This is a bit strange question. Anyone who knows forex market, knows that there is no right or wrong way of trading. Any strategy which makes profits are good. Which one trader will use is exclusively his decision

What is the best way to do forex trading?

I agree with WillGagnon. EURUSD is the most traded currency pair. There is a lot of information regarding these currencies necessary to make right decision easily available. There is also technical and fundamental analysis available almost ...

Pairs to trade for beginners

I must agree that the hardest thing is to admit to yourself that you are wrong. But in forex trading it could be more than beneficial to a trader. I think that best teacher on forex are your own mistakes, so recognise them and learn from them.

reasons why traders lose

At this moment I am bearish on USD. Waiting for right signal, but expecting to see EURUSD at 1.14 in the near term. I am not a daily trader, but rather following trends through technical analysis.

Currency trade signals

If you are confident that you can make profits, than you can take leverage. Keep in mind that as you can increase your profits by using leverage, you can also increase your losses in the same way. So, if you are not confident in profitability of ...

How does leverage work?

I think that the main issue with Afans trading was lack of risk management in his trades. He forgot to place SL and TP orders. Otherwise, I can see that he is doing good, except that he does not know in which moment to close position. SL and TP ...

I blew my account today!

It is absolutely impossible to have 100% of winning deals. This market has its own rules and it indeed repeat itself during time. However, there is unknown factor which is called market sentiment, which from time to time, changes the rules of this ...

New To Forex and Need Advice!

I must totally agree with Mlawson. There is absolutely no way that anybody can make money swiftly on forex market. But, what you can do is to build your strategy to bring steady and continuous profits.

Best scalping strategy

Good discussion. I have set for myself a monthly target in pips and doing my best to reach this target. I have realized that chasing pips on a daily basis is not very applicable because you have good days and bad days, you have good volatility and ...

7 pips per day? is it possible?

Sainrad, you have provided very nice explanation of what forex actually is about. Indeed, here you are earning by exchanging one currency for another and buying it back after you reach your profit target. This is actually basics of forex

Basic questions about buying and selling currency pairs

It is good that you have mentioned this topic of fundamental trading. I would absolutely not recommend to any beginner to trade on a news. Even highly experienced traders sometimes make mistake here because of market sentiment.

reasons why traders lose

I like post from Active1. These are absolutely basic forms which can be frequently found on charts. Yours is just to figure out which formation is at palace and start planning your next trading move

How Many Strategies To Trade From

Yes, they do withdraw money stable, I placed the withdrawal 3 times, everything is ok. I don't know if you are a client or not, but if you open an account, I recommend either opening a scalper or a pro account. depends on your trading budget =) ...

YADIX anyone using them?

Very bad idea. Always keep in mind that in this market you can win but you also can lose. Especially speculative trades are risky. Instead of borrowing you can take leverage from broker. Still risky, so if you dont have winning strategy, better stay ...

Take a Loan to Trade?

Is there any other active client here? I wanted to ask who else works with robots with the broker? share your experience of using advisors and what you trade with. I’ve been here for about six months, I trade on a scalper acc, 3 scripts work, mainly ...

YADIX anyone using them?

There is a lot of statistics in the forex technical analysis. This is how various market indicators are developed, by observing occurrences on the market. Depending on a strategy, combination of these indicators might provide good trading results

Trading is a probability game (can be mastered)

LOL. Usually when you are drunk world is looking much better, so as a trader you might get too optimistic. My advice is to stick to reality and never trade when you are using alcohol. Would you agree?

Do you guys trade better when you are drunk?

I have one strategy which works for me. Sometimes I also play on fundamentals, when I feel confident. However, I am using ideas from various sources.. i.e. forums, books, broker tips, to search for new ideas. Then I use demo account to test its ...

How do you come up with new strategies?

MoneyZilla are you speaking about Ganns square in your post? Actually, I was investigating this strategy and found no results that this strategy actually works. Maybe it was good strategy in the beginning of trading, in a Ganns time, but it seems ...

Why isn't everyone rich?

Noise is a word used in statistical data analysis. It points to some moves which are out of range of data and are actually not pointing to anything. If you want to see data trend then you have to exclude this noise to get clear picture

What is noise?