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fxpartyguy

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Posts posted by fxpartyguy


  1. at ECN account are got more cheap one, got 10 pips gold spread with my Tickmill ECN account. with these low spread rate, intraday gold trading are more easier to be done, since gold swap are cost more than currency pair.

     

    10 pip at gold? That's really impressive! What about comission? is it applied or 10 pip is spread +tickmill markup?


  2. Learn basics trading on demo and then jump it to live.

     

    I always do demo trade before decide on some brokers platform, as well applied my indicator within their platform. for past 2 years I already use several brokers platform ( all mt4 platform). what I concern is different brokers platform seem giving different indicator reading, for example I currently use Tickmill trading platform and attach my indicator on it, one times it's clearly shown an order confirmation signal, but when I check into other account with ikofx it's shown different reading, as entry signal not yet confirmed. any suggestion what should I do to reduce this confusion, i used different brokers platform in order to clarify market price signal. should I keep use both to compare signal strength, or move only use one of them ( which one should i keep then?)

    furthermore, what cause of this reading difference, and which signal confirmation should I follow, need a validation from any expert traders here, i believe any expert already use many brokers platform, at many brokerage service.

    thank's in advance.


  3. Gold is still in the consolidation phase around 1191.15-1221.13. Note the resistance 1221.13 and support at 1191.15. Gold potentially will resume weaken towards the range 1172.63-1142.65 if successfully penetrate the support 1191.15. Beware if gold broke through 1221.13 resistance, because it can open up the possibility of targeting support at 1239.65-1251.11 rose gold.

     

    As I observed in my mercerfx platform, Technically XAUUSD still tend to lead to lower recall is still in a phase of consolidation and remain in the medium term decline groove with its position that until now still under the medium-term declining trend line.


  4. Investopedia is one of the best, I agree

     

    a lot of references that can be found there, especially for a beginner like me. This helps me to get more input experience and theory are useful to run my trading account in mercerfx. Some brokers website also features educational center which is very useful for beginner traders.


  5. Two factory workers are talking. The woman says, "I can make the boss give me the day off." The man replies, "And how would you do that?" The woman says, "Just wait and see." She then hangs upside down from the ceiling. The boss comes in and says, "What are you doing?" The woman replies, "I'm a light bulb." The boss then says, "You've been working so much that you've gone crazy. I think you need to take the day off." The man starts to follow her and the boss says, "Where are you going?" The man says, "I'm going home, too. I can't work in the dark.


  6. Great to here friends,

    I want to learn best forex trading. So anyone who have good experience, plz share some knowledgeable Fx trading tips here.

    Tips must be relevant to anyone looking make a second online revenue in Forex trading.

     

    First and most important advice - find some solid regular offline income, because I'm sure trading will suck out lots of bucks from you :)


  7. Here are some tips for you :)

     

    Step 1. Define your goals and then choose a style of trading that is compatible with those goals. Be sure your personality is a match for the style of trading you choose.

     

    Step 2. Choose a broker with whom you feel comfortable but also one who offers a trading platform that is appropriate for your style of trading.

     

    Step 3. Choose a methodology and then be consistent in its application.

     

    Step 4. Choose a longer time frame for direction analysis and a shorter time frame to time entry or exit.

     

    Step 5. Calculate your expectancy.

     

    Step 6. Focus on your trades and learn to love small losses.

     

    Step 7. Build positive feedback loops.

     

    Step 8. Perform weekend analysis.

     

    Step 9. Keep a printed record.

     

     

    Can you please provide specific examples on your tips? ;) All your reasonings would be much interesting providing that you include some practical information..

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