Easiest way to become a profitable trader

Can anyone really master the art of trading within a few years? The simple answer to this question is yes. The Singaporean traders are successful in trading CFDs because they know the way to play the tricks and tips. They knew that CFDs could be traded even in the falling market, and access to thousand markets, and anytime trading ability. So, the Singaporean traders were capable of understanding the advantageous of CFDs and if you also want to become a pro trader you need to focus on the ways to trade. You cannot trade for hours and become rich because it is impractical as it sounds but if you learn for hours about CFDs you will be able to learn something which you could use in the future. You need to have the mindset of a profitable trader because they never let the emotions to rule their mind. Make sure to sharpen the edge of CFD trading and then you will be able to trade like a pro. Read the article to find more on CFD trading.

Buy or sell
After you have selected the market you need to think about buying or selling. You need to study the market thoroughly to decide the price movements. There are two prices in the contract for difference (CFD) market and i.e. quoted price and offer price. The spread is considered as the difference. You will buy or sell based on the price movement. You will be buying or selling the underlying asset and if you need to know more about CFDs you need to make sure that you learn the pros and cons as well. If you look at the professional traders at Saxo then you will notice that every single one of them is trading the live assets with a solid trading system. Unlike the novice traders, they execute the perfect trades in the market and trade with solid trading discipline.

Select the market you need
There are numerous markets in the industry along with shares, currencies, bonds, indices and etc. with so many opportunities offered so you need to select the market which you prefer. When you are searching for the best market for trading CFDs make sure you consider all the essential factors. Moreover, you need to make sure that the opportunities get along with your style of trading. When you are selecting the trading platform you need to select the best platform so then you will be able to get essential market information and necessary support.

Size of the trade
When trading CFDs you need to select a number of CFDs you want to trade with indices, commodities, shares, bonds or anything. The value of the CFDs will vary on the instruments traded. If you have larger trades then the margin will be higher, moreover, you need have sufficient amount in your account to trade CFDs. So if you truly want to become a profitable trader in the forex market make sure that you trade with proper lot size and risk management factors.

Easiest way to become a profitable trader

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How many pair in your Broker ?

In this market place we the traders actually choose our trading pair according to our trading experience. in my trading career because of slow motions from my first day of trading I have been using EURUSD which is mainly considered as a bass currency in Fx trading. And I am very lucky to choose LQDFX which is regulated with STP trading technology and for all time make sure almost 50 up major currency pair including CFDs. So, my trading performance is growing very rapidly.

How many pair in your Broker ?

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Weekly Trading Forecasts for Major Pairs (June 26 - 30, 2017)

Here’s the market outlook for the week:

EURUSD
Dominant bias: Neutral
This market did nothing significant last week, save the movement between the resistance line at 1.1250 and the support line at 1.1100. The market has essentially become neutral, and that bias would hold out until the aforementioned resistance line is breached to the upside or the support line is breached to the downside. This is what is expected this week, for activity in the market would be greater than what was seen last week. Movement to the upside is more probable.

USDCHF
Dominant bias: Bearish
USD/CHF also did not do anything significant last week, tough the bearish bias still exists, most importantly in the long-term. Price tested the resistance level at 0.9750 and later closed below the resistance level at 0.9700 on Friday. Further bearish movement is anticipated this week, especially when EURUSD goes northward (which is a possibility). There are possible targets at the support lines of 0.9650, 0.9600 and 09550.

GBPUSD
Dominant bias: Bearish
The bearish signal that started on June 9 has lasted till now. Last week, price went downwards to test the accumulation territory at 1.2600, and later bounced upwards, to close above the accumulation territory at 1.2700. In spite of the upwards bounce, the outlook on GBPUSD remains bearish for this week (plus on certain other GBP pairs). Price could reach the accumulation territories of 1.2700, 1.2650 and 1.2600 - all of which were tested last week.

USDJPY
Dominant bias: Neutral
This currency trading instrument is currently in a neutral mode, owing to the tight consolidation that took place on it last week. A bullish signal was generated on June 15, but that was rendered ineffectual owing to the bull’s inability to push price protractedly northwards. In fact, the inability of the trading instrument to go more upwards may eventually result in a smooth bearish run before the end of this week, since the outlook on JPY pairs is bearish for the week.

EURJPY
Dominant bias: Bullish
This cross has been able to retain its bullishness so far, despite many odds against it. In most part of last week, price oscillated between the demand zone at 123.50 and the demand zone at 124.50 (formerly a supply zone). Since price was able to close above the demand zone at 124.50, an imminent bullish intent has been revealed. However, price may not move seriously upwards, because of the possibility of bearish movements, which can happen on JPY pairs.

This forecast is concluded with the quote below:

“Regular and honest self-assessment of your trading performance is crucial to your long-term success… It’s never comfortable to review a scenario and admit your mistakes, but doing so leads to massive personal growth as a trader — and in life too.” - Deron Wagner

Source: www.tallinex.com

Weekly Trading Forecasts for Major Pairs (June 26 - 30, 2017)

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Choice of broker ..

Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this. as a scalper from my first day of trading I have been using LQDFX which is real STP Execution trading platform and for all time permits scalping including lowest trading spreads . so, my trading life is very much comfortable.

Choice of broker ..

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Bonus from Brokers

I have seen according to my trading experience the bonuses we get from our trading brokers practically cannot use in a proper way due to many restrictions. That’s why I am not willing to trade with any kinds of bonus offer, now I am comfortable with LQDFX which is real STP Execution trading platform and for all time ensures best trading environment for their clients by providing security of funds at any kinds of investments with a wide range of trading technologies. So, at all times I feel secure and comfortable when trading practically.

Bonus from Brokers

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scalping

If you want to get maximal result by scalping first of all you have to make sure lowest trading spreads which is very supportive to scalp in a proper way. That’s why as a scalper I have chosen LQDFX which for all time ensures best trading environment for scalping by providing lowest trading spreads from 0 pips which is very supportive to make profit with certainly by scalping that brings profit in a short time. so, my trading life is very much profitable.

scalping

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some important for Forex trader

When choosing a broker there are many things that we have to check. According to my trading experience first of all I will be looking for in a broker is if they are credible or not. Because, only credible trading broker in this market place guarantee their clients funds. for that reason , now I am with LQDFX which is real STP Execution trading platform and always ensures security of funds at any kinds of investments with a wide range of trading technologies. So, for all time I feel secure and comfortable when trading.

some important for Forex trader

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some important for Forex trader

Without having a reliable support from a credible trading broker that’s not possible at all to lead a successful trading life in spite of good trading knowledge , because the trading platform can affect the result of our trading with certainly. From my first day of trading I have been using LQDFX due to their security of funds, low transaction cost, easy withdrawal system without long time process , active customer services and much more that are very supportive to lead a comfortable trading life with certainly.

some important for Forex trader

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Weekly Trading Forecasts for Major Pairs (June 19 - 23, 2017)

Here’s the market outlook for the week:

EURUSD
Dominant bias: Bullish
The market largely consolidated last week – in the context of an uptrend. A movement below the support line at 1.1100 could trigger a bearish signal, and that exactly is what is expected this week, for the outlook on EURUSD (and some EUR pairs) is bearish. The targets for the week are located at the support lines of 1.1050 and 1.1000. However, there would not be a real threat to the current bullish outlook until the support line at 1.1100 is breached to the downside.

USDCHF
Dominant bias: Bearish
Despite the little bullish effort that was made in the last few days of last week, the bias on USDCHF is essentially bearish. The bias would, nevertheless, turn bullish, once the resistance level at 0.9900 is breached to the upside. That is a huge possibility this week, because EURUSD is expected to trend south (thereby helping USDCHF upwards), and CHF is also expected to be somewhat weak, which would enable USD to rally versus it.

GBPUSD
Dominant bias: Neutral
This is a volatile market, which has put the recent bullish outlook in a precarious situation. A protracted directional movement is needed before a new bias can be determined in the short-term. There is a need for the accumulation territory at 1.2600 to the breached to the downside before the bias can turn bearish, and there is a need for the distribution territory at 1.2900 to be breached to the upside before the bias can turn bullish. Until one of these two things happen, the bias would remain neutral.

USDJPY
Dominant bias: Bearish
This trading instrument is trying to make some bullish effort in the context of a downtrend. Last week, price consolidated and then made a faint bullish effort on Thursday and Friday, as it closed above the demand level at 110.50 on Friday. The outlook on JPY pairs is again, bearish for this week, and as a result of this, any rallies perceived in the market should be disregarded, since they would turn out to be short-selling opportunities.

EURJPY
Dominant bias: Bullish
The bias on EURJPY remains bullish, although that may change at any time. Price closed above the demand zone at 124.00 and it may hit the supply zones at 124.50 and 125.00, before turning south. Any gains in the Yen would cause JPY pairs to tumble, and EURJPY is no exception. Nevertheless, there is a need for price to go below the demand zone at 121.00 before the bias can really turn bearish.

This forecast is concluded with the quote below:

“I’ve reached the point where I can now support myself with my trading profits.” – Dr Jack Loftis

Source: www.tallinex.com

Weekly Trading Forecasts for Major Pairs (June 19 - 23, 2017)

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Weekly Trading Forecasts for Major Pairs (June 12 - 16, 2017)

Here’s the market outlook for the week:

EURUSD
Dominant bias: Bullish
Although the bias on this pair is bullish, bulls are getting tired of pushing price upwards. Price consolidated last week, moving between the resistance line at 1.1200 and the resistance line at 1.1300, before it closed below the resistance line at 1.1200 on Friday. The outlook on EUR pairs is bearish this week, and that may cause the market to assume a bearish journey, as the support lines at 1.1150 and 1.1100 are targeted.

USDCHF
Dominant bias: Bearish
USD/CHF moved between the resistance level at 0.9700 and the support level at 0.9600 last week. On Friday, an attempt was made to go above the resistance level at 0.9700, but price was forced to close below it. In spite of a faint rally that was seen last week, the dominant bias on the market remains bearish. Further bearishness is expected this week, as USD would be weak against some currencies like CHF, NZD and AUD. The only factor that could cause a noteworthy bullish run in the market is a major pullback on the EURUSD.

GBPUSD
Dominant bias: Bearish
It was formerly forecast that the outlook on GBP pair is bearish for June. GBP pairs went through major pullbacks last week as EURGBP shot skywards. That event was what put an end to the short-term neutrality on GBPUSD, which has been moving sideways before the pullback that happed on June 9. That event has caused a Bearish Confirmation Pattern to form in the market as price lost more than 200 pips (the initial loss was about 300 pips but price bounced upwards). This week, the bearish outlook on the market remains valid as further bearish movement is anticipated.

USDJPY
Dominant bias: Bearish
This trading instrument went downwards on Monday and Tuesday; and then made effort to go upwards on Wednesday, Thursday and Friday. All this happened in the context of a downtrend, which is expected to continue this week, for the outlook on JPY pair is very bearish for the week. Thus, the demand levels at 109.50. 109.00, and 108.50 would be tested this week, as price goes southwards.

EURJPY
Dominant bias: Bearish
The EUR/JPY cross is bullish in the long-term (though the long term-bullishness is now being threatened), and bearish in the short-term. Price dropped 150 pips last week, to test the demand zone at 123.00, after which it moved sideways for the rest of the week. Things are currently volatile, but further bearish movement is anticipated (just like on other JPY pairs); and thus, the demand zones at 123.00, 122.50 and 122.00 could be breached.

This forecast is concluded with the quote below:

“If you have a strategy that works, stick to it.” – James Altucher

Source: www.tallinex.com

Weekly Trading Forecasts for Major Pairs (June 12 - 16, 2017)

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Technical Forecasts for CFDs (June 2017)

AUS200
Dominant bias: Bearish
On this market, a bearish signal was generated last month, when the market lost over 23,000 points. This has resulted in a Bearish Confirmation Pattern, as this month was also opened on a strong bearish note. The market has lost more than 10,000 points this month, and this is just the beginning. In June, it is expected that AUS200 would lose at least, 20,000 points (10,000 points having been lost already). Thus, the support lines at 5630.00, 5600.00 and 5570.00 would be targeted and possibly be exceeded as the market goes further southwards.

SPX500
Dominant bias: Bullish
SPX500 consolidated from May 3 to 16, and then nosedived to test the support level at 2346.0. After that, price assumed a strong bullish movement as it rose over 800 points, ending May on a strong bullish note. SPX500 has done nothing significant this week, save roughly sideways movement – in the context of an uptrend. The current consolidation may continue for the next several trading days, but when momentum rises, it would most probably favor bulls as price goes further north. The bullish bias on the market is far from being over.

US30
Dominant bias: Bullish
US30 as usual, is normally correlated with SPX500. The movement in the market in May, plus what has happened so far this month, is quite similar to the movement on the SPX500. Price consolidated between May 2 to 16, and then pulled back to test the accumulation territory at 20496. More pullback was rejected as price rose by roughly 600 points, seeing the month of June start with a strong bullish propensity. Nonetheless, the market has not done anything significant after that, save the ongoing sideways movement in the context of an uptrend. There would soon be a breakout which would most probably favor bulls.

GER30
Dominant bias: Bullish
This is a bull market, but things are quite rough. The last 2 weeks of May were particularly choppy, with no directional movement. Should the current condition of the market continue for the next several trading days, the bias on the market would become neutral in the short-term (whereas the long-term bias would remain bullish, as long as the market does not lose 5000 points from here). In spite of the extant choppy condition, the outlook on GER30 remains bullish for the month of June. So, price would eventually go towards the initial supply levels at 12850.0, 12900.0 and 12950.0. The first two supply levels were previously tested.

FRA40
Dominant bias: Bullish
FRA40 was caught in an equilibrium phase in the last 2 weeks of May, while the bullish bias on the market remained intact. In June, a bearish signal has been generated in the short-term, while the long-term bias remains bullish (but threatened). The short-term bearish signal was caused by a 700-point bearish movement that occurred since the beginning of June. A movement towards the demand zone at 5090.0 would invalidate the dominant bullish bias, though that would require a heavy selling pressure in the market. A serious movement to the upside would override the short-term bearish signal in the market, and strengthen the dominant bullish bias.

Source: www.tallinex.com

Technical Forecasts for CFDs (June 2017)

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why have chosen your broker ?

Each the trader has a choice of the broker to be used , should the trader can choose a broker that is more appropriate to the concept of trading that will be used , if you love scalping should choose the broker that allows trading concept such as this.

why have chosen your broker ?

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Leverage is important ?

Actually leverage is an important financial tool which allows an investor to grow his market exposure to a level that exceeds the initial investments. For avoiding risk I always use 1:100 leverage in spite of having up to leverage 1:500 that always ensures my trading platform LQDFX. But in my demo trading I always took high leverage to see the performance how it works. actually before trading with high leverage we the traders first of all have to know how to manage risk.

Leverage is important ?

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Weekly Trading Forecasts for Major Pairs (June 5 - 9, 2017)

Here’s the market outlook for the week:

EURUSD
Dominant bias: Bullish
This pair consolidated in the first few days of last week, and then went slightly upwards. On Friday, price closed above the support line at 1.1250, targeting the resistance line at 1.1300. The outlook on EUR pairs, however, is bearish for this week, which means that EURUSD could experience a serious pullback before the end of the week. Before that happens, price would continue making some visible bullish effort.

USDCHF
Dominant bias: Bearish
USDCHF went bearish last week, losing at least, 110 pips. The market has lost 460 pips since May 11, and that has caused a Bearish Confirmation Pattern to form in the chart. On June 2, price closed below the resistance level at 0.9650, going towards the support level at 0.9600, which is the first target for the week. The second target is the support level at 0.9550. The market is expected to continue going further and further southward, until EURUSD would experience a clear pullback, something that would cause USDCHF to spring upwards.

GBPUSD
Dominant bias: Bullish
GBPUSD is bullish in the long-term, but neutral in the short-term. In the short-term, price simply fluctuated without taking a specific direction. The situation may change this week as price goes above the distribution territory at 1.3050 to continue the long-term bullish bias; or goes below the accumulation territory at 1.2700, to form a new bearish bias. Price must thus go above the aforementioned distribution territory (1.3050) or accumulation territory (1.2700) before a directional bias can occur.

USDJPY
Dominant bias: Bearish
There is a bearish signal on this currency trading instrument, and price may continue going downwards to test demand levels at 110.00, 109.50 and 109.00. Price went sideways last week, but became conspicuously bearish on Friday. Rally attempts may happen along the way, but they are expected to be transient (not being able to form a bullish bias on the market), because the general outlook on this trading instrument, as well as other JPY pairs, is bearish for June.

EURJPY
Dominant bias: Bullish
The EUR/JPY cross is bullish in the long-term, and neutral in the short-term. Price generally went upwards in May; though it is yet to do anything noteworthy this month. The demand zone at 123.50 was tested last week before price went upwards by 180 pips, going above the demand zone at 125.00 briefly and then closing below it on Friday. As long as EUR is strong in itself, this cross would maintain some form of bullishness; otherwise it would eventually tumble.

This forecast is concluded with the quote below:

“If you haven’t already experienced sideways market types for yourself, you will soon discover that they occur a lot more frequently and go for longer periods of time than most new traders realize. If you know how to trade in sideways conditions, you will find plenty of opportunity and you’ll also dramatically boost your chances for long term trading success.” – Dr. Van Tharp

Source: www.tallinex.com

Weekly Trading Forecasts for Major Pairs (June 5 - 9, 2017)

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Technical Reviews for Gold, Silver and Bitcoin (June 2017)

GOLD (XAUUSD)
Dominant Bias: Bullish
Gold began the current bullish movement on May 9, 2017 forming a bullish bias on the market. Price is currently above the support level at 1270.00, going towards the resistance level at 1280.00. Before May 9, 2017, there was a severe selling pressure in the market, but that May loss has now been fully recovered. In June, the outlook on Gold is bullish, for price is expected to go higher and higher. The initial target is located at the resistance level of 1295.22, which was the high of April. There is a possibility that the initial target would even be exceeded.

SILVER (XAGUSD)
Dominant Bias: Bearish
Silver is also bullish, now above the demand level at 17.2000. The market went bearish from April 17 to May 9, 2017. However, further bearish movement was rejected at 16.0613, as a serious bullish movement began, which has held up until now. There is a Bullish Confirmation Pattern in the market, which signals more northwards journey. Price is supposed to gain a minimum of 10,000 pips this month, but the ultimately target that is unlikely to be exceeded is the high of April – 18.6493. The bullish expectation does not rule out probabilities of temporary pullbacks.

BITCOIN (BTCUSD)
Dominant Bias: Bullish
This market, which is becoming more and more popular, has recently experienced maniacal volatility. Both the long-term and the short-term biases are bullish. Price has been going upwards from the beginning of this year, topping at 2797.27 on May 25. That was followed by volatile bearishness which lasted till the end of May. Bitcoin is now less volatile when compared to the last several days of May; plus price has been moving up gradually. The market is expected to go upwards in June, recovering the loss it suffered in May. The aforementioned high (top) of May could be reached or exceeded.


Source: www.tallinex.com

Technical Reviews for Gold, Silver and Bitcoin (June 2017)

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Like scalping ?

I have started my trading career with a small balance. so for all time for making profit with certainly I have to depend on scalping strategy that brings profit in a short time. and fro using this trading policy in a proper way from my first day of trading I have been using LQDFX which for all time ensures lowest trading spreads from 0 pips which is really supportive to make profit with certainly by using any kinds of trading strategies in particularly the scalping that brings profit in a short time. so, I always feel comfortable when trading .

Like scalping ?

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