Hello everyone. Here are some tips. I hope can help someone. 1. Read both the books by Mark Douglas which cover trading psychology BEFORE you read or do anything else. If you don’t, I’ll say I told you so when you hit a failure barrier and don’t know w 2. Stop loss policy - you MUST have one and practice, more practice and even more practice at sticking to it. It will not be easy but it is an essential discipline to profitable trading. 3. Trading plan / system. Again, you MUST have one! Then you must practice sticking to it. Do not try and second guess or trade against your indicators - wait until they give you a concise signal before acting on it. 4. TRADE WITH THE TREND. DO NOT trade against the hourly trend of the market unless you are VERY certain the market has turned. Check this by watching a long term moving average (say 80 SMA on 15 minute chart) Have a good day ～

I work in finance. The vast majority of currency work is the following: repatriation of profits by a company. Let's say coca cola needs to repatriate their profits from Thailand to America. If the exchange rate is bad it could wipe out their profits, so their corporate treasury people will trade the currency at a price point which ！accounts for market fluctuations, tax liabilities which might arise out of changing their currency, inflation etc. This is known as currency risk. if a company needs materials or needs to buy commodities but the supplier only accepts a particular currency, then they need to acquire that cash. They usually arrange this with their financial institution.

First Time in Indian History Forex reserves touched $500 billion mark. Today India overtook Russia & Korea to become 3rd largest forex reserve holder after China and Japan as the robust foreign funds inflow amid a raging Pandemic drives the country towards a momentous Landmark.

/Event name:[Nigeria Event] Discuss Forex and Win 2500 NGN Mobile Phone Credit! /Background:EU‘s 27 members still failed to reach a consensus over the €1.85 trillion financial aid program in the latest EU video conference, leaving the matter for further discussion scheduled in mid-July. Among the scheme, the €7,50 billion economic recovery fund is much likely to be opposed by the frugal member states from Northern Europe, such as Sweden, Netherlands, Austria and Denmark. No consensus was reached within the EU Summit. How does it affect forex? Please come and join our discussion to win mobile phone credit!   /Event period:2020/07/09 6:00~2020/07/17 0:00 （West Africa Time , UTC +1） /How to participate:1.Search WikiFX on Google Play or App Store 2.After downloading, please register as a new user. Search “Nigeria Event” at the “Wiki Forum” section or find the event post ‘[Nigeria Event] Discuss Forex and Win 2500 NGN Mobile Phone Credit!’ at the top trending searches. Leave a comment below the post that includes "How does that no consensus was reached within the EU Summit affect forex" + “Your email address”, and you will be eligible for the prize draw!   /Event prize:Number of comments is below 120; ₦1,500 mobile phone credit; Number of winners: 20. Number of comments is above 120; ₦2,000 mobile phone credit; Number of winners: 30. Number of comments is above 250; ₦2,500 mobile phone credit; Number of winners: 50. Number of comments is above 700; ₦5,000 mobile phone credit; Number of winners: 150.   /Prize draw rules:After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total number of comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the number of comments posted.   /Winner notification and prize collection:The list of winners will be released on 2020/07/17 on: WikiFX Facebook Fan Page (https://www.facebook.com/WikiFX.ng );and WikiFX staff will contact the winners about prize collection from the announcement date to 2020/07/24 Please reply to the notice via email within 7 days and include the following information: WikiFX user name, contact number and mobile carrier. Failure to reply within due time will be deemed as relinquishment to the benefit of the prize, and WikiFX will not further notify the winner or again release the prize. More details on：WikiFX.NG Facebook Fan Page

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* This online event is limited to users in the UK.* The fading prospect of an extension to the post-Brexit transition period, and the risk of supply chain disruption at the start of 2021, cast a cloud over the GBP outlook. Brexit is back in the spotlight this month as the UK and EU sit down for another round of virtual talks. But there’s little to suggest we should expect any real progress, and that’s one reason why we’ve seen some risk premium creep back into the pound. So, how does Brexit affect the GBP? Come and talk freely with us to win cash rewards! B/ Date：2020/06/18 6:00:00~2020/06/24 0:00:00 (GMT+1) C/ How to participate? Step 1: Search for ‘WiKiFX’ on App Store or Google Play to download WikiFX APP, or you can also click this link： https://jump.wikifx.com/12BE66279E0CC339 Step 2: Sigh up to become our member (it’s free). Step 3: Enter the【Wiki Forum】 page and search ‘Bonus event’, click to post [Bonus event]How Does Brexit Affect the GBP? Step 4: Leave your comments and add your email address below. D/ Reward rules The first 40 users who send valid replies can get a £10 cash bonus E/ Lottery rules During the event, all participant supposed to have only one chance to draw. Repeat message is invalid. F/ Announcement Arrangement The list of winners will be announced on WikiFX Facebook Fan Page (https://www.facebook.com/WikiFX.UK) on the next seven days of the end of event. And from the announcement date (7 business days after the end date), WikiFX team will contact the winners. Winners are requested to send back their "WikiFX registered user name, PayPal account" by email within 7 business days after receiving the notification. If no reply is made within the time limit, it is deemed to be automatically waived and lose the award qualification, WikiFX will not make any further notice and will not release the lottery quota again. Check more details in images below:

Please ask yourself the following two questions before making any futher investment: 1.When your investment is profiting, you tend to: A.Stick to it for even larger profits. B.Cash it and move on to the next investment. 2.When your investment is losing money, you tend to: A.Continue to hold the asset until it starts to break-even or making profit. B.Stop loss and accept it. Then plan for next step. Answer: If you choose: 1A2A: Patient Investor 1A2B: Value investor 1B2A: immature investor 1B2B: Short-term investor And Just one step to know the best investment strategy for you: Click ‘Open in App’ & Click the image below to see the corresponding investment strategy; To win up to $40 Cash: Click ‘Open in App’ & leave a comment below the post that includes "Your comment about the influence of FOMC Meeting on forex” + “Your email address ". Date：2020/06/12 06:00:00~2020/06/22 06:00:00 (GMT-5) Click image below for more details.

B/ Background: With a partially contained COVID-19 in the world, the recent regional riots bring a more volatile global economy, especially a severe effect on the forex market. So everyone is welcome to join us and talk about the recent and future trend toward forex market to win more mobile phone credit! C/ Event period: 2020/06/11 9:00:00~2020/06/18 0:00:00（West Africa Time , UTC +1） D/ How to participate: 1.Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://bit.ly/WikiFXApp2 2.Search “Nigeria event” at the “Wiki Forum” section or find the activity post - [Nigeria Event-June]Discuss and win 2500 Naira Mobile Phone Credit! at the list of top posts. During the event, participants can have one chance to win the reward after signing up per day at the event post and answer one of the questions below. Questions: Question 1: What’s the influence of FOMC Meeting on forex? Question 2: What’s the trend of Precious Metal? Question 3: What’s the influence of the second round of EU-UK trade negotiations on forex? Question 4: What’s the influence of Post-lockdown Oil Cuts on forex? Question 5: What’s the influence of changes in job market on forex? And each participant still can get the chance per day by answering the questions you are interested if he or she has answered all the questions in the first day. Each participant will have up to 8 chances to win the reward during the event, only one chance per day, come to sign up and answer the daily questions for more chances to win the reward! E/ Event prize: Number of unique participants is below 120; ₦2,500 mobile phone credit; Number of winners: 20 Number of unique participants is above 120; ₦2,500 mobile phone credit; Number of winners: 30 Number of unique participants is above 250; ₦2,500 mobile phone credit; Number of winners: 50 Number of unique participants is above 500; ₦5,000 mobile phone credit; Number of winners: 100 F/ Prize draw rules: After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total number of unique participants during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the number of comments posted. Check more rules in photo album.

As BORIS Johnson has announced the three-phase to ease covid-19 lockdown in all parts of British, we are hoping to see everything get back to normal. For accelerating Britain forex recovery, WIKIFX has been preparing to serve traders better with our professional forex resources. Now HERE WE ARE. We are holding a online award-winning survey, the only thing you need to do is finishing our easy forex questionnaire, and you will get the chance to win up to ￡30 cash awards! B/ Date：2020/06/05 10:00:00~2020/06/11 10:00:00 (GMT+1) C/ How to participate? Step 1: Search for ‘WiKiFX’ on App Store or Google Play to download WikiFX APP, or you can also click this link https://go.onelink.me/app/WikiFXGooglePlay2 Step 2: Sigh up to become our member (it’ s free). Step 3: Entry 【Wiki Forum】 page and search ‘UK Event’, click to post [UK Event]Answer questions to win up to ￡30 cash！ Step 4: Comment with answers to following questions:「where do you usually get the forex news?」+「Besides regulator，what will you pay attention to when choosing a broker?」+「what dissatisfying experience do you have when using WikiFX App?」+「What is your email account?」to win the chance to enjoy the awards in the lottery pool！ All questions should be answered in order to participate this event. After our team review your contents, we will be shortly with you, you will receive cash in your PayPal account. D/ Reward rules Less than 80 valid answers: ￡10 Cash ea. for 20 users More than 80 valid answers: ￡20 Cash ea.for 30 users More than 150 valid answers: ￡20 Cash ea.for 40 users More than 400 vaild answers: ￡30 Cash for ea. 100 users E/ Lottery rules After the event, a number of winners will be drawn from the list of eligible participants. During the event, all participant supposed to have only one chance to draw. Repeat message is invalid. Check more rules in photo album

Stockpiles of U.S. crude fell unexpectedly in the latest week, the Energy Information Administration said Thursday. Oil inventories dropped by 2.1 million barrels for the week ended May 29, the EIA said. That compared with expectations for a rise of about 3 million barrels, according to forecasts compiled by Investing.com.

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Background: 　　Affected by the COVID-19, most of economic activities in Nigeria still have had temporary shutdown, which makes the majority of Nigerians life even harder. WikiFX is always with you, and if you come to the event and leave your opinions bout the influence of the shutdown on forex market, you will have chance to get the 2,500-naira phone credit from WikiFX, as subsidy for the followers of WikiFX Facebook Fun Page. 　　Event period: 　　2020/05/14 08:00:00~2020/05/21 08:00:00 （West Africa Time , UTC +1） 　　How to participate: 　　1.Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://bit.ly/WikiFXApp2　 　　2.After downloading, please register as a new user. 　　Search “subsidy” at the “Wiki Forum” section or find the event post [Nigeria Subsidy Event]You have 2,500-naira mobile phone credit from WikiFX for coronavirus subsidy at the top trending searches. Leave a comment below the post that includes “The influence of economic activities shutdown on forex market” + “Your email address”, and you will be eligible for the prize draw! 　　Event prize: 　　Number of comments is below 120; ₦2,500 mobile phone credit; Number of winners: 20 　　Number of comments is above 120; ₦2,500 mobile phone credit; Number of winners: 30 　　Number of comments is above 250; ₦2,500 mobile phone credit; Number of winners: 50 　　Number of comments is above 500; ₦2,500 mobile phone credit; Number of winners: 100 　　Prize drawrules: 　　After the event, winners will be drawn from the list of eligible users.(the number of winners depends on the total number of comments during the event) It should be noted that each user account is eligible for one entry of the draw, regardless of the number of comments posted. Check more rules in photo album.

Click Button below to write a comment about your question to get feedback from Forex KOLs/Gurus Now! (Limited chances to be answered.) [Giveaway Event]Leave a comment below the post that includes "Your comment” + “Your email address ", and we will send you the following prizes by email(support@wikifx.com)! -WikiFX Magazine May (digital version) -6-month WikiFX VIP worth of US$9 Prize description: WikiFX Magazine May (digital version), which covers the global forex market trends amid the coronavirus pandemic. WikiFX VIP privileges: 1.to search for forex brokers without limitation; 2. to appraise the trading software server of brokers; 3. to have access to the Relationship Genealogy of brokers Remarks: Participant needs to download the WikiFX APP and register as a member before leaving the comment;You can search “Q&A” at WikiFX Forum(as the second image below shows, click to enter) to find the post. Thanks for your time! If you wanna know more information about Forex Dynamics from KOLs/Gurus, brokers and forex market, please pay close attention to the WikiFX APP!

Just one step to know the best investment strategy for you! Click the first image below to see the corresponding investment strategy based on investor’s personality, and then read it in detail on the right; [Giveaway Event]Leave a comment below the post that includes "Your comment” + “Your email address ", and we will send you the following prizes by email(support@wikifx.com)! -WikiFX Magazine May (digital version) -6-month WikiFX VIP worth of US$9 Prize description: WikiFX Magazine May (digital version), which covers the global forex market trends amid the coronavirus pandemic. WikiFX VIP privileges: 1.to search for forex brokers without limitation; 2. to appraise the trading software server of brokers; 3. to have access to the Relationship Genealogy of brokers Remarks: Participant needs to download the WikiFX APP and register as a member before leaving the comment;You can search “Personality” at WikiFX Forum(as the second image below shows, click to enter) to find the post. Thanks for your time! If you wanna know more information about interesting tests for investor’s personality, brokers and forex market, please pay close attention to the WikiFX APP!

1. Event name: 　　[For USA]We Want You! Reward USD50/article on oil Price to fight against coronavirus! - Labor Day Event. 　　2. Eventbackground: 　　To cope with the pandemic of COVID 19, many countries has lockdown and imposed extremely strict control of tour and human interaction; leading to the huge suppression of crude oil demand with the collapse of oil price to the lowest point in this 20 years. Russia and Saudi Arabia, the largest producer of oil in OPEC, has started the price war which makes the issues more complicated. With the collapse of oil price, do you think the reduction of supply is an effective way to offset the decreasing demand caused by pandemic？ How the oil price will affect the global forex market？ This is the time for you! Those who can submit their forecasts or comments on crude oil price in affecting global forex market will be rewarded. No matter you are amateur or professional, lets join the campaign, win the prize and seize massive exposure opportunities in social media channels and WikiFX. 　　3.Event Time 　　2020/04/30 0:00:00~2020/05/14 23:59:59 （UTC-5） 　　4. How to participate: 　　Search “WikiFX” in Google Play or App Store to download; or, click below link directly: https://bit.ly/WikiFXApp2 　　b. After downloading, please register as a new user. 　　Click into the WikiFX Forum section 　　and search with keyword “For US” to reach the event post“ [For US]We Want You!Reward $50/article on oil Price to fight against coronavirus! - Labor Day Event” and read the rules of the event. 　　Make a new post with topic“American Rising Star+Title”in WikiForum section. The post should contain your comment / forecast about crude oil price impact on global forex market+ your email address. Then you will have a chance to win the Google Play / App Store gift card as the prizes. Your post will also been shared by WikiFX and maximize exposure opportunities. The post should follow the above-mentioned requirements; or it is invalid. 　　If you want to win the prize but not writing a post, we give another alternative for you. You can share this event post to your own social media platforms and screencap the shared post to us. You are eligible to join the lucky draw campaign with the prize of free subscription of WikiFX online magazine and WikiFX VIP membership. The shared post should be kept until the campaign ended; or it is deemed as exit the campaign voluntarily. 　　5. Prizes 　　The Most Outstanding Post (3 winners) – i/ Google Play OR App Store Gift Card worth USD$50; ii/ WikiFX will share and pin the post in our social media channels for at least 3 days; 　　The Best Post (100 winners) – i/ Free subscription of WikiFX online magazine (May issue) and WikiFX membership (worth US$9) 　　Sharing Prize (30 winners) – WikiFX online magazine (May issue) Check More rules in photo album.

The COVID-19 pandemic curbs the oil demand, which has shrunk due to the global lockdown measures and travel restrictions in response to the spread of coronavirus. Global oil price is at its lowest level in nearly 20 years. The price war between Saudi Arabia, OPEC’s largest member and Russia, non-OPEC member, brought a complicated oil crisis. Under the circumstance that oil price drops continuously, do you think the reduction of production will offset the bad effect of oil demand caused by coronavirus? How dose the future oil price affect forex market? Leave your comment to win exquisite prizes！   Event period: April 22, 2020 12:00:00~April 28, 2020 23:59:59（West Africa Time , UTC +1）   How to participate: 1. Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://bit.ly/WikiFXApp2   2. After downloading, please register as a new user. Search “Comment Oil” at the “Wiki Forum” section and find the activity post [For Nigeria]Comment&Win! Comment Oil Price in WikiFX Forum to Share Up to ₦100,000 Mobile Phone Credit!at the top. Leave a comment below the post that includes "your comment on global oil price’s effect on Forex" + Your email address ", and you will be eligible for the prize draw!   Event prize: If Number of Comments is below 120,₦ 1,000 Mobile Phone Credit; number of winners: 30 If Number of Comments is above 120,₦ 1,000 Mobile Phone Credit; number of winners: 40 If Number of Comments is above 250,₦ 1,000 Mobile Phone Credit; number of winners: 50 If Number of Comments is above 500,₦ 1,000 Mobile Phone Credit; number of winners: 100   Conduct of prize draw After the event, winners will be drawn from the list of eligible users(depending on the Number of Comments). It should be noted that each user account is eligible for one entry of the draw, regardless of the number of comments posted. P.S More rules to check in photo album

 1. Introduction: WikiFX is grateful to all the users for the support and tolerance amid the release of WikiFX’s new function- WikiFX Forum! In order to better serve users and provide rich forex information for them, we will hold series of activities to collect more valuable suggestions on WikiFX App. Suggestions include only user’s experience and opinion on WikiFX App, as well as the existing problems of the App, such as BUG etc.. And we will consider and evaluate seriously all the App-related issues.   2. Period: April 17th, 2020 08: 00: 00 ~ April 23th, 2020 23:59:59 (West Africa Time , UTC +1) 3. How to participate: a. Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://bit.ly/WikiFXAppNG After downloading, please register as a new user. Click into the Wiki Forum section and find the activity post [For Nigeria]Review WikiFX &Win WikiFX VIP Worth Up to ₦5380!. Leave a comment below the post that includes "your experience and opinion on WikiFX APP, as well as the existing problems of the App, such as BUG etc.. " + "your valid email address" and you will be eligible for this prize activity. And If your comment does not meet the above requirements, it will be regarded as invalid one. b. If you don't feel like commenting or want to get bonus gifts, you can also share the event to your social media homepage and send WikiFX a screenshot to participate in this prize-giving activity! Please note that you need to keep the shared content on your social media page until activity ends; if you remove the post during activity, you'll no longer be eligible for participation.   4. Prizes Best Suggestion: ₦5380 worth of WikiFX VIP (12 months), 1 Winner Good Suggestion: ₦3465 worth of WikiFX VIP (6 months), 7 Winners Sharing: ₦3465 worth of WikiFX VIP (6 months), 5 Winners  p.s Check more important event rules in photo album.

1. Activity name: Win WikiFX VIP Worth Up to $13.99! Comment COVID-19 Topic in WikiFX App or Share Post to Your Facebook Page 2. Activity background: Over the past month, the coronavirus (COVID-19) outbreak has spread around the world, causing turmoil in financial markets. In addition to the plunge in major stock markets, the bond and forex markets also fluctuated significantly. What are your unique insights about the current and future forex market trends? Come join us in sharing your views on market outlook and win WikiFX VIP membership! 3.Activity period: April 15th, 2020 0: 00: 00 ~ April 21th, 23:59:59 (EST: UTC-5) 4.How to participate: a. Search WikiFX on Google Play or App Store, or download WikiFX App through the following link: https://bit.ly/WikiFXAppUS b. After downloading, please register as a new user. Click into the Wiki Fair section and find the activity post "Win WikiFX VIP Worth Up to $13.99! Comment COVID-19 Topic in WikiFX App or Share Post to Your Facebook Page". Leave a comment below the post that includes "your opinion on the forex market trend" + "your valid email address" and you will be eligible for this prize activity. c. If you don't feel like commenting or want to get bonus gifts, you can also share the event to your social media homepage and send WikiFX a screenshot to participate in this prize activity! Please note that you need to keep the shared content on your social media page until activity ends; if you remove the post during activity, you'll no longer be eligible for participation. (Check more details at 1st comments) within the scope of this activity.

1. Activity name: Win WikiFX VIP Worth Up to $13.99! Comment COVID-19 Topic in WikiFX App or Share Post to Your Facebook Page 2. Activity background: Over the past month, the coronavirus (COVID-19) outbreak has spread around the world, causing turmoil in financial markets. In addition to the plunge in major stock markets, the bond and forex markets also fluctuated significantly. What are your unique insights about the current and future forex market trends? Come join us in sharing your views on market outlook and win WikiFX VIP membership! 3.Activity period: April 15th, 2020 0: 00: 00 ~ April 21th, 23:59:59 (EST: UTC+8) 4.How to participate: (Check more details at 1st comment)

Otoritas Jasa Keuangan (OJK) memastikan akan terus memantau perkembangan pasar dan secara proaktif meninjau serangkaian kebijakan yang berlaku untuk menjaga Pasar Modal Indonesia tetap beroperasi. Upaya di tengah volatilitas pasar yang dipenuhi ketidakpastian akibat pandemi Virus Corona atau Covid-19. Langkah ini dilakukan bersama dengan Self-Regulatory Organization (SRO) pasar modal di Indonesia, yaitu PT Bursa Efek Indonesia (BEI), PT Klliring Penjaminan Efek Indonesia(KPEI), dan PT Kustodian Sentral Efek Indonesia (KSEI). "OJK dan SRO juga akan terus mengupayakan keberlangsungan aktivitas perdagangan bursa efek yang teratur, wajar dan efisien, dan layanan pasar modal kepada seluruh stakeholders," ujar Deputi Komisioner Humas dan Logistik, Anto Prabowo dalam keterangannya, Senin