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bloger90

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Posts posted by bloger90

  1. @hyipreviewblog

    Well you don't want to trade everyday to gain profit. when every you identify a good signal which will give 30- 40 pips i thjink that is more than enough. It is better than investing in HYIPs which gives you a small commission.

     

    @ hyipreviewblog

    to make profits in forex you don't need a big investment. you can open micro account/ cents account in which you can trade for cents. So that way you can start with a small investment. But your profits and depends on pip and the lot size you will earn less than a big investment (they can open large lots)

  2. Lite forex is offering a No deposit bonus of $5. Promotion is valid from 25th to 29th April only .

     

    HOW TO GET THE BONUS.

    You open a Floating Spread account in the LiteForex company and a bonus of 5 US dollars will be credited within three business days. To receive the bonus you need to verify your telephone number first.

    The funds can be fully used in trading.

    Any profit received during your trading can be withdrawn without any restrictions.

     

    You can also withdraw the bonus as soon as you sequentially complete the following conditions:

    1. Deposit your account with $50 (during 120 days after getting a bonus)

    2. After depositing, make 30 transactions of any volume

     

    The promotion Nice Surprise runs from the 25th of April 2011 to the 29th of April 2011 inclusive. Only Floating Spread accounts opened during the promotion period are permitted for participation

     

     

     

  3. Well this forem is ment to forex traders. I have learn a lot from the forum in fact i started trading with the knowledge a acquire fro the forum nigeria and MT5 forum (Both are forex forums). I started trading with bonus given by forum nigeria. Best and most valuable thing you can earn at forum nigeria is knowledge to become a successful forex trader.

  4. I have use their practice account. I think it is not the best broker. They don't even support meta trader. It is very difficult to trade with out charts and indicators which is not provided by etoro. And the response time is also very poor. Site some times get stuck when trying place the orders. They are spending lot of money on advertising . I think that is how they became popular.

    But they provide very simple and very user friendly GUI platform .

  5. I'm also new to forex. What i did was i practice with the demo accounts for two - three months with the brokers i was intended to invest. So it allowed me to test their platforms too.

    So during my practice period i learn technical analysis and try to identify the best combination of indicators so that i can identify trends correctly. Joined some forex discussions forums and learned from the experts.

    There are lot of ebooks available. you should read then and should learn both technical analysis and and candlestick patterns.

  6. You can not loose more than what ever you deposited. Because that amount will initially going from your brokers pocket which they will never do.What will happen is that if your margin is equal to the your portfolio value or your equity broker will automatically close the trade. Therefore you will not lose more than what you invest. But to avoid any such situation never use high leverage like 1:500 or 1:1000. if a trade did not go your way it will be disastrous.

  7. I also trade with a Demo account more than three months. Get used to the trading platform MT4 by using the demo and learn how to use different indicator and tried to identify trading patterns. (chart patterns).

    After many successful trades only i decided to invest in real market. But still i'm in the initial stage so i started with small amount.

  8. In my country forex is not taught in school. Lot of people doesn't even know. I think teaching forex in schools is a very good idea for advanced students.

    I think in western countries many people aware of forex but in eastern countries lit my country(sri lanka) people doesn't know about this.

    By including forex lessons (Can easily be combined with economics or accounting) to the school curriculum is a good idea to educate next generation and open the doors to the world.

  9. Compared to other e-currency payment processor, it is difficult to register with payweb. They take more than 24 hours to check and validate your request for registration(they are doing manual confirmation). And unlike other ecurrency processor you need to submit you identification documents as well. Currently i'm in the second phase .Still waiting they confirm my account.

  10. You can identify over bought and oversold situation using RSI. When ever RSI>70 is overbought and RSI<30 is oversold. Ideal to buy when the RSI line cross the RSI 30 level from below . RSI divergence and convergence is also used to identify reversals in trend. When the RSI is converging it means trend can change from bullish to bearish. Similarly when the RSI is diverging it means trend can change from sell to buy

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