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USDJPY has looked bullish since the beginning of this week after falling last weekend due to Japanese intervention in anticipation of the continued weakening of the Japanese yen. NFP data also affects the value of JPY against the USD, the data shows that the actual value is lower than the forecast for a moment, causing the USD to weaken but after a few hours, it will strengthen again. The Fed may still be reluctant to cut interest rates because the inflation target has not been achieved. The Fed is targeting 2% inflation to cut interest rates but it seems that it will still take longer. The price is now near the middle band and if there is a breakout from the downside it is expected that the price will continue to rise to 155.00 or 156,000 shortly.

I usually choose to use a fixed stop loss because it is easier to manage trading risk, apart from paying attention to yesterday's high and low, I also pay attention to risk tolerance in a trading plan.

I more often use a position size of only 0.01 in trading on FXOpen using a standard account, although it is possible to use a larger position size, I prefer to divide transactions with the same lot size of 0.01 with different targets.

Even though the scalping profit target is small pips, when the accumulation transactions are maintained by maintaining a balanced risk-reward ratio, this can become a mainstay weapon for collecting profits with a win rate above 70%.

Scalping trading is very interesting as a trading challenge by utilizing low time frames in high market volatility, potential profits can be achieved more quickly by choosing the best time and an appropriate trading plan.

Traders prefer regulated brokers with low spreads and pure ECNs because they are more transparent. Choosing a broker for each trader may have different reasons, as long as the broker provides services that provide customer satisfaction, traders will usually remain interested and loyal to use their services. I use FXOpen so far it is comfortable in trading.

Forex trading can be a long-term investment, so choosing a broker is very crucial so finding a reliable broker that provides the best service for all clients, in this case, I use FXOpen broker. However, when investing in forex, you must comply with the golden rules of investing in a high-risk business, only spending money that you are prepared to lose, this means that it is not recommended to use money from borrowing for forex trading because it is vulnerable to risk.

Usage Ticktrader and MT4 have different purposes for me, Ticktrader supports multiple markets, forex, crypto, stocks, and indices, I like to trade crypto on Ticktrader, while MT4 often I use for forex trading

I trade using FXOpen broker with MT4 and Ticktrader right now, usually, I use only the indicator that I need to attach to the chart, and still combine analysis-based price action and candlestick pattern, and not forget to read important update news on the calendar economy

The Fed's decision at yesterday's meeting finally held interest rates unchanged at 5.25-5.50% for the fifth time in a row. The Fed also emphasized that it would wait for more supporting data before cutting its benchmark interest rate. As predicted by the market, it seems that the market response has caused financial markets to become more volatile. Gold, which was previously stagnant in the $2150 range, surged yesterday and even formed a new all-time high at $2222.77 before finally rebounding to $2203. In the crypto market, most cryptocurrencies also experienced increases, Bitcoin jumped more than 9%, Ethereum rose 11%, Solana rose 12%. The soaring gold price seems to reflect the market looking for alternative safe haven assets amidst economic uncertainty. While the price of gold itself is influenced by several factors, as reported by the FXOpen blog article, several factors that can influence the value of gold are Inflation Expectations and US Currency: Anticipation of rising inflation and a weakening US dollar, triggered by large fiscal and monetary stimulus, may lift the XAU market.Demand Recovery in China and India: A gradual increase in consumer demand in key markets such as China and India, coupled with new investments, could support a rise in gold prices.Geopolitical Tensions: As global geopolitical conditions remain tense, the appeal of the yellow metal as a hedging instrument may increase, thereby potentially supporting its price.Cost Opportunity: As the opportunity cost of holding gold decreases, the attractiveness of gold among investors will remain, thereby potentially contributing to the growth of the XAUUSD exchange rate. The price of gold is now around $2201, a correction after the price spike occurred. Technically, based on MA 50, it is estimated that bullish sentiment for gold in the long term is possible. In fact, several forecasting sites have predicted that the price of gold could reach levels above $3,000 in the next five years, such as Gov Capital predicting that the price of gold will soar to $3,368. in mid-2025. Gold D1 Ticktrader

The biggest mistakes in trading in my opinion are greedy, overtrading without a proper plan, and fear of missing out.

Each trader may have different choices regarding the broker used, but the trader's goal is of course the same: to gain profits in trading, in this regard low broker spreads, trading conditions without restrictions, trading platform support, and trading server quality can influence trading results, in this case I chose FXOpen UK.

Shocked today Ethereum gains 4.12% Ethereum price broke $3000 and reached $3108.82, compared to Bitcoin's today's gain of only 0.31% at the time of writing. ETHUSD price range for the last 24 hours was Low $2,984.01 and High $3,117.43. It appears that ETHUSD is forming a long-body bullish candlestick with a higher high on Ticktrader FXOpen UK. Crypto Patel reported on a post in Coinmarketcap that over the past 45 hours, someone purchased 57,500 #Ethereum ($174 million) across Binance and DEXs. ETHUSD Technical analysis The summary of the technical analysis by Investing for Ethereum today is strong buy with technical details of indicators RSI(14) Overbought, STOCH(9.6) Buy, STOCHRSI(14) Overbought, MACD(12.26) Buy, ADX(14) Buy, Williams %R Overbought, CCI(14) Buy, ATR(14) high volatility, Highs/Lows(14) Buy, Ultimate Oscillator Overbought, ROC Buy, Bull/Bear Power(13) Buy. Looking at the price chart on Ticktrader FXOpen UK ETHUSD forms a bullish candlestick with a long body below the upper band line. After the price broke $3000 it continued to rise reaching a high of 3116.963 On the daily timeframe, the Bollinger band appears to be forming an upward channel with a wide band distance indicating bullish sentiment with high volatility. The 50 MA below the middle band line also forms an upward channel far below the price, an indication of strong bullish momentum. On the other hand, the RSI indicator which measures overbought and oversolc shows a value of 78, which means the price is in the overbought zone. RSI is a leading indicator that provides signals before a trend is formed. In the H1 timeframe, the price appears to be moving up near the upper band line. Here the Bollinger bands form an upward channel with expanding bands indicating increased volatility. MA 50 is near the lower band forming an upward channel indicating an uptrend market with strong bullish momentum. Meanwhile, the RSI shows level 73, which means the price is in the overbought zone. #ethereum #ethusd #ethereumpricetoday #ticktrader #fxopenuk

Using a demo account is a free way of trading forex without risk and does not burden you mentally, this may be useful for practicing your analytical skills in real market conditions, before you start with a real account, preparing for trading on a demo account can help determine the fate of your trading strategy. However, sometimes good results on a demo account do not reflect the reality on a real account. This may be due to several factors, including when demo trading uses large capital such as $50,000, whereas, in a real account, it is only $100, for example, clearly the difference in capital provides different opportunities when trading. In addition to emotional factors, trading on a real account involves emotions and this can interfere with your trading decisions, possibly beyond the rules of the trading plan. However, it is possible to start trading on a real account, traders will also pay attention to the amount of capital, at FXOpen UK you can start trading with $300.

Forex trading is a profitable business, someone might be able to get rich from forex trading if they understand the method and knowledge. Various trading methods allow traders to profit from market volatility. The most common and widely used strategy is learning how to trade on support and resistance. The support and resistance areas themselves are considered to be areas that prevent prices from moving further, in these areas rejection often occurs so that they are potential areas for gaining profits. However, the different ways to determine support and resistance can make a difference in perspective when looking at support and resistance. Several methods used to determine support and resistance refer to the FXOpen blog such as Trendline, closest swing points, round numbers, Fibonacci retracement, Pivot points, and dynamic lines such as using MA or Bollinger bands. Apart from this strategy, it turns out there is also a unique strategy called Triple Gap or San-Ku. This term may or may not be Japanese. I just discovered this term in an FXOpen blog article. San-ku is a triple gap or three gaps that have the potential to provide a reversal trading signal. This pattern is characterized by three candlesticks with gaps between one candlestick and the next candlestick in a row. However, if for example, encounter a San-Ku or Triple Gap pattern, this may provide a strong reversal signal considering that the trend will have a peak