Michael | Forex Trader Portal

I Want to Take a Break from Trading – Is This Normal ?

August 6, 2018 by Michael Leave a Comment

Recently, in our FB group, a trader asked me a question: “Is it okay if I do not trade for a couple of weeks? Won‘t I lose my skills? “. It prompted me to write this post. Today we will talk about the importance of taking breaks in trading, work, business …. in any activity) … [Read more…]

How to Trade on NonFarm Payrolls ? – My secret strategy

July 30, 2018 by Michael Leave a Comment

Hello, dear ladies and gentlemen, forex traders! Today we will talk about trading on the Nonfarm Payrolls news. Here, I will explain, what this news is bout, why traders always wait for them, when they release, where to look for them and most importantly – why after the NonFarm Payrolls release the market strongly fluctuates … [Read more…]

Cayman Indicator – alone against the crowd

June 4, 2018 by Michael Leave a Comment

Hello, fellow forex traders! We all know that most of the market crowd is usually wrong. Using different metrics, all technical indicators try to express the sentiment of the crowd for understanding where the market will go. As a rule, the main reference point for this in the foreign exchange market is the price, as … [Read more…]

What will my broker do if I earn stable money?

May 14, 2018 by Michael Leave a Comment

Many people who are potentially interested in trading and investing in financial markets are captivated by delusions that it is impossible to receive a stable income on Forex, that brokers simply do not let their traders make money and profit from trusting clients. This stereotype is constantly reinforced by the yelling of “deceived financial tycoons” … [Read more…]

How to set Take Profit correctly

April 30, 2018 by Michael Leave a Comment

Closing the position is often more important than entering it. We all constantly hear about the fact that you cannot trade without stop losses, but at the same people pay too little attention to the Take Profit order. It’s time to correct this mistake. In today’s material we will talk about the importance of Take … [Read more…]

Free VPS server — myth or reality?

April 23, 2018 by Michael Leave a Comment

A decade ago, most forex traders knew practically nothing about remote servers, and automatic trading systems were only gaining popularity. Now, you can find thousands of different forex robots online, moreover, now anyone can create their own advisers – you do not need to have programming skills, just use special tools. However, in order the … [Read more…]

Extra Report Pad Indicator— Myfxbook in your terminal

April 14, 2018 by Michael Leave a Comment

There is a wide range of custom indicators for Forex, starting from the simplest ones, slightly improved versions of standard tools like Stochastics or RSI, and ending with complex systems, which algorithm may seem even too difficult for some programmers. However, in all this variety there are not so many tools that analyze not the … [Read more…]

Rubber Band Trading Strategy— when the Flat is your friend

April 2, 2018 by Michael Leave a Comment

Despite the fact that 70% of the time the market is in a flat state, most strategies for trading on Forex are trendy ones. Thus, ignoring the movement of prices in the outset, traders use only 30% of the trading potential of currency pairs. To help novice forex traders to work in the market more … [Read more…]

First steps to copy trading with Mirror Trader

March 24, 2018 by Michael Leave a Comment

Hello, friends! Successful people use the concept of “money makes money”. In order to make the investment profitable, you need to have a lot of knowledge. As you know, investing in the financial market is one of the most profitable and promising classes. Surely, you’ve heard about PAMM accounts earlier, where you invest money in … [Read more…]

Price Action: How to trade breakdown levels?

March 12, 2018 by Michael Leave a Comment

Hello, friends! Today we will talk about how to trade profitably on breakdowns of support/resistance levels. As we know, most Price Action setups are aimed at trading from the levels. So, in fact, we are working with rebounds from the levels. Can we make money on breakdowns? After all, they are also a tidbit … [Read more…]

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Author: Michael