This look like an indicator called Super Signal.

gslearning, is it something like that in the attachment?

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Added on October 10, 2009, 11:27 amYou can have trading method without TP & SL but you need to use smaller lot size like $0.01/pip or lower than 100units, just always remind yourself Margin Used don't exceed 3%, normally i trade 3% below.

This post has been edited by rstusa: Oct 10 2009, 11:27 AM


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Try Oanda with $1 capital trade with 1 unit ($0.0001/pip).

I'm using Maxis 3G to trade on mobile MT4, so far so good.

Yeah, agree the comments above. I don't know why now a day still got a lot of ppl want to discuss of irregularity forex broker, why don't they just look for the regulated broker which give more confidence on them?

Try either Oanda, IBFX or Alpari UK. Those brokers overall with good services. If you want to start with capital lees than USD500, then Oanda suitable. IBFX as my recommend you need at least USD500 and Alpari UK at least USD5000 to avoid risking your account, because you're still new, so i suggest the capital to risk ratio about the capital amount i told you which you're not easy to loss all your money but before you start live, go for demo first.

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Added on October 19, 2009, 11:18 pmYou can check here http://www.cftc.gov/marketreports/financia...rfcms/index.htm

This post has been edited by rstusa: Oct 19 2009, 11:18 PM

No guarantee, it just control by govt. Those forex brokers are belongs to off exchange-traded (spot forex) which govt are not guarantee the clients' funds if the company go bankrupt.

Because UK retail sales haven't got any improvement.

go to http://www.forexfactory.com/calendar.php and check out the daily news there with the red labels.

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Added on October 23, 2009, 9:33 amThis one also look like using MLM system http://www.superconsultancy.asia/

This post has been edited by rstusa: Oct 23 2009, 09:33 AM

Luckily I TP both GBPUSD & EURGBP, both got 100pips respectively.

I think because of the oil prices increased, last week oil prices from $79 to $82 and possible that will rise to more than $100 by end of the year.

Yes, you can see USD is up, so EURUSD down, USDCAD & USDCHF up.

I got a book for you which is www.babypips.com/school, price: RM0

In my analysis on D1 chart, EURUSD looking for a strong LONG.

Stay calm on your plan!

If this is live account, you'll get heart attack.

5 Reasons Why the Dollar Could Continue to Fall


1. Dollar Carry Trade Overused but not Overplayed

The primary reason why the dollar is weakening is because of the overused term "dollar carry trade." However although it is overused it is not overplayed because we have long said that how the dollar performs will depend upon where the Federal Reserve stands compared to the rest of their peers. Last week, the Fed reaffirmed their steady as she goes mentality by leaving the FOMC statement virtually unchanged. The Fed is very happy with the way things are right now and are not in a rush to unwind Quantitative Easing. In contrast, the central banks of Australia, the Eurozone and even Japan are much more likely to continue "deloosening" monetary policy. We still believe that the U.S. central bank will be amongst the last to raise interest rates and for that reason, the dollar carry trade should remain intact. Back in October, we published this chart of how close the market believes each of the major central banks are to raising interest rates and for the most part, it still applies.


2. G20 Pledges Continued Stimulus

The latest reason why the dollar is falling is because of the G20's pledge to provide ongoing stimulus. More stimulus is positive for the equity markets which in turn has helped to lift the EUR/USD and other risk trades. Over the past 2 years, there has been an 80 percent correlation between the S&P 500 and the EUR/USD. As long as members of the G20 are not paring back stimulus, high yielding currencies should outperform the U.S. dollar.


3. Geithner Avoids Talking about the Dollar

Treasury Secretary Geithner also avoided talking about the U.S. dollar at the G20 meeting. Typically, good old Tim likes to take this opportunity to reiterate the U.S.' strong dollar policy and his failure to do so may be more than just a careless mistake particularly in an audience of countries who hold massive dollar reserves and are fidgeting about the continued weakness of the U.S. dollar. It is no secret that the U.S. only pays lip service to its strong dollar policy. In a low inflation environment such as today, a weak dollar helps more than it hurts the U.S. economy.


4. Economic Fundamentals

Friday's non-farm payrolls number indicates the tough economic environment in the U.S. The unemployment rate has climbed above the psychologically hobbling 10 percent mark to 10.2 percent as job losses continued for the 22nd month. Millions of Americans are out of work and could have a tough time finding work over the next year which means that we could be facing a particularly weak holiday shopping season. Unless the U.S. labor market turns around, the impressive GDP growth that we saw in the third quarter may not be sustained.


5. Little Technicals Support

Finally, there is little technical support underneath the dollar. Taking a look at the dollar index, 74.93 is the 14 month low and the index is trading just above that. If this level is broken, the next major point of support is not until 71.50. For the EUR/USD a break above 1.5060 opens the door for a move towards 1.55 and for USD/JPY support is at 87. Futures trades have also trimmed their bets on dollar weakness which means that a break of support levels could encourage a wave of new short dollar positions.


Source: Bloomberg

This post has been edited by rstusa: Nov 10 2009, 09:30 AM

If you're not stupid then you don't need to post the noob question here.

If you're rude in this topic, i won't give you a damn answer from your up coming noob question. I only help those who are willing to learn and not for those disturb & insult other people here. God bless you that other ppl will help you here.

Maybe the STG biz can't gain any income then realised forex EA can help him make money.