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BaldoN
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Is stop loss hunting real ?
in
New Traders
Sep 19, 2017 at 11:39
In theory, the market noise (to be read as big guys :)) will tend to trigger s/l close to the market price, BUT many experience scalpers are using exactly so tight stops when market allows and they enters on the market for similar targets.
what pairs do you dislike most ?
in
New Traders
Sep 19, 2017 at 11:34
Why some FX pairs should be disliked? :) I would say better to monitor few pairs and to select for trend trading and for choppy trading. For example pairs like GBP/NZD, USD/TRY and etc. are trending - then apply systems for trading in trend. Other like EUR/CHF tend to range more often and then range trading strategies would be applicable with higher rate of success :)
Best Broker for a Newbie
in
New Traders
Sep 13, 2017 at 13:04
MetaQuotes is a Cyprus based Forex trading software company. They are creating trading platforms, gateways and some back office solutions, but they are not broker :)
USDCAD
in
Experienced Traders
Sep 13, 2017 at 12:52
USD/CAD - Forming downtrend continuation model and may see test around 1.1940/60 during the next few days.
EUR/USD
in
Experienced Traders
Sep 13, 2017 at 12:49
EUR/USD - Seems the euro lost power and despite the uptrend we may see price test at 1.1910
Forex
in
General
Sep 13, 2017 at 12:41
Cannot understand yet the idea behind on that discussion :). Looks as a copy/paste quotes :)
scalping is risky ?
in
General
Sep 13, 2017 at 12:28
My 5 cents :)* Spread - good to be tight, but this is not so important as execution. With other words even if you have narrow spread, but execution is bad and always with slippage, then the spread you see does not worth nothing!* Scalping - is not more risky than long term trading, just requires proper mental attitude. The trades are lasting seconds, or minutes, but in the EOD you do not have open positions and you do not have market risk transferring overnight (what about major news came out, earthquake in zone of the currencies traded, flooding, unusual events came out ... etc.) :)
Manufacturing PMI stats
in
New Traders
Sep 05, 2017 at 09:21
Basically, if the new values are similar to previously expected, the market should not react strongly or at least reaction would be weak. This is related to all news, not just for a PMI. Better values - in general should support the national currency releasing the event, but this should not be taken as a constant as well.
EUR/GBP
in
New Traders
Sep 05, 2017 at 09:12
Looks the price may test again 0.9147/50 as the bearish sentiment prevails.
EUR/USD
in
Experienced Traders
Sep 05, 2017 at 09:05
EUR/USD - Higher lows and lower highs before the ECBs press conference... The tendency is still up (4H and Daily), but as a good moment to vise-versa for a deeper correction :)
90% are loser ..why ?
in
New Traders
Sep 05, 2017 at 08:58
For the similar reasons many new started business are also announcing the bankruptcy: Luck of: experience, clear vision, knowledge, sufficient funds and etc. No place for wondering - I believe.
Be careful with the sideway market
in
General
Sep 05, 2017 at 08:49
Sideway market could be profitable either on short term (minutes) time frames or long term trades (daily +) :)
FxPro
in
Experienced Traders
Aug 31, 2017 at 12:27
FX Pro is a Russian broker and I would not take a risk to fund account with more then 1000 EUR. :)
USD/JPY
in
Experienced Traders
Aug 31, 2017 at 12:24
USD/JPY - seems close to resistance. Still early to buy and early to sell - then will stay away :)
EUR/USD
in
Experienced Traders
Aug 31, 2017 at 12:22
EUR/USD - is near diagonal support (H4) and maybe 1.1805/15 would be great for some short term buy trades :)
EUR/GBP
in
New Traders
Aug 31, 2017 at 12:16
Breaks below 0.9160 may open the way to 0.9050, but NFP tomorrow may turn back the coin :)
Binary Options Scam Broker (Need Help!)
in
General
Aug 31, 2017 at 12:11
Most binary options brokers are not regulated, easy may open account and fund it, very difficult to withdrawal your profits from them. No regulation or controlling authority and no protection of clients funds.Bottom line: as mlawson71 and many others recommend - stay away from binary brokers at all.
Can forex trading make you rich ?
in
General
Aug 23, 2017 at 08:51
Perhaps not everybody and not far a quick rich - scheme :)
EUR/USD
in
New Traders
Aug 23, 2017 at 08:48
It depends from personality. It is stressful for someone, but proffered way of trading by someone else :)
Am new on this forum
in
New Traders
Aug 23, 2017 at 08:43
Welcome to the forum :)
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