currencies, page-13

G'day gm2407, Absolutely agree here

"A trader I read about has a good practice - if you have 3 wins or losses in a row, stop, and re-assess why they were successful/unsuccessful. He said it improves your trading psychology and minimises the emotional swings."

I think mt4 is the much preferred platform throughout most of the good Forex brokers.Very easy to pick the retail forex companies or known as the market makers.Price quotes are artificial as they are fixed spreads.In a real market environment spreads are always changing i.e. variable.

I like to stick with a forex ECN or STP broker as this is more legitimate.They provide a place where banks, traders, and multiple market makers can enter competing bids and offers around the spread amount.

p.s. Hope the aus/usd rallies next week and can trade back in the range of around 80-82cents.I'm bullish longer term on the aussie hopefully in time should reach parity with the US dollar but this might take a while though.

Good luck to all forex traders next week.


cheers all....