I find the discussion on this thread so interesting. Congratulations on the successful transaction. Since you mentioned fractals, I 'd like to ask about what you think about analyzing candlestick patterns (Engulfing, Doji, hammer, etc.), do you have ...

NoPainNoGainOrAlwaysImproveYourself

I'm not a very successful trader, but I assume that the forum can really be useful as an exchange of experience, but at the same time, you need to filter the information. Many traders here are successful people and they come here to rest to feel ...

Successful traders are very, very rare to find

I would say that assessing the situation and correctly calculating the risk is the most important thing that everyone should strive for. And yes, not everyone achieves this skill for the whole trading career. If a beginner can make a large ...

Realistically how much can I make from forex as a student?

V for Vendetta) I suppose that the price will go down during the NFP image

USD/JPY Discussion

Yeah, nice video and good explanation of the main trading analysis tools (Fibo and Trend line, levels). This one is some easy example of market situation for analysis There was a nice bullish trend with some correction. Thank you

Trap the Market

Agee! Unreal...

Realistically how much can I make from forex as a student?

Hello. Thank you for your nice thread. Yes, this is the right decision to stay away from the EU because of instability. The decision on the tax bill is not made in the US and this makes the market unstable. I'm thinking about waiting one week.

Trap the Market

I have seen many times how profitable traders lost all their money and lost their account. This is the process of balancing the market. It is impossible to be profitable always and every trader must understand that in order to assess the situation ...

Successful traders are very, very rare to find

It works, really. The price does not have constant movement in one direction. It's changing. I will now explain why many traders continue to sell when the price has already fallen and vice versa: - This feeling, when you missed the movement and you ...

The Oldest Rule In Trading Still Works

Dont give up. If those loses just because of your skill, so it will come later and you definitely will earn. But if you are not profitable due to the another factors (e.g. bad broker), so you should analyze it and change.

8 Years Later - Still Not Winning

Quite and safety trading, I suppose, its 5% per month. As I know, trading with small deposit is much more difficulty that trade with some bigger sum of money, (e.g. $10k). The main idea is that you can earn more with more amount if you trade more ...

Realistically how much can I make from forex as a student?

It does not depend on how much you want to win. The amount depends on how much you are willing to lose. One thing I know for sure is that a deposit of less than 1000USD will only take up your time. Even if you win, it will be a cheap job and a lot ...

How much money do you need to safely trade forex

Since drawdown is an indicator of sustainability and the maximum accepted risk, this is the most important indicator. I try not to worsen my drawdown. But at the same time, when a trade is close to a negative value equal to a drawdown, I start to ...

Drawdown: how does it affect your trading and account

A person that can become a trader should be emotionally stable, intelligent, stress-resistant.... and have a profitable strategy

Can anyone become a trader?

I noticed that the price fell after touching the middle of the trend. Will the chart break the support level 1.1850? I lost hope for the growth of the dollar, so it seems to me that the trend continues. image

EURUSD

If you buy, then you should monitor the levels of resistance to closing. And vice versa. Indeed, the level may be too weak to stop the price, it is necessary to take into account its importance and influence on the market in the past. Also, there ...

Is it better to close when price reaches resistance level?

I agree with your statement that the price can reach the level of support of 108.80. This will be a logical formation of the figure, despite the fact that now we are seeing an upward trend with correction. To be honest, I know little about the wave ...

USD/JPY Discussion

The chart in the bottom zone on stochastic. Possible buy. The chart may rise to the level of trend resistance. In any case, it seems to me that he will not fall below the midline today. image

EURUSD

I agree. The only paid training course for which I would pay is a course on how to recognize a scammer. Everything else, IMHO, is not worth my money. In our time, we can learn everything by ourselves. It's easier to buy EA

"good traders trade, bad traders teach"

How's your progress in a year? Your trade has changed this year? Have you reached your goals?

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