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Everything posted by Latham Lapard
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Absolutely yes, Forex can easily be our main job and the brightest part is, we can earn huge money even through low investment, so that’s what makes Forex so special and beneficial for all while for me it’s just picture perfect to do with FreshForex and their superb conditions that includes zero spread, high leverage up to 1:1000 and many more benefits like these, so for me this been a full time work can be seriously rewarding with such broker!
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why many people see forex trade as gambling?
Latham Lapard replied to rockstar's topic in Forex General Discussion
It’s absolutely to do with lack of education and experience which makes people see it as gambling or luck based business, but once we get proper education, we will realize how great Forex is. I am grateful to FreshForex that through their complete set of education, I have understood the value of Forex and the potential, so that’s why I see it as business instead of gambling. -
Now days every broker is offering bonuses, but we got to make sure that we go for the quality instead of quantity and that’s exactly why I prefer FreshForex and their Double Deposit bonus, it’s super cool with bonus getting up to 101% and really helps working nicely especially if we’re trading with low investment like I usually do especially when it comes to scalping.
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The week started off in routine fashion with bearish trend taking over from one of the rare bullish trend that pulled the pair nearly 300-350 pips, but the switching was rapid with back again to 106 within no time and is now pushing to pass inside 105.
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It’s great opportunity to have long trade activated, we might be witnessing strong bearish trend, but we sure this isn’t lasting for long to what we see through fundamental events taking last over the next few weeks, so perfect time for long trades.
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Again we are witnessing GBP/USD into neutral trend and seems to be staying that way throughout this week, but next week we will see some major events occurring so there is huge change expected for which we need to be very careful.
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Last week after the pair falling to dip under 1.10, we were always expecting strong bullish waves but the major events pulled us to that way easily and are likely to continue with even more important news releasing during this week, so we expect 1.15 level to be broken very soon.
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There was huge pressure on AUD/USD last week when we saw even SAR providing false signals, but no second guessing this week, we were in clear bullish trend and it’s been held wonderfully, it’s now trying to break through further but so far been rejected.
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I like bonuses but I strongly believe that it should be given by broker that’s reliable and trustworthy or else it’s no use. I am glad that I have bonus from company like FreshForex, as they’re so reliable, we can even check their Review Section where so many people are satisfied, it’s only due to their top notch service!
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whether our money safe in a broker?
Latham Lapard replied to uncle gober's topic in Forex General Discussion
I have seen many people feel insecure with their brokers especially with larger investments, so that’s why we need to figure out good broker that we can rely upon. It’s very crucial to avoid brokers like Iron FX which has scammed so many people, so always make sure to work with right company. -
It’s amazing to see so many great benefits at one place, I always wanted a broker like this, but I always used to get upset that my expectations were too high, but Bingo, I have found this company! It not just covers up my expectations, but exceeds it by long shot! Great Company!
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why many people see forex trade as gambling?
Latham Lapard replied to rockstar's topic in Forex General Discussion
The reason is very much obvious and that’s to do with lack of knowledge while another big reason is wrong brokers who often scam us, so that makes us feel that Forex is just gambling and we can never get proper returns on our investment, my friend also had similar mindset after he lost with Etoro which is a really bad company, but luckily now he is with better company that has made him believe that Forex is a business not gambling. -
which currency pair do you prefer?
Latham Lapard replied to TradingForex.com's topic in Forex General Discussion
I don’t really mind trading on any currency since I believe if we’re good enough then we can make profits from any currency. I am currently using EUR/USD pair, it’s best for me given the stability of this, it’s also helpful to trade on any pair when you’re working with broker like FreshForex, as they have wonderful zero spread account, it saves so much money for me! -
How To Trade Forex On News Releases ?
Latham Lapard replied to ngocanhno110265's topic in Fundametal Analysis
Trading on news is not easy, but we should at least make sure we have all the required info and idea to make things work correctly. I simply follow this Economic Calendar by FreshForex and that helps me stay updated with all the happening, it really helps me with News trading and able to perform well. -
USD/JPY is now in great bullish trend and might continue for next few weeks, at least. It’s important that we let some recovery before going long again especially after the pair gained nearly 500 pips, it will be interesting to see where things head up come next week, but we just need to remain with the trend.
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EUR/JPY has been pushing continuously towards 125, but has failed to break it through, so till that level is not crossed, we will be better off with shorts, but need to have SL set at 125 to avoid any major damage especially with some huge events to come during the week!
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GBP/USD has been riding very smoothly towards 1.47, but has got hit on last day of the week and dropped off 200 pips, it’s not the end of the road, it’s just a start I say. It’s likely to push towards that mark again during the upcoming week.
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At the moment, we can see there is really bearish trend in EUR/USD, it has failed to get past 1.16 and since then we’ve witness pro-long downward trend, it’s likely that we will see come recovery soon, but it’s tough to say when and how much.
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It can be, but for starters we just need to make sure we build up good strategy and ways which will help us gain good profits and then think about making it as primary work. It’s also crucial to select up reliable broker to have secure future, I have just that with FreshForex, as they’re regulated plus highly reputed and if we just visit their Review Section, we see over 90% of the traders are extremely pleased with them!
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There are many reasons why we should do Forex trading, but for me the biggest reasons is been able to make huge money even with low investments and that’s exactly what I do with FreshForex, as they allow us to start with as low as 1 dollar and yet we’re able to receive up to 35% bonus on deposit, it’s absolutely master piece!
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What the type of Deposit / Withdrawal that you like?
Latham Lapard replied to uncle gober's topic in Forex General Discussion
I like instant deposit and withdrawal; I am bit impatient type of guy, so that’s why I can’t wait for these things. I am glad that I work with FreshForex where my wishes are full-filled without any trouble, as they have instant payment system for deposit and withdrawal that too without any commission been charged on either of the way.