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mlawson71
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Posts by
mlawson71
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gold advise
in
Experienced Traders
Jul 10, 2016 at 10:50
I agree. Gold is very bearish and reaching 1400 seems almost inevitable.
EUR/GBP
in
New Traders
Jul 10, 2016 at 10:48
What do you think about EUR/GBP? Do you think it will continue rising?
Brexit
in
General
Jul 09, 2016 at 10:03
It moved up right after Brexit for obvious reasons, whether it will continue moving up in the future depends on the political situation in the UK, I suppose.
EUR/GBP
in
New Traders
Jul 09, 2016 at 10:00
Perhaps. It's just consolidating sideways for now, but that also means it's not bullish at all.
Beginners - Kill your emotions
in
New Traders
Jul 09, 2016 at 09:58
That's a very good point, actually. Some people make a big profit a few times on demo account and think they're ready for a live account without having achieved being consistent in their profits, and that only leads to losses.
EUR/USD
in
New Traders
Jul 07, 2016 at 08:52
I both buy and sell because I tend to see signals for both, but right now I am not seeing any signal to help me trade this pair.
EUR/GBP
in
New Traders
Jul 07, 2016 at 08:51
Or maybe it was over for the moment, considering that it has stalled there.
EUR/GBP
in
New Traders
Jul 06, 2016 at 08:51
The pair reached 0.8620 today, I don't think that the move to the upside is over for now.
Beginners - Kill your emotions
in
New Traders
Jul 06, 2016 at 08:50
I would say that most new traders ruin their account balance because of lack of emotional discipline, to be honest. You either learn and start over or you quit.
Brexit
in
General
Jul 05, 2016 at 08:26
It looks like the British are flocking to Bitcoin to try and avoid the crash of their own currency. Coinbase reports a surge of over 350% of bitcoin purchases from UK clients. (https://smnweekly.com/2016/07/01/coinbase-sees-record-sign-ups-uk-around-brexit-vote/) This is one of the largest increases they've seen from one region over the period of one week.
gold advise
in
Experienced Traders
Jul 05, 2016 at 08:23
It's still struggling to break above 1358. I think it might bounce off it.
EUR/USD
in
New Traders
Jul 05, 2016 at 08:22
EUR/USD is still rising, but I don't suppose we'll see any major volatility before the Non-farm Payrolls on Friday?
buy usd/jpy
in
Experienced Traders
Jul 04, 2016 at 08:32
The pair is still consolidating sideways after Brexit, I wonder how much longer that will last.
GBPJPY
in
Experienced Traders
Jul 04, 2016 at 08:30
Unfortunately it is caught in a very tight range.
gold advise
in
Experienced Traders
Jul 03, 2016 at 09:39
It has already broken above 1330. I think next target is around 1360.
EUR/USD
in
New Traders
Jul 03, 2016 at 09:37
True, but I doubt such a deal will be made anytime soon.
EUR/USD
in
New Traders
Jul 02, 2016 at 11:48
I have a long on Gold too, my target is at 1360.
Tips and tricks!
in
New Traders
Jul 02, 2016 at 11:45
Although the Forex community itself doesn't seem affected as badly as it could've been, Brexit still did a number on various businessnes. Peter Hargreaves' 32% majority share in the financial consulting company Hargreaves Lansdown fell with £400 million after Brexit. (https://smnweekly.com/2016/06/29/cmc-markets-peter-cruddas-among-big-losers-post-brexit-market-turmoil/). After the rebound that loss was reduced to £300 million, but that's still an enormous loss.
Beginners - Kill your emotions
in
New Traders
Jul 02, 2016 at 11:37
I generally use short-term positions as well. I have no patience to wait for retracements.
gold advise
in
Experienced Traders
Jun 30, 2016 at 08:03
You're right. I was hoping it would start dropping, but it's just consolidating sideways for now.
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