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Type: Posts; User: babushkafx

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  1. I guess USD will appreciate even more because now...

    I guess USD will appreciate even more because now markets expect the Fed to hike interest rates faster.
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    159

    For beginners D1 and H4 is the best. Lower time...

    For beginners D1 and H4 is the best. Lower time frame is very much volatile. Yes you will get the result quick. But for trading psychology plays the important role. Higher time frame helps more to...
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    1,285

    Not having a circuit breaker Forex market is...

    Not having a circuit breaker Forex market is always risky cause sometimes the Forex market collapse too much like one day might do around 500 pips easily so these 500 pips might be heavy dangerous...
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    I trade breakouts with Hotforex using scalping...

    I trade breakouts with Hotforex using scalping software, thanks to fast execution many orders are filled in profit. One of the best brokers which I 've tried so far.
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    Trading without knowledge can be considered as...

    Trading without knowledge can be considered as betting on luck, however when you make many trades, statistical laws almost guarantee that you will be on the losing side. That's why I trade with tight...
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    I didn't notice any major drawbacks trading with...

    I didn't notice any major drawbacks trading with them, even scalping is smooth and fast which is rare feature in modern FX broekrs.
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    I also combine RSI and MACD with price action on...

    I also combine RSI and MACD with price action on Hotforex because naked price action is overly simplistic hard to be unbiased.
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    I also use Hotforex demo to backtest trading...

    I also use Hotforex demo to backtest trading systems using historical prices and it helps me a lot to filter out losing trading methods.
  9. Thread: Confidence

    by babushkafx
    Replies
    9
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    2,062

    I'm fully convinced that confidence in trading...

    I'm fully convinced that confidence in trading can lead to mistakes because its easy to confuse it with overconfidence and complacency. We have to always make sure that losses won't be unexpected and...
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    I prefer to use small leverage with Hotforex...

    I prefer to use small leverage with Hotforex because I prefer to have better control over my loss rather than hunt for huge profitable trades.
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    As a newbie, you can learn the technique by...

    As a newbie, you can learn the technique by creating a demo account. It will help you to find out the problem what you are facing while trading. It also helps to reduce your losses and create an...
  12. Thread: Risk an Fx

    by babushkafx
    Replies
    9
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    332

    Crypto currency especially bitcoin getting hype...

    Crypto currency especially bitcoin getting hype in 2020. Bitcoin reach record break high almost 10k in this year. However, sudden long also witness trader in the market. Lot of trader loss huge that...
  13. Thread: Forex Tips

    by babushkafx
    Replies
    23
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    4,330

    I also use signal copying service from Hotforex...

    I also use signal copying service from Hotforex it's called FxStat. They have very user-friendly integration with the broker and also rich in functionality.
  14. Thread: Risk an Fx

    by babushkafx
    Replies
    9
    Views
    332

    Try MACD convergence (slower MA intersecting...

    Try MACD convergence (slower MA intersecting faster MA) I have great results in trend predictions using this system with Hotforex, low spreads help to reduce costs.
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    1,345

    I began trading with Hotforex with only 100 USD,...

    I began trading with Hotforex with only 100 USD, as my trading improved I started to gradually increase trading capital by adding more money and chose higher lot size progressively to get higher...
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    I trade scalping with Hotforex and can certainly...

    I trade scalping with Hotforex and can certainly say that trading is one of the best sources of independent income from online activity. However it requires proper training and strong miscellaneous...
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    1,639

    Unfortunately only scalping strategies currently...

    Unfortunately only scalping strategies currently work in FX trading due to high economic uncertainty and volatility. I use simple scalping strategies with Hotforex with focus on major pairs due to...
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    167

    Unfortunately only scalping strategies currently...

    Unfortunately only scalping strategies currently work in FX trading due to high economic uncertainty and volatility. I use simple scalping strategies with Hotforex with focus on major pairs due to...
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    there is a false impression you can earn money...

    there is a false impression you can earn money from trading with hands down. It's really hard work which requires a good deal of diverse knowledge - programming, economics, statistics and in some...
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    Profitable trading strategy is a blend of hard...

    Profitable trading strategy is a blend of hard work, creativity and knowledge. For example I managed to develop successful scalping trading strategy after a year of experiments with Hotforex.
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    regulation has paramount importance when you...

    regulation has paramount importance when you choose a broker. For example I event didn't consider broker which don't have FCA license. That's why I chose Hotforex, they have licenses from a whole...
  22. Thread: Trade setup

    by babushkafx
    Replies
    4
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    186

    Yeah another import requirement is trustworthy...

    Yeah another import requirement is trustworthy broker, many newbies fail at this step because they don't fully understand what broker do they need and what it has to offer. For example after a year...
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    I make money with scalping on Hotforex. It took...

    I make money with scalping on Hotforex. It took me one year to be fast and precise enough to trade in profit with this approach.
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    basically these are equivalent notions, however...

    basically these are equivalent notions, however true FX is an interbank market so it's very important to find a broker who offers access to the true market and there is no conflict of interest...
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    Forex trading has been at the top for a long time...

    Forex trading has been at the top for a long time in terms of trading volumes. Many people trade together in this market. There are many types of analysis that traders can use to make a profit. Many...
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