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  1. Astirewien

    Tips to be a successful Forex trader.

    1. Be aware of the risks. 2. Allocate capital. 3 Don't gamble. 4 Learn everything you can use in your work.
  2. Astirewien

    Is Practice in demo account enough for a beginner to become successful?

    It's not always enough in case you want to become successful trader. I believe the matter here is to have an ability to learn and practice properly. It doesn't depend only on demo trading. It depends on your ability to digest new information and collect and gather information. In my opinion...
  3. Astirewien

    AAFX Trading reviews

    On one hand, it’s really so, but be careful because someday market makers will punish you. Overconfidence is a painful pitfall in trading. Sometimes when you enjoy a series of profitable trades, you easily get used to this and euphoria comes and can take your money unexpectedly.
  4. Astirewien

    AAFX Trading reviews

    Did you trade anything?
  5. Astirewien

    AAFX Trading reviews

    I can assure you that there are not any special glitches associated with crosses here. You can trade them as majors and any other assets. Your fears about crosses are groundless. I can’t say that crosses are somewhat better than majors. I think it’s just a matter of preference. I noted right...
  6. Astirewien

    AAFX Trading reviews

    Why do you think that cross currency trading here should be abnormal?
  7. Astirewien

    What is a successful trade

    Successful trade means that you won the deal which you had opened. For example, if you opened long position on usd/gbp and the price grew, then you won the position and you can consider this trade as a successful one. Moreover, if you accidentally won the position, then you also made a...
  8. Astirewien

    AAFX Trading reviews

    You don’t need to be afraid of indices. Just monitor news and analyze indices on all timeframes to spot good entry points. As for higher spreads on indices, don’t be afraid of drawdowns that show up once you open a trade. If your market forecast is right, you’ll be in the green sooner or later...
  9. Astirewien

    AAFX Trading reviews

    I don’t see a problem in trading indices here. Indices are very lucrative tools. Many people find them much easier to trade than currency pairs because one doesn’t take into account nuances related to each currency in the pair. Instead, a trader should pay attention to the country’s economy the...
  10. Astirewien

    AAFX Trading reviews

    USD/JPY is a very technical financial instrument. It’s a real gift for those deeply interested in technical analysis. EURO can always set a slew of cunning traps and you can get in any of them at any time.
  11. Astirewien

    High leverage can cause...

    Quite agree with your words, high leverage really can cause huge losses in case you don't know how to comply with risk management and money management practices. I suppose that if you're a rookie in trading activity then you'd better stay off the idea of high leverage and actually leverages at...
  12. Astirewien

    Trading plan

    Trading plan is an essential part of trading. Each trader should test their trading plan and constantly modify in order to make it more accurate in predictions and objective, so that the trader will avoid any emotions which may affect the trading results.
  13. Astirewien

    AAFX Trading reviews

    The Bank of Japan keeps its interest rate negative, so the difference is in favor of the American interest rate. Therefore, it’s much easier for the evergreen buck to rise against its Japanese rival than to do this against the Euro.
  14. Astirewien

    AAFX Trading reviews

    I advise you to try USD/CHF too. When EUR/USD rises, USD/CHF tumbles. So, it’s very predictable and convenient.
  15. Astirewien

    AAFX Trading reviews

    Yeah, the broker can’t trade instead of you. For any broker it’s enough not to be a scam to let traders enough opportunities to earn. AAFX doesn’t restrain your capability to earn. So a lot will depend on your trading experience.
  16. Astirewien

    AAFX Trading reviews

    The market is an extremely unpredictable thing by nature, so there aren’t any ready-made algorithms you can always adhere to. You should be ready that it can change at any time and there always be strange things. For example, perhaps, you might have already noticed that GPB/USD had been...
  17. Astirewien

    AAFX Trading reviews

    It’s hard to underestimate the whole importance of news for trading. That’s a very powerful driver of volatility. It’s a good thing that your negative experience finally focused your attention on this crucial nuance. What was that damn news?
  18. Astirewien

    AAFX Trading reviews

    You may add a combination of two technical indicators. For example, these may be Stochastic and Bollinger Bands. You can use them to back your Spider. I recommend to use the following settings for Stochastic and Bollinger Bands, respectively: 8/3/3 and 13/close/2. Work on H1, but don’t forget to...
  19. Astirewien

    AAFX Trading reviews

    You are just in the beginning of your long path. You can’t even imagine how much more needs to be done to bring you to a higher level.
  20. Astirewien

    Advantages in trading

    I would like to say that forex trading has got a wide range of advantages and all of them are just fo the benefits of the traders. Remember, the beginners can start with any amount provided you have the desire and the interest to work in the market. I think, this is an added advantage that many...
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