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- Sharpet replied Jan 17, 2017
For now the EURUSD is on a stretch of gains.This comes after the dollar had enjoyed a long period of gains following hopes of traders that Donald Trump would pursue policies that will foster that economic expansion of the US economy. But when it ...
EURUSD
- Sharpet replied Jan 17, 2017
Forex is not a trade where you make ten winning trades consecutively especially when you are not scalping. Of course one in a while you may lose, or even lose much more. But the strength to pick yourself up after a loss; boldly looking back to ...
Tips for an uninspired trader?
- Sharpet replied Dec 13, 2016
Trading is not really hard neither is it an easy piece of cake. Learning with money on a real account can really be emotional at high pressure. How about you start with a demo first and learn your way up.
Is trading really that hard?
- Sharpet replied Dec 13, 2016
I don’t just jump into a strategy because I hear it is winning. To get profitable sustainable strategy, make sure to optimize it in a demo account before using it on a trade in a real account.
Real, profitable strategies
- Sharpet replied Dec 11, 2016
Gold is generally doing well despite a very strong dollar. The would be one of the best years, gold prices had an impressive performance.
All Majors and Gold
- Sharpet replied Dec 11, 2016
Oil is doing well at the moment after the success of the OPEC deal, what remains now is how the big producers will contribute their output cuts.
Oil and Natural Gas
- Sharpet replied Dec 6, 2016
One thing I drag inspiration from is that success in forex trading is built on hardwork and patience. I put so much effort in my demo account.
A Little Something To Motivate You
- Sharpet replied Dec 6, 2016
So far the pound seem to be recovering from the effects of the Brexit. The latest recovery comes for the British pound as a British court ordered the prime minister to consult the parliament on exit procedures.
BREXIT RULES! The Consequences
- Sharpet replied Nov 17, 2016
I don't see anything wrong in trading with a broker that suits your trading need. Regulation has lost its meaning since some brokers have used it to make trading a living hell. It is better to choose a broker with an easy platform that allows one to ...
ProfiForex Broker Experience
- Sharpet replied Nov 15, 2016
A 10SMA is very cool. You could combine it with a 5SMA to get a better idea of the trend. When the 5SMA crosses above the 10SMA, you have an uptrend.
Trading with a 10SMA
- Sharpet replied Nov 15, 2016
The Chinese Yuan last went down as traders are fearing that Trump’s US protectionist ideas would hurt US trade relationship with the Asian giants.
Chinese yuan (USD/CNY)
- Sharpet replied Nov 11, 2016
Definitely you can not be a pro from the first trade you open. You learn up along the ladder; through profits and through losses as well. Accumulated trading experience makes you a pro eventually.
How to start like a pro? - afraid to open trades
- Sharpet replied Nov 11, 2016
To really make $2000 monthly, there is not really any conventional balance you should have. What you more importantly need is experience; how good are you with your trading system as well as how effective your risk management practice?
How Much Balance To Gain $2000 Monthly?
- Sharpet replied Nov 9, 2016
Sorry there is no Holy Grail, forex trading is so dynamic and broad; one trading system can not have it all and promise you 100% returns regularly on every trade open.
Is this the reason why you don't want to share your Holy Grail?
- Sharpet replied Nov 8, 2016
Truth is a margin call is a big mirage when you combine good risk management with a good trading system. Margin calls usually come with careless trading especially using extreme leverage ratios.
(binned per thread starter's request) In the pursuit of the Margi
- Sharpet replied Nov 7, 2016
Forex is not all about technical analysis. Fundamental analysis is equally important. One of this is the US nonfarm payroll data. It is very important for the inflation target of the US Federal Reserve.
Importance Forex Trading Performance Stats
- Sharpet replied Nov 4, 2016
Trailing stop loss is cool. Most times rather than just set a fixed stop loss,I prefer using a more flexible risk management technique like trailing stop loss. You don't get stopped too harshly.
An effective strategy and account with stable profit!
- Sharpet replied Nov 4, 2016
The success of the OPEC deal by November is very fundamental to the stability of oil prices. For one thing,if this deal is not reached, we may suffer oversupply especially with Iran resuming production in heavy capacity.
Trading Crude Oil with price action + indicator
- Sharpet replied Nov 3, 2016
I will not recommend traders jumping on whatever indicators. The mistake some traders make is that they feel that a system that combines many complex indicators is more profitable. No, it is not by how many indicators, it is about how well you ...
Renko bar indicator issue
- Sharpet replied Nov 3, 2016
Hedging is really cooling. Taking both sides is a risk management technique on its own. Sometime I just prefer scalping on smaller time frames with a very smooth trading platform.
Carry Trades and hedging