What do you think about eurusd trend for a next week…It’s hard to say…just waiting…hope this week the price could break the monthly 61.8fib line(1.3400) and close, before it change the major trend to bull. I’m still not close my sell position which I’m open since last week. hehehe…..
Recently I’ve installed ressistence and support indicator, I’ve plan to use it in my scalping strategies. All the indicator in the picture you can get it from free indicator. Happy trading.
Scalping Forex is fun. Learn it and trade profitably!
Forex scalping strategies… has gained high popularity nowadays. We welcome you to explore our free and steady growing collection of Forex scalping strategies and ideas!…maybe the collection of forex strategies can help you during trading. I’ll try it….
Hello guys…its almost two month I’m doing forex in real acc. What I can say is I need a lot of discipline during trading. I got 70% win in trading. When I lost it cause big volume which is more than 100USD. For the next month my target is to get 50USD per day. Wish me luck.
What is a Correction?
In general, corrections consist of movements against the prevailing trend. Unlike an impulsive movement which contains five waves, corrective waves are usually divided into three sub waves that are generally denoted by the letters A, B and C, although some corrections like Triangles have two additional waves labeled D and E. Such corrective waves move contrary to the trend observed for the wave of the next larger degree or size and can be either sharp or consolidative in nature.
Discipline can and always has been sabotaged by the internal Child in us. The Child hates discipline! Wants to play, to explore, to be creative or to try new things. Too bored with
things that do not move. Is constantly looking for fun, games or thrills. And Forex is an awesome playground for excitement.
Therefore, we have to be strict with our Child. Tell our Child you cannot have the fun and games at Forex! The other place you cannot have the fun is at a funeral.He or she can have all
the fun elsewhere but not at Forex or the funeral.Thrilla in Forexa & Funera a la Banca!
So, get yourself to do three simple things each day. Write them on a blackboard in your office or bedroom. And if you manage to get these three things done each day for five consecutive days, buy yourself a present on the sixth day.
Do this for a month. While carrying out this mission/reward exercise you will discover it is easier for your Child to set goals and follow them too during your trading. Why will this
work? Simply because our Child is a sucker for rewards. He or she will do anything if you dangle some goodies at the end of the stick.
If this doesn’t do the trick, then get someone to monitor (look over the shoulders) whereby you would have to send in a short ten-line summary of your daily activities by email at the
end of each evening – or risk paying a fine!
An important proposal was announced by the CFTC on January 13, 2010, which will affect forex traders whose accounts are with a US regulated broker. This proposal will affect any traders trading with US based forex brokers.
Please visit http://www.cftc.gov/ucm/groups/public/@lrfederalregister/documents/file/2010-456a.pdf
LMT Forex Fomula . It stands for Low – Maintenance – Trading. It’s a method Dean devised after years and years of searching for systems to trade the Forex market. Anybody have use it?…Please share your experience…It is worth for newbies like us?….hope somebody can post your testimonial.
p/s – I’m plan to buy it but not decide to buy it urgent.
To whom using any broker from US, should be aware of the limited action during the trade. I suggest you to transfer the acc to the UK. You have to check if your current broker have UK broker base. To whom using FXCM, we suggested below.
FXCM UK
MT4 Forex Broker
FXCM is one of the largest Forex brokers in the world today. With over 100,000 live accounts, they span the globe with operations in the UK, China, Australia, Canada and the USA. Now offering MetaTrader 4, EA traders can now benefit from trading with a world-wide Forex broker. Spreads are variable, reflecting market conditions and trade execution is very competitive. Minimum account size is US$2,000, but when you use our preferred introducing broker (powertradeFX) you can open an account with as little as US$300.
FXCM-UK Forex Intruducing Broker Offers:
* Tight, variable spreads
* Fast trade execution
* MT4 Platform available
* Credit card or Bank Wire funding
* Free Forex Power Course Available
* Hedging allowed
* US$300 minimum deposit
* FSA Regulated firm
*To get USD300 as opening acc you have to go to their seminar
*Be able to transfer from existing FXCM US acc to UK acc for hedging ability for previous trader.
Hey, thats good offering from Dean Saunders and Marc Walton
What exactly their offer. It is good for newbies. Lets read it below:
There will be a private blog is where you get to trade along side us, this is where the real meat of the mentoring happens.
- Each and every day we share with you our view on the markets.
- You will be able to see our charts on video as we explain what we are looking for with each of our trading methods.
- You will know exactly where we are planning on making a trade and most importantly why we are planning on making a trade.
But it doesn’t stop there…
Got a question?…
Just ask, we are here to help.
This is no filler…. no fluff.
It’s 100% meat and instantly usable material you can take action on today and begin transforming into a professional forex trader.
We give you real advice and steps to success.
No regurgitated advice or promotions.
Real usable advice from your personal forex mentor and coach.
Low cost forex mentoring service. Daily video analysis, predictions for the day ahead, educational videos, simple trading strategies and advanced LMT forex techniques. Full support & advice.
But that’s not all…..read more about forex mentor
Dear Trader:
The following resources will help you utilize your currency trading practice account:
Videos for Beginner Traders*
| Videos for Advanced Traders*
Education
Resources from DailyFX+ for Live Accounts
|
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