Same to EURUSD, CPI lower than expected but remain bullish. 

Can pm me your academy link?

This is what happen to newbie.

Let me explain this way,
Forex is the "pond" built by BigBoys (bank, hedge funds, fed & etc), and we are the "fish" that lives in the "pond".
In order to win money in trading, some one has to lose money! (This is fundamental rules)
BigBoys throw out their "fishing nets" everyday to catch "fish".

"fishing nets" = traps.
98% Retailers fails in forex.
only 2% succeed in making money.

BigBoys buy low, sell high.
And what happen to us is, trade during the trend / almost end of the trend.

Look at all tf and build your analysis!
You cannot know what BigBoys doing just by looking at 1 tf.

Pippin ain't easy, I can tell you truthfully I'm just like you at the beginning and I burn myself twice.
If you want earn money in the trading game.
I suggest you trade demo first until you can consistently make profit.

I always repeat this,
1. learn money management, risk only 1% to 4% on each trade anything beyond that is gamble. (this is the only thing that protects your account)
2. control you inner demon aka GREED. No greed is always green!
3. find a most suitable strategy for yourself!
4. demo demo demo and master every piece of the 1-3.
5. dont envy how much people made, but use that as pushing fuel for yourself to become one!

I spend almost 2years to just achieve what I have today, just a small result to my target, but I'm happy with the small result from what I have been working out days and nights.

Forex is not a fortune tool that makes you rich after 1 night.
Those advertisement is just misleading and bringing false hope.
And is not suitable for everyone.

Forex is their game, they are the one manipulating the market.
Is just like stock, where deals is clearly there.
BigBoys can check how much of retailer short/long at certain price.
In order for them to win money, we must touch SL/Close in negative.

What is liquidity? Is when they deceive retailer long and they short, or they deceive retailer short and they long.
The more retailer is deceived to long the better the liquidity for bank to short.
The more retailer is deceived to short the better the liquidity for bank to long
In order for 1 to buy, the other must sell.
Hope you get the idea.

Just add in information on this....

One loses one wins.... Half right half untold...

Forex is based on virtual and physical...

Those virtual at the end goes to market maker...JpMorgan Citibank HSBC Rothschild etc

Those physical mean when ppl go holiday, buying imported goods, loan between countries, stock and bonds, currency settlement etc  also goes back to those market maker...

Once u exchange currency, u lose in money value transaction.. All this is economics macro..

Hope all understand this as why banks also involve in both virtual and physical forex

that is broker, not bank. and broker only do that to small timer. If you are trading 10 standard lots, they will pass to bank direct instead of betting against you. Micro-mini lots retail traders that is scalping or day trading the market will almost 99% fail.

My broker do provide official receipt which bank took the order.
Is really depends on your broker.

oic, means you are using ECN type. Mine is dealing desk. I use ibfx/tradestation. your broker switzerland based ke bro

i am using Fxcm,
any comment on it? 

i am using Fxcm,
any comment on it? 

FXCM UK is having 1:200 leverage if im not mistaken. lower leverage is better for us anyway in a way that we wont open carzy big lots that will wipe our account. xD

for a well discipline trader, even if the leverage is 1:10000 is doesn't really a matter.
Money Management is the basic of trading, without MM even 1:1 also useless.

FXCM ok, even though being fine for a few times but it means cftc/nfa is really doing their job to make sure FXCM meets the