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Is this the start of the end for high leverage?
Started Jan 16, 2015|Trading Discussion|26 replies
I am of the opinion that yesterdays bombshell may well result in regulations requiring a ...
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Jenx replied Jan 16, 2015Late last year I seem to remember getting an email from Dukascopy informing that "Due to the possibility if the 1.20 floor being broken, they were reducing available leverage on EUR/CHF to 1:10. They either knew something we didn't or they are just ...
EUR/CHF
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Jenx replied Dec 20, 2014It isn't.It's just the usual manipulation when a market reaches a bottom/top.Stick out all sorts of news." No end in sight to USD rise" "RBA sees no support to falling AUD " bla bla bla. Remember back in June when the USD was toilet paper and GBP ...
AUD/USD
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Jenx replied Dec 19, 2014
.. I thought there was accumulation at .8655 but obviously that wasnt the case.Once it broke lower I put in a bit of effort to reduce my exposure, but now I'm just keeping it tight. I dont have time to day trade so Im just working on the premise ...AUD/USD
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Jenx replied Dec 18, 2014Sat right here cocka! Got fingers in a few other pies but this pair is manic. Still building my long.Got it to a net value of .8290 now and the swap is still sexy.Easy money if you ask me.
AUD/USD
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Jenx replied Nov 22, 2014Cheers.Good view. TBH I used to trade pivots and was actually doing ok for a while but I found I was soon getting drawn back into that herd mentality.I now try to stay out of the box.
Oppositional thinking on demand and supply
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Jenx replied Nov 22, 2014You've got it spot on buddy.Too many heroes about thinking forex will buy them a yacht before they're 30.Reality is that if you can crack on earning a living doing something else and slowly grow your account in forex, you'll be a VERY wealthy dude ...
Scammers - Hall of Shame
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Jenx replied Nov 22, 2014I have a mate who is an institutional trader in London.It was he who shifted my whole thinking. He has a really good take on the whole thing. When we first met I had only recently started trading.I was having spectacular results on demo and it was ...
Oppositional thinking on demand and supply
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Jenx replied Nov 22, 2014I also read your stuff and we definitely think along the same lines. I actually have a "losers profile" loaded onto my chart. It involves macd, rsi, and a couple of moving averages.This gives me an idea of when the herd will be itching to get in.Its ...
Oppositional thinking on demand and supply
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Jenx replied Nov 21, 2014Give your head a wobble
Right now, I feel that I'm the biggest loser in Forex
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Jenx replied Nov 21, 2014Is a demo account not just like practicing tight-rope walking on a computer game until you're ready for the real thing?
Right now, I feel that I'm the biggest loser in Forex
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Jenx replied Nov 21, 2014True success is Always the Next step.
[/quote]</p> Absolutely 👍Right now, I feel that I'm the biggest loser in Forex
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Jenx replied Nov 21, 2014We've all been demo account heroes. I believe that demo accounts do more harm than good.You only learn from trading live.MM is everyting
Right now, I feel that I'm the biggest loser in Forex
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Jenx replied Nov 21, 2014Too many do not realise how close they were to success when they quit.
Right now, I feel that I'm the biggest loser in Forex
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Jenx replied Nov 19, 2014One things for sure pal, there'll be some great trading opportunities a week Monday.
AUD/USD
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Jenx replied Nov 19, 2014Not sure VA.It was a while back and maybe bs but its true that if price moves fast enough, it doesnt matter what orders you have in place, they won't get filled.
AUD/USD
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Jenx replied Nov 19, 2014I get what you're saying but I know someone who had sl's set when the tsunami hit and they slipped 600 pips.
AUD/USD
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Jenx replied Nov 19, 2014Wow this range is manic. You rarely see one last this long. Still convinced this is MAJOR accumulation event. Been speaking to my mate who's a junior trader in a city hedge fund tonight and he said to me "Can't believe you're still touching spot ...
AUD/USD
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Jenx replied Nov 19, 2014Hello ,how you bouncing? Our chap over in Turkey annoyed one too many people I think. Me? I sorta liked him.Can't beat a never-say-die approach!

AUD/USD