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- penzevsergey replied Apr 15, 2010
1. How are the prices of currency pairs determined? Is it by the amount of people trying to buy versus the amount trying to sell? You are right. The price of currency depends on its demand and its supply. When a large bank in Spain (for example) ...
- penzevsergey replied Apr 14, 2010
It's possible to be profitable in 3 monthes, but to be profitable constantly it takes 1-2 years.
- penzevsergey replied Apr 14, 2010
When you have edge, you start to analyze more effective. but you still scare that you can lose what you have.
- penzevsergey replied Apr 14, 2010
Lefevre "Reminiscence of stock operator".
- penzevsergey replied Apr 13, 2010
In my opinion, EUR will decrease, and reach its bottom when Greece begins to demonstrate any stability.
- penzevsergey replied Apr 13, 2010
All brokers are registrated in offshores. There are no taxes in this countries, so may be the best place ti trade is there.
- penzevsergey replied Apr 13, 2010
In the majority of cases, professional traders don't use any indicators or advisos. they develop their trading strategy.
- penzevsergey replied Apr 13, 2010
I think Andy Krieger, George Soros and Bruce Kovner are the most successful traders in the world.
- penzevsergey replied Apr 13, 2010
Bloomberg and financial times ofcourse the most authoritative and favorable.
- penzevsergey replied Apr 13, 2010
You are absolutely right. Trader should work on FOREX, not play.
- penzevsergey replied Apr 13, 2010
it's better to choose 2-3 tools. Horizontal Support/Resistance, Trend and moving average of course are important for me.
- penzevsergey replied Apr 13, 2010
may be you just trade when there is good activity and timesessions are opened. another time the activity is lower and it seems that trade is more profitable.
- penzevsergey replied Apr 13, 2010
As i think, prices can change during weekends because some events may happen during weekends. And it affects the prices because it's the part of fundamental analysis, which can affect the market.
- penzevsergey replied Apr 13, 2010
It's good to trade in Ciprys, Virgin Britain island, Beliz etc.
- penzevsergey replied Apr 12, 2010
Everybody has his own srategy of trading and it deneds on him when he decides to trade.
- penzevsergey replied Apr 12, 2010
As i understand, if trade with EURUSD/USDCHF and if in the first USD goes down, in the second USD should decrease.
- penzevsergey replied Apr 12, 2010
what pairs do you trade? trade during timesession.
- penzevsergey replied Apr 12, 2010
100% agreed!!
- penzevsergey replied Apr 12, 2010
how long have you traded with 400:1?