Forex Alien

book on trading with news

good afternoon, i just read the book "the little book of currecy trading" by kathy lien, and i liked the chapter on trading with news, i would like to know if anyone can refer me a book on how to trade forex with news?
submitted by Trader_Kamikaze to Forex [link] [comments]

book on trading with news

good afternoon, i just read the book "the little book of currecy trading" by kathy lien, and i liked the chapter on trading with news, i would like to know if anyone can refer me a book on how to trade forex with news?
submitted by Trader_Kamikaze to Daytrading [link] [comments]

Reality Check, Please

Hi everyone,
Seeing the recent volatility in the markets has inspired me to brush off my trading cap and try my hand again after taking a year and a half hiatus. I’m currently in college studying International Economics and I’m hoping trading will be a good way to put my some of my schooling to work.
I am trying to estimate the feasibility of starting up a small account (~10k) with a few of my classmates who are top students studying Computer Science/Finance/Econ. What sort of returns are to be expected for relative beginners in current FOREX volatility?
Our current plan is to swing trade, taking intraweek positions to capture the back and forth in the EUUSD. I have completed the BabyPips course and have read some other books (namely Kathy Lien’s best selling FOREX manual). From googling around in forums, it has been hard to filter the bullshit returns that lots of folks claim to have. How realistic is a 5% monthly target? Would I be better off putting my 10k in another asset class now and walking away?
Thanks for you help! Any advice is appreciated.
Edit: Hey folks thanks for the advice! So far there’s been a range of optimism, which has been inspiring and fun to read. I wrote this post on the fly, and I understand I made it seem as if I were going to dump a whole 10k all at once for 3 trades. Not the plan for now..
submitted by Phill_Mike_Hunt to Forex [link] [comments]

Wife's accoung is being impersonated!

My wife is being impersonated by an account on Instagram, I posted this a couple of weeks ago and then deleted because I couldn't deal with being attacked as a troll. Her original account is private but then we found someone with 19K followers posting pics of us and our children and soliciting money for a bitcoins scheme. My wife doesn't do bitcoin, she's more of a foreign currency strategist than a crypto person. To simplify, this is her twitter account:
It points to her new legit Instagram here:
Notice her last name is Lien, not Lein.
We are dealing with a fake account here:
This guy used to be called @kl_forex_trading_guide but renamed the account to confuse with my wife's real account.
I was called a troll because he has 22K followers and my wife only has 350-ish but this is her real account.
I just had her apply for verification using her passport, what else can be done to remove an impersonation account?
Rob (Kathy's husband)
submitted by kohrtoons to Instagram [link] [comments]

Preparing for the catastrophic failure of my parents. Plus venting some frustration.

Reddit, how do I prepare myself for their impending financial doom and the assistance that my parents will need in the near future?
Father age 65, Mother age 64. I always thought my father was a financially smart. Growing up, he taught me general money principles and gave pretty sound financial advice. He was an insurance agent for 25 years before the insurance company fired all its agents. He then worked as a financial advisory (the irony), and then a mortgage loan agent. These were all things in the financial realm. Image my surprise a few years ago when I was visiting, to be woken up at 6 am by a tow truck repossessing my fathers car. But that, as it often is, was just the tip of the iceberg.
The Financial Wrongs
My father will not talk about his own finances. He thinks it is incredibly private and will absolutely not discuss them, even in dire circumstances. Because of this attitude, when I started to wise up to my parents situation, I could only get info from my mother. Finally, I felt like my hand was forced and I went down to the county records office and started discovering things for myself.
That's all I have found out up to now. I would not be surprised if there was more. What is incredible to me, is that my parents took half-a-million dollars out of the house, took money from my grandmother, have NOT BEEN PAYING A MORTGAGE for 6 years, and still have no money. It blows my mind!!
Current State
Well, the shit is starting to hit the fan. The 7 year lawsuit concluded and they are now forced out of the house, currently staying with my aunt. They have not had health insurance for the past 15 years, and my mother is starting to have some health issues. My father's family history is very cancer heavy. I estimate their income at about $1500-$2000 per month form my father's work as a loan agent. Both of the cars are in bad condition. In February my father will get his pension from the insurance company where he worked for 25 years. He has opted to take a lump sum of about 100k. Currently he plans to invest that in Forex trading. The best part is that they feel like they have worked their whole lives, and now "want to retire" (ceasing all work). I've tried to tell my mother that they are in a really bad place and that she can at least be a greeter at Walmart, but she is set on not working.
What do I do
Honestly, I love my parents, but it looks like they are counting on death as their way out of financial ruin. Do you literally let your parents go homeless just because you want them to "learn their financial lesson". I absolutely will not indulge my parents in any money for businesses, but what about food? My aunt who is currently housing them has made it clear that she does not want to. My sister has agreed to take them, but I don't want to place a huge burden on my sister. Where is the balance between "I love my parents" and "I don't support your life style"? My sister is pretty financially sound (So I think, we've discussed this a lot). But again, I don't want all of this to fall on her.
EDIT: I've received some good advice so far. Thanks for your help.
submitted by trash_account0 to personalfinance [link] [comments]

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Kathy Lien: 3 Ways to Trade Forex

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