QUOTE(zeling89 @ Oct 17 2012, 02:47 PM)
update:
move SL up to: 1.0275
risk level: none (locked 5pips)
You should be glad that your risk is zero. A lot of traders lose money this week.
Market is a bit odd at the moment. The gold trades yesterday earn some pips but it went up again today.... Let's see what happen next week.
I m out for this week.
Added on October 17, 2012, 5:15 pmQUOTE(kevler @ Oct 16 2012, 11:06 PM)
USD index is my main indicator
currently USD index at level 79.47 ...if it break below 79.33 ..i think most of us will start to buy EU dan GU :-)
plz refer to my postings on USD index ..u will understand the value of this index
my formula
dollar index down (if vice-versa, just change it to sell/buy trade)
===========
buy EU
buy GU
buy AU
buy NZUSD
sell UJ
sell UCHF
sell UCAD
buy Gold
Where to get this USD index?
Added on October 17, 2012, 5:18 pmQUOTE(foccacia @ Oct 16 2012, 08:20 PM)
Hi All, I like to start trading in forex but I am a complete newbie with 0 experience.
I read some post regarding micro accounts with only 100 USD to trade with. Can someone recommend me trusted websites who has demo accounts or these micro accounts?
Some strategies I read is never risk more than 2% per trade, but I feel without proper experience, reading the theory does not do much good.
Any help will be very much appreciated!

Try out demo first. Try various brokers' demo to find out which suits you best.
Demo for at least 6 months before u go live. And even then, trading live is so much different from demo. Start off with small capital.
QUOTE(AraBaMaSaNa @ Oct 17 2012, 12:13 AM)
Hi,
Im new in forex and dont have any experience trading
I just tried a demo account which i download from the website
is it everytime we buy or sell also will start with negative amount ( - ) ?
just like i buy or sell with size 0.01(10 cent) in EURUSD everytime will start with -16 (is it normal)?
mean i start the deal from -1.6 usd ?
but when i directly close the deal and it just cost me 0.16 usd
i dont understand about this
can any1 explain to me please?
Thx alot
It's the spread broker charged on you.
This post has been edited by solstice818: Oct 17 2012, 05:18 PM