I'd definitely look for confirmations and convictions over longer timeframes. Once you go shorter and shorter timeframes, you can easily get confused and the signals tend to get kinda jittery. Making it simple is also a golden rule for me. I tend to ...

How to properly use indicators

Stop hunting is art of taking profits at the levels or often beyond them where buyers or sellers place their stops. Even if the trend goes down, the market may go up temporary to hit the area of stop. Thus, it gets liquidity to proceed with the main ...

Forex Stop Hunting - What is it?

The quantity of trades executed per month predominantly depends on the trading style you've chosen. We tend to categorize traders on short-term and long-termers, timeframes depend on the same variable as well. Day trader usually make from 5-10 ...

How many trades do you take every month?

Generally speaking, it’s not so good because it’s more dangerous rather than potentially profitable. Today marketers actively seduce newbies to try extreme leverages. On the other hand, if you have good trading skills and a big depo, it’s no problem ...

Is high leverage really bad for traders?

Yeah I do and I'm sure many of us use it as well. I don't know how much experience you should have not to using stop-loss, and how much confidence in the position you shoudld have as well. SL and TP are the msot classical ways to mitigate risks on ...

Do you use stoploss?

Approximately, I make 20-30 trades on a monthly basis.

How many trades do you take every month?

Don’t be afraid to lose. If you are afraid of losing this particular amount, then decrease it and get back to trading. But you should work actively with this amount keeping in mind that you can still lose it. You can’t all the twists of the market. ...

Any Advice for a Beginner?

I do respect scalpers but I don’t understand how they do this. I tried scalping. I know it’s possible to scalp for several hours successfully but then I usually go in the red. I feel more confident when use higher timeframes. Maybe it’s really ...

Scalping! Can it really be profitable in the long term?

I think, that you have got to treat this like any other hobby or business. I remember watching a motivational youtube video about increasing your physical strength, choosing a healthy life style and going to the gym. The guest speaker said something ...

How do you newbies not lose your motivation?

Hedging in the market has always been and remains a situation, or rather, an approach that many traders really like and at the same time has a fairly large number of details that you need to learn to keep under control and that you need to master in ...

Hedging the Market, but with a little twist?

Probably the same reason why it is highly profitable It is commonly believed that Forex is a risky and guaranteed high-yield market. The ubiquitous advertising tries to convince us that even beginners can earn 100 percent a year without any ...

why forex is so risky?

It is actually very difficult to understand such technical parameters, because such things can encourage you to take action, after which you realize that you have made a mistake and that you urgently need to find some solution to this complexity. I ...

Differences between a strong breakout vs a fakeout

You know, it always seems suspicious to me when someone or something promises some kind of super profit. The market is an ordinary business that works according to the same standard as the rest - you invest money and wait for a certain payback, ...

How Grid EA makes profit

If you let me. I will not focus too literally on all the technical parameters, but I would say more about your psychology at this stage. You really want to find some guaranteed patterns, while the market is a kind of creativity, because there are a ...

Help wanted for best entries

Many brokerage companies promote negative balance protection as one of the most profitable and effective marketing ploys, which can actually be beneficial for the client or give some purely illusion of security. In any case, I think that it will be ...

Broker limits with "Negative balance protection"?

To some extent, this can be done on almost any chart - you just need to choose some kind of long timeframe so that you see the situation in perspective. Although, of course, you need to understand the fundamental basis of this or that moment that is ...

Looking for historical Forex correlations

You just can't do without things like understanding levels and understanding the trend. You know, it's a bit more complicated than it sounds and I wouldn't say I could give you all the details and it would be clear to you in 5 minutes. You know. ...

Determine the trend on a timeframe

The MPA is indeed a fairly working, though very complex, format. My point is rather that there are more unambiguous approaches which are likely to give more signals, while their performance may be lower. Here, on the other hand, there are more ...

Harmonic Equilibrium Routing (MPA Based on HFT/ATS)