Recent content by borzy

Technical analysis is often perceived as simpler than fundamental analysis due to its focus on historical price data and chart patterns, which can be more straightforward to interpret for some traders. Technical analysis relies on mathematical indicators and visual patterns, making it easier to...

Absolutely, knowledge is indeed crucial in forex trading. Having a deep understanding of market dynamics, technical and fundamental analysis, risk management strategies, and trading psychology can significantly enhance a trader's ability to make informed decisions and navigate the complexities...

Finding currency pairs with low spreads involves comparing spreads offered by different brokers and monitoring spreads during different trading sessions. Typically, major currency pairs like EUR/USD, USD/JPY, GBP/USD, and USD/CHF tend to have the lowest spreads due to their high liquidity and...

I spent three hours trading with HFM because I consider it as part-time activity. The reason for that is inconsistent returns, i.e. no stability.

Can't see this coin in my HFM platform.. Is it new?

In my experience, both simple moving averages (SMAs) and exponential moving averages (EMAs) have their merits depending on the trading strategy and market conditions. SMAs offer smoother price averaging over a specified period, while EMAs place more weight on recent price data, making them more...

FOMC meetings can have a significant impact on financial markets, particularly in the United States and globally. Markets closely watch FOMC meetings for signals regarding changes in monetary policy, including interest rate decisions, quantitative easing programs, and forward guidance on future...

Trading is easy to start due to the accessibility of online platforms and low barriers to entry, but achieving success is challenging due to the complexity of financial markets, emotional pressures, and the competitive nature of trading, requiring continuous learning, discipline, and...

Market analysis accuracy varies depending on factors such as data quality, analysis methodology, and market conditions. While thorough analysis increases the likelihood of accurate predictions, no method can guarantee perfect forecasts due to the inherent uncertainty of financial markets...

Emotions can be harmful in forex trading when they lead to impulsive or irrational decision-making, such as chasing losses, ignoring trading plans, or overtrading. Emotional reactions like fear, greed, or anxiety can cloud judgment and disrupt disciplined trading, leading to poor outcomes and...

Commodity technical analysis involves studying price charts, patterns, and indicators specific to commodity markets to forecast future price movements. Traders use tools like trendlines, support and resistance levels, moving averages, and momentum oscillators to identify potential entry and exit...

The accuracy of market analysis varies depending on various factors such as the quality of data, the depth of analysis, and market conditions. While no analysis can guarantee perfect predictions, combining multiple analytical techniques and staying informed about economic indicators and...

One key way to increase profitability in forex trading is to focus on risk management by setting appropriate stop-loss and take-profit levels for each trade. Additionally, continuously learning and adapting to market conditions, along with disciplined execution of trading strategies, can...

Can you give any advice how to carry out it appropriately?

Very good what is the underlying idea of this EA? Can you describe in details?