Italy’s financial regulatory body CONSOB issued a warning notice against CVC Ltd., trading under the CVC Groups brand, is not authorized to provide financial services in the country, including trading in forex instruments. The watchdog noted that ...

Black List of Brokers

I too think now is the time to short - the pair might retrace back to 1.4450. That said, even if it retraces I don't think that would be the end of the move to the upside, so even if I short it would be a very short-term position.

Cable Update (GBPUSD)

I really couldn't have put it better. You can profit more if you're more aggressive in your trading style, but you can also lose everything. In my opinion most traders are better off running a marathon, not a sprint.

Can you get rich quickly from forex trading?

I agree. Forex trading is a balancing act between patience and confidence, if you lack either you can make a serious mistake.

What is the most important piece of advice you've received?

I totally forgot about the FOMC statement. Again. I already have a long position and I'll likely keep it in open for now, but I might close in the evening. We'll see.

Cable Update (GBPUSD)

"Be patient. Don't trade just because you want to trade" or in other words, wait for the best moment to open a trade.

What is the most important piece of advice you've received?

Generally I am willing to take even Monthly resistance levels into consideration if and when the pair I am trading approaches them. It all depends on the kind of strategy you're using and where exactly the pair you're trading is at the moment. For ...

S and R levels

The FCA issued a warning against the RBS Bourse binary options broker. According to the watchdog, the company is not licensed to provide financial services and advice in the UK, but has been targeting people in the UK residents. The FCA also notes ...

Black List of Brokers

That has been my impression too. I like that it moves quite smoothly, without too many random spikes, though they do happen like they do in all pairs. Still, this one seems better than the others in that regard.

The best Pairs to Trade?

He most likely will, but I am not opening any new positions right before he speaks. It's too risky.

Cable Update (GBPUSD)

I do agree about it being easy to find information about EUR/USD - it is, after all, the most popular pair out there, out of any and all Forex instruments, as far as I know.

Why is EURUSD better than the other pairs?

Did you have any prior experience before that? One week of training seems very short to me. It took me that long to completely figure out the software and the basics, let alone learn any useful strategies.

Is demo a step before real trading?

The spread is tight indeed, but the pair can be pretty volatile and prone to long periods of consolidation which don't lend themselves well to traders who prefer to trade a trend. That said, I suppose it could be pretty useful to those who like ...

Why is EURUSD better than the other pairs?

That's just painful, I'm sorry. Forex isn't that hard, I think, but it one needs to be careful and constantly study and develop their skills to succeed.

Who's made a million dollars?

They filed a bankruptcy dismissal and a US court has now approved it, because they reached a settlement with a client. Theoretically speaking, this means they will continue to operate, I assume?

ATC Brokers

You make some great points, but can one have 100% about anything ever in Forex trading? I, personally, don't. I always have doubts.

Trading without stop-losses

That's the jist of it, yes. The more risks you take, the more you can earn, but the reverse is also true and often far more likely to happen, unfortunately.

Can you get rich quickly from forex trading?

In order to make a living from Forex you need to be able to make a consistent profit over a long period of time. I've seen people often claim that only 5% of traders make a profit to begin with, so don't think there are many people out there who ...

Is anyone here earning a living, just with forex trading?

That was my impression of it too. It's slow, but also not prone to random spike, at least not from what I've seen so far, which is a good thing in my book.

The best Pairs to Trade?

I have the same problem - someone very close to me is trading on a demo account and has opened a $100,000 account. And I keep telling them that they can never invest that much money, so what's the point of trading like this, their results would be ...

Is demo a step before real trading?