Recent content by aylkev

What time should I avoid doing forex trading? Since 8am to 12pm EST is said to be most volatile, are there more?

No one size fits all. The most common ones are RSI, Fibonacci, Bollinger bands, etc.

Also, ignoring risk management and over leveraging

If you are a beginner, the best suitable pair, in my opinion, is the EURUSD because of its volatility and because it is popular among other traders.

In my opinion, the major currency pairs are safer to trade, especially the EURUSD. They are much more profitable in my experience since their volatility is lower and the spreads mostly start from 0.0 pips.

I consider trading with the USD currency because it is popular and always under pressure from global and local markets. It is also predictable when compared to other currency pairs since it has tighter spreads and wide price movements that provide a large number of profitable opportunities.

The best time to trade is based on the currency pairs. For example, I trade with EURUSD and I prefer using London and New York time with a 20-minute time frame.

It is possible, and it is known as consistent profit-making. But to make a consistent profit in trading, it requires focus and a reliable strategy with risk management skill.

i recommend FP Markets, they are regulated by ASIC and have been in business for over 15 years now. They also hold a CYSEC(EU) license. Regarding their spreads, I have a Raw account with them. The spreads are pretty tight through the day EURUSD averages 0.0. Withdrawals have been pretty quick...

I recommend trading with FP Markets (ASIC regualted), they offer a ECN/RAW account which offers very tight spreads. Another advantage is that commmission is lesser compared to other ECN brokers ($6 per round lot)

I used to trade with ICM as a beginner and faced difficulties mainly because of their unoperative customer support. I moved my accounts to FP markets recently and the experience is a complete contrast, their customer support team are polite and quickly clarify all queries.

A commonly known fact is that most forex traders fail. In fact, it is estimated that 96 percent of forex traders lose money and end up quitting. The forex website DailyFX found that many forex traders do better than that, but new traders still have a tough timing gaining ground in this market.

A commonly known fact is that most forex traders fail. In fact, it is estimated that 96 percent of forex traders lose money and end up quitting. The forex website DailyFX found that many forex traders do better than that, but new traders still have a tough timing gaining ground in this market.

Yes, If you need a ECN/STP/RAW account which offers very tight spreads, you will have to pay commissions. That's how the brokers make money.However, comparatively speaking i''m trading with FP Markets as they have some of the tightest spreads and they only charge 6$ per round lot compared to...

Without loss there is no profit and without profit there is no loss.