radex78

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

Capital to start forex trading is increasingly flexible, but different entities may have different minimum deposits, it is best to first understand the minimum deposit at the broker used. Decent capital certainly has advantages over small capital.

Choosing a regulated broker provides comfort in long-term forex trading, choosing a broker with a good reputation and reviews is safer because the company gives a good services

That's right, this is widely used by traders to learn trading without risk, brokers provide free demo account facilities that can be used as well as possible

Position sizing is a fundamental factor in trading to manage risk. This concept is used to determine how much capital is allocated in trading. Proper position sizing can minimize the impact of risk in trading so that in one trading transaction you do not experience a margin call too quickly due to using a position size that is too large. Determining position sizing is closely related to the leverage used. As is known, leverage is like a double-edged sword. On the one hand, you can increase profits, on the other hand, the risk is higher. Ideally, high leverage allows traders to create higher position sizes than low leverage, but the impact can narrow the margin level that measures account strength. Things that need to be considered when making position sizing are risk tolerance and market volatility. To determine risk tolerance, each trader may have a different method. Some determine based on the risk percentage, and some determine based on the value in dollars. In determining the stop loss, the trader has previously calculated the risk tolerance in a trading plan and will adjust the position size to adjust the stop loss to the risk tolerance. For a more comprehensive explanation of position sizing, you can visit the FXOpen blog and find the article with the title Optimal Position Size May Reduce Risks

Today active signal EURCHF This signal is only a personal opinion and does not constitute investment advice or invitation, do so at your own risk

When carrying out trading activities on the forex market, everyday traders will of course pay attention to market trends. This is because it is very important in its efforts to profit from market volatility. The market trend itself can be categorized into three general types, the first is an uptrend also called Bullish, the second is a downtrend or what is called Bearish, and the third is flat or what is called Sideways. An uptrend shows that prices tend to increase and often create higher highs and lows. On the other hand, a downtrend is characterized by prices that tend to form lower lows and higher lows. And finally, the flat is marked by candlesticks in a row as if there is almost no movement. During an uptrend, prices of course do not continue to rise without a downward wave, there are times when a downward wave occurs which is called a retracement or also often called a pullback, where the price moves down from the prevailing trend but rises again to continue the prevailing upward trend. In general, retracement is a temporary trend reversal that allows traders to get the best price according to the prevailing trend. During an uptrend or downtrend, traders usually prefer to wait for the price retracement to open a new order because it is considered lower risk. While Reversal is a fundamental reversal of the prevailing trend, in contrast to retracement, which is a temporary reversal, reversal indicates a significant trend reversal and changes the existing trend structure, and indicates a change in market sentiment. We can learn more about the differences between retracements and reversals on the FXOpen blog where they are explained clearly with examples to make understanding easier. Recognizing this retracement or reversal is very important for traders to support them in achieving profits in high-risk forex trading. So we can trade with the right decision and minimize mistake bias.

Trading skills are very important in achieving profits in forex trading, and this can be achieved by learning to trade continuously by learning from mistakes and never giving up. We can take advantage of broker facilities such as FXOpen to hone our trading skills by conducting trading trials either on a real account or a demo account. Of course, learning to trade on a real account will give us more real results and we can see skill performance