Do you guys think it may be forming a double bottom at 1.1845?

EURUSD

In my experience Forex trading has always been a hot mess, which is really part of its charm.

EURUSD

All ESMA-controlled brokers have leverage capped at 1:30 though?

Help!!! US Traders, We Must Stand Up and Fight

The ESMA decision happened long before COVID, but I do agree that it wasn't about "protecting" traders, it was about chasing off small retail traders off the markets.

Help!!! US Traders, We Must Stand Up and Fight

Europe - or at least the EU part of it - is not exactly free to do as they please. ESMA capped our leverage to the ridiculous 1:30 which chased away most smallfry traders out there into the arms of offshore bucketshops. Things aren't sunshine and ...

Help!!! US Traders, We Must Stand Up and Fight

I keep hoping it will fall below that level but it's probably too much to hope for.

EURUSD only

I was hoping the pair may break out below 1.1900 this week but it seems less and less likely.

EURUSD

It already dropped below 1.1900, next target is likely around 1.1870.

EURUSD

I am still quite convinced that if it drops below 1.1835 it will depreciate down to 1.1750.

EURUSD

Personally, I think it will drop back down to the last low at 1.1835 but whether it will break out below that level remains to be seen.

EURUSD only

EUR/USD has been bearish for weeks now, this is hardly a surprise, I think.

EURUSD

They're a scammer. The Spanish regulator CNMV actually issued a warning about them quite a while ago. It's gross that they are still operational and law enforcement can't seem to do anything about it.

AAAFx scam broker owned by Zulutrade

It will likely going to close around 1.1950 by the looks of it. I wonder whether next week we will see a further move north though.

EURUSD only

It is at 1.1970 currently and it remains pretty bullish, I could see it rallying to 1.2000 directly.

EURUSD only

I closed the short at basically zero. I'll open another one when it starts dropping again.

EURUSD only

I think so too. I have a short as well and I am keeping it open for now.

EURUSD only

It's going straight down, I have little doubt it will drop back to 1.1800 and possibly lower than that.

EURUSD only

Personally, regardless of how it worked out, I'd stay away from a broker that has behaved like that. That sort of behaviour is really a big warning flag that the company in question is likely a scammer, especially if they are not properly regulated.

SCAM - ADSS Forex by Orex

It dropped below 1.1950 before the market closed, next week we may see it depreciating back toward 1.1800.

EURUSD only

Let's see whether this will be a double bottom or it will break out below 1.1950.

EURUSD only