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pepy

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Everything posted by pepy

  1. EURJPY tend to rise on H1 chart with the price is moving above pivot level today and the correction of yesterday's bearish. The bullish trend also supported by Stochastic and CCI respectively where it show the price rise to 47 and 8. So, technically this pair may rise to 126.000 or higher but NFP could stomp it.
  2. USDCAD cannot make much movement yesterday and only able to closed slightly. NFP tonight maybe become a biggest factor for short term movement later, and continouing the bearish trend. Technically now the price is oversold, and USDCAD has chance to rise temporarily to 1.36002 at most.
  3. On H1 chart, USDCHF is strengthening and the price is above pivot level also seems want to test resistance area. According to technical indicators, the bullish trend seems clear at Stochastic where it rises to 73 and CCI(14) to around level 80. On this condition USDCHF may rise to 0.99364
  4. AUDUSD on H4 just formed bearish engulfing pattern and the price is about to break its lower band and seems will close below of that. RSI(14) and Stochastic showing bearish line where RSI fall to around 38 and Stoch fall to around 10. The strong bearish bias is located at 0.70663
  5. GBPJPY today's opening is below pivot so it seems for few hours the bearish will dominate the market, also it seems this pair now trying to break the resistance level. Technically, this bearish sentiment supported by Stochastic and CCI(14) which down to lower level. If this pair can break the support it may fall down deeper 157.000
  6. On H4 chart, NZDUSD has strong potential to fall, supported by Stochastic and CCI which fall down to 14 and -100 respectively. Not to mention the price is keep moving on this week pivot make it more convincing. Still no potential news that could turn the round.
  7. USDCAD's bearish movement seems hampered by early sentiment of USD. This pair also corrected make it worse for CAD, but potentially the bearish potential still open. So the price still able to continue its downtrend. So far no fundamental news that may affect the price, plus i see that MA25 and MA100 already did crossover, only RSI is rising plus Stochastic movement near oversold area which support today's correction.
  8. Of course but it is not always the cases for some traders also if i must say most traders actually can earn less but the trade-off for that is actually less risk which is good thing, People already reached to the point where they can earn well but sooner be greedy, also this concept could lowering or even eliminate that things well.
  9. Technical will make you able to analyze the market with technical indicators or even with candlestick formation while fundamental analysis will focus itself with fundamental data such as news or even rumours that come up with trader's mind and database. So choose which is the better one for you.
  10. @aliforex: That is not a secret that is a clear thing and also logical one but people tend to forget or ignore it because they think patience is for someone who will lose the chance easily, but in fact patience will let us to think clearly and actually there's no such a secret to be successful in forex trading.
  11. It is important to certain extent, but as long as you have big capital i think you shouldn't worry about compounding, some people doesn't even think about it because with their capital they already earned big, they much more focusing to get ROI as fast as they can, while there are some who don't have much capital and want to earn big, do this thing because it is more effective yet efficient.
  12. If you want real earning i recommend $2500. The ratio to hold more losses is bigger especially if you only use up to 0.1 lot or you usually use 0.01 lot size. The more is better but i think that is as good or better start for traders, you can see significant earn if you earn well rather than lower than that also that much could hold a lot of losses before you collapsed.
  13. I think you are right, looking at webinar i can say it is one of the cost effective for many traders especially to the one who don't have much money to buy a private tutor, but please remind that not all of those webinar are worthy, some are still junk for some people especially if you already have a lot of experience in real account.
  14. But remember that you must be careful when you choose your manager, not all managers good enough for you and to make everything worse you can see many pamm manager go out there claim that they are the best but what? In few months your money is lost and you wil loss a lot of money from it.
  15. You said it is uncontrollable since there is no centralized government here and there. But now you said it is a good thing and has good management, which is true? or you changing your idea? Well BTC or other CC actually good but so far it is not really economical for forex i mean in that big scale also BTC still the biggest CC yet doesn't even compared to USD, EUR or even NZD's value.
  16. See isn't it? It is for all for someone who want to practice or for someone who want to do a testing to their strategy or expert advisor. I myself see people do that kind of thing is simply because they don't even know what is the purpose of demo account and create myth that demo account is just for newbie. In fact that is totally wrong.
  17. Idea? Of course you wil get idea of how use that robot, but remember if you use robot it doesn't mean you are trading and let someone trading not you is different thing, you will know less of how to trade by yourself it is just like you don't know what to do later since you don't do it by yourself, you don't gain experience just knowledge if you are using robot and maybe profits.
  18. If forex risk can be eliminated then i would be the first people who can try it, simply doesn't let your emotions overwhelm you doesn't mean forex risk will be eliminated fully, it will be always exist no matter what. Remember we are just small chunk of traders in this big business.
  19. I always see demo account as important stepping stone for a newcomer to be full-fledged trader, well it maybe a bit boring especially if you can show that in around 5-6 months a consecutive profit but it doesn't mean you are ready enough, sharpening your skills by put yourself in more trading and also analyze the data to make prediction. Thanks to its virtuality demo account is the suitable place for learn.
  20. Just LEAD to CONFUSION, I don't think 5 or even more indicators would help traders to achieve an accurate prediction of one trend. It is not really simple also one indicator could give the bull result while the other gives bearish result. What do you think you would do in this kind of situation?
  21. Mostly ECN brokers has lowest spread, STP is the highest above them all but still in reasonable amount especially after volatile situation. Aside from that Dealing Desk broker usually has lowest spread compared to the others but this is due to internal market it has. Yes, DD broker has its own market where a broker can control.
  22. Yes, its lower barrier which make is very easy to accepted by many people who want to make more money through business or something similiar(not as employee). Forex also integrated to internet more than stocks, since stock usually limited to one country while Forex is around the world. You can trade from anywhere without even need to be a citizen of one country or doing something before you can start to make an investment.
  23. Well, i think then it is clear that a trader shouldn't trade when they are mentally strained, their focus only to something which is not forex. I also doubt if someone who is mentally strained might devise some profitable strategy or have a good risk management on his/her sleeves.
  24. Overall USDCHF is bearish the price also trying to break MA100 and SMA20 several times, with SMA20 successfully broke and the price is now under SMA20 and MA100. Another thing is RSI fall to around 39 and Stochastic showing a bearish trend. This pair may fall deeper if there is no fundamental issue that brought price to higher level again. I think the lowest price is 0.98452
  25. EURJPY on H4 chart seems like will be in bullish, since bullish engulfing pattern formed few hours before accompanied by few bullish candle and also other technical indicators such as RSI, Stoch, and MACD showing a bullish signal, even the price is rising but still be careful that it may lead to overbought area sooner if the price is rise too fast.
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