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@sidejob I know the fact clearly but it doesn't change the fact that copy trading which combined with social trading is an innovation for forex. Also as i said it before copy trading is good for newcomers and all people who want to maximize the potential of copy trading, and once we can find a good trader with good habit of trading i am sure we will also get much more prorits.

You must know the price of gold is getting better right now and if you bought it before when it fell the profit you got would be enormous, imagine hundred pips on your account. Gold is good when the crisis is coming such as when US face recession or a big country or community facing it, then that is a good time to invest XAU from them into your own account.

I think no matter what accepting profit is what we should do, well of course we must be a bit greedy or stubborn to reach our Take Profit or the profit we want to reached. I accept little profit because that is the case when i think the market won't help me to rise or fall further so cutting the position even it is low is the best thing i can do, it is more as the act to secure profits.

And then what kind of material you think is good material for us? Is that just a some kind of welcome introductory about foreign exchange? Or maybe some kind of advanced program of how to create a better and profitable strategy? Well, in my head forex trading should be easier to understand, the material also should be careful, if that is a must with full visual things to make us easier to understand.

Sure we could say like that but in the end it is similar to gambling, isn't it? It's nature of people is quite wrong according to me . People said something like that because they see some difference. Some people who conscious about this said that forex is the biggest money game. We speculate here, we are tying to guessing if the price will rise or not and gain profit from it.

Sure if i can leave my greed and able to trade without greed i will be the master of the trading. Even the master itself cannot leave their greed. It will be always exist no matter what, and just like what aliforex said, control our emotions. That is the key. You are not robot which can completely leave your greed behind, but you are a human who can control it for good.

I want to make money that is why i join it and of course aliforex, everyone will accept it since most of them come to foreign exchange and make sure to earn some fortune here because of money just like me. I also agree but i think that is more like sub-reason or additional one which makes people from many kind of background want to join foreign exchange.

The price of arabica coffee futures on ICE Futures exchange at the close of New York trading Friday morning (09/09) negative ends. The weakening of arabica coffee prices depressed the strengthening of the US dollar. The dollar index, which measures the dollar against a basket of currencies, was up 0.1 percent at 95.06. Recovery of the dollar after the European Central Bank maintained its economic stimulus program. The increase in the US dollar makes commodities traded in the currency is becoming relatively more expensive for foreign buyers that follow eroded demand weakened, thus Arabica coffee futures prices for the most active contract in December 2016 closed retreat at 1.5490 dollars, down by -0.20 cents or equal to -0.13 percent. Analyst estimates that the price movements of Arabica coffee futures on ICE Futures US in New York at the next trade will weaken with the potential strengthening of US dollar after the ECB decision. The price of Arabica coffee futures on ICE Futures US in New York the potential to test support at 1.5200 dollars and 1.4900 dollars. While the level of resistance that will be encountered if the price is rising is at 1.6100 dollars.

The price of CPO in Malaysia observed commodity exchanges rose on Friday afternoon (09/09). CPO price hike this afternoon supported the weakening ringgit against the US dollar. Observed Ringgit currency weakened against the US dollar where USDMYR rose 0.56 percent to 4.0635. The weakening ringgit makes the price of commodities traded in the currency has become relatively cheaper for overseas buyers so that demand is increasing. CPO price most active contract on the commodity exchanges Malaysia today seems to have increased. The contract price of November 2016 which is the most active contract rose as much as 23 ringgit, or 0.9 percent and traded at 2,632 ringgit per tonne. Analyst estimates that the price movement of CPO futures at the next trade potentially strengthened by the potential weakening ringgit. CPO futures contract prices on commodity exchanges November 2016 Malaysia has the potential to test the resistance level at 2,680 ringgit and 2,730 ringgit. While the level of support that will be tested if prices decline is at 2,580 ringgit and then to 2,530 ringgit.

ICE Futures price of cocoa futures in late trade on Friday morning (09/09) closed slump. The weakening of cocoa prices triggered the strengthening US dollar. A stronger dollar makes dollar-based commodities cocoa have become more expensive in other currencies, so the demand decreases. At the end of trading early this morning the price of cocoa futures contracts in December 2016 which is the most active contract was observed to be closed down. Commodity prices closed down by -24 dollars, or -0.83 percent at 2,885 dollars per ton. So it estimated that the price of cocoa futures for the next trade will move in a limited tendency to weaken by the potential strengthening of US dollar after ECB decision. For the next trading price of cocoa futures on ICE Futures US in New York has the potential to penetrate the support level at 2,840 dollar. While the level of resistance that will penetrate if there was a strengthening there at 2,940 dollars and 2,990 dollars.

Pound exchange rate movements of the Asian session (04:15:35 GMT) moving strongly against the US dollar after opened higher at 1.3297 in early trading (0000 GMT), the strong pound exchange rate of 0.4% and the rolling value of GBPUSD is at 1.3330. The pound managed to rebound on Asian session and tried to rally the British respondto solid economic fundamentals seen from the data that has been entered and this afternoon they will receive positive sentiment from the data foreign trade balance in the UK in July indicated a decrease in the deficit. Technically GBPUSD may continue to rise into the range of 1.3345-1.3405, and if it did not achieve this range then the pair will drop to the range of 1.3285-1.3232. But if it reaches the initial range will be continue rise to around 1.3410. So the normal range on the GBPUSD pair is estimated to have the support level at 1.3160 and the resistance level at 1.3445.

At the end of trading Friday morning Rotterdam coal prices ended down ignore the rising crude oil prices. Coal prices have eroded by the strengthening US dollar fell. The dollar index, which measures the dollar against a basket of currencies, was up 0.1 percent at 95.06. Recovery of the dollar after the European Central Bank maintained its economic stimulus program. Rotterdam coal price futures for the most active contract is a contract in October 2016 dropped in position 61.15 dollars per ton. Commodity prices decreased by -0,85 dollars, compared to the previous closing. It estimated that coal futures price movements Rotterdam at the next trade potentially weak with potentially weakening crude oil prices are expected to hit by profit-taking. The price of coal futures potentially test support level at 60.60 dollars and then to the lower level up to around 60.10 dollars. While the level of resistance to be tested if the price increase is at 61.60 dollars and then to 62.10 dollars if can break that first resistance .

Euro exchange rate movements of the Asian session (04:00:35 GMT / 11.00 am) to strengthen against the US dollar once opened lower at 1.1259 in early trading (0000 GMT), the Euro exchange rate today rolling on the position of 1.1283. Asian session the euro exchange rate against the dollar continues to move strong rally the previous trading still with the same sentiments with the previous trading does not change the attitude of the ECB interest rate and does not provide guidance for the next monetary policy easing. But in the European session is expected to receive the negative sentiment of the release of economic data disappointing. Technically, EURUSD could rise up to around 1.1294-1.1325 range, but if it does not reach The range then this pair may fall to 1.1250-1.1190. And if it reaches the range described above, pair continue to rise around level 1.1330. And today is expected to have the support level at 1.1139 and the resistance level at 1.1359.

Aussie exchange rate movements in the Asian session (03:20:35 GMT) moving weak against US dollar, after opening higher at 0.7643 in early trading (0000 GMT), up 9 pips for Aussie exchange rate and the rolling value of this pair is at 0,7647. Exchange rate of the Australian dollar managed to rebound by Asian session weakness of the movement of US dollar against its rivals after earlier trading rose by resurgent Fed rate hike expectations. Aussie managed to resist the negative sentiment coming from the data of home loans Australia and China's easing inflation. Technically AUDUSD may rise again to the range of 0.7665-0.7717, but if it does not reach this range then the pair may fall back into the range of 0.7631-0.7557. So the normal range of AUDUSD pair is estimated to have support level at 0.7534 and resistance level at 0.7733.

Gold price movements end of the Asian session (04:30:35 GMT / 11:30 GMT) after a strong move opened higher at 1338.10 in early trading (0000 GMT), XAUUSD value is rolling at 1338.95. Gold prices tried to rebound strong on Asian session after depressed during two consecutive days to respond to the red Asian markets and also the momentum of Weak US dollar against many of its main rivals. Technically XAUUSD can move up to the range between 1341.26-1351.73, and if it is cannot up to that range then it will fall to between 1335.15-1328.34. But when it comes to the range early before going up again to the top of the range 1352.00. So the normal range of Gold today is expected to have the support level at 1321.17 and resistance level at 1358.17.

USDJPY pair movement in the Asian session (03:45:35 GMT / 10:45 pm) is sluggish after opened lower at 102.44 in early trading (0000 GMT), and now the pair is at 102.17. Japanese Yen Asian session bounced back from the previous trading pressure to reconsider sentiment projection at the BOJ's monetary policy meeting next week. Yesterday reported back a BOJ official expressed effect of additional stimulus for the Japanese economy. In terms of dollars, today is expected to accept the negative sentiment. Technically, the USDJPY continues to fall into the range of 101.85-100.94, but if it does not reach this range then the pair will move up to the range of 102.55-102.88. So the normal range on the USDJPY pair is estimated to have the support level at 100.36 and the resistance level at 103.82

Expectations of Fed rate hikes in the near term bounce back after the release of US economic data overnight showed positive data, and provide a powerful force for driving the US dollar in forex trading Thursday (8/9). However, Asian markets reconsider these data, which are still not strong enough to lift above expectations. Hence the US dollar fell back against its main rivals and make some of its main rivals back to the high position. This week's weekly dollar had fallen enough in the cut weekly gain in two consecutive weeks. For the movement of the US dollar today expected to remain weak due to the quiet moving economic data releases of the United States as a strong driving force. The evening session only data release Wholesale Inventories m / m which is less strong influence of the world's major currencies. The dollar index, which measures the strength of the US dollar against six major currencies moved lower after trading early trading Asian session opened lower at around 95.01 and is now the rolling value of this index is around 94.88 and may fall a bit deeper. Previous dollar experienced daily reinforcement of 0.1%.

Crude oil prices fell under pressure of profit-taking in trading Friday (09/09) in the Asian session, after ending up more than 4 percent a day earlier after government data confirmed the surprisingly large drawdown in US crude inventories. NYMEX crude futures for October delivery fell 0.84 percent to $ 47.22, after settling up $ 2.12, on Thursday. The price of Brent crude oil futures for November delivery fell 0.88 percent to $ 49.55 per barrel. It closed up 4.2 percent, at $ 49.99 on Thursday after hitting a near two-week high of $ 50.14 earlier. US crude oil inventories fell 14.5 million barrels last week to 511.4 million barrels, the biggest weekly drop in inventories since January 1999, according to government data. Imports into the US Gulf Coast fell to 2.5 million barrels per day, the lowest since data collection began in 1990. Traders said imports fell because of delayed ships unload cargo in Texas and Louisiana as Tropical Storm Hermine. Russian oil production rose an average of close to 11 million barrels per day for 1 to 7 September, industry sources told Reuters, from 10.71 million barrels per day in August. Analyst estimates that the price of crude oil at the next trade is projected to rise by the drop in US crude inventories. However, it should be observed that if the movement of US dollar continued to rise would push the price of oil. Prices are expected to penetrate the resistance range between $ 48.10 - $ 48.60, and if the price drops will penetrate support range between $ 47.10 - $ 46.60.

You can test your strategy in demo account, that is a good place but remember demo account is still demo account but the real trading is different thing. In real trading people trade to get more money which means this is actually the final account which where we must spend our time.

It is high risk business, why? Because the risk is high, we can lose our account in matters of seconds and it is meet the criteria of high risk business. Having good mindset and good expectancy will help traders in their quest not to mention with healthy expectancy, you might able to control emotions better than someone who don't have something like that.

Sure they can in the end that is stop loss placement which make people able to trade without worry and also so much helpful for traders to manage the whole risk which people has. That is right it is much faster rather than cut loss or cut the profit by ourselves. I prefer this way because i can just set and forget it.

Open for everybody but not for everybody. But everyone could have passion even not to forex but to the other field. The reason why people trade in foreign exchange is because of monetary issue, it is all just about money which make people want to invest in foreign exchange and start to trade.

Few months is not enough. How about one year and also you should trade at least 3 business days in a week excluded the holiday. I think by doing that you can feel the experience and feel of how to trade in foreign exchange, also later when you switch to the real account you won't groggy and able to perform your trading better.

You should try but in few brokers only accepted this neteller, if you want the universal way to get paid from foreign exchange then try credit card, but if you worry about the yearly fee of credit card then try bank wire, the only downside of this way that you must pay higher fees compared to even CC, so it is good only for big transfers.

I think that is a pretty good idea, most of people tend to forget or don't think it is a good thing to do. My advice is the same like you train in demo account as much as we can because it will increase our experience to deal with forex and it means the more we trade the more our "flight" hours increased for us.