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HotForex Discussion

Quoting fxninjaSRX
{quote} Huh bad luck I guess. It is better to trade by your own anyway.
It's good in terms of gaining experience but if your aim is to find a source of passive income, PAMM is a good option.
hope trading is doing good, I guess we should be calling it HFM now after the rebrand, but honestly i think its nice i like it. though the markets in general are not doing so good (crypto and stock) hope you trading is doing better.
Quoting jiggz
hope trading is doing good, I guess we should be calling it HFM now after the rebrand, but honestly i think its nice i like it. though the markets in general are not doing so good (crypto and stock) hope you trading is doing better.
Thanks yeah I reduced my risk currently allocated 20% of equity to trading volatile instruments, gonna wait till volatility subsides this week seems to be good to trade risk assets as Dollar extended sell-off
Eur and USD is same price now. WE can say it's a recovery but EU is unstable now.
Quoting asrona
Eur and USD is same price now. WE can say it's a recovery but EU is unstable now.
Yeah, Euro recovered significantly but turning points usually happen at the start of new year (should be some seasonal pattern) and the odds in my view that Euro's decline will resume.
I believe only nuclear war can drag down EUR's price.
Quoting asrona
I believe only nuclear war can drag down EUR's price.
What about ECB slashing interest rates? Do you think it won't be enough to knock down Euro?
The Europe economy is recovering, hopefully Ukraine and Russia come to peace negotiations soon. Just checked E/U is at 1.11
Quoting asrona
The Europe economy is recovering, hopefully Ukraine and Russia come to peace negotiations soon. Just checked E/U is at 1.11
Probably yes it is highly likely. The war is at its final stage and ceasefire will certainly liquidity some premium on European assets, lifting Euro
The war still doesn't end but another piece of news is JPY was weakened against USD due to BOJ left rates unchanged.
Quoting hoangforex
The war still doesn't end but another piece of news is JPY was weakened against USD due to BOJ left rates unchanged.
BoJ should soon intervene I think, last time it was at 145 Yen per USD. Let's see if they perceive dangerous level somewhere higher now
this war has messed up more portfolios than it should, i do wish for it to end quickly so i can recover some loses, but something is telling me its gonna linger a bit longer than needed. jeeez
Quoting jiggz
this war has messed up more portfolios than it should, i do wish for it to end quickly so i can recover some loses, but something is telling me its gonna linger a bit longer than needed. jeeez
Didn't notice any impact in 2023, last yeart there was some pressure on Euro and Pound but this year clouds have lifted for European assets.
the june deadline had me on edge with the usd, but i think things are still a bit tight in the EU with this war not seeming to have a clear path anytime soon.
Quoting jiggz
the june deadline had me on edge with the usd, but i think things are still a bit tight in the EU with this war not seeming to have a clear path anytime soon.
Yeah looks like Euro should still reap some grave consequences from this despite that now situation seems good lol
I want to invest in a PAMM account to have a steady profit, does anyone have experience identifying a good PAMM account through the top 10 accounts I attached here?

https://i.imgur.com/G9tfWKQ.png
pamm is a good option really as long as u understand the risk that comes with it, i guess not everyone has the time to keep tab on the markets, and over all (this is a personal opinion) leaving some money on pamm (or any other investment) beats your money staying in a bank account somewhere rght?
Quoting hoangforex
I want to invest in a PAMM account to have a steady profit, does anyone have experience identifying a good PAMM account through the top 10 accounts I attached here? https://i.imgur.com/G9tfWKQ.png
I would go with the one that exists 969 days, it has 13.22% max drawdown, 1000 USD deposit and all-time gain isn't extremely high. For other system it is either too much drawdown or suspiciously low like 1-2% which is unrealistic in my view.
hotforex is best ecn broker whos provider liquidity if city bank. they are only broker who have office and 2000 millions emoloyes. chats is instant. most brocers cheat.
ive seen 1000 eas and most profitable is renko ea. 20 pis donw up trading stragety with 30 indicators , haikens ashi. most trading is on mt5 but hotfore is only broker who provide MT4. and all robots works on HOTFOREX MT3.
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