I don't know whether it's a good idea to open any positions now. After such a drop it should start consolidating.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I already shorted again, that doji candlestick on the daily time frame is very telling. I think it will start falling again soon.

USD/JPY Discussion

The FCA issued a warning against the companies TRD Brokers and TRD Futures Group. According to the watchdog, the two are not authorized to provide financial services in the UK, but have nevertheless been targeting residents of the country. The FCA ...

Show me a scam broker

I think it might even reach 1.4770. Either way, it's very bullish at the moment.

Cable Update (GBPUSD)

I think it might even reach 1220 - 1218, but that depends, of course, on whether or not it breaks below 1233, which is (EMA)89 on the daily time frame.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I opened a short position after the pair broke below 1.4500. It's still open, I think next target is around 1.4420 - 1.4400.

Cable Update (GBPUSD)

It looks pretty bearish on the daily time frame to me, considering that doji candlestick. I am selling again.

Cable Update (GBPUSD)

I agree, next target is likely around 1230. I have a short too, and if it breaks below 1250 I will open another one.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

True, stop loss can be a double-edged knife if you don't know how to use it properly. If you do, however, it can be pretty useful

Trading without a stop loss!

I am considering opening a new short position once it breaks below 0.7200. I think it will reach at least 0.7150.

AUD/USD

Frankly, I would steer clear of binary options, regardless of whether they're licensed or not.

Black List of Brokers

I think it will reach 1.4700, but I wouldn't open new positions before the news come out.

Cable Update (GBPUSD)

I think the bearish trend will continue and I am waiting for it to break below the previous low at 0.7248 so I can open a new short.

AUD/USD

There is a shooting star candlestick on the daily time frame but it's right above the support at 1270. In my opinion it's very undecided at the moment.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I think it will reach 0.7315 - 0.7320 at best before it starts falling again. I am waiting it to reach that level so I can short.

AUD/USD

I hope not, I have a short position with target at 0.7200 that I opened after the pair broke below the weekly support at 0.7320.

AUD/USD

I would say that it's even better to wait for it to break above 1280 again before opening new longs.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I am waiting for the range to end before I open any positions, right now it's just too risky in my opinion.

Cable Update (GBPUSD)

Gold isn't that difficult to trade, actually, most of its movements are pretty obvious. Still, it's not something I would recommend to a newbie to start with.

The best Pairs to Trade?

Speaking of CySEC fines, they also recently fined the investment firm Ouroboros Derivatives Trading Ltd a total of EUR 235 000 for non-compliance. The company operates the Anyoption binary options broker. This sum consists of eight different fines, ...

Fines and Penalties by Financial Commissions