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pepy

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Everything posted by pepy

  1. On H1 chart, the candle of AUDUSD formed a bearish engulfing pattern followed by one bearish candle,it is a strong indication this pair's bullish sentiment. Not just that RSI(14) and Stochastic also showing a bearish indication. The next resistance is at 0.72000. If the price could break it then it may fall deeper to the next support level.
  2. EURCHF seems is on rebound but MA100 is quite strong and hold the price at the bay. It seems that MA slope looks flat so there is a possibility that this pair may enter sideways phase right now, but it seems that Stochastic showing near oversold zone so maybe the price will rise after entering sideway phase.
  3. H4 chart. EURGBP price seems stable but nearly to reach its saturation as indicated by RSI which showing small bearish movement and so do Stoch. Not to mention there was bearish engulfing pattern which means the price may fall deeper than we ever imagine, but my prediction it could fall to psychological level at 0.79002 or even lower, but before that the price may has another resistance at 0.78544.
  4. The price opening is above pivot level and showing indication to rise is a good thing for NZDUSD. On h1 chart it is clear that overall bullish dominate the market, the same trend supported by Stoch, CCI and the price is moving above MA100 too, i predict it seems the price will rise higher and touch resistance at 0.68514 in few days later.
  5. USDCAD on H1 chart, tend to falling down the price is below pivot and has potential to fall deeper up to support at 1.36836 which is the resistance to fall at deeper level. The potential is bearish supported by MA100 and MA20 crossover but it may not for long, because Stochastic is moving near oversold zone, and CCI is rising.
  6. On H1 chart, GBPJPY tend to strengthening and the price is above pivot level now, it seems the prie is trying to test the resistance level. According to techincal indicators, the bullish trend dominate the market, and it is supported by Stochastic, CCI, and also MA100. The prediction is GBPJPY may rise up to around 159.95
  7. I just peek into this payment processor's news and find out something different is they offered tokenized payments and split payments. And what are these two? Tokenized Payments are for online sellers who want the same flexibility provided by Advanced Integration without exposing the payment details in the HTML form. So it is like someone who want more security or private things on their message. And Split Payments allows you to distribute the amount received in a purchase to multiple recipients, so you can pay items from multiple merchants at the same time. It is good for marketplace where there are a lot of sellers and buyers tend to buy from those different sellers.
  8. You know i know about that fact and also feel that they should do diversification at least it would increase their portofolio and in the end they would reap much more profit especially with forex become one of the largest business around. One thing that i want to know is Skrill really stable and i don't have much woriness to use it.
  9. Human wisdom doesn't make you able to get profit. Well in fact a robot that created by human must be use human's strategy, so far there is no self-aware A.I and as far as i know robot that exist right now use technical analysis with technical indicators like Moving Average or Stochastic and so on.
  10. Short term traders prefer a short trading and just need small pips as far as i can see short term traders tend to target around 1-99 pips, but there could be more still that is rare to find short traders for big profit. As for long term traders usually they trade weekly or even monthly, their target for sure isn't small it is usually more than 100 pips up to thousand pips.
  11. Jeez, i wonder if someone want to do that? For the sake of god, we should trade first in demo account gain experience before we can start to switch to real account and start to get money, also even with that way there isn't any guarantee you may make more profit in relatively shorter time, there are still many obstacles in forex and also its uncertainity which killing me.
  12. Usually i trade on overlapping session between New York and London or Frankfurt session. Since mostly i traded with using US economic data as my indicator, in certain cases i also trade in Sydney Session or NZ session but that is only once or twice in a month. I rarely trade in Tokyo Session.
  13. If you use another broker services that is fine but actually there are a lot of non-brokers site out there that share their prediction and economic calendar, also its accuracy is quite high up to 75% and as low as 60%. I am still stick with fundamental analysis since it is easy to do and pretty accurate, but it is not a perfect system.
  14. You said it, that is right MQL5 isn't the only one that support OOP now and it seems that business also doesn't want to move to the newest technology like MT5 because of its stability issues but it has been addressed, i see that in foreseeable future, MT4 still worthy for use and many of it still intact, as long as it still just works.
  15. Usually a broker that limit someone to do scalping is a bucketshop broker, i would suggest to never trust them anymore. That kind of broker only for someone who have very small capital but earning wouldn't be so big. If you have around thousand dollars you should look for the other brokers that suitable for you and won't limit for scalping, for example Interactive Brokers or FXCM.
  16. LOL, money management and stop loss is connected to each other. I mean SL is the part of MM, if your MM is good usually you spend only as much as 5% of your total capital. It is a different thing but if you really into money management you should know that stop loss is just the part to control your loss which means you also already manage your risk/money.
  17. Easiest doesn't make it easy thing to do, knowledge is easier but you still need to keep that in your mind which is quite hard, and to make it permanent you need experience, with keep trading in real or demo account you gain experience, but this will take some time.
  18. There is no such unlimited earning online without any hard work, even you work so hard your earning will be limited. Forex popular because of low barrier, imagine with small bucks you can start invest and make money, compare it to stock you need twice or even thrice more than what you need when want to invest in forex.
  19. You forget few things First, choose the broker which highly regulated and the second take a look at broker whose offer reputable payment processor and not payment processor which have some problem in past or doesn't regulated. I agree with fourth point, it is a good to choose STP/ECN/DMA broker than dealing desk broker.
  20. But adaptation will takes more of our time, you cannot simply adapt in less than one day isn't it? I still on my stance, we cannot mix nor controlling it which actually mixing it inside. Emotions are bad things if traders don't know what to do with it. As long as someone can separate it then trading would be safier than ever.
  21. It should be safe as long as the broker is regulated and not just regulated but the regulator must be a strong and well-known regulator, if not there should be a ton of questions you should ask first, just to make sure that they may compensate if something bad happening. So far my money in broker which i am using is quite stable.
  22. That is good but how do we know that comparison has real time data about one or two broker? For example, spreads comparison? If they have it that is not a big deal but how about if that isn't real time data? It would be so hard. In fact if the real data which comparison site use is real it would be so much helpful but mostly don't have it.
  23. Actually it is not just from spreads, but yes mostly brokers earn money from spreads since this is the most effective yet efficient way for broker to reap money from their clients, if your broker earn from spreads they would love to see you always in profit. So it means more trading for them which means more profits.
  24. Because we get more knowledge, we get better skills which sharpened throughout our timeline. Well, this is normal to think that we will be better, as far as i know most of traders(if not, all) that still trade because has its own motivation and for sure will get more and more experience, but my very great experience are 2. First, made my biggest profit in a week and lose consecutively that led to margin call.
  25. Yes, but demo account doesn't teach you anything, it is a virtual place to be exact an experimental place where you all can trade without much worry inside of your own mind. It's a perfect place for practicing, but the place where you get a teaching about forex is in blog, forums, or other places that shares the knowledge through its own media.
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