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Re: What Trading platform does everyone use?
from Magic on 09/28/2015 04:44 PMI recommend using FCA regulated brokers. After you find one thats regulated its about finding the one which has perks that suit you best. Lower spreads, same day withdrawals etc, depends on what you're looking for in a brokerage. I use IG and FXPro mainly.
What Trading platform does everyone use?
from Selhurst1 on 08/11/2015 08:59 AMI know there are lots of different platforms that people use such as Trading212 (which i currently use), with proffessional traders having personalized ones. So i was wondering if they are all essentially the same or if there was a better one that i should be using :).
cybr
Deleted user
Re: Week of August 10-14, 2015
from cybr on 08/11/2015 03:29 AMGBP/USD
No bias; just waiting for a breakout of PA, and moving averages.
GBP/USD (1D)
cybr
Deleted user
Re: Week of August 10-14, 2015
from cybr on 08/11/2015 03:14 AMI am also bearish on gold, abit shorter term. Here's what I'm looking at on 4HR. Testing some resistance & fib levels before collapsing. We'll see!
XAU/USD (4HR)
Re: Trade To Trade
from Magic on 08/11/2015 02:23 AMLOOOOL Thanks bro! Going to try and make it a weekly thing!
Re: Week of August 10-14, 2015
from Magic on 08/11/2015 01:44 AMGold - What do you think bro?
Gold 1 Day Chart
The Bottom of Gold? Or more doom?
from Magic on 08/11/2015 01:36 AMRecently we saw a diabolical drop in the price of Gold. A wave of sell orders in a one-minute period shortly after the Shanghai Gold Exchange opened Monday July20th sent the most-active U.S. gold futures contract down $48 to as low as $1,080 per ounce, its weakest since February 2010.
Within two minutes, an estimated 33 tonnes of gold in Shanghai and New York worth $1.3 billion changed hands. A lack of liquidity, with Japanese markets closed for a holiday, hastened the slide. Turnover in Shanghai and New York were tremendous. A record 3.3 million lots traded on a key contract on the Shanghai Gold Exchange, compared with fewer than 27,000 lots on Friday, Reuters data showed. Before Monday, the volume for July had averaged fewer than 30,000 lots.
This is the drop highlighted for those who would like to see it on a chart.
Gold Drop
Now. That drop took us to lows we havent seen for around 5 years.. Gold may have bottomed there. It may be now trying to slowly and steadily claw ts way back up to that lovely level of $1200.
Gold Retracement
I may be wrong though.. I often am. The smarter thing to do would be to trade with the trend and look through the bigger timeframes and break that down, it could change your whole trade... I should do that, brb..
OK! Im back and ive had a look at the day chart! Now my complete opinon on the matter has changed, its crazy what looking at different timeframes can do to your decisions. I like to rely on bigger timeframes because i find them a lot more reliable It will be nice to see how it plays out.
Gold 1Day Chart
If Gold does decide to continue in this bearish trend then we may see lows of $1040. At which point i will be looking to BUY with my life.
Gold 1040?
This is just me sharing some of my thought process when breaking down a trade, made simple.
cybr
Deleted user
Week of August 10-14, 2015
from cybr on 08/09/2015 09:50 PMHi all,
Happy Sunday. Doing my analysis on all of the majors for the upcoming week. Wondering if anyone has any pairs they have their eyes on for the short-term and won't mind posting their analysis. Will update thread with my analysis soon.
Cheers
cybr
Deleted user
Re: Trade To Trade
from cybr on 08/09/2015 07:08 PMYou out in London? Seems a lot more interesting than out here. Love the video though; keep making more of these.
That weedman intro too