onyx

GBPUSD is making uptrend move at the moment if you look at 4 hour chart. Indicator MACD is also above center line so a good chance is there the pair will move upward and a buy position can bring some pips.  

When we choose a regulated broker our money becomes safe with them .As I am doing trading with Mayzus since many years . I face no problems in funding or withdrawals. They had  secure payment methods . More advantage is their fair trading services , all transactions are on time .  Fast execution with no dealing desk is also a good thing they offer.

I am working with regulated and trusted broker. Mayzus broker is regulated by CySEC . I am sure people who are clients of Mayzus are satisfied with their services. They had secure payment methods and safety of funds. One can get rebate upto $4 per traded lot. 24/5 multilingual support department is there to help clients.

You say nice that at least 6 months demo trading is needed for practice in trading . Just 1 or 2 months are not enough it will not give you good experience of trading . After 6 months too you have to be careful in live trading. You may not same performance in real trading as you were doing in demo due to many reasons.

Nice applications given by Liteforex, it include all major pairs that most of the people trade in forex market. Mobile trading is easy to access every where so now people can use liteforex with mobile applications with analytical tools. Best of luck to all traders for their future trading.

EURUSD  is making downtrend move at the moment if you look at 4 hour chart. Indicator MACD is also below the center line so a good chance is there the pair will move downwards and sell positions cam bring some pips. 

USDJPY is making uptrend move at the moment if you look at 4 hour chart. Indicator MACD is also above center line so a good chance is there the pair will move upward and a buy position can bring some pips. 

About forex you should first know before starting it , then do much practice on demo . You should try a demo of regulated broker with which you are going to open real account in future. As I choose Mayzus regulated broker by CySEC, They give secure payment method and security of funds. Try trading with them you will certainly feel satisfied. 

We are aware of mistakes after getting some experience one big mistake is to choose a scam broker when you are going to work with live trading do some research to select a good , regulated and fair broker as I am happy with Mayzus Broker regulated by CySEC . I am satisfied what I will do in forex my broker will give me best facilities.

EURUSD   is making uptrend move at the moment if you look at 4 hour chart. Indicator MACD is also above center line so a good chance is there the pair will move upward and a buy position can bring some pips.

I started my first real trading with Mayzus Broker They are fastest growing STP broker Regulated by CySEC. I can use leverage up to 1:500 in trading ,it is up to me how much is good for me. I admire this trading company to provide best seivices.

Nice post comparing different brokers give us best choice to do work in forex market . I select some good brokers as fresh forex , Master forex and FXCM and others then see what suits me according to my needs. I think all are working good use  demo of them before investment.

Yes right entry and exit is an important point in trading. It i not necessary to trade every day in forex market. It is up to a trader's style either he is every day trader or does trading few days in a week. When ever he is going to trade he should analyze well market to find right place for trading.

USDCHF is making downtrend move at the moment if you look at 4 hour chart. Indicator MACD is also below center line so a good chance is there the pair will move downward and a sell position can bring some pips.

Hi 

This thread will be used as my trading diary. I will be posting some trade setup here and update the thread at times. I hope this will be a good things for me and all of those who are trying to learn forex trading. 

Thanks

Leverage is good supporting thing for traders they can trade in forex market using leverage having less amount in capital . My broker Mayzus offers me leverage up to 1:500 . It is good for me I can decide according o market how much leverage is suitable for me. I feel happy having no slippage or re-quotes in trading with Mayzus .

Having mentor is a good opportunity you can learn many things quickly that you know after many time of self practice .A good mentor guides you well . However mentor is not necessary for trading . You can also work without them. you have to do hard work to practice in demo for learning of forex business.

I think it is your ability how much you make profit from forex trading .It can be luxurious for you or just fulfill your basic needs. For professional traders it is no matter to make a living from forex. It is a good part time work for most of the people.

Of course funds management is more important than investing . All our decisions tell how much we are caring about our funds invested in trading account. For example high investment with low skill is not advised , it can be a dangerous one . With skill of trading low investment is a hurdle in profit making.

We can minimize risk manage it well with our struggle and experience but not eliminate risk fully from forex trading . Risk is involved in every position we open for trading. It is trader's ability how he adjust trading according to market conditions. However it is advised to take low risk in start until you are not good to manage it.

The rebate offer is still running and its big. Whether you are trading large or small volumes, MAYZUS rewards you with excellent rebates, its up to 40% of your spread paid back to your on every trade you make using this promotion. Its guaranteed cash even if you lose in a trade.

The rebate offer is good one by them and I hope there will be more things like this in future. So looking forward for more options for all the benefits of clients.

I had less experience of using EA in trading .I normally prefer manual trading because I know what are my trading skills and need , according to this I open positions for trading .I can control my trades in time when I think now I should quit trading.

I have not seen Brokers informing its clients about upcoming important events but Mayzus is a different one. They always tells you about any change in trading hours schedule due to some upcoming events, just like they informed now about changing hours on President's Day in the USA on Monday the 15th.

When you see too many indicators you are confused. reading may differ from one another so try to add 1 or 2 indicators if you like any. Make your analysis not rely only on indicators for trading. I think one should get just help from these tools they are not final for getting positive results.

Broker make money through spread .When we open any position for trading we have to pay spread it is a type of commission that broker charge . We win or loose this spread goes to them. They also get commissions ans swap to hold positions.