Another day for forex Traders | Bitcointalksearch.org

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: Ziskinberg on August 06, 2021, 06:23:13 PM

Okay, let these forex traders make some fun because I just stick to crypto trading no matter what. And besides, we can't assure that we can make money in there, it is just the same as what we might get from crypto. We lose and gain, that's all we possibly got. And as I was more engaged in the crypto space, it helps me to understand.

Honestly, I didn't have the interest in there, I'm already comfortable in crypto trading, that's it.

indeed crypto is more profitable than forex so you better stick to it.. Cheesy

to be honest even me i don't have any experience with forex because it seems the similarities of crypto and forex is that both are very risky, but when it comes the potential of profits that will be made is the only difference .. Wherein i totally agreed that they are both active 24/7 but the advantages of crypto is higher than forex.. And ever since before i never seen any user of forex that become millioner because of trading unlike crypto. Grin

Ziskinberg

hero member

Activity: 3010

Merit: 666

Okay, let these forex traders make some fun because I just stick to crypto trading no matter what. And besides, we can't assure that we can make money in there, it is just the same as what we might get from crypto. We lose and gain, that's all we possibly got. And as I was more engaged in the crypto space, it helps me to understand.

Honestly, I didn't have the interest in there, I'm already comfortable in crypto trading, that's it.

leea-1334

hero member

Activity: 2338

Merit: 953

Temporary forum vacation

Quote from: Zilon on August 06, 2021, 01:03:27 AM

Every first Friday happens to be a special day for traders who shuffle between crypto trading and forex trading. And those who trade the forex patiently wait for this day. Many trade once a month specifically on this day with the news gotten from NFP released from the US.

How ready are you the market analyst because it's another day to move with the spikes and earn massively a good day to recover the losses you have had on your trades, a day to makeup for the bad trades and a day to build back your account.

Let's gather here and catch the fun while we patiently wait for 8:30am EST. Let the pips buy the bear today.

Strange for me to only hear about this for the first time actually:) I mean, I have been active before in both circles but the most I knew was stablecoin traders or even derivatives ones for who Friday was a really good time to try and scalp.

Nice to see pip traders in crypto actually, the OG scalpers;)

DibiaVxosis

member

Activity: 187

Merit: 10

I wasn't that familiar with forest trade, I got to know about this Non Farm Pay roll (NFP) just of recent, and I have been trading crypto for more than a year without knowing about the news so I guess it doesn't apply or has an effect on the crypto, it just forest related terms, am I right? If am wrong please do well to correct because my focus has been just on crypto trading and I lack knowledge on any trading outside crypto trade.

Celin Kai

newbie

Activity: 14

Merit: 1

I have never traded foreign exchange, so I have no feelings about the foreign exchange trading day.

I am a new member of cryptocurrency, and I am used to short operations. I will pay attention to price movements in some things, such as Friday, and I will care about price movements after 8pm. He can let me know about the price movement on rest days. Make a rough judgment when the price moves in two days (please ignore the judgment success rate).

If the price trend is very strong after 8 o'clock, I will judge that the price will rise on the two days of the rest day, and vice versa.

Mpamaegbu

legendary

Activity: 2716

Merit: 1225

Once a man, twice a child!

Quote from: Zilon on August 06, 2021, 01:03:27 AM

Every first Friday happens to be a special day for traders who shuffle between crypto trading and forex trading. And those who trade the forex patiently wait for this day. Many trade once a month specifically on this day with the news gotten from NFP released from the US.

Non Farm Payroll - NFP, used to be a scary thing in the past but not anymore. In fact, we used to feel the impact of NFP from the Thursday that preceded the Friday. Few hours to the release of the news, one would feel the market drag with low trade activities as a lot of traders would stay off trades. There were traders who lived for that Friday, and only traded once in a month because of the long candles and pips they would get from a few hours of trading because of the impact of the NFP news. This day, the market hardly moves that much.

Quote from: Zilon on August 06, 2021, 01:03:27 AM

How ready are you the market analyst because it's another day to move with the spikes and earn massively a good day to recover the losses you have had on your trades, a day to makeup for the bad trades and a day to build back your account.

Nothing guarantees that traders will make profit off the NFP except they actually know how to trade the news. Accounts get burnt on this day for those who don't know how to trade it. It's impact is usually marked as high.

Zilon

sr. member

Activity: 966

Merit: 421

Bitcoindata.science

Every first Friday happens to be a special day for traders who shuffle between crypto trading and forex trading. And those who trade the forex patiently wait for this day. Many trade once a month specifically on this day with the news gotten from NFP released from the US.

How ready are you the market analyst because it's another day to move with the spikes and earn massively a good day to recover the losses you have had on your trades, a day to makeup for the bad trades and a day to build back your account.

Let's gather here and catch the fun while we patiently wait for 8:30am EST. Let the pips buy the bear today.

Topic: Another day for forex Traders (Read 101 times)