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USA - FOREX - 1:500 LEVERAGE ACCOUNT IS POSSIBLE
Enough of american Brokers giving u only 1:50 leverage ?
Well, I found one who gives 1:500 leverage in USA - HotForex
Withdrawal is ok - they're serious
open a micro account, i repeat - a MICRO ACCOUNT to get 1:500 leverage
minimum deposit = 5$
Other types of account give u 1:300 lvg.
Trading instruments: Forex, Metals, Oil, Indices
Spreads: From 1 pip
Minimum trade size: 0.01
Multilingual Customer Support available 24/5 in 12 languages
Bonus: Flexible Bonus Offerings
ECN/STP Broker - No Dealing Desk
sign in there (BTW : refid=12381 is me so i 'll get a lil commission)
-> http://www.hotforex.com/?refid=12381
Refer people to the affiliate program and earn a portion of their earnings.
-> http://www.hfaffiliates.com/affiliate/affiliates/signup.php?refid=12381
When u sign in ,when they're asking you your Country,go on "other" - OTHER
u can even get a Debit card Hotforex
Enjoy,
any questions = call me on skype : ideafixed
or via email = mr.idfix@gmail.com
=idFix=
put a buy on eur/usd here at 14357 and your bound to make 60 pips oon a bounce
Anyone still alive around these parts?
over two years in live acct im happy
Anyone here recommend Oanda for live trading...I'm using their demo account and it seems to be very good.
The weekend is the perfect time to brush up on trading strategies and learn new ones. 40+ #Forex education videos here http://bit.ly/9BEL1I
Thanks. I got back into xag/usd long late last night. See what happens. Although I trade stocks on a regular basis, I'm gonna paper trade forex for a while and then open an account to trade it.
I made two successful trades (paper trades) the past two days on
1. EUR/USD long trade overnight
2. XAG/USD went short and profited in a few hrs yesterday
XAG/USD: 1. Short 51k shares @ 30.306
2. Closed 51k shares @ 30.285
3. Profit: +0.021 per share (not sure how many pips it is)
4. with the amt of shares I paper traded, profit margin was @ $1100 us dollars.
I decided to do a short against xau on the fifteen min chart here.
Is XAG/USD silver vs us dollar pair? TIA
I opened a demo account w/ oanda on the advice of board members. I am paper trading the eur/usd pair and have a limit buy order in @ the 200ema on the 1 hr chart.
Just looking in,I am very happy it is treating you so well
Nice quick short from 1.0140 on aud/usd today, and also around 1.3850 mark on eur/usd...
LOL yea we breed them, it's fun,, alot of work but fun..
Wow, 9!? That's one heck of a litter. I'm happy with one right now lol. This little guy is pretty nervous at the moment. He's been laying in a corner sleeping. Going to try and let him get acclimated before I do anything.
Good for you and do,
I have 9 Newfoundlands
Just adopted a black lab. The shelter was going to have to put him to sleep in a few days due to not having enough room for board. His owners left him in a parking lot. I decided I would help the little guy out and take care of him until someone wants to buy him. If that time does not care, then I may have to keep em for myself. I'll have to get a pic up soon.
Anyone else ride the XAG train today? Holy moly. The past month in XAG has been the most successful month for me in all of my time trading.
did you trade it today ?
that was a nice move today
nice trading
http://www.oilngold.com/ong-focus/technical/silver-daily-technical-outlook-2011012816136/
Silver Daily Technical Outlook
Comex Silver (SI)
Silver's recovery was limited by 4 hours 55 EMA and the break of 26.54 support indicates that decline from 31.275 has resumed. Intraday bias is back on the downside for further fall. As noted before, a medium term top is possibly in place at 31.275. Current decline should extend to medium term retracement level at 26.103 next
I just hit the silver retracement for over 6000 pips
Now up 37%, wish it was real money, HaHa
Not again! Another snowstorm hits US Northeast
Another snowstorm slams US Northeast, knocks out power, turns Obama's ride home into adventure
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A snowball fight breaks out at Dupont Circle in Washington in the still-falling snow, Wednesday, Jan. 26, 2011. (AP Photo/Pablo Monsivais)
Karen Matthews, Associated Press, On Thursday January 27, 2011, 4:50 am
NEW YORK (AP) -- Schools closed, planes were grounded and even President Barack Obama's travel plans were complicated in an all-too-familiar routine along the U.S. East Coast as another snowstorm swept over a region already beaten down by a winter not even half over.
The wet and sloppy storm engulfed the Northeast, where snowbanks in some places were already so high that drivers couldn't see around corners. In Washington, hundreds of thousands of customers lost electricity, as heavy snow toppled power lines.
Classes were called off and commutes were snarled from Tennessee to New England as cars and buses slipped and slid on highways. The New York area's three major airports, among the nation's busiest, saw more than 1,000 flights canceled. Pedestrians struggled across icy patches that were on their way to becoming deep drifts.
In New York City, the LIRR suspended passenger train service systemwide because of the storm. City bus service also was suspended.
Since Dec. 14, snow has fallen eight times on the New York region -- or an average of about once every five days. That includes the blizzard that dropped 20 inches (50 centimeters) on the city and paralyzed travel after Christmas.
The snow and icy roads created hazardous conditions for President Barack Obama as he returned to the White House on Wednesday after a post-State of the Union trip to Wisconsin. The wintry weather grounded Marine One, the helicopter that typically transports Obama to and from the military base where Air Force One lands. Instead, Obama was met at the plane by his motorcade, which spent an hour weaving through rush hour traffic already slowed by the storm. It normally takes the president's motorcade about 20 minutes to travel between the base and the White House.
Up to 14 inches (35 centimeters) of snow was forecast for New York City, which had already seen 36 inches of snow this season in comparison with the full-winter average of 21 inches. New Jersey also was looking at up to a foot of snow, and high winds were expected before the storm moves out early Thursday.
In Pennsylvania, residents hunkered down as a one-two punch of a winter storm brought snow, sleet, freezing rain and then more snow, which forecasters said could total a foot in some areas. Philadelphia declared a snow emergency as of Wednesday evening, ordering cars removed from emergency routes.
Rain drenched the nation's capital for most of the day and changed to sleet before it started snowing in earnest at midafternoon. Washington was expected to get up to 10 inches (25 centimeters) of snow.
Officials urged residents in Washington and Maryland to stay off the roads as snow, thunder and lightning pounded the Mid-Atlantic region. In Washington, Metro transit officials pulled buses off the roads as conditions deteriorated. Firefighters warned the heavy snow was bringing down power lines and causing outages.
Meteorologist Neil Strauss of the National Weather Service warned of traveling in the storm and said gusts in Rhode Island and eastern Massachusetts could reach 40 mph to 50 mph. Parts of Connecticut, Massachusetts and Rhode Island were expected to get thunderstorms, "somewhat unusual" for this time of year, he said.
About 200,000 customers lost power, about half as many as in July, when a powerful line of thunderstorms moved through the area.
For days, forecasters had been predicting rain, freezing rain or deep snow along the East Coast, but they weren't quite sure who would get what. That unpredictability continued playing out as the storm swept from middle Appalachia into the Northeast.
New York City declared a weather emergency for the second time since the Dec. 26 storm, which trapped hundreds of buses and ambulances and caused a political crisis for the mayor. An emergency declaration means any car blocking roads or impeding snowplows can be towed at the owner's expense.
Sanitation Department crews had more than 2,000 pieces of equipment, including salt spreaders, snow plows and front-end loaders, out overnight to clear New York City streets in time for the morning rush hour. Spokesman Vito Turso said that with snow falling at a rate of 1 to 2 inches an hour, trucks have had to go back and re-plow streets.
In the suburbs, a pickup truck plowing a snow-covered parking lot struck and killed a Long Island woman Wednesday afternoon, police said.
In forex, what are the typical lot sizes that you trade?
There was some news relevant to the euro. The Greens pulled out of the government coalition in Ireland, potentially jeopardizing the bailout deal with the EU.
But I don't know the exact implications or how it's unfolding, just saw a piece on it yesterday morning.
Well, I closed all my LONGS yesterday as the pullback from the high of the day was too extreme to assume a continuation of the trend.
As well, the EUR/JPY and GBP/JPY were both clearly striking a trendline that had been in place for a while.
Given all that, covering my positions was the right call. Regardless of what the media trys to relate to the overnight drop, it was simple technicals.
Currently no open trades.
$EURUSD: The pair has slipped back from a two-month high amid resurgent fears that governments will struggle to implement austerity measures
not sure if its me or not but
It feels like they are trying to find why the move this morning
1st gbp fell because its cold out
been cold for some time now ?
2nd fear about eur goverments struggle ?
been reading about this for last 6 months ? not new news
it is sitting right now on 1H downchannel line
(it is also where it bounced before but i agree
25 is real stronger support)
I wont go long till I see it turn
Im not good at calling tops or bottoms
I do see nice support at 25.00
will we get there ? we will see
26 is good for a long?
http://www.dailyfx.com/forex/market_alert/2011/01/25/Cold_Weather_Chills_UK_Growth.html
hmm its cold here too ?
$GBPUSD: The pair has jumped off a cliff after the UK's economy unexpectedly contracted in Q4 of 2010
157.89
well xag going down
I would say its a day for shorts
china not alone in its buying
Russia To Increase Gold Holdings By 13% In 2011, Will Buy 100 Tonnes Of Gold Each Year
Submitted by Tyler Durden on 01/24/2011 10:18 -0500
The WSJ reports that The Central Bank of Russia, which seems to have missed Doug Kass' Friday Fast Money appearance, plans to buy 100 metric tons of gold from domestic banks a year in order to replenish the country's gold reserves, Deputy Head of the bank Georgy Luntovsky said Monday, according to the bank's press service. In 2010 Russia's gold reserve increased 23.9% to 790 tons, or 25.4 million Troy ounces. As a reminder China has just over 1,000 tonnes in official holdings. Which means the PBOC will most certainly not be late to get on the bandwagon, although unlike the CBR, will unlikely issue a press release to announce its plans.
5
Thanks Giants, that is what I need to know
GOOD LUCK BUD ! ! !
Oanda has been fantastic for me. I love their charting program, and the look/feel of their trading platform.
I would caution you about forex.com
I have heard bad things about it from several people.
Nice job buddy. No trading for me today. Have several auditions lined up. Wish me luck!
By the way, in regards to vbulletin. I suggested you use it as a forum, not in addition to the forum you have right now. Vbulletin is a forum interface. I recommended it because I find it's interface has the most features of any other forum and also looks fantastic.
Then again the one you have up now also looks good. Just an idea I thought I would throw out there. Happy trading.
Nice movement today.
@ 20 points away from securing the first leg of profit on the EUR/JPY.
@50 points away from first leg on EUR/USD.
GBP/USD.....who knows..
Thanks for the info guys,, just shopping around trying to get some input.. dont like Zeccos platform..
GLTU all
I've had no problem withdrawing $$ from Oanda.
How is their withdraw policy?
hello
i like oanda .com
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~THE FOREX LAB~
If you've ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet (if you're a dude) or purse (if you're a lady) or man purse (if you're a metrosexual) into the currency of the country you are visiting.
You go up to the counter and notice a screen displaying different exchange rates for different currencies. You find "Japanese yen" and think to yourself, "WOW! My one dollar is worth 100 yen?! And I have ten dollars! I'm going to be rich!!!" (This excitement is quickly killed when you stop by a shop in the airport afterwards to buy a can of soda and, all of a sudden, half your money is gone.)
When you do this, you've essentially participated in the forex market! You've exchanged one currency for another. Or in forex trading terms, assuming you're an American visiting Japan, you've sold dollars and bought yen.
Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed. It's these changes in the exchanges rates that allow you to make money in the foreign exchange market.
The foreign exchange market, which is usually known as "forex" or "FX," is the largest financial market in the world. Compared to the measly $74 billion a day volume of the New York Stock Exchange, the foreign exchange market looks absolutely ginormous with its $4 TRILLION a day trade volume. Forex rocks our socks!
There are many benefits and advantages of trading forex. Here are just a few reasons why so many people are choosing this market:
No clearing fees, no exchange fees, no government fees, no brokerage fees. Most retail brokers are compensated for their services through something called the "bid-ask spread".
Spot currency trading eliminates the middlemen and allows you to trade directly with the market responsible for the pricing on a particular currency pair.
In the futures markets, lot or contract sizes are determined by the exchanges. A standard-size contract for silver futures is 5,000 ounces. In spot forex, you determine your own lot, or position size. This allows traders to participate with accounts as small as $25 (although we'll explain later why a $25 account is a bad idea).
The retail transaction cost (the bid/ask spread) is typically less than 0.1% under normal market conditions. At larger dealers, the spread could be as low as 0.07%. Of course this depends on your leverage and all will be explained later.
There is no waiting for the opening bell. From the Monday morning opening in Australia to the afternoon close in New York, the forex market never sleeps. This is awesome for those who want to trade on a part-time basis, because you can choose when you want to trade: morning, noon, night, during breakfast, or in your sleep.
The foreign exchange market is so huge and has so many participants that no single entity (not even a central bank or the mighty Chuck Norris himself) can control the market price for an extended period of time.
Jumping into Forex can be a bit overwhelming at first. It seems everyone is trying to market the "Holy Trading Grail" that is guaranteed to lock in profits, beach houses in the caribbean, and a few Lambo's in your driveway. The truth- don't get your hopes up. Like anything, learning Forex takes time. Becoming a profitable trader takes more time. Making enough money to quit your day job takes more time. Don't jump into this market expecting to become rich in a few years. Set your expectations at a reasonable level, and work up from there.
Step 1- Technical Analysis
Technical analysis is simply the analysis of past price changes in the hope of forecasting future price changes. These past price changes are forecasted onto charts. These charts are then analyzed by traders, each in their own style. There is NO right way of charting. If there was a surefire way to do it, then quite simply, everyone WOULD be doing it. You must develop a technique that works for you. It takes time. It takes patience. But in the end, it can pay off, very well. Below are several educational links that I have found to be most helpful in learning how to use technical analysis. It can be overwhelming at first, so take a few deep breaths. Get ready to put in a lot of effort and study hard. You are on the path to learning a new language. Remember that you must develop a style that works for you. Get creative, KEEP IT SIMPLE, and remember that if it sounds too good to be true, it probably is.
http://stockcharts.com/help/doku.php?id=chart_school
Step 2- Demo Accounts
I recommend that EVERYONE start trading with a demo account. A demo account allows you to learn the market without risking your own capital. Forex is brutal. You do not want to be getting margin calls your first week of trading because you thought you were smarter than the system. You are not. A demo account will give you virtual money in which you can trade with and develop a sound strategy for becoming a profitable trader. I recommend trading with a demo account for AT LEAST a month, before throwing your own money in. Study your successes and failures. Learn from your mistakes! Below are the brokers I recommend for both demo and cash accounts.
Step 3- Cash Accounts
So, you've learned how to use a chart, you've developed a profitable trading strategy with virtual money, and now you think your the next Gordon Gekko. Whoops. Not yet pal. AFTER you have done both of these things, it is time to put some real cash on the table. You will soon find out that trading with your own money tends to be slightly more nerve-wrecking than throwing $50,000 worth of virtual money into XAG. You will find yourself becoming much more picky in your entries. At least I hope so. This is why a demo account is so important. You NEED to have confidence in a technique you have developed. Without this confidence, you will be second guessing your decisions, wearing extra strength deodorant during your trading sessions, and before you know it your account balance will read a big fat ZERO. You cannot let emotions interfere with your technique. Greed, anger, fear, despair, hope, all of these will leave you bankrupt before you can say "Son of a Bi***". You need to become a machine and conquer your emotional impulses. This is what separates the successful traders from the failures. Do not start out with a six-figure account balance. I would not invest more than 5k into your first forex account. Take it SLOW. Small gains add up into large lump sums over time. If in a year you have a finely tuned system that has been consistently profitable, you can invest more of your capital. But start out slow with an amount that will not affect your life if you lose it all (which you probably will end up doing). Good luck!
The Most Liquid Currency Pairs
USD/CAD | EUR/JPY |
EUR/USD | EUR/CHF |
USD/CHF | EUR/GBP |
GBP/USD | AUD/CAD |
NZD/USD | GBP/CHF |
AUD/USD | GBP/JPY |
USD/JPY | CHF/JPY |
EUR/CAD | AUD/JPY |
EUR/AUD | AUD/NZD |
Notice how they are essentially an inverse of one another.
www.learntotradethemarket.com/forex-trading-strategies/inside-bar-forex-strateg/
www.learntotradethemarket.com/forex-trading-strategies/pin-bars-forex-trading-definition/
www.forextofreedom.com/pin-bar-candlestick-reversal-pattern/
investorshub.advfn.com/boards/read_msg.aspx
investorshub.advfn.com/boards/read_msg.aspx
www.stock-charts-made-easy.com/fibonacci-confluence.html
www.trading-naked.com/Confluence.htm
www.tradejuice.com/forex/pivot-point-trading-mm.htm
www.actionforex.com/markets/pivot-points/standard-pivot-points-2010040848154/
www.investopedia.com/articles/forex/07/pivotpointstrategy.asp
investorshub.advfn.com/boards/read_msg.aspx
"To be a successful trader you need to trade without fear. When you use fear as a resource to limit yourself, you will create the very conditions you are trying to avoid. Or to say this another way, you will experience your fears." Mark Douglass
The Psychology of Trading
www.traderslog.com/trading-psychology/
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