Recent content by hatemypips

Did you ask yourself a question why on earth they will share free bread with others? Looks illogic.

Yeah and probably in the very first trade after a couple of ticks lol. we have to always think how to protect account from losses or sustain them in a manageable way and you will be certainly rewarded for your wise approach.

Is it scalping based on price action or you use other sources of information like news?

Any broker which is regulated by FCA and offer competitive spreads and efficient ECN network.

I wonder if your broker suits you why you want to try something else, i.e. take additional risks? are there any constraints with your current broker?

Most of them has low threshold much lower than 50 USD that's why there should be no difficulties with that issue.

How do you draw this lines i.e. determine appropriate angles?

Definitely you have to look at FCA brokers because they cap leverage limiting your potential losses and offer better protection in case of black swan events.

It's not always all that black-or-white response because response to new information depends on what market expect from the release.

I really like to trade USDRUB it's been quite predictable due to rising inflation in Russia and potential central bank surprise.

Forex is hard because of liquidity and because the market is very close to competitive one. It's hard to get information consistently that indicates that some asset deviated from its fair value.

Rates are rising due to inflation expectations I think it's not a good time to announce more stimulus as debt servicing may cause concerns about long term credit status of the governments.

Volatility outbreaks. My strategy is based on trend following and elevated volatility introduces mess in my trading results

Support and resistance work perfectly according to my experience as there are barriers for institutional investors which would make it much more efficient market

If you set stop loss and take profit and don't touch them in trading you can call it a disciplined trading.