There's not much liquidity on the market today, probably the whole day would be too early to trade.

EURUSD

I shorted again, but I think I'll close it around 111.40. There's a doji candlestick on the daily time frame and a shooting star candlestick on the four-hour time frame, it should start falling again.

USD/JPY Discussion

Thankfully only one of those seems to be working at the moment. Too bad the other didn't get taken down too.

Black List of Brokers

GBP/USD definitely found some support at 1.4050, not to mention that there's a hammer candlestick on the 4-hour time frame. I think it will retrace back to 1.4150.

Cable Update (GBPUSD)

I closed my shorts. It will probably retrace now, and I won't open them again before a breakout below the previous low.

USD/JPY Discussion

You're talking about brokers, I assume. I'd add that the broker has to be licensed and regulated, and preferably by a big, reliable regulator, not in an offshore zone if possible.

the most important things in forex

Sure one can trade without a stoploss, but should they? I mean, everything happens, from power outages to computer malfunctions, it's best to have something to stop your trade in case you lose control of your platform for whatever reason.

Trading without a stop loss!

Generally speaking, some pairs can be better than others. For example, EUR/USD is pretty volatile and prone to random spikes, at least in my experience. USD/CAD, on the other hand, moves pretty smoothly. That said, it also depends on your strategy ...

The best Pairs to Trade?

That was a great jump, but it still wasn't enough to break above 0.6900. I'm thinking about opening shorts if I see the signal for it.

NZD/USD

The FCA issued a warning against FX Sep Investor Services, aka FXSep, which is a clone of Scottish Equity Partners LLP. The clone provides little information about itself on its website but claims it is certified by an entity called "Financial ...

Show me a scam broker

Well, it reached 1.2950. Now what though? Do you think it will break below that level and continue falling?

USD/CAD

I only caugh 45 pips from that rally. Oh well, next week it will continue rising towards 1.4500, I think.

Cable Update (GBPUSD)

Whatever it was, it fell again. Next week it will probably test the support at 1240.

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

I'm waiting for USD/CAD to break below 1.3230 to short again.

USD/CAD

This is frustrating. For a moment there I thought there'll be a breakout above 1280, but apparently that didn't happen. Can the last two attempts to break above that level be counted as a double top?

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

I think that if it breaks below 0.7460 it will fall to 0.7400, I have shorts for now.

AUD/USD

I think they also got fined by CySec. It's good to see justice served for a change.

Black List of Brokers

I think the break should be at 1280, where the previous high is, to confirm the bullish trend.

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

Personally, I'd be pleased with a 10% increase of my account in the end of the month. One can certainly profit more, but that means taking more risks.

how much do you earn per month trading forex?

Trading is like learning a new job - it takes time and effort to become good at it. And even then it's something you can do automatically. Still, if you are good at it, it can be pretty rewarding.

Trading is Extremly hard!