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  2. In this article, we will summarize the 8 most common beginner mistakes in the forex market and how you can avoid them. Most traders learn from their own mistakes over many years in the markets. However, many of them will admit that had they known about these before they started trading, it would have saved them a lot of money. Still, some rules are so difficult to follow that it seems the only way to learn the lesson is to make the mistakes yourself first. Whether this is the case for you or not, here are 8 typical beginner forex mistakes that hopefully can make your trading journey less painful. 1. Let a short-term trade become a long-term investment. This is something we often hear about, maybe more so from stock traders than forex traders, but it is nonetheless important to take note of. The trade you took didn't turn out exactly as planned, and to make yourself feel better you instead changed your perspective rather than admitting the loss. Admitting that you were wrong sometimes hurts your self-esteem, and it therefore feels better to hold on to your position while telling yourself that it will probably come right back next week…or even next month. Is this a good idea? NO! If the conditions for taking the trade in the first place are no longer present, you should get rid of your position as soon as possible and move on. There is no guarantee that your trade will come back in the future. 2. Use automatic stop-loss. Forex educators and experienced traders always talk about using stop-loss in your trading. An automatic stop-loss order simply sends your order to the market if the price of whatever asset you are trading hits a predefined level. This sounds like a good idea in theory, because it is supposed to keep you safe and lower your risk in trading. However, it’s not always as good of an idea as you might think. There can be sharp fluctuations in a currency pair within a single day, and what you will often see is the price dropping down to your stop-loss level before it shoots right back up. Instead, check the price at the close of each candle. In other words, if you trade on the 1-hour chart, you check the price after each 1-hour candlestick has closed. If you trade on the daily chart, you check the price at the end of each day. If the price then has crossed your predefined mental stop-loss level, get out of the position. This way, you remain consistent about when and how your trading decisions are made. 3. Watch the news. Well, watching some news is fine, but you should be very aware of how it impacts your decision-making. Unexpected news like Trump’s victory and Brexit tends to shake the forex markets, but it is almost impossible to trade these events for retail traders. When something unexpected happens, robots are the first to take action. Next, the professionals who may get the news faster than you place their trades, before the news finally reaches the millions of retail forex traders around the world. Therefore, instead of following the news, follow how the market is reacting to the news. 4. Get too greedy. If you have set a target price for your trade, let's say a typical resistance level where you were planning to take your profit, make sure you do just that instead of holding on to your position in the hopes that it will continue with the strong momentum. Stick to your plan! The same applies if you are tempted to take profit because you see that you are up a few grand, but still below your predefined target. Do not focus on the money; focus on executing your plan. 5. Get too scared. Lots of traders like to check news sites constantly in addition to reading discussions on various forums. It’s easy for these traders to get scared when they read negative news or opinions about the positions they are holding. Again, follow what the market is doing – the market is always right. 6. Focusing too much on not losing money. Yes, it happens. You can actually lose money on a trade. In fact, your position may take a dip before it goes back up. Visualize how much you would allow your position to move into the red before selling it. If the currency you are trading goes down to test the support once again, by how much will you be in the red then before you sell? Always keep an idea of this in your mind to avoid selling at the bottom. 7. Buying and selling without a plan. Buying and selling without any forex trading strategies, plan, or any system is the same as trading with your gut feel. It may score you a win when you are lucky, but over the long term it will lead to guaranteed failure in the forex market. Learn what works. Trade for a while just to learn how the markets work. Also, make sure to keep a detailed trading journal of everything you do so you can learn what works and what doesn't over time with real-world experience. 8. Not investing enough time. The more time you spend on studies, jobs, research, or whatever it may be, the better you get at it. The same applies to trading. The market pays you for the time you spend on trying to understand it and educate yourself. There are no shortcuts to easy money in forex trading – hard work is the only way. About the author: Fredrik Vold is an entrepreneur, financial writer, and technical analysis enthusiast. He has been working and traveling in Asia for several years, and is currently based out of Beijing, China. He mainly follows the stock and forex markets, and is currently supporting Learn to Trade forex training services
  3. The Fear of lossing Money

    We the traders first of all have to take demo trading seriously for acquire most powerful analyzing fundamental trading knowledge which is very supportive to continue a live trading in a proper way. but practically we the traders who are particularly newcomers don’t believe the importance of this trading place at all. as a result almost 90% traders are loser from here due to lack of exact trading knowledge . so, we have to make sure demo trading continually for become a knowledgeable trader very rapidly.
  4. New to forex

    I have seen according to my trading experience despite of a profitable trading policy scalping cannot use in a proper way due to many restrictions. So we the traders who are particularly scalpers always have to be more careful when choosing a broker. Scalping will be successful when you could make sure lowest trading spreads which is very supportive to make profit with certainly by scalping that brings profit in a short time.
  5. Investing in forex market.

    Trading is an investment business. It isn't something like betting or a get a quick rich undertaking. I treat it as investment. I do not want to be rich overnight. Forex trading requires uncommon knowledge and aptitudes sets. You need to take in those by concentrate great assets. I got FXPM broker I have discovered astounding advance instructive tutorials. Their personal account manager assigned by them also helps me a lot in my learning and trading.
  6. Worldcorp - worldcorp.club

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  7. Experienced-Team - experienced-team.com

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  9. I got payments: The amount of 0.2 USD has been deposited to your account. Accounts: U10360886->U1355114. Memo: Shopping Cart Payment. Withdraw to ihyips from indeliblegain.com.. Date: 08:01 14.10.17. Batch: 191309151. The amount of 0.2 USD has been deposited to your account. Accounts: U10360886->U1355114. Memo: Shopping Cart Payment. Withdraw to ihyips from indeliblegain.com.. Date: 09:55 15.10.17. Batch: 191401327. The amount of 0.2 USD has been deposited to your account. Accounts: U10360886->U1355114. Memo: Shopping Cart Payment. Withdraw to ihyips from indeliblegain.com.. Date: 06:45 16.10.17. Batch: 191474055. The amount of 0.2 USD has been deposited to your account. Accounts: U10360886->U1355114. Memo: Shopping Cart Payment. Withdraw to ihyips from indeliblegain.com.. Date: 07:23 17.10.17. Batch: 191581493.
  10. Now Deposit Ltd - nowdeposit.com

    I got payments: The amount of 7.02 USD has been deposited to your account. Accounts: U14062561->U1355114. Memo: API Payment. Withdrawal to ihyips from nowdeposit.com.. Date: 07:54 14.10.17. Batch: 191308554. The amount of 14.92 USD has been deposited to your account. Accounts: U14062561->U1355114. Memo: API Payment. Withdrawal to ihyips from nowdeposit.com.. Date: 10:37 15.10.17. Batch: 191404182. The amount of 12.28 USD has been deposited to your account. Accounts: U14062561->U1355114. Memo: API Payment. Withdrawal to ihyips from nowdeposit.com.. Date: 06:31 16.10.17. Batch: 191472920. The amount of 14.04 USD has been deposited to your account. Accounts: U14062561->U1355114. Memo: API Payment. Withdrawal to ihyips from nowdeposit.com.. Date: 06:43 17.10.17. Batch: 191578962. deposit: The amount of 45 USD has been withdrawn from your account. Accounts: U1355114->U13714245. Memo: Shopping Cart Payment. Deposit to User ihyips.. Date: 07:59 14.10.17. Batch: 191309010.
  11. Daily Technical Strategy On Currencies & Commodities

    EURUSD Weakens Further, Eyes 1.1700 Support Zone EURUSD: With the pair weakening further during Tuesday trading session, more decline is envisaged with eyes on its psycho support at 1.1700. Resistance comes in at 1.1800 level with a cut through here opening the door for more upside towards the 1.1850 level. Further up, resistance lies at the 1.1900 level where a break will expose the 1.1950 level. Conversely, support lies at the 1.1700 level where a violation will aim at the 1.1650 level. A break of here will aim at the 1.1600 level. Below here will open the door for more weakness towards the 1.1550. All in all, EURUSD continues to face further bear threats.
  12. Investing in forex market.

    To every forex trader investment is a big matter to consider. Without investing it is impossible to trade with forex market. To invest we need to select a right trading broker and as a right broker I found Trade12 broker from which I had a wide range of deposit bonus within a very short conditions. I have also lowest transaction cost in each transaction which always make my profit high indeed.
  13. If you’re already a Netflix (NFLX) subscriber you probably don’t need too much convincing about how good it is and will appreciate why analysts are predicting that its share price is set to rise even higher, despite the fact that it has already grown 59% this year as it teases the $200 per share mark. more details : Prime time to trade Netflix
  14. MatrixTrader LTD - matrixtrader.biz

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  15. RealSport - realsport.club

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  18. Experienced-Team - experienced-team.com

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  20. Adapting to Bulls and Bears

    In this market we basically decide which one to pick either bull or bear. You can also predict market condition according to candle power. Normally if any bullish candle engulf bearish candle we can predict the market will go up. To understand all this fact we need to learn forex and technical analysis. I learned from my broker AAFX’s website. They provides best online training support for free to their clients.
  21. Adamant Finance - Daily Analysis

    Technical Outlook October 17, 2017 EURUSD The currency pair approached the MA55 balance line yesterday offering opportunities to sell according to our recommendations. Today we also recommend looking for short trades if the price gets closer to the MA55 balance line. As for the important events, we advise to pay attention to Eurozone Consumer Price Index data as well as to the German ZEW Economic Sentiment. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair had some expected growth last week. We think that the currency pair is likely to develop a downside tendency in the next couple of days. There is the downtrend on the Hourly chart as the MA-channel goes downwards and the price is below the MA55 balance line. We advise to open short trades from the MA55 balance line area. Place stop losses above the indicator. GBPUSD The currency pair offered an opportunity to buy in the beginning of the European session and the price entered the profit area for 400pips. It was enough to fix positions partially and to protect the rest. WE advise to pay attention to today’s UK Consumer Price Index data, which may become a driver for further fluctuations. There is no tendency currently and we give no recommendations. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair failed to decline last week frustrating our expectations and went upwards. We think that GBP/USD is likely to decline in the next couple of days. There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear. AUDUSD The currency pair has a very active correction and the price is below the MA55 balance line. This cancels temporary the upside tendency. It is better to wait until the price is back above the MA55 balance line at least. If you had opened long trades according to our recommendations, you could have small losses now. Today’s Australian Reserve Bank meeting minutes are likely to give the additional support to AUD/USD. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. The currency pair had an expected growth last week We think that AUD/USD is likely to develop its upside tendency in the next couple of days. There is the uptrend on the Hourly chart as the MA-channel goes upwards and the price is below the MA55 balance line. WE advise to avoid trading today as the situation is unclear. USDCHF The currency pair still goes no direction and fluctuates within a tight range. USD/CHF is a shelter now. It shows any tendency in the moments of geopolitical events. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. The currency pair had a downside tendency last week according to our expectations. We think that USD/CHF is likely to cross the trend line in the next couple of days. There is no trend on the Hourly chart as the MA-channel is neutral and the price is close to the MA55 balance line. We advise to avoid trading today as the situation is unclear. Gold and Silver Technical Outlook October 17. 2017 GOLD (XAUUSD) Gold corrected downwards yesterday, but this correction was deeper than we had expected. Long trades from the MA55 balance line closed by stop loss. There is no tendency currently and we give no recommendations at the moment. We expected the price to resume its upside tendency in the nearest future. European data today is unlikely to have significant impact on fluctuations. There is the uptrend on the Weekly chart as the price is above the MA55 balance line. Gold worked doji last week according to our recommendations. We think that XAU/USD is likely to develop its growth in the next couple of days. There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear. SILVER (XAGUSD) Silver declined below the MA55 balance line following Gold. If you had opened long trades according to our recommendations, you could have small losses now. We do not think that precious metals are going to develop a downside tendency. However, we think that today everything becomes clear. There is the downtrend on the Weekly chart as the price is below the MA55 balance line. Silver resumed its growth last week according to our recommendations. We think that XAG/USD is likely to develop its moderate growth in the next couple of days. There is no trend on the Hourly chart as the MA-channel is neutral and the price is below the MA55 balance line. We advise to avoid trading today as the situation is unclear.
  22. Hotforex.com - Market Analysis and News.

    Date : 17th October 2017. MACRO EVENTS & NEWS OF 17th October 2017.FX News TodayEuropean Outlook: Asian stock markets moved broadly higher, with Australia’s ASX outperforming as investors piled into miners and banks. So Australia’s hot streak continued with a more than 0.7% rise, while gains elsewhere were more muted as concerns about North Korea emerged and markets speculate about a more hawkish Fed post Yellen. North Korea warned that a nuclear war could “break out any moment”. U.S. and U.K. stock futures are narrowly mixed. May’s visit to Brussels yesterday doesn’t seem to have brought a major breakthrough while in Spain the situation is tensing up after Madrid prepares to replace Catalan security officials after the leaders of two grassroots independence groups were jailed yesterday. Amid ongoing political tensions the European calendar is heating up, with U.K. inflation data for September as well as German ZEW investor confidence and final Eurozone September HICP numbers.FX Updates: The dollar has continued to trade perkily. USDJPY flipped back above 112.00 as major Asian stock indices hit 10-year highs after Wall Street hit fresh record highs on Monday. The pair has a well-established tendency to correlate with notable moves in global equity markets, though persisting concerns about political disharmony in Spain and North Korea (Pyongyang threatened nuclear war could “break out at any moment”) may have been curtailing yen losses. EURUSD declined for a fourth consecutive session, this time logging a out a one-week low at 1.1756. The dollar also held firm against the Australian dollar and other dollar-bloc currencies, along with sterling and other currencies. Sterling for its part has seen little reaction thus far to news that British PM May and EU Commission President Juncker agreed at a supper meeting last night that Brexit negotiations should “accelerate over the months to come.”Main Macro Events Today UK PPI & CPI – Expectations – CPI at 3.0% y/y headline from 2.9% in August, and PPI at 1.2% in September from 1.6% m/m EU CPI and German ZEW – Expectations -EU CPI seen unchanged at 1.5% y/y and German ZEW to 20.0 from 17.0 BoE Gov. Carney – Due to testify before the Treasury Select Committee, in London. US Industrial Production – Expectation – at 0.4% after dropping 0.9%, which should leave capacity utilization at 76.4% from 76.1%. Always trade with strict risk management. Your capital is the single most important aspect of your trading business.Please note that times displayed based on local time zone and are from time of writing this report.Click HERE to access the full HotForex Economic calendar.Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE!Click HERE to READ more Market news. Andria Pichidi Market Analyst HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
  23. Start 17.10.2017 PerfectMoney Payeer Bitcoin AdvCash Languages: EN Description: Investment plans: 120% after 1 day Plan Spent Amount ($) Profit (%) Plan 1 $10.00 - $99.00 104.00 Plan 2 $100.00 - $499.00 106.00 Plan 3 $500.00 - $1999.00 110.00 Plan 4 $2000.00 - $9999.00 115.00 Plan 5 $10000.00 - $50000.00 120.00 180% after 3 days Plan Spent Amount ($) Profit (%) Plan 1 $10.00 - $99.00 116.00 Plan 2 $100.00 - $499.00 124.00 Plan 3 $500.00 - $1999.00 140.00 Plan 4 $2000.00 - $9999.00 160.00 Plan 5 $10000.00 - $50000.00 180.00 300% after 7 days Plan Spent Amount ($) Profit (%) Plan 1 $10.00 - $99.00 140.00 Plan 2 $100.00 - $499.00 160.00 Plan 3 $500.00 - $1999.00 200.00 Plan 4 $2000.00 - $9999.00 250.00 Plan 5 $10000.00 - $50000.00 300.00 600% after 15 days Plan Spent Amount ($) Profit (%) Plan 1 $10.00 - $99.00 200.00 Plan 2 $100.00 - $499.00 250.00 Plan 3 $500.00 - $1999.00 350.00 Plan 4 $2000.00 - $9999.00 475.00 Plan 5 $10000.00 - $50000.00 600.00 900% after 20 days Plan Spent Amount ($) Profit (%) Plan 1 $10.00 - $99.00 260.00 Plan 2 $100.00 - $499.00 340.00 Plan 3 $500.00 - $1999.00 500.00 Plan 4 $2000.00 - $9999.00 700.00 Plan 5 $10000.00 - $50000.00 900.00 1800% after 30 days Plan Spent Amount ($) Profit (%) Plan 1 $10.00 - $99.00 500.00 Plan 2 $100.00 - $499.00 800.00 Plan 3 $500.00 - $1999.00 1100.00 Plan 4 $2000.00 - $9999.00 1400.00 Plan 5 $10000.00 - $50000.00 1800.00 Our deposit: 17.10.17 08:34 Transfer Sent Payment: 100.00 USD to account U15161615 from U1294xxx. Batch: 191587017. Memo: Shopping Cart Payment. Deposit to GENER TRADER LIMITED User allhyips, 120 after 1 day. Details: Minimal deposit: 10$ Maximal deposit: 50000$ Referral comission: 5% Payments: Instant Script: GoldCoders genertrader.com - Licensed Features: SSL + Registrar URL: namecheap.com Updated Date: 2017-10-07T20:23:49.00Z Creation Date: 2017-10-07T20:10:05.00Z Registrar Registration Expiration Date: 2018-10-07T20:10:05.00Z Registrar: NAMECHEAP INC Name Server: ns1.easy-geo-dns.com Name Server: ns2.easy-geo-dns.com Name Server: ns3.easy-geo-dns.com Name Server: ns4.easy-geo-dns.com SIGN UP
  24. Bulls and Bears characterizes and defines the volatile market conditions. Bulls and Bears is a term which is common in the trading world, increasing the hopes of traders as well as shattering their expectations! But what do they really represent? Bulls and Bears actually describe market conditions, whether stocks and/or currencies are increasing or decreasing in value. They also demonstrate the mood of the investor, and indicate subsequent market trends. A bull market describes a market that is increasing which is shown by an increase in market share prices. This situation causes a psychological boom installing faith in investors and resulting in a positive long term trend. This tends to happen in countries with strong and solid economies with high employment levels. A bear market causes the opposite psychological effect; it characterizes a falling market with share prices continuously falling, so results in a downward trend persuading investors that this market decline will continue over the long term. It leads to an increase in unemployment as employers begin to dismiss workers. For more detail : Adapting to Bulls and Bears
  25. No open sessions.

    As a professional trader of TenkoFX, strictly speaking that, there are no open sessions on the weekend. Trading starts when the Sydney session opens at the beginning of the week and finishes when the New York session closes at the end of the week. However, your location in the world will depend on what time and day this is. If you are trading in Japan, the trading week starts on Monday morning. However, if you are in the UK, this will actually be on Sunday evening.
  26. Each trade position.

    I am a forex trader and trade with TenkoFX. While examining the position, each trade position that you take in the forex market can be held for a brief span or quite a while. By short I mean seconds or minutes. By long I mean hours, days, weeks or months. You choose this by the style of trading that you go into. When you close your position, the pickup or misfortune is immediately attributed/charged to your brokerage account. This is an exceedingly fluid market and orders in either course and either opening or shutting a position are executed in milliseconds.
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