Recent content by Polakandil

This strategy seems to take advantage of the correlation between pairs to gain from arbitraging the difference in price differences between an asset in one place and another.

EURJPY yesterday drew a small bulls candle depicting a narrow, less volatile price movement. The market tends to form decision candles even though several indicators indicate bullish signals. On the D1 timeframe, the EURJPY price moves below the upper band line, and the Bollinger band indicator...

Stop loss is like a brake in a vehicle, to anticipate bumpy and winding road conditions. When on a sharp corner, the brake can be used to slow down the vehicle so it can turn more safely.

Every trader may have a different perspective even though they are faced with the same case, here I say based on personal experience because I tried backtesting the EA several times and the results did not give what was expected, including the EA's performance looked good at the beginning but in...

To make a manual trading system into an EA requires programming skills, I still prefer manual trading because it is easier to control risk, using EAs created by other people in my opinion traders must understand how the EA works because many EAs work without a good MM.

Rumors of concerns about World War 3 have recently become more prominent because the geopolitical map seems to be divided into Western and Eastern blocs, and several countries such as BRICS have also reportedly abandoned the USD which allows for sharper de-dollarization. Usually, when the USD...

Yes, it's true, Silver is very volatile, without risk control and discipline in trading strategies, it can cause high risks which can result in large losses, therefore discipline is an important thing that must be maintained.

Gold prices continued their decline on Thursday after falling on Wednesday following the Fed's FOMC meeting minutes. Gold prices yesterday fell to a low of $2326 after a short-term correction. The minutes of the FOMC meeting held Wednesday which was attended by many Fed officials maintained...

EURJPY today's price is at 169,630, prices tend to be flat and almost like there is no movement, yesterday the price drew a bull candlestick with a small body with high and low prices in a narrow range. On the daily timeframe, prices move between the upper and lower bands. A smaller candlestick...

I prefer independent trading without relying on trading signals, maybe many traders prefer to be followers and subscribe to trading signals, depending on each trader, subscribing to a signal provider or independent trading both aim to gain profits from forex.

In fact, last week I tried trading Silver to give high profits because the cooling US inflation data had a tremendous impact on Silver price movements until it reached over $31 price level. But it is true that with high volatility the risk is also high, this has become a common thing in forex...

EURJPY today's price of 169.725 is moving within the previous range despite drawing a bullish candlestick. Yesterday's trading price drew a bearish candlestick with shadows on the top and bottom of the candle reflecting the indecision candle. Today's price EURJPY is drawing a bullish...

Like most traders, stop loss is one way to mitigate risk in my trading plan, whatever it is, I realize that retail traders can only follow the market and cannot control the market, therefore risk management is a crucial thing in my opinion.

Indeed, the influence of inflation data, changes in interest rates, global economic turmoil, and geopolitical risks can affect financial markets, as happened last week when US inflation data cooled and impacted the precious metals market, both gold and silver, jumped sharply.

EURJPY price today 169.513. Last week, the price drew a bullish candlestick with higher highs and lower highs reflecting the market uptrend. On the daily timeframe, we see the price moving below the upper band line. The Bollinger band indicator draws an ascending channel in this timeframe...