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Posts by
Gasley
GBP/USD daily outlook
in
Experienced Traders
Jan 09, 2019 at 11:06
I expect price to go sideways until the Brexit vote next week. GBPUSD and other GBP pairs are too risky to trade right now IMHO
EUR/USD
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Experienced Traders
Jan 09, 2019 at 11:06
Price is stalling at the resistance level of 1.1480. I expect a price to start dropping now. If there is a break below the 200 EMA on the hourly chart then I will be going short
USD/JPY
in
Experienced Traders
Jan 09, 2019 at 11:05
What is the "dead cat bounce formantion"? I have never heard of that. Is it a candle pattern or a chart formation?
90% are loser ..why ?
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New Traders
Dec 05, 2018 at 11:49
EAs are very consistent in producing losses!!! But if you want to make profit from Forex trading you will need to trade manually. I have yet to find an EA that works longer than a couple of weeks. Most destroyed my account
How long on a demo account
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New Traders
Dec 05, 2018 at 11:44
Money is the main one. Everything else is just stats. Focus on $$$ and everything else should be fine
Best Broker for a Newbie
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New Traders
Dec 05, 2018 at 11:34
Scalping is when you aim to profit from short term price movements. Usually taking only a handful of pips with any trade. But as a retail trader the spreads will usually eat all your profits so I wouldn't bother trying
What is your trading strategy ?
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New Traders
Nov 13, 2018 at 12:17
I wait for big candles on the 1 hour and then trade in the opposite direction expecting a retrace. I usually only aim for around 10 pips so is kind of a scalping strategy
EUR/USD
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New Traders
Nov 13, 2018 at 12:15
Price blew through 1.1337. Could get down to 1.1200 or lower today. I expect there will be a retrace before then but euro is looking very weak
Best Platform
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New Traders
Nov 13, 2018 at 12:13
I just can't see mt4 being phased out. The uptake of mt5 is so small. All the robots and indiators are based on mt4. So few traders have made the transition to mt5 from mt4
Can forex trading make you rich ?
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General
Nov 13, 2018 at 12:12
proper pro traders are very intelligent and have vast knowledge of the markets. I've never met a pro trader who has just looked at baby pips and spent 3 months on a demo!!!
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