• 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. Tom Latham

    EUR/NZD analysis

    So, what will be your ultimate target in this case? I see, you have mentioned here an initial trading target, so what do you think? Will the trend change permanently? I mean, it’s a scalping or swing trading opportunity?
  2. Tom Latham

    Trying to forecast forex rates is an acquired skill

    To be honest, my 1st 2 years trading experience is very bad! Since I hadn’t any trainer so, I faced so many problems in there! By the way, now I am enjoying my live trading! I seem, Forex trading business is always challenging! It’s not an easy way of money making.
  3. Tom Latham

    Importance of trading strategies

    The trading strategy is very important, I see all of the pro traders are making money without any panic because they are trading with a particular trading strategy or system! But it’s not easy to make a profitable trading system or strategy.
  4. Tom Latham

    Market timing is everything

    No doubt, timing is very much important issue here! By the way, I am doing my live trading according to my trading plan, so I don’t open multiple trades position in a time, whatever good opportunity it is! As a result, now I don’t face huge losses in my trading.
  5. Tom Latham

    The Best Broker for scalping

    I see, many brokers don’t allow scalping trading! Scalpers should avoid this kind of broker! I think, the low trading spread is a very important facility for the scalpers since they are trading with tight trading targets like 15-25 pips.
  6. Tom Latham

    What is scalping ?

    Scalping is, one of the most popular short-term trading styles in Forex! A number of new Forex traders start their trading life with this trading style, it’s relatively risk-free trading style than others! When I do scalping, then I set my SL for 15-20 pips.
  7. Tom Latham

    Market Time

    Well, among all of sessions London session is my most favorite one because of high volatility! I see, maximum trading points in that popular session! But, that doesn’t mean I avoid others trading session! In my trading, I use all of trading sessions to trade.
  8. Tom Latham

    Demo contests & competition !!

    Yes, before starting my live trading, I participated in demo contest! Although, there was no prize to me, but I was so serious about that competition! I see traders were using heavy trading lots size in competition, but I was not!
  9. Tom Latham

    CAD/JPY analysis

    It’s a clean uptrend according to the daily trading chart! Right now, I am waiting to buy CAD/JPY at the low price! BY the way, I liked your descriptions on this major trading instrument! Good job.
  10. Tom Latham

    What if your country bans Forex

    I don’t care actually! Because, Forex trading is my profession. I trade silently, even I am not involved any trading community in my country. So I have no fear!
  11. Tom Latham

    Would you trade with a non regulated broker

    No way, I see maximum non-regulated brokers are scam! They are involved with blocking traders account after making handsome money from this financial market. So, I prefer only high regulated Forex broker whatever ECN or STP it is.
  12. Tom Latham

    overconfident is ?

    I see, many traders are trading with a high risk reward ratio (more than 5%)! According to me, it is called overconfidence. Listen, there is no certainty or guarantee! So, traders should use low risk reward ratio like 1-2%. Pro traders follow money management so honestly.
  13. Tom Latham

    Copy Trading for Newbie Traders

    I don’t prefer copy trading to a new Forex trader! Because, it’s not anything like the permanent solution, for me manual trading is much better than automatic trading services! So, new traders should concentrate on the demo.
  14. Tom Latham

    Psychology in trading could help you or hurt you

    The traders, who are following money management in their trading! Of course, they wouldn’t face any unbearable losses in their trading! Money management knowledge is very important here!
  15. Tom Latham

    What are the Disadvantages of Binary Options Trading?

    The Binary Options market is too uncertain! That’s the main problem! For trading, I rely on the only Forex! Forex market is much flexible than options and others sector of trading like stock! I get enough financial freedom through Forex market.
  16. Tom Latham

    AUD/JPY analysis

    According to the daily chart, clearly, it’s a bullish trend! Here, I am also waiting for buy trade. Maybe on upcoming Monday, I am going to open a new buy trade if I don’t see any initial interest from the sellers.
  17. Tom Latham

    Discussion about the best trader of the world!

    No, I have no idea about this guy! Basically, in my trading, I use my personal trading strategy that provides me 10% monthly return in average! Besides, I am trying hard to increase it’s success ratio by practicing in the demo.
  18. Tom Latham

    Health and Forex goes side by side

    Trading is all about the mental game; so take care about my mental condition with my health! On the other hand, I don’t open any new trade position when I am not 100% okay in mentally or physically.
  19. Tom Latham

    Role of courage and fear in Forex trading

    Basically, pro traders are confident in their trading! On the other hand, fear is one of the most common problems for the new Forex traders! Yes, I was also involved with that issue but I am not! Because I have already spent here more than 2 years!
  20. Tom Latham

    AUD/JPY analysis

    Good analysis! I am also with the buy momentum! Although last this week we got very small buy movements according to our expectations; hope in upcoming week we’ll get more buy pressure here!
Top