Robert Kristofer

I believe that a move above 120 is a buying opportunity as we should head to the 122 level. After that, I believe that the market should continue to go higher, probably to the 125 level. I believe that the market will eventually go much higher than that, as it becomes a “buy-and-hold” situation under that scenario.

With positive divergences we should see a rally back towards 1.1025-30 and after a correction this could reach the 1.1050-70 area (approx.) Watch for bearish reversal indications but which suggests only for a correction.

Lina my friend! I'm also trading with Zulu. There's a strong group of Zulutrade warriors at the FXFatcat, with signal provider recommendations etc. Be careful though, you don't want to follow someone without full knowledge of the person you're following.

As I know it's still actual. I'm curious to trade with Zulutrade or VertexFX Account Mirroring anyway. Does anybody have positive experience with them?

Thank you for your answer. I found out from your website about 35% bonus. Give me more details, please. Can I use other bonuses with this one? If I can, which bonuses?

The market will probably indicate a bearish opportunity at the level of 1.4926 in the short term. According to the previous events, the price is going to move between the levels of 1.4926 and 1.4706. However, the stop loss should be placed at the price of 1.4993.

It's my favourite pair actually. USDJPY was back near the 120.8 levels having found support near the 120.16 support lower alongside the confluence of the rising price channel. A break above 120.8 is essential, but will see price action yet again enter into a squeeze before an imminent break out. The downside supports look strong enough to hold on to the declines, with 120.465, 120.16 and the rising price channel’s support line all in sync. But a break from this level could pose serious risks as the next major support comes in at 118.4.

I think, current area around 1.06 is a perfect load area for the swing. 1.06/1.10 could be the swing for a couple of weeks before next leg. What do you think?

Give more details about no deposit bonus, please. Are there any limits of trading certain currency pairs? Can I trade USDJPY and USDCAD using this bonus?

i got more profit with bonus in mayzus broker. last week market has nonfarm news. i had chance for big money. because i was get bonus. i was earn more money i get 100% my fund in account. it is great. we need bonus for some chance as that.

Thanks for sharing your experience! I have never heard about mayzus broker. What does 100% bonus mean? Can you withdraw it?

Demo contest is the best place to prove yourself although many of us don’t believe the importance of demo account. But, in my trading life, I took it very seriously for gathering most powerful analyzing trade knowledge and my trading platform MxTrade supplied me $1000,000 that inspired me very much to prove myself. I participated a demo contest that was related real prize and here I applied my all trading experience.

To learn the Forex basics I traded on demo, then I went live and opened an accoun with a very small deposit (there are lots of brokers offer a micro account, I chose freshforex, it doesn't require a certain amount of money for opening account) to check my stategies.

NOt bit confused but really confusing if you are the newbie and start choosing a broker.

For me its not confusing because I've been trading for many years and know which broker is good. I recommended to trade in Liteforex, Mayzus, for Binary you can choose FirstBinaryOption, and fxpro.

its great place..

Yeah, it's easily to get confused while your a newbie and have to choose a broker, but if you are experienced you needn't stop looking for some more profitable conditions, I think. What do you think about bonuses which brokers give if you open an account in their company? I'm quite curious about no deposit bonus and bonus for changing a broker from FreshForex. Any experience?

It's worth testing a broker before you deside to trade Forex with it. Lots of offers from plenty of bokers can easily confuse anyone, therefore a demo account is a good chance to understand if it's the right broker for you. I aslo like an opportunity to use no deposit bonus (I'm testing FreshForex at the moment), because I can test how long it takes to withdraw money as well.

I would recommend you to experience trading on their demo account first before making any decision to open a live account. As you may know, every broker offers different type of platforms. Check on spreads, commissions, minimum deposit, term & conditions, etc.

That's a really good recommendation. It's also possible to test a broker trading with money it gives you. For example, FreshForex offers no deposit bonus. It gives $500 for trading and you can withdraw your profit from trading with this bonus.

I'm trading with https://freshforex.com, they offer floating spreads on one type of accounts (from 0,9) and fixed for another (from 2 pips).

Can you recommend any good brokers offering a micro account with a high leverage? I used RoboFX but looking for somehting else.

There are some factors should be considered when choosing broker: system stability, repuation, spread, withdraw speed, regulations, also the feedback from users.

Honestly, I was looking for some profitable promo and found my broker Freshforex. I trade on demo for some time to check it and at the moment I'm on real account.

I quite trust my broker (it sounds a bit strange from a trader, I know), but I trade with it for about half a year and don't have any problems with it. Freshforex is regulated, has no any problems with withdrawal and provide satisifying conditions.

One of main idea in forex trading is reducing risks, because you can't avoid it. A trader should use money managment and risky managment (in addition to his/her trading strategy) to make his or her trading more safe, but it's not enough. Many risks depend on a broker, for example widespread problems with withdrawal. I'm with FreshForex now and withdrawal takes a few minutes, fortunately.

Trading with a high leverage is highly recommended,as I know, if you account is about $200. Even if you have 1,000 $ it's better to use a lower leverage like 1:400 or 1:200 if your broker allows that.

Usually prefer to keep myself away from mobile trading and that’s due to simple reason as I don’t like doing binary trading on my phone, it does not give me freedom to analysis the market. So I rather prefer focusing doing trading from my computer and I am doing binary with top brokers and I found it because of following the greatest reviewer site Best Binary Broker, it really helps me keep up to the trend of which broker is doing what and all the features.

I agree. I can't concentrate properly using my mobile phone so I prefer doing trading from my computer.

I know that some brokers offer more than 100 pairs but I don't need so many, I'm satisfied with EURUSD :)

I can't imagine my trading without learning from other traders and forums are the right places to do that. How can I learn really complicated things from technical and fundamental analisys by myself? An opportunity to learn some experience is quite important, I think.

Through months of research I've narrowed down that if you scalp there's only one way to do it, and that's through a decent robot (none of this $99 rubbish). Most decent EAs are only available through a developer or an EA , sometimes you can get decent forex account managers to trade for you (requires research and they are limited). Naturally, the lower the spreads, the better it is for scalping.the low spread given, personally i use scalp my system with armada market ECN account i've got 0.8 pips cost per trade with EURUSD, including commision.

http://quotes.armadamarkets.ee/livegraph/flot/quotes.html

a quick look on their live spread. not a raw spread, but a low feemark up, as i've got execution quality on ECN account type.

sounds good! Are you satisfied with its withdrawal?

You can't avoid losing money in forex trading. What was your longest loss streak?

Some tips how to overcome fear of losing money: First of all, stop trading. Then ask yourself these questions: 1. Am I truly confident in the strategy? 2. Do I believe I have acquired the knowledge in order to successfully trade my plan? 3. Is my position size too large for my tolerance? 4. Do I truly understand the odds for success? 5. Do I truly understand failure.