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Type: Posts; User: jvoron

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  1. Replies
    7
    Views
    69

    There are plenty of brokers that offer cent and...

    There are plenty of brokers that offer cent and micro accounts if one doesn't want to invest a lot in their trading. I think the more important thing is to find a properly regulated company, so...
  2. It formed a pinpar on the weekly time-frame too,...

    It formed a pinpar on the weekly time-frame too, between that and the hammer cadlestick at 1.1185 I'd say we'll be seeing a move north soon.
  3. I wonder whether we will see a move north next...

    I wonder whether we will see a move north next week.
  4. Let's see how it will develop next week.

    Let's see how it will develop next week.
  5. Nothing much happened today. Hopefully the...

    Nothing much happened today. Hopefully the consolidation will end next week.
  6. Replies
    8
    Views
    104

    Learning how to trade is no easy task, it takes...

    Learning how to trade is no easy task, it takes quite a bit of effort and discipline and time to do that. But with proper resources I think it is achievable.
  7. It continues consolidating sideways on the...

    It continues consolidating sideways on the smaller time frames, but on the weekly time frame it has formed a distinct hammer candlestick at the support at 1.1185 so we may see a significant move...
  8. It's consolidating sideways again, I am not...

    It's consolidating sideways again, I am not opening any positions when it is this undecided.
  9. Replies
    3
    Views
    28

    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...
  10. 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.
  11. 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.
  12. 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.
  13. Let's see how it will develop next week.

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

    by jvoron
    Replies
    1
    Views
    48

    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...
  15. 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.
  16. 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.
  17. 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.
  18. Replies
    29
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    8,180

    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...
  19. 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.
  20. 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.
  21. Let's see whether it will continue moving south...

    Let's see whether it will continue moving south next week.
  22. 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.
  23. Thread: Hope of success

    by jvoron
    Replies
    5
    Views
    125

    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...
  24. 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.
  25. 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.
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