The Philippine Dealing & Exchange Corp. (PDEx) was incorporated in to provide trading infrastructure for the fixed-income (FI) market. As a Securities and Exchange Commission (SEC)-registered FI Securities Market, PDEx operates the organized secondary market for the trading of FI securities which includes both Government and Corporate 2/5/ · A pip has an equivalent currency value which determines your actual gain or loss in monetary terms. Currency Pair – You can’t exactly do an “exchange” without having something to trade with, which is why currency is traded in pairs in Forex. Some examples Estimated Reading Time: 6 mins The Forex broker regulation in the Philippines, however, is under the coverage of the Securities and Exchange Commission (SEC). It exercises supervision and issues warnings and advisories. For example, in the regulator issued a public warning against MetisEtrade for dealing in unregistered investment products and the entity has been subject to a cease-and-desist order
Philippine Dealing Exchange - Wikipedia
Our patience is paying off. Our prediction is steadily taking its course. We are looking to open a position next week. Hopefully, price will reach the red line, which I assume to be the top. Our stop loss, near that line. We are still on our plan and still following that plan thus far. Remember: We only need to get 1 big trend to make money. But in order to make the most out of that trend, we must get into the top or the bottom of that trend.
Get into the exact turnaround of the trend, philippine dealing system forex. So we have the maximum amount of profit possible.
We risk as big as we can possibly get once we know that all our setups are right, philippine dealing system forex. What a good day to do forex trading! I just woke up this morning and quickly checked the forex charts. I know many people will tell you that you should not trade on mondays because a lot philippine dealing system forex noise going on. Probably check it once in a while. I philippine dealing system forex 3 lots of it. Why did I chose buy instead of sell?
Because there is a fight in the price with philippine dealing system forex shown by the large pin bar. Update on GBP USD Trade : Good night guys. Here is the chart now. looking good. My profit so far is:. Morning once again. And a new candle stick is forming. Its been a while since I last made a post here. Sorry for all the people who still read this blog. But forex trading will always be one of those things that I could not give up.
I always check the market, once a day. Do I trade as frequently as I used to? But I still trade when I think there is a high chance to profit. As I grow as a trader, I realize that respect for the market is more important than any other skill. It should be exactly as I want it. I guess respect and discipline comes hand in hand. I made this trade last Feb 5, philippine dealing system forex,Shorting USDCHF. a 4 hour chart using Ichimoku. I will not be day trading anymore, philippine dealing system forex.
Philippine dealing system forex you all know, I love martial arts and this year, I would like to focus on my training. And to be able to train harder, you need a lot of time to practice, philippine dealing system forex. I also love to discover new things and not just make money.
The thought of just building my nest so my money can work for me is very tempting. I plan to quit day trading forex and focus mainly on swing trading, philippine dealing system forex, that is, longer time frame. Which means, less updates on this blog as well. Being stressed out in day trading is just too taxing. The good thing about swing trading forex is I can set my position, philippine dealing system forex, set my stop loss and set my proft target.
Doing something else, means starting a new business that could possibly earn me more money. I need to do something productive while waiting for the market to move. Attend some seminars, business training or start a new business. At the end of the day, the more time you have, the more things you can do and the more money you can earn because the free time becomes a productive pursuit in making more and more cash flow for you. During the past couple of days this site was offline.
It because I was moving to a new web hosting. Made an entry to GBPUSD. This is still experimental trading strategy. Made pips so far. It has been my experience in forex trading that after consecutive winning streaks comes the losing part. Its a part of life. Shall I make a mistake and end my winning streak?
Or shall I go bankrupt this time, again? The Eurozone is still the hot topic last week. Made an insane amount of profit from Euro affected currency and correlated pairs. The only thing that we should watch out for this week is the retracement. Looking at the chart, it seems like it will retrace sooner or later and just in time for the discussion and plans on easing the problem in the Eurozone.
Fundamental and technical are holding each other up on this one and it would be pretty interesting what would happen next week. On Monday, it should be a very volatile opening day as the institutional traders will load new trades after getting back from the holiday. My recommendation: Be careful this week. As all of the Eurozone affected currency might be retracing now.
The reason for this trade is different from my usual. Making it simple. Is probably one of the most complex thing we have to discover. With a lot of indicators around, forex traders tend to think that the more indicators they have, the more money they make.
What is the difference between a forex trader with no indicators and a forex trader with indicators? The forex trader with NO indicators keeps it simple. They tend to think too much and not rely on their own philippine dealing system forex making to take a trade. This is present among new forex trader where they will try every indicators available and use philippine dealing system forex. Up to the point where they get their first loss then drop it.
A forex system will bring losses. It will bring winning trades, philippine dealing system forex. Some will have more losses than wins. It is ok. A forex trader will have emotion. But must not philippine dealing system forex affected by it. This is what makes forex trading addicting. To constantly in the roller coaster ride.
You know you are safe, but its still a death defying experience. With a profitable trading system, you know you will win but the price action still affects you. There are questions that a forex trader can ask himself before taking the trade. Before entering, after the confirmation signal. He asks:. These questions are simple. Three questions that a forex trader can answer easily. The problem lies to whether he can keep his emotion.
Psychology plays an important role. Forex trading systems work. Banks use them to earn money. But its the person using it makes it possible to NOT to work.
This is because of the rules that I applied in forex trading. I begin to think of odds and take only trades that have the highest possibility of winning and betting all that I can, to maximize my returns, philippine dealing system forex.
I do not concern myself with the temporary gyration of the market. I want to be always invested in the market to cover whatever major movement it wants to give me. But only making sure that all of them have used up and hyped up all the buyers until there are no more.
EPISODE 1 : Forex trading for beginners
, time: 1:13:29Forex Trading System | Forex Brokers Philippines | Forex Trading Philippines
Philippine Dealing Exchange Forex Brokers Worldwide Afghanistan Australia Bangladesh Brazil Bulgaria Canada China Denmark Egypt Estonia Hong Kong Hungary India Iran Japan Malaysia New Zealand Oman Pakistan Philippines Poland Qatar Russian Federation Saudi Arabia Singapore Sweden Switzerland United Arab Emirates United Kingdom United States of America Philippine Peso per US Dollar Exchange Rates: Daily Peso per US Dollar; Daily, Monthly (Average and End-of-Period)and Annual Peso per US Dollar; Daily Reference Exchange Rate Bulletin (RERB): Daily (current day) Daily (starting January ) Cross Rates: Daily Peso, US Dollar and Euro Cross Rates ; Monthly and Annual Philippine Peso Cross Rates 2/5/ · A pip has an equivalent currency value which determines your actual gain or loss in monetary terms. Currency Pair – You can’t exactly do an “exchange” without having something to trade with, which is why currency is traded in pairs in Forex. Some examples Estimated Reading Time: 6 mins
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