Over 20 years in trading
Few days ago I chated with one of my facebook friends and the theme was the order executions. When I sow how his ‘forex broker’ cheats, I decided to write this post. In his case, pending sell order was executed 100 pips below the price, which can’t be explained not even with a slippage, but only with scam in my
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If your neighbor did not buy bitcoin, that’s must be strange, right!? There is a real Bitcoin mania out there in the moment and it looks like there is no end of Bitcoin price growth. I have so many questions lately like, why the Bitcoin price is going up so fast almost every day? Should I buy a Bitcoin, is
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As you can see, everything is precisely explained in the chart. The pair was supported for several times from 108.13 (the low), all the way to 108.70 and on Friday September 08, the pair finaly broke the support, closing the week at 107.84, well bellow the support area. For sure, that closing on Friday gave the sellers view of the
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I don’t trade Bitcoin, but I follow the news and developments with crypto currencies preaty much. What was interesting for me in about month ago were the headlines of the possible Bitcoin and other crypto currencies crash in the coming period. Everybody was writing about the same thing, the Bitcoin ‘will crash’ soon. Of course, such a headlines, which were
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As well as every year, at the University of Dubrovnik’s request, I organize an educational day for students of 2nd and 3rd year of Economics and Business Economics. In a couple of hours I present all the secrets of stock markets and forex market and introduces live the magical world of speculation. I believe that through my presentations students see all the
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What can I say about 2016, my 6th year on forex!? Am I a millionaire, did I finaly succeeded? Have a reach the top of this stairs? Well, almost, but still not as I wanted. Here is the review and why I am still searching for success after 6 years by trading on forex. Success mostly comes over night in this business, right!? Yes it
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I wrote about SL hunting two days ago at the GBP/USD and here we are again, at the USD/JPY. Well, there is a very good saying ‘trade what you see, not what you think’, but in the last couple of weeks I see too many moves like this, on which is not easy to trade. Is there is not enough liquidity for
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I am following lately GBP/USD on smaller TF’s (15 and 30) and I enjoy in the sellers game with this pair. True, technical analysis on smaller TF’s works perfect, if we exclude this move from the afternoon, which is also a normal move in the market as we call it, SL hunting. You can see clearly how the sellers have searched for
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I hope that you’re aware that this is the most important issue when you decide to trade forex long term or when you already trade and lose the money quickly! Why? Bigger leverage is, bigger risk is and it’s easier to lose or to ‘burn’ your entire account. If you have laverage of 1:500 or more, you can easily lose your
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How much you have paid the ticket for this ride? Well, if you traded USD/JPY or JPY with other currencies last night, you have certainly paid this ride too much, right!? Take a look at my 5 minute chart how this was dangerous to trade and that looks even more frightening if you take a look at the 1 minute chart.
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Who survived this fall, will have something to talk about. Watch how the fall looks like step by step in 7 sesions of falling and bouncing in the H1 chart. This was really something to watch and to enjoy. The streght of the forex market was incredible. At first, I tought that I will go to sleep at 02:00 AM after 1st and
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On May 31. I made an AUD/USD analysis and prediction of the possible next move in the market. Have a look how accurate my daily analysis was and please write how do you see this? I predicted a move on weekly chart and draw a detailed 4 steps move on daily chart, after wich the each one of them was accurate in
Read moreI wrote in my last article that I will try to catch a trade worth to risk in theese days of high volatility and here I am, already out with +633 pips and +55,8K euros trade, after only three days! I will try to describe this trade best I can, but as you can see in my chart, I have pointed
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Forex Trader 