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mlawson71
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Fun on MyfxBook
in
General
Mar 26, 2017 at 11:12
Hahaha, that's priceless. 😁
Psychology of Forex Trading
in
General
Mar 26, 2017 at 11:11
That is a great way of putting it, I think. One must always follow the market, rather than hope that the market will do what they want it to do.
EUR/GBP
in
New Traders
Mar 25, 2017 at 10:36
Do you think EUR/GBP will continue rising next week, Kieran?
Have a plan and stick to it
in
New Traders
Mar 25, 2017 at 10:34
Indeed. Having a plan doesn't mean that plan is immutable. If you see it's flawed of course you have to change it in order to improve it. People say "Stick to the plan!" but often forget to mention that plan is always subject to improvement if necessary.
Best pairs to start? newbie here...
in
New Traders
Mar 24, 2017 at 12:24
I technically agree, but what currency pair would you recommend to newbies to use?
How binary options brokers lure clients
in
General
Mar 24, 2017 at 12:18
The Financial Industry Regulatory Authority (FINRA), a US self-regulatory organization (SRO), joined a long list of authorities that warn about the high risks of binary options. (https://smnweekly.com/2017/03/17/us-finra-alerts-of-binary-options-follow-up-schemes/)The regulator emphasized on two particular schemes for which investors should be on guard – recovery scams and IRS impersonation scams. Usually, scammers contact investors, telling them they know about their trading accounts and the money they’ve lost to binary options and asking for money to help them recoup the generate...
Fun on MyfxBook
in
General
Mar 24, 2017 at 12:16
You're right, I am definitely hungry now.
EUR/GBP
in
New Traders
Mar 22, 2017 at 11:38
True. The closer we get to that, the tighter the range becomes. I am not trading this pair right now, it's too risky.
What problems are you facing as a trader?
in
New Traders
Mar 22, 2017 at 11:36
I don't know whether fear that you'll lose money stems from childhood issues. It seems a little far-fetched to me. I mean, children rarely understand the value of money, and that understanding (and the fear that comes with it) develops later on.
Beginners - Kill your emotions
in
New Traders
Mar 21, 2017 at 13:07
Now that is just unacceptable. I'm sorry for these people. One could easily move on - albeit with some annoyance - from a free tutorial that taught wrong things, but misleading paying students like this is unacceptable, to put it mildly.
Major pair-Trends?
in
General
Mar 21, 2017 at 13:05
Usually after periods of strong trends there are periods of consolidation, this is normal.
How binary options brokers lure clients
in
General
Mar 20, 2017 at 12:47
The FBI recently issued a warning against ealing with unregulated binary options platforms and brokers. (https://www.forexbrokerz.com/news/FBI-Losses-from-binary-options-fraud-run-into-the-millions) In a publication entitled “Binary Options Fraud, A Word of Warning to the Investing Public” the FBI notes that the binary options fraud is a growing problem and says that between 2011 and 2016 the number of complaints and sums lost to this type of scam have grown exponentially. “In 2011, our Internet Crime Complaint Center (IC3) received four complaints—with reported losses...
EUR/GBP
in
New Traders
Mar 20, 2017 at 12:46
I have a short too, even though it's clearly struggling to break below 0.8660.
Beginners - Kill your emotions
in
New Traders
Mar 20, 2017 at 12:44
Did these students pay for it or was it a free tutorial? Either there's a problem with it - if it's paid, they're obviously paying for wrong information, if it's free, then it's just yet another example how the market is full of bad information and how difficult it is for newbies (and often experienced traders too) to be able to differentiate between the two.
Best pairs to start? newbie here...
in
New Traders
Mar 18, 2017 at 11:58
NZD/USD, AUD/USD, EUR/GBP - which is oddly stable, considering everything, occasionally USD/CAD, EUR/JPY, those are the ones I can cite off the top of my head.
EUR/GBP
in
New Traders
Mar 18, 2017 at 11:56
I used the EUR/GBP move to the downside on Friday. I think it will keep falling next week too.
The US disables the FXCM broker.
in
General
Mar 17, 2017 at 11:53
The UK branch wasn’t affected from a regulatory point of view, as far as I know, but the scandal in the States definitely had an economic effect. FXCM Group, which now contains all FXCM subsidiaries, except the US, has reported a decline in its February retail and institutional customer trading metrics. (https://www.forexbrokerz.com/news/FXCM-Group-reports-declining-February-metrics ) According to the document, the customer trading volume in February amounted to $201 billion. This is 21% lower than January 2017 and 33% lower than February 2016. The more detailed information shows that i...
Beginners - Kill your emotions
in
New Traders
Mar 17, 2017 at 11:52
When it comes to people selling me things like courses and EAs, I always wonder why they don't just use the knowledge they have or the robots they have to make a lot more money off Forex trading than they would off selling them.
Best pairs to start? newbie here...
in
New Traders
Mar 17, 2017 at 11:49
When it comes to high liquidity, yes, EUR/USD does have that, but I wouldn't say it's exactly stable. Lately GBP/USD hasn't been as stable as it used to be either, unfortunately.
EUR/GBP
in
New Traders
Mar 15, 2017 at 11:36
With the FOMC news coming out today nothing is certain, if you ask me.
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