Smoking good shit, obviously. Sorry you haven't got any. As I said before, if liquidity from another retail trader doesn't exist, how does an order get filled? There is no downside to passing the order interbank. None whatsoever.

Is Forex trading worth it? If so, why?

It doesn't require THAT much money to open with an inter dealer broker like Reuters. To say retail traders trade with "artificial liquidity", you are simply kidding yourself. You really think interbank ONLY deals in yards? Laughable. It's not often ...

Is Forex trading worth it? If so, why?

Utter nonsense. Our market order bids take out the ask stack in the same way interbank orders do. To say retail traders don't provide liquidity is ridiculous. Someone just took the other side of my trade at 83.33/38. LP either matched my order with ...

Is Forex trading worth it? If so, why?

Not sure where you get this non-sense from. Too many retail Forex conspiracies. Yes, they are sent to the true market. Retail brokers are simply a middle men between small traders and the "true market"... institutional orders and other clients from ...

Is Forex trading worth it? If so, why?

I wouldn't say they have gamed the system, they just encourage people to trade high volumes and high frequency. It's not exactly ethical, but it's business.

Is Forex trading worth it? If so, why?

No. It sounds like a business providing a service. IE, connecting you with the worlds liquidity, usually for a fee of 1 pip per trade (real bank spreads + 1 pip is typically what your spread will be). 1 pip is nothing. Do you think they should do it ...

Is Forex trading worth it? If so, why?

If your woman doesn't support your passions and purpose in life, you shouldn't be with her. A good woman doesn't care if you are dirt poor so long as you are passionately pursuing your purpose in life. In the case of the OP, I'm glad your woman came ...

Is Forex trading worth it? If so, why?

Almost all good traders trade on divergences, they just don't tell this to people because nobody needs to know their secret they worked so hard to discover. It is definitely the highest probability trade setup the market can offer Yes it works in ...

my grail system

he only started with $1,000... his profits are only $6000 i'm sure he has a lot more money to back that up, he started with $1,000 to make the returns look bigger if its the only $1,000 he has and he has returned $6000, then it is impressive. but ...

my grail system

its a double edged sword. small losses means you could be stopped out and watch your trade go onto a profit so one needs to calculate the missed profit into the small stop loss wide stop obviously means larger losses, but typically much higher win % ...

EURUSD

i dont think it will happen by year end 2016, but by year end 2017 its possible. 2 years to move 1500 pips is extremely realistic

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thank you

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if you mess with this guy...

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4236

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very low liquidity candle = high probability of being faded image

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bailed on the EU longs @ 0915 and went long AUDJPY, took the profit way too early (but that's better than way too late) now shorting USDCAD waiting for EU to setup long again on daily TF (might be a while)

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we'll see what happens when PA gets near the yearly open

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its called technical correction. the consensus is that EU could be bearish this year but it's going to be choppy. and other big traders calling for long. but im just giving you reasons that maybe you could understand. my own reasons have to do with ...

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might have to bail on the EU long.. PA > everything still think it will go to 1050 and higher but first seems it needs to correct

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do you draw ADR high yourself or does an indicator do that for you (like pivot indicator?) if you can link it that would be appreciated, thanks

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