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jakeparkin replied Mar 7, 2015I thought there were large deposit requirements for Citi, which is probably one of the reasons why they don't have as many clients as other brokers. It's easy for most to open an account and drop 1k in, not as easy for people to part with say 20k... ...
Anyone like Citi as a broker? I'm looking for a safe broker
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jakeparkin replied Mar 6, 2015Good luck on your journey, looks like a great start actually! Wish you luck!!
Million dollars dream - starting from $1000
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jakeparkin replied Mar 5, 2015Oh, and anyone that tells you people don't tell you a strategy because if too many people use it, it becomes unprofitable, that's nonsense, don't listen to rubbish like that. This market trades at like 5.3 trillion per day, don't be fooled thinking ...
Best forex market strategy or theory I should use?
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jakeparkin replied Mar 5, 2015My best advice which I'd give to everyone although most won't listen too is: support and resistance with fundamentals. Please don't waste your time with lagging indicators, or any for that point. If you know what's happening with the fundamentals of ...
Best forex market strategy or theory I should use?
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jakeparkin replied Mar 4, 2015Looks to be a great thread this. One questions is, do you pay attention to fundamentals when considering your trades? Look forward to the rest of the thread.
Price Will Tell - Supply/Demand Price Action Trading
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jakeparkin replied Mar 1, 2015Monday 2 March 2015 On Monday we have some stronger than previous GBP data forecasted in the form of Manufacturing PMI. We know the BoE is looking to raise rates either late this year or early next year so good data should more than likely provide a ...
Fundamental Trading with a Directional Bias
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jakeparkin replied Feb 13, 2015Great to see enthusiastic people. What method are you using for this?
Student Forex Day trader
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jakeparkin replied Feb 12, 2015@Pip-Ranger Yes I did. There was some consolidation on the Pound Aussie pair so i set a market order and then another some pips below at another nice level. Set that last night and woke up to some nice profits.
Reactionary News Traders Forum
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jakeparkin replied Feb 11, 2015Yes that's always the risk with my type of trading, and yes it has happened to me on more than one occasion. Typically I find a lot of the time actually that playing off those support and resistance zones I can be out of the market before the news ...
Reactionary News Traders Forum
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jakeparkin replied Feb 11, 2015@ Pip-Ranger Yes it's the normal way to trade news i suppose. To be honest, I mainly look for those support and resistance levels and trade off them. Basically waiting for a reason, based off fundamentals, that the price will bounce from those ...
Reactionary News Traders Forum
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jakeparkin replied Feb 11, 2015I don't stick to strict supply and demand zones. The zone could be a supply or demand zone, or simply a support or resistance level. Basically, places where the market has bought or sold from previously.
Are there any successful Traders in Forex Factory?
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jakeparkin replied Feb 11, 2015@waterscalmin That's near enough the same way I trade. Look for those buying and selling "zones" and trade them IF there is reason too. Many people belive in using indicators such as Schotastics and RSI etc but personally I hate them with a passion. ...
Are there any successful Traders in Forex Factory?
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jakeparkin replied Feb 9, 2015With the threat of Greece leaving the Euro, not for me...

Trading is supply and demand
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jakeparkin replied Feb 9, 2015Everyone, It's a fairly quiet but busy week this week. I'm only actually looking to trade tomorrow based on the GBP Manufacturing Production data, looking for some levels of resistance to sell into before the data is released. We have to be really ...
Fundamental Trading with a Directional Bias
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jakeparkin replied Feb 5, 2015Update I'd like to post some trade examples from this week. Had some fantastic moves on some GBP pairs. GBP/AUD image GBP/CAD image GBP/USD image You can see we've had some good data from the UK, most of which was forecast, plus there was ...
Fundamental Trading with a Directional Bias
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jakeparkin replied Feb 4, 2015@Hanover Thanks, yes it's fairly similar. I suppose people think it's similar because i focus heavily on central banks and market levels such as support and resistance, when in actual fact a large handful of the successful traders will use the exact ...
Fundamental Trading with a Directional Bias
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jakeparkin replied Feb 3, 2015Although not for 2 years, im only 19, i take consistent profits out of the market on a weekly basis. I use an approach based on fundamentals and support and resistance zones. To be honest, I don't care what the market did yesterday, but I do care ...
Are there any successful Traders in Forex Factory?
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jakeparkin replied Feb 1, 2015The fundamentals side is hard to grasp, most people completely ignore it because there's a lot of information, but it is the reasons why the currencies move the way that they do. Dollar Yen hasn't just gone from 80 at the start of 2013 to 120 a few ...
Trading consistently for profits
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jakeparkin replied Feb 1, 2015Supply and Demand I've said already the reason why Supply and Demand levels DON'T hold. The markets move because of fundamentals. If an interest rate is higher, and the economy is still strong, the currency will appreciate in value as it is in MORE ...
Trading consistently for profits
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jakeparkin replied Jan 30, 2015I agree with most yes. I agree that time doesn't affect which way the price will go, but using time can actually be very beneficial. I use fundies to explain because thats how I trade so it's what I know, but let's say that we have that negative ...
Trading consistently for profits