Forex is profitable ?
Menjadi Anggota Sejak Aug 27, 2017
875 postingan
Jan 29, 2019 at 12:56
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames
No; h1 is not known as the longer time frame; H4 & above are known as longer time frames.
keeping patience.......
Menjadi Anggota Sejak Jan 31, 2019
15 postingan
Jan 31, 2019 at 12:26
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames
Time Frames up to H1 is a short and medium tf for scalp, day and swing trading. h4 and more is about fundamental, I suppose, but technicals can use it to see the general movements.
The AI is the future.
Menjadi Anggota Sejak Sep 19, 2018
6 postingan
Feb 01, 2019 at 10:16
Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames
Well, H1 is very fine because you can see clearly what did happen in previous sessions. ( American and Asian )
Ranges are very clear and also you can check Daily patterns on H1.
I use smaller timeframe for trigger.
But if you are a new trader, a strongly suggest you to avoid Time frame < M15
There is too much noise and the spread will kill you.
I don't use H4 at all.
Menjadi Anggota Sejak Feb 01, 2019
9 postingan
Feb 03, 2019 at 07:26
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4
Menjadi Anggota Sejak Apr 18, 2017
700 postingan
Feb 03, 2019 at 08:16
BenTrader posted:Demetriof posted:
Would you say that 1h time frame is too short? I thougt that would be considered a longer time frame. I thought that M15 or M5 were short and 1H and above were generally considered the longer time frames
Well, H1 is very fine because you can see clearly what did happen in previous sessions. ( American and Asian )
Ranges are very clear and also you can check Daily patterns on H1.
I use smaller timeframe for trigger.
But if you are a new trader, a strongly suggest you to avoid Time frame < M15
There is too much noise and the spread will kill you.
I don't use H4 at all.
Agree with your opinion on the lower time frames! Yes, no doubt H1 is a good choice but H4 is the key to the long term traders.
Menjadi Anggota Sejak Aug 05, 2017
289 postingan
Feb 03, 2019 at 14:42
Jdimitrov posted:
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4
I like H4
Menjadi Anggota Sejak Jan 25, 2010
1288 postingan
Feb 05, 2019 at 07:43
95% of traders lose because they don't trade correctly
Menjadi Anggota Sejak Jan 25, 2010
1288 postingan
Feb 05, 2019 at 09:52
Where's the video gone??
?t=3810
?t=3810
Menjadi Anggota Sejak Jan 25, 2010
1288 postingan
Feb 05, 2019 at 09:52
Joseph Nemeth has a lot to say on this subject.
Menjadi Anggota Sejak Feb 05, 2019
43 postingan
Feb 05, 2019 at 11:13
forex should be considered as a job for everyday and should not be considered as fast money and gambling.
my experience is my profit
Menjadi Anggota Sejak Sep 19, 2018
6 postingan
Feb 07, 2019 at 13:03
Yep, Traders who lose money don't trade correctly.
Trading is simple when you understand a few basic things.
Trading is simple when you understand a few basic things.
Menjadi Anggota Sejak Dec 28, 2013
160 postingan
Feb 07, 2019 at 14:52
Jdimitrov posted:
Why don't you use H4? I also have never used it mainly because it seems like a weird in-between time frame but I have noticed some very reliable trade formations recently on H4
I use H4 mainly for support & resistance analysis.
Menjadi Anggota Sejak Nov 09, 2018
204 postingan
Feb 10, 2019 at 07:22
BenTrader posted:
Yep, Traders who lose money don't trade correctly.
Trading is simple when you understand a few basic things.
Nice expression. Could you share your simple basic things?
(This is a rhetorical question)
P.S. "understand" is not "adhere".
#AnthonyWins
Menjadi Anggota Sejak Aug 09, 2017
598 postingan
Feb 10, 2019 at 07:23
So many new Forex traders try to make money from here without learning. As a result they become loser due to lack of exact trading knowledge. It’s a common thinking. I think by and large lose because they trade with emotions and don’t know how to manage money in Forex.
Menjadi Anggota Sejak Jun 10, 2017
33 postingan
Feb 11, 2019 at 06:47
Forex is profitable as long as you have a decent system for managing risk, aim too high and you will burn.
Menjadi Anggota Sejak Aug 09, 2017
598 postingan
Feb 11, 2019 at 11:05
We can start Forex in a proper way, if we want to be a professional. Babypips School is the first choice of learning and besides this demo account must which is mainly considered the foremost place to acquire real basic knowledge which is very supportive to kick off a live account in a proper way.
Menjadi Anggota Sejak Jan 17, 2019
10 postingan
Feb 11, 2019 at 12:46
babypips is ok but it is very basic. I also think that it makes Forex sound simpler than it really is. There is a lot of analysis required for Forex and babypips just scrapes the surface
Menjadi Anggota Sejak Feb 10, 2019
52 postingan
Feb 12, 2019 at 07:03
If people are consistently doing it then that answers the question surely?
Menjadi Anggota Sejak Jan 23, 2019
9 postingan
Feb 12, 2019 at 09:53
What do you mean? Profit?? People are consistently making losses in Forex. Most people cannot make profit. It is difficult to find anyone who make consistent profit at this game
Menjadi Anggota Sejak Jan 11, 2019
140 postingan
Feb 13, 2019 at 07:34
Forex is profitable as long as you are using the right strategies to place the trade. You must be completely aware of all the terminologies before placing trades in the live environment. The leverage, spreads should be kept in consideration before placing any trade. The best option to learn about the forex market is to place as much trades as you can on the demo account so that you can become familiar to market conditions, its liquidity, and volatility. Choosing a right broker also plays an important role in forex as the money makers make money when the traders lose, so in order to earn more profit, search for a pure ECN broker with lower spreads.
