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RichardBills
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RichardBills
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What do you wish to achieve through forex?
em
Novos Negociantes
Jan 17, 2017 at 15:48
You mean in times of losing?
How to Be an Expert in Forex Trading: Some Tips
em
Geral
Jan 17, 2017 at 15:47
Precisely! There are also pure market research platforms that could be used as well in addition to support analysis, if the selected trading platform lacks capabilities. 😄
US Elections
em
Geral
Jan 17, 2017 at 15:46
Yes, you are right. I remember though there were cases in the past when algos set to react to social media posts caused quite big spikes in the market prices. Good thread, I enjoy reading the posts.@xgavinc Thanks for your previous clarifications! 😄
EUR/USD
em
Negociantes Experientes
Jan 17, 2017 at 15:46
Seems that for now parity forecasts won't be a reality with the pair moving up towards 1.0720, recovering from its all time lows in December and beginning of January. Both MACD and Momentum confirm the bullish trend on H1 chart.
Gold
em
Negociantes Experientes
Jan 17, 2017 at 15:45
After the reversal in the 3rd week of December, we see now a strong bullish sentiment for the gold against the dollar. Watch out for resistance at 1233 with a good long trade opportunities currently.
GBP/USD daily outlook
em
Negociantes Experientes
Jan 17, 2017 at 15:44
Quite a rally for the pair recently after May's speech, indeed! Like a roller coaster falling down fast and now back up breaking the strong resistance level at 1.2310 and moving further upwards. MACD is close to the zero line while momentum is very bullish.
USDCAD
em
Negociantes Experientes
Jan 17, 2017 at 15:40
I would watch for a short term support at 1.3000 and major resistance at 1.3190. The double bottom seems to be a good sign for reversal into a bullish sentiment. The pair is getting outside the oversold area.
Today !!! Fed Interest Rate Decision
em
Geral
Jan 17, 2017 at 13:55
I also agree on that. We see proofs of this motto every day! 😄
Gold Trading
em
Geral
Dec 27, 2016 at 09:59
I agree with you, XAUUSD broke a key resistance at 1140 so it may start a bullish trend soon. Stronger signals we could expect after the holidays.
Gold Trading
em
Geral
Dec 27, 2016 at 09:57
I think it was already said on this discussion that patience is key and my recent trade on XAUUSD prove it. I held a long position (initially losing) for several days until the pair eventually rose up again and closed it with a profit 😄
What kind of trader you are? Part time or Full time?
em
Geral
Dec 27, 2016 at 09:57
I trade part-time, it works well for me in combination with other sources of income. Recently I tend to hold more trades overnight so I guess swing trading style suits me well.
EUR/USD
em
Negociantes Experientes
Dec 27, 2016 at 09:56
I don't see any clear signal for opening a new position currently. It will be that calm until middle of next week I guess, trading in the current range (1.0423 - 1.0468). Time to take a break and enjoy the holidays 😉
Metatrader 6 MT6 by Metaquotes
em
Geral
Dec 25, 2016 at 08:32
Any expected release date of MT6? With all the hype around MT4 not being supported and focus now mainly on MT5 by MetaQuotes, it would be quite a surprise to see MT6 anytime soon. Maybe by end of 2017? 😄
MetaQuotes stops developing MT4
em
Geral
Dec 25, 2016 at 08:32
I agree with you about the growing popularity of MT5. In my opinion, these 2 platforms target different types of traders/brokers so they both have the reasons to exist and be supported. For brokers with not many instruments and focusing on FX, MT4 is a good fit to offer to traders I guess.
GBP/USD daily outlook
em
Negociantes Experientes
Dec 25, 2016 at 08:30
The pair crossed the support at 1.2270 now trading at around 1.2240. RSI is around the oversold area while momentum is slightly bearish. This could be a sign of trend reversal with the price bouncing up by the market close today.
How binary options brokers lure clients
em
Geral
Dec 25, 2016 at 08:30
Yes, indeed, that could be the case! Well said 😄
Gold
em
Negociantes Experientes
Dec 25, 2016 at 08:30
We now see the XAUUSD price entering a consolidation range with 1142 resistance and 1122 support.
Today !!! Fed Interest Rate Decision
em
Geral
Dec 25, 2016 at 08:30
@togr Talking about bloodbaths, I would like to refer also to what happened with the Dow Jones index around the US elections when the price moved by 1200 points within a single day - http://www.myfxbook.com/files/RichardBills/dowupdown1220points.png. Up and down, unpredictable historical movement. I personally would call this a bloodbath 😄
Today !!! Fed Interest Rate Decision
em
Geral
Dec 25, 2016 at 08:29
Sure, what I was saying is that this is how it goes, there are periods like that and now the pair is again rising. What I said was that in your example you are showing 200 pips difference, not 2000 pips 😄 So my point was just to give the precise calculation, not to argue whether it is a bloodbath or not.
Today !!! Fed Interest Rate Decision
em
Geral
Dec 20, 2016 at 15:40
Well, 200 pips to be precise 😄 but 2000 pipettes 😉 This like that happen during news but for some careless traders it was a bloodbath I guess.
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