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- Md. Anamul HossainParticipant
Fibonacci is good for support & resistance.
H4,daily timeframes are better than H1 timeframe for fibonacci.Md. Anamul HossainParticipantYes.
But you will need combination (support-resistance, indicators, trendlines, news and timeframes). It is difficult to draw support and resistance in small timeframes because of too noise. Which timeframe you want to trade just draw support and resistance on that time-frame.
At first, zoom out and then draw.
Maximum candles body should touch your drawing lines. Check news also.Md. Anamul HossainParticipantYou manually check through internet, top 10 or 20 or trust worthy brokers.
Then you will get many brokers with their origin time. More than 10years continuing their broker sites are trust worthy.Md. Anamul HossainParticipant1. According to deposit related, they change their terms and conditions many times. So, you need to deposit minimum account. Example: payoneer offers minimum withdraw many years ago but now you can withdraw if your account balance more than 50$
2. According to me, tickmill, hotforex they offer less but trust worthy. Primarily no need to open zero spread account.
3.yes. In case of hotforex, a Bangladeshi from Uk will call you maximum time, when you will open real account.Md. Anamul HossainParticipantI think 1month is not enough. Practice and analysis positive news which will have great or little bit impact on market.
Suppose, EUR-USD: USD news is so strong (positive) that means you can buy usd but at the same time Euro also strong in another news suppose, EUR-AUD. Then it will be difficult on EUR-USD currency pair. Then, you need to try another currency pair and analysis in the same way. So, you will need to practice.
And trade with very low volume.Md. Anamul HossainParticipant1. Patience
2. Practice demo account minimum 4-6months. This will help you to.build market psychology. And will avoid to take high risk without thinking market situation
3. Trade only evening or night because market will open that time.
4. Draw support resistance
5. Keep eyes on news release
6. Analysis time frame
7. Setup at least 2indicators
8. If all are okay then you will trade.
[There are so many traders. If maximum are in buying position then market will go upwards and vice versa. Then no exact rules will be helpful]Md. Anamul HossainParticipant13.1 or 13.2 Indicator.zip one of them you will get it. Then watch 2.10 lecture (last 3-4min) -how to copy and paste indicator on your pc.
Md. Anamul HossainParticipantthere are so many ways. like stochastic oscillator indicator– value- (25,3,3). if above 20 you can buy and near 80 you should wait for sell position. before doing it, you should confirm by another indicators like “HEIKEN ASHI SMOOTHED”. Before trade, watch 5,15,30min timeframe. if all are the same (upwards/downwards) then you will take a risk. 5-15pips profit is enough for scalping. remember, if you trade it for >10-20min it will be reversed maximum time. it is very short time trade with high risk. sometimes you will get profit, sometimes you will not. it will move so fast if any news release or very close to release at that time.
Md. Anamul HossainParticipantThere is no fixed amount that is needed to verify. But it is better to deposit at least 500-1000/= in any bank. Then, transaction like- shopping via card(visa/mastercard), mobile top-up (using bank app or atm booth), cash withdraw etc. Just need to prove it’s a real statement. Don’t edit your statement scanned copy. Your present address will have to be same as skrill account.
Md. Anamul HossainParticipantDear participant,
here 5 lectures are in “PREVIEW” mode. (1.1 to 2.4).
You will get many ads of different platforms. some selling course on facebook marketing, Instagram marketing, CPA marketing, graphic design, microsoft office word, powerpoint, Spoken english etc. It doesn’t mean you should buy each of them. It’s your own choice. Nobody will pressurize you for buying each and every courses. Before buying a course, you should check preview lectures. white board explanation also included in it (2.4lectures). maximum courses preview lectures are 2 to 3 in number but here 5 in number. so before buying it you should watch preview lectures freely. just watching ads and making a decision to buy isn’t the right way. Here, you should practice at least 6months. without practice and analysis any course will never be helpful whatever it is facebook marketing, spoken english, graphic designing. course will guide you but practice is in your hand. that’s why many becomes more successful than others. any course will not provide you that you just finish watching lectures and income from next day. it is so tough.
each online course selling platform maximum of them “No refund policy”
. Because none of them are forcing you to buy course.
check refund policy: https://www.msbacademy.com/refund-policy/Hope, You should wait for next updates within 2months. hopefully, it will be helpful for you. keep your patience. live trading also be included.
Md. Anamul HossainParticipantthanks for your compliment. And extremely sorry for that.
Beginning lectures are theoritical based. Like as- what is spread, what is demo account, what is zero pips, some broker names etc.
This is just for your basic understanding and this course only for beginners not intermediate or pro level.
Secondly, when it is about candlesticks, chart pattern i am trying to show how to identify it. There, each lecture contains theory and then little bit demo.
Finally, when you complete the course then you will get some example trading where only setup some indicators, analysis time frames, check currency strength. And if all was okay then i hit the trade button. Finally, Try demo and you will get the rhythm.
Hope, you will understand brother.
And, within 2months next few updates will be available. I used whiteboard for visualize it so others can make note which will be helpful next time.Md. Anamul HossainParticipantAt first, you should not practice in live account right now. Because many things you will have to setup during trade. Sometimes you will miss timeframe, sometimes you will trade so many at the same time, you will need patience and practice for minimum 4-6months. At that time you will automatically know when to trade, psychologically you will build up. My advice, try demo account for 4-6months. I told this in my lectures. So don’t be so panic and hurry.
What will you need during trading:
1. Check any upcoming news and try to understand it’s impact on market.
2. Check multiple timeframe.(watch the lecture if you will need it again)
3. Select indicators- Moving average+ 1/2more indicators according your choice or you will do the best or making profit maximum times.(watch lectures-indicators and understand it and make a choice)
4. Draw support & resistance.
5. During that time check trend-line if it seems any pattern then follow it.
6. If all above, are in your favor then you will trade that currency pair. Or, if there is a 40/60confusion ratio then avoid that currency pair. Try another currency pair.
[Remember , you will never need to trade everyday. One successful trade is enough.] and market will be always changing. When maximum buyers will go in selling position then market will go also in selling position. Remember this also. I hope this will be helpful for you.February 20, 2021 at 1:42 PM in reply to: Problem in “Indicator setting on multiple timeframe” Class. #137521Md. Anamul HossainParticipantAccording to Mentioned lecture– you need to select at first “timeframe” then select” indicator” most suitable for that indicator and customize it by giving value. And watch indicator lectures. You will give idea how to trade. In doubt condition, “no need to trade”. Just wait. Follow theory from here and apply it after final setup of an indicator by giving value for H1/H4/daily/weekly.
Md. Anamul HossainParticipantGo to 13.1 indicators (resource) in this course–> you will get this title “paid indicators 1”–> download it. then unrar it with 7zip software. Here you will get a big list of indicators & MACD-2 also. but, this is again in zip format so copy it from there or drag it into your pc & it will copy. and again, unzip it with 7zip software.
Md. Anamul HossainParticipant1. Go to PC (my computer)
2. open folder– USER
3. you will get 2-3folders– Default, Public, your PC name folder. Select your PC name folder
4. AppData [this folder is always in ‘Hide’ mode. So make it visible.] So choose the “View Mode” & make it ‘UNHIDE’. [watch “Forex basic”–>Succeed With INDICATORS AND CUSTOM INDICATORS In 24 Hours]
5. Roaming>Metaquotes>Terminal>F354DCCD667FB40D8D6DE5A4406D8652 (numeric folder)>MQL4>Indicators
6. paste your any indicator in this folder.
7. re-open your “Hotforex PC software” Or, Refresh it. you will get your indicator list in “Custom” in your hotforex software.(watch the mentioned lecture to get a clear view.)
Shortcut:C:\Users\(YOUR PC NAME) \AppData\Roaming\MetaQuotes\Terminal\F354DCCD667FB40D8D6DE5A4406D8652\MQL4\Indicators
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