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Forex Trading Machine
#1
There are very many Forex trading brokers trying to get retail traders to make deposits with them but you must be careful when using a Forex broker. Not all brokers are created equal. If you are looking for a broker then the first thing that you need to do is check where they are regulated, I would not even consider using a broker that is unregulated. The regulations can be quite different for different countries. If you are in the US then you can only use a broker that is regulated in the US. But if you are not in the US then you are free to use any broker that you like. My view is that the United KingdomOne of the key differences between a UK broker and an Australian broker is the leverage limits that you are allowed. A UK broker will only allow leverage up to 1:30 whereas you can get 1:500 from an Australian broker.
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#2
These lines tend to fan out during a trending market environment creating an area that could be visibly identified. Because pullbacks are minor reversions to the average price, the area inside the Rainbow MA becomes a prime area for price to pullback to. Right after the pullback, if a trend has enough strength to continue the trend, it will resume its initial direction. This makes the Rainbow MA a great tool to identify entry areas during trending market conditions.
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#3
To identify a trend, we would be using a couple of rules. First, the Rainbow MA should be in agreement with the intermediate trend, the 50-period Exponential Moving Average (EMA). It should be on the correct side of the 50 EMA. Then, price should be pulling away from the Rainbow MA to the direction of the trend. Lastly, as price pulls away, the Rainbow MA would have a tendency to fan out, so it should be fanning out wide enough. Then we wait for the pullback.During a slowly chugging trending market condition, the returns would be smaller. The reward-risk ratio might suffer a bit, but you could be having several entries available. You could milk these trends for several entries, getting in and out as the market slowly moves to the direction of the trend. However, you should also get a feel as to when the last entry could be. Trends could last for three to five entries during these scenarios, sometimes even more.
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#4
Lastly, there are trends that are very slow, the retraces could be deeper than your entries. During these market conditions, it is best to avoid trading as you could be slowly chipping away on your account. The probable returns wouldn’t be worth the risk because if ever you would profit, the profits are way too small. And in some cases, although price is still going towards one direction, the retraces close at a price deeper than your entries, which would cause you to have several small losses.
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#5
This is an exciting time to get into Forex Trading for beginners! It seems you're a beginner and looking for a better trading guide and way to not to lose money again on forex trading and a guide to trade again in your favorite MT4/MT5 trading platform or whatever you use. If I'm right about this and you are interested to learn about forex basics, then you are really a smart guy who cares about what do things. Anyways, you're no more talking let's start.
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#6
But, the thing is 95% of newbies can't earn back from their first few investment/deposit. It's not wondering for me if you got shocked by reading this. I can assure you, probably you've already lost a few bucks and started to look for the way, the right way to trade here.Smart guys hate being greedy. If you found yourself greedy now, please be cautious!! It never that much easy! If it so then why your acquaintance isn't known/trade here? So don't think it's too easy and you can grab a big amount of cash from it. A good number of risk here, and if you don't think about it, you are gonna lose your capital.
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#7
You will earn 20% in maximum - when you're a regular trader. The average percentage is 10% of a single trade. I do 8 – 12% depending on the financial market. I know a few guys who made 200% from a few trades. Do you know? Then what happens - lost 300% on a single big bump. Unfortunately, they were greedy, and those guys don't like forex now. Trading is so far!Yes, learning is a must know things. You will get a few strategies from my next posts about learning the industry facts. You must, need to know what makes candle moves. How it goes thaAAA-t much high and too---------o much down. There are many things to impact on Meta Trader's candlesticks/bars are works for it. As you already can guess, economy/financial factors do things matters.
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#8
Westernpips Group is a high-tech company which has been developing software for FOREX market as well as CFD’s and also the crypto currency market with the help of their proficient team members. Currently, the software of this company comprises of largest liquidity providers and has been created for the arbitrage trading.
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