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mlawson71
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Posts by
mlawson71
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Learning Forex Trading
in
New Traders
Jun 13, 2017 at 11:54
True. I'm an amateur trader and trading indices is very daunting to me, but I have been trying to learn lately, with varying success.
Fundamental or Technical- novice traders should start with?
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General
Jun 12, 2017 at 10:30
It doesn't take much fundamental analysis to know which events to avoid though - any decent economic calendar will list them for you.
CySEC starts compensation payments to CommexFX clients
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General
Jun 12, 2017 at 10:27
At least CySEC is penalizing them. The regulator published a series of board decisions to penalize seven employees of the CommexFX forex broker. The total sum of the fines imposed on them amounts to the spectacular €405 000, plus prohibition in the exercise of professional activity for the worst offenders. (https://smnweekly.com/2017/06/08/cysec-fines-6-commexfx-employees-e385-000-total/)The biggest fine went to Abdel Rahman Alimari, shareholder of CommexFX, who was fined €200 000 and was banned from exercising professional activities related to the financial sector for a period of t...
EUR/GBP
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New Traders
Jun 12, 2017 at 10:26
True. As it is, the pair is still moving to the upside, I wasn't expecting that.
UK ELECTIONS 2017
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General
Jun 11, 2017 at 13:20
Wait until they actually do start working on Brexit, the pressure will only increase, I think.
Do you agree with it?
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General
Jun 11, 2017 at 13:19
There are a lot people whose trade is based on such info, actually, because they keep very long-term positions open.
Have a plan and stick to it
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New Traders
Jun 10, 2017 at 11:57
There are probably some people who improvise who do well in the long run, but the majority of us would struggle with it. That's why it's better to play it safer and rely on a trading plan, rather than one's daily whims.
EUR/GBP
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New Traders
Jun 10, 2017 at 11:55
I did not dare trade it at all. Sometimes I freeze when I see news like this affecting the market so much. Then I regret it.
The US House just voted to repeal DODD FRANK
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General
Jun 09, 2017 at 15:16
They'll certainly be regulated a lot more loosely now.
MetaQuotes stops developing MT4
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General
Jun 09, 2017 at 14:51
MetaQuotes Software, the company behind the popular trading platforms MetaTrader 4 and 5 said it discontinues the platforms for the oldest versions of Windows – XP, 2003 and Windows Vista after October 1, 2017. (https://smnweekly.com/2017/06/07/metaquotes-ends-support-for-old-versions-of-windows/)The minimum operating system requirement for MT4 and 5 will be Windows 7.If by any chance you’re using one of these operating systems, keep in mind that they will be becoming more and more unstable, as will the trading platforms.
EUR/GBP
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New Traders
Jun 09, 2017 at 14:50
So much about it dropping, the elections caused a big rally. Did anyone manage to trade that?
Fundamental or Technical- novice traders should start with?
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General
Jun 07, 2017 at 11:40
I started first with technical analysis and I can't say I have any complaints. It's a very subjective thing, if you ask me.
EUR/GBP
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New Traders
Jun 07, 2017 at 11:38
It's already dropping. I think it will reach 0.8630.
How to keep organized trading forex?
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New Traders
Jun 06, 2017 at 09:53
I agree. The more you complicate things - your strategies, your indicators, the amount of instruments you trade, etc. the more mistakes you will make.
EUR/GBP
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New Traders
Jun 06, 2017 at 09:51
We could see it move in that direction after the ECB press-conference on Thursday.
Learning Forex Trading
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New Traders
Jun 05, 2017 at 12:35
The more you complicate your strategy, the more chances you will have to do something wrong. Keeping it simple, in a way, lowers your risk.
Alpari loses the remnants of decency and credibility. Dirty game.
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General
Jun 05, 2017 at 12:31
KPMG, the international audit and consulting giant that is serving as the special administrator of the bankrupt forex broker Alpari UK announced a final distribution of 27.0 cents in the dollar (USD) (“Final Client Money Distribution”) to the clients with agreed client money claims. (https://smnweekly.com/2017/06/02/kpmg-starts-making-final-payments-to-alpari-uk-clients/)Clients whose total distributable amount is less than $51.50 will not receive a payment from the final client money distribution, but are entitled to make a claim to UK’s Financial Services Compensation Schem...
US Economy
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New Traders
Jun 05, 2017 at 12:30
True. That depends on whether the new tax laws would pass though.
Gold Prices
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General
Jun 04, 2017 at 11:33
I am pretty sure that's what they mean, yes.
Have you tried trading silver?
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General
Jun 04, 2017 at 11:30
I must've missed that part. Either way, we're still quite a few years away from any large-scale space mining operations.
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