Best Forex Indicators to Generate Buy and Sell Signals

Free Forex Buy and Sell Indicator – Guide to Forex

Free Forex Buy and Sell Indicator – Guide to Forex submitted by ososru to Bitcoin4free [link] [comments]

Free Forex Buy and Sell Indicator – Guide to Forex

Free Forex Buy and Sell Indicator – Guide to Forex submitted by Rufflenator to 3bitcoins [link] [comments]

A DIY guide on how to add alerts to MetaTrader indicators (with minimal coding skills) - X-Post from /r/Forex

submitted by enivid to algotrading [link] [comments]

Your Pre Market Brief for 07/16/2020

Pre Market Brief for Thursday July 16th 2020

You can subscribe to the daily 4:00 AM Pre Market Brief on The Twitter Link Here . Alerts in the tweets will direct you to the daily 4:00 AM Pre Market Brief in this sub.
Updated as of 4:45 AM EST
-----------------------------------------------
Stock Futures:
Wednesday 07/15/2020 News and Markets Recap:
Thursday July 16th 2020 Economic Calendar (All times are in EST)
(JOBLESS CLAIMS TODAY)
News Heading into Thursday July 16th 2020:
NOTE: I USUALLY (TRY TO) POST MANY OF THE MOST PROMISING, DRAMATIC, OR BAD NEWS OVERNIGHT STORIES THAT ARE LIKELY IMPORTANT TO THE MEMBERS OF THIS SUB AT THE TOP OF THIS LIST. PLEASE DO NOT YOLO THE VARIOUS TICKERS WITHOUT DOING RESEARCH! THE TIME STAMPS ON THESE MAY BE LATER THAN OTHERS ON THE WEB.
Upcoming Earnings:
Commodities:
COVID-19 Stats and News:
Macro Considerations:
Most Recent SEC Filings
Other
-----------------------------------------------
Morning Research and Trading Prep Tool Kit
Other Useful Resources:
The Ultimate Quick Resource For the Amateur Trader.
Subscribe to This Brief and the daily 4:00 AM Pre Market Brief on The Twitter Link Here . Alerts in the tweets will direct you to the daily brief in this sub
submitted by Cicero1982 to pennystocks [link] [comments]

Rules for Trading Forex

Forex markets can be volatile and uncertain at the best of times, and inexperienced traders can easily end up chasing their losses. Yet it is precisely this volatility that gives you the potential for major profits. These 10 rules of forex trading may give you the best chance of landing on the winning side. Please remember, however, that trading carries a high level of risk to your capital, and profit is not guaranteed. Over 95% of all new individuals lose all their capital in the first month of trading forex

1. Avoid forex trading software that claims to guarantee returns

While you’re on the hunt for forex trading software, be sure that you’re not taken in by promises of guaranteed returns. There is no forex trading software that can assure you of winning trades. If there was, why would anyone sell it?

2. Always use a demo trading account

We’ve all heard that practice makes perfect, and it’s true. A demo trading account can help you improve your trading skills with virtual trades in real markets. Once you’re skilled at demo trading, you can switch over to real-money forex trading. And even once you’re using a live account, you may still want to use your demo account to try out new forex trading strategies. Of course, you should always remember that your performance on a demo account may not be replicated in a live trading account.

3. Forex trading can be highly stressful – avoid emotional trading

Whenever real money is changing hands, the risk of loss is ever-present. Therefore you should base your trades on considered tactics and strategies. To avoid being led by your emotions stay focused on technical and fundamental factors and market news at all times.

4. Invest in a solid forex education

Knowledge is power – we all know that. Ensure that your forex provider gives you access to tutorials, webinars, expert financial analysis and commentary, an economic calendar, graphs and charts, and even forex trading signals. All of these tools will work to improve your trading performance. The ultimate goal is to generate greater profits than losses over time, even if you have less winning trades than losing trades.

5. You can learn to trade forex successfully

No forex trading system guarantees success (see rule 1) but some may be used as reliable guides. If you learn from the experience of successful forex strategists, your likelihood of success is far greater. But remember, when judging the results of any system or any expert, that past performance is not a reliable indicator of future results.

6. Manage your forex capital wisely

The forex markets can change on a dime, as currency markets are often characterized by high volatility. If you have generated winning trades, be sure to manage your profits. Use stop-loss and limit orders, closeout positions, and hedge your exposure to the best of your ability. Be sure that you are in control of your capital at all times.

7. Manage your investment-per-trade wisely

This is one of the most crucial aspects of forex trading. Many traders fail to heed this important advice: Don't trade more than one currency at a time. Doing so puts you at a significant risk of loss. If you spread your investments over a wide number of trades, you limit your overall losses by not putting all your proverbial eggs into one basket!

8. Use common sense

If you know you’re trading a strong currency against a weak currency, chances are the strong currency will dominate. We are going through a period now where USD is a strong global currency. With a Fed rate hike looming, you may want to back USD against emerging-market currencies. Use your common sense when judging the effect of current and upcoming events.

9. Ensure you use risk protection strategies at all times

Risk protection varies from one trader to the next. However, you can limit your risk by managing your capital wisely, limiting the amount you trade per position, using forex trading signals, trading with greater knowledge, hedging your trades, and using specific technical strategies. Your key risk protection tool is always your stop-loss order. Remember, however, that stop-losses are not guaranteed and you can lose more than your initial deposit.

10. Be especially cautious about overextending yourself with leverage

Leverage allows you to increase the size of trade you can control with your investment capital. It magnifies your profits but it can also magnify your losses. Be sure to limit the leverage you use so you don’t get into serious financial trouble.

The bottom line

By following these 10 golden rules to forex trading, you should find yourself in a much better position over the long term. Your focus should always be on trading currency pairs that you understand, in a way that does not expose you to too much risk. Read up about market conditions likely to impact upon the currencies you’re trading, limit your leverage to an affordable amount, and use a demo trading account to understand the market dynamics.
submitted by ShelSingh to u/ShelSingh [link] [comments]

UK Guide to US Options Trading

This is guide to US options trading from the UK, because I've seen countless requests of people browsing in /ukinvesting, /options, /wallstreetbets etc. about this.
First thing's first - no part of this post is to be taken as financial advice. It is a guide on how to start options trading from the UK. Options/CFD trading is a high-risk activity and most retail traders lose money.

1. CFDs vs. Options

So getting started, options and contracts for difference (CFDs) are both financial derivatives - they derive their values from an underlying security e.g. stock, indices, currency, commodities. Long story short, CFDs do not have an expiration and options do; and at the option expiration date, options give the opportunity to buy/sell the underlying (e.g. stock) at the agreed strike price. CFDs are highly directional (delta) trades where positions require ongoing financing fees by a broker, whereas options strategies allow the trader to trade time decay (theta) as well as market volatility (vega). Options provide greater flexibility in trading strategies (time/volatility trading as well as direction); however, due to this, the more complex strategies can be difficult to understand.
Spread betting allows a literal directional bet of an underlying by a certain date. It is most similar naked options - i.e. if your position moves against you enough, your broker may forcibly close your position unfavourably and/or margin call you for extra cash ("you can lose more than your initial deposit"). With options/CFDs, you can define risk by specifying a profitability range (spreads) instead to avoid this scenario. Due to spread betting being so close to gambling, it is treated as such in the UK in terms of taxation - gains are tax free. I will also add here that CFDs/options can also be used in this manner (gambling, with subsequent margin calls etc.), and that CFD brokers tend to understate the risks of these strategies, whilst almost all options brokers require elevated permissions to seek out this level of risk - this is because blowing through margin presents a risk to the broker and they would rather have commissions without the risks of the brokerage going bust. The lowest level of permissions still allows you to buy extremely highly leveraged OTM options without margin, as your max loss is limited to the amount you paid for those options.

2. Brokers

Given that options effectively open up two additional aspects of trading (time/volatility) and require additional regulatory oversight compared to CFDs/spreadbetting, there is basically no options market in the UK - the only brokers at this time are IG/Saxo, and they only do vanilla options on Forex/Indices/Commodities. Everyone else only does CFDs and/or stock (T212, Freetrade, IG, Plus500 etc.). To engage in true stock options trading, the only choice is to open an international/US brokerage account.
The two that are accessible to UK investors are Interactive Brokers (IB) and TastyWorks. Both are reputable brokers and have strong insurances for cash & securities held with them.

3. Opening an account

I will walk through some of the aspects of funding and operating a TastyWorks account from the UK, as this is my recommendation if you're here looking for a cheap way to get started.
Opening a free account on TastyWorks is easy as they are used to foreign traders (form filling within 20-60 mins - you will need a photo of proof of ID and address). It typically takes 1 day for cash accounts and 2-3 days for margin accounts to be ready for funding. My referral link if you feel this guide deserves the effort is: https://start.tastyworks.com/#/login?referralCode=GD9EGGNZYZ. (mods, happy to remove this is this guide is deemed low effort)
The account types are:

4. Funding the Account

Since trading US options is done in USD, the account must be funded in USD. As international traders, deposits must be "By Wire", assuming you do not have a US bank account - full instructions for the "By Wire" method will show up when you are approved to fund your account. With TastyWorks, UK traders have 3 options at time of writing, going from highest to lowest fee:
1) Starling Bank: ~1% commission (+flat fee TBC?)
2) CurrencyFair: typical ~0.75% commission +$20 flat fee
3) TransferWise/Revolut + UK USD Account: ~0.5% commission +$20 flat fee
TastyWorks does not accept third party transfers (accounts not in your name), so services such as Revolut and TransferWise (inc. borderless) do not work directly
4.1 Starling Bank
With Starling Bank, you can do an international wire from a GBP account directly. Easy online bank setup and probably fastest way to get started, especially if you already bank with them. Note: Starling Bank is rejecting transfers to TastyWorks 'as it sits out of our international payment provider's risk appetite' (as of 11th May) - waiting for updates
Note that other routes include a $20 flat fee charged by intermediate banks before the transfer reaches TastyWorks. Haven't got confirmation that this route is charged or if Starling includes it within their higher fee.
4.2 CurrencyFair
TastyWorks have approved transfers via CurrencyFair with a guide at: https://support.tastyworks.com/support/solutions/articles/43000435321-can-i-use-currencyfair-to-fund-my-account-
Easy to get started, but a couple hoops to jump through to confirm your transaction to TastyWorks via email.
Note that the $20 flat fee is for an intermediary bank to take their cut between CF and TastyWorks, but that is not mentioned on the CurrencyFair website.
4.3 USD account + TransferWise/Revolut
The cheapest option is to set up a USD currency account and transfer through that.
The account of choice is the Barclays USD Foreign Currency account - you need a current account with them to be able to open the USD account. HSBC also have an offering, but not had this route confirmed.
Once the USD account is open, you can transfer into it using Revolut/TransferWise (cheap) and then international (wire) transfer from Barclays account to TastyWorks (free!). Note that the Barclays USD account is still a UK bank account, so you'll need to use a SWIFT transfer from Revolut/TransferWise to turn your GBP into USD.
Note that the $20 flat fee is for an intermediary bank to take their cut between Barclays and TastyWorks, but that is not mentioned on the Barclays website.
4.4 Withdrawals
To withdraw funds, do the opposite for a deposit, noting that $45 will be charged by TastyWorks per withdrawal.

5. Getting Started

I highly, highly recommend TastyWork's education centre and their TastyTrade videos, especially if you are new to this.
Otherwise, once funded, it's as simple as downloading the app on mobile, using the browser trading screen, or downloading their full desktop platform.
That's it for the guide - happy trading, and if there are any questions, feel free to get in touch and I'll edit the answers in here. I want this to be a resource because I've helped many people get started, and it would be good to have it all in one place!
submitted by TheScotchEngineer to UKInvesting [link] [comments]

How to be profitable in Forex: High-probability trading.

Hello guys,
I see a lot of posts here either of new traders or non-profitable traders. Some people here even believe trading is gambling and it is impossible to be constantly profitable. I have been trading forex for a few years now and I have fallen into every trap you could imagine: Overtrading, too many indicators, no backtesting, anger trades, etc.. burned a few accounts and finally managed to be constantly profitable on a large period of time. That is why I decided to make a very quick guide on how I think everyone can achieve profitability.
High-probability trading is a very simple concept: Only take trades when stars align. I'd recommend focusing on a very few setups that have proven to be profitable, and to not trade if the setup isn't perfect. If you think there is a slight chance you could lose a trade, then do not take it. The most important rule is to have 100% confidence in your trades, so you are not disappointed when you lose one because you know you followed your guidances.
I am a full-time trader. I mostly look at the 5-minutes, 15-minutes, and 1-hour charts, and I watch all major currency pairs 10 hours a day. You'd assume I take a lot of trades because so many setups form each day, well I do not. I take 2 to 3 trades a week for a duration of 1 to 4 hours per trade. But because these trades are more likely to be profitable, I have a good monthly return.
Now we all have our own strategy and I'm not here to review yours. Just think of how you could make your strategy a high-probability one. If you take a trade at each trading session and you have less than 65% of winning rate, then you can certainly improve your guidances. Here are the two most important rules you must follow:
- Always trade with the trend on all your timeframes, and at least a higher one. If I take a trade on the 5-minutes, 15-minutes and 1-hour charts, I want to make sure I'm with the 5-minutes, 15-minutes, 1-hour and 4-hour trends. A 200-periods exponential moving average on each timeframe should do the trick to ensure that.
- Confluence. This is for me the most profitable rule of trading. Confluence is when you have two or more levels coming together and therefore making a confluence point. For example, if you are trading the retest of a bullish trendline on the 1-hour chart, a confluence point could be where the price: retests the 1-hour bull trendline, breaks the 15-minutes bear trendline, retests the 1-hour 50-period EMA, breaks the 15-minutes 50-period EMA with a bullish marubozu candlestick, with an RSI bullish divergence at an oversold level, and a retest of a support. Now this would be a crazy setup, but even when a few stars align in a confluence point the trade is high-probability.
Thank you for reading.
submitted by Oxygen0796 to Forex [link] [comments]

Rules for Trading Forex

Rules for Trading Forex

Forex markets can be volatile and uncertain at the best of times, and inexperienced traders can easily end up chasing their losses. Yet it is precisely this volatility that gives you the potential for major profits. These 10 rules of forex trading may give you the best chance of landing on the winning side. Please remember, however, that trading carries a high level of risk to your capital, and profit is not guaranteed. Over 95% of all new individuals lose all their capital in the first month of trading forex
  1. Avoid forex trading software that claims to guarantee returns
While you’re on the hunt for forex trading software, be sure that you’re not taken in by promises of guaranteed returns. There is no forex trading software that can assure you of winning trades. If there was, why would anyone sell it?
  1. Always use a demo trading account
We’ve all heard that practice makes perfect, and it’s true. A demo trading account can help you improve your trading skills with virtual trades in real markets. Once you’re skilled at demo trading, you can switch over to real-money forex trading. And even once you’re using a live account, you may still want to use your demo account to try out new forex trading strategies. Of course, you should always remember that your performance on a demo account may not be replicated in a live trading account.
  1. Forex trading can be highly stressful – avoid emotional trading
Whenever real money is changing hands, the risk of loss is ever-present. Therefore you should base your trades on considered tactics and strategies. To avoid being led by your emotions stay focused on technical and fundamental factors and market news at all times.
  1. Invest in a solid forex education
Knowledge is power – we all know that. Ensure that your forex provider gives you access to tutorials, webinars, expert financial analysis and commentary, an economic calendar, graphs and charts, and even forex trading signals. All of these tools will work to improve your trading performance. The ultimate goal is to generate greater profits than losses over time, even if you have less winning trades than losing trades.
  1. You can learn to trade forex successfully
No forex trading system guarantees success (see rule 1) but some may be used as reliable guides. If you learn from the experience of successful forex strategists, your likelihood of success is far greater. But remember, when judging the results of any system or any expert, that past performance is not a reliable indicator of future results.
  1. Manage your forex capital wisely
The forex markets can change on a dime, as currency markets are often characterized by high volatility. If you have generated winning trades, be sure to manage your profits. Use stop-loss and limit orders, closeout positions, and hedge your exposure to the best of your ability. Be sure that you are in control of your capital at all times.
  1. Manage your investment-per-trade wisely
This is one of the most crucial aspects of forex trading. Many traders fail to heed this important advice: Don't trade more than one currency at a time. Doing so puts you at a significant risk of loss. If you spread your investments over a wide number of trades, you limit your overall losses by not putting all your proverbial eggs into one basket!
  1. Use common sense
If you know you’re trading a strong currency against a weak currency, chances are the strong currency will dominate. We are going through a period now where USD is a strong global currency. With a Fed rate hike looming, you may want to back USD against emerging-market currencies. Use your common sense when judging the effect of current and upcoming events.
  1. Ensure you use risk protection strategies at all times
Risk protection varies from one trader to the next. However, you can limit your risk by managing your capital wisely, limiting the amount you trade per position, using forex trading signals, trading with greater knowledge, hedging your trades, and using specific technical strategies. Your key risk protection tool is always your stop-loss order. Remember, however, that stop-losses are not guaranteed and you can lose more than your initial deposit.
  1. Be especially cautious about overextending yourself with leverage
Leverage allows you to increase the size of trade you can control with your investment capital. It magnifies your profits but it can also magnify your losses. Be sure to limit the leverage you use so you don’t get into serious financial trouble.
The bottom line
By following these 10 golden rules to forex trading, you should find yourself in a much better position over the long term. Your focus should always be on trading currency pairs that you understand, in a way that does not expose you to too much risk. Read up about market conditions likely to impact upon the currencies you’re trading, limit your leverage to an affordable amount, and use a demo trading account to understand the market dynamics.
submitted by ShelSingh to FxKings [link] [comments]

Accelerating Profits system - Tradeology

Welcome to my in-depth Accelerating Profits review. The forex market or foreign exchange market is where currencies are traded. Forex trading holds greater importance in trading as it helps any country in transactions of another country.
It is a global marketplace for exchanging national currencies against one another. Forex markets tend to be the largest and most liquid assets market in the world because of the worldwide reach of trade, commerce, and finance.

Accelerating Profits system Review – Learn How To Use The Innovative Forex Trading Software!

The market and trading can be a rocky highway to enormous losses. Retail traders turn to the forex market in search of fast profits. But statistics show that most aspiring forex traders fail, and some even lose large amounts of money. That is, as, with any investment opportunity, there is a risk.
Accelerating Profits is a digital product that helps people interested in forex trading to understand its basics and learn how to use the trading software. Tradeology is finally going to launch a perfect product on its 10th anniversary year. If you are here not for the first time, you know that we review only the credible product and give you the best option available in the market.
So, here is the most awaited Accelerating Profits review which will help you to make the right decision before you buy this powerful tool.
Product NameAccelerating ProfitsLanguageEnglishCreatorUnknownCategoryForex TradingPrice$499Official WebsiteClick Here

What is Accelerating Profit all about?

Accelerating Profits system is truly unique, extremely accurate, and the best value for the money custom-made Forex product that you will have ever. As the name of the product, it accelerates profits through a new method of trading based on proven scientific principles.
It is a digital product and you can interact with the team of experts in a live member area where the team of traders works with them, and hold frequent webinars, with regular updates about the system.
The experts will give you live suggestions on how to increase your hard-earned money invested. The product is designed by successful Forex traders in order to reduce the risk of trading and to provide valuable insights and tricks to maximize profits.

How do Accelerating Profit trading systems work?

Accelerating Profits system reviews is a Clickbank product with 24/7 trader support. This is the core aim of the product. It is backed by a world-class support team and you will be able to interact 24/7 with the team of expert traders via Skype, email, live chat, and phone. In the live members’ area, customers work with actual traders on real-time suggestions and visibility into what is happening in the market.
Experts provide regular webinars and training on how to best implement the strategies, tactics, and tips in the system, helping investors from beginners to seasoned professionals improve their trading record quickly and efficiently.
It helps you to set trading strategies and even decide the perfect timing for trade. Thus the entire system is straightforward and effortless for trading.
According to Accelerating Profits review, you need not sit in front of computers the whole day and night to find the market fluctuations and to place a trade at a suitable time. You will be notified by the software at the perfect time for trading.

Features of Accelerating Profits program

Here are some of the features of Accelerating profits.

Pros and cons of Accelerating Profits system

There are many advantages and some small faults for the accelerating profit system which we are going to discuss here in this accelerating profits review.

Pros

Firstly, let’s check the pros of the system.

Cons

Every system has both pros and cons. The cons of the product are listed below. Check it out.

How to get the best out of accelerating profits system?

Forex trading is one of the most popular and riskier ways of trading. Accelerating profits system provides a scientific method of trading which is quite simple to use.
To get the best out of the system, attend the training sessions through video guides which will teach you the basic lessons of Forex tradings.
The video sessions will be easier to grasp. It is recommended in the Accelerating Profits review that Newbie traders who found difficulty can overcome this by utilizing the 24/7 customer support backed up by a world-class support team that interacts with you via skype, email, live chats, and through phones.

Is accelerating profits legit or scam Forex trading system?

The answer is, it is a 100% legit Forex trading system introduced by Tradeology. Tradeology is a highly reputed company and a leader in Forex trading education, providing daily market analysis for forex traders and for people looking to make extra or a passive income from home.
Tradeology was founded in 2007 and launched many forex related products to date that helped traders to gain high profits. The credibility of the company itself is proof of the system being legit.
As already mentioned in the Accelerating Profits review, the product will undoubtedly provide you long term benefits if you follow the guidelines correctly.

Conclusion

Accelerating profits system is a great digital product than others you find from Tradeology. By concluding this Accelerating Profits review, the system helps you to learn quickly about Forex trading and provides everything that you need to make a perfect trade decision. By using this system both newbie and professional traders will be able to make fast and appropriate trading decisions.
You will also get guidance and assistance from the expert traders which allows you for a secure trading. The whole system is very effective and is available at an affordable price.
submitted by aishamudgil to u/aishamudgil [link] [comments]

Reading the ATR Indicator

All right, I've read multiple guides/sites/forum posts on this topic, and I'm still flummoxed. So I ask you, Forex reddit:
How do you read the ATR indicator?
For example: I'm looking at a pair with an ATR(20) of 1.2889. I want to use the ATR*1.5 method to set my stop loss. Of those five digits, which do I actually multiply to get the SL?
The answer seems simple enough for pairs with an ATR of something like 0.0045; that's just 45 pips. But I'm lost when it comes to values bigger than that, because I can't imagine a trade with a SL of, say, 4333 pips (to use my ATR(20) example), especially if I'm scaling out and intend to enter three positions.
I realize this is the most absolute of absolute rookie questions, but in all my months of doing this I've never been able to figure it out. I appreciate your help!
submitted by dangerous_beans to Forex [link] [comments]

[HIRE ME] Forex Article and Content Writer

••• About me •••
My name is Behar, I come from Europe and I do article and content writing with topics related to Forex.
With more than 1 year of experience in writing and 4 years of experience in Forex. I have great knowledge of Forex from basics to advanced levels and experienced in SEO too.
••• I have written articles with topics: •••
~ Forex Broker Reviews
~ Forex Guide For Beginners
~ Indicators
~ Technical Analysis
~ Trading Platforms
And more topics.
••• Portfolio ••• https://upwork.com/freelancers/~01f3e3b1d7d0f0c02c)
To see my article examples, please message me and I will send the article's example on your DM or I can send it to your email.
••• Rate •••
My prices are affordable and negotiable if you need multiple articles.
500 words article = $15
1,000 words article = $20
2,000 words article = $30
submitted by merdianii to HireaWriter [link] [comments]

[Hire Me] Forex & Crypto - Article and Content Writer - With Experience

Hi. I am Behar, article writer on Forex and Crypto. My knowledge of Forex and Crypto is very deep as I have more than 4 years of experience in these fields. I trade Forex and Crypto and have contributed to Forex courses and websites with content.
Some of my topic articles on Forex and Crypto are:
Some of my articles are on the links below:
Technical Analysis in Forex Trading
Introduction to Forex - Beginners
Pepperstone Forex Broker Review
5 Forex Tips For Beginners
FBS Forex Broker Review
XM Forex Broker Review
How to trade market patterns in Forex
Best Forex Brokers in Germany
Best Forex Trading Platforms
Crypto articles
My rate is $0.05 per word and if you want more articles we can negotiate for the price.
You can message me or contact me at my email: [email protected]
Thank you.
submitted by merdianii to HireaWriter [link] [comments]

Understanding the Forex market

I'm fairly new to Forex. I've spent a great deal of time understanding Forex and I'm still immersing myself in as much information as I can find. I started a 100k demo account to practice strategies and feel as though I have a pretty good system. I trade on the daily chart and use a series of indicators and monitor shorter time frames to make sure things don't go awry. At the time I wasn't too concerned with leverage/margins. I'm currently practicing on a demo account of $2k taking into account leverage. I'm trading no more than 2 mini lots and 3-5 micro lots at a time such that I'm leveraging no more than $1k of "my money" and a $1k buffer. I'm pretending to use "max leverage."
My plan: Try to build $1k of profits. Reinvest profit to build to $2k. Turn $2k to $5k, $5k to $10k. Eventually get to a point where I can turn it into a sustainable income. Then transfer to a live account. Am I living in unicorn land with illusions of grandeur? I'm concerned with relying on using max leverage. Do people make sustainable incomes on Forex trading?
I'm in a trade of GBPJPY short at 10,000 units. Current profit is at $188.00. The trade value is $6509. According to IG brokerage the GBPJPY margin is 5%. Using max leverage I'm only using $325 of "my money." If I chose to trade 100,000 units, given I have the funds for leverage, I would have $1880.00 of profit. That seems like sustainable income territory to me.
Please guide me Forex community!
submitted by jd_ultra to Forex [link] [comments]

[Offer] Forex, Crypto - Article Writer

••• About me •••
My name is Behar, I come from Europe and I do article and content writing with topics related to Forex and Crypto.
With more than 1 year of experience in writing and 4 years of experience in Forex and Crypto. I have great knowledge of Forex from basics to advanced levels and experienced in SEO too.
••• I have written articles with topics: •••
~ Forex Broker Reviews
~ Forex Guide For Beginners
~ Indicators
~ Technical Analysis
~ Trading Platforms
~ Crypto reviews
And more topics.
••• Portfolio ••• https://upwork.com/freelancers/~01f3e3b1d7d0f0c02c)
To see my article examples, please message me and I will send the article's example on your DM or I can send it to your email.
••• Rate •••
My prices are affordable and negotiable if you need multiple articles.
1,000 words article = $30
2,000 words article = $40
submitted by merdianii to slavelabour [link] [comments]

[OFFER] Forex Article and Content Writing

••• About me •••
My name is Behar, I come from Europe and I do article and content writing with topics related to Forex.
With more than 1 year experience on writing and 4 years of experience in Forex. I have great knowledge of Forex from basics to advanced levels and experienced in SEO too.
••• I have written articles with topics: •••
~ Forex Broker Reviews
~ Forex Guide For Beginners
~ Indicators
~ Technical Analysis
~ Trading Platforms
And more topics.
••• Portfolio •••
Too see my portfolio of articles, please message me and I will send the articles example on your DM or I can send it to your email.
••• Rate •••
My prices are affordable and negotiable if you need multiple articles.
500 words article = $15
1,000 words article = $20
2,000 words article = $30
submitted by merdianii to slavelabour [link] [comments]

[For Hire] Forex, Crypto - Article Writer

••• About me •••
My name is Behar, I come from Europe and I do article and content writing with topics related to Forex and Crypto.
With more than 1 year of experience in writing and 4 years of experience in Forex and Crypto. I have great knowledge of Forex from basics to advanced levels and experienced in SEO too.
••• I have written articles with topics: •••
~ Forex Broker Reviews
~ Forex Guide For Beginners
~ Indicators
~ Technical Analysis
~ Trading Platforms
~ Crypto reviews
And more topics.
••• Portfolio ••• https://upwork.com/freelancers/~01f3e3b1d7d0f0c02c)
To see my article examples, please message me and I will send the article's example on your DM or I can send it to your email.
••• Rate •••
My prices are affordable and negotiable if you need multiple articles.
1,000 words article = $30
2,000 words article = $40
submitted by merdianii to forhire [link] [comments]

[For Hire] Forex Article and Content Writing

••• About me •••
My name is Behar, I come from Europe and I do article and content writing with topics related to Forex.
With more than 1 year experience on writing and 4 years of experience in Forex. I have great knowledge of Forex from basics to advanced levels and experienced in SEO too.
••• I have written articles with topics: •••
~ Forex Broker Reviews
~ Forex Guide For Beginners
~ Indicators
~ Technical Analysis
~ Trading Platforms
And more topics.
••• Portfolio •••
Too see my portfolio of articles, please message me and I will send the articles example on your DM or I can send it to your email.
••• Rate •••
My prices are affordable and negotiable if you need multiple articles.
500 words article = $15
1,000 words article = $20
2,000 words article = $30
submitted by merdianii to forhire [link] [comments]

So you wanna be a proffesional trader?

Back to the trenches I guess. Some of you might remember my last post over proffesional approaches to the markets. If not I suggest you take a look on it before reading this.
https://www.reddit.com/Forex/comments/cxymyf/a_peek_into_how_financial_institutions_play_this/
I promised to discuss some stuff about macroeconomic approaches to forex, and well, with some delay here I am. Again, here I introduce the very same disclaimer. This is a professional approach, not coming from retail. Take everything with a grain of salt, and exercise proper due diligence with your approach. Sincerely hope you get something out of this post.
An inconvenient, forex truth
You've been there, struggling and suffering for a while. You have experienced the pain that the markets can unleash on you. You have left positions on the red for longer than your sanity could possible hold. You have opened positions that moved to the green, but you did not take any profits and you let that position slowly die and possibly causing huge loses. Now here you are , in October 2019, possibly as a breakeven trader, still suffering and trying. You have researched hundreds of indicators, if not thousands. You thought you have all sorted out with your RSI , stochastics and TDI. Yet you have switched between strategies more than you have changed your underpants in your whole life. Spent too many hours looking at the screen, wondering what the hell you are still missing.
And the incovenient truth is that you want the glitz and the glamour, and the caviar, but you are not willing to eat the shit. And this is the shit: How are you expecting to make any good money on a field where you dont know virtually anything about it. Nor the substance that you are trading, nor what moves it. How are you actually expecting to beat guys that breath and eat economics?. You know literally nothing about volatility and liquidity, about interbanking flows , about puts and calls, market microestructure and price delivery mechanisms both on OTC markets and CME , what is GDP , how is calculated and why is critical. CPI, NMI, GDP to debt ratios, UST, repo markets, shadow banking, carry diferentials, how and why commodities alter certain currencies. EM vs G10 currencies, pegged vs unpegged. Balances of Payments.... When you hear "greeks" you are thinking about the Iliad or Athens. You know nothing about business and credit cycles. Valuation anchors, return to the mean, standard deviations, fair values. I could go on and on and on. Does this make you uncomfortable? It should.
You have dozens of the best students that the world can produce, coming out of the London School of Economics, or from IT degrees in Harvard and MIT, all moving into freaking huge financial institutions, building complex system, doing incredible research . Funded to an extreme you can not imagine. Working in partnership with the IMF and Central Banks all aroundthe world. PhD's dedicating their lifes to such complex systems and situations....... and yet here you are, insolent and ignorant piece of s***, you that have been trying to make your "RSI" or "stochastic" work for 2 months, trying to beat this multi billion-trillionaire infrastrucure. Do you start to realize where the f*** do you stand? Do you really believe even for a freaking second that you can beat them on their game? Using RSI or Ichimoku? EAT.THIS.SHIT.
And its not that technicals are not necesary. They are. But believe me, I (and most pro's that I've ever engaged with) spent less than 1/5 of the time actually managing trades and looking at price charts. If I'm not scalping , my day starts with me reading around 12 to 15 research papers coming from the main financial institutions, glued to my Reuters terminal reading more reports, looking at polls, updating my macroeconomic models with the latest data, performing calculations related to options...... only then, with a fundamental trading idea, I will move to evaluate technicals to see if the timing is good.
I want to learn, how shall I procede?
You want to build a lasting and enjoyable relationship with the market? EAT THE SHIT, and do all that is under your control to actually be able to open The Financial Times and understand what they are talking about. It will take you years, and for the education, hundreds of dollars. But this is how it goes if you want to get real. This is career, not a hobby. This is simply the way to be consistent. EAT THE SHIT.
I compiled some resources to get you started:
ACATIS Konferenz 2016, Mr. Koo, Surviving in the Intellectually Bankrupt Monetary Policy Environment - A great video coming from Nomura, to understand the actual shitty situation in the Eurozone.
Online Courses - Look for IMF on EDX. Also, a fenomenal course on Banking and Money in Coursera.
Books -
Macroeconomics, Gregory Mankiw - Start here to graps the basic concepts
Financial Times Guide to the Financial Markets
Financial Times Guide to Banking
Applied Financial Macroeconomics and Investment Strategy: A Practitioner’s Guide to Tactical Asset Allocation
The Holy Grail of Macroeconomics: Lessons from Japan's Great Recession
The Escape from Balance Sheet Recession and the QE Trap: A Hazardous Road for the World Economy
The Other Half of Macroeconomics and the Fate of Globalization (English Edition)
The new lombard street - how the fed became the dealer of last resort
Foreign Exchange , Amy Middleton
The Role of Currency in Institutional Portfolios, Momtchil Pojarliev and Richard M. Levich
Currency Overlay: A Practical Guide, Second Edition, Hai Xin
The Handbook of Corporate Financial Risk (2nd edition)
Trade Stocks and Commodities with the Insiders: Secrets of the COT Report (Wiley Trading)
How I Made One Million Dollars Last Year Trading Commodities
Market Liquidity: Theory, Evidence, and Policy (English Edition)
Trading And Exchanges: Market Microstructure For Practitioners
The Microstructure Approach to Exchange Rates
The Creature from Jekyll Island: A Second Look at the Federal Reserve
Big Debt Crises
Payments Systems in the U.S. - Third Edition: A Guide for the Payments Professional
The Volatility Machine: Emerging Economics and the Threat of Financial Collapse (English Edition)
Stabilizing an Unstable Economy
submitted by Cryptochihuahua to Forex [link] [comments]

Forex Trend Indicator Setup, Trading Plan Guide

Forex Trend Indicator Setup, Trading Plan Guide
Here are some simple trend indicators for conducting trend analysis of any pair, any currency or the entire forex market. These trend indicators are easy to set up and can be used by any forex trader.
https://www.forexearlywarning.com/forex-trend-indicators
These trend indicators are for Metatrader or most other forex charting systems for 9 different time frames. We also have a set of videos that will teach you how to set audible price alerts and Metatrader profiles for individual currency analysis.
https://www.forexearlywarning.com/blog/category/forex-videos/
Then you can start to conduct multiple time frame analysis every day and build your own trading plans for any pair. Here is a detailed guide as to how to prepare a forex trading plan:
https://www.forexearlywarning.com/forex-lessons/multiple-time-frame-analysis
Good Trading, Forexearlywarning


https://preview.redd.it/grym2shwmgr41.jpg?width=405&format=pjpg&auto=webp&s=d52ffdcb09d82468a761746eaee12e109c7a39a1
https://preview.redd.it/hzfgwthwmgr41.jpg?width=528&format=pjpg&auto=webp&s=b303a99045987ae9ebd2d82eb8befb95a4ef61ad
submitted by forexalerts to u/forexalerts [link] [comments]

I've reproduced 130+ research papers about "predicting bitcoin", coded them from scratch and recorded the results. Here's what I've learnt.

ok, so firstly,
all of the papers I found through Google search and Google scholar. Google scholar doesn't actually have every research paper so you need to use both together to find them all. They were all found by using phrases like "predict bitcoin" or "predict stock market" or "predict forex" and terms related to those.

Next,
I only tested papers written in the past 8 years or so, I think anything older is just going to be heavily Alpha-mined so we can probably just ignore those ones altogether.

Then,
Anything where it's slightly ambiguous with methodology, I tried every possible permutation to try and capture what the authors may have meant. For example, one paper adds engineered features to the price then says "then we ran the data through our model" - it's not clear if it means the original data or the engineered data, so I tried both ways. This happens more than you'd think!

THEN,
Anything that didn't work, I tried my own ideas with the data they were using or substituted one of their models with others that I knew of.

Now before we go any further, I should caveat that I was a profitable trader at multiple Tier-1 US banks so I can say with confidence that I made a decent attempt of building whatever the author was trying to get at.

Oh, and one more thing. All of this work took about 7 months in total.

Right, let's jump in.

So with the papers, I found as many as I could, then I read through them and put them in categories and then tested each category at a time because a lot of papers were kinda saying the same things.

Here are the categories:

Results:
Literally every single paper was either p-hacked, overfit, or a subsample of favourable data was selected (I guess ultimately they're all the same thing but still) OR a few may have had a smidge of Alpha but as soon as you add transaction costs it all disappears.

Every author that's been publicly challenged about the results of their paper says it's stopped working due to "Alpha decay" because they made their methodology public. The easiest way to test whether it was truly Alpha decay or just overfitting by the authors is just to reproduce the paper then go further back in time instead of further forwards. For the papers that I could reproduce, all of them failed regardless of whether you go back or forwards. :)

Now, results from the two most popular categories were:

The most frustrating paper:
I have true hate for the authors of this paper: "A deep learning framework for financial time series using stacked autoencoders and long-short term memory". Probably the most complex AND vague in terms of methodology and after weeks trying to reproduce their results (and failing) I figured out that they were leaking future data into their training set (this also happens more than you'd think).

The two positive take-aways that I did find from all of this research are:
  1. Almost every instrument is mean-reverting on short timelines and trending on longer timelines. This has held true across most of the data that I tested. Putting this information into a strategy would be rather easy and straightforward (although you have no guarantee that it'll continue to work in future).
  2. When we were in the depths of the great recession, almost every signal was bearish (seeking alpha contributors, news, google trends). If this holds in the next recession, just using this data alone would give you a strategy that vastly outperforms the index across long time periods.

Hopefully if anyone is getting into this space this will save you an absolute tonne of time and effort.

So in conclusion, if you're building trading strategies, simple is good :)

Also one other thing I'd like to add, even the Godfather of value investing, the late Benjamin Graham (Warren Buffet's mentor) used to test his strategies (even though he'd be trading manually) so literally every investor needs to backtest regardless of if you're day-trading or long-term investing or building trading algorithms.


EDIT: in case anyone wants to read more from me I occasionally write on medium (even though I'm not a good writer)
submitted by chiefkul to CryptoCurrency [link] [comments]

Live Trading Signals for 28 Pairs, 8 Currencies

Live Trading Signals for 28 Pairs, 8 Currencies
The Forex Heatmap® is a live, server based indicator that provides trade entry signals for 28 pairs. This signal system, along with our trend based trading plans and FREE mobile notification app is available from Forexearlywarning.com. The signals are easy to interpret, even for beginner traders, and will guide your trade entries in both trading sessions throughout the trading week. Here is more information about the heatmap:
https://www.forexearlywarning.com/the-forex-heatmap

https://preview.redd.it/ar65ye1k4qk41.jpg?width=754&format=pjpg&auto=webp&s=eb9eb596a5f38dd8c1ab0f51fe75e080a7813a90
submitted by forexalerts to u/forexalerts [link] [comments]

EFC Indicator Dashboard Mt4 Indicator

EFC Indicator Dashboard Mt4 Indicator
https://www.forexwinners.in/p/efc-indicator-will-help-you-trade-forex.html
EFC Indicator Dashboard Mt4 Indicator Will Help You Trade the Forex Market By Showing Accurate Trade Entries. EFC Indicator Dashboard 2.0 was created by Trading Strategy Guides.com that will make your life as a trader easier. See below the detailed description of the EFC Indicator This indicator works exclusively for the MetaTrader4 Platform.
The benefit of EFC Indicator Dashboard Mt4 Indicator having a 1 risk to 3 reward ratio is that you only have to win 90% of your trades to be profitable. There is a lot of indicator’s available in the market for the trading purpose like Bollinger band, EMA, RSI, MA, Supertrend and many more but this EFC Indicator Dashboard Mt4 Indicator Will Help You Trade the Forex Market By Showing Accurate Trade Entries. This EFC Indicator automatically analyses and detects the reversal signal of the market.

https://preview.redd.it/scl63ws0c3d41.png?width=640&format=png&auto=webp&s=18be6f11ee046bb0309b4d7798fd310baad64824
# #trading #traders #forextrader #forexanalysis #forexmarket #forexeducation #daytrading #stocktrading #stockmarket #forextraders
submitted by mt4indicators to u/mt4indicators [link] [comments]

Forex guide - YouTube Forex Indicator The Most Powerful Forex Trading Indicator by Adam Khoo The Top 5 Technical Indicators for Profitable Trading Beginners guide to Forex Trading

To download an indicator from Forex-indicators.net. 1. Right click on the indicator link 2. Choose "Save as" or "Save link as" to download the indicator. To install your newly downloaded indicator to MT4, please use the following steps: 1. Close Metatrader4. 2. Place your new indicator into the MetaTrader "/Experts/Indicators" folder. 3. Run Forex Indicators Explained. Forex indicators are simply tools used in the technical analysis process to forecast future price movement. A technical indicator uses a rigorous mathematical formula based on historical prices and/or volume and displays the results in the form of visual representation, either overlaid on top of the price or at the bottom of your window. Essential guide to forex brokers (Identifying the great ones) Seamless guide to forex indicators (complex made simple) Range or trend (getting over the 50% mark) 101 Guide to Forex trading for Beginners (Path to success) Indicators are always at the heart of technical analysis in the forex market, as they allow traders to analyze past and anticipated future price trends. The best forex indicators enhance the identification of trading opportunities as well as entry and exit points. Forex Indicators: The Ultimate Guide to Forex Trading Strategies. Warren Sullivan. Learn how to use Forex indicators profitably Beginners that enter the Forex market are often lured in by the promise of huge financial rewards, that making money in Forex is easy. This couldn’t be further from the truth.

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Forex guide - YouTube

#FOREX #Indicator #Trading #Knowledge & News hub Cool Forex Indicator that you should try download the indicator https://www.best-metatrader-indicator... The Relative Strength Index is arguably the most popular technical indicator when it comes to trading. But being popular doesn’t always make you right or easy. David Jones knows this and is here ... If you plan on joining Forex trading, a great point to bear in mind is to always verify yourself before making a trade. We all make reckless errors every now and then. 3 Ways Forex Changed My Life In Only 3 Months Beginner Forex Trader Forex Lifestyle Forex 2020 In this video, you are going to learn how professional forex trade by buying the strongest currencies and selling the weakness currencies in order to generate consistent forex trading profits in ...