When you in live conditions, you are going against a bank that can move prices, do you think they wont try to take you out? I know a lot will say what you trade is nothing in size vs a bank, but when you trade anything 10k plus and they can read the order books volume and have a large volume to one side, it is war. They will try to take you out and more than likely succeed.. A bank can pay a news station to fabricate anything they like. Hell they can pay a hydro company to shut off their power to cause financial chaos if they like! The bank could as far to start a war if they wanted(pay ISIS terrorists). Trading a demo will always be ghost because it is fake. Like online poker, You will always win and do well but when it comes to real the game is rigged, and badly. Same with FX live, banks have infinitely deep pockets and can move prices as much and as far as they like until you become solvent. The things they do are very sneaky and most wont think this but end of the day who else makes so much money.
That being said anything vs USD looks like it will go down, I think the most probable outcome is USD will continue to go up with maybe the exception being USDJPY as it is a risk based pair and US hikes rates this will make equities drop and therefore USJDPY drop. Anything USD is easy bet, look at the trend we have had. Just get the dip IMO.
That being said anything vs USD looks like it will go down, I think the most probable outcome is USD will continue to go up with maybe the exception being USDJPY as it is a risk based pair and US hikes rates this will make equities drop and therefore USJDPY drop. Anything USD is easy bet, look at the trend we have had. Just get the dip IMO.
All posts are my personal opinion