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It is for 2 simple reasons. First is that there is no strategy to work with, which eventually leads into losses. While the 2nd reason is the broker. Fortunately, I have both these parts covered through FreshForex, as it is one of the best broker to work with. It helps big time and allows me to do well.
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 The forex industry is an enormous market with an average trading volume of over $5 trillion per day. Although not well regulated, the market has a lot of opportunities for investors that also comes with certain drawbacks. In recent times, the market has experienced an influx of scammers with various promises such as increasing one's capital quickly, secret trading formulas and forex robots that trade perfectly. As a beginner, this can pose a lot of damages as your inexperience might get the best of you to patronize these “opportunist.” Besides this, the industry also has those who come up with the golden grail of trading involving many tools and setups. However, if you have not fallen victim but don’t understand the concept of trading, wasting time and resource on various tools that never produce results, it is time to take a step backward. Is the indicator you are using generating what it ought to generate? Can it spot a trend accurately? Have you been scammed when trading? Are you tired of pouring an outrageous money on indicators, tools, and robots? What if you have one tool that scans ALL currency pairs? What if this tool finds the best trend in all pairs? If your guess is as good, then you must already know that is your golden opportunity to turn your frustration into success. The key to unlocking your tradingThe FOREX TREND SCANNER is the solution to increasing your odds of winning more trades and cutting short unnecessary loss. Understanding a trend in trading is important because it is what defines the market. Perhaps, you have heard the statement, “the trend is your friend.” The trend can only be your friend if you know and understand it. The Forex Trendy software allows you to know and understand the market without strength. It enables you to avoid trading during a period of uncertainty in the market and pick the finest trending pairs possible. The software uses price action to determine the trend without any indicator. The software is compatible with various trading platforms such as MetaTrader, NinjaTrader, TradeStation etc. What NextCan you use $37 quarterly minimize your losses? That is $3 per week or 60 cents per trading day to transform your trading career. The Forex Trendy software is available for this price, which is quite affordable for everyone. Importantly, you can cancel your subscription at any time. You won't be charged for the software but your membership to the platform. As a member of the Forex Trendy platform, you have access to the following: • Live charts for the best trending currency pairs • User-friendly interface • Audible and email alerts • A quick overview of currency pairs on all timeframe • Automated chart analysis that recognizes flags, triangles, wedges and trendlines  There is nothing as easy as this when it comes to trading. The Forex Trendy Software is what you need to reduce unnecessary losses and increase your odds of winning. |
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No rocket science at all. If anyone would be able to make that much and consistently, it is not required for others to join. It just does not make sense or match up. At least I think most already agreed with it.
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I am sorry but it is not secure to just randomly trust any platform and do it. Although, I too prefer without it but I know for my own security, it is a better thing to do. It will only help us in longer run and if the platform we use is trustworthy, I don't see reason not to do KYC.
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I definitely believe it is important to use it if we are going for long term trading, as you can't always be around and it is better to be safe than sorry. I would always and always suggest others to use it like use it myself with FreshForex Broker.
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I do Arbitrage trading in Forex a lot. This is my first hand experience on Cryptos. It seems very interesting concept and very excited trying. Hope it can generate kind of returns I see others making
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 ETH/USD: In an hourly chart ETH price is going high only and right now it moves around 480 so investors are hoping to 500 tonight or tomorrow so if the dollar falls a bit then it might go more up. |
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 BTC/USD: Bitcoin price is looking bullish trend from the last day where a few days back it made some price correction but again it moves for uptrend only so if the price continues then the next resistance will be 12700/13200. |
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 XAU/USD: On the Daily chart, these pairs went high at the beginning of the day but now on an hourly chart it losses around 20 pips where the price level is 1970 and a bit less so if the trend goes to bearish then next support will be 1950 or 1938 for tonight. |
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 Eur/Chf: Just on the H4 chart this pair goes too bullish trend where it touched 1.0881 but in the hourly chart it losses some prices so it might be price correction and now at the moment when I am writing its moving at 1.0840 level so if the pair make more correction then support will be 1.0820. |
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It is better to do it through demo account first. If we manage it successfully then only we will be able to gain well. I find it easier with FreshForex broker, as they are amazing with epic setting including Rebate scheme, so I just love it big time. |
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All that I will advice is to work with proper plan and method. If we do that then we will gain well and consistently. I work with FreshForex broker, as they are awesome with low spreads, high leverage and also 101% Tradable Deposit Bonus, so I just love it. |
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Yes, it is important to use stop loss because it is too risky to go with one flow, as if we do that then we will only end up losing and wasting time. I work with proper strategy to help myself with gaining well.
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No, I don’t like it one bit. I believe if we go with doing it that way, it will only make us lose. So we need to be careful. I am always focusing on working manually to help myself gain well and consistently.
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If you are making ANY profit, then I believe that is enough, as size won’t matter but profit matters. I always enjoy smaller profit, as long as I am comfortable. It’s easier with supportive broker like FreshForex, as with their bonuses you don’t have to risk too much.
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Why not do just both? We can do Crypto trading via Forex broker, so there is nothing wrong with it. In fact, I love it. I do it through FreshForex broker and I feel rather easy and comfortable. I believe this is better than anything else.
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My advice is always invest what is affordable for any accident. If we go madly with things, it will only lead to disasters. So we need to be extremely careful about it. I always try and invest carefully and it’s simpler with Forex trading using regulated broker. I use FreshForex. So these are what I believe is best way to go for investment.
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Trading time is very important issue as Forex markets move with countries stock market any stock open at a specific time like here I trade on FreshForex broker in the Asian session and mostly use my native pairs including USD/INR and USD/SGD.
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 BCH/USD: In an hourly chart this pair is trying to go up but due to last week's heavy jump is trying to make more correction so right now it's looking mostly stable and moving around 300 while next resistance is 315 and 336 level but if price slip then support will be near 290 level. |
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 LTC/USD: In an hourly chart Litecoin is gaining where the price range is around 58 and hoping to 60 at the end of the hour. If we talk about the whole day price movement then this pair is recovering from last days' massive fall so the next day it might go more up as it always made its correction. |
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