Eric asked:
i am a rookie.. i started to research this crap 3 days ago but in short
1:40 leverage
using the pivot system s1,s2,p,r1,r2 with the macd and EMA 9,18
my question is this
i am a rookie.. i started to research this crap 3 days ago but in short
1:40 leverage
using the pivot system s1,s2,p,r1,r2 with the macd and EMA 9,18
my question is this
is my method of using a one hr and 5min chart sufficiant??
if so and you are familiar w/ what i am doing
could ya give me a few pointers???
i am going to start a real account with 200 cash i know it is not much but in my practice acount of 100k i am only wagering $200 dolla at any given moment so far by using $200 i gained 4 dolla in 3 days is that good??? who cares about dollers i know 4 dolla is crap but is the % decent???
thanks 4 any help
Morris
June 28th, 2009 at 11:45 pm
We have lots of information in our forum with charts and weekly pivots,I would suggest sign up its free and read through the postings also I would use wma instead of ema’s.Thanks and good luck.
June 29th, 2009 at 10:38 am
A fool and his money soon find a way to part !
July 2nd, 2009 at 2:49 am
Save your $200 and trade the simulator for free, until you have enough data to see a trend. Three days is squat, meaningless.
You should trade the simulator for at least six months while you learn. Don’t get in a hurry to lose money. When you begin to make “virtual” money, then you can open a live account and risk your own.
There are literally thousands of indicators. You have to decide what works for you, and it will take you years to try them all.
Try instead to decide your time frame, and your risk level, and learn good money management techniques, then maybe you’ll stick around awhile.
Or just jump right in there and blow your $200, then come back here and blast us all for how risky Forex is and how it can’t be done and what a SCAM it is.
Here’s the Forex simulator game called PriceMotion
There are also great resources for Forex at Investopedia.com
Here are some others
July 3rd, 2009 at 8:06 pm
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Good Luck and Best Wishes!
July 6th, 2009 at 2:12 am
The rest of say 20 10 times but if you must improve one and gambling for more you.
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