FOREX THREAD - What currency do you trade?

I strongly suggest that you buy gold/silver. Paper money will be useless very soon. Are you using eToro by the way?

thx for the input! I dunno what eToro is. I use Japanese brokerage called Click-Shoken.

the free gift exchange.
it is based on love, and it
is the only system that works.

I agree but anything or any system where corruption can sneak in, it will because of the way how our reality is set up.
We live in spiritual dakrness times.

If Greece is truly going down then sell the EUR.

I've seen a recommendation from HSBC to sell at 1.4130 against the USD with a short term target of 1.3500 BUT they think it will go sub-1.2000 based on some momentum indicators.

That's a nice 15% if it happens.

Other than that put it all on Woodland to win the US open at 100/1 that's a nice profit in 4 days!!

what is the downside? I thought with FOREX you have to pay if you lose.

I can't buy EUR/US cause my capital is not big enough yet ~~
but thanks for the info!!

Here in Japan you can only lose until you become 0.
You don't lose into the negatives.

EUR
GBP
YEN

Didn't American law change the other day to prohibit OTC Gold trading?

I think it is still legal in UK with my broker

"If Greece is truly going down then sell the EUR.

I've seen a recommendation from HSBC to sell at 1.4130 against the USD with a short term target of 1.3500 BUT they think it will go sub-1.2000 based on some momentum indicators.

That's a nice 15% if it happens.

Other than that put it all on Woodland to win the US open at 100/1 that's a nice profit in 4 days!!"

Do your OWN analysis, by the time it hits the news it's OLD.
OLD!!!!

But if you really want to do the gold route, rather invest in physical bullion. Like Krugerrands etc etc etc.

Hi there, I've just started a Forex Thread like that 3 days ago entitled:

'FOREX THREAD - I Will Show You How to Double Virtual Capital in Few Days'

but it mysteriously disappeared >>> [link to www.godlikeproductions.com]

My testing goal was to double a virtual capital with a day by day operative signals in few days.

Anyway this is the strategy:

The currencies are GBP/USD

Here's the link to check the quotation: bloomberg.com/quote/GBPUSD:CUR

Leverage = x100 and my starting virtual capital is 1.000

I'll post every time just three signals per day:

[ B ]uy OR [ S ]ell (or Vice versa) with [ T ]ake profit and [ S ]top loss 12 or 24 hours before. So it does not take time, just 5 minutes to set the stuff up before each operation.

Trading Time Range Starts @ - 7.00 GMT TO >>>>> 19.00 GMT.

N° 1 - Signal Trade:

[ B ] @ 1.5389
[ T ] @ 1.5414
[ S ] @ 1.5359

Trading Time Range Start @ 15 April 2013 - From 7.00 GMT TO >>>>> 19.00 GMT.

Actual Gain Trade in Pips: 0.

Note - (1 Pip = 10 each as a leverage value x100, if you choose x50, then its 5).

----------------------------

Example: (100:1 Leverage or 1 Lot)

For 1 lot 1 pip equals $ 10

If you make a profit of 100 pips the calculation of profit is:

1 lot

1 pip = $10

100 pips = 100 * 10 = $1000


Total= balance + profit

= 1000+ 1000

= $2000

--------------------------

HERE'S INFO ABOUT LEVERAGE

At 100:1 leverage: If you trade a lot worth $10.000 then you need a free margin of $100.

At 10:1 leverage: If you trade a lot worth $10.000 then you need a free margin of $1000.

At 1:1 leverage: If you trade a lot worth $10.000 then you need a free margin of $10.000.


At 100:1 leverage: If you trade a lot worth $100.000 then you need a free margin of $1000.

At 10:1 leverage: If you trade a lot worth $100.000 then you need a free margin of $10.000.

At 1:1 leverage: If you trade a lot worth $100.000 then you need a free margin of $100.000.

In other words, to put it simple, 1:1 leverage is no leverage at all.

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Last Edited by IWASTHERE on 04/14/2013 10:41 AM

BUY NZD/CAD AND BRENT UKOIL AND SELL GBP/NZD TO MONDAY MOMENT TO 3 DAYS...
99% RATE VICTORY JAJA

Amount Traded $ Per Pip

$10,000 $1
$50,000 $5
$100,000 $10
$500,000 $50
$1,000,000 $100
$5,000,000 $500


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