Is trading very difficult?

[kokorotak]

In my opinion, Forex trading is very difficult. If not, everyone will deal with this, even though many people start forex because it's a great way to get rich. But it requires a lot of patience, surviving drawdowns, risking capital, etc. This is business, and not a game. so to make it easy we need to work hard.

[sevenfold]

Hello bro. In my opinion, Forex is difficult for those who do not have enough knowledge about Forex. I think trading on forex is not too troublesome but the probability of loss is high during this trade while there is no knowledge and training expertise on a demo account is a smart tool to reduce the possibility of loss we must concentrate on training. Good pips, bro.

[ntn]

trading mien kam ker k earning kerna asan na hai magar jab hum es mien es yaqeen k sath kam kerty hien k es mienj theek say earning ho saky to pher hamain problem na ho gi or hum es mien aa ker aram say trade ker lain gay or kio bee masla na ho ga.

[lumeho]

It's not like that trading in Forex is a difficult thing. This might also be a difficult thing for traders who are still beginners in this field or who have no ideas about the market. But for traders who are experts in this field, trading is easy and they can win in maximum trade.

[sangam]

meri nazar mien trading kerna etna difficult na hai mager es mien un ko difficulty ho sakti hai jo es mien aa ker hard work na kerty hien or es mien aa ker sirf or sirf time pass kerty hien es lye hamain forex mien aa ker sirf time pass na kerna chahye bel k hamain es mien aa ker tamam cheezo per ghor kerna chhaye.

Forex trading karna to aasan hota hai lekin forex trading ki madad se income kamana aasan kaam nahi hota hai. Ham log jab apni trades ko open karte hain tab hamse kuch na kuch mistakes ho jaati hain aur hamari trading me losses aana start ho jaate hain. Is waja hse sab log yehi kehte hain ki Forex trading ko karna bahut hi difficult job hota hai. Lekin agar ham log is business me mehnat karna seekh jaate hain tab ham logon ke liye Forex trading aasan ban sakti hai.

[ntn]

meri nazar mien trading kerna etna difficult na hai mager es mien un ko difficulty ho sakti hai jo es mien aa ker hard work na kerty hien or es mien aa ker sirf or sirf time pass kerty hien es lye hamain forex mien aa ker sirf time pass na kerna chahye bel k hamain es mien aa ker tamam cheezo per ghor kerna chhaye.

[Hanif484]

Starting with the Daily Chart:
My complete focus is on the MACD Double Divergence (marked on daily chart with 2 green lines) that caused price to delve through the main supportive trendline (blue) which is a very important development to me, considering that no candle could close below it for weeks. Now it did!
I believe that the bears could have pushed price already much lower but the Hidden MACD Divergence (marked with a purple line) acted as a tiny bump on the road which delayed the bearish rally and caused an attempt to retest the recent breakout level, which IMHO shouldn't go higher than 1.2015 to keep bearish power in play.
In my thinking, a sell strategy inside a zone of 1.20 to 1.2020 with confirmation from hourly timeframe would be profitable based on daily chart.

[Hanif484]

I think you believe too that after market opening, price probably will retest lower levels first. From your chart I can see that whether it is your yellow TL or the red MA you too first will wait to see what will happen once/if price goes back to 1.1880 levels but you have the bias that it will bounce. I have similar bias. I just want to add that before price drops down the 1.1970 level might get hit quickly to kill/hunt some stops before going lower. Wishing the best on your approach.

[Hanif484]

Thanks for your input Traderview.. Imho, odds are that this whole "not moving anywhere the whole week" situation you just mentioned shows a major decision will be made on higher timeframes in coming days/weeks..

What I am focused on is 1.2010... that level +-20 pips seems to be a major resistant price level that eventually will push price back down in coming months. I don't believe it will break soon. At least not with the first retest that is coming. Again will share more about this on Sunday, just wanted to add my view based on your thoughts. Many thanks..

[Hanif484]

This euro appreciation is very bad for germany since it is export economy. This will also impact other countries by lowering investments in the whole region. The euro need more high impactful data to go beyond 1.21. It'll most likely be by end of the year. We might see pullback up to 1.17. News from some big banks indicate the euro will move above 1.20 after the ecb tapering. It will be by the december.
1 1