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New Traders Forum

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Forum Help

By Imamul Oct 11, 2019 at 07:04

Understanding and learning about trading are very important because you can't earn anything without knowledge and experience.

4 Replies 504 Views

Last post by LyudmilLukanov Dec 31, 2021 at 01:39

Day Trading The Currency Market – Technical And Fundamental Strategies To Prof

By eavnmarket Dec 02, 2021 at 03:55

Who is the author of the book?

2 Replies 464 Views

Last post by SofieAndreasen Dec 08, 2021 at 21:31

How long do you test you Manual Strategy before going live?

By CROforce Dec 08, 2015 at 07:38

According to my memory, I tested strategies and tried to trade on demo account for couple of days. When I finally understood that I was ready for live trading, I deposited money to my broker platform and started trading.Everything because I had theoretical base on that moment. So, if you understand that you don't know enough information about t...

30 Replies 2,878 Views

Last post by TomBrunt Dec 04, 2021 at 15:32

To Demo or not to Demo

By street_pips May 11, 2021 at 20:15

Take money out of the equation for a moment (although you should treat a demo like it's real money in my opinion). What basis do you have the the strategy you have has an edge if you haven't tested in demo? It is a vital part of the process and skipping it only sells you short. There are no shortcuts.

35 Replies 2,033 Views

Last post by sebking1986 Dec 02, 2021 at 10:32

Which broker you can trust & run EA

By Prv88 Mar 27, 2020 at 06:25

In general, try to get a broker that is under UK and Australian regulations. Since I'm Canadian, I put my EAs with brokers that are CIPF insured (https://www.cipf.ca/member-directory/current-cipf-members).

35 Replies 2,719 Views

Last post by cgasucks Nov 24, 2021 at 13:45

Understanding Market Orders

By Craden20 Aug 30, 2015 at 14:25

Market orders are orders that are executed immediately when the desired price is met. A market order is just like it sounds, you put in your bid and an asking price, and the system acts as soon as it can to fill that trade at a most favorable rate. Most commonly, they are used for short term moves in a currency pair. Understanding how market orders...

5 Replies 928 Views

Last post by miguelcaron Nov 24, 2021 at 04:41

How to check Max drawdown of an account?

By abdullah7557 Nov 23, 2021 at 11:34

You are right many thanks dear!

4 Replies 868 Views

Last post by abdullah7557 Nov 23, 2021 at 12:37

What do you wish to achieve through forex?

By trendfollowers Feb 19, 2016 at 16:52

I have a strange desire to be the best of the best. I try to do it in very activity even if I can't do something. So, my answer on this question is pretty simple. I just strive to be the best in trading activity. I know that it's impossible and there are no such catgories in trading, like the best traders, because everything is measured in ...

231 Replies 10,694 Views

Last post by Zolom Nov 19, 2021 at 14:35

How to Successful Forex Trading Mindset?

By tts_markets Jul 30, 2020 at 12:15

Traders can make up their mindset to do the best they can in forex trading. It's a challenge, but they can achieve it if they still think they have a chance to win and have the discipline to follow their rules. A positive attitude also helps them to have an appetite for winning in forex trading.

46 Replies 2,928 Views

Last post by miguelcaron Nov 17, 2021 at 05:53

Trend Definition

By forex_trader_294488 Jan 19, 2016 at 07:41

A trend is a long-term tendency for prices to move in a certain way. Long-term, short-term, upward, downward, and even sideways trends are all possible. The investor's ability to spot trends and position themselves for profitable entry and exit points is critical to their success in the FX market.

9 Replies 665 Views

Last post by AliForexTalks Nov 13, 2021 at 16:20

Expert Advisors vs. Signal providers vs. AutoTrade... how to chose?

By forex_trader_306864 Feb 19, 2016 at 20:38

Forex signals themselves are completely legal, and the legal status of the company is nothing to do with you, so you're in no hot water from using the service

1 Replies 697 Views

Last post by AliForexTalks Nov 13, 2021 at 16:19

Correlations

By JohnKavanag50 Apr 03, 2016 at 06:49

Currency correlations or forex correlations are a statistical measure of the extent that currency pairs are related in value and will move together. If two currency pairs go up at the same time, this represents a positive correlation, while if one appreciates and the other depreciates, this is a negative correlation.

4 Replies 767 Views

Last post by AliForexTalks Nov 13, 2021 at 16:17

MM vs ECN, one question still not asked

By forex_trader_318221 May 02, 2016 at 06:47

Thank you for sharing

3 Replies 662 Views

Last post by AliForexTalks Nov 13, 2021 at 16:16

Shorting the GBP/USD

By InvestorsEd Apr 07, 2017 at 11:03

Shorting (or 'selling') the pound means taking a position that will earn you a profit if the value of the pound goes down in relation to other currencies. Selling is the opposite of going long (buying), which means taking a position that makes profit if the pound's market price increases.

17 Replies 770 Views

Last post by AliForexTalks Nov 13, 2021 at 16:13

Forex Security of Funds

By mattfern Jun 03, 2018 at 06:43

Segregation of money is required of FCA-authorized payment institutions. This keeps your money separate from your broker's, ensuring that if a forex broker goes bankrupt, your funds are safe in a segregated account (known as a "safeguarding account").

2 Replies 555 Views

Last post by AliForexTalks Nov 13, 2021 at 08:07

GBPCHF

By paidsignals Jul 31, 2018 at 08:32

GBP/CHF is the abbreviation for the British Pound and Swiss Franc pair. It shows how much the GBP (base currency) is worth as measured against the CHF (counter currency). For example, GBP/CHF = 1.2362 indicates that one British Pound can buy 1.2362 Swiss Francs.

4 Replies 584 Views

Last post by AliForexTalks Nov 13, 2021 at 08:04

AUDUSD

By paidsignal Aug 03, 2017 at 06:58

The Australian to US dollar (AUD/USD) pairing, informally known as the 'Aussie', is a popular forex pair and represents around five percent of the entire fx market by volume. Day traders can often witness high levels of both volume and volatility due to the interest rate disparity of both currencies.

73 Replies 3,578 Views

Last post by AliForexTalks Nov 13, 2021 at 08:03

new to this site just here for indicators

By robg24 Aug 15, 2020 at 08:43

Well, of course you can find any indicators which you want and combine them the way you want, however all the indicators as a rule are available from brokers. If you found a broker, then it perhaps offers indicators for trading. Indicator is an inevitable part of every kind of trading activity, even those traders who like fundamental analysis and l...

8 Replies 735 Views

Last post by Staran Nov 12, 2021 at 12:37

Seprating 1 hour strategy and 4 hour strategy

By kingsanjose Jul 13, 2019 at 04:50

Of course it's a good idea to seperate accounts where you are going to use various strategies for different timeframes. However, every trader decides by himself what is more convenient to him. For example, if you understand that you can trade on one account with several strategies on different timeframes, then you can do it. Moreover, H1 and H4...

6 Replies 732 Views

Last post by Brocomos Nov 12, 2021 at 12:36

Trend reversal TRADE SET UP: #NZDCAD

By sarfarajpatel Feb 24, 2020 at 12:16

Well, it's kinda difficult to determine trend reversals when you have no idea how the trend is being created by market makers. There is supply and demand, when the supply is higher than demand, then the price goes down, when the demand is higher than supply, then the price goes up. That's how candles are being created actually. For trend re...

3 Replies 642 Views

Last post by Bush_d Nov 12, 2021 at 12:34

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