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mlawson71

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Everything posted by mlawson71

  1. The pair remains very undecided and unfortunately we may not see a breakout this week again.
  2. It looks like it will continue developing within the range again. At this point it's unclear what could cause another breakout, the fundamentals are clearly not helping.
  3. Unfortunately, losses are fairly common. People lose millions every year, be it to poor trading or unreliable brokers, unfortunately.
  4. It dropped all the way to 1.1310 and returned into the previous range, which is very frustrating. Hopefully there will be another breakout soon.
  5. It dropped back to the breakout as I thought it would. Now the question is whether it will go back into the range or bounce off from that level.
  6. It's bearish at the moment and it is yet to reach the breakout at 1.1380, although it will probably happen eventually.
  7. According to the UK regulator FCA, leverage restrictions have saved UK traders some 451 million pounds per year exactly for that reason. High leverage can be pretty dangerous.
  8. There are so many untrustworthy bucketshops in this industry, the scandals around them are so numerous, that the only way to be safe really is a properly licensed company, I think.
  9. Let's see how it will develop next week.
  10. Let's see how it will develop next week.
  11. It formed a shooting start 1.1480 after all, we will most likely be seeing a pullback over the next two days after this rally.
  12. It found some resistance at 1.1460, but after this breakout the move north will likely continue after a retracement.
  13. It finally broke out above the established range and there is a significant bullish hammer candlestick on the monthly time frame. I think we will be seeing a move north.
  14. The range still continues and if you're a scalper it's probably a good thing, but it's pretty frustrating for everyone else.
  15. The range clearly continues today too, and so far there is no indication it will end anytime soon, unfortunately.
  16. There are a lot of casinos to choose from, I would recommend to use the ones with a proper license.
  17. I hope the range will finally end in the upcoming week, I guess we will have to wait and see.
  18. When it comes to available leverage it really depends on the jurisdiction. Many jurisdictions all over the world have capped it at pretty low levels.
  19. Let's see how it will develop next week.
  20. As I thought, the pair remains undecided today too. Hopefully, the range will end next week.
  21. It looks like there won't be any breakouts this week either, unfortunately. I hope this range ends soon, it's starting to become quite frustrating.
  22. There is no change so far, and no indication for a breakout, unfortunately. Who knows how much longer we will have to wait.
  23. There is no change so far, and no indication for a breakout, unfortunately. Who knows how much longer we will have to wait.
  24. The pair continues consolidating for now but hopefully that may end by the end of this week.
  25. It's back at 1.1295. The range is clearly not over yet, but the winter holidays are all but done, I doubt the range would stretch all the way to Valentine's Day.

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