EU may go done again by looking at the market trend.
Everyone is waiting for the NFP to come out then only trade.

Btw make some profit by longing yesterday with MACD histogram haha.

Can remove instaforex ka? That is the worse market maker in the industry.

I been holding no position from last week till now.
Syria issue crash EU.
First time facing this weird situation, when it should be rebounding but yet keep facing down.

I'll wait for NFP and see the trend. Safest

*Not tips. Just sharing my thought.
EU might bounce up a bit for trend correction.
To how much can't predict with this market~

Instaforex is the worst market maker broker.
Plenty of people keep on complaining, they have weird rules too.

Yea, quite a number of people using FxPrimus here.

Me myself using FxPro UK.

But I found a Australia regulated broker "icmarkets".
I think should be good too. Segregated account, AA credit rated Westpac/NAB.
ECN broker.
Same software with my FxPro.
Commission much lower than my FxPro.
When High Volatility with -0.3spread for EU. (During Euro&US market)

Agree with it.
Because of unstable market. I switch to demo these 2 weeks. Sell limit @ 1.32150 ytd got some profit, I still try to study the market trend.
Don't understand what other investor thinking haha.

Better don't rush in and burn my hard earn money haha.

This post has been edited by zDarkForceSz: Sep 5 2013, 12:12 PM

Use Uncle Google wisely.

MPS includes
-study of inflation
-economic outlook of the country

is like a study report of the country economy, predict it's GDP/CPI,asset,expenses and etc.

FXCM minimum is 50USD.
but I strongly not recommend.

Use demo to learn everything first before you putting 1k usd into forex.



Take forex as investment not gambling.
In this fast market, your 50USD can be gone in a sec.

Smaller capital, smaller SL area allow for the price to breath; easier hitting SL, easier lose all your money.
Larger capital, lager SL area for the price to breath; harder hitting SL, harder lose all your money.

*the meaning of "harder" doesn't mean there's no chance hitting SL, but a better percentage not to hit SL. And after hitting SL, you still got fund to open another position.

This post has been edited by zDarkForceSz: Sep 5 2013, 05:20 PM

High risk robot =x

Definitely not a good robot.
Raise the risk by 2.5x but yet give return of 600++USD only.

Smallest volume = 0.01lot (1pip = USD 0.10), and you need LARGER leverage not SMALLEST =1:500 ~ 1:1000
You have to win 10pips for USD 1 and 100pips for USD10.
Haven't minus any charges like swap/commission.

Your SL is tight like no tomorrow for the breath to breath, and you got higher chance hitting SL before rebound to hit your TP.
Demo along your way before you invest USD 1000.

Below this 2 sifu already tell you about USD 100 is hard for your money management.

Bro, you mean broker?
Not all broker charge commission.
When broker provide you with forex pair from 0 spread, this means broker charge commission.
If broker provide you forex pair with 1.0spread onward, they earn from the spread itself, and won't charge you commission.

Swap is another story.

ECN broker who provide forex pair from 0 spread normally charge you commission.

I think commission is not the main problem, but you're able to withdraw your money back to your account is the main issue in this industry.
Make sure your fund is safe in other people hand, then only think about commission.

*Note a lot people blindly invest yet one day unable to withdraw their money.

no my friend. the Margin means the amount of money you used to hold that position.
(Equity)/(the margin in used)*100 = Margin Level %

For example you got USD 100, with lvlrage 1:500, standard 0.01lot (1pip = USD 0.10)

EurUsd @ 1.3171
Required margin to open Standard 0.01lot = USD 2.63

Margin Level = (100-2.63)/2.63*100
=3702.28%


For my broker FxPro



Learn to manage your money unless you always wanted "Margin Call"

This post has been edited by zDarkForceSz: Sep 5 2013, 09:49 PM

[(BASE) / (Home Currency)] * [units] / [leverage]

Home Currency = USD
Currency Pair = EURUSD
Base = EUR; Quote = USD
Base / Home Currency = EUR/USD = 1.3171
Units = 1000 (0.01lot) [10k units = 0.1lot] [100k units = 1lot]
Leverage = 1:500

Then, margin used:
= (1.3171 * 1000) / 500
= 2.6342 USD
= 2.63 USD

This post has been edited by zDarkForceSz: Sep 5 2013, 11:27 PM

We trade often, sometimes agak-agak can know how much is the margin required to open a position.

FxPrimus use that calculation?
I know is more unfair to be calculated that way to maintain the Margin Level.

Which broker are you using?

then is 200 by using the 100,000/leverage calculation.

most active user here using fxprimus.

Miss the train never mind. Don't because miss the train double up your margin become gamble.

hehe for news like NFP. If I want to trade, I will keep my fund all in FxPro Vault (aka safe deposit) then remain the required margin to open 0.1lot .
Even if lose, I lose that margin only~
Slippage? Don't worry, my fund is inside Safety Vault, FxPro will clear the negative balance of my trading account. HAHA

Normally with ECN/STP broker, when the market with ultra high volatility, the price shoot up/down in a sec.
lets say EurUsd I buy @ 1.3200, TP @ 1.3300, SL @ 1.3100.

NFP movement is about 60-120pips a min
NFP come out with GREEN

EurUsd drop and hit my SL, but because too high volatility,
The price keep on dropping faster, maybe stop @ 1.3090. Slippage, I lose more than I initially plan to lose. another 10pips lose.