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mlawson71
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mlawson71
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The Real HOLY GRAIL
em
Geral
Jun 20, 2016 at 09:40
True. The problem is how to find the Holy Grail of consistent profits. As I said, I don't think such a thing really exists.
Intraday Trading is gambling
em
Novos Negociantes
Jun 19, 2016 at 08:18
The 15-minute chart at least can give pretty good short-term signals, I would call using it "gambling".
EUR/USD
em
Novos Negociantes
Jun 19, 2016 at 08:11
What the second half of the week will look like in terms of market movement when it comes to this pair depends entirely on the UK referendum though.
GBPJPY
em
Negociantes Experientes
Jun 18, 2016 at 08:35
For now the pair is retracing, but who knows what will happen during Brexit. I would avoid trading it for the moment.
Brexit
em
Geral
Jun 18, 2016 at 08:31
Brokers are panicking ahead of Brexit though. (https://smnweekly.com/2016/06/17/brokers-seem-to-panic-ahead-of-uk-vote/). Some have even said they don't know when they'll return to normal operations and trading conditions, others have changed all orders to close-mode only, some are refusing to trade EUR,GBP and CHF pairings altogether.
EUR/USD
em
Novos Negociantes
Jun 18, 2016 at 08:28
Does anyone even plan on trading EUR/USD before Brexit? I won't be.
What do you wish to achieve through forex?
em
Novos Negociantes
Jun 16, 2016 at 09:13
I see nothing wrong with $100 becoming $1000 with time and patience and knowing how to trade well.
gold advise
em
Negociantes Experientes
Jun 16, 2016 at 09:12
Gold finally broke above 1300. We'll likely see a further move to the upside now.
Time Zone
em
Geral
Jun 15, 2016 at 08:15
That user hasn't posted anything in the past four years, I don't think they'll tell us.
The Real HOLY GRAIL
em
Geral
Jun 15, 2016 at 08:13
I don't think there's such a thing as Holy Grail of trading - there's just a lot of research, studying practice, etc. in other words, there's a lot of hard work if you want to be successful.
Do you prefer fixed spreads or dynamic spreads?
em
Novos Negociantes
Jun 14, 2016 at 08:35
To be honest, the spread widening during news events is dangerous even if you're not hedging. It can widen considerably, take your stop and then the pair continues on its merry way in the direction you were expecting.
Brexit
em
Geral
Jun 14, 2016 at 08:32
It will have impact on all EUR and GBP pairs, in my opinion. As you can see here (https://smnweekly.com/tag/brexit/), most self-respecting brokers have hiked their margin requirements for these pair and the closer we get to the referendum, more and more of them do the same. I would avoid these pairs in the next ten days.
EUR/USD
em
Novos Negociantes
Jun 14, 2016 at 08:29
The pair is very bearish again, it will probably make another attempt to break below 1.1230.
Brexit
em
Geral
Jun 10, 2016 at 10:18
I've already started avoiding EUR/GBP and GBP/USD. I generally avoid EUR/USD by default. I'm actually mostly concentrating on NZD/USD at the moment.
ALPARI is gone - forever...
em
Geral
Jun 10, 2016 at 10:16
That sounds incredibly frustrating at best and potentially like a money-losing combination at worst. :(@stian Thank you for explaining that to me.
Brexit
em
Geral
Jun 10, 2016 at 10:13
I agree, that's the best approach. There are plenty of decent pairs to trade out there, one can avoid trading the GBP and EUR ones for a little while.
Brexit
em
Geral
Jun 08, 2016 at 09:56
To be honest GBP/USD already seems untradeable. It's stuck in a relatively tight range without any clear direction.
ALPARI is gone - forever...
em
Geral
Jun 08, 2016 at 09:54
I don't think I've ever heard that term either. What's that?
ALPARI is gone - forever...
em
Geral
Jun 07, 2016 at 09:16
Ha, it looks like the Bank of Russia doesn't trust them either, because they denied them the license they applied for in the end of last year. (https://smnweekly.com/2016/06/03/bank-of-russia-denies-forex-broker-license-to-alpari-forex-club/) Unsurprisingly they've stated they'll apply again for a license.
Do you prefer fixed spreads or dynamic spreads?
em
Novos Negociantes
Jun 07, 2016 at 09:10
I generally prefer fixed spreads when that's possible, because with them there are no nasty surprises during high volumes and high impact events.
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