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pepy

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Everything posted by pepy

  1. Hanging man doji indicated bearish but not really strong trend on H4 chart of GBPJPY this formation confirmed with MACD forming higher low, Stochastic fall to area around level 56, while RSI fall to exactly at level 66. This bearish bias may lead price to fall and break pivot at 139.70 while support is at 137.21.
  2. The price is hold by the sentiment at psychological level of 82.00 on 1 hour time frame of CADJPY, this also supported before by Doji which indicated sideways or neutral movement. But it seems today the trend may change because of this sideways, confirmed by Stoch and RSI which respectively rise to level 40 and 60 also MACD with higher high formation. Next resistance for this is around level 84.42 or if not 83.13 if still able to break it the 85.44 is the highest point to reach.
  3. 2 dojis seen on H1 chart of silver and it is precisely at pivot point(20.250). Other indicators indicated bearish with Stochastic (5,3,3) fall to level 64. RSI(14) fall to around level 50. Macd (12,26,9) without much resistance forms lower low. The bias is bearish with support in between 19.900 to 19.710 if can break it will fall depeer to 19.190 at most.
  4. Gold price turning around and and break the former pivot point at 1333 which now is resistance for this commodity, this also indicated before with bearish engulfing formation candle which formed on H4 chart and H1 chart. Other indicators indicated bearish sentiment where: Stochastic (5,3,3) fall to 55. RSI (14) fall to 37. Macd (12,26,9) forms lowers low. The bias for this pair is strong with the support for this bearish sentiment is at around 1320.
  5. Stochastic(5,3,3) seems fall to level around 24. RSI(14) fall to around area 36. Macd (12,26,9) without much resistance forms lowers low. Hanging man also found to be formed on pivot area at 0.98076 which become resistance now. So, on H1 chart of USDCHF i think the bias is bearish with nearest support located at 0.97632 if can break it then it may fall further.
  6. Gravestone doji formed on few previous candle on H4 chart of USDJPY which turn out to be the price is rising and trying to take over the psychological level at 106.00. Macd (12,26,9) forms higher high. RSI(14) ascend to level 71 and Stochastic (5,3,3) rise to level 62. Price's bias is bullish with the next target to psychological resistance at 107.00.
  7. Three inside down pattern formed for EURJPY on 15 minutes frame, the price is breaking middle band and expected to close below psychological level at 118.00. Stochastic keep fall to area 16 while RSI fall to around level 48, MACD on the other hand still has few resistance forming higher low. Bias overall is bearish and seem put the target on 116.84
  8. Yes it is feasible as monitors, but how about if you are a single investor trying to climbing up to make money from HYIP? I will wait for your own answer, as for me FX is the most suitable place for that much, if you want to act as reputable monitors in HYIP you need more than that, around $8000 or more. But in FX if you have more than $999, you could survive and earn better.
  9. Well trading is actually traditional work but it takes the early step to reform. You see that foreign exchange is exist during times of antiquity. Trader exchange money so they can buy goods from one country and sell it to their country. Since globalization people can see forex turn into more globalized trading by use the power of computer that connected. I still see forex way more better in most of aspect compared to traditional work.
  10. Wel;, i agree with myregister, even i know that forex forum will increase our knowledge and fill some gaps but it wouldn't be something that would increase your skill to trade in forex. You will not even see any slightest, but when you discuss something maybe there is difference, so the best way to improve your trading skills is by READ and PRACTICE, do both and you will see the difference.
  11. I don't see any corelation of your posts and this thread's discussion but well addiction is really a problem not just in foreign exchange but other businesses or other aspect of our life, i agree however with myregister, it is hard to know if someone's addicted, and i trade over and over again in forex or even showing my frustation when lose doesn't mean i am sort of addiction to forex, nope even i actually put half of 1/4 of my allowance in fx.
  12. But it doesn't mean you cannot be satisfy with yours, right? Being satisfied with our earning would help us. We can relaxed after trading and we don't push ourselves too hard, the good thing of this action is that you can trade with better psychology and it will lead to healthy trading, even you lose you can manage to reduce the risk of your lose.
  13. Backtesting is just another test to see if that broker si really good or just another trash and doesn't guarantee anything from our own side. One of the biggest downside from this robot is that we don't have much control, it will activated by its own by using its own pre-defined rules or the combination/hybrid forms of our rules with pre-defined rules.
  14. Well then treat it as commodity would be the smart movement, right? Some brokers even accept bitcoin as one of the payment, well this is not happening internationally but all i can say that BTC is the international currency, without any geographical limitation and some brokers which registered in less strict regulators such as CySEC accepted bitcoin with open arms.
  15. Well to be honest up now I still cannot believe that webmoney is taking the scene by accepted the regulation of FCA. As far as i know this is the only Russian based electronic currency which accepted by FCA, and with FCA's regulation the entry to EU is open wide just as what you said before.
  16. In Forex Neteller has some places but I don't really know in HYIP. It seems that Neteller also if want can be use in that place and gain some recognization or even compete directly with perfect money. As exchanger I think that is a good idea but it is not about competitive rate but the demand in my country is bigger for neteller balance which makes me want to do that if i have enough money.
  17. In HYIP and in foreign exchange too friend. See that there are a lot of brokers which accepted this payment processor, and the classic reason behind of this is simple, it is because perfect money is a free in sense of freedom, which means that it has less verification and so on also it is not like other big payment processors which need big fees.
  18. That is good keep doing that let me tell you spend your time in demo account wouldn't bring you more misfortune in fact that is one of the best exrcise to avoid much more losses in real account, if you spend enough time i can see that your analysis skill will improve greatly and also how to react against the market so in this case something wrong your account wouldn't be annihilated.
  19. Well it seems there are other trading platform and so far this ninjatrader is not really popular platfr, but could be good for someone who prefer alternative platform when trade. MT4 or MT5 are different i prefer MT4 now but MT5 is the real update, if only metaquote doesn't make a mess in the early creation of MT5 by support backwards ability, overall MT5 > MT4.
  20. RSI is not leader in sense it is best or the most accurate, it is other term. What i want to say here is this RSI indicator is one of the most profitable indicators people use it because it has more variations and not just that RSI would give broader range for people to trade, also this is a time proven technical indicators, so people overall trust it in most of their trading.
  21. You mean they should have preparation when invest here , right? In this case then of course implement something like this would take sometime to finish. First of all is demo account always use demo account to grab much more experience. Keep trading there until you familiar with forex and focus on making money later and make sure don't to push yourselves too hard.
  22. It doesn't have to in fact there are a lot of things you can learn more about foreign exchange in website rather than put yourself in university courses where it takes around 6 months - 1 year. But once again it is the option for trader to choose which one they want to choose, offered or not will bring some impact even i am sure people will still use free and reliable source
  23. Well using that kind of logic and i must follow it then that is better than do extorting someone, but still they paid less i mean tax remember this is money launderind usually gangster or mafia use their extortion money in forex, so basically they still keep doing something like that to gain more bucks while trying to build their own empire, i hope each country could battle this kind of money laundering without put more weight to citizen.
  24. If the condition allow me, or when i see there is high impact news which happening everyday, to be honest i only encounter this once not more, nowdays i find it is hard to get where in one week you can find news which is totally like the requirements you need and has high impact but that is a very rare condition, i usually trade 4 days at most, but once again with the condition which allow me to trade.
  25. Well it is true that we must be careful and keep learning also trying to keep our eyes open to see what kind of thing we do. As for risk management, i think it is common thing nowadays and i'm sure every single newbie out there already know about this one also there are a lot of people who want to get more bucks faster with more sacrifice.
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