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mdsh7864
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Pound Euro (GBP/EUR) Exchange Rate Falls following Final PMIs
in
General
Dec 05, 2021 at 07:23
The Pound Euro (GBP/EUR) exchange rate has slipped yesterday amid a risk-off market mood and the release of the finalised composite PMIs for both the UK and the Eurozone. GBP/EUR was trading at around €1.174, down over 0.2% from yesterday opening level of €1.1777.
GBP/USD LONGS HEIGHTEN DOWNSIDE RISKS.
in
General
Nov 02, 2021 at 07:16
In the latest COT report, covering the week to October 26th, speculators reduced long exposure to the US Dollar for the third consecutive week as net longs fell $1.9bln. However, as I said in the prior week, the move looks to be an adjustment in positioning as opposed to a renewed downtrend in the greenback. With the Federal Reserve scheduled to taper QE purchases and Chair Powell beginning to flag inflation risks persisting longer than initially expected, the greenback is likely to retain a bid, particularly against low yielders.
Crypto-currency market changes and gold news.
in
Crypto
Oct 13, 2021 at 11:57
Thank you
Palm Oil Prices Hit Record High
in
General
Oct 05, 2021 at 12:54
Malaysian palm oil futures continued to rise and hit a record high of MYR 4,742 per tonne in October, after gaining 8% in September, amid tight supply and prospects of strong demand. Palm oil inventories in Malaysia are seen falling in September from a 14-month peak in August, due to rising exports mainly to India ahead of the festival season. At the same time, Indonesia raised its palm oil export duty for September to $166 a ton from $93. Meanwhile, palm oil is also benefiting from soaring energy prices amid a global energy crisis.
Crypto-currency market changes and gold news.
in
Crypto
Sep 23, 2021 at 13:43
A lot can change in the cryptocurrency markets in two months. Avalanche and its native cryptocurrency – AVAX – are prime examples.The token traded around $9 during the market-wide crash on July 20th but surged by triple-digits in this timeframe to reach a new all-time high at nearly $80 earlier today. This came after numerous consecutive records last week, before the market-wide crash.On the other hand, The gold futures contract gained 0.0.3% on Wednesday, as it fluctuated within a short-term consolidation following last week’s Thursday’s decline of 2.1%. On Thursday a ...
Common mistakes
in
General
Sep 22, 2021 at 18:23
These are the best forex trading tips and skills every forex trader needs to be aware of:1. Be clear about your goals2. Plan ahead3. Leverage day trading4. Select the appropriate trading platform5. Study the market6. Know about market correlations7. Entry and exit8. Rely on facts and not emotions.9. Choose the right forex forum
Common mistakes
in
General
Sep 20, 2021 at 19:52
The exchange market (forex) is fashionable traders for varied reasons. It’s highly liquid – with quite $US 5 trillion on the average traded a day – is open round the clock Monday to Friday and is stable enough for brokers to supply leverage (meaning traders can borrow more against their capital) on trades.The drop off rate for forex traders is substantial. In fact, evidence suggests that as many as 95% of would-be traders last no quite a couple of years.Here are some common mistakes, that Forex traders makes:1. Overconfidence: Although in Forex it's necessary to act confi...
Purpose of demo trading
in
General
Jun 21, 2021 at 07:59
Demo trading is very important for the new traders. When a newbie start trading with demo account, then he can get proper knowledge for real forex trading. So It's very important for newbie.
Most traders don't get success
in
General
Jun 19, 2021 at 08:36
Most traders Don't get success because, they Don't have proper knowledge about forex trading.
Mt4-250146456
in
Trading Systems
Jun 19, 2021 at 08:35
Yes demo account is one of the good way for learning forex trading.
NCM Conservative
in
Trading Systems
Jun 19, 2021 at 08:33
Thank you so much for your valuable information and knowledge.
How can we get back funds from a broker?
in
General
Apr 23, 2020 at 17:11
Hi,Actuary its very bad situation when a broker doing to fraud with you. You can follow some rules for get back your foundTraders try in various ways to “fight” for stolen, in their opinion, funds, including hiring lawyers and lawsuits on offshore islands. The only effective option for the return of the deposit is the chargeback - a forced transaction reversal initiated by international payment systems.Hope its helpful for you.Thank you..
What is Pip ?
in
New Traders
Apr 23, 2020 at 13:58
Hi,Actually i am also a new trader in forex. But i research more and i learned that, pips is a symbol of changing rate. If rate change low or high then its called one pip change.
Successful trading
in
New Traders
Apr 23, 2020 at 13:55
Hi,If i lose 90% then how will i recover it. It's obviously not possible that always i suffering loses. So, do you have any way for without loses trading. I know lose is a part of trading. But Its not possible all time.Thank you..
90% are loser ..why ?
in
New Traders
Apr 23, 2020 at 13:50
Yes, i am also a new trader. I want to learn about real forex trading. Which trading is best for new traders? Binary option trading or normal trading? I just research and known that there are three analysis has in trading. Technical analysis, fundamental analysis, sentimantal analysis. So which is most important for newbie?Please help us?Thank you..
Darwin TVS
in
Trading Systems
Apr 21, 2020 at 14:54
Hi,I am a new member of forex trading and myfxbook. I want to learn about TAT system. I don't know what is TAT system. I want to learn so that, no one provide me fake advise for selling fake EA. So could you please tell me more about TAT system. Thank you..
Set you target and goal
in
New Traders
Apr 21, 2020 at 14:48
Hi,Yes, its right, every traders need to set up a goal for forex trading. After set up your goal you need to work hard for Implementation your dream. I also a new trader. I need to learn many things about forex, and i start to aks my trading related question with expert traders. My goal is to be a successful traders. I see many traders who lead a happy and joyful life with trading. Moreover i also see many traders who lost their all in forex. But i don't want to lost my all invest. So i need to learn more about forex then i will start forex trading. Thank you..
Luck is important
in
General
Apr 20, 2020 at 16:45
Hello,Luck is important, right, but Its very important in our normal life, not trading business. Because if you have no knowledge, no experience, if you don't do practice, no interest then just luck don't do anythings in trading. Trading market don't know who are you and what is your luck. So, in forex trading Its not right luck is important, first you need to learn more about forex trading, you need to collect all trading update, you need to practice more and more, after you can say about luck. But i think then you don't need to talk about luck. Because if you follow these...
Read This Before Investing.
in
General
Apr 18, 2020 at 12:39
Hello,Thank you for giving the valuable advise. Yes you are right. We need to follow this tips and rules before strating forex trading. Trading is a risky business. Some people said that they loses their money on forex trading, but first they need to know what is forex and how can they earn from trading. I think some people don't know this ans they were loses their money. Knowledge, technique, practice, research, communication, find good buyer all these things needed for trading. For Its right that we need to follow abd read this tips and rulea before starting trading.Thank you..
Is forex is best source of income?
in
New Traders
Apr 16, 2020 at 12:02
Hi,Actually forex is the best source of income or not it's depended on you forex related knowledge and your forex activitys. If you have experience on forex trading then you can earn more from this site. Actually forex trading is like a risky business. On this business who have enough knowledge, and technique he/she can earn more money form form trading. So, you need to learn more and more about forex for earning more money.Thank you..
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