- Search Crypto Craft
- ForexOracle replied Sep 9, 2016
LOL !! You don't have to point me to the BIS website or suggest any of their publications. When you use around 2 grand to open a full lot on the EUR/USD the BIS does not look at 2,000.00 actual value they look at 100,000.00 nominal value. Now do ...
Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Sep 8, 2016
The fact is that if indeed there is a witch-hunt against retail as soon as a " exchange" is formed they will design laws against it. I'm sticking with my guns that the bucketshops are behind it. ECNs favor the trader and Oanda and others can't stand ...
Phillips Capital | First Retail Forex Exchange in US?
- ForexOracle replied Sep 8, 2016
315 billion per day!! I hope you understand that this number is leverage included....right? Count 20:1 here in the USA and 50:1, 100:1, 400:1 and even 1000:1 on some places and you will see this number getting small pretty quick. Equities have ...
Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Sep 8, 2016
I kind of agree with you. If they want to do it ( meaning seeing profits on it) they would just do it.
Phillips Capital | First Retail Forex Exchange in US?
- ForexOracle replied Sep 7, 2016
OMG !!! Don't take it the wrong way my friend, I'm all for a better place/environment to trade
But lets be REALISTIC. Retail forex is such a small niche market that I doubt something will ever change for our good. I stopped trading forex short ...Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Sep 7, 2016
LOL !!! Come on guys lets stop being so self centered. Look to the facts. From the 5 trillion Forex turns every 24hours what is the percentage retailers participation ? The players who make the forex market happen don't need you and your 50K ...
Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Sep 5, 2016
I remember reading the Leucadia FXCM deal last year and the situation we are seeing now was supposed to happen only if FXCM was not able to keep the deal. So I guess FXCM was unable to pay the loan
!!!! And according to the deal Leucadia ...Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Sep 4, 2016
There is no way to know who is telling the truth, FXCM or the regulators. What does the word " immediately" means in this case ? One nano second after FXCM was margin called? One minute, five minutes, one hour, four hours? I would say if they took ...
Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Aug 21, 2016
My logic is that if banks had something against retail they would just not offer their services as liquidity providers. It is very easy for a bank to say " no thank you " to FXCM. If banks were trying to bypass the middlemen they would just offer in ...
Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Aug 21, 2016
I'm trading equities now because of the collapse of Forex volatility so if retail goes bust I could not care less. Now I'm very puzzled by the witch-hunt against Forex retail traders
Who benefits from it? Who is profiting or will profit ? ...Breaking News: CFTC charges FXCM with undercapitalization
- ForexOracle replied Aug 18, 2016
After almost 10 years doing it and very profitable for the last 4 or 5 years I learned something. If you want to be a successful trader ( be it Forex, equities or anything else) you have to know how to lose. I'm around FF since 2007 ( I used to have ...
The Big secret to trading success
- ForexOracle replied Aug 17, 2016
OMG...those articles are always an invitation to a nice yawn. People suggesting what regulators should do as if regulators cared!! I stopped day-trading Forex a while back because of the volatility collapse so I couldn't care less what the ...What the new CySEC rules mean to the FX industry
- ForexOracle commented Jun 23, 2016
The game is rigged !! Good luck if you think the British people can have their way !!
The day of reckoning has finally arrived as UK voters head to the Brexit referendum polling...
- ForexOracle replied May 21, 2016
Yep...I remember your reply, and you are still (maybe purposefully) confusing LIQUIDITY with VOLATILITY !!! The dumbest people in the world hangout here in the EUR/USD. I'm done with FF see you all never !!
EURUSD
- ForexOracle replied May 19, 2016
I'm so glad I decided to trade something else !!!! Another week where this pair moved 40 pips on average !!! Volatility is completely out !!!
EURUSD
- ForexOracle replied May 5, 2016
After almost 9 years trading exclusively forex ( mainly EUR/USD) I decided moving to other markets. lack of volatility is the reason !! EUR/USD used to move 160, 180, 200 pips a day consistently. Now its more like 50 or 60 pips a day with a crazy ...
Giving up?
- ForexOracle replied May 5, 2016
You are confusing liquidity with opportunity. 5.5 trillion/day only means your order will be executed right the way. But what is the point if the market does not move? We used to have over 150 pip day moves CONSISTENTLY !!! Now those crappy 50 or 60 ...
EURUSD
- ForexOracle replied May 5, 2016
OMG !!!! Are you guys still here and still trading forex??? Volatility just collapsed all over currencies ESPECIALLY IN THIS PAIR!! You have to put too much money upfront in order to make something, it does not compensate anymore. There are other ...
EURUSD
- ForexOracle replied Mar 28, 2016
I'm a teenager trading and just wondering what this 1.1000 stuff means
EURUSD
- ForexOracle replied Jan 16, 2016
, So here i come to disagree again...... Cryptocurrencies which are allegedly unstoppable and control and censor proof, will be the ultimate tool to censor, control and restrain !! We are pretty close to a cashless society and governments ( elites) ...
Bitcoin - Reality check for the naives out there