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pepy
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Everything posted by pepy
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That is a great answer but dude, some people prefer one or two currency because that is in fact a major currency pair which has more power to traders. With greater power trader able to get some opportunity from it, the liquidity is that power which i am said before. The more liquid the pair the more it is able to move better.
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Bonus is just additional capital to you, i advise to take it as long as there is not hidden fees behind or hidden rules where you should do something and cannot do and bla bla bla. That sometimes happened with free bonus account but that is another story, what i want to say here is that bonus without any hidden fees is good and it sometimes needed by most of the traders.
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What should a newbie do for earning from Forex Trading?
pepy replied to unikings34's topic in Forex General Discussion
Programmers in this case i think is not a trader they may have some knowledge of how analytical process work but they are mostly not traders or has very few experience with it. A newbie to earn they should have capitals, yes this is first important step, to have capital you must work for it, there is no shortcut, after you have capital then you can expand yours. -
How to become a successful trader as soon as possible?
pepy replied to TekiJIa's topic in Forex General Discussion
As soon as possible, well this is not really okay to have that kind of thought, i know you all want to be successful as fast as you can but forex is also aside from profit is all about process, if you want to earn big make sure that process will give you more power to success, not just instant profit which may crumble in few months or years. -
Without doubt it is still demo trading for training purpose and in fact it is as important as real account for some people. In real account we also can train but the cost for doing that is pretty much big and not really worthy. Demo account is good for that rather than real account.
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That is good but it is okay to bound with just several certain ways. Some people prefer to do technical analysis over fundamental analysis and vice versa or in this case of technical analysis prefer for example fibonacci rather than MACD for example. Open mind is fine but if you find the way that gives you more than enough , i think stick with it for a while is not a big problem.
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What’s your hidden reason for becoming a trader?
pepy replied to analyst75's topic in Forex Articles
FIrst of all i want to know why there should be hidden reason for someone to be a forex trader? I don't see any reason why there should be like that, in fact it is clear that people want to be a forex trader because they are pursuing the profit, that's all nothing more. -
It still cause the loss, well not every time you trade but that is the fact man. It is simple, have you ever seen the market seems like playing with you? You trade for a while and the market rise with its price but suddenly few minutes later the price slowly fall towards you SL. This is happening to me few times.
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AUDCHF on 30M chart showed us a candlestick three inside pattern where the price is actually under bearish sentiment and it may fall deeper. RSI(14) and Stochastic (5,3,3) both observed to fall down towards level 58 and level 43 respectively. Bias is totally bearish and targetting the low are at 0.7670
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2 dojis indentified on 1 hour time frame chart, CADJPY right now indicated as bullish pair due to this sentiment, not just that after that doji, the price able to break the upper band and closed above. RSI(14) observed to be bullish with rise to level 64, while MACD formed higher high, not to mention Stochastic which rise to around level 73. Price's bias is bullish with psychological resistance at 88.00.
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Gold in this chart seems to be fine enough, the trend is clear especially with bearish engulfing pattern which break the pivot down and the price closed below too. RSI and Stochastic both fall down towards level 40 and level 37 respectively. MACD formed lower low, and Parabolic SAR is moving above the candle. So, the prediction is bearish with the support at 1219.11
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GBPJPY on H1 chart formed a bearish engulfing pattern which successfully break the lower band, RSI and Stochastic observed both fall down to level 49 and level 25 respectively , while MACD formed lower low position. Only Parabolic SAR which still under test. If able to break it will fall deeper up to 141.20 which is the next support.
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3 Rising pattern formed on h1 chart, this means that EURCHF is pretty much bullish, and not just that it also able to closed above the bullish channel, means it break it out. RSI, Stochastic,MACD, and Parabolic SAR are also bullish, by the current condition i see this pair may be bullish in few hours later and will rise to test the resistance at 1.0690
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Based on 1 hour time frame chart USDCHF successfully rise and break the bearish channel after successfully test the upper band. Right now the price is testing another psychological resistance at 1.0100. By this point, i think it will be still bullish and able to break that psychological resistance since this bullish supported by all leading indicators. So, my prediction is bullish with the target at 1.0150
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Bearish engulfing pattern seems to be spotted on silver's 30M chart which at the same time also successfully break the lower band and closed below. RSI(14) seems to descend around level 36, Stochastic (5,3,3) descend to level 32, MACD(12,26,9) formed a lower low position. Bias for this pair is bearish with the next target is at 17.0000
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USDJPY on 30M chart seems to formed an evening doji star which indicated there will be reversal especially after pivot line rejection which comes after. RSI and Stochastic in this chart seems fall to lower level, leaving only MACD which rise slightly. Parabolic SAR is moving above the candle indicated the bearish signal. So overall bias is bearish and target is at 114.20
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Based on 30 minutes chart of EURJPY, bearish candlestick formed and successfully broke the lower band channel and closed below. By the current condition this pair has bigger potency to fall deeper towards the next support especially with leading indicators such as RSI and Stochastic both fall down. For me the next target is at 120.20
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Can no deposit free money help you achieve success on forex ?
pepy replied to kaito kid's topic in Forex Newbies
This is actually possible considering that many people able to do that, well not as much as someone who start with their own money from pocket. This way is actually slower than use your own money. Because the capital you have with free money is smaller than you can expect, and usually it has lots of unreasonable rules. -
Why do you think people are scared of investing in forex?
pepy replied to Levie's topic in Forex Newbies
Many people scared of investing in forex knowing that they won't get any good result from it and this is understandable since we know that foreign exchange is a risky business but above that all we should know that forex also could be a reliable business as long as we able to maintain the profit to its top by reduce the risk as much as we can. -
Relgrid? PTSU offer? Well this site more like the other site which combined PTC and PTSU right now, and becoming more hybrid as the time goes on. But moving that aside relbux also still new so the chance to pay is quite big and i think this site is worthy enough even though it doesn't have any SSL protection but script is licensed one.
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It's good this site have SSL protection and legitimate script. Moving from that thing, i can see that more than 1200 members has been joined and quite active here too. Some people get paid but only few which posted the payment proofs. Overall if i must give the rate i will give 7/10 for this site, and it seems will have quite long paid duration.
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You don't have to join if you want but i can say that if you love PTC you must, the rate is pretty good and it has lots of ads to click but with lower rate. My only problem with this site is actually the minimum payout. Sadly, the minimum payout rate is too high, and as standard members forget to earn here, it will take ages.
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Another typical site and also has quite low minim payout, the template is pretty much attractive i think it will gain some members to join and click the whole ads, so far i don't see any payment proofs yet because maybe this one is pretty much new, but i see a good potential for few months later, but for 8-10 months i think it is better to stay away from this site.
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Just another typical hybrid site that you will see in your life, the rate is pretty much standard for typical bux users and it depend on the stability first sine admin will try to combine more than one type of ads, see that 4 fixed ads which give 1 cent rate while there are bunch of 0.1 or lower ads rate
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If you are a big traders who have big amount of capital and can divide your capital into different segments and have power to buy some serious expert advisor i suggest you to open a VPS account with that robot. I think VPS is good for a good robot because since we can activate it for 24 hours without stop.