flybiz08

Your view about forex trading is one of a game where traders are gambler and applning gambling principles in forex, they will succeed. You're wrong. Forex is not gambling and it requires skills which is the most difficult part of it all. I'd advise all traders to develop their trading skills than to think that forex is a game to gamble.

Even with a currency whose country has an economic news release, money can still be made but I agree with you that traders shpould keep off about 2 hrs in advance and depend on the buffer. I would recommend that traders keep off entirely from tne market because when the news is eventually released, other pairs may also be affected.

It is important that a trader aspires to be among the group of those that lead the forex jungle and those are the large institutional traders and organizations. The journey to achieve this all starts from the newbie level and with practice, perseverance and motivation a trader can grow from a cub in forex trading to a lion in this business.

It will be impossible for the the PAMM to beat the HYIP programs for a number of reasons. First, a trader who decides to invest in the HYIP is taking the risks himself rather than let anyone do it for him. In PAMM, a trader decides to just bear whatever outcome the PAMM account manager have to offer.

For as long as possible if not throughout a traders trading career. The demo account s serve many purposes to different traders at one time or another. It is particularly important to new traders who want to try their hands on forex. Since the money is not real, there's freedom to try out any strategy a trader wants without paying for any mistake with real money.

There's no easy way to earn from forex consistently. Consistency is the issue here because a trader can make some quick gains today and lose it all the next day. The best thing to do as a forex trader is to trade with a system that has been tested and trusted and one that suits the personality of the trader in question.

It varies but i try to make an average of 20 pips daily and I do not make this every day though. Sometimes, I make more and sometimes I make less. It all depends on the market conditions but at the end of each week, I try to a=ensure that I stay on the positive.

The forex market is not one of the biggest rather it is the biggest financial market in the world at the moment and tell you what, its capital base is over $4 trillion dollars in exchange per day. It is one market that can fetch a trader a fortune if the trader knows what the markets are all about.

In actual fact, forex is incorporated into some of the courses in the university. This is particularly of concern to students who are reading, accountacy, banking and finance, as well as students studying economics whether micro or macro.

I am not willing to take that risk to download a file that the moderators and admin of this forum do not recommend. I want to tell the thread starter that there is no such thing as the holy grail and if there were, I'm sure that the thread starter will be richest man in the world. Please start interesting topics so that we can share meaningful ideas and learn from each other.

Being aggressive in the forex market will not bring profits but losses in the long run, Every new trader as well as old traders must realize this in order to succeed. A trader should at all times be satisfied with whatever the marets have to offer than to try to get more from iot. It is greed that often spurs aggressive trading which in most cases are reckless.

Price action is the representation of the balance between the demand and supply for a particular currency pair. It is that price that both buyesrs and sellers of the particular currency pair are willing to settle for the pair at that particular time.

60% rebates on all trades taken. That's among the highest I've come across. If I may ask, do traders ned to open the said accounts through you or through the broker sites. How protected are the funds that will be deposited to the forex brokers?

Trading without a tader looking at the big picture which in this case is the higher time frames is just trading blindly. Sometimes a trader gets a strong signal in which all parameters have confirmed the signal yet it turns into a loss. The one reason for this in most cases ids the failure to know the direction of the market or pair and that is known by taking a look the higher time frames.

I hold the USD, EUR and the GBP in my trading account s and the reason for this is to make orr take advantage of any change locally in my country particularly when I want to convert it. I have been doing this over the years and I have made a considerable profit from this idea.

I an not certain whether your indicators and the combination of period with which you trade with them in the stock market will still work in the forex market. It is better to test your strategy again on the demo accounts and see if the results are replicable in the forex market as it were in the stock market in which you were previously trading.

Your combination is one of two trend indicators which are Bollinger bands and CCI. I can see that you also make use of RSI which is an oscillator. This is a good combination but I'd suggest that trend lines as well as the fibinacci tool be used in conjunction.

It all depends on general market conditions. If the trader is in the Asian session where there's not much trading activity, then there's bound to be a low activity in this pair and in most pairs as well. It is better to trade during the London session when the market volatility would have picked up.

that is why we have to pay attention to the economic and political events that take place in the countries of the currencies that we trade. In that way, it will be much easier to tell when a currency will appreciate or depreciate.

A trader does not need to trade decades to get a small accout say, a micro account to a large amount. What is required is skills and the sooner a trader acquires the needed skills, the easier the growth in the account balance. Again, it is not only intra day trading style that can grow an account.

Good thinking but have you also considered that if you had not placed the stop loss and the trade continued the pother way round, what do you think would have happened. I think that the markets sometimes act this way as you have experienced but it is better to trade with a stop loss than without it.

I'm in line with you on this. Theory has to be made practical when a trader is trading forex. It is better said than done and also it is important to know that not all that is said articles and books about forex are easy to carry out. A new trader may have to find a way around them by spending quality time on the demo accounts.

Insta forex is a very good broker and to tell you, best broker choice is different from one trader to another. Every trader has a particular factor that is looked at before picking a broker as well as awarding a broker the best.

Do not woryy dear, this year will definitely be great for you and I hope you'll acquire more skills to succeed in forex trading. I'd also like to advise that you adopt a proper risk management technique to limit losses that can prevent you frpom your goals.

I am of the opinion that the take profit order is as important as the stop loss order. I f you were to take a trade, then you'd want to make sure that the market price target is hit and this is only achieved by using the take profit. The take profit will also not require a trader to sit in front of the computer until the target is hit.