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mlawson71
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Posts by
mlawson71
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Best Broker for a Newbie
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New Traders
Jun 23, 2017 at 10:35
Still, it’s better to at least check whether regulators have issued warnings against the company you’re about to work with.For example, CySEC very recently issued a warning against Airfinance Pro Ltd. – a company which is no longer authorized to provide financial services, as its license was suspended by the commission and later renounced. The company operates several binary options brands, the most popular of which is BuzzTrade. (https://www.forexbrokerz.com/news/CySEC-warns-against-binary-options-broker-BuzzTrade)CySEC has given BuzzTrade three-month term from the date of t...
EUR/GBP
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New Traders
Jun 23, 2017 at 10:35
I shorted at 0.8780, my TP is at 0.8760. I don't dare keep any longer-term positions open.
Fun on MyfxBook
in
General
Jun 23, 2017 at 10:33
That is exactly how trading EUR/USD often feels. 😀
EUR/GBP
in
New Traders
Jun 21, 2017 at 13:28
I shorted just as it started falling today and managed to take about 25 pips. No more positions for today.
Fun on MyfxBook
in
General
Jun 21, 2017 at 13:24
http://www.myfxbook.com/files/mlawson71/IMG_9890.jpgThat one really cracked me up. 😁
Gold News
in
General
Jun 20, 2017 at 12:41
Why a buy trade, I am not seeing any signal for a rally?
EUR/GBP
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New Traders
Jun 20, 2017 at 12:39
EUR/GBP is rallying despite the signals on the W1 time frame that indicate a drop. Interesting.
Book on trading
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New Traders
Jun 19, 2017 at 12:49
Reading books on the matter is not necessarily a bad choice. Yes, there is a lot of information online, but a lot of its sources are questionable. You don't know how well it's been vetted and by whom. Books by reputable authors that have gone through an educated editor can be very helpful.
Reputable Binary Options Brokers suggestions
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General
Jun 19, 2017 at 12:45
A lot of the binary options brokers offering their services to clients in Europe were based on Israel, but the Israeli government has fully stifled the industry. Israeli cabinet approved the bill to ban the entire binary options industry on Sunday, including the activity of local call centers offering its products abroad. Once the draft law is passed and comes into effect, it will allow the Israel Securities Authority (ISA) to prosecute and sentence anyone still offering binary options from within Israeli territory to basically anybody, anywhere. (https://smnweekly.com/2017/06/19/israeli-cabin...
EUR/GBP
in
New Traders
Jun 19, 2017 at 12:43
I decided to short this pair, my TP is at 0.8700.
What indicator you use for scalping?
in
New Traders
Jun 18, 2017 at 12:11
Do you use any indicators for scalping?
EUR/GBP
in
New Traders
Jun 18, 2017 at 12:10
The pair appears bullish, but whether it will break out above 0.8865 is a matter of debate for now.
EUR/USD
in
New Traders
Jun 17, 2017 at 09:21
So far the pair has remained in the range channel. I thought it will fall below 1.1100, but that wasn't the case.
GBP???
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General
Jun 17, 2017 at 09:17
I mostly prefer EUR/GBP though I do trade GBP/USD occasionally. It's become harder to trade both since the Brexit referendum.
Anyone Using Bitcoin Brokers?
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New Traders
Jun 16, 2017 at 10:49
Japan passed some legal amendments last year which only came into effect this April, legally classified Bitcoin as a recognized method of payment. (https://smnweekly.com/2017/05/03/japanese-forex-brokers-jump-on-exchange-bandwagon-as-bitcoin-price-hits-historical-high/) Since then Japanese retailers have slowly started accepting Bitcoin as a “proper” currency. According to some estimates, by this summer over 260 000 shops in the country would start accepting Bitcoin as payment.
EUR/GBP
in
New Traders
Jun 16, 2017 at 10:48
It's very unclear, at least to me. I'll wait for next week for a better signal.
What indicator you use for scalping?
in
New Traders
Jun 16, 2017 at 10:47
Very low spreads, instant order execution, no requotes, etc.etc. The conditions have to be right or you'll just lose money.
EUR/GBP
in
New Traders
Jun 14, 2017 at 09:24
It even fell to 0.8770. I think that was it for the move down though, it will test the last high again.
Learning Forex Trading
in
New Traders
Jun 14, 2017 at 09:22
Do you know why these changes happened actually? The political situation in Europe?
What indicator you use for scalping?
in
New Traders
Jun 13, 2017 at 11:56
Some scalpers use just pure price action without any indicators. So that is one possibility.
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