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which currency pair is most profitable in forex? Replied 2 days ago - I guess the relevant question to be asked is "which currency pair is the least volatile" because when a pair is not too volatile, your risk is lower leading to a chance for more winning trades. So I think EUR/USD is the least volatile pair to trade and another good thing with it is that it has the lowest spreads of any currency pair and the liquidity is high since market makers always use eur/usd options to hedge their fx exposure.
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EUR/USD Beginner Level trading Replied 3 days ago - The trade ended in loss
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GBPAUD Replied 3 days ago - Looks good, if price drops further a sell will be on the horizon
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Eurnzd Trade Setups and breakdowns Replied 3 days ago - This pair is bearish on all higher timeframes. On the 4hrs timeframe, i am waiting for price to sweep the Asian session liquidity and close with a candle rejection. Afterwards, i will go to the lower timeframes to find a breakout to the downside.
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what are options in forex? Replied 3 days ago - Forex options are OTC (over-the-counter) derivatives that give the holder the right, not obligation to exchange one currency for another at a pre-defined strike on or before expiry.
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Trading GBP/USD Replied 4 days ago - TP almost reached
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GBPNZD Replied 4 days ago - Yes, you are right .
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USDCHF SETUPS Replied 4 days ago - I don't trade the 5min timeframe. My lowest timeframe for executing my trade is the 30min timeframes. It gives me more confidence than the remaining lower timeframes.
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for which forex pairs is eurusd correlation negative? Replied 6 days ago - yh, they are both negatively correlated.
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Xauusd or currency pairs? Replied 1 week ago - Please what exactly drives Gold prices?
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My first trade experience Replied 3 weeks ago - Today was not a normal day, the reversal actually happened during franky but bounced off the pre-franky low and price moved upwards for a good part of London into NY. I got stopped out of my shorts this morning. It is only this evening at the close of NY that price is begining to fall towards the 625 option barrier.
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orokpos trades Replied 1 month ago - The trend for the past week has been fake of Asian high/low. The bearish engulfing pattern was the sell trigger, you did well to hold the trade from edge-to-edge.
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what's us30 ticker symbol on ifx brokers? Replied 2 months ago - US30 index is also know as Wallstreet 30 or WS30 as ifx brokers displays it
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EURUSD Replied 2 months ago - Okay.
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what are futures contracts in forex trading? Replied 5 months ago - Futures Pricing & Cost: Futures trade on exchanges every day so the price will be displayed, and the price also fluctuates according to market forces. You can click on any futures to see the contract specs. In the image attached, we see a Platinum Futures (PLV5) trading at a current market price of $1,359. However, from the contract specs we see that each PLV5 contract contains 50 troy ounces of platinum so the notional value of the contract will be ($1,359 x 50 ounces) = $67,950 When you buy and hold a futures contract overnight, it will be marked-to-market meaning you will be debited if the final daily settlement price is lower than your entry price. You will also be credited if the final daily settlement price is higher than your entry price.
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eurusd vs xauusd which is better? Replied 6 months ago - EU above all.
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please mention some countries where the rand is stronger than their currency Replied 6 months ago - INDONESIA The Rand is 912-times stronger than the Indonesian Rupiahs. The current Rand to IDR exchange rate is R1/912.53 IDR
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gold vs dollar: what is the price relationship? Replied 6 months ago - Gold is a dumb metal meaning it doesn't pay interest so if the us dollar is strong people will rather invest in the dollar so they can earn interest, and this causes gold prices to fall when people move their investments from gold to the us dollar.
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what is the difference between btcusd and btcusdt Replied 6 months ago - How about a little breakdown to make it more comprehensive and relatable. USDT (Tether) is a stable coin that represents the value of BTC (bitcoin). USDT holds a stable value relative to the US dollar. This pair gives a little advantage against market fluctuations, since it can be traded without assets being converted to fiat a currency. Meanwhile, the pair BTCUSD represents the value of bitcoin in the US dollar, indicating the current price of BTC in fiat currency. This pair is used to buy or sell BTC using the actual US dollar currency. In my opinion BTCUSD is more volatile due to fluctuations in the dollar market. Meanwhile BTCUSDT is a little less volatile due to the stable coin in the pair.
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what is the polish currency, can i trade it in forex? Replied 6 months ago - The official Polish currency is called the "Zloty" and has the symbol "PLN". Poland does not use the Euro currency for transactions, even though they have been a member of the European Union since 2004. As at today, 1 PLN is worth 0.28 USD. Forex brokers allow you trade Polish currency pairs such as the USD/PLN, AUD/PLN. CHF/PLN, GBP/PLN, PLN/JPY on their trading platforms. Some forex brokers even offer trading account display currencies in PLN, so that as you trade you see your transactions displayed in PLN. Trading with a PLN account also reduces the currency conversion fees you pay when trading PLN pairs
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