Your community for Forex News, Training, and Strategies. /r/Forex is for traders serious about sharpening their skills for consistent profitability in the market. Feel free to discuss trade setups, fundamentals, technicals, or other trading topics which might help promote a better edge for your every trade.
I've been using indictors as normal, such as postive macd and rSI below 30 for long positions, however I've come across divergences, and wondering if anyone used this technique and also which indictors work well with them?
Got myself in a predicament here over my lack of attention. So i'm in a profitable EURUSD short, but i just realized that the DXY is about to dump coming market open.
What is the best way of getting out of the trade since the markets are closed, should I just be at the PC trying to close it as soon as market opens in a few hours?... how f*cked am i?, i really don't want to see a giant gap up
Hello everyone! I've been trading for a while now just for fun, but the more you do it the better you get, but now I've run into a problem that I don't quite know how to solve. When you place a trade and you see the % you've gotten on it it's quite easy to know the profit you've made, but when you take into account stop-losses, market fees etc, it gets hard for me to keep track on my portfolio. How much did I lose from trades, and how much did I lose from "other things". How do you organize this in a good way? Hope someone understands my issue and question, sorry for my bad English.