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Type: Posts; User: jvoron

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  1. Replies
    4
    Views
    27

    True, it's difficult to pick a broker. One of the...

    True, it's difficult to pick a broker. One of the main problems for newbies is how differentiate between scammers and legitimate companies - and that is further complicated by the fact that some...
  2. It broke out above 1.1800. I think it will rally...

    It broke out above 1.1800. I think it will rally to at least 1.1900 this week.
  3. So far it's testing 1.1810 - the range is getting...

    So far it's testing 1.1810 - the range is getting tighter and tighter, soon we should see a breakout.
  4. 31 arrested in the Philippines in connection to an online crypto scam

    The Philippine police apprehended 31 people involved in a cryptocurrency scam. The group was called Roses 4U Inc. and scammed people through an online call center to solicit investments in foreign...
  5. It bounced off from 1.1770 and is rather bullish...

    It bounced off from 1.1770 and is rather bullish at the moment, it may climb above 1.1800 to gear up for another attempt at the support at 1.1770.
  6. Let's see whether it will drop below 1.1770 next...

    Let's see whether it will drop below 1.1770 next week.
  7. It closed at 1.1770, let's see whether there will...

    It closed at 1.1770, let's see whether there will finally be a breakout next week.
  8. 1.1760 - 1.1770 is a very strong support indeed,...

    1.1760 - 1.1770 is a very strong support indeed, I doubt we will see a breakout this week.
  9. Replies
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    1,029

    To avoid being scammed you have to work with a...

    To avoid being scammed you have to work with a broker with a proper license. The vast majority of scammers, according to state financial regulators, are unlicensed.
  10. It remains undecided still. So much about the...

    It remains undecided still. So much about the range ending this week.
  11. Hopefully the fundamentals this week do cause a...

    Hopefully the fundamentals this week do cause a breakout because the range has lasted long enough already.
  12. The range continues for now though and there is...

    The range continues for now though and there is no indication for a breakout for the moment.
  13. Thread: Loss in trading

    by jvoron
    Replies
    8
    Views
    1,527

    Sometimes even that doesn't help. A lot of losses...

    Sometimes even that doesn't help. A lot of losses happen due to the shady practices of various brokers.
  14. It's testing 1.1770 - 1.1750 again. We'll see...

    It's testing 1.1770 - 1.1750 again. We'll see this week whether it will drop below that level finally.
  15. The market should reopen soon, the move south may...

    The market should reopen soon, the move south may continue.
  16. Let's see how it will develop.

    Let's see how it will develop.
  17. It's testing the support at 1.1800, let's see...

    It's testing the support at 1.1800, let's see whether it would drop below that level eventually.
  18. Replies
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    50

    Indeed. And the risk is for everyone, even for...

    Indeed. And the risk is for everyone, even for the banking institutions.
  19. It depreciating back toward 1.1800 now. It's...

    It depreciating back toward 1.1800 now. It's stuck in a sideways range alright.
  20. I think it is still very undecided and stuck in...

    I think it is still very undecided and stuck in the range. For now it's climbing back toward 1.1850.
  21. The market is undecided, it's stuck in a sideways...

    The market is undecided, it's stuck in a sideways consolidation.
  22. Thread: Money in Forex

    by jvoron
    Replies
    13
    Views
    185

    Perhaps. Most people lose money though,...

    Perhaps. Most people lose money though, especially due to the many scams that are a big problem for this industry.
  23. It bounced off from 1.1880. We may see it...

    It bounced off from 1.1880. We may see it depreciate back toward 1.1780.
  24. We may see a further move north next week.

    We may see a further move north next week.
  25. Let's see how it will develop next week.

    Let's see how it will develop next week.
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