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HarryXAU
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Hi Stocks4Life. With a name like that I had to message you. Just curious to know if you ever trade indices though? I tend to follow DJ and SP500
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Any algo traders here?
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Introduce Yourself Here - Don't Be Shy!!
HarryXAU replied to trading4life's topic in Beginners Forum
Hi everyone, I just registered here. I trade a lot of forex and commodities, in the past I have a little bit of stock and cryptos also. My current projects now is utilizing Ichimoku more for my USDJPY trades and I'm looking into algo trading now. I'm keen to connect with other traders and share ideas. As for myself, I provide a lot of free educational courses for new traders. Just a hobby of mine because I like the idea of teaching. I focus on analysis. Peace -
Any one getting ready for the British Inflation Report Hearings later today? Looking at around the 1.2920 range for GBPUSD.
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Technical Forecasts for CFDs (September 2017)
HarryXAU replied to analyst75's topic in Technical Analysis
Interesting read. I too am going long on SPX500. Do you follow fx AUD? Take a look at today: "Westpac revise up their AUD forecasts - 0.70 by the end 2018". Long term opportunity coming up -
Regulation is key, some of the best which come to mind are ASIC from Austalia and FCA from the UK. To be honest I would rather my broker has 1 regulator in my opinion. On the topic of fund safety, make sure the broker has a reliable history. Has anyone been following FXCM recently? " Its shareholders have lost 98% of their investment since January 2015. Its parent company, Global Brokerage, Inc.,[4] has expressed "substantial doubt about [its] ability to continue as a going concern." That's a quote. Crazy stuff! Also for funds make sure the funds sit in a safe country. Too many have there funds sitting in Cyprus and all. I'd rather my money in a more stronger economy in case anything happens. I think above else what you should look at is if the broker is A-block or B-block, or perhaps some hybrid model. You don't want the broker hedging against you. If they are then they are not necessarily working in your interests. So for a 'good' broker first and foremost a good regulator, make sure it has a strong performance history, and that the funds are in a 'safer' country. In terms of trading with them and following their analyst reports you must be very careful that they don't hedge against you. What are all your thoughts? Did I miss anything? It took a bit of looking around but now I know I'm with the right broker
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Isn't hedging done at HotForex???