BenNathanFX's Posts - Page 6

FXCM? in Experienced Traders Apr 07, 2015 at 08:57

They are fine, but best suited to day traders, or long term traders, not scalpers - they experience higher slippage than most other live account brokers i have tried when things get volatile.B

What indicator you use for scalping? in New Traders Apr 07, 2015 at 08:54

No indicators needed, just knowledge....To make my point....Can an indicator tell you that the AUD is strong today following the fact that RBA kept rates on hold when the markets expected a cut...?and that the USD is weak because last weeks poor data and bad NFP figures have now caused the market to expect the FED to keep rates on hold a lot longer than expected, and that therefore the AUDUSD is a great pair to scalp up?Nope.....Fundamentals are what drives the market - use those as your indicator and the pips will flow..... Trading without a basic fundamental outlook is basically gambling on ...

Risk and Rewards in Experienced Traders Apr 07, 2015 at 07:48

Blatant Scam - unverified results can never EVER be trusted..... anyone with decent results takes pride in making sure the account is verified - This is quite obviously fabricated.

Is there such a thing as an honest broker in General Apr 07, 2015 at 07:42

There are some scammy brokers, but as long as you go for a heavily regulated broker then there's no reason to be suspicious. Also - no broker CEO would personally converse with a client unless a) he is a one man band broker, or b) the client is investing hundreds of millions!Hope you get sorted ok.

AUDUSD - Time to buy it? in General Apr 07, 2015 at 07:40

Well last night I made 2% on the Rate News and ive also scalped another 10 pips this morning LONG on the AUDUSD. I thought id write a little blog on the fundamental reasons behind the strength of this pair.http://thedailyscalper.com/blog/blog/scalping-pair-to-watch-audusd*Note - the blog is ad free

DEMO ACCOUNT vs LIVE ACCOUNT in New Traders Mar 27, 2015 at 10:06

The simple reason behind why no EA can ever make a profit forever is simple.... NO EA can do the one thing critical for sustained income... and that's be aware of market conditions and the actual DRIVING FORCE behind the moves, therefore they will work for a period of time when the market is acting in a certain way but ultimately when the fundamentals and the markets change, the EA has no knowlege of this and carries on trading regardless and then ends up failing...

DEMO ACCOUNT vs LIVE ACCOUNT in New Traders Mar 25, 2015 at 15:12

Yep total scam!Well for Newbies here's what a GENUINE account should look like: http://www.myfxbook.com/members/BenNathanFTA/wwwfxnewstradercouk-daily-trade-alerts-live/1172397So you should have 2 green ticks at the top! Anything non verified - or demo - avoid in my opinion....Also dont get fooled by thinking you can just jump on to someone elses system and be done with it - take the time to learn, and take the time to find those willing to teach.....And in terms of Real Vs Demo - Real is a very different bag altogether... in theory it shouldn't be but in reality is is... HOWEVER, som...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Mar 25, 2015 at 15:11

LISTEN TO THIS GUY!!!!!If you think you can make a solid living by trading a 10k account and making a few k a month then you need to find a new career i'm afraid...

is it possible to turn $100 to $1000 in 4 weeks ? (real account) in New Traders Mar 25, 2015 at 15:11

Frabz - Scam, he is plaguing forums with this non verified rubbish.

Forex Lesson – What are Fundamentals and how do they Affect the Market? in Experienced Traders Mar 24, 2015 at 21:49

I prepared a video lesson to cover 3 important factors relating to Forex fundamentals. What does it mean to be Hawkish or DovishSentiment Vs Fundamentals – When to trade one over the other.and the MAIN subject: What is the driving force behind interest rate hikes and cuts, and how does it affect economyLink: https://youtu.be/aokNsNJtp2kNote: its an ad free vid, i.e. no referrals to services or products of any kind.Enjoy

FULL FUNDAMENTAL ANALYSIS for W/c 23rd March 2015 in Experienced Traders Mar 24, 2015 at 21:49

Here is this weeks full fundamental analysis which should help traders prep up:The FOMC finally dropped their "patient" phrasing from their press release last week but were slightly more dovish than expected when they said that they want to see improvements to inflation and also unemployment data before lifting rates. This did allow the EUR and GBP to spike in benefit to the dovish tones. Market analysts do still expect that we will see a hike this year which could happen as early as July. The SNB Kept rates on hold so the CHF strengthened - this was in light of the fact that the SNB...

Forex Analysis for W/C 9th March 2015 (Fundamentals) in Experienced Traders Mar 13, 2015 at 11:45

So many people fail to see the importance of fundamentals..... My weekly videos are aimed to raise awareness and to help fellow traders.The key currencies leading into this weak are a strong USD following yet another great NFP figure which has brought the expectations of a rate hike forward.The EURO is also weakened as the ECB did admit that even though the QE programe is set to run though 2016, Inflation will not even be at target until 2017, so it is likely that they will have to extend QE. Also the Eurogroup/Greece situation is still not fully resolved so the EURO is very WEAK!This week we ...

Avoid a scam called: SCALPING !!! in General Mar 10, 2015 at 12:30

The reality is Scalping will work for some and wont for others..... It depends on your time constraints and focus - and also the methods you apply of course.... just be aware that some brokers do NOT like scalpers - the simple thing to do is call your broker and ask them if they are "Scalper" friendly ...

Mt4 EA Coder wanted for a very small job in Programming Mar 09, 2015 at 14:25

Hi there, I want a simple EA coding asap and would welcome your best price via email along with how quickly you can get the work done.Email me via myfxbook or at [email protected] with your best price and timescale for the EA. I have attached the specification. ThanksBen Natyan

Avoid a scam called: SCALPING !!! in General Mar 09, 2015 at 14:18

Scalping can be lucrative but it requires intense focus and you must scalp in line with fundamentals - otherwise youll lose out . you also need a system that accounts for things such as slippage and spread.

EUR/USD in Experienced Traders Mar 06, 2015 at 15:36

https://forexmentor.adobeconnect.com/p30vv61rd2p/Well the EURUSD dropped as per expectations - heres the analysis that I did at 8:30 this morning - 100 pips on the EURUSD sell! One word: FUNDAMENTALS! Forget R1 / S1 and all that rubbish and just make sure you know whats going on fundmentally and its much easiar - anyway hopefully that helps. Ps theres absolutely no marketing at all in the link - its pure analysis that was done about 5 hours before the NFP which included a trade set up - I hope that people can learn from the style of the analysis and how simple it is to just follow the fundamen...

Risk and Rewards in Experienced Traders Mar 06, 2015 at 15:19

Very true - trade management is key but you need that innitial controlled risk when ordering in and trading - imagine being in the shoes of those people in the CHF when the SNB removed the floor if they hadnt got good risk measures in place in terms of low risk sls etc etcI know many who lost their entire life savings in 10 seconds when it happened due to no risk control. Great comments ALfred :)

EUR/USD in Experienced Traders Mar 06, 2015 at 15:19

Maybe so - its also pivotal for the USD - if we get another good month of readings and positive wage growth that will push forward rate hike expectations for the fed and the EUR will flop even further.... Draghi while upbeat in yesterdays ECB release made it pretty clear that while the outlook isnt as BAD its still bad and they wont even get to inflation targets by 2017 - i think we are a way off the turning point and even if we do have some upside moves, the USD is way stronger and will muscle it back down in the longer term...

How to increase trading skills ? in New Traders Mar 03, 2015 at 09:56

Very good advice there! I would suggest you read "Trading in the Zone" - its an essential read for new traders.Also - dont go in thinking you can make a living from a 20k account safely.... Something that most people wont tell you is that to make an actual living from trading safely with sustainable risk etc you need at least $100,000 in your account - if you cant get that, you may want to focus on just getting consistent and building a track record, even on a small account and from there getting into fund management....One more read to suggest - and this one is how to actually get f...

Risk and Rewards in Experienced Traders Mar 03, 2015 at 07:26

Yeah for sure, and fixed spreads where possible... Though the account I linked today is instafx and thats trading the live high impact news but totally right Ecn - far better

EURUSD	1.07724	GBPUSD	1.25241	AUDUSD	0.65945
USDJPY	155.77	USDCAD	1.36822	USDCHF	0.90653

Posts by BenNathanFX