For beginner I think USD JPY because it is less volatile than eur usd and behaves more stable. You can read some books about candlestick, technical analisis and it should work for you better than eur usd. In eur usd there are a lot of false ...

Which Pair to trade for a beginner

Dont use stochastic. It is useless indicator. I have tested it in metastock and it showed poor results.

which system

At the first you should close the most correlated pairs. It is like doubling your positions. I have calculated for some pairs and here are some results: image Pairs marked in red are correlated. The more closer to 1 there is correlated more. It is ...

A challenge for you

You can read about this method here: url I dont know if it is a good method. It is against AT.

Guys - What do u think about this

I have read in one e-book that carry trading works best if you will add technical analisis to this. For example you should open positions for pairs that have a decent interest rate and price is above 200EMA. I've tested it and it works well for 3 ...

Warning to Carry Traders (Perfect Hedge)

great article. I didnt know that usd jpy is working like a clock. This is very technical pair. I must pay atention to this.

market delays

You should read some economic books about inflation. The article about inflation is given here: url

Inflation and the $$

aud/jpy, cad/jpy and nzd/jpy have a strong bullish trend.

overall market has changed

If you are envious about this prize you can also try. If not in forex.com you can start in fxcm. there is monthly competition.

Anyone using Forex.com?

The only way to be at safe position is to not using too large lots. You should have in the deposit enough money to withstand the market shakes.

negative balance protection

Yes I talk about correlation, but I dont know which timeframe choose.

market delays

How does they know that you are trying to hedge for swaps? Is there a central computer that will catch the operations from some people or maybe brokers are sitting in the forums and read?

Warning to Carry Traders (Perfect Hedge)

hedging can work like this. You see that eur usd is in downtrend. So you are short. And you hear in news that there was something against usd in short term (you know that it will go down) so you hedge and get profits from short moves.

Hedging

and also if oil is going up cad/jpy is going up. Additionaly you will have swaps. Futures doesnt have swaps it is additional plus to currency trading.

Using US$ index to trade news announcements?

Leverange? No I think that leverange has nothing with it. It depends only on balance of your account. You should calculate quantity of the trade that the maximum loss should be less 5%. Big leverage is good because you have larger margin. If you ...

Average system + great discipline =great results?

But you are not forced to use this indicator on weekly chart. You can use it on 4H chart. By the way - you dont have to use anything even indicators because they are giving you a delayed signal.

Lost in the Tunnel...

I agree, paying too much for the spread is making a broker richer. The better idea is to use entry points.

Hedging strategies

image image The most important thing that you have to watch is the clound. You should not do anything (open short or long positions) when the price is in the clound. You can compare the current result with "traditional" vegas method - 5 and 21 ...

Lost in the Tunnel...

You are right. I have thought that I will make money on real account, but I was mistaken. In this moment I can make a lot of money in demo and also in real account. I was making a mistake because I wanted instant results. The market is cruel.

Need some advice