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mlawson71
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Posts by
mlawson71
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EUR/USD
in
New Traders
Jan 15, 2017 at 12:06
You’re right. I am considering whether I should trade at all this week. I probably will, but with very short-term trades.
EUR/USD
in
New Traders
Jan 14, 2017 at 12:34
Do you think it will keep rising next week?
EUR/GBP
in
New Traders
Jan 14, 2017 at 12:33
You’re right, it was. So much about that short. Good news is that there’s a double top at 0.8765.
BREXIT won't happen until 2019.
in
General
Jan 13, 2017 at 10:02
TheCityUK, a membership body of the UK financial markets, issued a list of key priorities that UK-based financial market participants need to address in relation to the forthcoming Brexit negotiations. The list aims to put an emphasis on topics that need to be addressed so that both the UK and the rest of the EU countries achieve the best possible deal. After on on 23 June, 2016, the UK voted to exit the European Union (aka Brexit vote), financial institutions across the EU, and in the UK in particular, are facing significant challenges. A license issued by UK’s Financial Conduct Authori...
Fun on MyfxBook
in
General
Jan 13, 2017 at 09:59
http://www.myfxbook.com/files/mlawson71/index.jpgSince we're into LOTR-themed memes...
EUR/GBP
in
New Traders
Jan 11, 2017 at 12:06
I shorted on this pair, TP is 0.8600.
Psychology of Forex Trading
in
General
Jan 11, 2017 at 12:05
I don’t think that failing because of psychological pressure necessary makes a trader no better than a gambler. You can still trade based on your knowledge, rather than rely on luck, and still have your emotions get the better of you.
How to Be an Expert in Forex Trading: Some Tips
in
General
Jan 10, 2017 at 12:10
Great advice. I too, though, would say that there’s no need to stick to MT4 alone, there are plenty of platforms one can choose from, depending on what they need.
Best pairs to start?
in
New Traders
Jan 10, 2017 at 12:10
Why do you think so?
US Elections
in
General
Jan 09, 2017 at 11:36
I agree. His twitter comments can certain cause spikes, but I doubt they can change an overall trend.
How binary options brokers lure clients
in
General
Jan 09, 2017 at 11:33
Speaking of scams and binary options, let me quote the testimony of a former binary options broker employee who gave a testimony at the Israeli parliamentary hearings: “No customer ever made a profit in the company where I worked. I never saw it”. (https://smnweekly.com/2017/01/03/ex-binary-options-broker-employee-no-customer-ever-made-a-profit-in-the-company-where-i-worked/) It’s awful, but not surprising.
EUR/GBP
in
New Traders
Jan 09, 2017 at 11:32
I deleted that TP, my long position remains open for now.
Beginners - Kill your emotions
in
New Traders
Jan 08, 2017 at 11:18
Keeping a level head is not the same as killing one’s emotions, it’s simply learning self-control for one’s own good.
Fun on MyfxBook
in
General
Jan 08, 2017 at 11:17
http://www.myfxbook.com/files/mlawson71/BnG9HfZCQAExv44.png
Psychology of Forex Trading
in
General
Jan 07, 2017 at 12:18
The problem with maintaining a losing position is that it’s hard to tell whether it really is a losing position or whether one needs to be patient until the market turns around, as it often does.
Fun on MyfxBook
in
General
Jan 07, 2017 at 12:18
I think I’ve made that expression under such circumstances. Or something close to that.
Best Broker for a Newbie
in
New Traders
Jan 06, 2017 at 11:51
Some good news for people trading with American brokers - The National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said its new rules on disclosure of transaction data have been approved by the Commodity Futures Trading Commission (CFTC) and will come into effect as of March 31, 2017. These rules will enable US retail traders to gain access to transaction data and to review the quality of execution. (http://www.forexbrokerz.com/news/US-retail-traders-to-have-greater-transparency-with-respect-to-transaction-data) Transaction dat...
EUR/GBP
in
New Traders
Jan 06, 2017 at 11:50
I’m long on this pair, my TP is at 0.8610.
What do you wish to achieve through forex?
in
New Traders
Jan 06, 2017 at 11:50
That’s true for pretty much any job one could have, not just Forex trading. But it’s still better to be motivated. One gets better results this way.
What do you wish to achieve through forex?
in
New Traders
Jan 04, 2017 at 11:55
Motivation is just the first step. After that there’s only hard work.
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