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My friend has been trading STP. Which one’s better among these two?

Fxview offers variable and ECN but not fixed. Fxpro on the other hand offers both floating and fixed spreads.

How about you try fxview and fxpro? The average spread on the majors starts from 0.0 pips and can go up to 0.3. Choice is yours.

C’mon dude! Be serious! :)

There are regulated brokers available in forex through which you can trade safely but then many unregulated brokers are good too. A good broker is very important to have consistent profits and growth. Fxview and FXTM are among some regulated brokers giving you low spreads and have low...

I have invested in SP500 and bitcoin, but I don’t intend to actively trade them. More like a long term investment.

Just a thought. These high liquidity pairs can still put you at the risk of widening spreads in case there’s economic volatility. Keep an eye on the economic calendar. That’s one solution to be safe.

What is the best way in your opinion to map out support and resistance lines?

But there must be some that perhaps work better than others, like statistically speaking

I’m going a bit technical here with overlaying the moving average lines into the MACD histogram. It’s quite accurate actually so I blindly follow this approach. But yea, do practice it on demo accounts till you’re sure you’ve got a hang of it.

But isn’t $30 quite a low amount to trade? Do all brokers allow you to trade with such a low amount?

I think I should keep using a strategy in some trades to see how it impacts my returns. I think this is the only way I can know which strategy is suitable for me and which is not.

How did your plan work out mate? Plain curious!

Thanks bud!

I am all up for backtesting, using MT4 to go back as much as time allows me.

Hey thanks bud, could you give me details like the placement of sl, tp, eas, etc. I also wanna know how you define your support and resistance areas.

@Mirth I have tried applying different strategies but I end up confusing everything and this makes me lose in the end. What do you suggest I do?

I agree, I am here just to get ideas.

Ouch! That hurt :)

Which indicators are you using?