Recent content by Polakandil

  1. Polakandil

    What Is A Spread?

    When we trade with an ECN broker like FXOpen, it is also important to pay attention to market sessions and liquidity, usually during quiet market sessions where market liquidity is low, the spread is likely to be wider, or when the news has an impact on the market, this does increase volatility...
  2. Polakandil

    How to trading strategies using Renko charts

    Various trading strategies have been built by traders to gain profits from market volatility. One popular strategy that perhaps traders rarely use is a trading strategy using Renko charts. Different from other charts such as Candlesticks, Bars, and Line charts, the Renko chart arrangement is...
  3. Polakandil

    EURJPY daily technical analytics

    EURJPY price today at 164.068 on Ticktrader FXOpen. Price still forms a small body candle as a decision candle. On the daily timeframe, prices move between the upper and middle band lines. EURJPY moved bullish yesterday from a low of 163,316 to a high of 164,316. Bollinger bands have formed a...
  4. Polakandil

    Should I invest in Bitcoin?

    I think that investing in Bitcoin still has quite good potential for future gains, since the existence of Bitcoin until now it has achieved a gain of more than 8000%, although the high volatility of Bitcoin also contributes to risk, but this can be a challenge to interesting investment or...
  5. Polakandil

    EURJPY daily technical analytics

    Today's EURJPY price is 164,660 on the Tradingview chart, the price forms a bearish candlestick with a small body. It seems that the price is still consolidating near the upper band line forming an inside bar which may be a reversal pattern. On the daily timeframe, the price moves near the...
  6. Polakandil

    EURJPY daily technical analytics

    EURJPY price is now at 164.571 on Ticktrader FXOpen, the price formed a small body bearish candlestick near the upper band line. On the daily timeframe, the price moves near the upper band line, and a strong bullish trend appears to be occurring in the EURJPY pair, this may be triggered by...
  7. Polakandil

    Gold prices soared after the Fed rate decision

    The Fed's decision at yesterday's meeting finally held interest rates unchanged at 5.25-5.50% for the fifth time in a row. The Fed also emphasized that it would wait for more supporting data before cutting its benchmark interest rate. As predicted by the market, it seems that the market response...
  8. Polakandil

    The importance of managing position sizing in trading

    Of course, it is important to pay attention to using position size in forex trading so that it does not violate the planned risk management limits, a position size that is too high causes the account's power to be reduced in withstanding price fluctuations, with equal risk we can split the...
  9. Polakandil

    EURJPY daily technical analytics

    EURJPY price at 161.168 on Ticktrader FXOpen. Prices form a gravestone doji reflecting indecision market On the daily timeframe, the price appears to be moving near the middle band line which is a consolidation zone. It can be seen that market doubts in this zone are reflected in the Doji...
  10. Polakandil

    How much harmful is emotion?

    Trading psychology is very dominant in the forex market, making a major contribution to trader decisions. There is an indicator that is useful for analyzing the market through trader behavior which is reflected in an index called the Fear and Greed Index indicator, this indicator reflects market...
  11. Polakandil

    EURJPY daily technical analytics

    EURJPY price today at 161,330 on Ticktrader FXOpen. The price forms a bearish candlestick with a small body and a short shadow at the top of the candle. EURJPY appears to be consolidating near MA 50. On the daily timeframe the price moves between the middle and lower band which indicates the...
  12. Polakandil

    risk management

    Forex trading is indeed a challenging profession, the role of psychology is very dominant in forex trading, when traders have strong psychology, it will be very easy to be disciplined in implementing risk management and trading strategies. How to build a strong psychology, one of which is the...
  13. Polakandil

    EURJPY daily technical analytics

    Today's EURJPY price on Ticktrader FXOpen at 161,635, the price formed an indecision candle near the middle band line. On the daily timeframe, the EURJPY price now appears to be consolidating near the middle band line which is the pivot point area. Yesterday the price formed a bullish...
  14. Polakandil

    Choosing a timeframe in forex trading

    If we have sufficient trading funds, follow-trend trading could be profitable, identifying the main trend using a high timeframe and looking further at a small timeframe to get the best price entering the market.
  15. Polakandil

    EURJPY daily technical analytics

    EURJPY today's price is 160.357 on Ticktrader FXOpen, the price forms a bearish candlestick with a medium body and a shadow on the top candle. On the daily timeframe the EURJPY price moves below MA 50 which means the market is in a downtrend. Prices have also successfully penetrated the lower...
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