Hi, I was scammed very badly and want others to chose only the right forex services. There are some good people in this business, like Felix.Thank you.
For a mechanical system it is really nice. Also you get all updates for free, and you can make some profit. Though, after good periods, there will come the bad ones, that's forex. I am not trading it anymore, but look on it for confirmation.
Seems like a really interesting systems with many followers and a reasonable logic behind it. Too bad, when I joined this was a very bad day after intervention of central banks all signals were stopped out for like 500 pips. This can happen.
Traded AUS/JPY for a while in August / September. But then market changed, and I feel it is also very choppy now. But I will take a trade now and then and also make some decent profits with it.
Well, the recession will also lead to a decline in trust in the USD. So many states could exchange there USD savings with other currencies, like China did. As you can see today, the EUR/USD has climbed to new highs.
I would also recommend babypips. Helped me a lot to understand the language and facts of forex. They even have a profitable strategy with daily signals. Check it out!
Gold
On a longer sight, there is much space for further gold price rallye. Fear of recession, dollar decline, house price decline etc. will push it in higher regions, no doubt.
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