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pepy
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Everything posted by pepy
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I personally don't trade daily during business days but if the condition allow me i will take that for sure. Usually this kind of trader is scalpers, they tend to spend less time to trade but it is more frequent rather than what we do. So to conclude my opinion here is that trade in 5 business days without any rest all depend on your skill and your trading technique.
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Why do we prefer the forex for the stock market
pepy replied to rockstar's topic in Forex General Discussion
You still have chance to earn money through trade from stock, it is possible only in stock the movement is slower due to lower amount of speculations and of course liquidity on the market. Some people prefer stock over fx because foreign exchange is faster in terms of price's movements and lacks of second stream income eg: dividen in stock. -
Do you participate on demo contest?
pepy replied to Ronnie Irani's topic in Forex General Discussion
First demo contest is a contest there is a sense of rivalry here, i think it somehow may motivate person to do more but for me training is not matter where is located, training train our reflexes and our own mind to be able to cope with forex sudden change thus eliminate any unecessary loss in future. -
That is right and i assume that people also get something from this business if they have more knowledge to depend on, but knowledge must be obtained first and it requires efforts to be in that state. So to say it is easy as like lifting finger then fx is not easy at all, since it requires extra efforst to understand it.
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Hm, but i think compared to the other kind of job like physical related jobs then i can say forex is less hard work but mentally fx is really extort your mind to certain extent and of course it will be look like a tiring job, as long as you earn more it will compensate you.
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MetaTrader 4 vs MetaTrader 5, which one you choose?
pepy replied to myregister's topic in Forex General Discussion
Yes it is much more stable than MT5 but MT5 is getting better. However most of the brokers still use MT4 as their platform which maybe because MT4 just works and basically MT4 is having less bug. A note for remainder MT5 is more thn 5 years old already and stil not as wide as MT4. -
Hm, this is not something which you always heard, some people keep it secret but dealing desk or to be precise bucket shop brokers do that they claim to be non dealing but is not. Fixed spread account only offered in dealing desk, i've never see true non dealing desk which has fixed spread account moreover zero spread one.
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Technical or Fundamental that you like more?
pepy replied to andry777's topic in Forex General Discussion
Technical analysis is not a bad analysis at all, fundamental analysis still is the best analysis for me and i think the most accurate but by combine both of those analysis would yield more return later. Technical analysis is good for determine when it comes to open a position. -
What the type of Deposit / Withdrawal that you like?
pepy replied to uncle gober's topic in Forex General Discussion
@pandabox: As far as i know a payment processor like Skrill is a trustable payment processor you can depend on. Not just in your broker but also in the other broker's payment system which accepted SKrill as payment processor, also Skrill is well -regulated by FCA which make it better. -
Today's analysis on H1 chart indicated that AUDUSD still move fluctuative with bullish as dominant sentiment, EM50 still catch the tendency for the price with bearish trend is not over. There is probability that the price may try to test the Previous lower level and if able to create a new lower level the price may landed to the lower level.
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With the price closed back below MA100 right now GBPJPY open its chance to continue the bearish movement which started yesterday. Not just MA100 but MACD also indicated the same trend only KDJ which a bit different. The price predicted to fall to level 157.55 up to 157.10
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Today on H1 chart it seems USDCHF corrected and still cannot break EM50, the price also consolidating at this level with tendency to be bullish with all the candle formation it formed. If price break EM50, combined with MACD and Stochastic the price will go towards 0.99502
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Silver still pressed by the bearish sentiment and is moving closer to current MA100 on the cloud trend. The price seems to test MA100 first and looking the way to break it so the price fall deeper. If rejection is the case then silver will turn the table and rising further.
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EURJPY's price on H1 chart turn around after successfully touch swing cloud yesterday, so the price's tendency to go down still able to continue for a while. Today, it is predicted that the price will continue that bearish movement as other indicators such as KDJ and MACD indicated the target is at 122.00
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EURCHF corrected yesterday but didn't change the overall trend for this pair which is bullish. Today the bulish movement seems will continue since RSI also showing the signal for that, and MA100 already broken with the price is moving above pivot level on this H1 chart.
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There is bearish movement in Tokyo Session but the price seems will rise back. EG predicted to rise back to 0.77956 today and still continue its bullish movement since it indicated RSI and KDJ just out from oversold and bearish sentiment yesterdy is most because of correction of the price which jumped before.
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USDCAD able to pass MA100 and right now move above of that line plus it is above pivot too indicated which bullish tendency still continue and could brough the price to resistance level at 1.32956. This strong trend is the same with other indicators except RSI with falling to level 45.
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NZDUSD has been fall down deep in Tokyo Session and it turns out the price is trying to keep the falling potency since bearish sentiment is quite strong and technically KDJ also is on lower level after forming bearish crossover on upper level, This bias could led the price fall further to 0.66852.
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SMA10 cut down SMA20 on H4 frame where USDJPY is the pair. Three inside down pattern which formed also break the lower band successfully and closed below. MACD is at higher lower while Stoch at level 11. There is strong bearish sentiment and it may reach its limit at around 118.00 which become the first suppor level on H4 today.
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@bolthuskin: Wel it is the truth and in fact something like that won't ever exist, if that is exist peoploe all over the wolrd would be fight to death to get that "holy grail". But we need a good education of forex to understand about this holy grail so next generation could avoid it.
- 65 replies
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- forex misconception
- top forex miconception
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Actually if you observe it closer thgen some expert advisor could adapt with the trend changing, but honestly if your robot is good enough it won't open a single position until the time is lcear, also with a capable programmer a predefined technique or strategy maybe become the key to achieve your success in forex.
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If you have uch time then you can do that, ithink the quest for searching the best pamm is relatively easy rather than to put our hand on forex trading which may lead to more loss due to our incompetence. PAMM as few posters here said is best for HYIP alternative and actually a lot of transparant
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That is acceptable since i am totally agree with the way we feel and think with automated trading. It will give us the feeling of relaxed trading, we don't have to worry so much about our trading but still we get less not zero experience especially after you study your forex robot after each trading(including closed and open positions).
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Forex forum Do you think forex forums can improve my trading skills?
pepy replied to flybiz08's topic in Forex Newbies
Based on my own opinion forex forums won't make you as better trader at least directly, if you want to become a better trader learn the right material and start to do practice. Iwht that you gain experience that will hold your accountability in a very good way, read and then practice not just by read, remember this one.- 456 replies
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- importances
- added advantage
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What Are Exotic Currencies and How Can You Invest in Them?
pepy replied to David_Warner's topic in Forex General Discussion
Exotic currency is exotic currency isn't it? I mean it is a currency like IDR, MNX, or Yuan. If for example IDR/MNX then it is n exotic pairs because those two currency is not popular to the others and has relatively low liquidity compared to the other pair such as EURUSD or even minor pair like GBPJPY,