Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
Supply and demand in trading refer to the fundamental economic forces that drive price movements. Supply is the amount of a particular asset available in the market, while demand is the desire and ability of buyers to purchase it. When demand exceeds supply, prices rise, and when supply exceeds...
Momentum, trend-following, reversals, pullbacks, candestick patterns etc. Lots of them. But personally I prefer to trade with S/R because I like graphical analysis.
Free-tier AWS version isn't sufficient for trading, I remember it started to experience sever lags when I launched MT4 on it. After that I decided to order VPS directly from MQL for my HFM expert advisor, it is the fastest option (ping like 1 ms or less) and relatively cheap.
If your play is based on long-term outlook, averaging may be a perfect way to make your position more resistant to downside while retaining opportunities to squeeze max from long-term trade. I really like to enter position partially when trading on Gold, for this I use special averaging bot with...
To stay safe from investment scams, always verify the credentials and regulatory status of any broker or investment firm before committing funds. Be cautious of offers that promise high returns with little risk, as these are often red flags. Lastly, conduct thorough research, read reviews, and...
You can create simple software with chat GPT that creates additional line which is log prices, however log prices offer skewed picture of price dynamics which can be misleading.
What means non-repaint indicator, explain please. What makes it repaint previous values? Like broker adjusting price or something like that? Never noticed price adjustments in my HFM platform though
Risk management in forex trading involves strategies to protect your trading capital from significant losses. Key practices include setting stop-loss orders to limit potential losses, using only a small percentage of your trading capital per trade (often 1-2%), and avoiding excessive leverage...
What do you think about sentiment indicators is it worth to try or they encompass bias only of some public since gather statistics worldwide is basically impossible?
CFD is a good alternative you can for example try HFM or Exness they offer stocks trading, same exposure just different contract. I even find this market more efficient than trading on exchange, since no tax, all gains are yours
I agree that developing a personalized, profitable trading strategy is crucial for success. A well-crafted strategy tailored to your trading style, risk tolerance, and market understanding can be applied across different markets and instruments. However, it's also important to adapt your...
I completely agree. While natural talent can give a trader an edge, consistent profitability in trading requires dedicated learning and practice. Understanding market fundamentals, technical analysis, and effective risk management are crucial skills that need to be developed and honed over time...
As a new trader looking to profit, it's essential to start by learning the basics of trading and risk management. Focus on developing a solid trading plan, including clear entry and exit strategies and risk controls like stop losses. Begin with a demo account to practice without risking real...
I am always a bit curious about indicators, I have Hull thing trading with HFM but its not that great TBH so i just stick to looking at a day chart and seeing what news there is if any if no i move on and i use key support area for rejection, its not easy
Can you please explain how volatility affects returns of vice versa? As far as I understand increased volatility is just magnitude of returns gets bigger and stays large for some times. This is known as volatility clustering.
Yes, I agree that using too many indicators can lead to frustration and analysis paralysis. It's more effective to choose a few reliable indicators and use them consistently to aid your analysis. This streamlined approach helps maintain clarity and focus, making it easier to identify...
In order to create a winning trading plan you have to define a winning edge (who you win in the market), develop entry and exit rules and then backtest your system on historical prices of different periods to see if your pattern is persistent, i.e. it is independent of different market regimes...
