please could you specify the most used indicators during your daily trading
- Joined Jan 2011 | Status: Senior Trader | 1,475 Posts
Bulls are stupid Animals!especially when Im short!
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DislikedCan someone explain what is the pattern from 2014.07.10 0:00 and 04:00? {image}Ignored
DislikedI chucked myself in the deep end and started to trade using a demo account from Ctrader. I carefully choose when to invest and within 30 minutes i made 511 profit... but for most of my 2 trade's, i was making a 1,000 & upwards loss, it wasn't till the last minute where the the value of the currency went up & i started to see profit, that's when i sold & walked away. My problem is... I'm a novice & for me to end up making 511 in 30 minutes is ridiculous even if it's just a demo, The point i'm trying to make is why would anybody close there trade...Ignored
DislikedHi, Im new to Forex trading. I had 2 questions! first one if I was trading for example EURCAD to try and run fundamental analysis on whether or not the market will move higher or lower do I have to look at Reports concerning the CAD or the EURO and the second question If my account balance for example was 300euros and i risked 6% my pip value was 0.09 leverage was 1:400 for everytime a position moves against me a pip would i lose 0.09 from my balance or lose the number taken into account leverage ? i hope that question makes sense ?Ignored
DislikedThis is hilarious. The market breaks in a profitable direction only after I close a position at breakeven I had on for and hour. It's like someone's saying 'ok he's out now, lets run it in the direction he expected an hour ago'Ignored
Disliked{quote} You would need to look at both types of reports... as something strong in the EURO reports could easily be countered with a strong CAD report... Think of pairs as a pair of scales... you know, they type that you weigh things in with the two pots (like the justice scales). If something massive happens (heavy) it will tip the scales, but it works the other way too.. Risk is not so much associated with lot size or pip value on its own... it is both combined. So if you had $300 (we will assume that the base currency is dollars to make the sums...Ignored
Disliked{quote} The market has an ebb and a flow. You need to determine trading rules. The market relies on greed and fear....Ignored
Dislikedplease could you specify the most used indicators during your daily tradingIgnored
DislikedI need help understanding leverage a little more I understand that leverage is like a loan you're broker gives you let's say you have 1000 you're broker would let you trade 100000 units of currency for a 100:1 leverage I just don't get if I put 10000 in my account (don't have one) each pip would be 1 dollar well depending on what you're trading so let's say euro/usd so if i buy a 10000 lot risking only 2% (200$) it goose up 10 pip woundent it be 200*10 so profit would be 2000 or am I doing it wrong . wrong as in those 200 dollars woundent move 1...Ignored
Disliked{quote} My understanding is if you have $1000 US in your acount and you trade 1 Micro Lot your Leverage is 1/1 so 10k 1 Mini Lot is 1/1, and if you have 100K in your account (I wish) then 1 Full Lot is 1/1 Leverage. And you can work out your leverage from here. If your a new trader I'd recommend keeping your leverage as close to 1/1 as you can. If you have your account in US$ and trading EUR/USD then 1 pip move on a micro (.01 Lots) is worth 10 Cents. 1 pip move on Mini (.1 Lots) is worth $1. 1 Pip move on full Lot (1 Lot) is worth $10 Hope i've...Ignored