MoneyTec 2.0 is the #1 social networking community for forex traders. Where both experienced and new traders can share information and create "practice synergies" learn from the experiences of others who may have encounter a similar ordeal, ask and discuss general questions about trading and the Forex markets, find a resources available to them, find a professional who will be able to give advice, assistance or services they desire.
Online forex social networking site Moneytec.com allows traders of all levels of experience and skill to share tips and techniques, in a bid to create a collaborative environment and ...
Which indicator should I use in my daily trading and which is better, a lagging indicator or a leading one? That's a common question which is being asked every second ...
What are the most simple things you studied or knew in technical analysis that you can use in FOREX trading?, of course most will answer this without even thinking about ...
How could I use fibonacci numbers in FOREX trading successfully and what are their advantages in trading?. These are two of many questions we got asked everyday by traders about ...
It's known that most of traders lose because they can not beat their emotions and this causes them to make wrong-timed decisions and lose the most of their trading budget ...
How can I manage my money in FOREX?, How can I control my money while trading and direct it in the positive way always and avoid to lose much money ...
Historic financial milestone was reached regarding Chinese currency, the new Renminbi. National foreign reserve holdings exceeded the $2 trillion mark, as money pours back into China to take advantage of faster ...
Wild risks, wild randomness
My wife has found this story recently. It was published by Toronto Star newspaper; see it here. This is a story about dramatic results of applying statistics in a not correct way. I would not blame the guy though I would like to discuss the core of this problem.
In a real life, the problem is very simple. It is the problem of evaluation of the risks related to financial data. It is not just an academic...
written by Sergey Tarassov
During this year the Timing Solution research group did a lot of back tests for different indicators. Usually people who invent these indicators tell about their benefits only and do not mention the side effects that these indicators might have. We looked at the indicators that are used in Timing Solution software and the most popular indicators used in other programs as well. Our main focus was to understand...
Online forex social networking site Moneytec.com allows traders of all levels of experience and skill to share tips and techniques, in a bid to create a collaborative environment and to take advantage of so-called 'practice synergies', according to a community spokesperson.
Online forex community Moneytec.com is providing a platform for traders from all different backgrounds to collaborate and share ideas and strategies, leading to the...
Cycles apology
Pro et Contra
I believe that the question "Do the cycles rule the stock market or not?" is not a technical question only. This is a kind of some religious question, like "Does some order exist in our Universe or is it just a game of Chaos?" or "Does the life after death exist or is this current life our only chance to be?". The main issue here is our faith, not some knowledge. If we accept that, any "pro" and "contra"...
A question that you can ask to a lot of traders which will make them freeze is: "What is your trading strategy?". Most of them would answer you after a while "I use moving averages and ...." whatever was the answer they tell, it doesn't give a real answer for the question because it mostly will be just stating some indicators not a complete trading strategy. Even some advanced traders will be answering you that they are trading technically...
It's known that most of traders lose because they can not beat their emotions and this causes them to make wrong-timed decisions and lose the most of their trading budget and forfeit quickly.
Trading psychology is known to be the first and most important factor for trading success or failure but its impacts are not initiative by many traders, they are just thinking about getting a good trading strategy but this is only part of the...
Historic financial milestone was reached regarding Chinese currency, the new Renminbi. National foreign reserve holdings exceeded the $2 trillion mark, as money pours back into China to take advantage of faster economic growth. Swiftly inflating asset prices are also cited as a reason. The second quarter gross domestic product figures are expected to record strong growth, of about 8% for the last three months. The People’s Bank of China,...
Which indicator should I use in my daily trading and which is better, a lagging indicator or a leading one? That's a common question which is being asked every second and minute amongst traders and analysts wither they are professionals or beginners. The answer for this question varies according to some factors which include market type, trading frequency, market speed and trader's personality.
In order to be able to answer such a question,...
Yesterday, a European central Bank board member gave an interview in which he admitted that there are signs the economy is picking up much quicker than was initially estimated.
The news outlets portrayed this as a sign that the “powers that be” are openly admitting that the turnaround has come and is in full force too. However, after reading the article in depth and a few statements he made after the interview, I am not so certain that he...
Think you might want to try trading? Want to ask a question but worried about saying something silly on the main boards? This is the place where you can take the first few steps in safety.
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Recommendation are given by members to members and are not endorsed nor warranted in any way by MoneyTec. All members participating are responsible for their own statements.
Recommendation are given by members to members and are not endorsed nor warranted in any way by MoneyTec. All members participating are responsible for their own statements.
Workstations, Realtime and End of Day Trading Software - Technical Analysis Software, Trading Platforms, and Realtime Scanners. Anything you need to trade, post about it here!
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Articles & Analysis posted by members for members. in-order to post within these forums one must bean approved contributor, read this fist sticky post to lean how and why to become approved contributor.
Articles & Analysis posted by members for members. in-order to post within these forums one must bean approved contributor, read this fist sticky post to lean how and why to become approved contributor.
Articles & Analysis posted by members for members. in-order to post within these forums one must bean approved contributor, read this fist sticky post to lean how and why to become approved contributor.
Articles posted by members for members. in-order to post within these forums one must bean approved contributor, read this fist sticky post to lean how and why to become approved contributor.
Welcome mac55, Glad you have joined!
here are a couple links to get your started.
1: some great articles link inside
2: Video shear section link inside
Welcome Trader32, Glad you have joined!
here are a couple links to get your started.
1: some great articles link inside
2: Video shear section link inside
Welcome Vision_Bancorp, Glad you have joined!
here are a couple links to get your started.
1: some great articles link inside
2: Video shear section link inside
Are the retail, trade-from-home crowd really large enough for the institutions to make any money off of? From an institutional perspective are retail forex brokers as much fair game as individual retail traders or don't they differentiate? I'm guessing they can't because individuals are too small...
Hi,
I have simple trading plan, which indicate cca 100 % per month.
I backtested it on 5 months, but the results are the always same.
When i set up demo account, my initial investment was 300$ and i evaluate it on 600$ during the one month.
Count, i started in january - 300$, february -...
Hi everyone, just signed up as a member, wishing you all a very good day!
I came across some thoughts yesterday by one of your active traders regarding the Pareto Principle, or 80/20 rule in trading.
So far I am at the early stage of gathering information about Forex Trading, but have come...
Please excuse my ignorance. I have been demo testing the Avonko Elite EA from... (removed marketing label) ...for about 8 weeks on MT4. I have kicked myself several times over these weeks for not having the "guts" to just open a live account, since watching my "demo" balances double or triple...
If I though EUR would fall against USD at some point in th future how would I put on a trade in advance? Intermediate news and volatility will probably wipe outmy margin reserves and trip all my stops long before anything came to pass. What do pros do? Is this long term view about markets and...
Hi Guys,
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I’m a professional trader from 2005 and I’ve been trading so many types of platform, The issues is that I wanted to find the right platform that will help me to gain high return on my money on a short term of time. At start I tried the Forex and others platform, but than I...
Hi all,
I'm brand new here and to any kind of FX trading..
I was looking for info.. on Forex blog and read a report - How To Turn $500 Into $522,053 Trading Currencies...
It shows profit %'s of up to +1,027% within 3 months...? this % was made buying US$ with GDP. then the initial investment...
Hi,
One of the most important usages of psychology in trading is market analysis. How?
Psychology is "trying" to fail, basically, all traders. Most people have the same basic psychological problems. That makes their responses pretty predictable.
And since the market is actually a bunch of...
Have you ever wondered how to get your ego out of your trading? Have you wanted to be market-centered, but find yourself consistently being self-centered?
One thing I know for sure: your self concept has to be separate from your trading. You began as an individual long before you ever thought of...
Anyone is allowed to make one mistake. When the same mistake is repeated a second time, caution should be noted. The third repetition of the same mistake constitutes self-destructive habitual behavior that must be reversed. All trading must stop immediately until the trader's self-discipline is...
Patience is probably the number 1 attribute missing from the aspiring trader's psychology today--indeed, it is a flaw of my own.
The markets will not be mastered by hopes, emotion, and gut feelings that "one trade will win me". These markets are about a series of trades, not one winner.
...
I've made many trades using various advice that wasn't always sound, and made many mistakes in and out of practice accounts before transitioning to a real one. "Learn to like losses" goes the old saying--better yet, there is a oneness between the losses and I: an inevitable intertwine to carry me...
a few years ago..i read about ths book
this book about war strategy..but it work for trade psichology..
well..i dont know..it help or not..
but for me is work..
regrads
fic-traders-networks.co.cc (all about trading in one site)
fic-traders-ea.co.cc (fic traders expert advisor)
My GBP/USD analysis and trades over 02/01/10 – 02/05/10
1.1 GBP/USD 60 Result +64 p.p.
link inside
The trade is made as follows: when p.4 is hit, an order is set to open position at 1.5935, take profit at 1.5871, stop at
1.5976 (rule 6i)....
Hello everyone. I am looking for an indicator that measures movement. Maybe there is already something out there that you can point me too or maybe you can help me create it or program it.
I'm thinking of an indicator that can measure movement. For example, let's say the high over a certain...
link inside
How To Benefit From A Managed Account
Managed forex trading is extremely popular in the investment marketplace at the moment. With various investment companies offering individuals the ability to opt for a managed fund, beginners may...
My trading system ″Andrew Forex″
Currency pair: any, but better cross-pairs that give good trends
Time frame: any, but usually 4-hour
Indicators: supertrend, nonlagdot (value: 20)
Entry rules
DOC's.
1. Remove all global variables (by press F3 - show the his window)
2. Run the Boot
3. Glue on all Trade window
4. Spread required below or EQ 35
link inside
Hello Traders!
Here is my GBPUSD analysis:
GBP/USD WEEK
link inside
There are no changes over last week. We see an uptrend. The first target along the trend almost coincides with the strong reversal level 8/8. The price is in the upper...
Hi All, I am looking for a software developer to partner with.
The developer should have a viable trading software, at or beyond the testing stages.
I am a sales Copywriter and Publisher with a lot of experience in marketing online.
The idea is for the developer to create the software...
I am new here. Has any body in this forum heared of forexambush2.0 before. I am intrested in their Autotrading version, and would like to have advice about the profitability of this program Pls.
I've been trading with an indicator named the CBC (or Flux Capacitor) and I've raised my average daily pips from 50 to 150!
Watch the videos: search YouTube for "flux capacitor indicator"
Or visit them at Back to the Future Trading
All the best to you!
Ben
Hello all,
When I run an EA through the tester (MT4), the last entry in the "Results" tab almost always ends in a "close at stop" type and the "Journal" tab ends in a "Tester: order #34 is closed" (for example) message.
I have tried searching for this error on the web but haven't been able to...
Hi,
How common is it for brokers to expose their API (if you are a customer)? Ideally i'd like to not pay too much for the datafeed. I do know there are companies out there that offer a reliable datafeed for 2-5k a month.
I've been slowly building my own trading platform / EA system in C# and...
Hi All,
I'm a newbie in Forex and while I'm picking up the "trade" I have also decided to try Forex Killer version 4.12
I have 3 questions regarding Forex Killer which is not clearly shown and described in the YouTube videos I saw...
1. Are the the Stop Loss & Take Profit in the Forex...
I have been trading Forex Hedge Fund EA on two live accounts with Alpari UK since the beginning of Novemeber. One small account with aggressive settings and a larger account with moderate settings. I only use pairs like on EURUSD, USDJPY and EURJPY.
On average the small, aggressive settings,...
Hello!!! My name is Paul, live in Ukraine, Odessa. I have a wife and son, a son is 2 years. I come to you with a request, we with a wife want to open the small domestic business, and a money is not present. to whom how many not pitifully send in the system of Web money on a purse ¹ Z136894439563....
Hi,
I am comparing two major strategies, in order to decide which is better for me:
1. Traditional system of manual traders, with medium winning rate (let's say around 40%), with a high TP/SL rate (let's say, 3:1).
2. A system with high winning rate (let's say over 90%) with low TP/SL rate...
Markets in Asia fell as investors went for the safer assets on worries of eurozone countries and poor US jobs data. Alfred Chan, chief dealer at Cheer Pearl Investment, said: "Investors are defensive. With the jobs data not so good in the US and fears of a deterioration about the fiscal situation...
Do you ever sit there looking at your screen hour after hour, a little tired and bored? You feel like you need some action, but nothing much is happening. You think to yourself, "I might as well get long, it's likely to go up before the Close." So you place your order, even though you have no...
Hey,
I just read an interesting article about how Forex Rebates can cut your transaction costs for free. Sounds a little too good to be true, but at the same time seems to make sense.
I’m considering trying Forex Rebates myself, but first I was wondering if anyone could confirm if rebates...
China too just managed to remain high, especially after fall banking shares. Ben Kwong, chief operating officer at KGI Asia, said: "The market is in a very short-term trading mode because of a lot of uncertainty. People are worried whether there will be further tightening in China. The recent trade...
Treasuries were moderately in demand as investors wanted to hold on to the safety of the bonds too ahead of th US jobs data which may show rise in jobs indicating a recovering economy. Christian Cooper, an interest-rate strategist at Royal Bank of Canada in New York, said: "It’s really a tough...
i have try all kind of binary options websites but the one the cut my eye was TraderXP - Simple binary options trading. did some one use this trade platform?
cheers
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Howdy folks...
I'd like to enlist your help as I put the finishing touches on my upcoming book. Actually, rather than calling it "my" book, I really ought to call it your book.
As those of you who have been on my site for a while now know, when I first set out to write this book the goal was...
Hi All
Newly opened in this year trading program, we looking for funds raising & investments for spot fx trading + fx options. Can see our trades MT4 Stats - Share your MetaTrader 4 Statements with the world
MT4 Stats - Share your MetaTrader 4 Statements with the world
we invite new...
Search for an investor to manage your account.
Online monitoring:HOTLINE (updated every 5 hours) - in the account is an aggressive trade ( 3 weeks> 40% of profit )
My conditions:
Minimum balance $ 5000
Leverage: 1:300 - 500 (desirable)
Profit 50/50 (investor / trader)
Contact:...
Confidential management in FOREX market and trade online with us.
The detailed information, please visit at our web-site or write an e-mail.
( Mod Note) users promotion image removed by admin/mod.
Hi,
I would like to know which brokers you recommend for Forex Trading. I have been in FX for over a year with one broker but have been very disappointed. I am thinking of switching to Oanda. Can anyone with experience with this broker give me any feedback? I have a strategy and I just want to...