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Boom and crash indicators, which claim to predict sudden market movements, are often marketed to appeal to traders seeking quick profits. However, no indicator can consistently predict such extreme events with high accuracy due to the inherent unpredictability of the markets. It's essential to...

Buy and hold. Allocate like 5-10% of capital into gold and you will likely succeed in the long-term

It is called overfitting. At least 100 traders are needed to verify this idea

The best pair that most traders would agree that is suitable for beginners is EURUSD. Not only because it is the most famous pair, but also because of its lower volatility when compared to other currency pairs.

have you tried HFM or any other broker? What you liked and didn't like in their services? With this information you can get more tailored advice

Didn't they tell you which brokers to use? Arbitrage is specific thing, for example I do swap arbitrage with HFM but it's slightly different and profit is lower than in usual arbitrage but no risk of account termination

To stay disciplined and consistent, I maintain a structured trading routine, set clear and achievable goals, and prioritize risk management setting small leverage at HFM and picking lot size which reflects my TP and SL targets as well as the money I can afford to lose. I also focus on...

It's similar the difference is how they account for risk. It's a tough part of this issue actually since it involves measuring uncertainty

Yeah would like to try it too on my HFM account. Heard many positive reviews about its results

In my experience, the 4-hour timeframe strikes a good balance between noise and reliable signals. It allows for thorough analysis and provides ample opportunities without the stress of constant monitoring like lower timeframes.

You can try BeeksFx if your EA is sensitive to speed of execution. Some brokers like HFM offer it free of charge if you meet volume requirements, so could be worth to look for similar offers.

I also prefer swing or day trading because I believe trading opportunities for retail traders can't arise in every minute. Traders underestimate timing of a trade because of impatience, however one important insight that some great trades is when you avoided making them at all. Preserving...

Yeah use as low leverage as possible and don't trade with the funds you can't afford to lose. For example my leverage at HFM is currently capped at 1:50 and I'm planning to reduce it even further. It's really comfortable and you feel more responsibility because you put a lot on the table.

Metatrader indicators are crafted in MQL language, compatible with both MT4 and MT5 platforms. Yet, transitioning from an older version to a newer one might necessitate minor tweaks and file type conversions. On the other hand, TradingView indicators utilize a distinct language, although their...

I used tradingfxvps but then switched to beeksfx which is slightly better and comes free if you meet certain trading volume trading with HFM.

Will it work for any broker? For example I use Hotforex MT5 trade mostly USDJPY can I adjust your signals somehow to trade on MT5 USDJPY?

Tickmill, HFM and other similar brokers offer wide range of instruments which does include bonds, indices, stocks, etc. They even started to offer futures recently

I can suggest to try HFM or Exness they are great in terms of execution speed, excellent for scalping systems.

In my opinion, forex traders blow their accounts primarily due to a lack of effective risk management, emotional decision-making, and trading without a clear strategy. Successful trading requires disciplined execution of a well-defined plan, alongside continuous learning and adaptation to market...

You can buy on Fridays recently this day started to outperform compared to other days looks like traders buy safe heaven as a precautionary measure to hedge weekend shocks