myregister

----double post----

Sugar futures price closed down at the end of ICE Futures New York futures trading, commodity prices are weakened by the weakening of crude oil prices. Crude oil prices retreat in late trading, boosted by profit-taking after yesterday's session jumped to a 2.5-year high when the UK's largest North Sea oil pipeline closed. Traders anticipate that lower oil prices will trigger sugarcane producers to prefer converting sugarcane to sugar than ethanol, resulting in increased sugar production and further pressing sugar prices. At the close of trading early this morning the price of sugar futures for the most active contract of March 2018 contract observed to fall down. The most active sugar futures prices closed down by 0.18 cents, equivalent to 1.29 percent at 13.77 cents per pound. Analysts expect that the price of sugar futures for subsequent trades could potentially decline if the strengthening of the US dollar occurs. Crude sugar futures prices on ICE Futures New York potentially test the Support level at 13.30 cents and 12.80 cents

Crude oil prices slumped in late trading late Thursday (14/12) hampered by higher-than-expected gasoline inventories and U.S. crude oil output continues to grow to record highs. The price of West Texas Intermediate crude futures ended down 54 cents, or 1 percent, at $ 56.60 a barrel, after finishing the previous session down 85 cents. Brent crude futures fell 92 cents, or 1.5 percent, to $ 62.42 a barrel. The US EIA reported US crude inventories fell 5.1 million barrels in the week to December 15, compared with analysts' expectations of a 3.8 million barrel drop. But news of crude oil declines, tackled by gasoline supplies rose by 5.7 million barrels, compared with analyst expectations in a Reuters poll of 2.5 million barrels. Distillate supplies, which include diesel and heating oil, fell by 1.4 million barrels, versus expectations for a 902,000-barrel increase, EIA data showed. Some analysts expect crude oil prices to potentially move higher if the US dollar continues to weaken, as well as bargain hunting after the price drops. The price is expected to move within the resistance range between $ 57.10 - $ 57.60.

The price of natural rubber is observed to continue strengthening at the end of the third day of trading in a row. The price of rubber for delivery in May 2018, the most active contract on Tokyo Commodity Exchange (Tocom), closed up 0.54% or 1.10 points at 205.30 yen per kilogram (kg). Previously, Rubber price's May contract opened down around 0.15% at 203.90, after yesterday's trading ended up to 204.2 yen per kg. Some analysts have said that there is growing speculation that shipments from Thailand will decline following government efforts to suppress exports. In addition, there is a decrease in seasonal production that occurs. Earlier, Agriculture and Cooperative Minister Grisada Boonrach said the government was balancing to cut rubber production and boost local demand to shore up prices. In line with rubber, the Japanese yen exchange rate was down 0.17% to 112.73 yen per US dollar.

The coal price rally came to an end yesterday, in line with weaker crude oil prices. On Wednesday's trade, coal prices for January 2018 contracts, the most active contract on the Rotterdam commodity bourse, closed down 1.05% or 1 point at US $ 94.55 / metric ton. The January 2018 coal price contract slipped into the red zone after posting a rally for five consecutive trading days earlier. On Tuesday trading, black stone even ended up 0.79% or 0.75 points at 95.55, the highest level of all-time contract. The fact that the market is impacting profit-taking after the closure of the pipeline at Forties shows that the market is still struggling towards a price-strengthening trend. Now, basically we are at the same level one month ago.

Australian dollar jumped to as low as 0.7667 per dollar following a report on Fed rate hikes and a slew of figures in Australian Employment data. Entering the European session, AUD / USD traded 0.7664 in a downward trend not far from the peak reached earlier in the Asian session. Australian Dollar's rally is reasonable given the report from the ABS Bureau of Statistics which shows an additional 62,000 new jobs in Australia in November. That number far exceeds the estimated job creation rate of 18,000. Australia's Unemployment Rate is in line with expectations, unchanged at 5.4 percent. In addition, the report released by China's economic indicators, the country's number one trading partner for Australia, today also showed excellent performance according to expectations. Overall, economic data on this day is indeed in favor of the bullish Aussie. the spikes are becoming increasingly after US Dollar tumbles due to monetary policy of the Fed is considered less hawkish despite still raising interest rates.

Gold prices jumped on Wednesday night's trading, in keeping with persistent US inflation data at low levels and blurring the impact of an interest rate hike announced by its Federal Reserve. Gold Spot (XAU / USD) jumped from 1244.49 at the end of Tuesday to 1255.40 in late trading. On Thursday morning (14 / December), XAU / USD is still climbing again by 0.13% to 1257.19. Therefore, Gold is sensitive to higher interest rates as they push bond yields, reducing the attractiveness of non-yielding gold. They also tend to boost the dollar, making gold more expensive for holders of other currencies. Yellen's successor, Fed Governor Jerome Powell, has hinted that he has a cautious approach to raise the rate of increase. A lot of analysts seems to expect gold prices to rise if the weakening US dollar continues. Gold prices are expected to move within the range of Resistance between $ 1,257- $ 1,260

The dollar retained its weakness in today's trading session this afternoon, after tumbling post the US Federal Reserve's monetary policy statement late on the night that raised interest rates according to expectations. Nevertheless, the Fed is considered less hawkish because it does not change the outlook rise in interest rates next year. The monetary policy statement is also considered dovish. Especially because there are two voices of interest rate rises because it highlights inflation. That's what causes the US Dollar depressed and collapsed after the announcement of the policy. The dollar index fell 0.65 percent to 93.48, the lowest level seen since it reached Dec. 7. The euro last rallied 0.64 percent at 1.1815 against the dollar, while USD/JPY traded at 112,602, up 0.2 percent erasing a 0.9 percent decline to a record low of 112,459 moments after the FOMC release. Analysts estimated that US dollar index will move steadily with US interest rates rising, and if tonight the US economic data is realized increased, will strengthen the US dollar.

Stop Loss and Take profit would handle that, so maybe to you that is the part of your limit losses. Forex still popular despite of its high risk because people love high risk isn't it? See BTC? Volatile but people keep wanting to make money, this is quite similar to gambling and we are full of curiosity creature and that is also drive our feeling to make profit in such high risk business including foreign exchange itself.

Less earning means less risk, and more earning means more risk. It is flexible enough and reflected one of the most interesting key of foreign exchange. So it is up to you to take less earning or gain more earning. Forex is a high risk business so the more you want the more you need to sacrifice, but remember if you able to manage the risk well, more earning could be lesser risk.

Yes, it is pretty essential tools for all kind of traders from around the world no matter what is their statuses. But it is all about SL hunting dude. Imagine a broker trying to hunt your SL by manipulating the price to near SL that you has been set. This is clearly an illegal act and if that broker registered under strict regulator such as MiFD or NFA, it means that broker's end.

No correlation with your post, i do wonder what do you mean by discipline here. For me, reasons already told before. It is all about the potential of foreign exchange, its liquidity, and its flexibility. Rather than other business i prefer forex, it is also easy to understand even in practice is quite hard to do.

Yes, since we already talk about that i think most of us here who follow this discussion will understand that greed is dangerous but that is emotion, the part of us. You all cannot simply remove it, without greediness even just tiny bit of it, there won't be any willingness to trade in foreign exchange.

Gold prices fell to a five-month low in late trading today after triggered by expectations of an increase in interest rates, which is expected to occur this week and look for clues about further gains from the Federal Reserve. LLG Spot gold prices fell about 0.1 percent to $ 1,240.64 per ounce, after reaching its lowest level since July 20 at $ 1,235.92. Meanwhile, the price of U.S. gold futures for February delivery fell $ 5.20, or 0.4 percent, at $ 1,241.70 an ounce. The global market still seems to be eyeing the U.S. central bank's two-day meeting. for clues about the Fed's future rate path. Gold is currently observed quite sensitive to the rise in interest rates. as this increases the opportunity cost of holding up the non-yielding gold and raising the dollar. Analysts expect that gold will likely recover quickly from recent lows if the outcome of the meeting proves to be a small rise. In broader markets, world stocks stopped following a three-session rise in a row, while the dollar strengthened.

U.S. Dollar rose to a three-week high against a basket of currencies at the end of trading early with the start of a two-day Federal Reserve policy meeting expected to raise interest rates for the fifth time since 2015. The dollar index reached new level at 94.219, the highest since November 14, before falling back towards 94.07. The dollar rose more than 1 percent last week, its biggest weekly gain since late October, but down about 9 percent this year. Investors will see a signal that Fed officials are more optimistic about the prospect of faster growth as lawmakers appear to be approaching a major overhaul of the tax code as a clue as to how further interest-rate increases might be next year. The Consumer Price Index (CPI) data on Wednesday will be the key focus of data for further clues on price pressures. Tonight will be released data on November US Inflation Rate indicated to increase. Also later in the day will be announced the US interest rate decision indicated to increase. Analysts expect the US dollar index will move up with an indication of rising inflation and rising US interest rates.

Brent crude oil prices rocketed to the highest level since 2015, after a major oil pipeline in the North Sea was forced to close for repairs. This is increasingly tightening supply in the global market, while OPEC production restrictions have just been extended. Currently, Brent continues the rally that has been going on since last night by rising 0.85% from the opening price to around $ 65.26 per barrel. WTI Crude oil was rise about 0.57% to $ 58.31 per barrel. The price spike in Brent Crude Oil this time widened its gap with WTI oil prices, rising to nearly 7 US dollars per barrel, from just about 5 US Dollars per barrel last week. It is projected to make US-exported oil more attractive to consumers because it is cheaper, pushing the superpower to push more market share while OPEC and its allies are limiting production. Currently, US crude oil production has risen by more than 15 percent since mid-2016 to around 9.71 million bpd, the highest level since the early 1970s. With that level of production, the US is getting closer to the world's biggest oil producers such as Russia and Saudi Arabia.

The Australian dollar added to Wednesday's trading gain against the US Dollar. AUD/USD seems to track towards level 0.7577, from the previous session at 0.7552. The increase came as the market awaits monetary policy from the Fed's FOMC meeting early in the day. This morning, Australia's Consumer Confidence Index for December of Westpac, reportedly rose about 3.6 percent to its highest level in four years. The previous month, the index declined to 1.7 percent. The report is surprising and shows that Consumer Confidence is likely to hit its lowest level in the third quarter. In addition to the report, this morning the Governor of Central Bank of Australia (RBA), Philip Lowe, delivered his speech. At the Australian Payment Summit, Lowe said that the central bank is still studying the pros and cons that accompany the idea of ​​electronic Australian Dollar or e-AUD. The RBA's interest in crypto currency, comes after cash is being abandoned by Australian consumers. Lowe explained that according to the RBA survey of 2016, cash transactions in the community only reached 37 percent, far down from 70 percent in 2007. Furthermore, Lowe asserted that the Australian electronic currency system still needs to be developed carefully first.

Rubber prices fluctuate in trading today, after being affected by a number of sentiments. The price of rubber for delivery for May 2018, the most active contract on the Tokyo Commodity Exchange (Tocom), was falling down 0.59% at 202.80 yen per kilogram (kg). Analysts said rubber prices were weighed by a stronger yen, a weaker Nikkei index, and a weaker crude oil price on Tuesday. Besides that the weakening of natural rubber prices is also limited by the efforts of producer countries to limit supply. Known, Indonesia, Malaysia and Thailand are rumored to be reimposing the rubber export restriction scheme in December 2017 to lift the price of the commodity in the global market. The three major rubber producing countries that are members of International Tripartite Rubber Council (ITRC) consider the impact of the world natural rubber price decline, especially for the welfare of small farmers. Meanwhile, in addition to the above Japanese yen exchange rate is also observed rising 0.23% 113.29 per US dollar.

I must say that is because of the internet which makes forex cost friendly even still high risk compared to the other business. Leverage in modern forex also bring a big impact to the small to medium retailer trader because it will make them easier to speculate on the market rather then before with no and small leverage.

Yes they just send few hours but it is extensive trading, imagine 10 open position in less than 12 hours? I just open 1 or at most 2 positions per 24 hours and that is depend on the condition, sometimes i don't even trade for 1 week lol. This is what i like about forex, it is all about flexibility and you are your own boss.

And the one who will verify your transaction is miner itself. As the reward for verifying somebody's transaction miner will get the block aka BTC, the bigger block they get the bigger BTC they get. But this is truly use power extensively, not really green as the other currencies but after all BTC mined, i think the fee will be bigger.

It still consume energy more than what you think, ethereum also divided between two. The modern one and the classic one which still use PoW if i don't make any mistake. Ether price still around $300- $400 per ether. Overall this currency has good future as the price keep rising and with its good feature it may replace bitcoin.

Not all of the traders around the world prefer manual trading, first of all it is a tedious task to trade and the more energy we spent on forex, we will feel lousy and lose our concentration. With robot trading, you don't have something like that. Your emotions is safe because it is not you and you can set even how much TP and SL before the robot will close your position.

Sure and this is why some people treat it like the same, it is all about making a decision that the price will rise or fall after for example one hours, 2 hours, or even more. The more time you bet for the price to rise or fall, the more you will get profit from it.

Same here but sometimes i feel like that this feature if you use it at the wrong time will be an invisible obstacle for you to get further profit, this is why you need to use it carefully. SL technique without doubt help us a lot, from manage the risk to manage our own emotions since manual trading doesn't happened here.