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Mingary replied Jul 6, 2014That will stop a few of the dumb and lazy of the bunch. Less money for the bucket shop. Go NFA go.
NFA Approves Prohibition of Credit Cards to Fund Retail FX
- Mingary replied Jul 6, 2014
An example of how I trade Order Flow: url
OrderFlowTrading.com - Interactive order-flow trading thread
- Mingary replied Jul 6, 2014
NFA Approves Prohibition of Credit Cards to Fund Retail FX Good move. The more dedicated forex muppets won't lose as much as they could with they 23 % interest credit card. They will be forced to provide much needed food and shelter for the family ...
NFA Approves Prohibition of Credit Cards to Fund Retail FX
- Mingary replied Jul 5, 2014
It's all 100% subjective. Not reliable. The price can do anything even create those enthralling patterns with so many studies, books, trading systems and articles wasted on them.
Can someone explain patterns please?
- Mingary commented Jul 4, 2014
Obviously Mr. Stanley is buying the Euro.
EUR Is A Sell; We Hold EUR/USD Shorts - Morgan Stanley
- Mingary replied Jul 4, 2014
Patterns appear and disappear with no reliability whatsoever...
Does eurgbp have the most fib levels?
- Mingary replied Jul 4, 2014
Illusion of time frames - I would say it's a delusion! As if something of value can be revealed by boxing in price activity ! To divide price activity into time frames makes no sense at all. What makes sense is to note the "effort from point a to ...
Illusion of Time(frames)
- Mingary commented Jul 4, 2014
10 of my friends already withdrew 10 million dollars this year. so there..
3 Things I Wish I Knew When I Started Trading Forex
- Mingary replied Jul 4, 2014
Let's say that Value = price Price without commitment means nothing. By this I mean that value only has meaning in terms of the money-at-risk Winning trade = good value Losing trade = bad value
Understanding value
- Mingary commented Jul 4, 2014
GBPUSD: more news to entice the herd to sell the pound ... higher highs are coming.
AUD/USD, GBP/USD: Is A Top In Place?: Levels & Target? - Citi
- Mingary replied Jul 3, 2014
The only source of knowledge is experience; but experience is a cruel teacher, it gives a test before presenting the lesson.
Is it worth paying for an online trading course?
- Mingary commented Jul 3, 2014
oops ... time to get out of stocks and move to cash
Dow 'could go to' 20,000 by year end: Jeremy Siegel
- Mingary replied Jul 3, 2014
I'm currently considering trying out the following course: 2ndskiesforex.com/advanced-price-action-course ==> avoid like the plague Do you think this would be a waste of money? ==> yes! Has anyone here tried this course? ==> no need, they are all ...
Is it worth paying for an online trading course?
- Mingary replied Jul 3, 2014
Not necessary for me, I just love writing checks or paying cash to any vendor who says the system, EA or training is making millions for all the happy customers. The vendor's word is good enough for me. I am also the happy buyer of a nice bridge in ...
Vendors who don't show a trade explorer are not credible
- Mingary replied Jun 29, 2014
Yes, I agree. But don't you think it's deceitful to promote retail forex as a 5.3 trillion dollar market a day, when clearly it is not - and far from it - and that is intentionally misleading and a lie?
How much is needed to move the market?
- Mingary replied Jun 29, 2014
I don't see how you can get "billions of dollars an hour" ... Anyway, that is not important. What is important is that you never, ever see "the stock market is a 6 trillion dollar a day market", because that would be a lie. But in forex it's ok to ...
How much is needed to move the market?