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How to determine when a retracement ends? Isn't it a catch-22 situation as the end of retracement can be seen only in the past after the pattern has been formed?

Agree, many traders underestimate influence of emotional pressure in trading. If you are unprepared you are guaranteed to have risk spiralling out of control

Breakout of the dovish trend line is really strong bullish signal but it looks to me that it can make fake dip below before it starts to recover targeting new high (> 1.15). Need to see US CPI print.

The trading conditions of the broker you are planning to trade with matter a lot. Try testing the broker through their demo account before you make your decision of trading with them. Demo trading will help clear your doubts.

Understanding how markets work is one thing, making money is completely different. I would say that finding profitable trading system is a blend of trained eye (intuition?), talent, coding and math background and of course common sense. Often you need to spend many years before you get you get...

Should never be avoided or can't be avoided? Looks like you want to do harm to yourself in financial sense making such claims lol. Instead of a number of losses I prefer to focus on average loss per trade and find ways to make this parameter of my system as low as possible.

It can be an addiction especially if you feel emotional response from losses and wins. When you become indifferent to it, it becomes a routine and helps you to focus on finding an edge instead.

I also put my money in Ether I see lots of potential in it despite many FUD and increased fees, I guess many positive surprises are ahead for this asset that will cause positive price shocks.

Yeah this is the easiest one and still works especially on crypto

Can I connect to CME directly or there are some prerequisites for applicants? Also can it be done outside of the US?

Yeah and also order execution itself adds lots of uncertainty in the process... not enough to have correct signals, if it's really good often you will be late competing with other traders with same signal for best price.

Demo account helps to understand how platform works however it's useless if you want to lean or build profitable trading systems. IMO backtesting capabilities of MT4 or MT5 is quite modest I'd rather go to python simulations.

With 100K demo equity it's easy as ABC. Large equity allows to tolerate drawdowns, capital constraints in live trading should not be underestimated.

They have Rest API as well as websockets, it's not a difficult to thing to pull data, however much harder to devise profitable strategies based on that data. However in the long-run for example altocoin returns are easy to make but relatively unsustainable because of crashes, I was surprised...

can you suggest any good scalping strategies? Most of them require speed which retail platform can't boast with.

I think nobody care who invented it because he can't affect it anymore, except maybe he reveals some bugs in the system.

Yeah it's probably the most efficient market too many factors affecting prices movements and also fundamentals are lagging even the Fed or other central banks meetings are usually priced in well before the actual event.

Still it's not good for crypto. It needs volume to be lucrative place for others and draw in new "fish". Crypto reacts positively to news related to integration in real payments it tells about a lot about what is a good vector for crypto space.

I guess it will be be a big blow to crypto as the uptrend is based on fresh flow of investors without that many coins will tank quickly.

binance and kucoin are great since they have good liquidity and API is quite stable so it's perfect for scalping.