ForwardX

Joined Dec 20, 2021

Posts: 31

Connections: 0

Experience: No Experience

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Recent Posts

Who are the most reliable forex brokers for traders based in South Africa?

Fxview

220

Jul 03 at 05:28

What are the best Forex Trading Strategies to Invest?

I prefer a trend-following strategy using multi-timeframe analysis and confluence zones. I look for alignment between higher (daily/4H) and lower (1H/15m) timeframes, confirm with indicators like EMA crossovers or RSI divergence, and enter only when price reacts at key supply-demand or Fibonacci lev...

260

Jun 25 at 11:45

Risk management vs. profit potential - how do you find the sweet spot?

The sweet spot is finding the right balance between how much you risk and how much you aim to gain. Typically, risking 1 - 2% of your account per trade while targeting twice that amount (a 1:2 risk-to-reward ratio) works well for me.

234

Jun 06 at 11:46

About retracement

Absolutely agree with this! That “toll” mindset really helps frame things better - it's easy to get caught up in trying to squeeze every last pip out of a move. Accepting profit-taking as part of the game keeps emotions in check and helps maintain consistency. Great perspective!

181

Jun 05 at 12:51

Is technical analysis effective for trading gold?

Yes, technical analysis works well for gold trading. Its liquidity and clear patterns make indicators like RSI and moving averages reliable for spotting trends and entry points. Combining it with market news improves results.

280

Jun 05 at 12:22

ForwardX's Reviews

Pialang

Pretty impressed with the recently added feature (deposits and withdrawals in BTC). It is the need of the hour. Really good broker if you're into forex trading and looking for lower costs.

Jan 21, 2022 at 09:03

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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.

EURUSD	1.17939	GBPUSD	1.35128	AUDUSD	0.6712
USDJPY	155.927	USDCAD	1.36716	USDCHF	0.78666