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OANDA Discussion

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Thing that might improve your trading (Currency Index)

A good calculation is multiple all regulatory fines by 10 or better 20 (regulatory fines are on average probably not even 1/10th of the gains from the "actions" and max 1/10 of all actions are fined so it would be more like *100) and deduct that ...

US broker PFGBest freezes funds after founder's suicide attempt

People might want to consider not just how good the capital base of a broker is but also WHY it is so good / how they earned that money. Jason... besides my comments to your wonderful "help" to the community (or was it for yourself? I don't ...

US broker PFGBest freezes funds after founder's suicide attempt

Thank you for helping people find the right broker. In the future you might want to add the following to your list of advices: Don't choose a broker that actively defrauds their customers. Especially when it does it in such a blatant way that it is ...

US broker PFGBest freezes funds after founder's suicide attempt

Played out exactly as mentioned. First upside crap since not USD based then broad USD flip M3 upwards and off they went with nice entries based on strong minors supporting USD shift.

AUD/USD

Yeah shortterm its about EU holding that 37 or 07 area. If it does we could be looking a lot higher in EU which depending on the minors could push AU up to uncomfortable levels for new shorts. Right now we are looking at usdjpy probably in ...

AUD/USD

yes

AUD/USD

Until USD turns on at least M3/M5 nothing is set in stone anyways. The current AUD upside is - at the moment - as bad as the downside was so

AUD/USD

Careful with them horses. USD hitting a lot of resis on H1. Might very well be the bottom on multiple majors till Bernie.

AUD/USD

That makes about 5 pips on AU since then and about 35 on EU.

AUD/USD

Yeah well i have to admit i was short AU initially too but bailed quickly at +4 since AUD + CAD are pretty much the strongest -> most crap trade right now. EU was gone though so r/r not decent for me -> no cookies for me. Could kick my ass though... ...

AUD/USD

[quote=aqeelaputra;5851649] IMM traded high was 1.0324, some composite feeds reached 1.03256 but who cares. Such posts are only for ones own ego and should not concern you since they hold 0 valuable information.

AUD/USD

Careful. The money is/was in EU/GU not AU. AU is just getting dragged along. Would need a retrace/flip on the minors first to make it the better trade.

AUD/USD

Not anymore. EU, GU, UCAD, NZDUSD flirting with downside. M5/M15 failed upside so far. Nothing set in stone yet though. Would like EU/UCAD longish on M5 first with GU somewhat in line.

AUD/USD

TA wise anything can be used. I like to keep it as simple as possible though. The edge isnt necessarily in being 100% right on that single pair but on the broad market. So you want something that you can look at and pretty much make an instant ...

Money flows: Trading the strongest / weakest major currency cross

Hi, well it depends on how you want to apply it. Overall your thoughts are correct but 1) usdjpy was slightly bearish on the daily -> usd weaker -> trade would have been audusd 2) for an audusd - as in usd major trade you definitly want some usd ...

Money flows: Trading the strongest / weakest major currency cross

That's where the whole leverage discussion comes from. People not understanding that a proper _intraday_ entry does not move 50 against you. Leverage is only defined by risk aka SL. If your SL is tight your leverage seems to be high with 1% risk, if ...

Is it good use high or low leverage as a beginner?

I can explain it to you Most people here don't know shit about proper entries. Usually those are the ones with the "you can only trade daily/weekly... everything else is random noise / gambling / only fundamentals work" blah blah blah. Everything ...

Dukascopy

I think you got something wrong there. I never stated that you should trade that market. I just stated that it is actually impossible to "close" the fx market at any time. I would never trade with Oanda or any of the marketmakers that are so ...

OANDA Discussion