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pepy

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Everything posted by pepy

  1. Not versatile but well-proven. Forex breakout is really awesome tool which people have and able to predict many trend accurately even in few cases you will find that is not always true. Why it is profitable? Because it is an accurate and accurately predict the behavior of player in the market, and not just predict it also able to influence it.
  2. All depend on the circumstances, it seems that people are trying to choose which is more suitable for them, but if you want more profit choose both and depend on the circumstances. If the circumstances allow then look for long term if not then choose short term. No matter how small or big your profit as long as you make profit you'll be fine.
  3. The access to the market is open for VPS which means like you said we can maximize the usability of foreign exchange, we can make it trade for 24 hours without stop and the more data you get from the market the more you able to predict and make decision on the market.
  4. @myregister:Yes, everyone wants to get profit and that's what happen to me. But to innovate in forex you sometimes must forget about your trading's rules, but well the core of it still important like risk management. If we back to the topic the mistake you will find either be greedy, don't have enough experience, and make a wrong analysis which even Soros seldom face.
  5. You mean that is because of the initial investment? Then if that is the case i am totally agree with you with forex you need relatively smaller amount of bucks to start but to reach the top is somehow hard and not all people can do that. I don't know if that 90% people lose statement still true but i find out that most people still suffer, Most of them are retail traders, and in forex the biggest pool is under banks or if not a trading focused companies/
  6. Not all but yes that is the biggest assets we have, in demo account we can trade without any worry and this is very suitable for new traders, imagine they can trade without worries without practicing. The result i am sure would be awesome, people can learn in relatively faster way and they can learn better.
  7. It is a good things too, maybe it is not 100% emulate what you feel in real account but there is some sense of it. Not to mention your challenge here is to make much money or profits. The good thing is that you also indirectly learn how to control your money so you won't suffer much but able to gain bigger profits.
  8. Because computer is bigger and have better resolution screen? If that is the case i must agree with you but about the indicator LOL. The platform we use in Mobile and PC are the same the only difference just the screen and the Operating System we use. In PC , most of us use Windows while in Smartphone, there are 2 dominant OS which is iOS and Android above that all, everything is the same except for the screen.
  9. See? That is right and i think forex is affecting people live up to now, to be good or to be bad. Forex also make people more aware to the current situation of the market and how to deal with it. For me, it is mostly positive but i also felt that few times where i desperate and want to leave forex as fast as i can, since i can't bear much losses.
  10. Logically since they don't have capital then they have smaller capital since they are starting with relatively smaller capital which means too low for people who want to have better earning in foreign exchange, you see that mostly traders who trade in forex who are still new has smaller capital to start. It is not easy to find new traders who have such big capital to start.
  11. But forex has bigger profit rather than that kind of job, i know that most of people in this world want that but hey, that is one of the most stable job where people can work and they even get nice income. You also forget that forex beside risky it also has bigger profit, you also forget that a trader can make forex stable enough for them.
  12. pepy

    Forex AI

    Who's gonna trust AI so much? If i have millions of dollar i will only give up to 25% of my money to EA. EA shouldn't be trusted 100% but you shouldn't mistrust it too. One thing that AI better than human is emotion, they able to trade without any emotions, there is no emotional bias on them.
  13. You have points, it is really nice for them to get "free money" from investors without need to spend money from their pocket even actually i think remuneration mostly will give investor more profit but this is understandable since the one whose money pamm manager manage? Of course investors's money, so they get more
  14. Well thanks for the information but he is stock man not forex man. If you want to give some example maybe you can try for Soros . I personally think that we should able to separate emotions from trading since there are bigger chance we cannot control our emotions and the worst our account could be lost because of that.
  15. That is not excuse that is fact and what really happens in forex. I know forex turnover is falling now but it it still big enough compared to stock and remember forex is a global thingy, so all people can participate as long as their account is accepted by broker and allowed by their government.
  16. Same here just look at my previous posts, So we are in agreement right? Swing trading is popular because you will see that most of traders who are successful when use this technique show big amount of money they get and this is make sense since the period for each open position usually last for few days.
  17. Sure everyone is welcome to this business but the result usually cruel, some people start to realize that forex is too hard for them and not suitable. Some even start to think forex as gambling or even hate forex itself. This question is great, saying is forex for me wil give us some enlightment? One thing that i know is that forex is good depend on the person who want to trade with it.
  18. Sure everyone is welcome to this business but the result usually cruel, some people start to realize that forex is too hard for them and not suitable. Some even start to think forex as gambling or even hate forex itself. This question is great, saying is forex for me wil give us some enlightment.
  19. To make living with forex it is easy to know that someone need to have stable source of income. If forex itself unstable how can you make it stable. So far i see people who rely on forex has bigger income even still volatile rather than the other offline workers. Usually they make it twice more than what many workers can get and they settle with it.
  20. Head shoulder pattern seen in the pair USDCAD on 30 minutes time frame and the price fell closed below the middle band. In this case, RSI (14) fall down to around level 50, Stochastic (5,3,3) down to level 57 or maybe lower while Macd (12,26,9) formed higher low. The bias is bearish but not so strong with support level at 1.31009.
  21. Doji spotted and formed on H1 chart of NZDUSD pair which is then followed by a bearish engulfing candlestick pattern. RSI (14) down to around level 54, Stochastic (5,3,3) fall down to around level 24 and Macd (12,26,9) forms higher lows formation. Bias is potentially bearish with the price will fall towards psychological support at 0.71002.
  22. On 30 minutes frame two doji followed by a bearish engulfing candlestick pattern formed on the EURGBP pair. Other indicators show bearish sentiment, RSI (14) down to around level 58. Stochastic (5,3,3) fall down to around level 65 and Macd (12,26,9) forms higher lows. Price bias is strong bearish with support at 0.84503.
  23. EURUSD seems rise through the middle band and closed exactly above the middle band on H1 chart. For me that is bullish signal will come over. RSI (14) also is rising up to level 50 while Stochastic (5,3,3) up to level 46 and Macd (12,26,9) formed higher high. I predict this pair may rise so BUY is the feasible choice here.
  24. Bullish engulfing formation spotted on daily frame of CADJPY which showing the bullish sentiment daily. Combined with RSI (14) which up to level 41, Stochastic (5,3,3) up to level 54, but MACD (12,26,9) just formed lowers high then bias for this pair is bullish and may penetrate the middle band towards resistance at 78.252.
  25. According to the H1 frame of EURCHF the price is above pivot line and the bearish engulfing pattern followed by few bear candle. Signal indicator such as RSI (14) observed to fall at level 52. While the stochastic indicator (5,3,3) fall down to level 52. Predictions for the moment, the pair got bearish sentiment.
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