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Type: Posts; User: jvoron

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  1. Let's see how it will develop next week. A...

    Let's see how it will develop next week. A correction is quite likely.
  2. Clearly the move south did not end. Next week we...

    Clearly the move south did not end. Next week we may see more depreciation before a correction finally begins.
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    When I pick a broker the first thing I check is...

    When I pick a broker the first thing I check is regulation. If the company doesn't have a proper license from a reputable regulator, I don't even bother. There are too many scammers in the market,...
  4. It dropped to 1.1885 but I think the depreciation...

    It dropped to 1.1885 but I think the depreciation is over for the moment and we may see some correction.
  5. It finally broke out below 1.2100 and it remains...

    It finally broke out below 1.2100 and it remains very bearish. Next target is likely at 1.1900.
  6. It's yet to break out below 1.2100, we have to...

    It's yet to break out below 1.2100, we have to wait and see whether such breakout will occur at all.
  7. It's consolidating above 1.2100 continues today,...

    It's consolidating above 1.2100 continues today, but so far there is no indication for a breakout.
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    Most people, unfortunately, are not actually...

    Most people, unfortunately, are not actually profitable. The forex market does provide great opportunities to profit, but often the opportunities to lose are even greater.
  9. It's testing 1.2100 again, but I wouldn't open a...

    It's testing 1.2100 again, but I wouldn't open a new short before a proper breakout.
  10. Let's see how it will develop next week.

    Let's see how it will develop next week.
  11. It dropped back to 1.2100. Next week we may see...

    It dropped back to 1.2100. Next week we may see it drop below that level.
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    It depends on the leverage. Leverage that is too...

    It depends on the leverage. Leverage that is too high got banned by many financial regulators all over the world because it led to significant losses for traders.
  13. The pair remains completely und there likely...

    The pair remains completely und there likely won't be any breakouts by the end of this trading week.
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    Leverage that high is not quite safe though, and...

    Leverage that high is not quite safe though, and it leads to major losses for newbie, inexperienced traders.
  15. EUR/USD remains pretty undecided today and I...

    EUR/USD remains pretty undecided today and I decided to stop trading it until I see a good signal.
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    High leverage does often lead to losses,...

    High leverage does often lead to losses, especially for inexperienced traders. That actually forced quite a few financial regulators to ban leverage above 1:30 to curb that problem.
  17. It's still consolidating sideways, so much about...

    It's still consolidating sideways, so much about a new move south. :(
  18. It rallied back to 1.2170 before it closed, the...

    It rallied back to 1.2170 before it closed, the pair remains very undecided.
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    True, high leverage can be quite dangerous. That...

    True, high leverage can be quite dangerous. That is why financial regulators have been banning that for quite a while now.
  20. It dropped back down to 1.2100 as I thought it...

    It dropped back down to 1.2100 as I thought it would and by the looks of it the pair may depreciate further.
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    I don't think it's possible to just give up one's...

    I don't think it's possible to just give up one's emotions - they are just a natural part of being a human being. One needs to learn to control them instead.
  22. It dropped back down to 1.2175. The pair remains...

    It dropped back down to 1.2175. The pair remains very undecided.
  23. The resistance is, indeed, around 1.2250. So far...

    The resistance is, indeed, around 1.2250. So far there is no indication for a breakout though.
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    True. This is leverage above 1:30 has been banned...

    True. This is leverage above 1:30 has been banned in quite a few jurisdictions by now, to protect newbie traders from making that mistake.
  25. It has a doji candlestick on the daily...

    It has a doji candlestick on the daily time-frame, that is a sign of indecision. Let's see whether that was the end of the move south.
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