Recent content by Dominator4fx

Re: My 2 cents on today's broad market price action While trading the S&P 500 i have seen that it is facing some resistance to the upwards swings and the traders are mostly interested in a short rally due to the weakening of the US data after NFP:thumbsdow

It is a known fact that anyone who is into the Forex markets for a longer haul will have good profits. That is what Position trading is all about:cheesy:

Re: Best Threads In The 'First Steps' Forum For a beginner in Forex trading i will advise 5 things: 1. Starting with a Demo account 2. Learning the basics right 3. Money Management 4. Always trading with Stop Loss 5. Planning

Most of the times the candle sticks will give fake signals. This usually happens when we get a High Impacted news into the markets and the liquidity present in the markets increases.:D

Most of the breakouts are actually triggered by the news that comes into the markets and this is what we have to watch for.:)

In the start a Demo trade is always better than real trading for the simple reason that most of the times we have no knowledge and so loss will only be in virtual money but the learning's will be real :)

Euro is well supported in all the rallies and the support for the Greece will be coming from all quarters. As such we can see a rebound of the strength in the Euro in the coming months:)

The E Wallet that i am using successfully is Liberty Reserve. It s the Top choice for Forex as the Fees are lowest and the account security is highest. Other which are good: 1. Money Bookers 2. Web Money 3. OKPAY

It depends on the Fundamentals which will drive the price of a stock either in the UP or the DOWN direction. As i have seen that most of the times it is the tarders sentiments that is the most crucial factor:thumbsup:

It all depends on the liquidity provider how much depth you are able to get in the Stocks. As most if the times the liquidity may not be the same as required you do not see any depth.:)

Banks are also in the same league as all the trades. It is just that they have Analysts and are better equipped to be able to deal in the Forex markets.:cheesy:

War is never good for anyone. It just brings with it destruction of mankind and the natural resources which are scarce and precious loss of lives:|

I see that using 2 Monitors are more than enough for all the trading needs. But if needed an additional laptop must be used so that we are able to free the CPU:clap:

I always believe the the precious metals like the Gold are a safe bet and we should deal in them so that we are able to ride the tough times and get the long term capital appreciation.

Times are indeed hard and we have to learn to be able to live with Peace and Harmony so that their are no wars:clap: