Quote:
Originally posted by Habib
But I don't understand why you are giving up on Forex trading.
Best is to get to know their game and play accordingly.
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I chose to leave because I can't stand the low standards of broker in
FX.
Stop hunting, quote manipulation, refusal to update platform, terrible spread...etc
I feel that the brokers over at Futures side don't give me that much of negative edge. (Me using Interactive Brokers)
Also there was a tip off that the sellers preventing EUR from going beyond 1.2375 are interbank boys.
Interbank guys selling down EUR when Oil is all time high, Stocks took a hit, phily fed briefing negative for USD and the entire market is bull EUR could only mean one thing :
They're going to push the price down and screw short term EUR longs then take profit at before 1.2270/80 levels in order to hand the hot potatoe over to the guys supporting that level. (There was tip off of huge S/L cluster there too)