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Emma Durban Thazo

@emma_durban Last seen: 40 minutes ago We dont trade the markets, we trade our beleif of the markets
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Biggest US bankruptcy in history, that helped start the biggest recession
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Seems like IG is already too big so they don't need to be in SA
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It took me two years to realize the market wasn't out to get me, I was out to get myself. 🙏 Thanks for being honest about it.
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Everybody claims their strategy works for them yet 95% are still failing
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What a stingy prop firm
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Currency pair: a combination of two currencies of different countries whose price is the exchange rate. An example of a currency pair is EUR/USD and the current exchange rate is around 1.1500. So someone can say I am trading EUR/USD and the current price is at 1.1500 the price they are referring to is the exchange rate.
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Who is the best trader in the world? Oh yeah I guess its a man!
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I guess because most traders always end up giving back money to the market and ending up with zero
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It can blow your account if a sudden news report comes out
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EUR/USD is a utilitarian pair, investors use both currencies in the pair for hedging exchange rate risk in other investments they hold. I believe that because of this, the movement of the pair depends on the amount of hedging it is being used for and so it hardly respects support/resistance lines. It can just reverse in the middle of nowhere because some investor somewhere is using it to hedge a big risk on an investment he took. Think of it like a puppet with no mind of its own
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I didn't say interest rate will go down, I said there will be a hike meaning increase
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Investors may be thinking interest rate hikes are coming so they are going to buy the dollar which will make EUR/USD price to fall
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It is supposed to be bearish
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okay
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A good strategy should give daily setups tho
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See the love letter here, kicked out for being profitable
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"Your activity cannot be categorized as genuine trading" 😂
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My opinion is trading in the direction of the higher timeframe is for swing traders. The fact that a higher timeframe is say bullish does not mean you cannot short, the market doeesnt move in a straight line it goes up and down
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Same playbook, they appear rich first then sell you the dream
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EUR/USD
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