I think the current move to the downside won't end before the pair reaches 1.1100 again. I have a short position still open.

EURUSD

It doesn't sound weird and funny to me. I actually think it can be a good idea, at least for certain kind of people. But if one is like me and suffers from almost uncontrollable curiosity it won't work. I know myself and I know I'll always want to ...

How to Become Emotionless

That's one way, I suppose. But one still knows it's there, so I don't know how effective that approach would be.

How to Become Emotionless

True, but we should do our best to make sure we limit our losses as much as possible. Setting up a stop loss is one of the ways to do that.

Trading without stop-losses

There are three very good reasons I can come up off the top of my head why one should avoid news trading: 1. Big spreads 2. Whipsaws 3. Unexpected results that drive the market in the opposite direction of one's open positions.

Exit during news?

No, Forex is not reliable. Even international regulators warn traders that CFDs, Forex and binaries are speculative, with high risk of loss. Between the lack of knowledge, experience, unethical teachers, even less ethical brokers and outright ...

Is Forex reliable?

I, personally, would really avoid any GBP pairs at the moment. They are too influenced by politics and politics can be unpredictable.

The best Pairs to Trade?

That pair is headed towards the previous high at 0.7320.

NZD/USD

Spikes during weekends are normal, I only check what the situation is right before the market opens on Sunday.

Cable Update (GBPUSD)

I agree. There are suitable strategies for most currency pairs out there, one just has to know how they behave in order to use the proper strategy for them.

The best Pairs to Trade?

There are people who do trade Forex for a living, but I don't think that's the majority of the traders out there. If the statistic that 95% of traders lose money is true, that would mean that only 5% profit. How many of those 5% profit regularly ...

Is trading FX for living a myth?

I have longs for now, I wish to use that climb while it lasts.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Both brokers will be acquired by a third company - Nukkleus Inc. - in a reverse takeover and that company will represent them NASDAQ index. The documents have been filed with SEC already.

IronFX and FXDD to merge, go public

"The stock market is never obvious. It is designed to fool most of the people, most of the time." - Jesse Livermore

Popular forex quotes

Gold is still struggling to break below 1310 and it may not succeed before the FOMC announcement tomorrow.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

"Many people seem to think that the chance in price in any one day is complete in itself and bears no relation to larger movements which may be underway. This is not so." - Charles Dow

Popular forex quotes

That will probably continue until the FOMC statement on Wednesday.

AUD/USD

Either way, the broker restored the Turkish Lira trading, starting today. They also hiked up its margin requirements of 5% for all new positions too. Makes sense, the Lira is becoming as dependable on politics as the Pound.

Experiences with FxPro

The easiest solution here is to have two platforms from two different brokers open so you can compare the differences between their 4H charts.

which time frames to use

That was exactly my point as well - you can become rich off Forex, but that's not something that can come quickly or easily.

Can you get rich quickly from forex trading?