Indicators can be good and personally i like EMA instead of moving average however I guess professional traders dont use indicators. they can see...
Still i guess bitcoin has been spiking up and down confusing long term hodlers, investors and traders at the moment.
Looks like i have failed to express my feelings i just wanted to write i missed a long on USDJPY. Cheers!
I am only referring to the cocoa and if other prices can be low then we can see if it could be a good buy at discount or we can still wait for...
Still i think if anyone has a profitable strategy then they can get it coded in to an EA for automating their trading to next level.
The JPY news hitting record 34 yrs low on my screen and i was wondering if i could have longed USDJPY making some profits.
Commodity prices hardly comes down and i am also surprised to see it outpriced copper also.
With the new all time highs i guess this bitcoin has still gained the spot light and speculations it may go up again soon however its market which...
Looks like it will once again make another all time high or can make opposite to the speculations lets see where it goes now..
I have heard that most of the traders are from Japan, UK and the United States which contributes more than 50% of the trading volume in forex...
Agreed and i guess most of the scalpers usually helping the brokers earning commissions on their trades.
Initially i was also getting the same either closing trades too early or getting tagged my SL and then watching the markets moving in the same...
I also noticed a new hype these days is copy trading but still the risks mounts so take risk to that extent which you can afford to lose.
Back testing can be really helpful in learning how the markets are behaving but this does not ensure trends will stay the same as in the past.
I think advertising is the basic source of income for any site so we cannot blame any site for creating any bias.
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