I'm waiting for the zone for the flash crash like last year when it reaches 150.84.
There were traders who were expecting a flash crash today as well.
Exhausted
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Disliked{quote} Noticed you asked about funding. Few below fwiw. FTMO does a 2wk demo you could practice with and after 2wks you just start the demo over again. I have never used a funded account i trade my own book. But i have heard FTMO and MFF are meant to be good. But make sure to do your own DD {image}Ignored
Disliked{quote} I've tried the FTMO trial twice, it was very clunky because my losses from my mt5 isn't the same as the one shown in their statistic trade book. Eg. I made $100 loss today but it shows $110 on their stats instead. I guess that's the downside being handed a demo account to trade due to slippages?Ignored
Disliked{quote} They said it is the most manipulated pair in the world.Ignored
Disliked{quote} I actually believe this is the US forcing the the dollar down. It helps their economy (export sales, stock markets), reduces demand on imports, helps them transition from dependence on China.Ignored
Disliked{quote} Hello Dr. There are 6 candles per day @ 4h TF. Your theory may do the job thou. Would have to look into itIgnored
Disliked{quote} They said it is the most manipulated pair in the world.Ignored
Disliked{quote} Strange, must be an MT5 thing. Using Ctrader and they are the exact same.Ignored
Disliked{quote} I wonder if this scheme started already in the 17th century with the south sea company. We are the same public now as we were then. It was a good way of re-financing government debt. I think about 95% of all asset value is actually derivatives of debt, but hey whats the alternative? if the state runs a scheme everyone should be allowed to do the same, problem arises when the state/puppets of state think they are the only one allowed to do that. Only getting the whip is not so motivating.Ignored
Disliked{quote} Yep itself, the volume is massive and big boys are everywhere. But it's the easiest pair to get rich, it can move up to 300 pips a day. During strong move days. Capturing partial of the big wave is sufficient for most ppl.Ignored
Disliked{quote} Fall is rediculous and still worse. I still remember the fall of GU to 1.0550. All this are games... USD will recover and show its strentgh.Ignored
Disliked{quote} why do you want a strong dollar? They can sell to allied countries re-package it and sell it in the local currency at a higher price, for example via companies like Amazon. This reduces export costs, and tariffs are often a % of goods price, so Amazon can for example sell their goods cheap from america to themselves or a middleman. And then use their own company to sell it in the local currency and get very good % gains. You see it in Europe now, an americanization of the culture, big companies moving in and american laws being passed by...Ignored
Disliked{quote} It'll crash one day. I'm waiting for the zone for the flash crash like last year when it reaches 150.84. There were traders who were expecting a flash crash today as well.Ignored
Disliked{quote} Noticed you asked about funding. Few below fwiw. FTMO does a 2wk demo you could practice with and after 2wks you just start the demo over again. I have never used a funded account i trade my own book. But i have heard FTMO and MFF are meant to be good. But make sure to do your own DD {image}Ignored
Disliked{quote} It is not fundamental but political. In a way the price is manipulated. Some point of time, pound has to show its weekness. Dollar has to show its real strenth. It is a cycle. May be a 6 month or 12 month cycle. When gold was crashing to 1100 dollars.. there were talks it will reach 600 dollars. Now is again quoting 2000 dollars {image}Ignored
Disliked{quote} I've tried the FTMO trial twice, it was very clunky because my losses from my mt5 isn't the same as the one shown in their statistic trade book. Eg. I made $100 loss today but it shows $110 on their stats instead. I guess that's the downside being handed a demo account to trade due to slippages?Ignored
Disliked{quote} I don't have a lot of success with end of trading day trading where there are a lot of small candles happening. Good Luck!Ignored
Disliked{quote} why do you want a strong dollar? They can sell to allied countries re-package it and sell it in the local currency at a higher price, for example via companies like Amazon. This reduces export costs, and tariffs are often a % of goods price, so Amazon can for example sell their goods cheap from america to themselves or a middleman. And then use their own company to sell it in the local currency and get very good % gains. You see it in Europe now, an americanization of the culture, big companies moving in and american laws being passed by...Ignored