Recent content by Xevield

I also think that it is possible to make continuous profits with good trading strategy. Now, this is hard part. In order to develop good strategy takes time for learning and gaining trading experience and understanding what drives the market. There is no easier way to do it

My logical analysis is saying that cryptos are going to be for a long time on this market. As many businesses are starting to accept payments in BTC and central banks are thinking of cashless environments, plus Blockchain technology is massively accepted, the price of BTC can only go up

I find that trading majors is most easy from all other currencies. There are all information necessary as well as good data on historical fundamentals, which makes any analysis and future price predictions manageable. Exotics are very specific and requires significant understanding of that market

The best learning method is practicing and learning from your own mistakes. Demo accounts are very good for this purpose. However, previous knowledge is mandatory. Try to explore and research as much as possible and trade on demo as much as necessary. Don’t rush on live account, just take your time

I like your analysis. Aside from technicals, you are recognising that majors market is currently driven heavily on fundamentals. There are some signs on weakening on EU side lately. Looking forward for your next article and your thoughts on this topic

This is very interesting question. I think that answer is yes as I also expect at least BTC to become slowly safe-haven for investors. BTC is still lacking stability and price predictability in order to be in wider use for this purpose

I find that most commonly used indicators are MA RSI followed with BB. Those are also my favourites. But I would note that many traders are relying not only on one, but combination of few indicators, waiting for clear confirmation of trend.But you should find what fits to your trading technique best

It is true that Forex and crypto market have some similarities, but I see that still crypto needs higher price predictability. As it is still relatively young market, it would take some time to reach maturity. Otherwise, emotions are really the same on both market

I also like to trade on 4 pairs: USD/JPY (US dollar – Japanese yen) EUR/USD (Euro – US dollar) GBP/JPY (British pound – Japanese yen AUD/USD (Australian dollar – US dollar)

Alright. We need someone to help us during our journal.It would be great to have someone tell us what we are doing well or doing wrong. Always note everything in our trading journal.

Thank you for sharing this link. I also interest to learn new knowledge area to improve my trade setup after take long vacation during new year 2019.

Totally agree.It will impact market to high voltality during news and frustration to some traders and take home run for some traders too.May be have to check on the chart and see how price movement closely.

After my trading experience in the market.I prefer to trade in major currencies that generate my profit. I would like to know more about your trading advices.

Totally agree with this post. Good trading psychology like our mind. This will help us manage risks/rewards and win/loss ratio that help us to take profit in long run.

Your style is let profit run on a trading timeframe. If you know stoploss and target price area. There is no worry about loss of money because everything is our control.