Too long falling candle. Yen is sending it down. GBP<EUR<USD<JPY now.

EURUSD

What is the main conclusion from today´s Draghi´s speech? That they will not help banks with problems? It actually can push euro down. What do you think?

EURUSD

All hail Suntrader! Master of markets! :-)

All Majors and Gold

Where is all the money from gold and silver selling going? Stocks? Bonds?

All Majors and Gold

Me not, my luck. :-) I was thinkign about short with scalping, but not strong move. So I am now doing nothing. :-)

EURUSD

This is madness, I can´t take it anymore. Good bye. :-) url

All Majors and Gold

Now it stands after another strong fall. :-)

EURUSD

Thank you. I think I still have a lot to learn.

EURUSD

Tom_D_Trader, Max_Doom : I am looking at different timeframes and think that there must be at least a correction. It just can´t fall so strongly down, precious metals are considered as safe haven.

EURUSD

Yes, sounds possible, but I thought there are a lot value investors in gold from China, the gold and silver are really oversold now (RSI on H1 graph of silver is 14, it was nearly 6).

EURUSD

It looks that during Asian session it fell as well. I am thinking about poor men, who bought physical gold at about 1800-1900 on the advice of well-known advisers.

All Majors and Gold

Good morning to you all, seems bad Chinese data helping dollar and destroying commodity, which I don´t fully understand.

EURUSD

I am not experienced and I also have bad money management, but you should at least use some money management. If you don´t want to use S/L (me sometimes too, because it bounce from S/L and then turn in my direction), set how much you want maximally ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I really don´t know, why are many of you sending gold to 1300-1400. Gold is safe haven, a store of value. Also I see support at around 1520 (it is historically strong). At 1300-1400, there is no bigger support. 161.8 FIBO of historical high 1920 ...

All Majors and Gold

Thanks, it is possible.

EURUSD

Of course. It is 992*100 000 USD=99 200 000 USD. Daily turnover of forex in the whole world is about 4 trillion USD, with EURUSD pair making about 60% of that value, am I right?

EURUSD

Look at the live trading statistics here, 163 traders long vs. 229 traders short, but 992,8 lots long vs. 83 lots short. What a difference. Maybe Qatari man trusts to euro and went all-in. :-) EDIT : You were faster, peyman. It is really strange.

EURUSD

Maybe on Asia session, but when it would go up if not on fundamental announcement?

EURUSD

I guess on Banco de Matress wasn´t imposed 80% tax.

EURUSD

Usually I am opening positions with minimal size (0,1 lots). 1 pip is nearly equal to 1 USD, so I must be 1000 pips on 0,1 lots trade in wrong direction to close my account on margin call. On commodities there is leverage only 1:33 with minimal size ...

EURUSD