• The Forex, Binary Options Forum - welcomes you to our Community!

    DigitalCashPalace Forum is dedicated to discussions about Forex, Binary Options, commodities, stocks related.

    Please take a look around, and feel free to .

Search results

  1. K

    News In Forex Trading

    Some news such as NFP, CPI core and unemployment rate have significant effect to the market. Such news lead traders to involve in trading and make the movement range become sharp and high. In few hours, traders can see that movement range exceed more than 80 pips. Even could increase more...
  2. K

    Is there a specific time in a day that you trade

    Scalper probably have specific time in everyday trading. Probably will select london or new york session since that is the time when market volatile. Scalper probably not trade at tokyo session because the session provide less volatility.
  3. K

    Full time and part time Forex trader.

    Traders can choose to become part time traders if they are have other activities which it become priority. Since market open for full 24 hours, traders have time to trading after they are finished the job that become their main priority. Forex is flexible business which allowing traders to trade...
  4. K

    Forex totally impossible

    Often occur traders choose to surrender and have no clue how to deal with complex market. They are tried many method already but unable to generate good and consistent result. Indeed, not easy to become knowledgeable and arrive at aha moment. Some traders require more than 5 years to arrive at...
  5. K

    PAMM Account

    If we are confident with our trading skills and have good trading record previously, we can open PAMM account and manage investors money. We have chance to get higher capital to trading and able to generate decent income even per trade. But if we are not confidence yet about our own skills...
  6. K

    Forex trading is not easy?

    Statistic of failure traders explain that this business not easy. Many people end up with losing and few only who able to generate profit. The market create difficulties because require to predict the future outcome. While there are no method able to predict the price exactly correct. The best...
  7. K

    Are you addicted to forex

    Forex seems addicted. But actually its not. Traders feel unable to stop trading because they are curious how to make profit in trading. They are curious why the market seems against them and generate losses only. However, when traders start to become experienced, they’ll less trading because...
  8. K

    Trading Forex or bitcoin

    I am not familiar yet with bitcoin and how to trading it. And what makes the rate increase and decrease. However, bit coin is online currency and one of virtual currency which often use as payment for hyip and now ptc program. If require to choose, I am prefer forex trading since I know and...
  9. K

    Suggest any another good forex company

    Good forex company usually reliable and trustworthy. Being regulated already and get many positive feed back from traders client. Not too difficult to point out whether a broker reliable or not. Just reading reviews or ask senior traders to give guidance regarding how to choose good forex brokers.
  10. K

    Short Term - High Return Online Trading

    No doubt that short term approach is quicker way to get high profit from market. But it mean traders deal with fast market changes or volatility. Its difficult and harmful if traders have no long trading experience. Or have lack knowledge regarding with market movement. For newbies, not...
  11. K

    Clarifying Your Issues

    After learn the market, seems I can answer the first question too. Though we can’t predict the market outcome in short future period, but we can predict the future market outcome based on long term movement. Mean, we should predict the trend. And not volatility. Market will always ups and downs...
  12. K

    cyprus forex brokers

    Majority brokers choose to become regulated in cyprus. I don’t know what happen actually but seems it related with low tax and the capital needed to being regulated. Doesn’t become a big problem actually if brokers start with minimal capital and choose to make the business being regulated with...
  13. K

    What is the function of forex market?

    Currencies exchange give contribution to the currencies rate. However, the biggest impact come from big player and retail traders who trade in the market directly. Fast and sharp movement in price wouldn’t happen if it rely on currencies exchange activities only.
  14. K

    Why would I trade Forex?

    Majority people doesn’t like with the risk in forex. Moreover, predict the future price movement very complicated. However, its just assumption when occur when people pessimist. If they are able to see that market complexities could be learned, they’ll involve in this business for sure.
  15. K

    Forex great opportunity for knowledgeable and skills people.

    Forex doesn’t different with other business or job. Require competency to someone able to success. And if traders able to make themselves knowledgeable and skilled, via constant practice, no doubt that they’ll able to conduct proper trading. Point out the trend and good trading setup not easy...
  16. K

    Which news must be follow.

    High impact news give traders chance to get decent profit. Even in short period of time. In news calender, high impact news mark by red flag color. It could lead the price to movement sharply, and in high range. Require analysis to judge the news impact outcome. Or if traders not convince...
  17. K

    Gratest Loss

    I lose small only but often at initial phase. Because I am trade in live account with small capital only. However, if it in pips, the greatest loss is 200 pips. But since I am tried to implement swing approach and trade by riding the trend, reasonable if wrong judgment of the trend market cost...
  18. K

    Tips for beginners to learn forex

    The best way to newbies is take practice in demo account. Practice trading with specific strategy and observe the market till traders understand the attitudes. When newbies know how to read the market situations in proper way, they have chance to perform proper analysis and make good trading...
  19. K

    what would you do if you lost?

    If loss occur, traders should keep calm and see the next trading opportunity with logical approach. Traders can let emotions take control over though they are loss in high amount. Or if traders unable to calm, better if they are close the chart and stay away from market. Than they are keep...
  20. K

    Risk Management In Forex (II)

    Opportunity to use big lot size make taders to conduct aggressive trading. Use maximum lot without considering capital capacity. If traders trade with high capital, doesn’t create a problem if they are use big lot size in trading. However, if traders use small capital only, doesn’t wise approach...
Top