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What's your favorite supply and demand tools please share so we can try it together. I use Autochartist with HFM, it comes free so newbies can also try it. Can anybody suggest something similar to try?

Trading psychology and discipline are crucial because even the best strategies can fail without the right mindset. It’s about managing emotions like fear and greed, which can lead to impulsive decisions and deviating from your trading plan. Staying disciplined means sticking to your rules for...

A trading plan for consistent trading should include clear guidelines for entry and exit strategies, risk management, and market analysis. Start by defining your trading goals and preferred strategies, such as trend-following or range trading. For example I use 1% risk per trade using 1:100...

Changes in the unemployment rate can significantly impact currency prices in the forex market. A higher unemployment rate often signals a weakening economy, which may lead to lower consumer spending and slower growth, putting downward pressure on a country's currency. Conversely, a lower...

I guess both, income from FX isn't sustainable if you are not pro, I spent three hours trading with HFM, rest is for the office job that makes part of stable income

I think Gold will soon reach 3K milestone that's why I keep small long position (0.05) lot with HFM, hope to make some money off it

Supply and demand refer to the fundamental forces in a market that dictate price movement. Supply is the amount of an asset available, while demand represents the desire to purchase that asset. When demand exceeds supply, prices rise, and when supply exceeds demand, prices fall. Support and...

Forums is a good source of trading knowledge and education stuff. I would also suggest to try brokers webinars with professional speakers, like those offered by HFM or Exness. They give lots of useful tips

I used MT4 for a very long time and never had any issues with it, recently I've upgraded to MT5 from HFM and don't regret it has many new features including economic calendar and python library for coding.

Supply and demand in trading refer to the fundamental economic forces that drive price movements. Supply is the amount of a particular asset available in the market, while demand is the desire and ability of buyers to purchase it. When demand exceeds supply, prices rise, and when supply exceeds...

Momentum, trend-following, reversals, pullbacks, candestick patterns etc. Lots of them. But personally I prefer to trade with S/R because I like graphical analysis.

Free-tier AWS version isn't sufficient for trading, I remember it started to experience sever lags when I launched MT4 on it. After that I decided to order VPS directly from MQL for my HFM expert advisor, it is the fastest option (ping like 1 ms or less) and relatively cheap.

Bro deriv doesn't pay a lot, if you start to make decent gains they notice and block. Moved to HFM from Deriv due to these disgusting practices.

If your play is based on long-term outlook, averaging may be a perfect way to make your position more resistant to downside while retaining opportunities to squeeze max from long-term trade. I really like to enter position partially when trading on Gold, for this I use special averaging bot with...

To stay safe from investment scams, always verify the credentials and regulatory status of any broker or investment firm before committing funds. Be cautious of offers that promise high returns with little risk, as these are often red flags. Lastly, conduct thorough research, read reviews, and...

You can create simple software with chat GPT that creates additional line which is log prices, however log prices offer skewed picture of price dynamics which can be misleading.

What means non-repaint indicator, explain please. What makes it repaint previous values? Like broker adjusting price or something like that? Never noticed price adjustments in my HFM platform though

Risk management in forex trading involves strategies to protect your trading capital from significant losses. Key practices include setting stop-loss orders to limit potential losses, using only a small percentage of your trading capital per trade (often 1-2%), and avoiding excessive leverage...

What do you think about sentiment indicators is it worth to try or they encompass bias only of some public since gather statistics worldwide is basically impossible?

CFD is a good alternative you can for example try HFM or Exness they offer stocks trading, same exposure just different contract. I even find this market more efficient than trading on exchange, since no tax, all gains are yours