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A candlestick is a type of price chart used in technical analysis that displays the high, low, open, and closing prices of a security for a specific period. It originated from Japanese rice merchants and traders to track market prices and daily momentum hundreds of years before becoming...

I know some examples of those traders who are able to trade without knowledge, perhaps they have innate abilities to feel the market. However, in most situations it's impossible to feel the market, especially when it is at depression like nowadays. I can assume, that such depressive situations...

The one that is the most volatile at the moment.

I was also trading Japanese crosses and the week was bullishly good for me. At least it encourages to trade with AAFX 1:2000 leverage, although some moments were really scary.

No matter what kind of financial instruments you are trading, there are two common requirements for becoming consistently profitable – a set of sound trading strategies and an excellent money management system. Systematic trading is crucial for long-term success and here is why: sticking to a...

As I told earlier, 1:2000 leverage for cross-pairs was the main reason to register a real trading account with this brokerage company. So, a cross-pair was the first financial instrument I traded with the broker. To be exact, it was CAD/JPY. I entered the market on January 3 and closed the deal...

I finally decided to open a real account with the broker. At first I wanted to open a Fixed account but then I thought that I could do without floating spreads and opened an ECN account. Maybe in the future I will open a Fixed account just to compare what’s better.

Don’t get me wrong. I’m still learning to trade, so I can make mistakes. I trade for a year. For this time I have tried nearly everything. I lost several depos with several brokers, but from time to time I managed to earn money, but I think that I was just lucky at that moment. I want to achieve...

My interest to this broker is getting stronger. I think that soon I will open a real account with this company. What motivates me to sign up here is that it allows to trade cross pairs with 1:2000 leverage. As I know, most brokers give lower leverage for crosses and higher leverage is available...

I believe the answer is pretty clear here actually. The mood is awful after you lose all your money I bet. However, we have to handle such tough times and try to move on, because trading is created due to bring up a character actually. Everybody knows that there is nothing simple in trading and...

There are no actually restrictions according to trading on demo. Until you'll be sure that your strategy really can be considered as working I guess. Of course, some rookies always stay too long on demo account that's why they're not adjusted for real trading. I suppose that novices have rather...

2% risk is hard to achieve but it is what we should aspire to. Risk management is the key moment in trading and if we fail or take too much risk, our trading will be at stake.

Role of courage and fear in trading shouldn't be underestimated as I think. Often not only in trading activity fear is able to drive people and make them do something that they would never do without a sense of fear. Courage helps trader to reach his/her goals and do'nt be afraid of losses. I...

The first danger for a newbie in scalping is that all the movements should be precise and on time. Which leads us to the conclusion that a scalping trader should be experienced enough not to confuse the buttons and pattern. The second risk is simply the fact that scalpers usually do more deals...

Um, what else are you planning besides Rev-Share? Share with us. By the way, you haven't written about your progress on this model. I'm intrigued!

Wow, congratulations to you! This is a success. I could even say it's a consistent result.

It's really worth a try for everyone. If only to have an idea about it. It has all the possibilities for real business. And it's impressive.

Generally, forex is good and I think it is the safest why of earning. You can get alot of money while sitted at home, you dont need to report to work ithe office. This is why, we should always be very careful with this trade. The only thing that becomes a challenge is that people come to forex...

Good job, mate! And how are your other referrals doing? You said they register but don't fund their accounts.

Different timeframes are needed for different strategies. And you can always choose the one that helps you to assess the situation most accurately - this is the most important thing.