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 FOREX Corner v 5.0, FAQ|Technique Sharing|News|Broker

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nahte83
post Mar 30 2009, 10:09 AM

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QUOTE(bulkbiz @ Mar 30 2009, 09:27 AM)
cool. Mind to share your analysis here?
*
I was using a 15m chart, I guess it's going down when I saw 2 bear candles in succession around the top Bollinger, followed by a parabolic SAR swap from bottom to top, and finally a confirmation from a downward signal at the roof of RSI. I sold a contract and put a limit at the lower Bollinger because I was dressing up and I didn't have time to watch it closely.

I didn't screenshot this one so I guess I'll try to start posting up screenshots of my profits and losses to share my analysis.
donmou
post Mar 30 2009, 06:22 PM

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Anybody been using the "Forex Autopilot" program to trade? Any comments about this? It's a robot program that does the trade for you, an AI system.
victor131490
post Mar 30 2009, 07:52 PM

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QUOTE(nahte83 @ Mar 30 2009, 09:08 AM)
Made 25 SGD within 30 minutes this morning from NZD/JPY. Is that considered good profit? I'm on a micro demo account.
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its good. but u need to maintain it. smile.gif
cracksys
post Mar 30 2009, 09:07 PM

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QUOTE(donmou @ Mar 30 2009, 06:22 PM)
Anybody been using the "Forex Autopilot" program to trade? Any comments about this? It's a robot program that does the trade for you, an AI system.
*

haha, good luck.
mphpopular
post Mar 31 2009, 07:35 AM

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GU h4


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mphpopular
post Mar 31 2009, 08:00 AM

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eu usdchf h1


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boringz
post Mar 31 2009, 08:49 AM

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umm.. mphpopular. what would h1 and h4 mean? sorry if its a noob question.. hehe. trying to understand ur stuff.
nahte83
post Mar 31 2009, 09:09 AM

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QUOTE(boringz @ Mar 31 2009, 08:49 AM)
umm.. mphpopular. what would h1 and h4 mean? sorry if its a noob question.. hehe. trying to understand ur stuff.
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boringz, h1 is an 1 hour chart, and h4 is a 4 hours chart. sames goes to the likes of m15, m5, which means 15 minutes and 5 minutes chart respectively.

Guys, I have some questions here:

1) If I set the stop loss level to my entry level everytime I find the opportunity, won't I be minimizing my losses by a lot? I also know that it can easily limit our profits since the price might just fluctuate and trigger the stop, but then, cutting losses are much important than gaining profit, not? Need opinions about this.

2) I am trading using a demo account now. When will I know I am ready for the real thing? Is it when I win 50% of my trades or 80% of my trades? Or is it determined by my loss:profit ratio?

3) For the guys who have been in forex for quite some time, how much you're making daily, weekly, monthly, in average?

Your enlightening answers are much appreciated. Thanks.
rstusa
post Mar 31 2009, 09:56 AM

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QUOTE(nahte83 @ Mar 31 2009, 10:09 AM)
2) I am trading using a demo account now. When will I know I am ready for the real thing? Is it when I win 50% of my trades or 80% of my trades? Or is it determined by my loss:profit ratio?
Your enlightening answers are much appreciated. Thanks.
*
Is determined by how many percentage of your capital you can gain every month and also determine is it accurate every month you gain? Eg: if the first month you gain 10% then you should demo again for 2nd month, 3rd month see whether you gain also around 10% or not, if yes, mean you found your method, and you can gain accurate income now.
bulkbiz
post Mar 31 2009, 12:38 PM

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QUOTE(rstusa @ Mar 31 2009, 09:56 AM)
Is determined by how many percentage of your capital you can gain every month and also determine is it accurate every month you gain? Eg: if the first month you gain 10% then you should demo again for 2nd month, 3rd month see whether you gain also around 10% or not, if yes, mean you found your method, and you can gain accurate income now.
*
yea. agree. at least 3 months in demo
nahte83
post Mar 31 2009, 12:57 PM

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QUOTE(rstusa @ Mar 31 2009, 09:56 AM)
Is determined by how many percentage of your capital you can gain every month and also determine is it accurate every month you gain? Eg: if the first month you gain 10% then you should demo again for 2nd month, 3rd month see whether you gain also around 10% or not, if yes, mean you found your method, and you can gain accurate income now.
*
You mean consistent.

Thanks, now I know I'm on the right track and latest by next year, I should be making some side income from forex. smile.gif
rstusa
post Mar 31 2009, 02:09 PM

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I remember last year we got a link about all forex broker in US showing their funds capital volume, either the link from NFA or CFTC, forgotten. Anyone still keep the link?
cracksys
post Mar 31 2009, 02:18 PM

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QUOTE(rstusa @ Mar 31 2009, 09:56 AM)
Is determined by how many percentage of your capital you can gain every month and also determine is it accurate every month you gain? Eg: if the first month you gain 10% then you should demo again for 2nd month, 3rd month see whether you gain also around 10% or not, if yes, mean you found your method, and you can gain accurate income now.
*

does 15% gain per day ridiculous?

it's too easy. i feel like participating a scam-hyip right now
mphpopular
post Mar 31 2009, 04:20 PM

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QUOTE(mphpopular @ Mar 31 2009, 08:00 AM)
eu usdchf h1
*
Tis both workout perfectly
bulkbiz
post Mar 31 2009, 04:45 PM

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UJ 15Min chart
rstusa
post Mar 31 2009, 05:07 PM

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QUOTE(cracksys @ Mar 31 2009, 03:18 PM)
does 15% gain per day ridiculous?

it's too easy. i feel like participating a scam-hyip right now
*
Why not? If your trading method accurate.
dreams_achiever
post Mar 31 2009, 07:32 PM

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QUOTE(rstusa @ Mar 31 2009, 02:09 PM)
I remember last year we got a link about all forex broker in US showing their funds capital volume, either the link from NFA or CFTC, forgotten. Anyone still keep the link?
*
Maybe you can try use this link below:
http://www.earnforex.com/forex_brokers.php
boringz
post Mar 31 2009, 07:43 PM

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Thanks nahte83 for the information. smile.gif
tph84
post Mar 31 2009, 07:45 PM

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anyone know how to deposit money to Marketiva? i tried open account at Liberty Reserve, but how to deposit money to Liberty Reserve? and how to transfer the money from Liberty Reserve to Marketiva?
JinXXX
post Apr 1 2009, 10:52 AM

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hello master traders tongue.gif

anyway just wanna know what platform are you guys using ?

so far all i see/hear is MT is the best, is there other good alternatives to MT ?

one more questions usually which broker do you guys use ?

cause i'm planning to find a good broker/platform.. but there seems to be "fan-clubs" every where so its hard for me to find the info i needed


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