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Ichimoku and MACD are complete indicators for market forecasting, but I myself very rarely use these two indicators, traders who have experience using these indicators may better understand their advantages and disadvantages.

Yes, right. Leverage is like a double-edged sword, if used carelessly it can backfire on oneself, but if traders can use leverage wisely it is very helpful in making a profit. Each broker has a leverage policy which sometimes depends on the regulator's rules.

I saw several traders do this, they used trading robots via VPS, but still monitored their accounts via mobile trading when they thought the bot's trading work was considered dangerous, they manually cut losses.

Yes, we can combine price action with technical indicators. As a trader, of course I have combined price action and technical indicators. However, risk management is the thing I emphasize most in my trading.

Even though MT5 has been developed with better features, MT4 users still seem to be solid with satisfaction and ease of use, in my trading days I also use MT4 the most.

So far I still rely on manual trading, algo trading or automatic trading with an EA or similar which does provide several advantages but also has weaknesses. Before using it, you should understand how the algo trading works by testing the EA before doing real trading.

Some work, some fail, using a trading robot has advantages and disadvantages, it is more disciplined than manual trading because it works based on command logic. Errors in writing code cause the robot to not work. I have tried several robots but all of them had unsatisfactory performance and now...

It is free and without risk, but it usually takes longer to collect hundreds of dollars, in contrast to forex trading, profits are faster but also losses are faster depending on the trader's skill. I also joined surveys but made more profits from trading.

EURUSD is often the most traded pair in the forex market, this is indeed profitable, and the high daily average volatility is often used for scalping and intraday trading.

In my opinion, the candlesticks themselves provide a lot of useful information from open high low, and close. With timeframes we can see price history to draw trendlines which are useful for identifying a trend, studying price action and candlestick patterns is enough to be a weapon in achieving...

Support and resistance levels are basic but powerful trading strategies, if traders have good patience to wait on these price zones, possible to minimize the risk and gain higher profit.

There is no problem making forex part-time, because trading opportunities are open 24 hours 5 days a week, part-time traders can set aside trading time when they have finished their main work. especially in the London and New York market sessions, price movements tend to be more volatile.

Indeed, to describe the best indicator depends on user experience, perhaps those who are looking for the best indicator will try various kinds of indicators. However, many people just try without carrying out long-term experiments. When one indicator is deemed to have failed, then try another...

I am trading looking for multiple pairs but in trading only choose one or two pairs in my plan trading, major pairs like EURUSD, GBPUSD, and AUDUSD are often for scalping because has low spread, in FXOpen start from 0, other pairs like GBPJPY, EURJPY often move in incredible volatility, despite...

Understanding indicators is indeed important for gauging market possibility, typically there are indicators considered as leading and lagging indicators, both have their own advantages and disadvantages

I am more familiar with using MT4 than Tradingview. however Tradingview chart is so nice, it is a web-based platform and very intuitive, but to use all features needs cost to subscribe. MT4 now only supports 64-bit computers, in daily trading I use MT4 and Ticktrader platforms.

No perfect indicator as each indicator has is own pros and cons in implementation, The moving average and RSI is good indicators, but it's not useful for other traders because they have their own options, in my view whatever indicator is used, risk management and proper money management still...

In my opinion, if you want to trade crypto with low risk using an exchange like Binance, you can buy crypto such as Bitcoin, or Ethereum at a low price and sell it when the price is high, even though the value of the asset may fall, we still have the asset in the wallet on the exchange, but if...

Nothing, neither trading with AI bots nor indicators a risk will still be there, even the CFTC warns investors to be wary of AI Bots, however, the software cannot know future prices. In my opinion, indicators are only trading tools to analyze the market, the role of risk management, and...

I think because forex includes high risk, most retail traders lose money in forex trading because not use proper plan trading and lack of discipline, market movement is very dynamic, Usually traders thinking irrationally start with small capital and want to make a big profit at short time.