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radex78

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Everything posted by radex78

  1. So far I trade uses FXOpen broker, where I already trade with them more than nine years so far. FXOpen is global broker regulated on three jurisdiction Australia, United Kingdom and Europe. Trading condition is good, true ECN offer low spreads from 0.0 pips and there are so many instrument trading in CFD market included forex, indices, cryptocurrency, stock, commodity.
  2. The first step how to learn forex business is learn basic forex, there are popular and good resources to learn basic by reading school of pipsology from babypips.com, however you can learn from another resources like joined community fxopenforum. Then use demo account first, simply register demo account like demo ECN FXOpen, then instal terminal platform and practice to learn how to use trading platform, placed new order, set stop loss taking profit, how to attached new indiator etc. Don't rush to live account before ready to take the risk.
  3. Forex session devided into four session of market, the busiest session is London session market, because on these time many banks around the world in operation, so transaction money from hand to hand bigger than another session. Second session is New York, then Sidney and Asian.
  4. I suggest to use FXOpen broker because this is true ECN broker and regulated on FCA, ASIC and Cysec, the reputation of this broker established since 2005, trading condition is good because offer low spread from 0.0 pips, however in practice depends on the pair that chosen, not all pairs has the same of spreads. With instant execution very fast in milisecond. Along trade with this company rarely I face a problem, except my poor internet connection.
  5. Forex trading itself is risky, more risk when choose the wrong broker or scam broker of course, all traders don't want to enter in the trap scam broker, with choosing trustworty broker will more convenient when making withdraw money the process end smoothly. Grateful since make withdraw from FXOpen all processed without any problem.
  6. I knows forex already long years ago sine 2009 as my remember, and using FXOpen broker since 2012 if not wrong, and so far based my experience, FXOpen is good and strong company, trading condition is good, low spread, offer various attractive contest, and all withdrawn smoothly to process.
  7. Choosing reliable broker is very important when traders want to treat forex as long term business, beginners they can use demo ECN FXOpen with free without any risk, and there are some contest in fxopenforum where possible beginners become a winner and get real prize to trade in real account, FXOpen included safe for beginners and professional traders because they also has micro account and regulated top tier regulation agency like FCA and ASIC, besides regulated also in CySec.
  8. There are thousands broker in the forex world, choosing the broker for newbie maybe face a problem how to decided, they need parameter to join new company, reading reviews, regulated broker, transaction fee, customer service, trading platform, account type, minimum deposi, etc. I uses FXOpen broker already more than 9 years and so far still comfortable with this company
  9. It is possible to take quick profit with scalping trading strategy, however not all traders suitable with scalping because needs more focus in fron of the chart, and there are some traders uses scalping ea to replace hands making transaction in forex market. Choosing low spread broker like FXOpen gives benefit for scalping traders because spread from 0.0 pips, even possible get negative spread on TickTrader terminal platform.
  10. How to start trading forex as beginner needs more practice and learning, just like another beginners, first time joined forex then looking holy grail trading system, everytime fellow traders share profitable trading, then follow it and still get fail, tries many kinds of indicator sometimes make complicated in view on the chart. However now trading with FXOpen often only use two indicator and read price action and candlestick pattern.
  11. First I only spent money that affords to lose, this is the golden rules investing money in high risk business, there is different expenses of each traders depending also to the pocket condition and saving money, reckless trader maybe borrow money to investing forex. In my account the biggest balance still less than $1000, however I happy with the number.
  12. Choosing the broker for new traders maybe make some confuse because there are so many broker offer various trading feature, while traders who already choose and uses broker with comfortable, they will stick to use the service, except they faced bad experience with the broker, and grateful so far trading with FXOpen broker already more than nine years still fine, good trading condition and withdrawn process is smooth.
  13. The most important thing become independent traders is having good knowledge, skills, strong psychology to making good quality trading, able generated consistent result in trading and make account grow. Compund will become good option when traders having profitable trading strategy,however it will safe when you get break even point first before planned to compound..
  14. Scalping trading is attractive trading straregies where we can catch profit at short times and open many times order a day, scalping need low spreads broker like FXOpen to get more benefit because spread from 0.0 pips, even possible when using TickTrader terminal getting negative spread on pair like EURUSD, AUDUSD, EURJPY etc. TickTrader available also in google play store and app store.
  15. FXOpen broker in 2022 awarded as the innovative broker by traders union, the company emphasiz to improved service with offer TickTrader terminal platform which trader can trade using one account to trade in multiple CFDs market, crypto, forex, stocks, indices, commodity, TickTrader platform designed for ECN broker and possible get negative spread on pair like EURUSD, AUDUSD, USDCAD and more.
  16. Yes this is fact if making money from forex market is not easy, however it will depends on the knowledge and skill of each trader, I see the winner contest in forexcup.com 2022 generated profit more than 800% a year trading with siginificant profit result, it is means there are gap to achieved success if we know how.
  17. The Monday market already open, still uses FXOpen broker to trying catch opportunities in forex trading business in making money from home, today there are gap occurs on the currency pair EURJPY even seen on H1 timeframe, where the open price above close price.with gap
  18. Although the market movement very dynamic, however as traders need to analyze the market before making any entries, reading news also could gives a clue about possibility the most investors will response the news, news high impact highly influence to currency pair making higher volatility.
  19. In fact yes making profit mainly consistent is not easy, however very possible to grow money in account with good knoweledge, skill and patience, I see the winner of contest in forexcup.com getting a year trading profit more than 800%, it is means traders have same opportunity to become profitable.
  20. It will depends on the market conditions, when the trend strong in long rally, making quick profit is seems easy, just like as yesterday's market when XAUUSD break low and dips drop, making good profit with sell order achieved only need less than one hour.
  21. Yes FXOpen is regulated broker in three jurisdiction UK, AU and EU, the broker regulated by FCA, ASIC and CySec. From the official source here the detail. FXOpen Markets Limited, a company duly registered in Nevis under the company No. C 42235. FXOpen is a member of The Financial Commission. FXOpen AU Pty Ltd., a company authorised and regulated by the Australian Securities & Investments Commission (ASIC). AFSL 412871 – ABN 61 143 678 719. FXOpen Ltd. a company registered in England and Wales under company number 07273392 and is authorised and regulated by the Financial Conduct Authority (previously, the Financial Services Authority) under FCA firm reference number 579202. FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13. Based in my experience FXOpen is trusted broker, I already trades using this broker more than nine years
  22. I am uses FXOpen broker also included the old broker, the company has experience more than 16 years providing services in financial market, the broker also offer low spread from 0.0 pips and possible get negative spreads if using TickTrader terminal platform that available in App store and Google play store. Based my experience FXOpen is good and trusted broker.
  23. Volatility gives opportunity for investor, without volatility hence will impossible to catch profit from forex trading market, the currency price constantly changing gives challenge for traders to catch the profit from difference of price movement in the certain trading pair.
  24. It is possible to make quick profit from forex trading is get support by the price movement, in trading we know the trend market always changing, and there are sideways condition where the prices seems no movement, in this condition of course will difficult to make quick profit and many trader prefer avoid sideways market because the risk uncertain and get bored.
  25. I don't interesting to trying binary option trading, still prefer to trade in forex. So I don't pay attention with the Binary option broker because don't want to trade. So far I am comfortable to trade in forex with uses FXOpen broker, the pair like EURUSD the spread from 0.0 pips even possible get negative spread in TickTrader terminal platform.
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