To be honest, I wouldn't like to keep more than £50k in any single account. (Due to the fact that in the event of bankrupcy the FCA investor compensation fund will only cover losses up to 50k). I have spoken to a rep at FX Pro, She explained that ...

Thanks for the responses everyone! I understand 20k is not large, I meant relative to most retail traders. I hear stories of people losing large amounts of money, if say I were to grow an account to 100k in the next few years, I need to know I would ...

This thread is becoming a joke, too many people posting shit like this ^ no facts, pure speculation and opinion. No use to any one. Trade what you see on the charts, not what you hear/ read on the internet.

Gap down, correction, continuation...

Told ya.

You wot?

Dont be fooled by the retracement we have seen over the last couple weeks. I see multiple lower lows forming over the coming weeks.

My revised analysis from earlier today... Bull run almost over, looking for a break of the trend line to head south. Thoughts? Criticisms/ tips on analysis is appreciated as always. ----- Edit: I also see this... inverse head and shoulders reversal ...

Nothing bullish about this yet. Maybe in the intra day timeframes, but everyone knows not to judge market sentiment based on anything less than the daily.

Here is what I think... (The second circled high is actually a lower high, down trend still in play). Comments, critisms and tips appreciated.

Interested to see your elaboration. Which TF did you test this on? Is this a technique you are using in live trading?

Lol.....

I don't know what you're going on about above but... Risk management is simple. Restrict your losses and make the most of your winning trades. Don't try to think of it in terms of X:X , each trade is different. Make a rule and stick to it, for ...

This isn't going up (substantially) any time soon. nfp reaction may cause a spike, nothing major.

What a mess?? You don't have stop losses? What is your analysis telling you? id Close the losing positions.

What are you basing this on?? (Analysis wise)

8305? That low? I only ask as I'm also short, I have a target of 8552.Got in a little early on these at the beginning of last week, had me doubt my analysis at some points, opened short positions at higher prices which are now producing good profits. ...

Evening all, The way I see it; a retracement to the 50/61.8 area, highlighted candle signalling a continuation of the up trend. I would appreciate any tips/ criticism on my analysis! Good luck to all.

Gonna hold these over the weekend. It will come back don't worry ha