Recent content by N Ace

Sometimes win, sometimes lose. I get my hopes up on winning days and sometimes can go on a winning streak, After that, one losing day will wipe out my profits and confidence. Still looking for consistency.

Sorry, I think the holy grail strategy for forex trading simply does not exist. All strategies have their pros and cons. The most important is to have set a stop loss to protect your capital.

Yes, more often than not, many are scams. It is best to avoid, especially since you are new in trading. The worst part is you cannot withdraw your money out.

I use Fundamental analysis only for the general direction. For entry and exit, I think best is still to use Technical Analysis. Depends on your own holding timeframe, use M1, M5 for super short term and then H1 and H4 for medium term trading.

You can try using 2 moving average indicators. A fast one and a slow one. Maybe for example 5 min and 20 min. Also can add Ichimoku cloud.

EURUSD is one of the most liquid currency pairs traded everyday. I like it as it has a pretty good range most of the time and a low spread too.

There are many resources online to learn about Forex. It can become a bit overwhelming if you don't know where to start. Perhaps learning from a mentor is good to get someone to point you in the correct direction as a start.

Hello, I'm new here too. Nice to meet you guys. Hope can learn more about forex trading from the gurus.

Better to start with learning the basics and try manual trading using Demo account. EA perhaps for later part of your jouney.

I'm using Axitrader. Seems ok. Most important is we are able to withdraw our money.

Hi, I'm interested to try this EA. Anybody tried it on Live account? Can share the results please?