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mlawson71
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How to break out of a funk
in
New Traders
May 14, 2017 at 11:55
Good point. Focus on risk and money management and then worry about profits.
I love Gold Only
in
General
May 14, 2017 at 11:52
I think Gold will fall again to 1200 next week. The bearish trend is not over.
Fundamental or Technical- novice traders should start with?
in
General
May 13, 2017 at 12:01
Good point. One can focus one of these but that doesn't mean they should - or can, for that matter - totally ignore the other.
New and unsure where to begin...Tips? Thanks very much!
in
New Traders
May 13, 2017 at 11:59
No, I lost it gradually because I was closing my positions too early because I was afraid of losing money. Typical psychology problem.
EUR/GBP
in
New Traders
May 12, 2017 at 13:34
It looks like it will climb to 0.8500. I opened a long at 0.8450.
FXCM gets $7 mln fine from CFTC, sells US business to Gain Capital
in
General
May 12, 2017 at 13:32
They clearly have problems because recently Global Brokerage Inc., formerly known as FXCM Inc., informed the US Securities and Exchange Commission (SEC) of a notification from NASDAQ Global Market that it might delist it over falling market cap.According to the filing, on May 2 NASDAQ informed Global Brokerage that for the prior 30 consecutive business days, the market value of the company’s publicly held shares was less than $15 million. (https://smnweekly.com/2017/05/09/nasdaq-warns-ex-fxcm-of-eventual-delisting-over-low-market-cap/) This does not meet NASDAQ’s requirements for c...
Fundamental or Technical- novice traders should start with?
in
General
May 12, 2017 at 13:31
I think that initially it's good to read up the basics of both and then decide which one fits you better.
How to select the Best Currency Pair for Investment?
in
New Traders
May 10, 2017 at 12:03
You could also look into secondary pairs like USDCAD, NZDUSD, GBPJPY, EURGBP, EURJPY and so on.
EUR/USD
in
New Traders
May 10, 2017 at 11:59
I'm actually considering taking a short now, but it depends on whether it will attempt to close the gap.
How to select the Best Currency Pair for Investment?
in
New Traders
May 09, 2017 at 13:32
That is a simple question with a complicated answer, which depends on a lot of things - what kind of spreads do you prefer, are you a long-term or a short-term trader, which pairings are you interested in to begin with, etc.etc.
How to break out of a funk
in
New Traders
May 09, 2017 at 13:30
It happens to everyone occasionally. My advice is to simply not trade for a while and rest. A few days or a week or so, but rest your mind and then go back to examine the charts with fresh eyes.
Broker choice
in
New Traders
May 08, 2017 at 13:11
Unfortunately, it turns out that you’re right and I was wrong. The French ombudsman recently revealed that the majority of the complaints (83%) filed at the French regulator AMF have been against were against brokers regulated by the Cyprus Securities and Exchange Commission (CySEC) who are using the passporting rules under MiFID to operate throughout the EU. Most complaints included allegations of psychological manipulation, phone harassment and siphoning of the account funds. (https://smnweekly.com/2017/04/26/amf-ombudsman-83-of-complaints-in-2016-were-against-cysec-regulated-forex-bro...
GBP/USD Latest State
in
New Traders
May 08, 2017 at 13:10
I think this is not the end of the rally. But then again the range is so tight nothing is clear right now.
EUR/USD
in
New Traders
May 08, 2017 at 13:08
Does anyone have any opinions why EUR/USD fell despite Macron's victory?
EUR/USD
in
New Traders
May 07, 2017 at 12:01
Do you mean that the French elections are today? Because the NFP was on Friday.
New and unsure where to begin...Tips? Thanks very much!
in
New Traders
May 07, 2017 at 11:58
Nothing unusual. I invested too much money without being ready to trade with real money and I lost the account.
Beginners - Kill your emotions
in
New Traders
May 07, 2017 at 11:57
I mostly don't either. Nor do I trade on FOMC announcement days.
Forex : suggestions for main currencies
in
General
May 06, 2017 at 12:24
I hope you've taken into account the elections in France tomorrow. There will probably another big gap on most currency pairs when the market opens on Monday.
Trading Psychology
in
New Traders
May 06, 2017 at 12:22
The problem is that is a pretty big "if" for a lot of people. A lot of traders are driven by both their greed and their fear.
CySEC starts compensation payments to CommexFX clients
in
General
May 05, 2017 at 13:15
Nearly a year after the Cyprus Securities and Exchange Commission (CySEC) decided to withdraw the license of the forex broker CommexFX and less than a month after the regulator finally made it public, the regulator said it is starting the compensation payments process.The procedure will be handled by the Investor Compensation Fund for Clients of IFs (I.C.F). (https://smnweekly.com/2017/05/04/cysec-starts-compensation-payments-to-commexfx-clients/) Took them long enough.
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