Recent content by Polakandil

It is undeniable that high volatility often occurs in gold and crypto, investors typically like volatility, because without volatility there is no profit, but on the other hand, high volatility has a high-risk potential, often occurs after the price of gold soars and then accompanied by a...

Gold is still a safe-haven asset amidst the geopolitical risks that hit the world, the war in the Middle East and Ukraine has shaken up the global geopolitical map, the impact of which could boost gold, on the other hand, cooling US inflation data gives hope for the Fed to cut interest rates...

Mistakes in forex trading can come from external factors and internal factors. Dynamic market fluctuations beyond expectations mostly cause mistakes that come from external factors, it could also be due to connection problems so that traders cannot liquidate transactions, for this reason...

Mistakes in forex trading can occur due to a trader's lack of discipline in implementing trading rules, sometimes the fear of missing out becomes an enemy that comes from within oneself. Mistakes that arise due to a trader's lack of discipline will be difficult to eliminate if you don't have a...

EURJPY price today fell at 167,338 from a high of 168,550 yesterday. A reversal pattern has appeared on the daily timeframe since Tuesday. On the daily timeframe the price is now forming a bearish candlestick slightly above the middle band line. A breakout of this level may bring prices to find...

Yes, patience is the key for traders to be able to implement trading strategies without deviating too far from the trading system rules outlined in the correct trading plan. As the saying goes, waiting for a bus at a stopping station is safer than chasing the bus by running.

EURJPY today's price is 169,081, yesterday the price formed a bullish candlestick indicating trend continuation. On the daily timeframe the price is now moving near the upper band line and the prices appear to be forming a retracement or perhaps a reversal signal. Bollinger bands are still...

Profit and loss are part of forex trading, traders only try to approach the market in their various ways, but traders cannot determine whether they will have good or bad luck, it is best to pray even though perhaps not all prayers will be answered.

The built-in indicators in platforms such as MT4 or MT5 provide quite a large option of indicators that can be tried, but before trying an indicator, it's a good idea to first learn about the indicator and how it works. This provides a broader picture of the function and why the indicator was...

EURJPY yesterday formed a bullish candlestick continuing the previous market uptrend. Price has drawn a long-body bullish candlestick reflecting a strong rally on Monday's market open. On the daily timeframe the price is now moving below the upper band line, this could be a resistance zone near...

Perhaps almost all traders in the course of their careers have experienced losing money in forex trading. All pro traders who may now be at the level of profitable traders also started from beginners and encountered many challenges, besides patience they also need a strong mentality.

At the market opening on Monday at the beginning of this week, I witnessed a gap in the USDJPY pair and several other pains that had elements of the JPY currency including EURJPY and CHFJPY. The gap will be obvious from low timeframes such as M5 or M15. This gap occurs because Saturday and...

Currently, the Fed's interest rate is still high and the BoJ's interest rate is still low even though it has exited negative interest rates, this provides an opportunity to buy USDJPY with potential gain because the strengthening of the USD affects the Japanese Yen exchange rate, however, Japan...

Thousands of brokers offer services in the forex market, for those who have not yet chosen and are still looking for which broker will be their mainstay in making money in the forex market, there may still be many considerations from various points of view, for traders who are steady in choosing...

Agree, that forex risk management plays a role in forex trading, however, the market can move dynamically and sometimes unpredictably, without risk management it is like driving a high-speed car without brakes.