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USD/JPY
in
Experienced Traders
May 02, 2017 at 10:15
USD/JPY - it seems inverted H&S formation on 4H. I would expect USD rising up to 112.65/75 shortly.
Best pair for martingale
in
Experienced Traders
Apr 28, 2017 at 14:23
If it just for testing purposes - seems OK with such details with Instaforex.I would say good luck and if all is going OK and you reach the phase to open larger orders, I would advise you to change the broker 😉
ROBOT
in
New Traders
Apr 28, 2017 at 14:19
Hi,I believe on such question, no one will reply :). Perhaps if you share a bit more details someone could help you. For example: do you looking for something specific or you need anything or just you are curious, because the number EAs and names is really huge :)
Broker ECN (low spread) Cents account.
in
General
Apr 28, 2017 at 14:08
I do not believe you will find such a broker :)ECN broker - sure, broker offering cent account - why not, but ECN broker to offer cent accounts looks a bit incredible. Just choose one of the options :)
Best pair for martingale
in
Experienced Traders
Apr 27, 2017 at 13:42
Hello,I cannot say I like Martingale style, but still a few points from my side:* I think the account sizes of 500 USD and even 900 USD are not enough to sustain larger movement* EUR/CHF and EUR/GBP looks good, but the rest not sure whether will not surplice you unless you trade summer ranges.* The market is changing its behavior, so stated in paragraph 2 from you (last sentences) may happen often and account of 100 USD cannot sustain long.
Is stop loss hunting real ?
in
New Traders
Apr 27, 2017 at 13:29
It is possible or even I would say it is something usual to have different price then requested or so called slippage or price adjustment, which could be negative in most cases, but is it possible to be positive as well. Nevertheless if your idea is to hide the S/L and/or T/P levels from your broker, this should not be an issue.
4-digit quote broker
in
General
Apr 27, 2017 at 13:21
Hello,I would not connect in one sentences "good" and "4 digit quotes broker"... 😄
USD/JPY
in
Experienced Traders
Apr 26, 2017 at 10:31
USD/JPY - The pair reject resistance around 111.50 and rebound from that levels giving a sign for possible decline towards 110.80/85.
USDCAD
in
Experienced Traders
Apr 26, 2017 at 10:18
USD/CAD - The pair is making Head and Shoulders formation, but it is not confirmed yet. Perhaps break below 1.3552 may open the way for some intraday shorts sells :)
Is stop loss hunting real ?
in
New Traders
Apr 26, 2017 at 10:15
Hello,Stop loss hunting is a kind of tactic applicable from market makers brokers, because they are the opposite side of your trades. They are doing this, because your profit is their loss and in opposite. In some particular moments, they may wide the spread (bid or ask or both), when orders with solid loss are near the market price in order to trigger them and to take the traders money. They count also on this, that if you take 10 brokers, they might show on the same FX pair different prices due to different data feed suppliers, or trading spots from where they are getting feed and execution...
Pip Calculator question
in
General
Apr 25, 2017 at 12:27
It is depends from the way of your trade style, time frames, desired targets and risk. Targets could be set under many different trading conditions. For example: around technical levels, based on indicator, based on percent of equity, or percent of balance, or fixed amount as money or pips and more. :)
USD/JPY
in
Experienced Traders
Apr 25, 2017 at 12:19
USD/JPY - The pair shows some good potential for rising in short term. Most likely we may see test around 110.80/90 shortly.
EUR/USD
in
New Traders
Apr 25, 2017 at 12:13
EUR/USD - So far the zone around 1.0900/10 would serve as a resistance. I expect to have test there and most likely the price will bounced from the resistance. In case of break over 1.0920/30 , then a quick movement to 1.0980/90 would be expected.
South Sudan financial state
in
New Traders
Apr 24, 2017 at 13:50
Whatever are thoughts, they will not help at all and only acts from the people there needs to be taken.In such poor and far away from the world country, the companies will even not take all measures to keep the environment in order to maximize their profits, because they count on that that "the king is a cash" and they have it, but the Sudan government and the population doesn't. They just enter, take what they can and when leaves all is staying in ruins. But, this is not surprising .... and most likely will not be changed ...
Dollar for being "too strong"
in
General
Apr 24, 2017 at 13:38
The EUR has been supported by the France elections and the result that for the moment Le Pen will not receive majority and the France Exit scenario weakening for the moment. Runoff on May 7 will came up with final result, so then we might see another market shaking :)At ChenLipKeong - that is great that you use the technical analysis, just have in mind that the fundament leads the technique 😉
New in forex trading
in
New Traders
Apr 24, 2017 at 13:28
Hello wleverts,I believe there are a lot of information in the forum in terms of books for reading, tips, advises - just would be better to make a small research :) For example - just the next topic "Classic books about forex" may guide you in the beginning to create solid base for the beginning et least. :)
NZD/JPY thoughts?
in
Experienced Traders
Apr 21, 2017 at 10:04
Hello,My opinion is: On 4H and Daily chart the tendency is for downtrend and most likely the price will continue to move down, because there is no signal yet to show that the decline is ending. It looks early for entering in long positions (just perhaps for scalps only).
USDCAD
in
Experienced Traders
Apr 21, 2017 at 09:56
USD/CAD - is just above the 1.3450 support. Most likely the price will rebound and slightly to move for test on the around 1.3500.
EUR/USD
in
New Traders
Apr 21, 2017 at 09:52
EUR/USD - It seems Head and Shoulders technical formation on 1H chart, but having in mind that this is the last trading day before the elections in France, most likely this market will be really volatile especially after US opening. The general question is: which direction EUR/USD will go? More clearance - after the results from elections :)
GBPJPY
in
Experienced Traders
Apr 20, 2017 at 11:02
GBP/JPY - Strong GBP rising with about 450 points during the last few days without any serious correction gives some signs that some profit taking may came today or tomorrow and we may see movement in favor of the JPY and test in the zone 139.00.
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