Play over 1000+ slots! SPIN NOW! WIN CASH!
Investing in medical cannabis. It’s profitable!

Welcome to BeerMoneyForum.com - We Help Each Other to Make Money Online

Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?
Blue
Red
Green
Orange
Voilet
Slate
Dark
  Guest viewing is limited

☑️NEW AAFXtrading.com Reviews: SCAM or LEGIT?

Unigolle

Bronze Member
LV
0
 
Joined
Dec 28, 2018
Messages
60
Reaction score
2
Points
15
Age
34
Location
Moscow, Russian Federation
BMF Points
1,019
Rating - 0%
0   0   0
Such an impressive jump occurred not only on EUR/USD, but also on pound, CHF as well other pairs. Yeah, I would put EUR/USD and USD/CHF at the first place as the most impressive performers on Friday. I also didn’t manage to enter the market because I was busy at the moment, holy crap. I guess millions of impressed folks simply made the most of one-click trading. So, they simultaneously clicked that goddamn button and that thing instantly grew.
 

Razor1911

Emerald Member
LV
0
 
Joined
May 11, 2021
Messages
3,132
Reaction score
89
Points
135
Awards
1
Location
India
Website
theFreeDollars.com
BMF Points
1,155
Rating - 100%
1   0   0
Aren't you getting too fast to jump to the wild and savage world of Forex? Have you learn about firex and strategy to make long and steady profit?
Just be careful or you will lose all your investment. And please control you greedy or it will cut you down.. Good luck
Not at all. A trader is someone who knows how to analyze the market and handle accordingly. Without the knowledge and execution the forex trading is just like gambling where you have to totally rely upon your luck.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
Such an impressive jump occurred not only on EUR/USD, but also on pound, CHF as well other pairs. Yeah, I would put EUR/USD and USD/CHF at the first place as the most impressive performers on Friday. I also didn’t manage to enter the market because I was busy at the moment, holy crap. I guess millions of impressed folks simply made the most of one-click trading. So, they simultaneously clicked that goddamn button and that thing instantly grew.
I was intending to trade exactly EUR/USD that day after that news release but I failed to enter the market because as I told above it grew so fast. At that moment I didn’t care about other pairs, but later I viewed their charts and was also impressed by USD/CHF. I think that I should have enabled that one-click trading feature on my Metatraders, on my both aafx accounts. So, I could have bought euro and sell chf with one click without wasting time on setting trade parameters as it usually occurs. Now I know that one click trading comes in handy for such a situation. I will try it next time with this broker. I can’t complain about this company but there’s still much needs to be learned.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
It’s getting harder to trade now. I don’t know how it was in the past, for example, ten years ago, but as I told earlier, traders began to react instantly to news. One-click trading makes wonders. For example, yesterday, everybody was waiting for a another FED meeting and their decision. Once again, market participants reacted instantly with a giant bearish candlestick. Fortunately, this time, I was ready for such a cunning move and timely place a selling pending order and it came in handy to my great lucky. So, it brought me $320 for an hour and my depo hit $680. Now I realize that I can’t do without pending orders when dealing with such crucial events. Yesterday was lucky for me. I hope I will face another pleasant experience with this broker.
 

Moonsmith

Newbie Member
LV
0
 
Joined
Nov 7, 2019
Messages
21
Reaction score
1
Points
10
BMF Points
405
Rating - 0%
0   0   0
You are lucky but I’m not. I’m still holding locked positions on EUR/USD. Many times I could have gone out of that damn locking profitably but I had issues with my full-time job coupled with technical problems with my PC. Yesterday, I also didn’t have an opportunity to place a sell stop and my locking became even less advantageous in terms of getting out of this mess. I can still close it ending up with half of my depo, but I will not do this. I believe I will fix it. I have already coped with my issues and am ready to handle my locking.
 

Moonsmith

Newbie Member
LV
0
 
Joined
Nov 7, 2019
Messages
21
Reaction score
1
Points
10
BMF Points
405
Rating - 0%
0   0   0
It’s a very promising technique in my opinion. At least, I have been successfully using it for three years. Of course, it should be used in the proper way. You need to use it in a range. So, you need to be confident that the price will move in a range for some time. The downside of this approach is that it requires attention because once you lose an opportunity to close one of the deals, the situation will drastically worsen and can get out of your control. This time, I simply didn’t have an opportunity to control my trades.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
I have decided to temporarily stop trading currency pairs because I want to try indices. It seems to me that they are easier to trade than currency pairs. Perhaps, I have a primitive understanding of it but it seems to me that an index is easier to trade because it doesn’t contain the opposite currency in contrast with currency pairs. Therefore, it’s much easier to trade indices on news than currency pairs.
 

Unigolle

Bronze Member
LV
0
 
Joined
Dec 28, 2018
Messages
60
Reaction score
2
Points
15
Age
34
Location
Moscow, Russian Federation
BMF Points
1,019
Rating - 0%
0   0   0
I have decided to temporarily stop trading currency pairs because I want to try indices. It seems to me that they are easier to trade than currency pairs. Perhaps, I have a primitive understanding of it but it seems to me that an index is easier to trade because it doesn’t contain the opposite currency in contrast with currency pairs. Therefore, it’s much easier to trade indices on news than currency pairs.
Your point of view makes sense. When trading a currency pair, you need to always take into account the second currency included in a pair. You should realize that two currencies suggest the availability of two major banks that might have different confronting stances. It makes a reaction to news unpredictable. In addition to this, market makers may have complicated plans on each currencies. Market participants may have volumes on certain levels that may contradict with your trading plan. Indices are much simpler in this regard, but it doesn’t mean that they can’t be cunning. You should be attentive all the time.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
Of course, I don’t expect easy trading when I need to follow primitive patterns, but I’m currently exploring such indices as Nikkei 225, SPX500, UK100 and others with great interest. Glad AAFX has got a nice range of assets to trade.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
I was right that indices are much better to trade than currency pairs. I should confess that this idea came to my mind several months ago, but I somehow forgot about it. Fortunately, this worthy idea came to my mind once again and I finally implemented it. I not only implemented but I also derived great benefits from it.
Last time the only pairs I traded were AUD/USD and NZD/USD. Other assets were represented solely by indices.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
Yeah, I was lucky because I mosty gained. My only loss was $52 on the indix Hong Kong 50. The rest was profitable for me, including both currency pairs AUD/USD and NZD/USD, and the indices, Nasdaq, S&P 500, and UK100. So, for one day I gained $230. I think that AUD/USD and NZD/USD will be probably the only pairs traded by me in the future. I think that they are an optimal combination of liquidity and predictability. Their friendlier to me than EUR/USD that I find very cunning. In other regards, indices are certainly much better.
I should add that I didn’t use 1:2000 that day because I traded indices for the first time and preferred to stay on the safe side. In general, my expectations as for indices were met. Next time, I’m going to try other indices, in particular, Australian 200, Euro Stoxx 50, and DAX.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
I got a new problem. I noticed that for the last time I often lose opportunities in trading. For example, I decided to shift to indices and completely forgot about currency pairs. That’s a very bad thing.
 

77Papa

Bronze Member
LV
0
 
Joined
Apr 11, 2019
Messages
62
Reaction score
1
Points
15
BMF Points
1,174
Rating - 0%
0   0   0
That’s a typical problem faced by novice traders. It’s very easy to forget about other no less crucial assets when you are completely overwhelmed with chasing one. I also faced such a problem. It can be resolved with practice. First, it’s very hard to trade a lot of assets because it requires to be a multitasking man but it’s possible, just add a bit of practice and dedication.
 

Unigolle

Bronze Member
LV
0
 
Joined
Dec 28, 2018
Messages
60
Reaction score
2
Points
15
Age
34
Location
Moscow, Russian Federation
BMF Points
1,019
Rating - 0%
0   0   0
If you are struggling to pay attention to all assets, you can take advantage of special apps that could timely remind you to check corresponding charts. For example, you can use Wise Reminder or Free Alarm Clock. These tools can notify you with default sound alarms at the set time that you should open charts of majors and metals, for example. You can record voice messages and use them instead of default alarms. You can create voice alarms for each hour if you trade intensively throughout the day.
 

Epountic

Bronze Member
LV
0
 
Joined
Dec 27, 2018
Messages
94
Reaction score
4
Points
15
Age
27
Location
Sweden
BMF Points
2,033
Rating - 0%
0   0   0
Thanks for this worthy tip. I already see that it’s a brilliant decision for me. I overlooked the time when EUR/USD surged from 1,16640 to about 1,19. The ascend started on August 20, but I was busy about indices. I don’t want to miss anything. I hope this will help.
 

REWARDS: Active Raffles


  • Roll 25: Win 100,000 BMF Points!

    The entry period for this raffle ends in..

Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.