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Type: Posts; User: jvoron

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  1. Unfortunately, a lot of jurisdictions have capped...

    Unfortunately, a lot of jurisdictions have capped leverage at pretty low levels, and that is something traders just have to deal with to be able to use properly regulated companies.
  2. I was convinced the move south would continue but...

    I was convinced the move south would continue but clearly the correction is not over yet and I was wrong. It looks like next target is around 1.1700.
  3. It is quite bearish again today, but it is yet to...

    It is quite bearish again today, but it is yet to break out below 1.1600 properly. I think it is a matter of time though.
  4. It bounced off from 1.1590, so for now the...

    It bounced off from 1.1590, so for now the consolidation continues. I still think the overall trend is bearish though.
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    True, people often lose...

    True, people often lose money, unfortunately. I think, to avoid that one needs to know both how to trade and how to pick a safe broker.
  6. It's pretty bearish as I thought it would be, I...

    It's pretty bearish as I thought it would be, I think it will likely drop to 1.1550 next.
  7. Let's see whether next week the move south will...

    Let's see whether next week the move south will continue.
  8. I was expecting a move south after the double top...

    I was expecting a move south after the double top around 1.1670 but it's clearly stuck in a sideways consolidation for now. We'll see how it develops next week.
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    I think before checking even the demo platform it...

    I think before checking even the demo platform it is important to figure out whether the broker is properly regulated. If it is not, working with it is likely risky and it's best to avoid that.
  10. It formed a double top around 1.1670, I think it...

    It formed a double top around 1.1670, I think it will likely drop again as part of the correction.
  11. The move north is continuing for now, I think it...

    The move north is continuing for now, I think it may reach 1.1670. Let's see if it will form a double top at that level.
  12. It climbed to 1.1670 and pulled back from that...

    It climbed to 1.1670 and pulled back from that level, although I doubt the correction would be this shallow.
  13. I think the other thing to look for is regulation...

    I think the other thing to look for is regulation - pick brokers that are properly regulated to be sure they would be honest you, that way you won't lose money to shady broker practices.
  14. It's forming a correction at the moment, I think...

    It's forming a correction at the moment, I think next target would be around 1.1630.
  15. Hopefully, next week the move south will continue.

    Hopefully, next week the move south will continue.
  16. Let's see how it will develop next week.

    Let's see how it will develop next week.
  17. It's consolidating after the big drop, but I...

    It's consolidating after the big drop, but I doubt we will see any big changes this week before the market closes.
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    Licensed brokers are certainly much safer...

    Licensed brokers are certainly much safer than unregulated companies, so it is always prudent to stick to the former, not the latter.
  19. It bounced off from 1.1525 and we may see some...

    It bounced off from 1.1525 and we may see some correction, but I think it remains bearish for now.
  20. It found some support at 1.1520, but I think...

    It found some support at 1.1520, but I think after some correction it will keep falling. It has broken below every major support so far and the way down is clear.
  21. As I thought, the move south continues, there...

    As I thought, the move south continues, there wasn't even a retracement before that. Next target, I think, is around 1.1500, but it will likely break out below that level too.
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    I agree, the best broker to use would always be...

    I agree, the best broker to use would always be one with a proper license. The rest are not particularly reliable.
  23. It's consolidating around 1.1560 at the moment...

    It's consolidating around 1.1560 at the moment but I think we'll see another depreciation this week, possibly after some retracement.
  24. Let's see how it will develop next week.

    Let's see how it will develop next week.
  25. Even though it found some support at 1.1550, I...

    Even though it found some support at 1.1550, I think that next week we will see it depreciate further.
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