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mlawson71
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gold advise
in
Experienced Traders
Jan 05, 2016 at 07:20
Gold is still consolidating and continuing the multi-day range above the support at 1047. It's currently headed for the resistance at 1084. Unless there's a breakout above that level I'd watch for signals for a new move to the downside.
Expose them.
in
General
Dec 31, 2015 at 10:55
The Italian financial watchdog Consob warned about six new entities to their list of forex and binary options brokers unauthorized to operate in the country – BestCopy, LHCbrokers, Oklycapital, Amf Capital, Ampha Management, and St. World Trade. (Source: http://www.forexbrokerz.com/news/italy-consob-warns-six-unauthorized-forex-binary-options-brokers)
Is demo trading enough before real account?
in
New Traders
Dec 31, 2015 at 10:55
Apparently my reading comprehension fails me today, Kieran meant opening a small demo account, which is also a good idea.
Is demo trading enough before real account?
in
New Traders
Dec 31, 2015 at 10:54
The demo account is for practising what you've already learned in theory, gaining experience and an understanding how the market works, as well as testing trading strategies. It's an invaluable tool for both newbies and experienced traders and that step of the learning process really, really shouldn't be skipped.That said, you can only learn how to deal with the psychological pressures of trading on a live account. Kieran's suggestion about opening a small live account after you feel confident enough with trading on a demo account is a great idea in that regard.
DEMO ACCOUNT vs LIVE ACCOUNT
in
New Traders
Dec 31, 2015 at 10:54
No, there's no obligation to open a demo account first. As a trader you are working for yourself, unless you are professionally employed by someone to do the same job - so you have no obligations whatsoever. Opening a demo account is simply basic common sense, nothing more, nothing less.
Low time frame trading vs. High time frame trading.
in
Experienced Traders
Dec 30, 2015 at 11:09
I, personally, have found that the most reliable trading signals usually come from the 4-hour and daily time-frame, if you're planning on opening a more long-term position.The 15 and 30-minute time-frames also provide very decent signals for short-term positions.
GBP/USD daily outlook
in
Experienced Traders
Dec 30, 2015 at 11:09
GBP/USD couldn't break above the resistance at 1.4840 and returned to 1.4815 again. It might fall to 1.4780 again, but I don't think we'll see any major changes before the end of the holidays.
DEMO ACCOUNT vs LIVE ACCOUNT
in
New Traders
Dec 28, 2015 at 10:57
True. The problem is that some people aren't willing to let it work out of sheer anxiety and insecurity when it comes to trading with real money.
Wish you all a very Merry X-Mas!
in
New Traders
Dec 28, 2015 at 10:57
Ouch. One should be very careful when trading during the holidays.
EUR/USD
in
New Traders
Dec 24, 2015 at 11:05
Most of the currencies will be consolidating until the new year, I think.
eurjpy big move
in
General
Dec 24, 2015 at 11:05
I would say the consolidation will continue until after 1st January 2016.
Expose them.
in
General
Dec 24, 2015 at 11:05
The French AMF warned against 11 websites offering binary options (http://www.forexbrokerz.com/news/france-amf-warns-against-11-unauthorized-binary-options-brokers) trading in the country without being officially authorized to do so. Among them are:www.bankofinvest.comwww.bloomex-options.comwww.groupebinary.comwww.igm-financial.comwww.inglobalmarkets.comwww.londonbrokersoptions.comwww.privat-epargne.comwww.success-bank.comwww.superoptions.comIn order to operate in France and to target French investors, binary options brokers need to have a license from the relevant authorities in France or any...
GBP/USD daily outlook
in
Experienced Traders
Dec 22, 2015 at 11:05
I think the pair will rise towards 1.4940, it formed a double bottom on the 4-hour time-frame.
eurjpy big move
in
General
Dec 22, 2015 at 11:05
It will rise to 133 at best and then it will continue falling, I think.
Reasonable Expectations
in
General
Dec 21, 2015 at 07:20
I agree. Sitting down with the idea that you will make money right here, right now regardless of the situation on the market generally only leads to losses and disappointment.
Spooky, Isn't It?
in
General
Dec 21, 2015 at 07:19
There's a "Glitch in the Matrix" joke looking to be made in here somewhere.Seriously though, I think it's just a coincidence.
lost
in
New Traders
Dec 18, 2015 at 09:34
Everyone has to start somewhere. There's plenty of free information and tutorials on the Internet you can learn from, and if you can get professional training it's even better. Also, exercise on a demo account for at least an year before you even try trading with real money.
Honest truth about forex.....
in
New Traders
Dec 18, 2015 at 09:34
Try to avoid trading during high-impact news, learn from your mistakes and don't open new positions because you're bored or you don't have the patience to wait for a good entry point. It took me a while to learn these simple truths.
DEMO ACCOUNT vs LIVE ACCOUNT
in
New Traders
Dec 16, 2015 at 07:46
Absolutely. I've long noticed that I am much more cautious, sometimes too cautious even, when I'm trading with a live account.
USD/JPY
in
Experienced Traders
Dec 16, 2015 at 07:46
The pair found some support at 120.30 and is currently rebounding. It will probably reach 122.00 again soon.
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