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Gabrial1292
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Posts by
Gabrial1292
What are the best Forex Trading Strategies to Invest?
in
General
Jun 19 at 12:34
I mostly stick to swing trading and price action, focusing on clean setups around support and resistance. I use simple tools like RSI or moving averages for confirmation. But tbh align with your strategy also broker and platform matters. After years of experimenting now I have landed on a one, fxview, so far the experience is good lets see how it goes further.
Where Are You in Your Forex Journey?
in
General
Jun 13 at 13:07
I started trading forex a few months ago, and it’s been quite an interesting journey so far. I’ve made my share of mistakes, especially when it comes to risk management and sticking to a solid strategy. What’s really helped me is keeping things simple and focusing on just a few strategies that actually work for me.One thing I’ve realized is that choosing the right broker makes a big difference. I have tried many and can tell you that choose a one that process your withdrawals on time. After a long run, now I use fxview, they are good on that part and has no restriction ...
Is technical analysis effective for trading gold?
in
General
Jun 06 at 12:50
Yes, I totally agree that technical analysis works great for trading gold! While gold is affected by macro factors, using chart patterns, support & resistance, and indicators like RSI or moving averages can help pinpoint key price levels and trends.It’s a solid tool for finding entry and exit points. However, combining it with some fundamental analysis makes it even more effective, especially when big global events impact gold. So, yes, it’s definitely useful, just make sure to balance it with a broader market view!
What is the Most difficult challenge you went through as a trader?
in
New Traders
Jun 06 at 12:49
The toughest challenge for me was learning to trust my plan and not let emotions take over. Early on, I’d second-guess myself, but sticking to my strategy, even during tough times, is what helped me grow as a trader.
How to set the right stop loss and take profit
in
General
Jun 04 at 13:18
Yeah, I’ve been trading for a while now and used to follow a similar setup. High win rate felt good at first, but a few losses would wipe out weeks of gains, super frustrating.Now I focus more on risk-reward. I usually aim for at least a 1:2 ratio, risking 1% to make 2%. This way, I don’t need to win every trade to stay profitable.I place my stop loss where the trade idea is clearly wrong (like below support), not just a fixed %.For take profit, I look at the next key level or target that gives me a good reward.Hope that helps, it gets easier with experience!
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