Search results

Leverage only really comes into full use if you want to risk huge amounts with only small capital, or open multiple high risk trades as it reduces margin requirements. The bottom line is, leverage only gets used when you're risk is at extremely high amounts for your account. Otherwise 1:50...

Trade worked out nicely, haven't touched 8 hour charts for a while but keep posting some 8 hour trades and let us know how they go :)

Hi Mercedes, Sorry to hear about the heart attack, definitely stay away from scalping now :P We have a lot of fun here, you will enjoy it and learn everything you need to know about making money on the Forex market :)

And this is the old Inside Day marker, the one titled in & out?

What you want is OCO functionality - which is one order cancels the other. Your request is challenging but it can be done, something I will try bring out in a future update.

You were talking to Vantage Australia, not Vantage Uk. Vantage UK are now re branded to Go Markets Uk. Make sure you follow the links from my site so you end up at the right broker.

I wasn't able to spot the difference, can anyone else see it?

I am not following what you're saying there. The candle outline gets thicker? Could you point out the example I can't see it on the chart there.

Well I wouldn't open two trades like AUDUSD and AUDJPY. I don't look into correlation maps or anything like that just use common sense. I try to stick with one trade at a time

Straight up no. That's my personal take others may feel different. These are 'psychological' levels which are only expected by traders to act as a turning point. I wouldn't even open a 'touch trade' on parity. You look at the chart and use the price action to find your s/r levels, then you use...

There are some good points to this article. But what I really hate is when people claim they know what 'banks and big institutions are doing', like they're tapped into their terminals through some sneaky backdoor. The reality is no one knows what banks and big money are doing, or what they are...

Hi Thabo, welcome. I think you've been watching too much Jurassic Park, the Forex market can be intimidating and first, but I am confident you will learn to 'tame the beast'.

Be careful trading Monday's Danny but good luck

Nice tip - thank you!

We can some quick breakouts this week. It happens and is out of your control really. Just wait for the next setup which is only going to be around the corner.

Hey Danny, I don't watch this pair - it is considered to be exotic but price movement is price movement. Looking forward to your posts on it.

There is no right or wrong answer for this. If you do, just watch out for failed breakouts - check your charts at London open to asses the trade again. If you see large Asia session rejection, you might want to think about pulling the trade.

Try a fresh install of MT4? Sounds like that one is corrupt. Let me know how you go.

Hey Danny, I merged all your posts into one own thread. Just to keep things organized - just post any more updates within this thread :)

The ASIC and FCA are both trustworthy and secure regulating bodies. I prefer to have accounts with London brokers, because they are basically in the 'Forex Capital' and have access to really good liquidity and other resources. Even being and Australian I choose London - We're too far out of the...