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GBP/USD daily outlook
på
Erfaren Traders
Feb 01, 2016 at 07:22
It looks like correction might end next week. I won't be opening any new shorts before a breakout below 1.4078 though.
Choosing the Right Broker
på
Allmänt
Feb 01, 2016 at 07:22
I've always thought that was something all brokers did automatically, it has never even occurred to me to even check about it. In retrospect must've lucked out with previous brokers.
EUR/USD
på
Nya Handlare
Feb 01, 2016 at 07:22
Congratulations. I only caughht a measly 50 pips because I was out and about at the time and only caught the end of it when I came home.
USD/JPY
på
Erfaren Traders
Jan 30, 2016 at 19:27
I think it will eventually reach 124.00, and a breakout above that level would confirm that the bullish trend continues.
gold advise
på
Erfaren Traders
Jan 30, 2016 at 19:27
Oh, the trend is definitely bearish. It might climb a little higher than it is now, but it will start dropping again eventually. I actually do have longs open but I doubt I will keep them that way for much longer.
gold advise
på
Erfaren Traders
Jan 29, 2016 at 19:47
There's a breakout above 1110, I think it's more likely to continue rising. I think it might even reach 1150 eventually.
Facts and Myths bout Expert Advisors
på
Nya Handlare
Jan 29, 2016 at 19:47
I've used an expert advisor only once since I started trading (and by once I mean one expert advisor over the period of several months) and it was with varied success. In the end I gave up on the idea and decided that I preferred to trade manually. I suppose I could've tried with another one, but I preferred to have full control over my trading decisions.
Expose them.
på
Allmänt
Jan 24, 2016 at 10:48
The FCA is warning about yet another clone scammer - Delta Financial Markets is presenting itself as part of the trading brand Delta Trade and as an associate of the legitimate broker DF Markets. (https://theforexreview.com/2016/01/22/fca-warns-about-clone-of-df-markets/) Just how popular is this type of scam?
GBP/USD daily outlook
på
Erfaren Traders
Jan 24, 2016 at 10:48
I agree, but I think the pair will rise much higher than that.
"Just Oil"
på
Erfaren Traders
Jan 24, 2016 at 07:51
Ouch, that's happened to me too a few times. Which is why I have a firm rule not to trade during the night.
DEMO ACCOUNT vs LIVE ACCOUNT
på
Nya Handlare
Jan 24, 2016 at 07:51
Since demo simply copies the informational output of the live market, technically there are buyers and sellers, and unless the broker's up to shenanigans positions in the demo should have the same result as in the live account, apart from the emotional effect of trading with real money .
GBP/USD daily outlook
på
Erfaren Traders
Jan 23, 2016 at 10:11
We're probably in for some correction - I think the pair will climb to 1.4340 again, and a breakout above it would mean it might rise to 1.4450.
USD/JPY
på
Erfaren Traders
Jan 23, 2016 at 10:11
Frankly, I wouldn't be surprised if it reaches even 120.00.
DEMO ACCOUNT vs LIVE ACCOUNT
på
Nya Handlare
Jan 17, 2016 at 09:54
I couldn't agree more. Demo accounts are very necessary to be used as a learning and testing tool, but no amount of demo account trading can fully prepare you for the psychological pressure of dealing with real money. They can certainly help, boost your confidence, but you only fully train yourself on a live account.
Is demo trading enough before real account?
på
Nya Handlare
Jan 17, 2016 at 09:53
The difference in result between a demo and a live account usually stems from the psychological effect trading with a live account has on a person, not from some technical differences between the accounts. Or at least, that should be the case if the broker's not making changes between the two. Demo accounts can be useful for more than just learning on them. Imagine you have a brand new strategy you'd like to test. Are you going to risk real money just to see whether it works on or not? Yes, you have to test it on a live account eventually too, but if you don't have some kind of pos...
Expose them.
på
Allmänt
Jan 17, 2016 at 09:53
Well, speaking of official warnings and scammers, I also have this: FCA warned that Ayondo Markets Ltd is a clone firm of FCA-licensed social trading company ayondo markets Limited (https://theforexreview.com/2016/01/08/fca-warns-of-clone-of-social-trading-broker-ayondo-markets/) The clone is using information about the genuine broker to make themselves look legitimate, although they have nothing to do with he original. I actually took a look at both their sites, and they look chillingly similar. They even use the same logo. To be honest, if I were a newbie, I'd totally buy the scam. I mig...
USD/JPY
på
Erfaren Traders
Jan 16, 2016 at 17:42
I think it will continue dropping until it reaches 115.80.
lost
på
Nya Handlare
Jan 16, 2016 at 17:42
One more thing regarding demo accounts. If you have a brand new strategy, it's not the best idea to test it on a live account right away. Personally, I always test it for a while on a demo account first, then I would move onto the live account. Yes, it's different on a live account because the psychological pressure is different there, but it's better to know whether a strategy works on a purely technical level before you put yourself under undue stress when you test it with real money.
How to increase trading skills ?
på
Nya Handlare
Jan 14, 2016 at 11:18
I try to post during trading, most of the time at least.
lost
på
Nya Handlare
Jan 14, 2016 at 11:18
You know, if you're actually learning on them demo accounts can't exactly be called useless.
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