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How to detect a move of X pips with no correction of Y pips?

Genom yanivavforex Aug 15, 2022 at 14:24

Hi,I'm looking for a programmatic way to check if the instrument has moved X pips with no correction of Y pips.For example, a move of 100 pips with no correction of 30 pips on the way.Thanks.

0 Replies 318 Utsikter

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Famous Traders and Investors, what to think of them

Genom niceGLer Dec 12, 2019 at 09:22

You're right. You know some cunning people always claim "The wisest people are those ones who learn on someone's mistakes, but not on their own ones". I can agree with this statement partly, because I can't underst estimate the essence of the own mistakes. You can learn on someone's mistakes, but the most effective way to ...

29 Replies 2,035 Utsikter

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There is a proverb that practice

Genom Michihito Mar 02, 2021 at 03:58

indubitably. no practice - no success, it was tested by many traders who were theoretical geeks but when they were asked to open the platform and start trading, they did nothing just dumping their funds. it's so silly. i would even state that practicing prevails over the learning, as the learning gives traders only the understanding of how the ...

63 Replies 3,515 Utsikter

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Market Makers

Genom forex_trader_479285 Aug 12, 2022 at 08:50

Anyone noticed how much manipulation has recently been going on, namely in the Gold Spot and Gold Futures Market? Fed recently increased Interest Rates by 75 Base Points and Gold begins a 1200-Point Rally. I know people will blame it on the Algos etc, but I don't think that's true, Algos in the form of HFTs Buy and Sell HARD momentarily, an...

0 Replies 257 Utsikter

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Indicators are useful but

Genom UweMoench Dec 17, 2020 at 08:13

That’s true! The only thing you can fully trust is market analysis. Indicators do make it easier for us to decide upon entry and exit levels. But using too many indicators or relying too much on them would only make trading harder for us!

64 Replies 3,818 Utsikter

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Most people fail because

Genom Michihito Oct 04, 2020 at 11:33

Most people fail because they don’t take forex trading seriously. They think that forex trading is very easy or that forex can make them earn money in no time. They don’t practice and learn for long enough and fail.

77 Replies 4,743 Utsikter

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Is stock trading and forex trading different?

Genom alex159753 Oct 31, 2019 at 09:21

One of the differences is that Stock trading does not provide much liquidity. Whereas forex trading provides a high level of liquidity.

27 Replies 2,259 Utsikter

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PH&F move on...

Genom pymehelp Jul 29, 2022 at 09:39

In the HeatMap (heat map) of world stocks, they show the highest rises in DARK GREEN... Amazon gave a 1.08% profit in the last 24 hours thanks to summer purchases....The CAI (Active Investment Portfolio) of Cryptos (Crypto Bond PH007) of PymeHelp & Finances, gave in the last 24 hours a 1.86% profit in a bear market...“Audited at MyFXbook&...

0 Replies 241 Utsikter

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Trading for the long-term

Genom LyudmilLukanov Apr 21, 2022 at 07:09

I would advise having solid and thorough knowledge of forex trading if you want to succeed as a long-term trader in the market. You should also improve your trading techniques as they are one of the most crucial factors in succeeding in the forex market. So start learning more about trading in order to have good experience.

30 Replies 1,747 Utsikter

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Selling of profitable EA make sense!?

Genom forex_trader_318221 Sep 04, 2016 at 12:52

I think it's a good point that nobody with a magic EA is going to sell that secret. There are some good ones out there, but the sellers are making a profit from buyers, whether they have a really good EA or one that isn't that great. They're all going to tell you that theirs will change your life, because they really just want to get th...

34 Replies 3,068 Utsikter

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Are Introducing brokers good or bad ?

Genom thubajumbe May 23, 2022 at 12:45

If you use the broker and they have always been solid and reliable for you and you've worked to gain an audience then there is no harm in recommending them and making some money off of it if anyone uses your link. Just be honest that it's an IB and don't hold it against people if they don't use it. The problem arises where people us...

3 Replies 643 Utsikter

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Daily time spend on charts as a beginner

Genom StefanVanderty Jul 16, 2022 at 14:05

Profit is the result of knowledge, pursuit, good strategy and proper way of trading. But when we see the lacking of good knowledge among traders.

3 Replies 466 Utsikter

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The secret behind Trade, lies in the meaning of the word

Genom giannis Jul 05, 2022 at 06:44

There are some traders who prefer mt4 whereas some others prefer mt5. Mt5 platform is slight updated than the mt4.

5 Replies 618 Utsikter

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euro

Genom DridiAli Jul 14, 2022 at 15:11

1 Replies 162 Utsikter

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Fx winning

Genom ShaheenHays Jul 01, 2022 at 12:14

If a business is able to bring at least a cent, it means that under certain conditions, this is a possible income.One of these conditions on forex is a trading system, the second is a trader, the rest are sequential.

4 Replies 698 Utsikter

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Forex is not scam

Genom UweMoench Mar 25, 2021 at 14:34

Market analysis is a big part of trading, which is of two types including fundamental and technical analysis. Besides that there are some other traders who prefer price action trading, meaning taking a conception over the market seeing the candlestick pattern. I appreciate this type of trading.

66 Replies 3,602 Utsikter

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How to learn forex trading?

Genom NewCityTrader Jul 03, 2022 at 06:16

The thing is though that even a strategy followed will still need tweaking by the individual and that takes time. While sometimes getting a mentor can be useful I think it can be like having your parent teach you to drive with all their bad habits before you take a test and you end up having to unlearn first before you re-learn. As such, while it t...

1 Replies 501 Utsikter

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Retaining motivation

Genom Tilokvarma May 27, 2022 at 06:44

It should be clarified that motivation is not always perceived from the correct point of view. If you mean courage, then it just often interferes with trading. Proper motivation should always be derived from confidence and control. If you are confident in your trading system, trading plan and risk management, then you are motivated. If for some rea...

3 Replies 536 Utsikter

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Do each of us only complete day trades? Will the trend trade be done?

Genom wy0937 Jun 19, 2022 at 05:48

Do you have examples of your trading?Trading stabilization is a long-term process of setting up a trading system. It would be easier to help you (if it is possible) if you would show a specific example of your trading, or describe your trading system, perhaps show us your vision on the example of technical analysis. Anyway, if you don't have st...

10 Replies 573 Utsikter

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Newcomers and demo trading

Genom Mohammadi Sep 26, 2017 at 14:46

It is very essential to trade in a demo account to gain an in-depth knowledge about the market and understand the market behaviour deeply. Not only do demo trading give you experience but also they save you a lot of money. Imagine trading directly in a live account and losing your money!

157 Replies 7,522 Utsikter

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