Can You Really Make 20 to 50 Pips Per Day in Forex Trading ...

Do you want to make profit in #FX with minimal effort? Download the #signalapp now. We give 2-3 signals every day with 20-30 pips profit. Here is a recent trade in #EURGBP where we made 31 pips. And it's completely free. https://traderpulse.com/forex-trade-signals/#pricing

Do you want to make profit in #FX with minimal effort? Download the #signalapp now. We give 2-3 signals every day with 20-30 pips profit. Here is a recent trade in #EURGBP where we made 31 pips. And it's completely free. https://traderpulse.com/forex-trade-signals/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

Are you looking to make 20-30 pips a day in the #FXmarket? Then download this cool #signalsapp. We post 2 signals a day for 20-30 pips profit. Here is our recent endeavor in #EURJPY where we scored 30 #pips. Get it now. https://traderpulse.com/forex-trade-signals/#pricing

Are you looking to make 20-30 pips a day in the #FXmarket? Then download this cool #signalsapp. We post 2 signals a day for 20-30 pips profit. Here is our recent endeavor in #EURJPY where we scored 30 #pips. Get it now. https://traderpulse.com/forex-trade-signals/#pricing submitted by traderpulse to u/traderpulse [link] [comments]

865 Pips Today, Amazing Trading Day, 27th Mar, 20, Watch Live Forex @ ht...

865 Pips Today, Amazing Trading Day, 27th Mar, 20, Watch Live Forex @ ht... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

359 Pips Today, Amazing Trading Day, 30th Mar, 20, Watch Live Forex @ ht...

359 Pips Today, Amazing Trading Day, 30th Mar, 20, Watch Live Forex @ ht... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

441 Pips Today, Cool Trading Day, 24th Mar, 20, Watch Live Forex @ http...

441 Pips Today, Cool Trading Day, 24th Mar, 20, Watch Live Forex @ http... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

830 Pips Today, Amazing Trading Day, 26th Mar, 20, Watch Live Forex @ ht...

830 Pips Today, Amazing Trading Day, 26th Mar, 20, Watch Live Forex @ ht... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

1447 Pips Today, Amazing Trading Day, 24th Mar, 20, Watch Live Forex @ h...

1447 Pips Today, Amazing Trading Day, 24th Mar, 20, Watch Live Forex @ h... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

1270 Pips Today, Amazing Trading Day,20th Mar, 20, Watch Live Forex @ h...

1270 Pips Today, Amazing Trading Day,20th Mar, 20, Watch Live Forex @ h... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

1121 Pips Today, Amazing Trading Day, 19th Mar, 20, Watch Live Forex @ ...

1121 Pips Today, Amazing Trading Day, 19th Mar, 20, Watch Live Forex @ ... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

553 Pips Today, Amazing Trading Day, 16th Mar, 20, Watch Live Forex @ h...

553 Pips Today, Amazing Trading Day, 16th Mar, 20, Watch Live Forex @ h... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

383 Pips Today, Cool Trading Day, 23th Mar, 20, Watch Live Forex @ http...

383 Pips Today, Cool Trading Day, 23th Mar, 20, Watch Live Forex @ http... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

326 Pips Today, Best Trading Day, 16th Mar, 20, Watch Live Forex @ http...

326 Pips Today, Best Trading Day, 16th Mar, 20, Watch Live Forex @ http... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

724 Pips Today Best Trading Of The Day, 13th Mar, 20, Watch Live Forex ...

724 Pips Today Best Trading Of The Day, 13th Mar, 20, Watch Live Forex ... submitted by AshrafNoor to u/AshrafNoor [link] [comments]

20 Pips a Day Scalping Forex Trading Strategy

20 Pips a Day Scalping Forex Trading Strategy submitted by aminefx12 to TradingSiteReviewsCom [link] [comments]

Former investment bank FX trader: some thoughts

Former investment bank FX trader: some thoughts
Hi guys,
I have been using reddit for years in my personal life (not trading!) and wanted to give something back in an area where i am an expert.
I worked at an investment bank for seven years and joined them as a graduate FX trader so have lots of professional experience, by which i mean I was trained and paid by a big institution to trade on their behalf. This is very different to being a full-time home trader, although that is not to discredit those guys, who can accumulate a good amount of experience/wisdom through self learning.
When I get time I'm going to write a mid-length posts on each topic for you guys along the lines of how i was trained. I guess there would be 15-20 topics in total so about 50-60 posts. Feel free to comment or ask questions.
The first topic is Risk Management and we'll cover it in three parts
Part I
  • Why it matters
  • Position sizing
  • Kelly
  • Using stops sensibly
  • Picking a clear level

Why it matters

The first rule of making money through trading is to ensure you do not lose money. Look at any serious hedge fund’s website and they’ll talk about their first priority being “preservation of investor capital.”
You have to keep it before you grow it.
Strangely, if you look at retail trading websites, for every one article on risk management there are probably fifty on trade selection. This is completely the wrong way around.
The great news is that this stuff is pretty simple and process-driven. Anyone can learn and follow best practices.
Seriously, avoiding mistakes is one of the most important things: there's not some holy grail system for finding winning trades, rather a routine and fairly boring set of processes that ensure that you are profitable, despite having plenty of losing trades alongside the winners.

Capital and position sizing

The first thing you have to know is how much capital you are working with. Let’s say you have $100,000 deposited. This is your maximum trading capital. Your trading capital is not the leveraged amount. It is the amount of money you have deposited and can withdraw or lose.
Position sizing is what ensures that a losing streak does not take you out of the market.
A rule of thumb is that one should risk no more than 2% of one’s account balance on an individual trade and no more than 8% of one’s account balance on a specific theme. We’ll look at why that’s a rule of thumb later. For now let’s just accept those numbers and look at examples.
So we have $100,000 in our account. And we wish to buy EURUSD. We should therefore not be risking more than 2% which $2,000.
We look at a technical chart and decide to leave a stop below the monthly low, which is 55 pips below market. We’ll come back to this in a bit. So what should our position size be?
We go to the calculator page, select Position Size and enter our details. There are many such calculators online - just google "Pip calculator".

https://preview.redd.it/y38zb666e5h51.jpg?width=1200&format=pjpg&auto=webp&s=26e4fe569dc5c1f43ce4c746230c49b138691d14
So the appropriate size is a buy position of 363,636 EURUSD. If it reaches our stop level we know we’ll lose precisely $2,000 or 2% of our capital.
You should be using this calculator (or something similar) on every single trade so that you know your risk.
Now imagine that we have similar bets on EURJPY and EURGBP, which have also broken above moving averages. Clearly this EUR-momentum is a theme. If it works all three bets are likely to pay off. But if it goes wrong we are likely to lose on all three at once. We are going to look at this concept of correlation in more detail later.
The total amount of risk in our portfolio - if all of the trades on this EUR-momentum theme were to hit their stops - should not exceed $8,000 or 8% of total capital. This allows us to go big on themes we like without going bust when the theme does not work.
As we’ll see later, many traders only win on 40-60% of trades. So you have to accept losing trades will be common and ensure you size trades so they cannot ruin you.
Similarly, like poker players, we should risk more on trades we feel confident about and less on trades that seem less compelling. However, this should always be subject to overall position sizing constraints.
For example before you put on each trade you might rate the strength of your conviction in the trade and allocate a position size accordingly:

https://preview.redd.it/q2ea6rgae5h51.png?width=1200&format=png&auto=webp&s=4332cb8d0bbbc3d8db972c1f28e8189105393e5b
To keep yourself disciplined you should try to ensure that no more than one in twenty trades are graded exceptional and allocated 5% of account balance risk. It really should be a rare moment when all the stars align for you.
Notice that the nice thing about dealing in percentages is that it scales. Say you start out with $100,000 but end the year up 50% at $150,000. Now a 1% bet will risk $1,500 rather than $1,000. That makes sense as your capital has grown.
It is extremely common for retail accounts to blow-up by making only 4-5 losing trades because they are leveraged at 50:1 and have taken on far too large a position, relative to their account balance.
Consider that GBPUSD tends to move 1% each day. If you have an account balance of $10k then it would be crazy to take a position of $500k (50:1 leveraged). A 1% move on $500k is $5k.
Two perfectly regular down days in a row — or a single day’s move of 2% — and you will receive a margin call from the broker, have the account closed out, and have lost all your money.
Do not let this happen to you. Use position sizing discipline to protect yourself.

Kelly Criterion

If you’re wondering - why “about 2%” per trade? - that’s a fair question. Why not 0.5% or 10% or any other number?
The Kelly Criterion is a formula that was adapted for use in casinos. If you know the odds of winning and the expected pay-off, it tells you how much you should bet in each round.
This is harder than it sounds. Let’s say you could bet on a weighted coin flip, where it lands on heads 60% of the time and tails 40% of the time. The payout is $2 per $1 bet.
Well, absolutely you should bet. The odds are in your favour. But if you have, say, $100 it is less obvious how much you should bet to avoid ruin.
Say you bet $50, the odds that it could land on tails twice in a row are 16%. You could easily be out after the first two flips.
Equally, betting $1 is not going to maximise your advantage. The odds are 60/40 in your favour so only betting $1 is likely too conservative. The Kelly Criterion is a formula that produces the long-run optimal bet size, given the odds.
Applying the formula to forex trading looks like this:
Position size % = Winning trade % - ( (1- Winning trade %) / Risk-reward ratio
If you have recorded hundreds of trades in your journal - see next chapter - you can calculate what this outputs for you specifically.
If you don't have hundreds of trades then let’s assume some realistic defaults of Winning trade % being 30% and Risk-reward ratio being 3. The 3 implies your TP is 3x the distance of your stop from entry e.g. 300 pips take profit and 100 pips stop loss.
So that’s 0.3 - (1 - 0.3) / 3 = 6.6%.
Hold on a second. 6.6% of your account probably feels like a LOT to risk per trade.This is the main observation people have on Kelly: whilst it may optimise the long-run results it doesn’t take into account the pain of drawdowns. It is better thought of as the rational maximum limit. You needn’t go right up to the limit!
With a 30% winning trade ratio, the odds of you losing on four trades in a row is nearly one in four. That would result in a drawdown of nearly a quarter of your starting account balance. Could you really stomach that and put on the fifth trade, cool as ice? Most of us could not.
Accordingly people tend to reduce the bet size. For example, let’s say you know you would feel emotionally affected by losing 25% of your account.
Well, the simplest way is to divide the Kelly output by four. You have effectively hidden 75% of your account balance from Kelly and it is now optimised to avoid a total wipeout of just the 25% it can see.
This gives 6.6% / 4 = 1.65%. Of course different trading approaches and different risk appetites will provide different optimal bet sizes but as a rule of thumb something between 1-2% is appropriate for the style and risk appetite of most retail traders.
Incidentally be very wary of systems or traders who claim high winning trade % like 80%. Invariably these don’t pass a basic sense-check:
  • How many live trades have you done? Often they’ll have done only a handful of real trades and the rest are simulated backtests, which are overfitted. The model will soon die.
  • What is your risk-reward ratio on each trade? If you have a take profit $3 away and a stop loss $100 away, of course most trades will be winners. You will not be making money, however! In general most traders should trade smaller position sizes and less frequently than they do. If you are going to bias one way or the other, far better to start off too small.

How to use stop losses sensibly

Stop losses have a bad reputation amongst the retail community but are absolutely essential to risk management. No serious discretionary trader can operate without them.
A stop loss is a resting order, left with the broker, to automatically close your position if it reaches a certain price. For a recap on the various order types visit this chapter.
The valid concern with stop losses is that disreputable brokers look for a concentration of stops and then, when the market is close, whipsaw the price through the stop levels so that the clients ‘stop out’ and sell to the broker at a low rate before the market naturally comes back higher. This is referred to as ‘stop hunting’.
This would be extremely immoral behaviour and the way to guard against it is to use a highly reputable top-tier broker in a well regulated region such as the UK.
Why are stop losses so important? Well, there is no other way to manage risk with certainty.
You should always have a pre-determined stop loss before you put on a trade. Not having one is a recipe for disaster: you will find yourself emotionally attached to the trade as it goes against you and it will be extremely hard to cut the loss. This is a well known behavioural bias that we’ll explore in a later chapter.
Learning to take a loss and move on rationally is a key lesson for new traders.
A common mistake is to think of the market as a personal nemesis. The market, of course, is totally impersonal; it doesn’t care whether you make money or not.
Bruce Kovner, founder of the hedge fund Caxton Associates
There is an old saying amongst bank traders which is “losers average losers”.
It is tempting, having bought EURUSD and seeing it go lower, to buy more. Your average price will improve if you keep buying as it goes lower. If it was cheap before it must be a bargain now, right? Wrong.
Where does that end? Always have a pre-determined cut-off point which limits your risk. A level where you know the reason for the trade was proved ‘wrong’ ... and stick to it strictly. If you trade using discretion, use stops.

Picking a clear level

Where you leave your stop loss is key.
Typically traders will leave them at big technical levels such as recent highs or lows. For example if EURUSD is trading at 1.1250 and the recent month’s low is 1.1205 then leaving it just below at 1.1200 seems sensible.

If you were going long, just below the double bottom support zone seems like a sensible area to leave a stop
You want to give it a bit of breathing room as we know support zones often get challenged before the price rallies. This is because lots of traders identify the same zones. You won’t be the only one selling around 1.1200.
The “weak hands” who leave their sell stop order at exactly the level are likely to get taken out as the market tests the support. Those who leave it ten or fifteen pips below the level have more breathing room and will survive a quick test of the level before a resumed run-up.
Your timeframe and trading style clearly play a part. Here’s a candlestick chart (one candle is one day) for GBPUSD.

https://preview.redd.it/moyngdy4f5h51.png?width=1200&format=png&auto=webp&s=91af88da00dd3a09e202880d8029b0ddf04fb802
If you are putting on a trend-following trade you expect to hold for weeks then you need to have a stop loss that can withstand the daily noise. Look at the downtrend on the chart. There were plenty of days in which the price rallied 60 pips or more during the wider downtrend.
So having a really tight stop of, say, 25 pips that gets chopped up in noisy short-term moves is not going to work for this kind of trade. You need to use a wider stop and take a smaller position size, determined by the stop level.
There are several tools you can use to help you estimate what is a safe distance and we’ll look at those in the next section.
There are of course exceptions. For example, if you are doing range-break style trading you might have a really tight stop, set just below the previous range high.

https://preview.redd.it/ygy0tko7f5h51.png?width=1200&format=png&auto=webp&s=34af49da61c911befdc0db26af66f6c313556c81
Clearly then where you set stops will depend on your trading style as well as your holding horizons and the volatility of each instrument.
Here are some guidelines that can help:
  1. Use technical analysis to pick important levels (support, resistance, previous high/lows, moving averages etc.) as these provide clear exit and entry points on a trade.
  2. Ensure that the stop gives your trade enough room to breathe and reflects your timeframe and typical volatility of each pair. See next section.
  3. Always pick your stop level first. Then use a calculator to determine the appropriate lot size for the position, based on the % of your account balance you wish to risk on the trade.
So far we have talked about price-based stops. There is another sort which is more of a fundamental stop, used alongside - not instead of - price stops. If either breaks you’re out.
For example if you stop understanding why a product is going up or down and your fundamental thesis has been confirmed wrong, get out. For example, if you are long because you think the central bank is turning hawkish and AUDUSD is going to play catch up with rates … then you hear dovish noises from the central bank and the bond yields retrace lower and back in line with the currency - close your AUDUSD position. You already know your thesis was wrong. No need to give away more money to the market.

Coming up in part II

EDIT: part II here
Letting stops breathe
When to change a stop
Entering and exiting winning positions
Risk:reward ratios
Risk-adjusted returns

Coming up in part III

Squeezes and other risks
Market positioning
Bet correlation
Crap trades, timeouts and monthly limits

***
Disclaimer:This content is not investment advice and you should not place any reliance on it. The views expressed are the author's own and should not be attributed to any other person, including their employer.
submitted by getmrmarket to Forex [link] [comments]

I have created a monster.

I have been trading for 3 months (6 months demo before that). Up until 3 days ago I have always traded with discipline, set SL, understood risk management and make reports out of downloadable CSV data from the broker. I even journal each trade at the end of the day. Each trade I make risks from 0.5% - 2% depending on how confident I am on the particular trade. The first 2 months of grind made 5% and 7% respectively.
Several days ago, I lost 3 trades in a row and felt like George Costanza. It was especially demoralizing because I followed the technical, fundamental, trend, and confirmed with indicator, etc... yet, each went straight for my SL. I took the day off and reflected on what I did wrong. I lost 6% of my capital that day, a whole month's work.
The very next day, during the Fed chair Powell speech, I focused on EUUSD, and as the chart started to run higher and higher, I am not sure what came over me, I entered long at 1.18401 and risked 20% of my capital. I was going to enter my usual 2% risk, but the greed (subconsciously?) in me added an extra 0. The very second the trade was entered, I felt a hot flash and my heart started pumping, I entered into loss territory, my heart sunk as I watch it go down 10 pips, 15 pips, if only for 15 seconds. Then it started going up, and it was exhilarating watching the profits. I had the good sense to enter TP at 1.189, and it got there 15 minutes later. I had just made a little over 10% of my capital in 15 minutes. Recovered yesterday's 6% loss and then some.
I told my self that this was a one time thing, stupid and impulsive thing to do... until the next day...
I saw a good opportunity with USD/JPY. I didn't even bother to check anything, technical, fundamental, indicators, NOTHING! Just that vertical cliff short candle... , my god, that full short candle, and the speed! This time, very much a conscious decision, I entered short with 30% of my capital at 106.5. 4 hours later, I hit my TP at 105.5. I had made 30% of my capital in 4 hours.
In the last 2 trading days, up 40% of my capital, including my previous 2 months of measly 12% in comparison, I am roughly up 50% of my original capital in 3 months.
This has been a good week to say the least. But I am afraid I have created an insatiable monster. The greed has overtaken good sense, and this is quite possibly the origin story of a blown account.
submitted by DodoGizmo to Forex [link] [comments]

List of 110+ Free Udemy & Popular Discounted : ETL & Data Integration Masterclass, HTML, JavaScript, & Bootstrap, Marketing Analytics, Microsoft Excel, Machine Learning, Android App Developer, React JS - A Complete Guide for Frontend Web Development, Python, Tableau, Instructional Design & Many More

ETL & Data Integration Masterclass, HTML, JavaScript, & Bootstrap, Marketing Analytics, Microsoft Excel, Machine Learning, Android App Developer, React JS - A Complete Guide for Frontend Web Development, Python, Tableau, Instructional Design & Many More
Source: Freebies Global - https://freebiesglobal.com/
  1. [English] 6h 24m HTML, JavaScript, & Bootstrap - Certification Course https://www.udemy.com/course/html-javascript-bootstrap-certification-course/?couponCode=YOUACCELOCT26 2 Days left at this price!
  2. [English] 0h 37m Quick Guide: Setup a Local Testing Server using WAMP or MAMP https://www.udemy.com/course/quick-guide-setup-a-local-testing-server-using-wamp-or-mamp/?couponCode=YOUACCELOCT26 2 Days left at this price!
  3. [English] 1h 27m Learn MySQL - For Beginners https://www.udemy.com/course/learn-mysql-for-beginners/?couponCode=YOUACCELOCT26 2 Days left at this price!
  4. [English] 1h 28m Learn JavaScript - For Beginners https://www.udemy.com/course/learn-javascript-for-beginners-v/?couponCode=YOUACCELOCT26 2 Days left at this price!
  5. [English] 1h 47m Learn PHP - For Beginners https://www.udemy.com/course/learn-php-for-beginners-n/?couponCode=YOUACCELOCT26 2 Days left at this price!
  6. [English] 5h 57m JavaScript, Bootstrap, & PHP - Certification for Beginners https://www.udemy.com/course/javascript-bootstrap-php-certification-for-beginners/?couponCode=YOUACCELOCT26 2 Days left at this price!
  7. [English] 2h 23m Learn XML-AJAX - For Beginners https://www.udemy.com/course/learn-xml-ajax-for-beginners/?couponCode=YOUACCELOCT26 2 Days left at this price!
  8. [English] 2h 45m Learn Bootstrap - For Beginners https://www.udemy.com/course/learn-bootstrap-for-beginners/?couponCode=YOUACCELOCT26 2 Days left at this price!
  9. [English] 1h 15m Learn jQuery - For Beginners https://www.udemy.com/course/learn-jquery-for-beginners/?couponCode=YOUACCELOCT26 2 Days left at this price!
  10. [English] 3h 9m CSS & JavaScript - Certification Course for Beginners https://www.udemy.com/course/css-javascript-certification-course-for-beginners/?couponCode=YOUACCELOCT26 2 Days left at this price!
  11. [English] 6h 2m Ultimate AWS Certified Alexa Skill Builder Specialty 2020 https://www.udemy.com/course/ultimate-aws-certified-alexa-skill-builder-specialty/?couponCode=20F2F1085B9FE981B09C 2 Days left at this price!
  12. [English] 9h 13m Pentaho for ETL & Data Integration Masterclass 2020- PDI 9.0 https://www.udemy.com/course/pentaho-for-etl-data-integration-masterclass/?couponCode=OCTXXVI20 1 Day left at this price!
  13. [English] 34h 56m Machine Learning & Deep Learning in Python & R https://www.udemy.com/course/data_science_a_to_z/?couponCode=OCTXXVI20 1 Day left at this price!
  14. [English] 0h 52m Public Speaking: A tactical approach https://www.udemy.com/course/publicspeakingtactics/?couponCode=9546D2A90B72DB31BF85 2 Days left at this price!
  15. [Spanish] 8h 22m Introducción a Adobe Photoshop CC 2020 (Actualizado) https://www.udemy.com/course/introduccion-a-adobe-photoshop-cc-2020-actualizado/?couponCode=GRATIS-CAPDESIS 2 Days left at this price!
  16. [English] 3h 36m The Complete React JS Course - Basics to Advanced https://www.udemy.com/course/react-js-basics-to-advanced/?couponCode=FREEOCTOBER 2 Days left at this price!
  17. [English] 0h 48m Develop Your Listening Skills to Shine at Work and in Life https://www.udemy.com/course/develop-your-listening-skills-to-shine-at-work-and-in-life/?couponCode=86E39195E8A8084CE232 1 Day left at this price!
  18. [Spanish] 11h 40m Curso Excel y Power BI – Análisis y Visualización de Datos https://www.udemy.com/course/curso-tutorial-aprender-como-usar-power-bi-excel-ejercicios-practicos/?couponCode=OCT20-1 2 Days left at this price!
  19. [English] 1h 28m Learn! Modern JavaScript for React JS - ES6 https://www.udemy.com/course/modern-javascript-es6-for-react-js/?couponCode=FREEOCTOBER 2 Days left at this price!
  20. [English] 2h 5m The Obvious Secrets To Success No One Knows https://www.udemy.com/course/success-secrets-coach/?couponCode=TOSTSNEXPOCT292020 2 Days left at this price!
  21. [English] 2h 21m EQ-2 Resilience and Mental Strength - Emotional Intelligence https://www.udemy.com/course/resiliance-emotional-intelligence/?couponCode=EQRMSEXPOCT292020 2 Days left at this price!
  22. [English] 5h 37m Marketing Analytics: Pricing Strategies and Price Analytics https://www.udemy.com/course/marketing-analytics-pricing-strategies-and-price-analytics/?couponCode=OCTXXVI20 1 Day left at this price!
  23. [German ] 2h 52m Werde ein Menschen-Magnet - Die Charisma-Formel https://www.udemy.com/course/werde-ein-menschen-magnet-die-charisma-formel/?couponCode=CHARISTART 2 Days left at this price!
  24. [English] 12h 46m Complete Machine Learning with R Studio - ML for 2020 https://www.udemy.com/course/machine-learning-with-r-studio/?couponCode=OCTXXVI20 1 Day left at this price!
  25. [English] 7h 7m Marketing Analytics: Forecasting Models with Excel https://www.udemy.com/course/marketing-analytics-forecasting-models-with-excel/?couponCode=OCTXXVI20 1 Day left at this price!
  26. [English] 7h 57m Learn! Python from scratch - Basics to Advanced https://www.udemy.com/course/python-programming-beginner-to-advanced/?couponCode=FREEOCTOBER 2 Days left at this price!
  27. [English] 2h 30m Youtube & Instagram Video Production + Editing Bootcamp 2020 https://www.udemy.com/course/youtube-video-production-bootcamp-2018/?couponCode=PUMPKIN 2 Days left at this price!
  28. [English] 0h 32m GDPR and Data Protection Compliance for Beginners https://www.udemy.com/course/gdpr-and-data-protection-compliance-for-beginners/?couponCode=GDPRFREE 2 Days left at this price!
  29. [English] 1h 57m Machine learning & AI Hands on 3 Projects. https://www.udemy.com/course/machine-learning-and-ai-with-hands-on-projects/?couponCode=FREEOCTOBER 2 Days left at this price!
  30. [English] 6h 49m Machine Learning - Step by Step (2020) https://www.udemy.com/course/step-by-step-guide-to-machine-learning-course/?couponCode=FREEOCTOBER 2 Days left at this price!
  31. [English] 4h 7m Step by step guide to be an Android App Developer https://www.udemy.com/course/a-beginners-guide-to-android-app-development/?couponCode=FREEOCTOBER 2 Days left at this price!
  32. [English] 3h 32m HTML5 - Basics to Advanced with hands-on projects. https://www.udemy.com/course/html-basic-to-advanced/?couponCode=FREEOCTOBER 2 Days left at this price!
  33. [English] 9h 59m Step by Step Guide for Javascript - Basics to Advanced https://www.udemy.com/course/javascript-basics-to-advanced/?couponCode=FREEOCTOBER 2 Days left at this price!
  34. [English] 21h 57m React JS - A Complete Guide for Frontend Web Development https://www.udemy.com/course/react-js-a-complete-guide-for-frontend-web-development/?couponCode=FREEOCTOBER 2 Days left at this price!
  35. [English] 2h 36m EMDR Therapy For PTSD Post Traumatic Stress Disorder https://www.udemy.com/course/certificate-in-ptsd-symptom-relief-through-emdr-therapy/?couponCode=1CE6BA95EB2043A8612C 2 Days left at this price!
  36. [English] 2h 21m Unblock Chakras, Cleanse Aura, Chromotherapy Color Therapy https://www.udemy.com/course/color-therapy-certification-improve-your-life-through-colo?couponCode=81E73256860229CAAF0E 2 Days left at this price!
  37. [English] 2h 59m How To Declutter Your Home With Before After Video Included https://www.udemy.com/course/declutter-and-organize-for-better-home-and-less-stress/?couponCode=B73EF8EC273534ED7BC4 2 Days left at this price!
  38. [English] 1h 14m Nursing Professionals Get Motivated! Motivation For Nurses https://www.udemy.com/course/motivation-for-nurses-30-days-of-praise-for-nurses/?couponCode=334FEE6E04DCBEF2182D 2 Days left at this price!
  39. [English] 1h 12m Canva T-Shirt Design Course Create Stunning Graphics Today! https://www.udemy.com/course/canva-t-shirt-design-course-create-stunning-graphics-today/?couponCode=CHRISTMAS_CAME_EARLY 2 Days left at this price!
  40. [English] 0h 31m Fundamentals of Network Security https://www.udemy.com/course/fundamentals-of-network-security-b/?couponCode=HARISH_INDIA 2 Days left at this price!
  41. [English] 1h 14m Sell Photo Online: Beginners Guide Stock Photography https://www.udemy.com/course/mastering-stock-photography-step-by-step-guideline/?couponCode=STOCKOCT2020F3 2 Days left at this price!
  42. [English] 6h 5m Tableau 2020 Training for Data Science & Business Analytics https://www.udemy.com/course/tableau-for-data-science-and-business-analytics/?couponCode=FB27OCT2020 2 Days left at this price!
  43. [English] 11h 46m Futures Trading Ninja: DIY 12Hour TOP-NOTCH Trading Strategy https://www.udemy.com/course/futures-trading/?couponCode=1OCT20 2 Days left at this price!
  44. [Spanish] 5h 35m Google Adsense. 99 Secretos que Internet No te Enseña. 2020. https://www.udemy.com/course/google-adsense-gana-dinero-achirou-alvaro-chirou-pablo-munoz/?couponCode=TWITCH 2 Days left at this price!
  45. [English] 7h 0m CNN for Computer Vision with Keras and TensorFlow in Python https://www.udemy.com/course/cnn-for-computer-vision-with-keras-and-tensorflow-in-python/?couponCode=OCTXXVI20 1 Day left at this price!
  46. [English] 6h 29m HR Analytics Course with R https://www.udemy.com/course/hr-analytics-course-with-?couponCode=ANALYTICS27 2 Days left at this price!
  47. [English] 6h 59m Instructional Design Course: All Levels Beginner to Advanced https://www.udemy.com/course/instructional-design-course/?couponCode=DESIGN27 2 Days left at this price!
  48. [English] 0h 58m Motion Graphics: Make Liquid Motion Effects in After Effects https://www.udemy.com/course/motion-graphics-liquid-motion-effects-in-after-effects/?couponCode=UD1FREE201026 1 Day left at this price!
  49. [English] 4h 31m Learn Excel from beginner to advance with Example https://www.udemy.com/course/learn-excel-from-beginner-to-advance-with-example/?couponCode=FREE50 2 Days left at this price!
  50. [English] 1h 39m Mastering Deno.js: Beginner to Expert [2020] https://www.udemy.com/course/mastering-denojs-beginner-to-expert/?couponCode=OCTOBERSALE 1 Day left at this price!
  51. [English] 0h 41m Public Speaking for Beginners https://www.udemy.com/course/public-speaking-for-beginners-al/?couponCode=2979E8D97444605D7156 2 Days left at this price!
  52. [English] 0h 58m Presentation Skills: Give a Great New Business Pitch https://www.udemy.com/course/how-to-give-a-new-business-pitch-presentation/?couponCode=74EFB7D6C2FB1A0D9B1E 2 Days left at this price!
  53. [English] 0h 51m Journalism: Conduct Great Media Interviews https://www.udemy.com/course/how-to-conduct-interviews/?couponCode=C84C17A28AE58CBD454E 2 Days left at this price!
  54. [English] 1h 7m Sales Skills Training: Give a Winning Sales Presentation https://www.udemy.com/course/how-to-give-a-sales-presentation/?couponCode=60C26DD7117AF1729851 2 Days left at this price!
  55. [English] 1h 40m Public Speaking: You Can Give Great Financial Presentations https://www.udemy.com/course/how-to-give-financial-presentations/?couponCode=2CDEE253D2739633312E 2 Days left at this price!
  56. [English] 2h 59 The Complete Motivation Course: Motivation for Your Success https://www.udemy.com/course/the-complete-motivation-course-motivation-for-your-success/?couponCode=9960F956CB6AA19CF809 2 Days left at this price!
  57. [English] 1h 24m The Complete Google Forms Course - Sending & Analyzing Forms https://www.udemy.com/course/the-complete-google-forms-course-sending-analyzing-forms/?couponCode=2076C8A7ADCBD6DBDE99 2 Days left at this price!
  58. [English] 4h 54m Master Django by Building Complete RESTful API Project https://www.udemy.com/course/master-django-by-building-complete-restful-api-project/?couponCode=OCTOBERSALE 1 Day left at this price!
  59. [English] 9h 18m Complete Adobe Premiere Pro CC Course - Beginner to Advanced https://www.udemy.com/course/adobepremiereprocccourse/?couponCode=FREEADOBE 2 Days left at this price!
  60. [Spanish] 1h 18m Comienza con R ¡Añade valor a tu CV en 2 horas! https://www.udemy.com/course/el-arte-de-programar-en-r-anade-valor-a-tu-cv/?couponCode=B90E90DE425C8BAC6D10 2 Days left at this price!
  61. [Spanish] 1h 15m Aprende SQL desde cero: ¡Curso con mas de 50 ejercicios! 1 https://www.udemy.com/course/aprende-sql-desde-cero-curso-con-mas-de-50-ejercicios/?couponCode=9497A0979D086BC59ACA 2 Days left at this price!
  62. [Spanish] 1h 41m Tableau: Crea un impacto con la información https://www.udemy.com/course/tableau-10-desde-cero/?couponCode=0B9A15DAABECEF4283E3 2 Days left at this price!
  63. [Spanish] 1h 4m Microsoft Excel - Análisis de datos con tablas dinámicas https://www.udemy.com/course/microsoft-excel-analisis-de-datos-con-tablas-dinamicas/?couponCode=E132A1381313060EADBA 2 Days left at this price!
  64. [Spanish] 1h 47m SQL: Creación de Bases de Datos (De cero a profesional) https://www.udemy.com/course/sql-creacion-de-bd/?couponCode=4C2909E4D310F1B4FA41 2 Days left at this price!
  65. [Arabic] 0h 43m YouTube SEO mini course (Get more views) in Arabic https://www.udemy.com/course/youtube-seo-mini-course/?couponCode=B9CB7555A84C81E259A6 2 Days left at this price!
  66. [English] 4h 48m Microsoft Excel - Learn MS EXCEL For DATA Analysis https://www.udemy.com/course/microsoft-excel-learn-ms-excel-for-data-analysis/?couponCode=23966F2BE2A43C33E5ED 2 Days left at this price!
  67. [English] 0h 33m 30 Days Challenge for a Better Time Management https://www.udemy.com/course/30-days-challenge-for-a-better-time-management/?couponCode=TMFREE 2 Days left at this price!
  68. [English] 2h 15m Outsource Mastery: How To Earn More Money By Doing Less Work https://www.udemy.com/course/outsource-mastery/?couponCode=OCTFREEOUTSOURCE 2 Days left at this price!
  69. [English] 4h 44m Microsoft Excel: Beginner to Data Analysis and Dashboards https://www.udemy.com/course/getting-started-with-microsoft-excel/?couponCode=4471C851C1F635EA50B6 2 Days left at this price!
  70. [English] 1h 55m Machine Learning & Data Science Foundations Masterclass https://www.udemy.com/course/machine-learning-data-science-foundations-masterclass/?couponCode=CLUB11 2 Days left at this price!
  71. [English] 1h 26m Public Speaking: You Can Speak to Large Audiences https://www.udemy.com/course/how-to-speak-to-large-audiences/?couponCode=D862393E365C81A88F76 2 Days left at this price!
  72. [English] 1h 12m Online Course Creation: Complete Course of Blunders to Avoid https://www.udemy.com/course/online-course-creation-complete-course-of-blunders-to-avoid/?couponCode=795DDC3D62699701AA68 2 Days left at this price!
  73. [English] 1h 0m Basics Of Stop Motion Animation Using Canva And OpenShot https://www.udemy.com/course/basics-of-stop-motion-animation-using-canva-and-openshot/?couponCode=87D29D78BE69CC4A77E6 2 Days left at this price!
  74. [English] 1h 23m Basics Of Flat Design Illustrations In Canva https://www.udemy.com/course/how-to-do-flat-design-for-social-media-marketing-in-canva/?couponCode=7C34A04E50CDC001F0FB 2 Days left at this price!
  75. [English] 1h 6m TEDx for NGOs, NonProfits & Volunteers https://www.udemy.com/course/tedx-nonprofit-org/?couponCode=TNNPVEXPOCT292020 2 Days left at this price!
  76. [English] 0h 49m Color Theory Basics: Learning Color Theory With Adobe Color https://www.udemy.com/course/color-theory-basics-learning-color-theory-with-adobe-colo?couponCode=6950A9D3ED98C8948A02 2 Days left at this price!
  77. [English] 3h 37m Intro To Basic Video Creation https://www.udemy.com/course/intro-to-basic-video-creation/?couponCode=2A0546CA0E43EEF9DFEC 2 Days left at this price!
  78. [English] 3h 19m Photo Editing With Free Software https://www.udemy.com/course/photo-editing-with-free-software/?couponCode=6A1829B7BD9A5CD55E4F 2 Days left at this price!
  79. [English] 2h 19m Introduction To The Basics Of Melt & Pour Soap https://www.udemy.com/course/introduction-to-the-basics-of-melt-pour-soap/?couponCode=1A40DBD5832B6B268670 2 Days left at this price!
  80. [English] 0h 57m Analyzing Self Storage Businesses for Maximum Profit https://www.udemy.com/course/self-storage-business/?couponCode=ASBMPEXPOCT292020 2 Days left at this price!
  81. [English] 1h 35m Affiliate Marketing Mastery (2021) - Beginner To Advanced https://www.udemy.com/course/affiliate-marketing-mastery-2021-beginner-to-advanced/?couponCode=MANISHMEHTA 2 Days left at this price!
  82. [English] 2h 59m Complete SQL Bootcamp with MySQL, PHP & Python https://www.udemy.com/course/complete-sql-bootcamp-with-mysql-php-python/?couponCode=SQLBOOTOCT2020F3 1 Day left at this price!
  83. [English] 0h 52m Data Analytics with Excel PivotTables https://www.udemy.com/course/data-analytics-with-excel-pivottables-2016/?couponCode=45D4278FB61058D3D9E4 1 Day left at this price!
  84. [English] 0h 52m Understanding HIPAA Compliance https://www.udemy.com/course/understanding-hipaa-compliance/?couponCode=B3F4C350DD6FB06C1225 1 Day left at this price!
  85. [English] 0h 34m Time Management for Professionals https://www.udemy.com/course/time-management-for-professionals/?couponCode=7E69781A8998EA9C8309 1 Day left at this price!
  86. [English] 9h 39m How to Write and Publish a Research Paper: Complete Guide https://www.udemy.com/course/how-to-write-and-publish-a-research-paper-complete-guide/?couponCode=PAPER26 1 Day left at this price!
  87. [English] 4h 45m Grant Writing Full Course: Nonprofits, Artists & Freelancers https://www.udemy.com/course/grant-writing-course/?couponCode=GRANT26 1 Day left at this price!
  88. [English] 7h 8m Big Data on Amazon web services (AWS) https://www.udemy.com/course/big-data-on-amazon-web-services-aws-cloud-2018/?couponCode=BE8474FF563682A467C7 1 Day left at this price!
  89. [English] 2h 36m C Programming For Beginners -Build Bank ATM Machine Software https://www.udemy.com/course/c-programming-for-beginners-with-real-world-examples/?couponCode=19D2D84BB2687DF326BB 21 hrs left at this price!
  90. [English] 2h 42m SQL Injections Unlocked - SQLi Web Attacks https://www.udemy.com/course/sql-injections-unlocked-sqli-web-attacks/?couponCode=FOR-MY-HACKMATES 18 hrs left at this price!
  91. [English] 7h 4m Build 9 PIC Microcontroller Engineering projects today! https://www.udemy.com/course/pic-microcontroller-build-engineering-projects-today/?couponCode=STAYHOME1022020 21 hrs left at this price!
  92. [English] 1h 2m Arduino: Everything you need to Know https://www.udemy.com/course/arduino-for-newbies-crash-course/?couponCode=STAYHOME1022020 21 hrs left at this price!
  93. [English] 4h 24m The Complete Raspberry Pi Bootcamp https://www.udemy.com/course/raspberry-pi-complete-raspberrypi-bootcamp-python-raspberry-pi/?couponCode=STAYHOME1022020 21 hrs left at this price!
  94. [English] 0h 44m Arduino meets Python: Step by Step https://www.udemy.com/course/arduino-python-control-py-code-arduino-using-python-pip/?couponCode=STAYHOME1022020 21 hrs left at this price!
  95. [English] 1h 37m Sensors: Everything You Need To Know https://www.udemy.com/course/sensors-interfacing-sensor-wiring-sensor-temperature-humidity-sensors/?couponCode=STAYHOME1022020 21 hrs left at this price!
  96. [English] 1h 22m Arduino SMS Sending Motion Detector using Python https://www.udemy.com/course/arduino-sms-sending-motion-detector-using-python/?couponCode=STAYHOME1022020 21 hrs left at this price!
  97. [English] 2h 15m PIC Microcontrollers Timer and Watchdog Timer https://www.udemy.com/course/pic-microcontrollers-timer0-watchdog-timer-advance-picmicrocontrolle?couponCode=STAYHOME1022020 21 hrs left at this price!
  98. [English] 3h 47m Adobe Photoshop CC- Basic Photoshop training https://www.udemy.com/course/adobe-photoshop-cc-basic-photoshop-training/?couponCode=0210CF7D2FCCC0923A73 1 Day left at this price!
  99. [English] 0h 59m How to Make Passive Income With Bitcoin Lending https://www.udemy.com/course/how-to-make-passive-income-with-bitcoin-lending/?couponCode=OCTTHW2020 1 Day left at this price!
  100. [English] 6h 35m YouTube 2020 Million+ Views: Increase Profits, Subs & Rank https://www.udemy.com/course/youtubehacks/?couponCode=FREEPASS0000 1 Day left at this price!
  101. [English] 1h 19m Gain Love Relationship Skills Life Coaching Course https://www.udemy.com/course/get-a-relationship-life-coaching-love-relationship-building/?couponCode=8488CEF063E042E4BD80 1 Day left at this price!
  102. [English] 4h 11m NodeJS for Absolute Beginners https://www.udemy.com/course/nodejs-for-absolute-beginners/?couponCode=E6BFBDF8BB87E36F792E 1 Day left at this price!
  103. [English] 2h 1m Educación Emocional para niños de 3 a 5 años https://www.udemy.com/course/educacion-emocional-para-ninos-de-3-a-5-anos/?couponCode=142522ECD9028DE90A66 1 Day left at this price!
  104. [Spanish] 0h 35m Sistema para Hotel con php y Mysql (2020) https://www.udemy.com/course/sistema-para-hotel-con-php-y-mysql-2020-a/?couponCode=ECFE213D6989C53B2971 1 Day left at this price!
  105. [English] 2h 10m Master the Art of CV Building, Cover Letter & Job Interview https://www.udemy.com/course/master-job-landing/?couponCode=I-TRULY-CARE 1 Day left at this price!
  106. [English] 7h 38m Accounting, Bookkeeping & Financial Statements: Zero to Pro https://www.udemy.com/course/accounting-for-entrepreneurs/?couponCode=3B3CFB3F58EF8A38BF7D 1 Day left at this price!
  107. [English] 4h 40m Facebook Ads - from Beginner to Pro https://www.udemy.com/course/facebook-advertisement-from-beginners-to-pro/?couponCode=FACEBOOK-ADS-FREE 19 hrs left at this price!
  108. [English] 9h 27m Python 3: From ZERO to GUI programming https://freebiesglobal.com/python-3-from-zero-to-gui-programming 18 hrs left at this price!
  109. [English] 4h 27m Vedic Math & Mental Math - MULTIPLICATION : Full Course https://www.udemy.com/course/vedic-math-mental-math-multiplication-full-course/?couponCode=F9BAC66EEF2DD829D3B5 1 Day left at this price!
  110. [English] 1h 18m Learn 23 Ways to Make Money Online with Your Smartphone! https://www.udemy.com/course/make-money-with-your-smartphone/?couponCode=9D54EE1B421C3B3AB3FB 1 Day left at this price!
  111. [English] 1h 0m The Smartphone Product Photography Course https://www.udemy.com/course/the-smartphone-product-photography-course/?couponCode=CA54DC4D6967F6BC73F9 1 Day left at this price!
  112. [English] 2h 47m The complete forex course from scratch to professional https://www.udemy.com/course/the-complete-forex-course-from-scratch-to-professional/?couponCode=78C5F0F6865B3E555A0C 1 Day left at this price!
  113. [English] 4h 42m Watercolor Painting Next Level Techniques and Effects https://www.udemy.com/course/watercolor-painting-next-level-techniques-effects/?couponCode=FREEWATERCOLORCOURSE 1 Day left at this price!
  114. [English] 4h 19m Python Learn by Python Projects & Python Quizzes in 2020 https://www.udemy.com/course/the-complete-python-for-beginner-master-python-from-scratch/?couponCode=00F0142C2B69AE9804EA 1 Day left at this price!
  115. [English] 5h 35m Excel Basics [2020] + Advanced in Ms Excel 2019 & Office 365 https://freebiesglobal.com/excel-basics-2020-advanced-in-ms-excel-2019-office-365 1 Day left at this price!
  116. [English] 10h 39m Lead Generation MASTERY with Facebook Lead & Messenger Ads https://www.udemy.com/course/facebook-lead-ads-course/?couponCode=LEADADS111 1 Day left at this price!
Popular & Best Udemy Courses from $9.99
  1. [English] 32h 33m Master JavaScript – The Most Compete JavaScript Course 2020 $11.99 https://www.udemy.com/course/master-javascript-the-most-compete-javascript-course-2020/?couponCode=LEARNOCT 3 Days left at this price!
  2. [English] 7h 53m Introduction to Cloud Computing on Amazon AWS for Beginners $9.99 https://www.udemy.com/course/introduction-to-cloud-computing-on-amazon-aws-for-beginners/?couponCode=AWSOCT 4 Days left at this price!
  3. [English] AWS Certified Cloud Practitioner 500 Practice Exam Questions $9.99 https://www.udemy.com/course/aws-certified-cloud-practitioner-practice-exams-c/?couponCode=AWSOCT 4 Days left at this price!
  4. [English] 34h 0m The Complete Train the Trainer Bootcamp - Beginners-Advanced $12.99 https://www.udemy.com/course/the-complete-train-the-trainer-bootcamp-beginners-advanced/?couponCode=THANKS1 3 Days left at this price!
  5. [English] 26h 49m Leading Effective Meetings - You Can Lead Effective Meetings $12.99 https://www.udemy.com/course/leading-effective-meetings-you-can-lead-effective-meetings/?couponCode=THANKS2 3 Days left at this price!
  6. [English] 44h 40m SEO TRAINING 2021: Complete SEO Course + WordPress SEO Yoast $10.99 https://www.udemy.com/course/online-seo-training/?couponCode=2OCT999 4 Days left at this price!
  7. [English] 8h 9m Facebook Dynamic Ads (Facebook Dynamic Retargeting) MASTERY $9.99 https://www.udemy.com/course/facebook-dynamic-ads/?couponCode=OCT999 4 Days left at this price!
  8. [English] 56h 8m The Complete Digital Marketing Course for Local Businesses $9.99 https://www.udemy.com/course/local-digital-marketing/?couponCode=2OCT999 4 Days left at this price!
  9. [English] 29h 1m BEST of Facebook Ads: Facebook Ads 2021 ULTIMATE PRO Edition $13.99 https://www.udemy.com/course/facebook-ads-2021/?couponCode=OCT999 4 Days left at this price!
  10. [English] 39h 52m BEST of SEO: #1 SEO Training & Content Marketing Course 2021 $9.99 https://www.udemy.com/course/seo-training-2021/?couponCode=2OCT999 4 Days left at this price!
  11. [English] AWS Certified Developer Associate Practice Exam Questions $9.99 https://www.udemy.com/course/aws-developer-associate-practice-exams/?couponCode=AWSOCT 2 Days left at this price!
  12. [English] 29h 21m AWS Certified Developer Associate Exam Training 2020 [NEW] $9.99 https://www.udemy.com/course/aws-certified-developer-associate-exam-training/?couponCode=AWSOCT 2 Days left at this price!
  13. [English] 31h 16m The Agile Methodology for Project Risk Managers $12.99 https://www.udemy.com/course/the-agile-methodology-for-project-risk-managers/?couponCode=LEARN2020OCT 3 Days left at this price!
  14. [English] 37h 7m Risk Management for Business Analysts (PMI-RMP/IIBA-ECBA) $12.99 https://www.udemy.com/course/risk-management-for-business-analysts-pmi-rmpiiba-ecba/?couponCode=LEARN2020OCT 3 Days left at this price!
  15. [English] 42h 20m Project Management Professional Certification Program (PMP) $12.99 https://www.udemy.com/course/project-management-professional-certification-program-pmp/?couponCode=LEARN2020OCT 4 Days left at this price!
submitted by ViralMedia007 to FREECoursesEveryday [link] [comments]

Forex Trading For Beginners - Cadchf Forecast for Nov 16 - 20

Forex Trading For Beginners - Cadchf Forecast for Nov 16 - 20 Forex Trade - Technical Analysis Cadchf Analysis Number 1 15 November 2020
https://forextradingforbeginners101.blogspot.com/2020/11/forex-trading-for-beginners-cadchf_14.html
.......................................................................................................
#Here_is_our_forex_analysis_on_this_pair,
Currently Cadchf is on a bullish structure. We will monitor price action at the marked zone for any confirmations according to our rules to go long. #Note_:_Read_Disclaimer_Below ........................................................................................................................ Don't Forget to #Like_and_Subscribe to our YouTube Channel so you wont miss any analysis. $30 NO DEPOSIT BONUS available ONLY to New Clients and Claim Yours Before the Promotion is Over. https://clicks.pipaffiliates.com/c?c=... ...................................................................................................... Forex trade entry will only be taken if all rules of our forex trading strategy will be met. At the moment we will monitor price action at the marked zone, Then we will look for an entry according to our forex trading analysis with proper Risk management, and with a good risk to reward ratio. You can keep this pair's forex trading analysis on your watchlist and monitor it. If your forex trading rules and your strategy align with the analysis made, only then you can decide to take your trades or not. Have a good forex trading day everyone. New to forex trading ?? If you don't have a forex trading account and would like to try forex trading, then follow the link below to open your forex trade account with a trusted broker. Recommended Broker https://www.xm.com/referral?token=Luz... You don't have to use this broker, you can choose other brokers also if you find them. ............................................................................................... Note : USE PROPER RISK MANAGEMENT. : Use your own strategy and to reconfirm setups before taking any trades. ................................................................................................ Blog Site - https://forextradingforbeginners101.b... Telegram - https://t.me/fxlifestyletelegram Tradingview - https://www.tradingview.comlovelove Twitter - https://twitter.com/FxLifes30183986 Pinterest - https://www.pinterest.com/forexlifestyle Facebook Page - https://www.facebook.com/Fx-Lifestyle... Facebook Group - https://www.facebook.com/groups/64826... YouTube - https://youtube.com/channel/UC23pgPGP... ............................................................................. Recommended Broker https://www.xm.com/referral?token=Luz... ......................................................... @@ Next big crypto... mine before launch.. @@ The Story Of Pi - The First Digital Currency You Can Mine On Your Phone. Invitation Link Below https://minepi.com/Hunter30 Use the code "Hunter30" People can join through personal invitations only. ..................................................................................................................... #forex,#forex_trading,#beginner_trader,#beginners_guide_trading,#beginners_forex_guide,#forex_trading_for_beginners_course,#trading_for_beginners,#forex_trading_for_beginners_mt4,#forex_trading_strategies_for_beginners,#forex_trading,#daily_forex_forecast_for_beginners,#daily_forecast_for_beginners,#forex_trading_strategies,#forex_daily,#daily_forex_analysis,#Forex_strategies,#Analysis_today,#forex_trading_strategy,#trading_strategy_for_beginners,#forex_trading_metatrader_4#forex_trading_live,# #Forex_trading_for_beginners, #forex_trading_platforms, #forex_trading_strategies,#learn_forex_trading,#forex_for_beginners,#forex_trading_for_dummies,#forex_trading_training,#best_forex_brokers_for_beginners,#price_action,#forex_strategies,#scalping_strategy,#forex_indicators,#scalping_forex,#50_pips_a_day_forex_strategy,#price_action_strategy,#day_trading_and_swing_trading_the_currency_market,#price_action_forex,#forex_scalping_strategy,, #how_to_trade_forex, #how_to_trade_bitcoin, #how_to_trade_online, #how_to_trade_option, #how_to_trade_stocks, #how_to_trade_with_$100,#how_to_trade_forex_successfully. ....................................................................................................................... Disclaimer - Any information shared is intended for educational purposes only and does not give financial advice. Forex trading involves great risk of financial loss. Only trade with money that you are prepared to lose. Forex Trading For Beginners, we take no responsibility for money made or lost by you. You must make your own financial decisions yourself.
submitted by technicalanalysis101 to u/technicalanalysis101 [link] [comments]

Hands on or hands off

Hi all. I am in a very difficult psychologically situation. I have studied for 7 years to be a day trader. Stare at the charts all day, actively manage, bla bla bla. So here is my struggle.
Off the bat, my goal is to one day be a full time forex trader with no other source of income
Recently I started reading off levels. I go in for 10m per day (while on the crapper in the morning) set up 20-30 alerts on my phone, and then just enter blindly for 1.5 rr during the day. I get about 60% strike rate, more than enough to be popping champagne and living the life. I get about 3-4 setups per day. That is option 1.
Option 1 downside is eventually I get a short like gbpusd this Monday, where I got in for 4 pip stop and could have trailed it for 15RR!
Option 2 is active trading. Sitting at the desk, charting out, following news events, the works. Taking positions, trailing stops to lock profits, the stress that goes with it.
I should be happy with option 1 but it keeps feeling wrong. As if I am cheating. It cannot be this easy, can it? Furthermore, if I go full time to only trade 10 mins per say and make 2-3 R almost every day, what will I do the rest of the time? I am one of those guys raised with the "you have to work hard around the clock" mentality, and I know that does not apply to Forex and trading at all. Nevertheless, 10m per day just feels and sounds weird, and I can't shake the feeling I will get a slap in the face for it. But I backtested. I forward tested. I have been trading it in a micro account for 2 months and it checks out.
Reddit, what is your opinion. Option 1 laid back, or go back to the grinder and do option 2
Edit : correcting typo
View Poll
submitted by crypthon to Forex [link] [comments]

H1 Backtest of ParallaxFX's BBStoch system

Disclaimer: None of this is financial advice. I have no idea what I'm doing. Please do your own research or you will certainly lose money. I'm not a statistician, data scientist, well-seasoned trader, or anything else that would qualify me to make statements such as the below with any weight behind them. Take them for the incoherent ramblings that they are.
TL;DR at the bottom for those not interested in the details.
This is a bit of a novel, sorry about that. It was mostly for getting my own thoughts organized, but if even one person reads the whole thing I will feel incredibly accomplished.

Background

For those of you not familiar, please see the various threads on this trading system here. I can't take credit for this system, all glory goes to ParallaxFX!
I wanted to see how effective this system was at H1 for a couple of reasons: 1) My current broker is TD Ameritrade - their Forex minimum is a mini lot, and I don't feel comfortable enough yet with the risk to trade mini lots on the higher timeframes(i.e. wider pip swings) that ParallaxFX's system uses, so I wanted to see if I could scale it down. 2) I'm fairly impatient, so I don't like to wait days and days with my capital tied up just to see if a trade is going to win or lose.
This does mean it requires more active attention since you are checking for setups once an hour instead of once a day or every 4-6 hours, but the upside is that you trade more often this way so you end up winning or losing faster and moving onto the next trade. Spread does eat more of the trade this way, but I'll cover this in my data below - it ends up not being a problem.
I looked at data from 6/11 to 7/3 on all pairs with a reasonable spread(pairs listed at bottom above the TL;DR). So this represents about 3-4 weeks' worth of trading. I used mark(mid) price charts. Spreadsheet link is below for anyone that's interested.

System Details

I'm pretty much using ParallaxFX's system textbook, but since there are a few options in his writeups, I'll include all the discretionary points here:

And now for the fun. Results!

As you can see, a higher target ended up with higher profit despite a much lower winrate. This is partially just how things work out with profit targets in general, but there's an additional point to consider in our case: the spread. Since we are trading on a lower timeframe, there is less overall price movement and thus the spread takes up a much larger percentage of the trade than it would if you were trading H4, Daily or Weekly charts. You can see exactly how much it accounts for each trade in my spreadsheet if you're interested. TDA does not have the best spreads, so you could probably improve these results with another broker.
EDIT: I grabbed typical spreads from other brokers, and turns out while TDA is pretty competitive on majors, their minors/crosses are awful! IG beats them by 20-40% and Oanda beats them 30-60%! Using IG spreads for calculations increased profits considerably (another 5% on top) and Oanda spreads increased profits massively (another 15%!). Definitely going to be considering another broker than TDA for this strategy. Plus that'll allow me to trade micro-lots, so I can be more granular(and thus accurate) with my position sizing and compounding.

A Note on Spread

As you can see in the data, there were scenarios where the spread was 80% of the overall size of the trade(the size of the confirmation candle that you draw your fibonacci retracements over), which would obviously cut heavily into your profits.
Removing any trades where the spread is more than 50% of the trade width improved profits slightly without removing many trades, but this is almost certainly just coincidence on a small sample size. Going below 40% and even down to 30% starts to cut out a lot of trades for the less-common pairs, but doesn't actually change overall profits at all(~1% either way).
However, digging all the way down to 25% starts to really make some movement. Profit at the -161.8% TP level jumps up to 37.94% if you filter out anything with a spread that is more than 25% of the trade width! And this even keeps the sample size fairly large at 187 total trades.
You can get your profits all the way up to 48.43% at the -161.8% TP level if you filter all the way down to only trades where spread is less than 15% of the trade width, however your sample size gets much smaller at that point(108 trades) so I'm not sure I would trust that as being accurate in the long term.
Overall based on this data, I'm going to only take trades where the spread is less than 25% of the trade width. This may bias my trades more towards the majors, which would mean a lot more correlated trades as well(more on correlation below), but I think it is a reasonable precaution regardless.

Time of Day

Time of day had an interesting effect on trades. In a totally predictable fashion, a vast majority of setups occurred during the London and New York sessions: 5am-12pm Eastern. However, there was one outlier where there were many setups on the 11PM bar - and the winrate was about the same as the big hours in the London session. No idea why this hour in particular - anyone have any insight? That's smack in the middle of the Tokyo/Sydney overlap, not at the open or close of either.
On many of the hour slices I have a feeling I'm just dealing with small number statistics here since I didn't have a lot of data when breaking it down by individual hours. But here it is anyway - for all TP levels, these three things showed up(all in Eastern time):
I don't have any reason to think these timeframes would maintain this behavior over the long term. They're almost certainly meaningless. EDIT: When you de-dup highly correlated trades, the number of trades in these timeframes really drops, so from this data there is no reason to think these timeframes would be any different than any others in terms of winrate.
That being said, these time frames work out for me pretty well because I typically sleep 12am-7am Eastern time. So I automatically avoid the 5am-6am timeframe, and I'm awake for the majority of this system's setups.

Moving stops up to breakeven

This section goes against everything I know and have ever heard about trade management. Please someone find something wrong with my data. I'd love for someone to check my formulas, but I realize that's a pretty insane time commitment to ask of a bunch of strangers.
Anyways. What I found was that for these trades moving stops up...basically at all...actually reduced the overall profitability.
One of the data points I collected while charting was where the price retraced back to after hitting a certain milestone. i.e. once the price hit the -61.8% profit level, how far back did it retrace before hitting the -100% profit level(if at all)? And same goes for the -100% profit level - how far back did it retrace before hitting the -161.8% profit level(if at all)?
Well, some complex excel formulas later and here's what the results appear to be. Emphasis on appears because I honestly don't believe it. I must have done something wrong here, but I've gone over it a hundred times and I can't find anything out of place.
Now, you might think exactly what I did when looking at these numbers: oof, the spread killed us there right? Because even when you move your SL to 0%, you still end up paying the spread, so it's not truly "breakeven". And because we are trading on a lower timeframe, the spread can be pretty hefty right?
Well even when I manually modified the data so that the spread wasn't subtracted(i.e. "Breakeven" was truly +/- 0), things don't look a whole lot better, and still way worse than the passive trade management method of leaving your stops in place and letting it run. And that isn't even a realistic scenario because to adjust out the spread you'd have to move your stoploss inside the candle edge by at least the spread amount, meaning it would almost certainly be triggered more often than in the data I collected(which was purely based on the fib levels and mark price). Regardless, here are the numbers for that scenario:
From a literal standpoint, what I see behind this behavior is that 44 of the 69 breakeven trades(65%!) ended up being profitable to -100% after retracing deeply(but not to the original SL level), which greatly helped offset the purely losing trades better than the partial profit taken at -61.8%. And 36 went all the way back to -161.8% after a deep retracement without hitting the original SL. Anyone have any insight into this? Is this a problem with just not enough data? It seems like enough trades that a pattern should emerge, but again I'm no expert.
I also briefly looked at moving stops to other lower levels (78.6%, 61.8%, 50%, 38.2%, 23.6%), but that didn't improve things any. No hard data to share as I only took a quick look - and I still might have done something wrong overall.
The data is there to infer other strategies if anyone would like to dig in deep(more explanation on the spreadsheet below). I didn't do other combinations because the formulas got pretty complicated and I had already answered all the questions I was looking to answer.

2-Candle vs Confirmation Candle Stops

Another interesting point is that the original system has the SL level(for stop entries) just at the outer edge of the 2-candle pattern that makes up the system. Out of pure laziness, I set up my stops just based on the confirmation candle. And as it turns out, that is much a much better way to go about it.
Of the 60 purely losing trades, only 9 of them(15%) would go on to be winners with stops on the 2-candle formation. Certainly not enough to justify the extra loss and/or reduced profits you are exposing yourself to in every single other trade by setting a wider SL.
Oddly, in every single scenario where the wider stop did save the trade, it ended up going all the way to the -161.8% profit level. Still, not nearly worth it.

Correlated Trades

As I've said many times now, I'm really not qualified to be doing an analysis like this. This section in particular.
Looking at shared currency among the pairs traded, 74 of the trades are correlated. Quite a large group, but it makes sense considering the sort of moves we're looking for with this system.
This means you are opening yourself up to more risk if you were to trade on every signal since you are technically trading with the same underlying sentiment on each different pair. For example, GBP/USD and AUD/USD moving together almost certainly means it's due to USD moving both pairs, rather than GBP and AUD both moving the same size and direction coincidentally at the same time. So if you were to trade both signals, you would very likely win or lose both trades - meaning you are actually risking double what you'd normally risk(unless you halve both positions which can be a good option, and is discussed in ParallaxFX's posts and in various other places that go over pair correlation. I won't go into detail about those strategies here).
Interestingly though, 17 of those apparently correlated trades ended up with different wins/losses.
Also, looking only at trades that were correlated, winrate is 83%/70%/55% (for the three TP levels).
Does this give some indication that the same signal on multiple pairs means the signal is stronger? That there's some strong underlying sentiment driving it? Or is it just a matter of too small a sample size? The winrate isn't really much higher than the overall winrates, so that makes me doubt it is statistically significant.
One more funny tidbit: EUCAD netted the lowest overall winrate: 30% to even the -61.8% TP level on 10 trades. Seems like that is just a coincidence and not enough data, but dang that's a sucky losing streak.
EDIT: WOW I spent some time removing correlated trades manually and it changed the results quite a bit. Some thoughts on this below the results. These numbers also include the other "What I will trade" filters. I added a new worksheet to my data to show what I ended up picking.
To do this, I removed correlated trades - typically by choosing those whose spread had a lower % of the trade width since that's objective and something I can see ahead of time. Obviously I'd like to only keep the winning trades, but I won't know that during the trade. This did reduce the overall sample size down to a level that I wouldn't otherwise consider to be big enough, but since the results are generally consistent with the overall dataset, I'm not going to worry about it too much.
I may also use more discretionary methods(support/resistance, quality of indecision/confirmation candles, news/sentiment for the pairs involved, etc) to filter out correlated trades in the future. But as I've said before I'm going for a pretty mechanical system.
This brought the 3 TP levels and even the breakeven strategies much closer together in overall profit. It muted the profit from the high R:R strategies and boosted the profit from the low R:R strategies. This tells me pair correlation was skewing my data quite a bit, so I'm glad I dug in a little deeper. Fortunately my original conclusion to use the -161.8 TP level with static stops is still the winner by a good bit, so it doesn't end up changing my actions.
There were a few times where MANY (6-8) correlated pairs all came up at the same time, so it'd be a crapshoot to an extent. And the data showed this - often then won/lost together, but sometimes they did not. As an arbitrary rule, the more correlations, the more trades I did end up taking(and thus risking). For example if there were 3-5 correlations, I might take the 2 "best" trades given my criteria above. 5+ setups and I might take the best 3 trades, even if the pairs are somewhat correlated.
I have no true data to back this up, but to illustrate using one example: if AUD/JPY, AUD/USD, CAD/JPY, USD/CAD all set up at the same time (as they did, along with a few other pairs on 6/19/20 9:00 AM), can you really say that those are all the same underlying movement? There are correlations between the different correlations, and trying to filter for that seems rough. Although maybe this is a known thing, I'm still pretty green to Forex - someone please enlighten me if so! I might have to look into this more statistically, but it would be pretty complex to analyze quantitatively, so for now I'm going with my gut and just taking a few of the "best" trades out of the handful.
Overall, I'm really glad I went further on this. The boosting of the B/E strategies makes me trust my calculations on those more since they aren't so far from the passive management like they were with the raw data, and that really had me wondering what I did wrong.

What I will trade

Putting all this together, I am going to attempt to trade the following(demo for a bit to make sure I have the hang of it, then for keeps):
Looking at the data for these rules, test results are:
I'll be sure to let everyone know how it goes!

Other Technical Details

Raw Data

Here's the spreadsheet for anyone that'd like it. (EDIT: Updated some of the setups from the last few days that have fully played out now. I also noticed a few typos, but nothing major that would change the overall outcomes. Regardless, I am currently reviewing every trade to ensure they are accurate.UPDATE: Finally all done. Very few corrections, no change to results.)
I have some explanatory notes below to help everyone else understand the spiraled labyrinth of a mind that put the spreadsheet together.

Insanely detailed spreadsheet notes

For you real nerds out there. Here's an explanation of what each column means:

Pairs

  1. AUD/CAD
  2. AUD/CHF
  3. AUD/JPY
  4. AUD/NZD
  5. AUD/USD
  6. CAD/CHF
  7. CAD/JPY
  8. CHF/JPY
  9. EUAUD
  10. EUCAD
  11. EUCHF
  12. EUGBP
  13. EUJPY
  14. EUNZD
  15. EUUSD
  16. GBP/AUD
  17. GBP/CAD
  18. GBP/CHF
  19. GBP/JPY
  20. GBP/NZD
  21. GBP/USD
  22. NZD/CAD
  23. NZD/CHF
  24. NZD/JPY
  25. NZD/USD
  26. USD/CAD
  27. USD/CHF
  28. USD/JPY

TL;DR

Based on the reasonable rules I discovered in this backtest:

Demo Trading Results

Since this post, I started demo trading this system assuming a 5k capital base and risking ~1% per trade. I've added the details to my spreadsheet for anyone interested. The results are pretty similar to the backtest when you consider real-life conditions/timing are a bit different. I missed some trades due to life(work, out of the house, etc), so that brought my total # of trades and thus overall profit down, but the winrate is nearly identical. I also closed a few trades early due to various reasons(not liking the price action, seeing support/resistance emerge, etc).
A quick note is that TD's paper trade system fills at the mid price for both stop and limit orders, so I had to subtract the spread from the raw trade values to get the true profit/loss amount for each trade.
I'm heading out of town next week, then after that it'll be time to take this sucker live!

Live Trading Results

I started live-trading this system on 8/10, and almost immediately had a string of losses much longer than either my backtest or demo period. Murphy's law huh? Anyways, that has me spooked so I'm doing a longer backtest before I start risking more real money. It's going to take me a little while due to the volume of trades, but I'll likely make a new post once I feel comfortable with that and start live trading again.
submitted by ForexBorex to Forex [link] [comments]

5%ers Prop Shop: Money Management Plan for 5%ers Forex Funding

Trading for 5%ers Forex Prop Funding: Risk Management Plan.

Follow results here.

Plan will come into effect 24th October. First day risk settings were higher but sustained a 1% drawodwn. Bit too much for a one day drawdown with 4% drawdown limit. Position risk will be revised upon the closing of current open trades.

UR = "Units of Risk". Learn more about UR money management here.

Stage UR Value ($) Max Week Max Week Max Week Max Day
Qualifying 1 42 14 7 3
Funded 1 4 168 56 28 12
Funded 2 8 336 112 56 24
Funded 3 16 672 224 112 48
Funded 4 34 1344 448 224 96
Funded 5 68 2688 896 448 192
Funded 6 136 5376 1792 896 384
Funded 7 272 10752 3584 1792 768


Lot sizing for UR (Per 10 pips)

P = Pips
1 UR =$ 10 p 20 p 30 p 40 p 50 p 60 p 70 p 80 p 90 p 100 p
1 0.01 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR
4 0.04 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR
8 0.08 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR
16 0.16 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR
34 0.32 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR
68 0.64 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR
136 1.28 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR
272 2.56 2 UR 3 UR 4 UR 5 UR 6 UR 7 UR 8 UR 9 UR 10 UR

The above table calculates the lot size to be used for UR to be equal to 10 pips (On US majors) at each level. This can be used to select lot sizes set by the amount of pips that need to be risked.

Examples;
Desired risk is 5 UR. The stop loss is 10 pips. 5* 0.01 (Or 0.05) is appropriate lot size.
Desired risk is 5 UR. The stop loss is 50 pips. 0.01 is appropriate lot size.
Desired risk is 5 UR. On two trades stops are 20 and 30 pips. 5* 0.02 & 0.03 are appropriate lot sizes.

Results for my 5%ers Forex funded account.

submitted by db_aum to ForexFunding [link] [comments]

ASIC Regulation Thread - Regarding the proposed changes ( Australians effected the most )

I'm hopeless at formatting text, so if you think you can structure this post better take everything i write and put it into an easy to digest way. I'm just going to type out everything i know in text as fast as possible. I'm not a legal expert, I'm not somehow who understands every bit of information in the PDF's below, but i know I'm a retail trader that uses leverage to make profit which is why I'm posting this, in the hope that someone who can run a charge better than me, will.
Some of you are already aware of what might be happening, this is just a post to educate retail traders on changes that might be coming to certain brokers. This effects Australian Customers the most, but also effects those living in other countries that use Australian brokers, such as Pepperstone and others.
Last year in August 2019, ASIC ( Australian Securities and Investments Commission ) was concerned about retail traders going into Forex and Binary options without understanding these instruments properly and started sticking their noses in for tough regulation.
ASIC asked brokers and anyone with interest in the industry to write to them and explain what should and should not change from the changes they proposed, some of the proposed changes are very misguided and come from a lack of understanding exactly how OTC derivatives actually work.
I will provide the link to the paper further down so you can read it yourself and i will provide a link to all the submission made by all parties that sent submissions to ASIC, however the 2 main points of debate are:
1, To reduce the overall leverage available to retail traders to either 20:1 or 30:1. This means people who currently use leverage such as 100:1 to 500:1 and everything in between will be effected the most, even more so are those traders with relatively small accounts, meaning in order to get your foot in the door to trading you will need more capital for it to be viable.
^^ This point above is very important.
2, The removing of Binary options trading, which basically includes products like "Bet if gold will rise to this price in the next 30 seconds" This sort of stuff. So far from all the submissions from brokers and individuals nobody really cares if this changes as far as i know, though if you have concerns about this i would start voicing your disapproval. Though i would not waste your time here, all is pointing to this being eradicated completely with brokers also supporting the changes, I've never used such a product and know very little about them.
^^ This point above isn't very important and will probably be enforced in the future.
Still to this day i see retail traders not understanding leverage, they think of it as "dangerous and scary", it's not, position size is the real danger, not leverage. So ASIC is aiming to limit retail traders access to high leverage, they are claiming it is a way to protect traders who don't really understand what they are getting into by attacking leverage and not the real problem which is position size relative to your capital.
If it was truly about protecting retail traders from blowing up their accounts, they would look for ways to educate traders on "understanding position sizes and why it's important" rather than attacking leverage, but their goal is misguided or has an ulterior motive . I will give you a small example below.
EXAMPLE - We will use 2 demo accounts for demonstration purposes. If you don't understand my example, i suggest you try it for yourself. - Skip if not interested in examples.
Lets say we open 2 demo accounts with $1000 in both, one with 20:1 leverage and one with 500:1 leverage and we open an identical position on both accounts ( say a micro lot '0.01' on EURUSD ). You are safer on the 500:1 account as you don't need to put up as much margin as collateral as you would on the 20:1. If the trade we just opened goes against us and continues against us, the account with 20:1 leverage will run out of free margin a lot faster than the 500:1 account. In this simple example is shows you that leverage is not dangerous but safer and gives you a lot more breathing room. This trade was a small micro lot, so it would take hundreds of pips movements to get margin called and blow up that $1000 on each account. Lets now use a different position size to truly understand why retail traders blow up accounts and is the reason why trading can be dangerous.
This time instead of opening a micro lot of '0.01' on our $1000 dollar demo accounts, lets open a position size much larger, 5 lots. Remember we only have $1000 and we are about to open a position much larger relative to our capital ( which we should never do because we can't afford to do that ) the 20:1 probably wont even let you place that trade if you don't have enough margin as collateral or if you could open the position you would have a very tiny amount of free margin left over, meaning a small pip movement against you will instantly blow up your $1000 account. On the 500:1 account you wouldn't need to put up as much margin as collateral with more free margin if the trade goes bad, but again a small movement could blow up your account. In this example, both accounts were dangerous because the lack of understanding position sizes, opening a position you can't afford to open. This is what the true danger is, not the leverage.
Even in the second example, the higher leverage would "margin call" you out later. So i would go as far to say that lower leverage is more dangerous for you because it margin calls you out faster and just by having a lower leverage doesn't stop you from opening big positions that can blow you up in a 5 pip movement anymore, any leverage size is dangerous if you're opening positions you can't afford to open. This is also taking into consideration that no risk management is being used, with risk management higher leverage is even more powerful.
ASIC believes lowering leverage will stop people opening positions that they can't afford. When the reality is no matter how much capital you have $500, $1000, $5000, $50,000, $500,000, $5,000,000. You don't open position sizes that will blow that capital up completely with small movements. The same thing can happen on a 20:1 or 500:1 account.
Leverage is a tool, use it, if your on a lower leverage already such as 20:1, 30:1 it means your country has been regulated and you already have harder trading conditions. Just remember higher leverage allows you to open larger position sizes in total for the amount of money you own, but the issue is NOT that your using the higher leverage but because you are opening positions you can't afford, for what ever reason that is, the only fix for this is education and will not be fixed by simply lowing leverage, since you can just as easy blow up your account on low leverage just as fast or if not faster.
So what is going on?
There might ( get your tinfoil hats on ) be more that is involved here, deeper than you think, other agendas to try and stop small time retail traders from making money via OTC products, theories such as governments not wanting their citizens to be traders, rather would prefer you to get out there and work a 9 to 5 instead. Effective ways to do this would be making conditions harder with a much larger barrier of entry and the best way to increase the barrier of entry for retail traders is to limit leverage, lower leverage means you need to put up more money, less breathing room for trades, lower potential. They are limiting your upside potential and the downside stays the same, a blown account is a blow account.
Think of leverage as a weapon, a person wielding a butchers knife can probably destroy a person wielding a steak knife, but both knifes can prove fatal. They want to make sure your holding the butter knife then tell you to butcher a cow with it. 30:1 leverage is still workable and can still be profitable, but not as profitable as 500:1 accounts. This is why they are allowing professionals to use high leverage, this gives them another edge over successful retail traders who will still be trying to butcher a cow with a butter knife, while they are slaying limbs off the cow with machetes.
It's a way to hamstring you and keep you away rather than trying to "protect" you. The real danger is not leverage, they are barking up the wrong tree, how convenient to be barking up the very tree most retail traders don't fully understand ( leverage) , pass legislation to make trading conditions harder and at the same time push the narrative that trading is dangerous by making it even harder. A full circle strategy to make your trading conditions worse, so you don't succeed.
Listen carefully especially if you trade with any of the brokers that have provided their submissions to ASIC. Brokers want to seem like they are on your side and so far some of the submissions ( i haven't read them all ) have brokers willing to drop their leverage down to 30:1 because they know by dropping the leverage down it will start margin calling out their clients at a much faster rate, causing more blown up accounts / abandoned accounts with residual margin called funds, but they also know that if they make trading environments too hard less people will trade or even worse move their funds elsewhere offshore to unregulated brokers that offer higher leverage.
Right now it's all just a proposal, but as governments expand and continue to gain more control over it's citizens, it's just a matter of time till it's law, it's up to you to be vocal about it, let your broker know that if they drop their leverage, you're out, force them to fight for you.
If you have any more information related to this, or have anything to add, post below. I'm not an expert at this technical law talk, i know that i do well with 500:1 leverage and turn profits with it, it would be harder for me to do on a lower leverage, this is the reason for my post.
All related documents HERE
CP-322 ( Consultation paper 322 ) & Submissions from brokers and others.
https://asic.gov.au/regulatory-resources/find-a-document/consultation-papers/cp-322-product-intervention-otc-binary-options-and-cfds/
submitted by southpaw_destroyer to Forex [link] [comments]

Power of 20 pips a Day - 20 Pips Compounded - YouTube The Power Of 20 Pips (Forex Scalping Strategy) - YouTube 20 Pips Per Day  Easiest Strategy Ever - YouTube Forex strategy: 20 pips a Day! - YouTube 20 Pips A Day Forex Strategy  ASFX - YouTube The Best Forex Strategy! Live Trading with 20 Pips A Day ... Forex Trading - 10-20 pips a day - YouTube Why 20 pips a day is the best Forex strategy? + Live Trading!

If you’d like to earn 30 pips a day then this 30 Pips A Day Forex Trading Strategy is a trading system you can try out.. In order to trade this system, you need the following: Indicators: You need two exponential moving average indicators for this trading system and they are used for trend identification: 10 ema and 26 ema. 20 Pips a Day Scalping Forex Trading Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template. The essence of this forex system is to transform the accumulated history data and trading signals. 20 Pips a Day Scalping Forex Trading Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this ... 20 Pips a Day Scalping Forex Trading Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template. The essence of this forex system is to transform the accumulated history data and trading signals. 20 Pips a Day Scalping Forex Trading Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye. Based on this ... Forex scalping strategy “20 pips per day” enables a trader to gain 20 pips daily, i.e. at least 400 pips a week. According to this strategy the given currency pair must move actively during the day and also be as volatile as possible. The GBP/USD and USD/CAD pairs are deemed to be the most suitable. Trading should begin no earlier than 12.30 GMT due to the volatile movements of the ... Can you really make 20 to 50 pips per day in forex trading?… As a mere mortal! and having grown around professional traders and studying trends extensively as a part of curriculum my opinion is that it is not a wise idea to have an objective of making certain pips a day. DOWNLOAD TRADING SYSTEM. There is no way to consistently make ‘x’ pips each day. There are days when there is simply ... Forex scalping strategy “20 pips per day” enables a trader to gain 20 pips daily, i.e. at least 400 pips a week. According to this strategy the given currency pair must move actively during the day and also be as volatile as possible. The GBP/USD and USD/CAD pairs are deemed to be the most suitable. Trading should begin no earlier than 12.30 GMT due to the volatile movements of the ... Timeframe plays an important role when it comes to trading a strategy of this type. To make 20 pips a day, it is ideal to stay between the 1hour timeframe and the 15-minute timeframe. Indicators. This strategy does not require any technical indicators. How to trade the 20 pips strategy. Below is a step by step process to trade this strategy. 20 Pips a Day Scalping Forex Trading Strategy For MT4. The 20 Pips a Day Scalping Forex Trading Strategy For MT4 is especially developed to trade the major forex pairs EURUSD, GBPUSD and USDJPY on the 5 minute time frame. The 20 pips a day forex trading strategy is somewhat similar to these two forex strategies:. 10 pips a day forex trading strategy-you aim to make 20 pips a day with this trading system.; 50 pips a day forex trading strategy-you are aiming to make 50 pips a day; In case you may be interested: Check out my free forex trading signals and trade setups based on price action. 20 Pips a Day Scalping Forex Trading Strategie eine Kombination von Metatrader ist 4 (MT4) Indikator(s) und Vorlage. Die Essenz dieser Forex-System ist die gesammelten Verlaufsdaten und Trading-Signale zu transformieren. 20 Pips a Day Scalping Forex Trading Strategie eine Gelegenheit bietet, verschiedene Besonderheiten und Muster in Preisdynamik zu erkennen, die mit dem bloßen Auge nicht zu ...

[index] [7998] [8305] [27760] [396] [13611] [27988] [14740] [19857] [26782] [20395]

Power of 20 pips a Day - 20 Pips Compounded - YouTube

ICmarkets - Best broker for Scalping: https://icmarkets.com/?camp=17903 Join Premium XtremeTrader signals today! contact Angela on telegram on: https://t.me/... Very important video, explaining why is 20 pips a day is the most profitable and best Forex strategy you can use in your day trading sessions, along with Live trading session, explaining the ... forex trading - is forex trading the easiest way to get rich? https://www.mql5.com/en/market/product/35531 Forex trading for beginners can be especially toug... 20 Pips Per Day Easiest Strategy Ever Just 20 Pips per day can set you free from financial worries. This strategy is a game changer. Join Here: https://liv... Hey guys here is me showing you my 20 pip scalps and that you really don't need to make hundreds of pips to be a profitable forex trader. If you want to lear... https://www.fibmatrix.com - For FibMatrix Dynamic Grids and FibMatrix VTA (Virtual Trading Assistant) automated forex day trading software. PLEASE LIKE AND S... Most new traders think that they need hundreds of pips to make money in the Forex market. In today's video, I explain the power of my 20 pips a day Forex str... ICmarkets - Best broker for Scalping: https://icmarkets.com/?camp=17903 Tradersway (US client - non ICmarkets region): https://www.tradersway.com/?ib=1368965...

http://binaryoptiontrade.profridocklynadist.gq