Looks like 0.7486 is holding for now. If this support breaks, the next one is at 0.7445, otherwise it's to see Santa Claus, we go!

NZD/USD

Of course. More currencies will disappear as more countries from close geographical areas, similiar cultures and etc. would want to form unified economies like EU. Eventually, we would just see six or seven currencies in the world, NA Dollar (North ...

Do you think that forex trading will end?

I see the most immediate support is at .7486 and then at .7445 if .7486 is broken. If NZD is strong, .7486 should hold for some time.

NZD/USD

Yup looks like US citizens won't fare much better to go with off-shore brokers to escape the low leverage cap if this is the kind of brokers that are out there. Unless of course that you go for those European brokers but I heard that FSA is ...

inovaTrade Broker Discussion

Thanks for the update. Sounds a little fishy to me though that their bank wires would be "stopped" in the US. Who's stopping their wires? CFTC? So far they are being sued, not sure if CFTC would have the authority to "hijack" any company's wire ...

inovaTrade Broker Discussion

The irony is InovaTrade got sued by CFTC just because they didn't register with CFTC for acting as RFED or FCM. It didn't mention anything of their wrongdoings. The press release contained in the link above only mentioned their registration issue ...

inovaTrade Broker Discussion

MM's, Fibo lines and candle formations are all "indicators", they can all be members of your indicators team which is to tell you when the "big moves" are coming or are here.

Help me get 100% Win Ratio & 10 pips a day

LOL !

AUDUSD for informed traders

Good to know. Thanks, Petr1029!

broker for high volume traders

Indicators are meant to tell you something meaningful or give you a clue about possible future price movement but they do NOT dictate how the price will move in the future. Price movement still takes central stage. It's true that those "BIG PLAYERS" ...

Help me get 100% Win Ratio & 10 pips a day

I am not a scalper. Still counted today as a totally wasted day for me.

EURUSD

Not when you have wasted a whole day of your life and 40 pips of your money!

EURUSD

very shitty

EURUSD

Not likely to go up any higher for today. 45 is being optimistic.

EURUSD

Buying JPY? Aren't they supposed to be in a "concerted effort" to sell Yen to help Japan recover its economy? Sneaky bastards! Although USD/JPY has been falling all day since this morning, hmmmnn...

EURUSD

Not today it looks like. My TP for EU is at 1.4245.

EURUSD

I know. For EU, the break is what I am waiting for. There is no reason for EU to go down unless one of those irresponsible countries f***s up again. For USD/CAD, it better be a short rise which is what it really should be. Only when I think I am ...

EURUSD

EXACTLY! So why am I seeing USD/CAD going UP when it should be going DOWN because the oil's been rising all day?? And what's with EU? We are supposed to be a rally. This is it?? Pathetic!

EURUSD

Ha! After washing all my dishes in the sink, my EU is finally going up! But what's with USDCAD? Everything is point to it to go down but it spiked up like 20 pips, what gives?!

EURUSD

Did I say Ichimoku alone on its own? I just said try Ichimoku which means add it to your arsenal of indicators, take a look at it.

Help me get 100% Win Ratio & 10 pips a day