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NFA new rules made Forex trading a nightmare
Enough rules to 'protect traders' or confuse them at best. Last month the no hedging rules made traders in US account lose heaps of money, and now FIFO will bust what ever left. The answer to this crap would be instant migration to UK, where trading freedom is still alive. migrate.. migrate... -
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Volume analysis is to be discarded as it is "too much information"
MT4 Scam, that is a first to hear ! so what other trading platform do you recommend, FXCM micro or FXCM web platform that made a friend of mine lose 25k in 3 days !- forexbody
- Post #292
- Forum: Strategy Building
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Why most traders are losers
Most traders lose due to lack of knowledge and experience, and I believe the number one reason is the use of stop loss. Traders are much better off going stopless but using mederate leverage. Currencies in Forex range and almost any order has a chance to be profitable if it wasnt for excessive... -
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Dow Jones and Forex Currencies Correlation
By all means, can anyone explain to me this strong second by second correlation between the Dow Jones industrial avaerage and the Forex currencies? I spent countleass hours trying to find why EURUSD goes up at the same instant Dow does and why USD goes in the opposite direction. I know how to... -
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Volume analysis is to be discarded as it is "too much information"
:) It is the best indicator yet the most neglected by traders, I have Mt4 videos showing how volume indicator is setup and used in aggressive Forex trading:- forexbody
- Post #290
- Forum: Strategy Building