Recent content by alextrader79

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    Help

    I advice to make a short research of 10-15 sites with reviews, as some of them may be 'bought' by some broker. Sad but true I met several sites with positive reviews with just 1 broker saying that others are scam
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    Help

    Nice idea. I did the same way Anyway, as I've said before, demo accs are similar and they are virtual that's why every trader becomes shocked when switching to live after demo
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    Help

    Hey there! There are tons of similar topics on other forums and the main advice is - don't believe anyone who recommends you something and don't open accounts, until you test a broker by yourself. You won't waste this time, believe me, you'll get the necessary information that may be in use to...
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    What is a real difference between a standar, mini and micro?

    If you have around 1k on your account, then yes
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    FAQ Nature Vs Nurture – are Good Traders Born or Made?

    Haha :D His main problem was neglecting money management Anyway, I believe his technical analysis was ok
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    Analysis by AlexKul

    I expect a correction on USD/CHF soon. The divergence of price and MACD has appeared, it’s a reversal formation. I’ll sell it with a trailing stop, if the pair fixes below 0.9895. It may move to 0.9870-0.9840.
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    Analysis by AlexKul

    My expectation on AUD/USD were confirmed. Aggressive sales were observed during the Asian trading session. It happened due to the publication of a weak report on the inflation in Australia. I’ll sell the pair, if it fixes below the 0.7710 local support. The pair may move to 0.7675-0.7650. I also...
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    Analysis by AlexKul

    Aggressive sales of AUD/USD were observed during the Asian trading session. The currency found its support at the 0.7780 level. I plan to wait for a correction to 0.7795-0.7805. If the price reaches this zone, I’ll short the pair. It may move to 0.7780-0.7750.
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    Analysis by AlexKul

    GBP/USD held the 1.3215-1.3225 local supply zone during the Asian trading session. It caused emergence of a bearish sentiment. The pair has the potential for the further reducing. I plan to open deals in the current trend direction. I’ll sell GBP/USD, if the price fixes below 1.3185. The closest...
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    Analysis by AlexKul

    There were aggressive purchases of USD/CAD on Friday. The Canadian dollar weakened against the US dollar by more than 150 points. This happened due to the publication of weak reports on the inflation and retail sales in Canada. The technical picture is ambiguous now. The asset is consolidating...
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    Analysis by AlexKul

    The pound is still under pressure. The series of weak reports from the UK was published this week. GBP/USD is fixing now. I think that the currency can decline further. I’ll sell this pair, if it fixes below 1.3120. It may move to 1.3090-1.3075.
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    Analysis by AlexKul

    USD/CAD is consolidating now. The market participants wait for the report on the inflation and retail sales (12:30). I’ve identified the key S&R levels: 1.2500 and 1.2520 and will open deals after the price fixes above/below these marks. I’ll buy USD/CAD after it retests the 1.2520 mark. It may...
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    Analysis by AlexKul

    Great Britain has published a mixed report on the labor market. Bears dominate on GBP/USD now. The asset has the potential for declining. The Outside bar PA pattern formed on this pair. I’ll sell GBP/USD, if it fixes below 1.3150. It may move to the 1.3100 round level.
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    Analysis by AlexKul

    The demand for the US dollar is at a high level now. The technical pattern on AUD/USD indicates emergence of a bearish sentiment. The price is testing the 0.7820 local support. I’ll sell the pair, if it fixes below 0.7820. It may move to 0.7790.
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    Analysis by AlexKul

    The bearish sentiment prevailed on USD/CAD yesterday. The asset is consolidating at the moment. I expect the further growth of the quotes. I’ll open long positions, if the price fixes above the 1.2550 local support. It may move to 1.2600.
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