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Widening Spread. How to use it in trading

de ATAS_Official Jun 13, 2023 at 13:05

Why does a spread widen? Let’s try to figure out a widening spread togetherWHAT IS A SPREAD?A spread is the difference between the best bid and ask. In other words, the spread is the distance between:- the highest price a buyer is ready to pay;- the lowest price at which the seller is ready to part with a financial asset (futures contract, st...

0 Replies 362 Vues

Dernier message de ATAS_Official Jun 13, 2023 at 13:05

using a fixed profit target or employing a trailing stop approach

de NathanialChen May 23, 2023 at 21:57

Hi NathanialChen! Ah, the eternal debate between fixed profit targets and trailing stops. Let's dive into this intriguing topic.When it comes to capturing potential further gains, both approaches have their merits. Here's my take on them:Fixed Profit Target: This approach involves setting a predetermined level at which you plan to exit your...

2 Replies 546 Vues

Dernier message de ForexTradingStor Jun 09, 2023 at 13:39

Does Forex Sentiment work at all?

de murphyfx Nov 17, 2022 at 07:21

Hi murphyfx! Leveraging forex sentiment can be a valuable tool to enhance your trading decisions. Let's explore some ways you can use forex sentiment to nourish your trades:Sentiment Indicators: Keep an eye on sentiment indicators, such as the Commitment of Traders (COT) report, which provides insights into the positioning of institutional trad...

2 Replies 769 Vues

Dernier message de ForexTradingStor Jun 09, 2023 at 13:33

trading mindset

de Ethanishere Jun 05, 2023 at 04:40

Hi Ethanishere! Great question about the trading mindset, especially when we're not in a winning position. Let's dive into it!First off, it's important to acknowledge that trading is a roller coaster ride, full of ups and downs. We all face losing trades at some point, even the most experienced traders. So, how do we handle those moment...

3 Replies 488 Vues

Dernier message de ForexTradingStor Jun 09, 2023 at 12:53

patterns or chart formations in sideway

de NathanialChen Jun 06, 2023 at 23:10

Hi NathanialChen! Ah, sideways markets, the bane of many traders' existence. But hey, even in those choppy waters, there are still patterns and chart formations that we can keep an eye out for. Here are a couple of commonly observed ones:The Rectangle Pattern: This is a classic pattern you'll often spot in sideways markets. It's charact...

3 Replies 525 Vues

Dernier message de ForexTradingStor Jun 09, 2023 at 12:41

technical or fundamental

de maya95 May 29, 2023 at 23:58

Hello maya95! It's a classic question: technical analysis or fundamental analysis? Well, personally, I'm a fan of technical analysis, and here's why:Technical analysis is like my trusty sidekick. It focuses on studying price charts, patterns and indicators to make investment decisions. I find it fascinating how historical price data can...

8 Replies 589 Vues

Dernier message de ForexTradingStor Jun 09, 2023 at 12:37

FXCM

de JohannM Jun 09, 2023 at 09:44

Hi, is there anyone from South Africa on here that has had experience with FXCM (or is still using them)? I want to open an account with them so that I can link my Tradingview account with the FXCM account and trade directly from Tradingview, but some of the reviews I saw on google is not good

0 Replies 256 Vues

Dernier message de JohannM Jun 09, 2023 at 09:44

Tag Counting

de JoeffrenzBadal Jun 02, 2023 at 03:09

To efficiently count tag occurrences in Myfxbook, review your trade history and manually note down the frequency of each tag. Alternatively, export the data to a spreadsheet and use functions like COUNTIF or Pivot Tables for automatic calculations

3 Replies 450 Vues

Dernier message de PaulinaWagner Jun 08, 2023 at 17:50

How indicators improve ICWR strategy

de ATAS_Official Jun 05, 2023 at 14:48

The strategy developers write that it works equally successfully both on intraday and longer timeframes.Rules of the trading strategyThe strategy uses Fibonacci retracement levels and RSI indicator. The main idea is to:enter into the current trend movement on retracement;enter into a new trend movement after reversal.Algorithm of the strategy appli...

0 Replies 316 Vues

Dernier message de ATAS_Official Jun 05, 2023 at 14:48

Trading Ideas

de therealprovider May 31, 2023 at 12:49

Here to share some trading ideas....

0 Replies 391 Vues

Dernier message de therealprovider May 31, 2023 at 12:49

FIRST POST

de GBPUSDHUNT312 May 29, 2023 at 04:57

Share forecast xauusd and gbpusd

0 Replies 391 Vues

Dernier message de GBPUSDHUNT312 May 29, 2023 at 04:57

Lirunex

de JamalAn23 May 24, 2023 at 07:24

Hi traders. I am very new in trading. still looking for one good trading platform and I found one for now that attracts me, Lirunex. anyone have traded using this platform? I need some assistance on this. thanks.

0 Replies 316 Vues

Dernier message de JamalAn23 May 24, 2023 at 07:24

Consulting (trend verification/approval) firms

de Neighbour May 23, 2023 at 09:47

Hi,I have a question. I've been using few different brokers for Forex trading and everywhere, without a single exception, I lost ENTIRE balance on account. On the latest broker, this happened for three consecutive times. The third time was just yesterday. Everywhere, without a single exception, my balance was gone, entire balance. Absolutely ev...

0 Replies 319 Vues

Dernier message de Neighbour May 23, 2023 at 09:47

effective technical indicators

de NathanialChen May 21, 2023 at 13:16

HELLO.How did you find them? any experience?thanks in advance.

2 Replies 412 Vues

Dernier message de NathanialChen May 22, 2023 at 21:32

EURUSD SELL AT 1.0850

de wratey1999 May 19, 2023 at 09:26

RECENCT BREAK OF PREVIOUS STRUCTURE LOOKING TO RETEST AND REJECT OFF THE .618 FIB ASWELL AS SHORT DIVERGENCE IS COMING INTO SHAPE LOOKING TO SELL AT AROUND 1.0850 WITH A 20 PIP STOP.

0 Replies 291 Vues

Dernier message de wratey1999 May 19, 2023 at 09:26

Steps to be a good forex trader

de forex_trader_3226709 Mar 24, 2023 at 14:42

Hi everyone, if I can share my experience I must say: Trading is not easy, but is accessible for everyone. it is always good in my opinion, not buy courses or books... it won't work but to start with a demo first, then find a real Successfull trader get in touch, and work toghether through giving him an account to manage... this way you can se...

11 Replies 798 Vues

Dernier message de therealprovider May 19, 2023 at 08:40

I need help

de zeu999 May 17, 2023 at 18:25

Hello!I have a problem and I need your help in finding a page with stock exchange shares that functioned on the Polish market in 2010-2013, but I am aiming for 2010-2011.Well, in these years I bought Bitcoin and years later I remembered about it ...I can't remember the website I registered on at the time. I remember that the registration was in...

1 Replies 329 Vues

Dernier message de zeu999 May 17, 2023 at 18:25

Leverage inquiry

de Nikafiqah May 17, 2023 at 08:57

For newbies, I don't think such high leverage is a good thingQuick to earn and quick to lose

2 Replies 480 Vues

Dernier message de EmilyLee May 17, 2023 at 09:51

I am a beginner and do not know how much to start trading

de MellStroy Apr 19, 2023 at 10:38

@lexusxxx Copying signals to a demo account is doable, but it doesn't make much sense to do soIf you are interested in learning more, PM

9 Replies 662 Vues

Dernier message de EmilyLee May 17, 2023 at 07:25

How disable the button copy button when i share my audit account link

de Fernando4forT May 15, 2023 at 13:36

Hello Fernando4forT and DeanteSection,Once you make your system public, the copy button cannot be hidden. Do note that this does not automatically offer your account as a signal to be copied, when other users will press the 'Copy' button, you will simply receive an invitation to add your account to signalstart.com - a trade copying service ...

2 Replies 471 Vues

Dernier message de Staff May 16, 2023 at 04:29

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Toutes les opinions ou conseils de marché fournis dans les sections communautaires ne sont pas nécessairement les opinions de Myfxbook ou de ses affiliés. Les commentaires et opinions postés sont ceux de traders qui peuvent ou non être expérimentés. Les commentaires ne sont pas examinés ou vérifiés par Myfxbook.com ou ses affiliés. Si vous choisissez de prendre des décisions ou de placer des transactions sur la base de ces commentaires, vous le faites à vos propres risques. Myfxbook et ses affiliés ne sont pas responsables des pertes encourues du fait de lutilisation du contenu fourni.

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