Recent content by john_fx

You can be margin called very quickly even with good long-term strategy

There is too many advantage for companies and countries to have different currencies. There will not be a unique world currency in the next 10years (at least)

Historically EUR/USD has a positive growth. Governments will help the countries that have problems and the EUR will grow again. I don't think it can fall more down than 1.30

I think EUR/JPY will make a big move up after touching the 116.00 support

I'm still long with AUD/USD and I believe it will soon be back to 0.95

History show us that EUR/USD is growing. There will be a time when EU or US (or both) will react to make the EUR grow again

I don't believe it will work for long them profit

Wait to see how Government react to the greek problems

Some traders are winning a lots of money with FX, if they manage the risk well

Ask your friend to wait for a big economic news (a news that that make a big trend changing). If he still make profit, he might be a trading genuine and be ready to make profit on a real account.