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Moving average is my favorite indicators. It give me viewpoint regarding with trend direction and I can use the line to enabling me to know potential support and resistance level. And if I use 2 line or more of moving average with different period setting, I can use crossover to give me entry...

In my point of view, better not rely much on indicators. Especially the one that promised by owner that it will give valid entry signals. Can be sure that all indicators will be repaint or late. Though for particular situations, it can be valid also. Traders need to observe the market and...

Traders can get free forex robots in forums. However, need to make sure whether robots is fixed already or just half baked robots. Which technically, not ready yet to use to trading. Some traders share their robots in order to help newbies to conduct automatic trading, but some others just want...

Robots give traders automatic entry signals which make traders not necessary to perform analysis. However, robots made based on specific code which it rigid. Make robot unable to be flexible which give traders many losses when market situations changed. The best is manual trading. But if traders...

Robots give traders automatic entry signals which make traders not necessary to perform analysis. However, robots made based on specific code which it rigid. Make robot unable to be flexible which give traders many losses when market situations changed. The best is manual trading. But if traders...

There are brokers which provide platform which it integrated with zulutrade. Traders will get entry signals without they are necessary to perform own analysis. Other case, traders can use robots to generate automatic trading signals. However, robots have less effective than trading signals.

Well, you can get good EA if take reference from EA tester provider. However, good EA very expensive. No good EA which have cheap prices. In my point of view, than spend money by buy EA, better spend the money to pay mentor to teach us trading properly. We have own trading skills and its...

The chance to understand trading psychology is after traders trade in live account, after previously stick with demo account. Traders will deal with different environment which can causing them unable to calm and make everything doesn’t work properly. While they are able to did good in demo...

Traders can start gain knowledge by join free forex school site such as babypips. And then enrich more knowledge by active discuss in forex forums. Don’t forget also to open demo account to enabling traders to take practice and implement knowledge during learning in forex school and forums.

Previously, I am deal with indiscipline attitude. Often make early assumption and impatient to wait good entry setup and confirmation pattern. It make me to open many position which make me to get losses. Before finally I am able to open the correct one which give me profit. Now, I am force my...

Well, major pairs being choosen by many traders since it provide good daily average range movement which enabling them to conduct short term trading. Brokers charge less spread which able to make profit potential being high too. Many advantage available if traders trade with major pairs...

Newbies need to know that this business doesn’t easy at all. Require competency in order to trade successfully. Knowledge and experience should be appropriate to lead them able to conduct analysis. Newbies can’t trade forex like gambling where they can guess only and make profit consistently...

Fear can control traders greed. However, it’ll become worst when fear too much affected traders calmness. Traders will tend to not discipline with trading strategy and always question their own decision. Whether they are make correct prediction or not. Fear also make traders unable to comfort...

Well, since learning material easy to get, no doubt that number of skilled traders will be increase. Moreover, currently brokers make massive promotion which offering free capital to trading. Via bonus posting and trading contest prizes. With such advantages, easy to traders to be profitable. As...

Well, company has own operation money and they’ll not going to be bankrupt when countries goes on crisis. However, we need to be aware when brokers have lack of money and make the business run fully depend on investors money. They are bucketshop type of brokers which can steal traders client money.

Traders have chance to generate high amount of income while they can start trading with little capital. That is a gift. However, whether traders able to take benefit from the gift or not, all depend on them. If they are working hard to build knowledge, experience and strategy, have chance to be...

Wise enough to quit from main job after traders able to become profitable and the income more than enough to fulfill living expenses. If traders in learning phase still, not advisable to quit from main job since traders need money still as back up when they are fail and suffering margin call.

To make robots improve, obviously we need to have coding skills. We won’t understand robot code language if we are have no knowledge about it. First step obviously is perform test. Traders know the robot weaknesses if they are know the result after test. Then traders should open meta editor to...

Put stop loss or not, depend on traders needs. If they are have time to monitoring trades, probably not necessary to put SL since they can conduct cut loss manually. However, for traders who unable to always stay to monitoring the trades, because have others important activities, they need to...

Trade effectively won’t be happen if traders have no trading strategy, or trading system. Analyze the market and point out good trading timing, all of them we can do if have a trading system. In order to found or create good trading system, previously traders need to observe the market and tried...