ermaniso2011

l have try already the bonuse of trading point.l can say that l really enjoy trading with them.their service is fast and they have reasonable spreads and they accept e-currencies.over all it is a recomended broker.l hope to have some capital soon and invest back with my own money and trade with them.tradeing-point is one of my top 5 broker.

the problem with the 5 usd bonuse is when you want to withdraw it you will be charged 7 usd as one time comission.so it is really unfair couse the deposit is only 5 usd.company will be earning comission from each of your trade and still will also get 7 usd for the 5 usd bonuse.and if you want to withdraw you have to verify your account also :)never mind

what is the payment options?do you accpet e-currencies like moneybookers,paypal or liberty reserve.is ti easy to deposit and withraw.do you require verification before requesting withdrawal.?here we have the same problem of the very high deposit for opening a live account.it will not attract newbies.

l think the only problem with this broker is the minimum deposit is very high.to attract the new traders they really have to offer mini account with low deposit.if their server is fast and customer service is above avarage then l m sure so many of the trader will be depositing higher amounts.but for beginners it is a must to offer small deposit for opening real account.

l want to ask if ikofx is a regulated broker and how is the speed of the execution .and 2 pips spread is for which pairs is it for mini accounts or for standart account.couse mostly the brokers will offer lower pips if you got a big investment .if you can clear this matter ,since the minimum deposit is very low l think most of the newbies can give a try.

l want to ask also if you can share with us more information like ,what is their payment options l mean depositing and withdrawal,and do they offer swapfree accounts and are they regulated.do we have to verify our account before making deposit or withdrawl via e-currencies.

hi dear traders l want to ask you to share with us if which brokeris the best one for scalping.you can kindly also write down their spread rates for the majors.and their scalping policy.

here l have one.

exness.com

one thing that all the traders have to be carefull is the capital.if the capital is small then we have to invest it in a mini or micro account so that we can still apply risk and moneymanagment rules.using a small capital in a standart account will just kill your account soon.all the new bies have to take note this.

l have opened this topic couse of to remind to newbies to be carefull to know the importance of this two.

money managment and stoploose can not be used alone by teirself.both has to be applied.

example:specially in most cases newbies has small capital lets say 100 usd and ofcourse they want to work hard and tomake it 200-500-100 ...... usd .and they decide to listen the experts.the expert says dont ever forget stoploose so that you can always stay in the game,and other expert advise them always appy money managment risk only %2-5 of your capital per trade.but frankly for an account owner which has only 100 usd %2 is only 2 usd.and that is a very funny amount :)so most of the newbies just ignoring it couse they can make it grow faster,they think like this.but in most case the newbie will keep on loose his capital and keep on deposit.

now what l m trying to say is if any trader reading this have to decide .do you want to make a living with forex and to want to be professional forex trader in future.?all the knowledge can be studied with books or other documents,you can master yourself about forex.but discibline is something that is with you that you cant learn from a book.

moneymanagment ,risk management ,and stoploose are the most important rules that all the trader have to follow.if not then the trader have to find another profession or he or she will keep on loose for the rest of their life.

one of the common mistake that new traders doing is they use stoploose without risk managment.that means they are using very high leverage with small capital even they will be using stoploose it will not help them to finish their capital soon since there is no money and risk managment.

l think the title and content is different,but it is still related to forex so no problem :)the risk managment is one of the most important knowledge that every trader must have.what l have discovered latley is it is exctly where the winners and loosers differs.risk managment gives a trader total control on his investment.

if you will ask me l prefer scalping so it is sometimes up to hundreds of trades in a week :)but most of them l call junks couse of no profit at all.l think a trader can trade as much as he wants as long as he has total control on it.but overtrading in daily basis is not adviced.the best way just trade when you got clear signals it doent matter how many times it is.

the breakout strategy is very profitable couse of its nature.it works like this ,a trend cant stay in some range forever have to break to one side it will be up or down and mostly will make a big move like stepping a higher lever or lower level.if you are with them when they are moving then you are lucky.it is one time hit

hedging strategy works best when the market is in side way.it means not bullish or bearish but just making zigzags and not yet decide wher to go.basicially it is going to hit all the targets within that range.so it is very good oppotunity for hedging.or other option is you really have to use stoploose when hedging couse if you will quit from earning side very early and do not use stoploose that will be very dangerious.

AUDUSD : here is the technicals for audusd for this week.l hope you will find it useful.

continued its upward movement from 0.9861, and the rise extended to as high as 1.0487. Further rise could be seen next week, and next target would be at 1.0700 area. Support is at 1.0350, only break below this level could signal completion of the uptrend.

For long term analysis, AUDUSD had formed a cycle bottom at 0.9390 on weekly chart. Range trading between 0.9390 and 1.1080 is expected over the next several weeks.

here is the gbpusd for this week.

After breaking below 1.5272 previous low, GBPUSD rebounded strongly from 1.5236, suggesting that a cycle bottom has been formed on daily chart. Further rise could be seen over the next several weeks, and the target would be at 1.6000 area.

For long term analysis, GBPUSD is in downtrend from 1.6745, further fall towards 1.4500 could be seen over the next several months.

a trader have to feel like a real boss and owning a business a serious one.and the capital trader have is his investment ,it is not for gambling purpose or not for fun.a trader have to challange himself not the market or the trend.just challeng yourslef to make everything better and better everyday.and proof it to yourself with your results.

most of the trader make mistake of over trading.they want to trade as much us they can and thinking this will help them to multibly their account very fast.but this is a very big mistake.it is better to wait anaylse the trend very carefully and wait right timing,like opening of london or newyork sessions or wait for the big news release first then for sure market will decide wher to go,just wantch very carefully and when both fundamentals and indicators and the charts l mean your eeys says so :)then this is the time to enter the trade.this is one of the safest way.

l think the biggest problem is giving wrong decision when open a trade and not accept the mistake as naturally human dont like to be called failt.so the traders are loosing control over themself and getting slave of the forex.and forex will not let him or her go until the balance will not turn in zero :)we have to repeat and repeat every day forex is not gambling or a game it is pure business.

sorry l forgot to attached the file on my previous post here it is .l hope you have pdf viewer on your pc.based on your comments l m willing to post all of my e-books l hope here is the right platform for sharing e-books.

hi friends l want to share the famous 123 strategy with you.actually it is not my personal strategy that is why l m going to attach the pdf file so that you can ready by yourself.l hope you will like it.

l know there are so many signal providers out there some of them are paid and some are free of charge.anybody want to share his signal provider here is welcomed.

l advice you to follow

www.forexcycle.com/ anaylsis page is very nice.and it gives very clear view for the week and and daily trading.you can aso see live signals.l find it very useful and wanted to share with you.

it is your turn

what do you think using of different indicators.there are so many indicators which are already built i metatraders.the question is which one of the indicators are the best combination to determine the future,to have a good idea of the markets next move.

now the next step is to make some rules for your accounts.lets say al the earnings from account one will be saved as reserves in an e-currency,and the income from second account is for building or opening a new account,and the third account is for daily expences.your target should be always not to loose this accounts ,keep them alive.dont take high risk just go conservative way and grow your accounts slowly.step by step.

l have a diffrent solition for that.it is better to open an extra account which you can make internal transfer between them without any charges.any time you make some amount out of your account just kindly transfer it to your second account and wait until your second account come to same level.now you have two accounts to trade then you can start to built up a new account with the two accounts.now you have 3 accounts.