Or do you find the best technical analysis forex

As you know , I do my own technical analysis on EUR / USD you can read 2 times a day on my website or my forecast for the week on currency pairs GBP / USD and EUR / USD on Sunday evening.

Do technical analysis and often a bet that is proposed to others . However, my experience with forex charts and used technical indicators as MACD , allow me to see what others may be , can not see.

I do not say that my technical analysis in forex are better than what you can find elsewhere. However, some days I 'm pretty satisfied with my reading of others and comparing them to mine, like this one I found on a forum ;

" EURUSD reacts on the downtrend to resume the path of decline . It will back above the 1.3436 / 1.3440 to become bullish , below these levels may decline over the return on 1.3540 is possible. recross it be to remove the downward trend seems to be emerging. "

In reading it, I did not understand much. But maybe someone can translate me ....

I also admit that I 'm pretty surprised some conclusions , wondering if they are really able to read technical indicators .....

Of course , it can happen to me wrong and say that every week I 'm wrong at least twice around the 10 analyzes that I offer. The reason is that either I misread my indicators or because I 'm too late on the trend , hoping it happen later.

Unfortunately, this is a big mistake to anticipate a trend that can be never happen and therefore , it is best to describe what we see at time T , even provide several scenarios.

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What are the best Forex brokers

What are the best Forex brokers

Last night, a friend posted a link on the forum Mataf a new broker who hinted on its advertising for beginners forex humongous gains after a so-called training. As you can see here:

Also before you leave trapped by marketing and promises of quick gains. I recommend you come see my page dedicated to forex brokers or I give my opinion on Oanda, saxo bank, FXDD, FxPro, Dukascopy, FXDD and others so that you do not have a problem to start trading on the market currencies.

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Managed Account Scam or bad luck ?

One of my friends made the sad experience of losing his money by entrusting it to a person who proposed to manage money on a forex account.

The person that I know a little, does not have his first victim and I've heard of another person who was caught in the same situation without being able to have an explanation .

Can we talk of scam or just bad luck?

Many people dream of making money and some uninhibited people offer their so-called talent trader to offer their services.

How are things going ?

First, you meet a person chatting on a daily announcing astronomical performance above 100 pips 100 pips there and you naive little you start forex trading , you are in awe of its results without imagining that you are falling into a trap.

More the person is super friendly with you and is willing to help you, advise you, give you a technical indicator , finally all the help you need to maybe one day get to do as well as him.

You are put in trust and the person offers to train you in forex and discover the secrets of trading by asking 800 euros. You agree that you will finally be able to make money ....

Once training is completed , you try to trading following the method but quickly descant you because you are unable to reproduce the winning trades .

But not serious your new friends is there to help you and eventually he offers to manage your money against a percentage of earnings and you will be trusted.

Result , your friends took you 800 euros for training that does not serve you much because you do not have the experience to implement and you end up one morning to discover that the money you give him had entrusted disappeared in a multitude of losing trades .....

Then of course , you try to have an explanation, but unfortunately your friend who was present when if you had a problem not answering your phone calls or your emails .....

Finally, never give your money to someone to manage . Do not be naive , finance is a world of sharks and some are ready to take you all for money. Also do not hesitate to ask for an opinion on a forum to see if others have tried it and if it had been beneficial . So you avoid seeing your savings from smoke ......

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