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Type: Posts; User: jvoron

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  1. Replies
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    20

    I think to pick a broker the first thing one...

    I think to pick a broker the first thing one should consider is regulation, then trading conditions and the transparency of their business model. Thankfully, there are plenty of good companies to...
  2. Much as I thought the correction would go...

    Much as I thought the correction would go sideways, at least for a little while, the pair aimed straight up. The closest target is around 1.1400, I think.
  3. It bounced off from 1.1325. I think the...

    It bounced off from 1.1325. I think the correction may take the form of a sideways consolidation, for now at least.
  4. The correction started in Friday and next week we...

    The correction started in Friday and next week we may see it rallying to 1.1400.
  5. Let's see how it will develop next week.

    Let's see how it will develop next week.
  6. Thread: brokers

    by jvoron
    Replies
    1
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    21

    I agree. It's important for a broker to have a...

    I agree. It's important for a broker to have a legitimate license, and SEC and the FCA are both very reliable regulators. They're nothing like off-shore regulators, that cannot be trusted at all and...
  7. It pulled back from 1.1200 and I think next week...

    It pulled back from 1.1200 and I think next week we may finally see some correction forming.
  8. It looks very bearish, I agree. We'll probably...

    It looks very bearish, I agree. We'll probably see it depreciate below 1.1300 soon.
  9. It dropped below 1.1200 as I thought it may. The...

    It dropped below 1.1200 as I thought it may. The last low is all the way down to 1.0630, formed in March 2020. It'd be interesting to see if it depreciates to that level eventually.
  10. Replies
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    8,124

    I think it is particularly important not to allow...

    I think it is particularly important not to allow greed to blind you when picking a broker. A lot of scammers would offer trading conditions that are too good to be true. A broker with a proper...
  11. It found some support at 1.1230 but it remains...

    It found some support at 1.1230 but it remains quite bearish for now. So far I don't see any signal that it is about to start a major correction.
  12. The pair continues depreciating this week, as I...

    The pair continues depreciating this week, as I thought it may, next target is likely around 1.1200.
  13. Let's see whether it will continue moving south...

    Let's see whether it will continue moving south next week.
  14. It barely managed to move north and is now back...

    It barely managed to move north and is now back to testing the support at 1.1250. The pair is very bearish still.
  15. Thread: Hope of success

    by jvoron
    Replies
    5
    Views
    112

    I think to succeed one needs two things - one is...

    I think to succeed one needs two things - one is a lot of knowledge and experience,the other is a good broker, because if your broker is unreliable, which is often a problem in this industry, no...
  16. It formed a very obvious doji candle on the daily...

    It formed a very obvious doji candle on the daily time frame around 1.1300, so we may see a correction now after all.
  17. I think we may see some correction after the...

    I think we may see some correction after the latest drop, but after that there will likely be a new move south.
  18. It has dropped to 1.1330 and it remains quite...

    It has dropped to 1.1330 and it remains quite bearish, I think it will likely drop to 1.1300 soon too.
  19. Replies
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    74

    Newbie traders often make serious mistakes, be it...

    Newbie traders often make serious mistakes, be it with their trading or with their choice of brokers, and those mistakes lead to serious consequences, unfortunately, which is why they end up quitting...
  20. It remains very bearish today and it is testing...

    It remains very bearish today and it is testing 1.1435 again. I think the move south will continue this week.
  21. It remains very bearish. I think next week we may...

    It remains very bearish. I think next week we may see a further move south. I wonder whether it will drop below 1.1400 too.
  22. It broke out below 1.1500 after all and it...

    It broke out below 1.1500 after all and it remains quite bearish, we may see it drop further to 1.1400 this week.
  23. Replies
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    1,972

    I think one way to manage your risk is to make...

    I think one way to manage your risk is to make sure that the broker you work with is reliable, as there are a lot of shady companies in the undustry that regulators and law enforcement constantly...
  24. Replies
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    67

    Personally, I think it is good to have both, but...

    Personally, I think it is good to have both, but if one has knowledge, indeed, one can also accumulate further capital.
  25. It's testing 1.1535 again, but so far there is no...

    It's testing 1.1535 again, but so far there is no breakout. I fear this consolidation will continue developing this week.
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