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- richieforex replied Mar 26, 2015
FXCM produced a video of exactly what happened in the crash and how it impacted them and their clients. Worth a watch!
- richieforex replied Mar 26, 2015
I agree moonshot there is so much information out there for the beginner. What I would say is that if anything there is too much and for beginner it can I suppose be overwhelming. A course could become attractive because the information is ...
- richieforex replied Mar 26, 2015
You shouldn't be too bothered about whether the news has positive or negative results, what you should focus on is how the market reacts to the release. There are times where banks have already factored in the news and you think for the life of you ...
- richieforex replied Mar 26, 2015
Good work on the EA
- richieforex replied Mar 25, 2015
Not much change from yesterday. I still see price correcting and image I am not considering it to be a reversal until I see further clarification. The Dollar Index is grinding lower but unless it makes new lows and breaks the key resistance I still ...
- richieforex replied Mar 25, 2015
Like in most businesses you will not start taking a income especially with the capital you are investing for at least a year maybe 2 or 3. Keep records of all transactions and then when you have made enough that you to declare it you can set up a ...
- richieforex replied Mar 25, 2015
Most do not have the aptitude, most do not work hard enough, most cannot deal with the emotions, most give up too quickly.....the list goes on and that is why 95% fail
- richieforex replied Mar 25, 2015
Hardly anyone realises how exactly the bonus works which so many brokers offer. There is a reason they offer this bonus! If anything I would prefer to see it if a broker did not offer a bonus!
- richieforex replied Mar 25, 2015
I Have never heard them so I suspect they might be new. If that is the case you may not get many reviews. Check they are regulated and maybe start with a small deposit before and then deposit more as you gain trust and are happy with their level of ...
- richieforex replied Mar 24, 2015
Wow that is intense, lots of trades in 2-5 hours!
- richieforex replied Mar 24, 2015
Scalping off the monthly? Really? It has to suit your personality as well!
- richieforex replied Mar 24, 2015
That is correct, well done in being pro active and finding it out yourself!!
- richieforex replied Mar 24, 2015
Exactly!!
- richieforex replied Mar 23, 2015
23th March 2015 It is likely that the impact of last weeks Fed is still feeding through. Prices are still correcting and we need to see if dollar strength is going to continue or maybe we are witnessing a top. Calling tops is a dangerous game so we ...
- richieforex replied Mar 23, 2015
Bonuses should not be an incentive! They are a marketing ploy used by brokers to attract and retain clients whilst increasing the traders odds of failure
- richieforex replied Mar 23, 2015
I agree, I never risk more than 2%
- richieforex replied Mar 23, 2015
Forex is OTC so there is no centralised exchange. It is often the case different brokers will be quoting different prices.
- richieforex replied Mar 23, 2015
You are correct! Focus on the HH,LL, HL, LH and then throw in some pattern recognition! It all comes with time!
- richieforex replied Mar 20, 2015
Just google search for fib trading. Most traders use the basic retracement and extension but you can go into much more detail like harmonics. Fib levels are often respected so a good way to identify areas of interest.
- richieforex replied Mar 20, 2015
Trade live as soon as possible but only risk what you are comfortable losing. If you breakeven or make money great, increase your exposure. If you lose the money consider it an investment in your education. Decide either to go back to demo, try ...