Recent content by webmastery

  1. webmastery

    AUDUSD Potential for Bearish Drop to recent swing low 5.00 star(s) 1 Vote

    AUDUSD seems strongly supported against the thick trendline as shown above. Watch for 0.6752 as support. My bias is go long. Buy on any signs of pullback, even if it dips below 0.6752.
  2. webmastery

    GOLD weekly market FORECAST

    XAU could go as low 1698.23. If not, buy on the pullback at 1747.85.
  3. webmastery

    Top seven tips for Forex Trading 5.00 star(s) 1 Vote

    Learn: 1) Fundamental Analysis: Understand news and economic events to determine the future direction of a pair. 2) Technical analysis: Use indicators to predict the future direction of a pair.
  4. webmastery

    Why do most retail traders lose money?

    1) Lack proper training: Do not be mistaken that even a great forex learning course will turn you into an expert trader overnight. My personal opinion is a "good enough" course that drills you in solid fundamentals is all you need because more than learning about TA, FA, indicators, price...
  5. webmastery

    what is the market direction for gold?

    As of this writing, gold is ranging between 1614.82 (support) and 2070.41 (resistance). Bias is upwards. You might want to risk a short at 1961.19. It has been 6 consecutive green candles on daily timeframe.
  6. webmastery

    Different Ways to Trade Forex

    Forex is a low-capital, scalable business. At least, if you blow your account, no customers will know you failed in your business lol.
  7. webmastery

    Broker to use for binary options

    You can check Forex Peace Army website for ratings and reviews. Seems like Dukascopy and Spectre.ai are the only 2 reliable ones...
  8. webmastery

    Binary Options Trading Software 85% Accuracy 1.70 star(s) 3 Votes

    Let me test this out and see how it goes, thanks for the offer.
  9. webmastery

    which one do you choose forex, crypto or binary?

    Crypto - Daily range and volatility are just too much too handle. Not good for intraday trading (personal opinion) Binary - I tried trend following on binary and no matter how, just don't think it will work. Ideally, you should be able to pick the correct and absolute tops and bottoms for...
  10. webmastery

    Tornado Scalping Strategy for MT4

    Let me test this out and see how it goes, thanks for the offer.
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