I think that it is FXCM clients who do a lot of scalping who get put on manual execution. Not the ones who make money. I make money from Gain...
Praise the Lord. Hallelujah. Do I hear an Amen? :p
Make sure you have a lot of money in the account where you decide to short GBPJPY because if GBPJPY keeps on trending up and you don't have enough...
Torosyososfx, you really need to be careful how you use terminology. Let's define free fall. Anyone who has traded forex knows that the market...
My friend, the reason why I outperform most FX traders here is because I outthink them and keep my losses small. At the beginning of my carreer,...
If the interest rate for both brokers is the same for GBP/JPY, then whatever you earned with one broker would be canceled with whatever you lose...
I need to make a correction. Presently, if you were long EURUSD, then this would be a negative carryover trade since short term interest rates in...
I get the impression that you are new to the world of forex trading. That is OK. So was I 10 years ago. So let's first clarify some things....
Thank you. I've been doing this for 10 years. Remember, the FX market trends more than any other market. You must take advantage of this, my...
Good. Don't be a slave to your system. Read the market. Make the trend your friend, my friend.
Stopped out on my long USDJPY from yesterday. Still long 18 USDCHF. USDCHF is now at 1.3106/11. I have a floating profit of $30,319.70 since...
You are correct. I bought USDJPY at 117.15.
From what I have seen, it shouldn't be 1%. That is too much. Try .1%. That is more realistic.
Sold USDJPY at 117.15. A regular ABC zigzag correction seems to have reached its target. 117.09 support held today. Oversold conditions. Since...
Zdreg, looking for that 1% is like looking for a needle in a haystack. It just would not be worth my time to share my knowledge from 10 years in...
It goes deeper than that. Even if an elite trader were to share material with you, most likely you will still fail due to character flaws within...
The book will explain UM Manager's wave count.
Da net, read "Master Elliot Wave" by Glenn Neely.
You are probably correct. In my case, I figure that if I were to explain why I took a position that it would be just a waste of time. I don't...
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