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Forexia commented Sep 6, 2015EXACTLY!! And by creating a cheaper local currency like what this region in Quebec did, you effectively help to stimulate the Greek economy by being able to make money again on Greek-made products/services not from international market but its own ...
The Foundations of Greece’s Failed Economy
- Forexia commented Sep 6, 2015
Stupid MSN changing the link to the story. Read the link below for the real story: url This I think will help Greece in that it allows them to create a cheaper currency that will help them make money from their products & services when being stuck ...
The Foundations of Greece’s Failed Economy
- Forexia commented Sep 6, 2015
This is what Greece should do to boost its economy: url They are stuck in EU with a way too expensive euro for them to ever compete in the global market. So this is one way for Greece to create a cheaper currency for them to spend local to ...
The Foundations of Greece’s Failed Economy
- Forexia commented Sep 5, 2015
This is what Greece should do to boost its economy: url They are stuck in EU with a way too expensive euro for them to ever compete in the global market. So this is one way for Greece to create a cheaper currency for them to spend local to ...
Would leaving euro be more of a catastrophe for Greece than staying?
- Forexia replied Sep 4, 2015
Very good read! Just as I thought that trading through a prime broker is the best in that you get access directly to the dealer on the interbank market. One thing about the "Hot Potato trading" though: Wouldn't it be more efficient for Customer A ...
Brokers and Banks as an Institutional Trader
- Forexia replied Sep 3, 2015
Due to the break between the ending of one session and the beginning of the new one, there is usually a price gap from the time that the old session ended and the time when the new session begins. Because nobody was trading during that time, there ...
Is anyone here an institutional trader?
- Forexia replied Aug 31, 2015
I am no institutional trader but I ALWAYS close my trades at the close of NY session because: 1) I don't want to risk the gap between the close of one session and the opening of the next one and if I am making a profit, I want to protect it from ...
Is anyone here an institutional trader?
- Forexia replied Aug 31, 2015
No, fear has absolutely NO place in trading. What a lot of people do is confuse fear with vigilance which is what you are referring to, always staying awake, aware and alert of what is happening in the market and always ready to take prompt action ...
How to overcome the fear in trading!
- Forexia replied Aug 31, 2015
Well that's WHY you trade demo as if it's live. If you don't trade only 1 lot in real trading (which is perfectly fine), then you trade only 1 lot in demo as well. As stated in my first post on this issue, you ask the broker to scale down your demo ...
How to overcome the fear in trading!
- Forexia replied Aug 29, 2015
Yes but if you have tested THOROUGHLY your trading plan in EXACTLY the same trading condition as in live trading and see that the plan is consistently profitable. Then what are you afraid of? The demo just proved it to you that it's going to make ...
How to overcome the fear in trading!
- Forexia commented Aug 29, 2015
If I were Yellen I would hold off hiking the interest rate until at least next spring. Seriously US's economy hasn't grown that much to warrant a rate hike. A rate hike's purpose is NOT to prevent inflation; it's to dampen an existing inflation to ...
Catch-22 for Zhou as Yuan Support Means Quantitative Tightening
- Forexia commented Aug 29, 2015
He should REALLY leave the currency rates ALONE and instead he should concentrate on how to make the economy stronger because that is the REAL reason for the depreciation of the Yuan!!! There is a reason WHY the yuan is going down it's because the ...
Catch-22 for Zhou as Yuan Support Means Quantitative Tightening
- Forexia replied Aug 28, 2015
Those that you have picked up are pretty much the news that you need to watch out for. And the same goes for all other countries' currency. Any time a central bank announces something or an employment report comes out for a country, better not to ...
Which days to avoid trading?
- Forexia replied Aug 25, 2015
I think the primary reason why traders use technical analysis many times over fundamental analysis although the fundamental factors may drive the price but the results can be still unpredictable and technical analysis many times provides the ...
The Secret Indicator?
- Forexia replied Aug 25, 2015
No MM's are MM's no matter whether it's at institutional level or retail level and no matter the size. Think about it. If they are taking the other side of your transactions, WHY would they want you to win? It's a zero-sum game. You will only win if ...
ECN vs Market Maker(MM) Forex Broker
- Forexia replied Aug 25, 2015
The banks are the ULTIMATE MM's in the forex market and they are among the worst! They employ pretty much the same dirty tricks that casino brokers at retail level do, requoting, last look etc. Just because they are bigger that does NOT mean they ...
ECN vs Market Maker(MM) Forex Broker
- Forexia replied Aug 24, 2015
Most of the more known brokers in retail forex are MM brokers that hedge. Some hedge against all clients trades like Oanda and FXCM, some hedge against just the successful traders but trade against the unprofitable ones called B-booking. Why make ...
ECN vs Market Maker(MM) Forex Broker
- Forexia replied Aug 24, 2015
Market maker brokers or what I call casino brokers keep getting opened because it's easy money. They trade against their clients and they win no matter what. If they win, their clients lose, they win. If they don't win and their clients win, they ...
ECN vs Market Maker(MM) Forex Broker
- Forexia commented Aug 21, 2015
Well with Viagra, that's not too hard (no pun intended) to achieve nowadays.
Silvio Berlusconi's sex parties revealed in detail