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- Forexpreneur commented May 14, 2012
@rankinchopra the AUD is still considered a risk currency, or speculation currency when the world economy gets nervous. It's more in depth than that, but that is the simplest explanation. So if Greece exited the Euro and the markets got anxious it ...
The final death throes of the euro
- Forexpreneur commented Jul 14, 2011
How would the Euro be ok if the UK joined? They are in massive debt, far worse debt than Greece, Italy, etc. Sure England has a diverse economy and are at this point the financial capital of the world, but their debt is still off the charts. Frankly ...
EURO-Too Big to Fail or Too Big to Bail?
- Forexpreneur replied Oct 25, 2010
I thought EUR meant Eternal Unilateral Rioting.
What does the 'R' in EUR mean?
- Forexpreneur replied Jul 18, 2010
Amen to that. The negativity and cockiness on the other threads has been old for quite some time.
Cable Trading (Serious Trading No Jokes)
- Forexpreneur replied Jan 22, 2010
Wrong, read the proposal again. The proposal specifically states that institutional accounts are void of the 10:1 leverage and will remain at 100:1 leverage. This is to squeeze out the common people. Someone got a nice "donation" to try to get this ...
New Leverage rule for FX COMING?
- Forexpreneur replied Jan 21, 2010
If you are worried about protection you should check out dbFX which is Deutsche Bank. According to their website individual accounts are protected to over 1 Billion Euros. PER DEPSOITER! This is backed up by the German Governments' equivelent to the ...
New Leverage rule for FX COMING?
- Forexpreneur replied Jan 20, 2010
That's not exactly true. You would still need considerably more in your account in order to trade the same way you trade today. Also, think about this, in order to make the same trade it will cost you 10 times the amount due to the pip spreads to ...
New Leverage rule for FX COMING?
- Forexpreneur replied Dec 21, 2009
Far better than it used to be — Look guys, seriously stop whinning and complaining. George Soros made over a Billion Dollars on one trade when the spreads used to be 150 PIPs or more and there was not much leverage and you had no real clue ...
Poll: Is retail Forex just a setup by the big boys to take our money?
- Forexpreneur replied Dec 1, 2009
NFA registered. Been in business longer than 5 years. Have at least 100,000 active traders. Be well capitalized (NFA gives lists on their website). Excellent customer service. Allowing you to pull money out and to do it quickly. It shouldn't take ...
What do traders look for in a broker?
- Forexpreneur replied Dec 1, 2009
Hi Cindy, I have been trading with GFT for over 5 years and have not had a single problem with them, except as mentioned during big news events which I don't trade any more. Besides that I feel their customer service is world class. When I pull ...
GFT anyone?
- Forexpreneur replied Nov 10, 2009
Sorry to hear that malcolmb. Some people get too cocky and love to see when others are "wrong". All I can say to those people is there is no holy grail. All you can do is put the odds in your favor and there are many ways to do it. Casinos know you ...
Cable Update (GBPUSD)
- Forexpreneur replied Nov 10, 2009
If you saw it coming kudos to you I'm interested to learn how. I certainly didn't see it coming. If there was something on my chart that showed a major resistence I would have played it and would have been happy it took less than half and hour. ...
Cable Update (GBPUSD)
- Forexpreneur replied Nov 10, 2009
Well Dow Jones Newswire says the same thing that forexfactory said; a comment out of the blue from Fitch saying England could loose it's AAA rating. This is old news though and could happen but it just seems odd. That is why I never trade without a ...
Cable Update (GBPUSD)
- Forexpreneur replied Nov 10, 2009
It's either really low volume today or Gordon Brown gave birth or something.
Cable Update (GBPUSD). I think this is a shake out myself. The Cable had a difficult time getting above 1.6760 for a short time, and at the same time GJ had a tough time getting above 150.80 ...
- Forexpreneur replied Nov 10, 2009
Hello Ezzy. I am going to start with the general parts of my system and then over the next couple of weeks explain each part of the system in detail. I think that is the best way to do it. My system entails price action (which is a broad term and ...
Very accurate support and resistence play
- Forexpreneur replied Nov 6, 2009
Congrats. That is awesome. I agree with you that Fridays can be wacky, especially since tomorrow is NFP. If that doesn't make it wacky tomorrow it would be a wacky thing. LOL
Cable Update (GBPUSD)
- Forexpreneur replied Nov 6, 2009
Shure. I'll have to wait untill this weekend as I have some things I need to do tomorrow. It will have to be a couple of posts long as there are things to explain and some of it has to be in detail, but absolutely.
Very accurate support and resistence play
- Forexpreneur replied Nov 5, 2009
I agree with you 100%, especially on voting out incumbants. I'm not holding my breath either.
New NFA Regulations: The end of individual scalpers ?I also agree and know all too well that the system bends to the biggest contributors and they certainly are not on the side of the average traders and ...
- Forexpreneur replied Nov 5, 2009
I love the fact that you are toying with the EMA's. That is a good thing and something every trader should do as markets do change. In this case you did it because you weren't getting a match, however you tweeked it untill you started to get a ...
Very accurate support and resistence play
- Forexpreneur replied Nov 5, 2009
Now you are getting the point of them. Nowhere did I suggest you trade these all the time as an entry signal. Read the original couple of posts. Once again it is PART of a system, but knowing where support and resistance comes up on a regular basis ...
Very accurate support and resistence play