contract, was closed by posting an increase. Commodity prices closed up by 56 dollars or 3.07 percent at 1,879 dollars per ton. This weekend's surge has kept cocoa prices tumbled further this week, though cocoa prices are still down 7.35 percent this week. The drop in cocoa prices was due to weak demand and high production, coupled with dollar-strengthening pressure and profit-taking. Tonight will be released Durable Goods Orders data and may be indicated an increase. If realized then would strengthen US dollar. Therefore Analysts expect that the price of cocoa futures for subsequent trades potentially declines. For futures trading, cocoa futures prices have the potential to break the support level at 1.830 dollars.

Tocom rubber price on Monday afternoon trade seems closed up. The price of natural rubber futures for the most active contract of November 2017 strengthened helped by the weakening of the Yen and rising crude oil prices. A weaker yen makes Tocom's natural rubber futures lifted. For overseas buyers the weakening of the yen makes commodity prices traded in these currencies become relatively cheaper so that demand increases. The price of natural rubber at Tocom for the most active contract for November 2017 this afternoon ended up 0.4 percent at 190.10 yen per kilogram, increase from its previous close at around 189.30 yen per kilogram. Analysts expect that Tocom's rubber price movement in next trading today may still strengthen with the weakening of Yen and the rise in crude oil. For the next trading session according to expectations, the price is expected to touch resistance level at 195.00 yen.

The price of Rotterdam's ICE coal closed weak at the end of the weekend trading late Saturday, triggered by weak demand. India has canceled plans to build nearly 14GW of coal-fired power plants - equivalent to the total in the UK - with the price of solar electricity falling freely to levels considered impossible. Rotterdam coal price futures for the most active contracts, the July 2017 contract ended down towards 78.50 dollars per tonne. The price of these commodities decreased by 0.15 dollars or equivalent to 0.19 percent compared to previous one. For this week the price of rotterdam coal is still up 0.5 percent. The bullish sentiment closing down 37 of India Coal mines and US consumption increases, offset by sentiment bearing crude weakness, falling demand and increased US supply. Analysts had expected that the Rotterdam coal price movement in future trading would be weak if US dollar strengthening occurred.

The best indicator of course fundamental indicator such as news. Mostly the reason why people do buy and sell because they see there is something which could affect their investment in short or in long term. Imagine Fed rate news? That is a very big news, just few points changed then people start to make its movement and to speculate.