Look, when market conditions are abnormal, and/or there is higher than usual activity on the market, brokers - especially retail brokers are at higher risk to make or lose money. Thats when most traders "suspect" of fishing, and thats when some ...

Movements of Forex, and using a stop loss

were just talking pal, no problems. But just out of curiosity - whats your experience on FX? how long did you last for far without stops?

Movements of Forex, and using a stop loss

Stop aren't just good - they are essential. forget making money - if you want to survive, one has to use stops. IMHO.

Movements of Forex, and using a stop loss

I am also trend trader and dont trade intraday, but trust? hmmm... you cannot trust the trend. Of course, I trust trend more than by broker , but still, trust is not the best thing to do talking about anything on market. The only thing to believe, ...

Movements of Forex, and using a stop loss

do you watch your trade 24/7? what if the level is broken during your off market hours? will you wait for price to come back to that level? when is that gonna happen? or will you close @ first price you see? if so, why take loss "as much as it it" ...

Movements of Forex, and using a stop loss

stop loss = must Are all your trades 100% profitable? no. So, you are closing a loosing trade, right? so you do have a stop for yout losses, but you dont put an order because of "broker fishing". Thats ok (barely, but ok)... because: very few people ...

Movements of Forex, and using a stop loss

we got questionable hour candle... for now only cable managed to break above its resistance. euro is still below its asia highs of 13150

Cable Update (GBPUSD)

Yes it had. But hour close above 1.94 takes us to new trading range. Now bulls should take the price to 1.95

Cable Update (GBPUSD)

Here we go - 1.9460... channel is out, confirming even stronger bullish sentiment on the market

Cable Update (GBPUSD)

Technically, I see only a channel which can just at this point stop cable from advancing. But even if this channel holds, eventually price should retest the 1.9500. On the longer term we have strong signs of uptrend development. my 2c Rezo

Cable Update (GBPUSD)

agree. that was first ground loss since it started rising from all time 0.82 low also agree. I just wanted to stress, that usual market conditions cannot cause euro to go all the way to 2.0000 as it was said above. Regards, Rezo

Dollar Bust?

Here is another one for mini accounts, which IMHO offers weekend executions: Easy-Forex

Big Boys DID IT AGAIN

And believe me, FXweek award is not a small thing. This is the voice everyone respects in FX world. Its comparing such banks as UBS, Citi etc...

Big Boys DID IT AGAIN

Yep, Oanda is the one for small accounts. If you are seeking for more serious thinig - a bank, then the only one I know is SAXO Bank Minimum account is 10k Synthesis Bank also claims to have a TradingFloor, which operates 24/7. I am not familiar ...

Big Boys DID IT AGAIN

the day is not over yet lets see how it goes we had first retreat and bounce from there for now there are enough buyers to push price back above those levels. but who knows what will happen if market tests those levels one more time? for now we ...

Big Boys DID IT AGAIN

Ok, we filled the gap on EURUSD, and are almost there on cable. But I see price bounced from 1.3100 levels and 1.9340 accordingly... there are buyers on those levels.

Big Boys DID IT AGAIN

yes.

Big Boys DID IT AGAIN

ok, I'm taking off. Good luck all!

Big Boys DID IT AGAIN

Simple and best interpretation will be: if we dont fill the gap today (i.e. we dont reach friday levels), then this will mean down-down-down for the dollar. and if we dont fill the gap this week - even worse.

Big Boys DID IT AGAIN

I dont do waves, but we had a break of a triangle + chanel, then we came back to the breaking line. At that stage, I thought it was dangerous to go long, but then on 21th, when we slowly-slowly retraced and crossed upside the formation, I went long ...

Big Boys DID IT AGAIN