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smikester replied Jan 30, 2018One thing that characterises Forex Factory above all else is the ability of people to sound as though they know what they are talking about whilst uttering complete nonsense. I'm not picking on anyone in particular in this thread, but there are ...
How much do you risk per trade?
- smikester replied Jan 30, 2018
I risk about 5% of my account at the moment. But! My account is not all my capital. I have a notional amount in mind which is the maximum amount I am prepared to lose in Forex trading. That would amount to less than 1% per trade. In other words, you ...
How much do you risk per trade?
- smikester replied Jan 30, 2018
Here's an insight into what a good trader looks for. For the last few days one of the majors has been in consolidation after a long up trend. Here's the trend: image You don't need any indicators or anything to see the trend. We want in. image ...
What should you be doing?
- smikester commented Jan 29, 2018
Wow! Another 10 on your ignore list this month. Suddenly, I don't feel very special.
Saudi billionaire Prince Alwaleed bin Talal is freed after making 'an undisclosed financial...
- smikester commented Jan 29, 2018
So, it's just as easy to nick Bitcoin as it is to nick old fashioned money. So much for the future. Maybe a missing algorithm here? Stolen cryptocurrency reveals its true owner? Oh, sorry, we don't want to be identified do we?
Victims of Britain's first Bitcoin heist are hiding at secret address after masked men held...
- smikester commented Jan 29, 2018
Trump has sought bankruptcy protection several times for his business ventures. Why should we be elated that he's running the country?
Can the Market Get more Dollar Negative?
- smikester commented Jan 29, 2018
Yes. But we already knew the Conservative party was being torn apart by Brexit. Theresa May took a big gamble with the snap election and the damage to her and her party may be already built in to the Gbp price.
Theresa May told: raise your game in three months or face revolt
- smikester commented Jan 29, 2018
But we should believe someone who uses more emojis than words?
Theresa May told: raise your game in three months or face revolt
- smikester replied Jan 25, 2018
Good post. Do you use a function of ATR to judge where your stop loss should be?
What should you be doing?
- smikester replied Jan 22, 2018
Not sure why 1.3852 is strong resistance? I had 1.3835 as a monthly level. I watched that H4 bar too. Gbp/Usd was trading above the previous week's close. The H4 candle looked good but it still closed above the day open. The day closed on a higher ...
Cable Update (GBPUSD)
- smikester commented Jan 22, 2018
As I understand it, at least the European Government is not currently shut down.
Let's See How Mario Draghi Digs Himself Out of This Hole
- smikester replied Jan 22, 2018
We are below last week's close. I always think that is significant.
USD/CAD
- smikester replied Jan 22, 2018
I don't really see much opportunity in the majors at the moment. Everything seems to be consolidating. However, consolidation break outs can be very lucrative for the longer term trader. Take a look at the monthly and weekly charts and look for ...
What should you be doing?
- smikester replied Jan 22, 2018
Simple and obvious, but only when someone points it out!
What should you be doing?
- smikester replied Jan 21, 2018
I would suggest using a micro or nano account for a few weeks to assess how well you can do. Do a web search for an "award winning broker". Maybe do a bit of research by asking people here.
What should you be doing?
- smikester commented Jan 18, 2018
The first one I checked hasn't updated its website since 2008. There are only 10 on the map.
Ripple co-founder loses $44 billion on paper during cryptocurrency crash