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mlawson71
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Posts by
mlawson71
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EUR/GBP
in
New Traders
Sep 11, 2017 at 15:12
Either way, it's time for short positions, I think. My TP is at 0.9050.
Be careful with the sideway market
in
General
Sep 11, 2017 at 15:09
I remember. It was awful, a lot of companies and individual traders went under because of it.
EUR/GBP
in
New Traders
Sep 10, 2017 at 11:29
Which exotic pairs are you interested in? What prompted your interest in them?
scalping is risky ?
in
General
Sep 10, 2017 at 11:28
All trading is risky if you don't know what you are doing. Scalping is no different than that.
AUDUSD
in
New Traders
Sep 09, 2017 at 12:47
I am not very good at scalping, so the new move north was very helpful. I was tired of being bogged down in the range.
EUR/USD
in
New Traders
Sep 09, 2017 at 12:45
Good point. When you're more confident in your trading skills you're also less anxious about your actual trading.
EUR/GBP
in
New Traders
Sep 08, 2017 at 14:57
I don't think the correction will end before the pair reaches the support at 0.9070.
InstaForex?
in
General
Sep 08, 2017 at 14:50
Instaforex got a license with the Central Bank of Russia (CBR) in 2017. (https://www.forexbrokerz.com/brokers/insta-forex) The CBR is Russia’s financial mega-regulator which oversees the banking and all other financial markets in the country. As of 1 January, 2016, locally-based forex brokers are required to be licensed by CBR in order to operate in the country. As far as I know only a few local Russian brokers have such a license. That said, that license does not necessarily mean the broker’s trustworthy. After all, they gave one to InstaForex, which, as you said, does not exactly...
Be careful with the sideway market
in
General
Sep 08, 2017 at 14:49
That was no random spike, the reason for that movement was the Swiss Bank unpegging the Franc from the Euro, causing panic.
EUR/USD
in
New Traders
Sep 06, 2017 at 16:02
Professional help with trading or professional help with one's emotional state? Or both? :D
EUR/GBP
in
New Traders
Sep 06, 2017 at 16:00
Good point. The overall bullish trend isn't over despite the correction. I'll open a new long once it ends.
EUR/GBP
in
New Traders
Sep 05, 2017 at 13:30
I agree. I think it may possibly break out below that level too.
Be careful with the sideway market
in
General
Sep 05, 2017 at 13:29
Good point. It depends on how tight (or wide, for that matter) the range is.
AUDUSD
in
New Traders
Sep 04, 2017 at 14:05
The longterm range this pair is stuck it makes it almost impossible to trade unless one is opening very shortterm positions.
Binary Options Scam Broker (Need Help!)
in
General
Sep 04, 2017 at 14:01
Yet another example of an untrustworthy binary options broker – the Japanese Finance Ministry issued a warning against Monte Carlo Binary, operated by the Seychelles-based M Carlo Capital Limited. (https://www.forexbrokerz.com/news/Japans-Finance-ministry-warns-of-HotForex-Monte-Carlo-Binary) Talk about unethical advertising – calling themselves Monte Carlo Binary while being operated from the Seychelles.
EUR/GBP
in
New Traders
Sep 04, 2017 at 13:59
If it breaks out below 0.9150 it may drop to 0.9000, I think. Apart from that, I agree that the trend is still bullish.
Be careful with the sideway market
in
General
Sep 03, 2017 at 11:34
True. As long as you're careful and can figure out the support and resistance levels of the channel, why not?
EUR/USD
in
New Traders
Sep 03, 2017 at 11:28
Stress is in setting a trade and losing, in my opinion. Or experiencing the fear of loss.
EUR/USD
in
New Traders
Sep 02, 2017 at 13:38
Some people thrive on stress and pressure, others fail completely. It depends on the person.
EUR/GBP
in
New Traders
Sep 02, 2017 at 13:37
It looks like the upward movement is exhausted and a more long-term drop is about to begin.
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