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10.17.2013 - Analysis and Forecast GBPUSD is trying to protect its uptrend and perhaps it's almost done. We see that it crossed above support trend line, Stoch shows that GBPUSD has got momentum back, but MACD is still below average, that's why I see uptrend is still not confirmed yet...

10.17.2013 - Analysis and Forecast Euro rises against US dollar due to the weak greenback. Unlike previous days, EURUSD has no difficult rallying today, it easily broke significant resistance 1.3598 and capped at 1.3682. It is consolidating near daily high, which could make it rise to 1.3711...

As long as equity keeps increasing, I think it's not necessary to worry about loss. Professional traders decide to close their losing positions to either cut losses when as they think they were wrong or reduce risk as they see it's not right time to enter market. After all, their purpose is...

Forex trading is never like HYIP since HYIP is scam :(. Someone says that they can easily earn 50% - 100% profit per day by trading but in fact, whether they really do it or not, they're newbie and not know anything about market. Don't let them and their profit they've made mislead you.

EURUSD fell to below 1.3500 after mixed ZEW and it may decline further in this week. Currently, it's trading around support 1.3490 and it would close around that level today. Looking at daily chart, RSI and Momentum suggest there is more space on downside and psychology level 1.3400 could be...

10.15.13 - Analysis and Forecast RBA stays neutral on interest rate according to the meeting minutes which was released today. Here are what we should notice: AUDUSD, after that, broke resistance 0.9529, and it is consolidating at daily high. AUDUSD is supported by up-trend line, momentum...

I don't understand what you are saying, what do you mean "bad" market? :confused:

I'm very sorry, Decub and everyone ! :( Again, I posted false information. OKPay is NOT OWN by Mayzus Financial Services but it's PARTNERED with Mayzus Financial Services (a subsidiary of Mayzus) More info: Alliance of Mayzus Financial Services & OKPAY

Just like you, I didn't know about that until I saw this at the end of OKPay main page:

Investopedia and DailyFX are good sources and I agree with you about them, not any tricks that are posted in Youtube. They are available for everyone, so you only know something basic like "what is Forex" or "how to trade". Looking at DailyFX premium, you'll understand what I'm saying, it's...

50 pips is still quite high unless . In my opinion, scalpers should only earn 10 - 20 pips in that time. Maybe anyone has already known this but placing pending order is a good way to reduce risk.

OKPay is own by Mayzus, a regulated broker, and I don't think it will accept any HYIP because such illegal programs will rather make it lose reputation than gain it.

Market has been bullish Loonie since Canadian job data beat expected on last Friday, 11,900 jobs added and unemployment rate decreased by 0.2%. USDCAD fell to 1.0355 from 1.0405 and since market volatility is quite low today, USDCAD is still trading near Friday close. On daily chart, we see...

10.14.2013 - Analysis and Forecast This week, beside US debt-ceiling concern (deadline is Oct 17th), there will be UK data that also need to be paid attention to. GBP hasn't easily benefited from US political and financial uncertainty and indeed it has been one of the worst performers in recent...

if you lose due to those reasons, it is because of you, not any broker or government. Actually, I think you don't understand market: US Government shutdown doesn't mean US dollar falls.

High spread is often a problem for traders, especially scalpers, they don't seem keen on it. I don't "hate" any pair because such thing is not important to me. Each week, the first thing I do is choosing the certain currency to trade and deciding to be bearish or bullish that currency.

You ought to believe me: DO NOT trust those free sources (tricks, tips) because most of them are NOT reliable. Especially, those tricks may even cheat you and make you lose. Remember that FX market is zero-sum game. If you lose, the others win and vice versa.

Daisy, I think it is necessary to watch news on daily basis, traders should only pay attention to something that is so important that could make traders change the plan. Everything ought to be prepared at the weekends, this is called weekend analysis. When market opens, traders only wait for...

I think you don't understand this. There are negative and positive swaps and this is caused by overnight interest rate. Carry trade is the popular strategy to earn both swaps and profit. AUDJPY, NZDUSD, AUDUSD are often used for applying this strategy. In my point of view, swaps don't...

PAMM is same as social trading and it is not recommend. If I had enough money, I'd rather spend it on asset managements, they are more established and professional than those individuals who claim themselves to be professional traders but all their equities end up collapsing.