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I’m a swing trader focusing on technical analysis. It took me about 18 months of consistent learning and practice to become consistently profitable. Like you, steady effort over time made the difference, proving patience and persistence are key in trading success.

USD/CHF showed a modest upward trend, closing with a 0.4% gain, signaling a slight strengthening of the US dollar against the Swiss franc. Traders should monitor how upcoming global economic news and events influence this pair, as such factors could drive further volatility and impact future...

You can find better indicators on platforms like TradingView, MetaTrader’s marketplace, or by joining trading communities and forums where traders share custom tools. Always test indicators on a demo before using them live!

That’s tough, but don’t be too hard on yourself. Every trader faces losses—just learn from it and come back stronger. Take a break, reset your mindset, and focus on improving your strategy! You’ve got this.

With the rise of digital assets and global currencies, many traders face a common dilemma: should they focus on crypto trading or forex trading? Both markets offer unique opportunities and risks. So, which one might be the better choice for you? Let’s explore the key differences and advantages...

EMA 200 is widely recommended for Boom and Crash trading because it helps identify long-term trends and key support or resistance levels. Using EMA 200 can improve trade timing and decision-making, making it a reliable indicator in volatile markets like Boom and Crash.

Choosing the right broker is one of the most important decisions for any trader. Among the many factors to consider, trading with a regulated broker stands out as essential. So, why is it necessary to trade with a regulated broker? Here’s why:

With only $5 in your Deriv account trading Boom and Crash indices, potential profits are very limited due to small capital. While leverage can increase gains, risks are high. Focus on learning and risk management before expecting significant returns.

Thanks! I’m glad you like the forum. It’s a great place to share knowledge, ask questions, and grow together. Feel free to dive in, explore, and connect with others. Excited to see you learn and contribute to the community!

Investing in funded trader programs can be risky. While they offer access to capital and potential profits, success depends on the trader’s skill and risk management. Always research the program’s reputation, terms, and withdrawal policies carefully before investing, as not all are transparent...

There’s a possibility for a sell on CADJPY, but remember, trading is reactive. You must adapt to market conditions, not your expectations. Watch price action closely, confirm signals, and manage risk carefully. Let the market guide your decisions, and stay flexible as this setup unfolds.

Thanks for sharing your experience. It’s important to be cautious with anyone managing your funds. Always verify credentials and seek transparent, proven track records before trusting your money. Unfortunately, scams like this harm the trading community’s trust and reputation. Stay safe and...

For MT5, popular EAs include Forex Flex EA, Wallstreet Forex Robot, and GPS Forex Robot. Choose one with good reviews, consistent performance, and adjustable settings to fit your trading style. Always test on a demo before live trading.

Market volatility often spikes during news events, raising the question: why does the market become so unpredictable when news breaks? The answer lies in how new information impacts trader behavior, supply and demand dynamics, and market sentiment, causing rapid price fluctuations as...

Finding a reliable spike indicator can be tricky, especially for platforms like Deriv. I’d suggest checking trusted trading forums or communities where experienced traders share tools and insights. Also, always test any indicator on a demo account first to ensure it fits your strategy and risk...

I don’t have a working copy of Dragon Scalper, but it’s important to be cautious with such tools. It’s best to research thoroughly, join trading communities, and test any strategy on a demo account before using real funds. Focus on building your own skills alongside any tool you try.

Brokers earn primarily through spreads—the difference between buying and selling prices—and commissions on trades. Some also charge fees for services like account maintenance or withdrawals. Additionally, brokers may profit from interest on client funds or by acting as market makers, taking the...

Smart money refers to capital managed by professionals who anticipate market trends and influence prices. Supply zones are price areas with heavy selling pressure acting as resistance, while demand zones have strong buying interest providing support. Traders use these zones to make informed...

MT5 doesn’t have a built-in log scale option, but you can use custom indicators or scripts created by the community. Check the MetaTrader Market or forums for “log scale” tools—many traders share free programs that might suit your needs.

Forex market participants—central banks, commercial banks, hedge funds, corporations, retail traders, and investment firms—play distinct roles, each influencing currency movements based on unique goals like profit, policy, or trade needs.