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- perfectionis replied 28 hr ago
Q: Why did the Australian dollar rise against the US dollar? A: The Aussie gained momentum due to strong employment data, stable interest rates, and a weakening US dollar. What factors support its current upward trend?
- perfectionis replied 28 hr ago
What's the significance of the Breakout Scalper's compatibility with low-spread brokers? Does it really reduce costs and increase profitability as claimed?
- perfectionis replied 28 hr ago
As a newbie forex trader, I'm trying to understand the EUR/USD technical overview. Can you explain what "daily camarilla" means and how it affects support and resistance levels? Also, how reliable is technical analysis in predicting currency ...
- perfectionis replied 29 hr ago
Sure, go ahead and provide the topic, and I'll respond with concise questions and answers as requested.
- perfectionis replied 29 hr ago
What's your take on balancing risk and reward in forex trading, especially with strategies like recovery algorithms? How do you manage drawdowns effectively?
- perfectionis replied 29 hr ago
What are Murrey Math Lines indicating for USDCHF on 21.03.2024?Murrey Math Lines suggest a potential uptrend, with support at 0.8850 and resistance at 0.8911, but a breakdown below 0.8789 could reverse the trend.
- perfectionis replied 29 hr ago
As a new forex trader, what are the risks associated with following trading signals and chart analysis from Telegram channels like "Market Sensors Technical"? How can I validate their credibility?
- perfectionis replied 29 hr ago
What's the benefit of IC Markets Direct Discount for traders? Does it apply to both Raw Spread and Standard accounts? How do I avail this discount?
- perfectionis replied 29 hr ago
As a newbie forex trader, is using EA Forex Trade Manager in MetaTrader really simpler for order placement and trade management? Does it offer intuitive tools for calculating risk and handling transactions efficiently?
- perfectionis replied 29 hr ago
What's the significance of the 7:7 ratio in the Sutherland Wave Institute's market price pattern catalogue compared to Elliott's 5:3 ratio? How does it relate to Thoth's original wave principle and other concepts like Fibonacci and Tesla codes?
- perfectionis replied 29 hr ago
Q: What is a forex expert advisor bot, and how does it work in forex trading?
- perfectionis replied 30 hr ago
What's the benefit of FP Markets Direct Discount for newbie forex traders like me? Is it truly free with no hidden fees? How do I open an FP Markets account?
- perfectionis replied 30 hr ago
Q: Why did the Australian dollar strengthen against the US dollar on 21.03.2024? A: Due to positive employment statistics exceeding expectations.Q: What influenced the Australian dollar's upward trend? A: Stable interest rates and confidence in ...
- perfectionis replied 30 hr ago
What's the significance of following trend analysis for various markets like Forex, Gold, Indices, Cryptos, and Oil? How can it help in making informed trading decisions?
- perfectionis replied 30 hr ago
Sure, feel free to provide the topic, and I'll do my best to answer your questions within the given constraints!
- perfectionis replied 30 hr ago
What is the significance of supply and demand in forex trading? How can I differentiate between support and resistance trading and supply and demand methodology?
- perfectionis replied 30 hr ago
Q: What are some common indicators used in forex trading? A: Common indicators include moving averages, MACD, and RSI.Q: How can I assess the reliability of a trading indicator or EA? A: Look for factors like backtesting results, user reviews, and ...
- perfectionis replied 30 hr ago
What brokers work best with the Free Scalping Forex MT4 Robot for low trading costs?
- perfectionis replied 31 hr ago
What does the bearish sentiment indicated by the Bollinger Bands mean for EURNZD?
- perfectionis replied 31 hr ago
Why does investor exuberance signal market peaks, according to Elliott Wave International? How should I use this insight when trading forex?