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51
Hello,

I just got hands on some very important information about forex brokers and how they operate I think I must share it here, I can't share on other forums especially Forex factory because obviously they will ban me (again) lol , because those shady guys work for such brokers.

Read all carefully till end.
52
General Discussion / Re: Scalper King signals update
« Last post by ScalperKing on June 11, 2015, 02:41:19 pm »
Hello to All,

We are providing discounts on our signals fees on the eve of Ramadan to all our new and existing subscribers.

20% off to all our new and existing subscribers for the holy month of Ramadan.

Email : Scalperking.mu@gmail.com
53
General Discussion / Re: Scalper King signals update
« Last post by ScalperKing on June 09, 2015, 10:19:20 am »
As expected bulls are tired now

54
General Discussion / Re: Scalper King signals update
« Last post by ScalperKing on June 09, 2015, 01:02:44 am »
Techinal Analysis update

Good Morning to all,

our last trade has been extended  quite a bit long which should not happen normally but its a market all can just take the best trade they can, any ways talking about the technical analysis, we are in really important zone, and in past most time price have reverse from this point, RSI is also not showing any bulls signs at this moment so hope full this trade should come in our favor by this week, I am keeping close eye on this trade.

Also there is a double top building on 4hour time frame so I am really looking forward that EURAUD will fall once the bulls fails.



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General Discussion / Re: Scalper King signals update
« Last post by lind on June 05, 2015, 06:06:07 am »
still hoping for the best with last trade.....
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General Discussion / Re: Scalper King signals update
« Last post by ScalperKing on June 04, 2015, 06:32:24 am »
What I don't understand is that it supposed to be a scalping method. What's even worse is that you took a trade that had a SL of 580 pips and a TP of 150 pips. That's a Risk/Reward 4:1 !!!! And on top of that you keep adding to a loosing position which is the fastest way to blow an account.

Can you explain what's going on?
.

well you have a very valid question, but again I am a scalper and you will see 90% of my trades are scalping trades, but I am also swing trader if I see some opportunity, usually my SL are not this wide, but due to high volatility on EURO because of sudden high yields on EURO bonds has caused this extra leg on EURAUD, fundamentally nothing has changed on EURO zone specially the interest rates so we are still with the main trend. but again I am a scalper and I will continue scalping as usual. Money management is important factor in every kind of trading.

57
General Discussion / Re: Scalper King signals update
« Last post by Fusion on June 04, 2015, 05:32:35 am »
What I don't understand is that it supposed to be a scalping method. What's even worse is that you took a trade that had a SL of 580 pips and a TP of 150 pips. That's a Risk/Reward 4:1 !!!! And on top of that you keep adding to a loosing position which is the fastest way to blow an account.

Can you explain what's going on?
58
General Discussion / Re: Scalper King signals update
« Last post by ScalperKing on June 04, 2015, 03:28:57 am »
EUR/USD Technical Analysis: Aiming Above 1.13 Figure

The Euro rebounded against the US Dollar as expected having produced a bullish Morning Star candlestick pattern. A daily close above the 50% Fibonacci expansion at 1.1320 exposes the 61.8% level at 1.1439. Alternatively, a turn below the 38.2% Fib at 1.1202 opens the door for a challenge of the 1.1005-55 area (23.6% expansion, horizontal pivot).
Our long-term outlook calls for broad-based Euro weakness. With that in mind, we will treat any on-coming gains as corrective and wait for the move higher to offer a selling opportunity. In the meantime, we will remain on the sidelines.


http://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2015/06/04/dailyclassics_eur-usd.html
59
General Discussion / Re: Scalper King signals update
« Last post by ScalperKing on June 04, 2015, 12:46:42 am »
Market updates :

It has been an eventual few sessions for EURAUD, as traders flock to both the euro and aussie. The AUD was propelled higher by the RBAís policy meeting yesterday when the bank wasnít as dovish as the market was expecting it to be, while EUR rocketed higher after reports that Greeceís creditors reached a deal and eurozone inflation beat expectations. The fun isnít over yet for EURAUD, with a policy meeting at the ECB tonight and slew of economic data out of Australia over the next two days.

In Europe, the IMF and European Commission have reportedly come to an agreement on what Athens need to do to get its debt under control. There is no guarantee that Athens will accept the deal, but itís definitely a step in the right direction. The positive news coming out of Berlin was preceded by stronger than expected eurozone inflation numbers Ė core CPI jumped 0.9% (expected 0.7%). With a policy meeting at the ECB tonight, traders have taken the opportunity to unwind, pushing EURUSD to a resistance zone around 1.1200 in the European session overnight.

Meanwhile, the RBAís policy meeting yesterday was very eventful for the Australia dollar. The bank noted that Australiaís uncertain and somewhat bleak economic outlook requires accommodative monetary policy, especially considering the RBA isnít getting much help from the fiscal side of the equation. This is a slightly more dovish tone from the central bank when compared with its last policy statement, but not by much. We still consider this as an implicit easing bias, as opposed to an explicit one, which is too vague for Australian dollar bears; as is the bankís decision not to expand on its bearish stance on the exchange rate.

This resulted in a drive towards the Australia dollar ahead to todayís Q1 GDP numbers (1130AEST/0130GMT). The market is expecting the Australian economy to have expanded 0.7% q/q and 2.1% y/y, but the risk is skewed to the downside after Q1ís abysmal private capital expenditure numbers. After the growth figures, AUD traders will turn their attention to the release of Australian trade (expected 2.1bn deficit) and retail sales (expected 0.3%) numbers for April.


http://www.fxstreet.com/analysis/indices-insider/2015/06/03/


EURAUD flirting with 200 MA
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General Discussion / Re: Scalper King signals update
« Last post by ScalperKing on June 04, 2015, 12:09:31 am »
Market Updates :

We are short on EURAUD because after interest rate from the both region we see there is no change and the bearish trend on both should continue, also looking at greece problem EURO looks more in mess compare to AUD so we are short on this pair.

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