2-3 weeks for 1.1255 and 10-12 weeks for 1.1650 my prediction could be much quicker, but trying to stay realistic as we know EU went 1.10 to 1.17 in 4 days in August

EURUSD

offshore yuan perhaps found temporary support on the daily on a retest and rejection of 6.73 area

EURUSD

brokers that have been in business 15 years don't go belly up. and that is why 50:1 leverage is offered... so you don't need to keep very much capital in your account to trade at your full buying power spot brokers don't just change their prices ...

I'm quiting trading but can someone elighten me on this?

10k was always the minimum for Interactive Brokers. Oanda is still $100 or something like that. Really? You truly believe retail Forex will only be at 4:1 leverage, when retail leveraged stock trading is significantly higher than that? And stocks ...

Will forex ever end for retail traders like us

Exactly, with proper money management and knowing when price is cheap relative to momentum... one can make a living. Anyone who says it's a casino doesn't know what they are talking about.

Will forex ever end for retail traders like us

US lotteries will die before retail forex and futures trading (which means, never). Why? Because forex trading and futures trading are more profitable to the government than the lottery is. All these brokerages making 100s of millions in commissions ...

Will forex ever end for retail traders like us

So many doom and gloomers here have no clue what they are talking about. Retail forex isn't going away, nor is it going down to 1:1 leverage. It is LEVERAGE ITSELF which allows the markets to remain liquid. LEVERAGE makes the world go round, ...

Will forex ever end for retail traders like us

futures market isn't the real market.. its only something like 10% of the volume i understand what you are saying though, that during NFP retail brokers mark up the spread. but that happens with futures brokers too people should be going flat into ...

I'm quiting trading but can someone elighten me on this?

Agreed, timing is more important.. which is why I place more emphasis on technicals than fundamentals With fundamentals and low leverage you can make money, but you will have your capital tied up in one trade for months at a time, waiting for a move ...

EURUSD

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EURUSD

Yes, it's a technical correction, and valuation is also ridiculous. The fundamental EU short story is still intact, but the valuation will hinder that story for the next 6-12 months. Until EU trades at least 400 pips higher it's not really worth ...

EURUSD

I understand the fundamentals support a continued EURUSD bear... and that's exactly why it won't continue going down. The fundamentals are too obvious, and there is little profit left to be made on the downside, but the upside risks are enormous. ...

EURUSD

his returns are consistent but he uses martingale strategy, so he could blow up the account. if he used that strategy to long when EUR fell 3500 pips he would have busted the account. lol, it's this kind of thinking that will get you into trouble ...

EURUSD

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EURUSD

Curious why EU has a rally after a jobs report 90k over consensus? The initial reaction are the fundamental traders, who sell EU off that number alone. Then the smart money (valuation traders) use that liquidity to buy. Also strong jobs report ...

EURUSD

Thats incorrect it wouldn't have been hit, price would have still bottom where it did. The universe isn't conspiring against your 0.10 lot Even if it was 100 lots it wouldn't have gone any lower to ensure your stop was hit .7300 was the major low, ...

EURUSD

might trim along the way up

EURUSD

This MIGHT be why you are seeing bulls, weekly doji. It was definitely bearish to start the week but a full reversal of the weeks range and close above weekly open is typically bullish. I'd really like to short at 1.1250, depending on PA of course

EURUSD

audnzd setting up for 300 pip rally

EURUSD

i dont know... trade explorer says its a live account.

EURUSD