For beginners in forex trading, my advice would be to start with a demo account to practice without risking real money, focus on learning the fundamentals of trading, and develop a clear trading strategy with proper risk management techniques. As ...

Any Advice for a Beginner?

Trendlines work because they represent visual representations of the underlying supply and demand dynamics in the market and many traders base their analysis on them. When drawn correctly, trendlines connect significant highs or lows in a price ...

Why do trendlines work?

In my experience, one of the most effective indicators for entry signals and trend identification is the Moving Average Convergence Divergence. The MACD combines moving averages with momentum to provide clear signals for both trend direction and ...

What best indicator to entry signal and TREND?

I think first one is better because it's true ECN can be checked

HotForex Discussion

To find big moves lasting for months in forex trading, focus on identifying strong fundamental trends supported by economic indicators and central bank policies. Utilize longer time frames and technical analysis tools to confirm the trend direction ...

How can you find big moves that last months?

In my experience with scalp trading, I rely on indicators such as short-term moving averages, stochastic oscillator, and RSI to quickly identify entry and exit points for trades. These indicators, when adjusted to shorter time frames, provide timely ...

How to calculate indicators for scalp trading?

As a forex trader, my weekly return can vary depending on market conditions, trading strategies, and risk management practices. While some weeks may yield higher profits, others may experience losses or lower returns. The key is to focus on ...

What is your weekly return?

It's pretty possible but only with arbitrage lol. I did it many times but it doesn't last long you have to change brokers a lot.

100% win rate is possible

Hotforex also offers Islamic account, though you need to verify that you are a Muslim somehow.

recommend me an Islamic broker account, with no holding fees

If it concerns trading I would advice to follow trading plan and especially pay attention to stop loss, because anxiety happens when take too much risk, i.e use leverage and low equity to open large position.

Advice on managing anxiety

I also tend to participate into trading right after important news releases as shift in expectations occur which drive supply and demand imbalances which you can take advantage of.

How do you control your greed - practically

Fixed spreads are just average floating spread + some markup from a broker which ensures they will get the same profit on average as if you'd charged on the basis of variable spread. Though there are still some strategies which can benefit from ...

What are fixed spreads?

My weekly returns fluctuate sometimes I have loss others are profitable that's why I decide that I assess my performance based on monthly returns and consequently make adjustments to my EA's based on monthly performance.

What is your weekly return?

I guess arbitrage. The biggest issue is to find right assets, right trade venues that will pay and not block profit. Basically look for risk-free opportunities however they are scarce since many are looking for them so they can't exist long.

I need 200K euro urgently. Please suggest which system to use

Also provide lot size, leverage and stop loss recommendations. That's the key. Sooner or later your forecast will play out for sure, the question is will we go bankrupt in the meantime, lol

So easy to trade during this coming recession?

If you are resident of United States then most of the popular brokers mentioned on this forum won't accept you due to compliance reasons. Also not sure if US brokers offer CFD for trading, if you want to trade currencies you should consider futures ...

Broker Suggestion

It's a kind of more expensive if you try to utilize leverage, I mean borrowing costs increase it starts to bite if you hold your position long-term.

Real ECN Broker

Testing on different intervals and assets will help to increase robustness, at least for me it is enough to get away with overfittting.

The automated vs. mechanical vs. discretionary trading debate

I think the key question is not about is it possible to predict market direction but rather ability to make it consistently and have tools that can verify it wasn't result of luck. Many traders fail precisely at this step - they either can't achieve ...

Why it is possible to predict price movement?

How did you learn that their liquidity provider is city bank?

HotForex Discussion