Obsidian

education is a must for all types of investments... you buy a new electronic device and read its manual a couple of times so that you can use it properly...since investment means (say 10x) more money, you should read at least 10 times more

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After some years, you start to memorize price movements. My favorite pair is GBP/USD so I watch it more carefully. I noticed that you can see very similar patterns over and over. I will share these patterns, maybe it will be helpful for you too. 30M chart red line is 34 EMA yellow line is 100 EMA look and the charts and see how gbp/usd usually tests 34ema before it falls (or rises). First example is about bearish setups:

looks like market did not care much about weaker Chinese GDP data. today tested broken tl...a weekly close above 1.04 may give some fuel to bulls..we will see

find a non u.s. broker and you are fine I guess...you can try thinkforex

yes, you are right...

I would tell you to try another broker but if you are a u.s. citizen you don't have many choice I guess

From what I've seen so far, binary options trading web sites look not different than gambling sites...then it makes you think "the house always wins"

If they needed any extra documents, wouldn't they let you know? I remember that oanda has forex managed account available for u.s. division but it is only available to u.s. citizens.

basically you need 3 things to become a successful trader: knowledge, experience and personality. trading is a serious business and you have to learn lots of things...it may take months-years depending on commitment the markets don't go the right way all the time. while fundamentals and technical analysis show one way, it may go another way..you need to be in the market to learn how, when, why things happen learning-memorizing everything can't make you a successful trader. if you don't have nerves as steel, nothing can help you.

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Some people think SNB lost its credibility because it was a couple of pips below 1.20 some days ago...SNB is not making unnecessary spikes as BoJ did in the past... until the market proves me I am wrong, I will be waiting around 1.20 to buy again...with a different profit target though

only 3 voters? shame :doh:

As far as I know, signing the limited power of attorney is enough to make you a money manager

You know what they say: A picture says more than thousand words ! It would be good if you add some screenshots...

aud/cad reversing...if cad stays above the parity, it may go a long way

Summary of open orders and positions:

I pay very much attention the price patterns and they give very nice trading opportunities. just an advice to those who want to trade according to gartley, wolfe etc, patterns: do not make any assumptions before the pattern is there.

there is nothing wrong with the data feed from the brokers. imho...

do your homework during the weekends ! observe trend lines, study s/r levels, make plans check possible price formations, reversals, continuations... be prepared and you will not panic

unload some at 1.2025...I know even turtles go faster than this pair but anyway...there is "almost" no risk

Aud is still weak.........

lets see which way it will go

I hear this often and the thing I don't understand is why..would sharing a profitable system make it less profitable? I am not a psychiatrist but I assume maybe people sharing this idea are the ones who can't follow a system and therefore they are afraid of not being able to make money while others can do it with that particular system. hope those %98 at least learn not to lose money...besides some of those will learn from others' experiences, study and be successful people who are searching for a holy grail in forums are wasting their time for sure...

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