myregister

Yes, we are. Well actually i am more fundamentalist rather than technicalist, in my own humble opinion i think that fundamental analysis is the core of foreign exchange itself, imagine a forex world without news or data as our own indicators, of course we need it and you know 80-90% movement on the market is because of fundamental issue from economic related to political related.

That is true too, profit locking is a good idea for someone who want to secure their profit for quite long time but still uncertain but still ber careful that profit could be eroded by swap. I don't recommend to hold it for month unless you use full lot size or even more than that.

Trading by speculate with the price, they hold the price for a while by buying or selling currency, if the price is like what they expect it will rise or fall and then by few seconds, people make money from the price difference. Big institution also making money and actually way bigger than typical retailer trader.

But you cannot make profit if no one cannot see your records, the best way to earn money without capital is of course by go to that kind of forum you said. Getting a trading bonus and then use that bonus as the holder of your floating position and hopefully you can make profit from it.

Yes anthony, ECN by far are the brokesr dealing type which offer lower rate but don't forget dealing desks also offer the same closer rate to ECN if not better, some even has fixed rate while in ECN the rate is dynamic from one to the others.

Long term or short term are the same, there is first time for everything and newbie who want to learn about long term can spend their time to learn in long term too in demo account. After they gain some mastery over long term trading, they can turn into a better trader and of course trade with long term strategy.

Demo account is not mini account. Based on the information i've got so far, mini account is typical smaller lot size account as maximum lot size you can use. Pretty good to say that this account ideal for newbie especially the one with smaller capital and want to use smaller lot size.

You learn and you must know is that foreign exchange for you? If yes keep doing the business, trade and even you lose make sure that you still able to rise and to recover later. If you are quitter type that don't like high risk business then i do recommend to you to stop trade on foreign exchange.

Rubber prices ended stagnant in trading today, Tuesday amid weaker crude oil prices ahead of OPEC meeting. The price of rubber for delivery in May 2018, the most active contract on the Tokyo Commodity Exchange (Tocom), ended stagnating at 196 yen per kilogram (kg). Earlier, the May's rubber contract price opened down around 0.05% towards 195.90. The price for April 2018 contract was able to finish up about 0.41% at 195 yen per kg after yesterday's trading closed down 0.77%. Analysts said the price of rubber was affected by crude oil prices, triggering a sell-off of this commodity. Japanese rubber inventories were up 8.3% at 6,262 tons. China's rubber stocks monitored by the Shanghai Futures Exchange slumped 37% to 322,408 tonnes per week, down from the highest level since 2003. The weakening of oil is triggered by the start of the recovery of pipelines that drain the crude oil from the Alberta oil field to the US crude oil trading center. On the other hand, the yen exchange rate was observed to weaken 0.16% or 0.18 points to 111.27 per US dollar at 14.09 WIB, after on Monday (27/11) ended up 0.39% at 111.09 .

Although slightly elevated, the US Dollar trend against the yen is still near a two-month low, with a short-term market focus on the Senate vote on US tax-cuts this week. Market participants are also awaiting confirmation from Fed chairman Jerome Powell, who is scheduled to deliver his testimony tonight in front of the Banking Senate. In a preparatory speech before a testimony released last night by the Fed, Powell said it would continue monetary policy that has been implemented so far. USDJPY is trading at 111.151, although it briefly peaked to a high of 111,327 this morning. The lowest level of USD / JPY since mid-September was at 110.85, formed on Monday. Concerns about delaying the implementation of US tax cuts until 2019, re-emerged and weighed on the strengthening of US Dollar in recent weeks. At the same time, the Japanese Yen also gained support from the wobbly risk appetite due to weakening Chinese equities in several trading sessions. Dollar Index, which measures the strength of the US Dollar against major currencies, slipped 0.1 percent to 92.841. EUR / USD which had climbed at the beginning of last week, now limp at low levels, with trading at 1.904.

British banks can overcome the "chaos" caused by Brexit without the need to cut borrowing or bailout by taxpayers, the UK Central Bank (BoE) said Tuesday this afternoon, in the announcement of the annual UK healthcare check . For the first time since the BoE began to "stress-testing" commercial banks in 2014, no major banks have to raise extra capital despite Brexit causing uncertainty, the BoE said. Barclays and Royal Bank of Scotland (RBS) are considered unsuccessful in undergoing financial health checks by the central bank, however, the two giant banks are also not up to raise the extra capital because they have increased capital in a year. Reports from the financial sector from the BoE this afternoon made Pound volatility sharply moving. GBP / USD dropped to the level of 1.3302, after the candle pair needle had penetrated the high level 1.3357 this afternoon. In addition, there are also reports that report on new issues in the Brexit negotiations. The Irish government has reportedly threatened to issue a veto on the Brexit negotiations, on border issues with Britain, which include priority issues discussed by negotiators.

That could be a good statement but you must remember that not all traders are stupid enough. Sometimes they lose because that is their time to lose, i know it sound cheesy but yeah we already analyze the market and take a good position but what's happen? Shit. Just look at those big traders do they stupid enough? I don't think so, they are just trying to survive and make profit but they can't make profit forever.

Metatrader 5 will be number 2 forever for good. They need something to change this but i think for now with MT4 alone people already take the scene of online foreign exchange, it is agnostic based platform and used by a lot of brokers around the world and of course have a lot of costumers.

Demo account? Well something must be wrong here. If you want to earn of course it is through live account / real account. Actually you can earn money from demo contest but you must compete with the others to get bigger profit while in real account, your profit is yours no matter how small it is.

Hard work and Smart Work i think. After few years and still struggling in forex i see that if you have big capital you can applied that smart work, but with smaller capital and want to reach better residual earning from forex then hard work is needed which means you need to increase your trading frequency where you may still lose your capital.

But it will be better feature to manage your emotions. Remember without SL you will be tested to close the position or not. Your mind will wander and think " is this the right time to close a position?, maybe the price will rise/fall later." Without SL there is nothing like this unless you keep monitoring your position for sure. It will close automatically and as fast as possible since it is the system not through human clicks.

Not switch? My message is clear as crystal, switch or change or whatever you want to say about it. Switch to a better broker that has good reputation and don't want to take your money instead would be so much happy if you can make profit because it means their profit in long term too, and of course without this stop loss hunting bullshit.

Yes, no matter what even as low as $10 per month or week as long as you keep making profit with some kind of range that rarely out from that range i will consider that as money factory, remember it gives you constant earning per month which really make a sense to many people around the world. If you can gain consistent earning then forex is a money factory for you.

Demo contest and demo are good practice skill, both will give you more sense of feeling of how to trade in real trading. Well basically to me they are pretty much same technically but psychologically different especially for new trained foreign exchange trader especially considering the chance your loss is real.

LOL the reason why i want to plunge into foreign exchange is because of this. You will have chance to spend more of your time with your family at home or playing video games. Since i am typical people who love to spend like 12 hours on home and do many things aside from going to work, it is the most suitable job for me.

That is another aspect of foreign exchange that you must accept, the risk of choosing the wrong broker. Based on my experience choosing broker will give us more dilemma considering that well reputed broker usually and mostly have higher minimum deposit which unreachable to newbie.

I don't know what is your definition of risk here, but for me taking too much risk isn't a good idea. Take a risk should considered a lot of aspect. Like can you survive after losses. Don't think so much like one time profit attempt like if you lose you will lose everything if not you gain double or even triple profit

In long run yes, there is risk there and this is why a lot of traders easily lose their money. Everyone cannot earn profit some lose, some gets nothing, some make profits. You know that this month i lose one and make 2 win trades? Just 3 trades so far but profit isn't that big but still profitable. Not always you make profits but make sure your profits overwhelm your losses.

Too high man. Up to 1:400 as high as you can, even as much as that sometimes keeps you wondering that you are doing right or not, and yes that 1:100 leverage is good you, it seems prefer standard and sustainable( if you do a proper risk management). Most veterans prefer 1:100 because risk and reward ratio is well balanced there. Myself is 1:200, i have plan for 1:100 but after i got more than $1000000 in my account, but that is a very long story to that

Sure it is human and that is bad, so self control needed here and you can gain that by keep practicing, i do recommended to keep trading in demo account and see how good your performance, for me practicing to avoid mistake won't make us perfect but it will built a good habit to avoid unnecessary losses