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The Best Forex Trading Tools

This forum is for new and aspiring Forex traders. Trading can be very risky but can also bring great rewards. No one starts with continuous success but many continue with the success. It's a continuous learning, unlearning and learning again. Ask your questions, share your frustrations and also smiles of success. The objective is to have more and more smiles. Hoping to have the pros to frequent this playground to coach the new team here.
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Re: The Best Forex Trading Tools

Postby Kikizyak » Sat Jun 20, 2015 8:20 am

I'm determined to trade around news, but it seems too difficult at the momemt, so I prefer trading based on technical analysis. I quite often use RSI oscillator and SMA for my trading.
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Re: The Best Forex Trading Tools

Postby Sininfinity » Sun Jun 28, 2015 4:59 am

News trading has it's advantages but requires a specific time to stay on the terminal because news come out at a predetermined time. But some news are very profitable to trade with.
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Re: The Best Forex Trading Tools

Postby Jan Schoemaker » Thu Jan 11, 2018 3:25 pm

Usually retail traders feel less comfortable to trade on the pair which is not volatile, because the profit that they get is small, But with Forex4you as a retail forex trader I feel very much comfortable and safe with any pair. It is safer for me than to trade from the volatile pair. Usually retail traders, especially beginners like high volatility because it can make a huge profit, but not aware about the risks. Their own liquidity aggregator and order execution software MarketPlace makes order execution even faster, more stable and more secure.
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Re: The Best Forex Trading Tools

Postby Sininfinity » Sat Jan 13, 2018 6:10 am

Jan Schoemaker wrote:Usually retail traders feel less comfortable to trade on the pair which is not volatile, because the profit that they get is small,


Not all retail trader are uncomfortable trading in non volatile pairs. There are many strategies developed which work on non volatile markets.
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