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pepy

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Everything posted by pepy

  1. pepy
    No matter what we put on that words myregister, everything will be back to practice and our willingness to make profit, no matter what. Your effort also won't bertray you and this is why if you keep practice with the same and suitable strategy with you consistency when make profit is viable thing to do.
  2. pepy
    I do agree with you It is clear that many traders end result based on their skills include of how they manage the risk. But having bonus deposit or free money could help to extent our capital, so it could hold more negative floating position. For who have bigger capital maybe this is not a big deal but for small traders they should be think about this.
  3. pepy
    EURCHF pair seems not under much pressure and the price is tend to form sideways trend, the price seems cannot break the price limitation which has been set by buyer and seller. At this moment it is better to wait and see for the price to break either resistance or support at 1.09646 or 1.09360
  4. pepy
    Well, on H1 chart it seems that Silver under strong bullish presence and formed bullish engulfing pattern and break upper band indicate that Silver will rise further. Combined with RSI(14) and Stoch that rise respectively to 71 and 93 then the it seems Silver may toch 15.600 and potentially reach 15.700.
  5. pepy
    Candlestick formed a bearish engulfing pattern on H4 chart and pass psychological level at 1.31000, the price also corrected to 1.31302 but bias of this pair is still sharp bearish with RSI(14) fall to around 33 and stochastic fall to 7. With this the next bias is support level at around 1.30856 and if can break it will fall further up to 1.30002.
  6. pepy
    Just like the other major paid NZD is also strengthening against USD after FOMC announcement, also MA100 still move above and rise to around resistance level trying to test it, this morning the movement seems continue and it seems will try to break resistance at 0.68512.
  7. pepy
    EURJPY on H1 chart seems under bullish sentiment, with RSI(14) showing a bullish trend plus KDJ just formed bullish crossover, also the price is moving above MA25 and MA100. At this moment, the price may rise up to 126.64 as the highest point and resistance level. If cannot break 126.64 may fall again to 126.31
  8. pepy
    H1 chart, AUD yesterday rebounded against Dollar on major pair. This morning, the price is trying to continue strengthening against and testing resistance level at 0.75582. If the current prices can be maintained , the bullish trend could go on and it may lead to higher level and it is possible to break resistance.
  9. pepy
    On H1 chart, it is clear that EURGBP start to bounce at support at 0.77375 and later, the price is strengthening at 0.78398 and seems want to break that resistance level, so it seems that the chance for this pair to rise is open. But 0.78398 is quite strong so it may cannot reach for this day.
  10. pepy
    Even if you don't lack of trading you still need to practice to sharpen your skills and of course increase more of your knowledge that you might not get from other kind of sources you have so far. It is better to know that less in forex means not more but security, if you lose you will lose in small amount, you win well the prize is lower but still a bit safer than trying to after bigger profit but end big at last.
  11. pepy
    But i think you don't answer the question why some pairs moves so slow compared to the others You just stated the fact. If you know lack of liquidity also let the price to soar further and more volatile then high liquidity especially when two sides keep pulling the price and make a zig zag movement.
  12. pepy
    It could be the source and up to the trader if they want to take it as their main source for income, this is understandable if there are a lot of people who want to earn from forex, i also want but this is not an easy task, you may suffer big loss first before you can earn steadily and gain better life from it, according to me you must have a mental as hard as unobtanium to survive and make is as your source of income.
  13. pepy
    I know hard-working will get more value rather than those lazy man, but this is forex it must be effective yet efficient. If you trade and earn less in fact you won't earn much and it take your time your precious life a lot. To prosper you must apply what we called as smart working, apply those thing would help traders to not just spend less energy as less as possible but still obtain greater profit.
  14. pepy
    Well text based still fine because no matter what the final key is practicing, some traders don't like practicing because they think they are chosen one, but there are others who think practicing is good before start to earn, this is why we find a lot of traders try to trade in demo account for around 10 months or even more even up to 1 year. So i can conluded it that best type of education for traders is a material to learn the basic and knowledge.
  15. pepy
    Yeah, because of that many traders will choose major pairs rather than exotic pairs, also people overall will try to make money not become a market maker, for most of forex trader which is a speculator then Major pair is the most feasible option for traders than exotic pair.
  16. pepy
    In the end scalping is lovable for novice trader because it is easy to implemented and let me tell you that this strategy actually work for some people, as long as you have good and low latency internet connection you may grab around 30-100 pips per news as long as you can open and close faster and do that repeatedly
  17. pepy
    Fear is psychological trait for human and that is inherent. The problem is that many trader actually realized that fear could drive them to the good thing or bad thing. They may cannot reach their potential position because of fear, while some cut their position right before losing more, in the end this is complex thing , our source of fear as trader is the fear of losing more than we can afford, even just lose is a hateful thing.
  18. pepy
    Of course, once you make a wrong lock, you may ended up losing more and the worst when you unlock one position and hope to get more profit but instead more losses then you should say goodbye to your account where you lose a lot of money for it. But we can practice to hedge in demo account isn't it? At least for sharpening our skills.
  19. pepy
    I also agree if we put that way, money management is important since it is what decides trader whether they will be survive or insted lose more bucks on the way. And this thing is also important so the trader can act carefully especially when use their capital thus lowering the chance to lose
  20. pepy
    But can you make profit from forex? Can you give me profit with that much you can at least earn with 4 digits dollars? I want to know how much people who can take an advantage of that big forex turnover and so on. Well i don't want to antagonize forex i still do it as my main job to earn money but people need to realize this business sometimes doesn't like what into our own mind.
  21. pepy
    Scalping is popular also because that is give a promise that trader earn as much as daily traders but in relatively shorter time. I don't care which is more popular now, but this swing requires more analysis since you analyze the market in long term and of course you want to decide if the price is rise and fall in relatively short or long term will need more efforts and it may lead to more losses.
  22. pepy
    Candlestick on H1 chart formed engulfing bullish pattern and this confirmed by bullish sentiment that easily seen on H1 chart. RSI and Stochastic also respectively showing bullish sentiment with RSI rise to 48 and Stochastic rise to 58. The next target could be at uppper bad which located at 1.00102.
  23. pepy
    The trend is overwhelmingly bullish since morning the price opened above pivot also EMA25 and MA100. But the challenge coming up with resistance level at 164.00 if the price able to break it then GJ may rise further but if failed there are bigger possibility for GJ to fall again.
  24. pepy
    EURGBP today wants to rise above 0.77598 again, but right now it seems cannot break it but if this attempt successfully before Europe Session, the price will surely rise above even up to around 0.77605 and it means bullish sentiment through EU session. But if still stalled there sideways probably occur.
  25. pepy
    H1 chart saw that AUDUSD is moving above EMA20 right now, and also above MA100 and so do above pivot level. In the other hand indicators like Stoch and RSI is showing similiar sentiment,with both respectively rise to 100 and 66. At this rate the price may break 0.75972 sooner, and may rise higher if there is no new that could drive sentiment.
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